Diplomats in Iraq are insisting that perpetrators of targeted killings of activists and journalists are brought to justice, as concerns mount over the frequency of attacks.
Widespread anger has gripped the country following the brutal killing of activist Ihab Al Wazni on Sunday morning in the southern holy city of Karbala and the attempted assassination of reporter Ahmed Hassan on Monday.
The attacks were less than 24 hours apart.
“Impunity for the killing of activists since October 2019 has only led to more deaths,” the British ambassador to Iraq, Stephen Hickey, said.
“There is an urgent need for concrete measures to hold perpetrators accountable and protect Iraqi citizens as they prepare for elections in October,” Mr Hickey said.
Since the start of the protest movement in October 2019 dozens of activists, journalists and members of civil society groups have been assassinated, kidnapped and threatened.
The movement calls for more employment opportunities, better public services and an end to corruption.
The government has been under pressure to find and punish the killers of activists calling for reforms, but little has been done.
“Insisting on accountability for murders like that of Ihab Al Wazni is not a hollow call,” said Martin Huth, the European Union’s ambassador to Iraq.
“Killers challenge the state, threaten and bully Iraqi society, and sabotage the political course of the entire country,” Mr Huth said.
Al Wazni was known as the “hero of Karbala” where he was well known in the protest movement, even as Iran-backed militia groups grew in strength and continued to murder activists.
He was shot dead near his home by men on motorbikes using a gun equipped with a silencer. The act was caught on surveillance cameras.
His death has sparked outrage at the lack of action taken by authorities to protect civilians and provide them with basic public services.
Al Wazni escaped death in December 2019, when men on motorbikes used silenced weapons to kill fellow activist Fahem Al Tai as he was dropping him home in Karbala.
The attack occurred only two months after the start of the protests. Many activists on social media blamed Iran-backed militias for his killing.
In reaction to his death, protests broke out in Karbala, Nassiriya and Diwaniya in southern Iraq, as people called for an end to the bloodshed and to rampant corruption.
Protesters blocked roads and bridges with burning tires and set fire to trailers belonging to Iran’s consulate in Karbala.
Hours after Al Wazni’s death, reporter Ahmed Hassan was put in intensive care after receiving "two bullets in the head and one in the shoulder," doctors told local news outlets.
Witnesses said that Mr Hassan "was targeted as he got out of his car to go home," in Diwaniya in the south of the country.
The protest movement has been directed at the post 2003 political system and an elite class that Iraqis accuse of pillaging Iraq’s wealth while the country grows poorer.
But protesters have also directed their rage at neighboring Iran and the powerful Iraqi Shiite militias tied to it, many of whom also have close ties to Iraqi political parties.
Protesters were met with overwhelming force in October 2019 and the ensuing months, which resulted in the death of at least 550 people and injuries of thousands more.
Since then, violence on the streets has declined but militias have opted for a strategy of killing of protest movement leaders.
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Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
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The specs
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The 15 players selected
Muzzamil Afridi, Rahman Gul, Rizwan Haider (Dezo Devils); Shahbaz Ahmed, Suneth Sampath (Glory Gladiators); Waqas Gohar, Jamshaid Butt, Shadab Ahamed (Ganga Fighters); Ali Abid, Ayaz Butt, Ghulam Farid, JD Mahesh Kumara (Hiranni Heros); Inam Faried, Mausif Khan, Ashok Kumar (Texas Titans
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Global state-owned investor ranking by size
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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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.”
Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
If you go
The flights
Etihad (etihad.com) flies from Abu Dhabi to Luang Prabang via Bangkok, with a return flight from Chiang Rai via Bangkok for about Dh3,000, including taxes. Emirates and Thai Airways cover the same route, also via Bangkok in both directions, from about Dh2,700.
The cruise
The Gypsy by Mekong Kingdoms has two cruising options: a three-night, four-day trip upstream cruise or a two-night, three-day downstream journey, from US$5,940 (Dh21,814), including meals, selected drinks, excursions and transfers.
The hotels
Accommodation is available in Luang Prabang at the Avani, from $290 (Dh1,065) per night, and at Anantara Golden Triangle Elephant Camp and Resort from $1,080 (Dh3,967) per night, including meals, an activity and transfers.