Javier Pastore, the Argentinian forward, chose to join PSG from Palermo in a €45 million deal, a move that surprised many.
Javier Pastore, the Argentinian forward, chose to join PSG from Palermo in a €45 million deal, a move that surprised many.
Javier Pastore, the Argentinian forward, chose to join PSG from Palermo in a €45 million deal, a move that surprised many.
Javier Pastore, the Argentinian forward, chose to join PSG from Palermo in a €45 million deal, a move that surprised many.

Olympique effort to match Paris Saint-Germain


Ian Hawkey
  • English
  • Arabic

It is eight months since the last Olympique Marseille versus Paris Saint-Germain collision in Ligue 1. Viewed from Provence and from the French capital, that seems an eternity ago, because so much has changed in the balance of power in French football.

Back in March, OM were defending the domestic title and were favourites for a second successive one. Meanwhile, within PSG, only a few of the executives knew quite how advanced were talks for a takeover of their club by a Qatari sovereign fund.

The spiciest clash in French football generated plenty of noise and local hype, but once Marseille had won 2-1 at the Stade Velodrome, the winners' attentions quickly turned elsewhere. Their bid to win Ligue 1 would be thwarted not by their traditional rivals, but by Lille.

If the meeting of the biggest clubs from France's two largest cities has attracted over the past 40 years a fame and ferocity that makes it the game television schedulers look for first when the fixture list is published, in the past 15 years, it has scarcely been the most relevant match for the destination of the league crown.

OM's 2010 title was their first since 1992; PSG have not won the league since 1994.

Barring an improbable surge and a distinct shift in morale, Marseille will not be winning it this season.

If PSG do not, their new owners will ask: "Why not?" The transfer spending by PSG in the first summer window since the Qatari takeover totalled just under €90 million (Dh445.5m), a record outlay by any French club.

Top of Ligue 1, where PSG sit this morning, seems obligatory, and the main requirement of Antoine Kombouare, the head coach, sometimes appears simply to focus his team on the immediate, match-by-match challenges, rather than let them be distracted by the glittering longer-term future promised by the new wealth and ambition in the boardroom.

The player creating most buzz ahead of tomorrow night's showdown is not Javier Pastore, the €45m Argentine signed from Palermo in Italy and delighting supporters with the sophistication of his touch, but David Beckham, a declared priority target for PSG in January.

That says a lot not just about the enduring resonance of Beckham's name - and his admirable capacity to maintain fitness and his special technical fortes in his late 30s - but of how Ligue 1 thinks of itself.

It has become so accustomed to the finest French footballers departing to Spain, England, Italy or Germany to pursue their careers, and the assumption that talented Africans and South Americans, who make Ligue 1 their first port of call in Europe, will do the same, that the idea of young prospects such as Pastore choosing Paris still provokes a baffled, "pinch me, am I dreaming?" reaction.

PSG are patently impatient to have Beckham appear at a news conference, in their colours, and announce he believes their club can one day establish a presence in the Champions League like those of his previous employers, Manchester United, Real Madrid and AC Milan.

The offer being prepared for the former England captain, whose contract with LA Galaxy of the MLS terminates next month, is worth over €10m for an 18 months in which Beckham, who turns 38 in May 2013, would be unlikely to start more than half the games.

In Marseille, they watch these Parisian pageants with envy for the resources available to their rivals and anxiety that a Pastore-inspired juggernaut might run them over at the Velodrome. OM, defeated in midweek by Olympiakos in the Champions League, are struggling, the latest symptom a heated row between Didier Deschamps, the coach, and Andre-Pierre Gignac, the striker. Gignac will probably now leave in January, while Deschamps is on thin ice, too.

Italy - Serie A

Alessandro Del Piero, Italy’s most illustrious substitute, could make his 700th professional club appearance tonight when joint leaders Lazio and Juventus clash at the Olympic Stadium. Both teams have 22 points although Juventus, who defend Serie A’s

only unbeaten record, have played 10 games to Lazio's 11.
Del Piero has played only a bit part for Juventus this season, the 36 year old often making late cameo appearances as Antonio Conte, the coach, rebuilds the side following two successive seventh-place finishes. The former Italy forward, who played 103 times for his country, made his first 14 club appearances with Padova in 1992 but the rest have been with Juve

Germany - Bundesliga

Borussia Dortmund, the defending champions, go into today’s home derby against Schalke with a string of injuries that could hamper their bid to catch Bayern Munich, the Bundesliga leaders.

Dortmund, who cut the gap to two points with a 1-0 victory at Bayern last weekend, will be without Sven Bender after the holding midfielder broke his jaw in the 2-1 defeat by Arsenal in the Champions League on Wednesday.

Mario Goetze, their playmaker, could also miss the meeting after picking up a knock against Arsenal.

“Dortmund will be without Bender until January,” the club said after the 22 year old underwent a three-hour operation in London. “Goetze’s derby participation is also in doubt [but] the medical staff are hoping he can be fit for Saturday.”

The champions are already without Neven Subotic as the central defender is recovering from a broken cheekbone.

Spain - Primera Liga

Atletico Madrid are ready to throw off the gloves and get ugly if that is what it takes to grind out a result against city rivals Real for the first time in more than a decade, according to Gregorio Manzano, their coach.

Claudio Ranieri was the last man in charge at the Spanish capital's second club to savour victory over Real, back in 1999.
Although their chances of an upset at the Bernabeu tonight appear remote, with Real on a run of 12 successive wins in all competitions, Manzano was in combative mood in an interview with in As sports.

“Playing attractive, open and joyous football does not help you in the slightest if in the end you don’t achieve your objective, which is to win,” Manzano said.

“We have to play a closed, ugly, harsh game, not devoid of quality but not being little sisters of pity, either.”

Holland - Eredivisie

Frank de Boer, the Ajax coach, has rallied behind a beleaguered Johan Cruyff ahead of this weekend’s trip to NEC Nijmegen. Cruyff has this week come under fire for allegedly directing a racist remark towards Edgar Davids, his fellow supervisory board member.

The former Holland playmaker, who has denied any wrongdoing, is also at the centre of a split in the supervisory board over the appointment of Louis van Gaal as the general director. On top of that, members of the Ajax board – a separate committee to the supervisory board – confirmed last weekend they had relinquished their posts immediately.

De Boer is hoping Cruyff, 64, retains a role at Ajax. He said: “I use the Ajax philosophy of powerful playmaking, quick pressure, dominant football. That’s the philosophy of Johan Cruyff. Johan and I ... are on the same wavelength on many things. Club icons – at any club – need to be preserved.”

Scotland - SPL

Hibernian have appointed Pat Fenlon as their manager on a two-and-a-half year deal.

The Edinburgh club confirmed the 42 year old has signed a contract to move from the Irish side, Bohemians.

Fenlon succeeds Colin Calderwood, who was dismissed on November 6 following 12 wins in 49 matches in his 12 months in charge.

Dublin-based Bohemians announced on Wednesday that Hibs had been given permission to speak to Fenlon and the Irishman has now been placed in charge ahead of today’s Scottish Premier League clash at St Johnstone, becoming the capital club’s fifth manager in four years.

Fenlon has spent his entire career in Ireland, and in nine seasons as a manager he has won five League of Ireland championships and three cups with two different clubs, Shelbourne and Bohemians.
He said on Hibs' official website: "I'm really excited by the prospect of managing Hibernian, a club with a rich history and proud traditions."

Hibs are ninth in the SPL, two points off the foot of the table, but have one home league win since February – the September defeat of St Johnstone.

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

MATCH INFO

Champions League quarter-final, first leg

Ajax v Juventus, Wednesday, 11pm (UAE)

Match on BeIN Sports

Results:

5pm: Handicap (PA) | Dh80,000 | 1,600 metres

Winner: Dasan Da, Saeed Al Mazrooei (jockey), Helal Al Alawi (trainer)

5.30pm: Maiden (PA) | Dh80,000 | 1,600m

Winner: AF Saabah, Tadhg O’Shea, Ernst Oertel

6pm: Handicap (PA) | Dh80,000 | 1,600m

Winner: Mukaram, Pat Cosgrave, Eric Lemartinel

6.30pm: Handicap (PA) | Dh80,000 | 2,200m

Winner: MH Tawag, Richard Mullen, Elise Jeanne

7pm: Wathba Stallions Cup Handicap (PA) | Dh70,000 | 1,400m

Winner: RB Inferno, Fabrice Veron, Ismail Mohammed

7.30pm: Handicap (TB) | Dh100,000 | 1,600m

Winner: Juthoor, Jim Crowley, Erwan Charpy

Sweet%20Tooth
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CONFIRMED%20LINE-UP
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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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. 

SPEC%20SHEET%3A%20APPLE%20IPAD%20PRO%20(12.9%22%2C%202022)
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AIDA%20RETURNS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EAida%20Abboud%2C%20Carol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5.%2F5%3C%2Fp%3E%0A
Score

Third Test, Day 1

New Zealand 229-7 (90 ov)
Pakistan

New Zealand won the toss and elected to bat

AT%20A%20GLANCE
%3Cp%3E%3Cstrong%3EWindfall%3C%2Fstrong%3E%3Cbr%3EAn%20%E2%80%9Cenergy%20profits%20levy%E2%80%9D%20to%20raise%20about%20%C2%A35%20billion%20in%20a%20year.%20The%20temporary%20one-off%20tax%20will%20hit%20oil%20and%20gas%20firms%20by%2025%20per%20cent%20on%20extraordinary%20profits.%20An%2080%20per%20cent%20investment%20allowance%20should%20calm%20Conservative%20nerves%20that%20the%20move%20will%20dent%20North%20Sea%20firms%E2%80%99%20investment%20to%20save%20them%2091p%20for%20every%20%C2%A31%20they%20spend.%3Cbr%3E%3Cstrong%3EA%20universal%20grant%3C%2Fstrong%3E%3Cbr%3EEnergy%20bills%20discount%2C%20which%20was%20effectively%20a%20%C2%A3200%20loan%2C%20has%20doubled%20to%20a%20%C2%A3400%20discount%20on%20bills%20for%20all%20households%20from%20October%20that%20will%20not%20need%20to%20be%20paid%20back.%3Cbr%3E%3Cstrong%3ETargeted%20measures%3C%2Fstrong%3E%3Cbr%3EMore%20than%20eight%20million%20of%20the%20lowest%20income%20households%20will%20receive%20a%20%C2%A3650%20one-off%20payment.%20It%20will%20apply%20to%20households%20on%20Universal%20Credit%2C%20Tax%20Credits%2C%20Pension%20Credit%20and%20legacy%20benefits.%3Cbr%3ESeparate%20one-off%20payments%20of%20%C2%A3300%20will%20go%20to%20pensioners%20and%20%C2%A3150%20for%20those%20receiving%20disability%20benefits.%3C%2Fp%3E%0A
Results

5pm: Wadi Nagab – Maiden (PA) Dh80,000 (Turf) 1,200m; Winner: Al Falaq, Antonio Fresu (jockey), Ahmed Al Shemaili (trainer)

5.30pm: Wadi Sidr – Handicap (PA) Dh80,000 (T) 1,200m; Winner: AF Majalis, Tadhg O’Shea, Ernst Oertel

6pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Fakhama, Fernando Jara, Mohamed Daggash

6.30pm: Wadi Shees – Handicap (PA) Dh80,000 (T) 2,200m; Winner: Mutaqadim, Antonio Fresu, Ibrahim Al Hadhrami

7pm: Arabian Triple Crown Round-1 – Listed (PA) Dh230,000 (T) 1,600m; Winner: Bahar Muscat, Antonio Fresu, Ibrahim Al Hadhrami

7.30pm: Wadi Tayyibah – Maiden (TB) Dh80,000 (T) 1,600m; Winner: Poster Paint, Patrick Cosgrave, Bhupat Seemar

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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

A%20Little%20to%20the%20Left
%3Cp%3E%3Cstrong%3EDeveloper%3A%20%3C%2Fstrong%3EMax%20Inferno%3Cbr%3E%3Cstrong%3EConsoles%3A%3C%2Fstrong%3E%20PC%2C%20Mac%2C%20Nintendo%20Switch%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%26nbsp%3B%3C%2Fp%3E%0A
Company%20profile
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West Asia Premiership

Dubai Hurricanes 58-10 Dubai Knights Eagles

Dubai Tigers 5-39 Bahrain

Jebel Ali Dragons 16-56 Abu Dhabi Harlequins

The%20Killer
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EDavid%20Fincher%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EMichael%20Fassbender%2C%20Tilda%20Swinton%2C%20Charles%20Parnell%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%C2%A0%3C%2Fp%3E%0A
In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Tank warfare

Lt Gen Erik Petersen, deputy chief of programs, US Army, has argued it took a “three decade holiday” on modernising tanks. 

“There clearly remains a significant armoured heavy ground manoeuvre threat in this world and maintaining a world class armoured force is absolutely vital,” the general said in London last week.

“We are developing next generation capabilities to compete with and deter adversaries to prevent opportunism or miscalculation, and, if necessary, defeat any foe decisively.”

ARSENAL IN 1977

Feb 05 Arsenal 0-0 Sunderland

Feb 12 Manchester City 1-0 Arsenal

Feb 15 Middlesbrough 3-0 Arsenal

Feb 19 Arsenal 2-3 West Ham

Feb 26 Middlesbrough 4-1 Arsenal (FA Cup)

Mar 01 Everton 2-1 Arsenal

Mar 05  Arsenal 1-4 ipswich

March 08 Arsenal 1-2 West Brom

Mar 12 QPR 2-1 Arsenal

Mar 23 Stoke 1-1 Arsenal

Apr 02  Arsenal 3-0 Leicester

The biog

Name: Greg Heinricks

From: Alberta, western Canada

Record fish: 56kg sailfish

Member of: International Game Fish Association

Company: Arabian Divers and Sportfishing Charters

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.”

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

De De Pyaar De

Produced: Luv Films, YRF Films
Directed: Akiv Ali
Cast: Ajay Devgn, Tabu, Rakul Preet Singh, Jimmy Sheirgill, Jaaved Jaffrey
Rating: 3.5/5 stars

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EShaffra%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2023%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDIFC%20Innovation%20Hub%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Emetaverse-as-a-Service%20(MaaS)%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3Ecurrently%20closing%20%241.5%20million%20seed%20round%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-seed%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%20Abu%20Dhabi%20and%20different%20PCs%20and%20angel%20investors%20from%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3Enine%3C%2Fp%3E%0A

UAE tour of the Netherlands

UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed

Fixtures: Monday, first 50-over match; Wednesday, second 50-over match; Thursday, third 50-over match

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

The specs
Engine: 2.5-litre, turbocharged 5-cylinder

Transmission: seven-speed auto

Power: 400hp

Torque: 500Nm

Price: Dh300,000 (estimate)

On sale: 2022 

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

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.

Tori Amos
Native Invader
Decca