The Queens Park Rangers' Adel Taarabt, right, will look to prove his worth in the side against Newcastle United on Monday.
The Queens Park Rangers' Adel Taarabt, right, will look to prove his worth in the side against Newcastle United on Monday.

QPR need Taarabt to fire



Queens Park Rangers could give debuts to five seasoned Premier League players on Monday night, yet all eyes will be trained on Adel Taarabt, the team's outrageously-gifted captain, to see if he can start justifying the hype surrounding him.

In terms of natural ability, the 22 year old from Morocco is comparable with the likes of David Silva, at Manchester City, and Nani, the Manchester United winger.

"I've never seen anybody with ability like his," Neil Warnock, the QPR manager, said last year. "Taarabt is a breath of fresh air."

The season may still be very much in an embryonic stage but Taarabt's underwhelming displays in his team's first three games have left many wondering why the club did not accept the £13 million (Dh75,832m) Paris Saint-Germain, the Qatar-owned French club, offered in the summer for his services. Yet, Taarabt has the perfect platform to strut his stuff under the lights at Loftus Road tonight. The presence of Joey Barton and Shaun-Wright Phillips, the new recruits, should take some of the limelight and pressure away from him.

"He's clearly an unbelievable talent," Tommy Smith, his teammate, said. "He is the kind of player who does nothing for 85 minutes, gives the ball away and does not look as good as people say and then produces a bit of magic to win the game.

"Players like that are worth their weight in gold. He is the best player I have had the pleasure of playing and training with, no doubt."

Armed with the finances of Tony Fernandes, the Malaysian businessman who recently purchased the club, Warnock spent heavily in the final days of the transfer window, bringing in Wright-Phillips, Barton, Anton Ferdinand, Luke Young and Armand Traore.

Yet, his best piece of business remains the reported £1m he managed to persuade Tottenham Hotspur to accept for the former France youth international in August last year.

"If he could put the teamwork into his game, the sky's the limit," Warnock said. "That's why I spent so long to make sure he signed."

Warnock has managed to harness the considerable talents of Taarabt, albeit in the second tier of English football last year. The QPR manager is one of the game's most colourful, outspoken and passionate characters. He is revered by the fans of clubs he manages - he has been in charge of 12 English teams - yet also riles the supporters, players and, sometimes, the managers of opposing teams. Warnock and Wally Downes, the then Reading coach, almost came to blows on the touchline in 2007. Warnock is like Marmite - you either love him or loath him.

"I can understand the Marmite comparison because, as a player, I used to hate playing against his team," Smith said. "But once you meet him, and work for him, you realise he's nothing like the man you see on the outside. He's laid back and his door is always open."

Warnock tried to sign Smith twice before eventually landing him last year. "[Warnock] has mentioned that and said he rarely gives a player three chances, so he must like me," Smith said.

QPR will hope Smith is not an unlucky omen; he has been relegated from the Premier League three times. "Not too many people realise that and it's just as well as you don't want to get tarred with that brush. I don't want it to be four this season."

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Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

Day 3, Dubai Test: At a glance

Moment of the day Lahiru Gamage, the Sri Lanka pace bowler, has had to play a lot of cricket to earn a shot at the top level. The 29-year-old debutant first played a first-class game 11 years ago. His first Test wicket was one to savour, bowling Pakistan opener Shan Masood through the gate. It set the rot in motion for Pakistan’s batting.

Stat of the day – 73 Haris Sohail took 73 balls to hit a boundary. Which is a peculiar quirk, given the aggressive intent he showed from the off. Pakistan’s batsmen were implored to attack Rangana Herath after their implosion against his left-arm spin in Abu Dhabi. Haris did his best to oblige, smacking the second ball he faced for a huge straight six.

The verdict One year ago, when Pakistan played their first day-night Test at this ground, they held a 222-run lead over West Indies on first innings. The away side still pushed their hosts relatively close on the final night. With the opposite almost exactly the case this time around, Pakistan still have to hope they can salvage a win from somewhere.

COMPANY%20PROFILE
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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.”

Mica

Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4