Syria's Assad tries to prove a point by citing events in Egypt, but the cases are not similar
Conflicting camps in Egypt look at the latest developments there from their own perspectives, columnist Elias Harfoush noted in the pan-Arab daily Al Hayat.
While the generals sees their actions as a necessary correction of the revolution's objectives, the Muslim Brotherhood interpret their removal from power as a relapse for the country.
In Syria too, the turmoil in Egypt, and its repercussions on Syria itself, have found various explanations.
The Syrian regime saw the ejection of Islamist president Mohammed Morsi on July 3, and the subsequent fall of the Islamist regime in Egypt, as an opportunity to confirm the legitimacy of the battle Bashar Al Assad has been waging, for over two years, against "terrorists".
It didn't take Mr Al Assad long to comment on the recent turbulence in Egypt, declaring the end of political Islam in the region.
"The Syrian president thinks time has gone backwards to before March 2011, and that his analysis of the causes behind the crisis in his country, which he interpreted as a confrontation between the regime and terrorist groups, was correct," the writer said.
But while Mr Al Assad is busy exploiting the Egyptian events for the survival of his own regime, he forgets to see the contrast between the objectives of the operations that his army and the Egyptian army are carrying out.
In Cairo, the military moved in response to mass protests clamouring for the fall of the Brotherhood rule.
In Syria, however, the army has consistently acted, since the first days of the revolution, to quell mass protests demanding democracy and the departure of a tyrannical regime, the writer went on.
In Egypt, the popular reaction was support for the change. In Syria, the army's brutality elicited widespread outrage and led to numerous defections from its ranks.
"Nonetheless, the Syrian regime does benefit from the blow that the Muslim Brotherhood in Egypt has taken. The defeat of the Islamists in power has reverberated throughout the region and has undeniably affected the Brotherhood's branch in Syria," the writer opined.
Syria's Brotherhood didn't comment on the developments in Egypt especially since their fight in Syria is not against the regime alone, but also against other opposition parties that range from secular to extremist.
Furthermore, Syria's Muslim Brotherhood never acquired the popular base that the branch in Egypt enjoys.
The Syrian regime may have its own interpretations for Egyptian events, but exploiting what happens there to serve its interests is unrealistic at best, in light of the mounting international pressure demanding its departure, and due to the growing opposition forces in Syria.
Mubarak's acquittal is a return of old regime
Egypt's judiciary arrested Mohamed Morsi on charges including the detention and torture of citizens, and murder. Meanwhile, it decided to clear the deposed former president, Hosni Mubarak, of corruption charges, and his lawyers expect him to be released this week, the London-based newspaper Al Quds Al Arabi said in an editorial.
The sacking of Egypt's state prosecutor Abdel Maguid Mahmoud, a pillar of Mubarak's rule, was a popular demand after the January 25 revolution. But his replacement Talaat Abdallah, appointed by Mr Morsi under a constitutional declaration, caused an uproar and was dismissed by the opposition as an attempt to encroach on the judiciary.
After Mr Morsi was toppled, the judiciary reinstated Mr Mahmoud, and Mr Mubarak's grip was back, with a vengeance.
While it is natural for the tremendous machine of the old regime to try to acquit its figures and destroy its enemies, what is outrageous is to simultaneously clear the autocratic Mr Mubarak and charge the elected president, Mr Morsi, with a long list of crimes.
Meanwhile, Egypt is sinking into more massacres and blood, as reason and politics take a back seat.
For the old regime to capitalise on the situation this way to settle old scores in such a provocative way is an insult to the country's judiciary.
Political killings are a threat to Libya
The assassination on Monday of a former judge in Libya's eastern city of Benghazi as he left a mosque is a new testament to the turmoil plaguing this country, 20 months after the toppling of former leader Muammar Qaddafi, wrote the UAE-based daily Al Bayan in its editorial yesterday.
The wave of assassination has become a nightmare haunting Libyans, amid fears of more violence and killing to come after more than 14,000 prisoners were reported to have escaped from detention centres, including 1,200 from a jail in Benghazi, the paper noted.
The cradle of the Libyan uprising, Benghazi, has become a hotbed of blasts and attacks that have targeted judges and military officers, as the interim government remains unable to establish peace and security and form competent police and army services.
Human Rights Watch said recently that at least 51 people have been killed in the wave of assassinations in Benghazi and Derna, in eastern Libya, since Qaddafi's overthrow two years ago.
The growing number of political assassinations, particularly in eastern Libya, should prompt the current government to to more to counter the terrorists and halt the wave of violence and killing.
* Digest compiled by The Translation Desk
translation@thenational.ae
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
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How it works
A $10 hand-powered LED light and battery bank
Device is operated by hand cranking it at any time during the day or night
The charge is stored inside a battery
The ratio is that for every minute you crank, it provides 10 minutes light on the brightest mode
A full hand wound charge is of 16.5minutes
This gives 1.1 hours of light on high mode or 2.5 hours of light on low mode
When more light is needed, it can be recharged by winding again
The larger version costs between $18-20 and generates more than 15 hours of light with a 45-minute charge
No limit on how many times you can charge
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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.”
Chelsea 2 Burnley 3
Chelsea Morata (69'), Luiz (88')
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Red cards Cahill, Fabregas (Chelsea)
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Name: Hassan Mohsen Elhais
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Killing of Qassem Suleimani
The specs
Engine: 3.0-litre six-cylinder MHEV
Power: 360bhp
Torque: 500Nm
Transmission: eight-speed automatic
Price: from Dh282,870
On sale: now
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
If you go
Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.
Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com
A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com
EA Sports FC 25
Developer: EA Vancouver, EA Romania
Publisher: EA Sports
Consoles: Nintendo Switch, PlayStation 4&5, Xbox One and Xbox Series X/S
Rating: 3.5/5
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Moon Music
Artist: Coldplay
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The biog
Hobbies: Salsa dancing “It's in my blood” and listening to music in different languages
Favourite place to travel to: “Thailand, as it's gorgeous, food is delicious, their massages are to die for!”
Favourite food: “I'm a vegetarian, so I can't get enough of salad.”
Favourite film: “I love watching documentaries, and am fascinated by nature, animals, human anatomy. I love watching to learn!”
Best spot in the UAE: “I fell in love with Fujairah and anywhere outside the big cities, where I can get some peace and get a break from the busy lifestyle”
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae