Manchester United manager Ole Gunnar Solskjaer with Juan Mata after the Europa League quarter-final win over Granada. Reuters
Manchester United manager Ole Gunnar Solskjaer with Juan Mata after the Europa League quarter-final win over Granada. Reuters
Manchester United manager Ole Gunnar Solskjaer with Juan Mata after the Europa League quarter-final win over Granada. Reuters
Manchester United manager Ole Gunnar Solskjaer with Juan Mata after the Europa League quarter-final win over Granada. Reuters

Ole Gunnar Solskjaer ready for Roma reunion as Manchester United reach Europa League semi-finals


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Ole Gunnar Solskjaer is looking to end the season on a high after Manchester United set up a Europa League semi-final against Roma.

Marcus Rashford's strike and a late Bruno Fernandes penalty in the first leg in Granada last week put the United in control of their quarter-final tie against the European debutants.

United followed that with another 2-0 win on Thursday, when Edinson Cavani's early volley and a late Jesus Vallejo own goal sealed a 4-0 aggregate triumph and the club's 18th continental semi-final.

Roma stand between Solskjaer's side and the Gdansk finale.

United scored a remarkable 8-3 aggregate triumph against the Italian side in the 2007 Champions League quarter-finals.

Solskjaer was involved in both legs and the current Giallorossi side includes Henrikh Mkhitaryan and Chris Smalling, who were starters when United won the Europa League in 2017.

"We lost the away game but the odd thing was the manager [Sir Alex Ferguson] was so happy after that defeat. I've never seen him that happy after losing a game," Solskjaer said.

"He was so confident we were going to win the home game so surreal experience, really.

"We need to make the most of it. We've got a chance to go to a final. Today, well done. Disciplined job, professional and not really under too much pressure."

Solskjaer in 2017 provided an assist in the 2-1 away loss before coming in off the bench in the 7-1 Old Trafford triumph. He is hoping to make it fifth time lucky after United fell short in four semi-finals across last season and this.

"Let's hope so," said the Norwegian, who is looking for his first trophy in charge. "You know, when you get to a semi, that's the nature of the game. You're playing against good teams.

"We played against some good teams but we relish the chance again to go to a final. I've seen the determination, the attitude in every player that we want to go one further.

"The disappointment of the defeats that we've had, they give us the motivation to go one step further and hopefully end the season on a high."

Paul Pogba skippered the side in the absence of suspended Harry Maguire and provided a smart assist for Cavani's opener. But the midfielder was replaced at the end of a first half in which Granada called for him to receive a second booking.

"I didn't want to risk a scenario where he went into a tackle and was a bit late," Solskjaer said. "I thought he went in fairly, won a few, got a couple of fouls against him, which I didn't think were fouls.

"So there was no point risking him and Donny (van de Beek) needed a game and he did well. But Paul's a leader on and off the pitch. I've got quite few of them."

Granada manager Diego Martinez felt Pogba should have been sent off for a second bookable offence midway through the first half but pride was his overriding post-match emotion.

"We weren't clinical enough," he said after their maiden European campaign ended in the quarter-finals. "I think we deserved a goal today and in the first match. We have great values.

"We're a team who, as you'll have seen, went out with our heads held high and competing until the last second, and in that sense I take my hat off to them.

"A quarter-final of the Europa League against United at Old Trafford is tremendous."

Labour dispute

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- Abdullah Ishnaneh, Partner, BSA Law 

Armies of Sand

By Kenneth Pollack (Oxford University Press)
 

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

RESULT

Argentina 0 Croatia 3
Croatia: 
Rebic (53'), Modric (80'), Rakitic (90' 1)

TICKETS

Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.

Padmaavat

Director: Sanjay Leela Bhansali

Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh

3.5/5

Places to go for free coffee
  • Cherish Cafe Dubai, Dubai Investment Park, are giving away free coffees all day. 
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The Lowdown

Kesari

Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra

 

Business Insights
  • 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. 
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Fight card
  • Aliu Bamidele Lasisi (Nigeria) beat Artid Vamrungauea (Thailand) POINTS
  • Julaidah Abdulfatah (Saudi Arabia) beat Martin Kabrhel (Czech Rep) POINTS
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GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

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

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2.30pm: Handicap (TB) Dh68,000 (D) 1,200m, Winner: Honourable Justice, Royston Ffrench, Salem bin Ghadayer

3pm: Handicap (TB) Dh84,000 (D) 1,200m, Winner: Dahawi, Antonio Fresu, Musabah Al Muhairi

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4.30pm: Handicap (TB) Dh68,000 (D) 1,600m, Winner: Habah, Pat Dobbs, Doug Watson

'Peninsula'

Stars: Gang Dong-won, Lee Jung-hyun, Lee Ra

Director: ​Yeon Sang-ho

Rating: 2/5

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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.”

UAE currency: the story behind the money in your pockets
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