Sebastian Vettel on his way to victory in a gigantic race in Abu Dhabi.
Sebastian Vettel on his way to victory in a gigantic race in Abu Dhabi.

Five to rejoice in 2010, and five more to regret



BEST OF 2010

1. Two marvellous hugs

We had seen serial tennis champions greet grand slam titles with the exhausted tradition of clambering into the audience to embrace loved ones.

We just had not seen a big old group hug so startling and fetching as when 29-year-old also-ran Francesca Schiavone unimaginably and charmingly won the French Open.

In a single ebullient moment, she seemed to hug half of Italy.

And while we seldom get a peek at any rapport between managers and footballers, a viral video granted a glimpse of the departing Inter Milan artist Jose Mourinho bounding out of his drive-away car for Real Madrid for a sobbing farewell hug with Marco Materazzi.

This suggested the Inter Milan spring contained even more depth than the unprecedented treble of the European title, league title and Italian cup title.

As with Schiavone, it showed that even all the precious hardware might just bow to the meaning of human collaboration.

2. One gigantic race

Imagine telling someone, oh, 40 years ago, that the conclusion of the globally chic Formula One season would transpire on some island close to the Abu Dhabi mainland.

Imagine telling someone 30 years ago that this race near a tiny village of hotels plus a Ferrari theme park would lure in the world's eyeballs because an unprecedented four drivers would remain in mathematical contention for the finale of 19 races.

Imagine telling someone, say, 20 years ago that in a pristine twilight the cars would stream around beneath an architectural marvel of a hotel and beside marina-moored yachts.

Imagine telling someone, yeah, 10 years ago that for a Sunday in November, this Yas Marina Circuit would know the distinctive feel of the huge sporting event, that sort of wonderfully myopic, mass shared experience known to foster good health as long as you forget for a moment the eardrums. Who on Earth would believe such a vision?

3. A fine frontier

To one gigantic race upon fresh soil - sand - add one becoming World Cup and one coming World Cup and you have an onrushing theme.

Surmounting the concerns and occasional derision of the uppity, South Africa held a World Cup that sang and danced and deepened the world's lexicon with the addition of the word "vuvuzela".

Even Americans watched. Under the heading of emerging places, South America looked toward its 2014 Brazilian World Cup by supplying half the quarter-finalists and five of the last 16.

And continuing in that vein, come December 2 in Zurich, ensuing and initial World Cups went to - sorry England and America -Russia for 2018 and - whoa! - Qatar for 2022.

This epitomised the shifting planet, shipped huge events to fresh pockets of humanity and, in the case of Fifa, revealed a strange little titbit about life.

Even a preposterously self-important and sadly murky organisation can stumble upon valuable acts.

4. A win for finer things

Elegance won. Resourcefulness won. Thoughtfulness won. OK, even beauty won.

When the last giant footballing nation to win a World Cup finally did win a World Cup, it came as more than Spain joining Brazil and Italy and Germany and Argentina and England and France and Uruguay among the all-time winners. It came as relief.

A Spanish team long on style but also on a quiet grit withstood the cynical bullying of Holland in the final in Johannesburg until Andres Iniesta's exhalation of a goal in the 116th minute flung mirth around Madrid and Barcelona and all Spain and all connoisseurs of fine art.

And, as an unexpected bonus, it delivered the coveted cup to a team with such fortitude in its Pique-Puyol-Ramos-et al brigade in defence that not only did Spain rise from a jolting opening loss to minnows Switzerland, but for the remaining six matches in South Africa allowed one goal in group play and, for four knockout matches, never did concede.

5. Maybe the fan does matter

Still, they love. Their Pakistan cricket team flounders but still, they love.

Three players get snared in a spot-fixing scandal as an entire national system reels and still, they love. They gripe capably but when they finish that, they love.

In the autumn of 2010, possibly the world's utmost fans gathered outside stadiums in Abu Dhabi and Dubai as they drew as near as they could - some having walked miles - even when they lacked the means for tickets for the series against South Africa.

As they stood outside the Zayed Cricket Stadium and Dubai Sports City on sand, arching necks for glimpses, it was easy to yearn to see them rewarded at some point (Pakistan drew the Test series 0-0 and lost the One-day series 3-2 and the Twenty20s 2-0).

Sometimes, the craziest daydreams do materialise eventually, a sunny outlook undeniable given the wretched history behind the stirring fact that the 2010 American football Super Bowl went to the New Orleans Saints.

WORST OF 2010

1. Is the whole world fixed?

With a loud Pakistan cricket spot-fixing case swirling out of London in late summer, and a louder World Cup bid-fixing case swirling also out of London in early autumn it seemed ... well, it seemed all the planet's underlying truth was swirling out of London and 2010 should have been the Year of the Undercover London Tabloid Reporter (ULTR).

Yet the case that should have caused the highest emotional duress had popped up way back in spring, when members of that resourceful subspecies the ULTR went to a hotel room in Kiev, Ukraine, and unearthed a thought almost peerlessly horrifying.

You know how for centuries, people have forecasted the end of time so often that by now they just sound kooky? Well, they might be right this time if indeed an innocent schlub trying to wring some joy and escape from sport cannot trust even snooker, after John Higgins was banned for six months for bringing the game into disrepute.

2. And the winner is...

Even in the steep sporting sludge in 2010, one bit of sludge improbably came off as sludgiest, no easy feat.

It came on July 25 when the Ferrari engineer at the German Grand Prix gave his now-famous little radioed order to Felipe Massa: "OK, so Fernando is faster than you. Can you confirm you understand that message?"

Thereupon did Spaniard Fernando Alonso "pass" his Brazilian teammate Massa for a one-two finish that upended legitimacy and cooked a big pot of mockery.

The farce lingered all the way to Abu Dhabi as amateur mathematicians grappled with the looming, phony seven extra table points Alonso acquired from Massa's ordered relent.

Something about the engineer's ensuing reassurance toward Massa - "Good lad. Just stick with it now. Sorry" - decorated this cheat-of-customers with fresh layers of la-de-da everydayness, conjuring the great American comedienne Lily Tomlin: "No matter how cynical you get, it is impossible to keep up."

3. That tired, tired chorus

How should we react anymore to depressing and depressingly common sequences such as this: Alberto Contador allegedly won the 2010 Tour de France in July, revealed in September that during the race he had tested positive for traces of clenbuterol, and blamed tainted meat. Well, we can always extol the edifying discussion of eating tainted meat.

We can remember that the apparent finish of a sporting event does not mean that event has concluded, its outcome forever in doubt pending testing revelations. (See Marion Jones, Sydney Olympics.)

And we can remember the quotation of the year, from the banned Austrian cyclist Bernhard Kohl in an article by Juliet Macur in the

New York Times.

Third in the 2008 Tour de France, noting that only one of his 100 tests while doping came up positive, Kohl said at a US Anti-Doping Agency science conference: "It's impossible to win the Tour de France without doping."

4. A picture of confusion

For 13 seasons, it seemed we watched humanity finally triumph over its longtime self-made menace, golf, in the form of a serious Californian born in 1975 to a Thai woman and an African-American man.

For all the supposed slumps and tedious swing re-toolings during Tiger Woods's career, even in those years when he did not win a major tournament - note: they're really hard to win - he posted rarefied numbers against a brutal game. He pinned it down. He took us through the minefields called courses with talent that wowed and glistened.

He barrelled toward Jack Nicklaus's iconic record of 18 major titles, landing at 14 at age 32 when he won the US Open with a ravaged leg.

Then came the sensational self-made personal crisis and the dreadful PR-made apology, the strangeness of watching him battle the golf beast as run-of-the-mill, PGA-level good, and the startling thought that Nicklaus's mark has taken on a fresh coat of sturdiness.

5. The apex of Narcissism

Many think athletes have become too revered.

Many think it grating that US media outlets spent a summer month yammering about where the basketball Hercules LeBron James would sign his next gargantuan contract.

Many think it the apex of 21st-century athletic Narcissism that James held a weird prime-time television show for which he travelled from Ohio to Connecticut to sit with an interviewer, engage in mind-numbing small talk and then announce his next move.

Many think this show, starring a player who had not won an NBA title in Cleveland announcing he would move to Miami to join stars who could help him win but yet cheapen any title he does win, burrowed into some fresh terrain of television degradation. (A hard, hard feat.) All of that is rational. And you know what else? Many, many watched the ESPN network's highest-rated non-NFL show of the year.

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

All Black 39-12 British & Irish Lions

Lions tour fixtures

3 JuneProvincial BarbariansWon 13-7

7 JuneBluesLost 22-16

10 JuneCrusadersWon 12-3

13 JuneHighlandersLost 23-22

17 JuneMaori All BlacksWon 32-10

20 JuneChiefsWon 34-6

24 JuneNew ZealandLost 30-15

27 JuneHurricanes

1 JulyNew Zealand

8 JulyNew Zealand

ELECTION%20RESULTS
%3Cp%3EMacron%E2%80%99s%20Ensemble%20group%20won%20245%20seats.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20second-largest%20group%20in%20parliament%20is%20Nupes%2C%20a%20leftist%20coalition%20led%20by%20Jean-Luc%20Melenchon%2C%20which%20gets%20131%20lawmakers.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20far-right%20National%20Rally%20fared%20much%20better%20than%20expected%20with%2089%20seats.%3C%2Fp%3E%0A%3Cp%3EThe%20centre-right%20Republicans%20and%20their%20allies%20took%2061.%3C%2Fp%3E%0A

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.”

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind
SERIES INFO

Cricket World Cup League Two
Nepal, Oman, United States tri-series
Tribhuvan University, Kathmandu
 
Fixtures
Wednesday February 5, Oman v Nepal
Thursday, February 6, Oman v United States
Saturday, February 8, United States v Nepal
Sunday, February 9, Oman v Nepal
Tuesday, February 11, Oman v United States
Wednesday, February 12, United States v Nepal

Table
The top three sides advance to the 2022 World Cup Qualifier.
The bottom four sides are relegated to the 2022 World Cup playoff

 1 United States 8 6 2 0 0 12 0.412
2 Scotland 8 4 3 0 1 9 0.139
3 Namibia 7 4 3 0 0 8 0.008
4 Oman 6 4 2 0 0 8 -0.139
5 UAE 7 3 3 0 1 7 -0.004
6 Nepal 0 0 0 0 0 0 0
7 PNG 8 0 8 0 0 0 -0.458

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Four-day collections of TOH

Day             Indian Rs (Dh)        

Thursday    500.75 million (25.23m)

Friday         280.25m (14.12m)

Saturday     220.75m (11.21m)

Sunday       170.25m (8.58m)

Total            1.19bn (59.15m)

(Figures in millions, approximate)

Company%20profile
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THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

Super Bowl LIII schedule

What Super Bowl LIII

Who is playing New England Patriots v Los Angeles Rams

Where Mercedes-Benz Stadium in Atlanta, United States

When Sunday (start time is 3.30am on Monday UAE time)

 

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

UAE currency: the story behind the money in your pockets
england euro squad

Goalkeepers: Dean Henderson (Man Utd), Sam Johnstone (West Brom), Jordan Pickford (Everton)

Defenders: John Stones (Man City), Luke Shaw (Man Utd), Harry Maguire (Man Utd), Trent Alexander-Arnold (Liverpool), Kyle Walker (Man City), Tyrone Mings (Aston Villa), Reece James (Chelsea), Conor Coady (Wolves), Ben Chilwell (Chelsea), Kieran Trippier (Atletico Madrid)

Midfielders: Mason Mount (Chelsea), Declan Rice (West Ham), Jordan Henderson (Liverpool), Jude Bellingham (Borussia Dortmund), Kalvin Phillips (Leeds)

Forwards: Harry Kane (Tottenham), Marcus Rashford (Man Utd), Raheem Sterling (Man City), Dominic Calvert-Lewin (Everton), Phil Foden (Man City), Jack Grealish (Aston Villa), Jadon Sancho (Borussia Dortmund), Bukayo Saka (Arsenal)

The%20Boy%20and%20the%20Heron
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GREATEST ROYAL RUMBLE CARD

The line-up as it stands for the Greatest Royal Rumble in Saudi Arabia on April 27

50-man Royal Rumble

Universal Championship
Brock Lesnar (champion) v Roman Reigns

Casket match
The Undertaker v Rusev

Intercontinental Championship
Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe

SmackDown Tag Team Championship
The Bludgeon Brothers v The Usos

Raw Tag Team Championship
Sheamus and Cesaro v Bray Wyatt and Matt Hardy

United States Championship
Jeff Hardy (champion) v Jinder Mahal

Singles match
Triple H v John Cena

To be confirmed
AJ Styles will defend his WWE World Heavyweight title and Cedric Alexander his Cruiserweight Championship, but matches have yet to be announced