Maxi Kleber of Dallas takes on Naz Reid of Minnesota during the game between the Minnesota Timberwolves and Dallas Mavericks in Abu Dhabi. Chris Whiteoak / The National
Maxi Kleber of Dallas takes on Naz Reid of Minnesota during the game between the Minnesota Timberwolves and Dallas Mavericks in Abu Dhabi. Chris Whiteoak / The National
Maxi Kleber of Dallas takes on Naz Reid of Minnesota during the game between the Minnesota Timberwolves and Dallas Mavericks in Abu Dhabi. Chris Whiteoak / The National
Maxi Kleber of Dallas takes on Naz Reid of Minnesota during the game between the Minnesota Timberwolves and Dallas Mavericks in Abu Dhabi. Chris Whiteoak / The National

NBA commissioner wants Abu Dhabi to become basketball hub for Middle East’s top talent


Jamie Goodwin
  • English
  • Arabic

The NBA’s top executive wants Abu Dhabi to become a hub for basketball in the Middle East, giving the region’s best young players a platform to one day reach the pinnacle of the sport.

NBA commissioner Adam Silver was in the UAE capital to watch the first of two games between the Dallas Mavericks and the Minnesota Timberwolves in the NBA Abu Dhabi Games, part of a multi-year deal with the city’s Department of Culture and Tourism.

He said he hoped a regional hub would lead to more players from the region competing in the NBA – one day leading to a player born in the UAE reaching the world’s best league.

“Part of the discussions we're having here is the potential for Abu Dhabi to be a hub, an academy for great players from a very expanded region, proximate to the Emirates, to all come to one location,” he said.

Silver said the hub would allow the best young players from across the region to compete against each other regularly.

“One of the wonderful things about this sport is that you can practice alone shooting, you can play one-on-one, but if you want to become a great team basketball player, you must play with other great players and you must play in top notch competition,” said Silver.

“Great players cannot develop in isolation. The only way for great players to truly develop is to size up against other great players. We've learned that's what is necessary.

“It's one of the things in the United States that we have. I think it's not an accident that you see, for example, in the World Cup, you have a German team that has played together beginning in their youth and learned how to play as a team and with many of those players playing in the NBA. We see the same thing in other countries.

“But we know that's a prerequisite to develop great NBA players and those are discussions we're having here right now.”

The NBA brought with it basketball legends including Kareem Abdul-Jabbar, Ray Allen and Tim Hardaway to meet UAE fans and conduct coaching clinics in the country.

NBA commissioner Adam Silver says Abu Dhabi can become a hub for the top basketball talent in the region. Photo: NBA
NBA commissioner Adam Silver says Abu Dhabi can become a hub for the top basketball talent in the region. Photo: NBA

Deputy commissioner Mark Tatum said the NBA had ramped up its investment in Abu Dhabi after a successful event in 2022 when the Atlanta Hawks and Milwaukee Bucks were in town.

He said about 10,000 boys and girls are participating in the NBA’s schools programmes in Abu Dhabi “to grow the game at grassroots level”.

“I think when we go into a particular market, there's a multi-level strategy that we employ, which is one, get more kids to play the game of basketball,” he said.

“The second thing is to bring the live game experience here, and that includes clinics and player appearances. Throughout the year, we've had former players come here to Abu Dhabi to meet with the community to do clinics, and to really promote the game.

“And then the third thing is making sure that our content is widely available in the local language,” he said of Arabic-language websites and sports networks showing games with Arabic commentary.

“So, you know, part of the bringing the games here is to really grow the fan interest for the local market. And we're seeing that we're getting partners involved. We're getting grassroots involved, we're getting media partners involved, and it starts growing organically.”

A sold-out Etihad Arena watched the Timberwolves beat the Mavericks 111-99 in Abu Dhabi on Thursday Night. The second game takes place on Saturday.

Silver said the games seemed a “bigger deal” than the 2022 event.

“I think we've learned, even just in a year, I think [we learn something new] each time we do these pre-season games, when we're especially in a new market that we haven't played before.

“You know, after the experience, we go back, we've learned with our partners what it is we can do better. So I've noticed it as well, it just seems like a bigger deal here this year than it was last year.”

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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.”

Afghanistan squad

Gulbadin Naib (captain), Mohammad Shahzad (wicketkeeper), Noor Ali Zadran, Hazratullah Zazai, Rahmat Shah, Asghar Afghan, Hashmatullah Shahidi, Najibullah Zadran, Samiullah Shinwari, Mohammad Nabi, Rashid Khan, Dawlat Zadran, Aftab Alam, Hamid Hassan, Mujeeb Ur Rahman.

Leaderboard

63 - Mike Lorenzo-Vera (FRA)

64 - Rory McIlroy (NIR)

66 - Jon Rahm (ESP)

67 - Tom Lewis (ENG), Tommy Fleetwood (ENG)

68 - Rafael Cabrera-Bello (ESP), Marcus Kinhult (SWE)

69 - Justin Rose (ENG), Thomas Detry (BEL), Francesco Molinari (ITA), Danny Willett (ENG), Li Haotong (CHN), Matthias Schwab (AUT)

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
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  • Option 3: 30% across five years 
Company%20Profile
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Stage result

1. Jasper Philipsen (Bel) Alpecin-Fenix 4:42:34

2. Sam Bennett (Irl) Bora-Hansgrohe

3. Elia Viviani (Ita) Ineos Grenadiers

4. Dylan Groenewegen (Ned) BikeExchange-Jayco

5. Emils Liepins (Lat) Trek-Segafredo

6. Arnaud Demare (Fra) Groupama-FDJ

7. Max Kanter (Ger) Movistar Team

8. Olav Kooij (Ned) Jumbo-Visma

9. Tom Devriendt (Bel) Intermarché-Wanty-Gobert Matériaux

10. Pascal Ackermann (Ger) UAE Team Emirate

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Race 3

Produced: Salman Khan Films and Tips Films
Director: Remo D’Souza
Cast: Salman Khan, Anil Kapoor, Jacqueline Fernandez, Bobby Deol, Daisy Shah, Saqib Salem
Rating: 2.5 stars

Squad: Majed Naser, Abdulaziz Sanqour, Walid Abbas, Khamis Esmail, Habib Fardan, Mohammed Marzouq (Shabab Al Ahli Dubai), Khalid Essa, Muhanad Salem, Mohammed Ahmed, Ismail Ahmed, Ahmed Barman,  Amer Abdulrahman, Omar Abdulrahman (Al Ain), Ali Khaseif, Fares Juma, Mohammed Fawzi, Khalfan Mubarak, Mohammed Jamal, Ahmed Al Attas (Al Jazira), Ahmed Rashid, Mohammed Al Akbari (Al Wahda), Tariq Ahmed, Mahmoud Khamis, Khalifa Mubarak, Jassim Yaqoub (Al Nasr), Ali Salmeen (Al Wasl), Yousef Saeed (Sharjah), Suhail Al Nubi (Baniyas)

THE CLOWN OF GAZA

Director: Abdulrahman Sabbah 

Starring: Alaa Meqdad

Rating: 4/5

Other simple ideas for sushi rice dishes

Cheat’s nigiri 
This is easier to make than sushi rolls. With damp hands, form the cooled rice into small tablet shapes. Place slices of fresh, raw salmon, mackerel or trout (or smoked salmon) lightly touched with wasabi, then press, wasabi side-down, onto the rice. Serve with soy sauce and pickled ginger.

Easy omurice
This fusion dish combines Asian fried rice with a western omelette. To make, fry cooked and cooled sushi rice with chopped vegetables such as carrot and onion and lashings of sweet-tangy ketchup, then wrap in a soft egg omelette.

Deconstructed sushi salad platter 
This makes a great, fuss-free sharing meal. Arrange sushi rice on a platter or board, then fill the space with all your favourite sushi ingredients (edamame beans, cooked prawns or tuna, tempura veggies, pickled ginger and chilli tofu), with a dressing or dipping sauce on the side.

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

The Bio

Ram Buxani earned a salary of 125 rupees per month in 1959

Indian currency was then legal tender in the Trucial States.

He received the wages plus food, accommodation, a haircut and cinema ticket twice a month and actuals for shaving and laundry expenses

Buxani followed in his father’s footsteps when he applied for a job overseas

His father Jivat Ram worked in general merchandize store in Gibraltar and the Canary Islands in the early 1930s

Buxani grew the UAE business over several sectors from retail to financial services but is attached to the original textile business

He talks in detail about natural fibres, the texture of cloth, mirrorwork and embroidery 

Buxani lives by a simple philosophy – do good to all

Updated: July 18, 2024, 7:57 AM