Marin Cilic of Croatia serves to Andy Murray of Great Britain during the final of the Western & Southern Open tennis championships at the Linder Family Tennis Center in Mason, near Cincinnati, Ohio, USA, Sunday, August 21, 2016. Tannen Maury / EPA
Marin Cilic of Croatia serves to Andy Murray of Great Britain during the final of the Western & Southern Open tennis championships at the Linder Family Tennis Center in Mason, near Cincinnati, Ohio, USA, Sunday, August 21, 2016. Tannen Maury / EPA
Marin Cilic of Croatia serves to Andy Murray of Great Britain during the final of the Western & Southern Open tennis championships at the Linder Family Tennis Center in Mason, near Cincinnati, Ohio, USA, Sunday, August 21, 2016. Tannen Maury / EPA
Marin Cilic of Croatia serves to Andy Murray of Great Britain during the final of the Western & Southern Open tennis championships at the Linder Family Tennis Center in Mason, near Cincinnati, Ohio, U

US Open most likely to crown a champion not named Federer, Djokovic, Nadal or Murray


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In this era of the Big Four, the merciless patricians of men’s tennis, the US Open has been the kindest of the grand slams towards the plebeians of the tour.

Back in 2009, in the heydays of Roger Federer and Rafael Nadal, New York, the city of opportunities, saw a gangling 20-year-old Juan Martin del Potro fight back from a set down to beat Federer, the French Open and Wimbledon champion that year, and become the first grand slam winner not answering to the name of Federer, Nadal or Novak Djokovic since Marat Safin's triumph at the 2005 Australian Open.

Those three – Federer (11), Nadal (6) and Djokovic (1) – had won 18 majors on the trot before Del Potro’s crazy win at a packed Arthur Ashe Stadium brought that amazing streak to end.

See also:

• Cincinnati Masters: Marin Cilic ends Andy Murray's 22-match win streak

• Ahmed Rizvi: Andy Murray's Olympic gold medal win proves Scotsman using his brains to succeed

• Graham Caygill: Roger Federer's injury absence a clear sign of decline but his resilience is a lesson to next generation

Then in 2014, a year that started with Stan Wawrinka’s stunning win over Nadal in the Australian Open final, Marin Cilic drubbed Kei Nishikori in the US Open final to deal a further blow to the reign of the Big Four.

That 2014 US Open was the first grand slam final since the 2005 Australian Open, where Safin had defeated Lleyton Hewitt, not to feature a member of the Big Four. For 38 majors in succession, at least one of Federer, Nadal, Djokovic or Andy Murray had reached the final of a major. In 24 of those, both finalists were members of the illustrious club.

The 2014 US Open, then, can be deemed as the turning point in this struggle against the domination of the Big Four, and New York is the capital of what we could possibly describe as the “99 per cent” movement of men’s tennis, because two of the four grand slam triumphs not involving any of that elite group since the 2005 Australian Open have happened there. Wawrinka has accounted for the other two: the 2014 Australian Open and the 2015 French Open.

The Big Four are still here, of course, but are not the collective force they once were. Injuries have jinxed Nadal in recent years. Federer, meanwhile, is dealing with possibly his greatest adversaries – the growing number of candles on his birthday cake and, for the first time in his career, injuries, which have forced a premature end to the Swiss’s 2016 campaign.

Djokovic, the undisputed world No 1, has looked fallible since completing an emotional career grand slam at the French Open in June, although Murray haswon Wimbledon and the Rio Olympic gold this year.

Murray's 22-match winning streak, however, has just been brought to an end by the 2014 US Open champion Cilic in the final of the Cincinnati Masters.

The Croatian, who parted ways with long-time coach Goran Ivanisevic following his Wimbledon quarter-final exit, replacing him with Murray’s former coach Jonas Bjorkman, looked in absolute control as he cruised to his first ATP Masters 1,000 title in straight sets, becoming, alongside Wawrinka, only the second active player outside the Big Four to win both a grand slam and a Masters 1,000 title.

“I felt that this week I played really great tennis,” said Cilic, whose Cincinnati triumph has brought a streak of 18 straight Masters titles for Nadal, Federer, Djokovic and Murray to an end. “That’s obviously a big sign for me for moving forward.”

Djokovic was not present in Cincinnati, and both Murray and Nadal were probably exhausted following the Olympic Games, but Cilic’s triumph should add some spice to the US Open starting on Monday.

The presence of world No 142 Del Potro adds to the intrigue too. The Argentine, who along with Cilic is the tallest grand slam champion in history at 1.98 metres, has been given a wild card following his heroics in Rio, where he was responsible for Djokovic’s teary first-round exit and Nadal’s semi-final loss.

Notmany were thrilled with that decision. As Steve Johnson, the No 1-ranked US player pointed out, the decision to give Del Potro a wild card could leave “a lot of American fans upset” if he beats one of the top home players in the opening round.

The ceremony for the men’s draw then promises much excitement. So buckle up. Allured by the spirit of New York, Cilic and Del Potro, both giant-killing former champions, could really liven up the US Open.

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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%20PROFILE
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Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

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Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

FROM%20THE%20ASHES
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The bio

Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district

Was a middle distance state athletics champion in school

Enjoys driving to Fujairah and Ras Al Khaimah with family

His dream is to continue working as a social worker and help people

Has seven diaries in which he has jotted down notes about his work and money he earned

Keeps the diaries in his car to remember his journey in the Emirates

The years Ramadan fell in May

1987

1954

1921

1888

The biog

Favourite food: Tabbouleh, greek salad and sushi

Favourite TV show: That 70s Show

Favourite animal: Ferrets, they are smart, sensitive, playful and loving

Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can

Name of first pet: Eddy, a Persian cat that showed up at our home

Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big

The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now  

Juventus v Napoli, Sunday, 10.45pm (UAE)

Match on Bein Sports

'Cheb%20Khaled'
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COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

STAR%20WARS%20JEDI%3A%20SURVIVOR
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Respawn%20Entertainment%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Electronic%20Arts%3Cbr%3E%3Cstrong%3EConsoles%3A%3C%2Fstrong%3E%20PC%2C%20Playstation%205%2C%20Xbox%20Series%20X%20and%20S%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
UAE squad to face Ireland

Ahmed Raza (captain), Chirag Suri (vice-captain), Rohan Mustafa, Mohammed Usman, Mohammed Boota, Zahoor Khan, Junaid Siddique, Waheed Ahmad, Zawar Farid, CP Rizwaan, Aryan Lakra, Karthik Meiyappan, Alishan Sharafu, Basil Hameed, Kashif Daud, Adithya Shetty, Vriitya Aravind

UAE Falcons

Carly Lewis (captain), Emily Fensome, Kelly Loy, Isabel Affley, Jessica Cronin, Jemma Eley, Jenna Guy, Kate Lewis, Megan Polley, Charlie Preston, Becki Quigley and Sophie Siffre. Deb Jones and Lucia Sdao – coach and assistant coach.

 
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

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Envi%20Lodges%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3ESeptember%202021%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Noelle%20Homsy%20and%20Chris%20Nader%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%0D%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Hospitality%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2012%20to%2015%0D%3Cbr%3E%3Cstrong%3EStage%20of%20investment%3A%20%3C%2Fstrong%3ESeries%20A%3C%2Fp%3E%0A
The specs: Lamborghini Aventador SVJ

Price, base: Dh1,731,672

Engine: 6.5-litre V12

Gearbox: Seven-speed automatic

Power: 770hp @ 8,500rpm

Torque: 720Nm @ 6,750rpm

Fuel economy: 19.6L / 100km

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
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million