Arfan Haider, in front, on his way to 46 runs against Canada in Abu Dhabi yesterday. Haider top-scored as the hosts won by 42 runs.
Arfan Haider, in front, on his way to 46 runs against Canada in Abu Dhabi yesterday. Haider top-scored as the hosts won by 42 runs.
Arfan Haider, in front, on his way to 46 runs against Canada in Abu Dhabi yesterday. Haider top-scored as the hosts won by 42 runs.
Arfan Haider, in front, on his way to 46 runs against Canada in Abu Dhabi yesterday. Haider top-scored as the hosts won by 42 runs.

UAE hold advantage in Super Four


Paul Radley
  • English
  • Arabic

DUBAI // A telling marker of just how humble the part-time players from the UAE remain, despite their success, could be discerned by the fact it was difficult to tell what they were more excited about on Wednesday night. It was either that they had just conquered a Netherlands side who beat England a few months ago, to go within touching distance of their goal - a place in the World Twenty20 in West Indies - or the fact they had the chance to have a photo taken with Aleem Dar, the elite panel umpire from Pakistan.

The souvenir picture Qasim Zubair had taken with the ICC umpire of the year, with his own man-of-the-match award also prominently on display, has probably already got pride of place on the mantelpiece at Chez Zubair. The young seam bowler took five wickets, including that of Ryan ten Doeschate, the Netherlands all-rounder who is so highly regarded he was a lot on the latest Indian Premier League auction list, for a duck, to seal the UAE's advance to today's Super Four stage.

"This is the best feeling I have had as a UAE cricketer - especially because it is an ICC competition and we have a chance of going to the World Cup," said Zubair. "Performing in this tournament is a dream, because it is a platform for the World Cup." If the host nation beat either of their Super Four opponents, they might as well book their tickets to the Caribbean straight away. They could soon share the same global stage as the likes of Yuvraj Singh, Shahid Afridi and MS Dhoni. Dhoni, the most bankable man in an increasingly commercialised global game, has such a busy schedule he opted to miss India's Test series in Sri Lanka last year.

The pressures of international cricket: perhaps India's captain should try Zubair's workload for size. The bowler, 22, only attends nets once he has completed a day of work in his family's foodstuffs company in Sharjah. Even then, his commitments with the national team have to be fitted around his evening lectures at Heriot Watt University in Dubai, where he is studying part-time for a masters in strategic project management.

"As a cricketer, hopefully this is the start of me cementing my place in the UAE national side," added Zubair, who was thrifty again with the new ball in the 42-run trouncing of Canada yesterday. Some of the players have already been star-struck just playing in this qualifier. "We want this so bad," said Naeemuddin Aslam, whose unbeaten half-century was the bedrock of the decisive win over the Netherlands. "We don't get opportunities like this all the time, to play against big teams and do well at the same time. It is amazing to think, 'Wow, I have just played against Kenya', or 'I've just hit Thomas Odoyo for six', or 'I've just taken Steve Tikolo's catch'.

"Steve Tikolo? He's like the Sachin Tendulkar of Associate cricket. It is one thing to play against these guys and another to succeed against them. It takes you to a totally new high. That is what we are living for right now." The UAE begin their pursuit of an all-important place in Sunday evening's final at the Dubai International Cricket Stadium when they face Ireland this afternoon. They have carried over the points from their win against the Netherlands in the group stage, meaning a triumph over either Afghanistan or the Irish could be enough to take them to the World Twenty20.

The UAE and Afghanistan are the only sides with 100 per cent records left. The two Asian rivals met in the final of the ACC Twenty20 Trophy last year, a tournament Afghanistan eventually won. pradley@thenational.ae

The biog

Job: Fitness entrepreneur, body-builder and trainer

Favourite superhero: Batman

Favourite quote: We must become the change we want to see, by Mahatma Gandhi.

Favourite car: Lamborghini

The stats

Ship name: MSC Bellissima

Ship class: Meraviglia Class

Delivery date: February 27, 2019

Gross tonnage: 171,598 GT

Passenger capacity: 5,686

Crew members: 1,536

Number of cabins: 2,217

Length: 315.3 metres

Maximum speed: 22.7 knots (42kph)

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.”

RESULTS

1.30pm Handicap (PA) Dh 50,000 (Dirt) 1,400m

Winner AF Almomayaz, Hugo Lebouc (jockey), Ali Rashid Al Raihe (trainer)

2pm Handicap (TB) Dh 84,000 (D) 1,400m

Winner Karaginsky, Tadhg O’Shea, Satish Seemar.

2.30pm Maiden (TB) Dh 60,000 (D) 1,200m

Winner Sadeedd, Ryan Curatolo, Nicholas Bachalard.

3pm Conditions (TB) Dh 100,000 (D) 1,950m

Winner Blue Sovereign, Clement Lecoeuvre, Erwan Charpy.

3.30pm Handicap (TB) Dh 76,000 (D) 1,800m

Winner Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.

4pm Maiden (TB) Dh 60,000 (D) 1,600m

Winner Bladesmith, Tadhg O’Shea, Satish Seemar.

4.30pm Handicap (TB) Dh 68,000 (D) 1,000m

Winner Shanaghai City, Fabrice Veron, Rashed Bouresly.

Results:

5pm: Baynunah Conditions (UAE bred) Dh80,000 1,400m.

Winner: Al Tiryaq, Dane O’Neill (jockey), Abdullah Al Hammadi (trainer).

5.30pm: Al Zahra Handicap (rated 0-45) Dh 80,000 1,400m:

Winner: Fahadd, Richard Mullen, Ahmed Al Mehairbi.

6pm: Al Ras Al Akhdar Maiden Dh80,000 1,600m.

Winner: Jaahiz, Jesus Rosales, Eric Lemartinel.

6.30pm: Al Reem Island Handicap Dh90,000 1,600m.

Winner: AF Al Jahed, Antonio Fresu, Ernst Oertel.

7pm: Al Khubairah Handicap (TB) 100,000 2,200m.

Winner: Empoli, Pat Dobbs, Doug Watson.

7.30pm: Wathba Stallions Cup Handicap Dh80,000 2,200m.

Winner: Shivan OA, Patrick Cosgrave, Helal Al Alawi.