Israeli soldiers drive APCs near the border with Lebanon on Saturday. Tensions remain high at the border between the two countries. EPA
Israeli soldiers drive APCs near the border with Lebanon on Saturday. Tensions remain high at the border between the two countries. EPA
Israeli soldiers drive APCs near the border with Lebanon on Saturday. Tensions remain high at the border between the two countries. EPA
Israeli soldiers drive APCs near the border with Lebanon on Saturday. Tensions remain high at the border between the two countries. EPA


A potential war with Israel is forcing Lebanon's leaders to put on a show of unity


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November 01, 2023

On October 24, a singular tweet was posted on X, formerly known as Twitter. Youmna Gemayel, the daughter of Bashir Gemayel, the late leader of the mainly Christian Lebanese Forces militia and briefly Lebanon’s president-elect in 1982 before he was assassinated, displayed surprising conciliation in remarks she posted.

“We are not in favour of involving Lebanon in a war in which it has no involvement,” Ms Gemayel wrote, in reference to the Gaza conflict. “We are not for the unity of the arenas and the monopoly of decisions on war and peace ... However, if war is forced upon us, we will stand by every ‘Lebanese’, regardless of his sect, opinion, or affiliation.”

Ms Gemayel’s mention of the “unity of the arenas”, or “unity of the fronts”, strategy was a reference to Hezbollah’s alliance with the different groups in the so-called Axis of Resistance, so that Israel would potentially face simultaneous attacks on the Lebanese, Gazan, Syrian and potentially West Bank fronts in the event of a conflict.

Many parties and politicians in Lebanon’s Maronite Christian community, to which Ms Gemayel belongs, have been highly critical of Hezbollah’s efforts to link Lebanon’s fate to that of the Palestinian Hamas and Islamic Jihad, warning that this could lead the country towards destruction in any future war with Israel. The Christians were the principal foes of the Palestinian national movement in Lebanon between 1975 and 1982, and they took up arms against them in a step that contributed to leading the country into its civil war.

Youmna Gemayel tweet. Photo: @Youmna_Gemayel / X
Youmna Gemayel tweet. Photo: @Youmna_Gemayel / X
Samir Geagea, leader of the Christian Lebanese Forces party, has been remarkably subdued after the October 7 Hamas attack. AFP
Samir Geagea, leader of the Christian Lebanese Forces party, has been remarkably subdued after the October 7 Hamas attack. AFP
In the event of a new war and Lebanon’s destruction, no political force in the country opposed to Hezbollah wants this to lead to renewed sectarian clashes

Given this legacy, why was Ms Gemayel so keen to affirm a message of unity with Hezbollah, even though she pertinently pointed to the party’s “monopoly of decisions on war and peace”, which has completely sidelined the Lebanese state? Her reasons were unclear, but they reflected a more general tendency in the community to avoid a head-on clash with Hezbollah over a possible spread of the Gaza war to Lebanon.

Even more surprising was the attitude of the current Lebanese Forces leader, Samir Geagea, otherwise a relentless critic of Hezbollah. There was a point a few months ago when Mr Geagea made nearly daily declarations against the party, only for him to remain remarkably subdued after the October 7 Hamas attack. The exception was his interview with the French-language L’Orient-Le Jour last week.

In the interview, the usually forceful Mr Geagea sounded disabused, saying there was little the opposition could do to prevent Lebanon from joining the conflict over Gaza if Hezbollah decided to enter it. Mr Geagea was particularly critical of his main Christian rival, Gebran Bassil, who has been meeting Lebanon’s political forces in order to “protect Lebanon” and “reinforce national unity”, as Mr Bassil has said. Mr Geagea described Mr Bassil as someone with “no credibility and no clear initiative”.

While Mr Bassil’s initiative does indeed lack clarity, again it reflected the desire of a prominent Christian figure to act as national conciliator in the shadow of a possible war. Why this urge among Christian politicians who, whatever their ties with Hezbollah, share a view that Lebanon shouldn’t be part of a “unity of the arenas” scheme?

Mainly, it appears, to avoid a repetition of what happened in 2006. At the time, Hezbollah had emerged from the war with Israel facing an unpredictable mood in its own Shiite community. Shiite villages in the south had been destroyed, as had large neighbourhoods in the southern suburbs of Beirut, Hezbollah’s headquarters. To absorb discontent, Hezbollah had redirected Shiite anger against the government and its own domestic political rivals, many from different sects.

During the period between late 2006 and May 2008, Hezbollah had focused on securing a blocking third in the cabinet of Fouad Al Siniora – meaning a third of ministers plus one. This would have allowed it to control the agenda of a government dominated by its rivals, block legislation Hezbollah opposed, and permitted the party to reverse what had been achieved after Syria’s withdrawal from Lebanon in 2005, which Hezbollah had viewed as a strategic setback.

The refusal of the March 14 majority to accede to this led to a sit-in by the Hezbollah-led opposition, which further heightened sectarian tensions. Ultimately, a government decision in 2008 to prevent Hezbollah from expanding its private communications network led to a short, violent armed conflict, suggesting a return to the civil war years, before a conference sponsored by Qatar imposed a compromise that calmed all sides.

In the event of a new war and Lebanon’s destruction, no political force in the country opposed to Hezbollah wants this to lead to renewed sectarian clashes. If Hezbollah is weakened, all the better, but none of its critics wants to be accused of disloyalty, so that the party can redirect Shiite resentment against them and away from itself.

In this context, Youmna Gemayel’s tweet was especially relevant, as Hezbollah has long condemned Bashir Gemayel as a leader who allied himself with Israel. That she should have implicitly rejected such an accusation by implying that her community would stand with Hezbollah against Israel was significant, even though she has no political position.

The 2006 conflict showed many Lebanese that the aftermath of a war is often far more dangerous than war itself. That certain Christian leaders – in addition to non-Christian politicians, such as the Druze leader Walid Jumblatt – are conscious of this and can take positions that go against their natural instincts, is a sign of their sense of self-interest certainly, but also of maturity in a divided Lebanese society.

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One in nine do not have enough to eat

Created in 1961, the World Food Programme is pledged to fight hunger worldwide as well as providing emergency food assistance in a crisis.

One of the organisation’s goals is the Zero Hunger Pledge, adopted by the international community in 2015 as one of the 17 Sustainable Goals for Sustainable Development, to end world hunger by 2030.

The WFP, a branch of the United Nations, is funded by voluntary donations from governments, businesses and private donations.

Almost two thirds of its operations currently take place in conflict zones, where it is calculated that people are more than three times likely to suffer from malnutrition than in peaceful countries.

It is currently estimated that one in nine people globally do not have enough to eat.

On any one day, the WFP estimates that it has 5,000 lorries, 20 ships and 70 aircraft on the move.

Outside emergencies, the WFP provides school meals to up to 25 million children in 63 countries, while working with communities to improve nutrition. Where possible, it buys supplies from developing countries to cut down transport cost and boost local economies.

 

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Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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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.”

THE BIO

Mr Al Qassimi is 37 and lives in Dubai
He is a keen drummer and loves gardening
His favourite way to unwind is spending time with his two children and cooking

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The specs

Engine: 4-litre twin-turbo V8

Transmission: nine-speed

Power: 542bhp

Torque: 700Nm

Price: Dh848,000

On sale: now

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In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Updated: November 01, 2023, 4:00 AM