Jared Dudley of the Phoenix Suns celebrates in front of Kobe Bryant of the Los Angeles Lakers after hitting a three-pointer.
Jared Dudley of the Phoenix Suns celebrates in front of Kobe Bryant of the Los Angeles Lakers after hitting a three-pointer.

Suns don't back down to Lakers



PHOENIX // Hold that foregone conclusion. The Los Angeles Lakers are in a fight out West after all. The Phoenix Suns, led by a hustling, scrappy bench and a zone defence that again disrupted the vaunted triangle offence, beat the reigning NBA champions 115-106 on Tuesday night to even the Western Conference finals at two games apiece.

The series moves back to Los Angeles, where a week ago a columnist was lamenting that the Suns would not provide the necessary competition to prepare the Lakers for Boston in the NBA finals. Game 5 is tonight, with Game 6 back in Phoenix on Saturday. Kobe Bryant and his teammates still are in control, with two of the three games potentially remaining in the series at home, but the margin of error is not what it appeared to be after the Lakers blistered the Suns for 128 and 124 points in the first two games of the series.

"I think people were overlooking them after the first two games," the Lakers' Pao Gasol said, "and just thinking ahead already. And so obviously that's a big mistake." Bryant followed his 36-point, 11-assist night in Game 3 with 38 points and 10 assists in Game 4. He put the blame for the loss squarely at one end of the court. "Our attention needs to be on the defensive end - period," Bryant said. "That's second-chance opportunities. Their bench came in and gave them a big boost in getting balls back and getting them extra possessions. We've got to cut that stuff out."

The Suns' reserves out scored their Lakers counterparts 54-20, but that is misleading because often the Phoenix back-ups were outplaying the Los Angeles starters. Alvin Gentry, the Suns coach kept all five subs - Channing Frye, Leandro Barbosa, Jared Dudley, Goran Dragic and Lou Amundson - in the game for almost nine minutes in the fourth quarter. After Los Angeles took a 87-85 lead, the super-subs responded with an 18-3 run that was the difference in the game.

"We may not be the most talented team," said the Suns' Steve Nash said, "but we've got depth." Phoenix's bench had been a major factor in the team's success all season but had not been such an advantage in the first three games of the series. That all changed in Game 4, when the reserves dominated the Lakers' starters as well as their back-ups. "We believe in those guys and they really believe in themselves," Gentry said. "I thought they were much better defensively than they were offensively, and they were great offensively." * AP

Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor

UAE currency: the story behind the money in your pockets
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  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
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  • Specialist robotics and science laboratories
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  • Disruption Lab and Research Centre for developing entrepreneurial skills
In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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Chatto & Windus 

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Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

Company Profile
Company name: OneOrder

Started: October 2021

Founders: Tamer Amer and Karim Maurice

Based: Cairo, Egypt

Industry: technology, logistics

Investors: A15 and self-funded 

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The National's picks

4.35pm: Tilal Al Khalediah
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Our legal consultant

Name: Dr Hassan Mohsen Elhais

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

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.”

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

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Burnley Vokes (24', 43'), Ward (39')
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Through Her Lens: The stories behind the photography of Eva Sereny

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