Goodison Park, home of Everton who have been affected by a Covid-19 outbreak and injuries. PA
Goodison Park, home of Everton who have been affected by a Covid-19 outbreak and injuries. PA
Goodison Park, home of Everton who have been affected by a Covid-19 outbreak and injuries. PA
Goodison Park, home of Everton who have been affected by a Covid-19 outbreak and injuries. PA

Burnley v Everton latest Premier League game to be postponed due to Covid-19


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Burnley's match at home to Everton on Boxing Day became the latest Premier League fixture to be postponed due to a coronavirus outbreak.

Covid-19 cases and injuries within the Everton camp forced the Merseysiders to request a postponement on Thursday. The initial plea was rejected despite Everton manager Rafael Benitez saying he only had nine fit outfield players.

Everton, however, said on Friday that the game had been called off, with a club statement saying: "Our Premier League fixture at Burnley on Boxing Day has been postponed due to the number of Covid cases and injuries in our squad."

It is the 13th Premier League game to be affected by the virus in two weeks and third Boxing Day fixture to be postponed after Liverpool v Leeds United and Wolverhampton Wanderers v Watford were called off.

The Premier League added it had taken the "regrettable" decision to postpone the game following a board meeting.

"The board reviewed the club's request today to postpone the match following further injuries to their squad.

"They concluded that the club will not be able to fulfil their fixture this weekend as a result of an insufficient number of players available to play due to Covid-19 cases and injuries."

Chelsea v Everton ratings

Earlier this week, the Premier League rejected the option of temporarily halting the season to allow a circuit breaker for infections.

Tottenham boss Antonio Conte said Thursday's meeting between the Premier League and all 20 top-flight bosses as a waste of time.

Conte said: "If I have to be honest, it was a meeting that we tried to speak and some coaches tried to speak, to ask about solutions but I think everything was decided.

"I think yesterday it was a wall and for this reason I also prefer to not go into it."

Asked if it was a waste of time, the Italian added: "I think so. Because when you have a wall in front of you, you can speak and ask what you want but every decision was [already] taken."

Spurs, who have just returned from a two-week break due to a Covid-19 outbreak at the club, are scheduled to host Crystal Palace on Sunday before they visit Southampton on Tuesday.

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The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.

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Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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

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Updated: December 24, 2021, 12:29 PM