Jannick Sinner will face Nick Kyrgios in the fourth round of the Miami Open after saving five match points in his contest with Pablo Carreno Busta to advance 5-7, 7-5, 7-5, on Sunday, while second seed Alexander Zverev enjoyed a much smoother path to the last 16.
Carreno Busta had Sinner on the ropes in the 10th game of the second set, nearly breaking him for the match before the Italian recovered to hold serve and convert on a chance in the next game. They traded breaks in the third before a marathon 10th game in which the Spaniard almost broke his opponent for the win four times.
World No 11 Sinner survived and converted on a chance in the next game to seize the advantage. Serving for the match, he clinched the affair with a forehand winner as the crowd leapt to its feet and cheered.
The 2021 runner-up next faces Australian Kyrgios, who put in a clinical performance to down Italian Fabio Fognini 6-2, 6-4, dropping just five first-serve points.
Zverev made short work of American Mackenzie McDonald, winning 6-2, 6-2 in 73 minutes to set up a last 16 meeting with Australian Thanasi Kokkinakis, who came through a tight contest against Denis Kudla 7-6, 4-6, 7-6.
Also reaching the next round was Francisco Cerundolo, who beat Gael Monfils 6-2, 6-3, but it was the end of the road for his younger brother, Juan Manuel Cerundolo, who lost 6-3 6-2 to Frances Tiafoe.
American Coco Gauff kept alive her bid for a maiden WTA 1000 title, firing off five aces to overcome China's Zhang Shuai 7-6, 7-5.
"I just kind of mentally was hanging in there. I wasn't playing my best," Gauff said. "I knew it was going to be a tough match, and I was glad that I was able to pull it out today."
Gauff will face new world No 1 Iga Swiatek in the fourth round after the Pole cruised through her match against Madison Brengle 6-0, 6-3.
British No 1 Cameron Norrie overcame a slow start to beat Frenchman Hugo Gaston 6-3, 7-5.
Norrie, who won the Indian Wells title last year and won at Delray Beach five weeks ago, opened the contest by dropping serve but kept his nerve as three break points went begging in the next game before he finally converted the fourth.
Norrie fired down his seventh ace on his eighth match point to set up a meeting with world No 8 Casper Ruud, who has beaten the Briton on both of their previous meetings.
Norway's Ruud dispatched Alexander Bublik 6-3, 6-2 in less than an hour and had the best seat in the house when his Kazakh opponent produced a highlight-reel-worthy shot in the second set.
Bublik flipped his racquet over and tapped an overhead shot with the handle. "You will be on Tennis TV like always," Ruud said to Bublik.
Spanish fifth seed Paula Badosa scored a 6-3, 6-2 win over Kazakhstan's Yulia Putintseva, who was so frustrated with her display she slammed her racquet into the ground with such force that it flew back up and almost hit her.
Last year's Indian Wells champion Badosa next faces 16-year-old Czech wildcard Linda Fruhvirtova, who advanced after former world No 1 Victoria Azarenka retired midway through the second set.
Fruhvirtova was leading 6-2 3-0 when Azarenka informed the chair umpire that she was done and walked briskly off the court.
"I don't even know how to describe it," Fruhvirtova said courtside. "It's what I've always dreamed of, playing in these big stadiums in front of so many people. It's definitely a dream come true."
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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.”
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Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
Profile of RentSher
Started: October 2015 in India, November 2016 in UAE
Founders: Harsh Dhand; Vaibhav and Purvashi Doshi
Based: Bangalore, India and Dubai, UAE
Sector: Online rental marketplace
Size: 40 employees
Investment: $2 million
A new relationship with the old country
Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates
The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:
ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.
ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.
ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.
ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.
IN WITNESS WHEREOF the undersigned have signed this Treaty.
DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.
Signed
Geoffrey Arthur Sheikh Zayed
