Nearly three months since the fall of Bashar Al Assad’s government, the new authorities in Damascus still must grapple with the challenges of reuniting Syria. Building a fully functional state that has primacy over a country divided by a 14-year-long civil war was always going to be arduous. But it has taken on a new urgency amid the growing threat posed by ISIS.
In January, interim President Ahmad Al Shara had announced the dissolution of all armed factions and other revolutionary bodies opposed to the Assad government, and their merging into state institutions (including a reconstituted army). This remains a work in progress. All eyes are also on the interim government expected to be announced by Mr Al Shara, including who is chosen to be minister of justice, interior and defence.
Syria’s new Ministry of Defence is in talks with more than 60 rebel groups, many of which have yet to merge into the army. Reasons vary from a reluctance to give up control over the territories they govern, to a lack of trust in the new rulers who, as some groups justifiably point out, don’t have the people’s mandate. Two such groups include the Turkish-backed Syrian National Army in the north-west and the Kurdish-led Syrian Democratic Forces in the north-east.
Ankara and Damascus worry that the SDF may be seeking to carve out a Kurdish semi-autonomous state of its own. There are also concerns about SDF ties with the militant PKK group, considered a terrorist organisation by numerous countries. But the group is also a partner to the US-led global coalition against ISIS. Having contributed to its defeat in 2019, it now holds many of its fighters and their families inside closely guarded camps. The SDF has repeatedly insisted that it wants to be part of a unified Syria, but as one official told The National, the group will retain its weapons as long as ISIS remains active in the country. This has put Damascus in a quandary.
Today, as Syria emerges from its decade-long civil strife, a regrouped ISIS poses an even bigger security threat to the country as well as to its neighbours. As Iraqi Foreign Minister Fuad Hussein recently told The National, a weak security status in Syria means ISIS’s resurgence can be destabilising for the whole region. It is a situation that calls for a coalition of regional, and even international, agreements to fight and defeat ISIS militarily.
Given Syria’s centrality in such an operation, Damascus may have little option but to lean heavily on groups such as the SDF
But winning the ideological war against ISIS is even more critical to Syria’s long-term security. The group’s use of social media gives it the ability to exploit existing or new divisions and grievances in societies with the objective of recruiting fighters and growing its ranks. This makes it vital for the interim administration to ensure that no Syrian is left behind in the nation-building project.
To build credibility with all Syrians, Damascus requires a deft hand while negotiating with armed groups like the SDF and the SNA. Indeed, it should know that a top-down approach – similar to the one adopted by the Assad government over the past five decades – and worse, a return to armed confrontation, won’t help to put Syria back together. The military restructuring currently under way must, therefore, be linked to the political transition, which requires a new constitution and, eventually, elections.
Syrians need only look to countries such as Iraq, Lebanon and Afghanistan to understand how creeping sectarianism undermines the often-painfully slow mission of ensuring a viable nation-state. There is no time to be wasted.
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The story of Edge
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.
It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.
Edge has an annual revenue of $5 billion and employs more than 12,000 people.
Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab
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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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
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Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.