Tulsi Gabbard’s appointment to the Trump administration has provoked alarm among some politicians, who speak of her views on Russia and her meeting with Bashar Al Assad in 2017. Bloomberg
Tulsi Gabbard’s appointment to the Trump administration has provoked alarm among some politicians, who speak of her views on Russia and her meeting with Bashar Al Assad in 2017. Bloomberg
Tulsi Gabbard’s appointment to the Trump administration has provoked alarm among some politicians, who speak of her views on Russia and her meeting with Bashar Al Assad in 2017. Bloomberg
Tulsi Gabbard’s appointment to the Trump administration has provoked alarm among some politicians, who speak of her views on Russia and her meeting with Bashar Al Assad in 2017. Bloomberg

Senate confirms Tulsi Gabbard, who met Assad in Syria, to lead US intelligence


Ellie Sennett
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The US Senate on Wednesday confirmed Tulsi Gabbard as Donald Trump's Director of National Intelligence, demonstrating that even the President's most controversial appointments will receive support from his few remaining sceptics in the Republican Party.

Ms Gabbard, a former Democratic congresswoman, has aligned herself with the positions of some of Washington's historic adversaries, including Russia, and has defended an hours-long meeting with ousted Syrian president Bashar Al Assad in Damascus in 2017.

Her appointment to the Trump cabinet was considered among the most difficult to achieve but she clinched the nomination in a 52-48 vote, with former Republican Senator Mitch McConnell representing the party's only dissenting vote.

While the vote unfolded mainly along partisan lines, the harsh divides of the moment were otherwise unseen on the Senate floor.

Senator Jim Risch, the Republican chairman of the Foreign Relations Committee and a "yes" voter, was seen laughing and conversing with the committee's top Democrat, Senator Jeanne Shaheen, throughout the floor proceedings.

Ms Gabbard managed to earn the endorsement of Republican senators who had previously been sceptical of her nomination, including Lisa Murkowski, who announced that while she “continues to have concerns about certain positions [Ms Gabbard] has previously taken, I appreciate her commitment to rein in the outsized scope of the agency".

Majority Leader John Thune, in a Senate floor speech before the confirmation vote, pushed back against the notion of his party demanding blind loyalty to the US President, despite nearly every member falling in line to advance two of his most controversial nominees, including Ms Gabbard and Robert F Kennedy, Jr.

"What's interesting about both of these nominees is that both are former Democrats. In fact, a year ago they were Democrats," he said. "I make that observation only because there's a lot of talk these days about loyalty oaths and allegiance and purity tests for people to be considered good enough to be in the so-called Maga [Make America Great Again] movement. And yet, when it comes to Democrats, a very different standard seems to be being applied here."

He added that "the mandate given by the American people in November" shows they desire a "different track" in the country. "They have a different set of priorities than is being articulated here in the United States Senate."

Ms Gabbard's selection to lead US intelligence with no experience in the field is in line with Mr Trump's promise to shake up the country's political establishment. She has a long track record of criticising the intelligence community she now leads.

She condemned Washington's “weaponisation of intelligence” and the invasion of Iraq – which came after a campaign of false claims that Saddam Hussein's regime possessed weapons of mass destruction – as one of the clearest examples of a flawed intelligence apparatus.

“This disastrous decision led to the deaths of tens of thousands of American soldiers, millions of people in the Middle East, mass migration undermining the security and stability of our European allies, the rise of ISIS, the strengthening of Al Qaeda and other Islamist jihadist groups, and the strengthening of Iran,” she said at her confirmation hearing.

She also expressed doubts on assessments that Mr Al Assad had used chemical weapons against Syrians and made statements in support of WikiLeaks founder Julian Assange. At her confirmation hearing, she clarified that she now does believe the former Syrian president used chemical weapons.

The Senate Intelligence Committee approved her confirmation to a final floor vote last week, also along partisan lines, after critical Republican Senator Todd Young said he would endorse her following the receipt of a letter in which Ms Gabbard committed to ensuring "that our intelligence professionals will be supported".

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Transmission: seven-speed automatic

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HIV on the rise in the region

A 2019 United Nations special analysis on Aids reveals 37 per cent of new HIV infections in the Mena region are from people injecting drugs.

New HIV infections have also risen by 29 per cent in western Europe and Asia, and by 7 per cent in Latin America, but declined elsewhere.

Egypt has shown the highest increase in recorded cases of HIV since 2010, up by 196 per cent.

Access to HIV testing, treatment and care in the region is well below the global average.  

Few statistics have been published on the number of cases in the UAE, although a UNAIDS report said 1.5 per cent of the prison population has the virus.

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.”

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UAE currency: the story behind the money in your pockets

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Dubai Bling season three

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UAE currency: the story behind the money in your pockets
Updated: February 13, 2025, 10:58 PM