Kevin De Bruyne says the togetherness in the Manchester City squad is key to their continued success – and the major reason he is committed long-term to the club.
The English champions get their 2022/23 season under way on Saturday with the Community Shield against Liverpool before beginning the defence of their Premier League title next week away to West Ham United.
City are early favourites to secure a fifth top-flight crown in six years after a summer in which they have signed star striker Erling Haaland and midfielder Kalvin Phillips. Julian Alvarez, the highly promising young forward, has joined the squad following his loan at River Plate.
De Bruyne, though, remains one of the team’s standouts, and concluded last season by saying he was happy to remain at the club until his contract finishes in three years.
The Belgian international, 31, joined City in 2015 and has gone on to prove a bedrock in their dominance of English football.
On Thursday, manager Pep Guardiola said he believed De Bruyne to be the best central midfielder in the world.
De Bruyne, meanwhile, feels he is in the perfect environment to continue to improve – and that can only spell good news for City.
“This is where I want to be, this is my team,” De Bruyne told The National. “People will talk about individual performances and individual awards, but that doesn’t bring success.
“What brings success is the team and the players around you who push you to be better. There’s no better place for me than City. I’ve been here for seven years and together we’ve had so much success.
“I believe that together we can achieve even more, and I hope to continue that in the future with this club.”
Manchester City season ratings 2021/22
Of course, aside from sustained domestic success, City will have sights sets this campaign on finally capturing the Uefa Champions League trophy. The club have come agonisingly close before, losing the 2020/21 final to Chelsea by a single goal.
Last season, City were knocked out of Europe’s premier club competition in the semi-finals by eventual winners Real Madrid.
To their credit, Guardiola’s side rebounded from the disappointment by winning three of their remaining four Premier League matches – the other was a come-from-behind 2-2 draw at West Ham - to seal the title in thrilling fashion on the final day.
“Of course, to win a title having come so close in another competition is special for us, but winning every Premier League title has been special,” De Bruyne said. “We had to work hard as a group to come back from that result in Madrid.
“We knew what we had to do, we knew we had to win our games and we managed to do that. Even against West Ham when we didn’t win, we came back from two goals down to get a result that helped carry us into the final day and I think that says a lot about our character.
“Of course, our aim is to keep improving, to challenge for the Champions League as well, and hopefully anyone who comes in this summer will push us closer to that.”
Manchester City salaries 2022/22
NBA Finals results
Game 1: Warriors 124, Cavaliers 114
Game 2: Warriors 122, Cavaliers 103
Game 3: Cavaliers 102, Warriors 110
Game 4: In Cleveland, Sunday (Monday morning UAE)
Company%20Profile
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Masters%20of%20the%20Air
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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.”
Cultural fiesta
What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421, Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day.
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Specs%20
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Get Out
Director: Jordan Peele
Stars: Daniel Kaluuya, Allison Williams, Catherine Keener, Bradley Whitford
Four stars