Ahsan Raza, a cricket umpire who was shot and wounded in the terror attack on the Sri Lankan cricket team in Lahore, Pakistan in March, points to a scar where broken glass entered his arm.
Ahsan Raza, a cricket umpire who was shot and wounded in the terror attack on the Sri Lankan cricket team in Lahore, Pakistan in March, points to a scar where broken glass entered his arm.
Ahsan Raza, a cricket umpire who was shot and wounded in the terror attack on the Sri Lankan cricket team in Lahore, Pakistan in March, points to a scar where broken glass entered his arm.
Ahsan Raza, a cricket umpire who was shot and wounded in the terror attack on the Sri Lankan cricket team in Lahore, Pakistan in March, points to a scar where broken glass entered his arm.

The umpire who held on to life


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DUBAI // Ahsan Raza lay on the floor of the minibus, covered in blood and fighting for breath with two gunshot wounds to his chest. Bullets tore through the vehicle, shattering windows, as he thought of his three young daughters and prayed he would live to see them again.

Mr Raza was not a soldier at war. He was a cricket umpire, caught up in the ambush of the Sri Lankan national team in Pakistan earlier this year. It was the first attack on a national sports team since 11 Israeli athletes and coaches were killed by Palestinian militants at the Munich Olympic Games in 1972. On March 3 in Lahore, about a dozen gunmen using AK-47s, grenades and rockets launched an assault on a convoy of minibuses carrying the Sri Lankan team and game officials.

Mr Raza, a 36-year-old Pakistani, was a casualty of the ongoing battle between armed fundamentalists and Taliban forces who are struggling to wrestle power from the Pakistani government. Eight men were killed and seven wounded in the seven-minute battle in the heart of the city, less than a mile from the Gaddafi Stadium, where Sri Lanka was due to play Pakistan. One bullet punctured Mr Raza's right lung, another hit his liver. "I thought I was going to die. I was 100 per cent sure of it," he said, pausing frequently to take deep breaths as he recounted the attack.

"The trauma of it is always with me. I used to have bad dreams. I can remember the fear." He stayed in a hospital's intensive care unit for 26 days, and needed 22 bottles of blood to survive. Doctors twice warned his family that they feared that he would die. This week, however, the former wicket-keeper and batsman has returned to the international stage. On Monday, he took part in his first international match since the attack, when he was appointed fourth umpire at the one-day International between New Zealand and Pakistan in Abu Dhabi.

Today, he will be the third umpire in the Twenty20 match between the same two sides in Dubai. Mr Raza said he was eager to put the horror behind him. His memories of the attack are crystalline. His minibus was behind the Sri Lankan team in an armed police convoy heading to the stadium. He was sitting behind the driver and looked up as the first shots were fired. He saw two policemen ahead of him fall dead.

"I shouted to everyone to get down on the floor. Then the bullets started to hit our bus. I was lying on the floor by the door and I could hear Chris [Broad, the International Cricket Council umpire] screaming. "I got up to try and comfort him and that is when I was hit. One bullet went through the front of my chest near my armpit, and the second went in the middle of my stomach. "The pain was terrible. It felt like burning. There was a lot of blood and I was so thirsty. I kept asking Chris to get me something to drink."

He was left with only 60 per cent use of his lung. "I can never forgive them for [what they did]," he said. "It is not just what they did to me and the other men that day, but what they did to my country. They tried to ruin my country's reputation." Since the attack, Pakistan has been stripped of its right to host international cricket matches and it seems unlikely that the ban will be lifted after a series of recent violent attacks.

But Mr Raza is optimistic for the future. He said: "After the attack, I had planned to spend the rest of my life in England, but then I changed my mind. I thought, if I do that, it means I am scared of them [the gunmen]. It means those people who are trying to intimidate us, win. "It was wonderful to get back on to the field this week. It was exhilarating. "I just hope it will not be too long until international cricket comes back to Pakistan."

chamilton@thenational.ae

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.”

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War

Director: Siddharth Anand

Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor

Rating: Two out of five stars 

UAE currency: the story behind the money in your pockets
Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

57%20Seconds
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The specs: 2017 Lotus Evora Sport 410

Price, base / as tested Dh395,000 / Dh420,000

Engine 3.5L V6

Transmission Six-speed manual

Power 410hp @ 7,000rpm

Torque 420Nm @ 3,500rpm

Fuel economy, combined 9.7L / 100km

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Bournemouth 0

Manchester United 2
Smalling (28'), Lukaku (70')

Final results:

Open men
Australia 94 (4) beat New Zealand 48 (0)

Plate men
England 85 (3) beat India 81 (1)

Open women
Australia 121 (4) beat South Africa 52 (0)

Under 22 men
Australia 68 (2) beat New Zealand 66 (2)

Under 22 women
Australia 92 (3) beat New Zealand 54 (1)