Iraq's government is facing mounting pressure to expel US forces from its territory, amid heightened tensions across the region, but the decision comes with considerable risk.
Washington maintains troops in Iraq under the US-led International Coalition against ISIS. Their presence is opposed by various Iran-backed Shiite political parties and militias, which are highly influential in Iraq.
Since the outbreak of the Israel-Gaza war, clashes between US forces and the Iran-backed militias have intensified.
Under pressure from the pro-Tehran political parties and militias, Iraq’s Prime Minister Mohammed Shia Al Sudani has pledged to end the presence of the US-led coalition, which was formed in 2014 to fight ISIS.
Mr Al Sudani has repeatedly condemned the "violation of Iraqi sovereignty" as the US hits Iran-backed militias with air strikes in retaliation for rocket attacks launched against its troops.
“Government is setting the date for the start of the bilateral committee to put arrangements to end the presence of the international coalition forces in Iraq permanently,” the Prime Minister's office said on Friday.
Potential impact
However, the push to expel US forces has raised concerns about the security, economic, and political implications of the move.
“In light of the challenges the State of Iraq faces, mainly in security, I think this is not realistic,” political analyst Ihsan Al Shammari, who leads the Iraqi Political Thinking Centre think tank in Baghdad, told The National.
Mr Al Sudani’s statement “is a response to the mounting pressures” by the Co-ordination Framework, the biggest parliamentary bloc that includes representatives for militias, Mr Al Shammari said.
“The PM is fully aware that the Coalition withdrawal or even the engagement in negotiations could lead to political, security and economic consequences,” he added.
A senior military official said that Iraq's security forces still needed US support.
“This issue can’t be done quickly and it’s not a matter of a desire of this party or that, but needs first thorough discussion internally to reach a decision on what form of co-operation we need,” a senior military official told The National.
“We all agree that ISIS is gone and not capable as it was in 2014, but its remnants and ideology are still there,” he said. "The security forces need the support from the US forces mainly in intelligent-sharing," he added.
“For the military institution, the presence of the Coalition is vital in training, advisory, arming and guiding in some operations against ISIS remnants mainly the air strikes,” he said.
“In our opinion if we need to go with such plans, we need a gradual disengagement for at least three years to prepare ourselves,” he said, warning that a "sudden departure could disrupt the ongoing efforts to strengthen Iraqi military".
The end of a 20-year presence?
US troops have been stationed in Iraq since 2003, when an American-led an international coalition invaded Iraq to topple Saddam Hussein’s regime, claiming he was developing and stockpiling weapons of mass destruction. No such weapons were found and the invasion plunged Iraq into chaos.
The US withdrew from Iraq in 2011, leaving behind a small number of troops to protect its embassy and to train and assist Iraqi forces. At its peak in 2007, the US military presence included 170,000 soldiers.
Foreign troops returned in 2014, when ISIS seized about a third of the country as the US-trained Iraqi security forces melted away.
After the defeat of ISIS in Iraq by the end of 2017, the US started to reduce the number of its troops – from about 5,000 to 2,500 now – along with other countries from the international coalition.
Despite pressure to withdraw US forces since the defeat of ISIS, the Pentagon said on Monday that it had no plans to do so.
"Right now, I'm not aware of any plans [for withdrawal],” Air Force Major General Patrick Ryder told a news briefing in Washington DC.
“We continue to remain very focused on the defeat ISIS mission," Mr Ryder said, adding he was unaware of any notification by Baghdad to the Department of Defence about a decision to remove US troops.
Opposition to the US
Iran-backed Shiite militias and Tehran have called for the withdrawal of US troops from Iraq since 2017.
These calls intensified after the US strike killed Qassem Suleimani, commander of the Quds Force of Iran’s Islamic Revolutionary Guard Corps, and a prominent Iraqi militia leader, Abu Mahdi Al Muhandis, in an air strike in Baghdad in 2020.
Two days after the assassination, Shiites in Iraq's parliament passed a resolution calling on the government to expel foreign troops. Sunnis and Kurds have not supported the move.
The outbreak of the Gaza war broke the one-year calm between the militias and US forces that followed the establishment of Mr Al Sudani’s government.
The militias say their attacks against US troops in Iraq and Syria in response to Washington support to Israel in its fight against Hamas.
Since then, drone and missile attacks have wounded several US troops, prompting air strikes against their bases that left more than a dozen fighters killed.
Mr Al Sudani has condemned the militia attacks as terrorist and criminal acts and the US strikes as infringements on Iraq’s sovereignty.
The latest strike on Thursday in the heart of Baghdad killed a senior militia leader. The government for the first time blamed and criticised the US-led International Coalition for conducting the strike.
The day after, Mr Al Sudani renewed his call to remove the Coalition, saying the government was setting the date for the start of the bilateral committee to end the presence of the international coalition forces in Iraq permanently.
That committee, which includes representatives of the military coalition, was established last year but no meetings have been held.
SMS poll seen as appeasement
The government sent out text messages with a survey about the presence of the US-led coalition in the country, in a move insiders said was aimed at appeasing the Iran-backed factions.
“Dear citizen, are you in favour of continuing the mission of the International Coalition in Iraq?” the SMS read.
A sudden departure could disrupt the ongoing efforts to strengthen Iraqi military
Senior military officer says
Three senior government officials - two security officials and one from the Foreign Ministry - told The National that the government has not taken serious steps to remove the coalition so far.
They suggested that the messages were mainly aimed at appeasing the militias and their supporters.
A senior official from the Interior Ministry’s Intelligence office warned that the involvement of Iran-backed militias in “shaping Iraq’s security landscape introduces a new layer of complexity”.
“Their alignment with Tehran’s interests may alter the focus and priorities in the fight against ISIS,” he said.
“This shift could impact the cohesion of anti-terrorism efforts and potentially hinder progress in eradicating the extremist threat,” he said.
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Stars:Bradley Cooper, Cate Blanchett, Rooney Mara
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Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
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Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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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England v South Africa Test series:
First Test: at Lord's, England won by 211 runs
Second Test: at Trent Bridge, South Africa won by 340 runs
Third Test: at The Oval, July 27-31
Fourth Test: at Old Trafford, August 4-8
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Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
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- Taking hair from a dark to a light colour should involve a slow transition through warmer stages of colour
- When choosing a colour (especially a lighter tone), allow for a natural lift of warmth
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- If you decide to be brave and go for it, seek professional advice and use a semi-permanent colour
How Filipinos in the UAE invest
A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.
Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).
Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.
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Teams
Punjabi Legends Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan
Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
Timeline October 25: Around 120 players to be entered into a draft, to be held in Dubai; December 21: Matches start; December 24: Finals
The specs: 2019 BMW i8 Roadster
Price, base: Dh708,750
Engine: 1.5L three-cylinder petrol, plus 11.6 kWh lithium-ion battery
Transmission: Six-speed automatic
Power: 374hp (total)
Torque: 570Nm (total)
Fuel economy, combined: 2.0L / 100km
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Consoles: PC, PlayStation 4/5, Xbox Series X/S
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- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
MATCH INFO
Uefa Champions League semi-final, first leg
Barcelona v Liverpool, Wednesday, 11pm (UAE).
Second leg
Liverpool v Barcelona, Tuesday, May 7, 11pm
Games on BeIN Sports
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Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
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