Henk ten Cate is convinced his team have more than enough quality to atone for that earlier loss. Pawan Singh / The National
Henk ten Cate is convinced his team have more than enough quality to atone for that earlier loss. Pawan Singh / The National
Henk ten Cate is convinced his team have more than enough quality to atone for that earlier loss. Pawan Singh / The National
Henk ten Cate is convinced his team have more than enough quality to atone for that earlier loss. Pawan Singh / The National

Henk ten Cate confident of Al Jazira improvement against Al Ahli Jeddah in final ACL group game


John McAuley
  • English
  • Arabic

Al Jazira manager Hen ten Cate is intent on “setting something straight” when his side close out their Asian Champions League Group A campaign against Al Ahli Jeddah on Tuesday, where victory could ensure the Abu Dhabi club progress as pool winners.

The UAE champions, second in the standings going into finale at the Mohammed bin Zayed Stadium, lost 2-1 in the corresponding fixture in February, despite being the better side.

Jazira spurned a number of chances in Jeddah, but have rebounded to seal a place in the knockout stages with one fixture to spare. They are three points off Ahli at the summit.

Ten Cate is convinced his team have more than enough quality to atone for that earlier loss, though, with Jazira advancing as group winners should they triumph by two or more goals.

“It’s interesting, because usually when two teams have qualified it is a game for nothing, but this is for first position in the group, which can be an advantage,” Ten Cate said. “We did not deserve to lose in Jeddah. I thought it was one of our better games this season.

“We really had them with their backs against the wall. We were unlucky with the finishing of the chances, but we had a lot of chances. So we want to set something straight. And if you win it’s always good. Because winning gives a good feeling. It gives you confidence. So I hope we win, of course. This is what we want to do.”

Jazira arrive at the match on the back of last week’s defeat to Al Wahda in the quarter-finals of the President’s Cup, stretching an unwelcome sequence to two wins in 10 outings. However, they can call upon the previously suspended Khalfan Mubarak, although goalkeeper Ali Kasheif will miss the match having picked up a booking in the last round against Qatar's Al Gharafa. In contrast, Mohammed Al Attas could be available after returning to training following injury.

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Football in the UAE

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Ahli, meanwhile, will look to consign to the past Thursday's events in the Saudi Arabian Pro League, when they lost out on the title to Al Hilal by a solitary point.

“It’s a very decent team, with good structure, disciplined and some physical power, with some good players,” Ten Cate said. “But not an opponent we lose sleep about. It’s an opponent we’ve played already and we were at least even in that game. So we’re looking forward with confidence. But, of course, every game is different.”

THE BIO

Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

The specs: 2019 Mini Cooper

Price, base: Dh141,740 (three-door) / Dh165,900 (five-door)
Engine: 1.5-litre four-cylinder (Cooper) / 2.0-litre four-cylinder (Cooper S)
Power: 136hp @ 4,500rpm (Cooper) / 192hp @ 5,000rpm (Cooper S)
Torque: 220Nm @ 1,480rpm (Cooper) / 280Nm @ 1,350rpm (Cooper S)
Transmission: Seven-speed automatic
Fuel consumption, combined: 4.8L to 5.4L / 100km

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All about the Sevens

Cape Town Sevens on Saturday and Sunday: Pools A – South Africa, Kenya, France, Russia; B – New Zealand, Australia, Spain, United States; C – England, Scotland, Argentina, Uganda; D – Fiji, Samoa, Canada, Wales

HSBC World Sevens Series standing after first leg in Dubai 1 South Africa; 2 New Zealand; 3 England; 4 Fiji; 5 Australia; 6 Samoa; 7 Kenya; 8 Scotland; 9 France; 10 Spain; 11 Argentina; 12 Canada; 13 Wales; 14 Uganda; 15 United States; 16 Russia

COMPANY PROFILE

Name: Rain Management

Year started: 2017

Based: Bahrain

Employees: 100-120

Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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 Breadwinner

Director: Nora Twomey

Starring: Saara Chaudry,  Soma Chhaya,  Laara Sadiq 

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