Neymar, right, and Lionel Messi of Barcelona speak during their Primera Liga match against Valencia at Estadi de Mestalla on December 05, 2015 in Valencia, Spain. (Photo by Manuel Queimadelos Alonso/Getty Images)
Neymar, right, and Lionel Messi of Barcelona speak during their Primera Liga match against Valencia at Estadi de Mestalla on December 05, 2015 in Valencia, Spain. (Photo by Manuel Queimadelos Alonso/GShow more

Luis Enrique says Barcelona ‘lacked that ease’ after rare off night from Lionel Messi, Neymar and Luis Suarez



Madrid // Barcelona coach Luis Enrique admitted his star attacking trio of Lionel Messi, Neymar and Luis Suarez had for once let his side down as Barca conceded a late equaliser to draw 1-1 at Valencia on Saturday.

The European champions should have been out of sight by half-time as all three of the South American triumvirate missed glorious chances to put the visitors in front.

Suarez did finally find the net just before the hour mark, but, with new coach Gary Neville watching on from the stands, Santi Mina snatched a point for Valencia five minutes from time.

Barca’s first league draw of the season means they now lead Atletico Madrid by just two points at the top of the table with Real Madrid a further two points adrift.

“We lacked that ease that we normally have to finish our chances in the final third. I am happy with the performance of the team, for their ambition, their way of preparing for every match and we’ll keep going,” said Enrique.

“There is nothing to reproach the team for. We played a complete game at a very difficult place to come, we dominated the whole game and had by far the most chances.

“We weren’t rewarded for all the effort we put in, but Valencia defensively played very well. They were solid, well supported by their fans and took advantage of one transition.”

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It could even have been worse for Barca as Valencia claimed Suarez should have been sent-off just before he opened the scoring for a stamp on Aymen Abdennour.

And the hosts were also unhappy that the Uruguayan appeared to start in an offside position before beating Jaume Domenech at his near post for the opening goal.

Enrique claimed not to have seen either incident and his captain Andres Iniesta insisted Barca had been unlucky to come away with just a point from Mestalla.

“Anything can happen when you don’t kill the game,” said Iniesta.

“I think above all in the first-half we had clear chances to go in front, but I am left with how well the team played again at a place like Mestalla and it is shame to concede the equaliser at the end which leaves us with a point.

“We weren’t clinical in front of goal. Valencia scored with the one or two chances they had. They tried to make it an uncomfortable game for us, but we still managed to get in behind and create chances.

“We lacked that extra goal to put the game at ease. We played very well in all aspects of the game, but we lacked the most difficult thing which is the finish.”

Neville doesn’t officially take over at Valencia until Sunday, so the caretaker team of Voro and Neville’s brother Phil were charged with stopping Barca’s free-scoring form of recent weeks.

And Voro believes the confidence gained from the point will help Neville’s job of turning the club’s season around in the coming weeks.

“We played the game we had to,” he said.

“We’ve managed to get a point and, above all, taken the first step to recovering our confidence,”

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The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

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)

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

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Power: 582bhp

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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 
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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.”

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