• Paris Saint-Germain's Kylian Mbappe celebrates scoring the second goal in the 2-1 Champions League win against Juventus at Parc des Princes on September 6, 2022. AFP
    Paris Saint-Germain's Kylian Mbappe celebrates scoring the second goal in the 2-1 Champions League win against Juventus at Parc des Princes on September 6, 2022. AFP
  • Kylian Mbappe celebrates with Vitinha and Neymar after scoring the first goal. EPA
    Kylian Mbappe celebrates with Vitinha and Neymar after scoring the first goal. EPA
  • Kylian Mbappe celebrates his first. EPA
    Kylian Mbappe celebrates his first. EPA
  • Kylian Mbappe celebrates after scoring his second. EPA
    Kylian Mbappe celebrates after scoring his second. EPA
  • Kylian Mbappe with teammate Nuno Mendes. EPA
    Kylian Mbappe with teammate Nuno Mendes. EPA
  • PSG's Lionel Messi in action with Juventus' Leandro Paredes. Reuters
    PSG's Lionel Messi in action with Juventus' Leandro Paredes. Reuters
  • PSG's Neymar during the Champions League match against Juventus at the Parc des Princes. AP
    PSG's Neymar during the Champions League match against Juventus at the Parc des Princes. AP
  • Juventus midfielder Weston McKennie celebrates after pulling a goal back. AFP
    Juventus midfielder Weston McKennie celebrates after pulling a goal back. AFP
  • McKennie scores at the Parc des Princes. AP
    McKennie scores at the Parc des Princes. AP

Kylian Mbappe sparkles as PSG open Champions League campaign with win over Juventus


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Kylian Mbappe struck twice as Paris St Germain launched their latest quest for Champions League glory with victory over Juventus at the Parc des Princes on Tuesday.

Mbappe's two goals were stunning, the first coming after an outrageous scooped assist by Neymar inside five minutes and the second at the end of a superb move midway through the first half.

PSG were cruising at half-time before being given a wake-up call early in the second half as substitute Weston McKennie headed Juventus back into the game.

Yet Juve are a faded force compared to just a few years ago and came to the French capital without several key players, including former PSG star Angel di Maria.

They could not find an equaliser and the Parisians claimed their first three points in Group H, leaving them level with Benfica, who beat Maccabi Haifa 2-0.

Mbappe, along with his coach Christophe Galtier, had come in for stiff criticism in France in the 24 hours leading up to this game for laughing when a question was put to him in the pre-match press conference about his club's decision to travel for last weekend's league visit to Nantes by private jet rather than take a more environmentally-friendly train.

The World Cup winner's performance here suggested none of the negative headlines had remotely bothered him, as Mbappe confirmed exactly why PSG were so desperate to keep him at the end of last season when he seemed set to depart for Real Madrid.

Mbappe signed a new deal in Paris to 2025 with the aim of leading his hometown team to a first Champions League title after a decade of disappointing defeats and occasional humiliations at the business end of the competition.

He needed just five minutes to open the scoring on a balmy evening at the Parc des Princes after linking up brilliantly with Neymar, one of his rivals for the limelight in PSG's squad of superstars.

Mbappe, coming in from the left, supplied Neymar before continuing into the box to meet the Brazilian's delightful return pass with a volley across goalkeeper Mattia Perin and into the far corner.

Juve, with two ex-PSG players in their side in Leandro Paredes and Adrien Rabiot, nearly equalised in the 19th minute when Arkadiusz Milik's header from a Juan Cuadrado cross was parried out by Gianluigi Donnarumma.

It was 2-0 just three minutes later, as Mbappe played an electrifying exchange with Achraf Hakimi this time before sending another first-time strike past Perin.

With Marco Verratti and summer signing Vitinha constantly robbing balls in midfield, Lionel Messi slipping in between the Juve defence and midfield to play intelligent passes, and Mbappe seeking to deploy his electrifying pace, PSG were cruising.

But Juve coach Massimiliano Allegri sent on McKennie for the ineffective Fabio Miretti at half-time, and the United States international reduced the deficit in the 53rd minute.

Paredes played a short corner on the left to Filip Kostic, and his cross was headed home by McKennie with Donnarumma caught in no-man's land.

The home side then had Donnarumma to thank for a fine save to keep out a Dusan Vlahovic header, although in truth a bigger margin of victory for PSG would not have been undeserved, with Perin keeping out a late Neymar volley.

Mbappe now has nine goals in six games for his club this season, and has scored eight in his last seven Champions League appearances.

Yemen's Bahais and the charges they often face

The Baha'i faith was made known in Yemen in the 19th century, first introduced by an Iranian man named Ali Muhammad Al Shirazi, considered the Herald of the Baha'i faith in 1844.

The Baha'i faith has had a growing number of followers in recent years despite persecution in Yemen and Iran. 

Today, some 2,000 Baha'is reside in Yemen, according to Insaf. 

"The 24 defendants represented by the House of Justice, which has intelligence outfits from the uS and the UK working to carry out an espionage scheme in Yemen under the guise of religion.. aimed to impant and found the Bahai sect on Yemeni soil by bringing foreign Bahais from abroad and homing them in Yemen," the charge sheet said. 

Baha'Ullah, the founder of the Bahai faith, was exiled by the Ottoman Empire in 1868 from Iran to what is now Israel. Now, the Bahai faith's highest governing body, known as the Universal House of Justice, is based in the Israeli city of Haifa, which the Bahais turn towards during prayer. 

The Houthis cite this as collective "evidence" of Bahai "links" to Israel - which the Houthis consider their enemy. 

 

Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

MATCH INFO

Uefa Champions League, semi-final result:

Liverpool 4-0 Barcelona

Liverpool win 4-3 on aggregate

Champions Legaue final: June 1, Madrid

Results

ATP Dubai Championships on Monday (x indicates seed):

First round
Roger Federer (SUI x2) bt Philipp Kohlschreiber (GER) 6-4, 3-6, 6-1
Fernando Verdasco (ESP) bt Thomas Fabbiano (ITA) 3-6, 6-3, 6-2
Marton Fucsovics (HUN) bt Damir Dzumhur (BIH) 6-1, 7-6 (7/5)
Nikoloz Basilashvili (GEO) bt Karen Khachanov (RUS x4) 6-4, 6-1
Jan-Lennard Struff (GER) bt Milos Raonic (CAN x7) 6-4, 5-7, 6-4

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.”

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

MATCH INFO

Fixture: Ukraine v Portugal, Monday, 10.45pm (UAE)

TV: BeIN Sports

'Munich: The Edge of War'

Director: Christian Schwochow

Starring: George MacKay, Jannis Niewohner, Jeremy Irons

Rating: 3/5

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The specs

Engine: 6.2-litre V8

Transmission: ten-speed

Power: 420bhp

Torque: 624Nm

Price: Dh325,125

On sale: Now

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Updated: September 06, 2022, 9:58 PM