NEW YORK // Kim Clijsters penned another heart-warming chapter into her riveting US Open chronicles on Tuesday to set a date with budding writer Serena Williams, while Andy Murray ran out of ideas to prolong his stay in New York.
Murray had been tipped as one of the favourites to win his first major title but he scarcely resembled a player rated second best in the world as he yelled, screamed and shouted his way to a 7-5, 6-2, 6-2 last 16 defeat by the Croatian Marin Cilic.
"Today I could have been better in pretty much every part of the game, whether it was mental or serve, forehand, backhand returns. I just struggled. I played poorly," Murray said.
The Briton's abysmal performance left Cilic to face another rising 20-year-old, Juan Martin del Potro, in the quarter-finals. The Argentine No 6 seed cantered to a 6-3, 6-3, 6-3 win over Juan Carlos Ferrero.
Ferrero's fellow Spaniard and former world No 1 Rafael Nadal looked vulnerable for one set before he ended the antics of French showman Gael Monfils 6-7, 6-3, 6-1, 6-3.
Nadal's win was celebrated by an overzealous male fan who ran on to the court moments after the match ended and kissed the Spaniard's cheek before being hauled away and arrested.
Nadal was unfazed.
"For me it wasn't a problem," he said. "The guy was really nice. He was a great fan. He said, 'I love you,' and he kiss me."
Another former top-ranked player added to the feel-good factor at this year's championships.
Belgian mother-of-one Clijsters, who flew into New York with more toys stashed in her suitcase than rackets, showcased her lightning court speed as she dispatched China's Li Na 6-2, 6-4 to reach the semi-finals.
Next up for Clijsters, who needed a wild card to play at Flushing Meadows as she does not even own a ranking yet, will be three-times champion Williams.
The American second seed has been doing the rounds in New York promoting her autobiography but conserved enough energy to surge past Italian world No 10 Flavia Pennetta 6-4, 6-3.
Looking forward to her match with Clijsters, Williams said: "She's such a great person. I wish only the best for her but obviously not in the next match.
"Initially I was (surprised with her comeback) but a couple of weeks ago I knew she was someone to watch out for."
While many tennis fans are wondering how Clijsters ? a 26-year-old woman who has been out of action for over two years ? can create so much havoc at a grand slam, men's world No 1 Roger Federer had an easy explanation.
"It's like riding a bike; once you know how to ride a bike, you never forget that," said the new father of twins.
"That's why I'm not that surprised. I think it's a beautiful story. It's nice that she hasn't lost the love for the game. It's nice to see her back in the game."
Federer and the fans may be delighted to see Clijsters back but her vanquished rivals are unlikely to agree.
After taking down the No 14 seed Marion Bartoli and world No 3 Venus Williams in previous rounds, Li was the latest to be on the receiving end of the Clijsters masterclass.
No longer bogged down by the litany of injuries that forced her out of the game in 2007, the 2009 incarnation of Clijsters described her amazing run to the last four as "wow."
However, just 15 months ago the thought of becoming the first mother to win a major since Evonne Goolagong in 1980 had not even entered her head.
"I felt like an elephant just trying to move. Even two steps was terrible," she recalled about her first experience with a racket following the birth of her daughter Jada.
On Monday, it was the usually fleet-footed Murray who lumbered around court.
Carrying a left wrist injury which hindered his two-handed backhand, Murray went into meltdown after failing to take two set points on the Cilic serve at 5-4 in the opening frame.
With Murray emitting a series of anguished cries of "argh" every time he missed a shot, those on the National Tennis Center grounds might have thought Arthur Ashe Stadium had temporarily been turned into an emergency waiting room.
Murray could have done with some medical attention but instead dropped serve at 5-5 and from then on the No 16 seed Cilic surrendered only four more games.
"I'm disappointed. I don't know how long or how quickly it will take me to get over it," said a glum Murray.
Murray's day ended in more heartache as Nadal's victory over Monfils ensured he would lose the No 2 ranking.
Nadal will next face 11th seed Fernando Gonzalez. The Chilean completed a bad day for the French when he beat No 7 seed Jo-Wilfried Tsonga 3-6, 6-3, 7-6, 6-4 in a lively showdown.
* Reuters
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Countdown to Zero exhibition will show how disease can be beaten
Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a month before Reaching the Last Mile.
Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.
Gulf rugby
Who’s won what so far in 2018/19
Western Clubs Champions League: Bahrain
Dubai Rugby Sevens: Dubai Hurricanes
West Asia Premiership: Bahrain
What’s left
UAE Conference
March 22, play-offs:
Dubai Hurricanes II v Al Ain Amblers, Jebel Ali Dragons II v Dubai Tigers
March 29, final
UAE Premiership
March 22, play-offs:
Dubai Exiles v Jebel Ali Dragons, Abu Dhabi Harlequins v Dubai Hurricanes
March 29, final
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.”
Scoreline
Abu Dhabi Harlequins 17
Jebel Ali Dragons 20
Harlequins Tries: Kinivilliame, Stevenson; Cons: Stevenson 2; Pen: Stevenson
Dragons Tries: Naisau, Fourie; Cons: Love 2; Pens: Love 2
COMPANY%20PROFILE
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Strait of Hormuz
Fujairah is a crucial hub for fuel storage and is just outside the Strait of Hormuz, a vital shipping route linking Middle East oil producers to markets in Asia, Europe, North America and beyond.
The strait is 33 km wide at its narrowest point, but the shipping lane is just three km wide in either direction. Almost a fifth of oil consumed across the world passes through the strait.
Iran has repeatedly threatened to close the strait, a move that would risk inviting geopolitical and economic turmoil.
Last month, Iran issued a new warning that it would block the strait, if it was prevented from using the waterway following a US decision to end exemptions from sanctions for major Iranian oil importers.
COMPANY%20PROFILE
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Brahmastra%3A%20Part%20One%20-%20Shiva
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAyan%20Mukerji%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ERanbir%20Kapoor%2C%20Alia%20Bhatt%20and%20Amitabh%20Bachchan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
BACK%20TO%20ALEXANDRIA
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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
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m