Nine killed and thousands injured by pager explosions across Lebanon


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Lebanon's Hezbollah said it held Israel fully responsible for Tuesday's "sinful attack" that injured nearly three thousand people and killed at least nine, including a child, when thousands of pagers simultaneously detonated across Lebanon.

“A number of message-receiving devices known as 'pagers' and carried by a number of people in various Hezbollah units and institutions exploded,” the powerful Lebanese group said.

"After examining the facts, current data and available information ... We hold the Israeli enemy fully responsible for the criminal aggression that also targeted civilians and led to the martyrdom of a number of people and the injury of a large number with various injuries," Hezbollah said.

Lebanon's Health Minister said that more than 2,800 people were injured and eight killed in the pager bombings across Lebanon. At least 200 of the injuries are critical, he said.

A Lebanese army soldier gestures to an ambulance rushing wounded people to a hospital in Beirut. Thousands of people were wounded when Hezbollah members' devices exploded simultaneously on Tuesday. AFP
A Lebanese army soldier gestures to an ambulance rushing wounded people to a hospital in Beirut. Thousands of people were wounded when Hezbollah members' devices exploded simultaneously on Tuesday. AFP

Among those injured – mostly Hezbollah fighters, security sources confirmed to The National – was Iran’s ambassador to Lebanon, Mojtaba Amani. The Iranian embassy said his wounds were superficial and that he was in good condition.

The detonations occurred shortly after Israel’s Shin Bet security service announced it foiled a Hezbollah plot to assassinate an Israeli former security official using a remote-detonated bomb.

Images on social media showed people in the southern Beirut suburb of Dahieh lying in blood, some with charred and mangled pagers nearby.

In Beirut, the sound of wailing ambulance sirens echoed through the city hours after the attack.

Many of Lebanon's residents flocked to hospitals to donate blood. A blood donor at the Maqassed hospital in Tariq Jdeedeh told The National that “at least 50 wounded are being treated here. Most injuries are in the eyes, or broken arms and legs, some people are missing fingers … It’s chaos.”

In the Geitawi Hospital, an emergency team rushed into the emergency entrance carrying a man on a stretcher, his head covered in blood and white gauze. The man was one of at least seven critically wounded people currently being treated at that hospital.

Medics collect blood donations in Beirut's southern suburb. AFP
Medics collect blood donations in Beirut's southern suburb. AFP

“They are all currently undergoing surgery,” medical director Naji Abi Rached told The National, adding that he could not yet comment on their prognosis. “And we are ready to receive more wounded,” he added.

The Health Ministry asked hospitals across the country to prepare themselves “to meet the urgent need for emergency health services”. It requested that health workers head to hospitals “urgently”.

Lebanese citizens were urged by the Internal Security Services to clear roads as rescue services treated and evacuated the injured.

The Lebanese Red Cross said more than 30 of its ambulances were being used throughout the country and that 50 additional ambulances had been put on high alert. The ministry also called on all citizens to stay clear of mobile devices for their safety following the incident.

Hezbollah leader Hassan Nasrallah in February asked residents of south Lebanon to stop using mobile devices and CCTV, as Israeli intelligence services could hack them. It is thought the Lebanese group's use of pagers is an attempt to limit communication that could be exploited by Israel because cell phones can be used to track a user's location.

The United States said it was not involved in nor aware of the pagers detonations that targeted Hezbollah and urged Iran and its allies not to escalate.

“I can tell you that the US was not involved in it, the US was not aware of this incident in advance and, at this point, we’re gathering information,” State Department spokesman Matthew Miller told reporters.

"We would urge Iran not to take advantage of any incident to try to add further instability and to further increase tensions in the region," he added.

Hanin Ghaddar, a senior fellow at The Washington Institute for Near East Policy called the pager attack “totally unprecedented.”

Ms Ghaddar surmised that Israel, who have not claimed responsibility for the string of explosions yet, must have infiltrated the Lebanese militant group’s supply chain somehow.

“Definitely, there was an interception, they intercepted the supply chain, they intercepted the shipment, they added the explosive component to it, and they waited for the right moment,” Ms Ghaddar told The National.

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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.”

Updated: September 18, 2024, 7:09 AM