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FAB: GCC Will Outperform Global Economy in 2024

  • Group’s Global Investment Outlook 2024 report recommends buyers diversify asset allocation, factors to alternatives in MENA ESG investing.

The economies of the UAE and Gulf nations will outpace the worldwide forecast for 2024, helped by the home multi-year funding cycle within the area, based on First Abu Dhabi Bank’s 2024 Global Investment Outlook (GIO) Report: ‘Making a positive impact.’

Despite latest geopolitical headwinds and muted world restoration, FAB expects nationwide and regional progress to be pushed by the strong demand in tourism, actual property, transportation, and manufacturing sectors. FAB sees the UAE’s GDP increasing 3.7% in 2023 and 4% in 2024, and the GCC’s by 3.4% in 2024 — larger than the IMF’s world forecast of three.1% and a couple of.1% for the United States in 2024.

The GIO report, written by the financial institution’s business specialists, examines the present world financial and funding atmosphere, offering insights into key macroeconomic tendencies.

FAB’s outlook notes that the GCC area continues to be supported by robust progress in non-oil GDP, with 3.4% anticipated within the medium time period as nations within the area proceed to diversify their economies.

In monetary markets, FAB recommends buyers diversify the asset allocation of their portfolios as market and financial volatility appears to be like more likely to proceed in 2024 and construct a defensive portfolio to supply flexibility. The report factors out tailwinds resembling larger fiscal spending, speedy disinflation and a decent labour market up to now supporting consumption and spending and lifting world fairness markets however notes a delayed impression of financial coverage selections might quickly take impact till rates of interest and inflation come down.

Michel Longhini, Group Head of FAB Global Private Banking, stated: “Investors might want to stay cautious given the rise and heightened ranges of rates of interest which can proceed to impression economies and geopolitical dangers which might enhance volatility. Global financial progress is predicted to decelerate in 2024. However, our regional markets look resilient, with financial progress anticipated to choose up, pushed by profitable financial diversification and reforms.

“In the ESG investing space, MENA markets provide some interesting opportunities along with diversification benefits for global portfolios. This year’s Global Investment Outlook theme — ‘Interest Rate Peaks and ESG Integration: Shaping the Future of Global Asset Allocation’ — identifies these investment opportunities and addresses key issues that will drive return for investors. FAB clients can benefit from the input and the research of the entire team of economists and investment professionals whose views have been brought together here.”

Alongside key financial indicators, the FAB GIO considers a spread of tendencies shaping future progress prospects, together with a give attention to particular industries. The report contains targeted chapters on ESG (environmental, social and governance), oil, MENA markets outlook, rising markets outlook, world markets outlook, actual property, and developments in funding merchandise and options.

The GIO report additionally highlights what FAB believes are the 5 key dangers for 2024: synthetic intelligence, the US elections, tensions within the Middle East and Africa, local weather change, and US-China relations.

Source web site: www.dubaichronicle.com

F1 season opens with Verstappen in ‘a special galaxy’


Max Verstappen couldn’t have hoped for a greater begin to his bid for a fourth-consecutive Formula One title, with even rivals hailing his crushingly dominant show in Saturday’s season-opening Bahrain Grand Prix as being in “a different galaxy”.

The Dutch driver took the chequered flag 22.4 seconds away from his teammate Sergio Perez driving the same RB20.

He did it having began from pole, led each lap and with the quickest lap to finish a ‘grand slam’.

“Unbelievable, I think today went even better than expected,” stated Verstappen.

“It was quite a lot of enjoyable, I felt actually good within the automotive.

“It’s special to have these kind of days, where it all feels perfect and you feel at one with the car.”

An in depth-run qualifying on Friday and a relentless altering of the guard in apply, with three completely different groups occupying prime spot within the three periods and none of them Red Bull, had raised the prospect of a closer-run race on Saturday.

The seemingly untroubled ease of Verstappen’s win within the first race of a file 24-round season swiftly dashed these hopes, as a substitute giving approach to a way of resignation and foreboding.

The 26-year-old, barely breaking a sweat as he obtained out of the automotive, had equally gained final yr’s Bahrain season-opener from pole.

But that wasn’t as commanding as his win on Saturday, along with his successful margin then half what it was this yr and no quickest lap.

Nevertheless, it set the stage for Verstappen to log off 2023 with 19 wins from 22 races.

With his Red Bull tougher to catch, a minimum of on the proof of the 2024 season opener, there may be each risk he may go higher.

Rivals aren’t ruling out the prospect.

“Unfortunately, yes,” Mercedes boss Toto Wolff stated when requested if Verstappen may very well be uncatchable. “(We) simply should acknowledge his efficiency ranges are actually robust.

“I think today Max is not in a different league but he’s in a different galaxy — the performance is extraordinary.”

Source web site: www.dubai92.com

C.D.C. Shortens Isolation Period for People With Covid


Americans with Covid or different respiratory infections needn’t isolate for 5 days earlier than returning to work or faculty, the Centers for Disease Control and Prevention mentioned on Friday, a putting signal of adjusting attitudes towards the coronavirus.

People with respiratory sicknesses might resume each day actions if they’ve been fever-free for at the very least 24 hours with out the help of drugs and if their signs are enhancing, company officers mentioned.

Acknowledging that individuals will be contagious even with out signs, the C.D.C. urged those that finish isolation to restrict shut contact with others, put on well-fitted masks, enhance indoor air high quality and apply good hygiene, like washing arms and masking coughs and sneezes, for 5 days.

The pointers apply to Covid, influenza and respiratory syncytial virus, amongst different respiratory illnesses, which ought to make it simpler for folks to conform, Dr. Mandy Cohen, the C.D.C.’s director, advised reporters on Friday.

“Our goal here is to continue to protect those at risk for severe illness, while also reassuring folks that these recommendations are simple, clear, easy to understand and can be followed,” she mentioned.

Dr. Cohen famous the sharp decreases within the numbers of Covid-related hospitalizations and deaths this winter in contrast with these in earlier years, and mentioned a overwhelming majority of hospitalizations had occurred amongst Americans who didn’t obtain the most recent pictures.

Vaccination additionally decreases the probabilities of lengthy Covid, she added.

The C.D.C. final modified its coverage on isolation for these with Covid through the Omicron wave two years in the past, when file infections floor the nation to a halt. The isolation interval was minimize to 5 days from 10.

The company is unifying the advice for respiratory sicknesses as a result of the signs are sometimes onerous to inform aside, the viruses unfold in a lot the identical approach, and they are often prevented with comparable methods, mentioned Dr. Brendan Jackson, who leads the company’s respiratory virus response staff.

Some outdoors specialists applauded that change. “I think that makes a lot of sense, because people are not testing,” mentioned Dr. Céline Gounder, an infectious illness specialist at Bellevue Hospital Center and editor at giant for public well being at KFF Health News.

“If you don’t know which virus you have, how are you supposed to follow the right guidance for Covid versus flu versus R.S.V. versus the common cold virus?” she mentioned.

Even because the company was contemplating the change, some specialists expressed consternation that it’d lead the general public to suppose Covid was now not a menace. They additionally fearful that and not using a suggestion to isolate for 5 days, employers may strain staff to return to work earlier than they’re nicely.

Little has been completed to enhance indoor air high quality in most locations, and carrying masks will be socially uncomfortable for many individuals, Dr. Gounder mentioned.

“This is again putting a lot of burden on the individual to do the right thing by public health,” she mentioned. Making masks inexpensive and offering them in public areas and workplaces would assist folks observe the brand new pointers, she added.

Raynard Washington, well being director of Mecklenburg County, N.C., mentioned it was essential that officers continued to emphasise that Covid nonetheless posed severe dangers for many individuals.

Still, “having a streamlined, consolidated guidance across the respiratory viral portfolio will allow us to be able to do public health on the ground at the state and federal level, to send a very clear message to people,” he mentioned.

The suggestions are for most people and don’t apply to well being care settings or nursing properties.

Dr. Washington urged Americans to at all times contemplate that there could also be folks round them who’re at excessive threat from a coronavirus an infection.

“It’s not like people have on a sign that says, ‘I’m immunocompromised,’” he mentioned.

Source web site: www.nytimes.com

AI might go any human examination in 5 years, clear medical assessments: Nvidia CEO


The peak of synthetic intelligence developments may very well be reached in as quickly as 5 years, stated AI-chipmaker Nvidia’s chief govt officer Jensen Huang. He added that the opportunity of computer systems that may assume and act like people could arrive within the close to future.

Nvidia CEO stated that AI might advance quickly over the subsequent 5 years.(Reuters)

He was responding to a query at an financial discussion board held at Stanford University when he talked about how AI might take an enormous leap over the subsequent 5 years.

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While answering this query, the Nvidia CEO stated that the measure of AI developments rely upon the objective. If the objective is to go human assessments, then this synthetic basic intelligence (AGI) might arrive as quickly as 5 years.

“If I gave an AI … every single test that you can possibly imagine, you make that list of tests and put it in front of the computer science industry, and I’m guessing in five years time, we’ll do well on every single one,” he said.

As of now, AI can pass tests such as legal bar exams, but still struggles on specialized medical tests such as gastroenterology. But Huang said that in five years, it should also be able to pass any of them.

However, by other definitions, AGI could still be further away as scientists are still researching how the human brain actually works. “Therefore, it is exhausting to attain as an engineer” because engineers need defined goals, Huang said.

Huang also addressed a question about how many more chip factories, called “fabs” in the industry, are needed to support the expansion of the AI industry. Media reports have said OpenAI Chief Executive Sam Altman thinks many more fabs are needed.

The Nvidia CEO said that still many more chip factories are needed, but the AI chips get better and better with time and research, eventually slowing down manufacturing.”We’re going to want extra fabs. However, keep in mind that we’re additionally bettering the algorithms and the processing of (AI) tremendously over time,” Huang said. “It’s not as if the effectivity of computing is what it’s right this moment, and due to this fact the demand is that this a lot,” he added.

(With inputs from Reuters)

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Source web site: www.hindustantimes.com

H.H. Sheikh Mohammed evaluations ‘Billion Meals Endowment’ Tower plans


His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has considered the plans for the AED 800 million “Billion Meals Endowment” tower, to be constructed on Sheikh Zayed Road.

The UAE’s tallest endowment tower is a part of the 1 Billion Meals Endowment initiative’s initiatives geared toward rising the endowment property and obtain the best returns to assist present a meals security web for tens of thousands and thousands of individuals around the globe.

During his assembly with the 1 Billion Meals Endowment Board of Trustees, His Highness Sheikh Mohammed bin Rashid additionally reviewed the most recent initiatives and funding concepts underneath the initiative, which is operated underneath the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI).

“We want our humanitarian work to last for hundreds of years in the name of the UAE people. This project is a key step in our efforts to grow the endowment assets, all contributing to the main purpose of protecting vulnerable people everywhere from the risks of hunger,” His Highness Sheikh Mohammed bin Rashid mentioned.

“We aim to ensure the sustainability of our humanitarian efforts by creating a new model that derives from the UAE’s economic development,” he added.

His Highness was briefed in the course of the assembly on the design and worldwide requirements adopted for the tower, which is being developed by Wasl Properties.

He additionally reviewed the outcomes of a research performed by the Board of Trustees, analysing the potential funding dangers of the brand new challenge, together with deciding on the funding promising the most effective returns and least dangers, its compatibility with endowment legal guidelines and working its capital in accordance with related laws.

Mohammad Al Gergawi, Secretary General of Mohammed bin Rashid Al Maktoum Global Initiatives and Chairman of the 1 Billion Meals Endowment Board of Trustees, mentioned, “The endowment tower embodies the visions and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum to launch sustainable humanitarian projects that establish endowment work and bolster the future of UAE humanitarian efforts.”

He additionally famous that the institution of premium actual property endowments aligns with MBRGI’s mission of institutionalizing humanitarian, assist and social efforts.

Returns of the brand new actual property endowment can be devoted to offering a meals security community to thousands and thousands of individuals around the globe, serving to them overcome malnutrition and its challenges, he harassed. “MBRGI continues to carry out sustainable projects that provide security and stability to underprivileged individuals, alleviating their suffering and positively impacting their communities,” he concluded.

Source web site: www.dubai92.com

US makes first Gaza help airdrop as mediators search truce deal


The US has carried out the primary of what it mentioned can be a collection of humanitarian airdrops of meals into Gaza, as help companies warned of a rising humanitarian catastrophe within the Palestinian enclave within the absence of a ceasefire deal.

Three C-130 US army planes delivered greater than 38,000 meals right into a territory the place the United Nations says no less than 576,000 persons are one step away from famine circumstances. Palestinians posted movies on social media exhibiting bins of help being dropped. Jordanian forces additionally participated within the operation.

The White House has mentioned the airdrops can be a sustained effort, and that Israel helps them. Critics say airdrops are far much less efficient than help deliveries by truck.

US President Joe Biden introduced plans for the US airdrop on Friday, a day after the deaths of Palestinians queuing for help drew renewed consideration on the humanitarian disaster.

With talks in Egypt set to renew on Sunday, a senior US official mentioned the framework for a deal on a six-week ceasefire was in place, with Israel’s settlement, and trusted Hamas agreeing to launch hostages.

“The hostages have to be released,” the official advised reporters. “The deal is basically there. But I don’t want to create expectations one way or the other.”

Israel and Hamas have been negotiating through mediators together with Egypt and Qatar. Two Egyptian safety sources mentioned delegations from either side have been anticipated in Cairo on Sunday to renew oblique talks.

But Israel’s Ynet news cited an unnamed senior official as saying Israel wouldn’t ship a delegation to Cairo till it acquired a full listing of hostages who have been alive.

There was no fast remark from Israel or Hamas.

US Vice President Kamala Harris will meet Israeli struggle cupboard member Benny Gantz on the White House on Monday, a White House official advised Reuters.

In Jerusalem, 1000’s of Israelis marched to demand the discharge of about 134 hostages held by Hamas in Gaza. Protesters, led by households of hostages seized throughout Hamas’ lethal rampage by way of southern Israel on October 7, arrived on the metropolis at sunset.

Biden has mentioned he hopes a ceasefire might be in place by the holy month of Ramadan, which begins on March 10.

Source web site: www.dubai92.com

BRIT Awards: Raye units report at Britain’s pop music honours


Singer-songwriter Raye was the large winner on the BRIT Awards, the largest evening in British music, on Saturday, setting a brand new report for many prizes in a single evening on the annual ceremony.

Raye received six awards, together with for artist of the 12 months, album of the 12 months for My twenty first Century Blues and tune of the 12 months for Escapism.

The 26-year-old additionally triumphed within the style class for R&B act and was named greatest new artist. Her tally of seven nods had damaged the report for probably the most nominations by a single artist in anybody 12 months, in keeping with the annual ceremony’s organisers, the British Phonographic Industry (BPI).

Raye, who parted methods together with her report label in 2021 to work as an unbiased artist after she stated the label had withheld her debut album, started early celebrations this week, when she was named BRITs Songwriter of the Year. She is the primary lady to win the award since its launch in 2022.

“You just don’t understand what this means to me,” a tearful Raye stated in her acceptance speech for album of the 12 months, whereas standing subsequent to her grandmother, whom she additionally thanked for “her prayers”.

“I’m so proud of this album. I’m in love with music. All I ever wanted to be was an artist and now I’m an artist with an album of the year.”

Jungle received group of the 12 months, whereas rock band Bring Me the Horizon received the choice/rock act class, beating the likes of Blur and The Rolling Stones.

Blur, who had three nominations, went house empty handed.

Dua Lipa, who additionally had three nominations, received pop act.

More than half, 55 per cent, of this 12 months’s nominations featured girls – both as a solo artist or as a part of an all-woman group, the BPI stated.

Artist of the 12 months is a gender impartial class now counting 10 nominees after organisers doubled its quantity following an outcry over an all-male listing of contenders final 12 months.

US singer SZA received the gender impartial worldwide artist of the 12 months class, which additionally now counts 10 nominees, beating the likes of Taylor Swift and Miley Cyrus. The latter received worldwide tune of the 12 months for her hit Flowers.

Indie rock band boygenius received worldwide group of the 12 months

Ahead of the awards, Kylie Minogue was named as this 12 months’s BRITs Global Icon, whereas indie rock band The Last Dinner Party had been revealed as winners of the rising star award.

Source web site: www.dubai92.com

WTO extends e-commerce duties moratorium at Abu Dhabi assembly


In a serious improvement at its thirteenth Ministerial Conference (MC13) held in Abu Dhabi, the World Trade Organisation (WTO) prolonged the moratorium on customs duties for e-commerce till the convening of the 14th Ministerial Conference in 2026.

The determination represents a major achievement for the MC13 , which additionally noticed intensive discussions on key points shaping the way forward for world commerce.

Under a WTO moratorium, international locations don’t impose customs duties on cross-border e-commerce transactions. Since 1998, WTO member nations have periodically agreed to increase the moratorium. The final extension was agreed upon in the course of the earlier MC in June 2022.

The Ministerial Conference introduced collectively practically 4,000 ministers, senior commerce officers and different delegates from the WTO’s 164 members and observers in addition to representatives from civil society, enterprise and the worldwide media. Initially scheduled for February 26-29, the Conference was prolonged in a ultimate push to achieve outcomes on the assorted points at stake.

Members adopted the Abu Dhabi Ministerial Declaration, the place they dedicated to protect and strengthen the power of the multilateral buying and selling system, with the WTO at its core, to answer present commerce challenges.

The Ministerial Declaration underlines the centrality of the event dimension within the work of the WTO, recognising the position that the multilateral buying and selling system can play in contributing in the direction of the achievement of the UN 2030 Agenda and its Sustainable Development Goals. It additionally recognised the contribution of girls’s financial empowerment and girls’s participation in commerce to financial development and sustainable improvement.

Members recognised the position and significance of companies to the worldwide economic system because it generates greater than two-thirds of world financial output and accounts for over half of all jobs. They inspired the related WTO our bodies to proceed their work to overview and construct on all the teachings discovered in the course of the COVID-19 pandemic and to construct efficient options in case of future pandemics in an expeditious method.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and MC13 Chair, thanked members for his or her lively engagement in the course of the Conference. He famous that whereas not all the things that delegations got down to accomplish could possibly be delivered, the dedication proven will additional strengthen the multilateral buying and selling system.

In one other improvement, international locations agreed to decide to proceed negotiations in 2024 to attempt to resolve a disaster in its dispute settlement system whose prime courtroom has been hobbled for 4 years attributable to US opposition.

This means many commerce disputes are unresolved since international locations can enchantment them right into a authorized void and the WTO’s guidelines can’t be enforced.

India’s minister Piyush Goyal has stated it’s “sad” international locations are obstructing outcomes. He didn’t point out Washington instantly however stated he had raised a scarcity of progress on fixing the WTO’s dispute system with US Trade Representative (USTR) Katherine Tai in a gathering earlier this week.

Tai stated negotiations on the difficulty are optimistic and have proven progress. However, delegates say obstacles abound and are privately sceptical of them making a lot additional headway in a US presidential election yr.

In fisheries, international locations tried to comply with the second a part of a world WTO settlement to curb authorities subsidies that critics say encourage industrial fishing fleets to empty the world’s oceans. A primary half was agreed in 2022 and can take impact if and when sufficient international locations ratify it.

Many members, together with USTR’s Tai, noticed this because the most probably matter the place a deal could possibly be reached. Environmentalists say it is important for the world’s oceans.

The chair of the talks issued a brand new draft settlement on Friday morning with a number of sections nonetheless in yellow, indicating areas of non-agreement together with guidelines for phase-in intervals for growing international locations.

Source web site: www.dubai92.com

The enterprise of Sarah Nurse: She’s one of many faces of hockey, however her sights are set on extra


TORONTO — Sarah Nurse was driving house from a current PWHL Toronto observe when she obtained a little bit of sage recommendation.

It wasn’t from a podcast or a good friend on the telephone. The recommendation got here courtesy of a billboard on the facet of the street in Canada’s most populous metropolis, that includes her personal face with the Adidas slogan “You got this.”

“I was like, yeah, I do,” Nurse mentioned with fun.

The billboard she drove previous is one in every of many throughout the nation, together with a large commercial at Yonge-Dundas Square — Toronto’s closest approximation to Times Square in New York City — that pairs Nurse with Super Bowl MVP Patrick Mahomes and World Cup champion Lionel Messi.

Nurse, 29, has had main partnerships up to now. In 2020, Tim Hortons and Mattel collaborated to make a Barbie doll in her likeness. In 2022, she was featured on a Cheerios field. But within the two years since her breakout efficiency on the Beijing Olympics — wherein she broke a file for factors in a single match (18) — Nurse has change into one of many largest faces in ladies’s hockey.

She grew to become the primary girl to seem on the quilt of an EA Sports hockey online game with NHL 23. She was a key determine within the launch of the Professional Women’s Hockey League as a member of the player-led bargaining committee that struck a first-of-its-kind CBA in ladies’s skilled hockey. This month, she starred in a Canadian Super Bowl business and was one of many busiest athletes throughout NHL All-Star Weekend, showing at a number of league and companion occasions.

“Everywhere you turn, it’s like, there’s Sarah,” mentioned Canadian nationwide staff defender Erin Ambrose.

Nurse’s eight main endorsement offers put her forward of nearly each different skilled hockey participant, outdoors of a handful of NHL stars. Among ladies and gamers of coloration, she is in uncharted territory.

Her ascension has been years within the making — all a part of a fastidiously crafted marketing strategy developed by Nurse and her staff at Dulcedo Management, a expertise company, to make Nurse not simply one of many faces of the sport, however somebody with the form of movie star that transcends her sport.

“You don’t need to follow basketball to know who LeBron James is,” mentioned her agent, Thomas Houlton. “That’s what we want to do for Sarah.”

Sarah Nurse holds the Barbie dolls impressed by herself and Marie-Philip Poulin in 2020. (Courtesy of Tim Hortons)

When Nurse signed with Dulcedo in 2019, her repute as a participant was already sturdy.

At 24 years outdated, Nurse had already been a star on the University of Wisconsin, gained an Olympic silver medal and been drafted with the No. 2 decide within the now-defunct Canadian Women’s Hockey League. In these early days, Nurse was typically mentioned as one of many latest branches of a powerful athletic household tree.

Her father, Roger, was an elite lacrosse participant. Her aunt, Raquel, was a celebrated level guard at Syracuse University who married Philadelphia Eagles legend Donovan McNabb. Her cousins embody Kia Nurse, a two-time Olympian and WNBA all-star, and Darnell Nurse, a defenseman for the Edmonton Oilers.

With Nurse’s multifaceted enchantment, a number of brokers got here calling.

But after the 2018 PyeongChang Olympics, Nurse, who graduated with a enterprise diploma, was trying to discover her pursuits in style and wonder — fields which might be usually outdoors the areas of experience for conventional sports activities companies. Nurse, nonetheless, wasn’t taking part in in a typical sports activities panorama.

In the CWHL, gamers had been paid solely small stipends — Nurse mentioned she made $2,000 as a rookie within the league — which meant taking part in ladies’s skilled hockey was not a fundamental supply of revenue.

Dulcedo, which launched as a modeling company however has since expanded into different industries, together with sports activities, might give Nurse extra alternatives to department out.

“She didn’t just want to be known as Sarah Nurse, the hockey player,” defined Houlton. “And not just as a piece of the (family tree). … It’s been clear from the beginning that she really wanted to have her own legacy.”

“When I first signed with them,” Nurse mentioned, “I did this glamor photoshoot, and I’d never done anything like that before because I’m a hockey player — nobody gives me fake eyelashes or puts lipstick on me. I was like, this could be the start of something great, because I felt like they got me.”

Houlton signed Nurse to blue-chip sports activities companions like CCM and Adidas but in addition labored on increase her social-media profile to place her in areas outdoors of hockey. “No skincare brand is going to want to work with you if we don’t see skincare anywhere,” he defined.

On the ice, Nurse was in one other Olympic cycle with Team Canada main as much as the 2022 Games in Beijing and in the midst of a interval of upheaval in ladies’s skilled hockey. The CWHL folded in March 2019, and a lot of the gamers banded collectively to sit down out {of professional} hockey till a greater league was fashioned. Then the 2020 ladies’s world championships had been canceled as a result of COVID-19 pandemic.

The stakes had been excessive within the 12 months main as much as the Olympics. For athletes with out big-ticket skilled contracts, the once-every-four-year window the Games present is a essential second to earn a living — and a reputation for themselves. A knee damage throughout tryouts put into query whether or not Nurse can be wholesome sufficient to play.

“I came out of the world championships in Calgary and I was on the fourth line — that’s not a safe place to be. Then I blew up my knee,” Nurse mentioned. “So I’m going into Olympic tryouts and I’m like, I don’t know if I can make this team.”

To the teaching employees, regardless of the very fact she couldn’t skate within the months main as much as the match, Nurse had greater than confirmed her value to the Canadian nationwide staff.

“We knew that she was going to be a big part of our program if she was healthy enough to go,” mentioned Canada’s head coach, Troy Ryan. “The combination of her work ethic and the medical staff did a great job getting her back.”

“What I love about Sarah, as a teammate and as a hockey player, is that she does the little things right. She’s versatile in the sense that she can play center and play wing. She can win draws, she’s hard to play against, you can trust her in tough matchups,” mentioned Ambrose. “For so long with the national team, that was her m.o. Whatever you needed, she was there.”

Nurse made the staff and was wholesome in time for the beginning of the match. She additionally secured Olympic campaigns with General Mills, Sportchek, RBC and extra.

Team Canada rewrote the file books in Beijing, going undefeated within the match to win a gold medal. Nurse, who began the match on the fourth line, labored her approach as much as the highest line with Marie-Philip Poulin and Brianne Jenner, and broke Hayley Wickenheiser’s Olympic scoring file with 18 factors in six video games. She set a file for assists in a single match (13) and have become the primary Black girl to win an Olympic gold medal in hockey.

“That was really the catalyst for her to take that next step,” mentioned Houlton. “And really propelled us into what was the next phase of her life.”

Sarah Nurse attends a postgame convention after the PWHL three-on-three showcase at Scotiabank Arena throughout NHL All-Star Weekend. (Kevin Sousa / NHLI by way of Getty Images)

Ninety minutes earlier than the NHL All-Star red-carpet occasion, Nurse was in a resort room in downtown Toronto doing her hair, getting her make-up accomplished and capturing content material for her social media channels — nothing she wasn’t used to.

Her All-Star weekend obligations had began days earlier than, with media and promotional appearances. Earlier that morning, she was on the ice for an out of doors observe with the PWHL gamers chosen to symbolize the brand-new league on the NHL’s tentpole occasion. She then made a shock go to to a women hockey staff with teammates Renata Fast, Natalie Spooner and Adidas.

After leaving the resort, she’d stroll the purple carpet, shock one other women hockey staff — this time with Canadian Tire and Poulin — and, 12 hours after her day began, play within the PWHL three-on-three showcase at Scotiabank Arena. That a part of her schedule doesn’t embody the NHL expertise competitors, which Nurse was on the ice for on Friday evening, or the regular-season PWHL recreation she performed on Saturday.

“That whole week was a blur,” Nurse mentioned.

“I don’t even know if we were anticipating what occurred there in terms of, like, you can’t even walk a couple of steps without someone stopping and saying, ‘That’s Sarah Nurse, can I get a picture?’” Houlton mentioned. “It was amazing to see how far she’s come.”

Everything about Nurse’s NHL All-Star weekend suggests the plan has labored. In the final 12 months, Nurse has gotten so busy that Dulcedo added Phoebe Balshin to the staff as a senior athlete supervisor in January 2023. Her job was to create a extra strategic plan for Nurse’s model and assist her take the following step.

“When I first came on, a big conversation was: Sarah works with so many brands, but what is her brand? Who is she? What is her mission and vision?” Balshin mentioned. “So we basically built out a five-year plan with her to take us through Milan (the 2026 Olympics.)”

To refine the method, Nurse recognized 4 particular intersections of her personal pursuits and progress alternatives: hockey, style and wonder, entrepreneurship and group. A possible partnership should transfer the needle in at the least a type of classes.

“If something doesn’t align with me, we’re not going to do it,” Nurse mentioned.

Nurse now has eight main sponsors: Adidas, CCM, RBC, Canadian Tire, Tim Hortons, EA Sports, Chevrolet and, most lately, Dyson. She’s additionally signed different paid partnerships with magnificence manufacturers similar to Dove, L’Oréal and Revlon.

Brands focused Nurse after her Olympic efficiency, however that’s only one a part of the whole package deal. She’s outgoing with an affable allure, an infectious snicker and an ease on digital camera.

“It comes down to personality, and Sarah is very much one-of-one,” Houlton mentioned. “Sarah can show up on set straight out of bed and look amazing, sound amazing, and give the brand the best performance they’ve ever seen.”

Nurse is a biracial Black girl and is vocal in her assist of elevated illustration in a predominantly White sport. Her staff is cautious in regards to the intentions of potential sponsors. “I need to ask all the right questions to make sure that this brand is not just using her so they check their diversity box,” Houlton defined.

They’ve additionally labored with companions that Nurse already had in her portfolio to make sure that her objectives are being met — not simply the model’s personal goals.

During All-Star weekend, Nurse did a shoot with RBC that included Poulin and Toronto Maple Leafs star Auston Matthews, which oriented  Nurse as knowledgeable athlete — not simply as a ladies’s hockey participant. Her Adidas marketing campaign has her aligned with massive names outdoors of the game, similar to Mahomes and Messi. “Our goal is to get her neck and neck with the best,” Balshin defined.

Last week, Nurse launched “Nursey Night,” wherein she’s going to host younger Black women at PWHL Toronto video games, meet with them postgame and mentor them all year long. The concept began as a approach for Nurse to offer away her brother’s season tickets each occasionally however it ended up with a $50,000 donation from Rogers and a partnership with Black Girl Hockey Club, a non-profit group targeted on making hockey extra inclusive.

“People want to be involved in anything she does,” Balshin mentioned. “That’s kind of how we snowball things over here.”

On high of promotional appearances and occasions, Nurse posts paid promotions on social media and has gotten extra lively on TikTook, posting movies whereas doing her make-up or skincare, or offering motivation to younger women and girls who go to her channels. Everything will get put right into a content material calendar that Balshin manages, and each morning she sends Nurse a textual content outlining “everything we have to worry about today.”

“She has made our lives a lot happier,” Nurse mentioned. “We got to a point where there was just too much happening and we couldn’t facilitate everything.”

With every part happening off the ice, it’s simple to overlook that Nurse is one in every of Canada’s greatest hockey gamers and a face of the PWHL in Toronto. She’s additionally the vice chairman of the PWHL Players Association and is on the Hockey Canada participant committee.

Sarah Nurse skates towards PWHL Montreal’s Mariah Keopple at Scotiabank Arena. (Mark Blinch / Getty Images)

“I would love to sit down and see her calendar,” Ambrose mentioned. “I am in awe of what she does away from the rink. I am in awe of what she does at the rink. I truthfully don’t know how she does it but I love her for it.”

Nurse is aware of it appears like there’s so much on her plate however insists she’s excellent at compartmentalizing. Ryan, additionally her coach with PWHL Toronto, says Nurse’s different obligations have “never negatively impacted who she is as a player.”

“I think she’s found ways to actually use it to make sure she still has an impact in the game,” he mentioned. “She’s under a spotlight and under a microscope so much. I think that sense of pride she probably gets with that has probably forced her to do the extra work.”

“I’m very conscious of the fact that for me to do all of this other stuff, I need to perform my best on the ice,” added Nurse, who scored two objectives on Tuesday evening, together with the sport winner towards Minnesota.

Gone are the times of gamers similar to Nurse making solely $2,000 a season to play hockey. In the PWHL, the minimal wage $35,000, with some high gamers making as a lot as $100,000. Still, even the league’s greatest gamers aren’t getting wealthy taking part in ladies’s skilled hockey.

“The marketing does mean a lot to them and is a main source of income,” Balshin mentioned.

The work that Nurse is placing in can also be laying the observe for all times after hockey, each time that comes. It would take one thing unexpected for Nurse to not be on the 2026 Olympics.

Nurse has thought of pursuing a number of paths, from actual property funding to launching a clothes line or a manufacturing firm. “I definitely have aspirations to expand and grow into different sectors,” she mentioned.

“We want her to be a face of hockey, period, not just women’s hockey. And of inclusion in sport,” Balshin mentioned. “She wants to show young girls that they can be so many things.”

(Illustration: Daniel Goldfarb / The Athletic. Photos: Mark Blinch / Getty Images, Nicole Osborne / NHLI by way of Getty Images)

Source web site: theathletic.com

Dubai Hosts Action-Packed Festivities to Mark the Chinese New Year


As the colourful celebrations of the Chinese New Year, curated by Dubai Festivals and Retail Establishment (DFRE), proceed to take over Dubai, residents and guests alike can count on a weekend filled with breathtaking aerial shows, household leisure, delectable eating experiences, unique retail gives, and rather more.

Breathtaking Drone Shows and Fireworks

On 10 February, a spectacular drone present will illuminate the skies above the enduring Burj Al Arab. Over 1,500 drones will create a 300-metre-long Chinese dragon at 7.30 pm, marking the primary occasion of drones manoeuvring round a constructing.

At Dubai Festival City Mall, guests can expertise the magic of a Dancing Dragon efficiency and the immersive IMAGINE present from 9 to 11 February. Additionally, to mark the tip of the Chinese New Year festivities, the mall will illuminate the sky with breathtaking fireworks at 9 pm on 11 February.


Immersive Experiences and Family Entertainment

La Perle invitations residents and guests to have fun the Year of the Dragon with a particular 20 per cent off on tickets till 11 February. Ticket holders can expertise the joys of Chinese New Year with a meet and greet that includes the La Perle King, Prince, and Lion on 10 and 11 February. Families can take pleasure in a enjoyable Sunday with youngsters’ face portray and fascinating actions.

Jumeirah Lakes Towers will come alive with charming dragon and lion dances, energetic drum exhibits, and fascinating arts and crafts actions on 10 February at JLT Park.

IMG Worlds of Adventure and Dubai Parks & Resorts are additionally internet hosting a sequence of vibrant exhibits and interactive experiences till 20 February, celebrating the Chinese New Year in grand type.

Exclusive Shopping Offers

Dubai Festival City Mall gives Chinese guests and residents a ten per cent cashback when buying a present card value AED300 or extra, and two fortunate buyers stand the possibility to win a present card value AED10,000 every. 

At Mall of the Emirates, Chinese guests and residents can benefit from every day prizes and unique offers, together with incomes 10X SHARE factors on purchases. Daily prompt prizes are additionally up for grabs, starting from mall reward playing cards to thrilling rewards resembling AED100,000 in mall reward playing cards, airline tickets, gold cash from Damas, and electronics.

For added financial savings, clients can use Alipay or WeChat Pay at taking part Al Tayer shops throughout the Dubai Mall and Mall of the Emirates to get 15 per cent off on full-priced objects till 16 February. Participating manufacturers embrace Moschino, Coach, Emporio Armani, Giorgio Armani, and extra. 

Damas provides magnificence to Chinese New Year with a particular provide and invitations buyers to obtain a complimentary Damas candle with purchases over AED3500. Chinese residents and guests may take pleasure in 10 per cent off on licensed diamonds and 30 per cent off on Kallista rings throughout a number of boutiques.Meanwhile Galeries Lafayette presents gives with as much as 40 per cent financial savings on skincare manufacturers like Valmont, Shiseido, Sisley, and extra till 10 February.

Shoppers may discover nice offers at common manufacturers resembling Bloomingdale’s, Mamas & Papas, Ahmed Seddiqi & Sons, Odora, Watsons, and Xiaomi with gives together with particular costs and presents with purchases throughout a number of branches.

Exciting Dining and Hospitality Offers

Trader Vic’s Palm, Hilton Dubai Palm Jumeirah will host a Chinese New Year Brunch on 10 February, that includes scrumptious island bites, meat stations, sharing platters and free-flowing drinks, beginning at AED350 per particular person.

Al Dana at Millennium Plaza Downtown Hotel invitations friends to affix within the festivities on 10 February and revel in a tasty buffet and gentle beverage bundle for AED167.

Movenpick Grand Al Bustan Hotel & Convention Centre will host a particular Mashawi theme night time on 10 February. This fusion expertise combines the vibrancy of Chinese tradition with the heat of Movenpick hospitality. Prices begin from AED220 for a buffet with gentle drinks.

Guests staying at Jumeirah Emirates Towers and Al Habtoor Polo Resort may take pleasure in particular Chinese New Year gives, together with financial savings on stays, eating, and spa experiences.

Dubai’s Chinese New Year festivities finale promise a weekend crammed with pleasure, pleasure, and unforgettable experiences. 

Full particulars of the Chinese New Year in Dubai calendar of promotions and occasions could be discovered on CNYINDUBAI.COM., @styledbydubai, and @celebratedubai

Source web site: www.dubaichronicle.com