Tyson Fury knocks down Deontay Wilder during their rematch in Las Vegas in February 2020.
Tyson Fury knocks down Deontay Wilder during their rematch in Las Vegas in February 2020.
Tyson Fury celebrates defeating Deontay Wilder to win the WBC World Heavyweight Championship at the Garden Arena in Las Vegas.
Tyson Fury celebrates defeating Deontay Wilder to win the WBC World Heavyweight Championship at the Garden Arena in Las Vegas.
Tyson Fury celebrates with the belts after winning the fight.
Tyson Fury celebrates with the belts after winning the fight.
Tyson Fury knocks down Deontay Wilder in the fifth round.
Tyson Fury knocks down Deontay Wilder in the fifth round.
Tyson Fury knocks down Deontay Wilder.
Tyson Fury knocks down Deontay Wilder.
Tyson Fury celebrates after knocking down Deontay Wilder.
Tyson Fury celebrates after knocking down Deontay Wilder.
Tyson Fury watches Deontay Wilder hit the canvas.
Tyson Fury watches Deontay Wilder hit the canvas.
Tyson Fury knocks down Deontay Wilder.
Tyson Fury knocks down Deontay Wilder.
Tyson Fury in action against Deontay Wilder.
Tyson Fury in action against Deontay Wilder.
Tyson Fury at the end of the first round.
Tyson Fury at the end of the first round.
Tyson Fury and Deontay Wilder in the first round.
Tyson Fury and Deontay Wilder in the first round.
Deontay Wilder enters the ring.
Deontay Wilder enters the ring.
Tyson Fury arrives in the arena.
Tyson Fury arrives in the arena.
Tyson Fury makes his entrance.
Tyson Fury makes his entrance.
Former Heavyweight Champions Mike Tyson, Lennox Lewis and Evander Holyfield.
Former Heavyweight Champions Mike Tyson, Lennox Lewis and Evander Holyfield.
Former heavyweight champions Mike Tyson and Lennox Lewis in the ring.
Former heavyweight champions Mike Tyson and Lennox Lewis in the ring.
Former heavyweight champion Mike Tyson before the fight.
Former heavyweight champion Mike Tyson before the fight.
NFL player Patrick Mahomes attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
NFL player Patrick Mahomes attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
Boxing Hall of Fame member Mike Tyson attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
Boxing Hall of Fame member Mike Tyson attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
Philadelphia Eagles offensive lineman Lane Johnson attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
Philadelphia Eagles offensive lineman Lane Johnson attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
Former NFL player Chad Ochocinco Johnson.
Former NFL player Chad Ochocinco Johnson.
Boxing Hall of Fame member Thomas Hearns attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
Boxing Hall of Fame member Thomas Hearns attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
NBA Hall of Fame member Magic Johnson attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
NBA Hall of Fame member Magic Johnson attends the WBC heavyweight title bout between Deontay Wilder and Tyson Fury at MGM Grand Garden Arena.
Las Vegas Raiders owner Mark Davis and head coach John Gruden.
Las Vegas Raiders owner Mark Davis and head coach John Gruden.

Other Sport

Tyson Fury insists he will fight in December despite doubts surrounding third Deontay Wilder bout

British boxer admits he is frustrated at uncertainty surrounding his 2020 plans, while dismissing rival Joshua as 'third-tier heavyweight'

The National

October 01, 2020

  • English
  • Arabic

Tyson Fury has insisted he will still fight in December despite reports that his projected bout against Deontay Wilder in Las Vegas is to be rescheduled.

Fury is growing frustrated over the uncertainty surrounding his 2020 plans after American promoter Bob Arum said the December 19 date with Wilder was no longer viable.

Fury told talkSPORT: "I'm very ready to fight but the problem is I keep hearing different stories about what's supposed to be happening in my career.

"I'm supposed to be boxing on December 19 in Las Vegas against Deontay Wilder in a trilogy, and I keep hearing different stories every two days about what's going on.

"Recently I read a story that they're trying to bring it forward a week or bring it back a week or whatever, but the one thing I want to announce to the world is I will be fighting in December, whether it's Deontay Wilder in Las Vegas, or if it's Joe Bloggs in England."

Fury hopes a third bout with Wilder, whom he crushed in seven rounds in their second fight in February, will pave the way for a lucrative pair of tussles against Anthony Joshua, who must fit in his own mandatory defence against Kubrat Pulev.

Arum insisted the third meeting with Wilder will still happen at the Allegiant Stadium in Las Vegas, home of the NFL's Las Vegas Raiders, who are scheduled to face the Los Angeles Chargers at the same venue on December 17.

"We're moving off [December 19] because there's five conference championship games that day and night, plus two NFL games," Arum told ESPN. "So, we can't go with the 19th. We're looking at other dates right now."

Fury went on to describe Joshua as a "third-tier heavyweight", maintaining that only himself and Wilder, plus Ukrainian Oleksandr Usyk, who faces Dereck Chisora on October 31, represent the division's true elite.

"I think he's a third-tier heavyweight," said Fury. "I think there's me and Wilder that can easily beat them all. And I do put Usyk up there too because he's a fleet-footed southpaw. But ... all these other heavyweights can beat each other, as we've seen."

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
The Greatest Royal Rumble card as it stands

50-man Royal Rumble - names entered so far include Braun Strowman, Daniel Bryan, Kurt Angle, Big Show, Kane, Chris Jericho, The New Day and Elias

Universal Championship Brock Lesnar (champion) v Roman Reigns in a steel cage match

WWE World Heavyweight Championship AJ Styles (champion) v Shinsuke Nakamura

Intercontinental Championship Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe

United States Championship Jeff Hardy (champion) v Jinder Mahal

SmackDown Tag Team Championship The Bludgeon Brothers (champions) v The Usos

Raw Tag Team Championship (currently vacant) Cesaro and Sheamus v Matt Hardy and Bray Wyatt

Casket match The Undertaker v Chris Jericho

Singles match John Cena v Triple H

Cruiserweight Championship Cedric Alexander v tba

 

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.”

Funk Wav Bounces Vol.1
Calvin Harris
Columbia

While you're here
While you're here
UAE currency: the story behind the money in your pockets
While you're here
Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Visit Abu Dhabi culinary team's top Emirati restaurants in Abu Dhabi

Yadoo’s House Restaurant & Cafe

For the karak and Yoodo's house platter with includes eggs, balaleet, khamir and chebab bread.

Golden Dallah

For the cappuccino, luqaimat and aseeda.

Al Mrzab Restaurant

For the shrimp murabian and Kuwaiti options including Kuwaiti machboos with kebab and spicy sauce.

Al Derwaza

For the fish hubul, regag bread, biryani and special seafood soup. 

On Women's Day
Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

FIXTURES

UAE’s remaining fixtures in World Cup qualification R2
Oct 8: Malaysia (h)
Oct 13: Indonesia (a)
Nov 12: Thailand (h)
Nov 17: Vietnam (h)
 

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Alaan%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Parthi%20Duraisamy%20and%20Karun%20Kurien%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%247%20million%20raised%20in%20total%20%E2%80%94%20%242.5%20million%20in%20a%20seed%20round%20and%20%244.5%20million%20in%20a%20pre-series%20A%20round%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
Explainer: Tanween Design Programme

Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.

The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.

It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.

The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.

Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”

Boxing