ABU DHABI // Star Crowned will be looking to build on his recent win as he heads eight entries in today's featured conditions race at the Jebel Ali's second meeting.
The five-year-old son of Kingmambo returns to the track where he won the featured sprint a fortnight ago to tackle a longer 1,600-metre distance under the same jockey Tadhg O'Shea.
The trainer Rashed al Bouresly, having seen him lead a 1-2 finish for the stable over the minimum trip, is bullish about his chances.
"It is the first time he is running over this distance since moving to my stables," he said. "He has run this distance before and has shown a liking to run longer when in training. So we'll hope he stays the distance."
Star Crowned rounded off a remarkable season with a creditable fifth in the Krisflyer International in Singapore. He ran a blinder to finish third in the Golden Shaheen on the Dubai World Cup night, and also holds the course record over the minimum trip at Nad Al Sheba.
Dhruba Selvaratnam, who is well represented on his home track, leads the challenge with Mandobi and Yasoodd, along with the champion trainer Doug Watson's Royal Prince, who returns in nearly two years, and Satish Seemar's veteran campaigner Anani. Salvaratnam, who saddled a treble in the Jebel Ali's first meeting, said: "Mandobi ran a pretty good race over the sprint distance and the mile will suit him better. Yasoodd doesn't like the dirt but we want to give him a run with the two races in Abu Dhabi in mind."
Chun Tosaigh steps up from a maiden. Mannjal is coming after a hard race and Alo Pura's has to carry top weight for her first run.
The Jebel Ali trainer can set the ball rolling with Chun Tosaigh in the first of the six races for the thoroughbreds.
The three-year-old colt will have most to fear from Mike de Kock's Zajel, who looks an interesting entry on his debut in the country.
Ommraan finished a decent third after improving from a slow start behind Tri Another Cat in only his second career start since Sep 2006.
apassela@thenational.ae
JEBEL ALI CARD
2.00pm SHEIKH HAMDAN AL MAKTOUM BREEDER'S ASSOCIATION CUP
1,200m (PA) Maiden Dh 40,000
1. 30-4 ABYAN II (6y b h) 56 M.Akram ? R.Hills 8
2. 0- AL SHA'YET W'RSAN (5y ch h) 56 Jaci Wickham ? R.Mullen 2
3. -0 ILLA ANA (4y ch c) 56 R.Simpson ? Sphie Doyle (3kgs) 13
4. -0 MAAZOOF (5y ch h) 56 M.Akram ? Lisa Jones 14
5. -0 RENEGADE (4y gr c) 56 J.Bittar ? C.Taylor 1
6. - ROMEO (4y b c) 56 J.Bittar ? J.Rosales 3
7. -0 RS INAAM (4y b c) 56 J.Bittar ? D.Badel 6
8. - SHABASH (4y gr c) 56 A.Manuel ? R.Ffrench 12
9. 0-20 TIMOOR (5y ch h) 56 E.Lemartinel ? T.O'Shea 16
10. - WAID (4y ch c) 56 D.Watson ? F.Jara 10
11. -0 BINT AMER (4y gr f) 54 S.Deeb ? M.Henry 11
12. 50- DESERT ASALAH (4y b f) 54 E.Charpy ? S.Gorey (1.5) 9
13. - JADHEBEH W'RSAN (4y ch f) 54 Jaci Wickham ? W.Buick 15
14. - LITANI (4y gr f) 54 A.Manuel ? A.Nicholls 5
15. - MAWZOONA (4y b f) 54 R.Simpson ? J.McGinn 7
16. -0 WAFIDAH (4y gr f) 54 R.Simpson ? D.O'Donohoe 4
17. - 334 HILAL AL EID (4y b c) 56 S.Deeb ? RESERVE
18. 3-45 CASHMERE (5y ch m) 54 M.Ramadan ? RESERVE
19. 50-0 SIFAN (4y ch c) 56 M.Kettle ? RESERVE
20. 4-06 GRP BAGHDAD (4y b c) 56 B.Al Ketbi ? RESERVE
2.45PM ARABIAN SCANDINAVIAN INSURANCE
1,000m (TB) Handicap (rated 50-65) Dh 55,000
1. 00-0 TOOLITTLEYOURLATE (3y db/br c) 62 S.Seemar ? W.Smith 2
2. 23-3 SECRET PLACE (7y ch g) 61.5 A.Selvaratnam ? F.Jara 8
3. 00-0 BUSCAPE (6y db/br m) 59.5 S.Seemar ? R.Mullen 5
4. 5-21 CHUN TOSAIGH (3y ch g) 59.5 D.Selvaratnam ? W.Buick 7
5. 000- GOLD TOUCH (6y b h) 59.5 D.Selvaratnam ? G.Temperini 9
6. 650- ZAJEL (5y b h) 59.5 M.De Kock ? T.Durcan 4
7. 000- TULIPA DI JOB (6y b m) 58.5 A.Selvaratnam ? T.O'Shea 1
8. 055- SAND CAT (5y b g) 58 D.Watson ? D.O'Donohoe 6
9. 0-06 PRINCE OF DENMARK (7y b g) 55 A.Al Tamimi ? G.Birrer 3
3.15pm AL SAFAR INVESTMENTS
1,950M (TB) Handicap (50-75) Dh 60,000
1. 1-3 OMMRAAN (4y ch g) 57.5 D.Selvaratnam ? W.Buick 2
2. 10-6 LE SINGE NOIR (4y b g) 55 E.Charpy ? T.O'Shea 5
3. -520 OTRANTO (6y ch h) 54 A.Al Raihe ? R.Ffrench 6
4. 00-2 TABREED (6y br h) 53 D.Watson ? D.O'Donohoe 3
5. 5-50 BALLYCHACE (7y ch g) 52 S.Seemar ? R.Mullen 1
6. 0-03 JACKSON (6y ch g) 52 D.Watson ? F.Jara 4
3.45pm SHADWELL FARMS
1,600m (TB) Conditions Dh 120,000
1. 35-1 STAR CROWNED (5y b h) 58.5 R.Bouresly ? T.O'Shea 2
2. 610- ANANI (8y ch g) 58 S.Seemar ? R.Mullen 6
3. 10-3 MANDOBI (7y ch h) 56.5 D.Selvaratnam ? W.Buick 3
4. 20-0 MONTPELLIER (5y b/br g) 56.5 A.Al Raihe ? R.Ffrench 5
5. 500- ADVICE (7y b g) 55 S.Seemar ? D.O'Donohoe 1
6. 6-44 FLEETING SHADOW (4y b c) 55 A.Al Raihe ? A.Ajtebi (1.5) 4
7. 201- ROYAL PRINCE (7y gr h) 55 D.Watson ? F.Jara 7
8. 330- YASOODD (5y br g) 55 D.Selvaratnam ? T.Durcan 8
4.15pm AL SAFAR GROUP
1,400M (tb) Maiden Dh 60,000
1. 2-54 CHANGE ALLEY (3y b c) 55 A.Al Raihe ? R.Ffrench 5
2. 000- GLOBAL LEADER (6y b g) 55 M.Kettle ? Salima al Taleei (4.5) 2
3. 23-0 SURPRISE PACKAGE (3y ch g) 55 R.Simpson ? R.Mullen 3
4. 0-6 WAR SWORD (5y ch g) 55 A.Al Tamimi ? C.Avery 4
5. 440- UNTOUCHABLE BIRD (3y ch f) 53 R.Simpson ? D.O'Donohoe 1
4.45pm EMIRATES NBD
1,400m (TB) Handicap (70-95) Dh 85,000
1. 1-21 MANNJAL (6y ch g) 60 D.Selvaratnam ? W.Buick 11
2. 0-54 AQMAAR (4y b c) 58.5 E.Charpy ? D.Badel 1
3. 156- HEART BEAT (5y b g) 58.5 A.Al Raihe ? A.Ajtebi (1.5) 8
4. 00-6 ESTIHDAAF (7y db/br g) 58 A.Al Raihe ? R.Ffrench 5
5. 6-45 MUZDAHER (6y b h) 57 D.Watson ? R.Hills 9
6. 651- JANADEL (9y b h) 56 D.Watson ? D.O'Donohoe 6
7. 0-04 ALWAYS EMIRATES (5y b h) 54 M.Al Muhairi ? W.Smith 2
8. 05-3 CELTIC KING (5y b g) 54 M.Al Muhairi ? D.Smith 3
9. 4-42 NOISY SILENCE (4y b c) 54 A.Manuel ? A.Nicholls 7
10. 212- CONFEDERATION (6y db/br g) 53.5 S.Seemar ? R.Mullen 10
11. 00-0 GALFAR (7y ch h) 53.5 E.Charpy ? T.O'Shea 4
5.15pm AL YAQOUB GROUP
1,200m (TB) Handicap (60-85) Dh 65,000
1. 221- ALO PURA (4y b f) 62 D.Selvaratnam ? W.Buick 6
2. 00-0 NORTHERN SPLENDOUR (6y ch g) 61.5 A.Al Raihe ? R.Ffrench 2
3. 506- BELPASSO (5y ch g) 59 M.Al Muhairi ? W.Smith 9
4. 010- PEDRO PICAPIEDRAS (4y ch g) 57 O.Mohammed ? F.Jara 4
5. 50-5 SEEKING AN ALIBI (6y ch g) 56 A.Bin Huzaim ? A.Ajtebi (1.5) 1
6. -440 DONIA DUBAI (5y b m) 54.5 R.Bouresly ? K.John 5
7. 10-0 CAVALARRA (6y b g) 53.5 A.Bin Huzaim ? T.Durcan 7
8. 6-02 BLUE GLORY (5y b g) 52 E.Charpy ? T.O'Shea 8
9. 032- KEPT FAITH (5y ch g) 52 A.Bin Huzaim ? J.Rosales 3
Selections:
2.00pm: Abyan II - RS Inaam
2.45pm: Chun Tosaigh - Zajel
3.15pm: Ommraan - Tabreed
3.45pm: Star Crowned - Mandobi
4.15pm: Change Alley - Surprise Package
4.45pm: Mannjal - Noisy Silence
5.15pm: Alo Pura - Seeking An Alibi
J%20Street%20Polling%20Results
%3Cp%3E97%25%20of%20Jewish-Americans%20are%20concerned%20about%20the%20rise%20in%20anti-Semitism%3Cbr%3E%3Cbr%3E76%25%20of%20US%20Jewish%20voters%20believe%20Donald%20Trump%20and%20his%20allies%20in%20the%20Republican%20Party%20are%20responsible%20for%20a%20rise%20in%20anti-Semitism%3Cbr%3E%3Cbr%3E74%25%20of%20American%20Jews%20agreed%20that%20%E2%80%9CTrump%20and%20the%20Maga%20movement%20are%20a%20threat%20to%20Jews%20in%20America%22%3Cbr%3E%3C%2Fp%3E%0A
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
Score
Third Test, Day 1
New Zealand 229-7 (90 ov)
Pakistan
New Zealand won the toss and elected to bat
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
COMPANY%20PROFILE
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Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
The biog
Year of birth: 1988
Place of birth: Baghdad
Education: PhD student and co-researcher at Greifswald University, Germany
Hobbies: Ping Pong, swimming, reading
Sri Lanka's T20I squad
Thisara Perera (captain), Dilshan Munaweera, Danushka Gunathilaka, Sadeera Samarawickrama, Ashan Priyanjan, Mahela Udawatte, Dasun Shanaka, Sachith Pathirana, Vikum Sanjaya, Lahiru Gamage, Seekkuge Prasanna, Vishwa Fernando, Isuru Udana, Jeffrey Vandersay and Chathuranga de Silva.
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Generation Start-up: Awok company profile
Started: 2013
Founder: Ulugbek Yuldashev
Sector: e-commerce
Size: 600 plus
Stage: still in talks with VCs
Principal Investors: self-financed by founder
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENamara%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJune%202022%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EMohammed%20Alnamara%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EMicrofinance%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E16%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFamily%20offices%0D%3Cbr%3E%3C%2Fp%3E%0A
The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 240hp at 5,500rpm
Torque: 390Nm at 3,000rpm
Transmission: eight-speed auto
Price: from Dh122,745
On sale: now
The specs
Engine: 1.6-litre 4-cyl turbo
Power: 217hp at 5,750rpm
Torque: 300Nm at 1,900rpm
Transmission: eight-speed auto
Price: from Dh130,000
On sale: now
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.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh289,000
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
UAE currency: the story behind the money in your pockets
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
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.”
SPECS
Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now
The specs
Engine: 4-litre twin-turbo V8
Transmission: nine-speed
Power: 542bhp
Torque: 700Nm
Price: Dh848,000
On sale: now
COMPANY%20PROFILE
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Bookshops: A Reader's History by Jorge Carrión (translated from the Spanish by Peter Bush),
Biblioasis
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
Killing of Qassem Suleimani
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
Wenger's Arsenal reign in numbers
1,228 - games at the helm, ahead of Sunday's Premier League fixture against West Ham United.
704 - wins to date as Arsenal manager.
3 - Premier League title wins, the last during an unbeaten Invincibles campaign of 2003/04.
1,549 - goals scored in Premier League matches by Wenger's teams.
10 - major trophies won.
473 - Premier League victories.
7 - FA Cup triumphs, with three of those having come the last four seasons.
151 - Premier League losses.
21 - full seasons in charge.
49 - games unbeaten in the Premier League from May 2003 to October 2004.
COMPANY%20PROFILE%20
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Specs%20
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Company%20Profile
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
