Saudi Foreign Minister Adel Al Jubeir speaking at a press conference at the Saudi Embassy in Washington June 17, 2016.Kevin Lamarque/ REUTERS
Saudi Foreign Minister Adel Al Jubeir speaking at a press conference at the Saudi Embassy in Washington June 17, 2016.Kevin Lamarque/ REUTERS
Saudi Foreign Minister Adel Al Jubeir speaking at a press conference at the Saudi Embassy in Washington June 17, 2016.Kevin Lamarque/ REUTERS
Saudi Foreign Minister Adel Al Jubeir speaking at a press conference at the Saudi Embassy in Washington June 17, 2016.Kevin Lamarque/ REUTERS

Dozens of US diplomats urge military strikes against Syria’s Assad


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WASHINGTON// Saudi Arabia on Friday reiterated its call for air strikes against Bashar Al Assad’s regime in Syria, after US diplomats broke ranks with the White House to push for robust action.

“If the Assad regime feels that it can continue in a stalemate, much less prevail, there will be no incentive for them to take the necessary steps to bring about a transition in Syria,” Saudi foreign minister Adel Al Jubeir told a news briefing during a Washington.

Among the measures proposed by Mr Al Jubeir were imposing a no-fly zone and arming rebels with surface-to-air missiles.

Mr Al Jubeir spoke as the Saudi Deputy Crown Prince Mohammed bin Salman held talks with US president Barack Obama at the White House. The United States and Saudi Arabia are key backers of Syrian opposition groups seeking to remove Mr Al Assad, who is supported by Russia and Iran.

Saudi officials have long been discreetly critical of Mr Obama’s cautious approach to the five-year-old conflict in Syria.

But Mr Al Jubeir was speaking after the US state department was forced to confirm that many of its own diplomats had signed a cable on a “dissident channel” calling for more robust action in Syria.

Mr Obama is reluctant to see US forces drawn into another Middle East conflict, and many in Washington are concerned that weapons sent to the rebels fighting the Assad regime could get into the hands of extremists.

A five-year civil war in the country has killed more than 280,000 people, forced millions to flee abroad and allowed extremist groups such as ISIL and a Syrian branch of Al Qaeda to establish control in parts the country.

A ceasefire brokered by the US and Russia that took effect earlier this year has unravelled as simultaneous UN-backed peace talks in Geneva broke down over the issue of a political transition in Syria.

In a sign of growing frustration with the US policy in Syria, more than 50 state department diplomats signed a sharply critical internal memo calling for military strikes against the Assad regime to stop its persistent violations of the ceasefire.

The “dissent channel cable” was signed by 51 mid- to high-level officers involved with advising on Syria policy. It was reported by the Wall Street Journal.

The cable calls for “targeted military strikes” against the Syrian government in light of the near-collapse of the ceasefire brokered earlier this year, the newspaper reported, quoting copies of the cable.

Military strikes against the Assad government would represent a major change in the Obama administration’s long-standing policy of not intervening directly in the Syrian civil war, even as it has called for a political transition in which Mr Al Assad would leave power.

One US official, who did not sign the cable but has read it, said the White House remained opposed to greater American military involvement in the Syrian conflict.

The official said the cable was unlikely to alter that, or shift president Barack Obama’s focus from the battle against the persistent and spreading threat posed by the ISIL group.

A second source who had read the cable said it reflected the views of US officials who have worked on Syria, some of them for years, and who believe the current policy is ineffective.

“In a nutshell, the group would like to see a military option put forward to put some pressure ... on the regime,” said the second source, who spoke on condition of anonymity.

While dissent cables are not unusual, the number of signatures on the document is large.

“That is an astonishingly high number,” said Robert Ford, who resigned in 2014 as US ambassador to Syria over policy disagreements, and is now at the Middle East Institute, a Washington think tank.

“For the last four years, the working level at the state department has been urging that there be more pressure on Bashar Al Assad’s government to move to a negotiated solution” to Syria’s civil war, he said.

Mr Ford noted that this was not the first time the state department has argued for a more activist Syria policy. In the summer of 2012, the then secretary of state, Hillary Clinton, proposed arming and training anti-Assad rebels. The plan, which had backing from other cabinet officials, was rejected by Mr Obama and his White House aides.

The dissenting cable discussed the possibility of air strikes but made no mention of adding US ground troops to Syria.

The US has about 300 special operations forces in Syria carrying out a counter-terrorism mission against ISIL but not targeting the Assad government.

“We are aware of a dissent channel cable written by a group of state department employees regarding the situation in Syria,” state department spokesman John Kirby said in an email. “We are reviewing the cable now, which came up very recently, and I am not going to comment on the contents.”

Mr Kirby said the “dissent channel” was an official forum that allowed state department employees to express alternative views.

Central Intelligence Agency director John Brennan told a congressional hearing on Thursday that Mr Al Assad was in a stronger position than he was a year ago, bolstered by Russian air strikes against the moderate opposition.

Mr Brennan also said ISIL “terrorism capacity and global reach” had not been reduced.

The names on the memo are almost all midlevel officials — many of them career diplomats — who have been involved in the administration's Syria policy over the past five years, at home or abroad, the New York Times said.

* Reuters and Agence France-Presse

MATCH INFO

Confederations Cup Group B

Germany v Chile

Kick-off: Thursday, 10pm (UAE)

Where: Kazan Arena, Kazan

Watch live: Abu Dhabi Sports HD

Dubai Creek Open in numbers
  • The Dubai Creek Open is the 10th tournament on this year's Mena Tour
  • It is the first of five events before the season-concluding Mena Tour Championship
  • This week's field comprises 120 players, 21 of which are amateurs
  • 15 previous Mena Tour winners are competing at Dubai Creek Golf and Yacht Club  
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Brief scores:

Scotland 371-5, 50 overs (C MacLeod 140 no, K Coetzer 58, G Munsey 55)

England 365 all out, 48.5 overs (J Bairstow 105, A Hales 52; M Watt 3-55)

Result: Scotland won by six runs

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Tips for SMEs to cope
  • Adapt your business model. Make changes that are future-proof to the new normal
  • Make sure you have an online presence
  • Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
  • Open communication with customers to see how they are coping and be flexible about extending terms, etc
    Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

World Cup final

Who: France v Croatia
When: Sunday, July 15, 7pm (UAE)
TV: Game will be shown live on BeIN Sports for viewers in the Mena region

How to volunteer

The UAE volunteers campaign can be reached at www.volunteers.ae , or by calling 800-VOLAE (80086523), or emailing info@volunteers.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.”

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying

A Prayer Before Dawn

Director: Jean-Stephane Sauvaire

Starring: Joe Cole, Somluck Kamsing, Panya Yimmumphai

Three stars

Three ways to boost your credit score

Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:

1. Make sure you make your payments on time;

2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;

3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.

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

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

Racecard

5.25pm: Etihad Museum – Maiden (TB) Dh82,500 (Turf) 1,200m

6pm: Al Shindaga Museum – Handicap (TB) Dh87,500 (Dirt) 1,200m

6.35pm: Poet Al Oqaili – Handicap (TB) Dh95,000 (T) 1,400m

7.10pm: Majlis Ghurfat Al Sheif – Handicap (TB) Dh87,500 (D) 1,600m

7.45pm: Hatta – Handicap (TB) Dh95,000 (T) 1,400m

8.20pm: Al Fahidi – Rated Conditions (TB) Dh87,500 (D) 2,200m

8.55pm: Zabeel Trophy – Rated Conditions (TB) Dh120,000 (T) 1,600m

9.30pm: Coins Museum – Rated Conditions (TB) Dh95,000 (D) 1,600m

10.05pm: Al Quoz Creative – Handicap (TB) Dh95,000 (T) 1,000m

Persuasion
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Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind
Match info

Bournemouth 0
Liverpool 4
(Salah 25', 48', 76', Cook 68' OG)

Man of the match: Andrew Robertson (Liverpool)

The Rub of Time: Bellow, Nabokov, Hitchens, Travolta, Trump and Other Pieces 1986-2016
Martin Amis,
Jonathan Cape