Najaf International Airport receives hundreds of thousands of pilgrims a year. Reuters
Najaf International Airport receives hundreds of thousands of pilgrims a year. Reuters
Najaf International Airport receives hundreds of thousands of pilgrims a year. Reuters
Najaf International Airport receives hundreds of thousands of pilgrims a year. Reuters

Iraqi boy boards Iran-bound plane without ticket


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An Iraqi boy, 10, has left aviation authorities embarrassed after he boarded an Iran-bound plane on his own, despite several security checks at the busy airport.

The international airport in Najaf, south of Baghdad, said on Wednesday it would review security after the boy by-passed seven checks, AFP reported.

The boy was mixed in with large crowds of travellers, the report said.

He was only intercepted after boarding an Iran Air chartered aircraft, airport manager Hikmat Ahmed told AFP.

About five hours after his arrival at the airport on Monday night, "the plane crew contacted us about him", Mr Ahmed said.

"Anyone who failed in their duties will be sanctioned, fired or transferred" after an investigation, the official said.

A security source said his parents, who live in a district near the airport, had informed police of they boy's disappearance.

Iraq's civil aviation authority said a private company had since 2019 been in charge of security at Najaf airport, which receives hundreds of thousands of pilgrims a year.

"All legal procedures" would be taken against the company once the investigation has been completed, it said.

Millions of Iraqis have this week endured dust storms which have blanketed the country since April.

The government declared Monday a public holiday except for the health, security and services departments. The Iraqi Civil Aviation Authority also decided to suspend all flights until further notice.

Iraqi capital again hit by sandstorms — in pictures

  • A man smokes a cigarette during a sandstorm in Baghdad, Iraq. Reuters
    A man smokes a cigarette during a sandstorm in Baghdad, Iraq. Reuters
  • The sand or dust storm is the latest in a series of what Iraqis say is an unprecedented number to hit the country in recent weeks. Reuters
    The sand or dust storm is the latest in a series of what Iraqis say is an unprecedented number to hit the country in recent weeks. Reuters
  • Only a week ago, a similar sandstorm grounded planes at Baghdad International Airport and many schools and offices were forced to close. Reuters
    Only a week ago, a similar sandstorm grounded planes at Baghdad International Airport and many schools and offices were forced to close. Reuters
  • Hundreds of people across Baghdad and in southern cities went to hospital with breathing difficulties. AP
    Hundreds of people across Baghdad and in southern cities went to hospital with breathing difficulties. AP
  • At least one sandstorm a week has hit Iraq since last month. AP
    At least one sandstorm a week has hit Iraq since last month. AP
  • The enveloping orange haze of sand and dust tends to reduce visibility to a few hundred metres. AP
    The enveloping orange haze of sand and dust tends to reduce visibility to a few hundred metres. AP
  • Climate change is causing the sandstorms, many in Iraq believe. AP
    Climate change is causing the sandstorms, many in Iraq believe. AP
  • The country has been hit by soil degradation, intense drought and low rainfall linked to climate change. Reuters
    The country has been hit by soil degradation, intense drought and low rainfall linked to climate change. Reuters
  • The proliferation of sandstorms has also been associated with overuse of river water, excessive building of dams, overgrazing and deforestation. EPA
    The proliferation of sandstorms has also been associated with overuse of river water, excessive building of dams, overgrazing and deforestation. EPA
  • An Environment Ministry official said Iraq could face '272 days of dust' a year over the next two decades. EPA
    An Environment Ministry official said Iraq could face '272 days of dust' a year over the next two decades. EPA
  • The supply of water has been declining for years, and Iraq is classified by the UN as one of the world's five countries most vulnerable to climate change and desertification. EPA
    The supply of water has been declining for years, and Iraq is classified by the UN as one of the world's five countries most vulnerable to climate change and desertification. EPA
  • Cars drive along a street at Kahraman Square shrouded in heavy dust in central Baghdad, but the going is slow. EPA
    Cars drive along a street at Kahraman Square shrouded in heavy dust in central Baghdad, but the going is slow. EPA
  • A heavy dust storm in Nasiriyah, southern Iraq. AFP
    A heavy dust storm in Nasiriyah, southern Iraq. AFP
  • Cycling along a pedestrian bridge amid a Nasiriyah dust storm. AFP
    Cycling along a pedestrian bridge amid a Nasiriyah dust storm. AFP
  • Bedouin shepherds during a sandstorm sweeping Iraq. AFP
    Bedouin shepherds during a sandstorm sweeping Iraq. AFP
  • A traffic policeman directs the flow of cars as dust limits visibility in Nasiriyah. AFP
    A traffic policeman directs the flow of cars as dust limits visibility in Nasiriyah. AFP
  • Sheep herded by Bedouin shepherds near Najaf are almost hidden by a sandstorm. AFP
    Sheep herded by Bedouin shepherds near Najaf are almost hidden by a sandstorm. AFP
  • A dusty walk in Baghdad. Reuters
    A dusty walk in Baghdad. Reuters
  • A statue of Arab poet Al-Mutanabbi during a sandstorm in Baghdad. Reuters
    A statue of Arab poet Al-Mutanabbi during a sandstorm in Baghdad. Reuters

Flights had been resumed at all airports by Monday afternoon.

Iraq's Meteorological Authority said the country had been hit by an anticyclone coming from the eastern Mediterranean with wind speeds of between 40 and 50 kilometres per hour, lifting dust and sand from the vast expanses of desert in western and north-western parts of the country.

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1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

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Dan Brown
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Company%20profile
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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.”

Updated: May 26, 2022, 5:03 AM