UN Secretary General Antonio Guterres has drawn criticism for posing for a photograph during his visit to Iraq with two militia leaders wanted by the US for crimes against humanity.
Mr Guterres, who is visiting Iraq for the first time in six years, has been meeting various leaders, including Prime Minister Mohammed Shia Al Sudani and Foreign Minister Fuad Hussein.
His visit comes as Iraq this month marks the 20th anniversary of the US- led invasion that toppled Saddam Hussein, as it faces continued economic, political, social and environmental crises.
“UNSG is ambushed. Another nightmarish optic coming out of Iraq,” said Michael Knights, Iraq expert at the Washington Institute for Near East policy.
“On his right (white turban) — US designated terrorist Qais Al Khazali, with a lot of US, UK and Iraqi blood on his hands. On his left, Rayan Al Kildani — US-designated human rights abuser,” Mr Knights said on Twitter.
A spokesman for the UN Assistance Mission for Iraq said the photograph was taken after a dinner hosted by Mr Al Sudani.
“The photo was taken on his way out, after a dinner with government of Iraq coalition representatives, upon the invitation of the Prime Minister of Iraq, discussing the country’s future, the need to deliver and serve the needs and interests of Iraqis. There were more invitees at the dinner,” the spokesman told The National.
The militia leaders are also included in a group photo with Mr Guterres, UN envoy to Iraq Jeanine Hennis-Plasschaert and members of the Iraqi parliament's human rights council.
In 2020, the US designated Mr Al Khazali, leader of the Asaib Ahl Al Haq militia, and his brother Laith Al Khazali, another leader of the group, as global terrorists.
Asaib Ahl Al Haq, also known as the League of the Righteous, is backed by Iran’s Revolutionary Guard Corps-Quds Force, which has been similarly designated by the US as a foreign terrorist organisation. Washington believes the Iraqi militia is a proxy for Iran.
Mr Al Kildani is head of the Babylon Movement and leader of the 50th Brigade, a Christian faction in Hashed Al Shaabi, also known as the Popular Mobilisation Forces.
The PMF played a key role in helping the Iraqi army's defeat ISIS after the extremist group seized large areas of Iraq and Syria in 2014.
The US Treasury sanctioned Mr Al Kildani and his militia for human rights abuses and corruption.
In 2019, the 50th Brigade was accused of being the “primary impediment” to the return of internally displaced persons to the Nineveh Plains.
The Treasury accused the militia of systematically looting homes and selling confiscated farmland. The local population accuses the group of intimidation, extortion and harassment of women, the Treasury said.
“In May 2018, a video circulated among Iraqi human rights civil society organisations in which Al Kildani cut off the ear of a handcuffed detainee,” the Treasury said.
Joel Rayburn, the former US envoy to Syria, said Mr Guterres was “all smiles” when meeting the men in Baghdad.
“The UN Secretary General is all smiles meeting in Baghdad with the grinning terrorist Qais Khazali, who killed hundreds of US troops, murdered 1,000s of Iraqis, and routinely bombards US personnel in Iraq and Syria,” he said on Twitter.
Ruba Al Hassani, a postdoctoral research associate at Lancaster University, said the photograph would affect the UN's reputation in Iraq.
“A photo with militia leaders is not a good look for Guterres,” she said on Twitter.
The specs
Engine: 0.8-litre four cylinder
Power: 70bhp
Torque: 66Nm
Transmission: four-speed manual
Price: $1,075 new in 1967, now valued at $40,000
On sale: Models from 1966 to 1970
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UAE currency: the story behind the money in your pockets
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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The specs: 2019 Mercedes-Benz C200 Coupe
Price, base: Dh201,153
Engine: 2.0-litre turbocharged four-cylinder
Transmission: Nine-speed automatic
Power: 204hp @ 5,800rpm
Torque: 300Nm @ 1,600rpm
Fuel economy, combined: 6.7L / 100km
UAE currency: the story behind the money in your pockets
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The specs
Engine: 3.9-litre twin-turbo V8
Transmission: seven-speed
Power: 720hp
Torque: 770Nm
Price: Dh1,100,000
On sale: now
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