If ever there was such a thing as a morale-boosting defeat, this was it.
Saudi Arabia wrapped up their World Cup preparations with a 2-1 loss to Germany in Leverkusen on Friday, but having outplayed the world champions for periods of the second-half, Juan Antonio Pizzi says his side can take great belief going into the tournament’s opening match on Thursday against hosts Russia.
“I am satisfied totally with the performance,” Pizzi said. “Don’t forget Germany are the No 1 ranked team in the world, the reigning world champions, and have been one of the game’s protagonists for the past 10-15 years.
"We are talking about a team that consistently plays at a very high level. This was a very powerful and useful experience for us. We are well prepared for Russia, so now we just need to wait.”
The Green Falcons started their final preparation match fully aware that the last time the two sides met, at the 2002 World Cup, they were on the wrong side of an 8-0 loss. On Friday, they played with fear and showed too much respect, allowing Germany’s frontline of Timo Werner, Marco Reus, Julian Draxler and Thomas Muller to toy with them.
When Werner, the Red Bull Leipzig forward, opened the scoring in the eighth minute, it looked like Joachim Low’s side could comfortably replicate the previous scoreline.
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Read more on World Cup 2018:
Group A guide: Hosts Russia under pressure to reach last 16, will Salah be fit for Egypt?
Lowdown: Predictions, podcasts, galleries and where to watch in UAE
In pictures: The World Cup 2018 stadiums in Russia as seen from space
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Reus and Sami Khedira both hit the post and Germany had the ball in the net twice more only to see both ruled offside.
Yet as Saudi settled, they also carried a threat going forward, despite playing without a recognised striker.
Forward Mohamed Al-Sahlawi had been dropped to the bench in place of winger Fahad Al Muwallad and the pace of the former Levante flyer and his teammate Salem Al Dawsari gave the opposition problems.
Al Muwallad twice had decent chances to equalise, before Muller sprung onto to a Werner cross four minutes before half-time, forcing Omar Hawsawi to turn the ball into his own net and double the home side’s advantage.
“Some parts of game we dominated the play, other times they were much better,” said Pizzi, who at half-time urged his team to just enjoy the experience and play without fear. “We had some good chances, especially in the second half.”
Indeed, with both sides making wholesale changes throughout the second period, the rhythm of the game was lost.
And it was to the benefit of the Gulf side. Al Dawsari showed good feet to hold off Khedira and Hummels before dragging his shot wide of the far post; Yahya Al Shehri fired a looping effort over the crossbar; and Tayser Al Jassem connected play well in the middle of the field.
At the other end, goalkeeper Abdullah Al Mayouf — a surprise inclusion given his shaky performance in last week’s 3-0 defeat to Peru — grew in stature, saving well from Muller and Draxler before thwarting substitute Ilkay Gundogan when he looked sure to score. Then, in the 84th minute, Al Jassem tripped over Khedira’s leg to claim a penalty.
Al Sahlawi, introduced to little effect for Al Muwallad, saw his tame penalty saved, but Al Jassem reacted quickest to smash home the rebound. In added time, Al Jassem beat Germany’s offside trap and laid off Al Sahlawi just yards from goal, but the Al Nassr striker allowed the ball to roll past him and the chance evaporated.
It is now exactly one year since he last scored an international goal and must surely have lost his place for Thursday’s curtain-raiser.
Pizzi, asked about the prospect of facing Egypt and Mohamed Salah in their final Group A clash, said he was focusing only on Russia. “We will take it one game at a time,” he said. “We respect all three teams: Russia, Uruguay and Egypt — and do not think Egypt is only Salah, they are a good team with a good manager.
"We are well prepared for Russia though and looking forward to the first match. We have been preparing for it all year and it is now nearly upon us.”
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Players Selected for La Liga Trials
U18 Age Group
Name: Ahmed Salam (Malaga)
Position: Right Wing
Nationality: Jordanian
Name: Yahia Iraqi (Malaga)
Position: Left Wing
Nationality: Morocco
Name: Mohammed Bouherrafa (Almeria)
Position: Centre-Midfield
Nationality: French
Name: Mohammed Rajeh (Cadiz)
Position: Striker
Nationality: Jordanian
U16 Age Group
Name: Mehdi Elkhamlichi (Malaga)
Position: Lead Striker
Nationality: Morocco
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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India cancels school-leaving examinations
More from Aya Iskandarani
PSG's line up
GK: Alphonse Areola (youth academy)
Defence - RB: Dani Alves (free transfer); CB: Marquinhos (€31.4 million); CB: Thiago Silva (€42m); LB: Layvin Kurzawa (€23m)
Midfield - Angel di Maria (€47m); Adrien Rabiot (youth academy); Marco Verratti (€12m)
Forwards - Neymar (€222m); Edinson Cavani (€63m); Kylian Mbappe (initial: loan; to buy: €180m)
Total cost: €440.4m (€620.4m if Mbappe makes permanent move)
General%20Classification
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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
BRAZIL%20SQUAD
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Tonight's Chat on The National
Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.
Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.
Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.
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The years Ramadan fell in May
COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
Available at Magrudy’s , Dh104
FIXTURES
All kick-off times UAE ( 4 GMT)
Friday
Sevilla v Levante (midnight)
Saturday
Athletic Bilbao v Real Sociedad (7.15pm)
Eibar v Valencia (9.30pm)
Atletico Madrid v Alaves (11.45pm)
Sunday
Girona v Getafe (3pm)
Celta Vigo v Villarreal (7.15pm)
Las Palmas v Espanyol (9.30pm)
Barcelona v Deportivo la Coruna (11.45pm)
Monday
Malaga v Real Betis (midnight)
Defined benefit and defined contribution schemes explained
Defined Benefit Plan (DB)
A defined benefit plan is where the benefit is defined by a formula, typically length of service to and salary at date of leaving.
Defined Contribution Plan (DC)
A defined contribution plan is where the benefit depends on the amount of money put into the plan for an employee, and how much investment return is earned on those contributions.
More coverage from the Future Forum
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
UAE currency: the story behind the money in your pockets
'The worst thing you can eat'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
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.”
The%20Genius%20of%20Their%20Age
%3Cp%3EAuthor%3A%20S%20Frederick%20Starr%3Cbr%3EPublisher%3A%20Oxford%20University%20Press%3Cbr%3EPages%3A%20290%3Cbr%3EAvailable%3A%20January%2024%3C%2Fp%3E%0A
Most sought after workplace benefits in the UAE
- Flexible work arrangements
- Pension support
- Mental well-being assistance
- Insurance coverage for optical, dental, alternative medicine, cancer screening
- Financial well-being incentives
India Test squad
Virat Kohli (c), Mayank Agarwal, Rohit Sharma, Cheteshwar Pujara, Ajinkya Rahane, Hanuma Vihari, Rishabh Pant (wk), Wriddhiman Saha (wk), Ravichandran Ashwin, Ravindra Jadeja, Kuldeep Yadav, Mohammed Shami, Umesh Yadav, Ishant Sharma, Shubman Gill
Company Profile
Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5