Al Ahli are on the brink of a record treble in UAE football if they can beat Al Ain in the President's Cup on Sunday night. Satish Kumar / The National
Al Ahli are on the brink of a record treble in UAE football if they can beat Al Ain in the President's Cup on Sunday night. Satish Kumar / The National

Al Ahli just 90 minutes away from the UAE’s first treble



About a month ago, just after Al Ahli had wrapped up the Arabian Gulf League title with a 2-1 win over Al Wasl, assistant manager Catalin Raducan talked about the two options ahead for his team.

To be content with merely having a “good season”, or turning it into a “fantastic” campaign.

Good would mean being pleased with the Arabian Gulf League (AGL) title and the season-opening Super Cup success; fantastic meant adding the Arabian Gulf Cup and the President’s Cup and going down in UAE football annals as the first team to make a clean sweep of the domestic competitions.

Relentless in their pursuit of history, manager Cosmin Olaroiu’s men defeated Al Jazira last month to add the Arabian Gulf Cup to their list. Now comes the final frontier – the President’s Cup final against Al Ain on Sunday night.

“The competition is great. The honour is greater.”

These eight words, the tagline on adverts promoting the President’s Cup final, sum up the sentiments in the Ahli camp.

“In life, how many times will you get such an opportunity – to win four titles in a season,” Raducan said. “You can only dream of such moments.

“So merely reaching the final of the President’s Cup is not enough for us. We want to win this title. We have forgotten about the past, those three titles that we have won, and our focus is just on this final, because winning this match would put this team in the record books for eternity.”

Winning tonight would also give Al Ahli a record nine President’s Cup crowns, one more than Sharjah.

A loss tonight, on the other hand, has the potential to sour what has been, without a doubt, one of the most dominant seasons by a team in domestic football. Basheer Saeed, the veteran Ahli defender, is aware of that.

“We are not going to allow the final 90 minutes of our season to spoil the joy of all those previous three titles,” Saeed said. “There is a great responsibility on us to make sure that does not happen.

“So we have forgotten about the past and remain totally focused. We are not content with what we have achieved, because we are like a raging fire that wants to devour everything in front of us.

“In every competition, our target has been the podium, and not the second place, and it will be the same on Sunday evening.”

Indeed, Ahli, this season, have been like an inferno that refuses to abate. As Raducan pointed out, the team lost just once “on the pitch” during their AGL campaign and only two other matches – to Al Dhafra in the League Cup and Al Sadd in the Champions League. And they have played 43 games.

“This is a very special team,” Raducan said. “When I look into the eyes of the Ahli players, I can see the hunger to win every game, every championship. These players never surrender and fight furiously till the end, and they have already proven it through the season.

“So while we have nothing but respect for Al Ain, I am confident they will prove it again in the final. We know Al Ain are at their best this moment, as they have qualified for the quarterfinal of the Champions League, but we have beaten them three times this season and we are pretty confident of doing it a fourth time.”

The Super Cup aside, just 90 minutes, then, stand between Ahli and the UAE’s first treble. A great competition carries an even greater honour for them.

arizvi@thenational.ae

Follow our sports coverage on twitter at @SprtNationalUAE

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Cryptojacking: Compromises a device or network to mine cryptocurrencies without an organisation's knowledge.

Distributed denial-of-service: Floods systems, servers or networks with information, effectively blocking them.

Man-in-the-middle attack: Intercepts two-way communication to obtain information, spy on participants or alter the outcome.

Malware: Installs itself in a network when a user clicks on a compromised link or email attachment.

Phishing: Aims to secure personal information, such as passwords and credit card numbers.

Ransomware: Encrypts user data, denying access and demands a payment to decrypt it.

Spyware: Collects information without the user's knowledge, which is then passed on to bad actors.

Trojans: Create a backdoor into systems, which becomes a point of entry for an attack.

Viruses: Infect applications in a system and replicate themselves as they go, just like their biological counterparts.

Worms: Send copies of themselves to other users or contacts. They don't attack the system, but they overload it.

Zero-day exploit: Exploits a vulnerability in software before a fix is found.

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
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Transmission: eight-speed automatic

Power: 390bhp

Torque: 400Nm

Price: Dh340,000 ($92,579

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Rating: 2/5

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Age 32

Country United Kingdom

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Pole positions 67

Wins 57

Podiums 110

Points 2,423

World Championships 3

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UAE currency: the story behind the money in your pockets
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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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