Chris Wilder is set to leave his role as manager of Premier League bottom club Sheffield United, according to British media reports.
The Blades have won just four games in the Premier League this season and Saturday's 2-0 home defeat by Southampton left them on 14 points, 12 points adrift of the safety zone with 10 matches to play.
Their first league win did not come until 12 January, in their 18th game, when they beat Newcastle United.
Yorkshireman Wilder, 53, took charge of his boyhood club in 2016 after they finished 11th in League One (third tier).
He led them to two promotions in three years and their ninth-placed finish in the Premier League last season was their highest in the top-flight in 28 years.
Tensions between Wilder and club owner Abdullah Bin Musa'ad Bin Abdulaziz Al Saud have heightened recently, with Wilder last week stating he did not know if he will be manager next season, despite confirming he wants to remain in charge at Bramall Lane if the board and owners "stick to the plan".
Sheffield United take on third-placed Leicester City at the King Power Stadium on Sunday.
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18th time lucky: player ratings from Blades' first win of season against Newcastle
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SHEFFIELD UNITED: Aaron Ramsdale - 6: Never had a real save to make against Newcastle’s toothless attack. AP -

Chris Basham - 7: Beaten to header by Wilson after half an hour but Magpies striker headed wide. Little problems apart from that but was sacrificed for attacking option early in second half. Getty -

John Egan - 8: The Blades defence barely gave Newcastle a sniff and Egan was a key part of that. Impressive performance. PA -

Ethan Ampadu - 7: Brilliant curling cross from left to McGoldrick was headed over by attacker in first half and his distribution out from the back was generally excellent. Will be wishing that he could play against that Newcastle attack every week, though. AP -

Jayden Bogle - 7: Looked to get on the front foot all night. Young midfielder twice denied a goal by fine Darlow stops but should have done better with his third attempt – a weak left-foot shot wide with teammates better placed on the hour. Almost catastrophic moment in last few seconds when he chested past Ramsdale and nearly into his own goal. Getty -

John Lundstram - 8: Two strikes in first 15 minutes that were both off-target, then should have tapped home McGoldrick cross late in opening half. Caused opposition lots of problems playing between the lines, particularly in opening half. Reuters -

Oliver Norwood - 7: A driving force in Sheffield United’s midfield but one sloppy pass in last 10 minutes almost lead to a Newcastle goal. AFP -

John Fleck - 7: The Scot helped his team dominate midfield from the start. Some nice one-touch play as Blades looked anything like a team without a league win all season. Clearly delighted with three points at final whistle. AFP -

Ben Osborn - 7: Provided the Blades with important width down the left and made life hard for Yedlin. Superb block on Hayden shot in first half. Another who played vital role as Chris Wilder’s team dominated the game. -

David McGoldrick - 8: Saw shot saved by Darlow after fine Blades move after 12 minutes and should have opened the scoring when he headed wide after half an hour. Lovely cross across six-yard box that Lundstram should have finished. Booked for clumsy foul on Longstaff on edge of own box in last minute and got himself into a bit of a exchange of handbags with Schar but did not detract from a man-of-the-match performance. -

Oliver Burke - 6: Some surging runs at the Newcastle defence but lacked final product. Hooked before hour mark. AFP -

SUBS: Rhian Brewster – (On for Basham 51’) 7: Record signing brought on as Blades looked to break down the 10-man Magpies. Quality first touch and dangerous ball across box that was crying out for a striker like, well, Rhian Brewster to finish. Positive attacking run ended with a low shot fired wide that would have made it 2-0. Nearly broke his duck for club with another shot that took a wicked deflection and struck the inside of post. AP -

Billy Sharp – (On for Burke 59’) 6: Pressure put on Fernandez resulted in handball and a penalty to Blades that the veteran finished himself, low into the bottom corner. Yellow card for awful tackle on Schar that could have been red. PA -

Phil Jagielka – (On for McGoldrick 90 +4). N/A. -

NEWCASTLE RATINGS: Karl Darlow - 7: Kept place ahead of Martin Dubravka and straight into action with good early save from McGoldrick. Solid stop when Bogle shot from inside the box just before half time, then another fine point-blank save from same player just after. Booked for time-wasting. Getty -

DeAndre Yedlin - 5: Has looked good since returning to first team duty but was poor here. Did win important header after half-time with Burke lurking with intent. PA -

Ciaran Clark - 6: Dropped a clanger in FA Cup defeat at Arsenal and looked nervy on a couple of occasions here but also plenty of important blocks and challenges as the Blades threw the kitchen sink at Newcastle. PA -

Federico Fernandez - 7: Centre-half was the unlikely provider of Newcastle’s first chance of game just before half-hour mark when his excellent cross from right was headed wide by Wilson. Absolutely superb tackle to deny Burke just before break who would have been through on goal. Penalty given against him for handball after VAR review that manager Bruce called "pathetic" after the match. Getty -

Fabian Schar - 5: Shaky at times as Newcastle struggled to keep out wave and after wave of attacks. Ludicrous attempt to lob Ramsdale from free-kick on half-way line in second half when team had been struggling to get possession. Victim of nasty tackle from behind by Sharp and lost his composure after that, was booked and could have seen red. AFP -

Paul Dummett - 5: Looked completely unsuited and out of his depth in left-wingback role. Helped when Newcastle reverted to flat back four after sending off but hobbled off injured with 20 minutes to go. Reuters -

Jeff Hendrick - 4: Guilty of some awful distribution in first half as Newcastle struggled for any rhythm, one decent cross into Wilson late on was his sole positive contribution going forward. Reuters -

Isaac Hayden - 5: Should have done better with header from Fraser corner in first half that he claimed hit a Sheffield United hand but referee and VAR rightly thought otherwise. Not at his best but still better than others. Booked late on. Getty -

Sean Longstaff - 4: Another of the Magpies midfield who struggled to find his own teammates with the ball. The fact there were no live pictures of him or Hendrick in possession of the ball tells the whole story. Getty -

Ryan Fraser - 3: Started in what seemed to be a more advanced role supporting Wilson but his first major impact was two idiotic challenges in a matter of minutes that resulted in a sending off just before half time. Reuters -

Callum Wilson - 6: An isolated figure up front even before the sending off. Headed good chance wide after 29 minutes and lobbed ball into net before half-time – but only having bulldozed through last man Bogle first for obvious free-kick. Headed chance straight at Ramsdale in last five minutes. PA -

SUBS: Matt Ritchie – (On for Dummett 74’) 6: Always gives 100 per cent but couldn’t lift deflated and defeated side on this occasion. AP -

Andy Carroll – (On for Fernandez 77’) N/A. Brought on with game lost. Must be frustrated as had done enough in last two matches to keep place in starting XI. Getty -

Jacob Murphy – (On for Yedlin 84) N/A. Hit free-kick from dangerous spot just outside of box straight at Ramsdale in injury time. Reuters
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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RESULT
Shabab Al Ahli Dubai 0 Al Ain 6
Al Ain: Caio (5', 73'), El Shahat (10'), Berg (65'), Khalil (83'), Al Ahbabi (90' 2)
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The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
More from Rashmee Roshan Lall
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
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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
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
Zayed Sustainability Prize
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