Carlo Ancelotti's second spell at Real Madrid will come to an end this month following a disappointing campaign with the Spanish club.
Real's fourth Clasico defeat of the season on Sunday means that fierce rivals Barcelona will reclaim the La Liga title unless the Catalonians manage to blow a seven-point lead with three games to go.
Less than 24 hours later, the Brazilian Football Confederation (CBF) announced that Ancelotti, widely regarded as one of the greatest coaches of all time, will be taking over as Selecao manager.
“This landmark moment sees the coming together of two icons – the only five-time Fifa World Cup champions, and a coach with an unmatched record across Europe’s elite competitions," the CBF said in a statement on Monday.
It means the 65-year-old Italian will become Brazil's first foreign manager after replacing Dorival Junior who was sacked after March's 4-1 thrashing by South American rivals Argentina.
The National spoke to Diego Costa, the 36-year-old-striker who has played at Chelsea, Atletico Madrid and Wolves among others, most recently at Gremio in Brazil.
Costa won two international caps with Brazil, after coming on as a substitute in friendly matches, before switching allegiances to Spain, making 24 appearances and scoring 10 goals for his adopted country.
Q: What do you think about Carlo Ancelotti becoming the coach of the Brazilian national team?
A: Ancelotti has a big name, and his resume is extensive. In Brazil right now, people have a lot of doubts about the players and the coach.
So, in the end, they should bring in someone who’s won so much. That would bring some peace to the players, ease the tension there is here in Brazil. Ancelotti will undoubtedly help.
Brazil has never had a foreign coach, but things are changing and he can handle the pressure.
Q: There’s talent in Brazil’s national team but results have been mediocre. Was the 4-1 defeat to Argentina last month a low point?
A: Yes, it was a very ugly match, but there’s a lot of talent because of the players in Brazil. Look at Vinicius … Raphinha who’s fighting this year to be a Ballon d’Or winner.
Brazil always had players used to pressure, like Ronaldo was, but there’s a change of generation, so the kids feel a lot of pressure because they have that name ‘Brazil’ behind them.
But Brazil’s players are at Madrid and Barcelona or in England. There are players with a lot of talent, and they always make the difference in the biggest leagues in the world. So with Ancelotti’s arrival, the quality they have will come out again.
Q: Why should Brazil have a non-Brazilian for the first time as coach?
A: Time has changed regarding national teams; coaches have become like a magician with magic answers to difficult questions wherever they go.
But there are doubts about the coaches here and any coach who goes to the national team has a lot of pressure, especially if they are from here. Then the fans and media start to go after them after a few bad games. It’s tough.
Culturally, I think that Ancelotti with Brazil will work. He’s a huge figure and people will immediately take to him. He’s worked with many Brazilian players too and he likes them and the Brazilian culture. That's a very positive and strong point for coming here.
Q: Can you describe your relationship with Ancelotti? You’ve never played for him …
A: He’s always treated me very well, with a lot of respect. He’s a father, right, a very, very noble person. That’s what makes the difference in coaches.
There are very good tactical coaches, very top level but who don’t have the personality. So that’s where it often gets annoying in a dressing room.
But Ancelotti has always had both and you don’t see him get into controversy or blaming players. He’s cool and he’s a very good man for the Brazilian national team.
Of course there are other Brazilians who are excellent coaches. Like Renato Gaucho, who I was with for a year at Gremio. Noble, gives you peace of mind, entertaining, very human. Football is difficult because players often get confused [with tactics], but Renato Gaucho is clear.
Q: You’ve been playing most recently back in Brazil. How did that go?
A: Brazil will always have a lot of talent. Brazil has the football DNA and always produces great players. What happens in Brazil is that, in the end, the kids with social media issues, with agents, with those things, are changing a bit.
They want to be very professional, almost robotic, but you must enjoy it, to play with joy, be yourself. But in Brazil there are issues. Football is a big money game and here clubs are always in debt so they must sell, no matter what.
It’s a very powerful domestic league and right now, there’s a lot of money in Brazil, but you must sell. Players must stay in Brazil longer to capture that magic because when you go to Europe, you know that from the first minute you must be very professional.
Players change before they’ve finished learning and going to Europe early can be bad too. The freedom of play goes, the joy. But players are not going to stop leaving.
Q: Describe the national team’s forwards: Vinicius, Rafinha, Rodrygo, Hendrick, Savinho … so many.
A: Yes, there’s a lot of talent but there’s no number nine. All these players are very good and one-on-one, they’re phenomenal. Look, Rodrygo, technically, is the most complete. But the only thing missing is peace of mind, because for Brazil there’s a lot of pressure.
Then people start saying that players don’t want to play in Brazil or that they wanted to leave too young. This is why you need a coach like Ancelotti, to protect the players and bring out the best in them.
Raphinha has matured. Before, he received a lot of criticism from people who wanted to kick him out of the national team but now he’s a figure in world football, hugely impressive.
He works hard, defends hard, scores a lot of goals, and provides a lot of assists. And he’s a favourite for the Ballon d’Or.
Q: Matheus Cunha, of Wolves, scored Brazil’s goal against Argentina and is being linked with a transfer. What are your thoughts?
A: Look, Matheus Cunha, I’m a close friend of his. We played together. When he arrived at Wolves I saw that he had a lot of quality. He’s a player who needs to score goals. I told him this. He wanted to give assists but with his talent he needed to score, not be average.
He’s a player who likes a bit of freedom in a formation and if he gets that he’s at his best, but I think, with respect to Wolves, he must make the jump to a very big club and get more of a reputation.
I think Matheus is going to be a candidate to be in the national team for the next World Cup if he keeps his form up and makes the jump now to a very, very big team in England and scores goals.
He’s already a great player, but he’s going to have to go to a higher level because he has the talent. I saw him up close, I was in training, and there are many things. He has a lot, a lot of talent.
A: Cunha has been linked to Manchester United, who already have two Brazilians on their books in Casemiro and Antony.
A: Casemiro is a legend, right? One of the best and he must come back to the Brazilian national team. He has experience, he fights, he battles, he hits the target, he knows where the pitch is.
So he should be selected because Brazil has a very young team and he has experience and respect. There are players in Brazil right now who are very young, they’re not manly enough to withstand the pressure, the criticism, to swallow it and fight, to change opinions.
Casemiro should be a very important player for the national team. I don’t know why he stopped playing in Manchester but I’m glad he’s playing again.
Q: What about Antony, who is doing very well on loan at Real Betis?
A: So Anthony lacked a little patience. He also went through a lot of messed up things. I know about family issues.
So the kid’s head was very messed up because he’s very talented. Antony is very good, and look, now that he’s happy, he’s calm, he’s having an impressive season.
It’s very easy to criticise from the outside, but as players, our heads count for a lot. If we’re not clean, it ends up affecting the field.
He had a very difficult problem behind him because of the accusation against him but now he’s fine. He’s calm. He’s happy and confident. Look how he’s doing at Betis.
If he carries on like this he’s a player who’s going to be there to play in the World Cup.
Q: You’re 36, what plans do you have for your future?
A: I don’t know. Now my son has been born, he’s two months old. So, I’m taking advantage of that. I’m usually based in Madrid where my family are. I was playing in Brazil, and they were staying in Spain, it was really hard for me. I came back to family.
I know I could play for one or two more years because I feel strong but if in the end I can’t balance family and football, family will always come first.
Short-term let permits explained
Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.
Tenants also require a letter of no objection from their landlord before being allowed to list the property.
There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.
Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.
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.”
COMPANY%20PROFILE%20
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Company profile
Name: One Good Thing
Founders: Bridgett Lau and Micheal Cooke
Based in: Dubai
Sector: e-commerce
Size: 5 employees
Stage: Looking for seed funding
Investors: Self-funded and seeking external investors
Company%20Profile
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Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
RESULTS
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The Details
Kabir Singh
Produced by: Cinestaan Studios, T-Series
Directed by: Sandeep Reddy Vanga
Starring: Shahid Kapoor, Kiara Advani, Suresh Oberoi, Soham Majumdar, Arjun Pahwa
Rating: 2.5/5
Test
Director: S Sashikanth
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
Star rating: 2/5
The Farewell
Director: Lulu Wang
Stars: Awkwafina, Zhao Shuzhen, Diana Lin, Tzi Ma
Four stars
Info
What: 11th edition of the Mubadala World Tennis Championship
When: December 27-29, 2018
Confirmed: men: Novak Djokovic, Rafael Nadal, Kevin Anderson, Dominic Thiem, Hyeon Chung, Karen Khachanov; women: Venus Williams
Tickets: www.ticketmaster.ae, Virgin megastores or call 800 86 823
Mumbai Indians 213/6 (20 ov)
Royal Challengers Bangalore 167/8 (20 ov)
Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
THE BIO
Favourite book: ‘Purpose Driven Life’ by Rick Warren
Favourite travel destination: Switzerland
Hobbies: Travelling and following motivational speeches and speakers
Favourite place in UAE: Dubai Museum
Frankenstein in Baghdad
Ahmed Saadawi
Penguin Press
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
PROFILE OF CURE.FIT
Started: July 2016
Founders: Mukesh Bansal and Ankit Nagori
Based: Bangalore, India
Sector: Health & wellness
Size: 500 employees
Investment: $250 million
Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Company%20profile
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Champion%20v%20Champion%20(PFL%20v%20Bellator)
%3Cp%3EHeavyweight%3A%20Renan%20Ferreira%20v%20Ryan%20Bader%20%3Cbr%3EMiddleweight%3A%20Impa%20Kasanganay%20v%20Johnny%20Eblen%3Cbr%3EFeatherweight%3A%20Jesus%20Pinedo%20v%20Patricio%20Pitbull%3Cbr%3ECatchweight%3A%20Ray%20Cooper%20III%20v%20Jason%20Jackson%3Cbr%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EShowcase%20Bouts%3C%2Fstrong%3E%3Cbr%3EHeavyweight%3A%20Bruno%20Cappelozza%20(former%20PFL%20World%20champ)%20v%20Vadim%20Nemkov%20(former%20Bellator%20champ)%3Cbr%3ELight%20Heavyweight%3A%20Thiago%20Santos%20(PFL%20title%20contender)%20v%20Yoel%20Romero%20(Bellator%20title%20contender)%3Cbr%3ELightweight%3A%20Clay%20Collard%20(PFL%20title%20contender)%20v%20AJ%20McKee%20(former%20Bellator%20champ)%3Cbr%3EFeatherweight%3A%20Gabriel%20Braga%20(PFL%20title%20contender)%20v%20Aaron%20Pico%20(Bellator%20title%20contender)%3Cbr%3ELightweight%3A%20Biaggio%20Ali%20Walsh%20(pro%20debut)%20v%20Emmanuel%20Palacios%20(pro%20debut)%3Cbr%3EWomen%E2%80%99s%20Lightweight%3A%20Claressa%20Shields%20v%20Kelsey%20DeSantis%3Cbr%3EFeatherweight%3A%20Abdullah%20Al%20Qahtani%20v%20Edukondal%20Rao%3Cbr%3EAmateur%20Flyweight%3A%20Malik%20Basahel%20v%20Vinicius%20Pereira%3C%2Fp%3E%0A
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
The%C2%A0specs%20
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Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Profile
Company: Libra Project
Based: Masdar City, ADGM, London and Delaware
Launch year: 2017
Size: A team of 12 with six employed full-time
Sector: Renewable energy
Funding: $500,000 in Series A funding from family and friends in 2018. A Series B round looking to raise $1.5m is now live.
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ENadeera%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ERabih%20El%20Chaar%20and%20Reem%20Khattar%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ECleanTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%3C%2Fstrong%3E%20About%20%241%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EHope%20Ventures%2C%20Rasameel%20Investments%20and%20support%20from%20accelerator%20programmes%20%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2012%3C%2Fp%3E%0A
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
UAE currency: the story behind the money in your pockets
WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
%3Cp%3E%E2%80%A2%20Looming%20global%20slowdown%20and%20recession%20in%20key%20economies%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Russia-Ukraine%20war%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Interest%20rate%20hikes%20and%20the%20rising%20cost%20of%20debt%20servicing%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Oil%20price%20volatility%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Persisting%20inflationary%20pressures%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Exchange%20rate%20fluctuations%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shortage%20of%20labour%2Fskills%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20A%20resurgence%20of%20Covid%3F%3C%2Fp%3E%0A
Results
5.30pm: Maiden Dh165,000 (Turf) 1,600m; Winner: Al Battar, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer).
6.05pm: Maiden Dh165,000 (Dirt) 1,200m; Winner: Good Fighter, Richard Mullen, Satish Seemar.
6.40pm: Handicap Dh185,000 (T) 1,200m; Winner: Way Of Wisdom, Tadhg O’Shea, Satish Seemar.
7.15pm: Handicap Dh170,000 (D) 2,200m; Winner: Immortalised, Tadhg O’Shea, Satish Seemar.
7.50pm: Handicap Dh185,000 (T) 2,000m; Winner: Franz Kafka, James Doyle, Simon Crisford.
8.25pm: Handicap Dh185,000 (D) 1,200m; Winner: Mayadeen, Connor Beasley, Doug Watson.
9pm: Handicap Dh185,000 (T) 1,600m; Winner: Chiefdom, Mickael Barzalona, Salem bin Ghadayer
STAGE%201%20RESULTS
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UAE currency: the story behind the money in your pockets
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
