Liverpool's Mohamed Salah, right, celebrates scoring with Darwin Nunez and Harvey Elliott. PA
Liverpool's Mohamed Salah, right, celebrates scoring with Darwin Nunez and Harvey Elliott. PA
Liverpool's Mohamed Salah, right, celebrates scoring with Darwin Nunez and Harvey Elliott. PA
Liverpool's Mohamed Salah, right, celebrates scoring with Darwin Nunez and Harvey Elliott. PA

Mohamed Salah on target as Liverpool ease past Nottingham Forest


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Goals from Diogo Jota, Darwin Nunez and Mohamed Salah gave Liverpool a comfortable 3-0 win over Nottingham Forest at Anfield on Sunday.

Forest kept it tight for the opening half-hour but they were soon behind thanks to a classic counter-attack from the hosts.

Forest centre-back Murillo made an ill-judged foray forward and was relieved of the ball, and in seconds Mohamed Salah found Nunez, whose shot was parried into the path of Jota for an easy finish.

Jota celebrated by holding up the shirt of team mate Luis Diaz, who missed the game following the kidnapping of his parents in his native Colombia.

"Luis was with us in the hotel, then he went home. It's a very hard situation and I don't know how anyone would react if it happened to you," Jota told the BBC.

"He was going to play. I played instead of him and I showed him his shirt to show we're with him and we hope everything works out."

Liverpool's second was a brilliant team goal as they sliced the Forest rearguard, and this time it was Dominik Szoboszlai who got free down the right to pull the ball across the goal for Nunez to score.

Liverpool upped the ante early in the second half with Salah curling a shot just wide and Harvey Elliott having a shot blocked shortly after coming off the bench.

Everton's Dominic Calvert-Lewin after scoring against West Ham. PA
Everton's Dominic Calvert-Lewin after scoring against West Ham. PA

A breakdown in communications between substitute Harry Toffolo and keeper Matt Turner let Salah in, and he duly steered the ball home to complete the scoring in the 77th minute.

Forest never got out of their defensive mindset and it took them until the 85th minute to register their best effort of the game, a shot by winger Anthony Elanga that cannoned off the underside of the crossbar.

Meanwhile, Dominic Calvert-Lewin's second-half strike secured a 1-0 win for Everton at West Ham.

The striker scored six minutes after halftime at the London Stadium as Everton won for only the third time in the league this season.

Calvert-Lewin, who has had to contend with a slew of injuries, scored his 50th league goal for the club and he joined Romelu Lukaku, Duncan Ferguson and Tim Cahill in reaching half-century.

Receiving the ball in the box, he turned smartly and steered a shot low into the corner.

Abdoulaye Doucoure could have doubled the visitors' lead, but his shot was saved by Alphonse Areola.

The win was Everton's third in six games in all competitions as Sean Dyche's team looks to recover from a troubled start to the season that saw them fail to win any of their opening five league fixtures.

Also, Aston Villa chalked up their 12th successive Premier League win at home with a comfortable 3-1 victory over struggling Luton Town as they maintained their top-four challenge.

John McGinn's 17th-minute strike separated the sides at halftime but Villa made their domination count after the break.

Moussa Diaby rifled in a shot four minutes into the second half and an own goal by Luton's Tom Lockyer just past the hour mark left the visitors reeling.

Luton continued to play with great energy and they earned a consolation thanks to another bizarre own goal credited to Villa keeper Emiliano Martinez.

In another match, Joao Palhinha scored a stunning equaliser as Fulham held Brighton to a 1-1 draw.

The Seagulls were the better team in the early stages at the Amex Stadium and were rewarded through Evan Ferguson’s neat finish before Palhinha’s superb strike secured a point for the Londoners.

Race card

6.30pm: Handicap (TB) $68,000 (Dirt) 1,200m

7.05pm: Meydan Cup – Listed Handicap (TB) $88,000 (Turf) 2,810m

7.40pm: UAE 2000 Guineas – Group 3 (TB) $125,000 (D) 1,600m

8.15pm: Firebreak Stakes – Group 3 (TB) $130,000 (D) 1,600m

9.50pm: Meydan Classic – Conditions (TB) $$50,000 (T) 1,400m

9.25pm: Dubai Sprint – Listed Handicap (TB) $88,000 (T) 1,200m

Brief scoreline:

Liverpool 5

Keita 1', Mane 23', 66', Salah 45' 1, 83'

Huddersfield 0

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.”

RESULT

Brazil 2 Croatia 0
Brazil: 
Neymar (69'), Firmino (90' 3)    

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
Ferrari
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Michael%20Mann%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Adam%20Driver%2C%20Penelope%20Cruz%2C%20Shailene%20Woodley%2C%20Patrick%20Dempsey%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

Empty Words

By Mario Levrero  

(Coffee House Press)
 

RESULTS

1.30pm Handicap (PA) Dh 50,000 (Dirt) 1,400m

Winner AF Almomayaz, Hugo Lebouc (jockey), Ali Rashid Al Raihe (trainer)

2pm Handicap (TB) Dh 84,000 (D) 1,400m

Winner Karaginsky, Tadhg O’Shea, Satish Seemar.

2.30pm Maiden (TB) Dh 60,000 (D) 1,200m

Winner Sadeedd, Ryan Curatolo, Nicholas Bachalard.

3pm Conditions (TB) Dh 100,000 (D) 1,950m

Winner Blue Sovereign, Clement Lecoeuvre, Erwan Charpy.

3.30pm Handicap (TB) Dh 76,000 (D) 1,800m

Winner Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.

4pm Maiden (TB) Dh 60,000 (D) 1,600m

Winner Bladesmith, Tadhg O’Shea, Satish Seemar.

4.30pm Handicap (TB) Dh 68,000 (D) 1,000m

Winner Shanaghai City, Fabrice Veron, Rashed Bouresly.

UAE currency: the story behind the money in your pockets
Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

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

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

FA CUP FINAL

Chelsea 1
Hazard (22' pen)

Manchester United 0

Man of the match: Eden Hazard (Chelsea)

Updated: October 29, 2023, 7:15 PM