MADRID // It was a satisfied group of Atletico Madrid players who walked the dark passages from the Camp Nou’s visitors rooms to their team coach last Tuesday.
It was midnight but the hour was of no concern after they had drawn 1-1 against Barcelona in the Uefa Champions League quarter-final first leg, the fourth time the teams had clashed this season and the fourth time it had ended in stalemate.
But Atleti headed home last week with the advantage of an away goal – the finest strike seen in the competition this season, struck by their Brazilian substitute Diego from 30 metres out.
Coach Diego Simeone smiled and shook hands with media. He would not get carried away. He has been reluctant to talk of success and his policy would not change.
Another Brazilian Diego, Costa, hobbled by. He had been substituted in the 29th minute and remains a doubt for Wednesday night’s second leg at the Vicente Calderon.
Full-back Filipe Luis is a compatriot of both playing Diegos. “That was hard, intense,” he told The National. “Very difficult as you’d expect against Barcelona, but we felt that we controlled the game despite Barcelona having so much possession.
“It will be hard if we play without Diego Costa, but Diego Ribas had a great game and scored an incredible goal. I think he can be key for us. He’s worked really hard in training to be a part of the team and he is.”
Ribas was signed in January from German club Wolfsburg as Atletico sought to strengthen their squad and prevent a repeat of last year when their form faded at season’s end. As with the €2 million (Dh10.1m) signing of striker David Villa, who will start Wednesday night, the €1.3 million fee for Ribas looks inspired business from Simeone.
“Simeone changed the dynamic of the whole club when he arrived,” Luis said. “He has these small punctual conversations with the team, one-minute conversations, every two, three days to try to get into our heads, always focusing on the present, never the future, always the next game. It’s the first time in my career I’m able to see these mentality changes.”
Simeone’s side continues to improve. Predicted to fall away this season, the naysayers seemed right when they were beaten twice in February. Luis had admitted at the start of the season that they had a squad to win the league if it was 20 games, but not 38. Yet Atletico returned to winning ways, with six straight league victories and sit top with six games to play.
Luis, 28, has been one of their best performers with 39 games for his club so far this season. He is not a star name, but when Atleti slipped to their first defeat in 17 games at Almeria in February, it coincided with a rare Luis absence.
The left-back has many admirers; including Manchester United who have scouted him on several occasions. Fast enough to get quickly up and down the left side and strong enough to counter any opponent, his contract runs until 2017. For now he is only thinking of success at the club he joined from Deportivo La Coruna in 2010.
Before that he had played for Figueirense in Rio de Janeiro, switching from playmaker to left back at 17. He broke into the first team at 18 before being spotted by Ajax. The Amsterdam club “helped my game tactically, but I could have settled better. I was 19 and all I did was complain about the language, food and weather. People could see I didn’t enjoy their country.”
He didn’t play a first-team game before joining Real Madrid’s B team, Castilla. “I had a great time there, but the only problem was a lack of game time,” he said.
Luis moved to La Coruna in 2006 and, aside from a horrific leg break in 2010, saw his stock rise. Atletico paid €12 million for him and he’s been a vital factor in a side that keeps getting better.
“We’re near the end of the season and we’re top of the league and still in the Champions League,” he said. “There are only six weeks left, but they are six huge weeks.
“We dream of reaching the semi-finals and we feel we can. We have an excellent atmosphere in the dressing room and the noise will be incredible in the Calderon for the return leg.
“Our run in is really difficult and while I know it’s a cliche, we’ll take it game by game. We’ve done that all season and done well with that method. There’s no reason to change it now.”
Xavi says Barcelona are ready for return to the big stage
Barcelona captain Xavi, right, says his side “must steal the limelight” against Atletico Madrid on Wednesday night if they are to reach the Uefa Champions League semi-finals for the seventh straight season.
The two Spanish sides square off at the Vincente Calderon in the return leg with Atletico holding a slight advantage after last week’s 1-1 draw at Camp Nou.
“We must steal the limelight, dominate possession and attack them,” Xavi said. “The fact that we have to win this game will be an advantage for us.”
Marc Bartra will partner Javier Mascherano at the heart of the defence with Gerard Pique and Carles Puyol out injured.
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Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
New UK refugee system
- A new “core protection” for refugees moving from permanent to a more basic, temporary protection
- Shortened leave to remain - refugees will receive 30 months instead of five years
- A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
- To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
- Under core protection there will be no automatic right to family reunion
- Refugees will have a reduced right to public funds
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Conflict, drought, famine
Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.
Band Aid
Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.
Results:
6.30pm: Maiden Dh165,000 2,000m - Winner: Powderhouse, Sam Hitchcott (jockey), Doug Watson (trainer)
7.05pm: Handicap Dh165,000 2,200m - Winner: Heraldic, Richard Mullen, Satish Seemar
7.40pm: Conditions Dh240,000 1,600m - Winner: Walking Thunder, Connor Beasley, Ahmed bin Harmash
8.15pm: Handicap Dh190,000 2,000m - Winner: Key Bid, Fernando Jara, Ali Rashid Al Raihe
8.50pm: The Garhoud Sprint Listed Dh265,000 1,200m - Winner: Drafted, Sam Hitchcott, Doug Watson
9.25pm: Handicap Dh170,000 1,600m - Winner: Cachao, Tadhg O’Shea, Satish Seemar
10pm: Handicap Dh190,000 1,400m - Winner: Rodaini, Connor Beasley, Ahmed bin Harmash
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The biog
Favourite hobby: taking his rescue dog, Sally, for long walks.
Favourite book: anything by Stephen King, although he said the films rarely match the quality of the books
Favourite film: The Shawshank Redemption stands out as his favourite movie, a classic King novella
Favourite music: “I have a wide and varied music taste, so it would be unfair to pick a single song from blues to rock as a favourite"
The biog
Favourite films: Casablanca and Lawrence of Arabia
Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins
Favourite dish: Grilled fish
Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.
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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.”
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
Marathon results
Men:
1. Titus Ekiru(KEN) 2:06:13
2. Alphonce Simbu(TAN) 2:07:50
3. Reuben Kipyego(KEN) 2:08:25
4. Abel Kirui(KEN) 2:08:46
5. Felix Kemutai(KEN) 2:10:48
Women:
1. Judith Korir(KEN) 2:22:30
2. Eunice Chumba(BHR) 2:26:01
3. Immaculate Chemutai(UGA) 2:28:30
4. Abebech Bekele(ETH) 2:29:43
5. Aleksandra Morozova(RUS) 2:33:01