Troops guard one of the entrances of Salmaniya Hospital in Manama. Bahrain's opposition has demanded an end to 'the siege' of the hospital.
Troops guard one of the entrances of Salmaniya Hospital in Manama. Bahrain's opposition has demanded an end to 'the siege' of the hospital.
Troops guard one of the entrances of Salmaniya Hospital in Manama. Bahrain's opposition has demanded an end to 'the siege' of the hospital.
Troops guard one of the entrances of Salmaniya Hospital in Manama. Bahrain's opposition has demanded an end to 'the siege' of the hospital.

Bahraini opposition rules out talks


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  • Arabic

MANAMA // The leader of Bahrain's main opposition group said last night that they would not begin a dialogue with the government on a path to reform until troops withdraw from the country's streets.

Sheikh Ali Salman, the head of Al Wefaq party, told a press gathering that peaceful protests would continue, despite a state of emergency still in place across the country.

"We won't go to talks over the bodies of our children," he said.

The government claims the emergency rule is aimed at restoring order and security after a month of unrest. The three-month emergency rule gives the military wide powers to suppress the pro-democracy uprising that began in mid-February.

Sheikh Khalifa bin Salman al Khalifa, the prime minister, said yesterday that the government was still committed to reform.

"The door is and will remain open for anyone keen on national reform for the reform project initiated by the king is a continuous process that will never stop," he said in a statement carried by the state news agency.

During a meeting of the Bahraini cabinet yesterday, the government stressed that "ongoing procedures are necessary and that checkpoints aim to ensure the safety and security".

Since emergency rule was imposed on the island on March 15, the opposition believe 100 people have gone missing. Two men previously listed as missing were yesterday confirmed to have died from wounds they received late last week, according to Al Wefaq. One woman, Bahia al Aradi, a nurse, was also pronounced brain-dead yesterday.

Sheikh Salman was speaking at a press gathering where seven Bahraini opposition groups announced key demands, including the immediate release of political prisoners, including Hassan Mushaima, the leader of the Haq movement, and Ebrahim Sharif of Waad, who were arrested on Wednesday. The government has described them as members of a "sedition ring".

The opposition also demanded an end to "the siege" on Salmaniya Hospital, which is now controlled by security forces, and appealed to the international community to ensure the safety of the Bahraini people.

"We ask our people to gather every night on his roof to say to the government that people are still demanding real democracy," said Sheikh Salman, referring to the nightly cries of Allah-uh-akhbar that can be heard coming from many villages.

"We won't ask them to go to the street … [But] this strategy may change if we see no other solution than to die in the street."

Amid growing concern about the violent tactics being used by security forces and fears for those still missing, late on Saturday night two men were seen being beaten and kicked by a group of a dozen, balaclava-clad soldiers and police in uniform.

It was not clear why the men were being held, but they were in violation of the curfew in place in the area. One policeman was seen taking a running start before kicking one of the men, who lay face down on the tarmac, in the middle of a major intersection in central Manama.

The men were blindfolded, their hands handcuffed and twisted behind their backs. Their feet were also bound, while the police searched their car. One of the men was later put in the back of a police truck, while the other was taken away in an unmarked car.

Yesterday, another village mourned as the funeral procession for Isa Radhi, a 46-year-old security guard, was held in Sitra, where thousands poured onto the streets.

Early yesterday, men gathered outside a mosque in the village, where Radhi's body lay, in a scene that has become all too familiar in the last month. Radhi is believed to have been killed during clashes on the island of Sitra on Tuesday. He suffered massive trauma to the head and was shot in his legs, according to his family.

Ibrahim Radhi, the dead man's younger brother, yesterday described him as a quiet and reserved man, who never married and was not actively involved in anti-government protests.

"Usually Isa is quiet and doesn't go out a lot. We are still not clear what happened, but I am sure he wasn't going to do anything but save our area from danger," said Mr Radhi, 35, who works in a bank. "My family feels upset, but we are also happy for him to go to his God and to a better life."

Also yesterday, a Kuwaiti medical delegation headed for Bahrain was refused entry at the Bahraini border and began to return home, a Kuwaiti government source said. The source did not know why the Bahraini authorities had refused entry to the convoy of 21 vehicles, including four ambulances, which had travelled by land through Saudi Arabia.

An official Bahraini source yesterday denied that the convoy had been banned and said the delegation would arrive tomorrow, the Bahrain News Agency reported.

A statement on Kuwait's state news agency, Kuna, earlier in the day, said that the convoy was sent to Bahrain in line with the instructions of the emir, Sheikh Sabah al Ahmed al Jaber al Sabah, "to aid the Gulf country and its brotherly people".

* James Calderwood reported from Kuwait City

jcalderwood@thenational.ae

zconstantine@thenational.ae

ANDROID%20VERSION%20NAMES%2C%20IN%20ORDER
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Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Cheeseburger%20ingredients
%3Cp%3EPrice%20for%20a%20single%20burger%20%C2%A30.44%3Cbr%3EPrice%20for%20a%20single%20bun%20%C2%A30.17%3Cbr%3EPrice%20for%20a%20single%20cheese%20slice%20%C2%A30.04%3Cbr%3EPrice%20for%2010g%20Gherkins%20is%20less%20than%20%C2%A30.01%3Cbr%3EPrice%20for%2010g%20ketchup%20is%20less%20than%20%C2%A30.01%20%3Cbr%3EPrice%20for%2010g%20mustard%20is%20less%20than%20%C2%A30.01%3Cbr%3EPrice%20for%2010g%20onions%20is%20less%20than%20%C2%A30.01%3C%2Fp%3E%0A%3Cp%3ETotal%2068p%3C%2Fp%3E%0A%3Cp%3ECredit%3A%20Meal%20Delivery%20Experts%3C%2Fp%3E%0A
Results:

6.30pm: Handicap (Turf) | US$175,000 2,410m | Winner: Bin Battuta, Christophe Soumillon (jockey), Saeed bin Suroor (trainer)

7.05pm: UAE 1000 Guineas Trial Conditions (Dirt) | $100,000 1,400m | Winner: Al Hayette, Fabrice Veron, Ismail Mohammed

7.40pm: Handicap (T) $145,000 1,000m | Winner: Faatinah, Jim Crowley, David Hayes

8.15pm: Dubawi Stakes Group 3 (D) $200,000 1,200m | Winner: Raven’s Corner, Richard Mullen, Satish Seemar

8.50pm: Singspiel Stakes Group 3 (T) $200,000 1,800m | Winner: Dream Castle, Christophe Soumillon, Saeed bin Suroor

9.25pm: Handicap (T) $175,000 1,400m​​​ | Winner: Another Batt, Connor Beasley, George Scott

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.”

RESULTS

Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden

INDIA'S%20TOP%20INFLUENCERS
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Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.