• Iraqi Federal Police are sent into agricultural areas in Kirkuk province to protect farmers harvesting wheat, a day after extremists killed six as they worked in their fields. Photos: Iraqi Federal Police
    Iraqi Federal Police are sent into agricultural areas in Kirkuk province to protect farmers harvesting wheat, a day after extremists killed six as they worked in their fields. Photos: Iraqi Federal Police
  • Iraqi authorities said ISIS was responsible for killing the harvest workers in Kirkuk and the extremists were emboldened by the cover of dust storms sweeping the country.
    Iraqi authorities said ISIS was responsible for killing the harvest workers in Kirkuk and the extremists were emboldened by the cover of dust storms sweeping the country.
  • The Iraqi authorities say tracking the killers of the farmers from the air was difficult as dust restricted visibility and helicopters are vulnerable to sand and dust.
    The Iraqi authorities say tracking the killers of the farmers from the air was difficult as dust restricted visibility and helicopters are vulnerable to sand and dust.
  • The Iraqi Interior Ministry sent Federal Police to Kirkuk province. ISIS claimed it killed five Shiites who were harvesting wheat.
    The Iraqi Interior Ministry sent Federal Police to Kirkuk province. ISIS claimed it killed five Shiites who were harvesting wheat.
  • Iraqi Federal Police are sent to Kirkuk to protect field workers harvesting wheat. The killing of farmers is not new. Some attacks are blamed on extremist groups, while others appeared to have been the result of vendettas.
    Iraqi Federal Police are sent to Kirkuk to protect field workers harvesting wheat. The killing of farmers is not new. Some attacks are blamed on extremist groups, while others appeared to have been the result of vendettas.
  • Iraqi Federal Police on duty in Kirkuk after farmers were killed. President Barham Salih says the attacks were “villainous attempts to strike at stability and security”.
    Iraqi Federal Police on duty in Kirkuk after farmers were killed. President Barham Salih says the attacks were “villainous attempts to strike at stability and security”.
  • The job of security forces in Iraq has been made harder by extremes of weather. Videos shared by agencies on social media show soldiers near the Syria border struggling to cope with heavy dust storms.
    The job of security forces in Iraq has been made harder by extremes of weather. Videos shared by agencies on social media show soldiers near the Syria border struggling to cope with heavy dust storms.

More than 20 Syrian soldiers killed in ISIS ambush


Jamie Prentis
  • English
  • Arabic

At least 26 Syrian army soldiers were killed and more than 10 were wounded when ISIS fighters ambushed their bus overnight in eastern Syria, a war monitor said.

The attack, the deadliest of its type this year, occurred near Al Mayadeen in the desert province of Deir Ezzor, the UK-based Syrian Observatory for Human Rights said.

The war monitor said the death toll would probably rise, with the status of dozens of Syrian army soldiers unknown.

The official Syrian news agency Sana said “a number of military personnel were killed and others injured” in a “terrorist attack”, citing an army source.

Syrian government forces and allied pro-Iranian armed groups deployed in Deir Ezzor were on high alert on Friday morning, the Observatory reported.

The area was once controlled by ISIS during the period that the group ran parts of eastern Syria and northern Iraq.

However, since losing the territory they held – in Iraq in 2017 and Syria in 2019 – the extremist group has returned to being an insurgency with underground sleeper cells.

Control in Deir Ezzor is split between Syrian troops, backed by Iran, Russia and Lebanon's Hezbollah, and Kurdish-led fighters, supported by the US and other western allies.

ISIS in recent weeks has increased its attacks in Syria's north and north-east.

Thursday's attack was the third by ISIS this month, amid an apparent resurgence by the extremist group.

Also this week, 10 Syrian soldiers and pro-government fighters were killed in an ISIS attack in the former stronghold of Raqa province, the Observatory said.

Last week, ISIS attacked a convoy of oil tankers guarded by the army in the Syrian desert. That killed seven people, including two civilians.

And last month, ISIS claimed responsibility for a rare bombing in Damascus that killed at least six people near the capital's Sayyida Zeinab mausoleum, Syria's most visited Shiite pilgrimage site.

What are the influencer academy modules?
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The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

The five pillars of Islam

1. Fasting 

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3. Hajj 

4. Shahada 

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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.”

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

Shooting Ghosts: A U.S. Marine, a Combat Photographer, and Their Journey Back from War by Thomas J. Brennan and Finbarr O’Reilly

Who's who in Yemen conflict

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Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

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COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

Updated: August 11, 2023, 1:08 PM