The Taliban lack many things – a functioning economy, healthcare system, internal consent and stability – but they do not lack countries willing to pay for them to climb aboard executive jets and be treated as a government abroad. Taliban leaders have been to Russia, China and Norway, as well as frequent trips to the Middle East, and to an international conference on Afghanistan in Tashkent at the end of last month, where they were treated as the de facto administration by representatives of more than 20 countries including the US.
Engagement will not necessarily lead to recognition. No country is willing to confer this without the Taliban moving towards a more inclusive government. But far from becoming more inclusive, the Taliban administration has less representation from Afghanistan’s many minorities than in the early months of its rule. All key members of the administration are Pashtun, the largest ethnic minority, and that does not look as if it will change any time soon. The most high-profile non-Pashtun military commander, Mehdi Mujahed, who is a Hazara, defected with his fighters this year, and his home district has recently faced brutal Taliban reprisals.
The Taliban know the two international demands that would make recognition more likely – a more broadly based representative government and the re-opening of girls’ schools – and they have turned their backs on both.
In this vacuum of legitimacy, the Taliban are increasingly falling into the embrace of regimes the West considers to be its rivals, according to Tamim Asey, who co-founded the Institute of War and Peace Studies in Kabul. “If you see statements from the Taliban Ministry of Foreign Affairs, they're increasingly raising voices on positions aligned with China, Russia and Iran,” he said.
That’s what makes the engagement of other Central Asian powers, in particular Uzbekistan, so important, as a more neutral venue for wider international engagement with the Taliban than is possible in China and Russia. The Tashkent conference was only the latest move from a government keen to avoid a repeat the mistakes of the 1990s, when lack of engagement with Afghanistan during its civil war and the first Taliban administration led to an upsurge in extremist violence in Uzbekistan.
Engagement with the Taliban will not necessarily lead to recognition of it
Uzbekistan walks a narrow tightrope of neutrality. Since breaking free of Moscow at the collapse of the Soviet Union in the early 1990s, it has twice been part of the Collective Security Treaty Organisation (CSTO) that Russia put in place as an attempted replacement, but it resigned both times – the last in 2014. Uzbek President Shavkat Mirziyoyev is an enthusiastic member of China’s main initiative in the region, the Shanghai Co-operation Organisation, and hosts its counterterrorism committee.
His relations with the Taliban are complex. He wants the group to cut links with international terrorists, including the Islamic Movement of Uzbekistan, which has bases inside Afghanistan. But the Taliban’s promises look valueless after the killing of Al Qaeda leader Ayman Al Zawahiri in downtown Kabul, in a house believed to have been under the control of the Interior Minister Sirajuddin Haqqani.
At the same time, Mr Mirziyoyev has the delicate problem that the Taliban want him to return Afghan air force planes, many of which ended up in his country as pilots fled for their lives, saving their planes from the Taliban last August. His landlocked country stands to benefit if he could unlock the huge potential of better connectivity, with road and rail links across Afghanistan, plans discussed with the Taliban at the Tashkent conference.
Both Uzbekistan and its eastern neighbour Tajikistan have strong links with large ethnic minorities in Afghanistan. Tajikistan has remained a member of the CSTO, and it hosts India’s only overseas airbase. It is now playing a more assertive role than Uzbekistan in providing a home for opposition to the Taliban, as it did in the late 1990s during the last Taliban administration, when Ahmed Shah Massoud, an ethnic Tajik, held a long narrow wedge of land in north-eastern Afghanistan, across the river from Tajikistan. His son Ahmad Massoud, the leader of the most active armed opposition group today, is based there, and Emomali Rahmon, Tajikistan President since 1994, has told all other opposition groups that they are under Mr Massoud’s leadership.
The growing potential threat from these Tajikistan-based groups has led to strengthening of border defences on the Taliban side of the border, which runs along the Amu Darya river, here very narrow and easy to cross. Fawzia Koofi, who was member of the Afghan parliament for the border region until the fall of Kabul last August, asks “where are they finding the money to build military bases?” She is concerned that her former constituents are joining the new border force as they have no other job opportunities.
Ms Koofi was one of the government negotiators in the failed peace talks with the Taliban last year. She wants the international community to support a “government-in-exile” just as it housed the Taliban in Doha. “I am not a woman from the diaspora,” she said. “I am an Afghan woman who had to leave for a short period of time. I still have good contacts and am amplifying the voices of women in Afghanistan.”
The Taliban’s main regional backer, Pakistan, has been trying for 40 years to install a compliant government in Kabul, but is finding the reality complex. The Taliban still provide a haven to thousands of fighters from the TTP, the Pakistani Taliban, a group fighting against Islamabad. And there have been border clashes between the Afghan Taliban and Pakistani forces.
But for all the problems, Pakistan wields significant influence, particularly through its madrassa system, which informs the brand of Islamic thought now taking centre stage as the Taliban administration imposes its will. The analyst Andrew Watkins reported that when the Taliban leader Haibatullah Akhunzada made a speech recently demanding a return to harsher punishment for offenders, including stoning and amputations, there was an upsurge of support on Taliban social media. Keeping girls’ schools closed and imposing harsh punishments are both valuable tools as the Taliban compete for recruits with other extremist groups.
Given these tighter restrictions, it is hard for the Taliban’s opponents to stay hopeful a year after the fall of the republic. “I was more hopeful last year,” said Ms Koofi. In the early days, it seemed that the Taliban would open girls’ schools and not be so strict. But now “we are further away from a political solution”. Conflict rather than dialogue now looks the likeliest way forward for Afghanistan.
SPECS
Nissan 370z Nismo
Engine: 3.7-litre V6
Transmission: seven-speed automatic
Power: 363hp
Torque: 560Nm
Price: Dh184,500
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.”
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Company%20profile
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BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
Company%C2%A0profile
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Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
UAE currency: the story behind the money in your pockets
Chelsea 2 Burnley 3
Chelsea Morata (69'), Luiz (88')
Burnley Vokes (24', 43'), Ward (39')
Red cards Cahill, Fabregas (Chelsea)
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
COMPANY%20PROFILE%20
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UAE currency: the story behind the money in your pockets
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Top%2010%20most%20competitive%20economies
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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
Tesalam Aleik
Abdullah Al Ruwaished
(Rotana)
The biog
Name: Abeer Al Shahi
Emirate: Sharjah – Khor Fakkan
Education: Master’s degree in special education, preparing for a PhD in philosophy.
Favourite activities: Bungee jumping
Favourite quote: “My people and I will not settle for anything less than first place” – Sheikh Mohammed bin Rashid.
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SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2)
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Despacito's dominance in numbers
Released: 2017
Peak chart position: No.1 in more than 47 countries, including the United States, the United Kingdom, Australia and Lebanon
Views: 5.3 billion on YouTube
Sales: With 10 million downloads in the US, Despacito became the first Latin single to receive Diamond sales certification
Streams: 1.3 billion combined audio and video by the end of 2017, making it the biggest digital hit of the year.
Awards: 17, including Record of the Year at last year’s prestigious Latin Grammy Awards, as well as five Billboard Music Awards
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
The specs
Engine: 2x201bhp AC Permanent-magnetic electric
Transmission: n/a
Power: 402bhp
Torque: 659Nm
Price estimate: Dh200,000
On sale: Q3 2022
SECRET%20INVASION
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