Serena Williams lost the first set before winning the next two against Timea Bacsinszky. Yoan Valat / EPA
Serena Williams lost the first set before winning the next two against Timea Bacsinszky. Yoan Valat / EPA
Serena Williams lost the first set before winning the next two against Timea Bacsinszky. Yoan Valat / EPA
Serena Williams lost the first set before winning the next two against Timea Bacsinszky. Yoan Valat / EPA

Serena Williams battles illness to set up French Open final against Lucie Safarova


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Serena Williams’ dream of winning all four grand slam titles in the same year is still alive despite her looking all but out on her feet in Thursday’s French Open semi-finals.

Playing on the hottest day of the tournament so far, the 33-year-old American superstar struggled badly with her physical condition throughout a 4-6, 6-3, 6-0 win over Swiss surprise Timea Bacsinszky.

Walking slowly between points and looking thoroughly miserable, it was the fourth time in this tournament that she has had to battle back from the loss of the first set.

But her fighting spirit came through in the end and now only Lucie Safarova, the Czech 13th seed, stands between her and reaching the halfway stage of a calendar-year Grand Slam previously achieved by only three other women – Maureen Connolly, Margaret Court and most-recently Steffi Graf in 1988.

It would also leave her with 20 grand slam titles, just two shy of Graf’s Open-era record of 24.

Safarova, at 28, reached her first grand slam final after 12 years of trying, following her run into the Wimbledon semis last year.

She defeated the 2008 Roland Garros winner Ana Ivanovic 7-5, 7-5 in a nervy, mistake-ridden encounter which preceded the Williams match.

A late blossomer, whose nice-girl reputation belies a steely determination, Safarova would be best advised not to look too closely at the record books as she has a dismal 0-8 losing record against the top seed and two-time former champion in Paris.

It is a prospect apparently which does not trouble the Brno-born player.

Talking before the Williams match ended she said.

“I mean Serena is number one in the world, great player. So whoever will be there, I will just go there and play my game and obviously try and get the trophy.”

In her favour might be exactly what condition Williams will be in when they both get to Saturday afternoon’s final.

Coughing and spluttering she was forced to abandon her courtside interview immediately after clinching the win over Bacsinszky after saying just a few words.

What she did manage was: “I kept trying to find the energy and keep fighting. I wasn’t feeling well.”

She was then seen on TV being comforted and helped away to the locker rooms by her French coach Patrick Mouratoglou, who has been credited with reviving her flagging career after a shock first round loss in Paris in 2012.

Against Bacsinszky, the 23rd seed who had battled against all the odds to reach her first grand slam final at the age of 26, Williams started strongly.

But Bacsinszky wasn’t intimidated and broke for 3-2 with a searing crosscourt backhand off a Williams’ second serve.

Williams, who went into the tie having lost just three of her 26 grand slam semi-finals, was clearly suffering in the 29-degree heat.

Her breathing was laboured, she wearily demanded more and more ice-towels during changeovers and was looking increasingly disorientated.

The blonde Swiss outsider had nothing to lose and played like it.

She saw two set points disappear and then face down a break point in the 10th game but wrapped up the opener when Williams overhit an easy forehand drive.

Williams fought off five break points in the fifth game of the second set but was broken when she fired a desperate backhand wide.

At the changeover, Williams’s coughing spurts became so loud that they echoed around the arena courtesy of the courtside microphones.

But somehow she dug deep, retrieved the break and then raced away with the second set having won four straight games.

Rejuvenated, the top seed broke for 1-0 in the decider, backed it up with a double break for 3-0 and again for 5-0 as Bacsinszky wilted.

Safarova lost the first three games of the contest against Ivanovic and was 5-2 down at one point before rattling off five games in a row.

She continued to dominate an erratic Ivanovic in the second, but three double faults had her shaking her head at 5-4 before she made sure on her next serve to set up the biggest match of her career.

Unlike Williams she has yet to drop a set.

Safarova too good against Ivanovic

Earlier, Safarova reached her first grand slam final at the age of 28 on Thursday when she defeated former winner Ana Ivanovic 7-5, 7-5 in a mistake-ridden French Open semi-final.

The Czech 13th seed will play either top-seeded American Serena Williams or Swiss 23rd seed Timea Bacsinszky in Saturday’s final.

Safarova is the first Czech woman to reach the French Open final since Hana Mandlikova won the title in Paris in 1981. Prior to this year, her best showing had been a run into the last 16 in 2007 and 2014.

“It’s a dream come true. I still cannot believe it,” she said after converting her third match point.

“I started too slowly, but I tried to pick up my level and started to play really aggressively because that was the only way to get the win.”

Ivanovic, the champion at Roland Garros as a 20-year-old in 2008, had to battle hard to get into the last four, three times going the full distance.

In contrast Safarova had not dropped a set, winning five straight tie-breaks, one of those coming in the first set against defending champion Maria Sharapova in the round of 16.

But it was the Serb, watched by German World Cup-winning footballer Bastian Schweinsteiger, who made the stronger start.

She raced into a 3-0 lead on the back of a service break in the second game before Safarova opened her account.

On the hottest day of the tournament so far, Safarova was close to going into an early meltdown as Ivanovic staggered her with some superb line drives.

The Czech player, making just her second appearance in a grand slam semi-final after last year’s Wimbledon, knuckled down, however, to hold her next three serves and then redeemed her earlier loss with a break in the ninth game.

It was the turn of Ivanovic to struggle as Safarova won four games in a row and then served out for the first set to zero thanks to some dismal shot-making from the Serb.

Safarova staved off break points to level at 1-1 as the second set got underway and she promptly broke the Ivanovic serve for a third time to ease ahead.

The 13th seed was dominating the match now, with Ivanovic looking more and more out of sorts, and she had break points to go 4-1 up.

Ivanovic survived those, but her game was clearly off.

Safarova looked headed for a comfortable win, but inexplicably her serve collapsed at 5-4 and three double faults allowed Ivanovic to stay alive, finally converting a second break point after nine failures.

But it was only a stay of execution as Ivanovic failed to hold serve in the next game and Safarova this time made no mistake to record the biggest win of her career to date and book a place in the final.

She will be hoping her opponent in that won’t be Williams as her record against the 19-time grand slam champion is a depressing, for her, 0-8.

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The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Small%20Things%20Like%20These
%3Cp%3EDirector%3A%20Tim%20Mielants%3Cbr%3ECast%3A%20Cillian%20Murphy%2C%20Emily%20Watson%2C%20Eileen%20Walsh%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The specs
Engine: 2.4-litre 4-cylinder

Transmission: CVT auto

Power: 181bhp

Torque: 244Nm

Price: Dh122,900 

Director: Laxman Utekar

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

Rating: 1/5

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

SPECS
%3Cp%3EEngine%3A%20Supercharged%203.5-litre%20V6%0D%3Cbr%3EPower%3A%20400hp%0D%3Cbr%3ETorque%3A%20430Nm%0D%3Cbr%3EOn%20sale%3A%20Now%0D%3Cbr%3EPrice%3A%20From%20Dh450%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
FIGHT CARD

 

1.           Featherweight 66kg

Ben Lucas (AUS) v Ibrahim Kendil (EGY)

2.           Lightweight 70kg

Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)

3.           Welterweight 77kg

Marcos Costa (BRA) v Abdelhakim Wahid (MAR)

4.           Lightweight 70kg

Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)

5.           Featherweight 66kg

Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)

6.           Catchweight 85kg

Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)

7.           Featherweight 66kg

Yousef Al Husani (UAE) v Mohamed Allam (EGY)

8.           Catchweight 73kg

Mostafa Radi (PAL) v Abdipatta Abdizhali (KGZ)

9.           Featherweight 66kg

Jaures Dea (CMR) v Andre Pinheiro (BRA)

10.         Catchweight 90kg

Tarek Suleiman (SYR) v Juscelino Ferreira (BRA)

Pad Man

Dir: R Balki

Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte

Three-and-a-half stars

The UN General Assembly President in quotes:

YEMEN: “The developments we have seen are promising. We really hope that the parties are going to respect the agreed ceasefire. I think that the sense of really having the political will to have a peace process is vital. There is a little bit of hope and the role that the UN has played is very important.”

PALESTINE: “There is no easy fix. We need to find the political will and comply with the resolutions that we have agreed upon.”

OMAN: “It is a very important country in our system. They have a very important role to play in terms of the balance and peace process of that particular part of the world, in that their position is neutral. That is why it is very important to have a dialogue with the Omani authorities.”

REFORM OF THE SECURITY COUNCIL: “This is complicated and it requires time. It is dependent on the effort that members want to put into the process. It is a process that has been going on for 25 years. That process is slow but the issue is huge. I really hope we will see some progress during my tenure.”

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Sav%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Purvi%20Munot%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24750%2C000%20as%20of%20March%202023%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Angel%20investors%3C%2Fp%3E%0A
New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

RESULTS

Bantamweight:
Zia Mashwani (PAK) bt Chris Corton (PHI)

Super lightweight:
Flavio Serafin (BRA) bt Mohammad Al Khatib (JOR)

Super lightweight:
Dwight Brooks (USA) bt Alex Nacfur (BRA)

Bantamweight:
Tariq Ismail (CAN) bt Jalal Al Daaja (JOR)

Featherweight:
Abdullatip Magomedov (RUS) bt Sulaiman Al Modhyan (KUW)

Middleweight:
Mohammad Fakhreddine (LEB) bt Christofer Silva (BRA)

Middleweight:
Rustam Chsiev (RUS) bt Tarek Suleiman (SYR)

Welterweight:
Khamzat Chimaev (SWE) bt Mzwandile Hlongwa (RSA)

Lightweight:
Alex Martinez (CAN) bt Anas Siraj Mounir (MAR)

Welterweight:
Jarrah Al Selawi (JOR) bt Abdoul Abdouraguimov (FRA)

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

The specS: 2018 Toyota Camry

Price: base / as tested: Dh91,000 / Dh114,000

Engine: 3.5-litre V6

Gearbox: Eight-speed automatic

Power: 298hp @ 6,600rpm

Torque: 356Nm @ 4,700rpm

Fuel economy, combined: 7.0L / 100km

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 profile

Company: Verity

Date started: May 2021

Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif

Based: Dubai

Sector: FinTech

Size: four team members

Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000

Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors

The biog

Year of birth: 1988

Place of birth: Baghdad

Education: PhD student and co-researcher at Greifswald University, Germany

Hobbies: Ping Pong, swimming, reading

 

 

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes