• Athletes are seen with pole vaults before competing in their event at the morning session of the Athletics test event at Tokyo's Olympic Stadium. Reuters
    Athletes are seen with pole vaults before competing in their event at the morning session of the Athletics test event at Tokyo's Olympic Stadium. Reuters
  • An athlete is seen wearing a face mask as a preventive measure against the coronavirus disease during the morning session of the Athletics test event. Reuters
    An athlete is seen wearing a face mask as a preventive measure against the coronavirus disease during the morning session of the Athletics test event. Reuters
  • Japan's Kazuto IIzawa (11) competes with other runners during the men's 1500m final at the morning session of the athletics test event. Reuters
    Japan's Kazuto IIzawa (11) competes with other runners during the men's 1500m final at the morning session of the athletics test event. Reuters
  • Japan's Ayumi Kaneko, Sae Miyazono, Haruna Oota, Riko Sonomiya and Midori Mikase compete in the women's 100m round 1 heat during the morning session of the athletics test event. Reuters
    Japan's Ayumi Kaneko, Sae Miyazono, Haruna Oota, Riko Sonomiya and Midori Mikase compete in the women's 100m round 1 heat during the morning session of the athletics test event. Reuters
  • A message regarding safe distancing measures amid the coronavirus pandemic is shown on a screen at the Olympic Stadium before the start of the morning session of the athletics test event. Reuters
    A message regarding safe distancing measures amid the coronavirus pandemic is shown on a screen at the Olympic Stadium before the start of the morning session of the athletics test event. Reuters
  • Medical officers wearing protective suits are seen at the morning session of the athletics test event. Reuters
    Medical officers wearing protective suits are seen at the morning session of the athletics test event. Reuters
  • Officials wearing protective face masks prepare for an event at the morning session of the athletics test event. Reuters
    Officials wearing protective face masks prepare for an event at the morning session of the athletics test event. Reuters
  • Officials wearing protective face masks are seen in the women's pole vault final at the morning session of the athletics test event. Reuters
    Officials wearing protective face masks are seen in the women's pole vault final at the morning session of the athletics test event. Reuters
  • The Tokyo 2020 athletics pictogram is seen on an electronic display during the morning session of the athletics test event. Reuters
    The Tokyo 2020 athletics pictogram is seen on an electronic display during the morning session of the athletics test event. Reuters
  • Japan's Daichi Setoguchi runs ahead of others during the men's 800m final at the morning session of the athletics test event. Reuters
    Japan's Daichi Setoguchi runs ahead of others during the men's 800m final at the morning session of the athletics test event. Reuters
  • Officials wear face masks and shields during the morning session of the athletics test event. Reuters
    Officials wear face masks and shields during the morning session of the athletics test event. Reuters
  • Officials are seen wearing masks during the morning session of the athletics test event. Reuters
    Officials are seen wearing masks during the morning session of the athletics test event. Reuters
  • An athlete competes in the men's hammer throw event during the morning session of the athletics test event. Reuters
    An athlete competes in the men's hammer throw event during the morning session of the athletics test event. Reuters
  • A remote controlled miniature car, developed by Toyota Motor for use in track and field throwing events, is seen during the men's hammer throw event at the morning session of the athletics test event. Reuters
    A remote controlled miniature car, developed by Toyota Motor for use in track and field throwing events, is seen during the men's hammer throw event at the morning session of the athletics test event. Reuters
  • Athletes hold pole vaults at the morning session of the Athletics test event. Reuters
    Athletes hold pole vaults at the morning session of the Athletics test event. Reuters
  • Officials check on starting blocks before the start of the morning session of the athletics test event. Reuters
    Officials check on starting blocks before the start of the morning session of the athletics test event. Reuters

Tokyo's Olympic Stadium hosts track and field test event - in pictures


  • English
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Hundreds of athletes, including US sprinter Justin Gatlin, participated in a test event at the Olympic Stadium on Sunday, as organisers fine-tuned operations and practiced Covid-19 countermeasures with under three months to go before the Tokyo Games begin.

No spectators were present in the stadium, where the Olympics opening and closing ceremonies will be held, as Tokyo remains under a state of emergency to tame a rise in coronavirus infections.

Sunday's event, involving 420 athletes, including nine from abroad, was split into morning and evening sessions with Gatlin on the start list for the 100-metre in the evening.

Despite the state of emergency, organisers have operated more than 11 test events since last month with no reported coronavirus cases resulting.

Four of those of events – volleyball, diving, marathon and Sunday's athletics

– included athletes from abroad.

Opinion surveys have shown that most Japanese oppose holding the Games this summer due to worries about the pandemic. Athletes, however, want the Games to go forward.

"People are really worried about people coming from overseas as coronavirus variants are spreading, but as an athlete I want the Olympics to be held with people from various countries running," said Suzuha Kobari, after participating in the women's 100-metre in the morning session.

Japanese rhythmic gymnast Nanami Takenaka said at a separate test event the previous day she understood there were opposing views, but that gave her team an extra reason to bring cheer through their performances.

"We'll focus on the things that we can do and when the Olympics are held we want to give our best performance so that people can smile and feel glad they took place," she said.

Sunday's morning session also included the men's shot put, the women's triple jump and the women's 200 metre.

The evening session is to include several events including finals for the pole vault, high jump, javelin throw and the men's 100 metre.

Test series fixtures

(All matches start at 2pm UAE)

1st Test Lord's, London from Thursday to Monday

2nd Test Nottingham from July 14-18

3rd Test The Oval, London from July 27-31

4th Test Manchester from August 4-8

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.”

What She Ate: Six Remarkable Women & the Food That Tells Their Stories
Laura Shapiro
Fourth Estate

Schedule:

Friday, January 12: Six fourball matches
Saturday, January 13: Six foursome (alternate shot) matches
Sunday, January 14: 12 singles

The specs: 2018 Honda City

Price, base: From Dh57,000
Engine: 1.5L, in-line four-cylinder
Transmission: Continuously variable transmission
Power: 118hp @ 6,600rpm
Torque: 146Nm @ 4,600rpm
Fuel economy, combined: 5.8L / 100km

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

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Skoda Superb Specs

Engine: 2-litre TSI petrol

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Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

Lampedusa: Gateway to Europe
Pietro Bartolo and Lidia Tilotta
Quercus

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

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Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

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