Iranian troops during a military exercise. The Revolutionary Guard says two of its members were killed in an Israel attack on the suburbs of Damascus. AFP
Iranian troops during a military exercise. The Revolutionary Guard says two of its members were killed in an Israel attack on the suburbs of Damascus. AFP
Iranian troops during a military exercise. The Revolutionary Guard says two of its members were killed in an Israel attack on the suburbs of Damascus. AFP
Iranian troops during a military exercise. The Revolutionary Guard says two of its members were killed in an Israel attack on the suburbs of Damascus. AFP

Iran accuses Israel of killing two Revolutionary Guards in Syria


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Two officers in Iran’s Islamic Revolutionary Guard Corps were killed in an Israeli attack in Syria this week, Iran said while vowing to avenge their deaths.

The British-based Syrian Observatory for Human Rights, a war monitor, said on Monday that the Israeli strikes killed two pro-Iran militiamen and wounded six others.

The target of the strikes was “a weapons and ammunition depot operated by Iran-backed militias near Damascus international airport”, the Observatory said.

The IRGC's Sepah News website said: “Guard colonels Ehsan Karbalaipour and Morteza Saidnejad were martyred, a crime committed by the Zionist regime, during a rocket attack on the suburbs of Damascus, Syria, yesterday morning.”

Israel “will pay for this crime”, it said.

Both Iran and Russia have provided financial and military support to President Bashar Al Assad's regime since Syria's conflict began in 2011.

Syrian state media said the Israeli missiles killed two civilians, which the Observatory, which relies on an extensive network of sources inside Syria, said it could not confirm.

Tehran says it has stationed its forces in Syria at the invitation of Damascus and only as advisers.

This is not the first time Iran has accused Israel of killing members of its armed forces in Syria. In 2018, Tehran said four military “advisers” were killed during Israeli “aggression” in central Syria.

The IRGC had also previously announced the death of some of its members who were “on a mission” in Syria.

Shelling of fuelling depot in Syria — in pictures

  • Firefighters extinguish a blaze caused by Syrian government artillery shelling in the rebel-held town of Dana. All photos by AFP
    Firefighters extinguish a blaze caused by Syrian government artillery shelling in the rebel-held town of Dana. All photos by AFP
  • Syrian government forces aimed at a fuel depot affiliated to the Hayat Tahrir Al Sham militant group in the town.
    Syrian government forces aimed at a fuel depot affiliated to the Hayat Tahrir Al Sham militant group in the town.
  • Flames send plumes of black smoke billowing into the sky at the site.
    Flames send plumes of black smoke billowing into the sky at the site.
  • At least three civilians were killed in the shelling, said the Syrian Observatory for Human Rights.
    At least three civilians were killed in the shelling, said the Syrian Observatory for Human Rights.
  • Hayat Tahrir AlSham, a former Syrian branch of Al Qaeda, controls with its allies about half of the Idlib region and parts of neighbouring provinces.
    Hayat Tahrir AlSham, a former Syrian branch of Al Qaeda, controls with its allies about half of the Idlib region and parts of neighbouring provinces.
  • A ceasefire deal reached in March 2020 has largely held since, despite sporadic flare-ups.
    A ceasefire deal reached in March 2020 has largely held since, despite sporadic flare-ups.
  • Firefighters battle the blaze at the fuel depot.
    Firefighters battle the blaze at the fuel depot.
  • The Idlib region bordering Turkey is home to about three million people.
    The Idlib region bordering Turkey is home to about three million people.
  • Damascus has carried out several attacks on southern Idlib since June.
    Damascus has carried out several attacks on southern Idlib since June.
  • The war in Syria has killed about half a million people and displaced millions more, the Observatory says.
    The war in Syria has killed about half a million people and displaced millions more, the Observatory says.

According to the Observatory, Israel has carried out raids in Syria at least seven times this year.

Last month, Israeli raids near the capital killed two Syrian soldiers and four Iran-backed militiamen, the Observatory said.

Since civil war broke out in Syria in 2011, Israel has carried out hundreds of air strikes inside the country as it focuses on government positions, as well as allied Iran-backed forces and fighters from Lebanon's Shiite movement Hezbollah.

While Israel rarely comments on individual strikes in Syria, it has acknowledged mounting hundreds of them since 2011.

The Israeli military has defended them as necessary to prevent its arch-foe Iran from gaining a foothold on its doorstep.

The conflict in Syria started with the brutal repression of peaceful protests before escalating and pulling in foreign powers and global extremists. It has killed about 500,000 people.

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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SERIES INFO

Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series

All matches at the Zayed Cricket Stadium, Abu Dhabi

Test series

1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March

Play starts at 9.30am

T20 series

1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March

TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube

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.”

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Sunday's Super Four matches

Dubai, 3.30pm
India v Pakistan

Abu Dhabi, 3.30pm
Bangladesh v Afghanistan

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Pakistan T20 series squad

Sarfraz Ahmed (captain), Fakhar Zaman, Ahmed Shahzad, Babar Azam, Shoaib Malik, Mohammed Hafeez, Imad Wasim, Shadab Khan, Mohammed Nawaz, Faheem Ashraf, Hasan Ali, Amir Yamin, Mohammed Amir (subject to fitness clearance), Rumman Raees, Usman Shinwari, Umar Amin

UAE currency: the story behind the money in your pockets
The specs
Engine: 3.6 V6

Transmission: 8-speed auto

Power: 295bhp

Torque: 353Nm

Price: Dh155,000

On sale: now 

Kamindu Mendis bio

Full name: Pasqual Handi Kamindu Dilanka Mendis

Born: September 30, 1998

Age: 20 years and 26 days

Nationality: Sri Lankan

Major teams Sri Lanka's Under 19 team

Batting style: Left-hander

Bowling style: Right-arm off-spin and slow left-arm orthodox (that's right!)

the pledge

I pledge to uphold the duty of tolerance

I pledge to take a first stand against hate and injustice

I pledge to respect and accept people whose abilities, beliefs and culture are different from my own

I pledge to wish for others what I wish for myself

I pledge to live in harmony with my community

I pledge to always be open to dialogue and forgiveness

I pledge to do my part to create peace for all

I pledge to exercise benevolence and choose kindness in all my dealings with my community

I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity

Squad

Ali Kasheif, Salim Rashid, Khalifa Al Hammadi, Khalfan Mubarak, Ali Mabkhout, Omar Abdulrahman, Mohammed Al Attas, Abdullah Ramadan, Zayed Al Ameri (Al Jazira), Mohammed Al Shamsi, Hamdan Al Kamali, Mohammed Barghash, Khalil Al Hammadi (Al Wahda), Khalid Essa, Mohammed Shaker, Ahmed Barman, Bandar Al Ahbabi (Al Ain), Al Hassan Saleh, Majid Suroor (Sharjah) Walid Abbas, Ahmed Khalil (Shabab Al Ahli), Tariq Ahmed, Jasim Yaqoub (Al Nasr), Ali Saleh, Ali Salmeen (Al Wasl), Hassan Al Muharami (Baniyas) 

BRIEF SCORES

England 353 and 313-8 dec
(B Stokes 112, A Cook 88; M Morkel 3-70, K Rabada 3-85)  
(J Bairstow 63, T Westley 59, J Root 50; K Maharaj 3-50)
South Africa 175 and 252
(T Bavuma 52; T Roland-Jones 5-57, J Anderson 3-25)
(D Elgar 136; M Ali 4-45, T Roland-Jones 3-72)

Result: England won by 239 runs
England lead four-match series 2-1

The biog

Name: Salvador Toriano Jr

Age: 59

From: Laguna, The Philippines

Favourite dish: Seabass or Fish and Chips

Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.

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The story of Edge

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.

It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.

Edge has an annual revenue of $5 billion and employs more than 12,000 people.

Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab

 

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
Updated: March 09, 2022, 7:49 AM