• Protesters march during a rally against military rule following a coup in Khartoum, Sudan May 12, 2022. REUTERS / Mohamed Nureldin Abdallah
    Protesters march during a rally against military rule following a coup in Khartoum, Sudan May 12, 2022. REUTERS / Mohamed Nureldin Abdallah
  • It was the first major demonstration since Ramadan. AP Photo
    It was the first major demonstration since Ramadan. AP Photo
  • Security forces fire tear gas and stun grenades at protesters. Reuters
    Security forces fire tear gas and stun grenades at protesters. Reuters
  • Diplomatic moves to broker a political solution to a post-coup crisis have showed little sign of progress. AFP
    Diplomatic moves to broker a political solution to a post-coup crisis have showed little sign of progress. AFP
  • Sudan has been in political flux since months of mass demonstrations pushed the military into overthrowing former president Omar al-Bashir in April 2019. AFP
    Sudan has been in political flux since months of mass demonstrations pushed the military into overthrowing former president Omar al-Bashir in April 2019. AFP
  • The army initially agreed to share power with civilian groups. Reuters
    The army initially agreed to share power with civilian groups. Reuters
  • The army took control again in a coup in October 2021. Reuters
    The army took control again in a coup in October 2021. Reuters
  • Civilian parties, including resistance committees organising the protests, have rejected negotiations with the military. AFP
    Civilian parties, including resistance committees organising the protests, have rejected negotiations with the military. AFP

Sudan imposes total curfew on Kassala after deadly clashes


Hamza Hendawi
  • English
  • Arabic

Sudanese authorities imposed a complete curfew in Kassala on Thursday, after at least two people were killed and several injured in clashes between tribal clans in the eastern city.

The lockdown will remain in force until further notice, the government of the city, near the border with Ethiopia, said in a statement.

While details of what triggered the clashes are not entirely clear, some accounts say a case of kidnapping led to the violence.

The city appeared calm on Thursday, with police and army troops patrolling the streets, some residents told The National.

Authorities in Sudan are struggling to cope with rising crime in addition to economic and political crises plaguing the ethnically and religiously diverse nation of 44 million Afro-Arab people.

The army and paramilitary forces in action across the country have been told to aid the police to avoid “recent security lapses”, military spokesman Brig-Gen Nabil Abdullah said in Khartoum on Wednesday.

The late announcement followed a meeting of the Defence and Security Council chaired by military leader Gen Abdel Fattah Al Burhan.

There has been a spike in violent crime and theft in Khartoum in recent weeks, residents said.

Deadly tribal violence in the western Darfur region, home of a devastating civil war in the early 2000s, has killed and injured scores of people in the last few months.

Lawlessness nationwide has increased after a military takeover about seven months ago that toppled a civilian-led government.

That administration, in partnership with the military, had taken power following the ousting in 2019 of dictator Omar Al Bashir.

The takeover by Gen Al Burhan sparked near-daily street protests that have killed nearly 100 people and injured more than 3,000.

The use of deadly violence by security forces has drawn strong condemnation from the West.

Earlier this week, the police acknowledged that one of its members killed a protester when he ran him over with his truck.

They also said they were investigating video footage of plainclothes men suspected to be members of the force training their rifles on protesters.

Government leaders, including Gen Al Burhan, have repeatedly said that investigations were under way to identify the perpetrators of the deadly force against unarmed protesters, as well as cases of sexual assault against female protesters.

However, there has been no word on the progress of the probes, despite repeated calls by western governments for transparent investigations and the prosecution of the culprits.

The biog

Simon Nadim has completed 7,000 dives. 

The hardest dive in the UAE is the German U-boat 110m down off the Fujairah coast. 

As a child, he loved the documentaries of Jacques Cousteau

He also led a team that discovered the long-lost portion of the Ines oil tanker. 

If you are interested in diving, he runs the XR Hub Dive Centre in Fujairah

 

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

Tonight's Chat on The National

Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.

Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.

Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.

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Armies of Sand

By Kenneth Pollack (Oxford University Press)
 

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 currency: the story behind the money in your pockets
Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
SECRET%20INVASION
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Ali%20Selim%20%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Samuel%20L%20Jackson%2C%20Olivia%20Coleman%2C%20Kingsley%20Ben-Adir%2C%20Emilia%20Clarke%20%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%26nbsp%3B%3C%2Fp%3E%0A
The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Shubh Mangal Saavdhan
Directed by: RS Prasanna
Starring: Ayushmann Khurrana, Bhumi Pednekar

'Outclassed in Kuwait'
Taleb Alrefai, 
HBKU Press 

Auron Mein Kahan Dum Tha

Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar

Director: Neeraj Pandey

Rating: 2.5/5

The Voice of Hind Rajab

Starring: Saja Kilani, Clara Khoury, Motaz Malhees

Director: Kaouther Ben Hania

Rating: 4/5

Kanye%20West
%3Cp%3EYe%20%E2%80%94%20the%20rapper%20formerly%20known%20as%20Kanye%20West%20%E2%80%94%20has%20seen%20his%20net%20worth%20fall%20to%20%24400%20million%20in%20recent%20weeks.%20That%E2%80%99s%20a%20precipitous%20drop%20from%20Bloomberg%E2%80%99s%20estimates%20of%20%246.8%20billion%20at%20the%20end%20of%202021.%3Cbr%3EYe%E2%80%99s%20wealth%20plunged%20after%20business%20partners%2C%20including%20Adidas%2C%20severed%20ties%20with%20him%20on%20the%20back%20of%20anti-Semitic%20remarks%20earlier%20this%20year.%3Cbr%3EWest%E2%80%99s%20present%20net%20worth%20derives%20from%20cash%2C%20his%20music%2C%20real%20estate%20and%20a%20stake%20in%20former%20wife%20Kim%20Kardashian%E2%80%99s%20shapewear%20firm%2C%20Skims.%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

UAE currency: the story behind the money in your pockets

Correspondents

By Tim Murphy

(Grove Press)

Tax authority targets shisha levy evasion

The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.

Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".

The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.

He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.

"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.

As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.

Updated: May 13, 2022, 8:50 AM