DAEGU, South Korea // With a shiny silver medal hanging around her neck, Caster Semenya is already looking forward to another meeting with Nelson Mandela.
The South African runner, who won the 800 metres at the 2009 World Championships in Berlin, finished second Sunday after sitting out nearly an entire year as she was engulfed in a gender controversy.
"I was doing this for him," Semenya said of the first freely elected South African president.
"He is a very good man and gave me good advice.
"He said 'Just toughen up and face the world'. I have to go visit him again, now. When I get back home, I will go straight to him."
The 20-year-old South African sat back in the pack for the first lap but then moved into the lead with about 200 metres to go.
After she made the turn into the home straight, however, Mariya Savinova of Russia took over.
Savinova ended up winning the race, and the gold medal, in 1min, 55.87secs.
Semenya crossed in 1:56.35 and Janeth Jepkosgei, the 2007 world champion of Kenya, finished third in 1:57.42.l.
"I achieved what I wanted, which was to get back to the podium," Semenya said.
Rule not discussed: Diack
The IAAF has no plans to change its stringent false start rule for next year's London Olympics, despite the disqualification of Usain Bolt in the 100 metres at the World Championships.
Lamine Diack, the IAAF president, said no one at Sunday's council meeting asked for the rule to be reconsidered and said it will still be there next year.
After Bolt's disqualification last Sunday, critics called the zero-tolerance false start regulation of "one error and you are out" cruel and counterproductive since it eliminated the sport's only superstar from its showpiece event.
"We will not come back to the issue of the false start," Diack said. Bolt himself said it was a lesson for him and did not demand a change, a point Diack gladly pointed out.
Bolt blamed an anxiety attack.
"I'm not going to say it should be changed," Bolt said after winning the 200m on Saturday. "It has taught me a lesson - focus and stay in the blocks. My coach has been telling me this for months. The guy with the gun gives the command, and we should listen and not anticipate the gun and I've learnt from that and wish to move on from that."
Taylor springs surprise
Christian Taylor of the United States shocked Phillips Idowu, the defending champion, to win the men's triple jump title in a thrilling competition.
The 21 year old cleared a best of 17.96 metres with his fourth attempt.
Idowu, of Britain, took silver (17.77m), with another American, Will Claye, claiming bronze (17.50m). The 32-year-old Briton, his face littered in piercings, had managed a leap of 17.56m on his first effort and bettered that to 17.70m and then his final 17.77m on his third and fourth attempts.
Taylor took the lead when his fourth hop, skip and jump took him out to just shy of the 18-metre barrier, beyond which only three men have jumped.
"This has been such a journey," said Taylor. "I'm happy with the results. I had a lot of fun. I'm a competitor and I turned on the switch in the fourth round, and I knew it when I jumped. I knew I had to get to where I am."
Kenya earn a one-two
Abel Kirui, the defending champion, won the men's marathon, leading Kenya to a one-two finish.
Kirui, who set a championship record two years ago in Berlin, won the race in 2hrs, 7mins, 38secs to claim Kenya's seventh gold medal.
Kenyan teammate Vincent Kipruto came in second, finishing in 2:10:06. Feyisa Lilesa of Ethiopia took third in 2:10:32.
"This is history," Kirui said. "It is also good [for] the country. It is good for my family. It is great."
The one-two finish follows Kenya's sweep of the women's marathon and 10,000m on the opening day. They also took gold and silver in the men's 1,500m.
Jeter leads US to gold
The United States won the women's 4x100m relay, with 100m gold medallist Carmelita Jeter holding off Jamaica's Veronica Campbell-Brown, who was closing fast, on the final leg to finish in 41.56 seconds.
Jamaica were second in 41.70 and Ukraine took bronze in 42.51.
Lysenko a champion
Tatyana Lysenko of Russia won the women's hammer with a throw of 77.13 metres.
Betty Heidler of Germany, the 2007 champion, won her second successive silver medal with a toss of 76.06m, and Zhang Wenxiu of China took bronze with 75.03m.
Yipsi Moreno, the two-time world champion of Cuba, was fourth with a throw of 74.48m.
Anita Wlodarczyk, the defending champion of Poland, finished fifth with a throw of 73.56m.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Kill%20
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Emirates Cricket Board Women’s T10
ECB Hawks v ECB Falcons
Monday, April 6, 7.30pm, Sharjah Cricket Stadium
The match will be broadcast live on the My Sports Eye Facebook page
Hawks
Coach: Chaitrali Kalgutkar
Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish
Falcons
Coach: Najeeb Amar
Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
FULL%20RESULTS
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COMPANY%20PROFILE
%3Cp%3ECompany%20name%3A%20CarbonSifr%3Cbr%3EStarted%3A%202022%3Cbr%3EBased%3A%20Dubai%3Cbr%3EFounders%3A%20Onur%20Elgun%2C%20Mustafa%20Bosca%20and%20Muhammed%20Yildirim%3Cbr%3ESector%3A%20Climate%20tech%3Cbr%3EInvestment%20stage%3A%20%241%20million%20raised%20in%20seed%20funding%3Cbr%3E%3C%2Fp%3E%0A
At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
More from Neighbourhood Watch
Company profile
Date started: January, 2014
Founders: Mike Dawson, Varuna Singh, and Benita Rowe
Based: Dubai
Sector: Education technology
Size: Five employees
Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.
Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)
KILLING OF QASSEM SULEIMANI
Henrik Stenson's finishes at Abu Dhabi HSBC Championship:
2006 - 2
2007 - 8
2008 - 2
2009 - MC
2010 - 21
2011 - 42
2012 - MC
2013 - 23
2014 - MC
2015 - MC
2016 - 3
2017 - 8
The low down
Producers: Uniglobe Entertainment & Vision Films
Director: Namrata Singh Gujral
Cast: Rajkummar Rao, Nargis Fakhri, Bo Derek, Candy Clark
Rating: 2/5
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.”
GRAN%20TURISMO
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Test
Director: S Sashikanth
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
Star rating: 2/5
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
AL%20BOOM
%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BDirector%3AAssad%20Al%20Waslati%26nbsp%3B%3C%2Fp%3E%0A%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%0DStarring%3A%20Omar%20Al%20Mulla%2C%20Badr%20Hakami%20and%20Rehab%20Al%20Attar%0D%3Cbr%3E%0D%3Cbr%3EStreaming%20on%3A%20ADtv%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%203.5%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
Another way to earn air miles
In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.
An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.
“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.