UFC returns to Abu Dhabi for Fight Night on Saturday - 15 years ago after the Mixed Martial Arts promotion came to the Middle East for the first time.
UFC 112 was held as an outdoor event at Ferrari World on Yas Island, with middleweight champion Anderson Silva headlining as he defended his title against Demian Maia after the original opponent, Vitor Belfort, withdrew because of an injury. Yet it was the other fights that got much more traction.
BJ Penn, the celebrated lightweight champion, took on No 1-ranked challenger Frankie Edgar. It was quite the coup for Abu Dhabi as Silva and Penn were two of the strongest pound-for-pound MMA fighters at the time.
The event was staged at the 12,000-seat outdoor concert arena at Ferrari World. In a rarity for the sport back then, UFC 112 would feature not one, but two title fights.
“Abu Dhabi is our first outdoor event and we are very happy we could deliver what fans around the world will recognise as a stacked card featuring the sport's biggest stars,” UFC chief executive Dana White said at the time.
Down the card, Renzo Gracie, a renowned Brazilian jiu-jitsu pioneer, made his UFC debut, going up against Matt Hughes, a former two-time welterweight champion.
Excitement built throughout the week in the lead-up to fight night. Several activities along the Corniche climaxed with the official weigh-in at Marina Mall the day before the fighters took to the octagon. It drew a large turnout.
As for the action itself, Mark Munoz’s second-round victory against Kendall Grove – by technical knockout – won “fight of the night” on the 10-bout card. DaMarques Johnson claimed “knockout of the night” by dispatching Brad Blackburn brutally in the third.
In the evening’s fourth and final fight, Rafael dos Anjos earned “submission of the night” as his armbar in the second round caused Terry Etim to submit. Each fighter took home $75,000 (Dh275,000) in bonuses.
In the major bouts, Gracie succumbed to Hughes in the third, while Penn suffered a surprise loss to Edgar, relinquishing his lightweight belt on a unanimous decision. A tightly contested bout, it was Penn’s first defeat in that division in eight years.
Much to everyone’s frustration, the headline act failed to live up to its billing. Undefeated in his previous 10 UFC outings, Silva ran out a unanimous winner on points, only the second time in 11 fights that he needed the judges’ scorecards.
However, Silva’s performance left those in attendance frustrated. Seeking a UFC record of six title defences, he rarely engaged with Maia, taunting his opponent through the opening rounds. Soon, the Abu Dhabi crowd switched their support to the underdog.
As Maia looked to take the fight to the ground, Silva’s defence staved off his challenge, but did little to capture the fans’ attention. At one point in the fifth, the referee ordered Silva to take the fight to Maia.
Speaking afterwards in his native Portuguese, the victorious champion attempted to apologise above a crescendo of boos. “I'm sorry,” Silva said. “I wasn't as humble as I should have been. I will be better next time.”
By that stage, White had already left. Disappointed with what he was witnessing, he departed the arena during the fourth round, foregoing his usual post-fight routine of presenting the champion their belt.
In the press conference afterwards, White fumed: “It was a disgrace. To end this night the way we did was embarrassing. I apologise to everyone who came to the fight.”
UAE currency: the story behind the money in your pockets
The Year Earth Changed
Directed by:Tom Beard
Narrated by: Sir David Attenborough
Stars: 4
MATCH INFO
Liverpool 3
Sadio Man 28'
Andrew Robertson 34'
Diogo Jota 88'
Arsenal 1
Lacazette 25'
Man of the match
Sadio Mane (Liverpool)
Off-roading in the UAE: How to checklist
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
Have you been targeted?
Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:
1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.
2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.
3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.
4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.
5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.
Expo details
Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia
The world fair will run for six months from October 20, 2020 to April 10, 2021.
It is expected to attract 25 million visits
Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.
More than 30,000 volunteers are required for Expo 2020
The site covers a total of 4.38 sqkm, including a 2 sqkm gated area
It is located adjacent to Al Maktoum International Airport in Dubai South
The Vile
Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah
Director: Majid Al Ansari
Rating: 4/5
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
The specs: 2019 GMC Yukon Denali
Price, base: Dh306,500
Engine: 6.2-litre V8
Transmission: 10-speed automatic
Power: 420hp @ 5,600rpm
Torque: 621Nm @ 4,100rpm
Fuel economy, combined: 12.9L / 100km
The biog
Date of birth: 27 May, 1995
Place of birth: Dubai, UAE
Status: Single
School: Al Ittihad private school in Al Mamzar
University: University of Sharjah
Degree: Renewable and Sustainable Energy
Hobby: I enjoy travelling a lot, not just for fun, but I like to cross things off my bucket list and the map and do something there like a 'green project'.
Yahya Al Ghassani's bio
Date of birth: April 18, 1998
Playing position: Winger
Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda
Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
UAE currency: the story behind the money in your pockets
