From left, seven runners in the Seven Emirates event Clemens Kastner, Servee Palmans, Wendelin Lauxen, Ekhman Mahmud, Aida Othman and Deirdre O’Leary, in Burj Plaza, Downtown Dubai yesterday. Sarah Dea / The National
From left, seven runners in the Seven Emirates event Clemens Kastner, Servee Palmans, Wendelin Lauxen, Ekhman Mahmud, Aida Othman and Deirdre O’Leary, in Burj Plaza, Downtown Dubai yesterday. Sarah DeShow more

Team joins National Day parade after running across seven emirates



DUBAI // After running 540 kilometres, most people would be ready to sit, or fall, down.

But a patriotic group of ultra marathoners decided to show their enthusiasm for the UAE by joining a National Day parade.

The seven runners had just completed the Seven Emirates challenge when they met up with a celebratory march on Mohammed bin Rashid Boulevard in Downtown Dubai.

The group had been raising money for 18-month-old Mohammed Ayoub, who lives in Sharjah, who has a deformity in his legs.

He needs auto-prosthesis to walk, but treatment costs more than Dh100,000.

The team was led by Wendelin Lauxen, 52, from Germany, who is also the managing director for Limb Tech, a company that is helping Mohammed.

Lauxen is no stranger to running long distances – he holds the Guinness World Record for the fastest time to complete a marathon on each of the seven continents.

He ran across the seven emirates by himself in 2010.

“I knew it was going to be painful. That’s why, in some parts of the race, I wondered why I was doing it again,” Lauxen said. “But then it was for a good cause, to help this boy, so I knew it was worthwhile.”

The team has raised about Dh58,000 so far. The rest of the treatment costs will be paid for by Dubai’s Al Jalila Foundation, a charity that funds medical research and treatment for the needy.

Dr Abdulkareem Sultan Al Olama, chief executive of the foundation, said they wanted to make sure Mohammed could walk.

“We will make sure this boy is treated,” he said. “It doesn’t matter if the treatment is paid for by us or by someone else. What matters is that he is treated.

“We are all very thankful to Allah that we can walk, so we want to help this boy back on to his feet, and, inshallah, maybe he will run too.”

The Seven Emirates run started on November 21 at the Khalidiya Palace Rayhaan hotel in Abu Dhabi. The team ran along the east coast of the country, through Fujairah and Ras Al Khaimah, then down to the west coast before making their way to Dubai.

Starting at 7am daily, the team sometimes ran for up to eight hours a day, clocking in an average distance of about 48km. Some days they hit 56km, others 45km.

They would stop every day at pre-arranged checkpoints – either at a hotel on the way or, if they were in the desert, somewhere they could pitch a caravan that was brought along by a support team.

Lauxen said running such a long race did not require any special nutrition, aside from lots of water.

“Sometimes your body tells you that you need a banana, or a steak, so you have to listen to that,” he said. “Two days ago, I was so hungry for a burger, so I ate one.”

During the race, Lauxen burnt up to 4,000 calories a day and, even with the odd burger, lost 7 kilograms in weight.

The six other runners, including Deirdre O’Leary, 38, from Canada, were part of Dubai Creek Striders, an amateur running group that meets every Friday.

Ms O’Leary said the team had been running up to 100km a week, as well as practising proper nutrition.

Even so, she was in pain almost from day one.

“It became very painful,” she said. “But sometimes you’d be in so much pain, and then all of a sudden your body would just fix itself and you were fine again. That’s never happened to me in a normal marathon.”

Lauxen said he was hoping to organise something similar next year, but with a slightly larger group of runners – 77, to be exact.

After finishing the race on Sunday, Ms O’Leary was not sure whether she would participate again.

“Ask me tomorrow,” she said.

mcroucher@thenational.ae

The specs

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Torque: 623Nm

Transmission: 10-speed automatic

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On sale: Now

List of alleged parties

 

May 12, 2020: PM and his wife Carrie attend 'work meeting' with at least 17 staff 

May 20, 2020: They attend 'bring your own booze party'

Nov 27, 2020: PM gives speech at leaving party for his staff 

Dec 10, 2020: Staff party held by then-education secretary Gavin Williamson 

Dec 13, 2020: PM and his wife throw a party

Dec 14, 2020: London mayoral candidate Shaun Bailey holds staff event at Conservative Party headquarters 

Dec 15, 2020: PM takes part in a staff quiz 

Dec 18, 2020: Downing Street Christmas party 

Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

COMPANY%20PROFILE
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Match info:

Leicester City 1
Ghezzal (63')

Liverpool 2
Mane (10'), Firmino (45')

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.”

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Sav%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Purvi%20Munot%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24750%2C000%20as%20of%20March%202023%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Angel%20investors%3C%2Fp%3E%0A
The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

The Intruder

Director: Deon Taylor

Starring: Dennis Quaid, Michael Ealy, Meagan Good

One star

The biog

Name: Sari Al Zubaidi

Occupation: co-founder of Cafe di Rosati

Age: 42

Marital status: single

Favourite drink: drip coffee V60

Favourite destination: Bali, Indonesia 

Favourite book: 100 Years of Solitude