The UAE women’s team are planning to tour Israel in August as ties between the rugby unions of the two countries continue to strengthen.
Israel's Olympic sevens side beat an all-Emirati UAE side at Dubai Sports City on Friday night, as the teams competed for the Abraham Accord Friendship Cup for the first time.
After that fixture, the players split into two mixed teams, known as Israel-UAE Blues and UAE-Israel Whites.
Above the numbers on the back of the players’ shirts was written the word “peace” in English, Arabic and Hebrew.
The respective unions hope exchange tours will become a regular feature of the relationship between them, with the next engagement being a fixture in Tel Aviv later this summer involving their women’s sides.
“This match was a celebration of the Abraham Accord, and it is a beginning of a sports agreement with the Israeli Rugby federation,” said Mohammed Al Zaabi, a UAE Rugby Federation board member.
“The match came at the end of the rugby season in the UAE, and we also hope next August to hold a match for the women’s team in Tel Aviv.”
Al Zaabi believes the two sides created lasting memories with the fixture on Friday.
“We are very proud because the match was not about winning, it was all about the exchange of experiences,” Al Zaabi said.
“I’m very happy that I have been part of this accord, even on the part of rugby. Sport is always a good way of peace. It is a special moment that will remain stuck in the memory of the whole world.”
Ahead of the game, Israel’s President Reuven Rivlin addressed the two sides in a video message saying “shalom and salaam”.
“This initiative, a joint rugby training camp, is a wonderful expression of the new spirit of people to people peace, following the historic Abraham Accords,” he said.
“While leaders may sign agreements, true peace requires people on both sides to build bonds of friendship and cooperation in every arena.
“A game like rugby is an excellent way to build bridges across cultures, religions and nationalities. Congratulations on this groundbreaking initiative.”
Offer Fabian, the president of the Israel rugby federation, said fixture played between mixed sides in Dubai was a “true message of peace”.
“You are looking at the field and you don’t see two countries,” Fabian said. “You see two teams, because each team is composed of players from both countries.
“It was important for us and our friends here in the Emirates that, not only do we play against each other, but we play with each other. We have players from both teams playing together, and this is the true message of peace.”
THREE
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The struggle is on for active managers
David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.
The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.
Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.
At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn.
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UAE currency: the story behind the money in your pockets
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August 20
Second ODI, Pallekele International Stadium
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August 27
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August 31
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September 3
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September 6
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