• Barcelona forward Luis Suarez leaves Perugia's University in Perugia, Italy, on September 17, 2020 after taking an Italian language test ahead of a proposed move to Juventus. The Uruguayan is being investigated on suspicion of cheating to pass his Italian language test with the help of his teachers. EPA
    Barcelona forward Luis Suarez leaves Perugia's University in Perugia, Italy, on September 17, 2020 after taking an Italian language test ahead of a proposed move to Juventus. The Uruguayan is being investigated on suspicion of cheating to pass his Italian language test with the help of his teachers. EPA
  • Suarez leaves Perugia's University in Perugia, Italy. EPA
    Suarez leaves Perugia's University in Perugia, Italy. EPA
  • The Italian exam was a first step required in order to receive a passport ahead of a potential transfer to Juventus, a move which has since been abandoned. EPA
    The Italian exam was a first step required in order to receive a passport ahead of a potential transfer to Juventus, a move which has since been abandoned. EPA
  • Suspicions over Suarez were aroused by an overheard conversation. EPA
    Suspicions over Suarez were aroused by an overheard conversation. EPA
  • "But what do you think, that we're going to fail him? Today I have the last lesson [with Suarez] and I have to prepare it because he barely speaks a word" of Italian, Stefania Spina, one of the people targeted by the investigation, is claimed to have said, according to prosecution documents cited by Italian media. EPA
    "But what do you think, that we're going to fail him? Today I have the last lesson [with Suarez] and I have to prepare it because he barely speaks a word" of Italian, Stefania Spina, one of the people targeted by the investigation, is claimed to have said, according to prosecution documents cited by Italian media. EPA
  • New Juventus coach Andrea Pirlo signaled last week that the Italian champions were unlikely to press ahead with a move for Suarez, citing delays in the Uruguayan's bid to get an Italian passport. Reuters
    New Juventus coach Andrea Pirlo signaled last week that the Italian champions were unlikely to press ahead with a move for Suarez, citing delays in the Uruguayan's bid to get an Italian passport. Reuters

'He will pass, you can't make him fail': Luis Suarez suspected of cheating on Italian exam


Steve Luckings
  • English
  • Arabic

Barcelona forward Luis Suarez is being investigated on suspicion of cheating to pass his Italian language test with the help of his teachers by prosecutors in Perugia.

The Italian exam was a first step required in order to receive a passport ahead of a potential transfer to Juventus, a move which has since been abandoned.

"The investigation showed that the subjects discussed during the exam were agreed beforehand with the candidate and that the grade was awarded to him even before the test," the prosecutor's department said in a statement.

Local prosecutor Raffaele Cantone, a former head of Italy's National Anti-Corruption Authority, had been carrying out an investigation since February into University for Foreigners officials over various irregularities. Suspicions over Suarez were aroused by an overheard conversation.

"But what do you think, that we're going to fail him? Today I have the last lesson [with Suarez] and I have to prepare it because he barely speaks a word" of Italian, Stefania Spina, one of the people targeted by the investigation, is claimed to have said, according to prosecution documents cited by Italian media.

Asked by a colleague what level Suarez "should pass" in Italian, Spina reportedly replied: "He should not, he must, he will pass, because with a salary of €10 million per season, you can't make him fail" his exam, "even if he doesn't know how to conjugate verbs and speak in the infinitive."

New Juventus coach Andrea Pirlo signaled last week that the Italian champions were unlikely to press ahead with a move for Suarez, citing delays in the Uruguayan's bid to get an Italian passport.

The Italian champions cannot recruit Suarez otherwise because they have already reached their quota for non-EU players.

Reports on Monday said that Suarez, 33, has torn up his Barca contract and agreed terms with rival Spanish club Atletico Madrid.

Mundo Deportivo reported that Suarez, third on the list of Barca's all-time scorers, was told he was "not wanted" by new manager Ronald Koeman and has been looking for a new club.

___________________

Barcelona sign Miralem Pjanic

  • Miralem Pjanic was unveiled as Barcelona's new player. Courtesy FC Barcelona
    Miralem Pjanic was unveiled as Barcelona's new player. Courtesy FC Barcelona
  • Miralem Pjanic with Barca president Josep Maria Bartomeu. Courtesy FC Barcelona
    Miralem Pjanic with Barca president Josep Maria Bartomeu. Courtesy FC Barcelona
  • Miralem Pjanic's move from Juventus was confirmed in June. Courtesy FC Barcelona
    Miralem Pjanic's move from Juventus was confirmed in June. Courtesy FC Barcelona
  • Miralem Pjanic's transfer from Juve to Barcelona was part of a financial operation involving Arthur Melo going the other way. Courtesy FC Barcelona
    Miralem Pjanic's transfer from Juve to Barcelona was part of a financial operation involving Arthur Melo going the other way. Courtesy FC Barcelona
  • Miralem Pjanic after being unveiled by Barcelona. Courtesy FC Barcelona
    Miralem Pjanic after being unveiled by Barcelona. Courtesy FC Barcelona
  • Miralem Pjanic was unveiled as Barcelona player on Tuesday. Courtesy FC Barcelona
    Miralem Pjanic was unveiled as Barcelona player on Tuesday. Courtesy FC Barcelona
  • Miralem Pjanic joins Barcelona during a tumultuous time. Courtesy FC Barcelona
    Miralem Pjanic joins Barcelona during a tumultuous time. Courtesy FC Barcelona
  • Miralem Pjanic presented as a new Barcelona player. Courtesy FC Barcelona
    Miralem Pjanic presented as a new Barcelona player. Courtesy FC Barcelona
  • Miralem Pjanic says he always wanted to play with Lionel Messi. Courtesy FC Barcelona
    Miralem Pjanic says he always wanted to play with Lionel Messi. Courtesy FC Barcelona
  • Miralem Pjanic during his unveiling as Barcelona player. Courtesy FC Barcelona
    Miralem Pjanic during his unveiling as Barcelona player. Courtesy FC Barcelona
  • Miralem Pjanic joins Barcelona who are in turmoil. Courtesy FC Barcelona
    Miralem Pjanic joins Barcelona who are in turmoil. Courtesy FC Barcelona
  • Miralem Pjanic during his unveiling. Courtesy FC Barcelona
    Miralem Pjanic during his unveiling. Courtesy FC Barcelona
  • Miralem Pjanic during his unveiling. Courtesy FC Barcelona
    Miralem Pjanic during his unveiling. Courtesy FC Barcelona
THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

COMPANY%20PROFILE%20
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Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
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  • Senior drilling engineer: Dh38,000 to Dh46,000 
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The%20specs
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May 15: Yokohama, Japan
June 5: Leeds, UK
June 24: Montreal, Canada
July 10: Hamburg, Germany
Aug 17-22: Edmonton, Canada (World Triathlon Championship Final)
Nov 5-6 : Abu Dhabi, UAE
Date TBC: Chengdu, China

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Ticket prices
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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
About Tenderd

Started: May 2018

Founder: Arjun Mohan

Based: Dubai

Size: 23 employees 

Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital

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.

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 are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
UAE currency: the story behind the money in your pockets