UAE will not 'buy' medals


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The UAE will never give citizenship to foreign "hired" hands in order to "buy" an Olympic medal, Ibrahim Abdul Malik, the general secretary of the National Olympic Committee (NOC), has insisted. Bahrain won their very first Olympic gold medal last week when the Morocco-born Rashid Ramzi, who was given Bahraini citizenship in 2002, won the 1500m. But despite Ramzi's historic victory the UAE have no intention of following suit and "hiring athletes", even though they have not come close to a single medal in Beijing during the last fortnight. "We don't believe in hiring athletes just to get good results," said Malik, who is also general secretary of the General Authority of Youth and Sports Welfare. "We believe that when the flag of our country is raised at any competition, the one who is responsible for it should feel the meaning of this flag. The great moment is when we are feeling it - the tears, the emotions. They will never have that sense of belonging to this land. "We are not interested in just a medal. We want results that will make this nation proud. This is something you cannot buy. "When you hire someone, he will never have these feelings. He will have no feelings when he is listening to your national anthem. There are no emotions for him, absolutely no feelings. He is just doing a job he has been hired to do, he is just doing his job to make money." Ahmad al Kamali, the president of the Athletics Federation, agreed with Malik. "You should be able to create your own champions," he said. "You cannot give citizenship to someone just for the sake of a medal. You should work from the grassroots and create champions. You have to pick young talents, nurture them, train them, spend money on them and turn them into champions. "If you are just bringing good athletes from outside and giving them citizenship, you are not doing justice to the talents in your own country." The issue is a big concern for the International Olympic Committee, (IOC), and their president Jacques Rogge said: "What is bad are countries or organisations wanting to buy athletes just for the money." Malik understood what Rogge meant and said: "At the 2004 Athens Olympics I was speaking to an official from one of these countries who are hiring athletes. I asked him why he is not going to watch his athlete, who was competing at that moment. He said, 'no, he is not from my country'. I said, 'but he is carrying your flag'. He replied, 'it doesn't mean anything to him'. "So if you have this feeling, than why do you want to hire athletes? We are not going to do that. We don't want people to say 'OK, these people bought a medal, they did not work for it. They do not own it. They do not deserve to have this medal'. "If the medal is not coming from one of your own, there is no pride involved. We are working hard with our own nationals and trying to get results."

@email:arizvi@thenational.ae

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Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

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THREE POSSIBLE REPLACEMENTS

Khalfan Mubarak
The Al Jazira playmaker has for some time been tipped for stardom within UAE football, with Quique Sanchez Flores, his former manager at Al Ahli, once labelling him a “genius”. He was only 17. Now 23, Mubarak has developed into a crafty supplier of chances, evidenced by his seven assists in six league matches this season. Still to display his class at international level, though.

Rayan Yaslam
The Al Ain attacking midfielder has become a regular starter for his club in the past 15 months. Yaslam, 23, is a tidy and intelligent player, technically proficient with an eye for opening up defences. Developed while alongside Abdulrahman in the Al Ain first-team and has progressed well since manager Zoran Mamic’s arrival. However, made his UAE debut only last December.

Ismail Matar
The Al Wahda forward is revered by teammates and a key contributor to the squad. At 35, his best days are behind him, but Matar is incredibly experienced and an example to his colleagues. His ability to cope with tournament football is a concern, though, despite Matar beginning the season well. Not a like-for-like replacement, although the system could be adjusted to suit.

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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
TOUCH RULES

Touch is derived from rugby league. Teams consist of up to 14 players with a maximum of six on the field at any time.

Teams can make as many substitutions as they want during the 40 minute matches.

Similar to rugby league, the attacking team has six attempts - or touches - before possession changes over.

A touch is any contact between the player with the ball and a defender, and must be with minimum force.

After a touch the player performs a “roll-ball” - similar to the play-the-ball in league - stepping over or rolling the ball between the feet.

At the roll-ball, the defenders have to retreat a minimum of five metres.

A touchdown is scored when an attacking player places the ball on or over the score-line.