Libya's dirty laundry exposed


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Former Libyan FM airs regime's dirty laundry

In an extended interview that the London-based newspaper Al Hayat will be running in daily instalments, the former Libyan foreign minister Abdul Rahman Shalgam revealed a number of secrets about Colonel Muammar Qaddafi - the man and the leader - and brings an insider's view on stories including the Lockerbie bombing, the attempted assassination of then Crown Prince Abdullah of Saudi Arabia and the assassinations of Libyan dissidents.

Before the Arab Spring, the collaboration between Libyan intelligence and its Tunisian counterpart was so complete that Col Qaddafi had allocated a monthly salary to then Tunisia's president Zine El Abidine Ben Ali, Mr Shalgam revealed. It was known that Col Qaddafi used petrodollars to buy allegiances in parts of the Arab world and Africa.

Mr Shalgam also stated that Col Qaddafi has become paranoid in recent years about the prospect of facing the same fate as the late Iraqi president Saddam Hussein.

According to Mr Shalgam's accounts, Col Qaddafi detested Saddam and provided the Iranians with Libyan missiles, free of charge, during the Iraq-Iran war of the 1980s.

Allegedly Col Qaddafi did not like Saudi Arabia either, and would have been happy to see it divided. Mr Shalgam said the Libyan leader supported London-based dissenters and Houthis in Yemen to embarrass Riyadh.

Water: the Gulf's most wasted vital resource

The Arab Forum for Environment and Development wrapped up its latest session in Beirut earlier this month, strongly recommending that immediate action be taken to address water scarcity in the Arab world, wrote Ahmed Abdul Malik, a Qatari academic, in the opinion pages of the Emirati newspaper Al Ittihad.

The forum advocated the adoption of political, institutional and legal reforms to better handle demand for water and reduce wasteful behaviour.

Like other natural resources, water is prone to depletion, the writer said. And since alternatives to natural water resources are limited to desalination, a serious dialogue about the issue must start in every Arab country, especially in the Gulf states.

According to one recent magazine report, 50 per cent of desalination projects worldwide are concentrated in the Gulf, where water is scarce.

"This is terrifying, but everyone is quiet about it," the writer noted. The magazine cited a report by the consultancy AT Kearney, which stated that GCC countries could save up to 40 per cent on their spending in the water sector by introducing improvements.

Efficiency is good, but behaviours must change as well. "Our children must be raised to use water rationally," the writer said. Asking the maid to wash the family's five cars with the hose is not how to achieve this, he added.

Israel trespasses on Lebanon's sea riches

"Israel has made a career of nibbling at Lebanon's natural riches," opined columnist Essam Noaman in the Sharjah-based newspaper Al Khaleej.

"In the 1948 war, it took a bite at border villages. In the 1967 war, it took another bite at the south-eastern Arqoub region, which sat on an enormous groundwater reservoir," the writer said.

And this month the Israeli government ratified sea maps delineating the country's "Exclusive Economic Zone" in what it considers to be its territorial waters.

With these maps Israel has "gobbled up, deliberately, a section of Lebanon's Exclusive Economic Zone into its own - a 17-km-long strip," the writer said. "This translates into 1,500 square kilometres including gasfields containing an estimated 16 trillion cubic metres of gas, not to mention large oilfields."

The previous Lebanese government, under premier Fouad Siniora, neglected to protect the country's maritime resources from Israel and Cyprus. This is what the new Lebanese energy and water minister, Jabran Bassil, came to realise.

As things stand - now that Israel and Cyprus have signed sea-border agreements - Lebanon has two options: the United Nations, and defensive armed struggle.

Diplomacy comes first, though it would involve the time-consuming process of preparing a legal dossier for a toddler Lebanese government, which Israel knows has a lot on its plate already.

Lebanon warns Israel against sea border move in offshore gas reserves feud

Jordanian response was like Yemen's

Young Jordanians, backed by the Islamic Action Front party, have ratcheted up their demands for political reform during street protests this weekend, the pan-Arab daily Al Quds al Arabi said in its editorial.

But they were met with pro-regime demonstrators mobilised by the Jordanian authorities, a manoeuvre reminiscent of President Abdullah Saleh's way of handling protests in Yemen.

That was not all. Jordanian security men used force in dealing with the pro-reform protests, which were not only peaceful but also licensed by the interior ministry. Demonstrators were beaten and dispersed, leading to several serious injuries, including to journalists.

"Assaulting journalists is a very serious act," the newspaper said. It sends the message that Jordan would have no qualms "putting a muzzle" on the media.

Jordan's authorities would be making a strategic mistake if they choose repression.

Recent history has shown that this crude solution "only puts oil to the fire of popular discontent".

"The youth demonstrating for change have legitimate demands", the newspaper said.

If there is ice between the Islamic movement in Jordan (which drives the protests) and the monarchy, it is not repression that will melt it.

* Digest compiled by Achraf El Bahi

The Byblos iftar in numbers

29 or 30 days – the number of iftar services held during the holy month

50 staff members required to prepare an iftar

200 to 350 the number of people served iftar nightly

160 litres of the traditional Ramadan drink, jalab, is served in total

500 litres of soup is served during the holy month

200 kilograms of meat is used for various dishes

350 kilograms of onion is used in dishes

5 minutes – the average time that staff have to eat
 

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HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

Super 30

Produced: Sajid Nadiadwala and Phantom Productions
Directed: Vikas Bahl
Cast: Hrithik Roshan, Pankaj Tripathi, Aditya Srivastav, Mrinal Thakur
Rating: 3.5 /5

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

MATCH INFO

Everton 0

Manchester City 2 (Laporte 45 2', Jesus 90 7')

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

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.”

Scores

New Zealand 266 for 9 in 50 overs
Pakistan 219 all out in 47.2 overs 

New Zealand win by 47 runs

Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

Thanksgiving meals to try

World Cut Steakhouse, Habtoor Palace Hotel, Dubai. On Thursday evening, head chef Diego Solis will be serving a high-end sounding four-course meal that features chestnut veloute with smoked duck breast, turkey roulade accompanied by winter vegetables and foie gras and pecan pie, cranberry compote and popcorn ice cream.

Jones the Grocer, various locations across the UAE. Jones’s take-home holiday menu delivers on the favourites: whole roast turkeys, an array of accompaniments (duck fat roast potatoes, sausages wrapped in beef bacon, honey-glazed parsnips and carrots) and more, as  well as festive food platters, canapes and both apple and pumpkin pies.

Ruth’s Chris Steakhouse, The Address Hotel, Dubai. This New Orleans-style restaurant is keen to take the stress out of entertaining, so until December 25 you can order a full seasonal meal from its Takeaway Turkey Feast menu, which features turkey, homemade gravy and a selection of sides – think green beans with almond flakes, roasted Brussels sprouts, sweet potato casserole and bread stuffing – to pick up and eat at home.

The Mattar Farm Kitchen, Dubai. From now until Christmas, Hattem Mattar and his team will be producing game- changing smoked turkeys that you can enjoy at home over the festive period.

Nolu’s, The Galleria Mall, Maryah Island Abu Dhabi. With much of the menu focused on a California inspired “farm to table” approach (with Afghani influence), it only seems right that Nolu’s will be serving their take on the Thanksgiving spread, with a brunch at the Downtown location from 12pm to 4pm on Friday.

Day 1, Abu Dhabi Test: At a glance

Moment of the day Dimuth Karunaratne had batted with plenty of pluck, and no little skill, in getting to within seven runs of a first-day century. Then, while he ran what he thought was a comfortable single to mid-on, his batting partner Dinesh Chandimal opted to stay at home. The opener was run out by the length of the pitch.

Stat of the day – 1 One six was hit on Day 1. The boundary was only breached 18 times in total over the course of the 90 overs. When it did arrive, the lone six was a thing of beauty, as Niroshan Dickwella effortlessly clipped Mohammed Amir over the square-leg boundary.

The verdict Three wickets down at lunch, on a featherbed wicket having won the toss, and Sri Lanka’s fragile confidence must have been waning. Then Karunaratne and Chandimal's alliance of precisely 100 gave them a foothold in the match. Dickwella’s free-spirited strokeplay meant the Sri Lankans were handily placed at 227-4 at the close.

Tell Me Who I Am

Director: Ed Perkins

Stars: Alex and Marcus Lewis

Four stars

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

INVESTMENT PLEDGES

Cartlow: $13.4m

Rabbitmart: $14m

Smileneo: $5.8m

Soum: $4m

imVentures: $100m

Plug and Play: $25m

Summer special
The biog

Hometown: Birchgrove, Sydney Australia
Age: 59
Favourite TV series: Outlander Netflix series
Favourite place in the UAE: Sheikh Zayed Grand Mosque / desert / Louvre Abu Dhabi
Favourite book: Father of our Nation: Collected Quotes of Sheikh Zayed bin Sultan Al Nahyan
Thing you will miss most about the UAE: My friends and family, Formula 1, having Friday's off, desert adventures, and Arabic culture and people
 

COMPANY%20PROFILE
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The specs

Engine: 5.0-litre V8

Power: 480hp at 7,250rpm

Torque: 566Nm at 4,600rpm

Transmission: 10-speed auto

Fuel consumption: L/100km

Price: Dh306,495

On sale: now

Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Profile

Name: Carzaty

Founders: Marwan Chaar and Hassan Jaffar

Launched: 2017

Employees: 22

Based: Dubai and Muscat

Sector: Automobile retail

Funding to date: $5.5 million