Atlanta Hawks' Al Horford, center, celebrates after making a basket and drawing a foul in the third quarter of an NBA basketball game against the Chicago Bulls, Monday, Dec. 15, 2014, in Atlanta. Atlanta won 93-86. (AP Photo/David Goldman)
Atlanta Hawks' Al Horford, center, celebrates after making a basket and drawing a foul in the third quarter of an NBA basketball game against the Chicago Bulls, Monday, Dec. 15, 2014, in Atlanta. AtlaShow more

NBA free agency round-up: Boston Celtics agree to sign Al Horford, and hope to pair him with Kevin Durant



The Boston Celtics, along with the rest of the basketball world, await the decision of prized free agent Kevin Durant. While waiting, though, they shored up their front court by agreeing to sign versatile power forward Al Horford away from the Atlanta Hawks on Saturday.

Horford was perhaps the best available player in the free agency pool after Durant, and the cash-flush Celtics are also in the running to sign the Oklahoma City Thunder star. Also awaiting Durant’s decision are Oklahoma City, Golden State, San Antonio, Miami and the Los Angeles Clippers, according to several reports. An announcement on Durant’s intentions is expected sometime within the coming days

Horford’s four-year, $113 million (Dh 415 million) agreement with Boston has left the Hawks without their respected leader, fan favourite and player with most seniority. The Hawks reached the playoffs in each of Horford’s nine seasons since he was the No. 3 overall pick from Florida in 2007 (the same year Durant went No. 2). Horford, a four-time All-Star, led Atlanta to its first Eastern Conference finals appearance in 2015.

The Hawks hoped to re-sign Horford even after reaching an agreement Friday with centre Dwight Howard on a three-year contract worth $70.5 million (Dh 259 million). After so many years playing small with the 6-foot-10 Horford in the middle, the Hawks wanted a big front line that included both Howard and Horford. They will instead press on with only Howard.

Latest on Harrison Barnes

The Dallas Mavericks have informed representatives of Golden State’s Harrison Barnes that they intend to sign the restricted free agent to an offer sheet for a four-year, $95 million contract, two people with knowledge of Dallas’ plans said Saturday.

The people spoke to The Associated Press about the potential maximum contract on the condition of anonymity because no deals can be signed before July 7. The Warriors can match any deal for Barnes and are more likely to do so if they don’t get an agreement with Kevin Durant. Barnes was the fourth-leading scorer behind Stephen Curry, Klay Thompson and Draymond Green for the 73-win Warriors, who lost to Cleveland in the NBA Finals. For Dallas, the 6-foot-8 Barnes is a potential replacement for Chandler Parsons, who has agreed to sign with Memphis.

The Mavericks’ plan, first reported by ESPN, comes a day after their top two targets in free agency, Memphis guard Mike Conley and Miami centre Hassan Whiteside, decided to stay with their current teams. Parsons, Conley and Whiteside are all getting max contracts.

Houston Rockets

The Rockets are loading up on shooting for new coach Mike D’Antoni, agreeing to terms on Saturday with forward Ryan Anderson and guard Eric Gordon to add even more scoring punch around James Harden.

Anderson is getting four years and $80 million, while Gordon agreed on a four-year, $53 million contract. The 28-year-old Anderson spent the past four seasons with New Orleans and has been one of the NBA’s top 3-point shooters in recent years. He averaged 17 points and six rebounds last season. Gordon has proven to be a potent scorer when healthy, but injuries have derailed him ever since his rookie season in 2008-09. He played 78 games that season with the Clippers, but his most since then was 64 three years ago.

Los Angeles Lakers

Sudanese-born British forward Luol Deng has agreed to a four-year deal worth $72 million with the Los Angeles Lakers, according to multiple media reports Saturday. Deng averaged 12.3 points, 6.0 rebounds and 1.9 assists in 74 games last season for the Miami Heat. He joined the Lakers after talks with Washington and Utah.

New York Knicks

The Associated Press reported Courtney Lee has accepted a four-year contract offer from the Knicks. New York will become the seventh team for the well-travelled Lee, who just finished his eighth NBA season. Lee averaged 9.6 points last season for Memphis and Charlotte, matching his career average.

Washington Wizards

With no roster depth at centre, the Wizards agreed Saturday to pay Ian Mahinmi $64 million over four years. Mahinmi’s Twitter account had a message directed at the Wizards’ account, saying: “let’s goooo.”

Sacramento Kings

The Kings have added two dependable veterans to the roster as they try to stabilize what has been a chaotic situation on the court and in the front office. The team agreed to terms on a two-year, $25 million deal with guard Arron Afflalo and a two-year, $16 million deal for Anthony Tolliver. Afflalo averaged 12.8 points and shot 38 percent on 3-pointers for the Knicks last season, his ninth in the NBA.

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ROUTE TO TITLE

Round 1: Beat Leolia Jeanjean 6-1, 6-2
Round 2: Beat Naomi Osaka 7-6, 1-6, 7-5
Round 3: Beat Marie Bouzkova 6-4, 6-2
Round 4: Beat Anastasia Potapova 6-0, 6-0
Quarter-final: Beat Marketa Vondrousova 6-0, 6-2
Semi-final: Beat Coco Gauff 6-2, 6-4
Final: Beat Jasmine Paolini 6-2, 6-2

Opening Rugby Championship fixtures: Games can be watched on OSN Sports
Saturday: Australia v New Zealand, Sydney, 1pm (UAE)
Sunday: South Africa v Argentina, Port Elizabeth, 11pm (UAE)

COMPANY PROFILE

Name: DarDoc
Based: Abu Dhabi
Founders: Samer Masri, Keswin Suresh
Sector: HealthTech
Total funding: $800,000
Investors: Flat6Labs, angel investors + Incubated by Hub71, Abu Dhabi's Department of Health
Number of employees: 10

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5

Teri Baaton Mein Aisa Uljha Jiya

Directors: Amit Joshi and Aradhana Sah

Cast: Shahid Kapoor, Kriti Sanon, Dharmendra, Dimple Kapadia, Rakesh Bedi

Rating: 4/5

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

Five calorie-packed Ramadan drinks

Rooh Afza
100ml contains 414 calories
Tang orange drink
100ml serving contains 300 calories
Carob beverage mix
100ml serving contains about 300 calories
Qamar Al Din apricot drink
100ml saving contains 61 calories
Vimto fruit squash
100ml serving contains 30 calories

Generational responses to the pandemic

Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:

Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.

Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.

Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.

Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

The biog

Occupation: Key marker and auto electrician

Hometown: Ghazala, Syria

Date of arrival in Abu Dhabi: May 15, 1978

Family: 11 siblings, a wife, three sons and one daughter

Favourite place in UAE: Abu Dhabi

Favourite hobby: I like to do a mix of things, like listening to poetry for example.

Favourite Syrian artist: Sabah Fakhri, a tenor from Aleppo

Favourite food: fresh fish

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

Manchester City transfers:

OUTS
Pablo Zabaleta, Bacary Sagna, Gael Clichy, Willy Caballero and Jesus Navas (all released)

INS
Ederson (Benfica) £34.7m, Bernardo Silva (Monaco) £43m

ON THEIR WAY OUT?
Joe Hart, Eliaquim Mangala, Samir Nasri, Wilfried Bony, Fabian Delph, Nolito and Kelechi Iheanacho

ON THEIR WAY IN?
Dani Alves (Juventus), Alexis Sanchez (Arsenal)

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

J Street Polling Results

97% of Jewish-Americans are concerned about the rise in anti-Semitism

76% of US Jewish voters believe Donald Trump and his allies in the Republican Party are responsible for a rise in anti-Semitism

74% of American Jews agreed that “Trump and the Maga movement are a threat to Jews in America"

THE BIO

Favourite holiday destination: Whenever I have any free time I always go back to see my family in Caltra, Galway, it’s the only place I can properly relax.

Favourite film: The Way, starring Martin Sheen. It’s about the Camino de Santiago walk from France to Spain.

Personal motto: If something’s meant for you it won’t pass you by.

Sinopharm vaccine explained

The Sinopharm vaccine was created using techniques that have been around for decades. 

“This is an inactivated vaccine. Simply what it means is that the virus is taken, cultured and inactivated," said Dr Nawal Al Kaabi, chair of the UAE's National Covid-19 Clinical Management Committee.

"What is left is a skeleton of the virus so it looks like a virus, but it is not live."

This is then injected into the body.

"The body will recognise it and form antibodies but because it is inactive, we will need more than one dose. The body will not develop immunity with one dose," she said.

"You have to be exposed more than one time to what we call the antigen."

The vaccine should offer protection for at least months, but no one knows how long beyond that.

Dr Al Kaabi said early vaccine volunteers in China were given shots last spring and still have antibodies today.

“Since it is inactivated, it will not last forever," she said.

FIGHT CARD

From 5.30pm in the following order:

Featherweight

Marcelo Pontes (BRA) v Azouz Anwar (EGY)

Catchweight 90kg

Moustafa Rashid Nada (KSA) v Imad Al Howayeck (LEB)

Welterweight

Mohammed Al Khatib (JOR) v Gimbat Ismailov (RUS)

Flyweight (women)

Lucie Bertaud (FRA) v Kelig Pinson (BEL)

Lightweight

Alexandru Chitoran (BEL) v Regelo Enumerables Jr (PHI)

Catchweight 100kg

Mohamed Ali (EGY) v Marc Vleiger (NED)

Featherweight

James Bishop (AUS) v Mark Valerio (PHI)

Welterweight

Gerson Carvalho (BRA) v Abdelghani Saber (EGY)

Middleweight 

Bakhtiyar Abbasov (AZE) v Igor Litoshik (BLR)

Bantamweight:

Fabio Mello (BRA) v Mark Alcoba (PHI)

Welterweight

Ahmed Labban (LEB) v Magomedsultan Magemedsultanov (RUS)

Bantamweight

Trent Girdham (AUS) v Jayson Margallo (PHI)

Lightweight

Usman Nurmagomedov (RUS) v Roman Golovinov (UKR)

Middleweight

Tarek Suleiman (SYR) v Steve Kennedy (AUS)

Lightweight

Dan Moret (USA) v Anton Kuivanen (FIN)

UAE currency: the story behind the money in your pockets
SPECS

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Kill

Director: Nikhil Nagesh Bhat

Starring: Lakshya, Tanya Maniktala, Ashish Vidyarthi, Harsh Chhaya, Raghav Juyal

Rating: 4.5/5

Credit Score explained

What is a credit score?

In the UAE your credit score is a number generated by the Al Etihad Credit Bureau (AECB), which represents your credit worthiness – in other words, your risk of defaulting on any debt repayments. In this country, the number is between 300 and 900. A low score indicates a higher risk of default, while a high score indicates you are a lower risk.

Why is it important?

Financial institutions will use it to decide whether or not you are a credit risk. Those with better scores may also receive preferential interest rates or terms on products such as loans, credit cards and mortgages.

How is it calculated?

The AECB collects information on your payment behaviour from banks as well as utilitiy and telecoms providers.

How can I improve my score?

By paying your bills on time and not missing any repayments, particularly your loan, credit card and mortgage payments. It is also wise to limit the number of credit card and loan applications you make and to reduce your outstanding balances.

How do I know if my score is low or high?

By checking it. Visit one of AECB’s Customer Happiness Centres with an original and valid Emirates ID, passport copy and valid email address. Liv. customers can also access the score directly from the banking app.

How much does it cost?

A credit report costs Dh100 while a report with the score included costs Dh150. Those only wanting the credit score pay Dh60. VAT is payable on top.

WHAT MACRO FACTORS ARE IMPACTING META TECH MARKETS?

• Looming global slowdown and recession in key economies

• Russia-Ukraine war

• Interest rate hikes and the rising cost of debt servicing

• Oil price volatility

• Persisting inflationary pressures

• Exchange rate fluctuations

• Shortage of labour/skills

• A resurgence of Covid?

COMPANY PROFILE

Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others


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