Paul Pierce, right, scored 16 points for the Boston Celtics against the New York Knicks. Al Bello / Getty Images / AFP
Paul Pierce, right, scored 16 points for the Boston Celtics against the New York Knicks. Al Bello / Getty Images / AFP
Paul Pierce, right, scored 16 points for the Boston Celtics against the New York Knicks. Al Bello / Getty Images / AFP
Paul Pierce, right, scored 16 points for the Boston Celtics against the New York Knicks. Al Bello / Getty Images / AFP

NBA: Paul Pierce and Kevin Garnett shine on for Boston Celtics


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It might be the last Celtics stand for the tandem of Paul Pierce and Kevin Garnett but they showed their class and determination as Boston humbled the New York Knicks at Madison Square Garden on Wednesday.

Age, a lack of depth on the roster and the strains of the NBA salary cap have put the Boston future of Garnett and Pierce in doubt but the gritty veterans refuse to go out quietly this post-season.

Teetering on the brink of elimination down 3-0 in their best-of-seven series, the Celtics won an overtime thriller in Boston to stay alive and followed with a 92-86 win on Wednesday to send the series back to Boston for Game 6 on Friday.

The 36-year-old Garnett, in his 18th season after entering the NBA out of high school, scored 16 points and hauled down 18 rebounds in nearly 39 minutes on the floor.

Pierce, 35, who has played all 15 years of his NBA career in Boston, matched his running mate with 16 points and logged more than 44 minutes on court as the Celtics outbattled the Knicks using just seven players.

"Every game since we've been down 3-0 has been Game 7 for us," said Boston coach Doc Rivers, whose team fell behind 11-0 before clawing back for another do-or-die win.

Pierce said the fighting spirit comes from the top down.

"When it was 3-0, we could have packed it in, but this team has the will," said Pierce. "That comes from our coach, it comes from our leaders, myself and Kevin to keep going."

Another defeat in this series could also mark the last game for the Boston partnership of Pierce and Garnett.

Pierce is scheduled to make US$15.3 million (Dh56.1m) in the final year of a four-year, $61.3 million extension. With only $5 million of that guaranteed, the Celtics could pay it off if they choose to begin rebuilding in earnest.

The 2.11-metre Garnett, who has two years remaining on a three-year, $34 million deal, has said that if Pierce leaves Boston he could consider retirement.

Before the Miami Big Three of LeBron James, Dwyane Wade and Chris Bosh took the NBA by storm, there was the Celtics Big Three formed in 2007 when Kevin Garnett and Ray Allen were acquired in trades by Boston to join Paul Pierce.

That 2007/08 season, the trio quickly jelled for a 66-16 campaign and the NBA title, the record 17th in the history of the illustrious franchise but first in 22 years.

Two years later they got to the finals, losing to the Los Angeles Lakers, and last year they extended the Heat to seven games in the conference finals before losing to the eventual NBA champions.

The off-season saw the first crack in their championship foundation when sharp-shooting Allen left the Celtics to sign with Miami, while this year's hopes took a plunge with point guard Rajon Rondo suffering a torn knee ligament.

But the stout efforts of Boston's one-two punch of Pierce and Garnett have kept this series from being a sweep.

Garnett, who has been battling hip, ankle and foot pain, had been showing signs of age before coming up big in the last two games.

"Father Time is undefeated, and there's nothing you can do about it," former NBA player and television commentator Charles Barkley said about the aging of Garnett.

Pierce and Rivers made a point of saluting Garnett, who requires a long pre-game routine to stretch and prepare to play the game.

"That's what Kevin does," Pierce said.

"He's a legend in this game. He's one of the greatest players that ever played the game. You're seeing one of the great ones get challenged and what they're able to do.

"Kevin has inspired me every day I get a chance to play with him, practice with him, see his preparation. That's the inspiring part. He's been that way since we were able to obtain him and it's non-stop with him."

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PROFILE

Name: Enhance Fitness 

Year started: 2018 

Based: UAE 

Employees: 200 

Amount raised: $3m 

Investors: Global Ventures and angel investors 

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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.”

Company profile

Company: Verity

Date started: May 2021

Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif

Based: Dubai

Sector: FinTech

Size: four team members

Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000

Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors

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What is graphene?

Graphene is extracted from graphite and is made up of pure carbon.

It is 200 times more resistant than steel and five times lighter than aluminum.

It conducts electricity better than any other material at room temperature.

It is thought that graphene could boost the useful life of batteries by 10 per cent.

Graphene can also detect cancer cells in the early stages of the disease.

The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.

Greatest Royal Rumble results

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Jeff Hardy retained the United States title against Jinder Mahal

Bludgeon Brothers retain the SmackDown Tag Team titles against the Usos

Seth Rollins retains the Intercontinental title against The Miz, Finn Balor and Samoa Joe

AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out

The Undertaker beats Rusev in a casket match

Brock Lesnar retains the WWE Universal title against Roman Reigns in a steel cage match

Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last

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Specs
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What is Genes in Space?

Genes in Space is an annual competition first launched by the UAE Space Agency, The National and Boeing in 2015.

It challenges school pupils to design experiments to be conducted in space and it aims to encourage future talent for the UAE’s fledgling space industry. It is the first of its kind in the UAE and, as well as encouraging talent, it also aims to raise interest and awareness among the general population about space exploration. 

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RESULTS
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My Country: A Syrian Memoir

Kassem Eid, Bloomsbury

Biography

Her family: She has four sons, aged 29, 27, 25 and 24 and is a grandmother-of-nine

Favourite book: Flashes of Thought by Sheikh Mohammed bin Rashid

Favourite drink: Water

Her hobbies: Reading and volunteer work

Favourite music: Classical music

Her motto: I don't wait, I initiate

 

 

 

 

 

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Call of Duty: Black Ops 6

Developer: Treyarch, Raven Software
Publisher:  Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

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