IAAF would accommodate a later championships for Qatar



DAEGU, SOUTH KOREA // Doha can bid for the 2017 world championships with a late September date to avoid soaring summer temperatures, said Lamine Diack, the International Association of Athletics Federation (IAAF) president.

The world championships are usually held in a July-August window, but the Ivorian has "nothing against" Qatar being able to schedule the event when it is notably cooler.

"For the world championships, it is possible to move dates," Diack said at a press conference marking the end of the August 27-September 4 world championships in Daegu, South Korea.

"We never said that a world championships had to take place in August every time. We have had some take place in September.

"I'll not be personally against the fact that our championship ends the season. I have nothing against it."

Diack said that Barcelona had decided at the last moment to drop out of the bidding process, leaving the Qatar capital in a two-horse race against London.

Qatar has already confirmed they would bid for the 2020 Olympics after receiving positive feedback from the International Olympic Committee (IOC) executive board, who last week agreed to the Qatari city's request for a September 20 to October 20 time frame to stage the event.

Qatar has already won the right to host the first World Cup in the Middle East in 2022. The event will be held in June, with the plan to use air-conditioned stadiums, such as the template used at the Aspire Academy.

London announced last month that it will launch a bid led by Lord Sebastian Coe, the organising committee chairman for the 2012 London Olympics.

IAAF spokesman Nick Davies also confirmed that Barcelona had not submitted a bid to host the 2017 championships by the September 1 deadline. Budapest, who were also thought to be considering a bid, took a similar decision.

Davies added that the London bid was based on track and field taking place at the Olympic Stadium, which is at the centre of legal proceedings to determine who will be the future owners.

The IAAF is expected to announce the winning bid on November 11.

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
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THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

The specs: 2018 Infiniti QX80

Price: base / as tested: Dh335,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 400hp @ 5,800rpm

Torque: 560Nm @ 4,000rpm

Fuel economy, combined: 12.1L / 100km

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.

Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara

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UAE currency: the story behind the money in your pockets
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
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  • An elevated football field that doubles as a helipad
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