Yaya Toure worked with Roberto Mancini for four years at Manchester City before the Italian left the club. Alex Livesey / Getty
Yaya Toure worked with Roberto Mancini for four years at Manchester City before the Italian left the club. Alex Livesey / Getty

Roberto Mancini ‘would be delighted’ to sign Manchester City’s Yaya Toure for Inter Milan



Yaya Toure remains a target for Inter Milan although coach Roberto Mancini has claimed that no talks have been held to bring the Manchester City midfielder to the San Siro.

Mancini returned to Milan for his second spell at Inter in November last year, but the Nerazzurri remain in a dogfight to qualify for Europe next season.

City midfielder Toure has long been singled out as a target for Mancini, who coached the Ivory Coast international during his four-year spell at the English club.

But while Mancini admitted his admiration for the 31-year-old, he said no talks had been held yet.

“There are no talks about Toure, I’ve always said he’s a Manchester City player but we’d be delighted if we could sign him for Inter,” Mancini said on Friday.

Despite Inter’s struggles to keep pace in Serie A — they currently sit 10th, 30 points behind leaders Juventus and 15 behind Lazio in the third and last Champions League qualifying place — Mancini remains defiant.

He recently said Inter hope to challenge for the Scudetto next season, although to do so the club — owned by Indonesian tycoon Erick Thohir — will have to spend big in the summer transfer market.

Inter are one of several top clubs to have recently come under the scrutiny of UEFA’s financial fair play regulations, and Mancini added: “We have to respect the regulations but I strongly believe Inter will be very competitive next season. We’ll only sacrifice players if the team can emerge stronger for it.”

Inter, meanwhile, have become the latest club to be linked with Paulo Dybala, although Palermo owner Mauro Zamparini has slapped a 40 million-euro ($44m, 29.5m pounds) price tag on the Argentinian striker’s head.

“Dybala is a quality player, he’s young and I think he’ll become a top class forward. Inter are a big club and naturally we’re looking for quality players so we can start winning again,” Mancini admitted.

Inter host basement side Parma on Saturday and although Mancini has warned against taking the league strugglers lightly, he has underlined the need for wins over the closing 10 games of the campaign.

“We have to do our best over our last 10 matches. It’s not easy to take over mid-season but you can only get results with time and through hard work,” he added.

“We’ve all got something to prove between now and the end of the season and it’s important to get results in the last stage of the campaign.

“If we play like we did at Sampdoria (a 1-0 defeat), we’ll definitely win a lot of matches. Our aim is to qualify for Europe and we still have a chance to do so.”

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Favourite food: Japanese

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Power: 190hp at 5,200rpm
Torque: 320Nm from 1,800-5,000rpm
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Sarfira

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Dhadak

Director: Shashank Khaitan

Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana

Stars: 3

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Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

Company Profile

Company name: myZoi
Started: 2021
Founders: Syed Ali, Christian Buchholz, Shanawaz Rouf, Arsalan Siddiqui, Nabid Hassan
Based: UAE
Number of staff: 37
Investment: Initial undisclosed funding from SC Ventures; second round of funding totalling $14 million from a consortium of SBI, a Japanese VC firm, and SC Venture

SCHEDULE

6.30pm Maiden Dh165,000 (Dirt) 1,400m
7.05pm: Handicap Dh170,000 (D) 1,600m
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8.50pm: Handicap Dh210,000 (D) 2,000m
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Favourite book: Zen and the Art of Motorcycle Maintenance

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Proudest achievement: Receiving a presidential award for foreign services.

Family: Wife and three children.

Like motto: You always get what you ask for, the universe listens.

'Falling for Christmas'

Director: Janeen Damian

Stars: Lindsay Lohan, Chord Overstreet, Jack Wagner, Aliana Lohan

Rating: 1/5

How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

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Pathaan

Director: Siddharth Anand 

Stars: Shah Rukh Khan, Deepika Padukone, John Abraham 

Rating: 3/5

UAE athletes heading to Paris 2024

Equestrian
Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).


Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).


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Safia Al Sayegh (women's road race).

Swimming
Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics
Maryam Mohammed Al Farsi (women's 100 metres).

How it works

1) The liquid nanoclay is a mixture of water and clay that aims to convert desert land to fertile ground

2) Instead of water draining straight through the sand, it apparently helps the soil retain water

3) One application is said to last five years

4) The cost of treatment per hectare (2.4 acres) of desert varies from $7,000 to $10,000 per hectare 

Ponti

Sharlene Teo, Pan Macmillan

Results

2.30pm: Handicap (PA) Dh40,000 1,700m; Winner: AF Mezmar, Adam McLean (jockey), Ernst Oertel (trainer).

3pm: Maiden (PA) Dh40,000 2,000m; Winner: AF Ajwad, Tadhg O’Shea, Ernst Oertel.

3.30pm: Handicap (PA) Dh40,000 1,200m; Winner: Gold Silver, Sam Hitchcott, Ibrahim Aseel.

4pm: Maiden (PA) Dh40,000 1,000m; Winner: Atrash, Richard Mullen, Ana Mendez.

4.30pm: Gulf Cup Prestige (PA) Dh150,000 1,700m; Winner: AF Momtaz, Saif Al Balushi, Musabah Al Muhairi.

5pm: Handicap (TB) Dh40,000 1,200m; Winner: Al Mushtashar, Richard Mullen, Satish Seemar.

The specs

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Power: 261hp at 5,500rpm
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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.”

WORLD CUP SEMI-FINALS

England v New Zealand (Saturday, 12pm)

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