The final Grand Slam of the season is upon us and the top stars of the US Open talked in New York ahead of Monday’s main draw kick-off.
Here are some highlights from a busy media day at Flushing Meadows.
All eyes on Djokovic, and he knows it
World No 1 Novak Djokovic is on the cusp of history this coming two weeks at the US Open as he bids to become the first man since Rod Laver in 1969, and the first player since Steffi Graf in 1988, to sweep all four majors in the same calendar year.
The Serb, who is also going for a record-breaking 21st Grand Slam title which would see him surpass Roger Federer and Rafael’s tally of 20, says he “can’t wait” to get his campaign going but is well aware of the pressure on his shoulders, especially in the absence of his two greatest rivals.
“I'm hugely inspired and motivated by that, no doubt. But at the same time I know how to balance things out mentally, with lots of expectations obviously around,” Djokovic told reporters at the Billie Jean King Tennis Centre.
“My participation here, without Rafa and Roger participating, I feel it. I know there's a lot of people who are going to be watching my matches and expecting me to do well and fight for a Slam.”
This is the first time Djokovic arrives to New York having won the opening three majors of the season. When he clinched a second Roland Garros crown in June — it is historically his least successful major — Djokovic says he “felt it could be possible” to complete the Grand Slam.
“I thrive under pressure. This is what you work for day in, day out, all your life, to put yourself in a unique position to win grand slams and to make history. At the end of the day I'm a big tennis fan, fan of history. I admire this sport. I love it. I have this chance, and I'm going to try to use it.”
As for the chasing pack, world No 2 and former US Open runner-up Daniil Medvedev made it very clear about the intentions of the rest of the field in New York.
“We're here to not let him win the US Open,” said the Russian.
Lessons learnt for Osaka
Defending champion Naomi Osaka appeared in high spirits during her pre-US Open press conference and fielded questions.
The four-time grand slam winner has had a tricky few months and hasn’t made it past the round of 16 in any of her last five events, but insists she is feeling good about her game as she targets a third trophy in New York.
Osaka sparked an important conversation about mental health when she announced during the French Open she wasn’t going to take part in any press conferences in efforts to preserve her well-being. Things escalated fast as the four Slams warned her she could be disqualified from their events if she continued to skip the mandatory press conferences and the Japanese star withdrew from Roland Garros after her opening match.
Reflecting on her decisions from last spring, Osaka said on Friday she could have handled things in a different manner.
“Honestly, I feel like there's a lot of things that I did wrong in that moment, but I'm also the type of person that's very in the moment. Like whatever I feel, I'll say it or do it,” said the 23-year-old.
“I don't necessarily think that's a bad thing. I think there's a lot of things that I learnt to do better. Of course, I don't feel the same situation will happen again. I would say maybe think it through a bit more in the way that, like, I didn't know how big of a deal it would become.”
Vaccines remain a hot topic on tour
On Friday, the tournament announced that the New City mayor’s office has mandated that “any US Open attendee will be required to provide proof of at least one dose of a Covid-19 vaccine to enter the grounds of the USTA Billie Jean King National Tennis Centre”.
Journalists must also be vaccinated if they wish to attend press conferences in person in the main interview room at the stadium.
Players, however, are still allowed to compete on tour without being vaccinated. Djokovic hopes it stays that way.
“I feel like that should be always a personal decision, whether you want to get vaccinated or not. So I'm supportive of that. So whether someone wants to get a vaccine or not, that's completely up to them. I hope that it stays that way,” he said.
Bianca’s new perspective
Back at the US Open for the first time since she won it two years ago, Canadian Bianca Andreescu has new coach Sven Groeneveld in her corner and a fresh approach to her budding career. The Dutchman has encouraged her to ditch her mentality of focusing too much on results and they’ve plotted together a long-term vision for her game.
“I have to tell myself I'm not the same person back then [in 2019] than what I am now. Taking so much time off, I feel like it helped me in many ways. But then getting into that competitive mindset, it kind of brought me back a little bit. I feel like that's also a reason why I haven't had the results I wanted,” she explained.
“But I'm really trying to focus on process and long-term because I'm also only 21. I want to be able to do what 21-year-olds do. I feel like in 2019, it was just tennis, tennis, tennis. I got burnt out towards the end of the year.
“I really looked at everything. I'm in a really good place right now. It's also, like, day by day you have to experience new things and kind of just adapt as the days go by.”
Tsitsipas gets his dream collaboration
On the eve of the Open, world No 3 Stefanos Tsitsipas got to meet up and collaborate with Seth Phillips, the man behind the famous Instagram account ‘Dude with Sign’.
The Greek star had posted several photos in the past of himself holding up a sign with various messages on it, inspired by Phillips’ work.
“My initial goal when I started this is to someday get to meet him and get to do a collab with him. I'm glad it happened here,” said Tsitsipas, who himself is a passionate online content creator.
“He's someone that I kind of look up to a lot. Something simple as what he does, in a way it is much more complex than it looks like. The way he spreads messages, the way he entertains people is unique on its own.”
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Results
2pm: Maiden (PA) Dh 40,000 (Dirt) 1,200m, Winner: AF Thayer, Tadhg O’Shea (jockey), Ernst Oertel (trainer).
2.30pm: Maiden (PA) Dh 40,000 (D) 1,200m, Winner: AF Sahwa, Nathan Crosse, Mohamed Ramadan.
3pm: Handicap (PA) Dh 40,000 (D) 1,000m, Winner: AF Thobor, Szczepan Mazur, Ernst Oertel.
3.30pm: Handicap (PA) Dh 40,000 (D) 2,000m, Winner: AF Mezmar, Szczepan Mazur, Ernst Oertel.
4pm: Sheikh Hamdan bin Rashid Al Maktoum Cup presented by Longines (TB) Dh 200,000 (D) 1,700m, Winner: Galvanize, Nathan Cross, Doug Watson.
4.30pm: Handicap (PA) Dh 40,000 (D) 1,700m, Winner: Ajaj, Bernardo Pinheiro, Mohamed Daggash.
More from Neighbourhood Watch
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
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.”
New UK refugee system
- A new “core protection” for refugees moving from permanent to a more basic, temporary protection
- Shortened leave to remain - refugees will receive 30 months instead of five years
- A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
- To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
- Under core protection there will be no automatic right to family reunion
- Refugees will have a reduced right to public funds
Race card:
6.30pm: Maiden; Dh165,000; 2,000m
7.05pm: Handicap; Dh165,000; 2,200m
7.40pm: Conditions; Dh240,000; 1,600m
8.15pm: Handicap; Dh190,000; 2,000m
8.50pm: The Garhoud Sprint Listed; Dh265,000; 1,200m
9.25pm: Handicap; Dh170,000; 1,600m
10pm: Handicap; Dh190,000; 1,400m
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
The most expensive investment mistake you will ever make
When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.
“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.
This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).
|
Age
|
$250 a month
|
$500 a month
|
$1,000 a month
|
|
25
|
$640,829
|
$1,281,657
|
$2,563,315
|
|
35
|
$303,219
|
$606,439
|
$1,212,877
|
|
45
|
$131,596
|
$263,191
|
$526,382
|
|
55
|
$44,351
|
$88,702
|
$177,403
|
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
Generation Start-up: Awok company profile
Started: 2013
Founder: Ulugbek Yuldashev
Sector: e-commerce
Size: 600 plus
Stage: still in talks with VCs
Principal Investors: self-financed by founder
UAE currency: the story behind the money in your pockets
Results
Male 51kg Round 1
Dias Karmanov (KAZ) beat Mabrook Rasea (YEM) by points 2-1.
Male 54kg Round 1
Yelaman Sayassatov (KAZ) beat Chen Huang (TPE) TKO Round 1; Huynh Hoang Phi (VIE) beat Fahad Anakkayi (IND) RSC Round 2; Qais Al Jamal (JOR) beat Man Long Ng (MAC) by points 3-0; Ayad Albadr (IRQ) beat Yashar Yazdani (IRI) by points 2-1.
Male 57kg Round 1
Natthawat Suzikong (THA) beat Abdallah Ondash (LBN) by points 3-0; Almaz Sarsembekov (KAZ) beat Ahmed Al Jubainawi (IRQ) by points 2-1; Hamed Almatari (YEM) beat Nasser Al Rugheeb (KUW) by points 3-0; Zakaria El Jamari (UAE) beat Yu Xi Chen (TPE) by points 3-0.
Men 86kg Round 1
Ahmad Bahman (UAE) beat Mohammad Al Khatib (PAL) by points 2-1
Men 63.5kg Round 1
Noureddin Samir (UAE) beat Polash Chakma (BAN) RSC Round 1.
Female 45kg quarter finals
Narges Mohammadpour (IRI) beat Yuen Wai Chan (HKG) by points.
Female 48kg quarter finals
Szi Ki Wong (HKG) beat Dimple Vaishnav (IND) RSC round 2; Thanawan Thongduang (THA) beat Nastaran Soori (IRI) by points; Shabnam Hussain Zada (AFG) beat Tzu Ching Lin (TPE) by points.
Female 57kg quarter finals
Nguyen Thi Nguyet (VIE) beat Anisha Shetty (IND) by points 2-1; Areeya Sahot (THA) beat Dana Al Mayyal (KUW) RSC Round 1; Sara Idriss (LBN) beat Ching Yee Tsang (HKG) by points 3-0.