Shooter's sights on other targets at Paralympics


Amith Passela
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Abdullah Sultan Al Aryani, one of the UAE's main medal hopes at these London Paralympic Games, could only finish seventh in the men's R1-10m air rifle competition yesterday.

It was a disappointing day for the Emirati shooters as fellow marksman Obaid Al Dahmani failed to progress from the qualifying round in the same event earlier in the day.

Dong Chao of China won gold with Jonas Jakobsson of Sweden and Josef Neumaier of Germany taking the silver and bronze respectively.

However, Al Aryani, refused to be down despite finishing outside the medals, and said he will now focus on challenging for honours in the mixed R3-10m rifle today.

"I think I did pretty well to reach the final eight and can take a lot of positives from this opening contest to the next one," Al Aryani, who will also compete in the mixed R6-50m rifle on Tuesday and the mixed R7-50m rifle 3 positions on the following day alongside Al Dahmani, said.

"There are three more events for me to compete in but I am taking one of them at a time. So my focus is now on the next competition and I am very hopeful to get to the medal round."

Al Aryani has won eight gold and three silver medals in various competitions since he returned to compete as a disabled athlete in 2006. He was a member of the UAE team until he was confined to a wheelchair after a car crash in 2001.

Mohammed Fadhel Al Hameli, head of the UAE Paralympic Games Committee, emphasised that winning medals was not the 15-strong UAE team's sole objective in London.

"We have sent the biggest contingent ever to London and the whole idea is to provide as many disabled athletes with the opportunity to participate," he said.

"We have provided them with everything they require to be competitive and I believe they have undergone hard work and prepared well. And if they are good enough at this level to win, so be it. If they don't reach the medal rounds, it is not an issue."

Arguably the country's best hope of returning home with a medal on the men's side rest with Mohammed Khamis Khalaf, the powerlifter who is in action in the men's 90kg contest on Tuesday.

Khalaf, 43, won gold in the 2004 Paralympics in Athens and took silver at the 2008 Games in Beijing.

Meanwhile, Emirati women Sakina Al Balooshi and Mariam Matroushi make their debuts in the Paralympics today when they compete in the club throw F31/32/51 and the javelin throw F46 respectively.

Al Balooshi has considerable international experience having won four golds, five silvers and two bronze in Europe and when the UAE hosted the International Wheelchair and Amputee Sports (IWAS) World Games in Sharjah earlier this year.

Matroushi won two events in the lead-up to the London Paralympics. She won the Fazza International in Dubai and the Czech Open.

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ONCE UPON A TIME IN GAZA

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Directors: Tarzan and Arab Nasser

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Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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Family: I am happily married to my wife Liz and we have two children together.

Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.

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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.”

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Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

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Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

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Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

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