• Manchester City's Belgian star Kevin De Bruyne celebrates after scoring his and his team's fourth goal during the 5-1 Premier League win at Wolves. AFP
    Manchester City's Belgian star Kevin De Bruyne celebrates after scoring his and his team's fourth goal during the 5-1 Premier League win at Wolves. AFP
  • Manchester City's Kevin De Bruyne celebrates after scoring the first goal. Getty
    Manchester City's Kevin De Bruyne celebrates after scoring the first goal. Getty
  • Manchester City's Kevin De Bruyne celebrates scoring the first. PA
    Manchester City's Kevin De Bruyne celebrates scoring the first. PA
  • De Bruyne celebrates with teammates after scoring the first. EPA
    De Bruyne celebrates with teammates after scoring the first. EPA
  • Wolves' Leander Dendoncker levels the scores at 1-1. Getty
    Wolves' Leander Dendoncker levels the scores at 1-1. Getty
  • Wolves' Jose Sa celebrates after Leander Dendoncker scores. Reuters
    Wolves' Jose Sa celebrates after Leander Dendoncker scores. Reuters
  • Kevin De Bruyne scores City's second goal. AP
    Kevin De Bruyne scores City's second goal. AP
  • Kevin De Bruyne celebrates scoring their second goal with Raheem Sterling. Reuters
    Kevin De Bruyne celebrates scoring their second goal with Raheem Sterling. Reuters
  • Kevin De Bruyne celebrates after scoring City's second goal. AP
    Kevin De Bruyne celebrates after scoring City's second goal. AP
  • De Bruyne celebrates scoring City's third goal with Phil Foden. Reuters
    De Bruyne celebrates scoring City's third goal with Phil Foden. Reuters
  • De Bruyne celebrates City's third goal and his hat-trick. Getty
    De Bruyne celebrates City's third goal and his hat-trick. Getty
  • Manchester City's Kevin De Bruyne scores their third goal. Reuters
    Manchester City's Kevin De Bruyne scores their third goal. Reuters
  • Kevin De Bruyne celebrates after scoring his fourth goal. AFP
    Kevin De Bruyne celebrates after scoring his fourth goal. AFP
  • De Bruyne celebrates after scoring his team fourth goal. AFP
    De Bruyne celebrates after scoring his team fourth goal. AFP
  • Raheem Sterling scores City's fin al goal in the 5-1 victory. EPA
    Raheem Sterling scores City's fin al goal in the 5-1 victory. EPA
  • Kevin De Bruyne is handed the match ball by referee Martin Atkinson. Reuters
    Kevin De Bruyne is handed the match ball by referee Martin Atkinson. Reuters

Guardiola expects 'incredible' Haaland to 'adapt perfectly' to Manchester City system


  • English
  • Arabic

Pep Guardiola has described Erling Haaland as an "incredible young talent" and expects the Norwegian striker to settle quickly into his system at Manchester City.

Haaland, 21, is set to join City at the end of the season after the Premier League champions agreed a deal in principle with Borussia Dortmund and their star forward. All that remains is finalising personal terms with Haaland and paying Dortmund his £51.25 million ($63.15m) release clause.

Having scored scored 85 goals in 88 appearances in all competitions so far for Dortmund, Haaland's arrival provides City a prolific goalscorer and long-term successor to Sergio Aguero.

City have hardly struggled without a recognised striker this season, scoring a league-leading 94 goals, but the presence of Haaland will add even more potency to their attack, particularly in the Champions League knockout rounds where City have come unstuck in recent seasons.

"It is a decision for the club to make a good sign for the future," Guardiola said after City's 5-1 win at Wolves on Wednesday, which moved the defending champions three points clear of Liverpool in the Premier League title race.

"He can come for many, many years hopefully and I am pretty sure he will adapt perfectly to our team for next season. The players make you a good manager. He is an incredible young talent, perfect age. I am pretty sure we are going to help him settle as best possible."

Haaland forming an effective partnership with playmaker Kevin De Bruyne is a mouthwatering prospect for City, although the Belgian turned from provider to prolific finisher against Wolves by scoring four of his team's five goals, taking his tally to 18 in all competitions this season.

Wolves v Man City player ratings

  • WOLVES RATINGS: Jose Sa 4 – Five goals conceded and poor distribution capped a poor evening for the Portuguese stopper. He was arguably at fault for City’s first two goals, De Bruyne punishing the home keeper. Reuters
    WOLVES RATINGS: Jose Sa 4 – Five goals conceded and poor distribution capped a poor evening for the Portuguese stopper. He was arguably at fault for City’s first two goals, De Bruyne punishing the home keeper. Reuters
  • Conor Coady 6 – A tough evening for the skipper, who seemed to spend much of the game cleaning up the mess left by his fellow defenders. AP Photo
    Conor Coady 6 – A tough evening for the skipper, who seemed to spend much of the game cleaning up the mess left by his fellow defenders. AP Photo
  • Jonny 4 – Played in a central role and couldn’t track De Bruyne’s movement. Was caught napping for City’s first, and was wasteful when in possession. EPA
    Jonny 4 – Played in a central role and couldn’t track De Bruyne’s movement. Was caught napping for City’s first, and was wasteful when in possession. EPA
  • Willy Boly 4 – Looked nervous, particularly when put under pressure by City’s forwards, and was guilty of being wasteful in possession. Struggled to contain City’s forwards. EPA
    Willy Boly 4 – Looked nervous, particularly when put under pressure by City’s forwards, and was guilty of being wasteful in possession. Struggled to contain City’s forwards. EPA
  • Chiquinho 8 – The wing-back impressed on his debut and was Wolves’ best player by far, causing City’s defenders problems with his aggressive approach. AFP
    Chiquinho 8 – The wing-back impressed on his debut and was Wolves’ best player by far, causing City’s defenders problems with his aggressive approach. AFP
  • Leander Dendoncker 5 – Levelled the scores at 1-1 and might have had a second had he shot with Ederson off his line and out of position, rather than passing the ball. PA
    Leander Dendoncker 5 – Levelled the scores at 1-1 and might have had a second had he shot with Ederson off his line and out of position, rather than passing the ball. PA
  • Ruben Neves 5 – Hasn’t been the same since returning from injury, and was once again under par. Didn’t track his runners, just looked off the pace. Reuters
    Ruben Neves 5 – Hasn’t been the same since returning from injury, and was once again under par. Didn’t track his runners, just looked off the pace. Reuters
  • Joao Moutinho 5 – Had a tough evening trying to derail compatriot Silva, but was second best throughout with Wolves’ midfield overrun. Looked tired. AP Photo
    Joao Moutinho 5 – Had a tough evening trying to derail compatriot Silva, but was second best throughout with Wolves’ midfield overrun. Looked tired. AP Photo
  • Rayan Ait-Nouri 6 – Impressive in glimpses going forward, but poor defensively. He was at fault on one occasion, but fortunately for him De Bruyne struck the post. One of Wolves’ better performers. Reuters
    Rayan Ait-Nouri 6 – Impressive in glimpses going forward, but poor defensively. He was at fault on one occasion, but fortunately for him De Bruyne struck the post. One of Wolves’ better performers. Reuters
  • Pedro Neto 5 – Supplied the cross to Dendoncker to equalise but was largely quiet. AFP
    Pedro Neto 5 – Supplied the cross to Dendoncker to equalise but was largely quiet. AFP
  • Raul Jimenez 5 – Was integral to Wolves’ equaliser after controlling the ball and playing a neat pass to Neto, but did little else. Action Images
    Raul Jimenez 5 – Was integral to Wolves’ equaliser after controlling the ball and playing a neat pass to Neto, but did little else. Action Images
  • SUBS: Hwang Hee-Chan (Jimenez, 72) N/A – Didn’t see much of the ball after coming on, but was guilty of losing possession when he did. Couldn’t get into the speed of the game. AP Photo
    SUBS: Hwang Hee-Chan (Jimenez, 72) N/A – Didn’t see much of the ball after coming on, but was guilty of losing possession when he did. Couldn’t get into the speed of the game. AP Photo
  • Francisco Trincao (Chiquinho, 72) N/A – Looked eager and busy when he came on but didn’t have many touches. Getty Images
    Francisco Trincao (Chiquinho, 72) N/A – Looked eager and busy when he came on but didn’t have many touches. Getty Images
  • Luke Cundle (Moutinho, 85) N/A – His fresh legs were welcome, and he’ll have loved getting some game time. AFP
    Luke Cundle (Moutinho, 85) N/A – His fresh legs were welcome, and he’ll have loved getting some game time. AFP
  • MANCHESTER CITY RATINGS: Ederson 6 – Didn’t have much to do and could do little about the goal, but he did make a good save to deny Coady, though the Wolves defender was later adjudged offside. Was caught in no-man’s land later, but Dendoncker couldn’t punish. AP
    MANCHESTER CITY RATINGS: Ederson 6 – Didn’t have much to do and could do little about the goal, but he did make a good save to deny Coady, though the Wolves defender was later adjudged offside. Was caught in no-man’s land later, but Dendoncker couldn’t punish. AP
  • Joao Cancelo 8 – Sold at the back but, as ever, but it was his forward runs and Hollywood passing around the Wolves box that caused the home side issues. Getty Images
    Joao Cancelo 8 – Sold at the back but, as ever, but it was his forward runs and Hollywood passing around the Wolves box that caused the home side issues. Getty Images
  • Fernandinho 7 – Played well until substituted in the 76th minute, the old hand using his experience to keep Wolves at bay. His injury could be a concern this weekend. Getty Images
    Fernandinho 7 – Played well until substituted in the 76th minute, the old hand using his experience to keep Wolves at bay. His injury could be a concern this weekend. Getty Images
  • Aymeric Laporte 8 – His night was brought to an abrupt end when he suffered a knee injury. Until then, though, he had been superb, making two vital interventions. AP
    Aymeric Laporte 8 – His night was brought to an abrupt end when he suffered a knee injury. Until then, though, he had been superb, making two vital interventions. AP
  • Oleksandr Zinchenko 7 – Had his hands full attempting to keep Chiquinho quiet, but like Cancelo got forward when possible, and was involved in two of the goals. Getty
    Oleksandr Zinchenko 7 – Had his hands full attempting to keep Chiquinho quiet, but like Cancelo got forward when possible, and was involved in two of the goals. Getty
  • Rodri 6 – Looked more comfortable going forward than he did marshalling the space in front of his own defence. Action Images
    Rodri 6 – Looked more comfortable going forward than he did marshalling the space in front of his own defence. Action Images
  • Ilkay Gundogan 7 – Was the better of the two players in City’s double pivot, and controlled the game. Reuters
    Ilkay Gundogan 7 – Was the better of the two players in City’s double pivot, and controlled the game. Reuters
  • Raheem Sterling 7 – Scored City’s fifth but perhaps could and should have had five himself. Caused Wolves so many problems, but missed a hatful of chances. Reuters
    Raheem Sterling 7 – Scored City’s fifth but perhaps could and should have had five himself. Caused Wolves so many problems, but missed a hatful of chances. Reuters
  • Kevin De Bruyne 10 – Scored four goals, including a 24-minute hat-trick, came close to a fifth, and single handedly destroyed the home side. Absolutely scintillating, a masterclass. PA
    Kevin De Bruyne 10 – Scored four goals, including a 24-minute hat-trick, came close to a fifth, and single handedly destroyed the home side. Absolutely scintillating, a masterclass. PA
  • Phil Foden 7 – Always involved, always teasing. Was involved in a lot of City’s attacks and on another day would probably have walked away with his name on the scoresheet. AFP
    Phil Foden 7 – Always involved, always teasing. Was involved in a lot of City’s attacks and on another day would probably have walked away with his name on the scoresheet. AFP
  • Bernardo Silva 8 – Was a threat all evening, finding pockets of space in attacking areas, and stretching the game with Wolves chasing the match in the second half. EPA
    Bernardo Silva 8 – Was a threat all evening, finding pockets of space in attacking areas, and stretching the game with Wolves chasing the match in the second half. EPA
  • SUBS: Nathan Ake (Laporte, 61) 7 – Solid showing, and could be key given the injuries to Laporte and Fernandinho. AP Photo
    SUBS: Nathan Ake (Laporte, 61) 7 – Solid showing, and could be key given the injuries to Laporte and Fernandinho. AP Photo
  • Riyad Mahrez (Fernandinho, 77) N/A – Would have been frustrated not to get on earlier. Game was over when he came on. Reuters
    Riyad Mahrez (Fernandinho, 77) N/A – Would have been frustrated not to get on earlier. Game was over when he came on. Reuters
  • Jack Grealish (Foden, 81) N/A – Showed glimpses of what he can do in his nine-minute cameo. Seems to be hitting his peak right at the season’s end. Getty Images
    Jack Grealish (Foden, 81) N/A – Showed glimpses of what he can do in his nine-minute cameo. Seems to be hitting his peak right at the season’s end. Getty Images

"He has played the last two or three months especially in the Premier League outstanding, and in the Champions League as well. He has been our key man in this part of the season," Guardiola said.

"It is not just what he creates and the goals and everything. He helps us a lot. I am happy because Kevin is so generous and always thinking the best for the team but this year is also the most prolific for him."

Such was De Bruyne's brilliance, Wolves coach Carlos Cachada admitted there was little his team could do to prevent a heavy defeat.

"When you have players like De Bruyne, who can always change the game, you can have a strategy but when it comes to players like this they can score four goals and finish the game," he said. "With that performance we can do nothing about it."

Haaland trains with Dortmund after Man City announce transfer

  • Borussia Dortmund's Erling Haaland during his team's training session in Dortmund on Tuesday, May 10, 2022. EPA
    Borussia Dortmund's Erling Haaland during his team's training session in Dortmund on Tuesday, May 10, 2022. EPA
  • Erling Haaland trains with his team on the day Manchester City and Borussia Dortmund announced to have reached an agreement for his transfer to the Premier League. EPA
    Erling Haaland trains with his team on the day Manchester City and Borussia Dortmund announced to have reached an agreement for his transfer to the Premier League. EPA
  • Dortmund's Erling Haaland trains with his teammates on Tuesday after Manchester City announced a deal had been agreed for his transfer. EPA
    Dortmund's Erling Haaland trains with his teammates on Tuesday after Manchester City announced a deal had been agreed for his transfer. EPA
  • Dortmund's Erling Haaland, left, with Reinier, centre, and Jude Bellingham during training on Tuesday. EPA
    Dortmund's Erling Haaland, left, with Reinier, centre, and Jude Bellingham during training on Tuesday. EPA
  • Dortmund's Erling Haaland trains on Tuesday. EPA
    Dortmund's Erling Haaland trains on Tuesday. EPA
  • Erling Haaland leaves Dortmund's training ground. EPA
    Erling Haaland leaves Dortmund's training ground. EPA
  • Dortmund's manager Marco Rose talks to Erling Haaland during training. EPA
    Dortmund's manager Marco Rose talks to Erling Haaland during training. EPA
Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

MATCH INFO

FA Cup fifth round

Chelsea v Manchester United, Monday, 11.30pm (UAE), BeIN Sports

About Housecall

Date started: July 2020

Founders: Omar and Humaid Alzaabi

Based: Abu Dhabi

Sector: HealthTech

# of staff: 10

Funding to date: Self-funded

Boulder shooting victims

• Denny Strong, 20
• Neven Stanisic, 23
• Rikki Olds, 25
• Tralona Bartkowiak, 49
• Suzanne Fountain, 59
• Teri Leiker, 51
• Eric Talley, 51
• Kevin Mahoney, 61
• Lynn Murray, 62
• Jody Waters, 65

UAE currency: the story behind the money in your pockets
SERIE A FIXTURES

Saturday (All UAE kick-off times)

Lecce v SPAL (6pm)

Bologna v Genoa (9pm)

Atlanta v Roma (11.45pm)

Sunday

Udinese v Hellas Verona (3.30pm)

Juventus v Brescia (6pm)

Sampdoria v Fiorentina (6pm)

Sassuolo v Parma (6pm)

Cagliari v Napoli (9pm)

Lazio v Inter Milan (11.45pm)

Monday

AC Milan v Torino (11.45pm)

 

The Bio

Favourite place in UAE: Al Rams pearling village

What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft

Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans

Best time to swim in the sea: When there is enough light to see beneath the surface

Essentials

The flights

Emirates and Etihad fly direct from the UAE to Geneva from Dh2,845 return, including taxes. The flight takes 6 hours. 

The package

Clinique La Prairie offers a variety of programmes. A six-night Master Detox costs from 14,900 Swiss francs (Dh57,655), including all food, accommodation and a set schedule of medical consultations and spa treatments.

Essentials
The flights: You can fly from the UAE to Iceland with one stop in Europe with a variety of airlines. Return flights with Emirates from Dubai to Stockholm, then Icelandair to Reykjavik, cost from Dh4,153 return. The whole trip takes 11 hours. British Airways flies from Abu Dhabi and Dubai to Reykjavik, via London, with return flights taking 12 hours and costing from Dh2,490 return, including taxes. 
The activities: A half-day Silfra snorkelling trip costs 14,990 Icelandic kronur (Dh544) with Dive.is. Inside the Volcano also takes half a day and costs 42,000 kronur (Dh1,524). The Jokulsarlon small-boat cruise lasts about an hour and costs 9,800 kronur (Dh356). Into the Glacier costs 19,500 kronur (Dh708). It lasts three to four hours.
The tours: It’s often better to book a tailor-made trip through a specialist operator. UK-based Discover the World offers seven nights, self-driving, across the island from £892 (Dh4,505) per person. This includes three nights’ accommodation at Hotel Husafell near Into the Glacier, two nights at Hotel Ranga and two nights at the Icelandair Hotel Klaustur. It includes car rental, plus an iPad with itinerary and tourist information pre-loaded onto it, while activities can be booked as optional extras. More information inspiredbyiceland.com

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

Who was Alfred Nobel?

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.
COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

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 

 

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Clinicy%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Prince%20Mohammed%20Bin%20Abdulrahman%2C%20Abdullah%20bin%20Sulaiman%20Alobaid%20and%20Saud%20bin%20Sulaiman%20Alobaid%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Riyadh%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2025%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20HealthTech%3Cbr%3E%3Cstrong%3ETotal%20funding%20raised%3A%3C%2Fstrong%3E%20More%20than%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Middle%20East%20Venture%20Partners%2C%20Gate%20Capital%2C%20Kafou%20Group%20and%20Fadeed%20Investment%3C%2Fp%3E%0A
LA LIGA FIXTURES

Friday

Granada v Real Betis (9.30pm)

Valencia v Levante (midnight)

Saturday

Espanyol v Alaves (4pm)

Celta Vigo v Villarreal (7pm)

Leganes v Real Valladolid (9.30pm)

Mallorca v Barcelona (midnight)

Sunday

Atletic Bilbao v Atletico Madrid (4pm)

Real Madrid v Eibar (9.30pm)

Real Sociedad v Osasuna (midnight)

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.”

What is a Ponzi scheme?

A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.

Gully Boy

Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi​​​​​​​
Rating: 4/5 stars

Results

4pm: Maiden; Dh165,000 (Dirt); 1,400m
Winner: Solar Shower; William Lee (jockey); Helal Al Alawi (trainer)

4.35pm: Handicap; Dh165,000 (D); 2,000m
Winner: Thaaqib; Antonio Fresu; Erwan Charpy.

5.10pm: Maiden; Dh165,000 (Turf); 1,800m
Winner: Bila Shak; Adrie de Vries; Fawzi Nass

5.45pm: Handicap; Dh175,000 (D); 1,200m
Winner: Beachcomber Bay; Richard Mullen; Satish Seemar

6.20pm: Handicap;​​​​​​​ Dh205,000 (T); 1,800m
Winner: Muzdawaj; Jim Crowley;​​​​​​​ Musabah Al Muhairi

6.55pm: Handicap;​​​​​​​ Dh185,000 (D); 1,600m
Winner: Mazeed; Tadhg O’Shea;​​​​​​​ Satish Seemar

7.30pm: Handicap; Dh205,000 (T); 1,200m
Winner: Riflescope; Tadhg O’Shea;​​​​​​​ Satish Seemar.

MATCH INFO

FA Cup final

Chelsea 1
Hazard (22' pen)

Manchester United 0

Man of the match: Eden Hazard (Chelsea)

When is VAR used?

Goals

Penalty decisions

Direct red-card incidents

Mistaken identity

The specs

Engine: 1.5-litre, 4-cylinder turbo

Transmission: CVT

Power: 170bhp

Torque: 220Nm

Price: Dh98,900

Remaining fixtures

Third-place-play-off: Portugal v Mexico, 4pm on Sunday

Final: Chile v Germany, 10pm on Sunday

MATCH INFO

Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
 
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Namibia beat Oman by 52 runs
UAE beat Namibia by eight wickets
UAE v Oman - abandoned
Oman v Namibia - abandoned

Kill%20
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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
FIGHT CARD

Welterweight Mostafa Radi (PAL) v Tohir Zhuraev (TJK)

Catchweight 75kg Leandro Martins (BRA) v Anas Siraj Mounir (MAR)

Flyweight Corinne Laframboise (CAN) v Manon Fiorot (FRA)

Featherweight Ahmed Al Darmaki (UAE) v Bogdan Kirilenko (UZB)

Lightweight Izzedine Al Derabani (JOR) v Atabek Abdimitalipov (KYG)

Featherweight Yousef Al Housani (UAE) v Mohamed Arsharq Ali (SLA)

Catchweight 69kg Jung Han-gook (KOR) v Elias Boudegzdame (ALG)

Catchweight 71kg Usman Nurmagomedov (RUS) v Jerry Kvarnstrom (FIN)

Featherweight title Lee Do-gyeom (KOR) v Alexandru Chitoran (ROU)

Lightweight title Bruno Machado (BRA) v Mike Santiago (USA)

57%20Seconds
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Plan to boost public schools

A major shake-up of government-run schools was rolled out across the country in 2017. Known as the Emirati School Model, it placed more emphasis on maths and science while also adding practical skills to the curriculum.

It was accompanied by the promise of a Dh5 billion investment, over six years, to pay for state-of-the-art infrastructure improvements.

Aspects of the school model will be extended to international private schools, the education minister has previously suggested.

Recent developments have also included the introduction of moral education - which public and private schools both must teach - along with reform of the exams system and tougher teacher licensing requirements.

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

What is the FNC?

The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning. 
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval. 
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
 

Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

RESULT

Manchester City 1 Sheffield United 0
Man City:
Jesus (9')

Updated: May 12, 2022, 8:06 AM