Pakistani soldiers stand guard on top of a mountain overlooking the Swat valley at Banai Baba Ziarat in north-west Pakistan.
Pakistani soldiers stand guard on top of a mountain overlooking the Swat valley at Banai Baba Ziarat in north-west Pakistan.
Pakistani soldiers stand guard on top of a mountain overlooking the Swat valley at Banai Baba Ziarat in north-west Pakistan.
Pakistani soldiers stand guard on top of a mountain overlooking the Swat valley at Banai Baba Ziarat in north-west Pakistan.

Long fight ahead in Swat valley


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  • Arabic

BANAI BABA ZIARAT // Craters, foxholes and caves pock the top of the ridge above the tree-line at Banai Baba Ziarat. Brig Suba Khan, 50, an old-fashioned officer who remains with his men at night on the heights, led the force that captured the ridge from Taliban militants two days ago. It took him and his men two days to battle up the steep ridge from three directions under heavy fire. "We had three fatalities," he said. "There were 70 to 80 militants left who contested our assault. It was a simple case of infantry tactics - fire and move." Talking to a group of journalists who were ferried here in a military helicopter, Maj Gen Sajjad Ghani, the commanding officer in upper Swat, said: "This was a symbol for them. It was a hub with communications antennae and a command-and-control centre." Army video footage recorded before the assault showed militants swarming near tents they had apparently pitched on the ridge. The view from the ridge revealed Swat's lush valley surrounded by tiers of steep hills behind which rise the snowcapped mountains of the Hindu Kush. At 2,286 metres, the ridge commands the main valley of Swat and its surrounding mountains and passes. The footage also demonstrated how much more work the Pakistani army has left to do in Swat. To the west lay Peochar, an upland valley where the militants have their main stronghold. Airborne commandos landed on its high points last week to prepare for a ground assault that is presently inching its way past the mouth of the valley. To the east lay Malam Jabba, once a famous ski resort, replete with a ski lift, now under the control of the Taliban. Kalam and Bahrain lay to the far north. Last week villagers tried to repel militants with whom they are now locked in a standoff. The villagers are short of food and medicine. Mingora, Swat's main town, lay to the south. The army had already cleared a nearby militant stronghold at Matta. Yesterday, troops entered the town and engaged militants in urban warfare. The army spokesman, Maj Gen Athar Abbas, said at least 17 militants have been killed in the offensive over the past 24 hours. But three more "troublesome valleys" remain in the Taliban's control. Far below Banai Baba Ziarat, on the valley floor at Khwazakhela, the army is in control of a seemingly idyllic countryside. Lines of trees divide up neat fields of fruit trees bearing peach, apricot and persimmon. Fields of maize will soon provide a tall screen that militants can use to screen their movements. Brig Ajab, a cigar aficionado and the local commander who has been posted at Khwazakhela for 18 months, explained why the militants nicknamed him "Sur Kafir" or "Red Infidel". "Because here we have managed to keep control, to make sure CD shops stayed open and that schools were running," he said. The Taliban have said he will "not leave Swat alive". Army officers said they hoped that the town was a model for Swat. Maj Gen Ghani said: "The people of Swat have seen the true face of the Taliban. Today they stand isolated here and in the valley and at the national level. This is a big achievement. "We must eliminate them and finish them off in the valley once and for all." The general said five per cent to 10 per cent of upper Swat's population of 300,000 has fled Swat, and the number is far greater in the densely populated south. The United Nations estimates that more than one million people have fled Swat since the fighting began this month. In his area of command the general estimated that his forces are fighting 2,000 to 3,000 militants. "But already young recruits have been persuaded by our operations to return to their homes. There is a fair chance they will not return to terrorism," he said. "While the foot soldiers are brainwashed with an incorrect Islam. The commanders' design is to hold political space." From Nov 2007 until a ceasefire ended last month, the army and government had agreed to a number of ceasefires and peace deals. During the last peace deal, the government had ceded to militant demands for the implementation of Sharia, but instead of laying down their arms, the militants marched into Swat's neighbouring districts. "The government now has sufficient experience of negotiations already," Maj Gen Ghani said. Army officers described the "deceitful role" they claim that the local administration played in shielding and abetting the Taliban. They accused Mohammed Javed, a former commissioner, of allowing the Taliban to retake the heights in the neighbouring district of Buner by persuading a local militia to abandon it. Col Abdul Rehman recalled picking up a notorious commander, who was laden with weaponry, during the last ceasefire. But Mr Javed secured his release. "I have lost 31 soldiers. It made me feel very bad to have to release a militant leader. My soldiers asked why we did not kill him," he said. Col Rehman added that because of one of the conditions of the ceasefire he was forced to release 365 militants. "Now they are all fighting," he said. The army is targeting Swat's Taliban leader, Mullah Fazlullah. "He has moved from place to place. We have mounted a raid and air attacks targeting him. I think it is a question of time before we get him. I am reasonably sure he is still in Swat," Maj Gen Ghani said. The general hoped that a drawn-out operation, which he envisaged taking up to three months, would prevent Swat's militants from uniting under al Qa'eda or more powerful Afghan Taliban. Officers acknowledged key difficulties. "The Taliban shaves off his beard and lays down his weapon, he is then an ordinary citizen. The enemy is faceless," the general said. "There is a possibility that militants will melt into the mountains, but the hardcore element want to fight it out." When he was asked whether his men have a problem fighting fellow Pakistanis, he said: "Never do we have a problem because we are fighting criminals and terrorists." But Col Rehman demurred. "It is hard to fight fellow Pakistanis. We take extra care to make sure they are the enemy. Fighting an insurgency in your own country is hell." For the time being, the bulk of the country supports the operation in Swat. "It feels as if their nation is at our back supporting us, morally and legally. As a soldier you feel great. "Now everyone has realised the threat," the colonel said. iwilkinson@thenational.ae

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.”

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Results

2pm: Al Sahel Contracting Company – Maiden (PA) Dh50,000 (Dirt) 1,200m; Winner: AF Mutakafel, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

2.30pm: Dubai Real Estate Centre – Maiden (TB) Dh60,000 (D) 1,200m; Winner: El Baareq, Antonio Fresu, Rashed Bouresly

3pm: Shadwell – Rated Conditions (TB) Dh100,000 (D) 1,950m; Winner: Lost Eden, Andrea Atzeni, Doug Watson

3.30pm: Keeneland – Handicap (TB) Dh84,000 (D) 1,000m; Winner: Alkaraama, Dane O’Neill, Musabah Al Muhairi

4pm: Keeneland – Handicap (TB) Dh76,000 (D) 1,800m; Winner: Lady Snazz, Saif Al Balushi, Bhupat Seemar

4.30pm: Hive – Conditions (TB) Dh100,000 (D) 1,600m; Winner: Down On Da Bayou, Royston Ffrench, Salem bin Ghadayer

5pm: Dubai Real Estate Centre – (TB) Handicap Dh64,000 (D) 1,600m; Winner: Lahmoom, Royston Ffrench, Salem bin Ghadayer

'Outclassed in Kuwait'
Taleb Alrefai, 
HBKU Press 

COMPANY%20PROFILE
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UAE%20ILT20
%3Cp%3E%3Cstrong%3EMarquee%20players%3A%3C%2Fstrong%3E%0D%3Cbr%3EMoeen%20Ali%2C%20Andre%20Russell%2C%20Dawid%20Malan%2C%20Wanindu%20Hasiranga%2C%20Sunil%20Narine%2C%20Evin%20Lewis%2C%20Colin%20Munro%2C%20Fabien%20Allen%2C%20Sam%20Billings%2C%20Tom%20Curran%2C%20Alex%20Hales%2C%20Dushmantha%20Chameera%2C%20Shimron%20Hetmyer%2C%20Akeal%20Hosein%2C%20Chris%20Jordan%2C%20Tom%20Banton%2C%20Sandeep%20Lamichhane%2C%20Chris%20Lynn%2C%20Rovman%20Powell%2C%20Bhanuka%20Rajapaksa%2C%20Mujeeb%20Ul%20Rahman%0D%3Cbr%3E%3Cstrong%3EInternational%20players%3A%3C%2Fstrong%3E%0D%3Cbr%3ELahiru%20Kumara%2C%20Seekugge%20Prassanna%2C%20Charith%20Asalanka%2C%20Colin%20Ingram%2C%20Paul%20Stirling%2C%20Kennar%20Lewis%2C%20Ali%20Khan%2C%20Brandon%20Glover%2C%20Ravi%20Rampaul%2C%20Raymon%20Reifer%2C%20Isuru%20Udana%2C%20Blessing%20Muzarabani%2C%20Niroshan%20Dickwella%2C%20Hazaratullah%20Zazai%2C%20Frederick%20Klassen%2C%20Sikandar%20Raja%2C%20George%20Munsey%2C%20Dan%20Lawrence%2C%20Dominic%20Drakes%2C%20Jamie%20Overton%2C%20Liam%20Dawson%2C%20David%20Wiese%2C%20Qais%20Ahmed%2C%20Richard%20Gleeson%2C%20James%20Vince%2C%20Noor%20Ahmed%2C%20Rahmanullah%20Gurbaz%2C%20Navin%20Ul%20Haq%2C%20Sherfane%20Rutherford%2C%20Saqib%20Mahmood%2C%20Ben%20Duckett%2C%20Benny%20Howell%2C%20Ruben%20Trumpelman%0D%3Cbr%3E%3C%2Fp%3E%0A
WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

MATCH INFO

Rajasthan Royals 158-8 (20 ovs)
Kings XI Punjab 143/7 (20 ovs)

Rajasthan Royals won by 15 runs

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If you go...

Etihad Airways flies from Abu Dhabi to Kuala Lumpur, from about Dh3,600. Air Asia currently flies from Kuala Lumpur to Terengganu, with Berjaya Hotels & Resorts planning to launch direct chartered flights to Redang Island in the near future. Rooms at The Taaras Beach and Spa Resort start from 680RM (Dh597).

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

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
Company Profile
Company name: OneOrder

Started: October 2021

Founders: Tamer Amer and Karim Maurice

Based: Cairo, Egypt

Industry: technology, logistics

Investors: A15 and self-funded 

 

 

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Results

Male 51kg Round 1

Dias Karmanov (KAZ) beat Mabrook Rasea (YEM) by points 2-1.

Male 54kg Round 1

Yelaman Sayassatov (KAZ) beat Chen Huang (TPE) TKO Round 1; Huynh Hoang Phi (VIE) beat Fahad Anakkayi (IND) RSC Round 2; ​​​​​​​Qais Al Jamal (JOR) beat Man Long Ng (MAC) by points 3-0; ​​​​​​​Ayad Albadr (IRQ) beat Yashar Yazdani (IRI) by points 2-1.

Male 57kg Round 1

Natthawat Suzikong (THA) beat Abdallah Ondash (LBN) by points 3-0; Almaz Sarsembekov (KAZ) beat Ahmed Al Jubainawi (IRQ) by points 2-1; Hamed Almatari (YEM) beat Nasser Al Rugheeb (KUW) by points 3-0; Zakaria El Jamari (UAE) beat Yu Xi Chen (TPE) by points 3-0.

Men 86kg Round 1

Ahmad Bahman (UAE) beat Mohammad Al Khatib (PAL) by points 2-1

​​​​​​​Men 63.5kg Round 1

Noureddin Samir (UAE) beat Polash Chakma (BAN) RSC Round 1.

Female 45kg quarter finals

Narges Mohammadpour (IRI) beat Yuen Wai Chan (HKG) by points.

Female 48kg quarter finals

Szi Ki Wong (HKG) beat Dimple Vaishnav (IND) RSC round 2; Thanawan Thongduang (THA) beat Nastaran Soori (IRI) by points; Shabnam Hussain Zada (AFG) beat Tzu Ching Lin (TPE) by points.

Female 57kg quarter finals

Nguyen Thi Nguyet (VIE) beat Anisha Shetty (IND) by points 2-1; Areeya Sahot (THA) beat Dana Al Mayyal (KUW) RSC Round 1; Sara Idriss (LBN) beat Ching Yee Tsang (HKG) by points 3-0.