US envoy Tom Barrack has said Israel must honour its commitments under a ceasefire that ended its war with Hezbollah after the Lebanese government formally approved the disarmament of the group.
Speaking after he met President Joseph Aoun in Beirut, Mr Barrack said: “I think the Lebanese government has done their part. They’ve taken the first step. Now what we need is Israel to comply with that equal handshake."
Mr Barrack said Washington was "in the process of now discussing with Israel what their position is". He predicted that "in the next few weeks you're going to see progress on all sides".
The envoy added that bringing all arms under state control is a “decision that belongs to the Lebanese state” in a response to Hezbollah and Iranian officials who said the move was part of a US-Israeli plan.
Mr Barrack emphasised that the delegation carried no threats regarding the disarmament of Hezbollah.
“There is co-operation from all sides," he said. "We are not here to intimidate anyone. The positive outcomes will benefit Hezbollah, Lebanon and Israel alike. Our focus is on future prosperity, not fear.”
Mr Aoun told the US envoy that what was now needed was "for the other parties to commit to respecting the content" of the US proposals.
It comes less than two weeks after the Lebanese government approved the objectives of an American proposal to disarm Iran-backed Hezbollah in a historic but controversial move.
There are strong fears that Israel will escalate its attacks on Lebanon and expand its occupation in the south of the country further if progress is not made on disarming Hezbollah.
Mr Barrack was joined by Morgan Ortagus, the US deputy special envoy to the Middle East. At the start of President Donald Trump's administration, Ms Ortagus initially led US efforts on Lebanon. The file was then handled by Mr Barrack.
Ms Ortagus and Mr Barrack, who is also the US ambassador to Turkey and special envoy to Syria, arrived in Beirut on Sunday night.
Later he met parliamentary speaker Nabih Berri, an ally of Hezbollah, and Prime Minister Nawaf Salam. Mr Salam demanded the US put pressure on Israel to cease its bombing campaign on Lebanon, withdraw from the points of Lebanese territory it occupies and release the Lebanese prisoners it holds.
He said the Lebanese army required a financial injection and increase in equipment. Mr Aoun has said the army needs $1 billion a year from international donors for the next 10 years to help carry out its tasks.
“Ambassador Barrack’s focus is on fulfilling the President’s goals. President Trump is committed to achieving peace and Lebanon’s stability is key to regional security and prosperity,” a US State Department official said late on Sunday.
The US officials will hold talks with Lebanese leaders amid fears that Israel will continue to escalate its daily attacks on Lebanon if there is a lack of progress in the push to disarm Hezbollah.
The US proposal was approved at the end of a heated cabinet session less than two weeks ago, with Shiite ministers storming out before it ended. The landmark disarmament move was also heavily criticised by Hezbollah, its supporters and Iran.
Hezbollah leader Naim Qassem has warned that there will be “no life” for Lebanon if authorities confront the group. He accused the government of effectively handing the country over to Israel by pushing for disarmament and giving in to US demands.
Mr Qassem said Hezbollah and the Amal Movement, its Shiite ally, decided to delay street protests against the US-backed disarmament plan because they believe there is room for dialogue with the Lebanese government. But he warned that demonstrations could reach the US embassy in Lebanon.
But critics of Hezbollah said a vital disarmament timetable had been decided, giving the army until August 31 to present a plan to bring all weapons under state control by the end of the year.
The visit by the US envoys comes days after Ali Larijani, head of Iran's Supreme National Security Council, travelled to Lebanon for meetings with the country's leaders.
Lebanese President Joseph Aoun and Prime Minister Nawaf Salam expressed their deep dissatisfaction to Mr Larijani over criticism from Tehran about plans to disarm Hezbollah, in a powerful rebuke of the group's main backer. Both leaders stated that they reject Iranian interference in Lebanese affairs.
Mr Aoun spoke to Saudi channels over the weekend, reiterating the stance taken towards Mr Larijani and Tehran.
Saudi Arabia was previously a major financial supporter of Lebanon but stepped back amid the growing influence of Hezbollah and Iran in the country. Saudi Arabia is becoming more involved again. Major international donors have said aid and other support depend on Hezbollah's disarmament and economic reform.
Hezbollah was once the region's most powerful non-state armed group but its power has diminished after it lost its senior leadership and much of its arsenal during the war with Israel last year.
Despite a fragile ceasefire with Israel being in place since November, Israeli attacks on Lebanon have continued. Israeli army chief, Lt Gen Eyal Zamir, visited troops in southern Lebanon last week and boasted about breaching the truce about 600 times.
The US proposals would also require Israel to withdraw from Lebanese territory and end its daily bombings of the country.
UAE currency: the story behind the money in your pockets
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Scoreline
Man Utd 2 Pogba 27', Martial 49'
Everton 1 Sigurdsson 77'
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.”
How it works
A $10 hand-powered LED light and battery bank
Device is operated by hand cranking it at any time during the day or night
The charge is stored inside a battery
The ratio is that for every minute you crank, it provides 10 minutes light on the brightest mode
A full hand wound charge is of 16.5minutes
This gives 1.1 hours of light on high mode or 2.5 hours of light on low mode
When more light is needed, it can be recharged by winding again
The larger version costs between $18-20 and generates more than 15 hours of light with a 45-minute charge
No limit on how many times you can charge
Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
INFO
Everton 0
Arsenal 0
Man of the Match: Djibril Sidibe (Everton)
The specs
Engine: four-litre V6 and 3.5-litre V6 twin-turbo
Transmission: six-speed and 10-speed
Power: 271 and 409 horsepower
Torque: 385 and 650Nm
Price: from Dh229,900 to Dh355,000
Juliet, Naked
Dir: Jesse Peretz
Starring: Chris O'Dowd, Rose Byrne, Ethan Hawke
Two stars
Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
Who are the Sacklers?
The Sackler family is a transatlantic dynasty that owns Purdue Pharma, which manufactures and markets OxyContin, one of the drugs at the centre of America's opioids crisis. The family is well known for their generous philanthropy towards the world's top cultural institutions, including Guggenheim Museum, the National Portrait Gallery, Tate in Britain, Yale University and the Serpentine Gallery, to name a few. Two branches of the family control Purdue Pharma.
Isaac Sackler and Sophie Greenberg were Jewish immigrants who arrived in New York before the First World War. They had three sons. The first, Arthur, died before OxyContin was invented. The second, Mortimer, who died aged 93 in 2010, was a former chief executive of Purdue Pharma. The third, Raymond, died aged 97 in 2017 and was also a former chief executive of Purdue Pharma.
It was Arthur, a psychiatrist and pharmaceutical marketeer, who started the family business dynasty. He and his brothers bought a small company called Purdue Frederick; among their first products were laxatives and prescription earwax remover.
Arthur's branch of the family has not been involved in Purdue for many years and his daughter, Elizabeth, has spoken out against it, saying the company's role in America's drugs crisis is "morally abhorrent".
The lawsuits that were brought by the attorneys general of New York and Massachussetts named eight Sacklers. This includes Kathe, Mortimer, Richard, Jonathan and Ilene Sackler Lefcourt, who are all the children of either Mortimer or Raymond. Then there's Theresa Sackler, who is Mortimer senior's widow; Beverly, Raymond's widow; and David Sackler, Raymond's grandson.
Members of the Sackler family are rarely seen in public.
PLAY-OFF%20DRAW
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Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million