One of the biggest fights in boxing will finally take place this weekend when unified light-heavyweight world champion Artur Beterbiev and WBA title holder Dmitry Bivol battle for undisputed in Saudi Arabia.
Ahead of the big night, here is everything you need to know about the "Four-Crown Showdown" event.
What is it?
"Four-Crown Showdown" is a major boxing event that will be headlined by the light-heavyweight championship bout between WBC, WBO and IBF belt holder Beterbiev and WBA champion Bivol. With all four belts on the line, the winner will emerge as the undisputed champion of the 175-pound division.
Before their fight, boxing fans will be treated to an impressive undercard, including two world title fights and a highly-anticipated heavyweight rematch.
When is it?
The event takes place this Saturday, October 12. It was originally scheduled for June 1 but was postponed to the new date after Beterbiev suffered a knee injury during training camp and required surgery.
Where is it?
The Kingdom Arena in Riyadh will once again play host to a massive world title fight. The arena has become the de facto venue for major boxing events in the Saudi Arabian capital, including May's undisputed heavyweight bout between Oleksandr Usyk and Tyson Fury and the rematch in December.
Who are the headline fighters?
In an increasingly competitive light-heavyweight division, Beterbiev and Bivol remain the standard bearers.
Beterbiev has earned a reputation as one of the finest knockout specialists of his generation, winning all 20 of his professional bouts by stoppage. The Canada-based Russian first became world champion when he won the vacant IBF belt in 2017 by knocking out Enrico Koelling in the final round in California.
Three fights later, he added Oleksandr Gvozdyk's WBC title to his collection with a 10th-round knockout in Philadelphia. Two title defences of his belts followed before Beterbiev engaged in another unification bout with then-WBO champion Joe Smith Jr, whom he cleaned out in two rounds in New York in 2022.
Beterbiev retained his three titles with successive knockout wins over British fighters, stopping Anthony Yarde in January 2023 and former super-middleweight champion Callum Smith 12 months later.
Bivol is also unbeaten heading into Saturday's bout, winning 13 of 23 inside the distance. He began his world title journey by claiming the WBA's interim belt in 2016 and was later elevated to full champion the following year.
Bivol fought Trent Broadhurst in November 2017 in his first bout as world champion and has made 11 successful title defences, many of them against top-tier challengers, including a superb points win over GIlberto Ramirez in Abu Dhabi.
But it was his May 2022 fight against pound-for-pound superstar Saul 'Canelo' Alvarez that thrust the California-based Russian into the spotlight. Alvarez was regarded as the pre-fight favourite, despite an ambitious climb up to light-heavyweight, but Bivol delivered a flawless performance in Las Vegas to inflict a second career defeat on the Mexican.
Where Beterbiev is known for his ferocious power, Bivol has established himself as one of the most skillful and technically gifted fighters on the planet. This clash of styles is expected to deliver a blockbuster fight.
Who is on the undercard?
In typical Saudi style, the undercard is packed with exciting bouts. The co-main event is a middleweight fight between British fighter Chris Eubank Jr and Polish veteran Kamil Szeremeta. Eubank has not fought since claiming revenge against Liam Smith 13 months ago and is looking to get back into the world title conversation.
Before then is the heavyweight rematch between British and Commonwealth champion Fabio Wardley and former Olympic bronze medallist Frazer Clarke. The British fighters fought to a thrilling draw in March and will settle their rivalry in Riyadh.
Elsewhere, IBF cruiserweight champion Jai Opetaia will fight in Riyadh for a third successive time when he defends his title against European champion Jack Massey, and the entertaining light-heavyweight prospect Ben Whittaker competes in his ninth pro fight against Liam Cameron.
The undercard begins with Saudi lightweight Mohammaed Alakel making his professional debut against Jesus Gonzalez, before the first world title fight of the night sees Skye Nicolson put her WBC featherweight title on the line against Raven Chapman. The bout will make history as the first women's world title fight ever to be staged in the kingdom.
WBC lightweight world champion Shakur Stevenson had been scheduled to defend his title against Joe Cordina, but the American was forced to withdraw due to a hand injury in training.
What is the fight week schedule?
The build-up to fight night starts on Tuesday with the Grand Arrivals when the fighters are introduced in a lavish ceremony at Boulevard City. The open workouts then take place on Wednesday, before a press conference on Thursday and the weigh-ins on Friday.
What time does the event start?
The main card, starting with Alakel v Gonzalez, will begin at 9pm local time (10pm UAE) on Saturday. Beterbiev and Bivol are expected to make their ring walks at approximately 2am UAE time on Sunday morning.
Are tickets still available?
There are still some tickets available, ranging from Dh100 to Dh2000. For ticket options, click here.
Which TV channels are showing the fight?
The show will be broadcast exclusively in the Middle East on DAZN.
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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.”
RESULTS
Catchweight 82kg
Piotr Kuberski (POL) beat Ahmed Saeb (IRQ) by decision.
Women’s bantamweight
Corinne Laframboise (CAN) beat Cornelia Holm (SWE) by unanimous decision.
Welterweight
Omar Hussein (PAL) beat Vitalii Stoian (UKR) by unanimous decision.
Welterweight
Josh Togo (LEB) beat Ali Dyusenov (UZB) by unanimous decision.
Flyweight
Isaac Pimentel (BRA) beat Delfin Nawen (PHI) TKO round-3.
Catchweight 80kg
Seb Eubank (GBR) beat Emad Hanbali (SYR) KO round 1.
Lightweight
Mohammad Yahya (UAE) beat Ramadan Noaman (EGY) TKO round 2.
Lightweight
Alan Omer (GER) beat Reydon Romero (PHI) submission 1.
Welterweight
Juho Valamaa (FIN) beat Ahmed Labban (LEB) by unanimous decision.
Featherweight
Elias Boudegzdame (ALG) beat Austin Arnett (USA) by unanimous decision.
Super heavyweight
Maciej Sosnowski (POL) beat Ibrahim El Sawi (EGY) by submission round 1.
Fifa Club World Cup quarter-final
Esperance de Tunis 0
Al Ain 3 (Ahmed 02’, El Shahat 17’, Al Ahbabi 60’)
RESULTS
Catchweight 63.5kg: Shakriyor Juraev (UZB) beat Bahez Khoshnaw (IRQ). Round 3 TKO (body kick)
Lightweight: Nart Abida (JOR) beat Moussa Salih (MAR). Round 1 by rear naked choke
Catchweight 79kg: Laid Zerhouni (ALG) beat Ahmed Saeb (IRQ). Round 1 TKO (punches)
Catchweight 58kg: Omar Al Hussaini (UAE) beat Mohamed Sahabdeen (SLA) Round 1 rear naked choke
Flyweight: Lina Fayyad (JOR) beat Sophia Haddouche (ALG) Round 2 TKO (ground and pound)
Catchweight 80kg: Badreddine Diani (MAR) beat Sofiane Aïssaoui (ALG) Round 2 TKO
Flyweight: Sabriye Sengul (TUR) beat Mona Ftouhi (TUN). Unanimous decision
Middleweight: Kher Khalifa Eshoushan (LIB) beat Essa Basem (JOR). Round 1 rear naked choke
Heavyweight: Mohamed Jumaa (SUD) beat Hassen Rahat (MAR). Round 1 TKO (ground and pound)
Lightweight: Abdullah Mohammad Ali Musalim (UAE beat Omar Emad (EGY). Round 1 triangle choke
Catchweight 62kg: Ali Taleb (IRQ) beat Mohamed El Mesbahi (MAR). Round 2 KO
Catchweight 88kg: Mohamad Osseili (LEB) beat Samir Zaidi (COM). Unanimous decision
