A photograph taken minutes before nine men were publicly executed by Houthi rebels in Sanaa clearly shows one of the victims, who appears to be a teenager, unable to stand, allegedly due to torture.
Iran-backed Houthis carried out the public executions by firing squad in Al Tahrir Square on Saturday. One of the men was a teenager at the time of his abduction, human rights groups told The National.
He is a child who worked as a fisherman, his only fault was that he was in the street where the Houthi leader was killed in 2018
Relative of one of the victims
The militia says the men were involved in the killing of one of their senior commanders, Saleh Al Samad, who died in an air strike carried out by Saudi Arabian jets while visiting the port of Hodeidah in April 2018.
"Despite repeated calls by our ministry and human rights organisations, we were shocked by the implementation of the wrongful Houthi ruling against innocent people, after they disappeared for three years in Houthi detention," Ahmed Arman, Yemen’s Minister of Human Rights and Legal Affairs told The National.
"The civilians were wrongfully executed following a fake trial, by an unlawful court controlled by the Houthi rebels themselves."
He said this could invalidate the Stockholm Agreement which called for the release of all detainees in a series of prisoner exchanges, some of which were completed successfully, notably in October 2020 when 1,000 prisoners were freed.
"We urgently call upon the international community, the UN Security Council and human rights organisations to immediately stop mass executions carried out by the rebels against Yemeni journalists, politicians and other innocent civilians" the minister said.
Amat Al Salam Al Haj, director of the Abductees’ Mothers Association, told The National the Houthi rebels executed the defendants three years after they were reported missing, having been abducted and held incommunicado.
"They disappeared them for three years, preventing their families from visiting them and deprived them of their legal rights," Ms Al Haj said.
"The victims told the court that the Houthi interrogators used all types of torture tactics to snatch confessions from them, they electrocuted them, deprived them of sleep for days and hung them from the dungeons' ceilings upside down," she said.
Public execution after ordeal
Crowds of Houthi supporters attended the execution on Saturday.
One of those killed, Abdulaziz Al Aswad, was a teenager at the time of his abduction, his relatives said, and the Houthi court refused to allow a medical examiner to check his age.
"He was 18 years old when they abducted him three years ago," one of his relatives told The National.
They said Al Aswad knew nothing about the death of Al Samad.
"He is a child who worked as a fisherman, his only fault was that he was in the street where the Houthi leader was killed in 2018," the relative said.
In photos taken minutes before his death, Al Aswad appears terrified. Unable to stand, he is being held up by a Houthi soldier, having suffered a severe back injury caused by brutal torture in Houthi detention, his relative said.
The mass killing sparked widespread anger among the Yemeni public. Activists on social media circulated pictures and video footage of the victims being executed, calling for the Houthi rebels to be held accountable and referred to the International Criminal Court.
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.”
New UK refugee system
- A new “core protection” for refugees moving from permanent to a more basic, temporary protection
- Shortened leave to remain - refugees will receive 30 months instead of five years
- A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
- To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
- Under core protection there will be no automatic right to family reunion
- Refugees will have a reduced right to public funds
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
info-box
COMPANY PROFILE
Company name: Happy Tenant
Started: January 2019
Co-founders: Joe Moufarrej and Umar Rana
Based: Dubai
Sector: Technology, real-estate
Initial investment: Dh2.5 million
Investors: Self-funded
Total customers: 4,000
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
Under 19 Cricket World Cup, Asia Qualifier
Fixtures
Friday, April 12, Malaysia v UAE
Saturday, April 13, UAE v Nepal
Monday, April 15, UAE v Kuwait
Tuesday, April 16, UAE v Singapore
Thursday, April 18, UAE v Oman
UAE squad
Aryan Lakra (captain), Aaron Benjamin, Akasha Mohammed, Alishan Sharafu, Anand Kumar, Ansh Tandon, Ashwanth Valthapa, Karthik Meiyappan, Mohammed Faraazuddin, Rishab Mukherjee, Niel Lobo, Osama Hassan, Vritya Aravind, Wasi Shah