Thirty-seven people were killed and more were feared dead in an attack on a beach in Somalia's capital Mogadishu on Friday night, authorities have said.
Security forces said they had killed five of the militants who were shooting at revellers at Lido beach, while another detonated a suicide bomb.
More than 150 people were injured and as Somalia dealt with the aftermath of the atrocity, President Hassan Sheikh Mohamud said on X that he would hold an emergency meeting with Prime Minister Hamza Abdi Barre and "key security officials to address the situation".
The UN and African Union condemned the attack, which was also "strongly condemned" by the UAE's Ministry of Foreign Affairs and Saudi Arabia.
The explosion took place at a hotel on the beach, former prime minister Hassan Ali Khaire posted on social media.
“I send my deepest condolences to the families, relatives and friends of those who were martyred in these explosions.
“The fact that the terrorist attack coincides with this night when the beach is the most congested shows the hostility of the terrorists to the Somali people.”
The attack has been claimed by Al Shabab, a Somalia-based group affiliated with Al Qaeda.
Lido Beach in Mogadishu is typically bustling on Friday nights as Somalis enjoy their weekend.
Videos posted on social media showed bodies lying on the beach in the dark, and people running to safety.
Security forces went to the scene, authorities and witnesses said, and state-owned Somali National News Agency said they “neutralised the attackers”.
“We were chatting and relaxing on the beach when suddenly a huge explosion went off, followed by heavy gunfire inside the nearby Beach View hotel,” Ali Hassan told The National.
“We ducked and ran away. I saw dead bodies and others injured but I cannot remember exactly how many. I only learnt later that it was a suicide bomber who blew himself up, it was so scary. I am still shocked."
Mohamud Moalim told AP that he saw an attacker wearing an explosive vest moments before he “blew himself up next to the beach-view hotel”.
Mr Moalim said some of his friends at the hotel were killed and others were wounded.
Another witness, Abdisalam Adam, told AP that he “saw many people lying on the ground” and had helped take some of the injured to the hospital.
Hospitals in Mogadishu called for blood donations for the injured.
“We urgently need blood group B+. Our emergency department is offering free treatment to the injured we are receiving tonight,” Kalkaal Hospital announced on its Facebook page.
The Lido Beach area has in the past been attacked by militants allied to Al Shabab.
The most recent attack last year resulted in the deaths of nine people.
Al Shabab has been fighting an insurgency against the Somali government since 2006 and controls areas of southern and central Somalia.
The group remains capable of carrying out large-scale attacks, despite years of pressure from the government backed by the African Union and other international allies.
Mr Mohamud declared a “total war” on the group after he was re-elected in 2022.
Last month, the army claimed to have killed more than 100 militants from the group in an operation in the Jubaland region.
Local security sources said 135 fighters were killed and 80 wounded, making it one of the heaviest losses for the group. Al Shabab claimed to have killed 71 soldiers, which the government denied.
The group has continued attacks on the capital in recent years and is believed by US intelligence to be in talks towards co-operation with the Houthi rebels in Yemen.
Al Shabab has also carried out attacks outside of Somalia. In 2013, militants killed 67 people in an attack on a shopping centre in Nairobi. Two years later, they killed 148 people in an attack on a university in Garissa in eastern Kenya.
Al Shabab has also reportedly struck a deal with pirates based in Somalia, providing them protection in exchange for a cut of ransoms received.
Somalia has the longest coastline in Africa, extending for more than 3,000km, and is strategically located on the Horn of Africa, close to major shipping routes.
Hassan Mohamed contributed to this report.
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Tank warfare
Lt Gen Erik Petersen, deputy chief of programs, US Army, has argued it took a “three decade holiday” on modernising tanks.
“There clearly remains a significant armoured heavy ground manoeuvre threat in this world and maintaining a world class armoured force is absolutely vital,” the general said in London last week.
“We are developing next generation capabilities to compete with and deter adversaries to prevent opportunism or miscalculation, and, if necessary, defeat any foe decisively.”
MATCH INFO
Liverpool 2 (Van Dijk 18', 24')
Brighton 1 (Dunk 79')
Red card: Alisson (Liverpool)
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
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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The specs
Engine: 4.0-litre V8
Power: 503hp at 6,000rpm
Torque: 685Nm at 2,000rpm
Transmission: 8-speed auto
Price: from Dh850,000
On sale: now
UAE currency: the story behind the money in your pockets