An Afghan police guard was killed on Friday when a UN compound in the western city of Herat was attacked, officials said, as fighting raged between government forces and the Taliban.
Violence has surged across Afghanistan since May, when the Taliban launched an offensive and US-led foreign forces began their withdrawal.
The militants seized dozens of districts. In Herat province, they have captured two border crossings into Iran and Turkmenistan.
Unconfirmed local reports say the Afghan army has been supported by US air strikes around Herat, although the fledgling Afghan air force is known to be active over the battlefield and the US issued no statement about whether it was involved in the battle.
On Friday, the fighting in Herat city forced dozens of families to flee, residents said, as the insurgents advanced.
The UN's main compound was hit by rocket-propelled grenades and gunfire, a statement issued by the United Nations Assistance Mission in Afghanistan (Unama) said.
"This attack is deplorable and we condemn it in the strongest terms," said Deborah Lyons, the UN Secretary General's special representative for Afghanistan.
"The perpetrators of this attack must be identified and brought to account."
Unama said the attack was carried out by "anti-government elements".
But it said the area was the scene of heavy fighting between the Taliban and government forces.
The US said it "strongly condemned" the attack.
"The United Nations in Afghanistan is a civilian entity focused on supporting peace efforts, promoting the rights of all Afghans and providing humanitarian and development assistance," said National Security Adviser Jake Sullivan, urging the Afghan government and Taliban to resume peace talks.
UN Secretary General Antonio Guterres repeated the UN's "commitment to support the government and people of Afghanistan in their efforts to achieve peace and stability".
Concern for diplomatic missions
The Taliban said they would not single out foreign diplomats, but they have breached international protocol.
When the hardliners seized control of Kabul in 1996, they entered the UN compound and abducted the country's former leader, Najibullah Ahmadzai, who was tortured and murdered.
Two years later, after they established control over much of Afghanistan, Taliban fighters entered the Iranian consulate grounds in Mazar-i-Sharif and killed 10 diplomats and a journalist with the state news agency.
The EU delegation to Kabul blamed the Taliban for the attack on the UN compound in Herat.
"The Taliban have to account for the crime which will be considered an attack against all of us. It is contrary to all assurances given," ambassador Andreas Von Brandt, head of the EU delegation, wrote on Twitter.
For two days, the insurgents and government forces have clashed on the outskirts of Herat, Afghanistan's third-largest city, with 600,000 inhabitants.
AFP reported that the Taliban and Afghan forces were also fighting on the road leading to the city airport on Friday, while residents reported clashes in the districts of Injil and Guzara.
"People there are terrified," said Abdul Ansari, who fled to the city from Guzara.
"The fighting is heavy but they have not captured the district of Guzara so far," said Mohammad Allahyar, who also sought shelter in Herat.
Afghan forces and militiamen of veteran warlord and anti-Taliban commander Ismail Khan were reported around the city in recent days.
Mr Khan, who fought the Soviet occupation forces in the 1980s and the Taliban in the 1990s, has vowed to fight the insurgents again.
Fighting has also raged in the southern provinces of Helmand and Kandahar since Thursday.
In Helmand, the Taliban attacked the provincial capital of Lashkar Gah from several directions on Thursday, police officer Daud Shah said.
He said the insurgents fired on police checkpoints but were repelled by strikes carried out by the Afghan Air Force.
At least 33 people were wounded in fighting in the past 24 hours across Kandahar province, hospital authorities said.
In a tweet, Unama expressed concerns around "escalating violence" in and around Kandahar city, and said there were "credible reports of civilians killed".
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Day 2, Dubai Test: At a glance
Moment of the day Pakistan’s effort in the field had hints of shambles about it. The wheels were officially off when Wahab Riaz lost his run up and aborted the delivery four times in a row. He re-measured his run, jogged in for two practice goes. Then, when he was finally ready to go, he bailed out again. It was a total cringefest.
Stat of the day – 139.5 Yasir Shah has bowled 139.5 overs in three innings so far in this Test series. Judged by his returns, the workload has not withered him. He has 14 wickets so far, and became history’s first spinner to take five-wickets in an innings in five consecutive Tests. Not bad for someone whose fitness was in question before the series.
The verdict Stranger things have happened, but it is going to take something extraordinary for Pakistan to keep their undefeated record in Test series in the UAE in tact from this position. At least Shan Masood and Sami Aslam have made a positive start to the salvage effort.
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THE SPECS
Aston Martin Rapide AMR
Engine: 6.0-litre V12
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Power: 595bhp
Torque: 630Nm
Price: Dh999,563
The specs
Engine: 2.0-litre 4-cyl
Power: 153hp at 6,000rpm
Torque: 200Nm at 4,000rpm
Transmission: 6-speed auto
Price: Dh99,000
On sale: now
Formula One top 10 drivers' standings after Japan
1. Lewis Hamilton, Mercedes 306
2. Sebastian Vettel, Ferrari 247
3. Valtteri Bottas, Mercedes 234
4. Daniel Ricciardo, Red Bull 192
5. Kimi Raikkonen, Ferrari 148
6. Max Verstappen, Red Bull 111
7. Sergio Perez, Force India 82
8. Esteban Ocon, Force India 65
9. Carlos Sainz Jr, Toro Rosso 48
10. Nico Hulkenberg, Renault 34
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Korean Film Festival 2019 line-up
Innocent Witness, June 26 at 7pm
On Your Wedding Day, June 27 at 7pm
The Great Battle, June 27 at 9pm
The Witch: Part 1. The Subversion, June 28 at 4pm
Romang, June 28 at 6pm
Mal Mo E: The Secret Mission, June 28 at 8pm
Underdog, June 29 at 2pm
Nearby Sky, June 29 at 4pm
A Resistance, June 29 at 6pm
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More coverage from the Future Forum
Jetour T1 specs
Engine: 2-litre turbocharged
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Company Fact Box
Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.
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.”
Our family matters legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Three trading apps to try
Sharad Nair recommends three investment apps for UAE residents:
- For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
- If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
- Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
Scoreline
Al Wasl 1 (Caio Canedo 90 1')
Al Ain 2 (Ismail Ahmed 3', Marcus Berg 50')
Red cards: Ismail Ahmed (Al Ain) 77'