A view of an Iron Dome anti-missile battery, near Ashkelon, in southern Israel on Wednesday. Increased militarisation and escalation will not provide Israel or Iran with the kind of security and freedom from attack that both states insist they want. Reuters
A view of an Iron Dome anti-missile battery, near Ashkelon, in southern Israel on Wednesday. Increased militarisation and escalation will not provide Israel or Iran with the kind of security and freedom from attack that both states insist they want. Reuters
A view of an Iron Dome anti-missile battery, near Ashkelon, in southern Israel on Wednesday. Increased militarisation and escalation will not provide Israel or Iran with the kind of security and freedom from attack that both states insist they want. Reuters
A view of an Iron Dome anti-missile battery, near Ashkelon, in southern Israel on Wednesday. Increased militarisation and escalation will not provide Israel or Iran with the kind of security and freed


The Middle East deserves more than deterrence


  • English
  • Arabic

April 19, 2024

Speaking to The National this week, Qasim Al Araji, Iraq’s National Security Adviser, was right when he said Iran's unprecedented direct attack on Israel last weekend had created a “new deterrent policy” in the region. Indeed, there is widespread acknowledgement that the Middle East is confronted by a novel and unpredictable security paradigm. A major concern, however, is that deterrence has its limits and perhaps doesn’t quite offer the stability its proponents think it does.

An examination of deterrence in the Middle East reveals that building a security framework based on a dangerous game of bluff is not the path to the kind of peace that the people of this region aspire to. Neither does it provide Israel or Iran with the kind of security and freedom from attack that both states insist they want.

  • Israel's air defence system intercepts projectiles amid an attack by Iran, as seen from Ramallah in the occupied West Bank. Screengrab from AFPTV / AFP
    Israel's air defence system intercepts projectiles amid an attack by Iran, as seen from Ramallah in the occupied West Bank. Screengrab from AFPTV / AFP
  • Missiles fired from Iran towards Israel are intercepted over the northern part of the country. AFP
    Missiles fired from Iran towards Israel are intercepted over the northern part of the country. AFP
  • Explosions light up the sky in Hebron in the Palestinian territories during the attack. Screengrab from AFPTV / AFP
    Explosions light up the sky in Hebron in the Palestinian territories during the attack. Screengrab from AFPTV / AFP
  • Explosions occur over Hebron. Screengrab from AFPTV / AFP
    Explosions occur over Hebron. Screengrab from AFPTV / AFP
  • Explosions light up the skies over Jerusalem during the attack. Screengrab from AFPTV / AFP
    Explosions light up the skies over Jerusalem during the attack. Screengrab from AFPTV / AFP
  • Explosions occur over Jerusalem. Screengrab from AFPTV / AFP
    Explosions occur over Jerusalem. Screengrab from AFPTV / AFP
  • Israel's Iron Dome air defence system moves to intercept missiles fired from Iran. AP
    Israel's Iron Dome air defence system moves to intercept missiles fired from Iran. AP
  • Iranian demonstrators chant slogans during an anti-Israel gathering in Tehran. AP
    Iranian demonstrators chant slogans during an anti-Israel gathering in Tehran. AP
  • People in Tehran appear to celebrate in the street after the attack on Israel. Wana (West Asia News Agency) / Reuters
    People in Tehran appear to celebrate in the street after the attack on Israel. Wana (West Asia News Agency) / Reuters
  • Iranians appear to celebrate in the street after the attack. Wana (West Asia News Agency) / Reuters
    Iranians appear to celebrate in the street after the attack. Wana (West Asia News Agency) / Reuters
  • A man kisses a mock rocket during an anti-Israel rally in Tehran after Iran launched the attack. EPA
    A man kisses a mock rocket during an anti-Israel rally in Tehran after Iran launched the attack. EPA
  • People hold Iranian and Palestinian flags at Palestine Square in Tehran. EPA
    People hold Iranian and Palestinian flags at Palestine Square in Tehran. EPA
  • US President Joe Biden meets members of his national security team about the attack on Israel by Iran. The White House / AP
    US President Joe Biden meets members of his national security team about the attack on Israel by Iran. The White House / AP

The limits of deterrence were obvious long before the current war that is spilling across the Middle East. Successive Israeli governments thought they had established deterrence with repeated attacks on Gaza over the years. Instead, this policy of responding to attacks from Palestinian militants with overwhelming and indiscriminate force, coupled with the immiseration and disenfranchisement of Palestinian civilians, led to complacency that left Israel vulnerable to the kind of brutal assault witnessed on October 7. In fact, most of the security Israel does enjoy has come from political treaties, not force of arms, and the country still faces many threats and considerable hostility.

For its part, Iran thought it had established deterrence with its extensive network of armed proxies stretching from Yemen to Lebanon, as well as building a large military at home. Instead, Tehran faces a great deal of international isolation, economic sanctions – more of which look likely from the EU soon – and perpetual insecurity that has left its military leadership appearing exposed and anxious. In addition, the bluff of Iranian deterrence has been repeatedly called in the form of strikes on Islamic Revolutionary Guard Corps-linked bases in Iraq and Syria, the killing of scientists connected to Tehran’s nuclear programme, and the high-profile US assassination of Iranian general Qassem Suleimani in 2020.

Yes, the Israeli strike against IRGC targets in Iran’s Damascus embassy compound changed the calculus of Middle East security. It also started a cycle of tit-for-tat reprisals that has left the people of this region on tenterhooks, fearful of the next escalation.

Upping the ante in this way has offered few benefits for anyone; it is in no one’s interests for this regional escalation to continue. Israeli leaders may talk tough – radical Finance Minister Bezalel Smotrich’s irresponsible call for a "disproportionate" attack on Iran is par for the course – but the truly security-minded in Israel’s leadership would understand that it is the time to make up for its previous strategic failures by standing down and focusing on the core issue: ending the conflict with the Palestinians, the horrors of which have been overshadowed by this renewed Israeli-Iranian rivalry.

As the UN Security Council debates fully admitting Palestine to the international community of states, it is a moment for clear and strategic thinking. The Gaza war, in large part due to the denial of Palestinian rights and statehood, is the crux of the biggest security problem in the Middle East. It is a problem that will not be fixed by Israel and Iran engaging in a dangerous stand-off in which there is no true winner. Deterrence is a form of political procrastination that puts off solving today’s problems for a tomorrow that may never come. The Middle East needs better.

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Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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Results:

CSIL 2-star 145cm One Round with Jump-Off

1.           Alice Debany Clero (USA) on Amareusa S 38.83 seconds

2.           Anikka Sande (NOR) For Cash 2 39.09

3.           Georgia Tame (GBR) Cash Up 39.42

4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

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Creator: Jenna Lamia

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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 

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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%20Roundup
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Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Profile of RentSher

Started: October 2015 in India, November 2016 in UAE

Founders: Harsh Dhand; Vaibhav and Purvashi Doshi

Based: Bangalore, India and Dubai, UAE

Sector: Online rental marketplace

Size: 40 employees

Investment: $2 million

PROFILE BOX

Company name: Overwrite.ai

Founder: Ayman Alashkar

Started: Established in 2020

Based: Dubai International Financial Centre, Dubai

Sector: PropTech

Initial investment: Self-funded by founder

Funding stage: Seed funding, in talks with angel investors

Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

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

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

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UAE currency: the story behind the money in your pockets
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Director:Josephine Decker

Stars:Grace Kaufman, Pico Alexander, Jacques Colimon

Rating:2/5

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Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

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Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

RESULT

Al Hilal 4 Persepolis 0
Khribin (31', 54', 89'), Al Shahrani 40'
Red card: Otayf (Al Hilal, 49')

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Updated: April 19, 2024, 4:34 PM