Amid swirling sands and a capricious crosswind, Karolina Pliskova won an error-strewn semi-final at the Dubai Tennis Championships to edge Garbine Muguruza 6-4, 5-7, 7-5.
The 22-year-old Czech’s consistent if unadventurous performance from the baseline was enough to frustrate her aggressive Spanish opponent and book a place in today’s final at the Aviation Club.
Billed as a battle of the big servers, the two six-footers had entered the Aviation Club having already hit a combined total of 55 aces at this week’s US$2.5 million (Dh9.2m) tournament.
Yet with an early morning sandstorm forcing organisers to dispatch a team of volunteers to sweep centre court, the quality of serving was initially affected when the match started shortly after 5pm.
In the first game, Muguruza hit two consecutive double-faults to trail 30-0, before recovering with a pair of aces to hold.
The 21 year old, world No 24 had shown precision and power in earlier defeats of 12th seed Jelena Jankovic, world No 8 Agnieska Radwanska and Spanish No 1 Carla Suarez Navarro en route to her first Premier 5 semi-final. But her booming serve failed too often yesterday and her net play proved erratic.
“It was strange because in the air was this brown ... When I was touching my face, it was like sand,” Muguruza said.
“The court was a little bit slippery at the end, but the other [player] has the same problem so I cannot complain.
“It was a very good week. I won incredible matches. I’m now p----d because I lost this one, but I will play against her soon again, so let’s see.”
In the first set alone, Muguruza double-faulted nine times – two more than in the entire three sets of her quarter-final with Suarez Navarro – and won only 25 per cent of the points from her second serve.
In contrast, Pliskova, who started the week positioned at a career-high No 18 in the world and could now rise as high as 11, often appeared content to simply serve well and ensure she returned that of her opponent.
“It was a little bit windy, more than the other days, but I didn’t feel any difference in my serve or game,” Pliskova said.
She said the sand on the court affected the speed of the ball.
“The first set was a little bit tricky from both of us. We were doing quite a lot of mistakes. She was not serving good at all. She was doing double faults.”
Muguruza certainly had her chances.
In the seventh game with things having gone to serve, she led 40-0, but threw it away to face five break points and eventually double faulted to go behind 4-3.
After failing to break back, she started the second set in a far more composed manner as the winds calmed.
When she broke in the 12th game to take the set and level the scores, she did so without facing a single break point and only double faulting once.
“I played bad, but even playing and I almost won the match,” Muguruza said.
“It’s all mental. You just have to put the ball in because the other player is also nervous. I have the proof here: I think Pliskova was playing – she closed her eyes and she hits it and it’s a winner.”
Pliskova had been in fine form in 2015, reaching the semi-finals in Antwerp this month and the final of January’s Sydney International to break into the world top 20 for the first time.
She leads the WTA in aces for the year having hit 144 through 21 matches and finished yesterday with 13 aces to Muguruza’s nine.
“Of course my serve is my biggest weapon, but I did some double faults here as well,” Pliskova said. “There is a lot to improve in the serve, but I’m happy that it’s working.”
If Pliskova’s serving form continues, today’s other finalist may have to weather a storm of an altogether different nature.
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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.”
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
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Disturbing%20facts%20and%20figures
%3Cp%3E%3Cstrong%3E51%25%3C%2Fstrong%3E%20of%20parents%20in%20the%20UAE%20feel%20like%20they%20are%20failing%20within%20the%20first%20year%20of%20parenthood%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E57%25%20vs%2043%25%3C%2Fstrong%3E%20is%20the%20number%20of%20mothers%20versus%20the%20number%20of%20fathers%20who%20feel%20they%E2%80%99re%20failing%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E28%25%3C%2Fstrong%3E%20of%20parents%20believe%20social%20media%20adds%20to%20the%20pressure%20they%20feel%20to%20be%20perfect%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E55%25%3C%2Fstrong%3E%20of%20parents%20cannot%20relate%20to%20parenting%20images%20on%20social%20media%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E67%25%3C%2Fstrong%3E%20of%20parents%20wish%20there%20were%20more%20honest%20representations%20of%20parenting%20on%20social%20media%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E53%25%3C%2Fstrong%3E%20of%20parents%20admit%20they%20put%20on%20a%20brave%20face%20rather%20than%20being%20honest%20due%20to%20fear%20of%20judgment%3C%2Fp%3E%0A%3Cp%3E%3Cspan%20style%3D%22font-size%3A%2014px%3B%22%3ESource%3A%20YouGov%3C%2Fspan%3E%3C%2Fp%3E%0A
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag