A UAE soldier guards a military plane at Aden airport. Nasser Awad / Reuters
A UAE soldier guards a military plane at Aden airport. Nasser Awad / Reuters
A UAE soldier guards a military plane at Aden airport. Nasser Awad / Reuters
A UAE soldier guards a military plane at Aden airport. Nasser Awad / Reuters

UAE shows the way to deal with regional crises


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Since late 2013, two main regional blocs have competed over how to deal with the rise of extremist forces in Syria. The policy in Syria today seems to have finally settled in favour of one of the arguments.

Saudi Arabia and the UAE, on one hand, favoured a twin policy of fighting extremist factions at the same time as battling the regime of Bashar Al Assad. Turkey and Qatar, on the other hand, pushed for toppling Mr Al Assad first. They argued that it would be easier to build a local, regional and international consensus to fight extremists after the downfall of the regime. With varying success, the two sides competed to advance their visions on the ground in Syria and in policy circles outside it.

Around this time in 2013, Jabhat Al Nusra had already revealed its links to Al Qaeda after two years of acting as a local Syrian group with a jihadist bent. ISIL began to establish a foothold for itself in much of Syria, mostly focusing on policing rebel-held areas. Syrian Islamist groups then began discussions to form a unified front. By the end of the year, Islamist and jihadist forces became the main players in rebel-held Syria.

At the beginning of 2014, clashes erupted between the rebel forces and ISIL. This continued until the summer, when the latter took over ­Mosul and returned to Syria with a vengeance – eventually controlling about half of the country.

Two summers later, it should be clear that the twin policy of fighting the regime and extremists would have a better chance of working. Today, the two superpowers involved in the Syrian conflict are getting closer to working together to defeat ISIL and Jabhat Al Nusra, after American president Barack Obama reportedly proposed a partnership with Moscow against the Al Qaeda affiliate. Turkey’s policy in Syria was also widely criticised after last Tuesday’s terror attacks inside Istanbul’s Ataturk airport, with many saying that the attacks were payback for neglecting the growing presence of extremists in Syria.

The lesson that must be drawn from how the situation developed in Syria is that the twin policy is more effective. But there is an inherent issue with counterterrorism efforts in the region, often because they have been largely led by the United States, or because operations show little regard for local sensitivities or aspirations. Shifting politics in Washington may also undermine ongoing efforts and therefore perpetuate or exacerbate the problem. So, the apparent solution is for regional countries to take on the task.

This is where the UAE comes in. On Tuesday, Reuters published a detailed account of the Emirati special forces’ counterterrorism mission in southern Yemen – an operation that turned out to be more extensive and impressive than initially made out in media. An Emirati eight-person special forces team landed in Yemen in April 2015 and began to train Yemeni soldiers. The UAE teams trained a 2,000-strong force that drove the Houthi rebels from Aden last July, and further 4,000 forces to run the newly captured city. The UAE special forces then began to prepare for the Mukalla operation which culminated with driving out Al Qaeda.

A US official told the agency that some in Washington had doubted the UAE’s sincerity in attacking Al Qaeda in the port city of Al Mukalla. But the Pentagon deployed a small number of military personnel to help in the fight after an evacuation in early 2015, according to Reuters, in a possible sign of increasing US willingness to re-engage on the ground.

“Whether there’s secession or not, the south is in the hands of its sons and that was made possible by the coalition countries,” Mahmoud Al Salmi, a professor at Aden University, said.

What makes the UAE’s mission particularly significant is that the effort is conducted by local forces and led by a regional country with a long-term commitment to the neighbourhood’s stability. This aspect is critical for any counterterrorism effort. While locals who want to expel extremist forces from their areas often seek support from the US, long-term commitment weighs heavily in their calculation. This dynamic is felt in Iraq, Syria and other countries where extremists dominate.

Local tribes or insurgents would rather strike temporary alliances with extremists, even though they could defeat them with some help from the US, because they know the US commitment is often fickle but extremists always come back. That is a lesson many have learnt from the Iraq war, when the people of Anbar joined forces with the American troops to expel the predecessor of ISIL from their areas between 2005 and 2010. The US withdrew from Iraq and left them to deal with an increasingly sectarian government in Baghdad and a growing jihadist force in their midst.

Today, many seek US support but they also want a regional guarantor of long-term commitment. The UAE offers an example of what that commitment looks like.

Hassan Hassan is a resident fellow at the Tahrir Institute for Middle East Policy and co-author of ISIS: Inside the Army of Terror

On Twitter: @hxhassan

Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

MATCH INFO

Inter Milan 2 (Vecino 65', Barella 83')

Verona 1 (Verre 19' pen)

UAE currency: the story behind the money in your pockets
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UAE currency: the story behind the money in your pockets
Cricket World Cup League 2 Fixtures

Saturday March 5, UAE v Oman, ICC Academy (all matches start at 9.30am)

Sunday March 6, Oman v Namibia, ICC Academy

Tuesday March 8, UAE v Namibia, ICC Academy

Wednesday March 9, UAE v Oman, ICC Academy

Friday March 11, Oman v Namibia, Sharjah Cricket Stadium

Saturday March 12, UAE v Namibia, Sharjah Cricket Stadium

UAE squad

Ahmed Raza (captain), Chirag Suri, Muhammad Waseem, CP Rizwan, Vriitya Aravind, Asif Khan, Basil Hameed, Rohan Mustafa, Kashif Daud, Zahoor Khan, Junaid Siddique, Karthik Meiyappan, Akif Raja, Rahul Bhatia

Company%20profile
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Company%20Profile
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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.”

A meeting of young minds

The 3,494 entries for the 2019 Sharjah Children Biennial come from:

435 – UAE

2,000 – China

808 – United Kingdom

165 – Argentina

38 – Lebanon

16 – Saudi Arabia

16 – Bangladesh

6 – Ireland

3 – Egypt

3 – France

2 – Sudan

1 – Kuwait

1 – Australia
 

The bio

Favourite food: Japanese

Favourite car: Lamborghini

Favourite hobby: Football

Favourite quote: If your dreams don’t scare you, they are not big enough

Favourite country: UAE

THE SPECS

Engine: 1.5-litre, four-cylinder turbo

Transmission: seven-speed dual clutch automatic

Power: 169bhp

Torque: 250Nm

Price: Dh54,500

On sale: now

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The lowdown

Bohemian Rhapsody

Director: Bryan Singer

Starring: Rami Malek, Lucy Boynton, Gwilym Lee

Rating: 3/5

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

The%20specs
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How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
SNAPSHOT

While Huawei did launch the first smartphone with a 50MP image sensor in its P40 series in 2020, Oppo in 2014 introduced the Find 7, which was capable of taking 50MP images: this was done using a combination of a 13MP sensor and software that resulted in shots seemingly taken from a 50MP camera.

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”.

How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.