Juventus’ Gonzalo Higuain celebrates after teammate Miralem Pjanic scored the side’s first goal. Darko Bandic / AP Photo
Juventus’ Gonzalo Higuain celebrates after teammate Miralem Pjanic scored the side’s first goal. Darko Bandic / AP Photo

Miralem Pjanic and Gonzalo Higuain help dispel ‘illusion’ for Juventus with strong win



The big summer signings at Juventus proved their worth as Miralem Pjanic and Gonzalo Higuain helped the Italian side to a 4-0 win at Dinamo Zagreb in the Champions League on Tuesday.

Pjanic scored one and set up another to put Juventus firmly in charge at half-time. Paulo Dybala and Dani Alves sealed matters after the break.

Juventus moved top of Group H, level on points with Sevilla after the Spanish side beat Lyon 1-0. Dinamo, who lost 3-0 at Lyon in the first round of fixtures, remained bottom.

After a massive outlay on new players, a sixth successive Serie A title seemed a foregone conclusion for Juventus, while great things were also expected in the Champions League from the Turin club, who were runners-up in 2015.

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Juventus lead Serie A but it has not all been plain sailing for Massimiliano Allegri’s men, and they slogged through a goalless draw at home to Sevilla in their opening match in Europe’s elite club competition.

“We’ve been together for 40 days and we’re working well, but we need a bit of time because there are new players to fit in,” Allegri said.

“The risk this year is that we break with tradition: There could be the illusion that, having signed great players, we can easily win all the matches. Instead, we have to keep our usual attitude. Keeping our feet on the ground is the most important thing, not losing sight of our aims and working hard.”

Juventus are already without several key players because of long-term injuries and there were fears another would be added to the list when Pjanic, who had to receive treatment following an early challenge, was substituted at half-time.

But the Bosnia midfielder, who signed for €32 million (Dh131.7m) from AS Roma, is confident of recovering in time for the weekend.

“Today we were better at finding spaces, we followed Allegri’s instructions and you saw the results,” Pjanic said. “I took a knock on the calf, but I hope to recover as soon as possible and be on the pitch at Empoli.”

Juventus dominated from the start and broke the deadlock on 24 minutes after Zagreb defenders Gordon Schildenfeld and Leonardo Sigali got in each other’s way. Sigali attempted to head Leonardo Bonucci’s ball back to his goalkeeper, Pjanic nipped in behind and slotted the ball into the bottom right corner.

Schildenfeld almost immediately atoned for his error with Dinamo’s best chance of the match but headed Domagoj Antolic’s free kick onto the crossbar with Gianluigi Buffon beaten.

Pjanic helped Juventus double their lead in the 31st with a stunning pass for Higuain to chest down and volley into the bottom far corner.

Higuain transferred from rivals Napoli for €90 million after scoring 36 goals last campaign to break a 66-year-old Serie A record.

Zagreb were offering little resistance and Dybala extended Juve’s lead with a stunning strike, sending the ball swerving into the top near corner from more than 30 metres.

Dani Alves, another summer signing, had done little of note all match but he got on the scoresheet five minutes from time with a deflected free kick.

Dinamo goalkeeper Adrian Semper was wrongfooted by the deflection and although the 18-year-old managed to get a hand to the ball, he couldn’t keep it out.

The only moment for Dinamo fans to cheer was when former player Marko Pjaca, who scored 12 goals for the Croatian side last season, came on as a substitute in the 68th minute for Juventus.

Pjaca, who is yet to score for Juventus, also helped Zagreb reach the group stage with two goals in a preliminary round match against FK Vardar.

*Associated Press

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Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press

Tips for holiday homeowners

There are several factors for landlords to consider when preparing to establish a holiday home:

  • Revenue potential of the unit: location, view and size
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  • Business model: will it be managed by a professional operator or directly by the owner, how often does the owner wants to use it for personal reasons?
  • Quality of the operator: guest reviews, customer experience management, application of technology, average utilisation, scope of services rendered

Source: Adam Nowak, managing director of Ultimate Stay Vacation Homes Rental

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Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
Based: Cambridge and Dubai
Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

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Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

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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.”

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

ASHES FIXTURES

1st Test: Brisbane, Nov 23-27 
2nd Test: Adelaide, Dec 2-6
3rd Test: Perth, Dec 14-18
4th Test: Melbourne, Dec 26-30
5th Test: Sydney, Jan 4-8

Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

The years Ramadan fell in May

1987

1954

1921

1888

if you go

The flights
The closest international airport to the TMB trail is Geneva (just over an hour’s drive from the French ski town of Chamonix where most people start and end the walk). Direct flights from the UAE to Geneva are available with Etihad and Emirates from about Dh2,790 including taxes.

The trek
The Tour du Mont Blanc takes about 10 to 14 days to complete if walked in its entirety, but by using the services of a tour operator such as Raw Travel, a shorter “highlights” version allows you to complete the best of the route in a week, from Dh6,750 per person. The trails are blocked by snow from about late October to early May. Most people walk in July and August, but be warned that trails are often uncomfortably busy at this time and it can be very hot. The prime months are June and September.

 

 

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Memory: 8/16/24GB

Storage: 256/512GB / 1/2TB

I/O: Thunderbolt 3/USB-4 (2), 3.5mm audio, Touch ID

Connectivity: Wi-Fi 6E, Bluetooth 5.3

Battery: 52.6Wh lithium-polymer, up to 18 hours, MagSafe charging

Camera: 1080p FaceTime HD

Video: Support for Apple ProRes, HDR with Dolby Vision, HDR10

Audio: 4-speaker system, wide stereo, support for Dolby Atmos, Spatial Audio and dynamic head tracking (with AirPods)

Colours: Midnight, silver, space grey, starlight

In the box: MacBook Air, 30W/35W dual-port/70w power adapter, USB-C-to-MagSafe cable, 2 Apple stickers

Price: From Dh4,599

Results:

Women:

1. Rhiannan Iffland (AUS) 322.95 points
2. Lysanne Richard (CAN) 285.75
3. Ellie Smart (USA) 277.70

Men:

1. Gary Hunt (GBR) 431.55
2. Constantin Popovici (ROU) 424.65
3. Oleksiy Prygorov (UKR) 392.30

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Director: Nikhil Nagesh Bhat

Starring: Lakshya, Tanya Maniktala, Ashish Vidyarthi, Harsh Chhaya, Raghav Juyal

Rating: 4.5/5

Feeding the thousands for iftar

Six industrial scale vats of 500litres each are used to cook the kanji or broth 

Each vat contains kanji or porridge to feed 1,000 people

The rice porridge is poured into a 500ml plastic box

350 plastic tubs are placed in one container trolley

Each aluminium container trolley weighing 300kg is unloaded by a small crane fitted on a truck

How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.


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