Syrians wait with their belongings at the Masnaa border crossing as they prepare to enter Lebanon. EPA
Syrians wait with their belongings at the Masnaa border crossing as they prepare to enter Lebanon. EPA
Syrians wait with their belongings at the Masnaa border crossing as they prepare to enter Lebanon. EPA
Syrians wait with their belongings at the Masnaa border crossing as they prepare to enter Lebanon. EPA

Syrian army generals and security officers fled to Lebanon, sources say


Mohamad Ali Harisi
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High-ranking military and security officers and diplomats are among dozens of officials from Syria's collapsing regime who fled to Lebanon as rebels marched towards Damascus, Lebanese security sources have said.

Lebanese officials previously stated that relatives of Syrian officials, including the family of Maher Al Assad, and media figures close to Bashar Al Assad's regime have crossed into Lebanon, but have refrained from commenting on the arrival of senior military and security personnel.

“Dozens of military and security officials, including high-ranking officers and generals, have crossed into Lebanon through legal border crossings,” said a security source familiar with the list of Syrians who crossed into the neighbouring country.

“Syrian ambassadors who were in Damascus when the rebels advanced towards the city also crossed into Lebanon. Additionally, relatives of some of the most senior officials, including the son of one of Bashar Al Assad's top intelligence advisers and the wife of a former foreign minister, were among those who fled,” the source added.

“There were also media advisers and public figures. Some of them were very close to President Al Assad.”

A second security source said that “it all happened so fast, and no one was expecting things to escalate to this point”.

Lebanese politicians have been watching the collapse of the Syrian regime with a sense of anxiety. Syria invaded Lebanon in 1976 during the early years of the Lebanese civil war, maintaining an occupation and exerting substantial military and political influence for nearly 30 years before being forced out in 2005.

The Syrian regime maintained a firm grip on Lebanese affairs, infiltrating almost all facets of life. Top jobs in Lebanon would only go to allies of Damascus, and opponents risked assassination. Many of the Syrian regime officials owned properties in Lebanon.

As the rebels looked set to take over Damascus two weeks ago, Lebanon immediately closed all of its land border crossings with Syria except for a main one that links Beirut with the Syrian capital. But many illegal border crossings, especially in the north, kept running.

Trucks carrying the belongings of Syrian refugees move along a road from a camp in Arsal in eastern Lebanon on their way back to Syria. AFP
Trucks carrying the belongings of Syrian refugees move along a road from a camp in Arsal in eastern Lebanon on their way back to Syria. AFP

Security sources in Beirut told The National on Wednesday that several of the security heads who oversee the border crossings with Syria and had good relations with the Syrian regime “were replaced by others to avoid any complications”.

Hundreds of thousands of Syrians are estimated to have been killed since 2011, when forces loyal to Bashar Al Assad turned protests against his rule into a full-scale civil war. About 150,000 people remain unaccounted for as a result of the civil war, according to the International Commission on Missing Persons.

Experts have warned that there is an urgent need in Syria to protect evidence and preserve crime scenes, including mass grave sites, to ensure forensic proof and future accountability. Several of Syria's ex-army and security officials could face trial over those crimes.

One of the main Syrian regime officers responsible for Lebanese affairs and relations was Ali Mamlouk, a close confidant of Bashar Al Assad. Last week, Lebanon's caretaker Interior Minister, Bassam Mawlawi, stated that Mr Mamlouk, who is wanted in Lebanon for a 2013 bombing, is not in the country and did not enter through legal border crossings.

A security source with access to border crossing data clarified that some Syrian officials and prominent figures who entered Lebanon have already departed through legal border terminals, including the airport. However, others either remain in Lebanon or have left through illegal channels.

“No one knows who’s still in the country and who has left,” the source said.

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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.”

Pupils in Abu Dhabi are learning the importance of being active, eating well and leading a healthy lifestyle now and throughout adulthood, thanks to a newly launched programme 'Healthy Lifestyle'.

As part of the Healthy Lifestyle programme, specially trained coaches from City Football Schools, along with Healthpoint physicians have visited schools throughout Abu Dhabi to give fun and interactive lessons on working out regularly, making the right food choices, getting enough sleep and staying hydrated, just like their favourite footballers.

Organised by Manchester City FC and Healthpoint, Manchester City FC’s regional healthcare partner and part of Mubadala’s healthcare network, the ‘Healthy Lifestyle’ programme will visit 15 schools, meeting around 1,000 youngsters over the next five months.

Designed to give pupils all the information they need to improve their diet and fitness habits at home, at school and as they grow up, coaches from City Football Schools will work alongside teachers to lead the youngsters through a series of fun, creative and educational classes as well as activities, including playing football and other games.

Dr Mai Ahmed Al Jaber, head of public health at Healthpoint, said: “The programme has different aspects - diet, exercise, sleep and mental well-being. By having a focus on each of those and delivering information in a way that children can absorb easily it can help to address childhood obesity."

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Courtesy: Crystal Intelligence

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Updated: December 20, 2024, 2:55 PM