France has fallen silent on the fifth anniversary of the 2015 terror attacks which killed 130 people.
ISIS extremists targeted the Bataclan concert halls, Paris cafes and the national stadium on the night of November 13.
It was France’s deadliest peacetime attack and deeply shook the country.
It led to intensified French military action against extremists abroad and a security crackdown at home.
Five years later, Prime Minister Jean Castex led silent ceremonies at the multiple sites targeted by the armed attackers around the French capital.
The public could not join this year’s commemorations due to coronavirus lockdown.
The ceremonies came as France is again on high alert for terrorist attacks after three Islamic extremist attacks since September killed four people.
France on edge five years on
Five years after gunfire shattered that balmy Friday night in 2015, the country is again on its highest security alert following a spate of attacks.
The sheer horror of the attacks left scars that have still not healed.
Modern France's attitude towards Islam remains an issue of burning controversy.
And the security threat to France has not diminished, security sources say, even if the nature of the risk has changed with attackers more likely to be lone extremists inspired by a deadly ideology than part of an organised group.
France still reeling from three attacks in the last weeks: a knife attack outside the former offices of the Charlie Hebdo satirical magazine, the beheading of a teacher, and a deadly stabbing spree at a Nice church.
"You might think that the threat has faded into the background as other problems emerged," a French security source told AFP.
"But in reality, the figures show that it has remained high since 2015."
In the last five years, 20 attacks have been carried out on French soil, 19 plots failed and 61 were foiled.
There has been an increasing trend of attacks being carried out by isolated individuals, previously unknown to the intelligence services, who are inspired by jihadist propaganda and carry out attacks with weapons needing little preparation.
But the threat of an attack planned from outside France - as was the case on November 13, 2015 - remains serious.
"Just because ISIS has suffered a military defeat does not mean its military capacities have been annihilated," said a French official involved in the fight against terror, who asked not to be named.
Between 100 and 200 French jihadists are still believed to be in former ISIS strongholds in northern Iraq and Syria, and it would be an "illusion" to think they were not capable of coming back to France, added the official.
In January 2015, extremist gunmen massacred staff at the Charlie Hebdo satirical weekly, claiming they were avenging its publication of cartoons of the prophet Mohammed.
True to its defiant reputation, the magazine republished the cartoons to mark the start in September of the trial of suspected accomplices in the killings.
In the wake of that move, a Pakistan-born man wounded two people with a meat cleaver on September 25 outside Charlie Hebdo's former offices.
Teacher Samuel Paty, who had shown his class the cartoons, was beheaded outside his school on October 16 by an Islamist radical from Chechnya.
And on October 29, a man recently arrived from Tunisia killed three people with a knife in a Nice church.
The attacks reopened painful debates in France about the integration of Muslim minorities and also prompted tougher rhetoric from President Emmanuel Macron against radical Islam.
The security source said the risks were higher in the context of the current Charlie Hebdo trial and another trial over the Paris attacks, which is due to open early next year.
These hearings keep up "a kind of background noise," with the risk of "actions of support to those" who are on trial, said the security source.
The 2021 trial into the Paris attacks will see just one of the suspected perpetrators in the dock - French-Belgian Salah Abdeslam.
Nineteen other suspects accused of providing various logistical support will be on trial with him, though five presumed dead in either Iraq or Syria will be tried in absentia.
The suspected co-ordinator of the attacks - Belgian Abdelhamid Abaaoud, who shot indiscriminately at packed cafe terraces that night - was killed five days later in a police assault in the Paris suburb of Saint Denis.
More from Rashmee Roshan Lall
The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
MATCH INFO
Who: UAE v USA
What: first T20 international
When: Friday, 2pm
Where: ICC Academy in Dubai
UAE currency: the story behind the money in your pockets
UAE%20v%20West%20Indies
%3Cp%3EFirst%20ODI%20-%20Sunday%2C%20June%204%20%0D%3Cbr%3ESecond%20ODI%20-%20Tuesday%2C%20June%206%20%0D%3Cbr%3EThird%20ODI%20-%20Friday%2C%20June%209%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EMatches%20at%20Sharjah%20Cricket%20Stadium.%20All%20games%20start%20at%204.30pm%0D%3Cbr%3E%0D%3Cbr%3E%3Cstrong%3EUAE%20squad%3C%2Fstrong%3E%0D%3Cbr%3EMuhammad%20Waseem%20(captain)%2C%20Aayan%20Khan%2C%20Adithya%20Shetty%2C%20Ali%20Naseer%2C%20Ansh%20Tandon%2C%20Aryansh%20Sharma%2C%20Asif%20Khan%2C%20Basil%20Hameed%2C%20Ethan%20D%E2%80%99Souza%2C%20Fahad%20Nawaz%2C%20Jonathan%20Figy%2C%20Junaid%20Siddique%2C%20Karthik%20Meiyappan%2C%20Lovepreet%20Singh%2C%20Matiullah%2C%20Mohammed%20Faraazuddin%2C%20Muhammad%20Jawadullah%2C%20Rameez%20Shahzad%2C%20Rohan%20Mustafa%2C%20Sanchit%20Sharma%2C%20Vriitya%20Aravind%2C%20Zahoor%20Khan%0D%3C%2Fp%3E%0A
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.”
UAE currency: the story behind the money in your pockets
THE%20SPECS
%3Cp%3EEngine%3A%203-litre%20V6%20turbo%20(standard%20model%2C%20E-hybrid)%3B%204-litre%20V8%20biturbo%20(S)%0D%3Cbr%3EPower%3A%20350hp%20(standard)%3B%20463hp%20(E-hybrid)%3B%20467hp%20(S)%0D%3Cbr%3ETorque%3A%20500Nm%20(standard)%3B%20650Nm%20(E-hybrid)%3B%20600Nm%20(S)%0D%0D%3Cbr%3EPrice%3A%20From%20Dh368%2C500%0D%3Cbr%3EOn%20sale%3A%20Now%3C%2Fp%3E%0A
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
Simran
Director Hansal Mehta
Stars: Kangana Ranaut, Soham Shah, Esha Tiwari Pandey
Three stars
ULTRA PROCESSED FOODS
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- Margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars
- Energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- Infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes
- Many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts
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
More from Neighbourhood Watch
Killing of Qassem Suleimani
UAE currency: the story behind the money in your pockets
Klopp at the Kop
Matches 68; Wins 35; Draws 19; Losses 14; Goals For 133; Goals Against 82
- Eighth place in Premier League in 2015/16
- Runners-up in Europa League in 2016
- Runners-up in League Cup in 2016
- Fourth place in Premier League in 2016/17
The specs
Engine: 4.0-litre, twin-turbocharged V8
Transmission: nine-speed automatic
Power: 630bhp
Torque: 900Nm
Price: Dh810,000