Syrian actress Thanaa Debsi during the opening ceremony of the Syrian Cultural Days Festivity in Damascus, Syria, 23 November 2020. EPA
Syrian actress Thanaa Debsi during the opening ceremony of the Syrian Cultural Days Festivity in Damascus, Syria, 23 November 2020. EPA
Syrian actress Thanaa Debsi during the opening ceremony of the Syrian Cultural Days Festivity in Damascus, Syria, 23 November 2020. EPA
Syrian actress Thanaa Debsi during the opening ceremony of the Syrian Cultural Days Festivity in Damascus, Syria, 23 November 2020. EPA

Syrian actress Thanaa Debsi dies aged 83


Saeed Saeed
  • English
  • Arabic

Syrian actress Thanaa Debsi has died aged 83.

The news was announced by Syrian Artist Syndicate on Tuesday with no cause of death revealed.

"The Damascus branch of the Artists Syndicate mourns the death of our colleague, the distinguished artist, Thanaa Debsi," it posted on Facebook. "We belong to God and to Him we shall return."

Born in Aleppo in 1941, Debsi's career began in the early 1960s and encompasses Syrian theatre, cinema, television and radio.

After getting her start in the Aleppo's theatre scene, Debsi's career began in earnest after moving to the Syrian capital, Damascus, where she took part in theatre festivals before she found regional fame in television.

Defined by a fierce presence, Debsi's television work often found her taking on roles of strong and vulnerable characters.

These include popular drama series such 2009's Zaman Al Aaar (Time of Shame) and Wara' Al Shams (Behind the Sun) in 2010.

Her last major role was in the 2019 television drama Nas Min Waraq (People Made from Paper) alongside Salma Al-Masri and Jirjes Jbarah.

Some Debsi's former collaborators took to X, formerly known as Twitter, to pay tribute.

"This painful news grips my heart with sadness," said Nadin Khoury.

"At the beginning of my artistic journey, she guided me with love and care and did not skimp on me with advice."

Actor and playwright Mohammed Kheir Jarrar recalled Debsi's presence on screen.

"A painful departure and sadness that bleeds the soul," he posted.

"Throughout my journey in the art world, I have never met an artist who enjoyed all this respect... We will miss you very much."

Syrian writer and director Marcelle Aleid said: "Thank you Madam. May your soul have mercy."

Thanaa leaves behind her husband, Syrian actor Salim Sabri, and three children.

THE BIO

Occupation: Specialised chief medical laboratory technologist

Age: 78

Favourite destination: Always Al Ain “Dar Al Zain”

Hobbies: his work  - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”

Other hobbies: football

Favorite football club: Al Ain Sports Club

 

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.”

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Updated: February 21, 2024, 6:56 AM