British Prime Minister Boris Johnson during his last Prime Minister's Questions in the House of Commons, London. EPA
British Prime Minister Boris Johnson during his last Prime Minister's Questions in the House of Commons, London. EPA
British Prime Minister Boris Johnson during his last Prime Minister's Questions in the House of Commons, London. EPA
British Prime Minister Boris Johnson during his last Prime Minister's Questions in the House of Commons, London. EPA

Boris Johnson's swashbuckling goodbye lets MPs know what they will miss


Thomas Harding
  • English
  • Arabic

In a dazzling display of verbal barbs and deft use of the English language, Boris Johnson showed fellow Conservatives and the opposition what they will miss when he leaves office.

If the British prime minister wanted to make a more persuasive argument on why he was a one-man election-winning show, it was hard to imagine him doing better than this.

His last Prime Minister’s Questions underlined why there was a petition by 2,000 Tory party members to have his name added as a third candidate on the imminent final leadership ballot. And probably why he would win the majority of the 160,000 members’ votes.

A beguiling orator and a great campaigner, these were his greatest strengths, but an administrator of government minutiae he was not. That, coupled with the self-inflicted mortal wounds of not quite telling the truth, the whole sorry Partygate affair being the most egregious, led to his downfall.

The question of integrity explained why so many Conservative MPs remained largely silent as Mr Johnson deftly, in turn, skewered each leader of the three main opposition parties.

Sir Keir Starmer graciously wished him well before suggesting Mr Johnson had “come down from his gold wallpaper bunker one last time”, in reference to the £200,000 Downing Street redecoration misdemeanour, largely forgotten in what was later to come.

The Labour leader listed a long list of criticisms ― not from him but from the Conservative candidates vying to become the next prime minister. It is a format that will be repeated with regularity for whoever replaces Mr Johnson at the dispatch box for the next PMQs on September 7.

The criticisms ― as they always have done ― swept meaninglessly over Mr Johnson’s head. Instead he drew on his fast rapier of wit, honed in the debating societies of Eton and Oxford.

He mimicked Sir Keir, waving his arms like a puppet stating: “I can tell you why he does that funny, flapping gesture, because he has the union barons pulling his strings from beneath him."

Sir Keir was a “pointless human bollard”, he said . The Labour leader hid his delight in knowing that this was the last time he would face the opponent whose foil came with blood and wit.

A long-running sparring partner, Ian Blackford, the Scottish National Party parliamentary leader, went for the sweeping claymore approach. Mr Johnson was a “law breaker” and Downing Street was no place for him. With a dismissive gesture, Mr Johnson suggested he retired to his Highland croft.

The Liberal Democrat leader Ed Davey gave his adieu by saying Mr Johnson would now be able to finish his biography of William Shakespeare, then, pointing to the Tory benches said they were “scheming politicians who conspired to bring down a tyrannical leader”.

  • Boris Johnson became UK prime minister in July 2019, left, and resigned three years later in July 2022, right. Here 'The National' looks back at his colourful time as leader of the country. Getty Images / Reuters
    Boris Johnson became UK prime minister in July 2019, left, and resigned three years later in July 2022, right. Here 'The National' looks back at his colourful time as leader of the country. Getty Images / Reuters
  • Boris Johnson reads a statement outside 10 Downing Street, formally resigning as Conservative Party leader. PA
    Boris Johnson reads a statement outside 10 Downing Street, formally resigning as Conservative Party leader. PA
  • Boris Johnson and his wife Carrie Johnson attend the National Service of Thanksgiving to celebrate the Platinum Jubilee of Queen Elizabeth at St Paul's Cathedral in June 2022. Getty Images
    Boris Johnson and his wife Carrie Johnson attend the National Service of Thanksgiving to celebrate the Platinum Jubilee of Queen Elizabeth at St Paul's Cathedral in June 2022. Getty Images
  • Boris Johnson addresses the media after surviving a confidence vote in his leadership, in June 2022. PA
    Boris Johnson addresses the media after surviving a confidence vote in his leadership, in June 2022. PA
  • Sir Graham Brady, chairman of the 1922 Committee of Tory backbenchers, announcing that Mr Johnson had survived a confidence vote in his leadership at the Houses of Parliament in June. PA
    Sir Graham Brady, chairman of the 1922 Committee of Tory backbenchers, announcing that Mr Johnson had survived a confidence vote in his leadership at the Houses of Parliament in June. PA
  • Mr Johnson chats with residents in a Diamond Jubilee-themed room as he makes a constituency visit to Sweetcroft care home in Uxbridge, in May 2022. Getty Images
    Mr Johnson chats with residents in a Diamond Jubilee-themed room as he makes a constituency visit to Sweetcroft care home in Uxbridge, in May 2022. Getty Images
  • Boris Johnson reads the findings of the Sue Gray report into gatherings on government premises while Covid-19 restrictions were in place, in his office in No 10, Downing Street in May 2022. Photo: Downing Street
    Boris Johnson reads the findings of the Sue Gray report into gatherings on government premises while Covid-19 restrictions were in place, in his office in No 10, Downing Street in May 2022. Photo: Downing Street
  • An image of a gathering in the Cabinet Room in No 10, Downing Street in June 2020 on the prime minister's birthday was released alongside the Sue Gray report. Photo: Cabinet Office
    An image of a gathering in the Cabinet Room in No 10, Downing Street in June 2020 on the prime minister's birthday was released alongside the Sue Gray report. Photo: Cabinet Office
  • Boris Johnson with a Mark 3 shoulder launch missile system at Thales weapons manufacturer during a visit to Northern Ireland for talks, in May 2022 in Belfast. Getty Images
    Boris Johnson with a Mark 3 shoulder launch missile system at Thales weapons manufacturer during a visit to Northern Ireland for talks, in May 2022 in Belfast. Getty Images
  • Mr Johnson having a turban placed on his head at Gujarat Bio Technology University, during his two-day trip to India in April. Getty Images
    Mr Johnson having a turban placed on his head at Gujarat Bio Technology University, during his two-day trip to India in April. Getty Images
  • Mr Johnson after apologising to MPs for the 'partygate' fine he had received, in the House of Commons in April. AFP
    Mr Johnson after apologising to MPs for the 'partygate' fine he had received, in the House of Commons in April. AFP
  • Mr Johnson and Ukrainian President Volodymyr Zelenskyy walking in central Kyiv, in April. AFP
    Mr Johnson and Ukrainian President Volodymyr Zelenskyy walking in central Kyiv, in April. AFP
  • Mr Johnson arrives for a media interview at the Emirates Palace hotel in Abu Dhabi, in March 2022. Getty Images
    Mr Johnson arrives for a media interview at the Emirates Palace hotel in Abu Dhabi, in March 2022. Getty Images
  • Mr Johnson speaks with officers as he makes a constituency visit to Uxbridge police station in December 2021. Getty Images
    Mr Johnson speaks with officers as he makes a constituency visit to Uxbridge police station in December 2021. Getty Images
  • Mr Johnson observes an early morning Merseyside Police raid on a home in Liverpool as part of 'Operation Toxic' to infiltrate county lines drug dealings in December 2021. Getty Images
    Mr Johnson observes an early morning Merseyside Police raid on a home in Liverpool as part of 'Operation Toxic' to infiltrate county lines drug dealings in December 2021. Getty Images
  • Boris Johnson during a visit to Westport Care Home in Stepney Green, ahead of unveiling his long-awaited plan to fix the social care system, in September 2021. Getty Images
    Boris Johnson during a visit to Westport Care Home in Stepney Green, ahead of unveiling his long-awaited plan to fix the social care system, in September 2021. Getty Images
  • Prince Charles looks on as Boris Johnson attempts to open his umbrella at the National Memorial Arboretum in Stafford, in July 2021. Getty Images
    Prince Charles looks on as Boris Johnson attempts to open his umbrella at the National Memorial Arboretum in Stafford, in July 2021. Getty Images
  • President of the European Council Charles Michel, US President Joe Biden, Japanese Prime Minister Yoshihide Suga, Mr Johnson and Italian PM Mario Draghi pose for the leaders' official photo during the G7 summit in Cornwall, in June 2021. Getty Images
    President of the European Council Charles Michel, US President Joe Biden, Japanese Prime Minister Yoshihide Suga, Mr Johnson and Italian PM Mario Draghi pose for the leaders' official photo during the G7 summit in Cornwall, in June 2021. Getty Images
  • Mr Johnson poses with his wife Carrie in the garden of No 10, Downing Street following their wedding at Westminster Cathedral, in May 2021. Getty Images
    Mr Johnson poses with his wife Carrie in the garden of No 10, Downing Street following their wedding at Westminster Cathedral, in May 2021. Getty Images
  • Mr Johnson visits Hartlepool after the Conservative Party candidate Jill Mortimer won the Hartlepool by-election in May 2021. Getty Images
    Mr Johnson visits Hartlepool after the Conservative Party candidate Jill Mortimer won the Hartlepool by-election in May 2021. Getty Images
  • Mr Johnson receives his first dose of the AstraZeneca vaccine at St. Thomas' Hospital in London, in March 2021. Getty Images
    Mr Johnson receives his first dose of the AstraZeneca vaccine at St. Thomas' Hospital in London, in March 2021. Getty Images
  • Mr Johnson smiles during a televised press conference at No 10, Downing Street in February 2021, as he announces a phased exit from the country's lockdown measures. Getty Images
    Mr Johnson smiles during a televised press conference at No 10, Downing Street in February 2021, as he announces a phased exit from the country's lockdown measures. Getty Images
  • Mr Johnson gives a thumbs-up gesture after signing the Brexit trade deal with the EU in No 10, Downing Street, in December 2020. Getty Images
    Mr Johnson gives a thumbs-up gesture after signing the Brexit trade deal with the EU in No 10, Downing Street, in December 2020. Getty Images
  • Mr Johnson and European Commission President Ursula von der Leyen meet for a dinner to try to reach a breakthrough on a post-Brexit trade deal, in December 2020 in Brussels. Getty Images
    Mr Johnson and European Commission President Ursula von der Leyen meet for a dinner to try to reach a breakthrough on a post-Brexit trade deal, in December 2020 in Brussels. Getty Images
  • Mr Johnson with a vial of the AstraZeneca Covid-19 candidate vaccine, known as AZD1222, at Wockhardt's pharmaceutical manufacturing facility, in November 2020, in Wrexham, Wales. Getty Images
    Mr Johnson with a vial of the AstraZeneca Covid-19 candidate vaccine, known as AZD1222, at Wockhardt's pharmaceutical manufacturing facility, in November 2020, in Wrexham, Wales. Getty Images
  • Mr Johnson drills during his visit to Exeter College in September 2020. Getty Images
    Mr Johnson drills during his visit to Exeter College in September 2020. Getty Images
  • Mr Johnson holds crabs caught on the Carvela at Stromness Harbour in July 2020, during a visit to Scotland. Getty Images
    Mr Johnson holds crabs caught on the Carvela at Stromness Harbour in July 2020, during a visit to Scotland. Getty Images
  • Mr Johnson holds a painting of a ladybird during a visit to The Discovery School in West Malling, in July 2020. Getty Images
    Mr Johnson holds a painting of a ladybird during a visit to The Discovery School in West Malling, in July 2020. Getty Images
  • Mr Johnson and his fiancée Carrie Symonds applaud for key workers outside No 10, Downing Street, in May 2020. Getty Images
    Mr Johnson and his fiancée Carrie Symonds applaud for key workers outside No 10, Downing Street, in May 2020. Getty Images
  • Boris Johnson appears on monitors for a meeting in London. The prime minister chaired the morning update meeting remotely as he was self-isolating after testing positive for Covid-19. Reuters
    Boris Johnson appears on monitors for a meeting in London. The prime minister chaired the morning update meeting remotely as he was self-isolating after testing positive for Covid-19. Reuters
  • Boris Johnson makes a televised address to the nation from inside No 10, Downing Street, with the latest instructions to stay at home to help contain the Covid-19 pandemic, in March 2020. AFP
    Boris Johnson makes a televised address to the nation from inside No 10, Downing Street, with the latest instructions to stay at home to help contain the Covid-19 pandemic, in March 2020. AFP
  • Mr Johnson attends the launch of the UK-hosted COP26 Summit at the Science Museum in London, in February 2020. Getty Images
    Mr Johnson attends the launch of the UK-hosted COP26 Summit at the Science Museum in London, in February 2020. Getty Images
  • Mr Johnson is greeted by staff at No 10, Downing Street, after meeting Queen Elizabeth II and accepting her invitation to form a new government in December 2019. PA
    Mr Johnson is greeted by staff at No 10, Downing Street, after meeting Queen Elizabeth II and accepting her invitation to form a new government in December 2019. PA
  • Mr Johnson and his partner Carrie enter Downing Street as the Conservatives celebrate a sweeping election victory in December 2019. Getty Images
    Mr Johnson and his partner Carrie enter Downing Street as the Conservatives celebrate a sweeping election victory in December 2019. Getty Images
  • Mr Johnson drives a digger with the words 'Get Brexit Done' inside the digger bucket through a fake wall emblazoned with the word 'GRIDLOCK', during a general election campaign event in December 2019. Getty Images
    Mr Johnson drives a digger with the words 'Get Brexit Done' inside the digger bucket through a fake wall emblazoned with the word 'GRIDLOCK', during a general election campaign event in December 2019. Getty Images
  • Mr Johnson eats pie on the campaign bus in Derby, on the final day of campaigning before the general election in December 2019. Getty Images
    Mr Johnson eats pie on the campaign bus in Derby, on the final day of campaigning before the general election in December 2019. Getty Images
  • Mr Johnson takes a turn in goal during the warm up before a girls' football match between Hazel Grove United JFC and Poynton Juniors in December 2019. Getty Images
    Mr Johnson takes a turn in goal during the warm up before a girls' football match between Hazel Grove United JFC and Poynton Juniors in December 2019. Getty Images
  • Mr Johnson poses with workers as he is given a tour of Wilton Engineering Services as part of an election campaign trail stop in November 2019, in Middlesbrough. Getty Images
    Mr Johnson poses with workers as he is given a tour of Wilton Engineering Services as part of an election campaign trail stop in November 2019, in Middlesbrough. Getty Images
  • Mr Johnson poses for a photo wearing boxing gloves during a stop on his general election campaign trail in Manchester, in November 2019. Getty Images
    Mr Johnson poses for a photo wearing boxing gloves during a stop on his general election campaign trail in Manchester, in November 2019. Getty Images
  • Mr Johnson eats a rock sweet which reads 'Back Boris' during a general election campaign trail stop in Blackpool, in November 2019. Getty Images
    Mr Johnson eats a rock sweet which reads 'Back Boris' during a general election campaign trail stop in Blackpool, in November 2019. Getty Images
  • Mr Johnson leads a bull around a pen as he visits Darnford Farm near Aberdeen, Scotland, in September 2019. Getty Images
    Mr Johnson leads a bull around a pen as he visits Darnford Farm near Aberdeen, Scotland, in September 2019. Getty Images
  • Former US president Donald Trump and Mr Johnson arrive for a bilateral meeting during the G7 summit in August 2019, in Biarritz, France. Getty Images
    Former US president Donald Trump and Mr Johnson arrive for a bilateral meeting during the G7 summit in August 2019, in Biarritz, France. Getty Images
  • Queen Elizabeth welcomes Mr Johnson as the newly elected leader of the Conservative party and invites him to become prime minister and form a new government, at Buckingham Palace in July 2019. Getty Images
    Queen Elizabeth welcomes Mr Johnson as the newly elected leader of the Conservative party and invites him to become prime minister and form a new government, at Buckingham Palace in July 2019. Getty Images

It was perhaps unwise to cross swords with the bard’s biographer. There was a slight pause as Mr Johnson delved into his memory before likening Sir Ed to Polonius, the long-winded bore from Hamlet.

There were few eulogies in praise of the prime minister. Veteran MP Sir Edward Leigh thanked him for his three years of service before Mr Johnson stood to impart his last words of advice to his successor. Keep America a friend, defend Ukraine and “focus on the road ahead but always check your rear view mirror …”

It seemed this final swipe was reserved for the herd of MPs sitting behind him whose stampede exactly two weeks earlier had crushed the prime minister.

There was a standing ovation, but one could not help feel it was to banish the MPs’ guilt at their blood-letting and the cold reality of what or who was to come next.

RESULTS

5pm: Maiden (PA) Dh80,000 1,400m
Winner: JAP Almahfuz, Fernando Jara (jockey), Irfan Ellahi (trainer).

5.30pm: Handicap (PA) Dh90,000 1,400m​​​​​​​
Winner: AF Momtaz, Antonio Fresu, Musabah Al Muhairi.

6pm: Handicap (TB) Dh100,000 1,400m​​​​​​​
Winner: Yaalail, Fernando Jara, Ali Rashid Al Raihe.

6.30pm: Abu Dhabi Championship Listed (PA) Dh180,000 1,600m​​​​​​​
Winner: Ihtesham, Szczepan Mazur, Ibrahim Al Hadhrami.

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,600m​​​​​​​
Winner: Dahess D’Arabie, Fernando Jara, Helal Al Alawi.

7.30pm: Maiden (PA) Dh80,000 2.200m
​​​​​​​Winner: Ezz Al Rawasi, Connor Beasley, Helal Al Alawi.

Sour%20Grapes
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3EZakaria%20Tamer%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ESyracuse%20University%20Press%3Cbr%3E%3Cstrong%3EPages%3A%20%3C%2Fstrong%3E176%3C%2Fp%3E%0A
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

UAE currency: the story behind the money in your pockets
FIXTURES

Nov 04-05: v Western Australia XI, Perth
Nov 08-11: v Cricket Australia XI, Adelaide
Nov 15-18 v Cricket Australia XI, Townsville (d/n)
Nov 23-27: 1ST TEST v AUSTRALIA, Brisbane
Dec 02-06: 2ND TEST v AUSTRALIA, Adelaide (d/n)
Dec 09-10: v Cricket Australia XI, Perth
Dec 14-18: 3RD TEST v AUSTRALIA, Perth
Dec 26-30 4TH TEST v AUSTRALIA, Melbourne
Jan 04-08: 5TH TEST v AUSTRALIA, Sydney

Note: d/n = day/night

The BIO:

He became the first Emirati to climb Mount Everest in 2011, from the south section in Nepal

He ascended Mount Everest the next year from the more treacherous north Tibetan side

By 2015, he had completed the Explorers Grand Slam

Last year, he conquered K2, the world’s second-highest mountain located on the Pakistan-Chinese border

He carries dried camel meat, dried dates and a wheat mixture for the final summit push

His new goal is to climb 14 peaks that are more than 8,000 metres above sea level

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E3.6-litre%2C%20V6%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3Eeight-speed%20auto%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E285hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E353Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh159%2C900%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
All about the Sevens

Cape Town Sevens on Saturday and Sunday: Pools A – South Africa, Kenya, France, Russia; B – New Zealand, Australia, Spain, United States; C – England, Scotland, Argentina, Uganda; D – Fiji, Samoa, Canada, Wales

HSBC World Sevens Series standing after first leg in Dubai 1 South Africa; 2 New Zealand; 3 England; 4 Fiji; 5 Australia; 6 Samoa; 7 Kenya; 8 Scotland; 9 France; 10 Spain; 11 Argentina; 12 Canada; 13 Wales; 14 Uganda; 15 United States; 16 Russia

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

ABU%20DHABI%20CARD
%3Cp%3E%3Cstrong%3E5pm%3A%20%3C%2Fstrong%3EWathba%20Stallions%20Cup%20%E2%80%93%20Handicap%20(PA)%20Dh70%2C000%20(Turf)%202%2C200m%0D%3Cbr%3E%3Cstrong%3E5.30pm%3C%2Fstrong%3E%3A%20Rub%20Al%20Khali%20%E2%80%93%20Maiden%20(PA)%20Dh80%2C000%20(T)%201%2C400m%0D%3Cbr%3E%3Cstrong%3E6pm%3A%20%3C%2Fstrong%3EAl%20Marmoom%20Desert%20%E2%80%93%20Maiden%20(PA)%20Dh80%2C000%20(T)%201%2C600m%0D%3Cbr%3E%3Cstrong%3E6.30pm%3A%20%3C%2Fstrong%3ELiwa%20Oasis%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C400m%0D%3Cbr%3E%3Cstrong%3E7pm%3A%20%3C%2Fstrong%3EAl%20Khatim%20Desert%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C600m%0D%3Cbr%3E%3Cstrong%3E7.30pm%3A%3C%2Fstrong%3E%20Al%20Quadra%20Desert%20%E2%80%93%20Handicap%20(TB)%20Dh80%2C000%20(T)%201%2C600m%3C%2Fp%3E%0A
NBA Finals results

Game 1: Warriors 124, Cavaliers 114
Game 2: Warriors 122, Cavaliers 103
Game 3: Cavaliers 102, Warriors 110
Game 4: In Cleveland, Sunday (Monday morning UAE)

Landfill in numbers

• Landfill gas is composed of 50 per cent methane

• Methane is 28 times more harmful than Co2 in terms of global warming

• 11 million total tonnes of waste are being generated annually in Abu Dhabi

• 18,000 tonnes per year of hazardous and medical waste is produced in Abu Dhabi emirate per year

• 20,000 litres of cooking oil produced in Abu Dhabi’s cafeterias and restaurants every day is thrown away

• 50 per cent of Abu Dhabi’s waste is from construction and demolition

UAE currency: the story behind the money in your pockets
The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km

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.”

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying

Huroob Ezterari

Director: Ahmed Moussa

Starring: Ahmed El Sakka, Amir Karara, Ghada Adel and Moustafa Mohammed

Three stars

The biog

From: Upper Egypt

Age: 78

Family: a daughter in Egypt; a son in Dubai and his wife, Nabila

Favourite Abu Dhabi activity: walking near to Emirates Palace

Favourite building in Abu Dhabi: Emirates Palace

Results

2.30pm: Dubai Creek Tower – Handicap (PA) Dh40,000 (Dirt) 1,200m; Winner: Marmara Xm, Gary Sanchez (jockey), Abdelkhir Adam (trainer)

3pm: Al Yasmeen – Maiden (PA) Dh40,000 (D) 1,700m; Winner: AS Hajez, Jesus Rosales, Khalifa Al Neyadi

3.30pm: Al Ferdous – Maiden (PA) Dh40,000 (D) 1,700m; Winner: Soukainah, Sebastien Martino, Jean-Claude Pecout

4pm: The Crown Prince Of Sharjah – Prestige (PA) Dh200,000 (D) 1,200m; Winner: AF Thayer, Ray Dawson, Ernst Oertel

4.30pm: Sheikh Ahmed bin Rashid Al Maktoum Cup – Handicap (TB) Dh200,000 (D) 2,000m; Winner: George Villiers, Antonio Fresu, Bhupat Seemar

5pm: Palma Spring – Handicap (PA) Dh40,000 (D) 2,000m; Winner: Es Abu Mousa, Antonio Fresu, Abubakar Daud

Du Football Champions

The fourth season of du Football Champions was launched at Gitex on Wednesday alongside the Middle East’s first sports-tech scouting platform.“du Talents”, which enables aspiring footballers to upload their profiles and highlights reels and communicate directly with coaches, is designed to extend the reach of the programme, which has already attracted more than 21,500 players in its first three years.

Oppenheimer
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EChristopher%20Nolan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ECillian%20Murphy%2C%20Emily%20Blunt%2C%20Robert%20Downey%20Jr%2C%20Florence%20Pugh%2C%20Matt%20Damon%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E5%2F5%3Cbr%3E%3C%2Fp%3E%0A
ICC Women's T20 World Cup Asia Qualifier 2025, Thailand

UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final

The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

Pakistan Super League

Previous winners

2016 Islamabad United

2017 Peshawar Zalmi

2018 Islamabad United

2019 Quetta Gladiators

 

Most runs Kamran Akmal – 1,286

Most wickets Wahab Riaz –65

ESSENTIALS

The flights

Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.

The hotels

Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.

The tours

A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages. 

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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.
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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

SPECS

Nissan 370z Nismo

Engine: 3.7-litre V6

Transmission: seven-speed automatic

Power: 363hp

Torque: 560Nm

Price: Dh184,500

Updated: July 20, 2022, 2:27 PM