Tens of thousands of people attend Hassan Nasrallah’s funeral in Beirut


Nada Maucourant Atallah
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Tens of thousands attended the funeral of the assassinated Hezbollah leader Hassan Nasrallah on Sunday at the Camille Chamoun Sports Stadium in the Beirut suburbs, in a mass ceremony aimed at signalling strength after a 14‑month war with Israel which has left the group severely weakened.

Mr Nasrallah, who led the Iran-backed militant group for more than three decades, was killed on September 27 in a massive Israeli attack on the city amid an intense air campaign in Lebanon. The mood in the crowd swung between grief and vengefulness, with chants of “death to America, death to Israel” and “we will serve you Nasrallah” interspersed with prayers.

Weeping men and women clad in black held pictures of Mr Nasrallah and his cousin, Hashem Safieddine, who was Hezbollah's leader for one week after Mr Nasrallah's death, before also being killed by Israel. A yellow sea of Hezbollah flags stretched as far as the eye could see in the packed stadium.

“It is a very beautiful sight to see everyone gathered like this. Of course, we were very sad at the death of Sayyed Nasrallah. Israel thought it would kill us, but they do not know that our martyrs make us stronger,” Mouna Ghrabi, 40, told The National. “Today's commemoration is the greatest proof of our victory,” she added. Her house, near Nabatieh in southern Lebanon, was damaged during the war. “We all pay a price, and we are ready to pay this price for victory,” she added.

Later, the coffins of Mr Nasrallah and Mr Safieddine were paraded around the stadium before an emotional crowd that pressed forward to catch a glimpse of the revered leader, while tossing clothes at the coffin, in the belief that it would bless them.

The sound of four Israeli jets flying at very low altitude suddenly interrupted the procession – a message, according to the Israeli Defence Minister Israel Katz, that “whoever threatens to destroy Israel and attacks Israel, that will be the end of him” – and also a reminder that the Israeli army has carte blanche when it comes to accessing Lebanese airspace.

Undeterred, and indeed galvanised, the crowd continued chanting “death to Israel” towards the sky. The ceremony was followed by a funeral procession that ended at a dedicated burial site.

A charismatic leader, Mr Nasrallah was revered in Lebanon and abroad by his supporters, who lauded him for defying Israel and the US. He also faced fierce opposition in other areas of Lebanese society.

Sokaina Hashem, 32, came from Tyre, in south Lebanon, to pay tribute to Mr Nasrallah. A ribbon wrapped around her head read “we are vengeful” in both Arabic and Hebrew, “so even the Israelis know the meaning”, she said. “They tried to erase us, but no, we cannot be forgotten.”

Thousands poured into the capital from Iran, Iraq, and Yemen in the days before the ceremony. Mourners waved Lebanese, Iranian, Iraqi and Russian flags, along with the Syrian flag from the era of Bashar Al Assad's toppled regime.

A woman held a sign showing a cross next to Mr Nasrallah. “I am Christian, and he was the best in the world,” she shouted from the podium. Another woman was seen waving an Irish flag. "I came to show solidarity with the Lebanese people," she said. Arab and Lebanese political and diplomatic figures attended the funeral.

Iran's Foreign Minister Abbas Araghchi and parliament president Mohammad-Bagher Ghalibaf arrived in Beirut on Sunday morning to attend the funeral. “Today's funeral will show that the resistance and Hezbollah are alive and loyal to their cause,” Mr Araghchi said on arrival in the Lebanese capital. Yemen's Houthis sent a senior delegation led by the Grand Mufti, the Houthi-affiliated Al Masirah TV said.

Mourners gather at Camille Chamoun Sports City Stadium in Beirut. Reuters
Mourners gather at Camille Chamoun Sports City Stadium in Beirut. Reuters

Signalling victory

Hezbollah's leader Naim Qassem said in a televised speech broadcast at the funeral that he would follow the path of Mr Nasrallah. “We will uphold you will and continue this path even if we are all killed and our homes are destroyed. You are still with us, your … path and struggle live within us.” He also said he was “loyal to the legacy of Nasrallah”.

He said the pressure on the resistance and its fighters was unprecedented, but that their steadfastness in response was also unprecedented. “The resistance exists and is strong in number, equipment and people,” he said. “Now we are in a new phase, and this phase has different tools and methods to deal with it.”

The historic ceremony, believed to be the biggest gathering in Lebanon in two decades, was an occasion to prove that the group is still powerful and is able to gather together thousands of people. “It’s not simply a tribute to a historic figure – it’s a show for Hezbollah to prove that they still exist. They want to showcase a victory, they are telling their popular base, ‘We have triumphed,’” political analyst Joseph Daher told The National.

Yet on the ground Hezbollah has been considerably weakened. It sustained heavy losses in the recent war with Israel, with its leadership decimated and thousands of fighters killed. The fall of Bashar Al Assad in Syria, a Hezbollah ally and a member of the Iran-led “axis of resistance”, has further weakened the group by cutting off its supply route to Iran.

“Israel still occupies southern Lebanon and has near-complete freedom to bomb whenever they want,” Mr Daher added. Israel has refused to pull out from five strategic points in south Lebanon after the expiration of a withdrawal deadline, scheduled as part of a US-brokered ceasefire between Hezbollah and Israel that ended the recent war. Israel also signed a secret side deal with the US, allowing it to strike Lebanon in the event of any perceived threats from Hezbollah.

The election as president of Washington's favoured candidate, former army chief Joseph Aoun as president, and the formation of a new government led by Nawaf Salam, is seen as a break from past governments, which were dominated by Hezbollah. Lebanon's President and Prime Minister did not directly take part in the funeral, but both sent representatives.

“There is a context of enormous pressure – both external and internal – and a weakening of Hezbollah's military and political capacities, with financial resources from Iran under strain, “Mr Daher said. Just before the funeral, Israel struck what it said were several Hezbollah targets in the south of Lebanon.

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

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Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

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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.”

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Company profile

Name: Dukkantek 

Started: January 2021 

Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani 

Based: UAE 

Number of employees: 140 

Sector: B2B Vertical SaaS(software as a service) 

Investment: $5.2 million 

Funding stage: Seed round 

Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office  

Updated: March 31, 2025, 10:08 AM