LONDON // Novak Djokovic reacted furiously after being grilled about a potentially dangerous incident when he slammed a ball into the stands during his ATP Tour Finals win over Dominic Thiem on Sunday.
Djokovic responded to losing the first set against Thiem by angrily hitting a ball into the court and it bounced towards spectators before disappearing into a staircase.
The world No 2 was given a warning for unsportsmanlike conduct and, although he battled to back to defeat Thiem, he was still in a tetchy mood when he faced the media shortly after the match.
Asked if he was concerned that he would eventually get in trouble for his behaviour, defending champion Djokovic immediately took offence.
“You guys are unbelievable. You’re always picking these kind of things,” Djokovic fumed. “I’m the only player that shows his frustration on the court? That’s what you are saying?”
It is not the first time that Djokovic, who has been in poor form for several months and recently lost the world No 1 ranking, has found himself in hot water for his frustrated on-court reactions.
At this year’s French Open, he narrowly avoided disqualification when his racquet slipped and almost hit a line judge during his quarter-final win over Tomas Berdych.
He also received a code violation in Rome in May when he threw his racquet and it almost bounced into the crowd during a final defeat against Andy Murray.
Djokovic has been more than a little thin-skinned in his interactions with the media of late after revelations that he has been working with a ‘spiritual guru’ in recent months.
And pressed on why he was becoming a repeat offender with equipment abuse, Djokovic refused to be apologetic.
“I keep doing these things? I’m close [to being suspended]? I’m still not suspended, so if I’m not close, I’m not close,” he said.
“It could have been [serious], yes. It could have snowed in O2 Arena as well, but it didn’t. It is not an issue for me. It’s not the first time I did it.”
Djokovic survived a scare in the tournament opener as the Serb battled back for a 6-7, 6-0, 6-2 victory over Thiem.
And amid all the questions about his decline, Djokovic can still clinch the season-ending No 1 spot for a third consecutive year and equal Roger Federer’s record of six Tour Finals titles by the end of next week.
“Dominic started very well and we played on a very high level from the first point,” Djokovic said. “He had a very high serve percentage and was the tougher player in the key moments of the tiebreak.
“I definitely did not want to let him get off to a good start in the second set.”
Djokovic established himself in the pantheon of all-time greats in June when his French Open triumph made him only the fifth man in the Open era to complete a clean sweep of the four grand slam tournaments.
But since that historic triumph the Serb had been stuck in a puzzling slump that has seen him suffer embarrassingly early exits from Wimbledon and the Rio Olympics.
Having shaken off his early lethargy, Djokovic eventually blew Thiem away in emphatic fashion and is now 19-1 in his last 20 matches at the Tour Finals.
The world No 2 was in the wars early on when he needed a bandage on the thumb on his right hand after his racquet jammed into the court.
Staff predictions: Can Djokovic and Co halt Murray's march to the title?
Another high-profile figure who has lost his magic touch of late, Manchester United manager Jose Mourinho, was watching from courtside and must have sympathised.
Thiem had qualified for the Tour Finals for the first time after winning four titles in his breakthrough year, and his aggressive approach was giving Djokovic a hard time.
The 12-time grand slam winner staved off a break point at 5-5, but he remained an unsettled figure, grumbling to a linejudge. “Was it in or out? Or do you just not know?”.
Djokovic’s gloomy mood was hardly improved when Thiem took the first set in a dramatic tiebreak after the Serb had saved six set points and squandered one of his own.
In danger of another frustrating loss, Djokovic was finally able to turn his anger into a positive at the start of the second set as unloaded a series of powerful winners.
Two breaks in the first three games gave him a lifeline and he took the set without dropping a single game.
Thiem had won 21 out of his 23 matches that required a final set this year, but none of those came against Djokovic and the Serb kept his foot on the gas to break in the third game of the decider.
Djokovic’s spluttering start seemed a world away now and he let out a defiant roar as he swept to the finish line with another break.
Wimbledon finalist Milos Raonic faces flamboyant Frenchman Gael Monfils in the other match in Djokovic’s group later on Sunday.
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BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
The specs: 2018 Renault Megane
Price, base / as tested Dh52,900 / Dh59,200
Engine 1.6L in-line four-cylinder
Transmission Continuously variable transmission
Power 115hp @ 5,500rpm
Torque 156Nm @ 4,000rpm
Fuel economy, combined 6.6L / 100km
Company Profile
Founders: Tamara Hachem and Yazid Erman
Based: Dubai
Launched: September 2019
Sector: health technology
Stage: seed
Investors: Oman Technology Fund, angel investor and grants from Sharjah's Sheraa and Ma'an Abu Dhabi
Dunbar
Edward St Aubyn
Hogarth
MATCH INFO
Inter Milan 2 (Vecino 65', Barella 83')
Verona 1 (Verre 19' pen)
UAE currency: the story behind the money in your pockets
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
GCC-UK%20Growth
%3Cp%3EAn%20FTA%20with%20the%20GCC%20would%20be%20very%20significant%20for%20the%20UK.%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20My%20Department%20has%20forecast%20that%20it%20could%20generate%20an%20additional%20%C2%A31.6%20billion%20a%20year%20for%20our%20economy.%3Cbr%3EWith%20consumer%20demand%20across%20the%20GCC%20predicted%20to%20increase%20to%20%C2%A3800%20billion%20by%202035%20this%20deal%20could%20act%20as%20a%20launchpad%20from%20which%20our%20firms%20can%20boost%20their%20market%20share.%3C%2Fp%3E%0A
GROUP RESULTS
Group A
Results
Ireland beat UAE by 226 runs
West Indies beat Netherlands by 54 runs
Group B
Results
Zimbabwe tied with Scotland
Nepal beat Hong Kong by five wickets
Sunday's games
All times UAE:
Tottenham Hotspur v Crystal Palace, 4pm
Manchester City v Arsenal, 6.15pm
Everton v Watford, 8.30pm
Chelsea v Manchester United, 8.30pm
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.”
Know before you go
- Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
- If you’re driving, make sure your insurance covers Oman.
- By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
- Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
- Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.
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Need to know
Unlike other mobile wallets and payment apps, a unique feature of eWallet is that there is no need to have a bank account, credit or debit card to do digital payments.
Customers only need a valid Emirates ID and a working UAE mobile number to register for eWallet account.
FA Cup fifth round draw
Sheffield Wednesday v Manchester City
Reading/Cardiff City v Sheffield United
Chelsea v Shrewsbury Town/Liverpool
West Bromwich Albion v Newcastle United/Oxford United
Leicester City v Coventry City/Birmingham City
Northampton Town/Derby County v Manchester United
Southampton/Tottenham Hotspur v Norwich City
Portsmouth v Arsenal
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
Company name: Farmin
Date started: March 2019
Founder: Dr Ali Al Hammadi
Based: Abu Dhabi
Sector: AgriTech
Initial investment: None to date
Partners/Incubators: UAE Space Agency/Krypto Labs
THE SPECS
GMC Sierra Denali 1500
Engine: 6.2-litre V8
Transmission: 10-speed automatic
Power: 420hp
Torque: 623Nm
Price: Dh232,500
Global state-owned investor ranking by size
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United States
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UAE
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Japan
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Norway
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Canada
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Singapore
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The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
On sale: now
The Written World: How Literature Shaped History
Martin Puchner
Granta
ASSASSIN'S%20CREED%20MIRAGE
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The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Profile of Whizkey
Date founded: 04 November 2017
Founders: Abdulaziz AlBlooshi and Harsh Hirani
Based: Dubai, UAE
Number of employees: 10
Sector: AI, software
Cashflow: Dh2.5 Million
Funding stage: Series A
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5