Transfer talk: Odemwingie denies he is trying to leave


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Arsenal

Arsene Wenger faces the possibility of further disciplinary action from Uefa for breaching the terms of his touchline ban on Tuesday. The Arsenal manager was confined to the stands and banned from communicating with the dugout during their Champions League qualifying-round, first-leg victory against Udinese after making critical comments about the referee after being eliminated by Barcelona last season. Arsenal believed that Wenger could pass on instructions to Pat Rice, his assistant, through Boro Primorac, the coach, who sat alongside the manager in the stands. Uefa warned Wenger at half time that such contact was not allowed, although Primorac appeared to continue making phone calls during the second half. Meanwhile, Alex Song, the Arsenal midfielder, will serve a three-match suspension for a stamp on Newcastle United's Joey Barton on Saturday.

Fulham

Carlos Salcido, the Fulham full-back, has joined the Mexican side Tigres on a season-long loan deal. The 31 year old joined the London club last summer from PSV Eindhoven and impressed during his first season in the Premier League. However, Salcido grew unsettled at the west London club after a robbery at his house resulted in his family leaving England.

FA Cup

Non-league sides Ascot United and Wembley FC will kick off this season's FA Cup tomorrow, with the game being streamed to a potential audience of 700 million people. Social networking site Facebook are "televising" the clash, which, although it will not reach the majority of its potential viewers, is the first of its kind anywhere in sport. A 90-minute stream will be provided by Budweiser, the competition's new sponsors.

Blackburn Rovers

Raul, the Spanish striker, has been left out of the Schalke 04 team to play HJK Helsinki tonight in their Europa League qualifier, strengthening speculation about the veteran's future at the club. Schalke received an official offer for the former Real Madrid forward from Blackburn Rovers on Monday which they rejected on Tuesday after a conversation with Raul's agent. According to the Schalke website, Raul has been left out to protect the 34-year-old from playing on the artificial pitch in Helsinki.

Chelsea

Contact has been made with the kidnappers of John Obi Mikel's father. The alarm was raised when Michael Obi, who runs a transport company, failed to return home from work in Jos, the capital of Plateau State in central Nigeria, on Friday. The Chelsea midfielder's brother, Ebele Obi, said in quotes reported on www.supersport.com: "We have heard our father's voice. At least we now know that he is alive."

West Bromwich Albion

Peter Odemwingie, the West Brom striker, has denied he was trying to engineer his departure from the club and urged fans to be patient during continuing contract negotiations. Odemwingie's failure to put pen to paper on a new deal has led to speculation that the 30-year-old Nigerian international may be holding out for a better offer from elsewhere. However, Odemwingie wrote on Twitter: "To my dear WBA supporters. I love this club and will leave only to a TOP team which is understandable. Nothing abnormal is going on," he wrote. "Contract is not signed cos of the duration of it. Figures agreed long time ago cos I know this is not Real Madrid. Please be patient."

Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

Results

5pm: Maiden (PA) Dh80,000 (Turf) 2,200m; Winner: Gurm, Antonio Fresu (jockey), Eric Lemartinel (trainer)

5.30pm: Handicap (PA) Dh80,000 (T) 1,600m; Winner: Al Nafece, Al Muatasm Al Balushi, Mohammed Ramadan

6pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 1,200m; Winner: Ashton Tourettes, Adrie de Vries, Ibrahim Aseel

6.30pm: Arabian Triple Crown – Group 3 (PA) Dh300,000 (T) 2,200m; Winner: Ottoman, Adrie de Vries, Abdallah Al Hammadi

7pm: Liwa Oasis – Group 2 (PA) 300,000 (T) 1,400m; Winner: Hakeemat Muscat, Szczepan Mazur, Ibrahim Al Hadhrami

7.30pm: Handicap (TB) Dh80,000 (T) 1,600m; Winner: Ganbaru, Antonio Fresu, Musabah Al Muhairi

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

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Install an air filter in your home.

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MATCH INFO

World Cup qualifier

Thailand 2 (Dangda 26', Panya 51')

UAE 1 (Mabkhout 45 2')

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

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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.”

PREMIER LEAGUE FIXTURES

All times UAE ( 4 GMT)

Saturday
West Ham United v Tottenham Hotspur (3.30pm)
Burnley v Huddersfield Town (7pm)
Everton v Bournemouth (7pm)
Manchester City v Crystal Palace (7pm)
Southampton v Manchester United (7pm)
Stoke City v Chelsea (7pm)
Swansea City v Watford (7pm)
Leicester City v Liverpool (8.30pm)

Sunday
Brighton and Hove Albion v Newcastle United (7pm)

Monday
Arsenal v West Bromwich Albion (11pm)

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5