• Camels at the 38th annual Al Marmoom Heritage Festival in Dubai. All photos by Satish Kumar for The National
    Camels at the 38th annual Al Marmoom Heritage Festival in Dubai. All photos by Satish Kumar for The National
  • Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
    Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
  • Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
    Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
  • Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
    Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
  • Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
    Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
  • Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
    Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
  • Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
    Camels participate on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
  • Camels walking towards the start line on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
    Camels walking towards the start line on the first day of the Marmoom season finals for the camel racing season at Al Marmoom Heritage Village in Dubai.
  • Camels at the 38th annual Al Marmoom Heritage Festival in Dubai.
    Camels at the 38th annual Al Marmoom Heritage Festival in Dubai.

UAE to resume camel races in August after Covid-19 prompted suspension


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Camel races will resume at Dubai's Marmoum track in August after a five-month suspension.

Hundreds attend weekly races from September to April but the season was suspended a month early this year due to the coronavirus pandemic.

At race tracks, camel handlers work in closer proximity as they jostle and guide camels to and from the starting line.

Wealthy owners and traders usually watch races from their cars, driving alongside the track. However, extensive socialising takes place after races, when owners and traders congregate at prominent majlises near the track.

The last major circuit race in the UAE took place in Abu Dhabi’s Al Wathbah track on March 21, five days before the country introduced domestic travel restrictions to curb the spread of the coronavirus.

Two festivals are scheduled for next season. The Dubai Crown Prince Camel Festival will run from January 23 to February 4, 2021 and the circuits grand finale, Al Marmoum Heritage Festival, will run from March 28 to April 8, 2021.

To ensure the events are safe, the UAE Camel Racing Federation has issued new guidelines for future races.

To limit the time handlers gather at the track, camels are not to leave their farms before 6am and tracks will only open at 6.30am

Robot jockeys must be mounted before camels leave farms, not at the racetrack.

Gathering at the side of the track is prohibited and people should maintain a five metre distance from others.

Attendees must wear a face mask and gloves at all times.

The UAE Camel Racing Federation will issue fines if owners fail to comply. Fines will be doubled for repeat offences.

Camel racing is a popular sport across the Gulf.

While Emirati owners do not rely on camel races for their livelihoods, the sport does provide a lucrative hobby, with hundreds of millions in prizes presented to citizens at state-sponsored festivals.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Armies of Sand

By Kenneth Pollack (Oxford University Press)
 

UAE currency: the story behind the money in your pockets
SUCCESSION%20SEASON%204%20EPISODE%201
%3Cp%3E%3Cstrong%3ECreated%20by%3A%20%3C%2Fstrong%3EJesse%20Armstrong%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Brian%20Cox%2C%20Jeremy%20Strong%2C%20Kieran%20Culkin%2C%20Sarah%20Snook%2C%20Nicholas%20Braun%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
RESULT

West Brom 2 Liverpool 2
West Brom: Livermore (79'), Rondón (88' ) 
Liverpool: Ings (4'), Salah (72') 

UAE'S%20YOUNG%20GUNS
%3Cp%3E1%20Esha%20Oza%2C%20age%2026%2C%2079%20matches%0D%3Cbr%3E%0D%3Cbr%3E2%20Theertha%20Satish%2C%20age%2020%2C%2066%20matches%0D%3Cbr%3E%0D%3Cbr%3E3%20Khushi%20Sharma%2C%20age%2021%2C%2065%20matches%0D%3Cbr%3E%0D%3Cbr%3E4%20Kavisha%20Kumari%2C%20age%2021%2C%2079%20matches%0D%3Cbr%3E%0D%3Cbr%3E5%20Heena%20Hotchandani%2C%20age%2023%2C%2016%20matches%0D%3Cbr%3E%0D%3Cbr%3E6%20Rinitha%20Rajith%2C%20age%2018%2C%2034%20matches%0D%3Cbr%3E%0D%3Cbr%3E7%20Samaira%20Dharnidharka%2C%20age%2017%2C%2053%20matches%0D%3Cbr%3E%0D%3Cbr%3E8%20Vaishnave%20Mahesh%2C%20age%2017%2C%2068%20matches%0D%3Cbr%3E%0D%3Cbr%3E9%20Lavanya%20Keny%2C%20age%2017%2C%2033%20matches%0D%3Cbr%3E%0D%3Cbr%3E10%20Siya%20Gokhale%2C%20age%2018%2C%2033%20matches%0D%3Cbr%3E%0D%3Cbr%3E11%20Indhuja%20Nandakumar%2C%20age%2018%2C%2046%20matches%3C%2Fp%3E%0A
EPL's youngest
  • Ethan Nwaneri (Arsenal)
    15 years, 181 days old
  • Max Dowman (Arsenal)
    15 years, 235 days old
  • Jeremy Monga (Leicester)
    15 years, 271 days old
  • Harvey Elliott (Fulham)
    16 years, 30 days old
  • Matthew Briggs (Fulham)
    16 years, 68 days old
Masters%20of%20the%20Air
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Cary%20Joji%20Fukunaga%2C%20Dee%20Rees%2C%20Anna%20Boden%2C%20Ryan%20Fleck%2C%20Tim%20Van%20Patten%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Austin%20Butler%2C%20Callum%20Turner%2C%20Anthony%20Boyle%2C%20Barry%20Keoghan%2C%20Sawyer%20Spielberg%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
Race card:

6.30pm: Baniyas (PA) Group 2 Dh195,000 1,400m.

7.05pm: Maiden (TB) Dh165,000 1,400m.

7.40pm: Handicap (TB) Dh190,000 1,200m.

8.15pm: Maiden (TB) Dh165,000 1,200m.

8.50pm: Rated Conditions (TB) Dh240,000 1,600m.

9.20pm: Handicap (TB) Dh165,000 1,400m.

10pm: Handicap (TB) Dh175,000 2,000m.

Zimbabwe v UAE, ODI series

All matches at the Harare Sports Club:

1st ODI, Wednesday, April 10

2nd ODI, Friday, April 12

3rd ODI, Sunday, April 14

4th ODI, Tuesday, April 16

UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions

 

 

The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

'Outclassed in Kuwait'
Taleb Alrefai, 
HBKU Press 

Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
  • Mental well-being assistance
  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 

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.”