Battle for control of mosques in Yemen's sectarian divide


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Sunnis and Shiite Zaidi rebels in Yemen are waging a battle for the control of mosques, in a spillover of the sectarian strife.

The showdown was previously confined to the northern province of Saada, stronghold of Zaidi Ansarullah rebels who have since last year frequently clashed with supporters of the Sunni Islamist party Al Islah.

Sanaa accuses Ansarullah of being backed by Iran.

Since the beginning of Ramadan, frictions between the two sides have sharpened in the capital.

Salafists have been trying to seize control of a mosque led by a Zaidi imam in Sanaa, in response to a similar move by Ansarullah supporters against another mosque led by a Sunni imam in the capital.

This has sparked clashes in which knives were used and also a bomb attack that wounded five people last week, according to witnesses and police.

And on Thursday, gunmen on a motorbike shot dead two Shiites and wounded four others who were staging a sit-in protest in the capital, an Ansarullah rebel told AFP.

In a bid to ease tensions, the authorities have secured a commitment from both sides "not to use force to impose their own rites in mosques," according to Hmoud Obad, the minister of Waqf.

"In Yemen, there are no mosques for Zaidis and others for Sunnis. People have lived and prayed together for centuries, but the political polarisation taking place threatens to divide them," he told AFP.

The rebels, who belong to the Zaidi sect of Shiite Islam, are mainly concentrated in the north and make up 25 per cent of Yemen's Sunni-majority population estimated at 25 million.

The Zaidi rebels, also known as Huthis after their late leader Abdel Malek Al-Huthi, rose up in 2004 against the government of ex-president Ali Abdullah Saleh, accusing it of marginalising them politically and economically.

Thousands of people were killed in the uprising before a ceasefire was agreed in February 2010.

But their frustration was compounded by the rise to power for the first time in Yemen's history of a Sunni president, according to a participant in a continuing national dialogue.

Abdrabu Mansour Hadi replaced Saleh, who is Zaidi, in February 2012, under a UN- and Gulf-brokered power transfer deal which led to the former strongman's resignation following 11 months of mass protests against his rule.

Despite reservations about the deal, the Zaidis are taking part in the national dialogue launched in March to draft a constitution and prepare for elections.

The participant at the dialogue, who requested anonymity, said the rebels are "trying to strengthen their growing political role by achieving a stronger presence in the mosques," warning that "sectarian tensions will intensify."

But a representative of Ansarullah at the talks, Abdelkarim Al Jadhban, holds Al Islah, which is close to the Muslim Brotherhood, and its Salafist allies backed by Saudi Arabia responsible for the sectarian tensions.

"The Muslim Brotherhood and the Salafists want to take control of all mosques," including those in Saada, "where they have their own places of worship as well as the biggest centre for terrorism in Dammaj," he said.

Zaidi rebels in late 2011 laid siege to Dar Al Hadith, an Islamic institution that trains Sunni preachers and believes in the strictest and most draconian interpretations of Islam, in Dammaj near Saada.

The action sparked months of clashes that left dozens killed in the area, where the government's control is weak.

A Salafist delegate to the national dialogue, Mohammed Shibiba, accused the Zaidis of being tools in the hands of Iran and likened them to Lebanon's Shiite militant movement Hizbollah.

"Hizbollah is present in Yemen under the name of Ansarullah. They are backed by Iran which is trying to dominate Yemen," he said, charging that the Zaidis "receive military training" in the mountains.

Sanaa said a ship transporting 40 tonnes of weapons from Iran and destined for the Shiite rebels had been intercepted in January in the Gulf of Oman. Tehran denied the charge.

Yemeni analyst Fares Al Saqqaf insists that "Zaidis and Sunnis have coexisted peacefully for centuries, but the danger lies in the emergence of political Shiism based on the Iranian model."

"This is something Yemenis will never accept," he said.

MEYDAN RESULTS

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Winner ES Ajeeb, Sam Hitchcock (jockey), Ibrahim Aseel (trainer).          

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Winner  Galaxy Road, Antonio Fresu, Musabah Al Muhairi.

7.40pm Maiden (TB) Dh165,000 (D) 1,400m

Winner  Al Modayar, Fernando Jara, Ali Rashid Al Raihe.

8.15pm Handicap (TB) Dh170,000 (D) 1,900m

Winner  Gundogdu, Xavier Ziani, Salem bin Ghadayer.

8.50pm Rated Conditions (TB) Dh240,000 (D) 1,600m

Winner George Villiers, Tadhg O’Shea, Satish Seemar.

9.25pm Handicap (TB) Dh175,000 (D)1,200m

Winner  Lady Parma, Connor Beasley, Satish Seemar

10pm Handicap (TB) Dh165,000 (D) 1,400m

Winner Zaajer, Fernando Jara, Ali Rashid Al Raihe

MATCH INFO

Fixture: Thailand v UAE, Tuesday, 4pm (UAE)

TV: Abu Dhabi Sports

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Thank You for Banking with Us

Director: Laila Abbas

Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

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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.”

COMPANY PROFILE

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Sector: Startups

Size: 14

Funding: $1.7m from HNIs

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7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
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9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

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