The Syrian government has yet to accept offers of help from the European Union, four days after the earthquake that has killed more than 18,000 in neighbouring Turkey and at least 3,300 in Syria, an EU representative told The National.
Syrian authorities on Wednesday activated the EU’s humanitarian disaster response programme, called the civil protection mechanism. Its request included search and rescue teams, shelter and medicine.
This was followed a day later by a similar request filed by the World Food Programme, a UN agency.
Since the two requests were lodged, four countries — Austria, Finland, Italy and Romania — have put forward in-kind assistance, including shelter, medical and various non-food items.
By Friday afternoon neither Damascus nor the WFP had formally accepted their offers, meaning the aid remains on standby despite urgent need and freezing temperatures in the earthquake zone.
Ultimate approval must come from local authorities.
“To send assistance and rescue teams into any country, you need the permission of the affected country,” said Balazs Ujvari, EU Commission spokesman for humanitarian aid and crisis management.
“Until today, the EU civil protection mechanism did not have such a request,” he told The National.
For EU countries, shipping aid via the WFP is meant to alleviate concerns of misappropriation and ensure it is distributed in both government and non-government-controlled areas.
They would still have the option, however, to send aid directly to the Syrian government led by Bashar Al Assad, since it has also made a request for help.
Janez Lenarcic, European Commissioner for Crisis Management, told a press conference in Turkey on Thursday that the EU wants assistance to be distributed in a “fair and accountable manner”.
Mr Ujvari, his spokesman, said: “Given the record of oppression of Syrian people by the Assad regime, we of course need sufficient safeguards in place to ensure that the aid provided via UCPM [the EU's civil protection mechanism] would reach the people in need.”
UN and EU officials have repeatedly said helping Syrians is more difficult than supporting Turkey because of the civil war that has lasted for more than a decade.
Large parts of the country remain outside of government control, including the rebel-held north-west, an active war zone near the earthquake’s epicentre in Turkey.
Complicating matters, the UN Security Council has authorised only one border crossing for humanitarian assistance between Turkey and north-western Syria.
“It would be much easier to provide our assistance if all available border crossing points were authorised,” said Mr Lenarcic.
He rejected accusations made by Syrian officials that western sanctions had blocked aid from reaching earthquake victims.
“Nothing in our sanctions regime prohibits or in any other way hampers the delivery of humanitarian assistance,” he said.
Unlike Syria, which waited three days to make a request for the EU to trigger its civil protection mechanism, Turkey activated it immediately after the earthquake. Brussels has sent more than 1,600 rescue and medical personnel from 25 countries.
The National understands that the Syrian activation request was addressed by the Syrian embassy in Beirut to the local EU delegation.
So far, only EU aid which was already inside Syria and could be diverted from already existing stockpiles with local partners, including the UN, has reached those affected by the earthquake in the country.
"As an immediate response, our humanitarian partner organisations on the ground reprioritised their activities and contributed to the search and rescue efforts and also provided a range of essential services such as water and sanitation support, shelter and hygienic items," said Mr Ujvari.
The EU is the foremost humanitarian donor for Syria with an annual budget of around €150 million ($160.5 million). On top of this, the bloc announced an extra €3.5 million ($3.7 million) specifically to Syria to help its partners on the ground after the earthquake.
"We are working on channelling in additional humanitarian assistance through our humanitarian partners in every possible way," added Mr Ujvari.
Aid from the UN started trickling into north-western Syria on Thursday after extensive damage to roads was reportedly repaired by Turkish authorities, yet it did not include the rescue teams and diggers for which many had been asking.
Many survivors have been digging out their dead alone, sometimes by hand, with no international support.
The White Helmets, the only emergency response organisation operating in the north-west of Syria, told The National its volunteers were overstretched and desperately needed help.
UN officials say the possibility of finding survivors alive under the rubble decreases significantly one week after an earthquake.
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At a glance
Fixtures All matches start at 9.30am, at ICC Academy, Dubai. Admission is free
Thursday UAE v Ireland; Saturday UAE v Ireland; Jan 21 UAE v Scotland; Jan 23 UAE v Scotland
UAE squad Rohan Mustafa (c), Ashfaq Ahmed, Ghulam Shabber, Rameez Shahzad, Mohammed Boota, Mohammed Usman, Adnan Mufti, Shaiman Anwar, Ahmed Raza, Imran Haider, Qadeer Ahmed, Mohammed Naveed, Amir Hayat, Zahoor Khan
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.”
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
On Instagram: @WithHopeUAE
Although social media can be harmful to our mental health, paradoxically, one of the antidotes comes with the many social-media accounts devoted to normalising mental-health struggles. With Hope UAE is one of them.
The group, which has about 3,600 followers, was started three years ago by five Emirati women to address the stigma surrounding the subject. Via Instagram, the group recently began featuring personal accounts by Emiratis. The posts are written under the hashtag #mymindmatters, along with a black-and-white photo of the subject holding the group’s signature red balloon.
“Depression is ugly,” says one of the users, Amani. “It paints everything around me and everything in me.”
Saaed, meanwhile, faces the daunting task of caring for four family members with psychological disorders. “I’ve had no support and no resources here to help me,” he says. “It has been, and still is, a one-man battle against the demons of fractured minds.”
In addition to With Hope UAE’s frank social-media presence, the group holds talks and workshops in Dubai. “Change takes time,” Reem Al Ali, vice chairman and a founding member of With Hope UAE, told The National earlier this year. “It won’t happen overnight, and it will take persistent and passionate people to bring about this change.”
RACECARD%20
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The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
RESULTS
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SPECS
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory