Chris Hoy of Britain is out on his own because he finds fulfillment in competing with himself rather than with his competitors.
Chris Hoy of Britain is out on his own because he finds fulfillment in competing with himself rather than with his competitors.
Chris Hoy of Britain is out on his own because he finds fulfillment in competing with himself rather than with his competitors.
Chris Hoy of Britain is out on his own because he finds fulfillment in competing with himself rather than with his competitors.

Saddled off to another planet


  • English
  • Arabic

The teenaged Nick Faldo was moved to take up golf after happening upon television coverage of the 1971 Masters tournament while idly channel-hopping. Andy Murray queued outside Wimbledon as a six-year-old in the (vain, as it turned out) hope of securing Andre Agassis autograph. As a small lad on the terracing at Goodison, Wayne Rooney idolised Evertons Swedish winger, Anders Limpar. Every hero, it seems, needs a hero.

So which cyclist can claim credit for capturing the youthful imagination of Chris Hoy? "I don't know if it makes it a more romantic tale or not but the cyclist who made the biggest impact on me was ET", reveals Hoy, who was a spellbound laddie of six sitting in the stalls of his local cinema when Steven Spielbergs loveable alien cycled through the skies in 1982. "I loved all the BMX scenes the car chase with Elliot and ET wrapped up in a blanket in the front basket was fantastic so the following weekend I went on and on at my dad until he agreed to take me to the local BMX track at Danderhall. They were all having such terrific fun that I was hooked and it just spiralled from there."

When the time came for Hoy to put away his BMX in 1991 at the age of 14, he had competed across the length and breadth of Europe, become Scotland's No 1, the British No 2, the European No 5 and the world No 9. Even so, it is a giant step from bunny-hops to the top of Olympic podium in Athens where he won his first gold medal in the 1km track time trial four years ago. Having added further golds in the individual and team sprints plus the keirin, Hoy will almost certainly be pronounced "Sir Chris" by the Queen on his return to the UK.

"I suppose my interest in track cycling was sparked when the Commonwealth Games came to Edinburgh in 1986 and I saw the velodrome for the first time on television. I can still remember watching Eddie Alexander win the bronze medal ride-off for Scotland which was really exciting. I didn't experience an epiphany or anything like that; I certainly didn't think to myself '...one day Ill ride on a track like that and win a gold medal' but it did have a certain appeal which is why, I suppose, I eventually swapped my BMX for a racing bike."

We can but imagine the agony Hoy puts himself through in his quest for glory, every training session leaving him "feeling like death" for up to half-an-hour sprawled out on the floor. "I always find it hard to describe just how intense the pain is to someone who's never experienced the feeling. It's like climbing into a bath full of acid, I suppose. You think its never going to end but gradually the searing agony does begin to wear off. You could always slacken off, of course, but you won't win medals of any colour that way. The more it hurts, the faster you go, thats the sprint cyclists' mantra. To me, the great challenge of cycling is not in beating other people but lies in discovering exactly how far I can push myself. As soon as I became Scottish champion, I wanted to be the British champion, then European, then world, then the ultimate the Olympic champion. Every time I achieved an ambition, I put the bar on a higher level."

At 32, he remains one of the fittest men on the planet but how much longer can he continue plunging into that acid bath? "Well, under normal circumstances, this might just have been my last Olympics but how can I cycle off into the sunset when London 2012 beckons?" And what of his liking for a curry washed down with a beer or two? "You've got to have a balance in your lifestyle. Being happy is the most important thing in life whether you're an architect or an athlete. If you're happy when you're in the saddle then it will show up in everything you do. But, yes, although you need to treat yourself occasionally, by the time I arrived in Beijing I hadn't touched alcohol or an Indian takeaway for maybe five months or more. I didn't deny myself something if I really wanted it if I deserved it and if it wasn't going to affect my training but this is the Olympics were talking about and I did everything I possibly could to prepare in the best manner possible. The last thing I wanted was to find myself standing with a silver round my neck and thinking, Maybe if I hadn't gone out that one night, I wouldn't have been second."

There are nine million bicycles in Beijing, thats a fact. And Chris Hoy was aboard the swiftest and that's another fact. @email:sports@thenational.ae

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.”

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
Roll%20of%20Honour%2C%20men%E2%80%99s%20domestic%20rugby%20season
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Gulf Under 19s final

Dubai College A 50-12 Dubai College B

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Company profile

Company name: Suraasa

Started: 2018

Founders: Rishabh Khanna, Ankit Khanna and Sahil Makker

Based: India, UAE and the UK

Industry: EdTech

Initial investment: More than $200,000 in seed funding

The specs: 2018 Jeep Compass

Price, base: Dh100,000 (estimate)

Engine: 2.4L four-cylinder

Transmission: Nine-speed automatic

Power: 184bhp at 6,400rpm

Torque: 237Nm at 3,900rpm

Fuel economy, combined: 9.4L / 100km

THE%20HOLDOVERS
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Napoleon
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While you're here
SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2)
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Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

Scoreline

Saudi Arabia 1-0 Japan

 Saudi Arabia Al Muwallad 63’

Tuesday results:

  • Singapore bt Malaysia by 29 runs
  • UAE bt Oman by 13 runs
  • Hong Kong bt Nepal by 3 wickets

Final:
Thursday, UAE v Hong Kong

Company%20profile
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Match info:

Burnley 0

Manchester United 2
Lukaku (22', 44')

Red card: Marcus Rashford (Man United)

Man of the match: Romelu Lukaku (Manchester United)

The Freedom Artist

By Ben Okri (Head of Zeus)

BABYLON
%3Cp%3EDirector%3A%20Damien%20Chazelle%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Brad%20Pitt%2C%20Margot%20Robbie%2C%20Jean%20Smart%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The biog

DOB: March 13, 1987
Place of birth: Jeddah, Saudi Arabia but lived in Virginia in the US and raised in Lebanon
School: ACS in Lebanon
University: BSA in Graphic Design at the American University of Beirut
MSA in Design Entrepreneurship at the School of Visual Arts in New York City
Nationality: Lebanese
Status: Single
Favourite thing to do: I really enjoy cycling, I was a participant in Cycling for Gaza for the second time this year

'Munich: The Edge of War'

Director: Christian Schwochow

Starring: George MacKay, Jannis Niewohner, Jeremy Irons

Rating: 3/5

Barbie
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