Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said the “Bike City” label awarded to the emirate by the Union Cycliste Internationale was a "source of global recognition for Abu Dhabi and the UAE".
Abu Dhabi is the first destination in Asia to receive the distinction, which is awarded to cities and regions that not only host major UCI cycling events but also invest in developing community cycling and related infrastructure and programmes.
So far, 20 cities and regions have received the label from the world governing body for cycling, such as Bergen in Norway; Copenhagen, the Danish capital; Glasgow in Scotland; and the French capital Paris.
One of our top priorities is to promote sport and wellness, ensuring society can safely and conveniently lead a healthier lifestyle
Sheikh Mohamed bin Zayed
Sheikh Mohamed said on Twitter that the label was recognition of Abu Dhabi's support for sports and wellness.
"Receiving the prestigious ‘Bike City’ label from the Union Cycliste Internationale is a source of global recognition for Abu Dhabi and the UAE," Sheikh Mohamed said.
"One of our top priorities is to promote sport and wellness, ensuring society can safely and conveniently lead a healthier lifestyle."
In conjunction with last week's announcement, Abu Dhabi announced a series of new centres and initiatives to encourage more people to take up cycling.
Planned infrastructure projects include a new 109-kilometre cycling track called the Abu Dhabi Loop and the 3,500-seat Velodrome Hudayriyat, to be built on Hudayriyat Island.
The loop will be a segregated cycle track linking key destinations across the city, while the 12,000-square-metre velodrome will host track racing.
In total, the emirate plans to extend its 300km cycling network to more than 1,000km.
Sheikh Khaled bin Mohamed, member of the Abu Dhabi Executive Council and chairman of the Abu Dhabi Executive Office, launched Bike Abu Dhabi – a new platform to lead the emirate’s long-term ambitions to become a leading global cycling destination.
The organisation will work on cycling infrastructure projects and foster links between three critical elements for cycling growth: mobility, health and leisure, and sport.
Bike Abu Dhabi will also organise competitions and events, including the Abu Dhabi Al Ain Classic, a one-day race open to UAE clubs and amateurs that will start in Abu Dhabi city and finish in Al Ain.
Abu Dhabi will also host the UCI Urban Cycling World Championships in 2022 and 2024, and the 2028 UCI Gran Fondo World Championships.
The emirate has long been a centre for world-class cycling events and community cycling, with 28km of cycling track at Hudayriyat Island and 40km at Al Wathba.
UAE Team Emirates Cycling visit a school in Abu Dhabi
Results
4pm: Al Bastakiya Listed US$300,000 (Dirt) 1,900m; Winner: Emblem Storm, Oisin Murphy (jockey), Satish Seemar (trainer).
4.35pm: Mahab Al Shimaal Group 3 $350,000 (D) 1,200m; Winner: Wafy, Tadhg O’Shea, Satish Seemar.
5.10pm: Nad Al Sheba Turf Group 3 $350,000 (Turf) 1,200m; Winner: Wildman Jack, Fernando Jara, Doug O’Neill.
5.45pm: Burj Nahaar Group 3 $350,000 (D) 1,600m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass.
6.20pm: Jebel Hatta Group 1 $400,000 (T) 1,800m; Winner: Barney Roy, William Buick, Charlie Appleby.
6.55pm: Al Maktoum Challenge Round-3 Group 1 $600,000 (D) 2,000m; Winner: Matterhorn, Mickael Barzalona, Salem bin Ghadayer.
7.30pm: Dubai City Of Gold Group 2 $350,000 (T) 2,410m; Winner: Loxley, Mickael Barzalona, Charlie Appleby.
Women's Prize for Fiction shortlist
The Silence of the Girls by Pat Barker
My Sister, the Serial Killer by Oyinkan Braithwaite
Milkman by Anna Burns
Ordinary People by Diana Evans
An American Marriage by Tayari Jones
Circe by Madeline Miller
UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I
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KILLING OF QASSEM SULEIMANI
UAE currency: the story behind the money in your pockets
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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.
COMPANY%20PROFILE
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GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
PAST 10 BRITISH GRAND PRIX WINNERS
2016 - Lewis Hamilton (Mercedes-GP)
2015 - Lewis Hamilton (Mercedes-GP)
2014 - Lewis Hamilton (Mercedes-GP)
2013 - Nico Rosberg (Mercedes-GP)
2012 - Mark Webber (Red Bull Racing)
2011 - Fernando Alonso (Ferrari)
2010 - Mark Webber (Red Bull Racing)
2009 - Sebastian Vettel (Red Bull Racing)
2008 - Lewis Hamilton (McLaren)
2007 - Kimi Raikkonen (Ferrari)
Auron Mein Kahan Dum Tha
Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar
Director: Neeraj Pandey
Rating: 2.5/5