Boxing
Ihab Almatbouli made history as he became the first boxer from Jordan to win an Olympic bout.
The 26 year old put on a classy display to defeat Nigerian Lukmon Lawal 19-7 in a light-heavyweight contest.
Alamtbouli, who lives in and comes from the Palestinian refugee camp of Al-Baqaa (which has a population of around a 100,000) on the outskirts of Amman, was already the first Jordanian to qualify for the Games.
Now he hopes his latest effort will cement his role model status
"I hope due to all my achievements I am going to be a role model especially to the young back home," said Almatbouli, who relaxed in the third round and indulged in some crowd pleasing showboating.
"It will mean a lot back home in Baqaa to everybody as we are a tight knit community and everyone knows each other. My brothers (he is the second oldest of six) are all boxers and will have been watching like most other people there."
Judo
Kaori Matsumoto won Japan's first judo gold in London in the women's -57kg category, while French president Francois Hollande watched in delight as France picked up their second women's judo medal of the Games.
Matsumoto, 24, the world No 1, who had been fast, aggressive and determined throughout the tournament, won the final after Corina Caprioriu of Romania was penalised for a leg grab.
Japan traditionally dominates judo at the Olympics but this was the first medal won by one of the team's women.
Earlier, she had beaten Italian Giulia Quintavalle, the reigning champion, in the quarter-final before overcoming France's Automne Pavia in the semis.
Caprioriu, the 26-year-old sixth seed, reached the final by beating American Marti Malloy in the last four with an automatic winning ippon, throwing her to the tatami (mat) with just seconds left.
Russia's Mansur Isaev won the men's 73kg category, taking the second gold medal for his country in judo in a matter of days.
Fourth seed Isaev, 25, came out on top in a fast and furious fight with Japan's Riki Nakaya.
He deserved gold after beating Nakaya, the world No 2, and reaching the final by overcoming South Korea's Wang Ki-Chun, the world No 1 and silver medal winner in Beijing.
He emulated the success of countryman Arsen Galstyan on Saturday who had won Russia's first judo gold since the collapse of the Soviet Union.
Mongolia's Nyam-Ochir Sainjargal took bronze by beating Dutchman Dex Elmont whose brother Guillaume will compete in the -81 kg section on Tuesday.
It means Mongolia have now won judo medals at every games since Athens in 2004.
France's Ugo Legrand defeated Wang to win the other bronze, his country's third judo bronze medal in London, and received a standing ovation from watching French President Francois Hollande, who greeted him enthusiastically after his win.
Shooting
Alin George Moldoveanu of Romania won the Olympic gold medal in 10-metre air rifle after equaling the Olympic qualifying record.
The victory made up for missing a medal in the same event in the Beijing Games by 2 millimetres.
Moldoveanu and top-ranked Niccolo Campriani of Italy shot 599 in qualifying to tie the Olympic record by Zhu Qinan in 2004.
In the 10-shot final, Moldoveanu was just a little more consistent, scoring 103.1 to Campriani's 102.5 for the silver.
Gagan Narang of India won the bronze.
Indian Olympic champion Abhinav Bindra failed to repeat his feat in Beijing, where he became his country's first individual gold medallist.
Bindra, 29, was in contention to reach the final at the Royal Artillery Barracks but slipped down the rankings to finish 16th in qualifying. Only the top eight went through to the final.
The Indian, who has slipped to number 20 in the world, fell away towards the end of the session, admitting: "It didn't go well in my last 10 shots."
"It was hard at the end because it was closing in," he added. "There was a lot of noise. It was difficult to keep the momentum going but today I just did not have it in me to keep that going to the last."
"I'm looking forward to going home. I've been away for six weeks," he said. "I'm looking forward to being with my family for a while."
When asked about whether he was eyeing the 2016 Games in Rio de Janeiro, he said: "Perhaps, why not? I don't know."
Tennis
Andy Roddick found his form quickly in his first Olympic match, beating Martin Klizan of Slovakia, 7-5, 6-4 in the first round at Wimbledon.
Roddick converted only two of 13 break-point chances but dominated with his serve, as often happens at Wimbledon, where he's a two-time runner-up.
"I served really well," he said. "I would have liked to have converted more break points. But I got a couple and, thankfully, that's all I needed."
The Olympic match, delayed one day by rain, was Roddick's first in eight years. He lost in the third round at the 2004 Games and skipped Beijing in 2008.
As a price for being unseeded, he'll face a daunting challenge in the second round: Novak Djokovic, the 2011 Wimbledon champion.
"The guy has been the best player in the world over the last couple of years," Roddick said. "It's going to be tough. But the situation, we've both been through it a million times. I'm going to have to serve well and take some chances on returns."
Lleyton Hewitt of Australian and Nikolay Davydenko of Russia, both three-time Olympians, won their opening matches. No 9-seeded Juan Monaco of Argentina, No 13 Marin Cilic of Croatia, No 16 Richard Gasquet of France and big-serving Milos Raonic of Canada also advanced.
Diving
Cao Yuan and Zhang Yanquan won the men's 10-metre synchronized title, giving China its second diving gold medal of the London Games.
Cao and Zhang totaled 486.78 points in the six-dive final Monday, spoiling the medal hopes of Brits Tom Daley and Peter Waterfield, who were shut out.
German Sanchez and Ivan Garcia of Mexico won the silver with 468.90.
Nick McCrory and David Boudia of the U.S. took the bronze with 463.47.
Daley and Waterfield led through the first three rounds, but botched their fourth dive and dropped to fourth, where they eventually finished.
Final scores
18 under: Tyrrell Hatton (ENG)
- 14: Jason Scrivener (AUS)
-13: Rory McIlroy (NIR)
-12: Rafa Cabrera Bello (ESP)
-11: David Lipsky (USA), Marc Warren (SCO)
-10: Tommy Fleetwood (ENG), Chris Paisley (ENG), Matt Wallace (ENG), Fabrizio Zanotti (PAR)
AS%20WE%20EXIST
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Coming soon
Torno Subito by Massimo Bottura
When the W Dubai – The Palm hotel opens at the end of this year, one of the highlights will be Massimo Bottura’s new restaurant, Torno Subito, which promises “to take guests on a journey back to 1960s Italy”. It is the three Michelinstarred chef’s first venture in Dubai and should be every bit as ambitious as you would expect from the man whose restaurant in Italy, Osteria Francescana, was crowned number one in this year’s list of the World’s 50 Best Restaurants.
Akira Back Dubai
Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as, “an innovative Japanese cuisine prepared with a Korean accent”.
Dinner by Heston Blumenthal
The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems.
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Where to buy
Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com
The%20specs
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Company%C2%A0profile
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
The drill
Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.
Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”
Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”
Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.”
Community Shield info
Where, when and at what time Wembley Stadium in London on Sunday at 5pm (UAE time)
Arsenal line up (3-4-2-1) Petr Cech; Rob Holding, Per Mertesacker, Nacho Monreal; Hector Bellerin, Mohamed Elneny, Granit Xhaka, Alex Oxlade-Chamberlain; Alex Iwobi, Danny Welbeck; Alexandre Lacazette
Arsenal manager Arsene Wenger
Chelsea line up (3-4-2-1) Thibaut Courtois; Cesar Azpilicueta, David Luiz, Gary Cahill; Victor Moses, Cesc Fabregas, N'Golo Kante, Marcos Alonso; Willian, Pedro; Michy Batshuayi
Chelsea manager Antonio Conte
Referee Bobby Madley
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
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.”
Brief scores:
Toss: Sindhis, elected to field first
Kerala Knights 103-7 (10 ov)
Parnell 59 not out; Tambe 5-15
Sindhis 104-1 (7.4 ov)
Watson 50 not out, Devcich 49
RESULTS
5pm: Maiden (PA) Dh80,000 1,200m
Winner: Ferdous, Szczepan Mazur (jockey), Ibrahim Al Hadhrami (trainer)
5.30pm: Arabian Triple Crown Round-3 Group 3 (PA) Dh300,000 2,400m
Winner: Basmah, Fabrice Veron, Eric Lemartinel
6pm: UAE Arabian Derby Prestige (PA) Dh150,000 2,200m
Winner: Ihtesham, Szczepan Mazur, Ibrahim Al Hadhrami
6.30pm: Emirates Championship Group 1 (PA) Dh1,000,000 2,200m
Winner: Somoud, Patrick Cosgrave, Ahmed Al Mehairbi
7pm: Abu Dhabi Championship Group 3 (TB) Dh380,000 2,200m
Winner: GM Hopkins, Patrick Cosgrave, Jaber Ramadhan
7.30pm: Wathba Stallions Cup Conditions (PA) Dh70,000 1,600m
Winner: AF Al Bairaq, Tadhg O’Shea, Ernst Oertel
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The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
COMPANY%20PROFILE
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A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
- Use the existing EU budget to direct more funds towards defence-related investment
- Engage the bloc's European Investment Bank to drop limits on lending to defence firms
- Create a savings and investments union to help companies access capital
