• A satellite image taken on June 26, 2020 shows a close-up view of the Grand Ethiopian Renaissance Dam on the Blue Nile. Maxar Technologies via Reuters
    A satellite image taken on June 26, 2020 shows a close-up view of the Grand Ethiopian Renaissance Dam on the Blue Nile. Maxar Technologies via Reuters
  • The construction site of the Grand Ethiopian Renaissance Dam in Guba in the North West of Ethiopia, seen in November 2017. AP
    The construction site of the Grand Ethiopian Renaissance Dam in Guba in the North West of Ethiopia, seen in November 2017. AP
  • The Grand Ethiopian Renaissance Dam on the Blue Nile River in Guba, northwest Ethiopia. AFP
    The Grand Ethiopian Renaissance Dam on the Blue Nile River in Guba, northwest Ethiopia. AFP
  • An aerial view of water levels at the Grand Ethiopian Renaissance Dam in Guba, Ethiopia, 2020. AFP
    An aerial view of water levels at the Grand Ethiopian Renaissance Dam in Guba, Ethiopia, 2020. AFP
  • The Blue Nile River is seen as the Grand Ethiopian Renaissance Dam reservoir fills near the Ethiopia-Sudan border, in this broad spectral image taken on November 6, 2020. Reuters
    The Blue Nile River is seen as the Grand Ethiopian Renaissance Dam reservoir fills near the Ethiopia-Sudan border, in this broad spectral image taken on November 6, 2020. Reuters
  • The Grand Ethiopian Renaissance Dam has been a source of discord for years. AP
    The Grand Ethiopian Renaissance Dam has been a source of discord for years. AP
  • The GERD dam on the Blue Nile in Ethiopia has been under construction since 2011. EPA/MAXAR TECHNOLOGIES
    The GERD dam on the Blue Nile in Ethiopia has been under construction since 2011. EPA/MAXAR TECHNOLOGIES
  • The Grand Ethiopian Renaissance Dam on the Blue Nile River is considered by Ethiopia to be integral to its energy supply, but neighbouring countries say it jeopardises their own water resources. AFP
    The Grand Ethiopian Renaissance Dam on the Blue Nile River is considered by Ethiopia to be integral to its energy supply, but neighbouring countries say it jeopardises their own water resources. AFP
  • This frame grab from a video obtained from the Ethiopian Public Broadcaster (EBC) on July 20 and July 21, 2020 and released on July 24, 2020 shows an aerial view of water levels at the Grand Ethiopian Renaissance Dam in Guba, Ethiopia. AFP
    This frame grab from a video obtained from the Ethiopian Public Broadcaster (EBC) on July 20 and July 21, 2020 and released on July 24, 2020 shows an aerial view of water levels at the Grand Ethiopian Renaissance Dam in Guba, Ethiopia. AFP
  • A view of northwestern Ethiopia that focuses on the status of the Grand Ethiopian Renaissance Dam (GERD) and the Blue Nile River on July 11, 2020. AFP
    A view of northwestern Ethiopia that focuses on the status of the Grand Ethiopian Renaissance Dam (GERD) and the Blue Nile River on July 11, 2020. AFP
  • A handout satellite image shows a closeup view of the Grand Ethiopian Renaissance Dam (GERD) and the Blue Nile River in Ethiopia June 26, 2020. Maxar Technologies via Reuters
    A handout satellite image shows a closeup view of the Grand Ethiopian Renaissance Dam (GERD) and the Blue Nile River in Ethiopia June 26, 2020. Maxar Technologies via Reuters
  • The foreign ministers of Egypt, Ethiopia and Sudan will return to Washington this week for another round of talks to reach an agreement on the Grand Ethiopian Renaissance Dam after missing the deadline last month. Reuters
    The foreign ministers of Egypt, Ethiopia and Sudan will return to Washington this week for another round of talks to reach an agreement on the Grand Ethiopian Renaissance Dam after missing the deadline last month. Reuters
  • The Blue Nile river flows near the site of the planned Grand Renaissance Dam near Assosa in Ethiopia. AP
    The Blue Nile river flows near the site of the planned Grand Renaissance Dam near Assosa in Ethiopia. AP
  • The Grand Renaissance Dam hydroelectric project in Ethiopia. Egypt belives Adis Abbaba is being deliberatley slow in negotiations. William Lloyd George / AFP
    The Grand Renaissance Dam hydroelectric project in Ethiopia. Egypt belives Adis Abbaba is being deliberatley slow in negotiations. William Lloyd George / AFP
  • A combination picture of handout satellite images shows a view of the Grand Ethiopian Renaissance Dam (GERD) July 25, 2017 (top left), July 20, 2018 (top right), July 3, 2019 (bottom left), July 9, 2020 (bottom right) in Ethiopia, in these Sentinel-1 satellite imageries obtained by Reuters on July 14, 2020.
    A combination picture of handout satellite images shows a view of the Grand Ethiopian Renaissance Dam (GERD) July 25, 2017 (top left), July 20, 2018 (top right), July 3, 2019 (bottom left), July 9, 2020 (bottom right) in Ethiopia, in these Sentinel-1 satellite imageries obtained by Reuters on July 14, 2020.

Ethiopia entitled to use 86 per cent share of Nile, says foreign minister


Hamza Hendawi
  • English
  • Arabic

Ethiopia is entitled to use its large share of the Nile’s waters and will not allow other nations to dictate how the river is used, the country’s foreign minister said on Wednesday.

Addressing a seminar marking 10 years since construction began on the Grand Ethiopian Renaissance Dam project, Demeke Mekonnen said it “is the natural resource of all Ethiopians. No one can deprive Ethiopia of its 86 per cent share of the Nile [waters]”.

The statement signalled Addis Ababa's continued unwillingness to compromise in its long-running dispute with Egypt and Sudan over the dam.

The Blue Nile is the river’s main tributary and its source is in the Ethiopian highlands. It thunders down into eastern Sudan and travels to Khartoum, the Sudanese capital to the north, where it meets the White Nile. Together they flow into northern Sudan, Egypt and all the way to the Mediterranean. It contributes more than 85 per cent of the Nile’s water.

The comments by Mr Mekonnen seemingly confirm suspicions in Egypt and Sudan that the dam was partially meant to help realise Ethiopia’s ambition to become the paramount power in east Africa and among Nile-basin countries.

Egyptian experts have long argued that the large capacity of the water reservoir behind the dam – about 75 billion cubic metres of water – was well beyond what it needed to achieve its goal of generating 6,000 megawatts of electricity and plucking millions of Ethiopians out of poverty.

Ethiopia has said it planned to go ahead with a second and much larger filling of the dam next summer regardless of whether a deal was reached with Egypt and Sudan. It carried out the first filling last summer without giving the two downstream countries prior notice. That filling disrupted work in water treatment facilities in Sudan but made no impact on Egypt because 2020 saw a bumper flood that filled its own reservoir behind the Aswan Dam to capacity.

Under a treaty reached with Sudan in 1959, Egypt’s annual share of the Nile is 55.5 billion cubic metres, while Sudan has 18.5 billion. Egypt, where 90 per cent of its fresh water needs are met by the Nile, is alarmed that Ethiopia’s dam would deeply cut its share of the Nile water.

Sudan, for its part, is worried that Ethiopia’s refusal to enter a legally-binding deal on the filling and operation of the dam and mechanisms to deal with drought years or future disputes would leave it vulnerable to deadly flooding and disruption to its own power-generating dams on the Blue Nile.

The latest Ethiopian comments came one day after the country renewed its rejection of a proposal by Sudan and supported by Egypt to ask the UN, the US and the EU to join the African Union as mediators in the deadlocked negotiations over the dam.

The involvement of outside mediators must be agreed to by the three nations, according to a declaration on the dispute they signed in 2015. That leaves Sudan and Egypt with few options to reach a deal as the time of the second filling draws nearer.

Sudan has said that the second filling would put at risk the lives of 20 million people, about half its population. Egypt, for its part, said it remained committed to finding a diplomatic resolution to the dispute but made clear it had no intention of negotiating “indefinitely.”

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Specs%3A%202024%20McLaren%20Artura%20Spider
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%203.0-litre%20twin-turbo%20V6%20and%20electric%20motor%3Cbr%3E%3Cstrong%3EMax%20power%3A%3C%2Fstrong%3E%20700hp%20at%207%2C500rpm%3Cbr%3E%3Cstrong%3EMax%20torque%3A%3C%2Fstrong%3E%20720Nm%20at%202%2C250rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Eight-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3E0-100km%2Fh%3A%3C%2Fstrong%3E%203.0sec%3Cbr%3E%3Cstrong%3ETop%20speed%3A%20%3C%2Fstrong%3E330kph%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh1.14%20million%20(%24311%2C000)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

THE SPECS

Engine: 2.0-litre four-cylinder turbo

Transmission: eight-speed automatic

Power: 258hp at 5,000-6,500rpm

Torque: 400Nm from 1,550-4,400rpm

Fuel economy, combined: 6.4L/100km

Price, base: from D215,000 (Dh230,000 as tested)

On sale: now

%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

The lowdown

Rating: 4/5

Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

HER%20FIRST%20PALESTINIAN
%3Cp%3EAuthor%3A%20Saeed%20Teebi%3C%2Fp%3E%0A%3Cp%3EPages%3A%20256%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%C2%A0House%20of%20Anansi%20Press%3C%2Fp%3E%0A

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.”

WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

At Eternity’s Gate

Director: Julian Schnabel

Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen

Three stars

Employment lawyer Meriel Schindler of Withers Worldwide shares her tips on achieving equal pay
 
Do your homework
Make sure that you are being offered a fair salary. There is lots of industry data available, and you can always talk to people who have come out of the organisation. Where I see people coming a cropper is where they haven’t done their homework.
 
Don’t be afraid to negotiate

It’s quite standard to negotiate if you think an offer is on the low side. The job is unlikely to be withdrawn if you ask for money, and if that did happen I’d question whether you want to work for an employer who is so hypersensitive.
 
Know your worth
Women tend to be a bit more reticent to talk about their achievements. In my experience they need to have more confidence in their own abilities – men will big up what they’ve done to get a pay rise, and to compete women need to turn up the volume.
 
Work together
If you suspect men in your organisation are being paid more, look your boss in the eye and say, “I want you to assure me that I’m paid equivalent to my peers”. If you’re not getting a straight answer, talk to your peer group and consider taking direct action to fix inequality.

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

'Skin'

Dir: Guy Nattiv

Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga

Rating: 3.5/5 stars