Jenny Matheson, centre, of Dubai Hurricanes congratulates teammates after their match against Brazil on Sunday at Dubai Sports City ahead of Dubai Rugby Sevens. Pawan Singh / The National / November 30, 2014
Jenny Matheson, centre, of Dubai Hurricanes congratulates teammates after their match against Brazil on Sunday at Dubai Sports City ahead of Dubai Rugby Sevens. Pawan Singh / The National / November 3Show more

Dubai Hurricanes women’s team choose international challenge for Dubai Sevens



DUBAI // Dubai Hurricanes have opted to represent the country in international competition this weekend, even though it inhibits their chances of winning a long overdue Gulf Women’s trophy at the Sevens.

Despite the fact the women's national team became the first UAE side to win a trophy match last year, there will be no representative side competing this weekend.

Instead, Hurricanes, who currently lead the regular domestic league with a points differential of plus-501, have chosen to play in the International Open Women event.

Their second string will play in the Gulf Women’s tournament, meaning their chances of avenging three years worth of semi-final defeats by perennial Sevens champions Abu Dhabi Harlequins are limited.

However, Jenny Matheson, the team captain and Gulf Women’s League organiser, says the chance to test themselves in international competition was too good to miss.

“It was a big decision to make, and our chairman was really wanting to go and win the Sevens,” Matheson said.

“As a club, we are winning the Gulf League by quite a large margin and we have for the past three years.

“There are plenty of close games, but the league standings show we are ahead of everybody at the moment, so this gives us an opportunity to play at the next level.”

The International Open is the third-tier of competition – below the world series and International Invitational tournaments. As such, competition will be tough.

“Personally I think it is important to have 24 girls playing with a Hurricanes shirt on, plus the teams are sponsored by businesses so it also provides chance for exposure,” Matheson said.

Despite the absence of Hurricanes, Kevin Ashdown, the Abu Dhabi coach, insists retaining their Gulf title is far from a foregone conclusion.

“The Hurricanes may be out but there are a couple of other very good teams in the competition, in Xodus Wasps and Heartbeat Tigers,” Ashdown said.

“I think it will be a very tight competition. Success or not, it is just awesome to be there with so much rugby going on everywhere. It is the pinnacle of the year.”

Women’s regional rugby is thriving at present. In the domestic league season, 13 teams play across three divisions, with five clubs now able to field second teams.

And for the first time the Gulf Under 18s girls competition at the Sevens will be officially recognised and played on a full pitch this weekend.

“Playing on such a big stage, and in front of thousands of people, will help the girls develop their game and understand the demands of top-level rugby,” said Jill Conlon, the director of the invitational tournaments.

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Transplants from the deceased have been carried out in hospitals across the globe for decades, but in some countries in the Middle East, including the UAE, the practise was banned until relatively recently.

Opinion has been divided as to whether organ donations from a deceased person is permissible in Islam.

The body is viewed as sacred, during and after death, thus prohibiting cremation and tattoos.

One school of thought viewed the removal of organs after death as equally impermissible.

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World ranking: 15 (will rise to 5 on Monday)

Date of birth: October 8, 1993

Place of birth: Caracas, Venezuela

Place of residence: Geneva, Switzerland

Height: 6ft (1.82m)

Career singles titles: 4

Grand Slam titles: 2 (French Open 2016, Wimbledon 2017)

Career prize money: $13,928,719

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Plan to boost public schools

A major shake-up of government-run schools was rolled out across the country in 2017. Known as the Emirati School Model, it placed more emphasis on maths and science while also adding practical skills to the curriculum.

It was accompanied by the promise of a Dh5 billion investment, over six years, to pay for state-of-the-art infrastructure improvements.

Aspects of the school model will be extended to international private schools, the education minister has previously suggested.

Recent developments have also included the introduction of moral education - which public and private schools both must teach - along with reform of the exams system and tougher teacher licensing requirements.

UAE currency: the story behind the money in your pockets

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.”

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Steps: 3.78 million

Calories: 220,000

Floors climbed: 2,000

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Blisters: 15

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