TRANSFERS
Juventus
In: Carlos Tevez, from Manchester City, €9m; Fernando Llorente, from Athletic Bilbao, free
Napoli
In: Gonzalo Higuain, from Real Madrid, €37m; Raul Albiol, from Real Madrid, €12m; Dries Mertens, from PSV, €9.7m; Jose Callejon, from Real Madrid, €9.5m
Out: Edinson Cavani, to PSG, €64.5m
AC Milan
In: Mathias Silvestre, loan from Inter
Out: Massimo Ambrosini, to Fiorentina, free; Matthieu Flamini, released; Bojan Krkic, loan completed.
Fiorentina
In: Mario Gomez, from Bayern Munich, €15.5m; Josep Ilicic, from Palermo, €9m
Out: Stevan Jovetic, to Man City, €26m
Roma
In: Kevin Strootman, from Feyenoord, €16.5m; Mehdi Benatia, from Udinese, €13.5m; Gervinho, from Arsenal, €8m
Out: Marquinhos, to PSG, €31.4m; Bojan, to Barcelona, €13m, Pablo Osvaldo, to Southampton €17.5m
Inter
In: Mauro Icardi, from Sampdoria, €6
Lazio
In: Felipe, from Santos, €8.2m
THE NUMBERS
10
The Serie A season will witness a record number of genuine city derbies, 10, with the promotion of Verona. The Veronese will relish taking on Chievo, whom they regard as upstart neighbours. Genoa-Sampdoria, Juventus-Torino, Inter-AC Milan and Lazio-Roma are the other urban rivalries on the calendar.
29
For all their domestic supremacy, with their 29 scudetti, Juventus have not achieved three successive league titles since 1935. If they win this one, they have a back-to-back trio.
THREE TEAMS TO WATCH
Fiorentina
They were not far off third place, and the last ticket into the Champions League in May, and though they have lost Stevan Jovetic, they have added shrewd additions, players to fit their attacking style.
Udinese
The “Zebrette” were the team with the best form for the last quarter of the 2012/13 campaign. They can be trusted to unleash some promising youngsters, but still rely on the goals of veteran Antonio Di Natale.
Genoa
Finished one place off relegation last term. Things can get only better under Fabio Liverani. Francesco Lodi pulls strings in midfield and striker Alberto Gilardino hopes to revive his international career.
FIVE PLAYERS TO WATCH
Carlos Tevez
A goal in the Super Cup win over Lazio represented a promising start for the Argentinian at Juventus, who have signed a player with a difficult reputation from Manchester City. He will need to earn his place in the first XI with the champions, but as long as he conforms to the authority of coach Antonio Conte, his work should be appreciated.
Walter Mazzarri
The sixth appointment as coach of Inter Milan since they won the treble in 2010, Mazzarri is recommended by his excellent work at Napoli over the past four years. He inherits a squad with flaws, however, and with far less of the epic spending power of Serie A’s boom years. He will want – and may need - a top-three finish.
Lorenzo Insigne
The Neapolitan, 22, developing as a crowd favourite at his hometown club, has an opportunity to replace the departed Edinson Cavani as the hero of the San Paolo. But the additions of other attacking players – Gonzalo Higuain, Dries Mertens and Jose Callejon – put him under pressure, too, in his first Champions League season.
Giuseppe Rossi
The Azzurri striker is still coming back from the long-term injury that put his career on hold for over a year, so there is an element of risk in Fiorentina’s decision to sign him from Villarreal for €10 million (Dh49.2m) in January. Only 26, if he returns to his best, he can be a bright spark for a free-flowing side and a very useful member of Italy’s 2014 squad.
Gervinho
Roma have lost the fiery striker Osvaldo and gained an enigmatic footballer. Gervinho, who had two largely disappointing seasons at Arsenal, will hope the reunion with his former coach at Lille, Rudi Garcia, can reawaken the confidence, dazzling dribbles and elegant creativity that make Gervinho so watchable on his good days.
COMPANY%20PROFILE
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Places to go for free coffee
- Cherish Cafe Dubai, Dubai Investment Park, are giving away free coffees all day.
- La Terrace, Four Points by Sheraton Bur Dubai, are serving their first 50 guests one coffee and four bite-sized cakes
- Wild & The Moon will be giving away a free espresso with every purchase on International Coffee Day
- Orange Wheels welcome parents are to sit, relax and enjoy goodies at ‘Café O’ along with a free coffee
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
The squad traveling to Brazil:
Faisal Al Ketbi, Ibrahim Al Hosani, Khalfan Humaid Balhol, Khalifa Saeed Al Suwaidi, Mubarak Basharhil, Obaid Salem Al Nuaimi, Saeed Juma Al Mazrouei, Saoud Abdulla Al Hammadi, Taleb Al Kirbi, Yahia Mansour Al Hammadi, Zayed Al Kaabi, Zayed Saif Al Mansoori, Saaid Haj Hamdou, Hamad Saeed Al Nuaimi. Coaches Roberto Lima and Alex Paz.
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
Specs
Engine: 2-litre
Transmission: Eight-speed automatic
Power: 255hp
Torque: 273Nm
Price: Dh240,000
Plan to boost public schools
A major shake-up of government-run schools was rolled out across the country in 2017. Known as the Emirati School Model, it placed more emphasis on maths and science while also adding practical skills to the curriculum.
It was accompanied by the promise of a Dh5 billion investment, over six years, to pay for state-of-the-art infrastructure improvements.
Aspects of the school model will be extended to international private schools, the education minister has previously suggested.
Recent developments have also included the introduction of moral education - which public and private schools both must teach - along with reform of the exams system and tougher teacher licensing requirements.
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
The years Ramadan fell in May
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The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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Results
Stage 7:
1. Caleb Ewan (AUS) Lotto Soudal - 3:18:29
2. Sam Bennett (IRL) Deceuninck-QuickStep - same time
3. Phil Bauhaus (GER) Bahrain Victorious
4. Michael Morkov (DEN) Deceuninck-QuickStep
5. Cees Bol (NED) Team DSM
General Classification:
1. Tadej Pogacar (SLO) UAE Team Emirates - 24:00:28
2. Adam Yates (GBR) Ineos Grenadiers - 0:00:35
3. Joao Almeida (POR) Deceuninck-QuickStep - 0:01:02
4. Chris Harper (AUS) Jumbo-Visma - 0:01:42
5. Neilson Powless (USA) EF Education-Nippo - 0:01:45
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Company%20Profile
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Four-day collections of TOH
Day Indian Rs (Dh)
Thursday 500.75 million (25.23m)
Friday 280.25m (14.12m)
Saturday 220.75m (11.21m)
Sunday 170.25m (8.58m)
Total 1.19bn (59.15m)
(Figures in millions, approximate)
The Transfiguration
Director: Michael O’Shea
Starring: Eric Ruffin, Chloe Levine
Three stars
City's slump
L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1
If you go...
Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.
Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
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BLACKBERRY
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What is cyberbullying?
Cyberbullying or online bullying could take many forms such as sending unkind or rude messages to someone, socially isolating people from groups, sharing embarrassing pictures of them, or spreading rumors about them.
Cyberbullying can take place on various platforms such as messages, on social media, on group chats, or games.
Parents should watch out for behavioural changes in their children.
When children are being bullied they they may be feel embarrassed and isolated, so parents should watch out for signs of signs of depression and anxiety
THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
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Transmission: 8-speed automatic
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The five pillars of Islam
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Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
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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.”