Luis Diaz marked his return to Portugal with the crucial late goal which gave Liverpool a 3-1 lead over Benfica to take back to Anfield for their Champions League quarter-final second leg.
The former Porto star, signed in January, was booed relentlessly but he responded perfectly in the 87th minute to spare Ibrahima Konate, whose mistake just over half an hour after scoring his first goal for the club had gifted the hosts a goal they had barely deserved.
Jurgen Klopp’s side had been coasting at half-time in the Estadio da Luz after Sadio Mane’s goal doubled the advantage given to them by their centre-back’s header but having squandered numerous chances, Konate’s legs got tangled as he tried to make a clearance early in the second half and Darwin Nunez capitalised.
It was a goal which significantly changed the game for a long period, as Benfica suddenly looked the better side with Liverpool completely out of sorts, but Diaz had the final word to make the return look slightly more comfortable than it had done.
Victory saw Liverpool, who had lost on their last three visits here, equal a club record of five successive away victories in Europe.
Liverpool full-back Andrew Robertson, speaking to BT Sport, said: "It was a tough game. On top first half and could have gone in a couple more up, then we wanted to keep it tight but they got a goal which lifted the crowd and we got a bit sloppy. The third goal was big.
"He [Luis Diaz] got a nice reception from the start, playing for one of their rivals, but a good goal for him and a two-goal cushion makes a difference. Hopefully we can get the job done."
The omens had not been great for Benfica, third in Portugal’s Primeira Liga 15 points behind leaders Porto – whom Liverpool had hammered 5-1 and 2-0 in the group stages this season.
Of the six changes Klopp made, the best one was bringing right-back Trent Alexander-Arnold in after almost three weeks out with a hamstring injury.
His pass for Diaz to head into Mane’s path for the second goal was a thing of wonder, while the one he delivered for a strangely off-colour Mohamed Salah to race on to but shoot straight at goalkeeper Odisseas Vlachodimos was almost as good.
It was the first time Klopp had started the midfield trio of Fabinho, Thiago Alcantara and Naby Keita, with the latter impressing in attacking areas.
In the opening 45 minutes the midfielder almost operated as a fourth forward, joining the attack to have four shots of his own before the break to underline the visitors’ dominance.
That they only had a two-goal lead to their name was nothing short of criminal considering the opportunities which fell to Keita, Diaz, Salah – three times – and Alexander-Arnold.
Konate eventually made the crucial 17th-minute breakthrough when Diaz won a corner which Andy Robertson swung to the far post, where the defender easily out-jumped Everton to beat the goalkeeper with a downward header.
But better was still to come as Alexander-Arnold’s crossfield ball was laid on a plate for Diaz to nod into Mane’s path and the Senegal international could not miss from close range, going past Steven Gerrard’s total of 22 Champions League goals.
Half-time brought another club record as Liverpool went 19 matches without conceding a first-half goal, although they had barely been troubled with Everton coming closest with a shot into the side-netting.
Four minutes into the second half that all changed after Konate’s calamity trying to deal with Rafa Silva’s low cross.
The goal altered the mood in the stadium and the momentum on the pitch and Klopp’s triple change of Roberto Firmino, Diogo Jota and Jordan Henderson for Mane, Salah and Thiago attempted to restore control.
Further Konate misjudgements caused more problems with Alisson Becker first having to parry Everton’s low shot and then, after the defender went chasing a ball he could never win, Nunez had a penalty claim rejected after tumbling under Virgil Van Dijk’s challenge.
The pressure seemed to be getting to even the best, with Van Dijk’s air-kick in the centre-circle a brief moment of concern while Alisson also duffed a couple of clearances.
But just when it looked like frustration would get the better of them, Keita’s perfect through-ball allowed Diaz to round the goalkeeper and slot home an angled shot.
On the last two occasions the teams met in the quarter-finals of this competition, in 1978 and 1984, Liverpool went on to lift the trophy and Diaz’s goal put them well on their way to the last four this time.
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.”
Results
4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)
5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel
5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel
6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi
6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud
7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel
7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard
SPECS
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The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Awar Qalb
Director: Jamal Salem
Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman
Two stars
Best Foreign Language Film nominees
Capernaum (Lebanon)
Cold War (Poland)
Never Look Away (Germany)
Roma (Mexico)
Shoplifters (Japan)
Mohammed bin Zayed Majlis
The biog
Mission to Seafarers is one of the largest port-based welfare operators in the world.
It provided services to around 200 ports across 50 countries.
They also provide port chaplains to help them deliver professional welfare services.
ILT20%20UAE%20stars
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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
The specs
Engine: 6.2-litre V8
Power: 502hp at 7,600rpm
Torque: 637Nm at 5,150rpm
Transmission: 8-speed dual-clutch auto
Price: from Dh317,671
On sale: now
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
PAKISTAN SQUAD
Pakistan - Sarfraz Ahmed (captain), Azhar Ali, Fakhar Zaman, Imam-ul-Haq, Babar Azam, Shoaib Malik, Mohammad Hafeez, Haris Sohail, Faheem Ashraf, Shadab Khan, Mohammad Nawaz, Mohammad Amir, Hasan Ali, Aamer Yamin, Rumman Raees.
Results
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Breast cancer in men: the facts
1) Breast cancer is men is rare but can develop rapidly. It usually occurs in those over the ages of 60, but can occasionally affect younger men.
2) Symptoms can include a lump, discharge, swollen glands or a rash.
3) People with a history of cancer in the family can be more susceptible.
4) Treatments include surgery and chemotherapy but early diagnosis is the key.
5) Anyone concerned is urged to contact their doctor
How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff
Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
Gully Boy
Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi
Rating: 4/5 stars
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
COMPANY%20PROFILE
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