ABU DHABI // The UAE's victory over Kazakhstan on Friday night provided a landmark moment for rugby in the Emirates — and it could eventually prove far more significant to the story of the sport in this country.
The Asian Five Nations match was the UAE's first win at Test level and, following their draw in Sri Lanka, the nascent national team remain undefeated in the two matches since they replaced the now-defunct Arabian Gulf in international competition.
As they sought to close out the eventual 24-10 success, two Emirati players, Cyrus Homayoun and Ali Mohammed, were sent on to bolster the UAE's victory push.
When it was achieved moments later, the win was celebrated with gusto not solely by the 22 players who had earned it, but also the UAE nationals who had come to support. It was an unusual sight on a rugby field.
In the past, the only time any significant number of khandouras have been spotted at rugby matches has been on fancy-dress day at the Dubai Rugby Sevens.
On Friday night, there were a number of Emiratis sporting national dress in the small VIP stand. Not only did they have an avid interest in the game, but most have an active role.
Saood Belshalat, a UAE Rugby Association (UAE RA) board member who is now permanently involved with the full national team, has had a longer constant involvement with the game than any other Emirati.
He was the team manager of the Dubai Falcons, the first Emirati side to compete at the Dubai Sevens, in 2005, and was granted a place on the board of the new association as soon as it was set up.
The win over Kazakhstan meant just as much to him as it did to the bloodied players who came off the pitch.
He said: "To have a draw and a win so far, how good can that be as a start for the UAE? It is a very good, unexpected start. We are on fire. I never thought coach Bruce [Birtwistle] would put Cyrus and Ali on the field, but it was something amazing to see them play their first international game."
The board are so keen to project Emiratis as the new face of the game here that they sent Homayoun, rather than captain Mike Cox-Hill, to Hong Kong for the official Asian Five Nations competition launch and photo session.Buoyed by their success on the field, the UAE RA also hope to roll out their new buddy scheme between Emirati schools and established club sides shortly.
"We want to raise the numbers and the standards in the local population," said Ian Bremner, the UAE RA chief executive.
pradley@thenational.ae
Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
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On racial profiling at airports
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SPECS
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Young women have more “financial grit”, but fall behind on investing
In an October survey of young adults aged 16 to 25, Charles Schwab found young women are more driven to reach financial independence than young men (67 per cent versus. 58 per cent). They are more likely to take on extra work to make ends meet and see more value than men in creating a plan to achieve their financial goals. Yet, despite all these good ‘first’ measures, they are investing and saving less than young men – falling early into the financial gender gap.
While the women surveyed report spending 36 per cent less than men, they have far less savings than men ($1,267 versus $2,000) – a nearly 60 per cent difference.
In addition, twice as many young men as women say they would invest spare cash, and almost twice as many young men as women report having investment accounts (though most young adults do not invest at all).
“Despite their good intentions, young women start to fall behind their male counterparts in savings and investing early on in life,” said Carrie Schwab-Pomerantz, senior vice president, Charles Schwab. “They start off showing a strong financial planning mindset, but there is still room for further education when it comes to managing their day-to-day finances.”
Ms Schwab-Pomerantz says parents should be conveying the same messages to boys and girls about money, but should tailor those conversations based on the individual and gender.
"Our study shows that while boys are spending more than girls, they also are saving more. Have open and honest conversations with your daughters about the wage and savings gap," she said. "Teach kids about the importance of investing – especially girls, who as we see in this study, aren’t investing as much. Part of being financially prepared is learning to make the most of your money, and that means investing early and consistently."
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FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.
What is Bitcoin?
Bitcoin is the most popular virtual currency in the world. It was created in 2009 as a new way of paying for things that would not be subject to central banks that are capable of devaluing currency. A Bitcoin itself is essentially a line of computer code. It's signed digitally when it goes from one owner to another. There are sustainability concerns around the cryptocurrency, which stem from the process of "mining" that is central to its existence.
The "miners" use computers to make complex calculations that verify transactions in Bitcoin. This uses a tremendous amount of energy via computers and server farms all over the world, which has given rise to concerns about the amount of fossil fuel-dependent electricity used to power the computers.
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Match info
Huddersfield Town 0
Chelsea 3
Kante (34'), Jorginho (45' pen), Pedro (80')
BUNDESLIGA FIXTURES
Friday Stuttgart v Cologne (Kick-off 10.30pm UAE)
Saturday RB Leipzig v Hertha Berlin (5.30pm)
Mainz v Borussia Monchengladbach (5.30pm)
Bayern Munich v Eintracht Frankfurt (5.30pm)
Union Berlin v SC Freiburg (5.30pm)
Borussia Dortmund v Schalke (5.30pm)
Sunday Wolfsburg v Arminia (6.30pm)
Werder Bremen v Hoffenheim (9pm)
Bayer Leverkusen v Augsburg (11.30pm)
Not Dark Yet
Shelby Lynne and Allison Moorer
Four stars
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
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BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.