Live updates: Follow the latest on Israel-Gaza
“There are two goals for the museum,” said Khalil Bazzal, 57, the director of the Museum of Jihad, Hezbollah's latest showpiece. “The first is for our public to see our achievements.
“The second is to intimidate our enemy, to show them that our children are now playing with the weapons they [Israel] once committed massacres with."
Nestled on a hill facing the historic city of Baalbek, the birthplace of the Iran-backed group in north-east Lebanon, a new museum showcases an extensive collection of about 100 weapons.
These are war “spoils", captured by the Iran-backed group during Israel's military occupation of Lebanon, which ended in 2000, and more recently in its campaign in Syria in support of President Bashar Al Assad's regime.
British, US, French and Soviet tanks can be found among the collection.
According to Mr Bazzal, the Shiite group used most of the tanks displayed during the Syria war. Neatly arranged next to each other, the military vehicles, now obsolete, look new.
“They have been repainted for the occasion,” Mr Bazzal said.
The museum also showcases a “made in Lebanon” collection, Mr Bazzal proudly said, which includes the famous “kamikaze” drone. He added that more modern models are now used in southern Lebanon, where the exchange of strikes between Hezbollah and the Israeli army have been intensifying.
Since October 8, Hezbollah has been fighting at the border in support of its Palestinian ally, Hamas, the group Israel has vowed to destroy after its unprecedented attack on southern Israel the previous day resulting in about 1,200 deaths.
Israel's devastating military campaign in Gaza that followed has killed more than 36,200 people in Gaza, pushing the enclave to the brink of famine.
As the war continues, this display of strength in Baalbek sends a different message. “All the weapons are functional but we're no longer using them,” Mr Bazzal said.
“This is because we have much better ones now,” he added with a smile.
Israel and Hezbollah have escalated their attacks in recent weeks. Israel has repeatedly warned of a full-scale war in Lebanon if Hezbollah does not withdraw from the border.
Restoring safety at the frontier has become a pressing issue for Israel. It believes the tens of thousands of people displaced from northern Israel will be unable to return home if Hezbollah, a stronger force than Hamas, maintains its position near the border separating the two countries.
It is not only Israelis who have been displaced by the fighting.
Violence on the Lebanese side of the border has forced about 100,000 residents to flee. At least 440 people have been killed in Lebanon, mostly militants but also 84 civilians, according to an AFP tally.
Israel says 14 soldiers and 11 civilians have been killed on its side of the border.
While the majority of the strikes have been limited to the border area, following the so-called rules of engagement, a tacit set of regulations meant to limit escalation, they have at times reached deeper inside Lebanon.
A public space
Mr Bazzal said the museum, which opened in August just before the war started, had been welcoming hundreds of visitors a day. At weekends, thousands show up, with families and children playing on the tanks and climbing on the armoured vehicles.
But visitor numbers have decreased considerably since the onset of the war.
The sun beating down on the perfectly manicured lawn amid the sound of birds gives a deceiving impression of calm: Baalbek, about 75km north of the Israel-Lebanon border, has been hit several times in the past couple of months. Israel targeted the region about 10 days before The National visited the museum.
Hezbollah's older Museum of Resistance, in Mleeta, about 24km from the border, had to close for safety reasons. But the newer museum has kept its doors open.
“We're not afraid”, said Hassan Abbas El Masri, 15, who is visiting for the second time. The museum, where entry is free, is seen as a space for socialising within the group's community.
“It's good to know the history of the party,” he added, as he looked at a timeline of Hezbollah's history, spanning from Israel's invasion of Beirut in 1982 to the removal of the ISIS from Lebanon in 2017.
The teenager and his friends are exploring another section of the museum, which features a timeline celebrating key victories in the party's history with videos showing footage of previous attacks on Israel.
Hezbollah, founded by Shiite cleric Abbas Al Musawi, emerged in the early 1980s during the 15-year Lebanese civil war with the help of Iran's Islamic Revolutionary Guard Corps (IRGC), and gained popularity as a resistance movement against the Israeli occupation of southern Lebanon. Hezbollah operates today as both a powerful political party, holding 13 seats in the Lebanese Parliament, and a powerful militant organisation, becoming one the world’s most heavily armed non-state actors.
“The aim of the museum is to shape the narrative,” Mr Bazzal said.
But in polarised Lebanon, Hezbollah, the only militia that did not disarm at the end of the civil war, is a subject of heated controversy. Critics accuse the group of undermining the state with its large arsenal, which is believed to be more powerful than the national army.
With no end in sight to the war in Gaza, some now fear the group will drag Lebanon into a wider conflict, despite a state-level decision to maintain peace in a country where most people oppose the prospects of another war with Israel.
French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Singham Again
Director: Rohit Shetty
Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone
Rating: 3/5
PROFILE
Name: Enhance Fitness
Year started: 2018
Based: UAE
Employees: 200
Amount raised: $3m
Investors: Global Ventures and angel investors
MATCH INFO
Barcelona 4 (Messi 23' pen, 45 1', 48', Busquets 85')
Celta Vigo 1 (Olaza 42')
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.”
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
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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UAE currency: the story behind the money in your pockets
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The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
The drill
Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.
Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”
Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”
Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.”
UJDA CHAMAN
Produced: Panorama Studios International
Directed: Abhishek Pathak
Cast: Sunny Singh, Maanvi Gagroo, Grusha Kapoor, Saurabh Shukla
Rating: 3.5 /5 stars
More from Neighbourhood Watch:
UAE currency: the story behind the money in your pockets
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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
Kathryn Hawkes of House of Hawkes on being a good guest (because we’ve all had bad ones)
- Arrive with a thank you gift, or make sure you have one for your host by the time you leave.
- Offer to buy groceries, cook them a meal or take your hosts out for dinner.
- Help out around the house.
- Entertain yourself so that your hosts don’t feel that they constantly need to.
- Leave no trace of your stay – if you’ve borrowed a book, return it to where you found it.
- Offer to strip the bed before you go.
ABU%20DHABI'S%20KEY%20TOURISM%20GOALS%3A%20BY%20THE%20NUMBERS
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Tailors and retailers miss out on back-to-school rush
Tailors and retailers across the city said it was an ominous start to what is usually a busy season for sales.
With many parents opting to continue home learning for their children, the usual rush to buy school uniforms was muted this year.
“So far we have taken about 70 to 80 orders for items like shirts and trousers,” said Vikram Attrai, manager at Stallion Bespoke Tailors in Dubai.
“Last year in the same period we had about 200 orders and lots of demand.
“We custom fit uniform pieces and use materials such as cotton, wool and cashmere.
“Depending on size, a white shirt with logo is priced at about Dh100 to Dh150 and shorts, trousers, skirts and dresses cost between Dh150 to Dh250 a piece.”
A spokesman for Threads, a uniform shop based in Times Square Centre Dubai, said customer footfall had slowed down dramatically over the past few months.
“Now parents have the option to keep children doing online learning they don’t need uniforms so it has quietened down.”
TOURNAMENT INFO
2018 ICC World Twenty20 Asian Western Regional Qualifier
The top three teams progress to the Asia Qualifier
Thursday results
UAE beat Kuwait by 86 runs
Qatar beat Bahrain by five wickets
Saudi Arabia beat Maldives by 35 runs
Friday fixtures
10am, third-place playoff – Saudi Arabia v Kuwait
3pm, final – UAE v Qatar
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Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
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