Afghan workers load electoral materials on a truck to be sent to polling station in Kandahar, Afghanistan. Afghans head to the polls on June 14, 2014 to choose a new president in a run-off election that will see Abdullah Abdullah and Ashraf Ghani compete with each other. Muhammad Sadiq/ EPA
Afghan workers load electoral materials on a truck to be sent to polling station in Kandahar, Afghanistan. Afghans head to the polls on June 14, 2014 to choose a new president in a run-off election thShow more

Challenges await Afghanistan’s next president



KABUL // One chapter in Afghanistan’s difficult political and military transition will move a step closer to ending on Saturday when the second round of the presidential election is held.

But even after the long, drawn out race reaches a conclusion a new set of problems seems certain to arise for the winner and the country as a whole.

Analysts believe the Taliban’s continued insurgency, the impending withdrawal of foreign troops and backroom deals made with powerful supporters during the campaign will immediately put serious pressure on the next president.

Only two men are left standing for office and both have served in high-level government positions in the past. Abdullah Abdullah is a former foreign minister and the current favourite. Although he won the first round of the election, he failed to achieve the more than 50 per cent of votes needed to triumph outright. Of mixed parentage, he is generally regarded as being closest to the ethnic Tajik community, the country's largest minority group.

His opponent is Ashraf Ghani, part of the majority Pashtun ethnic group, a ex-cabinet member and former World Bank technocrat who finished runner-up on April 5.

The rivalry between the two has become increasingly fractious in recent weeks but much of the hostility still lies under the surface. It has also spread to others who may stand in the way of their victory.

Naeem Ayubzada is director of the Transparent Election Foundation of Afghanistan (Tefa), an umbrella organisation of dozens of civil society groups in the country.

He told The National he and his staff had received threats before the first round, when eight candidates were running for the presidency. These threats were allegedly made not only by the Taliban but by associates of Mr Abdullah and Mr Ghani as well.

Reluctant to go into details, he said, “It is challenging for us in specific provinces to work independently and to work freely, without any fear.”

The first round of the election was generally viewed as a success, with turnout at about 60 per cent despite bad weather and the insecurity that plagues much of the country.

Tefa had 7,500 observers working on polling day and Mr Ayubzada said the vote went well compared to previous elections. But he added that stuffing of ballot boxes was common and claimed police chiefs in several provinces had been working for the three leading candidates: Mr Abdullah, Mr Ghani and Zalmai Rassoul, who has since chosen to back Mr Abdullah in the second round.

Asked if the candidates are aware of what happens on their behalf, he said, “Most of the time they know. They have to, they are the leaders.”

Mr Abdullah and Mr Ghani have accused each other’s supporters of committing widespread fraud in the first round and the mutual ill-feeling has only risen in the build-up to Saturday. The Independent Election Commission recently warned the candidates not to encourage ethnic and religious tension, blaming both sides of stirring up discrimination.

Before the election commission went public with its concerns, Mr Ayubzada said he had similar worries and had personally raised this issue with Mr Abdullah and Mr Ghani, who both pledged not to use such tactics.

A key feature of the run-off campaign was the way the two candidates tried to co-opt their rivals from the first round. Mr Abdullah has received the backing of three of the most prominent figures who ran then, including Mr Rassoul. However, several of their supporters have broken ranks to join Mr Ghani.

Mr Ayubzada is concerned that both men have been offering positions and influence within any future government in exchange for electoral favours.

“If the breakdown [of power] is into a hundred pieces and if you give one small piece to everybody then it will be very challenging for the president to have a transparent leadership, to transparently manage the government and be loyal to the commitments he made to the people.”

Whoever wins will be faced with tests soon after taking office, inluding a dire security situation. Mr Abdullah and Mr Ghani have promised to sign a security agreement with Washington that will keep American troops in the country beyond this year. But under terms recently announced by the US president Barack Obama, the size of that residual force will be only 9,800 soldiers – dropping to a few hundred after 2016.

Last Friday, Mr Abdullah survived a suicide attack targeting his convoy in Kabul – an incident the Afghan government blamed on an unnamed foreign intelligence service and the Pakistani militant group Lashkar-e-Taiba.

Afghanistan has one of the most corrupt governments in the world, according to Transparency International, and economic growth has begun to slow down drastically as the troop withdrawal gathers pace. The Taliban have also vowed to fight on until what they regard as an Islamic government is established.

Parwiz Kawa, the editor-in-chief of the daily newspaper Hasht-e Sobh, agreed the candidates might have problems fulfilling the backroom promises they have made. He said it was vital the ministers responsible for Afghanistan's security forces remained in their posts and were not changed as part of deals struck during the campaign.

Even then, he predicted the new administration would face a tough fight for survival.

“The international community will be leaving the country and once the international community leaves, resources also leave,” said Mr Kawa. “We do not have that much capacity in the government to finance all the public expenses that we have. Forget about development – they are not able to run the government.”

foreign.desk@thenational.ae

The biog

Favourite film: The Notebook  

Favourite book: What I know for sure by Oprah Winfrey

Favourite quote: “Social equality is the only basis of human happiness” Nelson Madela.           Hometown: Emmen, The Netherlands

Favourite activities: Walking on the beach, eating at restaurants and spending time with friends

Job: Founder and Managing Director of Mawaheb from Beautiful Peopl

The Dictionary of Animal Languages
Heidi Sopinka
​​​​​​​Scribe

Honeymoonish

Director: Elie El Samaan

Starring: Nour Al Ghandour, Mahmoud Boushahri

Rating: 3/5

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

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.”

The specs

Engine: 2.0-litre turbocharged 4-cyl
Transmission: 8-speed auto
Power: 300bhp (GT) 330bhp (Modena)
Torque: 450Nm
Price: Dh299,000 (GT), Dh369,000 (Modena)
On sale: now

THE SWIMMERS

Director: Sally El-Hosaini

Stars: Nathalie Issa, Manal Issa, Ahmed Malek and Ali Suliman 

Rating: 4/5

T20 World Cup Qualifier fixtures

Tuesday, October 29

Qualifier one, 2.10pm – Netherlands v UAE

Qualifier two, 7.30pm – Namibia v Oman

Wednesday, October 30

Qualifier three, 2.10pm – Scotland v loser of qualifier one

Qualifier four, 7.30pm – Hong Kong v loser of qualifier two

Thursday, October 31

Fifth-place playoff, 2.10pm – winner of qualifier three v winner of qualifier four

Friday, November 1

Semi-final one, 2.10pm – Ireland v winner of qualifier one

Semi-final two, 7.30pm – PNG v winner of qualifier two

Saturday, November 2

Third-place playoff, 2.10pm

Final, 7.30pm

MATCH INFO

Kolkata Knight Riders 245/6 (20 ovs)
Kings XI Punjab 214/8 (20 ovs)

Kolkata won by 31 runs

If you go

The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at. 
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.   

Sour Grapes

Author: Zakaria Tamer
Publisher: Syracuse University Press
Pages: 176

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

2024 Dubai Marathon Results

Women’s race:
1. Tigist Ketema (ETH) 2hrs 16min 7sec
2. Ruti Aga (ETH) 2:18:09
3. Dera Dida (ETH) 2:19:29
Men's race:
1. Addisu Gobena (ETH) 2:05:01
2. Lemi Dumicha (ETH) 2:05:20
3. DejeneMegersa (ETH) 2:05:42