England's James Vince earlier set up a strong total against Pakistan at the Dubai International Cricket Stadium on November 27, 2015. Ineke Zondag / AFP
England's James Vince earlier set up a strong total against Pakistan at the Dubai International Cricket Stadium on November 27, 2015. Ineke Zondag / AFP
England's James Vince earlier set up a strong total against Pakistan at the Dubai International Cricket Stadium on November 27, 2015. Ineke Zondag / AFP
England's James Vince earlier set up a strong total against Pakistan at the Dubai International Cricket Stadium on November 27, 2015. Ineke Zondag / AFP

Shahid Afridi delights Dubai crowd but England beat Pakistan to T20 series


Paul Radley
  • English
  • Arabic

DUBAI // Adil Rashid has run the full spectrum of a leg-spinner’s lot on this tour of the UAE. He started it with record-breaking worst figures in the opening Test in Abu Dhabi last month.

He enjoyed some timely redemption last night, though, as his bewitching spell spun the second Twenty20 international the way of England.

His four overs in the middle of the Pakistan innings – headlined by a perfect googly to dismiss Sohaib Maqsood – set the tourists on course for a series-clinching three-run win.

A day earlier, he had suffered a match club cricketers back in England term a "TFC". Did not bat, did not bowl, but "thanks for coming" and making up the numbers, anyway.

Given the fact he had contributed nothing to the opening 14-run win, it was perhaps a surprise he even kept his place, as England made four changes to their starting XI.

But Jos Buttler, who was captaining England for the first time with Eoin Morgan rested, trusted his leg-spinner, and that faith was repaid. Two wickets for 18 may not look especially flash, but it was decisive in this match.

It was a night for leg-spinners. Shahid Afridi may have ended on the losing side, but at least he had provided his legion of supporters something to cheer on a weekend of otherwise lean pickings.

Afridi is into his 20th year of international cricket now, and remains the major attraction at most matches in the UAE.

The majority of the 25,000 crowd – or aggregate of 50,000 over the two nights – were here to see him play.

On Thursday night, traffic problems meant the ground took at least 10 overs of the first innings to be full. It emptied far quicker, starting when Afridi was out for a first-ball duck.

After the first-night aberration, he was worth the admission fee second time around, for his bowling exploits first of all. Afridi’s return of three for 15 from his four overs was the difference between England making an insurmountable total and a gettable one.

Their eventual tally of 172 for eight was 12 more than they managed in winning the first match of the series, yet still seemed like it could have been within Pakistan’s compass. James Vince was the top scorer for England, adding 38 to the 41 he had made on debut 24 hours earlier.

After Rashid’s intervention, Pakistan were well behind in the victory pursuit, but Afridi breathed life into their chase with a defiant cameo worth 24 from eight balls.​

Chris Woakes, bowling the final over, held his nerve at the last, though, as Anwar Ali and Sohail Tanvir fell just short of dragging their side over the winning line.

pradley@thenational.ae

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The bio

Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.

Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.

Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.

Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.

MATCH INFO

Who: UAE v USA
What: first T20 international
When: Friday, 2pm
Where: ICC Academy in Dubai

UAE currency: the story behind the money in your pockets
UAE%20v%20West%20Indies
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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.”

UAE currency: the story behind the money in your pockets
THE%20SPECS
%3Cp%3EEngine%3A%203-litre%20V6%20turbo%20(standard%20model%2C%20E-hybrid)%3B%204-litre%20V8%20biturbo%20(S)%0D%3Cbr%3EPower%3A%20350hp%20(standard)%3B%20463hp%20(E-hybrid)%3B%20467hp%20(S)%0D%3Cbr%3ETorque%3A%20500Nm%20(standard)%3B%20650Nm%20(E-hybrid)%3B%20600Nm%20(S)%0D%0D%3Cbr%3EPrice%3A%20From%20Dh368%2C500%0D%3Cbr%3EOn%20sale%3A%20Now%3C%2Fp%3E%0A
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Simran

Director Hansal Mehta

Stars: Kangana Ranaut, Soham Shah, Esha Tiwari Pandey

Three stars