In the lead-up to the just-concluded presidential election in Iran, Azar Mansouri held a news conference to make one thing clear: the Iranian Reformist Front, an umbrella of reformist parties she has headed since last year, will partake in the vote only if its candidates are allowed to run.
It was a clear message to the Guardian Council, a candidate-vetting body whose members owe their loyalty to the nation’s supreme leader, Ayatollah Ali Khamenei. Ms Mansouri was effectively telling the Council that if it disqualifies its candidates, the IRF will sit out the elections, further reducing the legitimacy of the vote.
This decision amounted to a departure from 2013 and 2017, when the IRF backed the non-reformist, but centrist, president Hassan Rouhani. And so, it was a daring move from a political movement that has spent the past few years in the wilderness. But it was a call that was borne of frustration.
None of the IRF’s candidates were allowed to run in the previous presidential election, in 2021, or in the 2020 and 2024 parliamentary elections. The Guardian Council’s decision to keep reformists out angered many Iranians who sat out those elections, dragging the voter turnout to below 50 per cent.
When hardliner president Ebrahim Raisi died in a helicopter crash last May, elections had to be hastily organised. It gave Ms Mansouri the opportunity to issue an ultimatum to the establishment. Her gamble worked.
While two of the three candidates it backed were disqualified, Dr Masoud Pezeshkian was given the green light. The IRF threw all its weight behind his candidacy and collected endorsements of key reformist grandees, such as former president Mohammad Khatami, on his behalf. The rest is history, as Dr Pezeshkian went on to win last weekend.
The President-elect’s campaign featured many high-profile centrist figures, including the “Two Javads” – Mohammad Javad Zarif and Mohammad Javad Azari Jahromi, both former ministers in Mr Rouhani’s cabinet. But perhaps no other politician had as key a role to play in Dr Pezeshkian’s nomination, and eventual victory, than Ms Mansouri.
Pezeshkian’s campaign featured many moderate figures, including the 'Two Javads', but no other politician had as key a role to play in his victory than Mansouri
A rare female voice in a male-dominated political class, Ms Mansouri built much of her political career in the era of reformists. She is not known to make barnstorming speeches or hold key administrative positions, but she has a reputation for hard bargaining behind closed doors.
Her career dates back to the movement’s rise in the late 1990s. Born in 1964 in Shahre Rey, near Tehran, she has a master’s degree in history. A court order put a stop to her PhD programme, coming at the cost for her political work. And yet much credit goes to her for keeping the reformist movement relevant in Iran’s political scene.
Ms Mansouri advised Mr Khatami and helped him organise his successful presidential campaign in 1997. Two years later, she was elected to Varamin’s city council, where she served until 2003. She was also active in one of the main reformist political parties, eventually becoming its deputy leader.
But the hardliner Mahmoud Ahmadinejad’s rise to the presidency in 2005 didn’t augur well for her or the movement she represented, as the judiciary shut down a number of reformist parties and jailed several of its politicians. Ms Mansouri was herself sentenced to three years in 2009.
She continued her political work upon her release, serving as part of the leadership of another reformist party. But even as she was allowed to carry out her work during the Rouhani years, she was unable to run in most elections or even organise. In 2020, for instance, she sought to run for Parliament but was denied.
Her disqualification came as no surprise, especially following her vociferous denouncement of the repression of popular protests that broke out in November 2019. These demonstrations, sparked by a fuel price hike, called for the rejection of the regime.
Even as many in the Rouhani administration kept mum while hundreds were killed by the security forces, Ms Mansouri was one of several leaders to condemn the repression. She was just as assertive during the Women, Life, Freedom protests that broke out in 2022 after the death in custody of a young woman for allegedly not veiling properly.
Ms Mansouri has had to walk a tightrope throughout her political career, but she has shown great acumen to survive in the competitive world of politics.
In a society that has long moved past the regime’s set of ideologies, she still heads a party that pledges support to the late Ayatollah Ruhollah Khomeini, the man who founded the republic. While she never endorsed any calls to change the regime, and always pledged non-violence, she also repeatedly condemned the repression of protesters.
Two years ago, she was sentenced to a year in prison and was handed a two-year ban from social work over her support for the 2019 and 2022 protesters. Yet her determination to keep at arm’s length those seeking to overthrow the regime and channel some of the dissenting voices have put her in a unique position. This possibly explains why she was invited to meetings held by regime officials in an acknowledgment of the domestic opposition. (It’s worth noting here that Ms Mansouri quit these meetings after one protester was executed.)
She recently also denounced Israel’s “genocide” in Gaza. But rather than calling for the destruction of Israel, which is the regime’s stated intention, she sought a way to “stop this aggression and occupation is recognition of an independent Palestinian state”.
Ever since she was elected leader of her party in 2021, a rare achievement for a woman, and then leader of the IRF, Ms Mansouri has maintained the upper hand in the reformist camp. Her stand against those reformists who “believe that we should take part in the elections under any conditions” has been well appreciated, as has her insistence that “society shouldn’t believe we will accept any indignity just to have a hand in power”.
Even after Dr Pezeshkian’s victory, she has pledged to continue working on the causes close to her heart. “We will continue our demands,” she said. “We, the forces demanding change, have come out with all our power, despite all of our limitations.”
Ms Mansouri’s influence in Iranian politics can be best illustrated by a phone call she received from interim President Mohammad Mokhber, who sought to assuage her concerns about any electoral irregularities. It is this level of influence that could well secure her a position in Dr Pezeshkian’s cabinet – perhaps even as a vice president.
Whatever role she gets in the new government, if she does, there is little doubt that her voice will be well and truly heard.
French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
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
Super Rugby play-offs
Quarter-finals
- Hurricanes 35, ACT 16
- Crusaders 17, Highlanders 0
- Lions 23, Sharks 21
- Chiefs 17, Stormers 11
Semi-finals
Saturday, July 29
- Crusaders v Chiefs, 12.35pm (UAE)
- Lions v Hurricanes, 4.30pm
Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
COMPANY%20PROFILE
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THREE
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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 Birkin bag is made by Hermès.
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
Company%20profile
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What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
'The worst thing you can eat'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
How Voiss turns words to speech
The device has a screen reader or software that monitors what happens on the screen
The screen reader sends the text to the speech synthesiser
This converts to audio whatever it receives from screen reader, so the person can hear what is happening on the screen
A VOISS computer costs between $200 and $250 depending on memory card capacity that ranges from 32GB to 128GB
The speech synthesisers VOISS develops are free
Subsequent computer versions will include improvements such as wireless keyboards
Arabic voice in affordable talking computer to be added next year to English, Portuguese, and Spanish synthesiser
Partnerships planned during Expo 2020 Dubai to add more languages
At least 2.2 billion people globally have a vision impairment or blindness
More than 90 per cent live in developing countries
The Long-term aim of VOISS to reach the technology to people in poor countries with workshops that teach them to build their own device
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
CHINESE GRAND PRIX STARTING GRID
1st row
Sebastian Vettel (Ferrari)
Kimi Raikkonen (Ferrari)
2nd row
Valtteri Bottas (Mercedes-GP)
Lewis Hamilton (Mercedes-GP)
3rd row
Max Verstappen (Red Bull Racing)
Daniel Ricciardo (Red Bull Racing)
4th row
Nico Hulkenberg (Renault)
Sergio Perez (Force India)
5th row
Carlos Sainz Jr (Renault)
Romain Grosjean (Haas)
6th row
Kevin Magnussen (Haas)
Esteban Ocon (Force India)
7th row
Fernando Alonso (McLaren)
Stoffel Vandoorne (McLaren)
8th row
Brendon Hartley (Toro Rosso)
Sergey Sirotkin (Williams)
9th row
Pierre Gasly (Toro Rosso)
Lance Stroll (Williams)
10th row
Charles Leclerc (Sauber)
arcus Ericsson (Sauber)
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
More on Quran memorisation: