Veterans of the Iran-Iraq war are among those replacing the Iranian commanders killed in Israel’s attacks, as experts warn the force could soon start filling its top ranks with a younger generation of hardliners.
The latest appointments are Maj Gen Amir Hatami as chief commander of the Iranian army, and Brig Gen Majid Mousavi, who becomes commander of the Islamic Revolutionary Guard Corps' aerospace force, Iranian state news agency Irna reported on Saturday.
Mr Hatami served as defence minister from 2013 to 2021. He will replace Maj Gen Seyyed Abdulrahim Mousavi who will now lead the Iranian military as its chief of staff. Maj Gen Mousavi's predecessor, Mohammad Bagheri, was killed in the Israeli air strikes on Friday.
The new commander-in-chief of the elite Islamic Revolutionary Guard Corps is Brig Gen Mohammad Pakpour, who threatened to open “the gates of hell” in retaliation for Israel’s attacks. He joined the IRGC after the 1979 revolution, in which he fought armed groups in the Kurdistan region.
“In retribution for the blood of our fallen commanders, scientists and citizens, the gates of hell will soon be opened upon this child-killing regime,” he said upon assuming the role on Friday.
Iranian army spokesman Brig Gen Abolfazl Shekarchi said the four newly appointed commanders “will advance the path of their predecessors with full power”.
Lessons from the Iran-Iraq war
The eight-year war between Iran and Iraq shaped the Iranian military system, and its veterans are likely to draw lessons from there.
Maj Gen Hatami was part of the volunteer Basij forces during the conflict and was honoured for his pushback against the dissident militant group Mojahedin e-Khalq (MEK). Maj Gen Mousavi is also said to have played a leading role in the 1980s conflict.
Brig Gen Pakpour commanded frontline divisions during the Iran-Iraq war, including the elite 8th Najaf Ashraf and 31st Ashura units, where he was wounded in combat, according to Iranian news network Press TV.
“The old generation of Guards is very ideological, but it is also risk-averse because it knows the devastation of war,” said Hamidreza Azizi, a visiting fellow at the German Institute for International and Security Affairs.
The Iran-Iraq war equipped the Iranian military to replace its top brass at speed. “This is a system that endured the war with Iraq. They have been prepared for such a scenario,” Mr Azizi told The National.
The dwindling number of veterans, however, could pave the way “step-by-step” for a new generation of military leaders who will take a more gung-ho approach to combat, and be less willing to come to the negotiating table, Mr Azizi fears.
“If the Islamic Republic can survive this war we will see a totally new creation in terms of hardliners,” he said.
Dwindling chain of command
Six high-ranking commanders are believed to have been killed on Friday, including the head of the IRGC Hossein Salami.
The IRGC's aerospace force – which handles Iran’s missiles – was the hardest hit, losing its commander, Brig Gen Amir Ali Hajizadeh, alongside 20 other senior officers who had convened for a meeting.
The Guards will struggle to replace the aerospace force losses due to the large number of high-ranking officers killed, Mr Azizi said.
Two deputy commanders of the Iranian army were also killed in the Israeli attacks, Iranian state media reported on Saturday, without naming them or the time of their deaths.
Esmail Qaani, the leader of the Quds Force – a branch of the IRGC that supports Iran’s regional proxies – is also reported to have been killed on Friday, but no replacement has been announced yet.
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.”
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S24%20ULTRA
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The National selections
Al Ain
5pm: Bolereau
5.30pm: Rich And Famous
6pm: Duc De Faust
6.30pm: Al Thoura
7pm: AF Arrab
7.30pm: Al Jazi
8pm: Futoon
Jebel Ali
1.45pm: AF Kal Noor
2.15pm: Galaxy Road
2.45pm: Dark Thunder
3.15pm: Inverleigh
3.45pm: Bawaasil
4.15pm: Initial
4.45pm: Tafaakhor
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
COMPANY%20PROFILE
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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
On sale: Now
Schedule
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UAE currency: the story behind the money in your pockets
GROUPS AND FIXTURES
Group A
UAE, Italy, Japan, Spain
Group B
Egypt, Iran, Mexico, Russia
Tuesday
4.15pm: Italy v Japan
5.30pm: Spain v UAE
6.45pm: Egypt v Russia
8pm: Iran v Mexico
UAE currency: the story behind the money in your pockets
Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.
Company%20profile
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21 Lessons for the 21st Century
Yuval Noah Harari, Jonathan Cape
Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
The five pillars of Islam
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory