The Israeli army said it killed a senior Hezbollah commander in southern Lebanon, claiming he had overseen the smuggling of Iranian weapons and funds into the country.
According to the Israeli army, Hussein Ali Nasr was “the deputy commander of Hezbollah’s Unit 4400", believed to be responsible for logistical operations and weapons procurement for the militant group.
The army said Mr Nasr, who was killed in a strike on his car in southern Lebanon, played “a key role” in co-ordinating the transfer of Iranian arms and funds into Lebanon, including through Beirut International Airport.
He allegedly maintained “covert ties” with airport employees working on behalf of Hezbollah to enable smuggling operations. Mr Nasr was also reported to have overseen weapons deals with arms traffickers along the Lebanese–Syrian border and played a wider role in the group’s military logistics, according to the Israeli army.
The strike is part of Israel’s continuing war on the group, which has attacked Hezbollah’s logistical infrastructure and key personnel. Previous operations have reportedly resulted in the deaths of Unit 4400 commander Mohammad Jaafar Qasir and his deputy Ali Hassan Gharib.
Separately, the army said it struck on Sunday several rocket launchers and military infrastructure used by Hezbollah operatives in the Nabatieh area of southern Lebanon. Earlier in the day, Israeli fighter jets carried out a strike in the village of Houla, killing another Hezbollah member.
Meanwhile, in a separate incident in southern Lebanon, a Lebanese army officer and two soldiers were killed and several civilians injured, following the explosion of munitions being transported in a military vehicle in the area of Nabatieh. The Lebanese army said specialised units launched an investigation into the cause of the blast.
Lebanon has been paying a heavy price for Hezbollah’s war with Israel, which ended in the group’s defeat. Hezbollah, which has long dominated Lebanon’s decisions on war and peace, is no longer regarded as a deterrent to Israel.
The current ceasefire deal has given Israel the upper hand, as it continues to attack Hezbollah despite the truce. Its actions are part of US guarantees that allow the Israeli military to strike Hezbollah and any other perceived threat. The guarantees also include disarming Hezbollah and ending any role it holds within Lebanon's security services.
In recent weeks at Lebanon’s only airport, personnel seen as close to Hezbollah, from baggage handlers to security officials in charge of loading and unloading zones, were laid off.
Lebanese security sources told The National that foreign officials involved in Lebanese affairs, particularly from the US, have been requesting the appointment of certain people to security posts while pushing for the removal of those they perceive as being close to Hezbollah.
On Friday, Hezbollah chief Naim Qassem said the group “will not allow anyone to disarm” it and that no dialogue over a broader defence strategy in Lebanon will take place until Israel withdraws from Lebanese territory.
He was speaking hours before Iran and the US held a second round of talks aimed at reaching a nuclear deal and a regional understanding that could lead Tehran to curb its support for militant groups across the region, including Hezbollah.
Lampedusa: Gateway to Europe
Pietro Bartolo and Lidia Tilotta
Quercus
AL%20BOOM
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SPECS
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THE%20SPECS
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The biog
From: Ras Al Khaimah
Age: 50
Profession: Electronic engineer, worked with Etisalat for the past 20 years
Hobbies: 'Anything that involves exploration, hunting, fishing, mountaineering, the sea, hiking, scuba diving, and adventure sports'
Favourite quote: 'Life is so simple, enjoy it'
In 2018, the ICRC received 27,756 trace requests in the Middle East alone. The global total was 45,507.
There are 139,018 global trace requests that have not been resolved yet, 55,672 of these are in the Middle East region.
More than 540,000 individuals approached the ICRC in the Middle East asking to be reunited with missing loved ones in 2018.
The total figure for the entire world was 654,000 in 2018.
Directed by: Craig Gillespie
Starring: Emma Stone, Emma Thompson, Joel Fry
4/5
The%20specs
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COMPANY%20PROFILE
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The biog
Favourite car: Ferrari
Likes the colour: Black
Best movie: Avatar
Academic qualifications: Bachelor’s degree in media production from the Higher Colleges of Technology and diploma in production from the New York Film Academy
Mohammed bin Zayed Majlis
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Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
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.”
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
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Transmission: 10-speed auto
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Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
World Cup warm up matches
May 24 Pakistan v Afghanistan, Bristol; Sri Lanka v South Africa, Cardiff
May 25 England v Australia, Southampton; India v New Zealand, The Oval
May 26 South Africa v West Indies, Bristol; Pakistan v Bangladesh, Cardiff
May 27 Australia v Sri Lanka, Southampton; England v Afghanistan, The Oval
May 28 West Indies v New Zealand, Bristol; Bangladesh v India, Cardiff