Jon Jones after being inducted into the UFC Hall of Fame during the UFC Hall of Fame Class of 2020 Induction Ceremony. Zuffa LLC
Jon Jones after being inducted into the UFC Hall of Fame during the UFC Hall of Fame Class of 2020 Induction Ceremony. Zuffa LLC
Jon Jones after being inducted into the UFC Hall of Fame during the UFC Hall of Fame Class of 2020 Induction Ceremony. Zuffa LLC
Jon Jones after being inducted into the UFC Hall of Fame during the UFC Hall of Fame Class of 2020 Induction Ceremony. Zuffa LLC

Jon Jones to make UFC return with heavyweight title fight as Ngannou becomes free agent


John McAuley
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Jon Jones will make his UFC return in March when he takes on Ciryl Gane for the vacant heavyweight title – after previous champion Francis Ngannou was released from the promotion.

Former long-time lightweight-heavyweight champion Jones, considered by many the greatest UFC athlete of all-time, will compete for the first time in more than three years - and in his debut at heavyweight - in the main event at UFC 285 in Las Vegas on March 4.

The American, 26-1 in MMA and 20-1 in the UFC, vacated the light-heavyweight crown in May 2020. Gane, 11-1 as a professional, will form his opponent at T-Mobile Arena following the UFC’s decision to cut ties with Ngannou. White confirmed on Sunday morning that Jones, 35, signed an eight-fight deal with the company.

White, who made official the match-up only after leaked photos of a digital billboard attached to T-Mobile Arena were posted on social media, said Jones was "ready, willing and able" to fight any heavyweight, including Ngannou.

Jones became the youngest UFC champion of all time in 2011, aged 23. He hasn’t fought competitively since February 2020, when he took a narrow and highly contentious decision win against Dominick Reyes at UFC 247. It marked his 13th title fight win at light heavyweight.

Gane, meanwhile, is coming off a third-round knockout of Tai Tuivasa in his home country in France last September. A former interim-heavyweight champion, he lost a unification bout against Ngannou at UFC 270 in January last year.

On Ngannou, who has not competed since knee surgery early last year, White told reporters: “We’ve been negotiating with him for more than two years. We offered Francis a deal that would’ve made him the highest paid heavyweight in the history of the company – more than [Brock] Lesnar, more than anybody. And he turned the deal down.

“We’re going to release him from his contract, give up our right to match. He can go wherever he wants, do whatever he wants. I think Francis is at a place right now, where he doesn’t want to take a risk. He feels like he can fight lesser opponents and make more money.

“The guy weighs over 300 lbs, just had knee surgery, hasn’t had a real training camp. I think that probably has a lot to do with it. He doesn’t know what’s going to happen with his knee, he’s not getting younger.

"It’s not like this is something that has never happened before. There’s been other guys that have come to us and said, 'I don’t want to compete at this level anymore'.”

Speaking in the post-fight press conference for UFC Vegas 67, White also confirmed that the trilogy clash between welterweight champion Leon Edwards and former belt-holder Kamaru Usman will headline UFC 286 in London on March 18.

Justin Gaethje will face Rafael Fiziev in the co-main, in a heavy-hitting lightweight encounter.

Ngannou's final UFC fight at UFC 270

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The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

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Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

MATCH INFO

FA Cup final

Chelsea 1
Hazard (22' pen)

Manchester United 0

Man of the match: Eden Hazard (Chelsea)

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

Jawan
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Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

UAE currency: the story behind the money in your pockets
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Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

The specs: Volvo XC40

Price: base / as tested: Dh185,000

Engine: 2.0-litre, turbocharged in-line four-cylinder

Gearbox: Eight-speed automatic

Power: 250hp @ 5,500rpm

Torque: 350Nm @ 1,500rpm

Fuel economy, combined: 10.4L / 100km

UAE currency: the story behind the money in your pockets
The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.

RedCrow Intelligence Company Profile

Started: 2016

Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel 

Based: Ramallah, Palestine

Sector: Technology, Security

# of staff: 13

Investment: $745,000

Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors

UAE currency: the story behind the money in your pockets
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

What She Ate: Six Remarkable Women & the Food That Tells Their Stories
Laura Shapiro
Fourth Estate

Should late investors consider cryptocurrencies?

Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.

They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.

“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.

He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.

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Brief scores:

Southampton 2

Armstrong 13', Soares 20'

Manchester United 2

Lukaku 33', Herrera 39'

Company%20profile
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Updated: January 15, 2023, 6:30 AM