• Manchester United's Cristiano Ronaldo reacts during the 4-0 Premier League defeat at Brentford on August 13, 2022. PA
    Manchester United's Cristiano Ronaldo reacts during the 4-0 Premier League defeat at Brentford on August 13, 2022. PA
  • Cristiano Ronaldo suffers a knock. AFP
    Cristiano Ronaldo suffers a knock. AFP
  • Cristiano Ronaldo looks dejected after Brentford's Mathias Jensen scores their second goal. Reuters
    Cristiano Ronaldo looks dejected after Brentford's Mathias Jensen scores their second goal. Reuters
  • Manager Erik ten Hag gestures on the touchline as the misery unfolds. AFP
    Manager Erik ten Hag gestures on the touchline as the misery unfolds. AFP
  • Cristiano Ronaldo reacts as Brentford score again. AP
    Cristiano Ronaldo reacts as Brentford score again. AP
  • Cristiano Ronaldo and Lisandro Martinez of Manchester United look dejected. Getty
    Cristiano Ronaldo and Lisandro Martinez of Manchester United look dejected. Getty
  • Brentford's Pontus Jansson clashes with Cristiano Ronaldo. Action Images
    Brentford's Pontus Jansson clashes with Cristiano Ronaldo. Action Images
  • Manchester United's Cristiano Ronaldo reacts during the thrashing. Reuters
    Manchester United's Cristiano Ronaldo reacts during the thrashing. Reuters
  • Manchester United's Cristiano Ronaldo looks dejected after Brentford's Bryan Mbeumo scores their fourth goal. Reuters
    Manchester United's Cristiano Ronaldo looks dejected after Brentford's Bryan Mbeumo scores their fourth goal. Reuters
  • Cristiano Ronaldo did not enjoy his day. Getty
    Cristiano Ronaldo did not enjoy his day. Getty
  • Josh Dasilva celebrates after scoring Brentford's first goal. Getty
    Josh Dasilva celebrates after scoring Brentford's first goal. Getty
  • Manchester United's David de Gea looks dejected after Brentford's Josh Dasilva scores their first goal. Reuters
    Manchester United's David de Gea looks dejected after Brentford's Josh Dasilva scores their first goal. Reuters
  • Josh Dasilva, second left, celebrates with team-mates after scoring the opening goal. AP
    Josh Dasilva, second left, celebrates with team-mates after scoring the opening goal. AP
  • Brentford's Danish midfielder Mathias Jensen shoots to score their second goal. AFP
    Brentford's Danish midfielder Mathias Jensen shoots to score their second goal. AFP
  • Brentford's Mathias Jensen, centre, celebrates with teammates. AP
    Brentford's Mathias Jensen, centre, celebrates with teammates. AP
  • Defender Ben Mee (2l) scores Brentford's third goal. AFP
    Defender Ben Mee (2l) scores Brentford's third goal. AFP
  • Ben Mee celebrates his goal. AFP
    Ben Mee celebrates his goal. AFP
  • Bryan Mbeumo shoots past goalkeeper David de Gea to score the fourth. AFP
    Bryan Mbeumo shoots past goalkeeper David de Gea to score the fourth. AFP
  • Bryan Mbeumo celebrates scoring the fourth goal. Action Images
    Bryan Mbeumo celebrates scoring the fourth goal. Action Images

Sport

Football

Cristiano Ronaldo lashes out at media ‘lies’ over Manchester United future

Portugal striker was responding to a fan account which referred to a report linking him with a move to Atletico Madrid

Steve Luckings
Steve Luckings

August 17, 2022

  • English
  • Arabic

Cristiano Ronaldo has accused the media of spreading "lies" regarding his future at Manchester United.

Speculation over whether the Portugal forward will leave Old Trafford has dominated the headlines for much of the summer transfer window.

Ronaldo, 37, missed United’s pre-season tour to Thailand and Australia because for "family" reasons and it was widely reported the striker asked to leave the club to play Champions League football after club missed out following a disappointing 2021/22 campaign.

But United maintain the player, who scored 24 goals last season across competitions, is not for sale and remains an integral part of the plans of new boss Erik ten Hag.

Ronaldo played the full 90 minutes of United’s 4-0 defeat at Brentford on Saturday, which left them bottom of the Premier League. It followed an opening day defeat at home to Brighton & Hove Albion.

In a reply to a fan account on Instagram which referred to a report linking the United frontman to Atletico Madrid, Ronaldo said: “They [will] know the truth when they interview in a couple weeks. The media is telling lies.

“I have a notebook and in the last few months of the 100 news I made, only five were right. Imagine how it is. Stick with that tip.”

Brentford v Man United ratings

  • BRENTFORD RATINGS: David Raya - 7. The Spaniard did not have much to deal during his side's first-half rampage. Manchester United offered a bit more in the second half but nothing which really tested Raya. Getty
    BRENTFORD RATINGS: David Raya - 7. The Spaniard did not have much to deal during his side's first-half rampage. Manchester United offered a bit more in the second half but nothing which really tested Raya. Getty
  • Rico Henry - 7. Was able to limit Jadon Sancho to an ineffective performance and caused problems going forward down the left flank. AP
    Rico Henry - 7. Was able to limit Jadon Sancho to an ineffective performance and caused problems going forward down the left flank. AP
  • Mads Roerslev - 8. A solid day at the office for Roerslev, who didn’t put a foot wrong all game. AFP
    Mads Roerslev - 8. A solid day at the office for Roerslev, who didn’t put a foot wrong all game. AFP
  • Ben Mee - 8. Comfortable afternoon defensively on his home debut and kept the opponents' front three at bay. His performance was topped off with a goal at point blank range as his side made use of their physical advantage at set pieces. AFP
    Ben Mee - 8. Comfortable afternoon defensively on his home debut and kept the opponents' front three at bay. His performance was topped off with a goal at point blank range as his side made use of their physical advantage at set pieces. AFP
  • Pontus Jansson – 8. It was an impressive performance all round for the Swede. He dealt with everything that came his way defensively, keeping Cristiano Ronaldo quiet all game. Up the other end of the pitch, the defender used his height to be a constant nuisance in set pieces. Getty
    Pontus Jansson – 8. It was an impressive performance all round for the Swede. He dealt with everything that came his way defensively, keeping Cristiano Ronaldo quiet all game. Up the other end of the pitch, the defender used his height to be a constant nuisance in set pieces. Getty
  • Aaron Hickey – 7. The Scotsman did not find Marcus Rashford’s pace an issue and was defensively sound. Like his teammate on the opposite flank, Hickey also caused problems going forward. AP
    Aaron Hickey – 7. The Scotsman did not find Marcus Rashford’s pace an issue and was defensively sound. Like his teammate on the opposite flank, Hickey also caused problems going forward. AP
  • Mathias Jensen - 10. A ruthless performance from the Dane, his constant pressing led to his sides first two goals, scoring the latter himself after stealing the ball off Christian Eriksen. He also caused numerous problems for the United defence with his set piece deliveries. AFP
    Mathias Jensen - 10. A ruthless performance from the Dane, his constant pressing led to his sides first two goals, scoring the latter himself after stealing the ball off Christian Eriksen. He also caused numerous problems for the United defence with his set piece deliveries. AFP
  • Christian Norgaard – 7. Perhaps not in the limelight as much as his two other teammates in the midfield, however had a composed performance sitting the deepest out of the three. Did well to keep creativity from Utd’s midfield at a minimum, one of which being former teammate Eriksen. Getty
    Christian Norgaard – 7. Perhaps not in the limelight as much as his two other teammates in the midfield, however had a composed performance sitting the deepest out of the three. Did well to keep creativity from Utd’s midfield at a minimum, one of which being former teammate Eriksen. Getty
  • Josh Dasilva – 8. He followed on from netting his sides equaliser last week as he opened the scoring after David De Gea spilled the midfielder's shot on goal. An energetic performance and frustrated the opposition. Reuters
    Josh Dasilva – 8. He followed on from netting his sides equaliser last week as he opened the scoring after David De Gea spilled the midfielder's shot on goal. An energetic performance and frustrated the opposition. Reuters
  • Bryan Mbeumo – 9. A hardworking performance which was rewarded with a classy touch and finish to make it 4-0 and put the fixture to bed in the first half. His work running down the channels and constant pressing played a key part in his side’s dominance. Reuters
    Bryan Mbeumo – 9. A hardworking performance which was rewarded with a classy touch and finish to make it 4-0 and put the fixture to bed in the first half. His work running down the channels and constant pressing played a key part in his side’s dominance. Reuters
  • Ivan Toney – 9. Despite not getting on the scoresheet, Toney did not disappoint. He caused constant problems for the United defence, making the most of the mis-match handed to him with Lisandro Martinez. Also, a fantastic assist for Brentford’s fourth. Getty
    Ivan Toney – 9. Despite not getting on the scoresheet, Toney did not disappoint. He caused constant problems for the United defence, making the most of the mis-match handed to him with Lisandro Martinez. Also, a fantastic assist for Brentford’s fourth. Getty
  • SUBS: Vitaly Janelt (Dasilva 62') – 6. Slotted in nicely in what was an uneventful second half. Yoane Wissa (Mbeumo 73') - N/A. Did well but Brentford were already cruising. Getty
    SUBS: Vitaly Janelt (Dasilva 62') – 6. Slotted in nicely in what was an uneventful second half. Yoane Wissa (Mbeumo 73') - N/A. Did well but Brentford were already cruising. Getty
  • Shandon Baptiste - (Jensen 74') - N/A. Did well to pick up from where the Dane had left off. PA
    Shandon Baptiste - (Jensen 74') - N/A. Did well to pick up from where the Dane had left off. PA
  • Frank Onyeka (Norgaard 80') – N/A. Picked up a knock while on and didn’t make much of an impact. Mads Bech Sorensen (Hickey 80') - N/A. Getty
    Frank Onyeka (Norgaard 80') – N/A. Picked up a knock while on and didn’t make much of an impact. Mads Bech Sorensen (Hickey 80') - N/A. Getty
  • MANCHESTER UNITED RATINGS: David de Gea - 1. Not kept a clean sheet since before Christmas away from home and spilled a soft shot after nine minutes for Brentford to take the lead. Shambles of a second goal. Confidence on the floor and it starts at the back. Made better saves in the second half and fronted up to take blame for the defeat. AP
    MANCHESTER UNITED RATINGS: David de Gea - 1. Not kept a clean sheet since before Christmas away from home and spilled a soft shot after nine minutes for Brentford to take the lead. Shambles of a second goal. Confidence on the floor and it starts at the back. Made better saves in the second half and fronted up to take blame for the defeat. AP
  • Luke Shaw - 1. Good one-two in an early foray forward. And that was about it. Brentford had similar tactics to Brighton, dominating in the centre knowing United would be forced wide or even struggle to retain possession. Off at half time. He was fortunate to last that long. AFP
    Luke Shaw - 1. Good one-two in an early foray forward. And that was about it. Brentford had similar tactics to Brighton, dominating in the centre knowing United would be forced wide or even struggle to retain possession. Off at half time. He was fortunate to last that long. AFP
  • Harry Maguire - 1. Booked after 15 in a first 30 minutes when he was under constant pressure. He’s the captain of a team who were all over the place, a team who were a disgrace to the name Manchester United. Reuters
    Harry Maguire - 1. Booked after 15 in a first 30 minutes when he was under constant pressure. He’s the captain of a team who were all over the place, a team who were a disgrace to the name Manchester United. Reuters
  • Lisandro Martinez - 1. Up against the far bigger Ivan Toney and Brentford were right onto him. No chance against Mee for the third as Brentford exploited United on set plays. Horrendous half of football. Reuters
    Lisandro Martinez - 1. Up against the far bigger Ivan Toney and Brentford were right onto him. No chance against Mee for the third as Brentford exploited United on set plays. Horrendous half of football. Reuters
  • Diogo Dalot - 1. Had United’s first shot on target, which was cheered ironically by Brentford fans. The timing between United’s full-backs and the wide men in relation to who attacks where was awful and he was targeted by better Brentford players. AP
    Diogo Dalot - 1. Had United’s first shot on target, which was cheered ironically by Brentford fans. The timing between United’s full-backs and the wide men in relation to who attacks where was awful and he was targeted by better Brentford players. AP
  • Fred - 1. Played as the only defensive midfielder in a 4-3-3 formation, but the game passed him by. United were so easy to read. And exploit. Awful week for a player who had a good pre-season. Reuters
    Fred - 1. Played as the only defensive midfielder in a 4-3-3 formation, but the game passed him by. United were so easy to read. And exploit. Awful week for a player who had a good pre-season. Reuters
  • Christian Eriksen - 1. Caught in possession after 15 in a move which led to Maguire’s booking. Shambles. Volleyed wide after 80 as United had their best spell of the game. Booed by some of the home fans – who he’d served so well last season but turned down to join United. Reuters
    Christian Eriksen - 1. Caught in possession after 15 in a move which led to Maguire’s booking. Shambles. Volleyed wide after 80 as United had their best spell of the game. Booed by some of the home fans – who he’d served so well last season but turned down to join United. Reuters
  • Bruno Fernandes - 1. Skied a shot over after 10, just as he’d done early on against Brighton last week. At the very least he has to hit the target, not send the ball towards Canary Wharf. He’s supposed to be a leader and United need their top men to stand up. Reuters
    Bruno Fernandes - 1. Skied a shot over after 10, just as he’d done early on against Brighton last week. At the very least he has to hit the target, not send the ball towards Canary Wharf. He’s supposed to be a leader and United need their top men to stand up. Reuters
  • Jadon Sancho - 1. Did he play? Zero pressure in the final third against a Brentford side who didn’t have a full team out. The tactical instructions came from Erik Ten Hag and he got it all wrong once again, but the 4-0 defeat was on the players too. AFP
    Jadon Sancho - 1. Did he play? Zero pressure in the final third against a Brentford side who didn’t have a full team out. The tactical instructions came from Erik Ten Hag and he got it all wrong once again, but the 4-0 defeat was on the players too. AFP
  • Cristiano Ronaldo - 2. Caught in possession before the opening goal – though he claimed a foul. Headed over after 52 and had a couple of chances. Fuming. Aren’t all United fans? PA
    Cristiano Ronaldo - 2. Caught in possession before the opening goal – though he claimed a foul. Headed over after 52 and had a couple of chances. Fuming. Aren’t all United fans? PA
  • Marcus Rashford - 1. Beautiful early turn to play in Ronaldo when the score was 0-0. And that was about it until he crossed for Eriksen after 66. Genuine surprise from United fans that PSG are interested in him. Getty
    Marcus Rashford - 1. Beautiful early turn to play in Ronaldo when the score was 0-0. And that was about it until he crossed for Eriksen after 66. Genuine surprise from United fans that PSG are interested in him. Getty
  • SUBS: Tyrell Malacia (Shaw, HT) - 5. Showed a bit of steel. Shame that his first games in England are in such trying circumstances. Deserves to start over Shaw. PA
    SUBS: Tyrell Malacia (Shaw, HT) - 5. Showed a bit of steel. Shame that his first games in England are in such trying circumstances. Deserves to start over Shaw. PA
  • Raphael Varane (Martinez, HT) - 5. He’s one of the best defenders in the world. Needs to show it for this United side who are going to be eaten alive in the Premier League if this continues. Getty
    Raphael Varane (Martinez, HT) - 5. He’s one of the best defenders in the world. Needs to show it for this United side who are going to be eaten alive in the Premier League if this continues. Getty
  • Scott McTominay (Fred, HT) - 5. Dropped for this game to make way for Ronaldo. One of the better players in the second half. Booked. Getty
    Scott McTominay (Fred, HT) - 5. Dropped for this game to make way for Ronaldo. One of the better players in the second half. Booked. Getty
  • Anthony Elanga (Sancho 60') - 3. Made as much difference as Sancho. Donny van de Beek (Eriksen 86') N/A. Getty
    Anthony Elanga (Sancho 60') - 3. Made as much difference as Sancho. Donny van de Beek (Eriksen 86') N/A. Getty

Manchester United will look to kickstart their Premier League campaign when they host Liverpool on Monday night.

United’s owners have come under fire following the team’s terrible start, with former defender Gary Neville warning the club could finish in the bottom half of the Premier League if they do not address their “horror story” recruitment strategy.

Billionaire Elon Musk, meanwhile, sparked a social media frenzy when he teased the prospect of buying United from the Glazer family.

The Tesla founder made the comment in a late-night tweet, then later clarified his position by saying he had no intention of buying a sports team and that it had been a “long-running joke”.

150 summer transfers - in pictures

  • Perr Schuurs - Ajax to Torino (£8m). AFP
    Perr Schuurs - Ajax to Torino (£8m). AFP
  • Paco Alcacer - Villarreal to Sharjah (loan). Getty Images
    Paco Alcacer - Villarreal to Sharjah (loan). Getty Images
  • Matheus Nunes - Sporting to Wolves (£38m). AFP
    Matheus Nunes - Sporting to Wolves (£38m). AFP
  • Tanguy Nianzou - Bayern Munich to Sevilla (£16.9m). AFP
    Tanguy Nianzou - Bayern Munich to Sevilla (£16.9m). AFP
  • Alan Virginius - Sochaux to Lille (£3.8m). AFP
    Alan Virginius - Sochaux to Lille (£3.8m). AFP
  • Thilo Kehrer - PSG to West Ham (£10.1m). Getty Images
    Thilo Kehrer - PSG to West Ham (£10.1m). Getty Images
  • Pervis Estupinan - Villarreal to Brighton (£15.1m). Getty Images
    Pervis Estupinan - Villarreal to Brighton (£15.1m). Getty Images
  • Destiny Udogie - Udinese to Tottenham (£15.1m). Loaned back to Udinese. Reuters
    Destiny Udogie - Udinese to Tottenham (£15.1m). Loaned back to Udinese. Reuters
  • Sergio Gomez - Anderlecht to Manchester City (£11m). Photo: Manchester City
    Sergio Gomez - Anderlecht to Manchester City (£11m). Photo: Manchester City
  • Alex Collado - Barcelona to Elche (loan). AFP
    Alex Collado - Barcelona to Elche (loan). AFP
  • Remo Freuler - Atalanta to Nottingham Forest (£9m). AP
    Remo Freuler - Atalanta to Nottingham Forest (£9m). AP
  • Marc Bartra - Real Betis to Tranbzonspor (undisclosed fee). Getty Images
    Marc Bartra - Real Betis to Tranbzonspor (undisclosed fee). Getty Images
  • Giovani Lo Celso - Tottenham to Villarreal (loan). Getty Images
    Giovani Lo Celso - Tottenham to Villarreal (loan). Getty Images
  • Cheikhou Kouyate - Crystal Palace to Nottingham Forest (free). Getty Images
    Cheikhou Kouyate - Crystal Palace to Nottingham Forest (free). Getty Images
  • Emmanuel Dennis - Watford to Nottingham Forest (£20m). Getty Images
    Emmanuel Dennis - Watford to Nottingham Forest (£20m). Getty Images
  • Nico González - Barcelona to Valencia (loan). AP Photo
    Nico González - Barcelona to Valencia (loan). AP Photo
  • Luca Pellegrini - Juventus to Eintracht Frankfurt (loan). AFP
    Luca Pellegrini - Juventus to Eintracht Frankfurt (loan). AFP
  • Daniel Wass - Atletico Madrid to Brondby (£1.7m). EPA
    Daniel Wass - Atletico Madrid to Brondby (£1.7m). EPA
  • Pablo Marí - Arsenal to Monza (loan). AP
    Pablo Marí - Arsenal to Monza (loan). AP
  • Dries Mertens - Napoli to Galatasaray (free). AFP
    Dries Mertens - Napoli to Galatasaray (free). AFP
  • Jordan Veretout - Roma to Marseille (£9.3m). Reuters
    Jordan Veretout - Roma to Marseille (£9.3m). Reuters
  • Christian Benteke - Crystal Palace to DC United (undisclosed fee). AFP
    Christian Benteke - Crystal Palace to DC United (undisclosed fee). AFP
  • Maxwell Cornet - West Ham United to Burnley (£17.5m). PA
    Maxwell Cornet - West Ham United to Burnley (£17.5m). PA
  • Georginio Wijnaldum - PSG to Roma (loan). AFP
    Georginio Wijnaldum - PSG to Roma (loan). AFP
  • Lucas Torreira - Arsenal to Galatasaray (£5m). AFP
    Lucas Torreira - Arsenal to Galatasaray (£5m). AFP
  • Marc Cucurella - Brighton to Chelsea (£55m). Getty Images
    Marc Cucurella - Brighton to Chelsea (£55m). Getty Images
  • Ademola Lookman - RB Leipzig to Atalanta (£12.6m). PA via AP
    Ademola Lookman - RB Leipzig to Atalanta (£12.6m). PA via AP
  • Renato Sanches - Lille to Paris Saint-Germain (£12.6m). AFP
    Renato Sanches - Lille to Paris Saint-Germain (£12.6m). AFP
  • Riqui Puig - Barcelona to LA Galaxy (free). AP Photo
    Riqui Puig - Barcelona to LA Galaxy (free). AP Photo
  • Alex Telles - Manchester United to Sevilla (loan). AFP
    Alex Telles - Manchester United to Sevilla (loan). AFP
  • Carney Chukwuemeka - Aston Villa to Chelsea (£20m). Reuters
    Carney Chukwuemeka - Aston Villa to Chelsea (£20m). Reuters
  • Kasper Schmeichel - Leicester City to Nice (£1m). AFP
    Kasper Schmeichel - Leicester City to Nice (£1m). AFP
  • Mattia Viti - Empoli to Nice (£10.9m). AFP
    Mattia Viti - Empoli to Nice (£10.9m). AFP
  • Gabriel Slonina - Chicago Fire to Chelsea (£8.3m). Reuters
    Gabriel Slonina - Chicago Fire to Chelsea (£8.3m). Reuters
  • Bernd Leno - Arsenal to Fulham (£3m). AFP
    Bernd Leno - Arsenal to Fulham (£3m). AFP
  • Charles De Ketelaere - Club Brugge to AC Milan (£26.8m). AFP
    Charles De Ketelaere - Club Brugge to AC Milan (£26.8m). AFP
  • Joe Rodon - Tottenham to Stade Rennais (loan). AFP
    Joe Rodon - Tottenham to Stade Rennais (loan). AFP
  • Borja Mayoral - Real Madrid to Getafe (£8.4m). EPA
    Borja Mayoral - Real Madrid to Getafe (£8.4m). EPA
  • Cesc Fabregas - Monaco to Como (free). EPA
    Cesc Fabregas - Monaco to Como (free). EPA
  • Alexis Beka Beaka - Lokomotiv Moscow to Nice (£11.7m). AFP
    Alexis Beka Beaka - Lokomotiv Moscow to Nice (£11.7m). AFP
  • Marcus Tavernier -Middlesbrough to Bournemouth (£10m). Getty Images
    Marcus Tavernier -Middlesbrough to Bournemouth (£10m). Getty Images
  • Aaron Ramsey - Juventus to Nice (free). AFP
    Aaron Ramsey - Juventus to Nice (free). AFP
  • Orel Mangala - Stuttgart to Nottingham Forest (£12.7m). AFP
    Orel Mangala - Stuttgart to Nottingham Forest (£12.7m). AFP
  • David Raum - Hoffenheim to RB Leipzig (£21.8m). Getty Images
    David Raum - Hoffenheim to RB Leipzig (£21.8m). Getty Images
  • Oscar Mingueza - Barcelona to Celta Vigo (£2.5m). Getty Images
    Oscar Mingueza - Barcelona to Celta Vigo (£2.5m). Getty Images
  • Jules Kounde - Sevilla to Barcelona (£45m). AFP
    Jules Kounde - Sevilla to Barcelona (£45m). AFP
  • Dwight McNeil - Burnley to Everton (£20m). Getty Images
    Dwight McNeil - Burnley to Everton (£20m). Getty Images
  • Arnaud Kalimuendo - PSG to Rennes (£21m). Getty Images
    Arnaud Kalimuendo - PSG to Rennes (£21m). Getty Images
  • Filip Kostic - Eintracht Frankfurt to Juventus (£14.4m). EPA
    Filip Kostic - Eintracht Frankfurt to Juventus (£14.4m). EPA
  • Salvatore Sirigu - Genoa to Napoli (free). Reuters
    Salvatore Sirigu - Genoa to Napoli (free). Reuters
  • Mikkel Damsgaard - Sampdoria to Brentford (£12.7m). EPA
    Mikkel Damsgaard - Sampdoria to Brentford (£12.7m). EPA
  • Malang Sarr - Chelsea to Monaco (loan). AFP
    Malang Sarr - Chelsea to Monaco (loan). AFP
  • Issa Diop - West Ham United to Fulham (£15m). Getty Images
    Issa Diop - West Ham United to Fulham (£15m). Getty Images
  • Alexis Sanchez - Internazionale to Marseille (free). Getty Images
    Alexis Sanchez - Internazionale to Marseille (free). Getty Images
  • Timo Werner - Chelsea to RB Leipzig (£18m). AP
    Timo Werner - Chelsea to RB Leipzig (£18m). AP
  • Amadou Onana - Llle to Everton (£33.8m). AFP
    Amadou Onana - Llle to Everton (£33.8m). AFP
  • Emirhan Ilkhan - Besiktas to Torino (£3.8m). PA
    Emirhan Ilkhan - Besiktas to Torino (£3.8m). PA
  • Gonçalo Guedes - Valencia to Wolves (£27.5m). AP Photo
    Gonçalo Guedes - Valencia to Wolves (£27.5m). AP Photo
  • Conor Coady - Wolves to Everton (loan). Getty Images
    Conor Coady - Wolves to Everton (loan). Getty Images
  • Anthony Modeste - Cologne to Borussia Dortmund (£3.8m). EPA
    Anthony Modeste - Cologne to Borussia Dortmund (£3.8m). EPA
  • Angeliño - RB Leipzig to Hoffenheim (loan). Getty Images
    Angeliño - RB Leipzig to Hoffenheim (loan). Getty Images
  • Marcos Senesi - Feyenoord to Bournemouth (£12.6m). AFP
    Marcos Senesi - Feyenoord to Bournemouth (£12.6m). AFP
  • Isco - Real Madrid to Sevilla (free). EPA
    Isco - Real Madrid to Sevilla (free). EPA
  • Raheem Sterling - Manchester City to Chelsea (£50m). Getty Images
    Raheem Sterling - Manchester City to Chelsea (£50m). Getty Images
  • Lisandro Martinez - Ajax to Manchester United (£46m). Getty Images
    Lisandro Martinez - Ajax to Manchester United (£46m). Getty Images
  • Robert Lewandowski - Bayern Munich to Barcelona (£38.3m). AFP
    Robert Lewandowski - Bayern Munich to Barcelona (£38.3m). AFP
  • Hugo Ekitike - Reims to Paris Saint-Germain (loan). AFP
    Hugo Ekitike - Reims to Paris Saint-Germain (loan). AFP
  • Thomas Henry - Venezia to Verona (£3.8m). Getty Images
    Thomas Henry - Venezia to Verona (£3.8m). Getty Images
  • Takefusa Kubo - Real Madrid to Real Sociedad (£5.2m). Getty Images
    Takefusa Kubo - Real Madrid to Real Sociedad (£5.2m). Getty Images
  • Kalidou Koulibaly - Napoli to Chelsea (£33.8m). EPA
    Kalidou Koulibaly - Napoli to Chelsea (£33.8m). EPA
  • Chancel Mbemba - Porto to Marseille (free). EPA
    Chancel Mbemba - Porto to Marseille (free). EPA
  • Breel Embolo - Borussa Monchengladbach to Monaco (£10.6m). EPA
    Breel Embolo - Borussa Monchengladbach to Monaco (£10.6m). EPA
  • Christian Eriksen - Brentford to Manchester United (free). PA
    Christian Eriksen - Brentford to Manchester United (free). PA
  • Raphinha - Leeds United to Barcelona (£49m). Getty Images
    Raphinha - Leeds United to Barcelona (£49m). Getty Images
  • Federico Bernardeschi - Juventus to Toronto FC (free). Getty Images
    Federico Bernardeschi - Juventus to Toronto FC (free). Getty Images
  • Andrea Cambiaso - Genoa to Juventus (£5.9m). Getty Images
    Andrea Cambiaso - Genoa to Juventus (£5.9m). Getty Images
  • Arturo Vidal - Inter Milan to Flamengo (free). Getty Images
    Arturo Vidal - Inter Milan to Flamengo (free). Getty Images
  • Mohamed Bayo - Clermont to Lille (£11.8m). AFP
    Mohamed Bayo - Clermont to Lille (£11.8m). AFP
  • Francisco Trincao - Barcelona to Sporting (loan). Getty Images
    Francisco Trincao - Barcelona to Sporting (loan). Getty Images
  • Samu Castillejo - AC Milan to Valencia (undisclosed fee). PA
    Samu Castillejo - AC Milan to Valencia (undisclosed fee). PA
  • Lewis Ferguson - Aberdeen to Bologna (£3m). PA
    Lewis Ferguson - Aberdeen to Bologna (£3m). PA
  • Keane Lewis-Potter - Hull City to Brentford (£16m). PA
    Keane Lewis-Potter - Hull City to Brentford (£16m). PA
  • Alessio Romagnoli - AC Milan to Lazio (free). Getty Images
    Alessio Romagnoli - AC Milan to Lazio (free). Getty Images
  • Nathan Collins - Burnley to Wolves (£20.5m). PA
    Nathan Collins - Burnley to Wolves (£20.5m). PA
  • Andriy Yarmolenko - West Ham United to Al Ain (free). AP Photo
    Andriy Yarmolenko - West Ham United to Al Ain (free). AP Photo
  • David Ospina - Napoli to Al Nassr (free). Getty Images
    David Ospina - Napoli to Al Nassr (free). Getty Images
  • Kristian Thorstvedt - Genk to Sassuolo (£8.4m). Reuters
    Kristian Thorstvedt - Genk to Sassuolo (£8.4m). Reuters
  • Andreas Pereira -Manchester United to Fulham ( £10m). Getty Images
    Andreas Pereira -Manchester United to Fulham ( £10m). Getty Images
  • Gabriel Jesus - Manchester City to Arsenal (£45m). Getty Images
    Gabriel Jesus - Manchester City to Arsenal (£45m). Getty Images
  • Steven Bergwijn - Tottenham Hotspur to Ajax (£26.5m). AP Photo
    Steven Bergwijn - Tottenham Hotspur to Ajax (£26.5m). AP Photo
  • Andreas Christensen - Chelsea to Barcelona (free). AFP
    Andreas Christensen - Chelsea to Barcelona (free). AFP
  • Sébastien Haller - Ajax to Borussia Dortmund (£30.8m). AFP
    Sébastien Haller - Ajax to Borussia Dortmund (£30.8m). AFP
  • Flynn Downes - Swansea City to West Ham United (£12m). PA
    Flynn Downes - Swansea City to West Ham United (£12m). PA
  • Junior Messias - Crotone to AC Milan (£3.8m). Reuters
    Junior Messias - Crotone to AC Milan (£3.8m). Reuters
  • Luis Sinisterra - Feyenoord to Leeds United (£21.3m). AFP
    Luis Sinisterra - Feyenoord to Leeds United (£21.3m). AFP
  • Brais Méndez - Celta Vigo to Real Sociedad (£12.8m). Getty Images
    Brais Méndez - Celta Vigo to Real Sociedad (£12.8m). Getty Images
  • Moussa Niakhaté - Mainz to Nottingham Forest (£8.7m). Getty Images
    Moussa Niakhaté - Mainz to Nottingham Forest (£8.7m). Getty Images
  • Romeo Lavia - Manchester City to Southmpton (£12m). AP Photo
    Romeo Lavia - Manchester City to Southmpton (£12m). AP Photo
  • Tyler Adams - RB Leipzig to Leeds United (£20m). AP
    Tyler Adams - RB Leipzig to Leeds United (£20m). AP
  • Axel Witsel - Borussia Dortmund to Atletico Madrid (free). EPA
    Axel Witsel - Borussia Dortmund to Atletico Madrid (free). EPA
  • Maya Yoshida - Sampdoria to Schalke (free). AP Photo
    Maya Yoshida - Sampdoria to Schalke (free). AP Photo
  • Tyrell Malacia - Feyenoord to Manchester United (£12.9m). AP Photo
    Tyrell Malacia - Feyenoord to Manchester United (£12.9m). AP Photo
  • Zeki Celik - Lille to Roma (£6m). AFP
    Zeki Celik - Lille to Roma (£6m). AFP
  • Ritsu Doan - PSV Eindhoven to Freiburg (£6.5m). AFP
    Ritsu Doan - PSV Eindhoven to Freiburg (£6.5m). AFP
  • Divock Origi - Liverpool to AC Milan (free). AFP
    Divock Origi - Liverpool to AC Milan (free). AFP
  • Rolando Mandragora - Torino to Fiorentina (£7m). EPA
    Rolando Mandragora - Torino to Fiorentina (£7m). EPA
  • Joao Palhinha - Sporting to Fulham (£17m). Getty Images
    Joao Palhinha - Sporting to Fulham (£17m). Getty Images
  • Franck Kessie - AC Milan to Barcelona (free). Getty Images
    Franck Kessie - AC Milan to Barcelona (free). Getty Images
  • Trezeguet - Aston Villa to Trabzonspor (£3.4m). AFP
    Trezeguet - Aston Villa to Trabzonspor (£3.4m). AFP
  • Kalvin Phillips - Leeds United to Manchester City (£45m). Reuters
    Kalvin Phillips - Leeds United to Manchester City (£45m). Reuters
  • Giulian Biancone - Troyes to Nottingham Forest (£5m). AFP
    Giulian Biancone - Troyes to Nottingham Forest (£5m). AFP
  • Giuliano Simeone - Atletico Madrid to Real Zaragoza (loan). EPA
    Giuliano Simeone - Atletico Madrid to Real Zaragoza (loan). EPA
  • Raoul Bellanova - Cagliari to Inter Milan (loan). Getty Images
    Raoul Bellanova - Cagliari to Inter Milan (loan). Getty Images
  • Richarlison - Everton to Tottenham (£50 million). PA
    Richarlison - Everton to Tottenham (£50 million). PA
  • Fabio Carvalho - Fulham to Liverpool (£5 million). PA
    Fabio Carvalho - Fulham to Liverpool (£5 million). PA
  • James Tarkowski Burnley to Everton (free). Getty Images
    James Tarkowski Burnley to Everton (free). Getty Images
  • Sime Vrsaljko - Atletico Madrid to Olympiakos (free). AP Photo
    Sime Vrsaljko - Atletico Madrid to Olympiakos (free). AP Photo
  • Dean Henderson - Manchester United to Nottingham Forest (loan). PA
    Dean Henderson - Manchester United to Nottingham Forest (loan). PA
  • Luuk de Jong - Sevilla to PSV Eindhoven (£3.4m). AP Photo
    Luuk de Jong - Sevilla to PSV Eindhoven (£3.4m). AP Photo
  • Henrikh Mkhitaryan - Roma to Inter Milan (free). Reuters
    Henrikh Mkhitaryan - Roma to Inter Milan (free). Reuters
  • Cenk Tosun - Everton to Besiktas (free). Reuters
    Cenk Tosun - Everton to Besiktas (free). Reuters
  • Andre Onana - Ajax to Inter Milan (free). Getty
    Andre Onana - Ajax to Inter Milan (free). Getty
  • Moussa Sissoko - Watford to Nantes (£2m). AFP
    Moussa Sissoko - Watford to Nantes (£2m). AFP
  • Corentin Tolisso - Bayern Munich to Lyon (free). AFP
    Corentin Tolisso - Bayern Munich to Lyon (free). AFP
  • Vitinha - Porto to Paris Saint-Germain (£34m). AFP
    Vitinha - Porto to Paris Saint-Germain (£34m). AFP
  • Romelu Lukaku - Chelsea to Inter Milan (loan). PA
    Romelu Lukaku - Chelsea to Inter Milan (loan). PA
  • Lorenzo Insigne - Napoli to Toronto FC (free). AP
    Lorenzo Insigne - Napoli to Toronto FC (free). AP
  • Sven Botman - Lille to Newcastle United (£31.9m). AFP
    Sven Botman - Lille to Newcastle United (£31.9m). AFP
  • Takumi Minamino - Liverpool to Monaco (£15.5m). Getty Images
    Takumi Minamino - Liverpool to Monaco (£15.5m). Getty Images
  • Alphonse Areola - Paris Saint-Germain to West Ham United (£7.8m). AFP
    Alphonse Areola - Paris Saint-Germain to West Ham United (£7.8m). AFP
  • Lucas Leiva - Lazio to Gremo (free). Getty Images
    Lucas Leiva - Lazio to Gremo (free). Getty Images
  • Joselu - Alaves to Espanyol (free). Getty Images
    Joselu - Alaves to Espanyol (free). Getty Images
  • Matt Turner - New England Revolution to Arsenal (£4.7m). Reuters
    Matt Turner - New England Revolution to Arsenal (£4.7m). Reuters
  • Fernandinho - Manchester City to Athletico Paranaense (free). PA
    Fernandinho - Manchester City to Athletico Paranaense (free). PA
  • Bartol Franjic - Dinamo Zagreb to Wolfsburg (£6.9m). Getty Images
    Bartol Franjic - Dinamo Zagreb to Wolfsburg (£6.9m). Getty Images
  • Wahbi Khazri - Saint-Etienne to Montpellier (free). AFP
    Wahbi Khazri - Saint-Etienne to Montpellier (free). AFP
  • Tobias Figueiredo - Hull City to Nottingham Forest (free). PA
    Tobias Figueiredo - Hull City to Nottingham Forest (free). PA
  • Pietro Pellegri - Monaco to Tornio (£3.9m). Getty Images
    Pietro Pellegri - Monaco to Tornio (£3.9m). Getty Images
  • Erling Haaland - Borussia Dortmund to Manchester City. Getty Images
    Erling Haaland - Borussia Dortmund to Manchester City. Getty Images
  • Malcolm Ebiowei - Derby County to Crystal Palace (undisclosed). PA
    Malcolm Ebiowei - Derby County to Crystal Palace (undisclosed). PA
  • Taiwo Awoniyi - Union Berlin to Nottingham Forest (£17m). Getty Images
    Taiwo Awoniyi - Union Berlin to Nottingham Forest (£17m). Getty Images
  • Gareth Bale - Real Madrid to Los Angeles FC (free). PA
    Gareth Bale - Real Madrid to Los Angeles FC (free). PA
  • Lucas Alario - Bayer Leverkusen to Eintracht Frankfurt (£5.6m). PA
    Lucas Alario - Bayer Leverkusen to Eintracht Frankfurt (£5.6m). PA
  • Sadio Mane - Liverpool to Bayern Munich (£28m). Getty Images
    Sadio Mane - Liverpool to Bayern Munich (£28m). Getty Images
  • Armindo Sieb - Bayern Munich to Greuther Fürth (undisclosed fee). Getty Images
    Armindo Sieb - Bayern Munich to Greuther Fürth (undisclosed fee). Getty Images
  • Nick Pope - Burnley to Newcastle (£10m). PA
    Nick Pope - Burnley to Newcastle (£10m). PA
  • Ki-Jana Hoever - Wolves to PSV Eindhoven (loan). PA
    Ki-Jana Hoever - Wolves to PSV Eindhoven (loan). PA
  • Ryan Fredericks - West Ham United to Bournemouth (free). Getty Images
    Ryan Fredericks - West Ham United to Bournemouth (free). Getty Images
  • Mario Götze - PSV Eindhoven to Eintracht Frankfurt (£3.4m). Getty Images
    Mario Götze - PSV Eindhoven to Eintracht Frankfurt (£3.4m). Getty Images
  • Fabio Vieira - Porto to Arsenal (£30m). EPA
    Fabio Vieira - Porto to Arsenal (£30m). EPA
  • Antonio Rudiger - Chelsea to Real Madrid (free). PA
    Antonio Rudiger - Chelsea to Real Madrid (free). PA
  • Merih Demiral - Juventus to Atalanta (£17.2m). AFP
    Merih Demiral - Juventus to Atalanta (£17.2m). AFP
  • Giovanni Simeone - Cagliari to Hellas Verona (£10.3m). AP
    Giovanni Simeone - Cagliari to Hellas Verona (£10.3m). AP
  • Marc Roca - Bayern Munich to Leeds United (£10m). PA
    Marc Roca - Bayern Munich to Leeds United (£10m). PA
  • Yves Bissouma - Brighton to Tottenham (£25m). PA
    Yves Bissouma - Brighton to Tottenham (£25m). PA
  • Gavin Bazunu - Manchester City to Southampton (£12m). PA
    Gavin Bazunu - Manchester City to Southampton (£12m). PA
  • Darwin Nunez - Benfica to Liverpool (£64.3m). PA
    Darwin Nunez - Benfica to Liverpool (£64.3m). PA
  • Aurelien Tchouameni - Monaco to Real Madrid (£85.3m). AFP
    Aurelien Tchouameni - Monaco to Real Madrid (£85.3m). AFP
  • Nemanja Matic - Manchester United to Roma (free). EPA
    Nemanja Matic - Manchester United to Roma (free). EPA
  • Ryan Gravenberch - Ajax to Bayern Munich (£20m). EPA
    Ryan Gravenberch - Ajax to Bayern Munich (£20m). EPA
  • Giorgio Chiellini - Juventus to Los Angeles FC (released). Getty Images
    Giorgio Chiellini - Juventus to Los Angeles FC (released). Getty Images
  • Cameron Carter-Vickers - Tottenham to Celtic (£6m). AFP
    Cameron Carter-Vickers - Tottenham to Celtic (£6m). AFP
  • Alexandre Lacazette - Arsenal to Lyon (free transfer). AFP
    Alexandre Lacazette - Arsenal to Lyon (free transfer). AFP
The biog

Siblings: five brothers and one sister

Education: Bachelors in Political Science at the University of Minnesota

Interests: Swimming, tennis and the gym

Favourite place: UAE

Favourite packet food on the trip: pasta primavera

What he did to pass the time during the trip: listen to audio books

While you're here
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

On Women's Day
WHAT%20IS%20THE%20LICENSING%20PROCESS%20FOR%20VARA%3F
%3Cp%3EVara%20will%20cater%20to%20three%20categories%20of%20companies%20in%20Dubai%20(except%20the%20DIFC)%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20A%3A%3C%2Fstrong%3E%20Minimum%20viable%20product%20(MVP)%20applicants%20that%20are%20currently%20in%20the%20process%20of%20securing%20an%20MVP%20licence%3A%20This%20is%20a%20three-stage%20process%20starting%20with%20%5B1%5D%20a%20provisional%20permit%2C%20graduating%20to%20%5B2%5D%20preparatory%20licence%20and%20concluding%20with%20%5B3%5D%20operational%20licence.%20Applicants%20that%20are%20already%20in%20the%20MVP%20process%20will%20be%20advised%20by%20Vara%20to%20either%20continue%20within%20the%20MVP%20framework%20or%20be%20transitioned%20to%20the%20full%20market%20product%20licensing%20process.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20B%3A%3C%2Fstrong%3E%20Existing%20legacy%20virtual%20asset%20service%20providers%20prior%20to%20February%207%2C%202023%2C%20which%20are%20required%20to%20come%20under%20Vara%20supervision.%20All%20operating%20service%20proviers%20in%20Dubai%20(excluding%20the%20DIFC)%20fall%20under%20Vara%E2%80%99s%20supervision.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20C%3A%3C%2Fstrong%3E%20New%20applicants%20seeking%20a%20Vara%20licence%20or%20existing%20applicants%20adding%20new%20activities.%20All%20applicants%20that%20do%20not%20fall%20under%20Category%20A%20or%20B%20can%20begin%20the%20application%20process%20through%20their%20current%20or%20prospective%20commercial%20licensor%20%E2%80%94%20the%20DET%20or%20Free%20Zone%20Authority%20%E2%80%94%20or%20directly%20through%20Vara%20in%20the%20instance%20that%20they%20have%20yet%20to%20determine%20the%20commercial%20operating%20zone%20in%20Dubai.%C2%A0%3C%2Fp%3E%0A
THE BIO

Occupation: Specialised chief medical laboratory technologist

Age: 78

Favourite destination: Always Al Ain “Dar Al Zain”

Hobbies: his work  - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”

Other hobbies: football

Favorite football club: Al Ain Sports Club

 

While you're here
UAE currency: the story behind the money in your pockets
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

UAE v Ireland

1st ODI, UAE win by 6 wickets

2nd ODI, January 12

3rd ODI, January 14

4th ODI, January 16

Results

5pm: Maiden (PA) Dh80,000 (Turf) 1,200m. Winner: Majd Al Megirat, Sam Hitchcott (jockey), Ahmed Al Shehhi (trainer)

5.30pm: Handicap (PA) Dh80,000 (T) 1,600m. Winner: Dassan Da, Patrick Cosgrave, Helal Al Alawi

6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000 (T) 1,400m. Winner: Heba Al Wathba, Richard Mullen, Jean de Roualle

6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000 (T) 1,400m. Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m. Winner: Jawal Al Reef, Richard Mullen, Ahmed Al Mehairbi

Handicap (TB) Dh100,000 (T) 2,200m. Winner: Harbour Spirit, Adrie de Vries, Jaber Ramadhan.

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

Mercedes-AMG GT 63 S E Performance: the specs

Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor

Power: 843hp at N/A rpm

Torque: 1470Nm N/A rpm

Transmission: 9-speed auto

Fuel consumption: 8.6L/100km

On sale: October to December

Price: From Dh875,000 (estimate)

MEDIEVIL%20(1998)
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20SCE%20Studio%20Cambridge%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Sony%20Computer%20Entertainment%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%2C%20PlayStation%204%20and%205%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

More from Aya Iskandarani

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.”

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20electric%20motors%20with%20102kW%20battery%20pack%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E570hp%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20890Nm%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERange%3A%3C%2Fstrong%3E%20Up%20to%20428km%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh1%2C700%2C000%3C%2Fp%3E%0A
The specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20SupplyVan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2029%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20MRO%20and%20e-commerce%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A
THE SPECS

Engine: 3.9-litre twin-turbo V8

Transmission: seven-speed dual clutch

Power: 710bhp

Torque: 770Nm

Speed: 0-100km/h 2.9 seconds

Top Speed: 340km/h

Price: Dh1,000,885

On sale: now

 

 

SCORES IN BRIEF

Lahore Qalandars 186 for 4 in 19.4 overs
(Sohail 100,Phil Salt 37 not out, Bilal Irshad 30, Josh Poysden 2-26)
bt Yorkshire Vikings 184 for 5 in 20 overs
(Jonathan Tattersall 36, Harry Brook 37, Gary Ballance 33, Adam Lyth 32, Shaheen Afridi 2-36).

Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

More from Neighbourhood Watch:
Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

What is Diwali?

The Hindu festival is at once a celebration of the autumn harvest and the triumph of good over evil, as outlined in the Ramayana.

According to the Sanskrit epic, penned by the sage Valmiki, Diwali marks the time that the exiled king Rama – a mortal with superhuman powers – returned home to the city of Ayodhya with his wife Sita and brother Lakshman, after vanquishing the 10-headed demon Ravana and conquering his kingdom of Lanka. The people of Ayodhya are believed to have lit thousands of earthen lamps to illuminate the city and to guide the royal family home.

In its current iteration, Diwali is celebrated with a puja to welcome the goodness of prosperity Lakshmi (an incarnation of Sita) into the home, which is decorated with diyas (oil lamps) or fairy lights and rangoli designs with coloured powder. Fireworks light up the sky in some parts of the word, and sweetmeats are made (or bought) by most households. It is customary to get new clothes stitched, and visit friends and family to exchange gifts and greetings.  

 

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Tomorrow 2021
Match info:

Wolves 1
Boly (57')

Manchester City 1
Laporte (69')

Updated: August 17, 2022, 7:39 AM
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