Barry puts big money Brazilians in the shade



DUBAI // Al Jazira may have spent in excess of £10 million (Dh65m) luring two talented Brazilians to Abu Dhabi, but it was Al Ahli's Samba star who stole the points for the Dubai side and helped them leapfrog their Pro League rivals. The Brazilian star Barry scored the only goal of the game at the Sheikh Rashid Stadium as Ahli ran out winners in a tight affair. Going into the match, the Jazira coach Abel Braga had said he expected an open game, but he could not have foreseen the extent to which Ahli's diligent defence would stifle the attacking threat of his big money Brazilian duo Rafael Sobis and Fernando Baiano. It was the home side who started brighter, with Ismail al Hammadi's quick thinking and quicker feet leaving even his own teammates struggling to keep up. The Emirati midfielder, who was playing in the hole behind the front two of Barry and Cesar, was a constant threat to the Black Spiders. Had Khalid Sobel not pulled him to ground in the 13th minute ? a challenge for which the Jazira defender was cautioned ? al Hammadi may well have opened the scoring. Such was Ahli's strong backline that Jazira ? who put five past Al Shaab last week in the Etisalat Cup ? resorted to long range efforts, none of which troubled the Ahli goalkeeper Obaid Al Towelah. Indeed, the visitors best chance came from a mistake at the back from Khalid Mohammed, when the defender headed past his own keeper, but the ball flew past the upright. Jazira started the second half the brighter team, but failed to really create any clean-cut chances. Al Hammadi was moved out wide and the impact was immediate. The diminutive Emirati cut inside in the 75th minute before using some neat trickery to elude two Jazira defenders. He laid off Barry, who with Khusif bearing down on him, struck hard and low past the goalkeeper's near post. Jazira suddenly came alive, having to chase the game, but you got the feeling it was too little too late from the Black Spiders, who were forced to crawl home empty-handed.

Don't get fined

The UAE FTA requires following to be kept:

  • Records of all supplies and imports of goods and services
  • All tax invoices and tax credit notes
  • Alternative documents related to receiving goods or services
  • All tax invoices and tax credit notes
  • Alternative documents issued
  • Records of goods and services that have been disposed of or used for matters not related to business
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The struggle is on for active managers

David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.

The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.

Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.

Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.

Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.

At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn. 

Results

4pm: Maiden (Dirt) Dh165,000 1,600m
Winner: Moshaher, Pat Dobbs (jockey), Doug Watson (trainer).

4.35pm: Handicap (D) Dh165,000 2,200m
Winner: Heraldic, Richard Mullen, Satish Seemar.

5.10pm: Maiden (Turf) Dh165,000 1,600m
Winner: Rua Augusta, Harry Bentley, Ahmad bin Harmash.

5.45pm: Handicap (D) Dh190,000 1,200m
Winner: Private’s Cove, Mickael Barzalona, Sandeep Jadhav.

6.20pm: Handicap (T) Dh190,000 1,600m
Winner: Azmaam, Jim Crowley, Musabah Al Muhairi.

6.55pm: Handicap (D) Dh190,000 1,400m
Winner: Bochart, Richard Mullen, Satish Seemar.

7.30pm: Handicap (T) Dh190,000 2,000m
Winner: Rio Tigre, Mickael Barzalona, Sandeep Jadhav.

THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

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.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Game Changer

Director: Shankar 

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

Rating: 2/5

The years Ramadan fell in May

1987

1954

1921

1888