• Oleksandr Usyk after retaining his world heavyweight titles in a split decision against Anthony Joshua at the King Abdullah Sport City Stadium in Jeddah, Saudi Arabia. PA
    Oleksandr Usyk after retaining his world heavyweight titles in a split decision against Anthony Joshua at the King Abdullah Sport City Stadium in Jeddah, Saudi Arabia. PA
  • Oleksandr Usyk celebrates winning his fight against Anthony Joshua. Action Images
    Oleksandr Usyk celebrates winning his fight against Anthony Joshua. Action Images
  • Oleksandr Usyk after winning in Jeddah. PA
    Oleksandr Usyk after winning in Jeddah. PA
  • Oleksandr Usyk reacts after his victory. PA
    Oleksandr Usyk reacts after his victory. PA
  • Anthony Joshua speaks to the crowd following his defeat against Oleksandr Usyk in Jeddah. Getty
    Anthony Joshua speaks to the crowd following his defeat against Oleksandr Usyk in Jeddah. Getty
  • Anthony Joshua and Oleksandr Usyk touch gloves at the end of the fight. PA
    Anthony Joshua and Oleksandr Usyk touch gloves at the end of the fight. PA
  • Oleksandr Usyk celebrates with his belts and his team. Getty
    Oleksandr Usyk celebrates with his belts and his team. Getty
  • Oleksandr Usyk celebrates after retaining his world heavyweight titles. PA
    Oleksandr Usyk celebrates after retaining his world heavyweight titles. PA
  • Anthony Joshua looks angry. Getty
    Anthony Joshua looks angry. Getty
  • Oleksandr Usyk celebrates with the flag of Ukraine. Getty
    Oleksandr Usyk celebrates with the flag of Ukraine. Getty
  • Oleksandr Usyk after winning his fight against Anthony Joshua. Action Images
    Oleksandr Usyk after winning his fight against Anthony Joshua. Action Images
  • Oleksandr Usyk after winning his fight against Anthony Joshua. Action Images
    Oleksandr Usyk after winning his fight against Anthony Joshua. Action Images
  • Anthony Joshua on the front foot against Oleksandr Usyk. PA
    Anthony Joshua on the front foot against Oleksandr Usyk. PA
  • Anthony Joshua and Oleksandr Usyk trade punches. Getty
    Anthony Joshua and Oleksandr Usyk trade punches. Getty
  • Anthony Joshua evades a right. Getty
    Anthony Joshua evades a right. Getty
  • Oleksandr Usyk after receiving a low blow. Action Images
    Oleksandr Usyk after receiving a low blow. Action Images
  • Oleksandr Usyk lands a right on Anthony Joshua. Getty
    Oleksandr Usyk lands a right on Anthony Joshua. Getty
  • Anthony Joshua and Oleksandr Usyk in action at the King Abdullah Sport City Stadium in Jeddah. PA
    Anthony Joshua and Oleksandr Usyk in action at the King Abdullah Sport City Stadium in Jeddah. PA
  • The ring is cleaned between rounds. Reuters
    The ring is cleaned between rounds. Reuters
  • Anthony Joshua evades a punch from Oleksandr Usyk. Getty
    Anthony Joshua evades a punch from Oleksandr Usyk. Getty
  • Anthony Joshua with a body shot. Action Images
    Anthony Joshua with a body shot. Action Images
  • Oleksandr Usyk throws a right. Action Images
    Oleksandr Usyk throws a right. Action Images
  • Oleksandr Usyk in action against Anthony Joshua. Action Images
    Oleksandr Usyk in action against Anthony Joshua. Action Images
  • Anthony Joshua made a low-key entrance at King Abdullah Sports City Arena in Jeddah. Getty
    Anthony Joshua made a low-key entrance at King Abdullah Sports City Arena in Jeddah. Getty
  • Anthony Joshua and promoter Eddie Hearn before the fight. PA
    Anthony Joshua and promoter Eddie Hearn before the fight. PA

Joshua rages after losing world heavyweight title fight against Usyk in Saudi Arabia


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Anthony Joshua fell to an agonising split decision defeat by Oleksandr Usyk in Saudi Arabia to leave him facing an uncertain future in the heavyweight division he previously ruled.

Usyk edged a thrilling contest 113-115, 115-113, 116-112 at the King Abdullah Sports Centre Arena in Jeddah to complete a second successive victory over Joshua and retain the WBA, IBF and WBO titles.

The all-out assault many were calling for never materialised, but Joshua’s performance was far superior to that passive night at Tottenham Hotspur Stadium almost a year ago when Joshua surrendered the belts in such disappointing fashion.

Joshua angrily stormed out of the ring after the fight, before returning to rant at Usyk: “Skills win boxing, you’re not strong, how did you beat me? I had character!"

Joshua then grabbed the microphone and addressed the crowd, including Crown Prince Mohammed bin Salman.

“I am giving you my story,” the Briton said. “I was going to jail. I got bailed and started training, because if I got sentenced then I would not have been able to fight.

“I could have done better, but it showed the hard work he must have put in to beat me. Please give him a round of applause as our heavyweight champion of the world.

“I’m not a 12-round fighter. I am a new breed of heavyweight, Mike Tyson, Sonny Liston – they say ‘he doesn’t throw combinations like Rocky Marciano,’ because I am 18 stone, I am heavy.

“It is hard work. This guy here is a phenomenal talent. We are going to cheer for him.”

The 35-year-old Usyk kept his belts six months after serving in the Ukrainian army as part of the country’s defence against Russia’s invasion.

Both boxers looked exhausted at the final bell. Usyk fell to the canvas and looked to the sky and was soon joined there by Joshua, who embraced his opponent and appeared to offer his help to the plight of Ukraine.

Fury-Usyk on the cards

There’s now only one heavyweight title that Usyk doesn’t own — the WBC one that was vacated this year by Tyson Fury, who had said he was retired.

When asked about Fury, Usyk said: “I am sure Tyson Fury is not retired yet. I am sure Tyson Fury wants to fight me. If I’m not fighting Tyson Fury, I’m not fighting at all."

Happily for Usyk it appears Tyson Fury is keen on the fight too and eager to rescind his retirement status - albeit for an astronomical sum.

The so-called Gypsy King took to social media within an hour of the final bell to launch broadsides at both Usyk and Joshua.

: “After watching that, the both of them were s***e.

“It was one of the worst heavyweight title fights I have ever seen.

“It was bulls***. Come on!

“I annihilate both of them on the same night.

“F***ing s***e.

“Get your f***ing cheque book out, because the Gypsy King is here to stay, forever!”

Tyson Fury has raised the prospect of a mouth-watering fight with Usyk. AFP
Tyson Fury has raised the prospect of a mouth-watering fight with Usyk. AFP

Usyk-Fury is a tantalising prospect for the world of boxing, but where Joshua now fits into the equation is open to debate.

The 6ft 6ins (1.98m) two-time world champion, is left staring at an impasse in his career after his third defeat in his 12th straight title fight left him with figures of 24-3-0.

Joshua, accused of hesitancy in their first fight in London, was the early aggressor by round two as he repeatedly landed his big right hand.

A heavy right hook stung Usyk in round three and Joshua was continuing to find the jab as the Ukrainian's busy footwork opened up gaps.

A low blow from Joshua left Usyk wincing in the fifth and another backed him on to the ropes in the sixth but the tricky southpaw came firing back with some lightning combinations.

A flurry to the body put Usyk back on the ropes in the eighth and Joshua had the Ukrainian hanging on in the ninth after a right-left hook combination as the fight came alive.

But Usyk came storming back after the bell with a succession of clean shots as Joshua took some serious punishment despite landing a massive right of his own.

The mesmerising Usyk increased his control in the closing stages, slipping punches and landing quick combinations as Joshua searched in vain for the knock-down.

Ukraine's Oleksandr Usyk celebrates after beating Britain's Anthony Joshua. AP
Ukraine's Oleksandr Usyk celebrates after beating Britain's Anthony Joshua. AP

"I want to thank God for the help that he gave me today. I give this victory to my country, to my family, to my team and to all the military who are defending the country," he said after the victory.

On the contest with Joshua, Usyk added: “This is already history.

“Many generations are going to watch this fight, especially the round where someone tried to beat me hard, but I withstood it and turned in a different way. Thanks to God.”

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Our Time Has Come
Alyssa Ayres, Oxford University Press

RIVER%20SPIRIT
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3ELeila%20Aboulela%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Saqi%20Books%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20320%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
MWTC info

Tickets to the MWTC range from Dh100 and can be purchased from www.ticketmaster.ae or by calling 800 86 823 from within the UAE or 971 4 366 2289 from outside the country and all Virgin Megastores. Fans looking to attend all three days of the MWTC can avail of a special 20 percent discount on ticket prices.

Key developments

All times UTC 4

My Cat Yugoslavia by Pajtim Statovci
Pushkin Press

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
The winners

Fiction

  • ‘Amreekiya’  by Lena Mahmoud
  •  ‘As Good As True’ by Cheryl Reid

The Evelyn Shakir Non-Fiction Award

  • ‘Syrian and Lebanese Patricios in Sao Paulo’ by Oswaldo Truzzi;  translated by Ramon J Stern
  • ‘The Sound of Listening’ by Philip Metres

The George Ellenbogen Poetry Award

  • ‘Footnotes in the Order  of Disappearance’ by Fady Joudah

Children/Young Adult

  •  ‘I’ve Loved You Since Forever’ by Hoda Kotb 

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.”

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

Married Malala

Malala Yousafzai is enjoying married life, her father said.

The 24-year-old married Pakistan cricket executive Asser Malik last year in a small ceremony in the UK.

Ziauddin Yousafzai told The National his daughter was ‘very happy’ with her husband.

Hamilton’s 2017

Australia - 2nd; China - 1st; Bahrain - 2nd; Russia - 4th; Spain - 1st; Monaco - 7th; Canada - 1st; Azerbaijan - 5th; Austria - 4th; Britain - 1st; Hungary - 4th; Belgium - 1st; Italy - 1st; Singapore - 1st; Malaysia - 2nd; Japan - 1st; United States - 1st; Mexico - 9th

Results

Catchweight 60kg: Mohammed Al Katheeri (UAE) beat Mostafa El Hamy (EGY) TKO round 3

Light Heavyweight: Ibrahim El Sawi (EGY) no contest Kevin Oumar (COM) Unintentional knee by Oumer

Catchweight 73kg:  Yazid Chouchane (ALG) beat Ahmad Al Boussairy (KUW) Unanimous decision

Featherweight: Faris Khaleel Asha (JOR) beat Yousef Al Housani (UAE) TKO in round 2 through foot injury

Welterweight: Omar Hussein (JOR) beat Yassin Najid (MAR); Split decision

Middleweight: Yousri Belgaroui (TUN) beat Sallah Eddine Dekhissi (MAR); Round-1 TKO

Lightweight: Abdullah Mohammed Ali Musalim (UAE) beat Medhat Hussein (EGY); Triangle choke submission

Welterweight: Abdulla Al Bousheiri (KUW) beat Sofiane Oudina (ALG); Triangle choke Round-1

Lightweight: Mohammad Yahya (UAE) beat Saleem Al Bakri (JOR); Unanimous decision

Bantamweight: Ali Taleb (IRQ) beat Nawras Abzakh (JOR); TKO round-2

Catchweight 63kg: Rany Saadeh (PAL) beat Abdel Ali Hariri (MAR); Unanimous decision

Dhadak

Director: Shashank Khaitan

Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana

Stars: 3

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

COMPANY%20PROFILE
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Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EHakbah%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENaif%20AbuSaida%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ESaudi%20Arabia%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E22%20%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24200%2C000%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-Series%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EGlobal%20Ventures%20and%20Aditum%20Investment%20Management%0D%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
%20Ramez%20Gab%20Min%20El%20Akher
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Updated: August 21, 2022, 12:39 AM