Former Newcastle United midfielder Christian Atsu has been pulled alive from the rubble of a collapsed building in Turkey and transferred to hospital following an earthquake that devastated the country and parts of Syria over the weekend. PA
Former Newcastle United midfielder Christian Atsu has been pulled alive from the rubble of a collapsed building in Turkey and transferred to hospital following an earthquake that devastated the country and parts of Syria over the weekend. PA
Former Newcastle United midfielder Christian Atsu has been pulled alive from the rubble of a collapsed building in Turkey and transferred to hospital following an earthquake that devastated the country and parts of Syria over the weekend. PA
Former Newcastle United midfielder Christian Atsu has been pulled alive from the rubble of a collapsed building in Turkey and transferred to hospital following an earthquake that devastated the countr

Christian Atsu pulled from rubble alive after earthquake in Turkey, official says


Steve Luckings
  • English
  • Arabic

Follow the latest on the earthquake in Turkey and Syria

Former Chelsea and Newcastle United star Christian Atsu has been found alive and transferred to hospital after being pulled from the rubble of a building that collapsed following this weekend's earthquake that has devastated parts of Turkey and Syria.

"Christian Atsu was removed from the wreckage with injuries. Unfortunately, our sporting director Taner Savut is still under the rubble," Hatayspor vice-president Mustafa Ozat told Radyo Gol.

Ghana's ambassador to Turkey has also confirmed Atsu's rescue.

Atsu, a 31-year-old former Ghana international, was caught up in the 7.8 magnitude earthquake which occurred on Monday killing thousands.

Hatayspor, Atsu's current club, is located in the Turkish city of the Hatay, which is believed to be one of the areas worst affected by the earthquake.

Hundreds of buildings have been destroyed, with many people feared trapped under the rubble.

The quake and scores of aftershocks, one of which was almost as big as the original earthquake, was felt across the region in Lebanon, Cyprus and Iraq, and as far away as Greenland.

The initial quake had a 7.8 magnitude. The death toll is expected to rise sharply.

Atsu was part of the Newcastle team which won promotion back to the Premier League in 2017 after joining on loan for the season from Chelsea, and later completed a permanent move.

"Praying for some positive news, @ChristianAtsu20," read a post on the official Newcastle United Twitter account.

Atsu was in action on Sunday for Hatayspor, scoring a goal in the seventh minute of stoppage time in a 1-0 victory over Kasimpasa, moving them up to 14th place in the 19-team Turkish Super Lig and two points above the relegation zone.

Atsu represented Ghana between 2012 to 2019, winning 65 caps and scoring nine goals. He represented the Black Stars at the 2014 World Cup in Brazil.

He began his career at Portuguese club Porto in 2011 before transferring to Chelsea in 2013. Following a succession of loan moves, he moved to Newcastle permanently in 2017 and remained at St James' Park for four years, playing 75 Premier League matches and scoring three goals.

Atsu transferred to Saudi Arabia's Al Raed in 2021 before moving to Hatayspor last August.

Meanwhile, Turkish second division side Yeni Matalyaspor have confirmed that their 28-year-old goalkeeper Ahmet Eyup Turkaslan is also missing.

The second-tier outfit released a statement on Instagram, in which they said: “Our goalkeeper, Ahmet Eyup Turkaslan, is in the building that was damaged and destroyed in the earthquake.

“Search and rescue efforts continue. As of now, there has been no news from him yet.”

Earthquake strikes Turkey and Syria

  • A child being rescued from the rubble in this screengrab obtained from social media, in Bisnia in Syria. Reuters
    A child being rescued from the rubble in this screengrab obtained from social media, in Bisnia in Syria. Reuters
  • A rescued boy is given water in a bottle cap in Hatay, Turkey. Reuters
    A rescued boy is given water in a bottle cap in Hatay, Turkey. Reuters
  • A woman carries a box of food in Kahramanmaras, Turkey. Reuters
    A woman carries a box of food in Kahramanmaras, Turkey. Reuters
  • 'We were screaming for help until people came to help us and they took us to the hospital', said Hamid from Homs who was injured in a building collapse. Matt Kynaston / The National
    'We were screaming for help until people came to help us and they took us to the hospital', said Hamid from Homs who was injured in a building collapse. Matt Kynaston / The National
  • Palestinians attend a vigil to exress solidarity with the people of Turkey and Syria in Khan Yunius in the southern Gaza Strip. AFP
    Palestinians attend a vigil to exress solidarity with the people of Turkey and Syria in Khan Yunius in the southern Gaza Strip. AFP
  • A collapsed building in Hatay, Turkey after a major earthquake struck southern Turkey and northern Syria on February 6. EPA
    A collapsed building in Hatay, Turkey after a major earthquake struck southern Turkey and northern Syria on February 6. EPA
  • A Syrian man cries as he sits on the rubble of a collapsed building in the rebel-held town of Jindayris. AFP
    A Syrian man cries as he sits on the rubble of a collapsed building in the rebel-held town of Jindayris. AFP
  • A man carries a girl who was rescued from the rubble of a collapsed building in Hatay. EPA
    A man carries a girl who was rescued from the rubble of a collapsed building in Hatay. EPA
  • Members of the Turkish community in Berlin gather humanitarian aid. EPA
    Members of the Turkish community in Berlin gather humanitarian aid. EPA
  • A Turkish soldier in front of a collapsed building in Hatay. EPA
    A Turkish soldier in front of a collapsed building in Hatay. EPA
  • The rubble of buildings in the village of Besnaya in Syria's Idlib province. AFP
    The rubble of buildings in the village of Besnaya in Syria's Idlib province. AFP
  • Russian rescuers search for survivors in the town of Jableh in Syria's Latakia province. AFP
    Russian rescuers search for survivors in the town of Jableh in Syria's Latakia province. AFP
  • A photo taken with a drone shows an aerial view over collapsed buildings after an earthquake in Hatay, Turkey. EPA
    A photo taken with a drone shows an aerial view over collapsed buildings after an earthquake in Hatay, Turkey. EPA
  • Destruction in Hatay city centre. AP
    Destruction in Hatay city centre. AP
  • Members of the Turkish community in Berlin collect aid to support victims. Reuters
    Members of the Turkish community in Berlin collect aid to support victims. Reuters
  • An injured man is carried to an ambulance after being rescued from the rubble in Hatay. Reuters
    An injured man is carried to an ambulance after being rescued from the rubble in Hatay. Reuters
  • A man carries an aid box in Hatay. Getty
    A man carries an aid box in Hatay. Getty
  • Bags of wood for fires are distributed in Hatay Turkey. Getty
    Bags of wood for fires are distributed in Hatay Turkey. Getty
  • A man trapped in rubble waits while debris is removed in Hatay. AFP
    A man trapped in rubble waits while debris is removed in Hatay. AFP
  • Residents look for their relatives in Hatay. AFP
    Residents look for their relatives in Hatay. AFP
  • Rescuers look for survivors under the rubble of collapsed buildings in Kahramanmaras, close to the quake's epicentre. AFP
    Rescuers look for survivors under the rubble of collapsed buildings in Kahramanmaras, close to the quake's epicentre. AFP
  • Emergency personnel search for victims at the site of a collapsed building in the city of Iskenderun. EPA
    Emergency personnel search for victims at the site of a collapsed building in the city of Iskenderun. EPA
  • Muhammet Ruzgar, five, is carried by rescuers from the site of a damaged building in Hatay. Reuters
    Muhammet Ruzgar, five, is carried by rescuers from the site of a damaged building in Hatay. Reuters
  • A newborn found attached by her umbilical cord to her mother and pulled alive from the rubble of a home in northern Syria receives care at a clinic in Afrin. AFP
    A newborn found attached by her umbilical cord to her mother and pulled alive from the rubble of a home in northern Syria receives care at a clinic in Afrin. AFP
  • Women grieve in Hatay, Turkey. Reuters
    Women grieve in Hatay, Turkey. Reuters
  • Smoke billows at the site of a collapsed building in Iskenderun, Turkey. Getty
    Smoke billows at the site of a collapsed building in Iskenderun, Turkey. Getty
  • An Iraqi plane offloads aid at Damascus airport in Syria. Reuters
    An Iraqi plane offloads aid at Damascus airport in Syria. Reuters
  • Two people cry near rubble in Turkey's Hatay province. Reuters
    Two people cry near rubble in Turkey's Hatay province. Reuters
  • A damaged building in Iskenderun. EPA
    A damaged building in Iskenderun. EPA
  • Rescuers search for survivors at the site of a collapsed building in Iskenderun. EPA
    Rescuers search for survivors at the site of a collapsed building in Iskenderun. EPA
  • Cennet Sucu is rescued from beneath the rubble of collapsed hospital in Iskenderun. Reuters
    Cennet Sucu is rescued from beneath the rubble of collapsed hospital in Iskenderun. Reuters
  • Security forces load Red Crescent aid on to a plane destined for Syria at a military base in Baghdad, Iraq. Reuters
    Security forces load Red Crescent aid on to a plane destined for Syria at a military base in Baghdad, Iraq. Reuters
  • People rest next to fire amid the rubble in Hatay, after a 7. 8-magnitude earthquake struck Turkey's south-east. AFP
    People rest next to fire amid the rubble in Hatay, after a 7. 8-magnitude earthquake struck Turkey's south-east. AFP
  • Rescuers board a charter plane in Cologne, Germany, as they head to Turkey to assist in the search for find survivors of the quake. Reuters
    Rescuers board a charter plane in Cologne, Germany, as they head to Turkey to assist in the search for find survivors of the quake. Reuters
  • Injured survivors wait to be treated at a field hospital in Iskenderun,Turkey. Getty
    Injured survivors wait to be treated at a field hospital in Iskenderun,Turkey. Getty
  • Residents of Turkish city Adana gather at the scene of a collapsed building. The death toll in Turkey and Syria has risen to more than 2,000 after the region's strongest quake in nearly a century. AFP
    Residents of Turkish city Adana gather at the scene of a collapsed building. The death toll in Turkey and Syria has risen to more than 2,000 after the region's strongest quake in nearly a century. AFP
  • Residents search for survivors amid the rubble of collapsed buildings in the village of Besnia, in Syria's north-western Idlib province. AFP
    Residents search for survivors amid the rubble of collapsed buildings in the village of Besnia, in Syria's north-western Idlib province. AFP
  • A rescuer carries a Syrian toddler, Raghad Ismail, away from the rubble of a building. Reuters
    A rescuer carries a Syrian toddler, Raghad Ismail, away from the rubble of a building. Reuters
  • Residents wait anxiously as rescue operations take place in Diyarbakir, Turkey. Reuters
    Residents wait anxiously as rescue operations take place in Diyarbakir, Turkey. Reuters
  • Rescue workers search for survivors under the rubble in Diyarbakir. Reuters
    Rescue workers search for survivors under the rubble in Diyarbakir. Reuters
  • Residents search for survivors in Besnia, Syria. AFP
    Residents search for survivors in Besnia, Syria. AFP
  • A Syrian man weeps as he carries the body of his son who was killed in an earthquake in the town of Jandaris. AFP
    A Syrian man weeps as he carries the body of his son who was killed in an earthquake in the town of Jandaris. AFP
  • A wounded man in Jandaris. AFP
    A wounded man in Jandaris. AFP
  • Rescue workers search for survivors in Diyarbakir, Turkey. Reuters
    Rescue workers search for survivors in Diyarbakir, Turkey. Reuters
  • A man carries a girl to safety following the earthquake, in Jandaris, Syria. Reuters
    A man carries a girl to safety following the earthquake, in Jandaris, Syria. Reuters
  • People receive treatment at Al Rahma hospital in the Syrian town of Darkush. AFP
    People receive treatment at Al Rahma hospital in the Syrian town of Darkush. AFP
  • Rescuers carry a girl from a collapsed building, in Diyarbakir, Turkey. Reuters
    Rescuers carry a girl from a collapsed building, in Diyarbakir, Turkey. Reuters
  • A survivor is extracted from the rubble in Diyarbakir. AFP
    A survivor is extracted from the rubble in Diyarbakir. AFP
  • The aftermath of the 7.8-magnitude earthquake on February 6 in Adana, Turkey. Reuters
    The aftermath of the 7.8-magnitude earthquake on February 6 in Adana, Turkey. Reuters
  • Rescuers work near the site of a collapsed building in Hama, Syria. Reuters
    Rescuers work near the site of a collapsed building in Hama, Syria. Reuters
  • Turkish sweet vendors at Dubai Waterfront Market watch earthquake updates on a phone. Victor Besa / The National
    Turkish sweet vendors at Dubai Waterfront Market watch earthquake updates on a phone. Victor Besa / The National
  • Hayri Aggül and Ismet Guven watch the latest news on the disaster. Victor Besa / The National
    Hayri Aggül and Ismet Guven watch the latest news on the disaster. Victor Besa / The National
  • Syrian President Bashar Al Assad (C) leads an emergency cabinet meeting in the capital, Damascus. EPA
    Syrian President Bashar Al Assad (C) leads an emergency cabinet meeting in the capital, Damascus. EPA
  • Hundreds of people were killed as they slept. Abd Almajed Alkarh for The National
    Hundreds of people were killed as they slept. Abd Almajed Alkarh for The National
  • Rescue teams search for survivors in Idlib, Syria. Abd Almajed Alkarh for The National
    Rescue teams search for survivors in Idlib, Syria. Abd Almajed Alkarh for The National
  • Rescue teams look for survivors under the rubble of a collapsed building in the northern Syrian city of Aleppo. AFP
    Rescue teams look for survivors under the rubble of a collapsed building in the northern Syrian city of Aleppo. AFP
  • A desperate search for survivors in Aleppo. AFP
    A desperate search for survivors in Aleppo. AFP
  • Despair in Diyarbakir, south-eastern Turkey. AFP
    Despair in Diyarbakir, south-eastern Turkey. AFP
  • An injured survivor is pulled from the rubble in Diyarbakir. AFP
    An injured survivor is pulled from the rubble in Diyarbakir. AFP
  • Relatives face an anxious wait as emergency teams search for survivors in Diyarbakir. EPA
    Relatives face an anxious wait as emergency teams search for survivors in Diyarbakir. EPA
  • Damage caused by the earthquake in Idlib, north-western Syria. Moawia Atrash for The National
    Damage caused by the earthquake in Idlib, north-western Syria. Moawia Atrash for The National
  • An injured child is plucked from the rubble of a building following the earthquake in rebel-held Azaz, Syria. Reuters
    An injured child is plucked from the rubble of a building following the earthquake in rebel-held Azaz, Syria. Reuters
  • A Syrian Civil Defence team recovering victims of the earthquake in Idlib. Moawia Atrash for The National
    A Syrian Civil Defence team recovering victims of the earthquake in Idlib. Moawia Atrash for The National
  • Tremors were felt as far away as Cyprus, Egypt and Iraq. Moawia Atrash for The National
    Tremors were felt as far away as Cyprus, Egypt and Iraq. Moawia Atrash for The National
  • Destruction in the rebel-held town of Jandaris, Syria. Reuters
    Destruction in the rebel-held town of Jandaris, Syria. Reuters
  • People search through rubble in Diyarbakir, Turkey. Reuters
    People search through rubble in Diyarbakir, Turkey. Reuters
  • A car is smashed up by fallen debris in Azaz. Reuters
    A car is smashed up by fallen debris in Azaz. Reuters
  • Damaged vehicles after the powerful earthquake in Diyarbakir. EPA
    Damaged vehicles after the powerful earthquake in Diyarbakir. EPA
  • Severe damage to a mosque in Malatya, Turkey. AP
    Severe damage to a mosque in Malatya, Turkey. AP
  • Several buildings collapsed, trapping many people underneath the rubble. AP
    Several buildings collapsed, trapping many people underneath the rubble. AP
  • Hospitals in north-eastern Syria were full of injured people. AFP
    Hospitals in north-eastern Syria were full of injured people. AFP
  • An injured man waits for treatment at Bab Al Hawa hospital in Syria's Idlib province. AFP
    An injured man waits for treatment at Bab Al Hawa hospital in Syria's Idlib province. AFP
  • A car is buried underneath the rubble of a collapsed building in Azmarin, a town in Syria's Idlib province. AP
    A car is buried underneath the rubble of a collapsed building in Azmarin, a town in Syria's Idlib province. AP
  • Rescuers search for victims as an ambulance waits. AFP
    Rescuers search for victims as an ambulance waits. AFP
  • An injured child awaits treatment at Bab Al Hawa hospital. AFP
    An injured child awaits treatment at Bab Al Hawa hospital. AFP
  • Rescuers search through the rubble for survivors. EPA
    Rescuers search through the rubble for survivors. EPA
  • The US Geological Survey said the quake began at 4.17am local time. EPA
    The US Geological Survey said the quake began at 4.17am local time. EPA
  • People at the site of a collapsed building. EPA
    People at the site of a collapsed building. EPA
  • The earthquake in Turkey caused widespread destruction. AP
    The earthquake in Turkey caused widespread destruction. AP
  • People gather around a collapsed building in Pazarcik, in Turkey's Kahramanmaras province. AP
    People gather around a collapsed building in Pazarcik, in Turkey's Kahramanmaras province. AP
  • At least 130 buildings collapsed in the Turkish city of Malatya. Reuters
    At least 130 buildings collapsed in the Turkish city of Malatya. Reuters
  • Rescuers search for victims in Diyarbakir. AFP
    Rescuers search for victims in Diyarbakir. AFP
  • Rescuers carry a victim at the site of a collapsed building in Hama, Syria. AFP
    Rescuers carry a victim at the site of a collapsed building in Hama, Syria. AFP
  • Rescuers search for survivors in Hama. AFP
    Rescuers search for survivors in Hama. AFP
  • Rescuers carry a victim pulled out from under the rubble of an eight-storey building. AFP
    Rescuers carry a victim pulled out from under the rubble of an eight-storey building. AFP
  • Damaged buildings in Hama. The aftershocks of the quake were felt in Syria and other neighbouring countries. Reuters
    Damaged buildings in Hama. The aftershocks of the quake were felt in Syria and other neighbouring countries. Reuters
  • A Syrian Civil Defence representative said the situation in the city was catastrophic. Reuters
    A Syrian Civil Defence representative said the situation in the city was catastrophic. Reuters
  • The death toll is expected to rise in Turkey and Syria. Reuters
    The death toll is expected to rise in Turkey and Syria. Reuters
How does ToTok work?

The calling app is available to download on Google Play and Apple App Store

To successfully install ToTok, users are asked to enter their phone number and then create a nickname.

The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.

Users can also invite other contacts to download ToTok to allow them to make contact through the app.

 

Results:

Men's wheelchair 800m T34: 1. Walid Ktila (TUN) 1.44.79; 2. Mohammed Al Hammadi (UAE) 1.45.88; 3. Isaac Towers (GBR) 1.46.46.

Super 30

Produced: Sajid Nadiadwala and Phantom Productions
Directed: Vikas Bahl
Cast: Hrithik Roshan, Pankaj Tripathi, Aditya Srivastav, Mrinal Thakur
Rating: 3.5 /5

The five pillars of Islam
TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%208
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2041mm%2C%20352%20x%20430%3B%2045mm%2C%20396%20x%20484%3B%20Retina%20LTPO%20OLED%2C%20up%20to%201000%20nits%2C%20always-on%3B%20Ion-X%20glass%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20S8%2C%20W3%20wireless%2C%20U1%20ultra-wideband%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%2032GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%201GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20watchOS%209%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EHealth%20metrics%3A%3C%2Fstrong%3E%203rd-gen%20heart%20rate%20sensor%2C%20temperature%20sensing%2C%20ECG%2C%20blood%20oxygen%2C%20workouts%2C%20fall%2Fcrash%20detection%3B%20emergency%20SOS%2C%20international%20emergency%20calling%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20GPS%2FGPS%20%2B%20cellular%3B%20Wi-Fi%2C%20LTE%2C%20Bluetooth%205.3%2C%20NFC%20(Apple%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP6X%2C%20water%20resistant%20up%20to%2050m%2C%20dust%20resistant%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%20308mAh%20Li-ion%2C%20up%20to%2018h%2C%20wireless%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20eSIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFinishes%3A%3C%2Fstrong%3E%20Aluminium%20%E2%80%93%20midnight%2C%20Product%20Red%2C%20silver%2C%20starlight%3B%20stainless%20steel%20%E2%80%93%20gold%2C%20graphite%2C%20silver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Watch%20Series%208%2C%20magnetic-to-USB-C%20charging%20cable%2C%20band%2Floop%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Starts%20at%20Dh1%2C599%20(41mm)%20%2F%20Dh1%2C999%20(45mm)%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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
Teri%20Baaton%20Mein%20Aisa%20Uljha%20Jiya
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Amit%20Joshi%20and%20Aradhana%20Sah%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECast%3A%3C%2Fstrong%3E%20Shahid%20Kapoor%2C%20Kriti%20Sanon%2C%20Dharmendra%2C%20Dimple%20Kapadia%2C%20Rakesh%20Bedi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.

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.”

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

Abu%20Dhabi%E2%80%99s%20Racecard
%3Cp%3E%0D5pm%3A%20Al%20Bithnah%20%E2%80%93%20Maiden%20(PA)%20Dh80%2C000%20(Turf)%201%2C200m%0D%3Cbr%3E5.30pm%3A%20Al%20Khari%20%E2%80%93%20Hanidcap%20(PA)%20Dh80%2C000%20(T)%201%2C200m%0D%3Cbr%3E6pm%3A%20Al%20Qor%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C600m%0D%3Cbr%3E6.30pm%3A%20Wathba%20Stallions%20Cup%20%E2%80%93%20Handicap%20(PA)%20Dh70%2C000%20(T)%201%2C600m%0D%3Cbr%3E7pm%3A%20Al%20Badiyah%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%202%2C200m%0D%3Cbr%3E7.30pm%3A%20Al%20Hayl%20%E2%80%93%20Handicap%20(TB)%20Dh80%2C000%20(T)%202%2C200m%3C%2Fp%3E%0A
At a glance

- 20,000 new jobs for Emiratis over three years

- Dh300 million set aside to train 18,000 jobseekers in new skills

- Managerial jobs in government restricted to Emiratis

- Emiratis to get priority for 160 types of job in private sector

- Portion of VAT revenues will fund more graduate programmes

- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government

The Good Liar

Starring: Helen Mirren, Ian McKellen

Directed by: Bill Condon

Three out of five stars

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

The%20Crown%20season%205
%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EImelda%20Staunton%2C%20Jonathan%20Pryce%2C%20Lesley%20Manville%2C%20Jonny%20Lee%20Miller%2C%20Dominic%20West%2C%20Elizabeth%20Debicki%2C%20Salim%20Daw%20and%20Khalid%20Abdalla%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EWritten%20by%3A%20%3C%2Fstrong%3EPeter%20Morgan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%20stars%3C%2Fp%3E%0A
Politics in the West
The biog

Name: Marie Byrne

Nationality: Irish

Favourite film: The Shawshank Redemption

Book: Seagull by Jonathan Livingston

Life lesson: A person is not old until regret takes the place of their dreams

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

MATCH INFO

Delhi Daredevils 174-4 (20 ovs)
Mumbai Indians 163 (19.3 ovs)

Delhi won the match by 11 runs

Results:

6.30pm: Al Maktoum Challenge Round-2 (PA) | Group 1 US$75,000 (Dirt) | 2,200 metres

Winner: Goshawke, Fernando Jara (jockey), Ali Rashid Al Raihe (trainer)

7.05pm: UAE 1000 Guineas (TB) | Listed $250,000 (D) | 1,600m

Winner: Silva, Oisin Murphy, Pia Brendt

7.40pm: Meydan Classic Trial (TB) | Conditions $100,000 (Turf) | 1,400m

Winner: Golden Jaguar, Connor Beasley, Ahmad bin Harmash

8.15pm: Al Shindagha Sprint (TB) | Group 3 $200,000 (D) | 1,200m

Winner: Drafted, Pat Dobbs, Doug Watson

8.50pm: Handicap (TB) | $175,000 (D) | 1,600m

Winner: Capezzano, Mickael Barzalona, Sandeep Jadhav

9.25pm: Handicap (TB) | $175,000 (T) | 2,000m

Winner: Oasis Charm, William Buick, Charlie Appleby

10pm: Handicap (TB) | $135,000 (T) | 1,600m

Winner: Escalator, Christopher Hayes, Charlie Fellowes

Places to go for free coffee
  • Cherish Cafe Dubai, Dubai Investment Park, are giving away free coffees all day. 
  • La Terrace, Four Points by Sheraton Bur Dubai, are serving their first 50 guests one coffee and four bite-sized cakes
  • Wild & The Moon will be giving away a free espresso with every purchase on International Coffee Day
  • Orange Wheels welcome parents are to sit, relax and enjoy goodies at ‘Café O’ along with a free coffee
Updated: February 07, 2023, 12:38 PM