Al Wahda's Sebastian Tagliabue shown during an Arabian Gulf League match earlier this season. Pawan Singh / The National / August 20, 2015
Al Wahda's Sebastian Tagliabue shown during an Arabian Gulf League match earlier this season. Pawan Singh / The National / August 20, 2015

Sebastian Tagliabue returns with scoring punch for Al Wahda against Al Dhafra



Al Wahda 3 Al Dhafra 0

Story of the match

Sebastian Tagliabue marked his return from a one-match ban with a pair of second-half goals to power Al Wahda to a 3-0 win over Al Dhafra in the Arabian Gulf League.

Ismail Matar had given them a fifth-minute lead and Tagliabue doubled it a minute into the second half before rounding off the game with his second a minute from time at the Al Nahyan stadium last night.

Tagliabue was unlucky when his effort in the first half crashed against the bar, but he more than made up for it with excellent strikes after the break for Wahda to register their fifth win in 10 games.

Dhafra under new Syrian coach Mohammed Kwid had their chances on either side of half time but could not make it count because of some good defending and the woodwork.

Makhete Diop got one past the Wahda goalkeeper Adel Al Hosani only to see it cleared from the goal-line by Salem Sultan in the first half.

The Senegalese forward was unlucky in the second half when his header bounced off the crossbar and a bicycle kick in front of the goalmouth brilliantly saved by Al Hosani, both in the second half.

Dhafra also had to play the last 15 minutes with 10 men when Abdulla Al Naqbi was sent off for a second bookable offence.

Man of the match

Tagliabue has been a model of consistency for Wahda.

The Argentine topped the scoring charts on his debut season with 25 league goals and followed it up with 15 as the top scorer for the club. His double last night against Dhafra took his tally to 12 from nine games.

What they said

Mohammed Kwid, Dhafra coach: “I can’t do magic to change a team in three days. We went down to a strong team but we had our chances to score and return with a better result.

“The reason we lost was because of defensive mistakes and also we couldn’t score from the chances we created. We did all this in three days and hopefully achieve a better result when we play Dibba next.

“We are now working with the remainder of the season in mind, and the management will be looking to get some new players during the mid-season transfer window.”

Javier Aguirre, Wahda coach: “My team played well in the last few games but didn’t achieve the desired result. Tonight we didn’t play that well, but still we came out with a good result.”

When asked why he kept changing players and dropped centre-back Hamdan Al Kamali, he said: “I don’t have any problems with the players but I believe in playing the best combination available at the time. I left out Hamdan (Al Kamali) because Salem Sultan is better than him. I have 26 players and only the best XI will start.”

The National’s verdict

Wahda coach Aguirre has taken the bold step to rebuild the side by providing more youngsters the playing opportunities.

It looks a good move for a side that do not have much hope of winning the league. Whether he will survive as coach for another season is another matter.

ELSEWHERE

Sharjah 2 Al Wasl 1

A pair of goals from Wanderley Santos helped Sharjah fight back from a goal down to earn an invaluable 2-1 win over high-flying Al Wasl, lifting them out of the relegation zone and onto 8 points.

Follow us on twitter at @NatSportUAE

'Falling for Christmas'

Director: Janeen Damian

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

Rating: 1/5

MATCH INFO

West Ham United 2 (Antonio 73', Ogbonna 90+5')

Tottenham Hotspur 3 (Son 36', Moura 42', Kane 49')

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).

Cycling
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).

The Specs

Engine: 1.6-litre 4-cylinder petrol
Power: 118hp
Torque: 149Nm
Transmission: Six-speed automatic
Price: From Dh61,500
On sale: Now

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

Remaining Fixtures

Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final

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.”

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

Brief scores:

Juventus 3

Dybala 6', Bonucci 17', Ronaldo 63'

Frosinone 0


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