2009 file photo: Choudrey Jabar,left, and Pervaz Palvan Bahti compete during Kushti wrestling match in Dubai March 20, 2009. On some Friday afternoons near the Dubai Fish Market Thousands of people gather to watch traditional wrestling popular in India and Pakistan. (Sammy Dallal/The National)
2009 file photo: Choudrey Jabar,left, and Pervaz Palvan Bahti compete during Kushti wrestling match in Dubai March 20, 2009. On some Friday afternoons near the Dubai Fish Market Thousands of people gaShow more

Wrestling: In Pakistan, wrestlers fight to carry on sport’s tradition



Hundreds of Pakistanis cheered and chanted through a traditional wrestling match in the central city of Multan Saturday as drum beats attracted more fans in a bid to revive the dying sport.

Government neglect and poverty has helped consign the glorious feats of Pakistani wrestlers to fast-fading memory. Only a handful carry the torch for the next generation and few command the thousands of spectators of days gone by.

From 1954 to 1970, Pakistan won 18 wrestling gold medals in the Commonwealth Games, five at the Asian Games and a Bronze in the 1960 Olympics. But only a handful of medals have been won since then. Rings that once thronged with thousands of spectators are now silent.

In Multan, however, the spirit of the sport was alive and well, with the tournament attracting wrestlers from different cities and the crowd peppered through with young and old spectators — though the numbers have dwindled from the glory days of kushti, or traditional wrestling.

“We organised this tournament to ensure the sport lives on,” said ex-wrestler Indrees Butt.

“Traditional wrestling is part of our society,” added spectator Zawar Baluch. “This sport can save our youths from indulging in bad habits. They want to be become Pahalwans (wrestlers) which would help create a good impression among people in the society day by day.”

Tournament winner Mohammad Raheel Butt said the competition was “tough” but that he won “with the grace of God”.

He faced competitors such as the ambitious but less reverent Imran Mailsi, who said wrestling was the family profession.

“A lot of people come to see Kushti in the Akhara (mud-wrestling court), where they pray for us which amuses me,” he told AFP.

“We want this traditional wrestling to continue here. Inshallah (God willing), I will become the Rustom-i-Pakistan (Champion of Pakistan).”

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TICKETS

Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

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The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

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Zimbabwe v UAE, ODI series

All matches at the Harare Sports Club

  • 1st ODI, Wednesday, April 10
  • 2nd ODI, Friday, April 12
  • 3rd ODI, Sunday, April 14
  • 4th ODI, Sunday, April 16

Squads:

  • UAE: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed
  • Zimbabwe: Peter Moor (captain), Solomon Mire, Brian Chari, Regis Chakabva, Sean Williams, Timycen Maruma, Sikandar Raza, Donald Tiripano, Kyle Jarvis, Tendai Chatara, Chris Mpofu, Craig Ervine, Brandon Mavuta, Ainsley Ndlovu, Tony Munyonga, Elton Chigumbura

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.”

Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5

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