At least two people sustained minor injuries when 14 rockets were fired at the joint US-Iraqi Ain Al Asad airbase on Wednesday.
The missiles landed on the base and the perimeter at about 12.30pm, US coalition spokesman Wayne Marotto said.
Ain Al Asad, in Anbar province, hosts the largest contingent of US troops in Iraq and a small number of other international forces. Most troops on the base are Iraqi.
US forces activated defensive measures as the stream of rockets was fired. Some hit the base, while others struck the outer boundary, Col Marotto said.
Iraqi security forces said the origin of the attack was a small lorry disguised as a civilian vehicle carrying flour. It had been modified to carry a crude multiple-launch rocket system.
A mosque and some buildings were damaged near the site of the rocket launch, the Coalition said.
An assault was also mounted against a US base in Syria.
An explosive drone was launched at American and allied Kurdish forces at Al Omar oilfield in Deir Ezzor, local media reported. It was apparently intercepted.
The attacks followed drone attacks against the US embassy in Baghdad and the US consulate in Erbil, northern Iraq, on Tuesday.
An improvised drone in Baghdad which carried a small munition was reportedly shot down. The Erbil attack also caused no casualties.
The US embassy activated its Counter Rocket, Artillery and Mortar system defences, sending streams of orange tracer bullets arcing across the night sky.
Iraqi Ministry of Defence spokesman Yehia Rasool condemned the attacks as acts of terrorism “targeting the sovereignty and security of our country”.
Conflict between the US and Iran-backed militia groups has escalated in recent months. Washington has blamed them for attacks against American troops in Iraq and Syria.
US and Iran-backed militia stalemate
Since US President Joe Biden’s inauguration on January 22, Iran-backed groups in Iraq have launched close to 30 attacks on US forces, according to analysis by Michael Knights of the Washington Institute for Near East Policy, a think tank.
US and international forces in Iraq are training the Iraqi army to stymie an attempted revival of ISIS. But Coalition forces have increasingly come under attack by Iran-backed militias, part of a government-sanctioned force known as the Popular Mobilisation Units.
Under President Trump, Washington made clear the red line for the militias was the death of an American citizen.
That line was crossed with the death of an Iraqi-American contractor at a base near Kirkuk on December 27, 2019. In response, the US launched heavy air strikes against Iran’s main proxy militia force in Iraq, Kataib Hezbollah.
The resulting escalation cycle brought Iran and the US to the brink of war on January 3, 2020, when a US air strike in Baghdad killed Iranian general Qassem Suleimani and the head of Kataib Hezbollah, Abu Mahdi Al Muhandis.
Mr Biden has changed tack since taking office. On the one hand, he has established a deterrence policy whereby even non-lethal attacks will be met with US air strikes.
But unlike his predecessor Donald Trump, Mr Biden is aiming for proportionate counter strikes rather than heavy air strikes that could kill dozens of militiamen and worsen the conflict.
Calculated proportionality also risks inviting more attacks, says Alex Almeida, a security analyst at Horizon Client Access, who focuses on non-state armed groups.
“The militias are threading the line between keeping the revenge narrative going and being careful not to draw another massive Trump-style retaliatory air strike,” he said.
“It’s clear Biden is less willing to retaliate, so the bar for what they can get away with is a lot higher than under Trump.”
The Iran-backed groups have rapidly growing arsenals of drones, rockets and even short range ballistic missiles.
But the militias are falling back on smaller attacks out of caution, Mr Almeida said.
On June 28, the US bombed what it said were buildings storing explosive drones in Albu Kamal, a small town in Syria. It is near the Iraqi border town of Al Qaim, where Iran-backed militia groups have a heavy presence.
Five members of a PMF group were killed.
Those air strikes were retaliation for a non-lethal drone attack on June 26 against the US consulate in Erbil in the semi-autonomous Kurdish region.
Abu Alaa Al Walae, the head of Kataib Sayyid Al Shuhada, told AFP on Tuesday his forces were planning revenge against US forces for the attack.
“We want it to be an operation in which everyone says they have taken revenge on the Americans,” Al Walae said. “It will be a qualitative operation [that could come] from the air, the sea, along Iraq’s border, in the region or anywhere. It’s an open war.”
Controlled violence
The violence has raised questions as to how serious the current round of fighting could become.
“I see this trending toward continued escalation but not all out escalation,” Mr Almeida said.
“We’re not likely to see a ramped roadside bombing campaign, which could seriously disrupted Coalition logistics. In other words, multiple convoy roadside bombs per week. We probably won’t see a sustained high volume of rocket fire at multiple Coalition operating locations, like in 2011,” he said.
“In general, I think the militias will continue trying out new modes of attacks, drones, anti-air missiles, maybe. But I think the overall volume of attacks is going to remain reasonably low.”
Kataib Hezbollah attacks on US forces in 2011, using much larger rockets than those typically used in recent attacks, killed 15 US servicemen in the space of a month before stopping after a combination of US threats and diplomacy.
But even if the militias and the US refrain from attempted mass casualty attacks against each other, the ongoing fight against ISIS, known by the Coalition as Operation Inherent Resolve, could be disrupted, said Joel Wing, an analyst in California who has tracked fighting in Iraq since 2008.
“I think OIR is in a tailspin. The US is going into force protection, which means it’s not doing much advising and assistance to the Iraqis. The pro-Iran camp has the initiative because it can up the ante with more intense attacks any time it wants,” he told The National.
“US deterrence has been ineffective hitting camps out on the Iraq-Syrian border, so I’ve gotten the impression that US military doesn’t like escalation.”
MATCH INFO
England 2
Cahill (3'), Kane (39')
Nigeria 1
Iwobi (47')
BRAZIL SQUAD
Alisson (Liverpool), Daniel Fuzato (Roma), Ederson (Man City); Alex Sandro (Juventus), Danilo (Juventus), Eder Militao (Real Madrid), Emerson (Real Betis), Felipe (Atletico Madrid), Marquinhos (PSG), Renan Lodi (Atletico Madrid), Thiago Silva (PSG); Arthur (Barcelona), Casemiro (Real Madrid), Douglas Luiz (Aston Villa), Fabinho (Liverpool), Lucas Paqueta (AC Milan), Philippe Coutinho (Bayern Munich); David Neres (Ajax), Gabriel Jesus (Man City), Richarlison (Everton), Roberto Firmino (Liverpool), Rodrygo (Real Madrid), Willian (Chelsea).
Strait of Hormuz
Fujairah is a crucial hub for fuel storage and is just outside the Strait of Hormuz, a vital shipping route linking Middle East oil producers to markets in Asia, Europe, North America and beyond.
The strait is 33 km wide at its narrowest point, but the shipping lane is just three km wide in either direction. Almost a fifth of oil consumed across the world passes through the strait.
Iran has repeatedly threatened to close the strait, a move that would risk inviting geopolitical and economic turmoil.
Last month, Iran issued a new warning that it would block the strait, if it was prevented from using the waterway following a US decision to end exemptions from sanctions for major Iranian oil importers.
FROM%20THE%20ASHES
%3Cp%3EDirector%3A%20Khalid%20Fahad%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Shaima%20Al%20Tayeb%2C%20Wafa%20Muhamad%2C%20Hamss%20Bandar%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
COMPANY PROFILE
Name: N2 Technology
Founded: 2018
Based: Dubai, UAE
Sector: Startups
Size: 14
Funding: $1.7m from HNIs
Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics
'Worse than a prison sentence'
Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.
“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.
“They were living in perpetual mystery as to how their futures would pan out, and what that would be.
“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.
“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.
“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”
Women%E2%80%99s%20T20%20World%20Cup%20Qualifier
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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.”
Brief scores:
Toss: Nepal, chose to field
UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23
Nepal 132-7: Jora 53 not out; Zahoor 2-17
Result: UAE won by 21 runs
Series: UAE lead 1-0
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