Zlatko Dalic was left to rue the penalty decision that he says changed Croatia’s World Cup semi-final against Argentina, but he still conceded the South Americans deserved to reach Sunday’s showpiece.
Croatia, runners-up in Russia in 2018, were beaten 3-0 by Lionel Messi and teammates at Lusail Stadium on Tuesday night.
Messi, the Argentine captain, opened the scoring with a 34th-minute penalty after Croatia goalkeeper Dominik Livakovic collided with opposing forward Julian Alvarez.
Croatia protested the award, with midfielder Mateo Kovacic seemingly booked for making his point too forcefully. Dalic said also that his side should have had a corner before Argentina broke forward to earn the spot-kick.
In the post-match press conference, the former Al Ain manager said: "Everything was in our hands. We played well for half an hour and had possession. We were not a threat but did have control.
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Argentina's Lionel Messi and Julian Alvarez celebrate during the 3-0 World Cup semi-final win against Croatia at the Lusail Stadium on December 13, 2022. AP -

Lionel Messi celebrates Argentina's win with Rodrigo De Paul, Paulo Dybala, Leandro Paredes and Alejandro Gomez after the match. Reuters -

Argentina's Lionel Messi and teammates celebrate their victory. AP -

Lionel Messi of Argentina after the team's win over Croatia. Getty -

Lionel Messi of Argentina celebrates after the game. Getty -

Julian Alvarez celebrates with teammates after scoring the third goal. Getty -

Argentina's Julian Alvarez scores the third goal of the game. PA -

Julian Alvarez celebrates scoring the second goal with Lionel Messi and teammates. EPA -

Lionel Messi celebrates after scoring the first goal. Getty -

Argentina's Julian Alvarez celebrates with teammates after scoring the second goal. Getty -

Argentina's Julian Alvarez scores the second goal. PA -

Julian Alvarez celebrates after scoring. Getty -

Croatia's Dominik Livakovic fouls Julian Alvarez, leading to the penalty. Getty -

Croatia's goalkeeper Dominik Livakovic lies on the ground after fouling Argentina's Julian Alvarez to concede a penalty. AFP -

Lionel Messi scores his penalty. Getty -

Lionel Messi after scoring Argntina's first goal from the penalty spot. Getty -

Lionel Messi in action with Croatia's Mateo Kovacic. Reuters
"We conceded a goal, which was very suspicious. The situation leading to the penalty... it was a little too cheap, a bit too easy to be honest.
"Our goalkeeper did what he did and these are the new rules. This goal took the match in a different direction."
Dalic, who four years ago guided Croatia to their best World Cup finish, did open his press conference by congratulating Argentina on their win.
However, he lamented the lack of a genuine goalscorer in the squad saying that, while his team had plenty of possession, they failed to really threaten their opponents. Croatia now face the loser in the other semi-final, between France and Morocco, in Saturday’s third-place play-off.
"We have prepared everything but we missed a real, genuine attacker," he said.
"We lost the match. I have nothing to complain about regarding the boys. They gave their best during this whole tournament.... It is a deserved defeat.
"I congratulate Argentina on the victory. We have to pull ourselves together, raise our heads. I can't blame the boys for anything - we are going into the fight for third place. We don't have much to complain about."
Dalic said his team created "good situations" but failed to produce clear-cut chances.
Asked if this was the conclusion of the cycle of stars that took Croatia to successive World Cup semi-finals – captain Luka Modric is 37 – Dalic said: "Perhaps this is the end of the World Cup generation for a couple of them who have reached a certain age. We'll have to see for the 2026 World Cup.
"I believe this generation will slowly finish off their career at Euro 2024.
"It's an excellent generation who two times in a row reached the semi-finals. It would have been excellent if they'd won the trophy as a crowning moment."
Dalic, who managed UAE club Al Ain before taking the Croatia job, was quizzed about his own future in the aftermath of the defeat, but replied: "I will continue. My contract is to 2024, after the European Championships, and in six months we have the League of Nations and we have World Cup qualifiers. My plan is to take Croatia to Euro 2024."
Argentina v Croatia ratings
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ARGENTINA RATINGS: Emi Martinez - 7. Untested in a cagey start as Croatia had possession but few opportunities. Comfortable save from Perisic on 72. Reuters -

Nahuel Molina - 8. Right-back who made a fine run to support Argentina’s second goal. AP -

Cristian Romero - 8. Hard, not always fair, the Spurs central defender is loved by Argentina’s massive travelling support. Booked in front of the 88,966 crowd. AP -

Nicolas Otamendi - 8. The old master, the foil to the younger Romero, he took a ball to the face in a Croatia attack. Argentina only had 40 per cent of possession, but let Croatia play in front of their defence. EPA -

Nicolas Tagliafico - 8. Brought down in a stiff early challenge but stood strong throughout. Best moment was when he won the ball on 63 to turn defence into an attack - which he supported. Then did the same two minutes later. Getty -

Rodrigo De Paul - 8. As Argentina played the same 4-4-2 system that hadn’t convinced against Mexico. Hit a shot that was deflected wide on 41. AFP -

Leandro Paredes - 8. A first start since the opening game and initially up against it as Croatia dominated in the middle. Shot on target after 47. Solid alongside Fernandez. AP -

Enzo Fernandez - 8. Very comfortable against some of the best midfielders in the world. Superb tournament for the Benfica midfielder, 21. He only moved to Europe this year. He won’t be playing in Portugal in a few years. Getty -

Alexis Mac Allister - 8. Headed a 42nd-minute corner towards goal that was saved. Volleyed wide on 82 as Argentina dominated. Grown throughout the tournament. Getty -

Lionel Messi - 10. Scored the penalty that put Argentina ahead. Supporting role in the second. Evaded defenders to make a super run on goal on 57 to almost make it three. Equalled Lothar Matthaus’s World Cup appearance record. Sensational for the third, winning ball on halfway line, beating his men and setting up Alvarez. Genius. AFP -

Julian Alvarez - 9. Won the penalty having been brought down by the goalkeeper, which led to Argentina going ahead. Brilliant individual goal to put Argentina two up on 39 – his third goal of these finals. Made it 3-0, sweeping in Messi’s ball on 69. Four goals puts him behind only Messi and Mbappe. AFP -

SUBS: Lisandro Martinez - 7. On for Paredes on 61. A bit of bite as he helped Argentina reach a sixth World Cup final, including two of the past three - the Messi era. Reuters -

Exequiel Palacios - 7. On for De Paul on 73 and straight into the middle. AP -

Paulo Dybala - 6. On for Alvarez on 74 for his first minutes in these World Cup finals. Top player. EPA -

Angel Correa - N/A. On for Mac Allister on 86 as Argentina’s wise coach Scaloni used as many players as possible. Getty -

Juan Foyth - N/A. On for Molina on 86 and straight to right- back to help see out the game. AFP -

CROATIA RATINGS: Dominik Livakovic - 5. After conceding the penalty that led to Messi opening the scoring, Livakovic was never the same outside of a few decent saves. Getty -

Josip Juranovic - 7. Fought harder than most to get Croatia into positive positions and rarely put a foot wrong at the back, other than the second goal. EPA -

Dejan Lovren - 4. The former Liverpool man was way too deep ahead of the opener and looked lost more often than not. Getty -

Josko Gvardiol - 5. Inconsistency was the key here as Gvardiol went from looking unbelievably nervous to composed and back again. PA -

Borna Sosa - 5. The defender just couldn’t get his final ball right with the cherry on top being a fluffed clearance for the 2nd goal. EPA -

Luka Modric - 7. Croatia’s talisman put on a typically impressive and controlled display, but it just wasn’t enough to overcome the Argentines. Reuters -

Marcelo Brozovic - 6. Showcased a strong presence in the middle of the park, only to fade away once Argentina began to step on the gas. AP -

Mateo Kovacic - 7. The midfield maestro was aggressive and persistent but didn’t show enough of an attacking edge for his teammates. PA -

Mario Pasalic - 5. Not quick enough to the ball, too slow to react in the final third and generally pretty useless for the underdogs. EPA -

Andrej Kramaric - 6. Outside of some solid determination to get forward, Kramaric was too erratic both in and out of possession. EPA -

Ivan Perisic - 5. The veteran simply couldn’t find his way into the semi-final and was marked out of the match throughout. AP -

SUBS: Nikola Vlasic - 6. Was slow to the ball for the third goal, which is a shame, given that his early work showed promise through his build-up. Getty -

Mislav Orsic - 7. Zagreb’s finest had some nice movement, even if it ultimately didn’t lead to anything substantial for Croatia. AP -

Bruno Petkovic - 6. Held play up well in the box but didn’t possess the killer instinct necessary to get his side back in the game. Getty -

Marko Livaja - N/A. Worked hard but wasn’t able to get much going in what proved to be an uneventful cameo. Getty -

Lovro Majer - N/A. Held a firm position in midfield as the minutes ticked by en route to his nation’s defeat. AFP
Killing of Qassem Suleimani
National Editorial: Suleimani has been killed, now we must de-escalate
Jack Moore: Why the assassination is such a monumental gamble
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Simon Waldman: Cautious Israel keeping a low profile
The drill
Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.
Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”
Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”
Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.”
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Small%20Things%20Like%20These
The specs
Engine: 2.4-litre 4-cylinder
Transmission: CVT auto
Power: 181bhp
Torque: 244Nm
Price: Dh122,900
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
SPECS
While you're here
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FIGHT CARD
1. Featherweight 66kg
Ben Lucas (AUS) v Ibrahim Kendil (EGY)
2. Lightweight 70kg
Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)
3. Welterweight 77kg
Marcos Costa (BRA) v Abdelhakim Wahid (MAR)
4. Lightweight 70kg
Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)
5. Featherweight 66kg
Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)
6. Catchweight 85kg
Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)
7. Featherweight 66kg
Yousef Al Husani (UAE) v Mohamed Allam (EGY)
8. Catchweight 73kg
Mostafa Radi (PAL) v Abdipatta Abdizhali (KGZ)
9. Featherweight 66kg
Jaures Dea (CMR) v Andre Pinheiro (BRA)
10. Catchweight 90kg
Tarek Suleiman (SYR) v Juscelino Ferreira (BRA)
Pad Man
Dir: R Balki
Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte
Three-and-a-half stars
The UN General Assembly President in quotes:
YEMEN: “The developments we have seen are promising. We really hope that the parties are going to respect the agreed ceasefire. I think that the sense of really having the political will to have a peace process is vital. There is a little bit of hope and the role that the UN has played is very important.”
PALESTINE: “There is no easy fix. We need to find the political will and comply with the resolutions that we have agreed upon.”
OMAN: “It is a very important country in our system. They have a very important role to play in terms of the balance and peace process of that particular part of the world, in that their position is neutral. That is why it is very important to have a dialogue with the Omani authorities.”
REFORM OF THE SECURITY COUNCIL: “This is complicated and it requires time. It is dependent on the effort that members want to put into the process. It is a process that has been going on for 25 years. That process is slow but the issue is huge. I really hope we will see some progress during my tenure.”
COMPANY%20PROFILE
More from Tom Fletcher
New UK refugee system
- A new “core protection” for refugees moving from permanent to a more basic, temporary protection
- Shortened leave to remain - refugees will receive 30 months instead of five years
- A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
- To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
- Under core protection there will be no automatic right to family reunion
- Refugees will have a reduced right to public funds
COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)
Date started: August 2021
Founder: Nour Sabri
Based: Dubai, UAE
Sector: E-commerce / Marketplace
Size: Two employees
Funding stage: Seed investment
Initial investment: $200,000
Investors: Amr Manaa (director, PwC Middle East)
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The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
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Matthew Levitt: Iran retains its ability to launch terror attacks
Damien McElroy: A CEO tasked with spreading Iran's influence
Hussein Ibish: Trump's order on solid constitutional ground
Simon Waldman: Cautious Israel keeping a low profile
RESULTS
Bantamweight:
Zia Mashwani (PAK) bt Chris Corton (PHI)
Super lightweight:
Flavio Serafin (BRA) bt Mohammad Al Khatib (JOR)
Super lightweight:
Dwight Brooks (USA) bt Alex Nacfur (BRA)
Bantamweight:
Tariq Ismail (CAN) bt Jalal Al Daaja (JOR)
Featherweight:
Abdullatip Magomedov (RUS) bt Sulaiman Al Modhyan (KUW)
Middleweight:
Mohammad Fakhreddine (LEB) bt Christofer Silva (BRA)
Middleweight:
Rustam Chsiev (RUS) bt Tarek Suleiman (SYR)
Welterweight:
Khamzat Chimaev (SWE) bt Mzwandile Hlongwa (RSA)
Lightweight:
Alex Martinez (CAN) bt Anas Siraj Mounir (MAR)
Welterweight:
Jarrah Al Selawi (JOR) bt Abdoul Abdouraguimov (FRA)
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
The specS: 2018 Toyota Camry
Price: base / as tested: Dh91,000 / Dh114,000
Engine: 3.5-litre V6
Gearbox: Eight-speed automatic
Power: 298hp @ 6,600rpm
Torque: 356Nm @ 4,700rpm
Fuel economy, combined: 7.0L / 100km
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.”
Company profile
Company: Verity
Date started: May 2021
Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif
Based: Dubai
Sector: FinTech
Size: four team members
Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000
Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors
The biog
Year of birth: 1988
Place of birth: Baghdad
Education: PhD student and co-researcher at Greifswald University, Germany
Hobbies: Ping Pong, swimming, reading
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
RESULTS
2.30pm Jaguar I-Pace – Conditions (PA) Dh80,000 (Dirt)
1,600m
Winner Namrood, Antonio Fresu (jockey), Musabah Al Muhairi
(trainer)
3.05pm Land Rover Defender – Maiden (TB) Dh82,500 (D)
1,400m
Winner Shadzadi, Tadhg O’Shea, Bhupat Seemar
3.40pm Jaguar F-Type – Maiden (TB) Dh82,500 (Turf) 1,600m
Winner Tahdeed, Fernando Jara, Nicholas Bachalard
4.15pm New Range Rover – Handicap (TB) Dh87,500 (D) 1,400m
Winner Shanty Star, Richard Mullen, Rashed Bouresly
4.50pm Land Rover – Handicap (TB) Dh95,000 (T) 2,400m
Winner Autumn Pride, Bernardo Pinheiro, Helal Al Alawi
5.25pm Al Tayer Motor – Handicap (TB) Dh95,000 T) 1,000m
Winner Dahawi, Antonio Fresu, Musabah Al Muhairi
6pm Jaguar F-Pace SVR – Handicap (TB) Dh87,500 (D) 1,600m
Winner Scabbard, Sam Hitchcock, Doug Watson
Brief scoreline:
Manchester United 2
Rashford 28', Martial 72'
Watford 1
Doucoure 90'
McLaren GT specs
Engine: 4-litre twin-turbo V8
Transmission: seven-speed
Power: 620bhp
Torque: 630Nm
Price: Dh875,000
On sale: now
The specs
Engine: 2.0-litre 4-cyl
Power: 153hp at 6,000rpm
Torque: 200Nm at 4,000rpm
Transmission: 6-speed auto
Price: Dh99,000
On sale: now
If you go
Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.
Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com
A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com


