Jordan's King Abdullah II welcomes Syrian President Ahmad Al Shara at Marka airport in Amman on Wednesday. AFP
Jordan's King Abdullah II welcomes Syrian President Ahmad Al Shara at Marka airport in Amman on Wednesday. AFP
Jordan's King Abdullah II welcomes Syrian President Ahmad Al Shara at Marka airport in Amman on Wednesday. AFP
Jordan's King Abdullah II welcomes Syrian President Ahmad Al Shara at Marka airport in Amman on Wednesday. AFP

Syria's Ahmad Al Shara and King Abdullah of Jordan agree to co-operate on security


Khaled Yacoub Oweis
  • English
  • Arabic

Syria's leader Ahmad Al Shara and Jordan's King Abdullah agreed on Wednesday to work on improving border security, Jordan's royal palace said, addressing a long-running problem that has affected trade and the movement of people between the two countries.

Mr Al Shara's short visit to Jordan was his first since his supporters appointed him President in late January, and his third visit abroad after trips to Saudi Arabia and Turkey. The countries share a 360km border.

“His majesty affirmed the need to co-ordinate closely in view of the challenges concerning border security and curbing the smuggling of weapons and narcotics,” a Jordanian palace statement said.

Mr Al Shara was received personally by the king at Amman's Marka Airport and driven to Basman Palace, where the pair were joined by Jordan's Crown Prince Hussein for a meeting. He spent several hours in Amman before returning to Damascus.

Mr Al Shara leads Hayat Tahrir Al Sham, the group that led the toppling of former president Bashar Al Assad on December 8. Mr Al Assad's last visit to Jordan was in 2009, before relations between the neighbours broke down over the regime's crackdown on the Syrian upising in 2011.

Jordan re-established limited ties with Mr Al Assad in recent years with the aim of resuming legal flows of goods and people under what officials called a step-for-step approach to solving problems emanating from Syria, and from the ousted regime's Iran-backed militia allies.

But Jordan did not see enough co-operation from the Assad regime on drug smuggling and border security. Jordanian support for Mr Al Assad remained limited, especially in his wider goal of lifting western sanctions and obtaining funding for reconstruction projects in regime-controlled areas.

In December HTS forces were posted along the border with Jordan, a major conduit for the Captagon drug trade, which has diminished since the removal of the Assad regime. Syria's Foreign Minister, Asaad Al Shibani, who accompanied Mr Al Shara on Wednesday's trip, agreed with his counterpart Ayman Safadi in January that the nations would co-operate on tackling drugs and weapons smuggling.

Syrians are mostly banned from crossing into Jordan, while Jordanians need security clearance to visit Syria. Before the outbreak of the Syrian civil war in 2011, millions of Jordanians travelled to Syria each year for shopping, holidays and business.

King Abdullah said co-operation with Syria should be expanded to energy, water and commerce, according to the palace statement. Jordan, which hosted the first international conference on Syria a week after Mr Al Assad was forced to flee to Russia, has said it is willing to help rebuild Syria and contribute to its stability as the nation recovers from its 13-year civil war.

The monarch welcomed the outcome of a landmark national dialogue conference held at the presidential palace in Damascus on Tuesday, saying it was "an important step towards rebuilding Syria to attain the aspirations of the Syrian people".

The kingdom previously tried to sell electricity to the Assad regime but the deal fell through, partly because of sanctions on Syria, which have been eased since Mr Al Assad's removal. Mr Al Shara's government is aiming to consolidate control in outlying areas of the country, but it is facing resistance from several religious and ethnic groups. Among them are the Druze in the southern governorate of Suweida on the border with Jordan, with whom the kingdom maintains historical ties.

The situation in Syria's south has been complicated by an Israeli announcement last week that it would not permit the spread of HTS forces in the area, which borders Israel. Late on Tuesday, Israel struck sites south of Damascus belonging to the Assad regime after HTS personnel moved in. The king condemned the Israeli attacks, and “affirmed support for Syria's unity and sovereignty”.

Mr Safadi said that the Israeli aggression is a blatant violation of international law, and that Israel must stop its "provocative" attacks on Syrian territory. "We absolutely stand with Syria," he said on X.

Jordan was among Arab countries that normalised relations with the Assad regime in the three years before the former dictator was overthrown, partly because it was seen as a counter-force to Islamist militants. HTS was previously linked with Al Qaeda and still has foreign fighters, including Jordanians, among its senior ranks.

Fifa Club World Cup:

When: December 6-16
Where: Games to take place at Zayed Sports City in Abu Dhabi and Hazza bin Zayed Stadium in Al Ain
Defending champions: Real Madrid

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The%20Beekeeper
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First Person
Richard Flanagan
Chatto & Windus 

Company%20profile
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TECH%20SPECS%3A%20APPLE%20IPHONE%2014%20PLUS
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MATCH INFO

Uefa Nations League

League A, Group 4
Spain v England, 10.45pm (UAE)

The President's Cake

Director: Hasan Hadi

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

Rating: 4/5

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.”

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

Have you been targeted?

Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:

1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.

2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.

3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.

4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.

5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.

Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg

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Defending champions

World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack

Company profile

Name: Fruitful Day

Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie

Based: Dubai, UAE

Founded: 2015

Number of employees: 30

Sector: F&B

Funding so far: Dh3 million

Future funding plans: None at present

Future markets: Saudi Arabia, potentially Kuwait and other GCC countries

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

RIDE%20ON
%3Cp%3EDirector%3A%20Larry%20Yang%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Jackie%20Chan%2C%20Liu%20Haocun%2C%20Kevin%20Guo%3C%2Fp%3E%0A%3Cp%3ERating%3A%202%2F5%3C%2Fp%3E%0A
Stage 5 results

1 Tadej Pogacar (SLO) UAE Team Emirates 3:48:53

2 Alexey Lutsenko (KAZ) Astana Pro Team -

Adam Yates (GBR) Mitchelton-Scott - 

4 David Gaudu (FRA) Groupama-FDJ  0:00:04

5 Ilnur Zakarin (RUS) CCC Team 0:00:07

General Classification:

1 Adam Yates (GBR) Mitchelton-Scott 20:35:04

2 Tadej Pogacar (SlO) UAE Team Emirates 0:01:01

3 Alexey Lutsenko (KAZ) Astana Pro Team 0:01:33

4 David Gaudu (FRA) Groupama-FDJ 0:01:48

5 Rafał Majka (POL) Bora-Hansgrohe 0:02:11

The%20specs%20
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Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Updated: February 26, 2025, 10:00 PM