• France's Hugo Lloris kisses the trophy as they celebrate after winning the 2018 World Cup final against Croatia. Reuters
    France's Hugo Lloris kisses the trophy as they celebrate after winning the 2018 World Cup final against Croatia. Reuters
  • France players celebrate following their side's victory. Getty Images
    France players celebrate following their side's victory. Getty Images
  • France's Kylian Mbappe celebrates winning the World Cup. Reuters
    France's Kylian Mbappe celebrates winning the World Cup. Reuters
  • Croatia's Mario Mandzukic embarrasses France's Hugo Lloris to make it 4-2. Reuters
    Croatia's Mario Mandzukic embarrasses France's Hugo Lloris to make it 4-2. Reuters
  • Kylian Mbappe drives in France's fourth goal. Getty Images
    Kylian Mbappe drives in France's fourth goal. Getty Images
  • Paul Pogba strokes home France's third. Getty Images
    Paul Pogba strokes home France's third. Getty Images
  • Paul Pogba celebrates with teammates after scoring his team's third goal. Getty Images
    Paul Pogba celebrates with teammates after scoring his team's third goal. Getty Images
  • Croatia's Danijel Subasic looks dejected after conceding their third goal. Reuters
    Croatia's Danijel Subasic looks dejected after conceding their third goal. Reuters
  • Antoine Griezmann of France scores his team's second goal from the penalty spot. Getty Images
    Antoine Griezmann of France scores his team's second goal from the penalty spot. Getty Images
  • Croatia's Ivan Perisic celebrates scoring their first goal. Reuters
    Croatia's Ivan Perisic celebrates scoring their first goal. Reuters
  • Croatia's Ivan Perisic scores their first goal. Reuters
    Croatia's Ivan Perisic scores their first goal. Reuters
  • Paul Pogba, Blaise Matuidi and Kylian Mbappe of France celebrate their team's first goal, an own goal scored by Mario Mandzukic. Getty Images
    Paul Pogba, Blaise Matuidi and Kylian Mbappe of France celebrate their team's first goal, an own goal scored by Mario Mandzukic. Getty Images
  • Mario Mandzukic of Croatia scores an own goal for France's first goal. Getty Images
    Mario Mandzukic of Croatia scores an own goal for France's first goal. Getty Images
  • France president Emmanuel Macron alongside FIFA president Gianni Infantino. Reuters
    France president Emmanuel Macron alongside FIFA president Gianni Infantino. Reuters
  • Conor McGregor in the stands. Reuters
    Conor McGregor in the stands. Reuters
  • France's Paul Pogba. Reuters
    France's Paul Pogba. Reuters
  • Croatia players pose for a team photo. Reuters
    Croatia players pose for a team photo. Reuters
  • France players pose for a team photo. Reuters
    France players pose for a team photo. Reuters
  • The World Cup trophy on display prior to the final. AP Photo
    The World Cup trophy on display prior to the final. AP Photo
  • Singer Will Smith performs during the closing ceremony. Reuters
    Singer Will Smith performs during the closing ceremony. Reuters
  • Former German international footballer, Philipp Lahm and philanthropist Natalia Vodianova present the 2018 FIFA World Cup Original Trophy ahead of the final. Getty Images
    Former German international footballer, Philipp Lahm and philanthropist Natalia Vodianova present the 2018 FIFA World Cup Original Trophy ahead of the final. Getty Images
  • Inside the stadium during the closing ceremony. Reuters
    Inside the stadium during the closing ceremony. Reuters
  • Performers during the closing ceremony. Reuters
    Performers during the closing ceremony. Reuters
  • Will Smith, Nicky Jam and Era Istrefi perform during the closing ceremony. Getty Images
    Will Smith, Nicky Jam and Era Istrefi perform during the closing ceremony. Getty Images
  • Luka Modric of Croatia warms up prior the FIFA World Cup 2018 final. EPA
    Luka Modric of Croatia warms up prior the FIFA World Cup 2018 final. EPA
  • A French fan hold up a souvenir scarf as he waits for the start of the final match between France and Croatia. AP Photo
    A French fan hold up a souvenir scarf as he waits for the start of the final match between France and Croatia. AP Photo
  • Inside the stadium prior to the 2018 FIFA World Cup Final between France and Croatia. Getty Images
    Inside the stadium prior to the 2018 FIFA World Cup Final between France and Croatia. Getty Images
  • France's Kylian Mbappe warms up prior to the final. AP Photo
    France's Kylian Mbappe warms up prior to the final. AP Photo
  • France fans enjoy the pre-match atmosphere prior to the 2018 FIFA World Cup Final between France and Croatia. Getty Images
    France fans enjoy the pre-match atmosphere prior to the 2018 FIFA World Cup Final between France and Croatia. Getty Images
  • A supporter of Croatia before the start of the final. EPA
    A supporter of Croatia before the start of the final. EPA
  • Ivan Perisic of Croatia talks with team mates before the final. EPA
    Ivan Perisic of Croatia talks with team mates before the final. EPA

World Cup

Fifa World Cup 2022 prize money: how much does the winning team get in Qatar?

A look at how much the top teams will earn during the finals, including preparation fees

Ajit Vijaykumar

October 11, 2022

  • English
  • Arabic

The Fifa World Cup is undoubtedly the biggest sporting event on the planet. Nations from all continents fight tooth and nail to just gain the right to participate in the quadrennial event.

The 2018 tournament attracted a combined global viewership of 3.572 billion viewers – that is half the planet's population. According to Fifa, the final between France and Croatia alone attracted a combined global audience of 1.12 billion.

This year, 32 teams will once again fight for the ultimate prize. The venue is Qatar – the first time the finals has been staged in the Middle East.

Hosts Qatar will kick off the tournament at the Al Bayt Stadium on November 20 against Ecuador, with the final on December 18.

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What is the prize money?

Fifa has set aside a total prize pool of $440 million for the World Cup 2022. The breakdown is as follows:

Champions: $42 million

Runners-up: $30 million

Third place: $27 million

Fourth place: $25 million

Fifth-eighth place: $68 million ($17 million per team)

Ninth-16th place: $104 million ($13 million per team)

17th-32nd place: $144 million ($9 million per team)

In addition, each team that has qualified will receive $1.5m ahead of the competition to cover preparation costs. In the 2018 edition, winners France took home a cheque of $38m.

How many stadiums are there?

A total of eight venues will host matches during the finals. All venues have air conditioning system, allowing fans and spectators to enjoy the proceedings in comfort. The venues are Lusail Stadium, Stadium 974, Al Thumama Stadium, Al Bayt Stadium, Khalifa International Stadium, Ahmed bin Ali Stadium, Education City Stadium, and the Al Janoub Stadium.

How long will the tournament last for?

A total of 64 games will be played to decide the winners on December 18. This will be the last edition to involve 32 teams. The next World Cup in 2026 - to be held in United States, Mexico, and Canada – will see 48 teams participating.

  • Stadium 974 in Doha that will host matches at the 2022 Fifa World Cup. It has a capacity of 40,000. AFP
    Stadium 974 in Doha that will host matches at the 2022 Fifa World Cup. It has a capacity of 40,000. AFP
  • The Khalifa International Stadium in Qatar. Capacity: 40,000. AFP
    The Khalifa International Stadium in Qatar. Capacity: 40,000. AFP
  • The Khalifa International Stadium. AFP
    The Khalifa International Stadium. AFP
  • The Education City Stadium in Al Rayyan. Capacity: 45,000. AFP
    The Education City Stadium in Al Rayyan. Capacity: 45,000. AFP
  • The Education City Stadium in Al Rayyan. AFP
    The Education City Stadium in Al Rayyan. AFP
  • The Lusail Stadium is around 20 km north of Doha. Capacity: 80,000. AFP
    The Lusail Stadium is around 20 km north of Doha. Capacity: 80,000. AFP
  • The Lusail Stadium in Qatar. AFP
    The Lusail Stadium in Qatar. AFP
  • The Al Bayt Stadium in Al Khor. Capacity: 60,000. AFP
    The Al Bayt Stadium in Al Khor. Capacity: 60,000. AFP
  • The Al Janoub Stadium in Al Wakrah. Capacity: 40,000. AFP
    The Al Janoub Stadium in Al Wakrah. Capacity: 40,000. AFP
  • The Al Janoub Stadium in Al Wakrah, Qatar. AFP
    The Al Janoub Stadium in Al Wakrah, Qatar. AFP
  • The Al Thumama Stadium in Doha. Capacity: 40,000. AFP
    The Al Thumama Stadium in Doha. Capacity: 40,000. AFP
  • The Ahmad Bin Ali Stadium in Al Rayyan. Capacity: 44,000. AFP
    The Ahmad Bin Ali Stadium in Al Rayyan. Capacity: 44,000. AFP
  • The Ahmad Bin Ali Stadium. AFP
    The Ahmad Bin Ali Stadium. AFP
Company%20Profile
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Museum of the Future in numbers
  •  78 metres is the height of the museum
  •  30,000 square metres is its total area
  •  17,000 square metres is the length of the stainless steel facade
  •  14 kilometres is the length of LED lights used on the facade
  •  1,024 individual pieces make up the exterior 
  •  7 floors in all, with one for administrative offices
  •  2,400 diagonally intersecting steel members frame the torus shape
  •  100 species of trees and plants dot the gardens
  •  Dh145 is the price of a ticket
MATCH INFO

Fixture: Thailand v UAE, Tuesday, 4pm (UAE)

TV: Abu Dhabi Sports

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
SHAITTAN
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Super 30

Produced: Sajid Nadiadwala and Phantom Productions
Directed: Vikas Bahl
Cast: Hrithik Roshan, Pankaj Tripathi, Aditya Srivastav, Mrinal Thakur
Rating: 3.5 /5

Where to buy

Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Full Party in the Park line-up

2pm – Andreah

3pm – Supernovas

4.30pm – The Boxtones

5.30pm – Lighthouse Family

7pm – Step On DJs

8pm – Richard Ashcroft

9.30pm – Chris Wright

10pm – Fatboy Slim

11pm – Hollaphonic

 

Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars

Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

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.”

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.

Brief scoreline:

Liverpool 2

Keita 5', Firmino 26'

Porto 0

ALL THE RESULTS

Bantamweight

Siyovush Gulmomdov (TJK) bt Rey Nacionales (PHI) by decision.

Lightweight

Alexandru Chitoran (ROU) bt Hussein Fakhir Abed (SYR) by submission.

Catch 74kg

Omar Hussein (JOR) bt Tohir Zhuraev (TJK) by decision.

Strawweight (Female)

Seo Ye-dam (KOR) bt Weronika Zygmunt (POL) by decision.

Featherweight

Kaan Ofli (TUR) bt Walid Laidi (ALG) by TKO.

Lightweight

Abdulla Al Bousheiri (KUW) bt Leandro Martins (BRA) by TKO.

Welterweight

Ahmad Labban (LEB) bt Sofiane Benchohra (ALG) by TKO.

Bantamweight

Jaures Dea (CAM) v Nawras Abzakh (JOR) no contest.

Lightweight

Mohammed Yahya (UAE) bt Glen Ranillo (PHI) by TKO round 1.

Lightweight

Alan Omer (GER) bt Aidan Aguilera (AUS) by TKO round 1.

Welterweight

Mounir Lazzez (TUN) bt Sasha Palatkinov (HKG) by TKO round 1.

Featherweight title bout

Romando Dy (PHI) v Lee Do-gyeom (KOR) by KO round 1.

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

The specs
Engine: 3.0-litre twin-turbo flat-six

Power: 480hp at 6,500rpm

Torque: 570Nm from 2,300-5,000rpm

Transmission: 8-speed dual-clutch auto

Fuel consumption: 10.4L/100km

Price: from Dh547,600

On sale: now 

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Main report
Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

MATCH INFO

Uefa Champions League, semi-final result:

Liverpool 4-0 Barcelona

Liverpool win 4-3 on aggregate

Champions Legaue final: June 1, Madrid

Fresh faces in UAE side

Khalifa Mubarak (24) An accomplished centre-back, the Al Nasr defender’s progress has been hampered in the past by injury. With not many options in central defence, he would bolster what can be a problem area.

Ali Salmeen (22) Has been superb at the heart of Al Wasl’s midfield these past two seasons, with the Dubai club flourishing under manager Rodolfo Arrubarrena. Would add workrate and composure to the centre of the park.

Mohammed Jamal (23) Enjoyed a stellar 2016/17 Arabian Gulf League campaign, proving integral to Al Jazira as the capital club sealed the championship for only a second time. A tenacious and disciplined central midfielder.

Khalfan Mubarak (22) One of the most exciting players in the UAE, the Al Jazira playmaker has been likened in style to Omar Abdulrahman. Has minimal international experience already, but there should be much more to come.

Jassim Yaqoub (20) Another incredibly exciting prospect, the Al Nasr winger is becoming a regular contributor at club level. Pacey, direct and with an eye for goal, he would provide the team’s attack an extra dimension.

Updated: October 11, 2022, 1:24 PM
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