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Desert Vipers seal five wicket victory against the MI Emirates as Fakhar Zaman dazzles in Dubai

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Fakhar Zaman lit up the Dubai International Stadium with a stellar knock of 67 runs in 52 deliveries to secure a five-wicket victory for the Desert Vipers against the MI Emirates.

Fakhar Zaman and Alex Hales’ knock of 34 runs gave the Vipers a strong start in the run chase. Zaman and Sam Curran then erected a 65-run stand through the middle overs while Sherfane Rutherford powered his way to 21 runs in eight balls to chase the target of 160 in 19.1 overs.

Electing to bat first, the MI Emirates had a promising start but could not extend it into the middle overs. However, the MI Emirates scored 34 runs in the last two overs, with Kieron Pollard and Romario Shepherd hitting two sixes apiece to finish at 159/6.

In response, the Desert Vipers’ opening combination of Alex Hales and Fakhar Zaman coasted through the powerplay to post 51 runs.

Alex Hales had made his way to 34 runs in 22 balls when he was cleaned up by a ripper from Waqar Salamkheil in the eighth over. Dan Lawrence was dismissed soon after, caught and bowled by Dan Mousley in the ninth over. Mousley scalped Azam Khan in the same manner in his next over to bring the score to 71/3 in 10.1 overs.

With wickets falling on one end, Fakhar Zaman limited his risks until he unleashed two sixes off Salamkheil in the 14th over. Zaman brought up a 44-ball half century studded with four sixes and three fours.

Zaman creamed two more boundaries in the next over, while Sam Curran joined in with a huge six to complete a second consecutive 16-run over. The pair’s 50-run stand in 31 balls shifted the momentum toward the Desert Vipers.

Zaman was finally dismissed by Zahoor Khan in the 17th over, with the Vipers chasing 24 runs in 18 balls.

The next batter, Sherfane Rutherford hit two boundaries while Zahoor Khan picked up his second wicket through Sam Curran (28 runs) in the penultimate over. The Vipers needed six runs in six balls and Rutherford smoked AM Ghazanfar over deep square leg to seal the win in 19.1 overs.
In the first innings, the MI Emirates started well with Muhammad Waseem and Kusal Perera striking seven fours and a six to finish the powerplay at 48/0.

The runs dried up in the next phase of the innings as Wanindu Hasaranga picked up the first wicket of the night, trapping Waseem LBW for 18 runs. Kusal Perera also failed to convert a good start of 33 runs in 29 balls, falling to Dan Lawrence in the 10th over.

Nicholas Pooran and Tom Banton combined for a brief 22-run partnership but both batters fell in the 13th over. Skipper Lockie Ferguson dismissed Nicholas Pooran while Tom Banton was run out, leaving the MI Emirates at 86/4.

Kieron Pollard and Dan Mousley took the innings further with a 37-run stand. Mousley was dismissed by David Payne after a near run-a-ball knock of 15 runs.

Pollard gave the run-rate an injection with two fours and three sixes including two maximums of Lockie Ferguson in the 19th over. Ferguson had the final say though, dismissing Pollard in the same over after the West Indian had put on 36 runs in 23 balls.

The final over saw Romario Shepherd come out with all guns blazing, he scored an unbeaten 16 runs, smashing two sixes off David Payne as the MI Emirates finished at 159/6 in 20 overs.

On the thought process behind his innings, Player of the Match Fakhar Zaman said: “I think the fast bowlers were easy, but we were struggling against spinners. We just planned to play out their overs and take the game deep. It was because of the way the bowlers were bowling and the leg-side boundary was big, so I was looking for runs on the shorter boundary.”

MI Emirates skipper, Nicholas Pooran added: “I felt we were in the game; we were happy with 160, the way the pitch was playing, it seemed to be very tricky. It’s still young in the tournament, Mousley got us two wickets, we went searching for another, but we didn’t get it. Credit to Fakhar Zaman and Sam Curran, they played really well.”

Brief Scores
Desert Vipers bt MI Emirates by five wickets

MI Emirates 159/6 in 20 overs (Kieron Pollard 36, Kusal Perera 33, Muhammad Waseem 18, Lockie Ferguson 2 for 23, Wanindu Hasaranga 1 for 21, Dan Lawrence 1 for 21)

Desert Vipers 161/5 in 20 overs (Fakhar Zaman 67, Alex Hales 34, Sam Curran 28, Sherfane Rutherford 21 not out, Zahoor Khan 2 for 24, Dan Mousley 2 for 27, Waqar Salamkheil 1 for 29)

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What the new DIFC investment fund proposals mean for investors

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Dubai’s financial regulator is planning the biggest update to the Dubai International Financial Centre (DIFC) investment fund rules in more than a decade.

The Dubai Financial Services Authority (DFSA) has launched a public consultation on a wide-ranging package of reforms designed to modernise the DIFC’s investment fund framework, simplify regulations for fund managers and strengthen investor protection.

Here’s what you need to know.

Why is the DFSA changing the rules?

The DFSA says the investment fund industry has evolved significantly since the current framework was introduced in 2006.

The proposed reforms aim to:

  • Modernise regulations to reflect today’s investment market.
  • Reduce unnecessary compliance requirements.
  • Make it easier for fund managers to operate.
  • Maintain strong investor protection.
  • Align DIFC regulations with international best practices.

What are the proposed changes?

The consultation includes several key proposals:

More flexible rules for private investment funds

The DFSA plans to replace rigid classifications for specialist private funds with a more flexible framework that can better accommodate modern investment strategies.

Simpler licensing for fund managers

Investment managers may no longer need separate licences for certain activities, such as arranging investments or dealing on behalf of clients, as these would be covered under an existing asset management licence.

Updated rules for master-feeder funds

The regulator also wants to modernise regulations governing “master-feeder” fund structures to reflect current market practices better.

Removal of the external fund manager regime

The DFSA proposes removing the external fund manager framework as more firms are now seeking direct authorisation from the regulator.

More investment opportunities for employees

Employees could be given greater flexibility to invest in private funds managed by their own employers, either directly or through dedicated investment vehicles.

Technical improvements

The consultation also proposes several technical amendments to improve clarity and consistency within the Collective Investment Law.

Could tokenised investment funds become a reality?

The consultation also seeks industry feedback on regulating tokenised investment funds.

Tokenisation uses blockchain technology to represent ownership units digitally, potentially making investment funds more efficient and accessible.

At this stage, the DFSA is only gathering feedback and has not proposed formal regulations.

Will retail investors get access to more investment opportunities?

Another topic under discussion is the possible introduction of a long-term investment fund regime.

If developed in the future, it could allow retail investors to access certain long-term assets—such as infrastructure projects or private market investments- that are currently limited to professional investors.

No regulatory changes have been proposed yet; the regulator is first seeking industry views.

Who can provide feedback?

The consultation is open until September 7, 2026.

The DFSA is inviting comments from:

  • Fund managers
  • Asset managers
  • Fund administrators
  • Legal advisers
  • Auditors
  • Compliance professionals
  • Other participants in the DIFC investment funds industry

The proposals form part of Dubai’s wider efforts to strengthen its position as a leading regional hub for wealth and asset management while ensuring regulations remain modern, proportionate and investor-focused.

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Good news for businesses: Sharjah slashes fees and fines

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Businesses in Sharjah can now benefit from a range of temporary fee reductions after Sharjah Police unveiled a new package of incentives aimed at easing costs and supporting the emirate’s business community.

The measures, introduced in line with a decision by the Sharjah Executive Council, include 50% discounts on several security-related fees, along with reduced fines and lower training costs for companies.

What discounts are available?

Under the new initiative, eligible businesses will receive:

  • 50% off security permit renewal fees for commercial activities
  • 50% off security system subscription fees
  • 50% reduction on eligible violations and fines
  • 20% off mandatory training programme fees for companies

Sharjah Police said the initiative is designed to support commercial establishments, encourage business sustainability and further strengthen the emirate’s position as an attractive destination for investment.

How long will the discounts last?

The incentives will be available for three months from the date the decision comes into effect.

Businesses seeking more information about the discounts and eligibility can contact the Sharjah Police Call Centre on 901.

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Dubai to build region’s first falcon market and transform the creek into night-time destination

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Dubai is set to welcome a one-of-a-kind falcon market and a spectacular new lighting experience along Dubai Creek after Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, approved a series of major development projects aimed at enhancing the city’s cultural, tourism and public spaces.

The new initiatives, announced by Dubai Municipality, include the Dubai Falcon Market, the first integrated falcon market of its kind in the region, and the Dubai Creek Lighting Project, which will transform one of the city’s oldest landmarks into a vibrant night-time destination.

Region’s first integrated falcon market

Designed to celebrate the UAE’s rich falconry heritage, the Dubai Falcon Market will combine tradition with modern architecture inspired by the wings of a falcon.

Spanning around 50,000 square feet and built at an estimated cost of Dh50 million, the market will feature specialist falcon shops, equipment stores, cultural exhibition spaces, heritage events, a dedicated veterinary clinic and visitor experiences, all within a purpose-built destination showcasing one of the country’s most treasured traditions.

The project also forms part of Dubai’s wider strategy to develop rural and desert areas while preserving Emirati heritage and creating new attractions for residents and tourists.

Dubai Creek to shine with new night-time experience

Dubai Creek, one of the emirate’s most historic waterfronts, is also set for a major makeover.

The Dubai Creek Lighting Project will introduce an innovative lighting system stretching across 8km of the creek, illuminating promenades, heritage markets, waterfront walkways, building façades and key entry points.

The aim is to transform the area into a lively evening destination while highlighting its architectural and cultural significance.

Once completed, visitors can expect enhanced pedestrian areas, interactive public spaces and a striking visual experience designed to bring new life to the historic district after sunset.

The project is expected to be completed in the first quarter of 2027.

Commenting on the projects, Sheikh Hamdan said Dubai remains committed to developing people-focused urban spaces that combine innovation, sustainability and advanced technology while preserving the emirate’s identity and cultural heritage.

The latest initiatives form part of Dubai’s long-term vision to create world-class public spaces, strengthen the tourism and creative sectors, and enhance the quality of life for residents and visitors alike.

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