People protesting outside police headquarters in the centre of Suweida city, south-western Syria, on Monday. AFP
People protesting outside police headquarters in the centre of Suweida city, south-western Syria, on Monday. AFP
People protesting outside police headquarters in the centre of Suweida city, south-western Syria, on Monday. AFP
People protesting outside police headquarters in the centre of Suweida city, south-western Syria, on Monday. AFP

Syria holds election for pro-Assad parliament amid boycott in south


Khaled Yacoub Oweis
  • English
  • Arabic

Syria held parliamentary elections on Monday amid a continuing economic slide after 13 years of civil war and further protests against President Bashar Al Assad in the southern province of Suweida.

Elections to the 250-member People's Assembly, held every four years, are seen mainly as an indicator of power shifts among political players in a system dominated by the Assad family since 1970.

The largely loyalist legislature has been controlled by the president's Baath party since a 1963 coup. Mr Al Assad succeeded his father, the late Hafez Al Assad, in 2000.

This year’s poll was marked by a boycott in Suweida, a province near the border with Jordan which is largely inhabited by members of the Druze minority.

Suhail Theiban, a prominent civil figure in Suweida, said a man in his 70s was severely wounded in the main square of Suweida city after security forces opened fire on a crowd gathered to protest against the election.

The man was a bystander who was hit when intelligence personnel opened fire from a nearby security compound, Mr Theiban, who was at the demonstration, told The National.

He said the protest continued and security forces withdrew armoured vehicles stationed near the square.

"The elections boycott has been widespread. The people of Suweida recognise that this regime has destroyed the country," he said.

State security personnel watch as people protest outside the police headquarters in Syria's Suweida province during a boycott of parliamentary elections held on July 15, 2024. Suwayda24 / AFP
State security personnel watch as people protest outside the police headquarters in Syria's Suweida province during a boycott of parliamentary elections held on July 15, 2024. Suwayda24 / AFP

Security forces have largely avoided direct fire on the protesters in Suweida, who have been holding demonstrations demanding the removal of Mr Al Assad since August last year.

The parliamentary election is seen as an important tool to project political legitimacy in the system where all the power is in the hands of Mr Al Assad and his inner circle, foremost among them his brother Maher, who heads the core of the Praetorian Guards.

The "Syrian state, always and forever, respects constitutional obligations", Prime Minister Hussein Arnous was quoted as saying by official media on Monday.

He said Syria was on the verge of a reconstruction phase and that the new parliament would have “huge tasks” in this regard.

Syria's economy and infrastructure have been devastated by the civil war that began in 2011 after the security forces, dominated by members of the President's Alawite sect, suppressed a peaceful, pro-democracy protest movement. The violent crackdown sparked an armed revolt spearheaded by members of the majority Sunni sect.

The country has fragmented into zones dominated variously by Iran, Russia, Turkey and the US, although the balance has tilted in favour of Moscow. Russia's military intervention in 2015 returned large areas of territory to the control of Mr Al Assad's forces and to the Iranian-backed militias that have been crucial to his survival.

Since 2011, new figures have entered parliament from among profiteers and operators of illegal activities associated with the war, such as protection rackets and the smuggling of people and goods, as well as figures associated with Iran and Russia.

The authorities have kept in place decades-long regulations that de facto reserve two thirds of the seats for candidates of the Baath party and the National Progressive Front, a largely moribund constellation of loyalist political groups headed by the Baathists.

A report by Jusoor Centre for Studies, an anti-Assad Syrian think tank based in Istanbul, said the authorities have allowed more members of the old moneyed classes to stand in the current elections, in contrast to the new class of business people who have entered politics in the past decade.

People directly connected to pro-regime militias also appear to be running this time, the centre said in a report.

The general economic picture, however, has been deteriorating, despite the reducing isolation of the regime since resumption of ties with most Arab countries last year.

According to a report by the World Bank published in May, Syria’s economy contracted by 84 per cent between 2010 and 2023. It is expected to contract 1.2 per cent this year, compared with 1.5 per cent in 2023, the report said.

Inflation is expected to rise to 99.7 per cent this year, compared with 92.3 per cent in 2023, it said.

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If you go

The flights
Etihad (etihad.com) flies from Abu Dhabi to Luang Prabang via Bangkok, with a return flight from Chiang Rai via Bangkok for about Dh3,000, including taxes. Emirates and Thai Airways cover the same route, also via Bangkok in both directions, from about Dh2,700.
The cruise
The Gypsy by Mekong Kingdoms has two cruising options: a three-night, four-day trip upstream cruise or a two-night, three-day downstream journey, from US$5,940 (Dh21,814), including meals, selected drinks, excursions and transfers.
The hotels
Accommodation is available in Luang Prabang at the Avani, from $290 (Dh1,065) per night, and at Anantara Golden Triangle Elephant Camp and Resort from $1,080 (Dh3,967) per night, including meals, an activity and transfers.

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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.”

It's up to you to go green

Nils El Accad, chief executive and owner of Organic Foods and Café, says going green is about “lifestyle and attitude” rather than a “money change”; people need to plan ahead to fill water bottles in advance and take their own bags to the supermarket, he says.

“People always want someone else to do the work; it doesn’t work like that,” he adds. “The first step: you have to consciously make that decision and change.”

When he gets a takeaway, says Mr El Accad, he takes his own glass jars instead of accepting disposable aluminium containers, paper napkins and plastic tubs, cutlery and bags from restaurants.

He also plants his own crops and herbs at home and at the Sheikh Zayed store, from basil and rosemary to beans, squashes and papayas. “If you’re going to water anything, better it be tomatoes and cucumbers, something edible, than grass,” he says.

“All this throwaway plastic - cups, bottles, forks - has to go first,” says Mr El Accad, who has banned all disposable straws, whether plastic or even paper, from the café chain.

One of the latest changes he has implemented at his stores is to offer refills of liquid laundry detergent, to save plastic. The two brands Organic Foods stocks, Organic Larder and Sonnett, are both “triple-certified - you could eat the product”.  

The Organic Larder detergent will soon be delivered in 200-litre metal oil drums before being decanted into 20-litre containers in-store.

Customers can refill their bottles at least 30 times before they start to degrade, he says. Organic Larder costs Dh35.75 for one litre and Dh62 for 2.75 litres and refills will cost 15 to 20 per cent less, Mr El Accad says.

But while there are savings to be had, going green tends to come with upfront costs and extra work and planning. Are we ready to refill bottles rather than throw them away? “You have to change,” says Mr El Accad. “I can only make it available.”

Updated: July 15, 2024, 3:33 PM