Oracle Team USA.
Oracle Team USA.
Oracle Team USA.
Oracle Team USA.

Teams ready to cross foils in the America's Cup


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  • Arabic

Super fast and always just a mistake away from mayhem, the boats will be the stars when the 34th America's Cup starts today in the rough and cold waters of San Francisco Bay.

The defending champions Oracle Team USA will confront the challengers Emirates Team New Zealand in a best-of-17-race chase for the oldest trophy in international sports.

The 72-foot catamarans are powered by 131-foot mainsails that look and perform like airplane wings.

When the boats reach "take-off speed", both hulls pop out of the water on hydrofoils and fly across the tops of the waves. "When you're foiling, the sensation is just like a turbo boost," the Oracle skipper Jimmy Spithill said.

His rival, New Zealand's Dean Barker, calls it "an amazing sensation" to be speeding over the water on the seven-ton boat, sometimes faster than 50mph (80kph), supported only by winglets on the bottom of the two rudders and a hydrofoil on the bottom of a daggerboard on the bottom of the leeward hull.

The wing mainsails are not new in the America's Cup, but foiling is.

The Kiwis were the first to do it and the American syndicate was quick to learn how to get the hulls out of the water to reduce drag and increase speed.

Given the right conditions, the boats should be foiling on today's first leg, a reach across the wind to the first mark, where the boats will turn downwind. Whichever boat is first to the first mark may very well win the race, because passing lanes will be scarce on the five-leg course.

"It's a really cool sensation," Barker said. "The boat, as it comes up out of the water, it accelerates and you gain three, four, five knots of boat speed just as the hull actually pops clear and you take off. Everything sort of lightens up, the loads decrease and you go faster and faster."

The Kiwis set the race record of 54mph during the Louis Vuitton Cup final against Italy.

This regatta has been marred by the death of the British sailor Andrew "Bart" Simpson when Artemis Racing capsized on a training run on May 9, and by a scandal in which the Oracle team illegally modified prototype boats in warm-up regattas. Oracle was docked two points in the America's Cup match - meaning the holders must win 11 races to retain the trophy - and Dirk de Ridder, who trimmed the wing sail, was disqualified from the competition.

If anything can save the regatta, it will be the boats.

This America's Cup is all about trying to make the staid old competition more accessible to fans and television. For the first time in its 162-year history, the sailing will be inshore on a short course.

A bonus is the backdrop.

The starting line is parallel to San Francisco's Golden Gate Bridge, and the course stretches just past Alcatraz Island. The finish line is just off Piers 27-29, with the Transamerica pyramid and Coit Tower in the background.

"You can take the people to the sailing out on the ocean or you can bring the sailing to the people," said Tom Speer, a retired US Air Force officer who is Oracle's aero and sail design leader.

"If you want the people to be able to see the sailing up close and really feel like they're part of the event, then I think you need the kind of short-course sailing we're doing in this edition of the America's Cup.

"Then you need a boat that's exciting to watch and is manoeuvrable."

The foils on the bottom of the rudders are like the horizontal stabilisers on the tail of an airplane.

The foil on the daggerboard, often shaped like a J, is like the upturned winglets on the ends of jetliners' wings. The daggerboards, made of carbon fibre, weigh about 180kg. Not only do they lift the boat out of the water, but they must resist about four tons of side load, said Pete Melvin, a designer with Emirates Team New Zealand.

A key element of racing is mastering the foiling gybe, when the boat changes course while zigzagging downwind.

The crew must lower the daggerboard on one hull while raising the other daggerboard. The goal is to keep the boat on the foils and not let the hulls touch the water, which can slow the boats.

Mastering foiling gybes throughout a race can be worth a total of several hundred metres, Barker said. Keeping control, though, is key. Spithill was at the helm when Oracle's first boat capsized, during training last autumn.

In the opening race of the Louis Vuitton Cup final, the Kiwi boat took a nosedive after being hit from behind by a strong gust of wind, tossing two crewmen overboard.

Spithill, who got his pilot's license before the 2010 America's Cup to better understand the wing sail, said riding above the waves on foils has brought a whole new sensation to racing.

"You're so used to feeling the bumps in the waves, and then when you go through them and nothing happens, it's eerie," he said.

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

LOVE%20AGAIN
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The biog

Name: Salvador Toriano Jr

Age: 59

From: Laguna, The Philippines

Favourite dish: Seabass or Fish and Chips

Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.

Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

LIVERPOOL SQUAD

Alisson Becker, Virgil van Dijk, Georginio Wijnaldum, James Milner, Naby Keita, Roberto Firmino, Sadio Mane, Mohamed Salah, Joe Gomez, Adrian, Jordan Henderson, Alex Oxlade-Chamberlain, Adam Lallana, Andy Lonergan, Xherdan Shaqiri, Andy Robertson, Divock Origi, Curtis Jones, Trent Alexander-Arnold, Neco Williams

Blonde
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COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
2018 ICC World Twenty20 Asian Western Regional Qualifier

The top three teams progress to the Asia Qualifier

Final: UAE beat Qatar by nine wickets

Third-place play-off: Kuwait beat Saudi Arabia by five runs

Table

1 UAE 5 5 0 10

2 Qatar 5 4 1 8

3 Saudi 5 3 2 6

4 Kuwait 5 2 3 4

5 Bahrain 5 1 4 2

6 Maldives 5 0 5 0

The years Ramadan fell in May

1987

1954

1921

1888

The specs

Engine: 2.0-litre 4-cyl, 48V hybrid

Transmission: eight-speed automatic

Power: 325bhp

Torque: 450Nm

Price: Dh359,000

On sale: now 

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The Old Slave and the Mastiff

Patrick Chamoiseau

Translated from the French and Creole by Linda Coverdale

What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
AL%20BOOM
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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 
Schedule:

Sept 15: Bangladesh v Sri Lanka (Dubai)

Sept 16: Pakistan v Qualifier (Dubai)

Sept 17: Sri Lanka v Afghanistan (Abu Dhabi)

Sept 18: India v Qualifier (Dubai)

Sept 19: India v Pakistan (Dubai)

Sept 20: Bangladesh v Afghanistan (Abu Dhabi) Super Four

Sept 21: Group A Winner v Group B Runner-up (Dubai) 

Sept 21: Group B Winner v Group A Runner-up (Abu Dhabi)

Sept 23: Group A Winner v Group A Runner-up (Dubai)

Sept 23: Group B Winner v Group B Runner-up (Abu Dhabi)

Sept 25: Group A Winner v Group B Winner (Dubai)

Sept 26: Group A Runner-up v Group B Runner-up (Abu Dhabi)

Sept 28: Final (Dubai)

FORSPOKEN
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Starfield
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The specs
Engine: 3.6 V6

Transmission: 8-speed auto

Power: 295bhp

Torque: 353Nm

Price: Dh155,000

On sale: now 

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
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MATCH INFO

Juventus 1 (Dybala 45')

Lazio 3 (Alberto 16', Lulic 73', Cataldi 90 4')

Red card: Rodrigo Bentancur (Juventus)

What is safeguarding?

“Safeguarding, not just in sport, but in all walks of life, is making sure that policies are put in place that make sure your child is safe; when they attend a football club, a tennis club, that there are welfare officers at clubs who are qualified to a standard to make sure your child is safe in that environment,” Derek Bell explains.

UAE currency: the story behind the money in your pockets
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Left Bank: Art, Passion and Rebirth of Paris 1940-1950

Agnes Poirer, Bloomsbury

Barings Bank

 Barings, one of Britain’s oldest investment banks, was
founded in 1762 and operated for 233 years before it went bust after a trading
scandal. 

Barings Bank collapsed in February 1995 following colossal
losses caused by rogue trader Nick Lesson. 

Leeson gambled more than $1 billion in speculative trades,
wiping out the venerable merchant bank’s cash reserves.