Sunderland goalkeeper Simon Mignolet, below, stopped Tottenham’s Gareth Bale this time but Bale would score later on.
Sunderland goalkeeper Simon Mignolet, below, stopped Tottenham’s Gareth Bale this time but Bale would score later on.
Sunderland goalkeeper Simon Mignolet, below, stopped Tottenham’s Gareth Bale this time but Bale would score later on.
Sunderland goalkeeper Simon Mignolet, below, stopped Tottenham’s Gareth Bale this time but Bale would score later on.

Gareth Bale magic is not enough for Tottenham Hotspur


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LONDON // TypicalTottenham. Once that would have meant a flaky collapse or buckling when the pressure was on. These days, it means a battling performance and a win sealed in the closing minutes by a brilliant goal from Gareth Bale.

It wasn't enough, though, since Arsenal's win at Newcastle meant they took the fourth Champions League qualifying spot.

So Tottenham finish fifth, one place worse than they did last season. Andre Villas-Boas's critics will use that as a stick with which to beat him, but Spurs collected three more points this season that they did last, and no side in a 20-team Premier League has ever achieved more than the 72 points they amassed and failed to finish in the top four.

"We would have ideally achieved the fourth spot, we did enough to deserve it," said Villas-Boas. "But in the end, moving forward is where we want to be."

After the departures of last summer - Luka Modric, Rafael van der Vaart, Vedran Corluka, Niko Kranjcar and Ledley King all leaving - there is a sense of a new team coming together, and if Bale stays, there is no reason they cannot improve next season.

In the end, Champions League football was lost in the back-to-back defeats that followed the victory over Arsenal in March - had they signed another forward in January, who knows what might have been possible.

Still, this wasn't a capitulation: Spurs took 18 points from their final eight games; it's just that Arsenal were relentless.

The big question, of course, is whether Bale will stay - Villas-Boas was adamant that he will. "If you want to develop the team, you have to keep hold of your best assets," he said.

Bale is importance to Spurs - not that it was in doubt after a year in which he was named Players' and Football Writers' Player of the Year, which was underlined again Sunderland.

At times, it seemed a straight fight between Bale and Sunderland's Simon Mignolet - comfortably their player of the season - a contest Bale eventually won with yet another trademark goal. Drifting in from the left with a little over a minute remaining, he thrashed a shot into the top corner from 25 yards.

That ended a siege that Sunderland had, improbably, seemed capable of withstanding. Their goal had been pounded with shot after shot, but Mignolet stood firm and defenders, admirably committed given how little was riding on the game for Sunderland, hurled themselves into blocks.

Twice Spurs should have had penalties.

The first came in the first half when Sebastian Larsson pulled at Bale's sleeve, an incident that, absurdly, earned the Wales international a booking for diving - his second of the season and the third of his career against Sunderland.

The second was even more ludicrous, with Carlos Cuellar slipping as he charged down a shot from Emmanuel Adebayor and beating the ball away with his hands.

Jack Colback cleared off the line from Scott Parker and then deflected Aaron Lennon's follow-up against the post, but after David Vaughan had become the third Sunderland player sent off in Paolo Di Canio's seven games in charge, the waves of Spurs pressure became intolerable.

Bale, at times, seems almost to be awaiting his moment, scoring his best goals at the moments of the highest possible drama. It brought another victory and a record points tally - but not Champions League qualification.

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

UAE tour of Zimbabwe

All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I

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Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind

Bournemouth 0

Manchester United 2
Smalling (28'), Lukaku (70')

How tumultuous protests grew
  • A fuel tax protest by French drivers appealed to wider anti-government sentiment
  • Unlike previous French demonstrations there was no trade union or organised movement involved 
  • Demonstrators responded to online petitions and flooded squares to block traffic
  • At its height there were almost 300,000 on the streets in support
  • Named after the high visibility jackets that drivers must keep in cars 
  • Clashes soon turned violent as thousands fought with police at cordons
  • An estimated two dozen people lost eyes and many others were admitted to hospital 
Tree of Hell

Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

Rating: 4/5

The specs

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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.”

The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre

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UAE currency: the story behind the money in your pockets
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  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
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MATCH INFO

Champions League quarter-final, first leg

Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)

Matches can be watched on BeIN Sports