Al Jazira’s Mohammed Rabie after scoring the opening goal as Caio (No.7) looks on in the Arabian Gulf League clash at Sharjah stadium on Friday, February 26, 2021. Courtesy PLC
Al Jazira’s Mohammed Rabie after scoring the opening goal as Caio (No.7) looks on in the Arabian Gulf League clash at Sharjah stadium on Friday, February 26, 2021. Courtesy PLC
Al Jazira’s Mohammed Rabie after scoring the opening goal as Caio (No.7) looks on in the Arabian Gulf League clash at Sharjah stadium on Friday, February 26, 2021. Courtesy PLC
Al Jazira’s Mohammed Rabie after scoring the opening goal as Caio (No.7) looks on in the Arabian Gulf League clash at Sharjah stadium on Friday, February 26, 2021. Courtesy PLC

Caio believes Sharjah are still in title hunt despite heavy defeat by Al Jazira


Amith Passela
  • English
  • Arabic

Brazilian midfielder Caio insisted Sharjah’s 3-0 defeat in the top-of-the-table clash against Al Jazira has not dimmed their hopes of retaining their title.

Jazira won comfortably despite being reduced to 10-men just after the hour mark in Arabian Gulf League matchweek 18 at the Sharjah stadium on Friday.

Mohammed Rabie headed a long ball from a free kick to put the visitors in front in the 14th minute. Ali Mabkhout doubled the lead before half time and rounded off with an injury time penalty to take his tally to 18 at the top of the league’s scoring chart.

The result took Jazira’s tally to 40 points, three clear of Sharjah, with Baniyas remaining in third on 36.

Caio said they had prepared for the Jazira game for a week but were unlucky on the night.

“The loss to Jazira isn’t going to end our season and our objective is still to win the league,” he added.

“There are many matches left (8) and we’ll try to win all of them and hope for some results of the other games to come in our favour.”

Caio defended Sharjah’s style of play under the Emirati manager Abdulaziz Al Anbari that has come under criticism from a section of their fans.

“Many people are commenting on Sharjah’s style of play but we have been successful in winning many games,” he said.

“When the team is winning we all win, and people start to praise, and when we lose we all lose, and people start to comment. Nobody can single out the coach for tonight’s defeat.

“The coach has done a good job before and now, and in the future too. So nobody can pass judgment on his capabilities after this defeat. Everything will be okay if we win the next two or three games.”

Jazira’s midfielder Khalfan Mubarak reacted to his team’s win by saying they were able to impose their style on the night.

“It was a pressure game with the top two teams in the league and we managed handle that pressure by imposing our style of play tonight,” he said.

“We had an exceptionally good first half and then we did well to hold Sharjah after Abdalla Ramadan received the red card for two bookable offences. We are very happy with tonight’s work and hopefully we can take the momentum forward.”

Elsewhere, Baniyas emerged 2-0 winners over Ajman to remain third while Al Nasr moved to fourth (33) with a 2-0 victory over Hatta.

Shabab Al Ahli clinched a seven-goal thriller over Khorfakkan 4-3 to jump to fifth (32) while Al Ain suffered a 2-1 defeat to Al Dhafra to drop two places to sixth (30). Al Wahda held Wasl held to a 2-2 result and Kalba outclassed Fujairah 3-0.

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

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
RESULT

Brazil 2 Croatia 0
Brazil: 
Neymar (69'), Firmino (90' 3)    

Company profile

Name: Tharb

Started: December 2016

Founder: Eisa Alsubousi

Based: Abu Dhabi

Sector: Luxury leather goods

Initial investment: Dh150,000 from personal savings

 

The Details

Kabir Singh

Produced by: Cinestaan Studios, T-Series

Directed by: Sandeep Reddy Vanga

Starring: Shahid Kapoor, Kiara Advani, Suresh Oberoi, Soham Majumdar, Arjun Pahwa

Rating: 2.5/5 

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.
Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

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.”

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000