Eric Lemartinel, who saddled Mizzna to victory in the Dubai World Cup's Kahayla Classic, above, is hopeful of another big season on the UAE tracks.
Eric Lemartinel, who saddled Mizzna to victory in the Dubai World Cup's Kahayla Classic, above, is hopeful of another big season on the UAE tracks.
Eric Lemartinel, who saddled Mizzna to victory in the Dubai World Cup's Kahayla Classic, above, is hopeful of another big season on the UAE tracks.
Eric Lemartinel, who saddled Mizzna to victory in the Dubai World Cup's Kahayla Classic, above, is hopeful of another big season on the UAE tracks.

The final curtain


Amith Passela
  • English
  • Arabic

DUBAI // Nad Al Sheba, the headquarters for thoroughbred racing in the Emirates since from its formative years, begins its final journey tonight with a six-race card before making way to the Dh4.6 billion Meydan complex next season. The first of the 46-race meetings across the three courses in the country kicks off with a novice race for Purebred Arabians in which the Abu Dhabi-based trainer Eric Lemartinel's Murawih looks the pick. The five-year-old son of sire D'Albret finished behind Pamela Du Clos almost a year ago and the Frenchman is confident of reversing the placing in the rematch.

"Murawih has improved over the summer and should be able to pick up a race of this kind," said Lemartinel, who saddled 15 winners including the Dubai World Cup's Arabian showpiece - the Kahayla Classic - with Mizzna, in his first full season last year. The thoroughbred races are the more competitive on the card and Dhruba Selvaratnam has an excellent chance of picking up an early double with Mannjal and Al Rajih.

The two-times champion trainer quietly fancies the gelded son of Storm Cat in the handicap rated 75-95 run over 1,500 metres and expects a good showing from Al Rajih in the third race. Mannjal has won three of his last four starts and the trainer believes he is the best of his entries in tonight's card. Selvaratnam said: "He has been working well and I expect him to run well. "The one concern is that all his wins have come on faster ground at Jebel Ali."

Al Rajih has a similar task and the trainer added: "He is a smooth moving horse and again we have to see how he handles the track. They have both fared well towards the end of last season and should be right up there for the prize." Selvaratnam's other entries are Chun Tosaigh (2nd race) and Ebn Reem (4th), and they have both arrived from the UK after injuries. The trainer was more hopeful than confident of the pair.

He added: "They have been off the track for more than 18 months. I would be very pleased to see them run well in their first outings." Selvaratnam has booked the UAE's leading apprentice Ahmad Ajtebi for all his first choice horses and expects the UK's leading apprentice William Buick to join him from next week. Ali Rashid al Raihe's Impenetrable looks hard to beat after a debut fifth behind Kept Faith at Jebel Ali. The former Godolphin inmate will be fancied to getthe better of Chun Tosaigh and Satish Seemar's newcomer Blues Ballad. In the next race Al Rajih gets the vote over champion trainer Doug Watson's Tri Another Cat and Africanus trained by Musabah al Muhairi.

Power Politics can see off Ebn Reem, Lord Ego and Montpellier in the fourth race and Mannjal will have most to fear from Muzdaher and Always Emirates. apassela@thenational.ae

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

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BIRD%20BOX%20BARCELONA
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Indoor Cricket World Cup

Venue Insportz, Dubai, September 16-23

UAE squad Saqib Nazir (captain), Aaqib Malik, Fahad Al Hashmi, Isuru Umesh, Nadir Hussain, Sachin Talwar, Nashwan Nasir, Prashath Kumara, Ramveer Rai, Sameer Nayyak, Umar Shah, Vikrant Shetty

Poland Statement
All people fleeing from Ukraine before the armed conflict are allowed to enter Poland. Our country shelters every person whose life is in danger - regardless of their nationality.

The dominant group of refugees in Poland are citizens of Ukraine, but among the people checked by the Border Guard are also citizens of the USA, Nigeria, India, Georgia and other countries.

All persons admitted to Poland are verified by the Border Guard. In relation to those who are in doubt, e.g. do not have documents, Border Guard officers apply appropriate checking procedures.

No person who has received refuge in Poland will be sent back to a country torn by war.

The%20specs
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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.”

The biog

Hobby: Playing piano and drawing patterns

Best book: Awaken the Giant Within by Tony Robbins

Food of choice: Sushi  

Favourite colour: Orange

Tips to stay safe during hot weather
  • Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
  • Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
  • Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
  • Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
  • Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
  • Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
  • Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
The%20Sandman
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Scores in brief:

Day 1

New Zealand (1st innings) 153 all out (66.3 overs) - Williamson 63, Nicholls 28, Yasir 3-54, Haris 2-11, Abbas 2-13, Hasan 2-38

Pakistan (1st innings) 59-2 (23 overs)

SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

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