Live updates: Follow the latest on Syria
Europe was warned on Tuesday not to rush into sending refugees back to Syria, as it weighs up its options for arranging returns after the fall of Bashar Al Assad's regime.
Countries have begun to wind down decade-long offers of refuge to Syrians escaping their country's civil war, as several EU states announced new asylum claims would be put on pause. They will now consider their options for the next stage: sending Syrians home.
In Germany, home to the biggest Syrian diaspora in Europe, it is expected some of the country's 974,000 Syrian citizens will want to return home of their own accord. But others could be pushed towards the exit by having their refugee status stripped if officials believe there are lasting improvements in Damascus.
Austria's Interior Minister Gerhard Karner has asked officials to "prepare a plan for orderly repatriations and deportations" beginning next year. There is interest in Europe in working with Jordan and Turkey, the non-EU countries housing the most Syrians in exile, to arrange returns.
The EU on Tuesday called for caution, saying any moves to return Syrians should "always require individual assessments". EU states should "not forget the situation is very much changing in the field", said Stefan de Keersmaecker, spokesman for the European Commission spokesman, the executive arm of the EU.
Voluntary returns
Governments were told to help rebuild Syria if they want to people be returned. "It's still early to determine whether Syria is really safe, whether the infrastructure and the devastated economy in this country is ready to receive large numbers of people returning," said Ranim Ahmed of The Syria Campaign lobby group.
"There needs to be more effort, especially by the UN, who already exist in Syria," she told The National. "We didn't see any response from them so far, which is typical because we've seen how they failed Syrians during the [2023] earthquake, during all the catastrophes that happened during the past years."
A German conservative party leading polls before a February election suggested giving Syrians €1,000 ($1,060) to return home voluntarily on charter flights. Jens Spahn, deputy leader of the Christian Democratic Union called for a four-way "reconstruction and return" conference involving Jordan and Turkey in the spring.
Sweden upped its offer to 350,000 krona ($32,000) for "voluntary repatriation" before the fall of the Assad regime. Jimmie Akesson, leader of the far-right Sweden Democrats, said some people in the country appeared "happy about this development ... you should see it as a good opportunity to go home".
One German diplomat warned that things could "go the other way", with Syria's Christian or Alawite minorities deciding to leave the country. A spring survey by the UN's refugee agency (UNHCR) of Syrians living in Middle East countries found 57 per cent "hoped in principle" to return home one day but few expected to do so within the next year. The agency said "some are eager, while others are hesitant" following Mr Al Assad's downfall.
Council of Europe human rights commissioner Michael O'Flaherty reminded states they have legal duties not to expose people to risks of torture or degrading treatment if they are sent back to Syria. He said governments should also "consider how return might affect family and private life, especially for Syrians who have resided in host countries for extended periods".
Syrians in Europe celebrate fall of Al Assad - in pictures
Many who arrived in Europe as refugees have since put down roots and taken a fast track to citizenship after excelling in language and integration classes. Of 200,000 people who took German nationality last year, more than 75,000 were Syrians, making them fully fledged citizens virtually bulletproof from any attempt to remove them. Britain's Foreign Secretary David Lammy said many Syrians had "been in this country for many years indeed ... their lives are here, their children were born here".
"Everyone should have the freedom to make this decision," Ms Ahmed said. "If refugees decide to go back, they deserve the right to return to their country ... for the rest who don't want to go back, I think it's their right as well."
Forced deportations
Europe was looking at ways to deport people to Syria even before the Assad regime fell, as it responds to populist anger over immigration and extremism. Denmark had declared some parts of Syria as safe, as had a German judge in denying an asylum claim.
But a lack of diplomatic relations with Syria was a blockage to following through on deportations, even for people rejected by asylum courts who lacked legal status in Europe. Italy appointed a new ambassador in Damascus in July with a view to a "more realistic" stance on Syria.
Germany turned to unnamed "regional partners", widely believed to include Qatar, to arrange a first deportation to Taliban-ruled Afghanistan in August despite a lack of formal representation, hinting it could do the same for Syria.
It will be one factor for European states to consider as they shape their stance on Syria's Hayat Tahrir Al Sham militants, amid suggestions of dropping terrorist designations for the once Al Qaeda-affiliated group. "The fact that HTS is a proscribed terrorist group does not prevent the Government from engaging with HTS in the future," UK Prime Minister Keir Starmer's spokesman said on Tuesday.
A deportation offensive would likely focus on convicted criminals or people with little to no legal recognition. But even people already granted asylum in Europe could in theory have their status removed. This would require changes "of a significant nature", said Mr de Keersmaecker, the EU commission spokesman.
In Germany "that is only the case when the state of persecution has permanently changed and no longer exists, so that people returning no longer face any dangers," said Hans Vorlaender, a political scientist the head of an expert council on integration.
"If the situation in Syria does stabilise itself and people can live safely there, that will also influence the number of asylum applications and returns, because many will want to return to their home country. But it remains to be seen how the situation will develop."
Officials in Germany said a report on which asylum decisions are based will be updated "once the dust has settled" in Damascus. Austria, Britain, France, Belgium, the Netherlands, Switzerland, Denmark, Sweden and Norway announced similar moves to press pause on asylum.
"The European countries who wanted before to consider Syria as safe should now look at this new reality for Syria and wait until we know what's going to happen next in terms of the governance of Syria, and whether there will be a real political transition happening soon," Ms Ahmed said.
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
On sale: Now
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
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%3Cp%3E%3Cstrong%3EEnablers%20of%20digital%20services%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Crowdfunding%3Cbr%3E%E2%80%A2%20Banking-as-a-service%3Cbr%3E%E2%80%A2%20Banking%20identification%20number%20sponsors%3Cbr%3E%E2%80%A2%20Issuers%2Fprocessors%3Cbr%3E%E2%80%A2%20Programme%20managers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDigital%20issuance%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Alternative%20lending%3Cbr%3E%E2%80%A2%20Personal%20financial%20management%3Cbr%3E%E2%80%A2%20Money%20transfer%20and%20remittance%3Cbr%3E%E2%80%A2%20Digital%20banking%20(neo%20banks)%3Cbr%3E%E2%80%A2%20Digital%20wallets%2C%20peer-to-peer%20and%20transfers%3Cbr%3E%E2%80%A2%20Employee%20benefits%3Cbr%3E%E2%80%A2%20Payables%3Cbr%3E%E2%80%A2%20Corporate%20cards%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EValue-add%20for%20merchants%2Fconsumers%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Data%20and%20analytics%3Cbr%3E%E2%80%A2%20ID%2C%20authentication%20and%20security%3Cbr%3E%E2%80%A2%20Insurance%20technology%3Cbr%3E%E2%80%A2%20Loyalty%3Cbr%3E%E2%80%A2%20Merchant%20services%20and%20tools%3Cbr%3E%E2%80%A2%20Process%20and%20payment%20infrastructure%3Cbr%3E%E2%80%A2%20Retail%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESME%20recovery%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Money%20movement%3Cbr%3E%E2%80%A2%20Acceptance%3Cbr%3E%E2%80%A2%20Risk%20management%3Cbr%3E%E2%80%A2%20Brand%20management%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ENew%20categories%20for%202023%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Sustainable%20FinTechs%3Cbr%3E%E2%80%A2%20Risk%3Cbr%3E%E2%80%A2%20Urban%20mobility%3C%2Fp%3E%0A
The Bio
Favourite place in UAE: Al Rams pearling village
What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft
Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans
Best time to swim in the sea: When there is enough light to see beneath the surface
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The past winners
2009 - Sebastian Vettel (Red Bull)
2010 - Sebastian Vettel (Red Bull)
2011 - Lewis Hamilton (McLaren)
2012 - Kimi Raikkonen (Lotus)
2013 - Sebastian Vettel (Red Bull)
2014 - Lewis Hamilton (Mercedes)
2015 - Nico Rosberg (Mercedes)
2016 - Lewis Hamilton (Mercedes)
2017 - Valtteri Bottas (Mercedes)
Match info
Liverpool 3
Hoedt (10' og), Matip (21'), Salah (45 3')
Southampton 0
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
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.”
Company profile
Name: Thndr
Started: October 2020
Founders: Ahmad Hammouda and Seif Amr
Based: Cairo, Egypt
Sector: FinTech
Initial investment: pre-seed of $800,000
Funding stage: series A; $20 million
Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC, Rabacap and MSA Capital