Members of the Central Committee for Municipal Elections take part in an election simulation at a school in Tripoli. Photo: Reuters
Members of the Central Committee for Municipal Elections take part in an election simulation at a school in Tripoli. Photo: Reuters
Members of the Central Committee for Municipal Elections take part in an election simulation at a school in Tripoli. Photo: Reuters
Members of the Central Committee for Municipal Elections take part in an election simulation at a school in Tripoli. Photo: Reuters

Libya presses on with the election observers hope could hold key to peace


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After a blizzard of legal challenges, Libya’s presidential election is going ahead on schedule with candidates cleared by the courts to take part.

Last week, separate appeal courts ruled that Saif Al Islam Qaddafi, son of former dictator Muammar Qaddafi, and current prime minister Abdul Hamid Dbeibah can be candidates in the poll set for December 24.

The United States shares the concerns of Libyans and the international community that armed actors and the risk of violence not be allowed to threaten elections
US Ambassador Richard Norland

Meanwhile, disputes over the election law, which opponents said was issued by parliament without consultation with a rival assembly, the High Council of State, found no traction in the courts.

Barring further legal challenges, all the country’s most prominent figures will be standing in the first national election since civil war began in Libya in 2014.

Other notable candidates include Field Marshall Khalifa Haftar, commander of the eastern-based Libyan National Army, Aguila Saleh, speaker of the current parliament, and a former prime minister Ali Zeidan.

Mr Qaddafi, 49, is popular among supporters of his father’s former regime despite being indicted for war crimes by the International Criminal Court.

Mr Dbeibah, a wealthy 63-year-old businessman from the western town of Misurata, has strong backing from groups in west Libya. Opponents said he should honour a pledge he made, on becoming prime minister in March, not to stand as president.

The convoluted legal appeals against both men were marred by the lack of a single body of law governing Libya’s elections after a decade of transitional governments and contradictory constitutions.

Amid this legal uncertainty, it will now be the voters who pass judgment. More than 2.4 million of Libya’s 6.6 million population have registered to vote. There are no reliable opinion polls as to whom Libyans favour, making this election a major test of popularity.

The UN’s Libya envoy Jan Kubis praised the numbers registering to vote on Thursday, saying: “The Libyan people, from across the country, are yearning for an opportunity to elect their representatives.”

Mr Kubis unexpectedly resigned last month, and his term will end on December 10. He has yet to give a clear explanation as to why he chose to abruptly leave an election process he did so much to create.

His official reason for quitting was to allow the UN to dissolve his job and split his duties between two new envoys, one based outside Libya and the other in the capital, Tripoli.

“In order to create conditions for this, on November 17, 2021, I tendered my resignation,” he told the UN.

However, his resignation was a surprise to the UN which had no plan in place to create these new posts, and little time before the election to find a new envoy.

Elections key to peace?

Many Libyans had doubted the elections would happen, after months of delays by parliament to pass the necessary legislation. Presidential candidates were registered on November 24, leaving little time to campaign and explain their election platforms.

Peace is the ultimate prize for this election, because the civil war is only paused. Two loose alliances of forces, from east and west Libya, have largely observed a UN-mediated ceasefire signed in October last year. However, those forces remain in place either side of a frontline west of the central town of Sirte.

Transitioning from ceasefire to disarmament will depend on elections delivering leadership acceptable to all sides.

The presidential poll, being held on the 70th anniversary of Libya’s independence, will be followed by parliamentary elections a month later, along with a possible run-off for the presidency between the top two candidates if nobody wins more than 50 per cent of votes in the first round.

Outside powers are united in expressing support for the elections, with US ambassador Richard Norland warning of the risk of violence by groups opposed to the process.

“The United States shares the concerns of Libyans and the international community that armed actors and the risk of violence not be allowed to threaten elections,” he said.

His warning followed attacks by armed groups on five polling stations in western Libya last week, with the Higher National Elections Commission saying bundles of polling cards were stolen and election officials threatened, with one briefly kidnapped.

Last week, the UN Security Council said it would designate sanctions against anyone obstructing the elections.

Benefits of first-time home buyers' scheme
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Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Match info

Uefa Champions League Group H

Manchester United v Young Boys, Tuesday, midnight (UAE)

Brief scoreline:

Liverpool 2

Keita 5', Firmino 26'

Porto 0

Company%20Profile
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Stars:Robert Pattinson

Director:Matt Reeves

Rating: 5/5

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

COMPANY%20PROFILE
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Specs%20
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Starring: Jamie Foxx, Angela Bassett, Tina Fey

Directed by: Pete Doctor

Rating: 4 stars

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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2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

Maestro
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%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENamara%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJune%202022%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EMohammed%20Alnamara%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EMicrofinance%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E16%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFamily%20offices%0D%3Cbr%3E%3C%2Fp%3E%0A
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Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

MEDIEVIL%20(1998)
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WIDE%20VIEW
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How%20to%20avoid%20getting%20scammed
%3Cul%3E%0A%3Cli%3ENever%20click%20on%20links%20provided%20via%20app%20or%20SMS%2C%20even%20if%20they%20seem%20to%20come%20from%20authorised%20senders%20at%20first%20glance%3C%2Fli%3E%0A%3Cli%3EAlways%20double-check%20the%20authenticity%20of%20websites%3C%2Fli%3E%0A%3Cli%3EEnable%20Two-Factor%20Authentication%20(2FA)%20for%20all%20your%20working%20and%20personal%20services%3C%2Fli%3E%0A%3Cli%3EOnly%20use%20official%20links%20published%20by%20the%20respective%20entity%3C%2Fli%3E%0A%3Cli%3EDouble-check%20the%20web%20addresses%20to%20reduce%20exposure%20to%20fake%20sites%20created%20with%20domain%20names%20containing%20spelling%20errors%3C%2Fli%3E%0A%3C%2Ful%3E%0A
Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Get Out

Director: Jordan Peele

Stars: Daniel Kaluuya, Allison Williams, Catherine Keener, Bradley Whitford

Four stars

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

Updated: December 05, 2021, 4:37 PM