If there was plenty of controversy surrounding the first two fights, there was no disputing the third.
Saul 'Canelo' Alvarez retained his undisputed super-middleweight champion status with a points victory over Gennady 'GGG' Golovkin in Las Vegas on Sunday morning, and in the process, settled one of the most defining rivalries in modern-day boxing.
Roared on by the vast majority of the crowd inside the T-Mobile Arena, Alvarez controlled much of the fight from start to finish, landing freely and beating a slow and sluggish-looking Golovkin to the punch at almost every opportunity. The 40-year-old Golovkin had his moments, particularly in the ninth round and came on stronger towards the end of the fight, but Alvarez aways looked in control.
Despite finding his target with several crushing blows, Alvarez was unable to close out the bout inside the distance against an opponent famed for his granite chin, but this time there would be no debating the judges' scorecards, even if two of the scores were debatably close: Alvarez claimed the victory 116-112, 115-113, 115-113.
It was the perfect response from the 32-year-old Alvarez, who lost for just the second time in his distinguished career last time out when he made an audacious step up to light-heavyweight to face WBA champion Dimitri Bivol. The undefeated Russian is next in action against Gilberto 'Zurdo' Ramirez in Abu Dhabi in November.
"You have to continue to move forward," said Alvarez, whose rivalry with Golovkin had turned personal. "I have shown that defeats can show you can be great and you can regain your humility.
"He is a good fighter, a real fighter. I am glad to share the ring with him."
The Mexican and his Kazakh rival first fought in September 2017, at middleweight, in one of the greatest fights in living memory, which ended in a disputed split draw. The second bout, 12 months later, was equalling thrilling and went the way of Alvarez by the narrowest of majority points decisions.
Four years later, this grudge match was settled in emphatic fashion as Alvarez took a deserved points victory to inflict only the second defeat of Golovkin's professional career.
The return to 168 pounds clearly suited Alvarez, but Golovkin was left to rue a slow start in which he only sparked into life when it was too late.
Alvarez improved to 58-2-2 with 39 knockouts, but he said he knew in the first round he wouldn't get the KO he said he wanted.
"First round, I knew he's tough. He's a tough fighter," the Mexican said. "I need surgery, my left hand is not good. But I'm good, I'm a warrior, that's why I'm here. I can't hold a glass. It's really bad. But I'm a warrior."
The first couple of rounds were cagey with Alvarez throwing a lot but not finding the target as much as his output would suggest, although Golovkin's face started to redden thanks to Alvarez's jab.
The Mexican was firmly on the front foot throughout the first eight rounds, and a big right hook in the fifth smashed against Golovkin's chin, but the Kazakh was able to absorb the force and push his cause on against his far more aggressive opponent.
Golovkin started to show his age as Alvarez continued with a barrage of shots which attempted to break down his opponent's defence.
In the ninth round, Alvarez found himself against the ropes but Golovkin just couldn't make any inroads even though he had begun to throw more shots.
The last few rounds were frenetic, Golovkin throwing everything at his Mexican opponent but it was too little, too late as Alvarez held firm.
"It didn't surprise me," Alvarez said. "I know him, he's a strong fighter", adding that he is interested in a rematch with Bivol but first needs to get healthy.
"I need to rest my body," Alvarez said. "I need to rest my hand, my body, but I will come back stronger. It's very important. I will beat him."
Golovkin (42-2), meanwhile, dismissed the idea the defeat could send him into retirement.
"Remember, I'm still champion at 160," said the IBF and WBA middleweight world champion. "I come back guys, I'm still champion."
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
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Recycle Reuse Repurpose
New central waste facility on site at expo Dubai South area to handle estimated 173 tonne of waste generated daily by millions of visitors
Recyclables such as plastic, paper, glass will be collected from bins on the expo site and taken to the new expo Central Waste Facility on site
Organic waste will be processed at the new onsite Central Waste Facility, treated and converted into compost to be re-used to green the expo area
Of 173 tonnes of waste daily, an estimated 39 per cent will be recyclables, 48 per cent organic waste and 13 per cent general waste.
About 147 tonnes will be recycled and converted to new products at another existing facility in Ras Al Khor
Recycling at Ras Al Khor unit:
Plastic items to be converted to plastic bags and recycled
Paper pulp moulded products such as cup carriers, egg trays, seed pots, and food packaging trays
Glass waste into bowls, lights, candle holders, serving trays and coasters
Aim is for 85 per cent of waste from the site to be diverted from landfill
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.”
Look north
BBC business reporters, like a new raft of government officials, are being removed from the national and international hub of London and surely the quality of their work must suffer.
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
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%3Cp%3E%E2%80%A2%20Agreements%20on%20energy%20and%20water%20supply%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Applied%20service%20fees%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customer%20data%20and%20information%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Prohibition%20of%20service%20disconnections%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customer%20complaint%20process%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Management%20of%20debts%20and%20customers%20in%20default%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Services%20provided%20to%20people%20of%20determination%20and%20home%20care%20customers%3C%2Fp%3E%0A
The Breadwinner
Director: Nora Twomey
Starring: Saara Chaudry, Soma Chhaya, Laara Sadiq
Three stars
Killing of Qassem Suleimani
Company%C2%A0profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EPyppl%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEstablished%3A%20%3C%2Fstrong%3E2017%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAntti%20Arponen%20and%20Phil%20Reynolds%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20financial%20services%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20%2418.5%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEmployees%3A%3C%2Fstrong%3E%20150%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%20stage%3A%3C%2Fstrong%3E%20series%20A%2C%20closed%20in%202021%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20venture%20capital%20companies%2C%20international%20funds%2C%20family%20offices%2C%20high-net-worth%20individuals%3C%2Fp%3E%0A