Los Angeles Lakers guard Bronny James, right, steps onto the court with father LeBron James, left during the first half of a pre-season NBA game against Phoenix Suns on Sunday, October 6, 2024, in Palm Desert, California. AP
Los Angeles Lakers guard Bronny James, right, steps onto the court with father LeBron James, left during the first half of a pre-season NBA game against Phoenix Suns on Sunday, October 6, 2024, in Palm Desert, California. AP
Los Angeles Lakers guard Bronny James, right, steps onto the court with father LeBron James, left during the first half of a pre-season NBA game against Phoenix Suns on Sunday, October 6, 2024, in Palm Desert, California. AP
Los Angeles Lakers guard Bronny James, right, steps onto the court with father LeBron James, left during the first half of a pre-season NBA game against Phoenix Suns on Sunday, October 6, 2024, in Pal

LeBron and Bronny James make history as first father and son to play together in the NBA


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LeBron James and his son Bronny made NBA history on Sunday night when they played together for the first time during the Los Angeles Lakers' pre-season game against Phoenix.

LeBron and Bronny are the first father and son to play in any NBA game at the same time, let alone on the same team. The James family's remarkable moment coincidentally happened on Bronny’s 20th birthday.

Bronny entered the game as a substitute to begin the second quarter, joining his father on the court out of the timeout at Acrisure Arena in the Coachella Valley.

Things weren't immediately smooth for the James family: Bronny committed two turnovers and LeBron made another in their first two minutes together. Shortly after LeBron hit a 3-pointer moments later, LeBron got the ball to Bronny and set a screen for his son's 3-point attempt, but Bronny missed.

Bronny came off for a substitute 4:09 into the second quarter, and LeBron came off 25 seconds later at the next dead ball. LeBron had 19 points, five rebounds and four assists in 16 minutes during the first half, and he watched the Lakers' second half from the bench alongside Anthony Davis.

LeBron James is beginning his record-tying 22nd season in the NBA, while LeBron James Jr – known to all as Bronny – was the Lakers' second-round draft pick this summer. After recovering from cardiac arrest over a year ago, Bronny played just one season at Southern California before entering the draft and joining the Lakers.

Lakers coach JJ Redick said before the game that LeBron and Bronny would only play together “in the flow of the game," promising it wouldn't be “gimmicky.”

“I’m excited about it,” Redick added. "I’m very honored that I get to be part of history.”

Bronny played about nine minutes in the second half, but didn't take another shot in the Lakers' 118-114 loss to the Suns.

Bronny is expected to spend much of the upcoming season working on his game with the South Bay Lakers of the G League, but he will almost certainly get to play alongside his father in a real game early in the regular season.

Redick said the Lakers already have discussed the logistics of the next historic moment, but he hasn’t predicted when it will happen.

Although LeBron will turn 40 in late December, the top scorer in NBA history has shown no sign of slowing down with age. He has spoken for years about his longtime dream of playing in the NBA with one of his sons, and the Lakers made it a reality when they grabbed Bronny with the 55th pick in the draft.

LeBron sat out of the Lakers' pre-season opener against Minnesota last Friday night, resting up after a full week of training camp following a busy summer. Bronny had two points on 1-for-6 shooting and three blocked shots while playing 16 minutes against the Timberwolves.

The Lakers have four more pre-season games – all outside Los Angeles while their home arena is being renovated – before they begin the regular season at home against Minnesota on October 22.

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One in nine do not have enough to eat

Created in 1961, the World Food Programme is pledged to fight hunger worldwide as well as providing emergency food assistance in a crisis.

One of the organisation’s goals is the Zero Hunger Pledge, adopted by the international community in 2015 as one of the 17 Sustainable Goals for Sustainable Development, to end world hunger by 2030.

The WFP, a branch of the United Nations, is funded by voluntary donations from governments, businesses and private donations.

Almost two thirds of its operations currently take place in conflict zones, where it is calculated that people are more than three times likely to suffer from malnutrition than in peaceful countries.

It is currently estimated that one in nine people globally do not have enough to eat.

On any one day, the WFP estimates that it has 5,000 lorries, 20 ships and 70 aircraft on the move.

Outside emergencies, the WFP provides school meals to up to 25 million children in 63 countries, while working with communities to improve nutrition. Where possible, it buys supplies from developing countries to cut down transport cost and boost local economies.

 

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.”

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

PSA DUBAI WORLD SERIES FINALS LINE-UP

Men’s:
Mohamed El Shorbagy (EGY)
Ali Farag (EGY)
Simon Rosner (GER)
Tarek Momen (EGY)
Miguel Angel Rodriguez (COL)
Gregory Gaultier (FRA)
Karim Abdel Gawad (EGY)
Nick Matthew (ENG)

Women's:
Nour El Sherbini (EGY)
Raneem El Welily (EGY)
Nour El Tayeb (EGY)
Laura Massaro (ENG)
Joelle King (NZE)
Camille Serme (FRA)
Nouran Gohar (EGY)
Sarah-Jane Perry (ENG)

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

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UAE currency: the story behind the money in your pockets
Dubai Rugby Sevens, December 5 -7

World Sevens Series Pools

A – Fiji, France, Argentina, Japan

B – United States, Australia, Scotland, Ireland

C – New Zealand, Samoa, Canada, Wales

D – South Africa, England, Spain, Kenya

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Updated: October 07, 2024, 1:11 PM