Families displaced by the advances of the paramilitary Rapid Support Forces in Sudan's El Gezira and Sennar states sheltering in a camp at Kassala state, Sudan. Reuters
Families displaced by the advances of the paramilitary Rapid Support Forces in Sudan's El Gezira and Sennar states sheltering in a camp at Kassala state, Sudan. Reuters
Families displaced by the advances of the paramilitary Rapid Support Forces in Sudan's El Gezira and Sennar states sheltering in a camp at Kassala state, Sudan. Reuters
Families displaced by the advances of the paramilitary Rapid Support Forces in Sudan's El Gezira and Sennar states sheltering in a camp at Kassala state, Sudan. Reuters

Sudan's government says consultations with the US ended without agreement


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Talks between representatives of Sudan's army-backed government and US officials have ended without agreement on whether the military would participate in ceasefire negotiations, due later this week in Geneva, the chief of the Sudanese delegation said on Sunday.

The consultations, held in Jeddah, Saudi Arabia, were requested by the Sudanese government. Their inconclusive end was announced by the head of the Sudanese delegation, Minerals Minister Mohammed Abu Nimo.

“The matter of Sudan's participation is now left to the leadership [army chief Gen Abdel Fattah Al Burhan] and its assessment,” said Mr Abu Nimo in a statement. “There certainly are many details that prompted us to decide to end the consultations without an agreement.”

He did not identify the differences that led to the inconclusive end of the negotiations. There has also been no word yet from Gen Al Burhan on whether he would send a delegation to the talks in Switzerland, which are scheduled to begin on August 14. The US has not commented on the end of the consultations.

The paramilitary Rapid Support Forces, which has been fighting the Sudanese Armed Forces in a ruinous civil war since April 2023, have said they would participate.

The RSF are led by Gen Al Burhan's former ally, Gen Mohamed Dagalo.

Families displaced by advances made by the paramilitary Rapid Support Forces in El Gezira and Sennar states shelter at the Omar ibn Al Khattab displacement site in Kassala state. Reuters
Families displaced by advances made by the paramilitary Rapid Support Forces in El Gezira and Sennar states shelter at the Omar ibn Al Khattab displacement site in Kassala state. Reuters

Besides the US, the negotiations were to include delegates from Saudi Arabia, the UAE, Egypt, the African Union and the United Nations. The eight-nation regional group known as IGAD, the Intergovernmental Authority on Development, was also expected to participate.

The war in Sudan broke out when weeks of tension between the army and the RSF over their future in a hoped-for democratic Sudan boiled over into violence, with fighting engulfing the capital Khartoum as well as western and southern Sudan.

Millions in Sudan now face hunger with famine declared in a large camp for the displaced in the western region of Darfur. At least 10 million people, nearly 20 per cent of the country's population, have been displaced by the fighting.

Both the army and the RSF are accused of war crimes, with the paramilitary facing charges of ethnically-motivated attacks in Darfur and sexual assault. The army is accused of killing hundreds of civilians in air strikes targeting RSF positions located in populated areas.

The US and Saudi Arabia mediated ceasefire talks in Jeddah during the early days of the war, leading to a string of truces that proved short-lived or were completely ignored.

The army has since rejected several invitations from the mediators to resume the talks, insisting that the RSF must first vacate private homes and state installations they have occupied since the start of the war.

Sources close to the consultations in Jeddah said the government's representatives rejected a US request that it send a delegation headed by a senior army commander to this week's talks.

Another point of contention was the Sudanese delegation's request that IGAD be excluded from the process, they added.

The army has accused the bloc, whose eight members are drawn from East and the Horn of Africa as well as the Great Lakes regions, of bias towards the RSF.

Gen Al Burhan has on several occasions reacted angrily to foreign parties according a semblance of legitimacy to the RSF, which he and his aides brand as mutinous and treasonous.

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Fuel economy, combined: 10.7L / 100km

Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.

  • It’s So Easy
  • Mr Brownstone
  • Chinese Democracy
  • Welcome to the Jungle
  • Double Talkin’ Jive
  • Better
  • Estranged
  • Live and Let Die (Wings cover)
  • Slither (Velvet Revolver cover)
  • Rocket Queen
  • You Could Be Mine
  • Shadow of Your Love
  • Attitude (Misfits cover)
  • Civil War
  • Coma
  • Love Theme from The Godfather (movie cover)
  • Sweet Child O’ Mine
  • Wichita Lineman (Jimmy Webb cover)
  • Wish You Were Here (instrumental Pink Floyd cover)
  • November Rain
  • Black Hole Sun (Soundgarden cover)
  • Knockin’ on Heaven’s Door (Bob Dylan cover)
  • Nightrain

Encore:

  • Patience
  • Don’t Cry
  • The Seeker (The Who cover)
  • Paradise City
How does ToTok work?

The calling app is available to download on Google Play and Apple App Store

To successfully install ToTok, users are asked to enter their phone number and then create a nickname.

The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.

Users can also invite other contacts to download ToTok to allow them to make contact through the app.

 

UAE currency: the story behind the money in your pockets
Global Fungi Facts

• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil

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'Top Gun: Maverick'

Rating: 4/5

 

Directed by: Joseph Kosinski

 

Starring: Tom Cruise, Val Kilmer, Jennifer Connelly, Jon Hamm, Miles Teller, Glen Powell, Ed Harris

 

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.”

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

Updated: August 11, 2024, 5:15 PM