The ignominy of missing out on making history with Bangladesh - when the Tigers beat West Indies in the Test series - did wonders to Abdur Razzak late on Sunday. The slow left-armer used up some of that pent-up energy to help the touring side win the opening one-day international against West Indies by 52 runs.
Razzak, who was prevented from bowling in international cricket in Dec 2008 due to a suspect action before having his suspension lifted in March, opened the bowling and took four wickets for 39 runs as Bangladesh defended a target of 247 at international cricket's newest venue of Windsor Park, Dominica. "This [performance] was important for me," Razzak said. "I was out of the team for eight months, and now I am back in the side, I am looking to do well.
"I was not surprised when the captain [Shakib al Hasan] gave me the new ball, especially the way the pitches have been playing in the Caribbean during this series. "When I played in the Caribbean in the 2007 World Cup, I also used the new ball, so it's normal." The victory gives Bangladesh a 1-0 lead in the three-match series with the second one-dayer scheduled for the same venue today, and the final match on Friday at Warner Park in St Kitts.
Razzak again exposed the West Indies' frailty to spin bowling, after Bangladesh, sent in to bat, were restricted to 246 for nine from their allocation of 50 overs. Mohammed Ashraful hit the top score of 57 and Shakib stroked 54 to lead the Bangladesh batting, despite Kemar Roach taking a career-best five for 44. But Razzak then gave Bangladesh a boost, when he trapped West Indies opener Dale Richards lbw for one in the second over.
Bangladesh continued to build the pressure, particularly with their spin bowlers operating from very early, and West Indies slumped to 42 for four in the 12th over. Devon Smith and Dave Bernard Jr added 78 for the fifth wicket to stabilise West Indies. But Shakib, bowling his left-arm spin, made the breakthrough in the 29th over, when he trapped Smith lbw for the top score of 65. Naeem Islam scalped Bernard caught at deep mid-wicket for 38 three overs later to leave West Indies 130 for six. Rawl Lewis then put on 41 with Darren Sammy for the seventh wicket before Rubel Hossain bowled him for 21 in the 40th over.
Bangladesh found little resistance from the remaining West Indies batsmen, although Sammy got 28 before Razzak trapped him lbw in the 42nd over. West Indies captain Floyd Reifer captain expressed concern over the top-order's batting performance, which has not been up to the mark in the past month, especially with no time left to prepare for the next match. "We lost the game with our batting," Reifer said. "We didn't get the start we wanted from the top, and this is something that is worrying us at the moment.
"We are not getting enough partnerships at the top of the innings. We are quite happy with the balance of the team." * With agencies
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Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
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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
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Adele: The Stories Behind The Songs
Caroline Sullivan
Carlton Books
The specs: 2018 Jeep Compass
Price, base: Dh100,000 (estimate)
Engine: 2.4L four-cylinder
Transmission: Nine-speed automatic
Power: 184bhp at 6,400rpm
Torque: 237Nm at 3,900rpm
Fuel economy, combined: 9.4L / 100km
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The specs
Engine: 2.0-litre four-cylinder turbo
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The specs: 2017 Dodge Ram 1500 Laramie Longhorn
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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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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Poacher
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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A Cat, A Man, and Two Women
Junichiro Tamizaki
Translated by Paul McCarthy
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Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
What are the GCSE grade equivalents?
- Grade 9 = above an A*
- Grade 8 = between grades A* and A
- Grade 7 = grade A
- Grade 6 = just above a grade B
- Grade 5 = between grades B and C
- Grade 4 = grade C
- Grade 3 = between grades D and E
- Grade 2 = between grades E and F
- Grade 1 = between grades F and G