A powerful bomb blast ripped through an Islamic seminary on the outskirts of the northwest Pakistani city of Peshawar on Tuesday morning, killing at least eight students and wounding 136 others, police and a hospital spokesman said.
The bombing happened as a prominent religious scholar was delivering a lecture about the teachings of Islam at the main hall of the Jamia Zubairia madrasa, said police officer Waqar Azim. He said initial investigations suggest the bomb went off minutes after someone left a bag at the madrasa.
TV footage showed damaged main hall of the seminary, where the bombing took place.
Several of the wounded students were in critical condition, and hospital authorities feared the death toll could climb further. Authorities said some seminary teachers and employees were also wounded in the bombing.
Shortly after the attack, residents rushed to the seminary to check up on their sons or relatives who were studying there. Many relatives were gathering at the city’s main Lady Reading Hospital, where the dead and wounded students were brought by police in ambulances and other vehicles.
Some Afghan students studying at the seminary were also among the wounded, officials said.
Pakistani Prime Minister Imran Khan condemned the bombing and asked authorities to ensure the provision of best possible medical aid to the victims.
From his hospital bed, a wounded student, Mohammad Saqib, 24, said religious scholar Rahimullah Haqqani was explaining verses from the Quran when suddenly they heard a deafening sound and then cries and saw bloodstained students crying for help.
“Someone helped me and put me in an ambulance and I was brought to hospital,” he said.
Mr Saqib had his both arms strapped but he was listed to be in a stable condition.
Another witness, Saeed Ullah, 24, said up to 500 students were present at the seminary’s main hall at the time of explosion. He said teachers were also among those who were wounded in the bombing.
A video filmed by a student at the scene showed the Islamic scholar Haqqani delivering a lecture when the bomb exploded. It was unclear whether the teacher was among the wounded persons.
The attack comes days after Pakistani intelligence alerted that militants could target public places and important buildings, including seminaries and mosques across Pakistan, including Peshawar.
No one immediately claimed the attack in Peshawar, which is the provincial capital of Pakistan’s Khyber Pakhtunkhwa province bordering Afghanistan. The province has been the scene of such militant attacks in recent years, but sectarian violence has also killed or wounded people at mosques or seminaries across Pakistan.
Unicef condemned the attack, saying schools should never be a target of attacks.
“Education is the fundamental right of every girl and boy, everywhere," said Unicef’s Pakistan Representative Aida Girma.
"Schools must never be targeted. They must remain safe learning environments at all times to protect the growth and healthy development of children, adolescents and young people.”
The latest attack comes two days after a bombing in the south-west city of Quetta killed three people. The Pakistani Taliban have been targeting public places, schools, mosques and the military across the country since 2001, when the country joined the US-led war on terror following the September 11 attacks in the United States.
Since then, the insurgents have declared war on the government of Pakistan and have carried out several attacks, including a brutal assault on an army-run school in the city of Peshawar in 2014 that killed 140 children and several teachers.
Dubai Creek Open in numbers
- The Dubai Creek Open is the 10th tournament on this year's Mena Tour
- It is the first of five events before the season-concluding Mena Tour Championship
- This week's field comprises 120 players, 21 of which are amateurs
- 15 previous Mena Tour winners are competing at Dubai Creek Golf and Yacht Club
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
COMPANY PROFILE
Name: Mamo
Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua
Based: Dubai, UAE
Number of employees: 28
Sector: Financial services
Investment: $9.5m
Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors.
Meydan race card
6.30pm: Baniyas (PA) Group 2 Dh125,000 (Dirt) 1,400m
7.05pm: Maiden (TB) Dh165,000 (D) 1,200m
7.40pm: Maiden (TB) Dh165,000 (D) 1,400m
8.15pm: Handicap (TB) Dh170,000 (D) 1,900m
8.50pm: Rated Conditions (TB) Dh240,000 (D) 1,600m
9.25pm: Handicap (TB) Dh175,000 (D)1,200m
10pm: Handicap (TB) Dh165,000 (D) 1,400m
The specs
Engine: 3.9-litre twin-turbo V8
Transmission: seven-speed
Power: 620bhp
Torque: 760Nm
Price: Dh898,000
On sale: now
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.”
500 People from Gaza enter France
115 Special programme for artists
25 Evacuation of injured and sick
Tom Fletcher on 'soft power'
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Bert van Marwijk factfile
Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder
Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia
Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands
Fight card
1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)
2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)
3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)
4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)
5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)
6. Bantamweight: Vinicius de Oliveira (BRA) v Furkatbek Yokubov (RUS)
7. Featherweight: Movlid Khaybulaev (RUS) v Zaka Fatullazade (AZE)
8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)
9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)
10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)
11. Bantamweight World title: Jaures Dea (CAM) v Xavier Alaoui (MAR)
12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)
Sunday's fixtures
- Bournemouth v Southampton, 5.30pm
- Manchester City v West Ham United, 8pm