Garbine Muguruza and Karolina Pliskova last played each other at the WTA Finals in 2021. Pliskova won that match but Muguruza bounced back to win the tournament. AFP
Garbine Muguruza and Karolina Pliskova last played each other at the WTA Finals in 2021. Pliskova won that match but Muguruza bounced back to win the tournament. AFP
Garbine Muguruza and Karolina Pliskova last played each other at the WTA Finals in 2021. Pliskova won that match but Muguruza bounced back to win the tournament. AFP
Garbine Muguruza and Karolina Pliskova last played each other at the WTA Finals in 2021. Pliskova won that match but Muguruza bounced back to win the tournament. AFP

Mubadala Abu Dhabi Open draw: Muguruza to face Pliskova in blockbuster first round


  • English
  • Arabic

The inaugural Mubadala Abu Dhabi Open will get underway with a blockbuster first-round clash after former world No 1s Garbine Muguruza and Karolina Pliskova were drawn against each other.

At a ceremony at The Galleria in Abu Dhabi on Saturday, the first-round draw produced several exciting encounters, and none more so than the match-up between two-time Grand Slam champion Muguruza and two-time major finalist Pliskova.

Despite both players' many achievements, their current rankings – Muguruza is down at No 82 and required a wildcard to gain entry, while Pliskova is the world No 20 – meant they are outside the eight seeded places and always ran the risk of a dangerous opening-round opponent.

And so it proved as these two long-time stars of the WTA Tour prepare to clash for a 12th time. History certainly favours Pliskova, who has won nine of their previous 11 contests, including the last four. Their most recent match was in the 2021 WTA Finals group stage, which Pliskova won in three sets, although Muguruza bounced back to win the tournament.

Form would also make Pliskova favourite as the Czech arrives in Abu Dhabi following a run to the quarter-finals of the Australian Open, while Spain's Muguruza has lost all four of her matches so far this season.

For the winner, the draw doesn't get any easier as Wimbledon champion, and recent Australian Open finalist, Elena Rybakina awaits in the second round. The Kazakh world No 10, seeded third, has received a bye.

Belinda Bencic attended Saturday's draw and the Swiss second seed is also among the top four players in the draw to receive byes into the second round. The Olympic champion will take on either Ukraine's Marta Kostyuk or Romania's Sorana Cirstea.

At the opposite end of the draw, Russian top seed Daria Kasatkina will face either Switzerland's Jil Teichmann or a qualifier when she gets her tournament underway. Meanwhile, Russian fourth seed Veronika Kudermetova, who reached the final at the Abu Dhabi WTA Women's Tennis Open in 2021, will play either Elise Mertens of Belgium or Italy's Martina Trevisan.

Other exciting first-round matches include Latvian fifth seed, and 2017 French Open champion, Jelena Ostapenko taking on American Danielle Collins, an Australian Open finalist in 2022.

The main draw for the Mubadala Abu Dhabi Open, a new addition to the WTA Tour calendar, begins on Monday, with qualifying continuing on Sunday. The 500-level tournament takes place at Zayed Sports City's International Tennis Centre.

While you're here
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

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.”

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ELeap%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202021%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ziad%20Toqan%20and%20Jamil%20Khammu%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%3C%2Fstrong%3E%20Undisclosed%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3ESeven%3C%2Fp%3E%0A
Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

Updated: February 05, 2023, 5:22 AM