Cristiano Ronaldo was back to his best as he scored twice to help Portugal secure a Nations League quarter-final berth following a 5-1 thrashing of Poland on Friday.
Rafael Leao broke the deadlock just before the hour with a header before Ronaldo doubled the lead from the spot in the 72nd minute with a confident strike down the middle of the goal.
The hosts then scored three goals in eight minutes through Bruno Fernandes, Pedro Neto and Ronaldo's clever strike before Dominik Marczuk got a consolation for Poland in the 88th.
"The first half was very bad for what we wanted to do, we lost focus and got frustrated. But the second half was the best I've seen," said Portugal coach Roberto Martinez.
"We've changed the mentality and increased the intensity and mutual support. We didn't let Poland play."
Poland were the better side early on but failed to take their chances in Porto and the home side made them pay, netting four times in the last 20 minutes.
"We couldn't impose ourselves on the game in the first half," said Portugal goalscorer Leao.
"(Coach) Roberto Martínez's approach in the locker room was important; it was the key to changing the pressure at half-time."
Ronaldo volleyed over from close range shortly before the interval, as Portugal failed to register a shot on target in the first half.
Marczuk almost broke the deadlock in the 58th minute, but Portugal goalkeeper Diogo Costa produced a brilliant fingertip save to deny him.
The hosts broke from the resulting corner to score less than 60 seconds later, as Leao powered forward before finding Nuno Mendes, then continuing his run to meet the PSG full-back's cross with a powerful header.
Portugal were awarded a penalty when Diogo Dalot's strike flicked off Jakub Kiwior's hand at point-blank range and was saved by Marcin Bulka.
Ronaldo stepped up to dink home a 'Panenka' spot-kick.
That goal ended any hopes Poland had of staging a comeback and Fernandes added a third for Portugal with 10 minutes left, crashing the ball in off the crossbar from just outside the box.
Neto also got on the scoresheet, collecting Ronaldo's pass and rifling past Bulka at his near post.
There was still time for Ronaldo to double his tally and move onto 135 international goals, acrobatically volleying home Vitinha's cross from close range in the 87th minute.
Portugal remained unbeaten to top the group with 13 points, six ahead of Croatia, who lost 1-0 away to a Scotland side who are still bottom but now level on four points with third-placed Poland.
Poland host Scotland on the final matchday on Monday while Portugal travel to Croatia.
Scotland and Spain shine
In the other match in the group, Scotland gave their hopes of avoiding the drop a massive boost as John McGinn scored a late winner in a 1-0 victory over 10-man Croatia.
Petar Sucic was sent off in the first half, but Croatia almost hung on for the point they needed to qualify with Portugal, only for McGinn to strike in the 86th minute.
European champions Spain stayed unbeaten in Group A4 with a 2-1 win over Denmark in Copenhagen.
Luis de la Fuente's visitors started strongly and went close to a 13th-minute opener when Ayoze Perez rattled the crossbar.
Spain took an early lead after Denmark carelessly gave the ball away on the edge of their own box.
Perez played in Mikel Oyarzabal who took an excellent first touch and slipped the ball past goalkeeper Kasper Schmeichel and in at the near post.
Villarreal forward Perez doubled Spain's advantage with a low, left-footed finish into the bottom corner after being picked out by Dani Olmo.
Gustav Isaksen pulled one back for Denmark late on, pouncing on a terrible mix-up between Fabian Ruiz and 'keeper David Raya.
"A very, very happy night for me (with a goal and an assist), but the most important thing is going through top of the group," Perez said.
The other game in Group A4 saw Switzerland relegated by Aleksa Terzic's late equaliser in a 1-1 draw with Serbia.
Meanwhile, the match between Romania and Kosovo in Bucharest was abandoned in stoppage time after the visiting players walked off the field when they heard pro-Serbia chanting from the home fans.
With the match heading for a goalless draw, the Kosovars headed for the dressing room in the 93rd minute after home fans chanted, "Serbia! Serbia!" during a heated exchange between Kosovo captain Amir Rrahmani and Romanian striker Denis Alibec.
The match was initially suspended before being abandoned when the Kosovo team refused to return to the pitch. Uefa said it would communicate "further information in due course".
Killing of Qassem Suleimani
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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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
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
EA Sports FC 24
MATCH INFO
Barcelona v Real Madrid, 11pm UAE
Match is on BeIN Sports
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.
Four-day collections of TOH
Day Indian Rs (Dh)
Thursday 500.75 million (25.23m)
Friday 280.25m (14.12m)
Saturday 220.75m (11.21m)
Sunday 170.25m (8.58m)
Total 1.19bn (59.15m)
(Figures in millions, approximate)
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COMPANY%20PROFILE
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THE SPECS
2020 Toyota Corolla Hybrid LE
Engine: 1.8 litre combined with 16-volt electric motors
Transmission: Automatic with manual shifting mode
Power: 121hp
Torque: 142Nm
Price: Dh95,900
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.”
THE SPECS
Jaguar F-Pace SVR
Engine: 5-litre supercharged V8
Transmission: 8-speed automatic
Power: 542bhp
Torque: 680Nm
Price: Dh465,071
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The biog
Name: Shamsa Hassan Safar
Nationality: Emirati
Education: Degree in emergency medical services at Higher Colleges of Technology
Favourite book: Between two hearts- Arabic novels
Favourite music: Mohammed Abdu and modern Arabic songs
Favourite way to spend time off: Family visits and spending time with friends