More than 300 people were indicted on Monday for participating in Iran's women-led protests, with four possibly facing the death penalty, the country's judiciary said.
Protests against the Iranian regime turned violent at the weekend at Tehran's Sharif University of Technology, when a group of demonstrating female students clashed with counter-protesters.
The violence comes amid weeks-long anti-government protests triggered by the death of 22-year-old Mahsa Amini in morality police custody.
Indictments have been issued for 315 people for “congregating and colluding with the intention of acting against the country's security”, “propaganda against the system” and “disturbing public order”, the judiciary's Mizan Online news website cited Tehran prosecutor Ali Salehi as saying.
Mr Salehi said “indictments were also issued for four rioters on charges of moharebeh” — or “war against God” — a charge that can carry a death sentence.
The rioters are accused of “using a weapon to terrorise the society and people, injuring security officers, setting fire to and destroying public and government property with the intent to disrupt the country's security and confronting the holy system of the Islamic Republic of Iran”, he said.
The development comes as Iran's “morality police” have been filmed beating protesters and firing shotguns into crowds.
Demonstrations around the world have been held in solidarity with Iran's protest movement, with marches taking place in New York, London and Berlin.
Rights groups said more than 200 people have been killed since the protests began as security forces clamp down on the largest anti-government movement since 2019, when more than 200 died in what is now referred to as Bloody November.
Classes at Sharif University of Technology were suspended and moved online earlier this month after clashes between students and security forces.
Tasnim news agency reported that when classes resumed on Saturday, “a number of female students entered the men's dining hall after removing their hijab”, breaching Iran's rules on gender segregation in some public spaces and mandatory headscarves for women.
On Sunday, another group of students “held a rally … protesting against the insults and desecration that had occurred at the university”, Tasnim said.
The students, who waved the Iranian flag, called on the university's administration “to deal with lawlessness and violation of norms” on its campus, the report said.
A separate group of students “chanted vulgar slogans, broke the door and windows of the dining hall and threw them towards the students inside”, Tasnim said. It added that “some students and university security personnel” were injured.
The news agency published a video purportedly showing students kicking the door to the dining hall as others blocked it from inside.
The university said on Sunday that it had barred entry to “a small number of students” over their role in “creating an uneasy atmosphere”, local media reported.
The students were “temporarily banned from attending the university for their own benefit and for the benefit of the university”, Shargh newspaper quoted the statement as saying.
On October 2, riot police confronted about 200 students who gathered at the university and chanted slogans against authorities, Mehr news agency reported.
The security forces used tear gas and paintballs, while police officers were armed with weapons that shoot non-lethal steel pellets, Mehr reported.
Deputy Interior Minister Majid Mirahmadi said on Saturday that protests in universities and elsewhere had subsided.
“There are various gatherings in some universities, which are decreasing every day, and the riots are going through their final days,” state news agency IRNA quoted Mr Mirahmadi as saying.
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How Alia's experiment will help humans get to Mars
Alia’s winning experiment examined how genes might change under the stresses caused by being in space, such as cosmic radiation and microgravity.
Her samples were placed in a machine on board the International Space Station. called a miniPCR thermal cycler, which can copy DNA multiple times.
After the samples were examined on return to Earth, scientists were able to successfully detect changes caused by being in space in the way DNA transmits instructions through proteins and other molecules in living organisms.
Although Alia’s samples were taken from nematode worms, the results have much bigger long term applications, especially for human space flight and long term missions, such as to Mars.
It also means that the first DNA experiments using human genomes can now be carried out on the ISS.
LA LIGA FIXTURES
Friday Athletic Bilbao v Celta Vigo (Kick-off midnight UAE)
Saturday Levante v Getafe (5pm), Sevilla v Real Madrid (7.15pm), Atletico Madrid v Real Valladolid (9.30pm), Cadiz v Barcelona (midnight)
Sunday Granada v Huesca (5pm), Osasuna v Real Betis (7.15pm), Villarreal v Elche (9.30pm), Alaves v Real Sociedad (midnight)
Monday Eibar v Valencia (midnight)
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.”
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