Hady Habib won the Arab Elite Tournament, where he was presented with the trophy by Tunisian star Ons Jabuer. Photo: Hady Habib
Hady Habib won the Arab Elite Tournament, where he was presented with the trophy by Tunisian star Ons Jabuer. Photo: Hady Habib
Hady Habib won the Arab Elite Tournament, where he was presented with the trophy by Tunisian star Ons Jabuer. Photo: Hady Habib
Hady Habib won the Arab Elite Tournament, where he was presented with the trophy by Tunisian star Ons Jabuer. Photo: Hady Habib

Hady Habib: Lebanese college tennis star embracing arduous climb through pro ranks


Reem Abulleil
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  • Arabic

For more than a decade, Tunisian Malek Jaziri and Egyptian Mohamed Safwat have been the leading Arab players on the men’s tennis tour, but a new protagonist has emerged from the region, looking to make his way to the top of the sport.

Lebanon’s Hady Habib only kickstarted his professional career in earnest mid-last year, after graduating from Texas A&M University in May. In his final months as an 'Aggie', Habib was the No 1-ranked college tennis player in the United States – a fitting way to close the door on one chapter of his career before starting a new one in the pros.

Since graduation, the 23-year-old Habib has picked up four ITF titles, including one at a $25k-level tournament in Sharm El Sheikh, where he defeated in the final former top-30 player Lukas Rosol, who famously beat Rafael Nadal at Wimbledon in 2012.

“It gives you incredible belief,” Habib told The National after clinching the trophy last Sunday. “I actually watched him a few years back play against Rafa and beat him on TV, and it's just a pleasure to play him. And winning is huge.

“His level obviously isn't at his prime right now. But still, he knows how to play and he's got experience, so it's definitely a huge win for me, giving me some good confidence for the rest of the year.”

Habib was born in Houston, Texas before moving to Lebanon with his family at the age of six. He got introduced to tennis at Mtayleb Country Club in Beirut when he was nine after dabbling in swimming and basketball.

“I just started playing tennis and I got good at it really fast,” Habib said. “I was really enjoy playing so I gave it a shot and I kept playing and that eventually turned into true love for the sport.

“My parents actually told me, ‘Is this what you want to do? Is tennis your thing?’ I was like, ‘Yeah, 100 per cent this one I want to do’ and that's why we decided to move out of Lebanon.”

After eight years in Lebanon, Habib returned to the US, first training in California before heading to Nick Bollettieri’s IMG Academy in Bradenton, Florida.

As a 16-year-old, he was ranked as high as No 77 in the world junior rankings, which helped him catch the eye of college recruiters. He eventually landed a scholarship in his home state and began his college tennis career at Texas A&M while pursuing a degree in sports management.

In 2018, Habib felt like he was ready to take the leap to the pros and left university, only to return a year later, keen to finish what he had started.

You have to be disciplined on your own and take care of yourself, do all the right things like recover and rest well. Stay in contact with your family so you don't burn out mentally
Hady Habib on adjusting to life on the professional tennis circuit

“I was travelling alone and just honestly I got a little burnt out," he said. "I felt like I needed some more guidance and a little more time to develop my game. I wanted to also get a degree because that's also been one of my goals, to graduate with a bachelor's degree.”

In the past, opting for college instead of turning professional straight out of high school was considered an unnecessary detour, or even a premature end to a tennis career. But nowadays, more players have taken the college tennis route and are enjoying great success on the professional circuit, most recently UVA grad Danielle Collins, who made the Australian Open final last month.

“The college tennis level now is really good and you see a lot of guys on tour that have played college tennis like (British world No 13) Cameron Norrie," Habib said. "Another good friend of mine is in the top 50, Arthur Rinderknech, he was on my team and he's doing really well right now. So it just shows the level is getting better.”

Reaching the summit of the ITA collegiate tennis rankings last March was a nice bonus before graduation for Habib, who grew up admiring Roger Federer and Nadal, and more recently has become a big fan of Dominic Thiem’s explosive game.

“I was the best player in the nation in the NCAA. I was really honoured because it was the first time someone in our programme at Texas A&M was ranked No 1 so it was special for me and A&M,” he said.

“Playing college tennis, you’re playing for a team and there's obviously more pressure. I got to play under the eyes of Steve Denton, who was also a former top 20 player, and he helped me a lot. Also, playing matches with the crowds and a lot of pressure, I feel like that helped me deal with different scenarios, deal with adversity better on court and figure things out on my own.”

Habib’s life now, grinding on the ITF tour, is far removed from his time at A&M, where he had teammates, coaches, physios, and everything else he needed at his disposal.

“It’s been different; in college you get all the resources, from physios and trainers and coaches. Every time you're playing, there's a big crowd watching, so it's more exciting playing in college,” he said.

Hady Habib celebrates his victory in the Arab Elite Tournament in front of Lebanese supporters. Photo: Supplied by Hady Habib
Hady Habib celebrates his victory in the Arab Elite Tournament in front of Lebanese supporters. Photo: Supplied by Hady Habib

“But I enjoy playing on tour as well. It's been fun, I’m even enjoying the struggles of it; I’ve been pushing hard. At the start it wasn't easy with travelling alone, but I've got used to it. I've been developing a routine and keeping track of my progress along the way and I feel like that's paying off."

Habib, who is on the brink of breaking the top 500, knows that travelling alone and clawing his way through the ITF circuit is a necessary stepping stone and he’s willing to do whatever it takes to reach his goals. He also seems to have a good formula to stay mentally fresh and deal with the challenges he is facing during this phase of his career.

“You have to be disciplined on your own and take care of yourself, do all the right things like recover and rest well between matches. Stay in contact with your family so you don't burn out mentally,” he said.

“It's not easy playing the same events at the same place weeks in a row. But the ITFs are the step to playing the Challengers then eventually the ATP. Every player has to go through the same things that I go through, it is what it is.”

While he’s already captured four ITF titles in the last few months, Habib’s favourite moment came outside of the tour, when he was crowned champion at the Arab Elite tournament in Kuwait last December.

The best Arab tennis players in the region were invited to compete in a tournament, hosted at the Rafa Nadal Academy in Kuwait. Habib blasted through the draw and defeated former world No 42 Jaziri in the final in front of a buoyant crowd, announcing himself to the stage in emphatic fashion. He received the trophy from Tunisian star Ons Jabeur, who is the first ever Arab player to be ranked inside the top 10 of the world rankings.

“That week was really special to me,” he said. “It was one of my favourite weeks. One of my favourite tournaments I've played, just the way the tournament was set up, the atmosphere, the venue, the Rafa Nadal academy.

“Especially playing for Lebanon, which has been going through some tough times recently, to be able to get the win for the country and bring some positive vibes to the people and just some good news for once, was really special.

“There were so many Lebanese fans that came out and watched me and were supporting and after the match they all wanted to congratulate me and tell me how proud they were of me. It was a really special moment for me.”

Habib said he was “honoured” to receive the trophy from Jabeur and is inspired of her achievements on the WTA Tour.

“I think I can definitely take a lot of motivation from that," he added. "And especially, whatever conditions or whatever she had growing up she's managed to overcome them. I don’t know how much help she got in Tunisia but just the fact that she's top 10 - it's just huge and inspirational.”

Habib is well aware of the struggles Arab players had to go through to make it on tour and he draws motivation from those who came before him, including Egyptian veteran Safwat, whom he recently met in Cairo.

“I hit with Safwat once and he’s given me some valuable advice," he said. "He's such a great guy. He’s also another inspiration to look up to, his dedication, especially with his recent issues, not being able to travel because of the visa situation in Egypt. He’s staying positive and he just keeps working hard which is motivating for me."

Habib’s main goal for the season is to get his ranking high enough to make it regularly into the main draws of Challenger events. He has requested a wildcard for this month’s Dubai Duty Free Tennis Championships, where he hopes to make his ATP tournament debut.

Whether he is extended invitations into the bigger tournaments in the region or not, Habib is willing to pay his dues.

“Whatever it takes, I’m on the right path," he said. "I just need to keep focusing on my tennis and my daily progress, stuff that I can control. I think everything else will come eventually."

Naga
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Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

The five pillars of Islam

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Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

Portugal

The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.

“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.

Greece

The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.

Spain

The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.

Cyprus

Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.

Malta

The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.

The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.

Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.

Egypt 

A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.

Source: Citizenship Invest and Aqua Properties

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

Retail gloom

Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.

It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.

The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.

RESULTS
%3Cp%3E%0D5pm%3A%20Deerfields%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(Turf)%202%2C200m%0D%3Cbr%3EWinner%3A%20Taajer%2C%20Richard%20Mullen%20(jockey)%2C%20Salem%20Al%20Ketbi%20(trainer)%0D%3Cbr%3E5.30pm%3A%20The%20Galleria%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C600m%0D%3Cbr%3EWinner%3A%20Zafaranah%2C%20Antonio%20Fresu%2C%20Musabah%20Al%20Muhairi%0D%3Cbr%3E6pm%3A%20Wathba%20Stallions%20Cup%20%E2%80%93%20Maiden%20(PA)%20Dh70%2C000%20(T)%201%2C200m%0D%3Cbr%3EWinner%3A%20Ifahat%20Du%20Loup%2C%20Abdul%20Aziz%20Al%20Balushi%2C%20Sulaiman%20Al%20Ghunaimi%0D%3Cbr%3E6.30pm%3A%20Mazyad%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C200m%0D%3Cbr%3EWinner%3A%20AF%20Majalis%2C%20Tadhg%20O%E2%80%99Shea%2C%20Ernst%20Oertel%0D%3Cbr%3E7pm%3A%20Dalma%20%E2%80%93%20Maiden%20(PA)%20Dh80%2C000%20(T)%201%2C400m%0D%3Cbr%3EWinner%3A%20Bassam%20Al%20Wathba%2C%20Bernardi%20Pinheiro%2C%20Majed%20Al%20Jahouri%0D%3Cbr%3E7.30pm%3A%20World%20Trade%20Centre%20%E2%80%93%20Handicap%20(TB)%20Dh80%2C000%20(T)%201%2C400m%0D%3Cbr%3EWinner%3A%20Fawaareq%2C%20Dane%20O%E2%80%99Neill%2C%20Doug%20Watson%3C%2Fp%3E%0A
MATCH INFO

Newcastle 2-2 Manchester City
Burnley 0-2 Crystal Palace
Chelsea 0-1 West Ham
Liverpool 2-1 Brighton
Tottenham 3-2 Bournemouth
Southampton v Watford (late)

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

Company%20profile
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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.”

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

Updated: February 11, 2022, 8:01 PM