LONDON // She didn't win a medal. In fact, she crossed the finishing line last when she ran her heat in the 100-metre race in 14.42 seconds on Friday. But, for Tahmina Kohistani, competing in the Olympic Games in London was always about much more than winning.
Weeping in the aftermath of the race, Afghanistan's only female competitor on the eight-member team said she was crying not out of disappointment, but because of "the journey". "Being here is more important for me than a gold medal," she said.
Later, reflecting on her Olympic experience, she said she knew she was not going to win a medal.
"I am here to begin a new era for the women of Afghanistan and to show people that we can do the same things that people from other countries can do. There is no difference between us," she said.
But there is a very big difference between the obstacles that Kohistani, 23, has had to face, and those encountered by some of her fellow Olympians.
There have been times when she has considered giving up. She was thrown out of a taxi in Kabul when the driver discovered she was training for the Olympics. She was verbally abused by men who oppose her practising sport and her coach had to fight them off outside her training ground.
Even after her race on Friday, hostile comments decrying her as "unMuslim" and not representative of anything but herself were posted on her Facebook page.
"There are a lot of bad comments about me in my country and there are lots of people not ready to support me. But I think I will make the nation of Afghanistan proud of me and they are going to never forget me," she said.
"I just opened a new window, a new door, for the next generation of my country. I can say that they will follow me all the time."
Kohistani is a university student in Kabul studying personal fitness training and began training for the sprint race six months ago. She said she has been touched by the interest her presence at the Games, via a wild card invitation, has sparked since she carried her nation's flag at the opening ceremony.
She ran her heat wearing a headdress and clothing that covered her arms and legs.
"When we had finished everyone wanted to interview me, and not the winner, because I'm the only one from Afghanistan.
"I wasn't pleased with my time - I had trained so much, worked so hard. But it was still a good experience and definitely the most important of my life."
Little wonder that Kohistani admitted to being incredibly nervous when she took her place at the starting line in front of a capacity crowd of 80,000.
"It took me by surprise," she said. "Seeing all those people there and cheering."
The presence of women in all the Olympics delegations has been a key feature of this Gender Equal Olympics and the bravery of some of the women representing their countries for the first time - notably from Saudi Arabia, Brunei and Qatar - has drawn much praise from sports commentators and politicians alike.
For Kohistani, just participating is a major achievement because of the lack of sports infrastructure in Afghanistan.
"Getting medals from the Olympic Games is very difficult for every athlete - and for my country and me, it is even harder. The training facilities are much worse than most other countries so we cannot prepare as well."
Kohistani said that her ambition was to set up a women's club when she returns to Afghanistan. She also wants to become a teacher as there is only one female faculty member at her university in Kabul.
"When I go back to Afghanistan, I will get down to my training even harder than before and I want to use the facilities here more, before I leave, as our track at home is not good.
"I hope to do better for my country and I am going to continue running until 2016 in Brazil."
She said that she would love to gain a Fulbright scholarship, an international educational exchange programme sponsored by the US, to study abroad so that she could return to her home country and "do something for women in sport".
Many would point out that by running in London 2012 she already has done a great deal.
Kohistani knows that when she gets back home "there will be a lot problems".
She anticipates that her critics will be waiting for her but she plans to carry on regardless.
"Maybe one day they will realise that I was right," she said. "I'm here to represent a country with lots of problems right now. Right now we are facing the loss of children, the loss of family. The women in my country have lots of problems right now.
"There are lots of girls in Afghanistan [and] because of some social problems, because of family problems, they cannot do sport.
"But I'm going to say for them: Come and join me, Tahmina, and we can make a very big and strong sport network in our country."
lcollins@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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Man of the match Harry Kane
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Borussia Dortmund v Schalke (5.30pm)
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The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.