• Real's Federico Valverde celebrates after scoring in their 4-1 La Liga win over Mallorca at the Santiago Bernabeu on Sunday, September 11, 2022. Reuters
    Real's Federico Valverde celebrates after scoring in their 4-1 La Liga win over Mallorca at the Santiago Bernabeu on Sunday, September 11, 2022. Reuters
  • Vinicius Junior celebrates after scoring Real Madrid's second goal. Getty
    Vinicius Junior celebrates after scoring Real Madrid's second goal. Getty
  • Mallorca's Vedat Muriqi and Antonio Rudiger of Real Madrid challenge for a header. AP
    Mallorca's Vedat Muriqi and Antonio Rudiger of Real Madrid challenge for a header. AP
  • Vedat Muriqi scores for Mallorca. AP
    Vedat Muriqi scores for Mallorca. AP
  • Mallorca striker Vedat Muriqi celebrates after scoring. EPA
    Mallorca striker Vedat Muriqi celebrates after scoring. EPA
  • Federico Valverde scores for Real Madrid. Getty
    Federico Valverde scores for Real Madrid. Getty
  • Real Madrid's Federico Valverde, right, celebrates with Lucas Vazquez after scoring. EPA
    Real Madrid's Federico Valverde, right, celebrates with Lucas Vazquez after scoring. EPA
  • Mallorca's Vedat Muriqi scores past Real Madrid goalkeeper Thibaut Courtois. AFP
    Mallorca's Vedat Muriqi scores past Real Madrid goalkeeper Thibaut Courtois. AFP
  • Rodrygo celebrates after scoring Real Madrid's third goal. Getty
    Rodrygo celebrates after scoring Real Madrid's third goal. Getty
  • Referee Jorge Figueroa Vazquez shows Matija Nastasic of Mallorca a yellow card. Getty
    Referee Jorge Figueroa Vazquez shows Matija Nastasic of Mallorca a yellow card. Getty
  • Antonio Rudiger after scoring Real Madrid's fourth goal. Getty
    Antonio Rudiger after scoring Real Madrid's fourth goal. Getty
  • Vinicius Junior scores Real Madrid's second goal. Reuters
    Vinicius Junior scores Real Madrid's second goal. Reuters
  • Mallorca's Vedat Muriqi celebrates after scoring. Getty
    Mallorca's Vedat Muriqi celebrates after scoring. Getty
  • Real Madrid attacker Eden Hazard is challenged by Rodrigo Battaglia of Mallocra. Reuters
    Real Madrid attacker Eden Hazard is challenged by Rodrigo Battaglia of Mallocra. Reuters
  • Vinicius Junior celebrates after scoring for Real Madrid. Getty
    Vinicius Junior celebrates after scoring for Real Madrid. Getty
  • Rodrygo scores Real Madrid's third goal. Getty
    Rodrygo scores Real Madrid's third goal. Getty

Real Madrid return to top of La Liga after comeback win over Mallorca


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Real Madrid returned to the top of La Liga after a 4-1 victory over Mallorca at the Santiago Bernabeu on Sunday.

The visitors took a shock lead through Vedat Muriqi in the 35th minute but Real levelled just before the break thanks to a fabulous solo effort from Federico Valverde.

But Los Blancos were showing little sign of scoring again until a fine Vinicius Junior finish in the 72nd minute. Rodrygo made it three with a minute to go before defender Antonio Rudiger completed the scoring in injury time.

The result makes if five wins out of five for the reigning champions who leapfrogged old rivals Barcelona – who thrashed Cadiz 4-0 on Saturday – at the top of the table.

“We knew they'd cause us issues, they defended well and scored from a set piece and it was difficult for us to gain a foothold,” Real manager Carlo Ancelotti said.

“But we kept cool heads and had enough quality to go ahead in the game. We didn't play in the best way that we could've in the first half, but we were much better in the second.”

Real were without injured striker Karim Benzema as Ancelotti rotated his squad ahead of their Champions League match at home to German side RB Leipzig on Wednesday.

Luka Modric and Eduardo Camavinga were among the regulars who started on the bench.

Real initially struggled to gain a foothold in the game and were clearly missing talisman Benzema in attack throughout a below-par first half.

Muqiri, who was denied by Real goalkeeper Thibaut Courtois inside the opening 40 seconds, headed in unmarked at the back post after 35 minutes and it appeared the champions would go in trailing at the break for the first time this campaign.

That changed, however, in added time at the end of the half when Valverde ran the length of the pitch before firing home a left-footed shot from the edge of the box.

After the break, the hosts dominated possession, but were fortunate when Antonio Sanchez fired wide from six yards out with the goal at his mercy on a rare foray forward from the Balearic Islanders.

And Mallorca would be made to pay for the miss when Rodrygo set off on a mazy run before supplying Vinicius Junior who scored for a fifth consecutive game to put Ancelotti's side in front.

Rodrygo was then on the scoresheet himself after producing a lovely piece of skill to carve open the Mallorca defence before firing past a helpless Predrag Rajkovic.

And gloss was put on the scoreline when summer signing Rudiger scored his first goal for the club with a close-range finish.

FIXTURES

All times UAE ( 4 GMT)

Saturday
Fiorentina v Torino (8pm)
Hellas Verona v Roma (10.45pm)

Sunday
Parma v Napoli (2.30pm)
Genoa v Crotone (5pm)
Sassuolo v Cagliari (8pm)
Juventus v Sampdoria (10.45pm)

Monday
AC Milan v Bologna (10.45om)

Playing September 30

Benevento v Inter Milan (8pm)
Udinese v Spezia (8pm)
Lazio v Atalanta (10.45pm)

UAE currency: the story behind the money in your pockets
Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Company%20Profile
%3Cp%3ECompany%20name%3A%20EduPloyment%3Cbr%3EDate%20started%3A%20March%202020%3Cbr%3ECo-Founders%3A%20Mazen%20Omair%20and%20Rana%20Batterjee%3Cbr%3EBase%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Recruitment%3Cbr%3ESize%3A%2030%20employees%3Cbr%3EInvestment%20stage%3A%20Pre-Seed%3Cbr%3EInvestors%3A%20Angel%20investors%20(investment%20amount%20undisclosed)%3C%2Fp%3E%0A
Who is Tim-Berners Lee?

Sir Tim Berners-Lee was born in London in a household of mathematicians and computer scientists. Both his mother, Mary Lee, and father, Conway, were early computer scientists who worked on the Ferranti 1 - the world's first commercially-available, general purpose digital computer. Sir Tim studied Physics at the University of Oxford and held a series of roles developing code and building software before moving to Switzerland to work for Cern, the European Particle Physics laboratory. He developed the worldwide web code as a side project in 1989 as a global information-sharing system. After releasing the first web code in 1991, Cern made it open and free for all to use. Sir Tim now campaigns for initiatives to make sure the web remains open and accessible to all.

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

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.”

MATCH INFO

Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid

The%20US%20Congress%20explained
%3Cp%3E-%20Congress%20is%20one%20of%20three%20branches%20of%20the%20US%20government%2C%20and%20the%20one%20that%20creates%20the%20nation's%20federal%20laws%3C%2Fp%3E%0A%3Cp%3E-%20Congress%20is%20divided%20into%20two%20chambers%3A%20The%20House%20of%20Representatives%20and%20the%20Senate%3C%2Fp%3E%0A%3Cp%3E-%C2%A0The%20House%20is%20made%20up%20of%20435%20members%20based%20on%20a%20state's%20population.%20House%20members%20are%20up%20for%20election%20every%20two%20years%3C%2Fp%3E%0A%3Cp%3E-%20A%20bill%20must%20be%20approved%20by%20both%20the%20House%20and%20Senate%20before%20it%20goes%20to%20the%20president's%20desk%20for%20signature%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%20218%20seats%20to%20be%20in%20control%20of%20the%20House%20of%20Representatives%3C%2Fp%3E%0A%3Cp%3E-%20The%20Senate%20is%20comprised%20of%20100%20members%2C%20with%20each%20state%20receiving%20two%20senators.%20Senate%20members%20serve%20six-year%20terms%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%2051%20seats%20to%20control%20the%20Senate.%20In%20the%20case%20of%20a%2050-50%20tie%2C%20the%20party%20of%20the%20president%20controls%20the%20Senate%3C%2Fp%3E%0A

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

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.

SERIE A FIXTURES

Friday Sassuolo v Benevento (Kick-off 11.45pm)

Saturday Crotone v Spezia (6pm), Torino v Udinese (9pm), Lazio v Verona (11.45pm)

Sunday Cagliari v Inter Milan (3.30pm), Atalanta v Fiorentina (6pm), Napoli v Sampdoria (6pm), Bologna v Roma (6pm), Genoa v Juventus (9pm), AC Milan v Parma (11.45pm)

Company%20profile
%3Cp%3EName%3A%20Cashew%0D%3Cbr%3EStarted%3A%202020%0D%3Cbr%3EFounders%3A%20Ibtissam%20Ouassif%20and%20Ammar%20Afif%0D%3Cbr%3EBased%3A%20Dubai%2C%20UAE%0D%3Cbr%3EIndustry%3A%20FinTech%0D%3Cbr%3EFunding%20size%3A%20%2410m%0D%3Cbr%3EInvestors%3A%20Mashreq%2C%20others%0D%3C%2Fp%3E%0A
DC%20League%20of%20Super-Pets
%3Cp%3EDirector%3A%20Jared%20Stern%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Dwayne%20Johnson%2C%20Kevin%20Hart%2C%20John%20Krasinski%2C%20Keanu%20Reeves%2C%20Olivia%20Wilde%2C%20Kate%20McKinnon%2C%20Jameela%20Jamil%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A

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 five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Updated: September 11, 2022, 3:00 PM