Sergio Aguero overtakes Thierry Henry on record-breaking day to help Manchester City thrash Aston Villa


Richard Jolly
  • English
  • Arabic

It is nearly eight years since Sergio Aguero scored the most dramatic goal in Premier League history. Now he has overtaken arguably the division’s greatest player. The milestones keep coming for Manchester City’s record scorer and, by scoring his record 12th Premier League hat-trick, he sped past Thierry Henry to become the most prolific foreigner English football has seen.

Consider the galaxy of talent that has been imported in the past three decades and it is some feat. Aguero scored twice on his debut against Swansea in 2011. He went one better with a treble to reach 177 goals on Sunday in a 6-1 thrashing of Aston Villa.

He has been a byword for clinical brilliance but other arrivals from overseas excelled as Manchester City overwhelmed Aston Villa. Kevin de Bruyne got closer to another of Henry’s records, of 20 assists in a season, by reaching 14. Riyad Mahrez scored twice to pave the way for Aguero’s landmark goal. Gabriel Jesus added a slick fourth and City completed a wonderful week with a famous scoreline for them: 6-1.

Eviscerating Manchester United matters more but a clinical demolition of Villa enabled them to leapfrog Leicester and claim second place. They may not catch Liverpool, but it has been a pair of games to show their pursuit of excellence continues and that their best is enviably good.

They could afford to rest Raheem Sterling and Bernardo Silva but, if Villa were relieved when they saw the teamsheet, such feelings disappeared before half-time.

It was a dreadful day for Dean Smith’s side, who must wonder if they want to reach the Carabao Cup final if it entails a rematch with City. Plunged into the bottom three by Watford’s win over Bournemouth, they performed in a manner to suggest they will stay there.

There were mitigating circumstances, as injury-hit Villa lined up without a specialist striker and with their second-choice goalkeeper after the season-ending injuries to Wesley and Tom Heaton. Orjan Nyland is unlikely to forget his first Premier League start. He conceded six times and the watching Pepe Reina, who is soon to sign, should expect to be busy.

Nyland was culpable, although he was not alone in that. He probably ought to have prevented Aguero’s first goal, when the striker let fly from 25 yards. It was, though, a sign the penalty-box poacher supreme has plenty in his repertoire. He passed Henry in more familiar fashion. He evaded three defenders before firing a shot into the bottom corner of the net. He beat Alan Shearer’s best of 11 hat-tricks with a rifled finish.

Perhaps it was an advertisement of the merits of the striker. Pep Guardiola had begun without any at Old Trafford. Here he fielded two, albeit with Jesus operating off the left.

City showed there are different forms of potency; having gone in at half-time 3-0 up against United, they went one better by leading 4-0 at the break. The recalled Aguero contributed to each of the first three. Jesus scored the fourth, supplying a first-time finish to a typical curling cross from De Bruyne. But for a goal-line clearance from Tyrone Mings, he would have scored twice.

The initial scourge of Villa, however, was Mahrez. His seven-minute double amounted to a disaster for Danny Drinkwater, his former Leicester team-mate who had a dismal Villa debut. Mahrez accepted Aguero’s pass, darted forward, evaded Drinkwater all too easily and rolled a shot inside the near post.

The Algerian’s second was a predatory finish, facilitated by Drinkwater. He cut out Aguero’s cross, only to be caught dawdling on the ball in the box by David Silva. He found Mahrez, who did the rest. He was only the warm-up act. Aguero’s treble took him past Henry and level with Frank Lampard. Only Shearer, Wayne Rooney and Andy Cole are ahead of him now. And, despite Anwar El Ghazi’s injury-time penalty, only Bournemouth and Norwich are below Villa.

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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.”

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Matthew Weiner,
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UAE currency: the story behind the money in your pockets
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

PROFILE OF CURE.FIT

Started: July 2016

Founders: Mukesh Bansal and Ankit Nagori

Based: Bangalore, India

Sector: Health & wellness

Size: 500 employees

Investment: $250 million

Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)

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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.

Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara

UAE currency: the story behind the money in your pockets
Where to apply

Applicants should send their completed applications - CV, covering letter, sample(s) of your work, letter of recommendation - to Nick March, Assistant Editor in Chief at The National and UAE programme administrator for the Rosalynn Carter Fellowships for Mental Health Journalism, by 5pm on April 30, 2020

Please send applications to nmarch@thenational.ae and please mark the subject line as “Rosalynn Carter Fellowship for Mental Health Journalism (UAE programme application)”.

The local advisory board will consider all applications and will interview a short list of candidates in Abu Dhabi in June 2020. Successful candidates will be informed before July 30, 2020. 

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Analysis

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