Germany coach Joachim Low conducts a team training session on Friday ahead of the Euro 2016 last 16 stage. Alexander Hassenstein / Getty Images / June 24, 2016
Germany coach Joachim Low conducts a team training session on Friday ahead of the Euro 2016 last 16 stage. Alexander Hassenstein / Getty Images / June 24, 2016
Germany coach Joachim Low conducts a team training session on Friday ahead of the Euro 2016 last 16 stage. Alexander Hassenstein / Getty Images / June 24, 2016
Germany coach Joachim Low conducts a team training session on Friday ahead of the Euro 2016 last 16 stage. Alexander Hassenstein / Getty Images / June 24, 2016

Are Joachim Low’s Germany still world beaters? Euro 2016 business end the time to find out


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Germany have built a reputation as a tournament team under Joachim Low and two below-par years since their World Cup triumph, he is relishing the business end of Euro 2016.

After a flattering scoreline in the 2-0 win over Ukraine and an unimpressive goalless draw with Poland, Germany booked their last 16 berth with a 1-0 win over Northern Ireland.

Now comes the moment of truth for Low’s Germany.

They face Slovakia in Lille on Sunday and, should they advance, their Euro 2016 title credentials will be put to the test against Italy or Spain in the quarter-finals.

As any Germany fan knows, Die Mannschaft have never beaten Italy at either a World Cup or European Championship finals in eight attempts.

More Euro 2016

• Ian Hawkey: Form of Robert Lewandowski, Gareth Bale, et al imperative to one-world-class-star countries

• Full coverage: Visit The National's dedicated Euro 2016 microsite

• Complete guide: Previews, fixtures, predictions and more

The feeling back in Berlin is that the German team and head coach Low have rested on their laurels since Brazil 2014.

Two years after right-back Philipp Lahm and striker Miroslav Klose retired, Low has yet to settle on full-time replacements.

Low, Mario Gotze and Thomas Muller have all bitten back at thinly-veiled criticism from the German media in press conferences in France.

Michael Ballack, Low’s captain at Euro 2008 when they lost the final to Spain, has been the loudest critic of this side.

In a newspaper column, the ex-Chelsea star described the goalless draw against Poland as a "wake-up call at the right time" adding "you can't say everything's rosy".

“It’s good that there is a discussion in Germany whether this team has the character to sometimes win ugly,” wrote the 39-year-old.

Germany had the world at their feet when Gotze’s volley sealed their fourth World Cup title at the iconic Maracana stadium.

The performance in the Rio de Janeiro final cemented coach Low’s status as a national treasure and made his players heroes in football-mad Germany.

But now the German public want a fourth European title after their triumphs in 1972, 1980 and 1996.

While Germany left golden memories in Brazil, they forgot to bring their eye-catching brand of attacking football back home with them.

From the dizzy heights of their 1-0 win over Argentina, Germany crashed back down to earth with away defeats to Poland and the Republic of Ireland in Euro 2016 qualifiers.

They also threw away a two-goal lead in a 3-2 friendly defeat to England in Berlin in March.

Now Low must prove his side can still cut the mustard on the big stage.

They face Slovakia having lost 3-1 to Jan Kozak’s side in a May friendly in Augsburg.

Mario Gomez’s early penalty was cancelled out by three unanswered goals from Marek Hamsik, Michal Duris and Juraj Kucka as Low blooded four new caps.

“We lost to Slovakia at the end of May, so we know what’s coming,” said Low, who fielded an inexperienced side for the friendly.

“From now on, opponents are going to have to do something or they know they’ll be going home.

“It’s one of the reasons I’m looking forward to the knockout stages.”

But Low has a few issues to address.

Captain Bastian Schweinsteiger is waiting in the wings and has yet to start in France after a knee injury.

Finishing is a problem too as Germany converted just one of their 29 chances against Northern Ireland.

Forwards Gotze and Muller have yet to get on the scoresheet.

Ex-international Christoph Metzelder says Gotze is showing signs of what he can do after a season spent mainly on the bench at Bayern Munich.

“Mario has improved after three games, he has rhythm and confidence, so I think he should keep his place,” Metzelder told SID, an AFP subsidiary.

But the inclusion of Gomez, the match-winner against Northern Ireland, is seen as a step back.

Many pundits see the burly striker as ill-suited to Germany’s fast-footed attack.

“Gomez was very dangerous in the penalty area, but I don’t know if he is the long-term solution,” said ex-Germany goalkeeper Jens Lehmann.

Low will celebrate a decade in charge after Euro 2016 and under his guidance, Germany have always reached at least the last four at major tournaments.

Criticism from pundits and former players is water off a duck’s back to the 56-year-old.

“Nothing surprises me anymore,” Low has said on the subject of whether Germany have the mettle and leadership to reach the later stages in France.

“I read something from a former leading player and it conjures up a smile on my face.

“In 2014, we already had the same discussion. Then we won the World Cup and suddenly everyone was an awesome leader.

“In all honesty, it’s all been said before.”

Now his team must deliver.

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THE BIO

Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

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4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
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7pm: Flood Zone
7.40pm: Straight No Chaser
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Engine: 4.0-litre flat-six
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Brief scores:

Scotland 371-5, 50 overs (C MacLeod 140 no, K Coetzer 58, G Munsey 55)

England 365 all out, 48.5 overs (J Bairstow 105, A Hales 52; M Watt 3-55)

Result: Scotland won by six runs

Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

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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.”

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

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Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

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The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

 

 

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

IF YOU GO
 
The flights: FlyDubai offers direct flights to Catania Airport from Dubai International Terminal 2 daily with return fares starting from Dh1,895.
 
The details: Access to the 2,900-metre elevation point at Mount Etna by cable car and 4x4 transport vehicle cost around €57.50 (Dh248) per adult. Entry into Teatro Greco costs €10 (Dh43). For more go to www.visitsicily.info

 Where to stay: Hilton Giardini Naxos offers beachfront access and accessible to Taormina and Mount Etna. Rooms start from around €130 (Dh561) per night, including taxes.

AGL AWARDS

Golden Ball - best Emirati player: Khalfan Mubarak (Al Jazira)
Golden Ball - best foreign player: Igor Coronado (Sharjah)
Golden Glove - best goalkeeper: Adel Al Hosani (Sharjah)
Best Coach - the leader: Abdulaziz Al Anbari (Sharjah)
Fans' Player of the Year: Driss Fetouhi (Dibba)
Golden Boy - best young player: Ali Saleh (Al Wasl)
Best Fans of the Year: Sharjah
Goal of the Year: Michael Ortega (Baniyas)

Company profile

Name:​ One Good Thing ​

Founders:​ Bridgett Lau and Micheal Cooke​

Based in:​ Dubai​​ 

Sector:​ e-commerce​

Size: 5​ employees

Stage: ​Looking for seed funding

Investors:​ ​Self-funded and seeking external investors