Zulqarnain Haider left Dubai reportedly concerned about his personal safety after receiving threats.
Zulqarnain Haider left Dubai reportedly concerned about his personal safety after receiving threats.

Zulqarnain Haider arrives in London after fleeing Dubai



LONDON //  Zulqarnain Haider, the Pakistan wicketkeeper, has arrived in England after mysteriously disappearing hours before the fifth and final one-day international against South Africa in Dubai.

Television pictures clearly showed Zulqarnain arriving at Heathrow Airport this afternoon.

Earlier, Pakistan's team management said the keeper was last seen at the team's hotel in Dubai early in the morning.

The Pakistan Cricket Board (PCB) said Zulqarnain had not informed them he was planning to leave the hotel nor had he told them the reason for his sudden decision.

"A full inquiry will be held into the circumstances surrounding this incident and no further comment will be made until the facts are known," the PCB said in a statement.

In a message on his Facebook account, Zulqarnain appeared to suggest he was worried about his personal safety after receiving threats.

"Leaving Pakistan cricket because get bad messages for lose the match in last game," he wrote.

Pakistan officials reported Zulqarnain's disappearance to the International Cricket Council's Anti-Corruption and Security unit, as well as local police.

The 24-year-old scored an unbeaten 19 and hit the winning runs as Pakistan levelled the five-match series 2-2 in the fourth one-dayer on Friday.

His brother Reza told Reuters from Lahore that Zulqarnain had expressed fears after receiving threatening messages.

"The last time I spoke to him he told me he was getting threatening messages after the fourth match and to pray for him," said Reza before adding his family was in touch with Zulqarnain and concerned about his safety.

"We would like to know a lot of things like why did the PCB management give him his passport, were they aware of the threats he had got?", Reza said.

The PCB said Zulqarnain had asked Pakistan officials for his passport.

"Zulqarnain was in possession of his passport at the time he left the hotel, which he had taken from the team management the previous evening for personal use," said the board.

A PCB legal adviser, Tafazzul Rizvi, told Reuters that Zulqarnain had breached his central contract.

"He will definitely face an inquiry and disciplinary action whenever he contacts us. But we are concerned about this whole situation," said Rizvi.

Lahore police official Rana Faisal said they were investigating Zulqarnain's disappearance.

"We have received no official complaint but taking note of the media reports we have sent some officers to his house (in Lahore) to find out details," Faisal said.

Zulqarnain has played one Test, four one-day internationals and three Twenty20 games for Pakistan.

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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.”

UAE currency: the story behind the money in your pockets
$1,000 award for 1,000 days on madrasa portal

Daily cash awards of $1,000 dollars will sweeten the Madrasa e-learning project by tempting more pupils to an education portal to deepen their understanding of math and sciences.

School children are required to watch an educational video each day and answer a question related to it. They then enter into a raffle draw for the $1,000 prize.

“We are targeting everyone who wants to learn. This will be $1,000 for 1,000 days so there will be a winner every day for 1,000 days,” said Sara Al Nuaimi, project manager of the Madrasa e-learning platform that was launched on Tuesday by the Vice President and Ruler of Dubai, to reach Arab pupils from kindergarten to grade 12 with educational videos.  

“The objective of the Madrasa is to become the number one reference for all Arab students in the world. The 5,000 videos we have online is just the beginning, we have big ambitions. Today in the Arab world there are 50 million students. We want to reach everyone who is willing to learn.”

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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
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
The cost of Covid testing around the world

Egypt

Dh514 for citizens; Dh865 for tourists

Information can be found through VFS Global.

Jordan

Dh212

Centres include the Speciality Hospital, which now offers drive-through testing.

Cambodia

Dh478

Travel tests are managed by the Ministry of Health and National Institute of Public Health.

Zanzibar

AED 295

Zanzibar Public Health Emergency Operations Centre, located within the Lumumba Secondary School compound.

Abu Dhabi

Dh85

Abu Dhabi’s Seha has test centres throughout the UAE.

UK

From Dh400

Heathrow Airport now offers drive through and clinic-based testing, starting from Dh400 and up to Dh500 for the PCR test.