Who to look out for in Angola this month


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Angola Manager: Manuel Jose World Ranking: 95 Zonal Ranking: 20 Having qualified for their first World Cup in 2006 before reaching the quarter-finals in the African Nations two years later - their highest ever finish - Angola are a nation on the rise. The Black Antelopes may have the advantage of home support, but with Flavio - the only Angolan to score at a World Cup - having recently turned 30, the impetus will be on Real Valladolid's Manucho to fire them to success. Mali Manager: Stephen Keshi World Ranking: 47 Zonal Ranking: 7 With a powerful midfield that boasts Real Madrid's Mahamadou Diarra, Barcelona's Seydou Keita and Juventus's Mohamed Sissoko, the Eagles will be expected to excel this month. Undoubtedly underachievers, they failed to progress past the first round of the African Nations in 2006 and did not qualify for Ghana in 2008. Malawi Manager: Kinnah Phiri World Ranking: 99 Zonal Ranking: 23 Having only qualified for one previous African Nations, in 1984, the Malawian Flames are looking to make history this month by registering their first win in the continental competition. 21- year-old striker Chiukepo Msowoya netted six times on route to Angola and will shoulder their hopes for this tournament. Algeria Manager: Rabah Saadane World Ranking: 26 Zonal Ranking: 5 The Desert Foxes, having secured a spot at the 2010 World Cup with a heated play-off victory over Egypt, will face scrutiny from the football world this month. Key men Nadir Belhadj of Portsmouth and Wolfsburg midfielder Karim Ziani will be looking to emulate the team of 1990 and lift the coveted cup.

Ivory Coast Manager: Vahid Halilhodzic World Ranking: 16 Zonal Ranking: 2 With a squad that includes Chelsea's Didier Drogba and Salomon Kalou, as well as Yaya and Kolo Toure, it is hardly surprising that the Ivory Coast are favourites. Having lost to Egypt in the semi-finals at the 2008 tournament, Vahid Halilhodzic's side will be keen to use Angola as perfect preparation for South Africa this summer - another tournament where success would not come as a stark surprise. Burkina Faso Manager: Paulo Jorge Rebelo Duarte World Ranking: 49 Zonal Ranking: 9 Despite qualifying six times previously, Burkina Faso have only managed to progress past the group stages once, as the host nation in 1998 when they surprised everybody to finish fourth. The Stallions would have wished for an easier group and will need to rely on the goals of forward Moumouni Dagano, who has netted 21 times in 43 appearances. Ghana Manager: Milovan Rajevac World Ranking: 34 Zonal Ranking: 6 The Black Stars approached the 2008 tournament with high hopes. With Chelsea's Michael Essien dominating the midfield and the team enjoying the benefits of home support, many expected Ghana to comfortably win their fifth title in Accra. But, as has been the case every tournament since 1982, the Ghanaians stumbled, falling to Cameroon in the semi-finals. This year, again, expectations are high, but they will be without captain Stephen Appiah, Fulham defender John Pantsil and Sunderland's John Mensah, while Essien remains a doubt. Togo Manager: Hubert Velud World Ranking: 71 Zonal Ranking: 13 Togo's star man is undoubtedly Manchester City striker Emmanuel Adebayor, but it is the veteran centre-half Dare Nibombe who could be the difference between ecstasy and elimination for Hubert Velud's side come the tournament's conclusion.

Egypt Manager: Hassan Shehata World Ranking: 24 Zonal Ranking: 4 Still hurting from last year's World Cup play-off defeat to Algeria, the Pharaohs will go into this month's tournament hungry for success. Winners in 2006 and 2008, Hassan Shehata's experienced Egyptian midfield boasts the likes of captain Ahmed Hassan and UAE-based Hosny Abd Rabo, while the strikeforce of Hossam Mido and Emad Moteab has struck 49 goals in 99 games collectively. Nigeria Manager: Shaibu Amodu World Ranking: 22 Zonal Ranking: 3 Once the torchbearers of African football, Nigeria have failed to evolve as they would have wished. Having qualified for the World Cup in 1994, 1998 and 2002, the Super Eagles missed out in 2006. Having secured their World Cup spot this summer, coach Shaibu Amodu has been warned he must at least reach the semi-finals this month if he is to lead the side at South Africa. Mozambique Manager: Mart Nooij World Ranking: 72 Zonal Ranking: 14 All eyes will be on coach Mart Nooij when Mozambique finish their group stage campaign against Nigeria. So impressive has the Dutchman's reign been, Nigeria have already spoken to him about the possibility of taking their hot-seat for the World Cup this summer. Star man is Panathinaikos' 21-year-old midfielder Simao. Benin Manager: Michel Dussuyer World Ranking: 59 Zonal Ranking: 11 When Benin scored an injury-time winner against Ghana in qualifying, it showed the rest of Africa that Benin are fast becoming a force to fear. Mohamed Aoudou, the 19-year-old match-winner, will likely lead the line as The Squirrels, partaking for only the third time in their history, look to pick up a maiden victory in the African Nations Cup.

Cameroon Manager: Paul Le Guen World Ranking: 11 Zonal Ranking: 1 Under Paul Le Guen, the Indomitable Lions have appeared a far more resolute side. With Carlos Kameni of Espanyol, Tottenham Hotspurs' Benoit Assou Ekotto and Lyon midfielder Jean Makoun adding a steely backbone to a side spearheaded by one of the best strikers in the world, Samuel Eto'o, expectations are understandably high. Gabon Manager: Alain Giresse World Ranking: 48 Zonal Ranking: 8 Gabon pushed Cameroon all the way in World Cup qualifying, eventually missing out only after a final day defeat to Togo. But the Black Panthers will take heart from their strong performances last year and be keen to keep the momentum going this month. Zambia Manager: Herve Renard World Ranking: 84 Zonal Ranking: 17 Five points from six games was enough to see Herve Renard secure his side a place in Angola this month, but he will expect a far improved performance when they get their campaign under way against Tunisia. The Copper Bullets, despite having qualified for seven of the past eight events, remain largely an unknown quantity. Tunisia Manager: Faouzi Benzarti World Ranking: 53 Zonal Ranking: 10 After the heartbreak of defeat to lowly Mozambique in World Cup qualifying, Tunisia moved swiftly to try and turn things around: Out went Humberto Coelho and in came Faouzi Benzarti. The Tunisian's first game in charge against Zambia will take on added importance as anything but three points will seriously hinder their hopes of progressing.

Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
EA Sports FC 24
MATCH INFO

Barcelona v Real Madrid, 11pm UAE

Match is on BeIN Sports

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

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)

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COMPANY%20PROFILE
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THE SPECS

2020 Toyota Corolla Hybrid LE

Engine: 1.8 litre combined with 16-volt electric motors

Transmission: Automatic with manual shifting mode

Power: 121hp

Torque: 142Nm

Price: Dh95,900

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.”

THE SPECS

Jaguar F-Pace SVR

Engine: 5-litre supercharged V8​​​​​​​

Transmission: 8-speed automatic

Power: 542bhp​​​​​​​

Torque: 680Nm​​​​​​​

Price: Dh465,071

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The biog

Name: Shamsa Hassan Safar

Nationality: Emirati

Education: Degree in emergency medical services at Higher Colleges of Technology

Favourite book: Between two hearts- Arabic novels

Favourite music: Mohammed Abdu and modern Arabic songs

Favourite way to spend time off: Family visits and spending time with friends