'I don't see why we need to stand by and watch a country go communist due to the irresponsibility of its own people," Henry Kissinger reportedly told US officials in 1970. The "irresponsibility" to which the then-National Security Adviser had referred was the Chilean election of the socialist Salvador Allende as president that year. The US may have claimed the mantle of "democracy" during the Cold War, but it also claimed a right of veto when democracy's verdict was unpalatable. Mr Kissinger's comments became the rationale for US involvement in the 1973 coup that killed Allende and subjected Chile to 17 years of military dictatorship.
Voters in countries newly liberated by the Arab rebellion should be relieved that Washington has lost its appetite for toppling elected governments - because the US government of 1973 might not have been ready to accept the "irresponsibility" of Arab electorates, either.
Tunisia's election and Libya's festivities to mark the overthrow of the Qaddafi regime sounded alarms in Washington among those on the hawkish right who believe the US is still locked in an existential struggle, with political Islam having replaced communism as its nemesis.
Most US media used the palliative "moderate" when referring to the Ennahda party that triumphed in Tunisia's election, but it was nonetheless clear that an Islamist party was the big winner in the first democratic election won by this year's Arab rebellion. And the leader of Libya's rebel leadership structure, the National Transitional Council, also found himself reaching for the "moderate" label on Monday after his promise, during Saturday's liberation ceremony, to build a constitution and society based on Islam. As crowds chanted "Allahu Akbar", it became clear that the Libyan rebellion may have been far more Islamist in character than its Nato backers would care to admit.
If Islamists prevailed in the polls in more secular and sophisticated Tunisia, it would be unwise to bet against some version of political Islam emerging as the key national political force in a Libya still riven by tribal and regional rivalries. And the party to beat in any future Egyptian election will be the Muslim Brotherhood.
Arab democracy is clearly a major windfall for the Islamist parties long suppressed by secular authoritarian regimes. But while fear of Islamists - and denial of their popularity - runs deep in Washington, the US actually has some positive experiences dealing with governments rooted in political Islam.
Shiite Islamist parties have led Iraq's coalition governments since the first post-Saddam election in 2005, and have maintained, for the most part, a pragmatic cooperative relationship with the US. So, too, the ruling AK Party in Turkey, which is a Nato member in Afghanistan and has agreed to host missile-defence components guarding against any Iranian threat, as well as a fierce critic of US policy on Iran's nuclear programme and on Israel. Sure, neither Turkey nor Iraq align themselves with US regional strategy, but both are nonetheless cooperative partners of Washington on a number of issues. If backing the US on Israel and Iran was the yardstick for measuring outcomes, Arab democracy would be a losing proposition for Washington. But it's long past time for Washington to reconcile with the reality that Islamist parties are an intractable reality in Arab democracy - and, perhaps, to understand the appeal of those parties among voters.
It's not simply because of the hostility towards the US stirred up by its invasion of Iraq and its support for Israel; nor is it simply a case of Ben Ali, Mubarak, Qaddafi and Saddam having given secularism a bad name. While the ousted dictatorships had all adopted variants on secular nationalist ideology, the secular liberal parties tend to be based in a relatively well-off segment of the urban middle class, and have struggled to connect with the language and priority concerns of their countries' impoverished majorities. By contrast, the message of the Islamists, and their pious and uncorrupted image, has always resonated with the poor, where they have boosted their support over decades by providing social services - health care, welfare and educational support - substituting for a decrepit state.
Many of the voters of Egypt and Tunisia know and trust the Islamists as a result of their activities under years of repression, to an extent that liberal parties are unlikely to match at least ahead of the first post-dictatorship elections.
The prospects for secular democracy in post-rebellion Arab societies may, paradoxically, rest on the extent to which the Islamists are willing to embrace it. "Don't be afraid of secularism," Turkey's Prime Minister Recep Tayyip Erdogan told Egypt's Islamists during a recent visit to Cairo, explaining that "secularism is not about being an enemy of religion. It is about the state maintaining the same distance from all religions and acting as a custodian of their beliefs". That's a powerful message coming from a leader many Islamists take as a role model, although the annoyance of many others at the Turkish prime minister's remarks highlights the fact that the new democratic space has opened healthy debate and divisions in the Islamist camp.
The Islamists are new to electoral politics, of course, and in Tunisia - as well as Egypt and Libya - they have professed a desire to share power and forge a governing consensus with other social forces rather than strive for a monopoly of power. They are probably aware, besides anything else, that no government is likely to be able to deliver on the economic expectations of the electorate any time soon.
So there's plenty of room for building pragmatic relationships with the emerging Islamists in the new Arab democracies, and the Kissinger idea of "protecting" an electorate from its own inclinations is a non-starter in this day and age. Engaging with the Islamists, for better or worse, is now the only game in town.
Tony Karon is an analyst based in New York. Follow him on Twitter @Tony Karon
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
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Aldar Properties Abu Dhabi T10
*November 15 to November 24
*Venue: Zayed Cricket Stadium, Abu Dhabi
*Tickets: Start at Dh10, from ttensports.com
*TV: Ten Sports
*Streaming: Jio Live
*2017 winners: Kerala Kings
*2018 winners: Northern Warriors
Other ways to buy used products in the UAE
UAE insurance firm Al Wathba National Insurance Company (AWNIC) last year launched an e-commerce website with a facility enabling users to buy car wrecks.
Bidders and potential buyers register on the online salvage car auction portal to view vehicles, review condition reports, or arrange physical surveys, and then start bidding for motors they plan to restore or harvest for parts.
Physical salvage car auctions are a common method for insurers around the world to move on heavily damaged vehicles, but AWNIC is one of the few UAE insurers to offer such services online.
For cars and less sizeable items such as bicycles and furniture, Dubizzle is arguably the best-known marketplace for pre-loved.
Founded in 2005, in recent years it has been joined by a plethora of Facebook community pages for shifting used goods, including Abu Dhabi Marketplace, Flea Market UAE and Arabian Ranches Souq Market while sites such as The Luxury Closet and Riot deal largely in second-hand fashion.
At the high-end of the pre-used spectrum, resellers such as Timepiece360.ae, WatchBox Middle East and Watches Market Dubai deal in authenticated second-hand luxury timepieces from brands such as Rolex, Hublot and Tag Heuer, with a warranty.
UPI facts
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
Best Foreign Language Film nominees
Capernaum (Lebanon)
Cold War (Poland)
Never Look Away (Germany)
Roma (Mexico)
Shoplifters (Japan)
UAE currency: the story behind the money in your pockets
RESULTS
5pm: Rated Conditions (PA) Dh85,000 (Turf) 1,600m
Winner: AF Mouthirah, Tadhg O’Shea (jockey), Ernst Oertel (trainer)
5.30pm: Maiden (PA) Dh80,000 (T) 1,400m
Winner: AF Alajaj, Tadhg O’Shea, Ernst Oertel
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Winner: Hawafez, Connor Beasley, Abubakar Daud
6.30pm: Maiden (PA) Dh80,000 (T) 2,200m
Winner: Tair, Fabrice Veron, Eric Lemartinel
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Winner: Wakeel W’Rsan, Richard Mullen, Jaci Wickham
7.30pm: Handicap (PA) Dh100,000 (T) 2,400m
Winner: Son Of Normandy, Fernando Jara, Ahmad bin Harmash
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Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Five famous companies founded by teens
There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:
- Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate.
- Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc.
- Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway.
- Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
- Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
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.”
Tips to keep your car cool
- Place a sun reflector in your windshield when not driving
- Park in shaded or covered areas
- Add tint to windows
- Wrap your car to change the exterior colour
- Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
- Avoid leather interiors as these absorb more heat
Russia's Muslim Heartlands
Dominic Rubin, Oxford