Ryan Giggs arriving at Manchester Crown Court in August during his trial. He is to face a re-trial on charges of domestic abuse after a jury failed to reach verdicts. Getty
Ryan Giggs arriving at Manchester Crown Court in August during his trial. He is to face a re-trial on charges of domestic abuse after a jury failed to reach verdicts. Getty
Ryan Giggs arriving at Manchester Crown Court in August during his trial. He is to face a re-trial on charges of domestic abuse after a jury failed to reach verdicts. Getty
Ryan Giggs arriving at Manchester Crown Court in August during his trial. He is to face a re-trial on charges of domestic abuse after a jury failed to reach verdicts. Getty

Ryan Giggs to face retrial on domestic abuse charges


Laura O'Callaghan
  • English
  • Arabic

Ryan Giggs will face a retrial on domestic violence charges, a judge has ruled, after a jury failed to reach verdicts last week.

The former Manchester United footballer is accused of assaulting Kate Greville, his girlfriend at the time, causing actual bodily harm, and using controlling and coercive behaviour against her from August 2017 to November 2020. He was accused of headbutting her during an argument at his house in Worsley, Greater Manchester, on November 1, 2020.

The former Wales manager was also charged with the common assault of Ms Greville’s younger sister, Emma, having been accused of elbowing her in the jaw during the same row.

He denies all the charges.

Following a four-week trial at Manchester Crown Court, a jury of seven women and four men failed to reach any verdicts on August 31 after more than 20 hours of deliberations. One jury member was missing due to illness.

During a brief hearing at the court on Wednesday, Judge Hilary Manley ruled that Giggs, 48, would again stand trial next July.

The former football star was not required to attend the hearing, but the judge said he "is well aware of the bail conditions".

Peter Wright QC, prosecuting, told the judge: “We do seek a retrial in respect of Mr Giggs.

“The matter has been considered at a senior level within the Crown Prosecution Service and also the willingness of the complainant to give evidence, although that is not determinative on the matter, has also been canvassed.

“They indicate a preparedness so to do.

“Consequently, we do invite you to fix a date for the retrial of this matter.”

Judge Manley fixed a trial date, on the next date available to both prosecution and defence lawyers, of July 31, 2023 for a trial estimated to last three or four weeks. Giggs will remain on bail until the trial.

A further pre-trial hearing was set for July 3, 2023.

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The biog

Name: Dhabia Khalifa AlQubaisi

Age: 23

How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman

Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs 

Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing

If you go

The flights

There are direct flights from Dubai to Sofia with FlyDubai (www.flydubai.com) and Wizz Air (www.wizzair.com), from Dh1,164 and Dh822 return including taxes, respectively.

The trip

Plovdiv is 150km from Sofia, with an hourly bus service taking around 2 hours and costing $16 (Dh58). The Rhodopes can be reached from Sofia in between 2-4hours.

The trip was organised by Bulguides (www.bulguides.com), which organises guided trips throughout Bulgaria. Guiding, accommodation, food and transfers from Plovdiv to the mountains and back costs around 170 USD for a four-day, three-night trip.

 

Reputation

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(Big Machine Records)

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.”

Updated: September 07, 2022, 10:12 AM