The UN on Wednesday issued a new call for Yemen’s Houthi rebels to release dozens of aid workers a year after their arrest by the group.
The Iran-backed rebels, who control much of Yemen, detained 13 UN staff members, and more than 50 employees of aid groups last June. Between January 23-25 this year, the Houthis carried out another wave of arrests, detaining an additional eight UN staff members.
Others have been detained since 2021, according to the UN.
Two have died while in detention, one of them a Save the Children staff member and another an employee of the World Food Programme.
“As of today, 23 UN and five international non-governmental organisation personnel remain arbitrarily detained. Tragically, one UN staff member and another from Save the Children have died in detention,” said a statement signed by the UN other top aid groups.
“Others have lost loved ones while being held, denied the chance to attend their funerals or say goodbye,” it added.
The statement said those detained have spent “at least 365 days – and for some, over 1,000 days, isolated from their families, children, husbands, and wives, in flagrant breach of international law.”
“We call on the de facto authorities to deliver on their previous commitments, including those made to the director general of the World Health Organisation during his mission to Sanaa in December 2024,” it said.
The UN and international NGOs will continue to work through all possible channels to secure the safe and immediate release of those arbitrarily detained, it added.
UN Secretary General Antonio Guterres on Tuesday said those detained should have never been attacked by the rebels.
“I renew my call for their immediate and unconditional release,” Mr Guterres said.
“The UN and its humanitarian partners should never be targeted, arrested or detained while carrying out their mandates for the benefit of the people they serve,” he said.
Since the arrests were made, the UN has limited its deployments and suspended activities in parts of the country.
At the time of the arrests, the Houthis said an “American-Israeli spy cell” was operating under the cover of aid groups, an accusation firmly rejected by the UN.
Mr Guterres also lamented the “deplorable tragedy” of the death in detention of a World Food Programme staffer in February.
At the time, WFP executive director Cindy McCain said the worker who died in detention was named Ahmed and that he was a “devoted humanitarian and father of two” who had helped deliver life-saving food assistance.
He had been working for the agency since 2017, according to the agency. He was one of seven staffers detained by the Houthi rebels on January 23 this year.
Mrs McCain said she was “heartbroken and outraged by the tragic loss”.
In October 2023, Save the Children confirmed the death of a staff member who died in detention in Yemen and called for an immediate independent investigation.
Safety and security director Hisham Al Hakimi was detained on 9 September while off duty. He died a month and a half later.
Mr Al Hakimi, aged 44 and a husband and father of four, was a dedicated member of the Save the Children family since 2006, the organisation said.
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.”
Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
Retail gloom
Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.
It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.
The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.
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UAE currency: the story behind the money in your pockets