As she gets ready to bid her teen years farewell, Coco Gauff has joked about her least favourite part of ‘adulting’ – as the kids are calling it these days – so far.
“I've always been aware that I had to pay taxes even when I was a minor but I guess now I’m more aware of how much money is going to the government and it's a lot, so I would say that part, being aware of it, is something I'm not enjoying,” Gauff says with a laugh as she sat down with The National at the Dubai Duty Free Tennis Championships on Monday.
“I've been paying taxes since I’ve been making money. But just now, when I turned 19, my dad has made me more aware of how much I'm paying and how everything works with that world. I wish I could go back to not knowing how much is going away.”
Gauff, who turns 20 next month, has always been mature beyond her years and admits she feels like she’s been an adult since she was 15, breaking out on tour with a headline-grabbing run to the Wimbledon second week as a qualifier.
The reigning US Open champion has never shied away from speaking up about social issues, drawing inspiration from her grandmother Yvonne Lee Odom, who back in 1961, was chosen to integrate Seacrest High School in Delray Beach.
At 15, Gauff was already using her social media platform to educate people during Black History Month. At 16, she gave a stirring speech at a Black Lives Matter rally. From a young age, her parents, Corey and Candi, have encouraged her to believe she could “change the world with her racquet” and Gauff has taken that advice to heart.
Praying for peace in the region
Competing in the Middle East this month, Gauff said she is praying for peace in the region.
“I feel like it would be ignorant to say I’m not aware, I’m very aware of everything that's going on in Gaza,” said the world No 3. “For me, I always say I pray for peace in the region. And I really don't like what's going on. For me, it's sometimes troubling to live the life I live, in knowing that so many kids and innocent people are dying on both ends, but especially in what's going on in Gaza and the occupation that’s happening…
I think it's important for us as privileged civilians to do our research and just continuing to demand our leaders to make change and I will never not advocate for that
Coco Gauff
“In my position, I know there's not much I can do other than raise awareness and donate. So that's what I encourage everyone to do and just pray for peace and demand peace and demand that this stops happening.”
Gauff believes information is easily accessible online and in the news and says it’s important to educate oneself on such matters.
“I feel like it's very ignorant to say you're not aware because it is everywhere, you see it on the news and I think it's important for us as privileged civilians to do our research and just continuing to demand our leaders to make change and I will never not advocate for that,” she added.
“And I do advocate for peace and I advocate for the thousands, I think it's almost like I said millions at this point, of kids and innocent people being killed for a conflict that I feel like shouldn't be happening.”
No limit to what can be achieved
In tennis, Gauff’s dreams have always been big and she has long stated her goal of trying to become the greatest of all time. She does not believe in placing unnecessary limitations on herself, and shared her thoughts on what the term ‘greatness’ currently means to her.
“I think for me greatness is… I think multiple people can be great,” she says.
“Obviously, there's only going to be one greatest of all time and I just feel like no matter what I do, I don't think anything I’ll do will compare to what Serena [Williams] did for the sport and the game and with the amount of times she won.
“But I definitely would like to be, when I retire, people, when they think of the best players, I'd like to be in that conversation. So hopefully I can do better and continue to do better.
“It's a big goal. It's a lot to try to do. But again, I feel like if I put a ceiling on something, then I'll stop at that ceiling or even worse, stop under it.
“So I just want to make things as limitless as possible. And at the end, when I put my racquets up, I can say I did everything I could to do all the things I wanted to.”
Gauff’s parents are a familiar presence on tour, her father Corey serving as her coach throughout her career, and her mother Candi accompanying her at several tournaments each season. But the Gauffs are far from your stereotypical tennis family, and buck the trend of controlling parents so often witnessed in professional tennis, instead choosing to empower their daughter and allowing her to make her own decisions.
In the last couple of seasons, Gauff’s father has brought in additional help to coach her. After stints with Diego Moyano and Pere Riba, Gauff is now working with Brad Gilbert, who together with Riba helped guide her to a maiden Grand Slam title in New York last summer.
Taking charge of her career
Gauff says she has taken on more off-court responsibilities from mid-2023 and is enjoying the process of learning more about the financial side of her job.
She acknowledges her father’s hands-off approach, when needed, is a rare occurrence in tennis and is grateful for it.
“I feel like for me there was never a plan on when he would take a step back. Like you said, he's always involved and he's helping me with every moment, making sure I have the right people in the team and he still gives me advice on the court and everything. But for him, he always said like, ‘If I could help her, get to her first one [major], that would be my time to step back’,” she explained.
“So with US Open, he was doing everything to help, with bringing Brad [Gilbert] on the team and Pere [Riba], find people that will help me achieve that goal. It's just sometimes hearing it from a different person just makes it sit more and hearing it in a different way – because I know all the things I need to improve in my game. So it's just about how can I improve that?
“In tennis, I do know how rare it is. And I think the difference between a lot of the dads on tour and [my dad] is that it was never his dream, it was always my dream.
“I was always the motivation behind it and me being his child, he was just like, ‘How can I help her accomplish her dreams?’ And if my dream was to not play tennis at all, or be in a different sport or even anything different I think he would still support me just as much.
“He’s said, ‘I never thought in a million years my daughter would play tennis’ because to be honest, in the black community, it's not a major sport, and it's super expensive. So I'm really grateful that my dad found a way to put me on this stage and hopefully I can always make him proud.”
Tennis has opened so many doors for Gauff and her star power transcends the sport. Asked to name some of the standout moments she has experienced because of her status as a tennis player, Gauff said: “Definitely meeting First Lady Michelle and President Obama was something that definitely would never happen if it wasn't for tennis. And also I got to speak on the phone with President Biden, so that was really cool.
“So having these conversations with people so high ranked in the world, and obviously, in more of a tennis way, definitely working with Andy Roddick [on her serve during the offseason] is up there on the list, and playing doubles with Venus Williams, I would say that one, probably, if anything, maybe tops the list.
“Because I always had the dream of playing them [the Williams sisters] and I never would have in a million years thought I would be able to play with Venus on the same court and the fact that I can even say that is still crazy, and I would definitely like to do it maybe one more time, that was pretty cool.”
Gauff is seeded No 3 in Dubai this week and opens her campaign on Tuesday against lucky loser Elisabetta Cocciaretto.
How to get there
Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
SPECS
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Key products and UAE prices
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
The five pillars of Islam
Ziina users can donate to relief efforts in Beirut
Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”
Tonight's Chat on The National
Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.
Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster with a decades-long career in TV. He has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others. Karam is also the founder of Takreem.
Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.
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How to help
Donate towards food and a flight by transferring money to this registered charity's account.
Account name: Dar Al Ber Society
Account Number: 11 530 734
IBAN: AE 9805 000 000 000 11 530 734
Bank Name: Abu Dhabi Islamic Bank
To ensure that your contribution reaches these people, please send the copy of deposit/transfer receipt to: juhi.khan@daralber.ae
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.”
Pros%20and%20cons%20of%20BNPL
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The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 258hp from 5,000-6,500rpm
Torque: 400Nm from 1,550-4,000rpm
Transmission: Eight-speed auto
Fuel consumption: 6.1L/100km
Price: from Dh362,500
On sale: now
About Tenderd
Started: May 2018
Founder: Arjun Mohan
Based: Dubai
Size: 23 employees
Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital
PAKISTAN SQUAD
Abid Ali, Fakhar Zaman, Imam-ul-Haq, Shan Masood, Azhar Ali (test captain), Babar Azam (T20 captain), Asad Shafiq, Fawad Alam, Haider Ali, Iftikhar Ahmad, Khushdil Shah, Mohammad Hafeez, Shoaib Malik, Mohammad Rizwan (wicketkeeper), Sarfaraz Ahmed (wicketkeeper), Faheem Ashraf, Haris Rauf, Imran Khan, Mohammad Abbas, Mohammad Hasnain, Naseem Shah, Shaheen Afridi, Sohail Khan, Usman Shinwari, Wahab Riaz, Imad Wasim, Kashif Bhatti, Shadab Khan and Yasir Shah.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
UAE currency: the story behind the money in your pockets
Results
5pm: Maiden (PA) Dh80,000 (Turf) 2,200m; Winner: Gurm, Antonio Fresu (jockey), Eric Lemartinel (trainer)
5.30pm: Handicap (PA) Dh80,000 (T) 1,600m; Winner: Al Nafece, Al Muatasm Al Balushi, Mohammed Ramadan
6pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 1,200m; Winner: Ashton Tourettes, Adrie de Vries, Ibrahim Aseel
6.30pm: Arabian Triple Crown – Group 3 (PA) Dh300,000 (T) 2,200m; Winner: Ottoman, Adrie de Vries, Abdallah Al Hammadi
7pm: Liwa Oasis – Group 2 (PA) 300,000 (T) 1,400m; Winner: Hakeemat Muscat, Szczepan Mazur, Ibrahim Al Hadhrami
7.30pm: Handicap (TB) Dh80,000 (T) 1,600m; Winner: Ganbaru, Antonio Fresu, Musabah Al Muhairi
Yuki Means Happiness
Alison Jean Lester
John Murray
COMPANY%20PROFILE
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match info
Athletic Bilbao 1 (Muniain 37')
Atletico Madrid 1 (Costa 39')
Man of the match Iker Muniain (Athletic Bilbao)
RESULTS
5pm: Maiden (PA) Dh80,000 1,600m
Winner: Raghida, Szczepan Mazur (jockey), Ibrahim Al Hadhrami (trainer)
5.30pm: Maiden (PA) Dh80,000 1,600m
Winner: AF Alareeq, Connor Beasley, Ahmed Al Mehairbi
6pm: Arabian Triple Crown Round-2 Group 3 (PA) Dh300,000 2,200m
Winner: Basmah, Fabrice Veron, Eric Lemartinel
6.30pm: Liwa Oasis Group 2 (PA) Dh300,000 1,400m
Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,600m
Winner: SS Jalmod, Richard Mullen, Satish Seemar
7.30pm: Handicap (TB) Dh100,000 1,600m
Winner: Trolius, Ryan Powell, Simon Crisford
COMPANY%20PROFILE
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Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
Expo details
Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia
The world fair will run for six months from October 20, 2020 to April 10, 2021.
It is expected to attract 25 million visits
Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.
More than 30,000 volunteers are required for Expo 2020
The site covers a total of 4.38 sqkm, including a 2 sqkm gated area
It is located adjacent to Al Maktoum International Airport in Dubai South
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
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Company Profile
Name: JustClean
Based: Kuwait with offices in other GCC countries
Launch year: 2016
Number of employees: 130
Sector: online laundry service
Funding: $12.9m from Kuwait-based Faith Capital Holding