Friends and Family members carrying the coffin of Roy Nasr at the St  Francis of Assis Church in Jebel Ali in Dubai. Roy Nasr was killed while cycling last week. Pawan Singh / The National
Friends and Family members carrying the coffin of Roy Nasr at the St Francis of Assis Church in Jebel Ali in Dubai. Roy Nasr was killed while cycling last week. Pawan Singh / The National

Goodbye to 'my friend, my hero' at funeral for UAE triathlete killed in Dubai road crash



DUBAI // Hundreds of mourners gathered on Tuesday to celebrate the life of a man who inspired others with his great strength and integrity.
A funeral service was held for Roy Nasr, a Lebanese triathlete who was hit by a car while cycling with friends on Friday morning near Safa Park in Dubai. Police later said the driver had been drinking.
The service, at St Francis of Assisi Church in Jebel Ali, was packed with people who came to pay their last respects.
Nasr's wife, Tina, gave a moving speech in tribute to her husband and offered thanks to close friends and family.
"God bless all of you, and God bless my love, my hero, my friend," she said.
Nasr, 49, a co-founder of TriDubai triathlon club, was hit near the Dubai Bowling Centre junction. The driver was arrested.
The triathlete's two cycling companions, Ali and Sarmad, were treated for minor injuries.
Nasr's body will be buried in Dubai and his family will now start to receive friends and well-wishers, after earlier having requested privacy.
His teenage daughter Tala also paid tribute to her father.
"Today the sun is shining and I know that my dad is looking down on all of us," she said. "I know that if he was here he'd say, 'what a beautiful day for a run or a cycle'.
"I'm so proud to be his daughter and I'm so thankful to see how happily he lived his life. I'm so grateful to everyone for all the support you've given us. It warms my heart to see how many people my dad has touched.
"He's always going to be with us. Today is a beautiful day because we're celebrating his life. I want you all to smile, because he was an exceptional person. We're going to miss his beautiful and contagious smile."
The night before he died, Nasr gave an interview to The National about why he loves triathlon.
"I think that conquering any challenge you set yourself in life makes you realise that you can probably do whatever you set your mind to do," he said.
A close friend, Ian Le Pelley, said last weekend that he was shocked by the news.
"Everyone agrees that he was genuinely one of the kindest people that we'd ever met and an inspiration to everyone - not just as a triathlete, but as a human being," Mr Le Pelley said.
At the funeral yesterday, Nasr's teenage son Elie said his father had been a moral compass in his life.
"We had such a healthy way of living, so we didn't have any junk food in the house," Elie said. "I had to sneak out of the house to get some chocolate. I shouldn't have, but he always seemed to know.
"He always wanted me to know that I was stronger than I thought. He always knew where he stood.
"That's why, if I come to the point one day where I lose track of who I am, or where I am, I will always be thinking of my father."
mcroucher@thenational.ae

How Alia's experiment will help humans get to Mars

Alia’s winning experiment examined how genes might change under the stresses caused by being in space, such as cosmic radiation and microgravity.

Her samples were placed in a machine on board the International Space Station. called a miniPCR thermal cycler, which can copy DNA multiple times.

After the samples were examined on return to Earth, scientists were able to successfully detect changes caused by being in space in the way DNA transmits instructions through proteins and other molecules in living organisms.

Although Alia’s samples were taken from nematode worms, the results have much bigger long term applications, especially for human space flight and long term missions, such as to Mars.

It also means that the first DNA experiments using human genomes can now be carried out on the ISS.

 

Medicus AI

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Founder(s): Dr Baher Al Hakim, Dr Nadine Nehme and Makram Saleh

Based: Vienna, Austria; started in Dubai

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Staff: 119

Funding: €7.7 million (Dh31m)

 

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Company name: Jaib

Started: January 2018

Co-founders: Fouad Jeryes and Sinan Taifour

Based: Jordan

Sector: FinTech

Total transactions: over $800,000 since January, 2018

Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups

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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
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UAE Rugby finals day

Games being played at The Sevens, Dubai

2pm, UAE Conference final

Dubai Tigers v Al Ain Amblers

4pm, UAE Premiership final

Abu Dhabi Harlequins v Jebel Ali Dragons

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.”

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9.25pm: Conditions (TB) Dh120,000 (D) 1,900m
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Name: Zinah Madi

Occupation: Co-founder of Dots and links

Nationality: Syrian

Family: Married, Mother of Tala, 18, Sharif, 14, Kareem, 2

Favourite Quote: “There is only one way to succeed in anything, and that is to give it everything.”

 

Name: Razan Nabulsi

Occupation: Co-founder of Dots and Links

Nationality: Jordanian

Family: Married, Mother of Yahya, 3.5

Favourite Quote: A Chinese proverb that says: “Be not afraid of moving slowly, be afraid only of standing still.”

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Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

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Engine: 2.9-litre twin-turbo V6

Power: 540hp at 6,500rpm

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Kerb weight: 1580kg

Price: From Dh750k

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Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart

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Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
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Welterweight Mostafa Radi (PAL) v Tohir Zhuraev (TJK)

Catchweight 75kg Leandro Martins (BRA) v Anas Siraj Mounir (MAR)

Flyweight Corinne Laframboise (CAN) v Manon Fiorot (FRA)

Featherweight Ahmed Al Darmaki (UAE) v Bogdan Kirilenko (UZB)

Lightweight Izzedine Al Derabani (JOR) v Atabek Abdimitalipov (KYG)

Featherweight Yousef Al Housani (UAE) v Mohamed Arsharq Ali (SLA)

Catchweight 69kg Jung Han-gook (KOR) v Elias Boudegzdame (ALG)

Catchweight 71kg Usman Nurmagomedov (RUS) v Jerry Kvarnstrom (FIN)

Featherweight title Lee Do-gyeom (KOR) v Alexandru Chitoran (ROU)

Lightweight title Bruno Machado (BRA) v Mike Santiago (USA)

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1. New Zealand Daniel Meech – Fine (name of horse), Richard Gardner – Calisto, Bruce Goodin - Backatorps Danny V, Samantha McIntosh – Check In. Team total First round: 200.22; Second round: 201.75 – Penalties 12 (jump-off 40.16 seconds) Prize €64,000

2. Ireland Cameron Hanley – Aiyetoro, David Simpson – Keoki, Paul Kennedy – Cartown Danger Mouse, Shane Breen – Laith. Team total 200.25/202.84 – P 12 (jump-off 51.79 – P17) Prize €40,000

3. Italy Luca Maria Moneta – Connery, Luca Coata – Crandessa, Simone Coata – Dardonge, Natale Chiaudani – Almero. Team total 130.82/198.-4 – P20. Prize €32,000