Luis Suarez is ready to put his biting days behind him.
The Barcelona striker was officially presented to fans on Tuesday at an event delayed for more than five weeks because of his suspension for biting an opponent at the World Cup.
Suarez said he was ready to “erase” his history of bad behavior and start fresh with the Catalan club.
“I say to all the fans, don’t worry, because I won’t do that anymore,” the former Liverpool striker said.
Suarez sunk his teeth into the shoulder of Italy defender Giorgio Chiellini at the World Cup in June, earning him a four-month ban and further damaging his already tarnished reputation. The Court of Arbitration for Sport lessened his penalty last week, allowing him to start practice with Barcelona on Friday and play the final minutes of a friendly on Monday.
The Uruguay forward won’t play a competitive match until October.
“The suspension is what it is, and I have to accept it,” Suarez said. “After what happened I didn’t want to do anything. I was depressed. But while I was with my wife and children I had to accept reality. I asked for forgiveness as I had to do, and now I have to think about the present.”
Suarez refused to go into details about what he considered was at the root of his violent behavior. He called it a “private” issue that he was treating with the “appropriate professionals”.
But the volatile former Ajax forward did say that after his latest bite he was worried about his career.
“Of course I was worried, but not only about the transfer (to Barcelona), but also about myself, for what I had done. I try to erase it,” he said. “The lesson I take from it is personal. I try to forget it.”
At 27, Suarez has accumulated three multi-match suspensions for sinking his teeth into an opponent. He has also been suspended for making racist remarks.
Unfazed by Suarez’s latest act of aggression and focussed on rebuilding team after a disappointing season, Barcelona spent big to acquire the Premier League’s leading scorer from last season. Suarez will now form one of the most potent attacks in the world with Lionel Messi and Neymar.
Barcelona vice president Jordi Mestre said Suarez cost the club EU€81 million (Dh397.3m). Media reports had said the deal was for about €97m. Mestre added that Suarez’s buyout clause has been set at €200m.
Suarez was believed to have been a long-term target for Barca’s eternal rivals Real Madrid. However, Mestre said the player’s desire to come to Catalonia had allowed the club to negotiate the with Liverpool at £10m (Dh61.1m) less than the player’s £75m release clause.
“There were options from other teams, but when the option of Barca became clear I didn’t have any doubts because it was a dream for me,” said Suarez.
“I still can’t believe it. It is something I have dreamed about but I never imagined such a beautiful dream would come true.”
Suarez won’t complete his ban from playing competitive matches for Barcelona until October 25. That will rule him out of the first eight La Liga matches and three of Barcelona’s six Champions League group matches.
His first game could be a big one. On either October 25 or 26, Barcelona will play Real Madrid in the first “El Clasico” of the season.
“I hope the time goes quickly as I want to play again,” said Suarez. “It is going to be difficult as I will have to wait some months but I have accepted this.
“My job is to train and be ready to return by the end of October. All I can do is prepare and be ready for the game against Real.
“It would be great to play but it is down to the coach,” he added.
Suarez also remains banned for Uruguay’s next eight competitive matches and will miss next year’s Copa America and some World Cup qualifying matches.
“It hurts not playing for Barcelona but it hurts even more not playing for my country,” Suarez said. “I love my country. The fact that I will miss the next Copa America hurts very much. But I have to try and forget it.”
Suarez made his debut for the Catalans in a 6-0 friendly win over Mexican side Club Leon on Monday.
“It’s not the same but I had a similar situation last year at Liverpool, I started to play on September 20. It is a long time but if you keep focused with your teammates in training it helps,” Suarez said of his expected return.
Barcelona already have a wealth of talent available in attacking areas, meaning Suarez is likely to be forced into a role on the right side of the attack.
However, he insisted that won’t phase him as he dovetailed with Daniel Sturridge last year to form a deadly partnership that nearly delivered Liverpool’s first Premier League title in 24 years.
“I am prepared to play any position in attack. This last year I played on the left and on the right because Sturridge played as the number nine. I don’t have any problem playing in any position and adapting myself to what the coach demands.
“The quality that Leo and Ney have is amazing, they are players you admire. Yesterday I was watching them in the first half and they make you want to stop and applaud.”
“I have really found a great atmosphere in the dressing room ... everyone has been very friendly and obviously the time passes quicker if you are with teammates and new people.
“Everyone knows what I can offer and I will work hard to bring trophies back to Barca which is the reason I am here.”
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PREMIER LEAGUE STATS
Romelu Lukaku's goalscoring statistics in the Premier League
Season/club/appearances (substitute)/goals
2011/12 Chelsea: 8(7) - 0
2012/13 West Brom (loan): 35(15) - 17
2013/14 Chelsea: 2(2) - 0
2013/14 Everton (loan): 31(2) - 15
2014/15 Everton: 36(4) - 10
2015/16 Everton: 37(1) - 18
2016/17 Everton: 37(1) - 25
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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.”
The specs: 2018 Mitsubishi Eclipse Cross
Price, base / as tested: Dh101,140 / Dh113,800
Engine: Turbocharged 1.5-litre four-cylinder
Power: 148hp @ 5,500rpm
Torque: 250Nm @ 2,000rpm
Transmission: Eight-speed CVT
Fuel consumption, combined: 7.0L / 100km
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
Pathaan
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Siddharth%20Anand%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Deepika%20Padukone%2C%20John%20Abraham%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Brighton 1
Gross (50' pen)
Tottenham 1
Kane (48)
Venom
Director: Ruben Fleischer
Cast: Tom Hardy, Michelle Williams, Riz Ahmed
Rating: 1.5/5
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The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Key fixtures from January 5-7
Watford v Bristol City
Liverpool v Everton
Brighton v Crystal Palace
Bournemouth v AFC Fylde or Wigan
Coventry v Stoke City
Nottingham Forest v Arsenal
Manchester United v Derby
Forest Green or Exeter v West Brom
Tottenham v AFC Wimbledon
Fleetwood or Hereford v Leicester City
Manchester City v Burnley
Shrewsbury v West Ham United
Wolves v Swansea City
Newcastle United v Luton Town
Fulham v Southampton
Norwich City v Chelsea
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
Killing of Qassem Suleimani
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
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HOSTS
T20 WORLD CUP
2024: US and West Indies; 2026: India and Sri Lanka; 2028: Australia and New Zealand; 2030: England, Ireland and Scotland
ODI WORLD CUP
2027: South Africa, Zimbabwe and Namibia; 2031: India and
Bangladesh
CHAMPIONS TROPHY
2025: Pakistan; 2029: India
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The specs
Engine: 3-litre twin-turbo V6
Power: 400hp
Torque: 475Nm
Transmission: 9-speed automatic
Price: From Dh215,900
On sale: Now
TO ALL THE BOYS: ALWAYS AND FOREVER
Directed by: Michael Fimognari
Starring: Lana Condor and Noah Centineo
Two stars
Gender equality in the workplace still 200 years away
It will take centuries to achieve gender parity in workplaces around the globe, according to a December report from the World Economic Forum.
The WEF study said there had been some improvements in wage equality in 2018 compared to 2017, when the global gender gap widened for the first time in a decade.
But it warned that these were offset by declining representation of women in politics, coupled with greater inequality in their access to health and education.
At current rates, the global gender gap across a range of areas will not close for another 108 years, while it is expected to take 202 years to close the workplace gap, WEF found.
The Geneva-based organisation's annual report tracked disparities between the sexes in 149 countries across four areas: education, health, economic opportunity and political empowerment.
After years of advances in education, health and political representation, women registered setbacks in all three areas this year, WEF said.
Only in the area of economic opportunity did the gender gap narrow somewhat, although there is not much to celebrate, with the global wage gap narrowing to nearly 51 per cent.
And the number of women in leadership roles has risen to 34 per cent globally, WEF said.
At the same time, the report showed there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by women.
And women are significantly under-represented in growing areas of employment that require science, technology, engineering and mathematics skills, WEF said.
* Agence France Presse