Novak Djokovic during a practice session ahead of the 2022 Wimbledon Championship at the All England Lawn Tennis and Croquet Club. PA
Novak Djokovic during a practice session ahead of the 2022 Wimbledon Championship at the All England Lawn Tennis and Croquet Club. PA
Novak Djokovic during a practice session ahead of the 2022 Wimbledon Championship at the All England Lawn Tennis and Croquet Club. PA
Novak Djokovic during a practice session ahead of the 2022 Wimbledon Championship at the All England Lawn Tennis and Croquet Club. PA

Novak Djokovic top seed at Wimbledon in absence of Medvedev and Zverev


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Serbian star Novak Djokovic will head into next week's Wimbledon as the men's top seed after Russian world No 1 Daniil Medvedev was barred from taking part in the championships while Germany's second-ranked Alexander Zverev remains injured.

Organisers of the grasscourt Grand Slam have banned players from Russia and Belarus from playing at this year's Wimbledon following Moscow's invasion of Ukraine.

This will be the first edition of the tournament since 2019 that will be played in front of a full capacity, but things are still not completely normal.

Wimbledon's decision to bar Russian and Belarusian players has had serious repercussions, with the ATP and WTA deciding to withhold ranking points from the tournament.

Medvedev and women's No 5 Aryna Sabalenka are among those to be banned, while it remains to be seen how many leading players decide not to enter because of the lack of points on offer.

Djokovic, who was unable to defend his 2021 Australian Open title and the 2,000 ranking points he earned due to his non-vaccinated status, recently lost his No 1 spot to Medvedev.

Rafael Nadal during a practice session on Tuesday, June 21, 2022. PA
Rafael Nadal during a practice session on Tuesday, June 21, 2022. PA

The Serbian, who has won the last three editions of the grasscourt major, will slip further down the rankings after Wimbledon as he will lose another 2,000 points with the ATP and WTA stripping the tournament of points.

The absence of Medvedev and Zverev means Nadal, who is halfway through a possible calendar year Slam after winning the Australian and French Open titles, is seeded second.

It also results in Djokovic and Nadal finding themselves in different halves of the draw and they cannot face each other until the men's final on July 10. The duo met in this year's Roland Garros quarter-final where the Spaniard won.

Britain has two players in the top 10 seeds at their home major with Cameron Norrie ninth, while US Open champion Emma Raducanu is 10th in the absence of Belarusian Aryna Sabalenka.

Poland's world No 1 Iga Swiatek will be the women's top seed with Estonian Annett Kontaveit the number two.

Wimbledon organisers had previously used a computer-based system favouring results on grass courts in the previous two years to determine the seedings but from the 2021 edition seedings mirror the world rankings.

Meanwhile, Andy Murray said he is hopeful of being fit for Wimbledon but admits he is in a race against time.

The two-time champion sustained an abdominal injury in his final defeat by Matteo Berrettini at the ATP event in Stuttgart eight days ago and is not yet able to practise fully.

He said: "The positives are I've been able to practise but there are certain shots I've not been able to practise, so that has obviously disrupted my preparations. The injury is healing but still not perfect.

"I've been practising for the past three or four days and have been practising well. But unfortunately in matches you can't just not hit certain shots. In the next couple of days hopefully I'll get the chance to test that and hopefully it will be fine."

PREMIER LEAGUE TABLE

1 Man City    26   20   3   3   63   17   63 

2 Liverpool   25   17   6   2   64   20    57 

3 Chelsea      25   14   8  3   49   18    50 

4 Man Utd    26   13   7  6   44   34    46 

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5 West Ham   26   12   6   8   45   34    42 

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6 Arsenal      23  13   3   7   36   26   42 

7 Wolves       24  12   4   8   23   18   40 

8 Tottenham  23  12   4   8   31   31   39  

What is 'Soft Power'?

Soft power was first mentioned in 1990 by former US Defence Secretary Joseph Nye. 
He believed that there were alternative ways of cultivating support from other countries, instead of achieving goals using military strength. 
Soft power is, at its root, the ability to convince other states to do what you want without force. 
This is traditionally achieved by proving that you share morals and values.

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

How to donate

Send “thenational” to the following numbers or call the hotline on: 0502955999
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6027 – Dh 100
6026 – Dh 200

Despacito's dominance in numbers

Released: 2017

Peak chart position: No.1 in more than 47 countries, including the United States, the United Kingdom, Australia and Lebanon

Views: 5.3 billion on YouTube

Sales: With 10 million downloads in the US, Despacito became the first Latin single to receive Diamond sales certification

Streams: 1.3 billion combined audio and video by the end of 2017, making it the biggest digital hit of the year.

Awards: 17, including Record of the Year at last year’s prestigious Latin Grammy Awards, as well as five Billboard Music Awards

WISH
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COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
Specs%20
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MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Last 10 NBA champions

2017: Golden State bt Cleveland 4-1
2016: Cleveland bt Golden State 4-3
2015: Golden State bt Cleveland 4-2
2014: San Antonio bt Miami 4-1
2013: Miami bt San Antonio 4-3
2012: Miami bt Oklahoma City 4-1
2011: Dallas bt Miami 4-2
2010: Los Angeles Lakers bt Boston 4-3
2009: Los Angeles Lakers bt Orlando 4-1
2008: Boston bt Los Angeles Lakers 4-2

The Voice of Hind Rajab

Starring: Saja Kilani, Clara Khoury, Motaz Malhees

Director: Kaouther Ben Hania

Rating: 4/5

England Test squad

Ben Stokes (captain), Joe Root, James Anderson, Jonny Bairstow, Stuart Broad, Harry Brook, Zak Crawley, Ben Foakes, Jack Leach, Alex Lees, Craig Overton, Ollie Pope, Matthew Potts

 
'The%20Alchemist's%20Euphoria'
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The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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.”

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Updated: June 21, 2022, 1:26 PM