• Cristiano Ronaldo celebrates on his debut for Al Nassr with teammate Anderson Talisca, who scored the winner in the 1-0 Saudi Pro League victory over Al Ettifaq at Mrsool Park, Riyadh, Saudi Arabia, on January 22, 2023. Reuters
    Cristiano Ronaldo celebrates on his debut for Al Nassr with teammate Anderson Talisca, who scored the winner in the 1-0 Saudi Pro League victory over Al Ettifaq at Mrsool Park, Riyadh, Saudi Arabia, on January 22, 2023. Reuters
  • Cristiano Ronaldo celebrates with Anderson Talisca, who scored Al Nassr's winner against Al Ettifaq. Reuters
    Cristiano Ronaldo celebrates with Anderson Talisca, who scored Al Nassr's winner against Al Ettifaq. Reuters
  • Cristiano Ronaldo celebrates with Anderson Talisca. Reuters
    Cristiano Ronaldo celebrates with Anderson Talisca. Reuters
  • Cristiano Ronaldo makes a run on his Al Nassr debut. Getty
    Cristiano Ronaldo makes a run on his Al Nassr debut. Getty
  • Cristiano Ronaldo in action for Al Nassr against Al Ettifaq. Reuters
    Cristiano Ronaldo in action for Al Nassr against Al Ettifaq. Reuters
  • Cristiano Ronaldo celebrates Anderson Talisca's winning goal. Reuters
    Cristiano Ronaldo celebrates Anderson Talisca's winning goal. Reuters
  • Cristiano Ronaldo of Al Nassr runs with the ball. Getty
    Cristiano Ronaldo of Al Nassr runs with the ball. Getty
  • Cristiano Ronaldo of Al Nassr during the game at Mrsool Park Stadium. Getty
    Cristiano Ronaldo of Al Nassr during the game at Mrsool Park Stadium. Getty
  • Cristiano Ronaldo of Al Nassr during the game against Al Ittifaq. Getty
    Cristiano Ronaldo of Al Nassr during the game against Al Ittifaq. Getty
  • Cristiano Ronaldo reacts during the Saudi Pro League match between Al Nassr and Al Ittifaq. Getty
    Cristiano Ronaldo reacts during the Saudi Pro League match between Al Nassr and Al Ittifaq. Getty
  • Al Nassr's Anderson Talisca celebrates scoring their winner with Cristiano Ronaldo. Reuters
    Al Nassr's Anderson Talisca celebrates scoring their winner with Cristiano Ronaldo. Reuters
  • Al Nassr's Cristiano Ronaldo fights for the ball. AP
    Al Nassr's Cristiano Ronaldo fights for the ball. AP
  • All Nassr's Portuguese forward Cristiano Ronaldo checks on teammate Pity Martinez during the game. AFP
    All Nassr's Portuguese forward Cristiano Ronaldo checks on teammate Pity Martinez during the game. AFP
  • Cristiano Ronaldo of Al Nassr before kick-off. Getty
    Cristiano Ronaldo of Al Nassr before kick-off. Getty
  • Cristiano Ronaldo of Al Nassr leads the team out for the game against Al Ittifaq. Getty
    Cristiano Ronaldo of Al Nassr leads the team out for the game against Al Ittifaq. Getty
  • Al Nassr's Portuguese forward Cristiano Ronaldo takes a shot. AFP
    Al Nassr's Portuguese forward Cristiano Ronaldo takes a shot. AFP
  • Cristiano Ronaldo of Al Nassr during the game. Getty
    Cristiano Ronaldo of Al Nassr during the game. Getty
  • Cristiano Ronaldo celebrates Al Nassr's winner with teammates. AFP
    Cristiano Ronaldo celebrates Al Nassr's winner with teammates. AFP
  • Cristiano Ronaldo takes a free-kick during. AFP
    Cristiano Ronaldo takes a free-kick during. AFP
  • Cristiano Ronaldo dribbles with the ball. AFP
    Cristiano Ronaldo dribbles with the ball. AFP
  • Al Nassr's Anderson Talisca celebrates scoring their winner with Ali Al Lajami and Cristiano Ronaldo. Reuters
    Al Nassr's Anderson Talisca celebrates scoring their winner with Ali Al Lajami and Cristiano Ronaldo. Reuters
  • Al Nassr's Cristiano Ronaldo reacts during the match. EPA
    Al Nassr's Cristiano Ronaldo reacts during the match. EPA
  • Al Nassr's Cristiano Ronaldo wins a header. EPA
    Al Nassr's Cristiano Ronaldo wins a header. EPA
  • Al Nassr's Cristiano Ronaldo greets supporters ahead of the match against Al Ettifaq. AFP
    Al Nassr's Cristiano Ronaldo greets supporters ahead of the match against Al Ettifaq. AFP
  • Al Nassr forward Cristiano Ronaldo battles at a corner-kick. AFP
    Al Nassr forward Cristiano Ronaldo battles at a corner-kick. AFP
  • Cristiano Ronaldo of Al Nassr before the game. Getty
    Cristiano Ronaldo of Al Nassr before the game. Getty
  • A supporter of Al Nassr with a Cristiano Ronaldo shirt. AFP
    A supporter of Al Nassr with a Cristiano Ronaldo shirt. AFP
  • Al Nassr fans sit under a giant poster of Cristiano Ronaldo. AP
    Al Nassr fans sit under a giant poster of Cristiano Ronaldo. AP
  • A fan of Al Nassr's holds up a Cristiano Ronaldo poster before the match. Reuters
    A fan of Al Nassr's holds up a Cristiano Ronaldo poster before the match. Reuters
  • A fan Al Nassr with a Cristiano Ronaldo banner. Getty
    A fan Al Nassr with a Cristiano Ronaldo banner. Getty

Cristiano Ronaldo 'happy' to finally make Al Nassr bow, says coach Rudi Garcia


John McAuley
  • English
  • Arabic

Al Nassr manager Rudi Garcia said Cristiano Ronaldo was happy to finally make his debut for the club, but said they must ensure the forward is in his best shape to maximise his talent.

The former Manchester United, Real Madrid and Juventus star captained Nassr on his first appearance for the Saudi Pro League side, helping his new team to a 1-0 victory against Al Ettifaq at Mrsool Park on Sunday night. Brazilian Anderson Taslica got the game’s only goal, on 30 minutes.

However, the majority of attention was on Ronaldo following last month’s hugely lucrative move to Saudi football. The Portugal captain, a free agent having in November left United by mutual consent, signed a two-and-a-half-year deal with Nassr understood to be worth more than $200 million per year.

Speaking after the win that took Nassr, nine-time Saudi champions, back to the top of the table, Garcia said: “Everyone knows Cristiano – he’s a five-time Ballon d’Or winner. He’s one of the best players in the history of football.

“It’s up to us to make sure we get him in the best condition. I want him to enjoy playing here and tonight he was happy to play for the first time.”

Ronaldo, 37, showed plenty of endeavour on Sunday night as he led the Nassr attack with Talisca and Argentine Pity Martinez playing either side. Yet he only once troubled Ettifaq goalkeeper Paulo Victor, forcing the Brazilian into a low save with 12 minutes remaining.

Still, the victory lifted Nassr back to the standings' summit, one point ahead of city rivals and reigning champions Al Hilal – although Hilal have played a match more (15). Last champions in 2019, Nassr's next game is against third-placed Al Ittihad on Thursday, albeit in the Saudi Super Cup.

On Ronaldo settling into the team, Garcia said: “It’s very important for the players to play normally and not always try to give the ball to Cristiano. I told them they need to make the right choices on the pitch.

"Obviously when Cristiano or Talisca are alone and asking for the ball we need to give them the ball. These two players are able to make the difference.

“Tonight, I think that sometimes we had good positions to cross but not enough people in the box – and sometimes no Ronaldo and no Talisca.

“We need to work on that, to have one of them in the box and maybe the other playing outside the box.”

  • Cristiano Ronaldo celebrates after scoring the second goal for Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia, on January 19, 2023. AP
    Cristiano Ronaldo celebrates after scoring the second goal for Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia, on January 19, 2023. AP
  • Lionel Messi is congratulated by his PSG teammates after opening the scoring.
    Lionel Messi is congratulated by his PSG teammates after opening the scoring.
  • Cristiano Ronaldo celebrates after scoring the first goal for Riyadh All-Stars. AP
    Cristiano Ronaldo celebrates after scoring the first goal for Riyadh All-Stars. AP
  • Cristiano Ronaldo celebrates after scoring Riyadh All-Stars' first goal. AFP
    Cristiano Ronaldo celebrates after scoring Riyadh All-Stars' first goal. AFP
  • Kylian Mbappe scores the fourth goal for PSG. AFP
    Kylian Mbappe scores the fourth goal for PSG. AFP
  • Riyadh All-Star's South Korean defender Jang Hyun-soo levels at 3-3. AFP
    Riyadh All-Star's South Korean defender Jang Hyun-soo levels at 3-3. AFP
  • Cristiano Ronaldo takes a throw-in. Photo: General Entertainment Authority
    Cristiano Ronaldo takes a throw-in. Photo: General Entertainment Authority
  • Cristiano Ronaldo prepares to take a penalty. Photo: General Entertainment Authority
    Cristiano Ronaldo prepares to take a penalty. Photo: General Entertainment Authority
  • Cristiano Ronaldo scores from the penalty spot for the Riyadh All-Stars. Photo: General Entertainment Authority
    Cristiano Ronaldo scores from the penalty spot for the Riyadh All-Stars. Photo: General Entertainment Authority
  • Cristiano Ronaldo in action against Paris Saint-Germain. AFP
    Cristiano Ronaldo in action against Paris Saint-Germain. AFP
  • PSG forward Lionel Messi next to long-time rival, Riyadh All-Star's Portuguese forward Cristiano Ronaldo. AFP
    PSG forward Lionel Messi next to long-time rival, Riyadh All-Star's Portuguese forward Cristiano Ronaldo. AFP
  • Cristiano Ronaldo greets Riyadh All-Stars' Argentinian coach Marcelo Gallardo after being substituted. AFP
    Cristiano Ronaldo greets Riyadh All-Stars' Argentinian coach Marcelo Gallardo after being substituted. AFP
  • Cristiano Ronaldo celebrates his team's third goal. AFP
    Cristiano Ronaldo celebrates his team's third goal. AFP
  • Riyadh All-Star's Portuguese forward Cristiano Ronaldo takes a shot. AFP
    Riyadh All-Star's Portuguese forward Cristiano Ronaldo takes a shot. AFP
  • PSG's Kylian Mbappe greets Cristiano Ronaldo. AFP
    PSG's Kylian Mbappe greets Cristiano Ronaldo. AFP
  • Cristiano Ronaldo grimaces. AP
    Cristiano Ronaldo grimaces. AP
  • PSG's Hugo Ekitike (l) celebrates after scoring their fifth. AP
    PSG's Hugo Ekitike (l) celebrates after scoring their fifth. AP
  • Lionel Messi takes a shot. AFP
    Lionel Messi takes a shot. AFP
  • PSG defender Juan Bernat is shown the red card by Qatari referee Abdulrahman al-Jassim. AFP
    PSG defender Juan Bernat is shown the red card by Qatari referee Abdulrahman al-Jassim. AFP
  • Juan Bernat fouls Riyadh All-Star's Saudi midfielder Salem al-Dawsari, leading to a red card. AFP
    Juan Bernat fouls Riyadh All-Star's Saudi midfielder Salem al-Dawsari, leading to a red card. AFP
  • PSG's Lionel Messi scores the opening goal in Riyadh. AFP
    PSG's Lionel Messi scores the opening goal in Riyadh. AFP
  • Cristiano Ronaldo is challenged by PSG's Lionel Messi. AP
    Cristiano Ronaldo is challenged by PSG's Lionel Messi. AP
  • Cristiano Ronaldo and PSG's Marquinhos with officials before the match. Reuters
    Cristiano Ronaldo and PSG's Marquinhos with officials before the match. Reuters
  • Paris Saint-Germain forwards Lionel Messi and Neymar ahead of the match. AFP
    Paris Saint-Germain forwards Lionel Messi and Neymar ahead of the match. AFP
  • PSG''s Kylian Mbappe and Neymar warm up. AFP
    PSG''s Kylian Mbappe and Neymar warm up. AFP
  • A fan holds up a banner of Al Nassr's Cristiano Ronaldo inside the stadium before the match. Reuters
    A fan holds up a banner of Al Nassr's Cristiano Ronaldo inside the stadium before the match. Reuters
  • Cristiano Ronaldo during the Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia.
    Cristiano Ronaldo during the Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia.
  • Messi and Ronaldo vie for the ball during the Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia. Photo: General Entertainment Authority
    Messi and Ronaldo vie for the ball during the Riyadh All-Stars against PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia. Photo: General Entertainment Authority
  • Lionel Messi lines up before kick off. Photo: General Entertainment Authority
    Lionel Messi lines up before kick off. Photo: General Entertainment Authority
  • Lionel Messi shoots at goal. Photo: General Entertainment Authority
    Lionel Messi shoots at goal. Photo: General Entertainment Authority
  • Saudi All-Stars in action against French champions PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia. Photo: General Entertainment Authority
    Saudi All-Stars in action against French champions PSG at the King Fahd University Stadium in Riyadh, Saudi Arabia. Photo: General Entertainment Authority

Meanwhile, Ettifaq manager Patrice Carteron welcomed Ronaldo’s arrival to the league, describing setting up his side to face the all-time record goalscorer in men’s international football as “a privilege”.

“I am very happy that he came to Saudi Arabia for the excitement of every game, and at a big club like Al Nassr,” Carteron said. “It’s fantastic news for football here, and everyone will enjoy it and every ground should be full.

“He’s a fantastic player and we were all happy to face such a player. He played a good game today. He did not score, but he’s so dangerous.

“You can see he’s still not 100 per cent, but it’s a privilege to face him - and we wish him all the best.”

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Dates for the diary

To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:

  • September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
  • October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
  • October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
  • November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
  • December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
  • February 2, 2018 Bodytree will host its 4th annual yoga market.

Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital

UAE currency: the story behind the money in your pockets
Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

The specs: 2018 Mercedes-Benz E 300 Cabriolet

Price, base / as tested: Dh275,250 / Dh328,465

Engine: 2.0-litre four-cylinder

Power: 245hp @ 5,500rpm

Torque: 370Nm @ 1,300rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.0L / 100km

MATCH INFO

First Test at Barbados
West Indies won by 381 runs

Second Test at Antigua
West Indies won by 10 wickets

Third Test at St Lucia
February 9-13

 

KLOPP%20AT%20LIVERPOOL
%3Cp%3EYears%3A%20October%202015%20-%20June%202024%3Cbr%3ETotal%20games%3A%20491%3Cbr%3EWin%20percentage%3A%2060.9%25%3Cbr%3EMajor%20trophies%3A%206%20(Premier%20League%20x%201%2C%20Champions%20League%20x%201%2C%20FA%20Cup%20x%201%2C%20League%20Cup%20x%202%2C%20Fifa%20Club%20World%20Cup%20x1)%3C%2Fp%3E%0A
TECH%20SPECS%3A%20APPLE%20IPHONE%2014%20PLUS
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%206.1%22%20Super%20Retina%20XDR%20OLED%2C%202778%20x%201284%2C%20458ppi%2C%20HDR%2C%20True%20Tone%2C%20P3%2C%201200%20nits%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20A15%20Bionic%2C%206-core%20CPU%2C%205-core%20GPU%2C%2016-core%20Neural%20Engine%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%206GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%20128%2F256%2F512GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20iOS%2016%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2012MP%20main%20(f%2F1.5)%20%2B%2012MP%20ultra-wide%20(f%2F2.4)%3B%202x%20optical%2C%205x%20digital%3B%20Photonic%20Engine%2C%20Deep%20Fusion%2C%20Smart%20HDR%204%2C%20Portrait%20Lighting%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%20video%3A%3C%2Fstrong%3E%204K%20%40%2024%2F25%2F3060fps%2C%20full-HD%20%40%2025%2F30%2F60fps%2C%20HD%20%40%2030fps%3B%20HD%20slo-mo%20%40%20120%2F240fps%3B%20night%2C%20time%20lapse%2C%20cinematic%2C%20action%20modes%3B%20Dolby%20Vision%2C%204K%20HDR%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2012MP%20TrueDepth%20(f%2F1.9)%2C%20Photonic%20Engine%2C%20Deep%20Fusion%2C%20Smart%20HDR%204%3B%20Animoji%2C%20Memoji%3B%20Portrait%20Lighting%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%20video%3A%3C%2Fstrong%3E%204K%20%40%2024%2F25%2F3060fps%2C%20full-HD%20%40%2025%2F30%2F60fps%2C%20HD%20slo-mo%20%40%20120fps%3B%20night%2C%20time%20lapse%2C%20cinematic%2C%20action%20modes%3B%20Dolby%20Vision%2C%204K%20HDR%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%204323%20mAh%2C%20up%20to%2026h%20video%2C%2020h%20streaming%20video%2C%20100h%20audio%3B%20fast%20charge%20to%2050%25%20in%2030m%3B%20MagSafe%2C%20Qi%20wireless%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%2C%20Bluetooth%205.3%2C%20NFC%20(Apple%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Face%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Lightning%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20Dual%20eSIM%20%2F%20eSIM%20%2B%20SIM%20(US%20models%20use%20eSIMs%20only)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Blue%2C%20midnight%2C%20purple%2C%20starlight%2C%20Product%20Red%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20iPhone%2014%2C%20USB-C-to-Lightning%20cable%2C%20one%20Apple%20sticker%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Dh3%2C799%20%2F%20Dh4%2C199%20%2F%20Dh5%2C049%3C%2Fp%3E%0A

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.”

Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

CABINET%20OF%20CURIOSITIES%20EPISODE%201%3A%20LOT%2036
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EGuillermo%20del%20Toro%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Tim%20Blake%20Nelson%2C%20Sebastian%20Roche%2C%20Elpidia%20Carrillo%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
Dengue%20fever%20symptoms
%3Cul%3E%0A%3Cli%3EHigh%20fever%3C%2Fli%3E%0A%3Cli%3EIntense%20pain%20behind%20your%20eyes%3C%2Fli%3E%0A%3Cli%3ESevere%20headache%3C%2Fli%3E%0A%3Cli%3EMuscle%20and%20joint%20pains%3C%2Fli%3E%0A%3Cli%3ENausea%3C%2Fli%3E%0A%3Cli%3EVomiting%3C%2Fli%3E%0A%3Cli%3ESwollen%20glands%3C%2Fli%3E%0A%3Cli%3ERash%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3EIf%20symptoms%20occur%2C%20they%20usually%20last%20for%20two-seven%20days%3C%2Fp%3E%0A
Griselda
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%C2%A0Andr%C3%A9s%20Baiz%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%C2%A0%3C%2Fstrong%3ESof%C3%ADa%20Vergara%2C%20Alberto%20Guerra%2C%20Juliana%20Aiden%20Martinez%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Results

57kg quarter-finals

Zakaria Eljamari (UAE) beat Hamed Al Matari (YEM) by points 3-0.

60kg quarter-finals

Ibrahim Bilal (UAE) beat Hyan Aljmyah (SYR) RSC round 2.

63.5kg quarter-finals

Nouredine Samir (UAE) beat Shamlan A Othman (KUW) by points 3-0.

67kg quarter-finals

Mohammed Mardi (UAE) beat Ahmad Ondash (LBN) by points 2-1.

71kg quarter-finals

Ahmad Bahman (UAE) defeated Lalthasanga Lelhchhun (IND) by points 3-0.

Amine El Moatassime (UAE) beat Seyed Kaveh Safakhaneh (IRI) by points 3-0.

81kg quarter-finals

Ilyass Habibali (UAE) beat Ahmad Hilal (PLE) by points 3-0

Results

5.30pm: Maiden (TB) Dh82,500 (Turf) 1,400m; Winner: Mcmanaman, Sam Hitchcock (jockey), Doug Watson (trainer)

6.05pm: Handicap (TB) Dh87,500 (T) 1,400m; Winner: Bawaasil, Sam Hitchcott, Doug Watson

6.40pm: Handicap (TB) Dh105,000 (Dirt) 1,400m; Winner: Bochart, Fabrice Veron, Satish Seemar

7.15pm: Handicap (TB) Dh105,000 (T) 1,200m; Winner: Mutaraffa, Antonio Fresu, Musabah Al Muhairi

7.50pm: Longines Stakes – Conditions (TB) Dh120,00 (D) 1,900m; Winner: Rare Ninja, Royston Ffrench, Salem bin Ghadayer

8.25pm: Zabeel Trophy – Rated Conditions (TB) Dh120,000 (T) 1,600m; Winner: Alfareeq, Antonio Fresu, Musabah Al Muhairi

9pm: Handicap (TB) Dh105,000 (T) 2,410m; Winner: Good Tidings, Antonio Fresu, Musabah Al Muhairi

9.35pm: Handicap (TB) Dh92,500 (T) 2,000m; Winner: Zorion, Abdul Aziz Al Balushi, Helal Al Alawi

 

Updated: January 23, 2023, 12:10 PM