Funeral for a fighter for the Syrian Democratic Forces (SDF), killed while fighting ISIS in Hajin, Syria. Delill Souleiman / AFP
Funeral for a fighter for the Syrian Democratic Forces (SDF), killed while fighting ISIS in Hajin, Syria. Delill Souleiman / AFP
Funeral for a fighter for the Syrian Democratic Forces (SDF), killed while fighting ISIS in Hajin, Syria. Delill Souleiman / AFP
Funeral for a fighter for the Syrian Democratic Forces (SDF), killed while fighting ISIS in Hajin, Syria. Delill Souleiman / AFP

Extremism must not be allowed to take hold again in the region


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As the US announced its plan to withdraw 2,000 troops from Syria, US-backed troops were fighting ISIS militants trying to recapture Hajin in the east of the country – just further proof, if any were needed, that Donald Trump's premature exit comes while the extremists still pose a serious threat.

Indeed, as the Kurdish-led Syrian Democratic Forces said, the withdrawal could lead to a resurgence of ISIS and give “terrorism the momentum to recover and conduct a terrorist campaign in the region”.

It is into this volatile breach that Turkish President Recep Tayyip Erdogan has stepped, declaring he will lead the fight against the remaining ISIS fighters in Syria. As a member of the 79-nation Global Coalition, Turkey does indeed carry some responsibility for countering and dismantling ISIS's ambitions.

But it has not always proven itself capable of rising to the task. Its laissez-faire attitude to monitoring border cities enabled thousands of fighters to cross with ease into Syria before a clampdown in 2015 – too little, too late.

But it is the Kurds whose fate really hangs in the balance, not the extremists who united nations in a co-opted battle against hatred and a poisonous ideology.

Until now, it has only been a US presence that prevented Turkey from an all-out assault on Kurdish-led opposition groups. Ankara has long sought to weaken their positions and now has carte blanche to target factions it blames for leading a separatist movement.

That almost certainly puts the YPG directly in the firing line, as well as its sister arm the PYD, affiliated to the militant PKK in Turkey, which Ankara considers a terrorist organisation threatening its sovereignty.

Rather than a battle of one coalition unifying behind the common goal of tackling extremism, there is a danger of implosion within Syria as different actors seek to serve their own purposes.

While the Syrian Kurds will see the US withdrawal as the ultimate betrayal, there is a danger of the conflict rumbling on for years with no resolution.

Much of Syria is back under the control of Bashar Al Assad but nearly one third remains volatile.

ISIS leader Abu Bakr Al Baghdadi is still at large in the territory he once declared his caliphate.

Iraqi Prime Minister Adil Abdul Mahdi has yet to appoint a security minister or complete his cabinet, which leaves his country vulnerable to the rogue elements which once tore it apart.

In a phone call to Mr Mahdi, US Secretary of State Mike Pompeo emphasised the importance of protecting Iraq from “interference in its affairs”.

These are all potential timebombs threatening to jeopardise regional security. The international community must not let their own interests eclipse the goal of fighting the ideology which allowed ISIS to flourish.

Nor can the departure of American troops be used by Mr Erdogan as licence to exercise his maximalist policy and weaponise an ideological battle to target his rivals.

It is far from clear how Syria’s final borderland battles might end. The key will be not to lose sight of the threat extremists continue to pose, even when they no longer hold territory.

UAE currency: the story behind the money in your pockets

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.”

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

THE BIO

Age: 33

Favourite quote: “If you’re going through hell, keep going” Winston Churchill

Favourite breed of dog: All of them. I can’t possibly pick a favourite.

Favourite place in the UAE: The Stray Dogs Centre in Umm Al Quwain. It sounds predictable, but it honestly is my favourite place to spend time. Surrounded by hundreds of dogs that love you - what could possibly be better than that?

Favourite colour: All the colours that dogs come in

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

 

 

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

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Libya's Gold

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.

The specs

Engine: 2.9-litre twin-turbo V6

Power: 540hp at 6,500rpm

Torque: 600Nm at 2,500rpm

Transmission: Eight-speed auto

Kerb weight: 1580kg

Price: From Dh750k

On sale: via special order

Gulf Under 19s final

Dubai College A 50-12 Dubai College B