Lebanese army commander in chief Rodolphe Haykal. Photo: CEMA
Lebanese army commander in chief Rodolphe Haykal. Photo: CEMA
Lebanese army commander in chief Rodolphe Haykal. Photo: CEMA
Lebanese army commander in chief Rodolphe Haykal. Photo: CEMA

Lebanese army chief raised prospect of stepping down over Hezbollah disarmament process, sources say


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Lebanon’s army commander in chief has at one stage indicated he was prepared to step down over the adopted process for drafting and implementing a plan to disarm Hezbollah, security sources in Beirut told The National on Friday.

The army has been tasked with drawing up a plan to dismantle the once-dominant force in Lebanon by this Sunday, and to implement it by the end of the year.

The army chief has argued that he does not want his institution to find itself confronting Hezbollah directly, according to the sources.

“The army is not happy with the process, and Brig Gen Rodolphe Haykal has at some point threatened to resign,” a security official with direct knowledge of the matter said. The source didn't specify when the warning was made.

“He wants the government to pursue a comprehensive agreement and avoid putting the army in a direct confrontation with the group and other factions in Lebanon,” he added.

US envoys Tom Barrack and Morgan Ortagus stunned Lebanese officials this week when they said they could not guarantee any Israeli de-escalation before the army announces its plan and begins collecting Hezbollah’s weapons.

The Lebanese government, despite resistance from Shiite ministers, voted to proceed with Hezbollah’s disarmament and tasked the army with drawing up a plan, expecting a reciprocal step from Israel that never came.

Hezbollah insists that Israel must first withdraw from the south and halt its attacks before any discussion of disarmament can begin. The US, however, has warned that Lebanon will receive neither financial assistance nor restored relations unless it moves ahead now and dismantles the group.

A government source told The National the army is still “expected” to submit the disarmament plan, downplaying any tensions. “We’re now waiting for the army. The [government] session is scheduled for Tuesday for the army to deliver the plan. There is no disagreement, and they are ready,” the source said.

The army did not immediately respond to requests for comment.

However, it stated in a press release on Friday that it is "carrying out its missions with the highest levels of responsibility, professionalism, and commitment to the security and internal stability of the nation, in accordance with the decision of the political authority and in fulfilment of its duty, no matter how great the challenges may be".

Preservation of civil peace

Hours later, the army chief held an unscheduled meeting with unit and operational regiment commanders, along with several officers. The meeting reviewed the latest developments facing Lebanon and the army “during this exceptional period, amid Israeli violations and attacks,” according to a statement published by state media.

“The army is shouldering major responsibilities at all levels and is entering a sensitive phase in which it will undertake delicate missions," warned General Haykal.

"It will take the necessary steps to ensure the success of its mission, while taking into account the preservation of civil peace and internal stability," he stated.

“We have made great sacrifices and offered martyrs in the line of our national duty, and nothing will deter us from continuing to bear our responsibility across all regions and along the borders."

He also said that the army is maintaining "the necessary communication" with the Syrian authorities regarding control of the northern and eastern borders "as this serves a common interest".

“The army command continues its efforts to strengthen the institution’s capabilities and improve the conditions of its soldiers, relying on its own resources as well as the support of brotherly and friendly nations," he added.

Lebanese army soldiers deploy to escort trucks carrying weapons handed over by Palestinian factions in south Lebanon. AP
Lebanese army soldiers deploy to escort trucks carrying weapons handed over by Palestinian factions in south Lebanon. AP

Lebanon, battered by war, is in urgent need of financial aid to recover from the devastating conflict Hezbollah fought with Israel, and lost.

The army is being tasked with securing the borders with Israel and Syria, maintaining security inside the country, and collecting Hezbollah’s weapons. It has also been tasked with collecting arms from Palestinian factions at twelve refugee camps.

“If the army agrees to deliver a plan merely to let the government claim it has achieved something, it would be handing over an incomplete framework. We are talking about dismantling a mini-state," added the security source.

While the US envoys delivered a harsh reality check to Lebanese leaders, they also offered incentives to push the army into moving forward with a disarmament plan. Senator Lindsey Graham, who was also in Beirut, even hinted at the possibility of a military pact between Lebanon and the United States.

“They also floated the idea of indirect US military involvement in the disarmament process, and conveyed an Israeli message that they would be willing to assist the army with intelligence to carry out the task,” one security official explained.

“Even if Hezbollah wanted to disarm, it could not do so without Iran’s green light. Tehran would need something in return – and Hezbollah, for its part, wants guarantees for its future, the future of its fighters, and its community.”

Critical days

During the last war between Israel and Hezbollah, the Lebanese army largely stayed on the sidelines, watching as battles raged along the border. It was not the first time the national army found itself reduced to a bystander in its own country’s conflict.

The army is one of Lebanon’s most trusted institutions, often described as the only body that bridges the nation’s sectarian and political divides. Yet it has been crippled by five years of economic collapse, left with an ageing arsenal, no air defences, and little capacity to confront a modern, well-equipped military like Israel’s.

By contrast, Hezbollah looms large both militarily and politically. While the Lebanese army fields about 80,000 troops, Hezbollah claimed before the war with Israel that it had more than 100,000 fighters and commanders, and a far more advanced arsenal built with Iranian backing. The imbalance has left the army militarily overshadowed and politically constrained.

“There is more pressure now on Lebanon because Israel believes Hezbollah is beginning to recover from the loss of its leaders and more than half of its arsenal. They see urgency in building on the momentum and pushing forward with disarmament,” explained one of the officials.

Lebanon is bracing for major developments in the coming days. The army must have its disarmament plan by Sunday, the same day Speaker of Parliament Nabih Berri, a Hezbollah ally, is expected to deliver a highly anticipated speech. Two days later, on Tuesday, the government will review the army’s plan.

“These are critical days,” warned one of the security sources.

Peacekeepers from UNIFIL stand by an artillery gun at a fortified position formerly held by Hezbollah in south Lebanon. AFP
Peacekeepers from UNIFIL stand by an artillery gun at a fortified position formerly held by Hezbollah in south Lebanon. AFP

Military expert and retired Brig Gen Ali Abi Raad said he was confident "the army will not clash with Hezbollah, or with anyone else, nor with the people," praising Gen Haikal as "pragmatic, patriotic and dynamic."

He added that "the outcome will be through a particular kind of arrangement, such as proposing to open dialogue. It could be part of the army's plan".

"No plan, whatever its form, can be implemented except through dialogue with the concerned side, regarding the method of handover, the method of storage, and how the process will take place. This cannot be carried out by force, whatever the cost."

TOURNAMENT INFO

Women’s World Twenty20 Qualifier

Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November

UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi

Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

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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.”

Starring: Jamie Foxx, Angela Bassett, Tina Fey

Directed by: Pete Doctor

Rating: 4 stars

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

The biog

Age: 35

Inspiration: Wife and kids 

Favourite book: Changes all the time but my new favourite is Thinking, Fast and Slow  by Daniel Kahneman

Best Travel Destination: Bora Bora , French Polynesia 

Favourite run: Jabel Hafeet, I also enjoy running the 30km loop in Al Wathba cycling track

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

North Pole stats

Distance covered: 160km

Temperature: -40°C

Weight of equipment: 45kg

Altitude (metres above sea level): 0

Terrain: Ice rock

South Pole stats

Distance covered: 130km

Temperature: -50°C

Weight of equipment: 50kg

Altitude (metres above sea level): 3,300

Terrain: Flat ice
 

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

Updated: August 30, 2025, 9:46 AM