Last week, sympathisers of the country's former dictator, Omar Al Bashir, launched a failed coup attempt. AFP
Last week, sympathisers of the country's former dictator, Omar Al Bashir, launched a failed coup attempt. AFP
Last week, sympathisers of the country's former dictator, Omar Al Bashir, launched a failed coup attempt. AFP
Last week, sympathisers of the country's former dictator, Omar Al Bashir, launched a failed coup attempt. AFP


Is Sudan now coup-proof?


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September 28, 2021

Sudan won its independence in 1956. Since then, the country's military has been a powerful political force for more than 50 years. For the most part, it was not a happy period, culminating in the 29-year rule of Omar Al Bashir, who ran the country into poverty and international isolation. Then, in one of the most important events in the country’s history, the Sudanese people ousted him.

The popular uprising has put political power back in the hands of the people. It was hard won, and will continue to be so. Last week, when citizens and officers loyal to Al Bashir attempted a coup, the country was reminded that supporters of the previous regime continue to desire a central role in politics. . As the episode demonstrated, Al Bashir’s legacy still has the potential to derail progress.

In a recent interview with The National, the country's foreign minister, Mariam Al Mahdi, described the coup attempt as a bid to “dampen the beacon of real democracy flashing in Sudan”. That it failed shows the new Sudan is strong enough to withstand high-level subversion. But the country is not stable yet, and Dr Al Mahdi was clear that it might be entering a period of particularly high political tension as the joint civilian-military Transitional Partners Council confronts the issue of whether it should hand Al Bashir to the International Criminal Court.

Al Bashir should see justice to the maximum degree possible. His corruption is well-documented in Sudan and he is wanted by the ICC for a host of charges related to the conflict in Darfur that left more than 300,000 dead and displaced millions.

But in the new, fragile era of Sudanese politics, in which competing interests are often at loggerheads, what is right in an ideal world must be balanced against the risk of putting a shaky new order under stress it cannot handle.

For 29 years, the country's political system was built around the absolute power of one man. It is unrealistic to believe a representative, fully functioning government can emerge so soon after.

Political wrangling, therefore, should be expected and worked through. What must at all costs be avoided is a return to violence. Last week saw a narrow escape from such an outcome.

In her interview Dr Al Mahdi was confident enough to claim that the new Sudan is coup-proof. This is bold, but encouraging, particularly from a politician whose own democratically elected father was ousted by Al Bashir in 1989.

And while the current situation might be tense, there is potential to rebuild in almost every area of the country's politics and economy. Sudan has already been taken off the US's state sponsors of terrorism list. It is currently pursuing membership of the World Trade Organisation, something that is in reach now that it is repairing ties with Israel, ending an era of anti-Semitism and boycotts under Al Bashir.

As work carries on at home, the international community should continue to offer help across Sudan's economy and society. Bumps on the road can remain just that if all parties keep a level head, expect understandable difficulties and completely reject a return to violence.

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Haircare resolutions 2021

From Beirut and Amman to London and now Dubai, hairstylist George Massoud has seen the same mistakes made by customers all over the world. In the chair or at-home hair care, here are the resolutions he wishes his customers would make for the year ahead.

1. 'I will seek consultation from professionals'

You may know what you want, but are you sure it’s going to suit you? Haircare professionals can tell you what will work best with your skin tone, hair texture and lifestyle.

2. 'I will tell my hairdresser when I’m not happy'

Massoud says it’s better to offer constructive criticism to work on in the future. Your hairdresser will learn, and you may discover how to communicate exactly what you want more effectively the next time.

3. ‘I will treat my hair better out of the chair’

Damage control is a big part of most hairstylists’ work right now, but it can be avoided. Steer clear of over-colouring at home, try and pursue one hair brand at a time and never, ever use a straightener on still drying hair, pleads Massoud.

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

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

Updated: September 28, 2021, 6:43 AM