As he sets out priorities for his administration, US President Joe Biden has made it clear that he seeks to dissociate himself entirely from his predecessor Donald Trump.
While Mr Trump left Mr Biden few plans on how to deal with major domestic crises, he did leave behind a smart blueprint for America’s relations in the Arabian Peninsula. Embedded within it was a useful tool for helping to resolve the seemingly intractable conflict in Yemen, which has plagued Yemen and the region for nearly six years.
As a parting shot for the administration, Mike Pompeo, Mr Trump's secretary of state, announced in January that the Houthi rebel group controlling most of Yemen would be formally designated a terrorist organisation by the US. The designation, according to Mr Pompeo, was "intended to hold them accountable for terrorist acts, including cross-border attacks threatening civilian populations". But it was also, he noted, "intended to advance efforts to achieve a peaceful, sovereign and united Yemen that is both free from Iranian interference and at peace with its neighbours".
It is difficult to argue with any of those intentions, or the facts underwriting them. Since overthrowing Yemen's government in 2014, the Houthis have imposed a brutal regime. They have hardened further an already-extremist ideology ("Death to Jews" is a popular Houthi cry) and preached propaganda to the population, glorifying violence and promoting false conspiracy theories, including about coronavirus. The Houthis have conscripted child soldiers into their forces, murdered dissenters and sought to destroy much of Yemen's critical infrastructure. On December 30, the group attacked Aden's airport, injuring one of The National's reporters, among others.
The Houthis have also cultivated a dangerous relationship with Iran, which has supplied them with strategic advice, money and weapons. By entering the Iranian tent, they hope to join a regional network of proxies that subvert peace and promote sectarianism in the name of a supposed revolution. But there is no revolutionary vision – only a naked attempt by Tehran to accrue power for power's sake. It is telling that when the UN's Yemen envoy Martin Griffiths embarked on a diplomatic mission yesterday to seek an end to the Yemen crisis, his plane took him to Tehran.
Houthi supporters chant slogans as they attend a demonstration against the United States over its decision to designate the Houthis a foreign terrorist organization in Sanaa, Yemen. AP Photo
A member of security forces loyal to Yemen's Houthi rebels stands guard as supporters attend a rally denouncing the United States and the Trump administration's decision to apply the "terrorist" designation to the Iran-backed movement. AFP
A Houthi supporter holds his weapon during a demonstration against the United States over its decision to designate the Houthis a foreign terrorist organization in Sanaa, Yemen. AP
Opposers of Yemen's Houthi rebels shout slogans during a rally in support of the United States and the Trump administration's decision to apply the "terrorist" designation to the Iran-backed movement, in Yemen's third city of Taez. AFP
Opposers of Yemen's Houthi rebels shout slogans during a rally in support of the United States and the outgoing Trump administration's decision to apply the "terrorist" designation to the Iran-backed movement, in Yemen's third city of Taez. AFP
Yemenis opposed to the country's Houthi rebels take part in a rally in support of a recent decision by the United States' outgoing administration blacklisting the Houthi group as a "terrorist" organisation in Yemen's third city of Taez. AFP
A joint Saudi-backed Sudanese-Yemeni force removes landmines, which they said were planted by the Iran-aligned Houthi rebels in Yemen's northern coastal town of Midi, in the Hajjah governorate. AFP
The Saudi-backed Sudanese-Yemeni force removes and de-activates landmines in the Hajjah governorate near the border with Saudi Arabia on the Red Sea. AFP
The force collected some 5,000 landmines. AFP
A shot shows landmines collected by the Sudanese-Yemeni force. AFP
An expAFP
The Houthis have conscripted child soldiers
Designating the Houthis terrorists seemed, at the very least, an exercise in stating the obvious. But it also provided the Biden administration with leverage to use in the much-needed peace negotiations that will prove the only way to solve Yemen’s crisis. Last week, however, Mr Biden reversed Mr Pompeo’s move, under pressure from critics in Washington who feared that the designation, which sanctioned entities that deal with the Houthis, would obstruct the flow of aid to the Yemeni people. This is despite the fact that the work of relief agencies have been affected by the actions of the Houthis, who have taxed aid and extorted aid workers, in addition to occasionally blocking their activities altogether.
The war in Yemen has come at a significant humanitarian cost. The UAE withdrew its own forces last October and has continued to push for diplomatic solutions since. But the foremost obstacle to these solutions is the Houthis – who have enthusiastically exploited the humanitarian disaster and the presence of UN agencies for their own profit.
The consolation is that as Mr Biden cast aside one valuable tool, he replaced it with another. He has chosen for his Yemen envoy Timothy Lenderking, a foreign policy veteran with strong relationships with Gulf allies and a deep knowledge of Yemen. These are excellent qualities of which Mr Lenderking can avail himself as he works in the service of peace. But with the Houthis only digging in and Washington’s leverage fading, he will need also need some luck.
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
Engine: Twin electric motors and 95kWh battery pack
Transmission: Single-speed auto
Power: 408hp
Torque: 664Nm
Range: 400 kilometres
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), EsekaiaDranibota (Harlequins), Matt Mills (Exiles), JaenBotes (Exiles), KristianStinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), EmosiVacanau (Harlequins), NikoVolavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), ThinusSteyn (Exiles)
Paris Can Wait Dir: Eleanor Coppola Starring: Alec Baldwin, Diane Lane, Arnaud Viard Two stars
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Best Academy: Ajax and Benfica
Best Agent: Jorge Mendes
Best Club : Liverpool
Best Coach: Jurgen Klopp (Liverpool)
Best Goalkeeper: Alisson Becker
Best Men’s Player: Cristiano Ronaldo
Best Partnership of the Year Award by SportBusiness: Manchester City and SAP
Best Referee: Stephanie Frappart
Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)
Best Sporting Director: Andrea Berta (Atletico Madrid)
Best Women's Player: Lucy Bronze
Best Young Arab Player: Achraf Hakimi
Kooora – Best Arab Club: Al Hilal (Saudi Arabia)
Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)
Player Career Award: Miralem Pjanic and Ryan Giggs
Need to know
The flights: Flydubai flies from Dubai to Kilimanjaro airport via Dar es Salaam from Dh1,619 return including taxes. The trip takes 8 hours.
The trek: Make sure that whatever tour company you select to climb Kilimanjaro, that it is a reputable one. The way to climb successfully would be with experienced guides and porters, from a company committed to quality, safety and an ethical approach to the mountain and its staff. Sonia Nazareth booked a VIP package through Safari Africa. The tour works out to $4,775 (Dh17,538) per person, based on a 4-person booking scheme, for 9 nights on the mountain (including one night before and after the trek at Arusha). The price includes all meals, a head guide, an assistant guide for every 2 trekkers, porters to carry the luggage, a cook and kitchen staff, a dining and mess tent, a sleeping tent set up for 2 persons, a chemical toilet and park entrance fees. The tiny ration of heated water provided for our bath in our makeshift private bathroom stall was the greatest luxury. A standard package, also based on a 4-person booking, works out to $3,050 (Dh11,202) per person.
When to go: You can climb Kili at any time of year, but the best months to ascend are January-February and September-October. Also good are July and August, if you’re tolerant of the colder weather that winter brings.
Do not underestimate the importance of kit. Even if you’re travelling at a relatively pleasant time, be geared up for the cold and the rain.
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.
UAE fixtures
Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final
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.”