Photos of the 1988 chemical attack on Halabja were displayed during remembrance events in the city last month. AFP
Photos of the 1988 chemical attack on Halabja were displayed during remembrance events in the city last month. AFP
Photos of the 1988 chemical attack on Halabja were displayed during remembrance events in the city last month. AFP
Photos of the 1988 chemical attack on Halabja were displayed during remembrance events in the city last month. AFP

Iraq declares Halabja, scene of Saddam's gas attack on Kurds, as 19th province


Sinan Mahmoud
  • English
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Iraq’s parliament on Monday passed a long-delayed bill recognising the Kurdish city of Halabja, the scene of a chemical attack during Saddam Hussein’s rule, as the country’s 19th province.

The move is meant to improve the life of the survivors through enhanced funding and projects. The draft law was first approved by Iraq's government in 2013, but the country’s endemic political wrangling has delayed its passage. In 2014, Iraq’s semi-autonomous Kurdish region unilaterally declared Halabja as a province.

Iraqi President Abdul Latif Rashid, a Kurd, hailed Monday's parliamentary approval as a "historic step which is a long-overdue recognition for the city's sufferings and a positive move towards justice and honouring the martyrs". He described the victims as "those who fell in the most heinous crime known to contemporary history".

Speaking at a press conference in Erbil shortly after the vote, Halabja's acting governor Nuxsha Nasih expressed deep gratitude to those who supported the move.

“Today is a historic day for the people of Halabja,” Ms Nasih said, according to Kurdish media outlets. “We thank all those who played a role in it and we thank the President and Prime Minister of the Kurdistan Region."

Mourners attending last month's commemorations for the 37th anniversary of the Halabja attack, in which about 5,000 people were killed. AFP
Mourners attending last month's commemorations for the 37th anniversary of the Halabja attack, in which about 5,000 people were killed. AFP

Halabja stands as witness to the bloody legacy of the 1980s Iraq-Iran war, which helped to shape the Middle East for 40 years, and a symbol of the suffering of Iraqi-Kurds.

Near the end of the eight-year war, Saddam ordered a chemical attack on March 16, 1988, accusing Kurdish Peshmerga forces of backing Iran. Iraq's air force rained down a deadly cocktail of chemical weapons on Halabja, killing about 5,000 Iraqi-Kurds, the majority of them women and children. The attack was part of the broader Anfal campaign in northern Iraq in which more than 182,000 Kurds were killed.

Saddam Hussein's cousin and henchman, Ali Hassan Al Majid – an infamous general better known as 'Chemical Ali' – who oversaw the attack, was hanged in 2010. During his trial, Al Majid said the attack was carried out to protect Iraq against its powerful neighbour Iran.

Saddam, overthrown in 2003 after a US-led invasion, was hanged in 2006, sentenced to death for the massacre of 148 Shiite Muslims. His death put an end to proceedings against him related to the Anfal campaign.

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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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Updated: April 14, 2025, 4:17 PM