ABU DHABI // Thani al Qamzi and Ahmad al Hameli are aiming for strong performances in the penultimate round of the UIM World Formula 1 Powerboat Championship at the Abu Dhabi Marine Festival.
The Abu Dhabi leg of the world series will be the high point of the five-day festival which runs between Dec 1 and 5 and coincides with the National Day celebrations.
"We can't think of a better contribution to celebrate the occasion than winning the Abu Dhabi Grand Prix," said Qamzi, who has had a wretched season having failed to win a point from any of the six championship races as a result of engine failures and mechanical unreliability.
"It hasn't been a good season for me but that doesn't stop me from trying to win in Abu Dhabi," he added.
"But I hope Ahmad wins it, because he has a better chance of claiming a podium finish in the world championship."
Qamzi was third behind Team Abu Dhabi's American driver and instructor Scott Gillman in the 2006 championship series and finished the same position last year behind Sami Selio of Finland.
"I would like to see Ahmad take my place on the podium at the end of the two races in Abu Dhabi and Sharjah," said Qamzi, who leads the pole position points table from the nine-times Italian world champion Guido Cappellini.
Hameli shared the same sentiment of his senior teammate as he looked forward to the event.
He said: "I will be very glad if one of us can win this race.
"I agree with Thani that we can't think of a better contribution [to the festival] than winning this race."
Hameli is in fourth place in the championship standings with two races left in Abu Dhabi and in Sharjah on Dec 12.
The American Jay Price, racing under the Qatar banner, tops the championship points table with 85 and need only a sixth place in one of the two races to become the world champion.
Jonas Andersson of Sweden is his only challenger on 47, with the defending champion Selio in third place followed by Hameli.
The Abu Dhabi International Marine Sports Club has made elaborate plans for the holiday crowd with kayak races on the opening day followed by a short distance triathlon, angling competition, swimming, aqua bike races and the grand finale world championship race.
"It is a nice occasion for the holiday crowd to come and enjoy all the action in the water, the sideshows and prizes on free entry coupons, on all five days at the Breakwater," said Ahmed al Rumaithi, a board member of the club.
apassela@thenational.ae
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
GROUPS AND FIXTURES
Group A
UAE, Italy, Japan, Spain
Group B
Egypt, Iran, Mexico, Russia
Tuesday
4.15pm: Italy v Japan
5.30pm: Spain v UAE
6.45pm: Egypt v Russia
8pm: Iran v Mexico
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
The biog
Age: 30
Position: Senior lab superintendent at Emirates Global Aluminium
Education: Bachelor of science in chemical engineering, post graduate degree in light metal reduction technology
Favourite part of job: The challenge, because it is challenging
Favourite quote: “Be the change you wish to see in the world,” Gandi
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
COMPANY%20PROFILE
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The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
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Company%20profile
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Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
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Scores
Oman 109-3 in 18.4 overs (Aqib Ilyas 45 not out, Aamir Kaleem 27) beat UAE 108-9 in 20 overs (Usman 27, Mustafa 24, Fayyaz 3-16, Bilal 3-23)
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UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
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