Real Madrid's Spanish coach Rafa Benitez prior to the Spanish Primera Division soccer match played against Valencia CF at Mestalla stadium in Valencia, eastern Spain, 03 January 2016. Benitez was sacked as Real Madrid coach on 04 January and replaced by the coach of the reserve team, Zinedine Zidane, as the club announced. EPA/BIEL ALINO
Real Madrid's Spanish coach Rafa Benitez prior to the Spanish Primera Division soccer match played against Valencia CF at Mestalla stadium in Valencia, eastern Spain, 03 January 2016. Benitez was sackShow more

Rafa Benitez waits in the wings as Steve McClaren’s time at Newcastle looks over



Steve McClaren's ill-fated reign as Newcastle United manager finally appeared to be drawing to a close as the club closed in on potential successor Rafael Benitez.

A grim-faced McClaren left the club’s Darsley Park training headquarters on Thursday afternoon after working with his players for a third successive day following a deeply damaging 3-1 home defeat by Bournemouth on Saturday.

Perhaps significantly, he departed shortly after 2pm, some two hours earlier than he had exited on both Tuesday and Wednesday.

Read more:

Poll: If Steve McClaren is sacked at Newcastle, which manager should replace him?

Podcast: Team Talk podcast: Discussing two managers under pressure – McClaren at Newcastle and Arsenal's Wenger – Ep 18

Comment: Steve McClaren has failed: Newcastle United are too good, and expensive, to be this low

Earlier in the day, reports from Spain had suggested intermediaries working on the club’s behalf were in advanced talks over a three-year deal with Spaniard Benitez, who was sacked by Real Madrid in January.

However, Press Association Sport understands talk of scheduled meetings on Thursday between managing director Lee Charnley and Benitez, as well as between Charnley and McClaren, was wide of the mark.

Premier League clubs are required to hold a press conference before each game and the Magpies have yet to confirm arrangements ahead of Monday night’s trip to Leicester amid the ongoing uncertainty.

There was no official comment from the club as the saga over the former England manager’s situation rumbled into a fifth day, and it is understood that a resolution one way or the other was unlikely to be reached until Friday at the earliest.

An increasingly unseemly soap opera has left McClaren, who spoke to Charnley by telephone on Wednesday afternoon, in a seemingly untenable position as he prepares his players for the clash with the league leaders, not knowing if he will make it to the dugout at the King Power Stadium.

He has looked likely to be moving on ever since the other three members of Newcastle’s football board - Charnley, chief scout Graham Carr and club ambassador Bob Moncur - met in his absence on Monday with the club deep in relegation trouble.

With the Benitez camp indicating a willingness to accept both the short-term challenge of keeping the club in the top flight and a longer-term project, the situation was coming to a head.

McClaren has been forced to play a waiting game as the fine detail has been thrashed out, and as late as Thursday afternoon, sources close to the Yorkshireman were urging caution on reports of his impending exit.

There was support too from January signing Jonjo Shelvey, who was appointed captain by McClaren in the absence of the injured Fabricio Coloccini.

Shelvey told Sky Sports News: “It’s nice to know what Steve thinks of me and I think a lot of him also.

“It’s a sticky situation that we’re in at the minute and he’s at the forefront of it, which he doesn’t deserve, to be honest. But it is what it is and we’ve just got to play for him while he is still in charge. Hopefully he is still in charge and we can win on Monday night.”

It was the manner, rather than the fact, of Saturday’s defeat which set alarm bells ringing on Tyneside as a team reinforced by an £82 million-plus (Dh430.9m) investment since the new head coach’s summer arrival capitulated tamely under his charge once again.

Should the job pass to Benitez, who has expressed an interest in the Newcastle job more than once in the recent past, he will have 10 games in which to revitalise a squad paralysed by a toxic mix of fear of failure and a lack of both defensive resilience and goals.

A second relegation in seven years would be a footballing disaster for a club who have spent so heavily during the last two transfer windows, in part to avoid just such a scenario.

Missing out on a share of the new £5.14 billion broadcasting deal which comes into force at the start of next season is simply not an acceptable option for owner Mike Ashley. That, however, looks a distinct possibility if something does not change and change quickly.

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COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

'Lost in Space'

Creators: Matt Sazama, Burk Sharpless, Irwin Allen

Stars: Molly Parker, Toby Stephens, Maxwell Jenkins

Rating: 4/5

Company profile


Name: Khodar
Based: Cairo and Alexandria, in Egypt
Founders: Ayman Hamza, Yasser Eidrous and Amr El Sheikh
Sector: agriculture technology
Funding: $500,000
Investors: Saudi Arabia’s Revival Lab and others
Employees: 35

UAE athletes heading to Paris 2024

Equestrian
Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).


Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).


Cycling
Safia Al Sayegh (women's road race).

Swimming
Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics
Maryam Mohammed Al Farsi (women's 100 metres).

'The Sky is Everywhere'

Director:Josephine Decker

Stars:Grace Kaufman, Pico Alexander, Jacques Colimon

Rating:2/5

EMILY IN PARIS: SEASON 3

Created by: Darren Star

Starring: Lily Collins, Philippine Leroy-Beaulieu, Ashley Park

Rating: 2.75/5

Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

At Eternity’s Gate

Director: Julian Schnabel

Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen

Three stars

10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

Top 10 most competitive economies

1. Singapore
2. Switzerland
3. Denmark
4. Ireland
5. Hong Kong
6. Sweden
7. UAE
8. Taiwan
9. Netherlands
10. Norway

Dengue fever symptoms

High fever (40°C/104°F)
Severe headache
Pain behind the eyes
Muscle and joint pains
Nausea
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Rash

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 Lowdown

Us

Director: Jordan Peele

Starring: Lupita Nyong'o, Winston Duke, Shahadi Wright Joseqph, Evan Alex and Elisabeth Moss

Rating: 4/5

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

MEDIEVIL (1998)

Developer: SCE Studio Cambridge
Publisher: Sony Computer Entertainment
Console: PlayStation, PlayStation 4 and 5
Rating: 3.5/5

Sly Cooper and the Thievius Raccoonus

Developer: Sucker Punch Productions
Publisher: Sony Computer Entertainment
Console: PlayStation 2 to 5
Rating: 5/5

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

The Bio

Amal likes watching Japanese animation movies and Manga - her favourite is The Ancient Magus Bride

She is the eldest of 11 children, and has four brothers and six sisters.

Her dream is to meet with all of her friends online from around the world who supported her work throughout the years

Her favourite meal is pizza and stuffed vine leaves

She ams to improve her English and learn Japanese, which many animated programmes originate in


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