A Turkish glider drops water on flames near the town of Rabia in Syria's Latakia countryside. AP
A Turkish glider drops water on flames near the town of Rabia in Syria's Latakia countryside. AP
A Turkish glider drops water on flames near the town of Rabia in Syria's Latakia countryside. AP
A Turkish glider drops water on flames near the town of Rabia in Syria's Latakia countryside. AP

Syria appeals to EU for help as wildfire spreads


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Syria has appealed to the European Union for help as wildfires continue to spread in the coastal countryside of Latakia, forcing the evacuation of people from their homes.

Raed Al Saleh, Minister of Emergency and Disaster Management, said aircraft from Cyprus could be sent to support the operation to extinguish the fires, alongside crews from Turkey and Jordan already on the scene. Lebanon has also sent aircraft, he said.

Sixteen planes are currently working to control the blazes, Mr Al Saleh added, with the number expected to reach 20.

Twenty-five families have been evacuated from their homes in Al Ghassaniya village in the Ras Al Basit district of Latakia in the west of the country, the minister said.

Strong winds, rugged terrain and unexploded ordnance littering the region were hindering firefighting efforts, Mr Al Saleh said, with an area covering about 14,000 hectares now in flames.

In Ras Al Basit, the fires were continuing to spread, state news agency Sana reported late on Tuesday.

Footage from White Helmets shows magnitude of Syria's raging wildfires

Interior Ministry spokesman Noureddine Al Baba said people had been arrested on suspicion of involvement in starting the fires. He said the ministry was investigating the causes of the blaze to determine whether they were deliberately set.

“There are suspects, they have been arrested and are currently under investigation, and if their involvement is proven it will be announced,” he was quoted by Sana as saying.

The fires have been rampaging across the Latakia, Baniyas and Tartus governorates. The coastal region contains most of Syria's green space, covering about 4,000 square kilometres, or 2 per cent of the nation's land mass, according to data recorded in 2010 before Syria's civil war broke out.

Syria's forests have been compromised by decades of illegal logging along with unlicensed building and farming, particularly during the 13-year war.

Syria, once a regional breadbasket, is undergoing one of its worst droughts in decades. In the late 2000s, the country became a wheat importer due to a lack of rain and the illegal use of water wells, which affected underground reservoirs.

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.”

Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

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Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

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UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

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Updated: July 16, 2025, 9:04 AM