Real tough test is on the cards at the DWC



The Earth Course, the venue for the US$7.5 million (Dh27.5m) Dubai World Championship (DWC), came under attack when it made its debut on the European Tour a year ago as the final leg to the Race to Dubai.

Several players and caddies implied that the creation by Greg Norman at Jumeirah Golf Estates did not provide a tough enough test for 60 of the world's top golfers. Those criticisms received maximum exposure in certain media outlets.

Not everyone jumped on that bandwagon, however, and instead took the view that Lee Westwood made it look easy by producing golf of the highest calibre - golf that would have murdered the fiercest of courses.

That opinion was endorsed this week by leading administrators on the European Tour, who have taken over the promotion of their end-of-season flagship event.

Nick Tarratt, a Tour director who is based at the Dubai headquarters, maintained that Westwood's aggregate of 23-under par deserves the utmost credit, considering the circumstances.

The Englishman arrived in the UAE as second favourite for the Race to Dubai behind Rory McIlroy but rose to the occasion and carried away $2.75m for his four days of brilliance.

A more accurate reflection on Earth's degree of difficulty, Tour officials maintain, is the runner-up score of 17-under par posted by another Englishman, Ross McGowan, who finished two strokes ahead of the third-placed McIlroy.

That is the scoring region being aimed at as the build-up to the second DWC enters its final month. Efforts are being made to toughen up Earth by thickening the rough with a view to bringing the eventual winner's aggregate to between 12 and 15 under par.

It matters not if one of the 60 qualifiers blows that theory out of the water by producing another masterclass similar to Westwood's. The Tour hierarchy will still conclude that they have done all that needed to be done to make Earth a worthy venue.

An appealing late addition to what is developing into an elite line-up of 60 DWC qualifiers is Matteo Manassero who was rewarded for his achievement of becoming the Tour's youngest title winner last weekend with a promotion from 83rd to 44th on the money list.

Manassero, 17, in his first year as a professional, whose earnings were boosted by €333,000 (Dh1.69m) by his four-stroke victory in the Castello Masters in Valencia, is regarded as potentially as big a talent as McIlroy, who shed his amateur status at the same age and swiftly became one of the game's top attractions.

Indeed, the Italian is already drawing comparisons with Seve Ballesteros, who became one of the sport's greatest ambassadors.

Manassero, who lowered Danny Lee's title-winning age record of 18 years and six months by a full year, played down those tributes after his triumph, pointing out with maturity that Ballesteros was a unique character.

Nevertheless, Manassero, like McIlroy, can harbour realistic ambitions of rising to world No 1 status one day. That honour will be bestowed on Monday to the unassuming German Martin Kaymer if he follows up his run of three consecutive victories with a top-two finish in the Andalucia Valderrama Masters which begins today.

Those of us hoping to see the Race to Dubai being settled on the final Sunday in Dubai will be hoping that Kaymer for once comes unstuck.

A modest pay cheque for Kaymer would see Westwood claim the No 1 spot from Tiger Woods and, in my view, become a more fitting successor to the rehabilitating Woods. The argument against Westwood is that, unlike Kaymer, he is yet to win a major championship, but there can be no disputing that Westwood has been Europe's leading campaigner over the past 12 months and deserves the accolade.

It may be a brief reign for Westwood or Kaymer because Woods is believed to be back in the type of groove that made him unquestionably the leading figure in the modern game.

The 14-time major champion will be in contention to regain the spot he has held for 623 weeks when he reappears in the $7m HSBC Champions event in Shanghai next week.

Also there will be Phil Mickelson who, with the right combination of results, could also end a long and frustrating wait to top the rankings, while Westwood and Kaymer can also cement their respective positions before their Tour concludes with the Singapore and Hong Kong Opens en route to the Dubai climax.

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

Company profile

Name: Tabby
Founded: August 2019; platform went live in February 2020
Founder/CEO: Hosam Arab, co-founder: Daniil Barkalov
Based: Dubai, UAE
Sector: Payments
Size: 40-50 employees
Stage: Series A
Investors: Arbor Ventures, Mubadala Capital, Wamda Capital, STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers VC, MSA Capital, HOF and AB Accelerator.

COMPANY PROFILE

Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

Tips for travelling while needing dialysis
  • Inform your doctor about your plans. 
  • Ask about your treatment so you know how it works. 
  • Pay attention to your health if you travel to a hot destination. 
  • Plan your trip well. 
Zakat definitions

Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.

Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.

Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.

Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.

The Hunger Games: The Ballad of Songbirds & Snakes

Director: Francis Lawrence

Stars: Rachel Zegler, Peter Dinklage, Viola Davis, Tom Blyth

Rating: 3/5

What are NFTs?

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.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

The Specs

Engine: 1.6-litre 4-cylinder petrol
Power: 118hp
Torque: 149Nm
Transmission: Six-speed automatic
Price: From Dh61,500
On sale: Now

About Tenderd

Started: May 2018

Founder: Arjun Mohan

Based: Dubai

Size: 23 employees 

Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital

How champions are made

Diet
7am - Protein shake with oats and fruits
10am - 5-6 egg whites
1pm - White rice or chapati (Indian bread) with chicken
4pm - Dry fruits
7.30pm - Pre workout meal – grilled fish or chicken with veggies and fruits
8.30pm to midnight workout
12.30am – Protein shake
Total intake: 4000-4500 calories
Saidu’s weight: 110 kg
Stats: Biceps 19 inches. Forearms 18 inches

What is an ETF?

An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.

There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.

The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.

There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.

While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash. 

Company Profile

Company name: OneOrder

Started: October 2021

Founders: Tamer Amer and Karim Maurice

Based: Cairo, Egypt

Industry: technology, logistics

Investors: A15 and self-funded

The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.

Previous men's records
  • 2:01:39: Eliud Kipchoge (KEN) on 16/9/19 in Berlin
  • 2:02:57: Dennis Kimetto (KEN) on 28/09/2014 in Berlin
  • 2:03:23: Wilson Kipsang (KEN) on 29/09/2013 in Berlin
  • 2:03:38: Patrick Makau (KEN) on 25/09/2011 in Berlin
  • 2:03:59: Haile Gebreselassie (ETH) on 28/09/2008 in Berlin
  • 2:04:26: Haile Gebreselassie (ETH) on 30/09/2007 in Berlin
  • 2:04:55: Paul Tergat (KEN) on 28/09/2003 in Berlin
  • 2:05:38: Khalid Khannouchi (USA) 14/04/2002 in London
  • 2:05:42: Khalid Khannouchi (USA) 24/10/1999 in Chicago
  • 2:06:05: Ronaldo da Costa (BRA) 20/09/1998 in Berlin
In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Jawan

Director: Atlee

Stars: Shah Rukh Khan, Nayanthara, Vijay Sethupathi

Rating: 4/5


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