Diego Forlan writes a weekly column for The National, appearing each Friday. The former Manchester United, Inter Milan and Atletico Madrid striker has been the top scorer in Europe twice and won the Golden Boot at the 2010 World Cup. Forlan's column is written with the assistance of European football correspondent Andy Mitten.
Juventus against Real Madrid, what a Uefa Champions League final we have to look forward to, after the semi-finals were decided this week. I do not think there has been a more evenly matched final for years.
Madrid, the holders, have a better attack; Juventus, who knocked them out in 2015, have a better defence. Yet Juventus have Gonzalo Higuain, Paulo Dybala, Mario Mandzukic and Juan Cuadrado in attack, all top level players, all match winners, all in form.
Do I need to say anything about Madrid’s attack? That will make them the favourites as they hope to become the first team in the Champions League era to retain the trophy. But what I like about both teams is how they can vary their games. Both like to play good attacking football, both can switch formations, they can counterattack, they can absorb or apply pressure, slow the game or speed it up, play long balls or neat passes.
Zinedine Zidane is relatively new to management, but he has impressed me tactically and especially how he has used his squad players and varied his tactics. Massimiliano Allegri is a tactical master. One of the best games I saw him in charge of was the 2015 semi-final second leg at the Bernabeu, when Juventus went through, at Madrid’s expense, by controlling a game where they did not have the ball. It sounds like a contradiction. It wasn’t.
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More on the Uefa Champions League
■ In pictures: Real Madrid and their fans celebrate as Atletico Madrid leave dejected
■ Highlights: Dani Alves inspires Juventus to victory over Monaco and into final
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Both teams have truly great squads with so much talent that wonderful players will be on the bench for the final in Cardiff. They have everything – that has got them to where they are today and almost no weaknesses. They are both really hard to beat.
Juventus may have lost Paul Pogba, but they are better than they were when they lost the 2015 final to Barcelona. They are more experienced, wiser and confident in their own abilities. They showed all of that by going to Camp Nou and defending a 3-0 lead in the quarter-final second leg. They have Dani Alves in a great moment, full of experience, talent and determination to prove that he has still got what it takes to perform at the highest level, just like Patrice Evra did. Alves was excellent against Monaco in the semi-final.
I would love to see Gianluigi Buffon win the Champions League at the end of his career. That would be like a movie with the happy ending that everyone wants. He is 39 and still at a very high level. I am not saying that he should stop playing and besides, if he wins then he will want to win the Fifa Club World Cup, to be held in Abu Dhabi in December, but it would be great for him to be a European champion after being runner-up in 2003 and 2015. He has won almost everything, including the World Cup.
Juventus could win a sixth successive Serie A title this weekend – their 33rd scudetto – a record. They have remained excellent in Europe alongside their domestic dominance.
That has gone against other clubs. You could see Glasgow Celtic or Paris Saint-German winning every week and then being stung when they suddenly come up against a much better opponent in Europe. I think Bayern Munich would be better if there were three or four stronger German teams too, so it is to Juventus’ credit that they have been even better in Europe.
They also did something at the start of this season which strengthened their position domestically: they signed Higuain, the best player of their main rivals. Not only did they get a great striker, they damaged their closest opponents. It was similar to what Real Madrid did to Barcelona when they signed Luis Figo, who had been their best player.
Juventus have also done really well in spite of injuries and in spite of losing Pogba, who the players thought would stay, plus Evra mid-season. Allegri has a solid, trusted core. That final against Barcelona came at the end of his first season at Juventus. This one comes at the end of his third. He is ready.
While I am looking forward to the final immensely, I am also disappointed that Atletico Madrid are not in it. They lost the tie in the first leg at the Bernabeu, but were excellent in the second leg in the first half when they went 2-0 up against Real after 16 minutes. They almost did it; they had Real on the ropes. That magnificent, noisy, Calderon crowd, who I love so much, were on form; they really believed that it was possible.
But then Real showed why they are the champions. Karim Benzema stung. The save from Jan Oblak was first class, but then it was cruel, a rebound for Isco. It also gave Real a crucial away goal, but then they always score. They had scored in their previous 61 matches. They are always a danger, even though they have benefited from some decisions which have helped them, as when Arturo Vidal was sent off for Bayern Munich in the quarter final after Bayern had done so well.
At least the Calderon got to witness a great last European game, with Atletico beating Real Madrid 2-1 on the night. I hope the final in Cardiff, a stadium I played at with Manchester United and one which is fit for the biggest game in European club football between the two best sides in the world on current form, does their talent justification.
The atmosphere at Cardiff, where the stands rise steeply from the pitch and the fans are always in a good mood, will be wonderful.
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The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
About RuPay
A homegrown card payment scheme launched by the National Payments Corporation of India and backed by the Reserve Bank of India, the country’s central bank
RuPay process payments between banks and merchants for purchases made with credit or debit cards
It has grown rapidly in India and competes with global payment network firms like MasterCard and Visa.
In India, it can be used at ATMs, for online payments and variations of the card can be used to pay for bus, metro charges, road toll payments
The name blends two words rupee and payment
Some advantages of the network include lower processing fees and transaction costs
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Test
Director: S Sashikanth
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
Star rating: 2/5
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
MOTHER%20OF%20STRANGERS
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
MATCH INFO
Chelsea 4 (Mount 18',Werner 44', Hudson-Odoi 49', Havertz 85')
Morecambe 0
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.”
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
The%20specs
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In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
The%20specs
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The years Ramadan fell in May
FIXTURES
All times UAE ( 4 GMT)
Saturday
Fiorentina v Torino (8pm)
Hellas Verona v Roma (10.45pm)
Sunday
Parma v Napoli (2.30pm)
Genoa v Crotone (5pm)
Sassuolo v Cagliari (8pm)
Juventus v Sampdoria (10.45pm)
Monday
AC Milan v Bologna (10.45om)
Playing September 30
Benevento v Inter Milan (8pm)
Udinese v Spezia (8pm)
Lazio v Atalanta (10.45pm)
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)