The Haj stampede last Thursday, which left more than 750 pilgrims dead and hundreds more injured, was a tragedy. An inquiry into its causes was announced immediately after the event.
The Saudi government had been criticised in some quarters over the organisation of the annual pilgrimage.
None of this criticism was more strident than that from Iran, which has called on the kingdom to apologise and made an offer to handle the future organisation of the Haj instead.
The Saudi columnist Abdullah bin Bijad Al Otaibi noted in the pan-Arab daily Asharq Al Awsat that stampedes had happened in the past for various reasons, despite organisational measures that have kept such incidents to a minimum.
“But, historically, there has been one specific entity that has sought to mar Haj and target pilgrims, exploiting the season for its own political interests and revolutionary slogans,” the writer said. “It is the Islamic Republic in Iran.
“Many people still recall how, in 1987, Iran ordered their pilgrims from the Republican Guard to attack and kill other pilgrims using knives and iron rods. Saudi Arabia was able to protect the pilgrims and deter Iranian terrorism at the time.
“Iran is a vicious enemy that has not tried to conceal its hostility towards Saudi Arabia ever since it started its sectarian and fundamentalist revolution.”
The writer said that Iran had become more hostile than ever since Saudi Arabia’s emergence as a regional leader, contesting its clout. Al Otaibi said Iran continued to interfere in the region, including an expansion project in Yemen using military force.
Although less outspoken than Iran, the Muslim Brotherhood and political Islam groups in general were “sworn enemies of Saudi”, the writer said. This was especially the case following the kingdom’s efforts to support the Egyptian people and free their country from the Brotherhood’s grip.
Mahmoud Al Rimawi wrote in the Sharjah-based daily Al Khaleej that no one was as shocked to hear of the deaths in Mina as the Saudi people and the kingdom's government, which is entrusted with organising the Haj season.
This was especially so because the tragedy followed an earlier incident involving a crane that killed more than 100 pilgrims in the first week of September.
“Amid all this, discordant voices were heard trying to exploit the stampede to point the finger at Saudi Arabia and hold it responsible,” the writer said.
It was, he said, as if the organisers themselves intentionally sought to spoil all the efforts they had made to organise the Haj.
Those who criticised the Saudis were “hostile powers” attempting to undermine the kingdom’s standing in the Islamic world and to “wage systematic venomous campaigns against it just because it defends the sovereignty and independence of other Islamic nations”.
A tragedy of this magnitude should have given rise to solidarity among Muslims, and support for an efficient and prompt investigation into the incident, rather than to discord.
The cheap, politicised reactions that followed the tragedy were at the expense of the feelings of the victims’ families and at the expense of the truth that has yet to be revealed, the writer said.
For his part, Abdullah Nasser Al Otaibi wrote in an opinion article in Al Hayat that the Iranian president, Hassan Rouhani, went too far with his attack on Saudi Arabia when he suggested that the Iranian armed forces are prepared to defend the holy sites if need be. This is a call that resonates with known opponents of Saudi in Iraq, the writer said.
“Former Iraqi prime minister Nouri Al Maliki’s political bloc and ideological base in Iraq, along with the ayatollahs of the Farsi state east of the Arabian Gulf, have a vested interest in undermining and besieging Saudi Arabia internationally by breaking the privilege that was bestowed upon it as the host of the two holy mosques,” he said.
“This, in turn, would undermine the kingdom’s clout in the Islamic world and detach the world’s Muslims from it.”
Saudi Arabia remains the main obstacle to Iranian ambitions in the region because it has spearheaded the alliance fighting against the Islamic Republic’s political expansion.
The Saudis are now required to protect their country from within against foreign conspiracies, the writer noted.
Translated by Racha Makarem
rmakarem@thenational.ae
Day 2, stumps
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Roger Hunt 285
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Gordon Hodgson 241
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Conversions: B Barrett
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Penalties: Farrell (4), Daly
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Five out of five stars
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Founder: Abdulla Almoayed
Based: UAE
Founded: 2017
Number of employees: 35
Sector: FinTech
Raised: $13 million
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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”.
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.”
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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
Company: Instabug
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Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
Our family matters legal consultant
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Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
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Engine: 3-litre twin-turbo V6
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SCHEDULE
December 8: UAE v USA (Sharjah Cricket Stadium)
December 9: USA v Scotland (Sharjah Cricket Stadium)
December 11: UAE v Scotland (Sharjah Cricket Stadium)
December 12: UAE v USA (ICC Academy Oval 1)
December 14: USA v Scotland (ICC Academy Oval 1)
December 15: UAE v Scotland (ICC Academy Oval 1)
All matches start at 10am
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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
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