A wonder strike from Khalid Al Dhanhani plus goals Harib Abdallah and Ali Saleh gave the UAE a thrilling win over Qatar in World Cup qualifying in Doha.
It was the most perfect start imaginable to the latest phase of Asian qualifying, in the first match of a six-team group which carries with it two places at the main event in North America in two years time.
The national team initially fell behind to the reigning champions of Asia, but they hit back in sensational fashion in the last half-hour to run out deserving winners.
UAE players and staff alike had said before the game that they were focused solely on this match and not what had gone before.
But it is difficult to believe the players who had featured in 5-0 and 4-0 losses against the same opposition would not have approached the fixture with some trepidation. So many of their past tormentors are still present. Akram Afif, for one, loomed large in more ways than one.
As the Qatar playmaker met Khalid Essa at the toss, he towered over the UAE captain-goalkeeper, thanks largely to his unmissable frizzy mop of hair.
At exactly the same moment, behind him in the stands, the home fans celebrated their captain in striking visual form. He and Almoez Ali, the prolific striker, were portrayed in the tifo, above a sign saying: “We’re ready.”
The din made by the home fans was impressive, given the 45,000-seater Ahmad Bin Ali Stadium, is a big space to fill.
The turnout of 33,952 was noisy and intimidating, but the UAE settled well, even if they did cede the majority of possession to the hosts.
In particular, Kouame Autonne initially took to international football as if he belonged. The 23-year-old defender was making his debut, and brought all the assuredness that marked out his excellence in Al Ain’s run to the Asian Champions League title last season.
His job was a tough one, going up against Almoez, but he was composed in doing so, and even had a good header chance of his own early in the piece. Autonne's task was made a little more onerous on 25 minutes, when he was booked for a high boot.
Shortly after, the UAE were extremely fortunate not to be behind when Jassem Gaber somehow managed to head over when perfectly positioned, unmarked in the UAE six-yard box.
After all the talk about the bright new era for UAE football, the opening goal in Doha came from the boot belonging to the player with the freshest face on either side.
Unfortunately for the national team, it was the right boot of Ibrahim Mohammed, the 18-year-old rookie who is starting out his career for Qatar. His calm finish from just inside the UAE box as halftime approached was well merited by the hosts. They had 73 of possession in the first half.
As Aziz, Almoez and Mohammed made neat patterns in attack, it felt for long periods as if the away side were clinging on.
But the UAE stuck to their task and, as the hour mark ticked by, they began to assert themselves more going forward, too.
Their confidence was raised as they found more gaps in the Qatari backline, and Tahnoon Al Zaabi went close as he fired a shot just past the right top corner.
Not long after, they were level. Yahia Nader, the midfield schemer through whom all UAE’s best work passed, had a shooting opportunity on the edge of the box.
He made to let one fly, but instead slipped a neat ball through to Abdullah. There was much work still for the young Shabab Al Ahli forward to do, but he cooly dropped the shoulder to send two defenders the wrong way, and bent a left-footed shot into the opposite corner.
It marked a decisive momentum swing towards the visitors and they did not let up.
With belief now coursing through them, Al Dhanhani felt emboldened to try his luck. Taking possession of the ball inside his own half, the right back marauded up field, found himself in the centre forward channel, and let fly with a left foot drive into the top corner.
Now with the advantage, the UAE’s delight seemed set to vanish when Qatar were awarded a penalty five minutes from time.
They were spared, though, when referee Shaun Evans reversed his decision to award a penalty to Qatar after Nader had accidentally made contact with the ball with his elbow when sliding to make a tackle in the box.
With their own chance of getting back into the game snatched away from them, Qatar wilted, and the game was sent beyond them when substitute Saleh pounced to fire the third into the roof of the net.
Frankenstein in Baghdad
Ahmed Saadawi
Penguin Press
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.
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Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics
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
MATCH INFO
Champions League quarter-final, first leg
Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)
Matches can be watched on BeIN Sports
Villains
Queens of the Stone Age
Matador
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.”
Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
The bio
Who inspires you?
I am in awe of the remarkable women in the Arab region, both big and small, pushing boundaries and becoming role models for generations. Emily Nasrallah was a writer, journalist, teacher and women’s rights activist
How do you relax?
Yoga relaxes me and helps me relieve tension, especially now when we’re practically chained to laptops and desks. I enjoy learning more about music and the history of famous music bands and genres.
What is favourite book?
The Perks of Being a Wallflower - I think I've read it more than 7 times
What is your favourite Arabic film?
Hala2 Lawen (Translation: Where Do We Go Now?) by Nadine Labaki
What is favourite English film?
Mamma Mia
Best piece of advice to someone looking for a career at Google?
If you’re interested in a career at Google, deep dive into the different career paths and pinpoint the space you want to join. When you know your space, you’re likely to identify the skills you need to develop.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Women%E2%80%99s%20T20%20World%20Cup%20Qualifier
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Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
MATCH INFO
Fixture: Thailand v UAE, Tuesday, 4pm (UAE)
TV: Abu Dhabi Sports