New Chelsea owner Todd Boehly, right, with chairman Bruce Buck at Stamford Bridge during the match against Wolves on Saturday, May 7, 2022. AP
New Chelsea owner Todd Boehly, right, with chairman Bruce Buck at Stamford Bridge during the match against Wolves on Saturday, May 7, 2022. AP
Todd Boehly, centre, at Stamford Bridge during the match against Wolves. Getty
Todd Boehly, centre, at Stamford Bridge during the match against Wolves. Getty
Chelsea's Romelu Lukaku, left, celebrates scoring against Wolverhampton Wanderers at Stamford Bridge on May 7, 2022. PA
Chelsea's Romelu Lukaku, left, celebrates scoring against Wolverhampton Wanderers at Stamford Bridge on May 7, 2022. PA
Conor Coady of Wolverhampton Wanderers after scoring the late equaliser against Chelsea at Stamford Bridge. Getty
Conor Coady of Wolverhampton Wanderers after scoring the late equaliser against Chelsea at Stamford Bridge. Getty
Chelsea's striker Romelu Lukaku, left, after scoring the second goal against Wolverhampton Wanderers at Stamford Bridge. AFP
Chelsea's striker Romelu Lukaku, left, after scoring the second goal against Wolverhampton Wanderers at Stamford Bridge. AFP
Chelsea's Romelu Lukaku scores his side's first goal of the game from the penalty spot. PA
Chelsea's Romelu Lukaku scores his side's first goal of the game from the penalty spot. PA
Chelsea's Romelu Lukaku scored both the goals for his team. Reuters
Chelsea's Romelu Lukaku scored both the goals for his team. Reuters
Chelsea's new owner Todd Boehly, centre, celebrates Romelu Lukaku's goal. Reuters
Chelsea's new owner Todd Boehly, centre, celebrates Romelu Lukaku's goal. Reuters
Chelsea's new owner Todd Boehly celebrates the team's first goal, which was disallowed following a VAR review. AFP
Chelsea's new owner Todd Boehly celebrates the team's first goal, which was disallowed following a VAR review. AFP
Chelsea's manager Thomas Tuchel. EPA
Chelsea's manager Thomas Tuchel. EPA
Wolverhampton Wanderers' Francisco Trincao scores at Stamford Bridge. PA
Wolverhampton Wanderers' Francisco Trincao scores at Stamford Bridge. PA

Sport

Football

Todd Boehly '100 per cent in' after completing Chelsea takeover

Consortium led by US tycoon finalised purchase of Premier League club on Monday

The National

May 30, 2022

  • English
  • Arabic

Chelsea are officially under new ownership as Todd Boehly completed his £4.25billion ($5.3bn) purchase of the Stamford Bridge club on Monday.

Los Angeles Dodgers co-owner Boehly had earlier agreed to purchase the Premier League team, ending Roman Abramovich’s ownership tenure after 19 years.

The London club was put up for sale before Abramovich was sanctioned over his links to Russian president Vladimir Putin.

After a number of bids were rejected, Chelsea agreed to a deal with the consortium that included Boehly, Dodgers principal owner Mark Walter, Swiss billionaire Hansjorg Wyss, and funding from private equity firm Clearlake Capital.

The 48-year-old US tycoon's consortium finally took over at Stamford Bridge on Monday, having completed the record sports franchise purchase. Boehly's team fought off serious rivals to become the new Chelsea owners, in a sale process that started on March 2.

"We are honoured to become the new custodians of Chelsea Football Club," said Boehly.

"We're all in – 100 per cent – every minute of every match. Our vision as owners is clear: we want to make the fans proud.

"Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long-term and build on Chelsea's remarkable history of success.

"I personally want to thank ministers and officials in the British Government, and the Premier League, for all their work in making this happen."

Chelsea 2021/22 season ratings

CHELSEA END OF SEASON RATINGS: (Manager) Thomas Tuchel: 9. A Premier League title challenge may have faded amid the relentless pace of Manchester City and Liverpool but third place, the Fifa Club World Cup, and reaching both domestic finals represent a fine campaign. Even more so when he had to operate under government-imposed sanctions, and he led the club during a period of uncertainty with poise and dignity. EPA
CHELSEA END OF SEASON RATINGS: (Manager) Thomas Tuchel: 9. A Premier League title challenge may have faded amid the relentless pace of Manchester City and Liverpool but third place, the Fifa Club World Cup, and reaching both domestic finals represent a fine campaign. Even more so when he had to operate under government-imposed sanctions, and he led the club during a period of uncertainty with poise and dignity. EPA
(Goalkeepers) Edouard Mendy: 8. Another strong season for the Senegalese. There was a spell midway through the season where Mendy was unbeatable, and while he was guilty of some costly mistakes, most notably against Real Madrid, he is a key player for Chelsea. Getty
(Goalkeepers) Edouard Mendy: 8. Another strong season for the Senegalese. There was a spell midway through the season where Mendy was unbeatable, and while he was guilty of some costly mistakes, most notably against Real Madrid, he is a key player for Chelsea. Getty
Kepa Arrizabalaga: 7. Had his best season yet for Chelsea, deputising effectively while Mendy was on Afcon duty and impressing in the cups, while the Spaniard was superb in the Club World Cup semi-final. But - and it's a rather big but - his League Cup final cameo was disastrous; coming on for the shootout, Kepa didn't get anywhere near Liverpool's penalties before blazing his effort out of the stadium. PA
Kepa Arrizabalaga: 7. Had his best season yet for Chelsea, deputising effectively while Mendy was on Afcon duty and impressing in the cups, while the Spaniard was superb in the Club World Cup semi-final. But - and it's a rather big but - his League Cup final cameo was disastrous; coming on for the shootout, Kepa didn't get anywhere near Liverpool's penalties before blazing his effort out of the stadium. PA
(Defenders) Antonio Rudiger: 9. Chelsea's player of the season, the German defender was superb throughout, leading from the back with rock solid defensive displays and contributing with some goals. Gut-wrenching for Chelsea fans that he's leaving. Getty
(Defenders) Antonio Rudiger: 9. Chelsea's player of the season, the German defender was superb throughout, leading from the back with rock solid defensive displays and contributing with some goals. Gut-wrenching for Chelsea fans that he's leaving. Getty
Andreas Christensen: 6. Challenged by Tuchel at the end of the 2020/21 season to stake his claim in the first team but it was another year as a squad player, although played most of Chelsea's Champions League campaign. Had a decent enough season but his form faded after he had clearly decided to leave, and made himself unavailable for the FA Cup final. Getty
Andreas Christensen: 6. Challenged by Tuchel at the end of the 2020/21 season to stake his claim in the first team but it was another year as a squad player, although played most of Chelsea's Champions League campaign. Had a decent enough season but his form faded after he had clearly decided to leave, and made himself unavailable for the FA Cup final. Getty
Trevoh Chalobah: 7. Had a dream goalscoring Premier League debut and maintained that strong form during the early part of the season. Performances dipped towards the back end of the campaign but the Academy graduate looks set for a big future in the first team. EPA
Trevoh Chalobah: 7. Had a dream goalscoring Premier League debut and maintained that strong form during the early part of the season. Performances dipped towards the back end of the campaign but the Academy graduate looks set for a big future in the first team. EPA
Malang Sarr: 6. After spending last season on loan at Porto, got his chance in the Chelsea setup after the long-term injury to Ben Chilwell. Largely dependable at left centre-back and wing-back without being spectacular, although had a horror show against Luton in the FA Cup. Getty
Malang Sarr: 6. After spending last season on loan at Porto, got his chance in the Chelsea setup after the long-term injury to Ben Chilwell. Largely dependable at left centre-back and wing-back without being spectacular, although had a horror show against Luton in the FA Cup. Getty
Thiago Silva: 8. What's left to say about the ageless Brazilian? Another year older but still as classy as defenders come, the 37-year-old shows no signs of slowing down. Given the impending upheaval to Chelsea's defence this summer, the club will be delighted Silva is staying for another season. Getty
Thiago Silva: 8. What's left to say about the ageless Brazilian? Another year older but still as classy as defenders come, the 37-year-old shows no signs of slowing down. Given the impending upheaval to Chelsea's defence this summer, the club will be delighted Silva is staying for another season. Getty
Marcos Alonso: 7. Still defensively suspect when targeted one-on-one by opposition wingers but remained an attacking threat down Chelsea's left flank. Probably played more games than expected following Chilwell's injury and, overall, had a good season. Reuters
Marcos Alonso: 7. Still defensively suspect when targeted one-on-one by opposition wingers but remained an attacking threat down Chelsea's left flank. Probably played more games than expected following Chilwell's injury and, overall, had a good season. Reuters
Ben Chilwell: 7. Superb for the first three months until a cruciate ligament injury curtailed his season. Once he returns to fitness, the England international will be a major player for Chelsea. EPA
Ben Chilwell: 7. Superb for the first three months until a cruciate ligament injury curtailed his season. Once he returns to fitness, the England international will be a major player for Chelsea. EPA
Reece James: 9. How Chelsea missed the England defender during his various injury absences. Often Chelsea's most effective attacking player when at wing-back and solid when deployed in a back three, James was consistently excellent, contributing six goals and 10 assists. Getty
Reece James: 9. How Chelsea missed the England defender during his various injury absences. Often Chelsea's most effective attacking player when at wing-back and solid when deployed in a back three, James was consistently excellent, contributing six goals and 10 assists. Getty
Cesar Azpilicueta: 6. Earned plenty of praise for deflecting attention away from Kai Havertz prior to the German's Club World Cup-winning penalty. But it was generally a season of decline from the captain. Azpilicueta has started to look leggy and was guilty of several individual errors. If he stays, his leadership remains important but his game time will surely decrease next season. PA
Cesar Azpilicueta: 6. Earned plenty of praise for deflecting attention away from Kai Havertz prior to the German's Club World Cup-winning penalty. But it was generally a season of decline from the captain. Azpilicueta has started to look leggy and was guilty of several individual errors. If he stays, his leadership remains important but his game time will surely decrease next season. PA
(Midfielders) N'Golo Kante: 7. After five exemplary seasons in Chelsea blue, this was the first where Kante was below his brilliant best. Injuries were the key factor and he was a less imposing figure in midfield, particularly during the second half of the season. Still a key player for Tuchel, though. EPA
(Midfielders) N'Golo Kante: 7. After five exemplary seasons in Chelsea blue, this was the first where Kante was below his brilliant best. Injuries were the key factor and he was a less imposing figure in midfield, particularly during the second half of the season. Still a key player for Tuchel, though. EPA
Jorginho: 7. Did what he does by helping Chelsea retain possession and control midfields but too often the tempo was too slow when the Italian was on the pitch and dictating play. Played well in the FA Cup final, to be fair, but as he enters the final year of his contact, Tuchel will need to decide whether he renews and stays or it's time to move on. AFP
Jorginho: 7. Did what he does by helping Chelsea retain possession and control midfields but too often the tempo was too slow when the Italian was on the pitch and dictating play. Played well in the FA Cup final, to be fair, but as he enters the final year of his contact, Tuchel will need to decide whether he renews and stays or it's time to move on. AFP
Mateo Kovacic: 8. Once again Chelsea's standout central midfielder and he was sorely missed during a six-week injury and Covid absence. The Croatian provides so much all-round quality to the Blues midfield. Scored their goal of the season, too, with a stunner against Liverpool. EPA
Mateo Kovacic: 8. Once again Chelsea's standout central midfielder and he was sorely missed during a six-week injury and Covid absence. The Croatian provides so much all-round quality to the Blues midfield. Scored their goal of the season, too, with a stunner against Liverpool. EPA
Saul Niguez: 3. Arrived on a season-long loan from Atletico Madrid with the intention of adding a new dimension to the Chelsea midfield with his pace, skill, and eye for goal. Instead, Saul barely featured after clearly struggling to adapt to the pace of English football. It's a shame because there's no doubt he's a major talent. Reuters
Saul Niguez: 3. Arrived on a season-long loan from Atletico Madrid with the intention of adding a new dimension to the Chelsea midfield with his pace, skill, and eye for goal. Instead, Saul barely featured after clearly struggling to adapt to the pace of English football. It's a shame because there's no doubt he's a major talent. Reuters
Ruben Loftus-Cheek: 7. Climbed the midfield pecking order this season and rewarded Tuchel with some fine performances, mixed in with some frustratingly quiet displays. There is a nagging sense that there's still much more to come. Reuters
Ruben Loftus-Cheek: 7. Climbed the midfield pecking order this season and rewarded Tuchel with some fine performances, mixed in with some frustratingly quiet displays. There is a nagging sense that there's still much more to come. Reuters
Ross Barkley: 5. Limited to six league appearances and 14 in all competitions, making just four starts, Barkley is nowhere near Tuchel's plans and will likely be heading for the exit this summer. His last contribution looks set to be the final day winner against Watford. Getty
Ross Barkley: 5. Limited to six league appearances and 14 in all competitions, making just four starts, Barkley is nowhere near Tuchel's plans and will likely be heading for the exit this summer. His last contribution looks set to be the final day winner against Watford. Getty
Mason Mount: 9. A player who will always have his detractors, despite a mountain of evidence to support his quality. The England midfielder was Chelsea's best and most consistent attacking threat this season, contributing to 29 goals (13 scored, 16 assisted) across all competitions. One of the first tasks for the new owners should be to tie Mount down to a big, fat long-term contract. PA
Mason Mount: 9. A player who will always have his detractors, despite a mountain of evidence to support his quality. The England midfielder was Chelsea's best and most consistent attacking threat this season, contributing to 29 goals (13 scored, 16 assisted) across all competitions. One of the first tasks for the new owners should be to tie Mount down to a big, fat long-term contract. PA
(Forwards) Kai Havertz: 7. Another major final winner from the German, this time at the Club World Cup, and he has definitely found a higher and more consistent level than his stop-start debut season. Still, for all his talent, there were a few too many anonymous displays. A top player, though. Getty
(Forwards) Kai Havertz: 7. Another major final winner from the German, this time at the Club World Cup, and he has definitely found a higher and more consistent level than his stop-start debut season. Still, for all his talent, there were a few too many anonymous displays. A top player, though. Getty
Hakim Ziyech: 6. Either the best player on the pitch or a ghost, it was a frustratingly inconsistent season from the Moroccan winger. There was a spell at the start of the year when he scored three games in a row and it appeared the code had been cracked, but he was unable to maintain the form for the rest of the season. Getty
Hakim Ziyech: 6. Either the best player on the pitch or a ghost, it was a frustratingly inconsistent season from the Moroccan winger. There was a spell at the start of the year when he scored three games in a row and it appeared the code had been cracked, but he was unable to maintain the form for the rest of the season. Getty
Christian Pulisic: 5. An ankle injury at the start of the season seemed to kill the momentum he built from his superb end to the previous campaign, and the American never really got going. Popped up with some important goals but his contribution was below-par for a player who should have a key attacking role. Getty
Christian Pulisic: 5. An ankle injury at the start of the season seemed to kill the momentum he built from his superb end to the previous campaign, and the American never really got going. Popped up with some important goals but his contribution was below-par for a player who should have a key attacking role. Getty
Callum Hudson-Odoi: 6. Contributed in parts during the first half of the campaign before an achilles injury ended his season early. Still only 21 and has a lot more to offer in the years to come but will need a run in the first team when he returns to fitness. AFP
Callum Hudson-Odoi: 6. Contributed in parts during the first half of the campaign before an achilles injury ended his season early. Still only 21 and has a lot more to offer in the years to come but will need a run in the first team when he returns to fitness. AFP
Romelu Lukaku: 4. The 'final piece of the jigsaw' felt more like square peg, round hole for most of the season. Lukaku looked like he would run riot on his return to Chelsea after a strong start but a goal drought, followed by injury, followed by an explosive interview saw the Belgian spend more time on the bench than on the pitch. Scored twice in two games to help Chelsea win the Club World Cup, and found some form at the end of the campaign to suggest his best can be rediscovered - if he's still there after the summer. AFP
Romelu Lukaku: 4. The 'final piece of the jigsaw' felt more like square peg, round hole for most of the season. Lukaku looked like he would run riot on his return to Chelsea after a strong start but a goal drought, followed by injury, followed by an explosive interview saw the Belgian spend more time on the bench than on the pitch. Scored twice in two games to help Chelsea win the Club World Cup, and found some form at the end of the campaign to suggest his best can be rediscovered - if he's still there after the summer. AFP
Timo Werner: 6. The German is a firm fan favourite for his committed displays, and his pace and direct running continued to cause opposition defences problems. Still not enough end product, though, and the goalscoring problems have continued. PA
Timo Werner: 6. The German is a firm fan favourite for his committed displays, and his pace and direct running continued to cause opposition defences problems. Still not enough end product, though, and the goalscoring problems have continued. PA

Boehly, the CEO of investment firm Eldridge Industries, has experience of being a part-owner of major sports teams. He owns 20 per cent of Major League Baseball franchise LA Dodgers and last year acquired a 27 per cent stake in NBA team Los Angeles Lakers. He is also part-owner of WNBA team Los Angeles Sparks.

Russian-Israeli billionaire Abramovich's 19-year tenure as Chelsea owner has thus come to an end. He oversaw a successful period, changing the face of English football forever with his major investment and drive for success.

Chelsea had been operating under a special license issued by the UK government since Abramovich's assets were frozen in March and it was set to expire on May 31.

The club said they had received more than 250 enquiries from proposed purchasers, adding that 32 confidentiality agreements had been reached with interested parties.

They eventually received 12 credible bids, which were narrowed down to four before the Boehly-led consortium was chosen as the preferred bidder.

Abramovich bought the club in 2003 for a reported £140 million ($177.21 million), with his investment resulting in the most successful era in their history as they won five Premier League titles, five FA Cups and the Champions League twice.

Abramovich officially put the club up for sale on March 2, amid Russia's invasion of Ukraine. The UK government then sanctioned Abramovich on March 10, claiming to have proven his links to Putin.

Clearlake Capital co-founders Behdad Eghbali and Jose Feliciano expressed their delight at pulling off the deal for Chelsea, and pointed to a bright future.

"We are excited to commit the resources to continue Chelsea's leading role in English and global football, and as an engine for football talent development," said Eghbali and Feliciano in a joint statement.

"We also want to thank the authorities for all their work throughout the process.

"As pioneers in sports and media investing, we are thrilled to partner with Todd and the rest of the consortium to meaningfully grow the club as a global platform.

"Together, we will expand the club's investment across infrastructure, technology, and sports science to support the incredible Chelsea football and commercial teams – all with the goal of leveraging this growth to fuel even more on-pitch success."

The completion of the sale now allows Chelsea to renew transfer activity as well as permit players to sign new contracts, which was prohibited as part of the sanctions imposed. It will also allow manager Thomas Tuchel to breathe easier after the distraction of the sale affected their recent campaign.

Chelsea finished third in the recently concluded Premier League season. They lost to Liverpool in the FA Cup and League Cup finals, while they were knocked out of the Champions League in the quarter-finals by eventual champions Real Madrid.

UAE currency: the story behind the money in your pockets
UAE squad

Esha Oza (captain), Al Maseera Jahangir, Emily Thomas, Heena Hotchandani, Indhuja Nandakumar, Katie Thompson, Lavanya Keny, Mehak Thakur, Michelle Botha, Rinitha Rajith, Samaira Dharnidharka, Siya Gokhale, Sashikala Silva, Suraksha Kotte, Theertha Satish (wicketkeeper) Udeni Kuruppuarachchige, Vaishnave Mahesh.

UAE tour of Zimbabwe

All matches in Bulawayo
Friday, Sept 26 – First ODI
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I

Also on December 7 to 9, the third edition of the Gulf Car Festival (www.gulfcarfestival.com) will take over Dubai Festival City Mall, a new venue for the event. Last year's festival brought together about 900 cars worth more than Dh300 million from across the Emirates and wider Gulf region – and that first figure is set to swell by several hundred this time around, with between 1,000 and 1,200 cars expected. The first day is themed around American muscle; the second centres on supercars, exotics, European cars and classics; and the final day will major in JDM (Japanese domestic market) cars, tuned vehicles and trucks. Individuals and car clubs can register their vehicles, although the festival isn’t all static displays, with stunt drifting, a rev battle, car pulls and a burnout competition.

The full list of 2020 Brit Award nominees (winners in bold):

British group

Coldplay

Foals

Bring me the Horizon

D-Block Europe

Bastille

British Female

Mabel

Freya Ridings

FKA Twigs

Charli xcx

Mahalia​

British male

Harry Styles

Lewis Capaldi

Dave

Michael Kiwanuka

Stormzy​

Best new artist

Aitch

Lewis Capaldi

Dave

Mabel

Sam Fender

Best song

Ed Sheeran and Justin Bieber - I Don’t Care

Mabel - Don’t Call Me Up

Calvin Harrison and Rag’n’Bone Man - Giant

Dave - Location

Mark Ronson feat. Miley Cyrus - Nothing Breaks Like A Heart

AJ Tracey - Ladbroke Grove

Lewis Capaldi - Someone you Loved

Tom Walker - Just You and I

Sam Smith and Normani - Dancing with a Stranger

Stormzy - Vossi Bop

International female

Ariana Grande

Billie Eilish

Camila Cabello

Lana Del Rey

Lizzo

International male

Bruce Springsteen

Burna Boy

Tyler, The Creator

Dermot Kennedy

Post Malone

Best album

Stormzy - Heavy is the Head

Michael Kiwanuka - Kiwanuka

Lewis Capaldi - Divinely Uninspired to a Hellish Extent

Dave - Psychodrama

Harry Styles - Fine Line

Rising star

Celeste

Joy Crookes

beabadoobee

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

On Women's Day
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

How to tell if your child is being bullied at school

Sudden change in behaviour or displays higher levels of stress or anxiety

Shows signs of depression or isolation

Ability to sleep well diminishes

Academic performance begins to deteriorate

Changes in eating habits

Struggles to concentrate

Refuses to go to school

Behaviour changes and is aggressive towards siblings

Begins to use language they do not normally use

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
'Saand Ki Aankh'

Produced by: Reliance Entertainment with Chalk and Cheese Films
Director: Tushar Hiranandani
Cast: Taapsee Pannu, Bhumi Pednekar, Prakash Jha, Vineet Singh
Rating: 3.5/5 stars

MATCH INFO

Tottenham Hotspur 3 (Son 1', Kane 8' & 16') West Ham United 3 (Balbuena 82', Sanchez og 85', Lanzini 90' 4)

Man of the match Harry Kane

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Huroob Ezterari

Director: Ahmed Moussa

Starring: Ahmed El Sakka, Amir Karara, Ghada Adel and Moustafa Mohammed

Three stars

FIVE%20TRENDS%20THAT%20WILL%20SHAPE%20UAE%20BANKING
%3Cp%3E%E2%80%A2%20The%20digitisation%20of%20financial%20services%20will%20continue%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Managing%20and%20using%20data%20effectively%20will%20become%20a%20competitive%20advantage%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Digitisation%20will%20require%20continued%20adjustment%20of%20operating%20models%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Banks%20will%20expand%20their%20role%20in%20the%20customer%20life%20through%20ecosystems%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20The%20structure%20of%20the%20sector%20will%20change%3C%2Fp%3E%0A
On Women's Day
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Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

While you're here
Rooney's club record

At Everton Appearances: 77; Goals: 17

At Manchester United Appearances: 559; Goals: 253

While you're here
Try out the test yourself

Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer

Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer

Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer

The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania. 

Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).

UAE currency: the story behind the money in your pockets
Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Results

Female 49kg: Mayssa Bastos (BRA) bt Thamires Aquino (BRA); points 0-0 (advantage points points 1-0).

Female 55kg: Bianca Basilio (BRA) bt Amal Amjahid (BEL); points 4-2.

Female 62kg: Beatriz Mesquita (BRA) v Ffion Davies (GBR); 10-2.

Female 70kg: Thamara Silva (BRA) bt Alessandra Moss (AUS); submission.

Female 90kg: Gabreili Passanha (BRA) bt Claire-France Thevenon (FRA); submission.

Male 56kg: Hiago George (BRA) bt Carlos Alberto da Silva (BRA); 2-2 (2-0)

Male 62kg: Gabriel de Sousa (BRA) bt Joao Miyao (BRA); 2-2 (2-1)

Male 69kg: Paulo Miyao (BRA) bt Isaac Doederlein (USA); 2-2 (2-2) Ref decision.

Male 77kg: Tommy Langarkar (NOR) by Oliver Lovell (GBR); submission.

Male 85kg: Rudson Mateus Teles (BRA) bt Faisal Al Ketbi (UAE); 2-2 (1-1) Ref decision.

Male 94kg: Kaynan Duarte (BRA) bt Adam Wardzinski (POL); submission.

Male 110kg: Joao Rocha (BRA) bt Yahia Mansoor Al Hammadi (UAE); submission.

More coverage from the Future Forum
What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

FIXTURES

Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)

Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)

Friday, February 1
Final, Zayed Sports City Stadium (6pm)

ORDER OF PLAY ON SHOW COURTS

Centre Court - 4pm (UAE)
Gael Monfils (15) v Kyle Edmund
Karolina Pliskova (3) v Magdalena Rybarikova
Dusan Lajovic v Roger Federer (3)

Court 1 - 4pm
Adam Pavlasek v Novak Djokovic (2)
Dominic Thiem (8) v Gilles Simon
Angelique Kerber (1) v Kirsten Flipkens

Court 2 - 2.30pm
Grigor Dimitrov (13) v Marcos Baghdatis
Agnieszka Radwanska (9) v Christina McHale
Milos Raonic (6) v Mikhail Youzhny
Tsvetana Pironkova v Caroline Wozniacki (5)

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea
On Women's Day
UAE currency: the story behind the money in your pockets
Updated: May 30, 2022, 5:46 PM`
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