There have been plenty of experts consulted lately about Cristiano Ronaldo’s value and his remaining match-winning capabilities in this, his 21st year as a senior player. A handful, voters for the Ballon d’Or, recognised that he still had enough to rank as the world’s 20th best footballer during 2021/22.
A day before Monday’s ceremony for the award, pundits had been opining on Ronaldo’s ostentatious grumbles at being substituted in the second half of Manchester United’s goalless draw with Newcastle United.
One expert declining to offer a critical view on Ronaldo’s importance for his club is Antonio Conte, who takes Tottenham Hotspur to Old Trafford Wednesday evening.
“I am the last person who should answer this question,” joked the Spurs manager on being asked about Ronaldo’s current status. “Last season he scored a hat-trick against us! We lost 3-2 to him, not to Manchester United. So, fingers crossed this time.”
Ronaldo’s three goals against Tottenham back in mid-March can look, in the sweep of events since, like the last bulkhead against a tide of personal decline.
The last meeting of the clubs briefly cast the Portuguese as the saviour United believed they had retrieved when he returned to club for a second spell. He gave them the lead with a superb drive from outside the Tottenham penalty area. He restored the lead with a right-place-right-time tap-in. He guaranteed the three points after a second Spurs equaliser with a thumping header.
Two matches later, Ronaldo scored another match-winning hat-trick, against Norwich City, part of a sequence of nine league goals in six games. He was named the Premier League’s Player of the Month.
A top-four finish was then still a United target until their season’s stop-start momentum wheezed again. Part of the reason Conte can look back with a light-hearted laugh on the day Ronaldo performed his one-man destruction is that Tottenham later overtook United in the race for Champions League qualification.
After Ronaldo struck his hat-trick, Spurs had been left trailing fifth-placed United by five points and by three rungs in the table.
That seems a while ago, given that Conte’s Tottenham are now compiling a best-ever start to a Premier League season. For all the positive signals that Erik ten Hag, the new manager, has generated over a run of five United wins in seven league outings, his team look light on goalscoring punch ahead of an intense few days.
After he cut short, on 72 minutes, Ronaldo’s second start of the league campaign against Newcastle, the United manager explained the decision as part of a strategy to keep his attacking players fresh, with Spurs at home then a trip to Chelsea on Saturday.
Ten Hag will have uses for Ronaldo, who made plain his desire to leave Manchester during the summer and has one league goal in 2022/23, across those games, and he knows the player well enough not to be too concerned by the head-shaking and muttering that followed his substitution against Newcastle.
He imagined Ronaldo would watch his replacement Marcus Rashford head wide and Fred miss tucking home a cross, believing that if he, CR7, had been on the end of either opportunity, he would have scored both times.
Man United 0 Newcastle 0 - player ratings
Rashford had been suffering from illness ahead of the Newcastle game, while Antony Martial is recovering from a back problem. That helped push Ronaldo’s case to, unusually under Ten Hag, start a second game on the trot. A third start within a six-day period for the veteran would buck the season’s trend.
Conte says he’d rather see less of Ronaldo, 37, on this trip to Old Trafford, or at least a “more calm” version than in March. “He continues to make a difference,” said the Italian, paying tribute to Ronaldo for having “made the story of football in the last 15 years”.
And part of that story is a striking overall record against Spurs. They are one of his favourite punchbags. Against no English club has Ronaldo registered more of his 700 career goals. He has 14 against Tottenham in 20 matches, in only one of which – a 2017 Champions League group game for Real Madrid – did he finish on the losing side.
He’s the one member of the current United squad old enough to recall, from his previous spell, the era when the then United manager, Alex Ferguson, would prepare for playing Tottenham by dismissing them as fragile lightweights, with a now famous phrase: ‘Lads, it’s Spurs”.
Conte is entitled to smile about that. The Italian has not perfected Tottenham, but he has toughened them up.
The view from The National
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
Iftar programme at the Sheikh Mohammed Centre for Cultural Understanding
Established in 1998, the Sheikh Mohammed Centre for Cultural Understanding was created with a vision to teach residents about the traditions and customs of the UAE. Its motto is ‘open doors, open minds’. All year-round, visitors can sign up for a traditional Emirati breakfast, lunch or dinner meal, as well as a range of walking tours, including ones to sites such as the Jumeirah Mosque or Al Fahidi Historical Neighbourhood.
Every year during Ramadan, an iftar programme is rolled out. This allows guests to break their fast with the centre’s presenters, visit a nearby mosque and observe their guides while they pray. These events last for about two hours and are open to the public, or can be booked for a private event.
Until the end of Ramadan, the iftar events take place from 7pm until 9pm, from Saturday to Thursday. Advanced booking is required.
For more details, email openminds@cultures.ae or visit www.cultures.ae
High profile Al Shabab attacks
- 2010: A restaurant attack in Kampala Uganda kills 74 people watching a Fifa World Cup final football match.
- 2013: The Westgate shopping mall attack, 62 civilians, five Kenyan soldiers and four gunmen are killed.
- 2014: A series of bombings and shootings across Kenya sees scores of civilians killed.
- 2015: Four gunmen attack Garissa University College in northeastern Kenya and take over 700 students hostage, killing those who identified as Christian; 148 die and 79 more are injured.
- 2016: An attack on a Kenyan military base in El Adde Somalia kills 180 soldiers.
- 2017: A suicide truck bombing outside the Safari Hotel in Mogadishu kills 587 people and destroys several city blocks, making it the deadliest attack by the group and the worst in Somalia’s history.
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.”
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Killing of Qassem Suleimani
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying