The murder of Lebanese writer, filmmaker, and activist Lokman Slim last week continues to provoke outrage in a country where most major crimes remain unpunished. However, Mr Slim's assassination could indicate that those who killed him feared losing ground in the political system.
Mr Slim was an exceptionally courageous man, living in the Haret Hreik quarter of Beirut’s southern suburbs controlled by Hezbollah. Party faithfuls resented his criticisms, voiced as they were by a Shiite who was, so to speak, of the house, from a family that had been in Haret Hreik long before Hezbollah’s arrival. For years Mr Slim had endured the militant party’s harassment, but had steadfastly remained in the area.
That is why when Mr Slim was found murdered last Friday in southern Lebanon, most Lebanese concluded that he was killed by those who had spent years making his life difficult. Mr Slim’s sister declared that the family “knew the killers", clearly indicating whom it suspected of being behind the crime.
More intriguing was why Mr Slim was eliminated now, when he had spent decades coexisting uneasily with Hezbollah. Lebanon’s two main Shiite parties, Hezbollah and Amal, have maintained a tight rein over their community, but this has not meant that they routinely resorted to murdering their critics. On the contrary, Mr Slim’s assassination was shocking because it was so rare.
So, if it is ever confirmed that Mr Slim was killed on the orders of, or by someone loyal to, Hezbollah or Amal, what could have been the reason? The only plausible explanation is that he was assassinated to send a strong message, first, to the Shiite community, then perhaps beyond that, to other political actors.
Why would the parties need to send a message today? The fact is that the political class, of which Hezbollah and Amal are a part, has done nothing to alleviate the deep economic crisis that has engulfed Lebanon since November 2019. In fact, the two parties tried to neutralise the uprising against the political leadership by mobilising youths to intimidate demonstrators.
Was Mr Slim's killing an indirect way of signalling impatience to Hezbollah's allies in the FPM?
By doing so, they helped prop up a rotten political order that has impoverished around half the Lebanese population. Since that time, the previously cohesive political cartel has been engaged in paralysing disputes, since the one thing that had unified its members – sharing their plunder of the Lebanese state and economy – no longer holds. Instead, each leader is now trying to portray himself as a paragon of virtue against the other thieves in the country.
Because Hezbollah opposed the protesters in 2019, it must now face the reality that many Lebanese hold it responsible for the disastrous state of affairs in the country. Even within the Shiite community, there are incessant reports of rising dissatisfaction with Hezbollah and Amal because of the economic distress.
In such a context, it would make sense to issue a warning that no one should push Hezbollah and Amal too far. Mr Slim’s murder may have served as such a warning. But if the parties were indeed involved in the crime, it would show, above all, their vulnerability with regard to the situation today.
Nor has Hezbollah been able to unblock the political stalemate of the government-formation process. On several occasions the party has tried to push its ally, the Free Patriotic Movement, to be more flexible in negotiations with prime minister-designate Saad Hariri. All these attempts have failed, including an intervention by Wafiq Safa, a senior Hezbollah security official, who is also responsible for relations with the FPM and its leader Gebran Bassil.
For a long time it was said that Hezbollah was unwilling to endanger its ties with Mr Bassil, and more importantly with his father-in-law, Lebanese President Michel Aoun. Yet that may no longer be true. In recent weeks, senior party officials have pressed more insistently for an accord. Last week Amal leader Nabih Berri shot down one of Mr Bassil’s key conditions in his talks with Mr Hariri, which he would not have done without Hezbollah’s consent.
In other words, we may be reaching a stage where the persistent deadlock in Lebanon begins undermining Hezbollah’s interests, by making more likely new public protests against the parties in power due to worsening economic woes. Therefore, was Mr Slim’s killing also an indirect way of signalling impatience to Hezbollah’s allies in the FPM? That may be an interpretation too far, but it is also certainly possible that Mr Bassil and Mr Aoun read it that way.
Mr Slim once told me, speaking of Hezbollah, that “like many totalitarian parties, it has managed to internalise fears in others; it has moved its oppression to the minds.” If the party was involved in his death, it would be ironic if it did so because it felt that this proposition was no longer true.
Michael Young is a Lebanon columnist for The National
Dubai Rugby Sevens
November 30, December 1-2
International Vets
Christina Noble Children’s Foundation fixtures
Thursday, November 30:
10.20am, Pitch 3, v 100 World Legends Project
1.20pm, Pitch 4, v Malta Marauders
Friday, December 1:
9am, Pitch 4, v SBA Pirates
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EEjari%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EYazeed%20Al%20Shamsi%2C%20Fahad%20Albedah%2C%20Mohammed%20Alkhelewy%20and%20Khalid%20Almunif%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EPropTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%241%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ESanabil%20500%20Mena%2C%20Hambro%20Perks'%20Oryx%20Fund%20and%20angel%20investors%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E8%3C%2Fp%3E%0A
The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
Inside%20Out%202
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EKelsey%20Mann%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%C2%A0Amy%20Poehler%2C%20Maya%20Hawke%2C%20Ayo%20Edebiri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4.5%2F5%3C%2Fp%3E%0A
West Asia rugby, season 2017/18 - Roll of Honour
Western Clubs Champions League - Winners: Abu Dhabi Harlequins; Runners up: Bahrain
Dubai Rugby Sevens - Winners: Dubai Exiles; Runners up: Jebel Ali Dragons
West Asia Premiership - Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins
UAE Premiership Cup - Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles
UAE Premiership - Winners: Dubai Exiles; Runners up: Abu Dhabi Harlequins
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.”
SUZUME
%3Cp%3EDirector%3A%20Makoto%20Shinkai%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Nanoka%20Hara%2C%20Hokuto%20Matsumura%2C%20Eri%20Fukatsu%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A