Gen Abdourahmane Tchiani, centre, staged the coup that ousted President Mohamed Bazoum in late July. Reuters
Gen Abdourahmane Tchiani, centre, staged the coup that ousted President Mohamed Bazoum in late July. Reuters
Gen Abdourahmane Tchiani, centre, staged the coup that ousted President Mohamed Bazoum in late July. Reuters
Gen Abdourahmane Tchiani, centre, staged the coup that ousted President Mohamed Bazoum in late July. Reuters

West African leaders direct deployment of 'standby force' to restore Niger democracy


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West African leaders on Thursday directed the deployment of a “standby force” to restore democracy in Niger after a coup late last month that ousted democratically elected President Mohamad Bazoum.

Following a summit, the regional bloc the Economic Community of West African States officials released a communique that gave few details and failed to spell out the make-up, location and proposed date of deployment for any military intervention force.

West African heads of state met in the Nigerian capital Abuja to discuss next steps after Niger's junta defied the bloc's deadline of Sunday to reinstate Mr Bazoum.

Nigeria's President, Bola Ahmed Tinubu, center first row, poses for a group photo with other West African leaders before an Ecowas meeting in Abuja, Nigeria. AP
Nigeria's President, Bola Ahmed Tinubu, center first row, poses for a group photo with other West African leaders before an Ecowas meeting in Abuja, Nigeria. AP

Nine of the 11 heads of state expected to attend were present, including the presidents of Senegal, Ghana, Ivory Coast, Togo, Benin, Guinea-Bissau and Sierra Leone. The non-Ecowas leaders of Mauritania and Burundi also participated in the closed-door meeting.

“It is crucial that we prioritise diplomatic negotiations and dialogue as the bedrock of our approach,” said Nigerian President Bola Ahmed Tinubu, who currently heads the bloc, said before the closed part of the meeting.

He said leaders must act with a “sense of urgency”, though appeared to retreat from the bloc’s earlier threat to use force.

Nigeria has the largest military in West Africa, but it has been bogged down in northern parts of the country fighting a stubborn insurgency composed of Al Qaeda-linked Boko Haram and ISIS.

Niger was seen as the last country in the Sahel region south of the Sahara that western nations could work with to counter extremist violence that has killed thousands and displaced millions.

The international community is scrambling to find a peaceful solution to the country's leadership crisis.

It comes as Niger’s junta said it had formed a new government, two weeks after putting Mr Bazoum under house arrest.

Military leaders announced the move on state TV, naming 21 new ministers.

Ali Mahaman Lamine Zeine will lead the government, with generals from the new military governing council heading the defence and interior ministries, according to the decree.

West African leaders are set to meet on Thursday to mull military action against the junta, led by former Presidential Guard Commander Gen Abdourahmane Tchiani.

Important decisions are expected from the gathering in Nigeria's capital Abuja, according to a statement from Ecowas on Tuesday.

Ecowas has already imposed sanctions on the junta following the coup, which also prompted the EU and France to slash aid to the impoverished nation.

The bloc is expected to favour diplomacy over military action on the ground, which it has said is a “last resort”.

On Wednesday, UN Secretary General Antonio Guterres reiterated deep concerns for the well-being of Mr Bazoum and his family, still confined to the presidential residence.

The President has told friends he is being kept in isolation, “deprived of any human contact,” and fed dry rice and pasta. Previously, in an op-ed for the Washington Post, he described himself as a “hostage,” in his Niami residence.

Warnings and debate

The possibility of military intervention in Niger has sparked debate within Ecowas and prompted warnings from neighbouring nations and Russia.

Speaking before flying to Abuja on Wednesday, Guinea-Bissau's President Umaro Sissoco Embalo said the future of the bloc was at stake following coups in four member states, namely Mali, Guinea, Burkina Faso and Niger.

Mr Bazoum remained Niger's sole recognised president and coups must be banned, he added.

Niger's neighbours Mali and Burkina Faso, both ruled by military governments who seized power in coups, have said an intervention would be tantamount to a declaration of war against them.

It is the fifth coup to take place in Niger since it became independent from France in 1960.

President Bazoum's election in 2021 had helped Niger cement close ties with France and the United States, both crucial allies in the fight against growing extremism in the Sahel.

France has evacuated its citizens from Niger and suspended aid to the country, while Washington has suspended counter-terror operations and evacuated non-essential embassy staff and their families.

Experts and US officials have warned the coup will bolster terrorist groups active in the area and roll back gains made in counter-terrorism.

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Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press 

The%20specs
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GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

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

Intercontinental Cup

Namibia v UAE Saturday Sep 16-Tuesday Sep 19

Table 1 Ireland, 89 points; 2 Afghanistan, 81; 3 Netherlands, 52; 4 Papua New Guinea, 40; 5 Hong Kong, 39; 6 Scotland, 37; 7 UAE, 27; 8 Namibia, 27

The major Hashd factions linked to Iran:

Badr Organisation: Seen as the most militarily capable faction in the Hashd. Iraqi Shiite exiles opposed to Saddam Hussein set up the group in Tehran in the early 1980s as the Badr Corps under the supervision of the Iran Revolutionary Guards Corps (IRGC). The militia exalts Iran’s Supreme Leader Ali Khamenei but intermittently cooperated with the US military.

Saraya Al Salam (Peace Brigade): Comprised of former members of the officially defunct Mahdi Army, a militia that was commanded by Iraqi cleric Moqtada Al Sadr and fought US and Iraqi government and other forces between 2004 and 2008. As part of a political overhaul aimed as casting Mr Al Sadr as a more nationalist and less sectarian figure, the cleric formed Saraya Al Salam in 2014. The group’s relations with Iran has been volatile.

Kataeb Hezbollah: The group, which is fighting on behalf of the Bashar Al Assad government in Syria, traces its origins to attacks on US forces in Iraq in 2004 and adopts a tough stance against Washington, calling the United States “the enemy of humanity”.

Asaeb Ahl Al Haq: An offshoot of the Mahdi Army active in Syria. Asaeb Ahl Al Haq’s leader Qais al Khazali was a student of Mr Al Moqtada’s late father Mohammed Sadeq Al Sadr, a prominent Shiite cleric who was killed during Saddam Hussein’s rule.

Harakat Hezbollah Al Nujaba: Formed in 2013 to fight alongside Mr Al Assad’s loyalists in Syria before joining the Hashd. The group is seen as among the most ideological and sectarian-driven Hashd militias in Syria and is the major recruiter of foreign fighters to Syria.

Saraya Al Khorasani:  The ICRG formed Saraya Al Khorasani in the mid-1990s and the group is seen as the most ideologically attached to Iran among Tehran’s satellites in Iraq.

(Source: The Wilson Centre, the International Centre for the Study of Radicalisation)

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

THE%20SPECS
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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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What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

COMPANY PROFILE

Company name: Blah

Started: 2018

Founder: Aliyah Al Abbar and Hend Al Marri

Based: Dubai

Industry: Technology and talent management

Initial investment: Dh20,000

Investors: Self-funded

Total customers: 40

'Nope'
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Non-oil%20trade
%3Cp%3ENon-oil%20trade%20between%20the%20UAE%20and%20Japan%20grew%20by%2034%20per%20cent%20over%20the%20past%20two%20years%2C%20according%20to%20data%20from%20the%20Federal%20Competitiveness%20and%20Statistics%20Centre.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIn%2010%20years%2C%20it%20has%20reached%20a%20total%20of%20Dh524.4%20billion.%C2%A0%3C%2Fp%3E%0A%3Cp%3ECars%20topped%20the%20list%20of%20the%20top%20five%20commodities%20re-exported%20to%20Japan%20in%202022%2C%20with%20a%20value%20of%20Dh1.3%20billion.%C2%A0%3C%2Fp%3E%0A%3Cp%3EJewellery%20and%20ornaments%20amounted%20to%20Dh150%20million%20while%20precious%20metal%20scraps%20amounted%20to%20Dh105%20million.%C2%A0%3C%2Fp%3E%0A%3Cp%3ERaw%20aluminium%20was%20ranked%20first%20among%20the%20top%20five%20commodities%20exported%20to%20Japan.%C2%A0%3C%2Fp%3E%0A%3Cp%3ETop%20of%20the%20list%20of%20commodities%20imported%20from%20Japan%20in%202022%20was%20cars%2C%20with%20a%20value%20of%20Dh20.08%20billion.%3C%2Fp%3E%0A
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

The%20specs%3A%202024%20Mercedes%20E200
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Best Academy: Ajax and Benfica

Best Agent: Jorge Mendes

Best Club : Liverpool   

 Best Coach: Jurgen Klopp (Liverpool)  

 Best Goalkeeper: Alisson Becker

 Best Men’s Player: Cristiano Ronaldo

 Best Partnership of the Year Award by SportBusiness: Manchester City and SAP

 Best Referee: Stephanie Frappart

Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)

Best Sporting Director: Andrea Berta (Atletico Madrid)

Best Women's Player:  Lucy Bronze

Best Young Arab Player: Achraf Hakimi

 Kooora – Best Arab Club: Al Hilal (Saudi Arabia)

 Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)

 Player Career Award: Miralem Pjanic and Ryan Giggs

Updated: September 05, 2023, 1:37 PM