• Hassan Rouhani, left, with Ebrahim Raisi, who succeeded Mr Rouhani as Iran's president in August.
    Hassan Rouhani, left, with Ebrahim Raisi, who succeeded Mr Rouhani as Iran's president in August.
  • Ebrahim Raisi gives a news conference after voting in the presidential election, at a polling station in Tehran.
    Ebrahim Raisi gives a news conference after voting in the presidential election, at a polling station in Tehran.
  • A conservative, Ebrahim Raisi was widely regarded as the front-runner in the June presidential election.
    A conservative, Ebrahim Raisi was widely regarded as the front-runner in the June presidential election.
  • Mr Raisi waves to supporters at a campaign rally in Tehran during the 2017 presidential election.
    Mr Raisi waves to supporters at a campaign rally in Tehran during the 2017 presidential election.
  • Mr Raisi won 38 per cent of votes in 2017.
    Mr Raisi won 38 per cent of votes in 2017.
  • A girl holds a poster of Mr Raisi during a campaign rally in Tehran in 2017.
    A girl holds a poster of Mr Raisi during a campaign rally in Tehran in 2017.
  • Supporters of Iranian President Hassan Rouhani chant slogans during a election rally in 2017.
    Supporters of Iranian President Hassan Rouhani chant slogans during a election rally in 2017.
  • Ebrahim Raisi gained the support of prominent figures for this year's run. EPA
    Ebrahim Raisi gained the support of prominent figures for this year's run. EPA
  • Women wait to cast their ballots during the 2017 presidential elections.
    Women wait to cast their ballots during the 2017 presidential elections.
  • Hassan Rouhani, centre, Ebrahim Raisi, left, and former parliamentary Speaker Ali Larijani.
    Hassan Rouhani, centre, Ebrahim Raisi, left, and former parliamentary Speaker Ali Larijani.
  • Presidential candidates Amirhossein Ghazizadeh Hashemi, Ebrahim Raisi, Mohsen Rezaei, Mohsen Mehralizadeh, Abdolnasser Hemmati, Alireza Zakani and Saeed Jalili.
    Presidential candidates Amirhossein Ghazizadeh Hashemi, Ebrahim Raisi, Mohsen Rezaei, Mohsen Mehralizadeh, Abdolnasser Hemmati, Alireza Zakani and Saeed Jalili.
  • Supporters of Mr Raisi during a campaign rally on June 6.
    Supporters of Mr Raisi during a campaign rally on June 6.
  • Mr Raisi was born into a religious family in the holy city of Mashhad in 1960.
    Mr Raisi was born into a religious family in the holy city of Mashhad in 1960.
  • A worker prepares a banner for Mr Raisi's campaign in Tehran.
    A worker prepares a banner for Mr Raisi's campaign in Tehran.
  • Seven presidential candidates during their first televised debate on June 5.
    Seven presidential candidates during their first televised debate on June 5.
  • Mr Raisi addressing journalists on May 15 after registering his candidacy for the election.
    Mr Raisi addressing journalists on May 15 after registering his candidacy for the election.

Who is Ebrahim Raisi, Iran's incoming president?


  • English
  • Arabic

Ebrahim Raisi, the hardline judiciary chief, has been a fixture of Iranian politics for decades and is well-known in Iran and globally for his role in the execution of thousands of prisoners in the 1980s.

Mr Raisi was the preferred candidate of Supreme Leader Ayatollah Ali Khamenei, who is said to consider Mr Raisi a close confidant and possible successor. Many believe his win was predetermined and a stepping stone to his eventual role as Supreme Leader.

He won the presidential elections with 17.8 million votes, out of 28.6 million cast, to succeed reformist Hassan Rouhani who had spent eight years in his post.

Through the election period, Mr Raisi seemed to tone down his normally extreme anti-West hardline rhetoric, suggesting he would continue negotiations with the US and Europe on a new nuclear deal as a way to relieve sanctions pressure.

He also spent much of his campaigning focused on Iran's economic issues, pledging to tackle “poverty and corruption, humiliation and discrimination.”

Mr Raisi was born in 1960 in a small village near the holy city of Mashhad. As a teenager, he went to Qom to enter a seminary, where he studied under Mr Khamenei. While in Qom he became politically active, participating in protests against the shah prior to the revolution.

During the early years of the Islamic Republic, Mr Raisi began his judicial career. He was appointed prosecutor of Karaj and subsequently deputy prosecutor in Tehran.

Following the end of the Iran-Iraq war in 1988, then-Supreme Leader Ruhollah Khomeini appointed Mr Raisi to a “death commission” that led to the mass execution of political dissidents.

Amnesty International says more than 5,000 prisoners, most of them connected to the anti-regime People's Mujahideen, were killed. Mr Raisi's role in the executions has been condemned by human rights groups around the world. The Centre for Human Rights in Iran has called on the International Criminal Court to investigate him over alleged crimes against humanity.

In 2009, Mr Raisi defended the executions of more than a dozen people who took part in the Green Revolution protests that followed former President Mahmoud Ahmadinejad's re-election.

In 2016, Mr Khamenei appointed him as custodian of Astan Quds Razavi, the foundation that manages the shrine of Imam Reza in Mashhad, Mr Raisi's home city.

Mr Raisi ran for president in 2017, collecting 16 million votes but losing to President Rouhani in a landslide win for the moderate candidate.

In 2019, He was named head of Iran’s judiciary by Mr Khamenei as well as deputy chief of the Assembly of Experts, the clerical group that selects the Supreme Leader. His two years as chief justice have been marked by human rights abuses and the increasing repression of any kind of dissent in Iran. He has overseen the execution of a number of Iranians who have participated in political protest, including a champion wrestler.

In November 2019, the Trump administration imposed sanctions on Mr Raisi and other members of the supreme leader’s inner circle for “advancing the regime’s domestic and foreign oppression,” which included the execution of minors.

With Mr Raisi now at the helm of the country, many believe Iran is about to face one of its most repressive presidencies. Analysts expect that many of the freedoms ushered in by the moderate Rouhani administration are likely to be reversed in favour of conservative values and hardline policies.

The%20Specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E3.6-litre%20twin%20turbocharged%20V6%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E10-speed%20automatic%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20472hp%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20603Nm%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh290%2C000%20(%2478%2C9500)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20now%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%203S%20Money%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20London%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ivan%20Zhiznevsky%2C%20Eugene%20Dugaev%20and%20Andrei%20Dikouchine%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%245.6%20million%20raised%20in%20total%3C%2Fp%3E%0A
Last-16 Europa League fixtures

Wednesday (Kick-offs UAE)

FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm

Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm

Inter Milan v Getafe (one leg only) 11pm

Manchester United (5) v LASK (0) 11pm 

Thursday

Bayer Leverkusen (3) v Rangers (1) 8.55pm

Sevilla v Roma  (one leg only)  8.55pm

FC Basel (3) v Eintracht Frankfurt (0) 11pm 

Wolves (1) Olympiakos (1) 11pm 

The biog

Favourite car: Ferrari

Likes the colour: Black

Best movie: Avatar

Academic qualifications: Bachelor’s degree in media production from the Higher Colleges of Technology and diploma in production from the New York Film Academy

GCC-UK%20Growth
%3Cp%3EAn%20FTA%20with%20the%20GCC%20would%20be%20very%20significant%20for%20the%20UK.%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20My%20Department%20has%20forecast%20that%20it%20could%20generate%20an%20additional%20%C2%A31.6%20billion%20a%20year%20for%20our%20economy.%3Cbr%3EWith%20consumer%20demand%20across%20the%20GCC%20predicted%20to%20increase%20to%20%C2%A3800%20billion%20by%202035%20this%20deal%20could%20act%20as%20a%20launchpad%20from%20which%20our%20firms%20can%20boost%20their%20market%20share.%3C%2Fp%3E%0A
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

Classification from Tour de France after Stage 17

1. Chris Froome (Britain / Team Sky) 73:27:26"

2. Rigoberto Uran (Colombia / Cannondale-Drapac) 27"

3. Romain Bardet (France / AG2R La Mondiale)

4. Fabio Aru (Italy / Astana Pro Team) 53"

5. Mikel Landa (Spain / Team Sky) 1:24"

New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

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.”

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Ballon d’Or shortlists

Men

Sadio Mane (Senegal/Liverpool), Sergio Aguero (Aregentina/Manchester City), Frenkie de Jong (Netherlans/Barcelona), Hugo Lloris (France/Tottenham), Dusan Tadic (Serbia/Ajax), Kylian Mbappe (France/PSG), Trent Alexander-Arnold (England/Liverpool), Donny van de Beek (Netherlands/Ajax), Pierre-Emerick Aubameyang (Gabon/Arsenal), Marc-Andre ter Stegen (Germany/Barcelona), Cristiano Ronaldo (Portugal/Juventus), Alisson (Brazil/Liverpool), Matthijs de Ligt (Netherlands/Juventus), Karim Benzema (France/Real Madrid), Georginio Wijnaldum (Netherlands/Liverpool), Virgil van Dijk (Netherlands/Liverpool), Bernardo Silva (Portugal/Manchester City), Son Heung-min (South Korea/Tottenham), Robert Lewandowski (Poland/Bayern Munich), Roberto Firmino (Brazil/Liverpool), Lionel Messi (Argentina/Barcelona), Riyad Mahrez (Algeria/Manchester City), Kevin De Bruyne (Belgium/Manchester City), Kalidou Koulibaly (Senegal/Napoli), Antoine Griezmann (France/Barcelona), Mohamed Salah (Egypt/Liverpool), Eden Hazard (BEL/Real Madrid), Marquinhos (Brazil/Paris-SG), Raheem Sterling (Eengland/Manchester City), Joao Félix(Portugal/Atletico Madrid)

Women

Sam Kerr (Austria/Chelsea), Ellen White (England/Manchester City), Nilla Fischer (Sweden/Linkopings), Amandine Henry (France/Lyon), Lucy Bronze(England/Lyon), Alex Morgan (USA/Orlando Pride), Vivianne Miedema (Netherlands/Arsenal), Dzsenifer Marozsan (Germany/Lyon), Pernille Harder (Denmark/Wolfsburg), Sarah Bouhaddi (France/Lyon), Megan Rapinoe (USA/Reign FC), Lieke Martens (Netherlands/Barcelona), Sari van Veenendal (Netherlands/Atletico Madrid), Wendie Renard (France/Lyon), Rose Lavelle(USA/Washington Spirit), Marta (Brazil/Orlando Pride), Ada Hegerberg (Norway/Lyon), Kosovare Asllani (Sweden/CD Tacon), Sofia Jakobsson (Sweden/CD Tacon), Tobin Heath (USA/Portland Thorns)