ABU DHABI// A fitness enthusiast who turned his life about after a health scare has started a “smart” exercise group to help people work out efficiently.
Shahzad Ahmed had high blood pressure and was at risk of developing diabetes. The 47-year-old father knew he to do something to turn it around.
Determined, the Abu Dhabi resident even took part in a 15-day cycling tour last year from Vienna, Austria, through the Alps and Pyrenees to Barcelona, Spain.
While it was an adventure he greatly enjoyed, he wanted something inspiring on his own doorstep. So in March this year Mr Ahmed and his friend, fitness expert Daniel Hughes, launched the Active Weekend group, which meets Saturday mornings at Abu Dhabi Mall for members to run, walk or jog together.
“A few years ago, I was stuck in that position where I was not able to lose weight,” said Mr Ahmed. “Daniel and I thought we could walk and give people advice on how to exercise effectively as the intensity at which each person needs to work out or the kind of exercise they need to perform is different.
“I have seen many cases where people started working out at a gym to lose weight and destroyed their health by not exercising correctly.”
As well as one-to-one advice, members of the Active Weekend group are also given free access to personal fitness devices that monitor health and workout performances. A coach – a nutritionist or trained fitness expert – then interprets the data to help the health seekers understand it.
“We give people different tools to try and with the use of technology people can monitor their heart rate on their phones and see their improvement.”
The group has grown from five members to 15.
“Our goal is to see 200 people walking with us on a weekend,” said Mr Ahmed, an IT consultant who believes in the mantra “what we cannot measure we cannot improve”.
His partner in fitness, Australian expat Mr Hughes, believes people who work out together have more success than those who try to tackle getting fit by themselves. “The human element is important,” said the veteran runner.
For him, Active Weekend is about sharing stories and knowledge. “If people have questions, we can give advice,” said the 38-year-old, who works in sports management.
Abdul Jalil Khan, a computer instructor, was curious about the Active Weekend group after he heard about it on social media.
The Indian expatriate, who has lived in the capital for 15 years, said he found the group aspect of exercising enjoyable and motivating. The 47-year-old said it had not only helped him with his physical fitness levels but had also made a significant difference to his overall health and well-being. “I used to suffer from blood pressure problems which have now stabilised,” he said. “I am energetic and feel stress free now.”
While Active Weekend co-founder Mr Ahmed is delighted with his group, the Canadian-Pakistani expat is always looking for a new challenge so decided to face his fear of water and learn to swim. “My daughter Aisha loves swimming and is in her school swimming squad,” he said. “She inspired me to learn, though I used to be so afraid of water that my knees would tremble if I went in it at the beach.”
arizvi2@thenational.ae
Timeline
1947
Ferrari’s road-car company is formed and its first badged car, the 125 S, rolls off the assembly line
1962
250 GTO is unveiled
1969
Fiat becomes a Ferrari shareholder, acquiring 50 per cent of the company
1972
The Fiorano circuit, Ferrari’s racetrack for development and testing, opens
1976
First automatic Ferrari, the 400 Automatic, is made
1987
F40 launched
1988
Enzo Ferrari dies; Fiat expands its stake in the company to 90 per cent
2002
The Enzo model is announced
2010
Ferrari World opens in Abu Dhabi
2011
First four-wheel drive Ferrari, the FF, is unveiled
2013
LaFerrari, the first Ferrari hybrid, arrives
2014
Fiat Chrysler announces the split of Ferrari from the parent company
2015
Ferrari launches on Wall Street
2017
812 Superfast unveiled; Ferrari celebrates its 70th anniversary
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
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Transmission: Single-speed automatic
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
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.”
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Landfill in numbers
• Landfill gas is composed of 50 per cent methane
• Methane is 28 times more harmful than Co2 in terms of global warming
• 11 million total tonnes of waste are being generated annually in Abu Dhabi
• 18,000 tonnes per year of hazardous and medical waste is produced in Abu Dhabi emirate per year
• 20,000 litres of cooking oil produced in Abu Dhabi’s cafeterias and restaurants every day is thrown away
• 50 per cent of Abu Dhabi’s waste is from construction and demolition
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GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)