• A protester stands next to the pictures of protesters who were killed in clashes with security forces during the anti-government protests at Tahrir Square in central Baghdad. EPA
    A protester stands next to the pictures of protesters who were killed in clashes with security forces during the anti-government protests at Tahrir Square in central Baghdad. EPA
  • People hold up a picture of a slain protester as they gather with national flags for a demonstration in Tahrir Square in the centre of Iraq's capital Baghdad. AFP
    People hold up a picture of a slain protester as they gather with national flags for a demonstration in Tahrir Square in the centre of Iraq's capital Baghdad. AFP
  • A demonstrator gestures during a protest to mark the first anniversary of the anti-government protests in Basra, Iraq on October 1, 2020. AP Photo
    A demonstrator gestures during a protest to mark the first anniversary of the anti-government protests in Basra, Iraq on October 1, 2020. AP Photo
  • A protester waves the Iraqi national flag during a demonstration at the Al-Firdus square in central Baghdad. EPA
    A protester waves the Iraqi national flag during a demonstration at the Al-Firdus square in central Baghdad. EPA
  • Demonstrators play the role of detainees as they gather to mark the first anniversary of the anti-government protests at Tahrir Square in Baghdad. Reuters
    Demonstrators play the role of detainees as they gather to mark the first anniversary of the anti-government protests at Tahrir Square in Baghdad. Reuters
  • Protesters walk next to a wall with graffiti near Tahrir square in central Baghdad. EPA
    Protesters walk next to a wall with graffiti near Tahrir square in central Baghdad. EPA
  • Women light candles and pray for the victims of protests at Tahrir Square in central Baghdad. EPA
    Women light candles and pray for the victims of protests at Tahrir Square in central Baghdad. EPA
  • Demonstrators gather to mark the first anniversary of the anti-government protests, in Najaf, Iraq. Reuters
    Demonstrators gather to mark the first anniversary of the anti-government protests, in Najaf, Iraq. Reuters
  • Demonstrators light candles to mark the first anniversary of the anti-government protests in Basra, Iraq. AP Photo
    Demonstrators light candles to mark the first anniversary of the anti-government protests in Basra, Iraq. AP Photo
  • A protester lights candles and prays for the victims of protests at Tahrir Square in central Baghdad. EPA
    A protester lights candles and prays for the victims of protests at Tahrir Square in central Baghdad. EPA
  • Men prepare torches as Iraqi demonstrators gather to mark the first anniversary of the anti-government protests, in Najaf. Reuters
    Men prepare torches as Iraqi demonstrators gather to mark the first anniversary of the anti-government protests, in Najaf. Reuters
  • Protesters carry the Iraqi national flag as they stand on concrete blocks which are used by security forces to block the Al-Jumhuriya bridge, close to Tahrir square in central Baghdad. EPA
    Protesters carry the Iraqi national flag as they stand on concrete blocks which are used by security forces to block the Al-Jumhuriya bridge, close to Tahrir square in central Baghdad. EPA
  • Iraqis carry the Iraqi national flag and chant slogans during a demonstration at Tahrir square in central Baghdad. EPA
    Iraqis carry the Iraqi national flag and chant slogans during a demonstration at Tahrir square in central Baghdad. EPA
  • Protesters wave Iraqi national flags as they gather for a demonstration in Tahrir Square in the centre of Iraq's capital Baghdad. AFP
    Protesters wave Iraqi national flags as they gather for a demonstration in Tahrir Square in the centre of Iraq's capital Baghdad. AFP
  • Iraqi protesters wave the national flag as they gather for a demonstration in Tahrir Square in the centre of Iraq's capital Baghdad. AFP
    Iraqi protesters wave the national flag as they gather for a demonstration in Tahrir Square in the centre of Iraq's capital Baghdad. AFP

The country where US elections matter almost as much as in America


  • English
  • Arabic

If I was an American voter (and I am not), I would be a single-issue voter. That single issue would be Iraq. Unfortunately for me, and close to 40 million other Iraqis, there are hardly any American voters who would choose Iraq as the single issue that determines how they vote. And while Iraq featured as an issue to consider during the elections in 2004 and 2008, in 2020 it has hardly been referred to on the campaign trail. The one reference made to Iraq by the incumbent President concerns troop withdrawal – linked in with Afghanistan. President Donald Trump promises to reduce American presence in both countries.

Since 1990, Iraq has, in one way or the other, been impacted by which presidential candidate America chooses, the President’s approach to foreign policy and what domestic pressures the commander-in-chief faces that leads to particular foreign policy measures. The re-election of George W Bush in 2004 was, in part, due to his pledge to wage a “war on terror”. In 2008, Barack Obama promised “to end the war”, which effectively meant withdrawing troops from Iraq without really ending the violence there. Both presidents left their marks on Iraq and its trajectory through their foreign policy doctrines. This is less the case during the Trump administration, partly because, 17 years after the war that removed Saddam Hussein, Iraq is less consequential to the United States.

The presidential elections of 2020 will have far-reaching ramifications because of the different approaches of the two candidates. And while American strategic interests will ultimately determine the wide strokes of US foreign policy, whether Donald Trump or Joe Biden wins next month, their approach to Iraq would vary.

US soldiers have been in Iraq for nearly two decades. AFP
US soldiers have been in Iraq for nearly two decades. AFP

Over nearly four years, Mr Trump’s position on Iraq was largely dictated by two strategic interests: defeating ISIS and confronting Iran and its expansionist regional policies. On ISIS, Mr Trump can claim victory with the killing of ISIS leader Abu Bakr Al Baghdadi and preventing the militant group from holding Iraqi territory anymore. One of the defining factors for Mr Trump’s handling of Iraq, compared to his predecessor, is his administration’s clear understanding of Iran’s role in destabilising the country. While Obama administration officials would often repeat the mantra that Iran has a “natural role in Iraq”, Trump administration officials reject the idea of Iran wielding control over small armies of militias in the country and over-extending its reach in political decision-making in Baghdad.

The decision to target the most high profile Iranian general, Quds Force commander Qassem Suleimani, in January in Baghdad was part of a wider strategy to curtail Iran’s military activities in the region. Targeted drone strikes have been part of America’s toolkit for some time, but in this case, one was used against a well-known official representing a state. The hit on Suleimani was the clearest signal from the US that it will not continue to appease Iran and its military ambitions in Iraq.

However, that might change if the US ends up with a Biden presidency. Mr Biden and the foreign policy team that worked with him under the Obama administration and on the campaign have had a track record of trying to accommodate Iran. In an op-ed published on CNN.com last month, Mr Biden said “I will offer Tehran a credible path back to diplomacy”, while promising “if Iran chooses confrontation, I am prepared to defend our vital interests and our troops”. However, Mr Biden does not see Iraq as part of his country’s vital interests.

  • First-time voter Vanessa Sinnott, who became an American citizen three years ago, waits in line at City Hall to cast her ballot for the upcoming presidential election as early voting begins in New Orleans, Louisiana, USA. Reuters
    First-time voter Vanessa Sinnott, who became an American citizen three years ago, waits in line at City Hall to cast her ballot for the upcoming presidential election as early voting begins in New Orleans, Louisiana, USA. Reuters
  • John Eddy, 52, gestures as he collects absentee ballots from voters as they drive past the Cuyahoga County Board of Elections in Cleveland, Ohio. AFP
    John Eddy, 52, gestures as he collects absentee ballots from voters as they drive past the Cuyahoga County Board of Elections in Cleveland, Ohio. AFP
  • Election official Scott Hagara, right, checks in a voter at the board of elections headquarters during early voting in Painesville, Ohio. AFP
    Election official Scott Hagara, right, checks in a voter at the board of elections headquarters during early voting in Painesville, Ohio. AFP
  • A voter fills an official mail-in ballot answering the proposition 22 question in Los Angeles, California. EPA
    A voter fills an official mail-in ballot answering the proposition 22 question in Los Angeles, California. EPA
  • A woman looks at sample ballots while waiting at City Hall to cast her ballot for the upcoming presidential election as early voting begins in New Orleans, Louisiana. Reuters
    A woman looks at sample ballots while waiting at City Hall to cast her ballot for the upcoming presidential election as early voting begins in New Orleans, Louisiana. Reuters
  • Residents of Cuyahoga county fill out paper ballots for early, in person voting at the board of elections office in downtown Cleveland, Ohio. AFP
    Residents of Cuyahoga county fill out paper ballots for early, in person voting at the board of elections office in downtown Cleveland, Ohio. AFP
  • Supporters look to the stage from their car as Democratic presidential candidate former Vice President Joe Biden speaks at Michigan State Fairgrounds in Novi, Michigan. AP Photo
    Supporters look to the stage from their car as Democratic presidential candidate former Vice President Joe Biden speaks at Michigan State Fairgrounds in Novi, Michigan. AP Photo
  • A supporter records Democratic Presidential candidate and former US Vice President Joe Biden as he speaks at a car rally at the Michigan State Fairgrounds in Detroit, Michigan. AFP
    A supporter records Democratic Presidential candidate and former US Vice President Joe Biden as he speaks at a car rally at the Michigan State Fairgrounds in Detroit, Michigan. AFP
  • US Democratic presidential candidate Joe Biden walks towards a stage to deliver remarks during a voter mobilization event at the Michigan State Fairgrounds in Novi, Michigan. Reuters
    US Democratic presidential candidate Joe Biden walks towards a stage to deliver remarks during a voter mobilization event at the Michigan State Fairgrounds in Novi, Michigan. Reuters
  • US Democratic presidential candidate Joe Biden speaks to journalists before boarding his campaign plane following campaign stops, at the Detroit Metropolitan Wayne County Airport in Romulus, Michigan. Reuters
    US Democratic presidential candidate Joe Biden speaks to journalists before boarding his campaign plane following campaign stops, at the Detroit Metropolitan Wayne County Airport in Romulus, Michigan. Reuters
  • Democratic Georgia State Representative Vernon Jones, a supporter of Republican US President Donald J. Trump, surfs the crowd before Trump arrives to participate in his Make America Great Again Rally campaign event at Middle Georgia Regional Airport in Macon, Georgia. EPA
    Democratic Georgia State Representative Vernon Jones, a supporter of Republican US President Donald J. Trump, surfs the crowd before Trump arrives to participate in his Make America Great Again Rally campaign event at Middle Georgia Regional Airport in Macon, Georgia. EPA
  • US President Donald J. Trump dances after speaking during his Make America Great Again Rally campaign event at Middle Georgia Regional Airport. EPA
    US President Donald J. Trump dances after speaking during his Make America Great Again Rally campaign event at Middle Georgia Regional Airport. EPA
  • US President Donald J. Trump gestures to supporters after speaking at his Make America Great Again Rally campaign event at Middle Georgia Regional Airport. EPA
    US President Donald J. Trump gestures to supporters after speaking at his Make America Great Again Rally campaign event at Middle Georgia Regional Airport. EPA
  • Attendees cheer and hold up signs as US President Donald Trump speaks at a campaign rally in Macon, Georgia. AFP
    Attendees cheer and hold up signs as US President Donald Trump speaks at a campaign rally in Macon, Georgia. AFP

More importantly, Iraqis are weary of the possibility of a Biden administration due to his historical stance on Iraq. As Senator, Mr Biden advocated for the division of Iraq along crude sectarian and ethnic lines. His proposed “Biden plan”, developed with senior adviser Leslie Gelb, in 2006 proposed a division of Iraq that troubles Iraqis until today. Mr Biden lobbied in Washington and at the UN for the proposal. If he were voted in, Iraqis would be looking for reassurances that he would not try to resuscitate this destructive proposal. Otherwise, militants from a variety of political viewpoints will seek to weaken the Iraqi state and take advantage of the disarray a perception of American support for division could create.

US President Donald Trump and First Lady Melania Trump greet members of the US military during an unannounced trip to Al Asad Air Base in Iraq on December 26, 2018. AFP
US President Donald Trump and First Lady Melania Trump greet members of the US military during an unannounced trip to Al Asad Air Base in Iraq on December 26, 2018. AFP
One of the defining factors for Mr Trump's handling of Iraq is his administration's clear understanding of Iran's role in destabilising the country

The US elections will impact Iraq one way or the other. Yet, they represent just one of a myriad of factors that will determine the course of 2021, particularly whether the current government can manage the economic crises facing the country. For Iraqis seeking a country that provides prosperity and protection, for those who have not been paid wages in months, for those who have loved ones kidnapped or disappeared and for over a million Iraqis who are internally displaced, US elections hardly make a difference.

The reality is that Iraq will remain in dire straits so long as elections half-way across the world can have such an immediate impact on the country. Foreign interference and influence is a product of a weakened and ineffectual state. What is required is for Iraq’s own political processes and elections to be strengthened and to deliver the change for which so many Iraqis yearn. Iraqi Prime Minister Mustafa Al Kadhimi has fulfilled his promise of aiming to hold elections next June. Iraqi ballot boxes, not American ones, must be what determine Iraq’s future. Whoever the American president is by then, he should aim to support the Iraqi state and its institutions as the most effective way forward.

Mina Al-Oraibi is editor-in-chief of The National

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Emergency phone numbers in the UAE

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

Cricket World Cup League 2 Fixtures

Saturday March 5, UAE v Oman, ICC Academy (all matches start at 9.30am)

Sunday March 6, Oman v Namibia, ICC Academy

Tuesday March 8, UAE v Namibia, ICC Academy

Wednesday March 9, UAE v Oman, ICC Academy

Friday March 11, Oman v Namibia, Sharjah Cricket Stadium

Saturday March 12, UAE v Namibia, Sharjah Cricket Stadium

UAE squad

Ahmed Raza (captain), Chirag Suri, Muhammad Waseem, CP Rizwan, Vriitya Aravind, Asif Khan, Basil Hameed, Rohan Mustafa, Kashif Daud, Zahoor Khan, Junaid Siddique, Karthik Meiyappan, Akif Raja, Rahul Bhatia

In numbers

Number of Chinese tourists coming to UAE in 2017 was... 1.3m

Alibaba’s new ‘Tech Town’  in Dubai is worth... $600m

China’s investment in the MIddle East in 2016 was... $29.5bn

The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn

Boost to the UAE economy of 5G connectivity will be... $269bn 

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
What you as a drone operator need to know

A permit and licence is required to fly a drone legally in Dubai.

Sanad Academy is the United Arab Emirate’s first RPA (Remotely Piloted Aircraft) training and certification specialists endorsed by the Dubai Civil Aviation authority.

It is responsible to train, test and certify drone operators and drones in UAE with DCAA Endorsement.

“We are teaching people how to fly in accordance with the laws of the UAE,” said Ahmad Al Hamadi, a trainer at Sanad.

“We can show how the aircraft work and how they are operated. They are relatively easy to use, but they need responsible pilots.

“Pilots have to be mature. They are given a map of where they can and can’t fly in the UAE and we make these points clear in the lectures we give.

“You cannot fly a drone without registration under any circumstances.”

Larger drones are harder to fly, and have a different response to location control. There are no brakes in the air, so the larger drones have more power.

The Sanad Academy has a designated area to fly off the Al Ain Road near Skydive Dubai to show pilots how to fly responsibly.

“As UAS technology becomes mainstream, it is important to build wider awareness on how to integrate it into commerce and our personal lives,” said Major General Abdulla Khalifa Al Marri, Commander-in-Chief, Dubai Police.

“Operators must undergo proper training and certification to ensure safety and compliance.

“Dubai’s airspace will undoubtedly experience increased traffic as UAS innovations become commonplace, the Forum allows commercial users to learn of best practice applications to implement UAS safely and legally, while benefitting a whole range of industries.”

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Thor: Ragnarok

Dir: Taika Waititi

Starring: Chris Hemsworth, Tom Hiddleston, Cate Blanchett, Jeff Goldblum, Mark Ruffalo, Tessa Thompson

Four stars

Under 19 World Cup

Group A: India, Japan, New Zealand, Sri Lanka

Group B: Australia, England, Nigeria, West Indies

Group C: Bangladesh, Pakistan, Scotland, Zimbabwe

Group D: Afghanistan, Canada, South Africa, UAE

 

UAE fixtures

Saturday, January 18, v Canada

Wednesday, January 22, v Afghanistan

Saturday, January 25, v South Africa

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

THE%20SPECS
%3Cp%3EBattery%3A%2060kW%20lithium-ion%20phosphate%3Cbr%3EPower%3A%20Up%20to%20201bhp%3Cbr%3E0%20to%20100kph%3A%207.3%20seconds%3Cbr%3ERange%3A%20418km%3Cbr%3EPrice%3A%20From%20Dh149%2C900%3Cbr%3EAvailable%3A%20Now%3C%2Fp%3E%0A
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4.0-litre%2C%20flat%20six-cylinder%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3Eseven-speed%20PDK%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E510hp%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E470Nm%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh634%2C200%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20myZoi%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Syed%20Ali%2C%20Christian%20Buchholz%2C%20Shanawaz%20Rouf%2C%20Arsalan%20Siddiqui%2C%20Nabid%20Hassan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2037%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20Initial%20undisclosed%20funding%20from%20SC%20Ventures%3B%20second%20round%20of%20funding%20totalling%20%2414%20million%20from%20a%20consortium%20of%20SBI%2C%20a%20Japanese%20VC%20firm%2C%20and%20SC%20Venture%3C%2Fp%3E%0A
How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

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.”

Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

Yemen's Bahais and the charges they often face

The Baha'i faith was made known in Yemen in the 19th century, first introduced by an Iranian man named Ali Muhammad Al Shirazi, considered the Herald of the Baha'i faith in 1844.

The Baha'i faith has had a growing number of followers in recent years despite persecution in Yemen and Iran. 

Today, some 2,000 Baha'is reside in Yemen, according to Insaf. 

"The 24 defendants represented by the House of Justice, which has intelligence outfits from the uS and the UK working to carry out an espionage scheme in Yemen under the guise of religion.. aimed to impant and found the Bahai sect on Yemeni soil by bringing foreign Bahais from abroad and homing them in Yemen," the charge sheet said. 

Baha'Ullah, the founder of the Bahai faith, was exiled by the Ottoman Empire in 1868 from Iran to what is now Israel. Now, the Bahai faith's highest governing body, known as the Universal House of Justice, is based in the Israeli city of Haifa, which the Bahais turn towards during prayer. 

The Houthis cite this as collective "evidence" of Bahai "links" to Israel - which the Houthis consider their enemy. 

 

When is VAR used?

Goals

Penalty decisions

Direct red-card incidents

Mistaken identity

Wayne Rooney's career

Everton (2002-2004)

  • Appearances: 48
  • Goals: 17
     

Manchester United (2004-2017)

  • Appearances: 496
  • Goals: 253
     

England (2003-)

  • Appearances: 119
  • Goals: 53