Egypt’s cabinet has indefinitely suspended the national football league following the death of 22 fans. Ahmed Abd El Gwad / AP Photo
Egypt’s cabinet has indefinitely suspended the national football league following the death of 22 fans. Ahmed Abd El Gwad / AP Photo

Blame-trading in Egypt as 22 die in soccer stampede



CAIRO // Marwan El Sayed and his friends could not wait to see their first football game in two years. Instead, they witnessed a brutal melee of soccer fans pursued by police who dispersed the crowd with tear gas and birdshot, killing at least 22 people in the stampede.

“I could see the people down there screaming, and saying people are dying,” said the 18-year-old student from the American University in Cairo. “There was a guy ... other guys were holding him and taking him to the side of the road. They were trying to wake him up but he must’ve been dead.”

The game between the ENNPI and Zamalek started late but went ahead despite the pre-match violence. The teams drew 1-1 but it was the last match for the foreseeable future with the Egyptian government announcing afterwards that the national football league would be suspended indefinitely.

Omar Gaber, a midfielder for Zamalek, refused to play following the bloodshed.

“If it will be the last time I play football then I’ll be a beggar. I won’t play while my brothers are dying outside,” he said. “I was with them in bitter and sweet and I wish I was with them in the middle of the death. Their rights won’t be wasted.”

The Ultras White Knights, a hard-core group of Zamalek fans, wrote on their Facebook page that 28 had died, while the health ministry put the toll at 19. Egypt’s public prosecutor Hisham Barakat, meanwhile, said that 22 had been killed. Dozens were injured.

At least 18 people have been arrested after Mr Barakat’s office ordered the arrest of Ultras leaders.

Panic broke out at the stadium on Sunday after police fired tear gas into a narrow enclosed space where about 10,000 fans had gathered in an attempt to enter the grounds. The Air Defense stadium is smaller than other venues, and only one gate was being used. The bottleneck, lack of organisation surrounding entry, and generally poor crowd control practices turned out to be deadly.

The Egyptian interior ministry said security forces were trying to prevent fans without tickets from storming the stadium. A spokesperson, Hani Abdul Latif, told satellite channel CBC that the ministry did not want to open up games to spectators, citing security concerns, but eventually caved in to public pressure.

However, the Ultras called the killings “premeditated”, saying that the club’s chairman, Mortada Mansour had colluded with police to break the spirit of their group.

Sunday’s match was one of the first Egyptian Premier League games that allowed fans to enter after the league was suspended in 2012. That suspension was prompted by the deaths of 74 fans killed during a riot that broke out at a match in Port Said – one of the deadliest incidents of violence surrounding a football game in Egypt.

A forensic examiner for the area surrounding the Air Defense stadium said that most of the deaths on Sunday were caused by a stampede of fans, either through suffocation or blunt trauma, including broken necks. The Ultras said on Facebook that families of the dead were forced to sign papers attributing the deaths to the stampede rather than suffocation due to tear gas.

While Egypt’s interior ministry said security forces were trying to prevent the crowd from illegal entry, Mr El Sayed said he saw police pursuing the football fans as far as 200 metres away from the stadium. He and his friends were driving along the road leading up to the grounds when they encountered clashes. When Mr El Sayed crouched down onto the back seat of his car, he heard birdshot striking the vehicle’s doors, presumably by police firing at fans who were running away.

He and his friends quickly removed Zamalek scarves and jerseys for fear the police would target them as Ultras. The Ultras White Knights are one of a few groups of hard-core football fans that formed the core of confrontations with police during the 2011 overthrow of Hosni Mubarak and its aftermath. The incident in Port Said also claimed the lives of Ultras who support Zamalek’s main rival club, Al Ahly. The Ultras White Knights also have a contentious relationship with Zamalek’s chairman Mr Mansour.

Mr Mansour is a staunch supporter of president Abdel Fattah El Sisi, the former army chief who has waged a sweeping crackdown on dissent since he led the 2013 overthrow of former president Mohammed Morsi, Egypt’s first freely elected leader.

In statements to the media, Mr Mansour blamed thugs in the crowd and a lack of tickets, insinuating that less financially well-off fans were trying to sneak into the stadium. Requirements for tickets to be received through the club, which included providing a copy of an ID along with five personal photos, were not uniformly implemented.

Mr El Sayed disagreed with these comments, however, and said that wealthy students were among those without tickets. In any case, he said, the lack of tickets did not excuse such excessive force.

“I had friends that died with tickets,” added Mr El Sayed, saying that they were only college students.

foreign.desk@thenational.ae

* Additional reporting from Bloomberg and Associated Press

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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