Syria's interim Foreign Minister Asaad Al Shibani receives German Foreign Minister Annalena Baerbock in Damascus on Thursday during a visit to reopen the German embassy. Sana / AFP
Syria's interim Foreign Minister Asaad Al Shibani receives German Foreign Minister Annalena Baerbock in Damascus on Thursday during a visit to reopen the German embassy. Sana / AFP
Syria's interim Foreign Minister Asaad Al Shibani receives German Foreign Minister Annalena Baerbock in Damascus on Thursday during a visit to reopen the German embassy. Sana / AFP
Syria's interim Foreign Minister Asaad Al Shibani receives German Foreign Minister Annalena Baerbock in Damascus on Thursday during a visit to reopen the German embassy. Sana / AFP

Germany reopens embassy in Syria after 13 years


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Germany has reopened its embassy to Syria, 13 years after its mission in Damascus closed its doors when former dictator Bashar Al Assad violently suppressed a popular uprising and a brutal civil war broke out in the country.

The reopening of the mission comes three months after Mr Al Assad was ousted from power by a coalition of rebels headed by his recently appointed successor, Ahmad Al Shara, in a lightning rebel offensive that ended more than 50 years of Assad family rule over Syria.

The reopening of the diplomatic mission comes despite a deadly outbreak of violence on the Syrian coast, heartland of Alawite minority to which Mr Assad belongs, as security forces aligned with the new government battled loyalists of the old regime. Hundreds of civilians were killed, most of them Alawites, said monitoring groups such as the Syrian Observatory for Human Rights.

The German embassy was opened by Foreign Minister Annalena Baerbock, making her second visit to the Syrian capital since Mr Al Assad was ousted on December 8. She said she would use this trip to tell Syria's government that a “fresh start” between Europe and Germany on one side and Syria on the other was conditional on all Syrians enjoying freedom and security, regardless of faith, gender or ethnicity.

Ms Baerbock said the recent surge in violence had undermined faith in the Syrian authorities. Much of the population was "scared that life in the future Syria will not be safe for all Syrians”, she added. “The appalling bouts of violence two weeks ago have cost a massive amount of trust.”

Speaking after talks with Mr Al Shara and other officials, she said that "it is imperative that extremist groups in their ranks are brought under control and those responsible for crimes are held accountable. Any attempt at renewed escalation must be prevented," Ms Baerbock said at a press conference at which she warned that actors both inside and outside the country were trying to "torpedo" the political transition.

Syria's interim President Ahmad Al Shara receives German Foreign Minister Annalena Baerbock, third left, in Damascus on Thursday. Sana / AFP
Syria's interim President Ahmad Al Shara receives German Foreign Minister Annalena Baerbock, third left, in Damascus on Thursday. Sana / AFP

"As Europeans, we will not support a resurgence of Islamist structures," she said, urging the new authorities to create a power-sharing system in which all groups, including Druze, Alawites, Christians and others, "also feel part of a new, shared Syria". The participation of women would be "a key indicator of this", she said. "Our common goal is that Syria never falls back into civil war."

In mid-December, the EU said it would reopen its mission in Syria to work with the country's new leaders. In January, EU member Hungary said it would reopen its embassy in Damascus. Turkey, a vital backer of the rebels-turned-rulers, and Qatar, were among the first nations to reopen their missions in the Syrian capital in mid-December, while Spain reopened its embassy in January.

Section 375

Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat

Director: Ajay Bahl

Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL

Rating: 3.5/5

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

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England World Cup squad

Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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.”

Types of bank fraud

1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

2) Smishing

The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

4) SIM swap

Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The biog

Hometown: Cairo

Age: 37

Favourite TV series: The Handmaid’s Tale, Black Mirror

Favourite anime series: Death Note, One Piece and Hellsing

Favourite book: Designing Brand Identity, Fifth Edition

Updated: March 20, 2025, 7:31 PM