Istanbul // The Islamic State of Iraq and the Levant was born in conflict a decade ago and is now thriving due to the new war in Syria.
Also known as Al Qaeda in Iraq and Levant, or, as Da’ash in Arabic, the group has become a major player in Syria and, in the past week, has dramatically reasserted itself by seizing parts of Iraq’s Anbar province.
The group has its roots in the Sunni-dominated western province, where it was established in 2003 by radical Islamists intent on fighting invading US troops.
Abu Musab Al Zarqawi, a Jordanian who led the fledging movement, quickly became one of the most feared and notorious figures in the Iraq war.
Swearing allegiance to Al Qaeda, he embarked on attacks against US forces, the struggling Iraqi authorities, international aid groups and, with the most dire consequences, against Iraq’s Shiite community.
A series of atrocities against Shiite civilians and shrines eventually provoked a sectarian war in Iraq – something Al Zarqawi had aimed to do – and it quickly created bloody chaos throughout the country.
Eventually the group’s extremism – it was known for gruesome videos showing hostages being beheaded – turned local supporters against it and, in conjunction with US troops, Sunni tribesmen and Iraqi government forces routed it from power bases in Mosul, Baquba, Ramadi, Fallujah and to the so called triangle of death, a killing zone south of Baghdad.
Al Zarqawi was killed in a US airstrike in 2005, US troops eventually pulled out at the end of 2011, and that appeared to be the end of Al Qaeda in Iraq. However, it turned out not to be that simple.
Underlying political problems in Baghdad went unaddressed by an increasingly imperious and sectarian-minded Shiite prime minister, Nouri Al Maliki and, in the absence of a genuinely inclusive national settlement, Sunni grievances in western Iraq festered. Al Qaeda in Iraq, dramatically weakened but not destroyed, began to revive and regroup under new leadership.
The start of the Syrian uprising or, more specifically, the strategy of President Bashar Al Assad’s regime to ignite a civil war rather than make genuine political reforms, in a desperate bid to cling to power, gave Al Qaeda in Iraq a golden opportunity to reassert itself.
As peaceful Syrian protesters were gunned down, arrested and tortured by regime security forces, an armed rebellion began to spread, one increasingly tarnished with sectarianism, broadly pitting a ruling Shiite sect, the Alawites, against the dispossessed Sunni majority.
In January 2012 Abu Bakr Al Baghdadi, Al Qaeda in Iraq’s leader, sent teams to establish a network, Jabhat Al Nusra, in Syria.
As the international community watched, doing nothing to stop the spreading war, Al Qaeda, bolstered by an influx of foreign fighters, joined the fight.
In many ways, 2013 was Al Qaeda’s year in Syria, with its affiliates emerging as the regime’s most implacable and effective military foe.
It was also a classic case of blowback. In Afghanistan, the US had fuelled Islamist militancy to defeat Soviet forces in the 1980s. Al Zarqawi was among those who joined that fight against the Russians.
Similarly, after the US-led invasion of Iraq, President Bashar Al Assad helped radical Islamists wage war against the US and the Iraqi government. Militants, Syrian and foreign, and weapons flooded across the border, facilitated by regime security networks in Damascus.
Those same militants, many of them freed from Syrian jails by Mr Al Assad after the uprising started, turned their guns against his regime, some of them under the Al Qaeda banner.
The Islamic State of Iraq and the Levant (Isil) - as it was officially branded in April 2013 - is drive by a political programme. It seeks to establish a caliphate, ultimately across the Arab world, ruled in accordance with its own austere and highly intolerant interpretation of Islam.
The group’s refusal to compromise, its brutal violence and its ability to spread fear are its hallmark, and perhaps its greatest strength. They are also its most obvious weakness.
Just as Al Qaeda’s allies in Iraq’s Sunni tribes eventually turned against it, now in Syria there are increasing incidents of Isil forces clashing with other powerful Islamic rebel factions – groups ostensibly on the same side in the war against the regime.
There has also been a schism within the Al Qaeda movement, with Jabhat Al Nusra and Isil splitting with ill-concealed acrimony. Hardly a liberal group, the Syrian-dominated Al Nusra also seems to have tired of Isil’s belligerence.
So too does Al Qaeda’s leader, Ayman Al Zawahiri, who chastised Al Baghadadi in November and ordered Isil be dissolved, leaving the field open for Al Nusra. That was an order Isil has shown no sign of obeying.
If, over the coming months, Isil is beaten back in Iraq by government forces and in Syria by other, less extreme, rebel factions, it will be a relief to many Syrians and Iraqis alike, and to the international community.
But, the pattern is clear. Without inclusive political settlements, and in the absence of justice and peace, the environment remains ripe for outbreaks of extremism and ideally suited for groups like the Isil to rise.
psands@thenational.ae
What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.
The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.
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.”
Killing of Qassem Suleimani
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