Pakistan's volatile tribal areas draw foreign militants


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DIR // As Pakistan's army pushes ever deeper into the country's mountainous tribal regions in a bid to flush out extremists, they are making a startling discovery - the majority of fighters are foreigners, and not just from Afghanistan. Uzbeks, Europeans, Afghans, Russians and even a few Caucasian Americans all have been arrested along the rugged border with Afghanistan as the military presses its operation in North and South Waziristan.

Col Nadeem Mirza, the military commander, told The National on an exclusive trip to the region: "Our intelligence had informed us that al Qa'eda followers were hiding in the tribal agencies but no one was expecting to find so many foreigners and al Qa'eda members here. It seemed like these areas had become a fortress for al Qa'eda." According to Col Mirza, more than 80 per cent of mosque leaders in the tribal area are foreigners - and some are not even Muslims, he said.

"It is rare to find a mosque in the tribal areas where both the leader and the followers are Pakistanis," Col Mirza said. "We have arrested Uzbek mosque leaders, Russians and even Indians." Brig Mahmood Shah, an expert on Pakistan's tribal regions, said the presence of so many foreign fighters in the tribal regions showed that al Qa'eda had a greater presence than the government had been willing to admit, as the Taliban traditionally only recruited Afghan or Pakistanis.

The army's comments are startling because the government has so far been debunking reports pointing to the presence of al Qa'eda and Osama bin Laden in Waziristan. Rumours about foreign fighters in Pakistan have long been making the rounds but this is the first time an army officer has gone on record acknowledging their presence. In October, during military operations in Orakzai, Sherwangai and other areas along the Afghan border, passports belonging to German and Spanish men were recovered, along with photographs of suspected foreign militants.

Hassan Askari, a political analyst, said the presence of foreign fighters makes the battle more challenging for the military. "These foreigners are familiar with the terrain in Pakistan, Afghanistan and even India," he said. "It's almost impossible to hunt them down since they can easily move across borders. When you're fighting Pakistanis, you know they will be less eager to jump across the border since they're more familiar with the region on this side: not so with foreigners."

The district of Dir is currently at the forefront of the military operation. During raids conducted by the army, dozens of Kalashnikovs, pistols and hand grenades were recovered. Col Mizra said: "It's obvious that the militants have foreign assistance. Look at this display of arsenal - some of them are imported weapons, others have probably been snatched from Nato forces [in Afghanistan]. "These people are being helped by their colleagues in Afghanistan, India and other places."

Although the army now admits to the presence of foreign fighters in the region, it insists that there is no indication that bin Laden or any other high-ranking al Qa'eda operatives are in Pakistan. "Yes, al Qa'eda members and their affiliates are present in Waziristan but not to the degree Americans would like us to believe," Col Mirza said. "I don't believe any high-ranking al Qa'eda members are hiding in Waziristan."

The military's Rah-e-Najat operation which began in mid-October was described by the army as being the "largest and most aggressive" assault against militants hiding in the tribal regions. The army sent in 30,000 troops believing they would be fighting 10,000 militants, but Col Mirza said that in some areas, such as Dir, where he is posted, that was a gross underestimation. "We have fought battles where there were 110 army officers to a hundred militants," he said. "Our estimates weren't as exact as we would have liked them to be. The rugged terrain and the inaccessibility of many parts of the tribal agencies makes it hard to get an exact number of militants."

However, the military claims its operation has been far more successful than many predicted. In many parts of Waziristan, the army has re-established control and militants have been captured, killed or weakened to a degree that they are no longer a definite threat. Col Mizra said this was down to a three-stage strategy. The first stage was gaining control over the militants' main supply routes, such as Bajaur from where supplies from the rest of Pakistan enter Waziristan, and areas bordering the Pak-Afghan border.

"This was a relatively easier stage," Col Mirza said, "because most of the militants had moved to hiding places inside Waziristan making it easy for us to get hold of their supply lines. As we moved inward, we maintained a presence on the border areas to ensure that our control on the supply lines remained strong." The second stage entailed taking control of valleys and plains, while the third stage involved "search and cordon off" operations, including raids on hide-outs and safe houses. The army claims that in most areas, Operation Rah-e-Najat is now in stage three.

Col Mirza said that at the beginning of the operation, locals were hostile to their presence. He said residents at first refused to talk about the presence of militants, but gradually opened up to the extent that now, the military relies on them for intelligence gathering. * The National

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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Should late investors consider cryptocurrencies?

Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.

They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.

“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.

He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.

Dirham Stretcher tips for having a baby in the UAE

Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:

• Buy second hand stuff

 They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.

• Get a health card and vaccinate your child for free at government health centres

 Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.

• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.

Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.

• Once baby is ready for solids, cook at home

Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.

START-UPS%20IN%20BATCH%204%20OF%20SANABIL%20500'S%20ACCELERATOR%20PROGRAMME
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Forced%20Deportations
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Violence%20
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Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

Revival
Eminem
Interscope

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."
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JOKE'S%20ON%20YOU
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UAE currency: the story behind the money in your pockets
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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

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.