Andy Murray grinds into second round at Dubai Duty Free Tennis Championships


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Andy Murray registered his 699th career win at the Dubai Duty Free Tennis Championships on Monday night - and in true Murray fashion, it was far from straightforward.

The former world No 1, returning to Dubai for the first time since winning the title in 2017, managed to "tough it out" against Australian qualifier Christopher O'Connell, taking the victory 6-7, 6-3, 7-5 in eight minutes shy of three hours. It was far from vintage Murray but a marked improvement from last week's effort in Doha, where he won just a single game against Roberto Bautista Agut in one of the heaviest defeats in his career.

"I enjoyed the result, what went on in the middle was not so easy," Murray, 34, said in his on-court interview. "I was very frustrated at the start of the match, I couldn't quite find my game. He was dictating a lot of the rallies but I managed to serve a bit better as the match went on, which helped me a lot. I just managed to tough it out in the end."

Indeed, Murray cut a frustrated figure for much of the first set as the Briton squandered three break points in the sixth game before getting broken himself in ninth. He managed to respond immediately with a break of his own when O'Connell served for the set but it was the Australian who edged a close tiebreak to claim the opener.

Murray quickly asserted control in the second set, though, breaking in the first game and again in ninth to level the match. After most of the deciding set had stayed on serve, Murray needed to fend off four break points at 4-4 to prevent O'Connell serving for the match. Two solid service holds followed, before the Australian wilted in the 12th game and Murray closed out a battling victory for his sixth straight win in Dubai.

Since his title triumph in Dubai, Murray has spent most of the intervening years either battling against a severe hip injury or on the road to recovery from the surgery which saved his career. Currently ranked world No 89, the three-time Grand Slam champion is some way off his glory days but the fire still burns bright.

"I've spoken to a lot of ex-players and a lot of them have said, 'keep playing as long as you can, nothing will replace it'. Some have maybe regretted stopping a little bit too soon and I still feel I can compete at the highest level," said Murray, who will take on either Italian fourth seed Jannick Sinner or Spain's Alejandro Davidovich Fokina. "It's not easy, obviously, physically it's very challenging for me but winning matches like this is very satisfying."

In the first match on Centre Court, Czech qualifier Jiri Vesely earned his first long-awaited win in Dubai after an impressive performance against former US Open champion Marin Cilic.

Three previous visits to Dubai had resulted in three first round losses for Vesely and the world No 123 finally tasted victory, defeating Cilic 6-4, 7-6. He will play either Spanish eighth seed, and 2018 champion, Bautista Agut or France's Arthur Rinderknech in the second round.

In the subsequent match, Tunisian wildcard Malek Jaziri was defeated after losing out in a close three-set battle against Serbia's Filip Krajinovic 6-7, 6-2, 6-4.

The world No 297, a regular visitor to the tournament and a popular player among the fans, belied his ranking to go toe-to-toe with the world No 44, and fought back from an early deficit to take the first set.

Jaziri, who reached a career-high No 42 in January 2019 and made the Dubai semi-finals the previous year, faced a tougher challenge in the second set as Krajinovic broke twice to level the match.

The third set could have gone either way, until Jaziri produced an untimely wobble to hand Krajinovic the break and an opportunity to serve out the match, which he did on his second match point. The 29-year-old Serb will face either defending champion Aslan Karatsev or American Mackenzie McDonald in the second round.

Over on Court One, David Goffin's difficult start to the season continued after the Belgian was lost 6-3, 7-6 to Japanese qualifier Taro Daniel for his third straight first-round defeat.

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Courtesy: Crystal Intelligence

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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.”

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

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
yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai 

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

Results

United States beat UAE by three wickets

United States beat Scotland by 35 runs

UAE v Scotland – no result

United States beat UAE by 98 runs

Scotland beat United States by four wickets

Fixtures

Sunday, 10am, ICC Academy, Dubai - UAE v Scotland

Admission is free

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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

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FIGHT%20CARD
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Who has been sanctioned?

Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

Updated: February 21, 2022, 7:12 PM