Promoter Eddie Hearn predicts a “brilliant heavyweight fight” when Anthony Joshua meets defending champion Oleksandr Usyk in the highly anticipated title rematch in Jeddah, Saudi Arabia, on Saturday, August 20.
Joshua will get an opportunity to regain the WBA, IBF, IBO and WBO belts he lost to Usyk when the pair clash again in a fight that has been billed “Rage on the Red Sea”.
Joshua arrived in the kingdom four weeks ahead of his fight to continue his preparation to become a three-time unified heavyweight champion.
Hearn believes Joshua’s decision to arrive early in Saudi Arabia is a “sign of confidence” for his attempt to bounce back from his defeat to Usyk in London 11 months ago.
“It’s a huge fight to the boxing world and to the kingdom. There’s going to be a lot of great people there, a lot of great fighters and a huge media presence. The whole world will be watching at Jeddah,” Hearn told The National on Saturday.
“For us, all we want to see is an Anthony Joshua victory but it’s going to be a tough fight. He’s prepared fantastically well, and I think we are going to see a brilliant heavyweight fight.”
Usyk’s victory over Joshua gave him the heavyweight belts and stretched his unbeaten professional career record to 19.
Hearn felt history will be on Joshua’s side, recalling his rematch with Andy Ruiz to regain the world titles in Riyadh on December 2019 six months after the two-time champion surprisingly went down to the Mexican-American at Madison Square Garden in New York.
“This is a bigger fight than Joshua-Ruiz because Usyk is a pound-for-pound king,” Hearn said.
“He’s probably pound-for-pound No 1. It’s similar that AJ must win because he’s coming after a defeat. He will have very fond memories of that Ruiz fight because he went on to win the rematch and we believe he can do that again.
“I’m not just saying it, it’s one of the fights he feels most comfortable about. He has such fond memories of the kingdom because of his time in the Ruiz fight, and also don’t forget that he’s been out there for four weeks already and that shows how comfortable he is.”
Hearn explained there wasn’t a major difference in Joshua’s training but said it was about how comfortable and relaxed he felt.
“Normally a fighter would go one week before. The way they [the Saudis] made him feel the first time, he’s always wanted to come back,” he said.
Usyk, faced with a tough decision to make due to prevailing war situation back home in Ukraine, will be travelling late.
“It’s very sensitive so you really don’t know what’s happening and what’s in people’s mind,” Hearn said.
“He had a difficult decision to make between showcasing his country and his flag, and defending his world title with honour at the world stage, or staying with his people.
“I think if you have someone as popular as Usyk on that kind of stage, flying that flag to the world, I think it’s very important they do that and that was the decision he made.”
Hearn, meanwhile, is hopeful for an undisputed heavyweight championship between the winner of Joshua-Usyk and Tyson Fury.
“It has always been the kingdom’s aim to make the undisputed heavyweight world championship and we aren’t very far away from that with the winner of the Joshua-Usyk fight meeting Tyson Fury for the undisputed championship.
“I think that’s the aim of the kingdom and obviously my aim to see Anthony win on Saturday and then fight Tyson Fury for the undisputed championship.”
Speaking on the Joshua-Ruiz bout in the kingdom three years ago, Hearn recollected the challenges they faced at that time.
“The first fight we did was so challenging because to do a venue took 14 weeks,” he said.
“We didn’t know much about the people and the kingdom, and we were worried. We went over there and it was just sand, but they said everything will be fine, and it was.
“It was a fantastic experience, though. We had a lot of belief in our partners in Saudi Arabia. We know they did a great job for a massive event.”
However, the Joshua-Usyk rematch takes place at the King Abdullah Sports City Arena, which Hearn said was a “fantastic” venue with “brilliant” atmosphere.
“The changes that have taken place from then and now are unbelievable,” he added. “I’m a big believer in the best way to have your own opinion is to actually seeing it and understanding it.
“I was surprised when I arrived at the fight venue in Jeddah for the press conference eight weeks ago because, this time, I walked into a venue I simply couldn’t believe.
“It was really good to see because my job is to promote the territory and the region, and to talk about things changing.
“If things don’t change it’s very difficult for me to do that or speak with any kind of passion. It was a different kind of place, a different atmosphere and a different energy, and then you go ‘wow, change is happening'.”
Hearn didn’t have an issue with going to Saudi Arabia and taking boxing away from the UK when he saw the investment in the grass roots of the sport, the participation level and the boxing clubs in the kingdom.
“When you see the excitement and the enjoyment, and when we showed the Joshua-Uryk promo in the square, it was amazing,” the British promoter said.
“It was something like out of the film, like these two gladiators being followed by the members of the public.”
According to Hearn, the sport has yet to catch up in Saudi Arabia and he believes they need an Olympic champion to take boxing to the next level.
“There are boxers from Saudi Arabia but the investment in the amateur level and the grassroots is only happening now. You're going to see that in the next few years.
“I really believe it’s going to take an Olympic medal or a championship fight for the local people to follow the sport. The participation is up 300 per cent at the amateur and grassroots level.
“The participation is working but they still have a long way to go. They need quality coaches and they need champions. If we can find a champion that will be a complete game-changer.”
Hearn is confident about boxing’s growing popularity in the region and sees the UAE as a big market over the next few years.
“We intend to do lots of fights and business with the Emirates as well,” he said. “The pandemic really halted the progress of boxing in the kingdom for two years as they had big plans.
“Now we are back, I would like to see a calendar of boxing events rather than one-offs. I would like to see around three or four events in Saudi and other territories such as Abu Dhabi, Dubai and Doha. Saudi is the front-runner right now in terms of staging big boxing in the region.
“We have had meetings in Abu Dhabi, Dubai, Doha and Manama, and in many different places. Everybody is looking to host major sporting events in the region.
“We would like to continue with our development and keep our conversations but for the moment focus on the August 20 to deliver a great event for Saudi Arabia.”
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
'Laal Kaptaan'
Director: Navdeep Singh
Stars: Saif Ali Khan, Manav Vij, Deepak Dobriyal, Zoya Hussain
Rating: 2/5
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The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Jurassic%20Park
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Korean Film Festival 2019 line-up
Innocent Witness, June 26 at 7pm
On Your Wedding Day, June 27 at 7pm
The Great Battle, June 27 at 9pm
The Witch: Part 1. The Subversion, June 28 at 4pm
Romang, June 28 at 6pm
Mal Mo E: The Secret Mission, June 28 at 8pm
Underdog, June 29 at 2pm
Nearby Sky, June 29 at 4pm
A Resistance, June 29 at 6pm
UAE currency: the story behind the money in your pockets
The Birkin bag is made by Hermès.
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.
Pathaan
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Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
Essentials
The flights
Return flights from Dubai to Windhoek, with a combination of Emirates and Air Namibia, cost from US$790 (Dh2,902) via Johannesburg.
The trip
A 10-day self-drive in Namibia staying at a combination of the safari camps mentioned – Okonjima AfriCat, Little Kulala, Desert Rhino/Damaraland, Ongava – costs from $7,000 (Dh25,711) per person, including car hire (Toyota 4x4 or similar), but excluding international flights, with The Luxury Safari Company.
When to go
The cooler winter months, from June to September, are best, especially for game viewing.
Read more from Aya Iskandarani
Fixtures and results:
Wed, Aug 29:
- Malaysia bt Hong Kong by 3 wickets
- Oman bt Nepal by 7 wickets
- UAE bt Singapore by 215 runs
Thu, Aug 30:
- UAE bt Nepal by 78 runs
- Hong Kong bt Singapore by 5 wickets
- Oman bt Malaysia by 2 wickets
Sat, Sep 1: UAE v Hong Kong; Oman v Singapore; Malaysia v Nepal
Sun, Sep 2: Hong Kong v Oman; Malaysia v UAE; Nepal v Singapore
Tue, Sep 4: Malaysia v Singapore; UAE v Oman; Nepal v Hong Kong
Thu, Sep 6: Final
THE SPECS
Engine: 3.5-litre V6
Transmission: six-speed manual
Power: 325bhp
Torque: 370Nm
Speed: 0-100km/h 3.9 seconds
Price: Dh230,000
On sale: now
Points about the fast fashion industry Celine Hajjar wants everyone to know
- Fast fashion is responsible for up to 10 per cent of global carbon emissions
- Fast fashion is responsible for 24 per cent of the world's insecticides
- Synthetic fibres that make up the average garment can take hundreds of years to biodegrade
- Fast fashion labour workers make 80 per cent less than the required salary to live
- 27 million fast fashion workers worldwide suffer from work-related illnesses and diseases
- Hundreds of thousands of fast fashion labourers work without rights or protection and 80 per cent of them are women
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The biog
Hobby: Playing piano and drawing patterns
Best book: Awaken the Giant Within by Tony Robbins
Food of choice: Sushi
Favourite colour: Orange
Seemar’s top six for the Dubai World Cup Carnival:
1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition
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SECRET%20INVASION
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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Switch%20Foods%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Edward%20Hamod%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Plant-based%20meat%20production%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2034%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%246.5%20million%3Cbr%3E%3Cstrong%3EFunding%20round%3A%3C%2Fstrong%3E%20Seed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Based%20in%20US%20and%20across%20Middle%20East%3C%2Fp%3E%0A
The biog
Name: Abeer Al Bah
Born: 1972
Husband: Emirati lawyer Salem Bin Sahoo, since 1992
Children: Soud, born 1993, lawyer; Obaid, born 1994, deceased; four other boys and one girl, three months old
Education: BA in Elementary Education, worked for five years in a Dubai school
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Women%E2%80%99s%20Asia%20Cup
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T20 World Cup Qualifier, Muscat
UAE FIXTURES
Friday February 18: v Ireland
Saturday February 19: v Germany
Monday February 21: v Philippines
Tuesday February 22: semi-finals
Thursday February 24: final