“My problem,” said Pierre-Emerick Aubameyang in an indiscreet moment, preserved on video from earlier this year, “was only with Arteta”.
The feeling was mutual. “You cannot rescue trust,” the Arsenal manager told a documentary crew tracking the club through last season, explaining the abrupt departure of his then captain.
Eleven months ago, Arteta’s patience with Aubameyang snapped. Arsenal’s figurehead player, the leading scorer in two of the club’s three previous campaigns, was banished to train with the youth team, pushed towards the exit.
Safe to say it is an unlikely turn of events that will see these two antagonists sharing the same stage again this weekend when Arsenal visit Chelsea. Aubameyang has changed employer twice since the fallout; Arteta has taken an Arsenal orphaned of their ex-skipper to the top of the Premier League.
Hindsight now casts the fracture of that relationship as a crossroads moment in Arteta’s short career as a manager, a brave statement of his authority, his clarity. Perceived indiscipline, specifically around timekeeping, by Aubameyang led to the severing of ties. “He’s been late, apart from all the other issues, many times,” Arteta said.
Some complex negotiations at the tail-end of the January transfer window, then allowed Arsenal and Aubameyang to part on financially acceptable terms, the club agreeing to cancel the last six months of his lucrative contract so he could join Barcelona without a fee.
He took a significant salary cut for the chance to stretch his wide portfolio in club football. The intrepid Aubameyang, who began his senior career at Italy’s AC Milan, would be adding La Liga to France’s Ligue 1, where he played for several clubs, Germany’s Bundesliga, where he starred at Borussia Dortmund, and the Premier League to his résumé.
At Barca, Aubameyang showed that class travels smoothly. In half a season, he scored enough goals – 13 – to make himself Barcelona’s joint leading scorer for the entire campaign.
He scored a hat-trick on his first start in the La Liga; he scored twice and set up another in his first clasico at Real Madrid’s Bernabeu. He heard Xavi, the novice Barcelona coach, describe him in terms utterly distinct from the message from Arteta in his last weeks at Arsenal. “He set an example on and off the field,” beamed Xavi. “He’s a gem. You want these sorts of players in your group.”
But Barcelona, by the summer, wanted a different calibre of striker. Once they had signed Robert Lewandowski to lead the line and Raphinha to attack from wide on the left, they deemed Aubameyang most useful to them for the transfer fee he could bring in. He was sold to Chelsea close to the summer deadline.
“As a coach, I feel bad to lose a footballer like him,” said Xavi. “But it was a good opportunity for him and for the club.” Aubameyang, 33, brought €12m into debt-burdened Barcelona’s treasury.
His goals had also helped them finish second in La Liga. They had been outside the top four when they invited him to join them.
Arsenal, meanwhile, were seventh in the Premier League when Aubameyang played the last of his 163 games for them. They would finish the season fifth, outside the Champions League placings, their top scorer for the campaign Bukayo Saka, with 12.
If there were residual reasons then to feel Aubameyang was missed at Arsenal, the impact of Gabriel Jesus, signed from Manchester City, has quietened any Auba-nostalgia.
Arteta will take his team to Stamford Bridge with a 10-point advantage over Chelsea, confident that he has more accumulated expertise in how to tame Aubameyang than Graham Potter, Chelsea’s manager, has yet acquired in how best to use him.
The Gabonese striker initially signed for Chelsea assuming it would mean a reunion with Thomas Tuchel, who Aubameyang knew well from their time together at Dortmund. Tuchel was sacked within hours of Aubameyang’s debut.
Potter then watched him score his first Chelsea goal on his Premier League debut for his new club, at Crystal Palace, and begin his busy set of reunions with his ex-employers by scoring home and away against Milan in the Champions League. Those are his only Chelsea goals so far.
But on Wednesday, there were signs of growing confidence. His audacious back-heel to Raheem Sterling set up Chelsea’s first goal in the 2-1 win against Dinamo Zagreb. He later thumped an effort against the Dinamo crossbar. That followed a cut inside from the left, on to his right foot, and a stepover. It’s a manoeuvre Arsenal would recognise as Aubameyang’s trademark. It’s a trick Arteta will have his men fully briefed to watch out for.
UAE currency: the story behind the money in your pockets
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Starring: Jamie Foxx, Angela Bassett, Tina Fey
Directed by: Pete Doctor
Rating: 4 stars
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UAE currency: the story behind the money in your pockets
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Jetour T1 specs
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Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
Secret Nation: The Hidden Armenians of Turkey
Avedis Hadjian, (IB Tauris)
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.”
How has net migration to UK changed?
The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.
It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.
The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.
The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Zayed Sustainability Prize
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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Crops that could be introduced to the UAE
1: Quinoa
2. Bathua
3. Amaranth
4. Pearl and finger millet
5. Sorghum
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Fuel economy, combined: 10.7L / 100km
THE LOWDOWN
Photograph
Rating: 4/5
Produced by: Poetic License Motion Pictures; RSVP Movies
Director: Ritesh Batra
Cast: Nawazuddin Siddiqui, Sanya Malhotra, Farrukh Jaffar, Deepak Chauhan, Vijay Raaz
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
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
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