Egyptian giants Al-Ahly do not know where they will host Tanzanians Young Africans – just three days before a crucial CAF Champions League clash.
Crowd trouble at a recent African fixture has led Cairo authorities to ban the ‘Red Devils’ from playing in the capital city.
Record eight-time African champions Ahly reacted by trying to secure a venue in second city Alexandria for the first round, second leg qualifier.
But with time ticking down to the Sunday kick-off, the winners of 18 CAF titles have not found a ground to stage the game.
Ahly supporters injured 25 policeman last month during clashes after a CAF Super Cup victory over Tunisians CS Sfaxien at the Cairo Stadium.
Virtually all football fixtures in Egypt since the 2013 ousting of President Mohammed Morsi have been played behind closed doors.
And that is the likely scenario this weekend – assuming Ahly find a temporary home – as they seek to overcome a 1-0 first-leg deficit.
“Authorities are reluctant to hold any football match in the presence of fans after what happened in the recent Ahly game,” Egyptian Football Association spokesman Azmi Megahed said.
Ahly, seeking a record third consecutive Champions League title, were forced to defend for much of the match in Dar es Salaam.
However, the Egyptian barricade was finally breached eight minutes from time when Nadir Haroub nodded a cross past goalkeeper Sherif Ekramy.
History favours Ahly as they have averaged four goals a game against Young Africans on three previous visits to the North African country by the Dar es Salaam outfit.
But the Tanzanians possess a stronger squad than in the past, have experienced Dutch coach Hans van der Pluijm, and prepared thoroughly.
Gone are the days of haphazard build-ups with ‘Yanga’ spending two weeks fine tuning in Turkey as they seek only a second group-stage appearance.
Young striker Amr Gamal believes Ahly were unlucky losers last weekend and predicts his team will march on to the final qualifying round.
“It was tough in Tanzania but we did not deserve to lose,” he said. “We will win at home and progress to the second round.”
Zamalek, Cairo neighbours of Ahly and five-time Champions League title-holders, are also uncomfortably placed having won only 1-0 at home to Angolans Kabuscorp.
Veteran defender Mahmoud Fathallah succeeded where the strikers repeatedly failed by grabbing the early second-half match-winner.
“I am positive we will qualify,” stressed Zamalek coach Ahmed ‘Mido’ Hossam to reporters ahead of a long journey to Luanda in south-west Africa.
“A bigger victory margin would have been nice, but I am satisfied with the result. We will play better in Angola and win again.”
Other former African champions in precarious positions after 1-0 away losses are Moroccans Raja Casablanca and Cameroonians Coton Sport
Raja, runners-up to Bayern Munich at the 2013 Fifa Club World Cup in Morocco, host Guineans Horoya and Coton entertain Burundians Flambeau l’Est.
Democratic Republic of Congo outfit Vita expect to advance after holding Dynamos 0-0 in Zimbabwe, and other former title-holders Esperance, Mazembe and Setif are even better placed.
Tunisians Esperance have a 3-2 lead and home advantage over Kenyans Gor Mahia and Mazembe host Cameroonians Astres on level terms after a 1-1 Douala deadlock.
Setif were the most convincing first-leg winners, firing five unanswered goals past ASFA Yennenga, and turning the return match in Burkina Faso into a formality.
But Nigerians Enyimba are in serious trouble, having to visit Mali after suffering a stunning 2-1 home defeat by unfancied Real Bamako.
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ASHES FIXTURES
1st Test: Brisbane, Nov 23-27
2nd Test: Adelaide, Dec 2-6
3rd Test: Perth, Dec 14-18
4th Test: Melbourne, Dec 26-30
5th Test: Sydney, Jan 4-8
THE DEALS
Hamilton $60m x 2 = $120m
Vettel $45m x 2 = $90m
Ricciardo $35m x 2 = $70m
Verstappen $55m x 3 = $165m
Leclerc $20m x 2 = $40m
TOTAL $485m
THREE
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MIDWAY
Produced: Lionsgate Films, Shanghai Ryui Entertainment, Street Light Entertainment
Directed: Roland Emmerich
Cast: Ed Skrein, Woody Harrelson, Dennis Quaid, Aaron Eckhart, Luke Evans, Nick Jonas, Mandy Moore, Darren Criss
Rating: 3.5/5 stars
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.”
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
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Three ways to limit your social media use
Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.
1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.
2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information.
3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.