• MANCHESTER UNITED RATINGS: Dean Henderson, 6 - Old Trafford debut and the first time he’s conceded a goal in his fourth League Cup game. Fine save from Mahrez. AFP
    MANCHESTER UNITED RATINGS: Dean Henderson, 6 - Old Trafford debut and the first time he’s conceded a goal in his fourth League Cup game. Fine save from Mahrez. AFP
  • Aaron Wan-Bissaka, 5 - Pressured by Foden in first half but stood up well. His clearance went straight to Fernandinho for City’s second. AFP
    Aaron Wan-Bissaka, 5 - Pressured by Foden in first half but stood up well. His clearance went straight to Fernandinho for City’s second. AFP
  • Harry Maguire, 6 - Challenging start to the game as City pulled and prodded at him and partner Lindelof, but he was up to it. Wasn’t close enough to De Bruyne when he hit the post and hesitated as Stones put City ahead. Won't be lifting a much-needed trophy for United in April. Reuters
    Harry Maguire, 6 - Challenging start to the game as City pulled and prodded at him and partner Lindelof, but he was up to it. Wasn’t close enough to De Bruyne when he hit the post and hesitated as Stones put City ahead. Won't be lifting a much-needed trophy for United in April. Reuters
  • Victor Lindelof, 6 - Started ahead of the in-form Bailly. Did well in first half but watched as the ball spun in for City’s opener. Both City’s goals came from set plays which was disappointing from United. AFP
    Victor Lindelof, 6 - Started ahead of the in-form Bailly. Did well in first half but watched as the ball spun in for City’s opener. Both City’s goals came from set plays which was disappointing from United. AFP
  • Luke Shaw, 7 - Up against Sterling and coped well with him, blocking him twice in the first half. Booked at the last. AP
    Luke Shaw, 7 - Up against Sterling and coped well with him, blocking him twice in the first half. Booked at the last. AP
  • Scott McTominay, 6 - Chastising opening as City dominated in the middle, then shot well over as United started to breathe. First player to come off as United needed to take more risks. AFP
    Scott McTominay, 6 - Chastising opening as City dominated in the middle, then shot well over as United started to breathe. First player to come off as United needed to take more risks. AFP
  • Fred, 6 - Tough opening and far fewer touches than in a normal game against a side who had far more possession. Fine ball to Rashford after 30 minutes. Booked. And on the losing side in a fourth consecutive semi-final. AFP
    Fred, 6 - Tough opening and far fewer touches than in a normal game against a side who had far more possession. Fine ball to Rashford after 30 minutes. Booked. And on the losing side in a fourth consecutive semi-final. AFP
  • Marcus Rashford, 5 - Turned Zinchenko but was blocked. Could have done better when set up by Fred in what was probably United’s best chance. Below par, like his team, but also playing against more incisive opponents. Reuters
    Marcus Rashford, 5 - Turned Zinchenko but was blocked. Could have done better when set up by Fred in what was probably United’s best chance. Below par, like his team, but also playing against more incisive opponents. Reuters
  • Bruno Fernandes, 5 - Eighth minute strike well saved. Lost possession as took risks and four shots, but average by his own high standards against a better side. One of the players who can provide game changing moments, but didn’t show. Not this time. AFP
    Bruno Fernandes, 5 - Eighth minute strike well saved. Lost possession as took risks and four shots, but average by his own high standards against a better side. One of the players who can provide game changing moments, but didn’t show. Not this time. AFP
  • Paul Pogba, 6 - Been in form and played well in first half, but more limited in second. Absent by front post for City’s opener. Moved forward as United went 4-3-3 to try for an equaliser but thwarted. AFP
    Paul Pogba, 6 - Been in form and played well in first half, but more limited in second. Absent by front post for City’s opener. Moved forward as United went 4-3-3 to try for an equaliser but thwarted. AFP
  • Anthony Martial, 5 - Disappointing. Dived to try and get a penalty as United tried to get level. There are times when this United side look like they need a top centre forward. Tonight was one of them. Reuters
    Anthony Martial, 5 - Disappointing. Dived to try and get a penalty as United tried to get level. There are times when this United side look like they need a top centre forward. Tonight was one of them. Reuters
  • SUBS: Mason Greenwood, 6 - On for McTominay after 75 minutes. Lively run blocked by the exceptional Ruben Dias. Reuters
    SUBS: Mason Greenwood, 6 - On for McTominay after 75 minutes. Lively run blocked by the exceptional Ruben Dias. Reuters
  • Donny van de Beek, N/A - On for Fred after 87. Not enough time to change. PA
    Donny van de Beek, N/A - On for Fred after 87. Not enough time to change. PA
  • MANCHESTER CITY RATINGS: Zach Steffen, 7 - A strong performance in the first half, making a vital save from a long-range shot from Bruno Fernandes. He wasn’t worked hard, but he was on hand to make a few important stops when needed. AP
    MANCHESTER CITY RATINGS: Zach Steffen, 7 - A strong performance in the first half, making a vital save from a long-range shot from Bruno Fernandes. He wasn’t worked hard, but he was on hand to make a few important stops when needed. AP
  • Joao Cancelo, 5 - The Portuguese international had a poor game. Pogba outclassed him on the left-hand side by constantly getting past him, though Cancelo did perform better going forward. A poor performance in a very good team effort. Reuters
    Joao Cancelo, 5 - The Portuguese international had a poor game. Pogba outclassed him on the left-hand side by constantly getting past him, though Cancelo did perform better going forward. A poor performance in a very good team effort. Reuters
  • Ruben Dias, 8 - A key player for City who made several key blocks, especially from a Rashford effort which could easily have gone in and changed the complexion of the game. Getty
    Ruben Dias, 8 - A key player for City who made several key blocks, especially from a Rashford effort which could easily have gone in and changed the complexion of the game. Getty
  • John Stones, 9 - He was lucky not to score an early own goal, the offside flag saving his blushes. He made up for it with a decisive strike when he slotted home in the area following a wicked free-kick. Overall, he was excellent. Reuters
    John Stones, 9 - He was lucky not to score an early own goal, the offside flag saving his blushes. He made up for it with a decisive strike when he slotted home in the area following a wicked free-kick. Overall, he was excellent. Reuters
  • Oleksandr Zinchenko, 6 - Rashford got the better of him a few times, which was United’s plan, but the left-back made some very good clearances, and provided some teasing through balls. AFP
    Oleksandr Zinchenko, 6 - Rashford got the better of him a few times, which was United’s plan, but the left-back made some very good clearances, and provided some teasing through balls. AFP
  • Fernandinho, 8 - A decent performance with some key blocks, some quick passing, and a sensational goal from the edge of the box from a corner to secure City the win. AFP
    Fernandinho, 8 - A decent performance with some key blocks, some quick passing, and a sensational goal from the edge of the box from a corner to secure City the win. AFP
  • Ilkay Gundogan, – 7 A mixed game for the German, who got himself into some good spaces in the first half. His passing sometimes let him down, but he enjoyed having the freedom to roam high up the pitch. Reuters
    Ilkay Gundogan, – 7 A mixed game for the German, who got himself into some good spaces in the first half. His passing sometimes let him down, but he enjoyed having the freedom to roam high up the pitch. Reuters
  • Phil Foden, 8 - The 20-year-old showed his skill and creativity throughout the game. He was unlucky to see what looked like a perfectly good goal ruled out for offside, but he provided a perfect assist for Stones’ goal. AP
    Phil Foden, 8 - The 20-year-old showed his skill and creativity throughout the game. He was unlucky to see what looked like a perfectly good goal ruled out for offside, but he provided a perfect assist for Stones’ goal. AP
  • Riyad Mahrez, 6 - A quieter performance for the Algerian, though he was asked to play more centrally and found it hard to get involved. However, he nearly scored from a long-range shot, which was only just tipped over by Henderson. AFP
    Riyad Mahrez, 6 - A quieter performance for the Algerian, though he was asked to play more centrally and found it hard to get involved. However, he nearly scored from a long-range shot, which was only just tipped over by Henderson. AFP
  • Raheem Sterling, 8 - He displayed the customary trickery and skill, and provided a series of through balls. A very good performance from the winger who was one of the best players on the pitch, even though he was given a tough game by Luke Shaw. Reuters
    Raheem Sterling, 8 - He displayed the customary trickery and skill, and provided a series of through balls. A very good performance from the winger who was one of the best players on the pitch, even though he was given a tough game by Luke Shaw. Reuters
  • Kevin De Bruyne, 8 - Another great performance from the Belgian. He showed superior strength and skill throughout, and was unlucky to see his long-range shot bounce off the left post. AFP
    Kevin De Bruyne, 8 - Another great performance from the Belgian. He showed superior strength and skill throughout, and was unlucky to see his long-range shot bounce off the left post. AFP
  • SUB: Rodri, N/A - Brought on late by Guardiola to help steady the game, he made no real impact. AFP
    SUB: Rodri, N/A - Brought on late by Guardiola to help steady the game, he made no real impact. AFP

Pogba 6, Shaw 7; Sterling 8, Foden 8: Manchester United v City semi-final player ratings


  • English
  • Arabic

Manchester City reached their fourth straight League Cup final as second-half goals from John Stones and Fernandinho gave Pep Guardiola's side a 2-0 win over Manchester United in the semi-final at Old Trafford.

City will meet Jose Mourinho's Tottenham Hotspur at Wembley in the April 25 final as they seek their fourth League Cup triumph in a row.

It was an open and entertaining game with City looking sharper but United competitive as they sought revenge for last year's defeat by their neighbours at the same stage of the competition.

City went ahead five minutes after the break when Phil Foden whipped in a free kick from the left through a crowded box and defender Stones bundled a cross home at the back post, the ball going in off his thigh.

Fernandinho made sure of the win seven minutes from time with a stunning volley as he pounced on a headed clearance from Aaron Wan-Bissaka.

United have now lost at the semi-final stage in their last four Cup campaigns, leaving manager Ole Gunnar Solskjaer still searching for his first final since taking over at the club.

"We're getting closer. This is a much better version of United than a year ago in those semis," said the Norwegian.

"It's not psychological, sometimes you meet good teams in the semis. City are probably the best team in England at the moment."

Player ratings from the match can be seen in the gallery above. To view the next image, click on the arrows or swipe on the picture.

Meydan card

6.30pm: Al Maktoum Challenge Round-1 (PA) Group 1 US$65,000 (Dirt) 1,600m
7.05pm: Conditions (TB) $100,000 (Turf) 1,400m
7.40pm: UAE 2000 Guineas Trial (TB) $100,000 (D) 1,600m
8.15pm: Handicap (TB) $175,000 (T) 1,200m
8.50pm: Al Maktoum Challenge Round-1 (TB) Group 2 $350,000 (D) 1,600m
9.25pm: Handicap (TB) $175,000 (D) 1,900m
10pm: Handicap (TB) $135,000 (T) 1,600m

BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5

UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2)
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Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

The bio

His favourite book - 1984 by George Orwell

His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard

Favourite place to travel to - Peloponnese, Southern Greece

Favourite movie - The Last Emperor

Favourite personality from history - Alexander the Great

Role Model - My father, Yiannis Davos

 

 

The specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
MATCH INFO

English Premiership semi-finals

Saracens 57
Wasps 33

Exeter Chiefs 36
Newcastle Falcons 5

The%20specs%20
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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.”

PLAY-OFF%20DRAW
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About Proto21

Date started: May 2018
Founder: Pir Arkam
Based: Dubai
Sector: Additive manufacturing (aka, 3D printing)
Staff: 18
Funding: Invested, supported and partnered by Joseph Group

A Long Way Home by Peter Carey
Faber & Faber

MATCH INFO

Champions League last 16, first leg

Tottenham v RB Leipzig, Wednesday, midnight (UAE)

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Turning%20waste%20into%20fuel
%3Cp%3EAverage%20amount%20of%20biofuel%20produced%20at%20DIC%20factory%20every%20month%3A%20%3Cstrong%3EApproximately%20106%2C000%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EAmount%20of%20biofuel%20produced%20from%201%20litre%20of%20used%20cooking%20oil%3A%20%3Cstrong%3E920ml%20(92%25)%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ETime%20required%20for%20one%20full%20cycle%20of%20production%20from%20used%20cooking%20oil%20to%20biofuel%3A%20%3Cstrong%3EOne%20day%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EEnergy%20requirements%20for%20one%20cycle%20of%20production%20from%201%2C000%20litres%20of%20used%20cooking%20oil%3A%3Cbr%3E%3Cstrong%3E%E2%96%AA%20Electricity%20-%201.1904%20units%3Cbr%3E%E2%96%AA%20Water-%2031%20litres%3Cbr%3E%E2%96%AA%20Diesel%20%E2%80%93%2026.275%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A
Uefa Champions League play-off

First leg: Wednesday, 11pm (UAE)
Ajax v Dynamo Kiev

Second leg: Tuesday, August 28, 11pm (UAE)
Dynamo Kiev v Ajax

What is an ETF?

An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.

There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.

The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.

There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.

While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash. 

Results:

Men’s wheelchair 200m T34: 1. Walid Ktila (TUN) 27.14; 2. Mohammed Al Hammadi (UAE) 27.81; 3. Rheed McCracken (AUS) 27.81.

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European arms

Known EU weapons transfers to Ukraine since the war began: Germany 1,000 anti-tank weapons and 500 Stinger surface-to-air missiles. Luxembourg 100 NLAW anti-tank weapons, jeeps and 15 military tents as well as air transport capacity. Belgium 2,000 machine guns, 3,800 tons of fuel. Netherlands 200 Stinger missiles. Poland 100 mortars, 8 drones, Javelin anti-tank weapons, Grot assault rifles, munitions. Slovakia 12,000 pieces of artillery ammunition, 10 million litres of fuel, 2.4 million litres of aviation fuel and 2 Bozena de-mining systems. Estonia Javelin anti-tank weapons.  Latvia Stinger surface to air missiles. Czech Republic machine guns, assault rifles, other light weapons and ammunition worth $8.57 million.

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

RESULTS

5pm: Maiden (PA) Dh80,000 1,600m
Winner: Raghida, Szczepan Mazur (jockey), Ibrahim Al Hadhrami (trainer)
5.30pm: Maiden (PA) Dh80,000 1,600m
Winner: AF Alareeq, Connor Beasley, Ahmed Al Mehairbi
6pm: Arabian Triple Crown Round-2 Group 3 (PA) Dh300,000 2,200m 
Winner: Basmah, Fabrice Veron, Eric Lemartinel
6.30pm: Liwa Oasis Group 2 (PA) Dh300,000 1,400m
Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,600m
Winner: SS Jalmod, Richard Mullen, Satish Seemar
7.30pm: Handicap (TB) Dh100,000 1,600m
Winner: Trolius, Ryan Powell, Simon Crisford

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Company profile: buybackbazaar.com

Name: buybackbazaar.com

Started: January 2018

Founder(s): Pishu Ganglani and Ricky Husaini

Based: Dubai

Sector: FinTech, micro finance

Initial investment: $1 million

Match info

Who: India v Afghanistan
What: One-off Test match, Bengaluru
When: June 14 to 18
TV: OSN Sports Cricket HD, 8am starts
Online: OSN Play (subscribers only)

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

Results

3pm: Handicap (PA) Dh40,000 (Dirt) 1,000m; Winner: Dhafra, Antonio Fresu (jockey), Eric Lemartinel (trainer)

3.30pm: Maiden (PA) Dh40,000 (D) 2,000m; Winner: Al Ajayib, Antonio Fresu, Eric Lemartinel

4pm: Handicap (PA) Dh40,000 (D) 1,700m; Winner: Ashtr, Abdul Aziz Al Balushi, Majed Al Jahouri

4.30pm: Handicap (TB) Dh40,000 (D) 1,700m; Winner: Falcon Claws, Szczepan Mazur, Doug Watson

5pm: Sheikh Dr Sultan bin Khalifa Al Nahyan Cup – Prestige Handicap (PA) Dh100,000 (D) 1,700m; Winner: Al Mufham SB, Al Moatasem Al Balushi, Badar Al Hajri

5.30pm: Sharjah Marathon – Handicap (PA) Dh70,000 (D) 2,700m; Winner: Asraa Min Al Talqa, Al Moatasem Al Balushi, Helal Al Alawi