Ivan Perisic takes part in a training session with Croatia at the Rovinj Stadium prior to his positive Covid-19 test. AFP
Ivan Perisic takes part in a training session with Croatia at the Rovinj Stadium prior to his positive Covid-19 test. AFP
Ivan Perisic takes part in a training session with Croatia at the Rovinj Stadium prior to his positive Covid-19 test. AFP
Ivan Perisic takes part in a training session with Croatia at the Rovinj Stadium prior to his positive Covid-19 test. AFP

Euro 2020: Croatia dealt setback after Ivan Perisic tests positive for Covid-19


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Croatia have been dealt a blow to their preparations ahead of Monday's Euro 2020 last-16 tie against Spain after winger Ivan Perisic tested positive for Covid-19 on Saturday.

Perisic, 32, has scored twice in three matches at the tournament to help drag the 2018 World Cup finalists into the knockout stages after a slow start.

However, the Inter Milan player's tournament looks to be over as he must isolate for 10 days and would therefore miss the quarter-finals and semi-finals should Croatia make it that far.

"During Saturday evening, (the) Croatian Football Federation received the results of regular testing for the SARS-CoV-2 virus, which showed that player Ivan Perisic has tested positive for novel coronavirus," the Croatian football federation said in a statement.

"Medical staff isolated Ivan from the other members of the national team and immediately and thoroughly informed competent epidemiological authorities about the situation, providing evidence of complying with all the necessary measures aimed at protection against the spread of coronavirus.

"Perisic will spend 10 days in self-isolation and during that period will not participate at the matches of the Croatian national team."

The rest of the Croatian squad and backroom staff have tested negative.

Perisic scored his side's third goal in a 3-1 win over Scotland on Tuesday just days after a positive case in the Scotland camp for Chelsea midfielder Billy Gilmour.

England duo Mason Mount and Ben Chilwell were forced into self-isolation after talking to club teammate Gilmour following the goalless draw between the sides on June 18, but no other Scottish players were required to isolate.

Mount and Chilwell could be available in time for England's last-16 game against Germany on Tuesday, with the pair set to leave isolation on Monday.

Along with captain Luka Modric, Perisic is one of Croatia's key men and heroes of their run to the World Cup final three years ago. His two goals at Euro 2020 took the 32-year-old's tally at major international tournaments to nine.

______________

Croatia 3 Scotland 1: player ratings

  • SCOTLAND RATINGS: David Marshall – 6 Scotland’s No 1 prevented the score from getting bigger, particularly when he tipped over Luka Modric’s long-range shot. He was unlucky to concede the first two goals and there was very little he could have done to have saved either. AFP
    SCOTLAND RATINGS: David Marshall – 6 Scotland’s No 1 prevented the score from getting bigger, particularly when he tipped over Luka Modric’s long-range shot. He was unlucky to concede the first two goals and there was very little he could have done to have saved either. AFP
  • Stephen O'Donnell – 5 The right wing-back made several promising forward runs, but ultimately they came to nothing. He also produced a good header to clear the ball away from goal, but this was tempered by a number of missed headers and poor tackles. AFP
    Stephen O'Donnell – 5 The right wing-back made several promising forward runs, but ultimately they came to nothing. He also produced a good header to clear the ball away from goal, but this was tempered by a number of missed headers and poor tackles. AFP
  • Grant Hanley – 6 Norwich’s centre-back will be disappointed that he was forced off due to injury, especially as he was having a big impact at the back. EPA
    Grant Hanley – 6 Norwich’s centre-back will be disappointed that he was forced off due to injury, especially as he was having a big impact at the back. EPA
  • Andy Robertson – 7 Scotland’s skipper showed why he is one of the best attacking left-backs in the game, as he provided a number of excellent crosses. His corners were a constant danger, too, though few were met with any attacking threat. AFP
    Andy Robertson – 7 Scotland’s skipper showed why he is one of the best attacking left-backs in the game, as he provided a number of excellent crosses. His corners were a constant danger, too, though few were met with any attacking threat. AFP
  • Kieran Tierney – 7 The young talent showcased his ability as he came up with a few decent surges forward. However, he was second best to Perisic as Croatia got their third goal. AFP
    Kieran Tierney – 7 The young talent showcased his ability as he came up with a few decent surges forward. However, he was second best to Perisic as Croatia got their third goal. AFP
  • Scott McTominay – 5 Manchester United’s 24-year-old midfielder contributed a lot defensively but was partly at fault for Croatia’s opener, as he lost Vlašić in the box. He nearly scored from a header but it went over the bar, his performance summing up Scotland’s night. EPA
    Scott McTominay – 5 Manchester United’s 24-year-old midfielder contributed a lot defensively but was partly at fault for Croatia’s opener, as he lost Vlašić in the box. He nearly scored from a header but it went over the bar, his performance summing up Scotland’s night. EPA
  • John McGinn – 8 One of Scotland’s best performers, the midfield maestro showed great pressing as well as some key forward passes. His ability to turn players was on show, but his team’s performance didn’t match his. AFP
    John McGinn – 8 One of Scotland’s best performers, the midfield maestro showed great pressing as well as some key forward passes. His ability to turn players was on show, but his team’s performance didn’t match his. AFP
  • Callum McGregor – 7 Billy Gilmour’s replacement was guilty of wasting possession early on, though he redeemed himself as he scored a great goal from the edge of the box. EPA
    Callum McGregor – 7 Billy Gilmour’s replacement was guilty of wasting possession early on, though he redeemed himself as he scored a great goal from the edge of the box. EPA
  • Stuart Armstrong – 5 Southampton’s 29-year-old was subbed because he lacked composure on the ball. Apart from a few good passes, he didn’t really contribute much to the game. Reuters
    Stuart Armstrong – 5 Southampton’s 29-year-old was subbed because he lacked composure on the ball. Apart from a few good passes, he didn’t really contribute much to the game. Reuters
  • Ché Adams – 4 Another poor performance. His positioning was good and he nearly scored an acrobatic goal, but he made poor choices throughout and wasted a good chance from long range before being taken off. Reuters
    Ché Adams – 4 Another poor performance. His positioning was good and he nearly scored an acrobatic goal, but he made poor choices throughout and wasted a good chance from long range before being taken off. Reuters
  • Lyndon Dykes – 3 The QPR striker was searching for his third Scotland goal but he had little involvement apart from some good pressing later on in the game. It was a match he’ll want to forget. Reuters
    Lyndon Dykes – 3 The QPR striker was searching for his third Scotland goal but he had little involvement apart from some good pressing later on in the game. It was a match he’ll want to forget. Reuters
  • SUB: Kevin Nisbet – 6 The young striker brought an injection of energy to Scotland’s game as he constantly chased down the opposition when they were on the ball. He probably should have been brought on earlier as he didn’t have long enough to make a real difference. AFP
    SUB: Kevin Nisbet – 6 The young striker brought an injection of energy to Scotland’s game as he constantly chased down the opposition when they were on the ball. He probably should have been brought on earlier as he didn’t have long enough to make a real difference. AFP
  • SUB: Ryan Fraser – 5 A poor substitute appearance for the Newcastle player. He had very little impact on the game and the few chances he did have were wasted. AFP
    SUB: Ryan Fraser – 5 A poor substitute appearance for the Newcastle player. He had very little impact on the game and the few chances he did have were wasted. AFP
  • SUB: Nathan Patterson – 6 You could see the hunger and passion when he came on. He utilised his long throw to set off one attack and battled hard to win the ball back on numerous occasions. EPA
    SUB: Nathan Patterson – 6 You could see the hunger and passion when he came on. He utilised his long throw to set off one attack and battled hard to win the ball back on numerous occasions. EPA
  • SUB: Scott McKenna – 6 The defender replaced the injured Hanley and he was booked for a strong challenge as soon as he came on. He later settled and put in a good shift at the back. His aerial presence was handy for Scotland to deny Croatia a number of counter attacks. AFP
    SUB: Scott McKenna – 6 The defender replaced the injured Hanley and he was booked for a strong challenge as soon as he came on. He later settled and put in a good shift at the back. His aerial presence was handy for Scotland to deny Croatia a number of counter attacks. AFP
  • CROATIA RATINGS: Dominik Livakovic – 8 Livakovic put in a strong performance and was one of his side’s best players. He made a number of good punches to clear any danger, as well as a great save to deny Scotland late on. EPA
    CROATIA RATINGS: Dominik Livakovic – 8 Livakovic put in a strong performance and was one of his side’s best players. He made a number of good punches to clear any danger, as well as a great save to deny Scotland late on. EPA
  • Josip Juranovic – 7 The right-back provided a brilliant assist from a whipped cross into the box. He constantly made good moves forward and was never caught out when getting back. A strong game from the 25-year-old. AFP
    Josip Juranovic – 7 The right-back provided a brilliant assist from a whipped cross into the box. He constantly made good moves forward and was never caught out when getting back. A strong game from the 25-year-old. AFP
  • Dejan Lovren – 6 The Ex-Liverpool defender contributed a combination of bad tackles and good defending. He fouled Adams early with an unnecessary foul, but he later headed clear a ball bound for Scotland’s strikers. EPA
    Dejan Lovren – 6 The Ex-Liverpool defender contributed a combination of bad tackles and good defending. He fouled Adams early with an unnecessary foul, but he later headed clear a ball bound for Scotland’s strikers. EPA
  • Domagoj Vida – 6 The veteran defender defended well apart from a very poor clearance straight out of the box to McGregor, who then scored. AFP
    Domagoj Vida – 6 The veteran defender defended well apart from a very poor clearance straight out of the box to McGregor, who then scored. AFP
  • Jośko Gvardiol – 5 He made some good runs forward early on and put in some great crosses, but he was poor when defending, either missing the ball or giving away a needless foul. It wasn’t a surprise to see him taken off. AFP
    Jośko Gvardiol – 5 He made some good runs forward early on and put in some great crosses, but he was poor when defending, either missing the ball or giving away a needless foul. It wasn’t a surprise to see him taken off. AFP
  • Mateo Kovacic – 7 Chelsea’s midfield man had a good game and he switched the play from wing to wing. He also used good strength to deny Scotland a counter attack. He capped off his performance with a simple assist for Luka Modric. EPA
    Mateo Kovacic – 7 Chelsea’s midfield man had a good game and he switched the play from wing to wing. He also used good strength to deny Scotland a counter attack. He capped off his performance with a simple assist for Luka Modric. EPA
  • Marcelo Brozovic – 7 Making his 62nd appearance for his country, the midfielder made a number of small fast-paced passes as well as a great through ball to Gvardiol. He did, however, give away a few needless fouls. EPA
    Marcelo Brozovic – 7 Making his 62nd appearance for his country, the midfielder made a number of small fast-paced passes as well as a great through ball to Gvardiol. He did, however, give away a few needless fouls. EPA
  • Ivan Perisic –9 The first Croatian to score at a World Cup final scored again tonight as he got on the end of a Modric Corner. He showed great skill to bring down a cross to set up the first goal. Overall, he was a vital part of the win. AFP
    Ivan Perisic –9 The first Croatian to score at a World Cup final scored again tonight as he got on the end of a Modric Corner. He showed great skill to bring down a cross to set up the first goal. Overall, he was a vital part of the win. AFP
  • Luka Modric – 9 The Croatia captain was the best player on the pitch and his sublime strike with the outside of his foot from long range was one of the goals of the tournament so far. His passing was superb and his corner delivery nearly always found a Croatian head. What a performance! AFP
    Luka Modric – 9 The Croatia captain was the best player on the pitch and his sublime strike with the outside of his foot from long range was one of the goals of the tournament so far. His passing was superb and his corner delivery nearly always found a Croatian head. What a performance! AFP
  • Nikola Vlašić – 7 The CSKA Moscow striker troubled the Scotland defence throughout. He tucked away the first goal of the night and though his positioning in the box wasn’t always perfect, he always stepped up when he was needed. AFP
    Nikola Vlašić – 7 The CSKA Moscow striker troubled the Scotland defence throughout. He tucked away the first goal of the night and though his positioning in the box wasn’t always perfect, he always stepped up when he was needed. AFP
  • Bruno Petković – 5 He rarely found himself on the end of crosses and was very easily marked out of the game by Scotland’s defence. He was taken off late on. Reuters
    Bruno Petković – 5 He rarely found himself on the end of crosses and was very easily marked out of the game by Scotland’s defence. He was taken off late on. Reuters
  • SUB: Borna Barisic – 6 –The Ranger’s defender put in a solid shift, much to the annoyance of the home fans. He snubbed out most Scotland attacks and helped his team take the three points. AFP
    SUB: Borna Barisic – 6 –The Ranger’s defender put in a solid shift, much to the annoyance of the home fans. He snubbed out most Scotland attacks and helped his team take the three points. AFP
  • SUB: Andrej Kramaric – 6 Croatia’s first substitute didn’t get on the scoresheet but he did show some good hold up play to let his teammates get up the pitch. AFP
    SUB: Andrej Kramaric – 6 Croatia’s first substitute didn’t get on the scoresheet but he did show some good hold up play to let his teammates get up the pitch. AFP
  • SUB: Ante Rebic – 5 A few of the AC Milan striker’s fouls were silly and unnecessary but he was brought on to disrupt the play and keep his team ahead in the latter stages, and that was exactly what he did. Reuters
    SUB: Ante Rebic – 5 A few of the AC Milan striker’s fouls were silly and unnecessary but he was brought on to disrupt the play and keep his team ahead in the latter stages, and that was exactly what he did. Reuters
  • SUB: Luka Ivanusec – 5 The attacking midfielder replaced Vlasic and didn’t have much of an impact. AFP
    SUB: Luka Ivanusec – 5 The attacking midfielder replaced Vlasic and didn’t have much of an impact. AFP
THE SPECS

      

 

Engine: 1.5-litre

 

Transmission: 6-speed automatic

 

Power: 110 horsepower 

 

Torque: 147Nm 

 

Price: From Dh59,700 

 

On sale: now  

 

Leap of Faith

Michael J Mazarr

Public Affairs

Dh67
 

The%20US%20Congress%20explained
%3Cp%3E-%20Congress%20is%20one%20of%20three%20branches%20of%20the%20US%20government%2C%20and%20the%20one%20that%20creates%20the%20nation's%20federal%20laws%3C%2Fp%3E%0A%3Cp%3E-%20Congress%20is%20divided%20into%20two%20chambers%3A%20The%20House%20of%20Representatives%20and%20the%20Senate%3C%2Fp%3E%0A%3Cp%3E-%C2%A0The%20House%20is%20made%20up%20of%20435%20members%20based%20on%20a%20state's%20population.%20House%20members%20are%20up%20for%20election%20every%20two%20years%3C%2Fp%3E%0A%3Cp%3E-%20A%20bill%20must%20be%20approved%20by%20both%20the%20House%20and%20Senate%20before%20it%20goes%20to%20the%20president's%20desk%20for%20signature%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%20218%20seats%20to%20be%20in%20control%20of%20the%20House%20of%20Representatives%3C%2Fp%3E%0A%3Cp%3E-%20The%20Senate%20is%20comprised%20of%20100%20members%2C%20with%20each%20state%20receiving%20two%20senators.%20Senate%20members%20serve%20six-year%20terms%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%2051%20seats%20to%20control%20the%20Senate.%20In%20the%20case%20of%20a%2050-50%20tie%2C%20the%20party%20of%20the%20president%20controls%20the%20Senate%3C%2Fp%3E%0A
Panipat

Director Ashutosh Gowariker

Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment

Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman

Rating 3 /stars

The Lowdown

Kesari

Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra

 

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
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

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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.”

PROFILE OF CURE.FIT

Started: July 2016

Founders: Mukesh Bansal and Ankit Nagori

Based: Bangalore, India

Sector: Health & wellness

Size: 500 employees

Investment: $250 million

Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)

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Dengue%20fever%20symptoms
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In numbers

1,000 tonnes of waste collected daily:

  • 800 tonnes converted into alternative fuel
  • 150 tonnes to landfill
  • 50 tonnes sold as scrap metal

800 tonnes of RDF replaces 500 tonnes of coal

Two conveyor lines treat more than 350,000 tonnes of waste per year

25 staff on site