Visitors in al-Hamidiyeh market in Damascus. AFP
Visitors in al-Hamidiyeh market in Damascus. AFP
Visitors in al-Hamidiyeh market in Damascus. AFP
Visitors in al-Hamidiyeh market in Damascus. AFP

Gulf countries urge the lifting of sanctions on Syria


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Gulf countries on Thursday urged the lifting of international sanctions on Syria as the new administration in Damascus that replaced the former regime seeks to assert its authority.

The call was issued at the end of an extraordinary meeting for the ministers of foreign affairs of the Gulf Co-operation Council in Kuwait to discuss recent developments in Syria and Lebanon.

The US, the EU, Canada and other countries imposed severe sanctions against the regime of former president Bashar Al Assad in response to his violent crackdown on protests from 2011 onwards and actions in the ensuing civil war. Some western sanctions date back even further, to when Mr Al Assad's father Hafez was in power.

Countries are now considering when to lift restrictions after Hayat Tahrir Al Sham (HTS) led a rebel advance that ended decades of rule by the Assad family. Complicating the matter is HTS's designation as a terror group by the US, UN and other entities.

"To empower Syria economically, the Ministerial Council called for lifting sanctions on it, and called on all partners, countries and concerned organisations to provide all means of support to the brotherly Syrian people," the six Gulf countries said in a statement after the meeting.

The US has imposed sanctions on 718 people and entities in connection to Syria, and the State Department has hinted that it could use those measures to encourage what it considers to be good behaviour from HTS and whatever governing body is formed to lead Syria.

Last week, discussions to possibly lift EU sanctions against Syria were under way but are unlikely to resolve soon, Germany's special envoy to Syria, Stefan Schneck, told The National.

Gulf ministers urged all parties in Syria to "launch a comprehensive national dialogue to achieve the aspirations of the brotherly Syrian people for security, stability, development, and prosperity".

They also issued a firm call for Israel to withdraw from the Syrian lands it recently occupied after taking advantage of a security vacuum following the collapse of the former regime.

“Israel's attacks on Syria and occupation of the buffer zone are a flagrant violation of international laws and Security Council resolutions,” the Secretary General of the Gulf Co-operation Council Jasem Al Budaiwi said.

Since the collapse of president Bashar Al Assad’s regime this month, Israel has bombed hundreds of weapons sites, airbases and naval assets in Syria and sent troops into a buffer zone in the occupied Golan Heights. Israeli officials have called the incursion a limited and temporary measure to ensure the security of Israel’s borders but have not indicated when the troops will be withdrawn.

“We call on the international community to stop Israel's violations and withdraw from all Syrian territories,” stressed Mr Al Budaiwi.

Last week, UN Secretary General Antonio Guterres said Israeli strikes on Syrian military infrastructure are in breach of the country’s sovereignty after Israeli Prime Minister Benjamin Netanyahu said that his country would remain inside the UN-patrolled buffer zone, established in 1974, “until another arrangement can be found that guarantees Israel’s security”.

Israel now appears to be gearing up for an open-ended occupation of the Syrian territory it invaded, with senior officials hinting that long-term military control of the area is vital for national security.

National flags of Gulf Co-operation Council countries in Mubarakiya Market, Kuwait City. The GCC has called for Israel's withdrawal from Syrian lands. Reuters
National flags of Gulf Co-operation Council countries in Mubarakiya Market, Kuwait City. The GCC has called for Israel's withdrawal from Syrian lands. Reuters

Israeli Deputy Foreign Minister Sharren Haskel described Hayat Tahrir Al Sham leader Ahmad Al Shara, whose troops led the overthrow of Mr Al Assad, as “a wolf in [sheep’s] clothing”, in some of the most direct comments yet from the Israeli government about Syria’s new leadership.

HTS was formerly affiliated with Al Qaeda and is designated as a terrorist organisation by the UN and many governments. Despite statements from its leadership suggesting the group does not want to fight Israeli troops, concerns remain high in Israel that post-Assad chaos in Syria could lead to the emergence of a destabilising government on its borders.

The rebel group has been trying to consolidate its power since the takeover of Damascus on December 8 and has announced plans to form an inclusive administration.

“National reconciliation must be achieved in Syria,” said Mr Al Budaiwi.

In Lebanon, Israel has been accused of violating a truce agreement with Iran's backed militant group Hezbollah since it came into force in November. It is supposed to transition into a permanent ceasefire on January 26, but Israel’s violations continue to hinder the process despite the presence of an overseeing committee led by the US.

On Thursday, the Lebanese army said that “Israeli enemy forces penetrated several points in the areas of Qantara, Adshit Al Qusayr, and Wadi Al Hujayr” in southern Lebanon.

“We condemn the dangerous Israeli attacks on Lebanon,” said Mr Al Budaiwi.

In their statement, the Gulf ministers called for "holding presidential elections as soon as possible" in Lebanon.

Lebanon has been without a president since October 2022. The US, France and other countries have been calling for the election of a new head of state to avoid a power vacuum and help stabilise the country's political life. US envoy Amos Hochstein, who mediated the ceasefire talks between Hezbollah and Israel, said that the election of the president is vital for Lebanon.

If you go

Flights

Emirates flies from Dubai to Phnom Penh with a stop in Yangon from Dh3,075, and Etihad flies from Abu Dhabi to Phnom Penh with its partner Bangkok Airlines from Dh2,763. These trips take about nine hours each and both include taxes. From there, a road transfer takes at least four hours; airlines including KC Airlines (www.kcairlines.com) offer quick connecting flights from Phnom Penh to Sihanoukville from about $100 (Dh367) return including taxes. Air Asia, Malindo Air and Malaysian Airlines fly direct from Kuala Lumpur to Sihanoukville from $54 each way. Next year, direct flights are due to launch between Bangkok and Sihanoukville, which will cut the journey time by a third.

The stay

Rooms at Alila Villas Koh Russey (www.alilahotels.com/ kohrussey) cost from $385 per night including taxes.

Dubai World Cup factbox

Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)

Most wins by a jockey: Jerry Bailey(4)

Most wins by an owner: Godolphin(9)

Most wins by a horse: Godolphin’s Thunder Snow(2)

Wenger's Arsenal reign in numbers

1,228 - games at the helm, ahead of Sunday's Premier League fixture against West Ham United.
704 - wins to date as Arsenal manager.
3 - Premier League title wins, the last during an unbeaten Invincibles campaign of 2003/04.
1,549 - goals scored in Premier League matches by Wenger's teams.
10 - major trophies won.
473 - Premier League victories.
7 - FA Cup triumphs, with three of those having come the last four seasons.
151 - Premier League losses.
21 - full seasons in charge.
49 - games unbeaten in the Premier League from May 2003 to October 2004.

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.”

LILO & STITCH

Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5

'Panga'

Directed by Ashwiny Iyer Tiwari

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In the box: iPad mini, USB-C cable, 20W USB-C power adapter

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The specs

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Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

No more lice

Defining head lice

Pediculus humanus capitis are tiny wingless insects that feed on blood from the human scalp. The adult head louse is up to 3mm long, has six legs, and is tan to greyish-white in colour. The female lives up to four weeks and, once mature, can lay up to 10 eggs per day. These tiny nits firmly attach to the base of the hair shaft, get incubated by body heat and hatch in eight days or so.

Identifying lice

Lice can be identified by itching or a tickling sensation of something moving within the hair. One can confirm that a person has lice by looking closely through the hair and scalp for nits, nymphs or lice. Head lice are most frequently located behind the ears and near the neckline.

Treating lice at home

Head lice must be treated as soon as they are spotted. Start by checking everyone in the family for them, then follow these steps. Remove and wash all clothing and bedding with hot water. Apply medicine according to the label instructions. If some live lice are still found eight to 12 hours after treatment, but are moving more slowly than before, do not re-treat. Comb dead and remaining live lice out of the hair using a fine-toothed comb.
After the initial treatment, check for, comb and remove nits and lice from hair every two to three days. Soak combs and brushes in hot water for 10 minutes.Vacuum the floor and furniture, particularly where the infested person sat or lay.

Courtesy Dr Vishal Rajmal Mehta, specialist paediatrics, RAK Hospital

Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5

Updated: December 26, 2024, 3:40 PM