Follow the latest news from the Sudan crisis here
The British Foreign Secretary, James Cleverly, said the UK evacuated almost 2,500 people to safety from Sudan on 30 evacuation flights.
A total of 2,450 people were helped during the “longest and largest” evacuation of any western country, with the final flight departing Port Sudan on Wednesday evening, Mr Cleverly said.
Most of those evacuated from the country were British nationals and their dependents, the government said.
The UK helped to evacuate 1,200 people from other nations, including the US, Ireland, Netherlands, Canada, Germany and Australia.
Sudanese army chief Gen Abdel Fattah Burhan and his rival Gen Mohamed Dagalo, head of the paramilitary Rapid Support Forces, were allies in an October 2021 military coup that halted Sudan’s fraught transition to democracy, but they have since turned on each other.
“We remain focused on supporting those who are in desperate need of humanitarian assistance and continue to press for a long-term ceasefire,” Mr Cleverly said.
The latest from the crisis in Sudan - in pictures
UK Defence Secretary Ben Wallace said: “I am truly grateful for the dedication and professionalism of the men and women of our Armed Forces, who have evacuated more than 2,000 people from Sudan from over 20 countries and continue to provide medical and humanitarian support from Port Sudan, supported by the Royal Air Force.
“Their efforts are a source of national pride.”
The UK said it was providing an initial £5 million ($6.3 million) of aid in South Sudan and Chad to help those fleeing the violence.
“The package we have announced today will provide food, shelter, medical care and clean water for tens of thousands of people who have fled the violence in Sudan," international development minister Andrew Mitchell said.
“While this aid will help alleviate some of the immediate suffering in the region, the ongoing violence is creating huge additional needs.
“The UK continues to pursue all diplomatic avenues to end the violence, de-escalate tensions and secure safe humanitarian access, including engaging with the African Union and partners to help co-ordinate these efforts.
"There can be no aid without safe access and a ceasefire which is permanent.
We failed to stop Sudan crisis, says UN chief - video
UK evacuation flights travelled through Cyprus.
Several MPs this week raised concerns over cases they needed help with, including an 11-month-old boy and a heavily pregnant woman.
The UK has said officials continue to help those wanting to leave Sudan.
A renewed 72-hour ceasefire was due to end at midnight on Wednesday in Sudan, with the Foreign Office warning “violence could escalate”.
Martin Griffiths, the UN undersecretary general for humanitarian affairs and emergency relief co-ordinator, arrived in Port Sudan on Wednesday to seek guarantees for the safe passage of aid deliveries.
“It’s not as if we’re asking for the moon," Mr Griffiths said. "We’re asking for the movement of humanitarian supplies and people. We do this in every other country, even without ceasefires."
He told BBC Radio 4 that it was “unfair” to suggest the UN did not see the conflict coming or was slow to respond.
“There are a lot of people didn’t see it coming. A lot of people in Sudan who didn’t see it coming," Mr Griffiths said.
“Maybe we were derelict in our duty. Maybe we were derelict in our responsibility. Fine, that’s yesterday.
"What we’re talking about today is doing something that is consistent with our values.”
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.”
THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
Sarfira
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Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
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Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
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If you go
The flights Etihad (www.etihad.com) and Spice Jet (www.spicejet.com) fly direct from Abu Dhabi and Dubai to Pune respectively from Dh1,000 return including taxes. Pune airport is 90 minutes away by road.
The hotels A stay at Atmantan Wellness Resort (www.atmantan.com) costs from Rs24,000 (Dh1,235) per night, including taxes, consultations, meals and a treatment package.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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