Brazilian Neymar takes part in a training session at the squad's Granja Comary training complex in Teresopolis, Brazil on Sunday, June 15, 2014. Ari Versiani / AFP
Brazilian Neymar takes part in a training session at the squad's Granja Comary training complex in Teresopolis, Brazil on Sunday, June 15, 2014. Ari Versiani / AFP

Neymar has new haircut, Colombia have new dance, Van Persie has new meme



Hair raising Neymar

Brazil star Neymar clearly isn’t superstitious when it comes to his hair. After scoring twice in the opening World Cup win, Neymar showed up with a new style at the squad’s training session yesterday. So did left back Dani Alves, his Barcelona teammate. Neymar’s head was shaved on the sides, with the front dyed blond. Alves’ shorter cut had a greyish tinge to it. Neymar has been known to constantly change his hairstyle during tournaments. Alves also shows up with different haircuts from time to time. Brazil will play their second World Cup match against Mexico tomorrow in the northeastern city of Fortaleza.

Colombia dance craze

Pablo Armero may have scored Colombia’s first goal at these finals but he is more likely to be remembered in years to come for his touchline celebratory jig. The flying Napoli wing-back gave a demonstration of his own personal dance celebration he developed during his days with Brazil’s Palmeiras, known as the Armeration. The frantic jiggle was something Armero came up with in tribute to the dance moves performed by Samba-reggae group Parangole in their hit single Rebolation. Armero adopted his arm-waving waltz in response to a dance performed by the likes of Robinho and Neymar to celebrate their goals for Santos, Palmeiras’s Sao Paulo-based rivals.

Drones bother France

France coach Didier Deschamps has said Fifa will look into claims one of his side’s training sessions was disrupted by a drone flying overhead earlier this week. The incident is believed to have taken place on Tuesday at France’s World Cup training camp in Ribeirao Preto, north of Sao Paulo, as they prepared for their opening match against Honduras in Porto Alegre. “Apparently drones are used more and more,” said Deschamps, who was captain of the national team when France won their only World Cup in 1998. “We don’t want intrusion into our privacy. It’s hard to fight. It’s not up to me – Fifa handles this and has been carrying out an inquiry.”

Angry Croatians

Croatia’s players are refusing to talk to World Cup reporters after photos were published of them bathing nude in the team’s swimming pool, coach Niko Kovac said. Two photographers hid in the nearby bushes and took the pictures which were published by online media. “I can’t force them to be at your disposal after what you have done to them and their families,” an angry Kovac told reporters in the team’s Praia do Forte training base. “How would you feel if someone took naked pictures of you? They are adamant that they won’t speak to you lot anymore and I don’t know whether the silence will end tomorrow or last until the end of our World Cup campaign.”

Van Persie-ing

First there was planking and Tebowing. Now a spectacular goal has spawned “Persieing”. In what is sure to be one of the goals of the tournament in Brazil, Netherlands captain Robin van Persie flung himself at a long pass and headed the ball over Spain goalkeeper Iker Casillas to level the score at 1-1 in the Group B opener. The Netherlands went on to win 5-1 in one of the shocks of the tournament. The flying Dutchman’s momentum sent him sliding on his belly across the damp turf of Salvador’s Arena Fonte Nova, his arms stretched out to either side. Fans wasted no time photographing themselves – and even their babies – in similar poses and posting them online, giving birth to the Persieing meme.

Ominous silence

France and Honduras streamed onto the pitch as usual, greeted by a massive roar. But as players took their positions, it become clear something was missing: the singing of the national anthems.

The Group E match kicked off at Estadio Beira-Rio in Porto Alegre on Sunday without the anthems being played over the stadium speakers. Fifa did not provide an immediate explanation for why the songs weren’t played.

All international football matches, friendlies included, typically begin with national anthems – with French fans always giving a rousing rendition of “La Marseillaise” before the team’s games.

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BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES

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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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Founder: Omar Onsi

Launched: 2018

Employees: 35

Financing stage: Seed round ($12 million)

Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners

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Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
F1 drivers' standings

1. Lewis Hamilton, Mercedes 281

2. Sebastian Vettel, Ferrari 247

3. Valtteri Bottas, Mercedes 222

4. Daniel Ricciardo, Red Bull 177

5. Kimi Raikkonen, Ferrari 138

6. Max Verstappen, Red Bull 93

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8. Esteban Ocon, Force India 56

THE BIO

Ms Davison came to Dubai from Kerala after her marriage in 1996 when she was 21-years-old

Since 2001, Ms Davison has worked at many affordable schools such as Our Own English High School in Sharjah, and The Apple International School and Amled School in Dubai

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Mia Man’s tips for fermentation

- Start with a simple recipe such as yogurt or sauerkraut

- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.

- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.

- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.

 

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