Every few months, a UN envoy seeking a political solution to the Syrian civil war briefs the Security Council on what has been described as a lack of any significant progress.
Geir Pedersen's mission, to implement international resolutions calling for undefined political transition in Syria, now faces even more challenges after Syrian President Bashar Al Assad gave a television interview this week with Sky News Arabia.
The president blamed neighbouring countries for the chaos in Syria, as well as a buoyant illicit trade in a type of amphetamine known as Captagon. He made no mention of the possibility of a change of his family's rule over a government, which has lasted 53 years.
Civil war began towards the end of 2011, after authorities repressed peaceful demonstrations against Mr Al Assad. Iran, Russia, the US and Turkey carved out zones in the country, funding proxy militias and fighters, from Marxist-Leninist guerrillas to Sunni and Shiite extremists.
The Russian intervention in 2015 was crucial to Mr Assad maintaining control in Damascus.
The smuggling of narcotics across to neighbouring states, mainly to Jordan, became a lucrative business for his loyalists and a main supply of foreign currency.
Mr Pedersen, a Norwegian diplomat, is persisting in his efforts and has not given up as his three predecessors did.
“Pedersen is still there because he recognises that any solution is not in the hands of Assad,” Khaled Helou, a member of the Syrian opposition who sits on a dormant, UN-supervised committee formed four years ago to come up with a new constitution, told The National.
Two of Mr Pedersen's predecessors, veteran Algerian diplomat Lakhdar Brahimi, and the late former UN Secretary General Kofi Annan, were some of the most distinguished names in international diplomacy in the past half century.
Mr Brahimi engineered the 1989 Taif Accords that helped end the Lebanese civil war but failed to loosen Damascus’s influence. He succeeded Mr Annan as Syria envoy and quit in 2014, the year the UN peace process started in Geneva.
UN envoy spokeswoman Jenifer Fenton told The National Mr Pedersen continues to “to engage with all relevant actors, and explore and test possibilities for diplomatic traction on all aspects of his mandate”.
His mission for political transition in Syria is one of three international diplomatic tracks.
The second is a Russian-supervised peace process in Astana, the capital of Kazakhstan.
The Astana process consists of Moscow, Iran – Mr Al Assad’s main regional supporter – and Turkey.
Delegations from the Syrian government and the opposition attend but their presence is mostly symbolic, with the big powers deciding on any outcome.
But Ankara has eased its opposition to Mr Al Assad over the past two years, partly to undermine Kurdish militias that had acquired, with US support, territory on its border in north-eastern Syria.
The north-east forms the bulk of the US zone in Syria, which mostly runs along the border with Turkey and Iraq.
Turkey is also engaged with representatives of Mr Al Assad in a third, stalled track focused on finding ways to undermine the US zone of influence in Syria. The talks are overseen by Russia and attended by Iran.
In this fragmented landscape, Mr Pedersen has had to operate, with the US having acquiesced in 2015 to a takeover by Moscow of the international diplomatic file for Syria.
Mr Helou said Russia, with co-operation from Iran and Turkey, would have imposed a “cosmetic” political solution to the Syrian civil war that strengthens the regime in Damascus had it not been for last year’s invasion of Ukraine.
Since that began, “Washington has mostly stopped playing ball with Russia over Syria”, said Mr Helou, a former judge who fled Syria to Turkey after the government unleashed its security forces and sent tanks into cities to suppress the revolt in 2011.
“Assad does not seem to have grasped that the international picture has changed after the Ukraine war,” Mr Helou said.
“He does not recognise how weak he is and that if the United States and Russia ever agree, a solution will be imposed, whether he wants it or not,” he said.
Arab turnaround
Arab countries, some of which have supported anti-Assad rebel groups, largely withdrew from the Syria file after the 2015 Russian intervention.
With Russian encouragement, and because of a Saudi detente with Iran, most welcomed back Mr Al Assad into the Arab League after more than a decade of isolation.
Countries have different reasons to accommodate Mr Al Assad, with Jordan hoping for a reduction in Captagon flow and gestures to welcome back refugees. Other countries appear to have more geopolitical interests in mind, relating to better ties with Iran and a possible deal between Ankara and Damascus.
But the US and other western powers have opposed re-establishing diplomatic ties.
Middle East specialist Mona Yacoubian says the so-called normalisation complicates Mr Pederson's task, although he had welcomed it.
“Restoring ties and readmitting Syria to the Arab League were a huge concession, without apparently getting much, if anything, in return,” said Ms Yacoubian, vice president of the Middle East and North Africa centre at the US Institute of Peace, funded by the US Congress.
She said the move has dealt the UN peace process “another serious blow”, on top of Russia's “refusal to engage in Geneva”.
In his interview with Sky News, which was broadcast on Wednesday, Mr Al Assad mentioned the UN only when talking about the possibility of the return of the millions of refugees who had fled Syria.
But last month, Jordanian Foreign Minister Ayman Safadi said after meeting Mr Al Assad in Damascus that UN resolution 2254, the core of Mr Pedersen's mandate, remains the basis to solve the conflict in Syria.
The resolution, passed six weeks after the Russian intervention, toned down past international deals that specifically called for a transitional governing body and the lifting of the heavy grip of the security apparatus in the country.
But it kept open the possibility for a transition of power in Syria, as well as reconciliation.
Bente Scheller, head of the Middle East division at the Heinrich Boell Foundation, said Mr Al Assad has no interest in triggering the resolution, nor in responding positively to the Arab gestures.
“So far the initial steps of the Arab states have not been reciprocated by the regime,” she said.
“In all the areas where the states from the region expected more co-operation, the situation has got worse rather than better.”
'Stonewalling'
A day before Mr Al Assad's interview was broadcast, police in Jordan announced the confiscation of a stash of drugs from a trading zone on the border with Syria, from where they were to be smuggled into the kingdom. The zone is jointly run by the two sides.
Ahmad Tumeh, a Syrian opposition figure who is close to Turkey, said Syrian government delegations had adopted a stonewalling tactic whenever the talks convene in Geneva, however seldom.
“They object to any proposal on the grounds that it undermines the sovereignty of the current government and brands any opposition as terrorists,” said Mr Tumeh.
“Their strategy is to sabotage the talks from within.”
Ultimately, he said, all the international powers appear content to leave intact the “existing lines of separation” in Syria, between the government, opposition areas and territory held by Kurdish militia.
Several weeks ago, Mr Pedersen, in an address to the UN Security Council, expressed hope of positive developments soon. He said that despite months of promising diplomacy, there had been no tangible results for the Syrian people.
Mr Pedersen appealed to Damascus to work with the UN in pursuit of a political path, insisting “a Syrian-Syrian track and a wider process of confidence building” were needed.
The six points:
1. Ministers should be in the field, instead of always at conferences
2. Foreign diplomacy must be left to the Ministry of Foreign Affairs and International Co-operation
3. Emiratisation is a top priority that will have a renewed push behind it
4. The UAE's economy must continue to thrive and grow
5. Complaints from the public must be addressed, not avoided
6. Have hope for the future, what is yet to come is bigger and better than before
The biog
Favourite film: Motorcycle Dairies, Monsieur Hulot’s Holiday, Kagemusha
Favourite book: One Hundred Years of Solitude
Holiday destination: Sri Lanka
First car: VW Golf
Proudest achievement: Building Robotics Labs at Khalifa University and King’s College London, Daughters
Driverless cars or drones: Driverless Cars
How Islam's view of posthumous transplant surgery changed
Transplants from the deceased have been carried out in hospitals across the globe for decades, but in some countries in the Middle East, including the UAE, the practise was banned until relatively recently.
Opinion has been divided as to whether organ donations from a deceased person is permissible in Islam.
The body is viewed as sacred, during and after death, thus prohibiting cremation and tattoos.
One school of thought viewed the removal of organs after death as equally impermissible.
That view has largely changed, and among scholars and indeed many in society, to be seen as permissible to save another life.
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.”
World record transfers
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
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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%3Cp%3EAuthor%3A%20Salha%20Al%20Busaidy%3C%2Fp%3E%0A%3Cp%3EPages%3A%20316%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%20The%20Dreamwork%20Collective%C2%A0%3C%2Fp%3E%0A
COMPANY PROFILE
Name: N2 Technology
Founded: 2018
Based: Dubai, UAE
Sector: Startups
Size: 14
Funding: $1.7m from HNIs
SPECS
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ENGLAND SQUAD
Goalkeepers: Jack Butland, Jordan Pickford, Nick Pope
Defenders: John Stones, Harry Maguire, Phil Jones, Kyle Walker, Kieran Trippier, Gary Cahill, Ashley Young, Danny Rose, Trent Alexander-Arnold
Midfielders: Eric Dier, Jordan Henderson, Dele Alli, Jesse Lingard, Raheem Sterling, Ruben Loftus-Cheek, Fabian Delph
Forwards: Harry Kane, Jamie Vardy, Marcus Rashford, Danny Welbeck
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Farasan Boat: 128km Away from Anchorage
Director: Mowaffaq Alobaid
Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani
Rating: 4/5
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
COMPANY%20PROFILE
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Spider-Man: No Way Home
Director: Jon Watts
Stars: Tom Holland, Zendaya, Jacob Batalon
Rating:*****
THE NEW BATCH'S FOCUS SECTORS
AiFlux – renewables, oil and gas
DevisionX – manufacturing
Event Gates – security and manufacturing
Farmdar – agriculture
Farmin – smart cities
Greener Crop – agriculture
Ipera.ai – space digitisation
Lune Technologies – fibre-optics
Monak – delivery
NutzenTech – environment
Nybl – machine learning
Occicor – shelf management
Olymon Solutions – smart automation
Pivony – user-generated data
PowerDev – energy big data
Sav – finance
Searover – renewables
Swftbox – delivery
Trade Capital Partners – FinTech
Valorafutbol – sports and entertainment
Workfam – employee engagement
ROUTE%20TO%20TITLE
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Match statistics
Abu Dhabi Harlequins 36 Bahrain 32
Harlequins
Tries: Penalty 2, Stevenson, Teasdale, Semple
Cons: Stevenson 2
Pens: Stevenson
Bahrain
Tries: Wallace 2, Heath, Evans, Behan
Cons: Radley 2
Pen: Radley
Man of the match: Craig Nutt (Harlequins)
Omar Yabroudi's factfile
Born: October 20, 1989, Sharjah
Education: Bachelor of Science and Football, Liverpool John Moores University
2010: Accrington Stanley FC, internship
2010-2012: Crystal Palace, performance analyst with U-18 academy
2012-2015: Barnet FC, first-team performance analyst/head of recruitment
2015-2017: Nottingham Forest, head of recruitment
2018-present: Crystal Palace, player recruitment manager
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre