Amarjeet Kaur remembers the exact date, time and duration of her last conversation with her husband. It was the morning of June 15, 2014.
She remembers what they discussed too. "He spoke about the fighting near him," she says.
Since then, her life has become one long wait.
Her husband Gobinder Singh, a construction labourer, was abducted along with 38 other Indian citizens working in Iraq in June 2014 when ISIL took control of Mosul city. She has heard nothing of his fate since.
Left to raise two children by herself, Ms Kaur, 43, who works as a tailor near Jalandar, Punjab, has continued to hope against hope.
"He told me they were taken on June 11 and were being held in a basement of a building while fighting went on nearby," she told The National.
Forty Indian workers were abducted that day, but one escaped and several of those taken managed to sneak mobile phones with them and contacted their families.
In 2014, before they were completely cut off from the outside world, I managed to speak to two of the abductees - one of whom was Gobinder.
His brother Davinder Singh told me he believed Gobinder was trying to flee Mosul with a group of other Indian labourers when he was stopped by his employer. The construction company he worked for took away his passport forcing him to stay in Mosul which led to his eventual abduction, his brother said.
Back in 2014, not even the hostages knew for sure who their abductors were. ISIL had attacked Mosul on June 4 as they launched their lightning offensive across northern Iraq.
However, the abductors never issued any public demands. Nor did anyone claim to be holding the 39 Indians hostage.
For more: India confirms 40 workers abducted in northern Iraq
ISIL never formally admitted to the crime, but it is widely believed the insurgents were responsible for it.
So what happened to the 39 Indian workers in Iraq?
Much of what is known about the case - and its investigation - hinges on the testimony of one man, who claims to be the only person who escaped.
Harjit Masih said the other Indians had “most likely” been executed by the insurgents.
Indian authorities detained Mr Masih in 2015 and interrogated him repeatedly, but he was unable to provide more details of his escape or the fate of his fellow labourers.
There has been little progress over the years to determine their whereabouts, prompting outrage from their families and global activists.
The recent victory over Mosul by the Iraqi army, however, has brought fresh hope for their families and the Indian government is revisiting the case.
Last month, India's minister of external affairs, Sushma Swaraj, revealed she had contacted the prime minster of Iraq on the day he declared Mosul liberated from ISIL. Ms Swaraj also said he instructed VK Singh, one of her department's ministers of state, to go to Iraq and conduct inquiries.
On July 26, after almost three years of silence, Ms Swaraj told parliament why her ministry has refused to declare the victims dead. "Declaring anyone dead without proof is a sin and I won't commit a sin," she said in response to a question from the opposition in the Lok Sabha, the lower house of the Indian parliament.
She dismissed Mr Masih’s claim, arguing that if ISIL had indeed executed their Indian captives, there would have been evidence of their crime.
"Following Masih's claims, in 2014, I had asked the Indian embassy in Iraq to investigate it and they have found nothing to indicate that 39 Indians were killed in Mosul. There were no bodies found or a pool of blood or any signs of a mass slaughter," she said.
Ms Swaraj also reasoned that it was ISIL's habit to boast about their mass executions on social media. “There were no photos or videos or statements by ISIL regarding the murder of any Indians in Iraq. All this encouraged us to look for the missing Indians alive,” she said.
"Sources there [in Iraq] have told [minister of state] VK Singh that the missing Indians are most probably in a jail in Badush where fighting is still going on.”
While such assertions bolster the hopes of family members of the abductees, Ms Kaur is afraid of raising her hopes again.
Several times in the last three years, she said, the ministry has led her to believe her husband will soon be released.
“One of the minister’s personal assistants called us the other day and said that they had new information from reliable sources,” she said. Asked where the new information came from, she was told it came from “higher up”.
Ms Kaur said the ministry official who contacted her also assured her that her husband and other abducted Indians were in good condition.
“They keep telling us over and again that they are fine, but I don’t really understand what it means anymore,” she said.
However, Ms Swaraj conceded she could not confirm if the hostages were alive.
“I do not have actual proof that they were not killed as Masih says, but neither do I have any proof of their deaths and in good conscience I cannot give up if there is even the possibility that they may still be alive,” she told parliament.
Notwithstanding the minister's determination - and the reputation she has built as the relentless saviour of Indians in distress abroad - her counterparts in Iraq and Syria do not share her optimism.
The Syrian ambassador to India, Riad Kamel Abbas, said Syria has no information about the missing Indians.
Similarly, Iraq’s foreign minister, Ibrahim Al Jafari, who was in India on the day of Ms Swaraj’s parliamentary address, said his country was “not 100 per cent sure” that the abducted Indians were alive. “We don't know whether they are dead or alive. We are equally concerned,” he said.
For Ms Kaur and her children, it is the solidarity of the families of the other 38 captives that has enabled her to endure the uncertainty. Her 19-year-old son has been forced to work as a labourer while completing his college education to support the family and ensure his 14-year-old sister can stay in school.
“That is what my father wanted; for us to be get educated and make better lives for ourselves,” he said.
And despite the endless frustration of waiting, they have not given up hope.
“Could you carry a message for my husband in your paper?” Ms Kaur asks. “I want to tell him that wherever you are, please contact us as soon as you can and come back as soon as possible.”
She can only hope and pray that somehow, the message will reach him.
Sheer grandeur
The Owo building is 14 storeys high, seven of which are below ground, with the 30,000 square feet of amenities located subterranean, including a 16-seat private cinema, seven lounges, a gym, games room, treatment suites and bicycle storage.
A clear distinction between the residences and the Raffles hotel with the amenities operated separately.
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
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Match info:
Real Betis v Sevilla, 10.45pm (UAE)
MATCH INFO
Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium, Malayisa
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD
* Second leg in Australia on October 10
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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.”
'Texas Chainsaw Massacre'
Rating: 1 out of 4
Running time: 81 minutes
Director: David Blue Garcia
Starring: Sarah Yarkin, Elsie Fisher, Mark Burnham
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What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.