Al Ain's new manager Zoran Mamic was presented to the media on Wednesday, February 1, 2017. Courtesy Al Ain FC
Al Ain's new manager Zoran Mamic was presented to the media on Wednesday, February 1, 2017. Courtesy Al Ain FC

Zoran Mamic keen to build on Zlatko Dalic’s work at Al Ain but former club Al Nassr not happy



Zoran Mamic was confirmed as Al Ain’s new manager on Wednesday. The Croat, who stepped down as manager of Saudi Arabia’s Al Nassr last week, spoke to media at the Hazza bin Zayed Stadium.

New man at the helm

Mamic, 45, helped Dyinamo Zagreb to three successive league titles between 2014 and 2016 before moving last summer to Nassr. At Al Ain, he succeeds Zlatko Dalic, who left the club last week following a run of three league matches without a victory. Still, Al Ain are second in the Arabian Gulf League, seven points adrift of Al Jazira with 10 rounds remaining. The 2016 Asian Champions League runners-up begin their 2017 continental campaign on February 21.

Nassr make public their grievances

The Saudi club released a statement on Wednesday complaining about losing Mamic, who only last month signed an extension to his contract. It read: “Up until this moment we have not received any call or letter from Al Ain. This is baffling to us and forces us to revisit all of the previous statements and dealings with that club. We are keen on maintaining good relations and that these relations aren’t just based on football – they extend way further than that. This kind of behaviour is not befitting of a club like Al Ain and not fitting for the kind of men they are and the values and symbols they represent throughout the long history of such a historic club, who have always been at the forefront of maintaining good relationships with their brother teams.”

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Read more

■ Zoram Mamic: Al Ain appoint Croat as their new manager

■ Preview: Al Wahda face defining week in Arabian Gulf League and Asia

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On when Al Ain first made contact

“This is not so important, maybe for the club and for the relationship to Al Nassr,” Mamic said. “For me, it is important that I am here and what is in the past is in the past. We have to look to the future. I want to thank my former club for a good six or seven months. But Al Ain is at another level. I’ve watched lots of Al Ain games and I must say the quality of Al Ain is much bigger than all other teams in Saudi Arabia. I’m very, very happy to be here. It’s a big responsibility for me and my staff, but we are ready to fight.”

On taking over a ‘big club’

“It’s a big pride for me. I can promise I will give everything with my staff: lots of energy, lots of hard work and we will give our best. I know the expectation for this club, what is my job, that this club deserves the championship, deserves winning cups, deserves playing in the Champions League and winning the trophy. This is what I like: a club with big reputation and with big ambition.”

On Dalic’s offering his help

“I also want to thank Zlatko and his staff. I spoke many times with him and them. They gave me lots of information about the team. Zlatko knows us for many, many years and I’ve followed his work here in Al Ain. In the last few days we watched many, many games on video and I hope that, from the beginning, we will do a good job and that the club and the people from the club will be happy from us.”

On his message to the fans

“I can promise to give all the best and that the team will be good. Of course, we need a bit of luck and support, but I’m sure the quality of this team is very, very high. All we have to do is work hard every day, to have confidence that we are good, that we are a big, big team. On paper what I said is true, but all of this we have to show on the pitch. Not talking, only to work, work, work every day to improve our quality because I’m sure there’s big, big potential in this team. The level Zlatko made with his team was very, very high – it will not be easy for us. But this is in the past, what is important is what happens tomorrow and in the future.”

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The specs
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The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

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States of Passion by Nihad Sirees,
Pushkin Press

Sanju

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Cast: Ranbir Kapoor, Vicky Kaushal, Paresh Rawal, Anushka Sharma, Manish’s Koirala, Dia Mirza, Sonam Kapoor, Jim Sarbh, Boman Irani

Rating: 3.5 stars

BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES

SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities

Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails

Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies

Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

The more serious side of specialty coffee

While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.

The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.

Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”

One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.

Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms. 

Manikarnika: The Queen of Jhansi

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Rating: 2.5/5

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Indoor cricket in a nutshell

Indoor Cricket World Cup – Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

Specs

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THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

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Transmission: 8-speed automatic

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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.”

Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

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if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg