ABU DHABI // Al Jazira coach Henk ten Cate says Omar Abdulrahman has the talent to play in any league in Europe, after witnessing first-hand the Al Ain playmaker on Sunday.
The Dutchman, who has previously coached at a number of European clubs including Barcelona, Chelsea and Ajax, was in the home dugout for Jazira’s 3-1 defeat to Al Ain at the Mohammed bin Zayed Stadium.
Abdulrahman played an integral role in the UAE champions’ victory, displaying his typical poise in dictating the tempo of the match. Captain for the night, he assisted Douglas for the Brazilian’s second goal, while Jazira struggled to contain the UAE midfielder for the majority of the game.
Ten Cate was not surprised, though.
Report and analysis: Douglas takes home the match ball after stunning hat-trick against Al Jazira
“He is a really good player, I enjoy watching this guy,” he said. “I’ve seen a lot of Al Ain’s games on television. For me, they are the best team in the league, the way the play their football and their philosophy is fantastic. And this player is outstanding.
“In my opinion he can play in any league in Europe. Even as the coach of the opponent, I enjoy watching him play. He has so many touches; everything he does when he gets the ball alerts the whole stadium because you can expect something good is coming up. He’s a fantastic player.”
Abdulrahman, 24, has long been linked with a transfer to Europe and in the past has reportedly rejected offers from Arsenal and Benfica, with Manchester City, Valencia and Hamburg also linked. In February last year, shortly after starring with the UAE at the Asian Cup, Abdulrahman signed a new contract with the club, committing until 2018. Then, he said he would happily stay “for a lifetime”.
Al Ain, meanwhile, have always maintained they would be willing to let their prize asset leave, but only if the right deal could be struck for all parties concerned.
This season, Abdulrahman has again been one of the best players in the Arabian Gulf League and has scored four goals in 23 matches in all competitions. He does, however, lead in league assists, with 11 in 17 games.
“He’s the architect,” Ten Cate said. “He’s able to let other people score, he’s able to score himself. It’s a constant threat. There are a lot of teams and a lot of coaches in this league and nobody has been able to stop him so far.
“Every game, over and over again, he’s the key player on the pitch. Let’s enjoy him, let’s enjoy watching him and hopefully the next time we play against him he has a bad day, like every player sometimes does.
“And that then decreases Al Ain’s chances of winning as well, because the team is 20 per cent Omar. Then you have the rest. He’s really that good.”
jmcauley@thenational.ae
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Name: Brendalle Belaza
From: Crossing Rubber, Philippines
Arrived in the UAE: 2007
Favourite place in Abu Dhabi: NYUAD campus
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How to join and use Abu Dhabi’s public libraries
• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.
• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.
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Haemoglobin disorders explained
Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.
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Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
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Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
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.
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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.”
Crops that could be introduced to the UAE
1: Quinoa
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4. Pearl and finger millet
5. Sorghum
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What is a Ponzi scheme?
A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
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MATCH INFO
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Midnight (Thursday), BeIN Sports
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