• A man is carried by police and protesters during a rally marking two years since the start of a mass protest movement demanding political change, in the Algerian capital, Algiers. Reuters
    A man is carried by police and protesters during a rally marking two years since the start of a mass protest movement demanding political change, in the Algerian capital, Algiers. Reuters
  • Algerians gesture during a demonstration in the capital Algiers, marking the second anniversary of the rise of the country’s anti-government Hirak protest movement. Police were in force on the streets of the city, and helicopters hovered overhead as checkpoints created traffic jams. AFP
    Algerians gesture during a demonstration in the capital Algiers, marking the second anniversary of the rise of the country’s anti-government Hirak protest movement. Police were in force on the streets of the city, and helicopters hovered overhead as checkpoints created traffic jams. AFP
  • An elderly man confronts police officers during a demonstration in the Algerian capital Algiers, marking the second anniversary of the country’s anti-government Hirak protest movement. AFP
    An elderly man confronts police officers during a demonstration in the Algerian capital Algiers, marking the second anniversary of the country’s anti-government Hirak protest movement. AFP
  • Algerians rally in the capital Algiers, marking the second anniversary of the country’s anti-government Hirak protest movement. AFP
    Algerians rally in the capital Algiers, marking the second anniversary of the country’s anti-government Hirak protest movement. AFP
  • Algerian policemen block protesters from advancing during a demonstration in the capital Algiers, marking the second anniversary of the country’s anti-government Hirak protest movement. AFP
    Algerian policemen block protesters from advancing during a demonstration in the capital Algiers, marking the second anniversary of the country’s anti-government Hirak protest movement. AFP
  • Algerians march with a national flag during a demonstration in the capital Algiers. AFP
    Algerians march with a national flag during a demonstration in the capital Algiers. AFP
  • Protesters gather in the Algerian capital Algiers to mark the second anniversary of the country’s Hirak anti-government protest movement. AFP
    Protesters gather in the Algerian capital Algiers to mark the second anniversary of the country’s Hirak anti-government protest movement. AFP
  • Protesters gather in the Algerian capital Algiers to mark the second anniversary of the country’s Hirak anti-government protest movement. AFP
    Protesters gather in the Algerian capital Algiers to mark the second anniversary of the country’s Hirak anti-government protest movement. AFP
  • Protesters chant slogans during a demonstration in the Algerian capital Algiers. AFP
    Protesters chant slogans during a demonstration in the Algerian capital Algiers. AFP

Algerian activists dismiss Abdelmajid Tebboune’s moves on anniversary of Hirak protests


  • English
  • Arabic

Algerian activists dismissed President Abdelmajid Tebboune's long-awaited dissolution of parliament and cabinet reshuffle as they marked the second anniversary on Monday of mass protests that ousted his long-serving predecessor.

"These decisions don't satisfy us," civil rights lawyer Mustafa Bouchachi told The National. "The regime is only throwing dust in the eyes through taking such measures on the eve of the second anniversary of the protests."

Mr Tebboune announced that he was dissolving parliament in an address to the nation last week. Three days later he conducted a limited government reshuffle that kept the prime minister and left major portfolios untouched.

  • Demonstrators carry national flags as they gather in the town of Kherrata, marking two years since the start of a mass protest movement there demanding political change, Algeria. Reuters
    Demonstrators carry national flags as they gather in the town of Kherrata, marking two years since the start of a mass protest movement there demanding political change, Algeria. Reuters
  • Algerian people protest demanding political change as they mark the second anniversary of mass protests in the town of Kherrata, east of Algiers. EPA
    Algerian people protest demanding political change as they mark the second anniversary of mass protests in the town of Kherrata, east of Algiers. EPA
  • Algerians rally in the northern town of Kherrata marking some of the first Hirak protests. AFP
    Algerians rally in the northern town of Kherrata marking some of the first Hirak protests. AFP
  • Demonstrators march during a protest in the town of Kherrata. Reuters
    Demonstrators march during a protest in the town of Kherrata. Reuters
  • Algerians rally in the northern town of Kherrata marking some of the first Hirak protests. AFP
    Algerians rally in the northern town of Kherrata marking some of the first Hirak protests. AFP
  • Algerians rally in the northern town of Kherrata marking some of the first Hirak protests. AFP
    Algerians rally in the northern town of Kherrata marking some of the first Hirak protests. AFP
  • Algerian people protest demanding political change as they mark the second anniversary of mass protests in the town of Kherrata, east of Algiers. EPA
    Algerian people protest demanding political change as they mark the second anniversary of mass protests in the town of Kherrata, east of Algiers. EPA
  • Demonstrators gesture as they gather in the town of Kherrata, marking two years since the start of a mass protest movement there demanding political change. Reuters
    Demonstrators gesture as they gather in the town of Kherrata, marking two years since the start of a mass protest movement there demanding political change. Reuters

The president also announced the release of dozens of political prisoners and jailed activists from the Hirak protest movement, which began on February 22, 2019 and helped sweep president Abdelaziz Bouteflika from two decades in power.

At least 35 prisoners have been released so far, according to rights activists who say that more than 90 people, including activists, social media users and journalists, were taken into custody in connection with the Hirak movement.

“Some of the activists got out of prison by a presidential pardon and others by a conditional release. I am saddened by the state of the Algerian judiciary today that took orders from the political elite, the first time to prosecute the activists and then to release them,” Mr Bouchachi said.

“It’s used as a tool by this totalitarian regime ruling Algeria today.”

A video grab from Algeria 3 public channel shows President Abdelmadjid Tebboune giving a televised speech in which he called for dissolution of parliament and early elections, on February 18, 2021 in Algiers. Algerie 3 / AFP
A video grab from Algeria 3 public channel shows President Abdelmadjid Tebboune giving a televised speech in which he called for dissolution of parliament and early elections, on February 18, 2021 in Algiers. Algerie 3 / AFP

Mr Tebboune's televised speech came after thousands of Algerians rallied last Tuesday in the northern town of Kherrata, regarded as the cradle of the Hirak movement, to protest against worsening economic conditions and the government's mismanagement of the coronavirus crisis and its effects.

Demonstrators carried Algerian and Berber flags and shouted slogans against the military and Mr Tebboune.

"A civilian state, not military. Freedom of the press and of expression. An independent judiciary," read one banner.

On Sunday Mr Tebboune named a new energy minister for the Opec-member country, with Mohamed Arkab, a former mining minister, replacing Abdelmadjid Attar, the presidency said.

Industry minister Ferhat-Ait Aliwas was let go, as well those heading a handful of other ministries, including water, tourism and public works.

Among those keeping their posts were Prime Minister Abdelaziz Djerad and Justice Minister Belkacem Zeghmati.

A date for parliamentary elections has not been set, but the vote should take place within three months, according to the constitution. The deadline can be extended once for another three months.

"Announcing the date of the elections is a step that's more important than dissolving the parliament. What Tebboune announced is an incomplete and immature step and totally out of the political context," political writer and analyst Kamel Mansari told The National.

Mr Tebboune, 75, a former prime minister under Mr Bouteflika, was elected president in late 2019 in a poll boycotted by the protesters. Official data put the turnout at only around 40 per cent.

His recurring medical trips abroad in recent months for vaguely described illnesses have added to Algerians’ concerns and sent a wave of uncertainty across the nation that was ruled for six years by a de facto elite covered by the shadowy presence of an ailing Mr Bouteflika.

Mr Tebboune made two trips to Germany since October for treatment for Covid-19 complications, according to presidency statements. The first one lasted more than two months.

“The president and his government targeted the political effect of such announcements on the street to convince people against protesting on Monday,” Mr Mansari said.

The government did not leave anything to chance.

Security forces cordoned off the Algerian capital and police in uniform and in plain clothes spread on all its main streets, according to activists.

Opposition analysts and figures were shunned by all the private and public media outlets in the country, they said.

“These measures show that the regime has no good intentions and doesn’t want to listen to the demands of the Algerian street and build a real democratic state,” Mr Bouchachi, the civil rights lawyer, said.

“The regime wants to deceive the public into believing that things are changing but in fact what is happening is just a redecoration of the facade of the authoritarian regime,” he said.

“This will only lead to deepening the political crisis while already suffering from a financial one.”

Algeria’s overall budget deficit deteriorated to minus 9.6 per cent of its GDP in 2019, owing to a decline in hydrocarbon revenue and a rise in capital expenditure.

Oil revenue accounts for 60 per cent of the state budget and 94 per cent of total export revenue.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Score

Third Test, Day 2

New Zealand 274
Pakistan 139-3 (61 ov)

Pakistan trail by 135 runs with 7 wickets remaining in the innings

SPEC%20SHEET%3A%20APPLE%20IPAD%20PRO%20(12.9%22%2C%202022)
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2012.9-inch%20Liquid%20Retina%20XDR%2C%202%2C732%20x%202%2C048%2C%20264ppi%2C%20wide%20colour%2C%20True%20Tone%2C%20ProMotion%2C%201%2C600%20nits%20max%2C%20Apple%20Pencil%20hover%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EChip%3A%3C%2Fstrong%3E%20Apple%20M2%2C%208-core%20CPU%2C%2010-core%20GPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%20Storage%20%E2%80%93%20128GB%2F256GB%2F512GB%20%2F%201TB%2F2TB%3B%20RAM%20%E2%80%93%208GB%2F16GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20iPadOS%2016%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2012MP%20wide%20(f%2F1.8)%20%2B%2010MP%20ultra-wide%20(f%2F2.4)%2C%202x%20optical%2F5x%20digital%2C%20Smart%20HDR%204%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20ProRes%204K%20%40%2030fps%2C%204K%20%40%2024%2F25%2F30%2F60fps%2C%20full%20HD%20%40%2025%2F30%2F60fps%2C%20slo-mo%20%40%20120%2F240fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%20TrueDepth%2012MP%20ultra-wide%20(f%2F2.4)%2C%202x%2C%20Smart%20HDR%204%2C%20Centre%20Stage%2C%20Portrait%2C%20Animoji%2C%20Memoji%3B%20full%20HD%20%40%2025%2F30%2F60fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%20Four-speaker%20stereo%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Face%20ID%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%2C%20smart%20connector%20(for%20folio%2Fkeyboard)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%20Up%20to%2010%20hours%20on%20Wi-Fi%3B%20up%20to%20nine%20hours%20on%20cellular%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFinish%3A%3C%2Fstrong%3E%20Silver%2C%20space%20grey%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20iPad%2C%20USB-C-to-USB-C%20cable%2C%2020-watt%20power%20adapter%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20WiFi%20%E2%80%93%20Dh4%2C599%20(128GB)%20%2F%20Dh4%2C999%20(256GB)%20%2F%20Dh5%2C799%20(512GB)%20%2F%20Dh7%2C399%20(1TB)%20%2F%20Dh8%2C999%20(2TB)%3B%20cellular%20%E2%80%93%20Dh5%2C199%20%2F%20Dh5%2C599%20%2F%20Dh6%2C399%20%2F%20Dh7%2C999%20%2F%20Dh9%2C599%3C%2Fp%3E%0A
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

In numbers

1,000 tonnes of waste collected daily:

  • 800 tonnes converted into alternative fuel
  • 150 tonnes to landfill
  • 50 tonnes sold as scrap metal

800 tonnes of RDF replaces 500 tonnes of coal

Two conveyor lines treat more than 350,000 tonnes of waste per year

25 staff on site

 

Diriyah%20project%20at%20a%20glance
%3Cp%3E-%20Diriyah%E2%80%99s%201.9km%20King%20Salman%20Boulevard%2C%20a%20Parisian%20Champs-Elysees-inspired%20avenue%2C%20is%20scheduled%20for%20completion%20in%202028%3Cbr%3E-%20The%20Royal%20Diriyah%20Opera%20House%20is%20expected%20to%20be%20completed%20in%20four%20years%3Cbr%3E-%20Diriyah%E2%80%99s%20first%20of%2042%20hotels%2C%20the%20Bab%20Samhan%20hotel%2C%20will%20open%20in%20the%20first%20quarter%20of%202024%3Cbr%3E-%20On%20completion%20in%202030%2C%20the%20Diriyah%20project%20is%20forecast%20to%20accommodate%20more%20than%20100%2C000%20people%3Cbr%3E-%20The%20%2463.2%20billion%20Diriyah%20project%20will%20contribute%20%247.2%20billion%20to%20the%20kingdom%E2%80%99s%20GDP%3Cbr%3E-%20It%20will%20create%20more%20than%20178%2C000%20jobs%20and%20aims%20to%20attract%20more%20than%2050%20million%20visits%20a%20year%3Cbr%3E-%20About%202%2C000%20people%20work%20for%20the%20Diriyah%20Company%2C%20with%20more%20than%2086%20per%20cent%20being%20Saudi%20citizens%3Cbr%3E%3C%2Fp%3E%0A
UK-EU trade at a glance

EU fishing vessels guaranteed access to UK waters for 12 years

Co-operation on security initiatives and procurement of defence products

Youth experience scheme to work, study or volunteer in UK and EU countries

Smoother border management with use of e-gates

Cutting red tape on import and export of food

Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

UAE currency: the story behind the money in your pockets
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENomad%20Homes%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2020%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EHelen%20Chen%2C%20Damien%20Drap%2C%20and%20Dan%20Piehler%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20and%20Europe%3Cbr%3E%3Cstrong%3EIndustry%3C%2Fstrong%3E%3A%20PropTech%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2444m%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Acrew%20Capital%2C%2001%20Advisors%2C%20HighSage%20Ventures%2C%20Abstract%20Ventures%2C%20Partech%2C%20Precursor%20Ventures%2C%20Potluck%20Ventures%2C%20Knollwood%20and%20several%20undisclosed%20hedge%20funds%3C%2Fp%3E%0A
The specs

Engine: Two permanent-magnet synchronous AC motors

Transmission: two-speed

Power: 671hp

Torque: 849Nm

Range: 456km

Price: from Dh437,900 

On sale: now

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Hili 2: Unesco World Heritage site

The site is part of the Hili archaeological park in Al Ain. Excavations there have proved the existence of the earliest known agricultural communities in modern-day UAE. Some date to the Bronze Age but Hili 2 is an Iron Age site. The Iron Age witnessed the development of the falaj, a network of channels that funnelled water from natural springs in the area. Wells allowed settlements to be established, but falaj meant they could grow and thrive. Unesco, the UN's cultural body, awarded Al Ain's sites - including Hili 2 - world heritage status in 2011. Now the most recent dig at the site has revealed even more about the skilled people that lived and worked there.

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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

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 specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

COMPANY%20PROFILE
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