Syrian writer and activist Michel Kilo died of Covid-19 on April 19, 2021. AFP
Syrian writer and activist Michel Kilo died of Covid-19 on April 19, 2021. AFP
Syrian writer and activist Michel Kilo died of Covid-19 on April 19, 2021. AFP
Syrian writer and activist Michel Kilo died of Covid-19 on April 19, 2021. AFP

A Syrian hero has died, and the hope he carried risks dying with him


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  • Arabic

The start of the week brought with it two important milestones for Syria. On Sunday, the parliament in Damascus, loyal to President Bashar Al Assad, announced that presidential elections would be held on May 26. Even after 10 years of an uprising in which half a million died and half the country was displaced, the result is pre-ordained. Mr Al Assad will win.

A day later, Michel Kilo, a long-time dissident, intellectual and political prisoner who pioneered calls for democratic reform under Mr Al Assad’s regime and that of his father Hafez, died in exile in Paris from Covid-19. His death was mourned by a broad swathe of Syrians in exile and opponents of the regime who saw in Kilo a principled voice for freedom.

The alignment of the two events brought into sharp contrast the dire straits in which Syria finds itself. Its traumatic revolution became a civil war, there has been little progress on any of the uprising’s goals for reform and the road ahead appears to be even darker.

Let us start with the elections, which are being held next month under the shadow of the coronavirus pandemic and an economic crisis that appears to have no end in sight. The lack of progress in ongoing talks between Syrian factions in Geneva to achieve a new constitution has meant a dearth of reconstruction funds to rebuild the country. This is due to the intransigence of the regime in making any compromises with the opposition.

The government feels no need to do so because it won the war, but stringent sanctions, particularly by the US under the so-called Caesar Act, have all but arrested the possibility of an economic recovery and the government’s return to the good graces of the international community. Without the prospect of a recovery, in addition to the problem of widespread corruption in a country now run by victorious warlords, Syria’s economy has languished, unemployment has risen, the currency has collapsed and basic goods have become too expensive for people. The underreported toll of the pandemic has also contributed greatly to the population’s suffering, and it is unclear when vaccines may become widely available.

These are the second presidential elections since the war broke out. The first were in 2014, and Mr Al Assad, of course, won them handily, with over 90 per cent of the vote. The difference was, however, that Mr Al Assad’s victory in the war was not so assured back then, and the win was necessary to create a halo of legitimacy and “prove” that he was popular at a time when rebel groups were vying to uproot him. This time, the point is to rub his victory in, as evidenced by the rules of the game, which guarantee that only he can win another seven-year term.

These rules include, among others, that the candidates must have lived in Syria for the past 10 years. That, of course, eliminates the possibility of dissidents running – most of them fled the country during the conflict to avoid torture and death. Another rule requires that candidates win the endorsement of 35 MPs, in a parliament dominated by Baath party apparatchiks, loyalist oligarchs, militia leaders and war profiteers.

This sorry state is not what Kilo had in mind when he was jailed in the 1980s as a pro-democracy activist under Hafez Al Assad, when he took part in the hopeful Damascus Spring reform movement in Bashar’s early years or when he signed the Damascus Declaration in 2005 with 250 opposition figures calling for peaceful, gradual reform, landing him in jail again.

Kilo was an early supporter of the 2011 uprising, and warned against armed resistance to the regime, arguing that it would ultimately lead to civil war. For his troubles, and his focus on dialogue as the primary avenue for change, he was forced into exile, dying far away from home. While the uprising’s military defeat has been sealed for years now, his death, so soon after the announcement of sham elections, seemed to underscore a deeper sense of defeat, as though the very idea of resistance to a regime that brought so much suffering and destruction was itself dying.

As I scrolled through the tributes for Kilo on social media, one translated excerpt of his writings stopped me in my tracks. In it, he recounts an experience in prison, where a guard takes him to another cell where a woman has been living for years with her young boy, who was born in detention. The guard, at great risk, asks Kilo to tell the child a story.

As he begins telling him the first story involving a bird, the boy is bewildered, and Kilo realises he has never seen a bird. He did not know what the Sun or the mountains were either. He did not even have an official name, having not been registered in any records. After some minutes of silence, the guard calls Kilo back to his cell and asks if he managed to tell the boy a story, but his own tears are answer enough.

Kilo’s death, and those of others like him, may now extinguish the prospect of seeing the sunlight outside the prison of tyranny. I hope it doesn’t.

Kareem Shaheen is a veteran Middle East correspondent in Canada and a columnist for The National

TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%208
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Another way to earn air miles

In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.

An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.

“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.

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.”

WISH
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The%20specs
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The specs: 2018 Genesis G70

Price, base / as tested: Dh155,000 / Dh205,000

Engine: 3.3-litre, turbocharged V6

Gearbox: Eight-speed automatic

Power: 370hp @ 6,000rpm

Torque: 510Nm @ 1,300rpm

Fuel economy, combined: 10.6L / 100km