Back in the glorious pomp of his playing career, the letters “MVP” meant something entirely different to Bryan Habana.
The flying wing from South Africa knew all about what it meant to be a most valuable player.
He did that often enough. Like in 2007, when he was the most celebrated player in South Africa’s World Cup-winning side, leading to him being named the world player of the year.
His successes made him valuable off the field, too, as he became one of the most bankable players in the sport.
Two years into retirement, though, its meaning has altered somewhat. Now it refers to a “minimum viable product”.
Which is commerce jargon for a product being taken to market that is workable enough to satisfy its early customers, but will likely be developed pending feedback.
Habana, 36, is in the throes of rolling out a new digital platform that will help athletes develop their personal brands.
After a 15-year pro career, which brought him 124 caps and 67 tries for his country, it makes sense he would be au fait with what the athletes require.
But what about the other side of the business? The digital marketing, the MVPs, and all the other jargon? It might be a surprise to know he is pretty comfortable with all that, too.
“Did I know, two years ago, what MVPs, ROIs, and all that stuff is about? Probably a little bit,” Habana, who currently lives in Cape Town, said.
“One of my biggest regrets is that I didn’t complete my degree back in 2001 to 2003. Looking back now, I should have.”
Habana had started an IT degree before switching to focus on rugby. All told, that was probably not the worst decision anyone has ever made.
He says he has “always been a tech geek,” while his business partner in his new project, his former schoolmate Mike Sharman, says Habana was “the absolute academic nerd at school”.
Had rugby not worked out, “I’m pretty sure I’d have been in the digital marketing space anyway,” Habana said.
“I love working with people. I wouldn’t have been sat behind a computer coding necessarily, but the interactivity from a marketing perspective, particularly digitally, would have interested me.”
The timing of their launch for MatchKit.co is telling. The effects of coronavirus are likely to be vast and lasting on sport.
Sharman quotes a figure of $61 billion (Dh221bn) as being the deficit world sport could face in the fall out of the pandemic.
The cuts in rugby are already being felt. Players in the competitions in which Habana used to thrive have seen their wages cut, and many admin staff having lost their jobs entirely.
Some leagues around the world might not be able to sustain professionalism in the new environment.
It could prompt a return to the days when players had to keep other jobs in order to supplement their incomes.
Sharman suggests the new platform, which “consolidates athletes digital presence” could be just the sort of promotion they might require now.
And not just the big stars, it is “for those guys who aren’t as naturally marketable, they can also commercialise and professionalise their brands,” Sharman said.
Habana says players have never had a better chance than now to promote themselves, and says their new product can take the hassle out of doing so even for players outside of the main glare of the limelight.
“We can’t be stuck in the pre social-media age,” Habana said. “Time has evolved. Players need to take hold of their opportunity to empower themselves.
“When we went to the World Cup in 2007, I remember we were trying to see who could get the most Facebook friends requests.
“There is a big difference to how you can now own your online presence. Sixteen or 17 years ago when I started, you just had to toe the line. Podcasts were the furthest thing from anyone’s mind – even in 2011 or 2015.
“For people to make podcasts, and make their own individual presence, has become increasingly important. You get to create longevity, both in your career and post it.”
And Habana believes the ability to get a message out is vital for players, and goes beyond commercial benefits.
“Players do have a voice,” Habana said, in reference to protests in the United States following the death of George Floyd.
“Some have stronger views than others, and some feel more able to voice their opinion on things that are close to their heart.
“I would definitely have voiced my opinion [had he still been playing now], like I have done.
“Sometimes, silence is deafening. As an athlete, you have opportunity to use your platform to voice your opinion, whether it is right or wrong.
“It is sometimes difficult to be in a position of popularity. People tend to lean on you to see what you would do.
“But I would have voiced my opinion, especially given our history in South Africa.
“In 28 years since coming out of apartheid, we have had first-hand experience about that.
“The type of protests we have seen are debilitating for a country, but people are voicing their opinions.
"This is something that has come about over the course of a very long time.”
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Company%20profile
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How it works
A $10 hand-powered LED light and battery bank
Device is operated by hand cranking it at any time during the day or night
The charge is stored inside a battery
The ratio is that for every minute you crank, it provides 10 minutes light on the brightest mode
A full hand wound charge is of 16.5minutes
This gives 1.1 hours of light on high mode or 2.5 hours of light on low mode
When more light is needed, it can be recharged by winding again
The larger version costs between $18-20 and generates more than 15 hours of light with a 45-minute charge
No limit on how many times you can charge
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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.”
Chelsea 2 Burnley 3
Chelsea Morata (69'), Luiz (88')
Burnley Vokes (24', 43'), Ward (39')
Red cards Cahill, Fabregas (Chelsea)
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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Killing of Qassem Suleimani
The specs
Engine: 3.0-litre six-cylinder MHEV
Power: 360bhp
Torque: 500Nm
Transmission: eight-speed automatic
Price: from Dh282,870
On sale: now
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
If you go
Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.
Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com
A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com
EA Sports FC 25
Developer: EA Vancouver, EA Romania
Publisher: EA Sports
Consoles: Nintendo Switch, PlayStation 4&5, Xbox One and Xbox Series X/S
Rating: 3.5/5
Company%C2%A0profile
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Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
The biog
Hobbies: Salsa dancing “It's in my blood” and listening to music in different languages
Favourite place to travel to: “Thailand, as it's gorgeous, food is delicious, their massages are to die for!”
Favourite food: “I'm a vegetarian, so I can't get enough of salad.”
Favourite film: “I love watching documentaries, and am fascinated by nature, animals, human anatomy. I love watching to learn!”
Best spot in the UAE: “I fell in love with Fujairah and anywhere outside the big cities, where I can get some peace and get a break from the busy lifestyle”
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
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AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Company profile
Name: Infinite8
Based: Dubai
Launch year: 2017
Number of employees: 90
Sector: Online gaming industry
Funding: $1.2m from a UAE angel investor