HOLD FOR FOREIGNEntering the ring. Wrestlers from the WWE enter the ring and begin to show off their personas before the opening match of Thursday nights WWE World Tour in Cairo Egypt.Keith Lane
HOLD FOR FOREIGNEntering the ring. Wrestlers from the WWE enter the ring and begin to show off their personas before the opening match of Thursday nights WWE World Tour in Cairo Egypt.Keith Lane

WWE gets a firm grip of fans in Egypt



CAIRO // Girgis Abu Habib Sidrak says he watches professional wrestling 10 hours a day but would watch "all 24 hours" if he could.

Every night, without fail, body slams and chokeholds light up the TV at this elegant rooftop Cairo bar.

It is 9.30 on a Sunday evening and in between taking drink and shisha orders, Mr Sidrak and his co-worker, George Milad Abib, are flipping through the five different channels all broadcasting World Wrestling Entertainment (WWE) fights.

On one is an old bout featuring Dave Batista and his partner in crime, Rey Mysterio. "Look, look," Mr Sidrak repeatedly interjects, jabbing his index finger towards the screen. At one point, Batista flattens his opponent by launching himself feet-first into his chest.

Mr Sidrak, 21, and Mr Abib, 20, explain that they have been tuning into professional wrestling for more than a decade.

They watch the fights and WWE-produced films. Mr Abib is a member of a WWE Facebook group. Sometimes they practise the moves they see on each other.

Their obsession with a quintessentially American entertainment genre, often derided as gratuitously violent and misogynistic, is anything but an oddity here.

Professional wrestling is everywhere in Egypt - from televisions in dingy Cairo cafes and Bedouin huts in the desert, to merchandise hawked on the streets, to online message boards.

WWE made its live debut in Cairo last month with three performances. More than two hours before the 8pm start on Friday, thousands of fans streamed into the arena inside the Cairo Stadium complex, many with homemade signs bearing their favourite wrestlers' likenesses.

WWE, which rakes in almost US$500 million (Dh1.84 billion) a year and broadcasts in 145 countries to more than 600 million households, has found the Middle East a fertile frontier.

It launched an Arabic site, WWE Arabia, six months ago, and has held live events in Qatar and Abu Dhabi in the past 18 months.

Ed Wells, the senior vice president and managing director for WWE International, declined to provide exact television viewership or revenue figures for the region, but touted the inroads WWE has made lately.

"WWE's programming in the Middle East, and Egypt in particular, has very strong audience figures and we have seen steady growth of the popularity of the brand in these markets in the past 12 months," he said. Its Cairo Facebook page is one of WWE's most popular internationally.

By the time the first wrestlers pranced into the ring to blaring music and flashing lights, the crowd had stirred itself into a frenzy. The vast arena was only about a third full, owing no doubt to the high ticket prices, which ranged from about 250 Egyptian pounds (Dh150) in the nosebleed seats to 3,000 Egyptian pounds ringside.

Yet the noise was almost deafening, as alternating spells of cheering and derision rained down on the performers below, the throngs of young fans in attendance lending the cries a distinctly high pitch.

While professional wrestling strikes many in Egypt as a crude western import, the WWE's styling of itself as wholesome entertainment rang true among the parents with small children in tow.

Ahmed Hussein sat in the upper deck with his wife Radwa Gadou, 8-year-old daughter Malad, and 6-year-old son Mazen. He said his children have been watching WWE since they were 2 or 3.

"They first got into it on PlayStation," he said. "They would know every player, every movement."

The expensive tickets were too much for many devotees, such as Mr Sidrak and Mr Abib, but the crowd was well-versed in the ways of WWE. They cheered on the heroes and taunted the villains with chants while responding on cue to the wrestlers' patented gestures.

Menna Mohamed, 13, who was joined in the stands by at least five members of her extended family, showed off the signs she had made, including one with a caricaturised rendering of Dolph Ziggler alongside his catchphrase, "It's not showing off if you back it up."

Menna said she has been watching WWE for years. She used to stay up until 3am to catch airings of Monday Night Raw. She explained that she loves Ted DiBiase, but not so much Zac Ryder, whose biography she dismissively rattled off while anxiously inquiring if anyone knew who was up in the ring next.

"The programming and storylines are based on the age old story of good versus evil, which is a narrative everyone can relate to globally," said Mr Wells, trying to explain the WWE's diverse appeal.

"In addition to that, the product is family friendly - and is presented in a fun and engaging way."

For many young men here, who comprise much of the core audience, professional wrestling seems to offer something else: a rare image of pure masculinity. Mr Sidrak says he wishes he could go to the gym to get ripped like the fighters he idolises.

"Of course," he replies, when asked if he would like to be a professional wrestler. "That is my dream."

Unfortunately, with his scrawny frame, Mr Sidrak cuts an unlikely candidate to become Egypt's first professional wrestling superstar.

Ahmed Hussein offered one more explanation for WWE's allure. "I think Egyptians like to do things that the American and Europeans, and the developed world in general, do."

It is not quite the image the US is looking to export. In March of last year, Hillary Clinton, the US secretary of state, lamented that America was losing the information war in the Muslim world.

She recounted a meeting with an Afghan general to the Senate foreign relations committee. "The only thing he thought about Americans was that all the men wrestled and the women walked around in bikinis."

Egypt's new Islamist president, Mohammed Morsi, who has publicly expressed his disdain for "naked restaurants" in the US, is unlikely to be a big fan of WWE and its scantily-clad "divas".

Still, at least one online enthusiast was prepared to give Mr Morsi the credit for the last month's spectacle. "Anything is possible in the age of President Morsi" a commenter wrote on the WWE Arabia website.

The rules of the road keeping cyclists safe

Cyclists must wear a helmet, arm and knee pads

Have a white front-light and a back red-light on their bike

They must place a number plate with reflective light to the back of the bike to alert road-users

Avoid carrying weights that could cause the bike to lose balance

They must cycle on designated lanes and areas and ride safe on pavements to avoid bumping into pedestrians

Company profile

Company: Zywa
Started: 2021
Founders: Nuha Hashem and Alok Kumar
Based: UAE
Industry: FinTech
Funding size: $3m
Company valuation: $30m

The biog

Mission to Seafarers is one of the largest port-based welfare operators in the world.

It provided services to around 200 ports across 50 countries.

They also provide port chaplains to help them deliver professional welfare services.

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.”

Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

MATCH INFO

Norwich City 0 Southampton 3 (Ings 49', Armstrong 54', Redmond 79')

COMPANY PROFILE:

Name: Envision
Started: 2017
Founders: Karthik Mahadevan and Karthik Kannan
Based: The Netherlands
Sector: Technology/Assistive Technology
Initial investment: $1.5 million
Current number of staff: 20
Investment stage: Seed
Investors: 4impact, ABN Amro, Impact Ventures and group of angels

The story in numbers

18

This is how many recognised sects Lebanon is home to, along with about four million citizens

450,000

More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps

1.5 million

There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m

73

The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association

18,000

The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme

77,400

The number of people believed to be affected by the current nationality law, according to the 2009 UN study

4,926

This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee

Engine: 80 kWh four-wheel-drive

Transmission: eight-speed automatic

Power: 402bhp

Torque: 760Nm

Price: From Dh280,000

The specS: 2018 Toyota Camry

Price: base / as tested: Dh91,000 / Dh114,000

Engine: 3.5-litre V6

Gearbox: Eight-speed automatic

Power: 298hp @ 6,600rpm

Torque: 356Nm @ 4,700rpm

Fuel economy, combined: 7.0L / 100km

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

Common OCD symptoms and how they manifest

Checking: the obsession or thoughts focus on some harm coming from things not being as they should, which usually centre around the theme of safety. For example, the obsession is “the building will burn down”, therefore the compulsion is checking that the oven is switched off.

Contamination: the obsession is focused on the presence of germs, dirt or harmful bacteria and how this will impact the person and/or their loved ones. For example, the obsession is “the floor is dirty; me and my family will get sick and die”, the compulsion is repetitive cleaning.

Orderliness: the obsession is a fear of sitting with uncomfortable feelings, or to prevent harm coming to oneself or others. Objectively there appears to be no logical link between the obsession and compulsion. For example,” I won’t feel right if the jars aren’t lined up” or “harm will come to my family if I don’t line up all the jars”, so the compulsion is therefore lining up the jars.

Intrusive thoughts: the intrusive thought is usually highly distressing and repetitive. Common examples may include thoughts of perpetrating violence towards others, harming others, or questions over one’s character or deeds, usually in conflict with the person’s true values. An example would be: “I think I might hurt my family”, which in turn leads to the compulsion of avoiding social gatherings.

Hoarding: the intrusive thought is the overvaluing of objects or possessions, while the compulsion is stashing or hoarding these items and refusing to let them go. For example, “this newspaper may come in useful one day”, therefore, the compulsion is hoarding newspapers instead of discarding them the next day.

Source: Dr Robert Chandler, clinical psychologist at Lighthouse Arabia

Grand Slam Los Angeles results

Men:
56kg – Jorge Nakamura
62kg – Joao Gabriel de Sousa
69kg – Gianni Grippo
77kg – Caio Soares
85kg – Manuel Ribamar
94kg – Gustavo Batista
110kg – Erberth Santos

Women:
49kg – Mayssa Bastos
55kg – Nathalie Ribeiro
62kg – Gabrielle McComb
70kg – Thamara Silva
90kg – Gabrieli Pessanha

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures