Chelsea are reportedly holding talks to make Leicester City's Enzo Maresca their new manager.
The Italian was Pep Guardiola's assistant at champions Manchester City until last year. He has overseen an immediate return to the Premier League for the Foxes following their relegation 12 months ago.
The Chelsea hierarchy are looking for a successor to Mauricio Pochettino after they parted ways with the Argentine after just one season. Maresca's style of football is said to have impressed the Chelsea board, with Sky Sports reporting that the Blues had asked Leicester for permission to speak directly to Maresca on Monday.
The BBC reported that Leicester would be seeking £8-10 million in compensation for Maresca. It is also believed Maresca will fit in the club structure with his prior knowledge of the squad.
His stint as Guardiola’s assistant is also being seen positively, with Chelsea board members impressed with the rebuilding job Mikel Arteta, another Guardiola assistant, has done at Arsenal after leaving City.
According to the BBC, "Chelsea believe they are building an elite structure and hope that a hands-on, tactically proficient coach can get the best out of their expensively assembled squad".
Brentford's Thomas Frank and Kieran McKenna, who led Ipswich Town to top-flight promotion behind Leicester, were also linked with the vacant position.
McKenna has also been linked with Manchester United and Brighton, but reports suggested he was inclined to stay at Portman Road and sign a new deal.
Pochettino left after a late surge resulted in Chelsea finishing sixth in the Premier League, thus securing qualification for the Europa Conference League, but missed out on Champions League qualification and a trophy.
Although Pochettino led the Blues into Europe, it was a difficult season for the former Tottenham and Paris Saint-Germain boss.
Pochettino's side were booed by their fans after several underwhelming performances. Chelsea lost the League Cup final 1-0 to Liverpool after extra-time and pushed Manchester City all the way before losing in the FA Cup semi-finals by the same scoreline.
Chelsea's chairman Todd Boehly expected better after spending over £1 billion on new signings in his two-year reign.
Pochettino is the third manager after Thomas Tuchel and Graham Potter to be axed since US-based Boehly's consortium bought the west London club.
Chelsea's task of identifying a replacement for Pochettino is being overseen by co-sporting directors Paul Winstanley and Laurence Stewart.
Chelsea 2023/24 season ratings
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An eventful season for Pochettino, who had to deal with a debilitating injury crisis, a young and inexperienced squad, and a disillusioned fanbase. He hardly helped himself with a poor start to the season, but there has been considerable progress in recent months, culminating in a charge up the table to finish sixth having also made two trips to Wembley. Overall, he should be satisfied with his work, but then he got sacked as instability continues to reign at Stamford Bridge. EPA -

Recruited from Brighton last summer for £20 million but failed to convince. A knee injury sidelined the Spaniard in December, and by the time he was ready to return, he had been demoted to No 2. Curious to see if Chelsea try to offload him. EPA -

Stepped in to replace the injured Sanchez and grasped his opportunity with both hands, proving an upgrade on the Spaniard. An excellent shot-stopper, Petrovic produced several saves to add to the highlight reel. Yet, his positioning and aerial ability could be suspect at times. Only 24, he will surely improve. Getty Images -

Split his time between left-back and central defence, and it was obvious where his best position lies. Looked uncomfortable at full-back but showed glimpses of his quality centrally. A mix of good games and bad, which is no surprise in a brand-new backline. Missed the final two months with injury, and should come back stronger next season. Reuters -

It was a debut season combining the ridiculous and sublime for the French defender. One week, he looked like a prime John Terry in a man-of-the-match display against Man City, the next he's scoring an own goal from 40 yards out. Has all the tools to be a top defender, if he can find consistency in his performances. EPA -

Endured an injury-disrupted season and was miles off the pace when he first returned. But Badiashile ended the campaign strong with a run of impressive performances to help Chelsea finish with five straight wins and a place in Europe. The Frenchman has a role to play in this squad moving forward. Getty Images -

Missed most of the season with a thigh injury, but soon cemented his place in the team and was arguably Chelsea's best defender in the run-in. Solid at centre-back and reliable when required to deputise at right-back, Chalobah also emerged as a leader and could be an important player next season. If Chelsea don't sell him. AFP -

The tributes on the final day said it all. Went to Chelsea for one season and stayed for four, Thiago Silva was still class personified at the age of 39. The Brazilian did find himself out of the team for a short while but returned to end the season in style. A timeless player. Getty Images -

Gilchrist had been tipped by John Terry to be the next Academy player to break through, and he did himself justice in his debut season. Always reliable when called upon, usually in the final few minutes, and did well on his occasional starts. Will likely spend next season on loan. EPA -

A season to forget for the vice-captain. The hamstring problem returned in October before a knee injury at the end of the campaign. When he did play, he was short of sharpness; a match-fit Chilwell would have picked out that cross in the FA Cup semi-final defeat to City. Getty Images -

What a difference a year makes. Cucurella was the subject of criticism following an underwhelming debut season, but he became a key player this campaign. A reliable defender and supporter in attack on the left, it was a tactical tweak that saw the Spaniard become an inverted full-back that elevated him and Chelsea to a whole new level. PA -

Another season ruined by injury, the captain offered glimpses of what could have been for Chelsea had he been fit. That said, he was strangely indisciplined in the few games he played, getting sent off twice. James will hope the summer can bring another reset. Getty Images -

Stepped in to fill the void left by James and did so well the new manager will need to figure out how to get them both in the team next season. Linked up to great effect with Cole Palmer and Noni Madueke on the right flank and was strong defensively. Gusto, 20, has a massive future. Getty Images -

Endured a miserable debut following his £100m move from Brighton and continued to struggle to find his best form in the early months. Caicedo gradually improved to end the season superbly, culminating with his magnificent goal on the final day. The Ecuadorian was much more effective when playing alongside Conor Gallagher than Enzo Fernandez. PA -

One of many young talents recruited during the new era, the midfielder's opportunities were limited by a hamstring injury. The Frenchman will provide squad depth next season. AFP -

Expected to have a big season, but ultimately failed to find his best form consistently. Often overrun by stronger midfields and went missing on too many occasions. The Argentine was carrying an injury for most of the season so will hope surgery and rest can bring a reset over the summer. Reuters -

A mainstay in the team this season and an important player throughout both as a midfielder and captain. Delivered wherever he was deployed, being used in attack, deeper midfield and on the left wing. Chipped in with important goals and led by example with his commitment and energy. Chelsea would be crazy to sell him. Getty Images -

Injuries curtailed what could have been a breakthrough season for the young midfielder. When he did play, Chukwuemeka showed glimpses of his talent. Can make a big contribution next season if he sorts out his fitness problems. Getty Images -

Recalled from a fine loan spell at Leicester City to help ease Chelsea's injury problems, the Italian was limited to a handful of appearances off the bench, but looked bright on those occasions. Another loan spell looks likely next season. Getty Images -

Chelsea fans must wonder what might have been this season had Nkunku been fit for most of it. The Frenchman is arguably the club's best player but his worrying injury record extended into another season. Showed signs of his quality when he played and will hope next season can bring a clean slate. PA -

Perhaps the finest debut season in Premier League history. Palmer needed little time to establish himself as Chelsea's main man, and once he started scoring, he couldn't stop. Ended the season with a remarkable 42 goal involvements (27 goals, 15 assists) and provided constant quality even as Chelsea struggled for consistency. An incredible talent. PA -

A disappointing season for Sterling, who was one of few senior players in a young squad yet struggled to assert enough influence on the pitch. Scored a few important goals but not enough overall - only eight in 31 league appearances. Had an infamously bad game against Leicester in the FA Cup that led to fans cheering his substitution. Will be interesting to see if he's still part of the squad next season. PA -

The raw materials are there to be a top-level winger with his frightening pace and ability to dribble at speed, but there wasn't enough progress this season. Struggled to convince when given a run in the starting XI, and his tactical naivety showed how far he still has to go. PA -

The poster boy of Chelsea's late-season surge, Madueke was unplayable for much of the run-in and was the catalyst that sparked the turn in form with his impressive display at Aston Villa. The winger had been accused of having attitude problems but dispelled those criticisms by showing plenty of commitment in the final month. Has set himself a solid foundation for a more consistent season. PA -

An eventful debut season for Jackson. The stats are solid and 17 goals is a good return for a first year, while his running in behind and pace on the ball caused plenty of problems for opponents. Yet, he was guilty of howlers, too, and missed too many important chances that could have changed the outcome of games. Overall, though, he should be pleased with his first season. PA
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
Kareem Shaheen on Canada
While you're here
National Editorial: What 'Fight Island' means for Abu Dhabi and the world
National Editorial: The UAE looks to cycling for exercise and for the planet
Gareth Cox: Sporting week in pictures, as Covid-19 makes its presence felt
ENGLAND SQUAD
Joe Root (captain), Dom Sibley, Rory Burns, Dan Lawrence, Ben Stokes, Ollie Pope, Ben Foakes (wicketkeeper), Moeen Ali, Olly Stone, Chris Woakes, Jack Leach, Stuart Broad
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
Company%C2%A0profile
While you're here
SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
SECRET%20INVASION
A%20QUIET%20PLACE
If you go
The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at.
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
Available at Magrudy’s , Dh104
Stats at a glance:
Cost: 1.05 billion pounds (Dh 4.8 billion)
Number in service: 6
Complement 191 (space for up to 285)
Top speed: over 32 knots
Range: Over 7,000 nautical miles
Length 152.4 m
Displacement: 8,700 tonnes
Beam: 21.2 m
Draught: 7.4 m
RESULTS
Welterweight
Tohir Zhuraev (TJK) beat Mostafa Radi (PAL)
(Unanimous points decision)
Catchweight 75kg
Anas Siraj Mounir (MAR) beat Leandro Martins (BRA)
(Second round knockout)
Flyweight (female)
Manon Fiorot (FRA) beat Corinne Laframboise (CAN)
(RSC in third round)
Featherweight
Bogdan Kirilenko (UZB) beat Ahmed Al Darmaki
(Disqualification)
Lightweight
Izzedine Al Derabani (JOR) beat Rey Nacionales (PHI)
(Unanimous points)
Featherweight
Yousef Al Housani (UAE) beat Mohamed Fargan (IND)
(TKO first round)
Catchweight 69kg
Jung Han-gook (KOR) beat Max Lima (BRA)
(First round submission by foot-lock)
Catchweight 71kg
Usman Nurmogamedov (RUS) beat Jerry Kvarnstrom (FIN)
(TKO round 1).
Featherweight title (5 rounds)
Lee Do-gyeom (KOR) v Alexandru Chitoran (ROU)
(TKO round 1).
Lightweight title (5 rounds)
Bruno Machado (BRA) beat Mike Santiago (USA)
(RSC round 2).
Crime%20Wave
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
While you're here
If you go
The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.
The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.
While you're here
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THE BIO
Ms Davison came to Dubai from Kerala after her marriage in 1996 when she was 21-years-old
Since 2001, Ms Davison has worked at many affordable schools such as Our Own English High School in Sharjah, and The Apple International School and Amled School in Dubai
Favourite Book: The Alchemist
Favourite quote: Failing to prepare is preparing to fail
Favourite place to Travel to: Vienna
Favourite cuisine: Italian food
Favourite Movie : Scent of a Woman
Whiile you're here
Damien McElroy: Anti-science attitudes in America are proving lethal
Editorial: What makes the UAE such a good place to test vaccines?
Editorial: The fight against Covid-19 should be guided by science
COMPANY%20PROFILE
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.”
COMPANY PROFILE
Company name: SimpliFi
Started: August 2021
Founder: Ali Sattar
Based: UAE
Industry: Finance, technology
Investors: 4DX, Rally Cap, Raed, Global Founders, Sukna and individuals
Company profile
Name: Tratok Portal
Founded: 2017
Based: UAE
Sector: Travel & tourism
Size: 36 employees
Funding: Privately funded

