Goncalo Ramos last season scored 27 goals for Benfica in their title-winning campaign. AFP
Goncalo Ramos last season scored 27 goals for Benfica in their title-winning campaign. AFP
Goncalo Ramos last season scored 27 goals for Benfica in their title-winning campaign. AFP
Goncalo Ramos last season scored 27 goals for Benfica in their title-winning campaign. AFP

PSG on brink of signing Ramos and Man City target Mitoma as Mahrez replacement


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The summer transfer window enters its final month with still plenty of signings to be made.

Here we bring you the best transfer gossip and the likelihood of those transfer stories materialising

French champions Paris Saint-Germain have agreed a fee with Benfica for striker Goncalo Ramos, according to The Athletic. The 22-year-old Portugal international will join PSG on loan initially for one year, at which point the Ligue 1 giants will then have an option to buy for €65 million, plus add-ons. Personal terms are yet to be agreed, but Ramos – who scored 27 goals as Benfica lifted their 38th league title, plus a hat-trick for Portugal at the World Cup in Qatar – is keen on the move. Ramos will be PSG’s ninth signing so far this summer.

After agreeing a fee of €32m for the signature of West Ham United striker Gianluca Scamacca, Atalanta have also agreed an initial loan fee of €3m with AC Milan for Belgian midfielder Charles de Ketelaere, reports journalist Rudy Galetti. The Italians will then have an option to buy for €23m plus further add-ons depending on where Atalanta finish in the Serie A table. De Ketelaere is keen to prove himself in Serie A after a disappointing season at the San Siro, which is why he’s opting for Atalanta over other interested parties including Real Sociedad and Wolfsburg.

Manchester City are looking to replace Riyad Mahrez with Brighton and Hove Albion winger Kaoru Mitoma, according to The Sun. City were boosted by the arrival of centre-back Josko Gvardiol from RB Leipzig on Saturday but lost to Arsenal in the Community Shield on Sunday, and manager Pep Guardiola wants more options in attacking wide areas. Japan international Mitoma has two years left on his existing deal but has so far stalled in signing a new five-year deal on the south coast. City, and others, are monitoring his situation.

Kaoru Mitoma was one of the Premier League's standout players last season as Brighton and Hove Albion qualified for the Europa League. EPA
Kaoru Mitoma was one of the Premier League's standout players last season as Brighton and Hove Albion qualified for the Europa League. EPA

Manchester United are still expecting to make more signings before the start of the Premier League next weekend, but first some outgoings, and the club are expecting both Fred and Donny van de Beek to leave, according to Fabrizio Romano. Galatasaray, Fulham and clubs from the Saudi Pro League are said to be interested in 30-year-old Fred, while United look set to continue talks with Real Sociedad over the future of Van de Beek. Sociedad’s need for a new playmaker has become more acute following David Silva’s retirement.

West Ham United are preparing to return with a bigger bid to get a deal for Mexican midfielder Edson Alvarez over the line. That’s according to Sky Sports Germany’s Florian Plettenburg, who believes Ajax have responded with a counter offer believed to be around £33m-£34m. A verbal agreement is in place between the player and the Hammers, with a five-year deal is on the table for the 25-year-old.

Not content with signing backup goalkeeper Arnau Tenas and – though yet to be confirmed – forward Ousmane Dembele from Barcelona, Paris Saint-Germain are now also after forward Ansu Fati, according to AS. PSG manager – and former Barcelona head coach – Luis Enrique wants to add Fati to his squad having worked with the 20-year-old Spain international at Camp Nou, and Fati’s future at Barca seems unclear. Moreover, the Blaugrana need to alleviate their financial worries with more player sales.

Arsenal have been busy strengthening their squad ahead of the new season, but they could be in line to let one or two players leave ahead of the new season, including Jorginho to Fenerbahce, according to Turkish outlet TRT. Jorginho is unsettled in north London following his move from Chelsea, and is reportedly keen to find a new club despite only moving to the Emirates in January. Gunners manager Mikel Arteta still sees a future for the Italian in north London, but could be forced to consider letting him leave.

All the major deals completed in 2023/24 summer window

  • COMPLETED TRANSFERS: Jude Bellingham: Borussia Dortmund to Real Madrid (£88 million). Getty
    COMPLETED TRANSFERS: Jude Bellingham: Borussia Dortmund to Real Madrid (£88 million). Getty
  • Mason Mount: Chelsea to Manchester United (£55m). Getty
    Mason Mount: Chelsea to Manchester United (£55m). Getty
  • Romeo Lavia: Southampton to Chelsea (£53m). PA
    Romeo Lavia: Southampton to Chelsea (£53m). PA
  • Jeremy Doku: Rennes to Manchester City (£51.5m). Reuters
    Jeremy Doku: Rennes to Manchester City (£51.5m). Reuters
  • Manuel Ugarte: Sporting Lisbon to Paris Saint-Germain (£51m). Getty
    Manuel Ugarte: Sporting Lisbon to Paris Saint-Germain (£51m). Getty
  • Declan Rice: West Ham to Arsenal (£105m). Getty
    Declan Rice: West Ham to Arsenal (£105m). Getty
  • Moises Caicedo: Brighton to Chelsea (£115m). Getty
    Moises Caicedo: Brighton to Chelsea (£115m). Getty
  • Harry Kane: Tottenham Hotspur to Bayern Munich (£86m). Reuters
    Harry Kane: Tottenham Hotspur to Bayern Munich (£86m). Reuters
  • Josko Gvardiol: RB Leipzig to Manchester City (£77m). Getty
    Josko Gvardiol: RB Leipzig to Manchester City (£77m). Getty
  • Neymar: Paris Saint-Germain to Al Hilal (£77m). Getty
    Neymar: Paris Saint-Germain to Al Hilal (£77m). Getty
  • Rasmus Hojlund: Atalanta to Manchester United (£64m). Reuters
    Rasmus Hojlund: Atalanta to Manchester United (£64m). Reuters
  • Dominik Szoboszlai: RB Leipzig to Liverpool (£60m). Getty
    Dominik Szoboszlai: RB Leipzig to Liverpool (£60m). Getty
  • Youri Tielemans: Leicester City to Aston Villa (free transfer). Getty
    Youri Tielemans: Leicester City to Aston Villa (free transfer). Getty
  • Sandro Tonali: AC Milan to Newcastle United (£60m). PA
    Sandro Tonali: AC Milan to Newcastle United (£60m). PA
  • Ruben Loftus-Cheek: Chelsea to AC Milan (£14m). Reuters
    Ruben Loftus-Cheek: Chelsea to AC Milan (£14m). Reuters
  • Nicolas Jackson: Villarreal to Chelsea (£32m). Reuters
    Nicolas Jackson: Villarreal to Chelsea (£32m). Reuters
  • Guglielmo Vicario: Empoli to Tottenham (£17m). Getty
    Guglielmo Vicario: Empoli to Tottenham (£17m). Getty
  • Marcus Thuram: Borussia Moenchengladbach to Inter Milan (free transfer). AFP
    Marcus Thuram: Borussia Moenchengladbach to Inter Milan (free transfer). AFP
  • Jota: Celtic to Al Ittihad (£25m). PA
    Jota: Celtic to Al Ittihad (£25m). PA
  • Kai Havertz: Chelsea to Arsenal (£65m). Reuters
    Kai Havertz: Chelsea to Arsenal (£65m). Reuters
  • James Maddison: Leicester City to Tottenham (£40m). PA
    James Maddison: Leicester City to Tottenham (£40m). PA
  • Edouard Mendy: Chelsea to Al Hilal (£17m). Getty
    Edouard Mendy: Chelsea to Al Hilal (£17m). Getty
  • Mateo Kovacic: Chelsea to Manchester City (£25m). EPA
    Mateo Kovacic: Chelsea to Manchester City (£25m). EPA
  • Justin Kluivert: Roma to Bournemouth (£9.6m). Reuteers
    Justin Kluivert: Roma to Bournemouth (£9.6m). Reuteers
  • Ruben Neves: Wolverhampton Wanderers to Al Hilal (£47m). Getty
    Ruben Neves: Wolverhampton Wanderers to Al Hilal (£47m). Getty
  • N'Golo Kante: Chelsea to Al Ittihad (free transfer). AFP
    N'Golo Kante: Chelsea to Al Ittihad (free transfer). AFP
  • Kalidou Koulibaly: Chelsea to Al Hilal (£17m). AFP
    Kalidou Koulibaly: Chelsea to Al Hilal (£17m). AFP
  • Christopher Nkunku: RB Leipzig to Chelsea (£52m). AFP
    Christopher Nkunku: RB Leipzig to Chelsea (£52m). AFP
  • Alexis Mac Allister: Brighton & Hove Albion to Liverpool (£35m). Getty
    Alexis Mac Allister: Brighton & Hove Albion to Liverpool (£35m). Getty
  • Ilkay Gundogan: Manchester City to Barcelona (free transfer). AFP
    Ilkay Gundogan: Manchester City to Barcelona (free transfer). AFP
  • Joselu: Espanyol to Real Madrid (loan). Getty
    Joselu: Espanyol to Real Madrid (loan). Getty
  • Karim Benzema: Real Madrid to Al Ittiahd (free transfer). AFP
    Karim Benzema: Real Madrid to Al Ittiahd (free transfer). AFP
  • James Milner: Liverpool to Brighton (free transfer). AFP
    James Milner: Liverpool to Brighton (free transfer). AFP
  • Edin Dzeko: Inter Milan to Fenerbahce (free transfer). AP
    Edin Dzeko: Inter Milan to Fenerbahce (free transfer). AP
  • Joao Pedro: Watford to Brighton (£30m). Getty
    Joao Pedro: Watford to Brighton (£30m). Getty
  • Orkun Kokcu: Feyenoord to Benfica (£22m). AP
    Orkun Kokcu: Feyenoord to Benfica (£22m). AP
  • Kevin Schade: Freiburg to Brentford (£20m). PA
    Kevin Schade: Freiburg to Brentford (£20m). PA
  • Fran Garcia: Rayo Vallecano to Real Madrid (€5m). EPA
    Fran Garcia: Rayo Vallecano to Real Madrid (€5m). EPA
  • Evan Ndicka: Eintracht Frankfurt to AS Roma (free transfer). Reuters
    Evan Ndicka: Eintracht Frankfurt to AS Roma (free transfer). Reuters
  • Konrad Laimer: RB Leipzig to Bayern Munich (free transfer). Getty
    Konrad Laimer: RB Leipzig to Bayern Munich (free transfer). Getty
  • Teemu Pukki: Norwich City to Minnesota United (free transfer). PA
    Teemu Pukki: Norwich City to Minnesota United (free transfer). PA
  • Raphael Guerreiro: Borussia Dortmund to Bayern Munich (free transfer). Getty
    Raphael Guerreiro: Borussia Dortmund to Bayern Munich (free transfer). Getty
  • Alejandro Grimaldo: Benfica to Bayer Leverkusen (free transfer). EPA
    Alejandro Grimaldo: Benfica to Bayer Leverkusen (free transfer). EPA
  • Benjamin Sesko: Red Bull Salzburg to RB Leipzig (£20 million). Reuters
    Benjamin Sesko: Red Bull Salzburg to RB Leipzig (£20 million). Reuters
  • Ramy Bensebaini: Borussia Moenchengladbach to Borussia Dortmund (free transfer). AP
    Ramy Bensebaini: Borussia Moenchengladbach to Borussia Dortmund (free transfer). AP
  • Naby Keita: Liverpool to Werder Bremen (free transfer). AP
    Naby Keita: Liverpool to Werder Bremen (free transfer). AP
  • Mahmoud Dahoud: Borussia Dortmund to Brighton (free transfer). AP
    Mahmoud Dahoud: Borussia Dortmund to Brighton (free transfer). AP
  • Houssem Aouar: Lyon to Roma (free transfer). AP
    Houssem Aouar: Lyon to Roma (free transfer). AP
  • Jefferson Lerma: Bournemouth to Crystal Palace (free transfer). Getty
    Jefferson Lerma: Bournemouth to Crystal Palace (free transfer). Getty
  • Malcom: Zenit St Petersburg to Al Hilal (£51.5m). AFP
    Malcom: Zenit St Petersburg to Al Hilal (£51.5m). AFP
  • Otavio: Porto to Al Nassr (£51.5m). Getty
    Otavio: Porto to Al Nassr (£51.5m). Getty
  • Kim Min-Jae: Napoli to Bayern Munich (£43m). Reuters
    Kim Min-Jae: Napoli to Bayern Munich (£43m). Reuters
  • Ousmane Dembele: Barcelona to Paris Saint-Germain (£43m). AFP
    Ousmane Dembele: Barcelona to Paris Saint-Germain (£43m). AFP
  • Moussa Diaby: Bayer Leverkusen to Aston Villa (£47m). Getty
    Moussa Diaby: Bayer Leverkusen to Aston Villa (£47m). Getty
  • Aleksandar Mitrovic: Fulham to Al Hilal (£45m). AFP
    Aleksandar Mitrovic: Fulham to Al Hilal (£45m). AFP
  • Andre Onana: Inter Milan to Manchester United (£45m). Getty
    Andre Onana: Inter Milan to Manchester United (£45m). Getty
  • Matheus Cunha: Atletico Madrid to Wolverhampton Wanderers (£43m). Getty
    Matheus Cunha: Atletico Madrid to Wolverhampton Wanderers (£43m). Getty
  • Sergej Milinkovic-Savic: Lazio to Al Hilal (£34.3m). Getty
    Sergej Milinkovic-Savic: Lazio to Al Hilal (£34.3m). Getty
  • Milan Skriniar: Inter Milan to Paris Saint-Germain (free transfer). AFP
    Milan Skriniar: Inter Milan to Paris Saint-Germain (free transfer). AFP
  • Goncalo Ramos: Benfica to Paris Saint-Germain (loan ahead of £52m permanent transfer). AFP
    Goncalo Ramos: Benfica to Paris Saint-Germain (loan ahead of £52m permanent transfer). AFP
  • Fabinho: Liverpool to Al Ittihad (£40m). Getty
    Fabinho: Liverpool to Al Ittihad (£40m). Getty
  • Lucas Hernandez: AC Milan to Paris Saint-Germain (£39m). EPA
    Lucas Hernandez: AC Milan to Paris Saint-Germain (£39m). EPA
  • Axel Disasi: Monaco to Chelsea (£39m). EPA
    Axel Disasi: Monaco to Chelsea (£39m). EPA
  • Pau Torres: Villarreal to Aston Villa (£28m). Reuters
    Pau Torres: Villarreal to Aston Villa (£28m). Reuters
  • Harvey Barnes: Leicester City to Newcastle United (£38m). Getty
    Harvey Barnes: Leicester City to Newcastle United (£38m). Getty
  • Mohammed Kudus: Ajax to West Ham (£37m). AFP
    Mohammed Kudus: Ajax to West Ham (£37m). AFP
  • Jurrien Timber: Ajax to Arsenal (£34m). Getty
    Jurrien Timber: Ajax to Arsenal (£34m). Getty
  • Micky van de Ven: Wolfsburg to Tottenham (£35m). AFP
    Micky van de Ven: Wolfsburg to Tottenham (£35m). AFP
  • Gabri Veiga: Celta Vigo to Al Ahli (£34m). EPA
    Gabri Veiga: Celta Vigo to Al Ahli (£34m). EPA
  • Xavi Simons: PSV Eindhoven to Paris Saint-Germain (£3.5m, spending season on loan at RB Leipzig). Getty
    Xavi Simons: PSV Eindhoven to Paris Saint-Germain (£3.5m, spending season on loan at RB Leipzig). Getty
  • Lois Openda: Lens to RB Leipzig (£33m). AFP
    Lois Openda: Lens to RB Leipzig (£33m). AFP
  • Edson Alvarez: Ajax to West Ham (£32.5m). Getty
    Edson Alvarez: Ajax to West Ham (£32.5m). Getty
  • James Ward-Prowse: Southampton to West Ham (£30m). Getty
    James Ward-Prowse: Southampton to West Ham (£30m). Getty
  • Tino Livramento: Southampton to Newcastle (£40m). Getty
    Tino Livramento: Southampton to Newcastle (£40m). Getty
  • Elye Wahi: Montpellier to Lens (£26m). AFP
    Elye Wahi: Montpellier to Lens (£26m). AFP
  • Lionel Messi: Paris Saint-Germain to Inter Miami (free transfer). AFP
    Lionel Messi: Paris Saint-Germain to Inter Miami (free transfer). AFP
  • Joao Pedro: Watford to Brighton (£30m). Getty
    Joao Pedro: Watford to Brighton (£30m). Getty
  • Allan Saint-Maximin: Newcastle to Al Ahli (£24m). Getty
    Allan Saint-Maximin: Newcastle to Al Ahli (£24m). Getty
  • Seko Fofana: Lens to Al Nassr (£21.5m). Getty
    Seko Fofana: Lens to Al Nassr (£21.5m). Getty
  • Felix Nmecha: Wolfsburg to Borussia Dortmund (£25m). AFP
    Felix Nmecha: Wolfsburg to Borussia Dortmund (£25m). AFP
  • Roger Ibanez: Roma to Al Ahli (£25m). Getty
    Roger Ibanez: Roma to Al Ahli (£25m). Getty
  • Sadio Mane: Bayern Munich to Al Nassr (£25m). AFP
    Sadio Mane: Bayern Munich to Al Nassr (£25m). AFP
  • Castello Lukeba: Lyon to RB Leipzig (£25m). AFP
    Castello Lukeba: Lyon to RB Leipzig (£25m). AFP
  • David Raya: Brentford to Arsenal (loan with £27m option to buy). Getty
    David Raya: Brentford to Arsenal (loan with £27m option to buy). Getty
  • Hugo Ekitike: Reims to Paris Saint-Germain (£24.5m). AFP
    Hugo Ekitike: Reims to Paris Saint-Germain (£24.5m). AFP
  • El Bilal Toure: Almeria to Atalanta (£24m). AFP
    El Bilal Toure: Almeria to Atalanta (£24m). AFP
  • Aymeric Laporte: Manchester City to Al Nassr (£23.5m). Reuters
    Aymeric Laporte: Manchester City to Al Nassr (£23.5m). Reuters
  • Lesley Ugochukwu: Rennes to Chelsea (£23m). Getty
    Lesley Ugochukwu: Rennes to Chelsea (£23m). Getty
  • Daichi Kamada: Eintracht Frankfurt to Lazio (free transfer). Getty
    Daichi Kamada: Eintracht Frankfurt to Lazio (free transfer). Getty
  • Tyler Adams: Leeds United to Bournemouth (£23m). AP
    Tyler Adams: Leeds United to Bournemouth (£23m). AP
  • Nathan Collins: Wolves to Brentford (£23m). Reuters
    Nathan Collins: Wolves to Brentford (£23m). Reuters
  • Hamed Junior Traore: Sassuolo to Bournemouth (£22m). Reuters
    Hamed Junior Traore: Sassuolo to Bournemouth (£22m). Reuters
  • Loro Majer: Rennes to Wolfsburg (£21m). Getty
    Loro Majer: Rennes to Wolfsburg (£21m). Getty
  • Gianluca Scamacca: West Ham to Atalanta (£21m). Getty
    Gianluca Scamacca: West Ham to Atalanta (£21m). Getty
  • Christian Pulisic: Chelsea to AC Milan (£17m). EPA
    Christian Pulisic: Chelsea to AC Milan (£17m). EPA
  • Samuel Chukwueze: Villarreal to AC Milan (£17m). Getty
    Samuel Chukwueze: Villarreal to AC Milan (£17m). Getty
  • Marcelo Brozovic: Inter Milan to Al Nassr (£15m). AFP
    Marcelo Brozovic: Inter Milan to Al Nassr (£15m). AFP
  • Franck Kessie: Barcelona to Al Ahli (£10m). Getty
    Franck Kessie: Barcelona to Al Ahli (£10m). Getty
  • Boulaye Dia : Villarreal to Salernitana (£10m). Getty
    Boulaye Dia : Villarreal to Salernitana (£10m). Getty
  • Tete: Shakhtar to Galatasaray (free transfer). AP
    Tete: Shakhtar to Galatasaray (free transfer). AP
  • Marco Asensio: Real Madrid to Paris Saint-Germain (free transfer). AFP
    Marco Asensio: Real Madrid to Paris Saint-Germain (free transfer). AFP
  • Robert Sanchez: Brighton to Chelsea (£20m). EPA
    Robert Sanchez: Brighton to Chelsea (£20m). EPA
  • Alex Scott: Bristol City to Bournemouth (£20m). PA
    Alex Scott: Bristol City to Bournemouth (£20m). PA
  • Calvin Bassey: Ajax to Fulham (£19m). Getty
    Calvin Bassey: Ajax to Fulham (£19m). Getty
  • Lee Kang-in: Mallorca to Paris Saint-Germain (£18.5m). AFP
    Lee Kang-in: Mallorca to Paris Saint-Germain (£18.5m). AFP
  • Anatoliy Trubin: Shakhtar to Benfica (£8.5m). AFP
    Anatoliy Trubin: Shakhtar to Benfica (£8.5m). AFP
  • Djibril Sow: Eintract Frankfurt to Sevilla (£8.5m). AFP
    Djibril Sow: Eintract Frankfurt to Sevilla (£8.5m). AFP
  • Wilfried Zaha: Crystal Palace to Galatasaray (free transfer). Getty
    Wilfried Zaha: Crystal Palace to Galatasaray (free transfer). Getty
  • Cameron Archer: Aston Villa to Sheffield United (£18.5m). Getty
    Cameron Archer: Aston Villa to Sheffield United (£18.5m). Getty
  • Yassine Bounou: Sevilla to Al Hilal (£18m). AP
    Yassine Bounou: Sevilla to Al Hilal (£18m). AP
  • Victor Boniface: Uniion Berlin to Bayer Leverkusen (£17.5m). Getty
    Victor Boniface: Uniion Berlin to Bayer Leverkusen (£17.5m). Getty
  • Josip Sutalo: Dinamo Zagreb to Ajax (£17.5m). AFP
    Josip Sutalo: Dinamo Zagreb to Ajax (£17.5m). AFP
  • Riyad Mahrez: Manchester City to Al Ahli (£30m). Getty
    Riyad Mahrez: Manchester City to Al Ahli (£30m). Getty
  • Wataru Endo: Stuttgart to Liverpool (17m). AFP
    Wataru Endo: Stuttgart to Liverpool (17m). AFP
  • Yunus Musah: Valencia to AC Milan (£17m). PA
    Yunus Musah: Valencia to AC Milan (£17m). PA
  • Merih Demiral: Atalanta to Al Ahli (£17m). Getty
    Merih Demiral: Atalanta to Al Ahli (£17m). Getty
  • Marcel Sabitzer: Bayern Munich to Borussia Dortmund (£16m). Getty
    Marcel Sabitzer: Bayern Munich to Borussia Dortmund (£16m). Getty
  • Granit Xhaka: Arsenal to Bayer Leverkusen (£13m). Getty
    Granit Xhaka: Arsenal to Bayer Leverkusen (£13m). Getty
  • Ilkay Gundogan: Manchester City to Barcelona. AFP
    Ilkay Gundogan: Manchester City to Barcelona. AFP
  • Manor Solomon: Shakhtar to Tottenham (free transfer). AFP
    Manor Solomon: Shakhtar to Tottenham (free transfer). AFP
  • Roberto Firmino: Liverpool to Al Ahli (free transfer). Getty
    Roberto Firmino: Liverpool to Al Ahli (free transfer). Getty
  • Jordan Henderson: Liverpool to Al Ettifaq (£12m). Getty
    Jordan Henderson: Liverpool to Al Ettifaq (£12m). Getty
  • Sergio Busquets: Barcelona to Inter Miami (free transfer). Getty
    Sergio Busquets: Barcelona to Inter Miami (free transfer). Getty
How to increase your savings
  • Have a plan for your savings.
  • Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
  • Decide on a financial goal that is important to you and put your savings to work for you.
  • It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings. 

- Carol Glynn, founder of Conscious Finance Coaching

 

 

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

While you're here
65
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COMPANY%20PROFILE%20
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Hunger and Fury: The Crisis of Democracy in the Balkans
Jasmin Mujanović, Hurst Publishers

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes

MATCH INFO

Manchester City 1 (Gundogan 56')

Shakhtar Donetsk 1 (Solomon 69')

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The currency conundrum

Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”

Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.

This is a race to the bottom, and everybody wants to be a winner.

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Updated: August 07, 2023, 5:27 AM