Olaf Scholz, right, joined Berlin mayor Franziska Giffey, second left, on the campaign trail at a science lab. Reuters
Olaf Scholz, right, joined Berlin mayor Franziska Giffey, second left, on the campaign trail at a science lab. Reuters
Olaf Scholz, right, joined Berlin mayor Franziska Giffey, second left, on the campaign trail at a science lab. Reuters
Olaf Scholz, right, joined Berlin mayor Franziska Giffey, second left, on the campaign trail at a science lab. Reuters

Scholz hits Berlin campaign trail amid debate on Arab integration


Tim Stickings
  • English
  • Arabic

German Chancellor Olaf Scholz hit the campaign trail on Monday in a Berlin mayoral election marked by concerns over violence and integration.

Ugly scenes on December 31 including attacks on police and buses led to fingers being pointed at Arab and Turkish communities, and piled pressure on Berlin’s left-wing mayor Franziska Giffey.

The conservative Christian Democrats (CDU) caused an outcry by demanding to know the first names of Germans arrested, implying these would reveal a migrant background.

Ms Giffey then rebuked the CDU's national leader Friedrich Merz after he described children of immigrants as disrespectful "little pashas".

But the CDU and its Berlin candidate Kai Wegner now lead polls for Sunday's election, as they portray Berlin as a city descending into chaos.

“The violence on our streets against the police and fire brigade occurs every day, 365 days a year. New Year’s Eve was a sad and brutal high point,” Mr Wegner said.

“When people in hoods ambush firefighters and brutally attack them with iron bars, that does not call for an outstretched hand but a prison cell.”

Regional elections are also seen as a test of the German government’s support, with Mr Scholz — a member of the Social Democrats (SPD) like Ms Giffey — under pressure over his handling of the war in Ukraine.

He entered the campaign on Monday with a joint appearance with Ms Giffey at a science lab in Berlin belonging to German chemicals giant Bayer.

The SDP have promised more police at a notorious hotspot for Berlin criminals and drug dealers, and accused the CDU of talking Berlin down.

Violence on New Year's Eve led to renewed debate about migration and integration in Berlin. Getty
Violence on New Year's Eve led to renewed debate about migration and integration in Berlin. Getty

Mr Scholz’s government meanwhile called an immigration summit amid concerns that refugee and asylum facilities are becoming overcrowded.

“Many cities and local authorities are at their limit, but are doing outstanding work,” Mr Scholz’s integration commissioner Reem Alabali-Radovan said on Monday.

She earlier scolded the Berlin CDU by saying the perpetrators on New Year’s Eve should be “judged by their actions, not by their first names”.

A separate report last month found that Muslims in Germany were particularly vulnerable to discrimination based on their name and appearance.

The CDU, the main opposition in Germany and Berlin, is predicted to top the poll in Sunday’s election. Coalition talks will then follow to form a majority in Berlin’s House of Representatives.

The vote is a rerun of a September 2021 election that was declared null and void because of problems at polling stations. The CDU has seized on the fiasco as another sign of chaos at city hall.

Mr Scholz won the German general election on the same day in 2021 but that vote is only being rerun in a few parishes.

A postal strike could cause further procedural headaches this time, with people being urged to send their ballots early.

If Ms Giffey loses, there is speculation that Mr Scholz could appoint her to a cabinet post. She previously served as families minister under Angela Merkel’s government.

ITU Abu Dhabi World Triathlon

For more information go to www.abudhabi.triathlon.org.

T20 WORLD CUP QUALIFIERS

Qualifier A, Muscat

(All matches to be streamed live on icc.tv) 

Fixtures

Friday, February 18: 10am Oman v Nepal, Canada v Philippines; 2pm Ireland v UAE, Germany v Bahrain 

Saturday, February 19: 10am Oman v Canada, Nepal v Philippines; 2pm UAE v Germany, Ireland v Bahrain 

Monday, February 21: 10am Ireland v Germany, UAE v Bahrain; 2pm Nepal v Canada, Oman v Philippines 

Tuesday, February 22: 2pm Semi-finals 

Thursday, February 24: 2pm Final 

UAE squad:Ahmed Raza(captain), Muhammad Waseem, Chirag Suri, Vriitya Aravind, Rohan Mustafa, Kashif Daud, Zahoor Khan, Alishan Sharafu, Raja Akifullah, Karthik Meiyappan, Junaid Siddique, Basil Hameed, Zafar Farid, Mohammed Boota, Mohammed Usman, Rahul Bhatia

While you're here

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 more serious side of specialty coffee

While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.

The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.

Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”

One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.

Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms. 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Updated: February 06, 2023, 4:02 PM