On Tuesday, the White House released Donald Trump’s executive order to build an “Iron Dome for America” missile defence shield.
If the highly ambitious project stays true to the wording in Mr Trump’s directive, US allies in the Middle East could benefit from the “dome” because the order says associated systems will protect “allied territories, troops, and populations”, including those countries where US forces are stationed.
Mr Trump’s “next-generation missile defence shield” will involve a mix of technology that sounds like science fiction, equipment already in orbit and on the ground, as well as some technology that is decades old.
What is Trump's Iron Dome?
But what exactly has Mr Trump called for? Firstly, the term Iron Dome is misleading. The Israeli system is used for short-range air defence, to intercept rockets and drones at altitudes and distances up to 70 kilometres, but more often at close range.
Mr Trump's reference to reviving the Ronald Reagan-era Star Wars programme, technically the Strategic Defence Initiative, is more accurate, referring to defending America from the “catastrophic” threat of “ballistic missiles,” which, fired from many thousands of kilometres away, descend from space at thousands of kilometres an hour.
The US Minuteman III Intercontinental Ballistic Missile (ICBM) for example, reaches speeds of 24,000 kilometres an hour on its descent, although this slows considerably once back in the Earth’s atmosphere.
Star Wars was, Mr Reagan promised, “a vision of the future,” that would give Americans “hope” that the Soviet Union’s arsenal of tens of thousands of nuclear missiles could be blunted with space-based lasers or missiles.
“Current technology has attained a level of sophistication where it’s reasonable for us to begin this effort. It will take years, probably decades of effort,” Mr Reagan said, announcing the plan in 1983.
But the budget, initially put as high as $1 trillion or more, eventually withered by the 1990s, after a growing chorus of scientists said much of the technology was far off, while the US's main nuclear adversary, the Soviet Union, collapsed.
Mr Trump’s order says the Reagan effort “was cancelled before it could be realised,” warning that “the threat of attack by ballistic, hypersonic, and cruise missiles, and other advanced aerial attacks, remains the most catastrophic threat facing the United States.”
A clear danger for US planners would be China, with a rapidly growing arsenal of several hundred nuclear weapons. The US and Russia both have roughly 1,700 deployed nuclear weapons, similar numbers because of nuclear disarmament treaties which are now fraying. Both have several thousand such weapons in reserve.
There were thought to be about 70,000 nuclear weapons in the mid-80s, enough to destroy the world several times over. But experts warn even a war where several hundred were used could cause global environmental damage and kill millions.
Mr Trump mentions “rogue adversaries,” almost certainly North Korea, which has nuclear-capable missiles thought to be able to hit the US mainland, and Iran, which the UN says could be capable of developing a nuclear bomb.
Space Force boosted
Much of the technology mentioned in Mr Trump’s executive order already exists, albeit in an early stage. It calls for the “development and deployment of a custody layer of the Proliferated Warfighter Space Architecture.”
PWSA is, according to the US Department of Defence, a “network of hundreds of optically connected satellites,” that will be able to track hypersonic missiles and aircraft, as well as support forces on the ground spotting enemies in far-flung locations and guiding attacks against them. About 27 of a projected 500 are already in space, although testing of their laser communications systems is ongoing.
This might cover Mr Trump’s call to defend against “advanced cruise missiles.” The latter could be Russia’s in-development Burevestnik, a nuclear-powered cruise missile said to have unlimited range. The advantage of such a weapon is that, unlike ballistic missiles that can be spotted far from the mainland by radar beams pointing high above Earth, cruise missiles can fly under the radar horizon, close to the ground, making detection difficult until the last minute.
But 54 satellites in a “tracking layer,” could – according to the Space Development Agency, a part of Space Force – track these low flying weapons almost anywhere.
That would include the Middle East because, the order says, “the Secretary of Defence shall direct a review of theatre missile defence posture and initiatives to identify ways in which the United States and its allies can … Improve theatre missile defences of forward-deployed United States troops and allied territories, troops, and populations.”
To an extent, this is already the case. A constellation of satellites high above Earth, the Space Based Infrared System (SBIRS) detected Iranian missile launches in 2020, giving early warning to US forces under attack, and last year, helped defend Israel during two Iranian ballistic missile attacks.
SBIRS, which is undergoing an upgrade, can track and identify missile types, as well as giving an estimated impact point, within seconds.
Stopping the smaller “theatre ballistic missiles,” used against Israel is the job of the US Aegis system, THAAD and Israel’s Arrow, but stopping the much faster ICBMs is a tougher task.
Warheads on ICBMs – sometimes several are carried for each weapon – are extremely hard to shoot down with other missiles, although in 2020 the US Aegis Ballistic Missile Defence system intercepted a target representing an ICBM.
The US already has the Ground-based Midcourse Defence system, which is claimed to be able to offer “limited” protection for the US and Canada against ICBMs, coordinating with early warning satellites.
Mr Trump’s vision would boost this capability with “proliferated space-based interceptors.” It’s not clear what this means, but could refer to reviving a project like Brilliant Pebbles, a 1980s plan to send over 1,500 satellites into space which could then launch interceptors to crash into Soviet nuclear missiles not long after their launch.
Mr Trump’s plan also references “non-kinetic” capabilities, which could be a reference to cyber attacks to disrupt missile launches, or even sabotage operations within enemy states like North Korea.
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Company%20profile
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A Prayer Before Dawn
Director: Jean-Stephane Sauvaire
Starring: Joe Cole, Somluck Kamsing, Panya Yimmumphai
Three stars
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
If you go...
Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.
Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50
RedCrow Intelligence Company Profile
Started: 2016
Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel
Based: Ramallah, Palestine
Sector: Technology, Security
# of staff: 13
Investment: $745,000
Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
EMIRATES'S%20REVISED%20A350%20DEPLOYMENT%20SCHEDULE
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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.”
More from Rashmee Roshan Lall
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
Info
What: 11th edition of the Mubadala World Tennis Championship
When: December 27-29, 2018
Confirmed: men: Novak Djokovic, Rafael Nadal, Kevin Anderson, Dominic Thiem, Hyeon Chung, Karen Khachanov; women: Venus Williams
Tickets: www.ticketmaster.ae, Virgin megastores or call 800 86 823
TEACHERS' PAY - WHAT YOU NEED TO KNOW
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
EXPATS
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COMPANY%20PROFILE%20
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MATCH INFO
Champions League quarter-final, first leg
Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)
Matches can be watched on BeIN Sports
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Profile of Bitex UAE
Date of launch: November 2018
Founder: Monark Modi
Based: Business Bay, Dubai
Sector: Financial services
Size: Eight employees
Investors: Self-funded to date with $1m of personal savings
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less