Abu Dhabi Harlequins are out of the league competition for now. Delores Johnson / The National
Abu Dhabi Harlequins are out of the league competition for now. Delores Johnson / The National

Timeout for Abu Dhabi Harlequins until rugby league bodies of UAE and world solve governance issue



DUBAI // Abu Dhabi Harlequins, the defending Rugby League Cup champions, will not play again in this year’s competition because of the situation surrounding the game’s governance.

As the sole, government-recognised ruling body for rugby in the country, the UAE Rugby Federation (UAERF) announced on Monday it planned to restart and oversee the domestic league competition.

It was suspended two weeks ago after Sol Mokdad, who had been running it, was detained by police for the “unauthorised representation of the UAE sovereignty” by claiming the title of president of the Rugby League Commission.

The union federation said on Monday it had met with “two UAE-based rugby league club spokespeople”, namely Mike Quinn, the Sharks chairman, and Keleto Dyer, the Al Ain Amblers coach.

Saood Belshalat, the UAERF board member who will oversee a new rugby league committee, announced the final round-robin match between Dubai Sharks and Xodus Wasps will be played on May 29.

Harlequins are waiting on the result of that match to see if they will get the chance to defend their title, in a final against Al Ain Amblers, which has been rescheduled for June 6.

With Mokdad still in custody last night and the Rugby League International Federation disputing the UAERF’s right to govern the game, Harlequins said they would not participate.

“It doesn’t feel right that we keep playing while [Mokdad] is still in jail,” said Andy Cole, the chairman of Harlequins.

“It also doesn’t sit right to do it without the backing of the governing body of the sport [the RLIF]. Without their approval, it seems farcical.

“We will not participate at the moment. We want to let the hierarchies talk it through and decide what they are going to do. We are happy to look at it again once it has been resolved.”

Wasps, who need to beat the Sharks by more than 65 points to beat Harlequins into the final, are set to let their players decide whether to continue playing today.

There are no independent league teams in the UAE. All four teams competing in the Rugby League Cup are offshoots of clubs that are affiliated to the UAERF.

Harlequins are well represented by players with significant pedigrees in the 13-man code.

Ben and Sam Bolger have both played league professionally in their native Britain, while their teammate Iziq Foa’i recently trialled with Warrington Wolves, a Super League club.

The 13-a-side sport’s global rulers stated on their website yesterday that David Collier, the RLIF chief executive, had met with the General Authority of Youth, Sport and Welfare (GAYSW) to discuss the “optimal means for recognition of rugby league in the UAE”.

“Background information not previously in the hands of GAYSW was provided in respect of the sovereignty of World Rugby for the sport of rugby union and the Rugby League International Federation for the sport of rugby league,” the statement read.

Collier was quoted as saying: “We recognise any solution will include the recognition of RLIF as the sovereign international federation for the governance of rugby league and RLIF has committed to working with GAYSW to identify this solution.”

pradley@thenational.ae

Follow us on Twitter at @NatSportUAE

Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

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UAE currency: the story behind the money in your pockets
MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

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Juliet, Naked
Dir: Jesse Peretz
Starring: Chris O'Dowd, Rose Byrne, Ethan Hawke​​​​​​​
​​​​​​​Two stars

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

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The bio

Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district

Was a middle distance state athletics champion in school

Enjoys driving to Fujairah and Ras Al Khaimah with family

His dream is to continue working as a social worker and help people

Has seven diaries in which he has jotted down notes about his work and money he earned

Keeps the diaries in his car to remember his journey in the Emirates

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.”

MATCH INFO

Jersey 147 (20 overs) 

UAE 112 (19.2 overs)

Jersey win by 35 runs

'Moonshot'

Director: Chris Winterbauer

Stars: Lana Condor and Cole Sprouse 

Rating: 3/5

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