The delayed Euro 2020 eventually got under way in Rome as Italy dispatched Group A rivals Turkey 3-0.
It has been a long wait for the action, with the original tournament scheduled last summer delayed because of the coronavirus pandemic.
There will be 24 teams playing 51 matches in 12 cities, before the final at Wembley in England on July 11.
Below are all the groups, venues, schedule, fixtures and kick-off times (UAE).
Euro 2020 groups
Group A: Italy, Switzerland, Turkey, Wales
Group B: Belgium, Russia, Denmark, Finland
Group C: Ukraine, the Netherlands, Austria, North Macedonia
Group D: England, Croatia, Czech Republic, Scotland
Group E: Spain, Poland, Sweden, Slovakia
Group F: Germany, France, Portugal, Hungary
Euro 2020 venues
Group A: Italy, Turkey, Wales, Switzerland
Italy beat Turkey 3-0 in opening game
- Fixtures
- June 11, Rome: Turkey 0-3 Italy I Report I Ratings
- June 12, Baku: Wales 1-1 Switzerland I Report
- June 16, Baku: Turkey 0-2 Wales I Report
- June 16, Rome: Italy 3-0 Switzerland I Report
- June 20, Baku: Switzerland 3-1 Turkey
- June 20, Rome: Italy 1-0 Wales I Report I Ratings
Group B: Belgium, Denmark, Finland, Russia
Fixtures
- June 12, Copenhagen: Denmark 0-1 Finland
- June 12, Saint Petersburg: Belgium 3-0 Russia I Report I Ratings
- June 16, Saint Petersburg: Finland 0-1 Russia I Report
- June 17, Copenhagen: Denmark 1-2 Belgium I Report I Ratings
- June 21, Copenhagen: Russia v Denmark (11pm)
- June 21, Saint Petersburg: Finland v Belgium (11pm)
Group C: Netherlands, Austria, North Macedonia, Ukraine
Fixtures
- June 13, Bucharest: Austria 3-1 North Macedonia
- June 13, Amsterdam: Netherlands 3-2 Ukraine I Report
- June 17, Bucharest: Ukraine 2-1 North Macedonia
- June 17, Amsterdam: Netherlands 2-0 Austria I Report
- June 21, Bucharest: Ukraine v Austria (8pm)
- June 21, Amsterdam: North Macedonia v Netherlands (8pm)
GROUP D: England, Croatia, Scotland, Czech Republic
Raheem Sterling scores against Croatia
Fixtures
- June 13, London: England 1-0 Croatia I Report I Ratings
- June 14, Glasgow: Scotland 0-2 Czech Republic | Report | Ratings
- June 18, Glasgow: Croatia 1-1 Czech Republic
- June 18, London: England 0-0 Scotland I Report I Ratings
- June 22, Glasgow: Croatia v Scotland (11pm)
- June 22, London: England v Czech Republic (11pm)
GROUP E: Spain, Poland, Slovakia, Sweden
Fixtures
- June 14, Saint Petersburg: Poland 1-2 Slovakia | Report
- June 14, Seville: Spain 0-0 Sweden | Report
- June 18, Saint Petersburg: Sweden 1-0 Slovakia I Report I Ratings
- June 19, Seville: Spain 1-1 Poland
- June 23, Seville: Spain v Slovakia (8pm)
- June 23, Saint Petersburg: Poland v Sweden (8pm)
GROUP F: France, Germany, Portugal, Hungary
Fixtures
- June 15, Budapest: Hungary 0-3 Portugal
- June 15, Munich: France 1-0 Germany
- June 19, Budapest: Hungary 1-1 France I Report I Ratings
- June 19, Munich: Portugal 2-4 Germany I Report I Ratings
- June 23, Munich: Germany v Hungary (11pm)
- June 23, Budapest, Portugal v France (11pm)
ROUND OF 16
June 26, Amsterdam, 8pm: Wales v Group B Second Place
June 26, London, 11pm: Italy v Group C Second Place
June 27, Budapest, 5pm: Netherlands v Third Place Group D/E/F
June 27, Seville, 11pm: Group B Winner v Third Place Group A/D/E/F
June 28, Copenhagen, 5pm: Group D Second Place v Group E Second Place
June 28, Bucharest, 11pm: Group F Winner v Third Place Group A/B/C
June 29, London, 5pm: Group D Winner v Group F Second Place
June 29, Glasgow, 11pm: Group E Winner v Third Place Group A/B/C/D
QUARTER-FINALS
July 2, St Petersburg, 5pm: Quarter-Finalist 1 v Quarter-Finalist 2
July 2, Munich, 11pm: Quarter-Finalist 3 v Quarter-Finalist 4
July 3, Baku, 5pm: Quarter-Finalist 5 v Quarter-Finalist 6
July 3, Rome, 5pm: Quarter-Finalist 7 v Quarter-Finalist 8
SEMI-FINALS
July 6, London, 11pm: Semi-Finalist 1 v Semi-Finalist 2
July 7, London, 11pm: Semi-Finalist 3 v Semi-Finalist 4
FINAL
July 11, London, 11pm: Finalist 1 v Finalist 2
UAE currency: the story behind the money in your pockets
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 specs
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How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
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- Jumeirah English Speaking School (Dubai) – Dh59,728
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About Housecall
Date started: July 2020
Founders: Omar and Humaid Alzaabi
Based: Abu Dhabi
Sector: HealthTech
# of staff: 10
Funding to date: Self-funded
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MATCH INFO
Uefa Champions League semi-finals, first leg
Liverpool v Roma
When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome