India crushed South Africa by eight wickets on Sunday to reach the Champions Trophy semi-finals and knock the world’s top-ranked team out of the tournament.
South Africa crumbled from 116-1 to 191 all out in good batting conditions at The Oval before Shikhar Dhawan (78) and Virat Kohli (76 not out) shared a fluent partnership of 128 to lead India to victory with 12 overs to spare.
The defending champions followed hosts England and Bangladesh into the last four and they will be joined by the winners of Monday’s final Group B game between Sri Lanka and Pakistan.
South Africa started cautiously after being sent in to bat as Hashim Amla and Quinton de Kock added 76 for the first wicket without undue alarm.
Amla raised the tempo with a six over mid-wicket but, on 35, he tried to cut spinner Ravichandran Ashwin and nicked a sharp catch to wicketkeeper Mahendra Singh Dhoni.
South Africa were 94 for one after 20 overs and De Kock reached a tidy half-century off 68 balls before he was deceived by spinner Ravindra Jadeja and bowled for 53.
South Africa then pressed the self-destruct button with two run-outs in quick succession.
AB de Villiers, on 16, perished trying to pinch a quick single and David Miller (one) was dismissed in farcical circumstances with both batsmen stranded at the same end to leave South Africa struggling at 142 for four.
Their hopes of a substantial total rested on the shoulders of Faf du Plessis but his scratchy knock of 36 ended when he dragged a ball from medium-pacer Hardik Pandya on to his stumps.
Chris Morris, Andile Phehlukwayo, Kagiso Rabada and Morne Morkel soon joined him back in the pavilion and the innings petered out in the 45th over when Imran Tahir became the third run-out victim.
India began their reply positively and both openers had struck sixes before Rohit Sharma drove loosely at Morkel and was caught by wicketkeeper De Kock for 12.
Kohli joined Dhawan and after surviving hostile spells from Morkel and Rabada the pair started to play with more freedom.
Dhawan crunched Morris over mid-on for his eighth four to reach his 50 and the left-hander played some brutal strokes before he skied Tahir to Du Plessis at long-off.
Kohli remained in total control, however, and Yuvraj Singh hoisted JP Duminy over mid-wicket for a huge six to complete the most comfortable of wins for his team.India join England and Bangladesh in the knockout stages of the tournament.
The winner of Monday’s final group match between Sri Lanka and Pakistan will complete the last-four line-up.
* Reuters
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3) People with a history of cancer in the family can be more susceptible.
4) Treatments include surgery and chemotherapy but early diagnosis is the key.
5) Anyone concerned is urged to contact their doctor
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Day 1, Dubai Test: At a glance
Moment of the day Sadeera Samarawickrama set pulses racing with his strokeplay on his introduction to Test cricket. It reached a feverish peak when he stepped down the wicket and launched Yasir Shah, who many regard as the world’s leading spinner, back over his head for six. No matter that he was out soon after: it felt as though the future had arrived.
Stat of the day - 5 The last time Sri Lanka played a Test in Dubai – they won here in 2013 – they had four players in their XI who were known as wicketkeepers. This time they have gone one better. Each of Dinesh Chandimal, Kaushal Silva, Samarawickrama, Kusal Mendis, and Niroshan Dickwella – the nominated gloveman here – can keep wicket.
The verdict Sri Lanka want to make history by becoming the first team to beat Pakistan in a full Test series in the UAE. They could not have made a better start, first by winning the toss, then by scoring freely on an easy-paced pitch. The fact Yasir Shah found some turn on Day 1, too, will have interested their own spin bowlers.
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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.”
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Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
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