ABU DHABI // The rise of regional terrorism means that GCC countries must work harder to protect their oil and gas assets, a former Nato commander says.
Sir Richard Shirreff, deputy supreme allied commander at Nato Europe from 2011 to 2014, said that since 2013 there had been an increased number of terror attacks on the energy sector in the Middle East.
“Energy is an instrument of war but also a direct target,” Mr Shirreff said. “And the vulnerability of the oil sector and the whole energy sector is the Achilles heel of the developed world.”
He said energy grids and refineries in other countries were also at risk.
“So the physical security of your infrastructure is fundamental but the challenges of providing some protection or even surveillance are vast,” Mr Shirreff said.
Risks in the Middle East, including terrorism and transnational crime, were not new but they had evolved in recent years, he said.
Conflict in Syria, Iraq and Yemen and the rise of groups such as ISIL had shattered the Middle East order.
“There is no purely military solution to the problem,” Mr Shirreff said.
“It is a generational challenge and needs a combined regional and international strategy if it is to be conquered.”
It was in the GCC’s interest to help build stability in the region as other countries tried to reduce reliance on oil imports from a region widely seen as unstable, Mr Shirreff said.
He said the GCC should support weaker governments in fighting extremism through “a genuinely integrated approach across political, military, civilian and commercial interfaces to help train local security forces, modernise administrations and stabilise economies.
“It’s all about stabilising the unstable and removing the soil in which terrorism flourishes.”
Mr Shirreff was speaking on Tuesday at the opening of the Security in Energy Conference, which is running alongside Adipec.
Dr Jamal Al Hosani, director general at the National Emergency Crisis and Disaster Management, agreed that threats had increased in the past couple of decades.
“We’re seeing an unprecedented wave of threats, from cyber-security to terrorism,” Dr Al Hosani said. “Such threats demand of us to be prepared by devising sound plans and countermeasures to ensure continuity of operations.
“The energy sector is the heart of all sectors. You stop it and all the others will shut down, so the consequences of any event will have devastating effects on other sectors.”
Osama Salah, head of information security planning and governance at Adgas, said the UAE was working hard to protect itself.
“But with the digital transformation, we have to get the balance right,” Mr Salah said. “We can’t rely on old plans, especially with the economic conditions.
“We have to be more efficient but there needs to be more data available on cyber-risks to learn from failures.”
cmalek@thenational.ae
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Best Men's Player of the Year: Kylian Mbappe (PSG)
Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)
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Best Men's Club of the Year: Chelsea
Best Women's Club of the Year: Barcelona
Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)
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Player Career Award: Ronaldinho
Killing of Qassem Suleimani
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Global state-owned investor ranking by size
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UAE
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Japan
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WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
Dates for the diary
To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:
- September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
- October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
- October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
- November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
- December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
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Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
The five new places of worship
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
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UAE%20Warriors%2045%20Results
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