Bitter rivals' meeting will boost hopes for peace



BEIRUT // Efforts by Lebanon's feuding political and religious factions to end more than two years of violent outbursts moved forward yesterday as the top political leader of Lebanon's Sunnis agreed to a meeting with his bitter rival from Hizbollah. After a delegation from Hizbollah's parliamentary leader Mohammed Raad met late Wednesday with Future Movement leader Saad Hariri, whose Sunni party dominates the current government, the first meeting between Mr Hariri and Sayed Hassan Nasrallah, the Hizbollah chief, in more than two years was proposed.

Mr Raad said the summit could happen "very soon", and Hizbollah officials said it might take place before the end of Ramadan. "We are not feuding neighbours," Mr Raad told reporters of the Sunni-Shiite split. "We are brothers in one house. We can differ, but brotherhood and cordiality persist to bind us and form the atmosphere that we all seek to safeguard our homeland." Hizbollah and its opposition allies have been at odds - occasionally violently - with the pro-western government led by Mr Hariri's party since the end of the 2006 war with Israel. Moreover, the opposition has accused the government of supporting Israeli and American efforts to undermine the resistance group.

The rivalry led to Hizbollah and its allies paralysing the government for nearly two years, only agreeing to a unity government in the wake of fighting between the opposition and government loyalists that killed more than 60 people in May. Mr Raad said this week that a face-to-face meeting between Mr Hariri and Sheikh Nasrallah could solve many of Lebanon's political problems, so the announcement was hailed as a significant breakthrough for a national reconciliation effort led by Michel Suleiman, the new president.

Alan Aoun, a senior official with Hizbollah's key Christian allies, the Free Patriotic Movement, described the breakthrough as a way to prevent future violence in Lebanon. "We always called for reconciliation between political factions, and we welcome such a move bringing Hizbollah and the Future movement together," Mr Aoun said. "Such move should reflect the [will of the] streets ? Knowing that political differences between parties got to a level of violence on the streets, clashes and hatred between sects and people [which we need to avoid]."

Mr Suleiman also met with George W Bush, the US president, for the first time yesterday during a trip to the United Nations and was set to discuss Hizbollah's weapons, relations with Syria and a possible role for Lebanon in a regional peace dialogue between Syria and Israel that is in its infancy. But Mr Suleiman faces more important domestic pressures and recently convened a national dialogue to discuss a range of political issues, including Hizbollah's role as an armed "state within a state", that will meet again on Nov 5.

This effort has been complemented by a series of meetings between rival factions over the past month designed to give the national talks a chance to end the tensions over politics, religion and regional security that have vexed Lebanon throughout much of the modern era. Recent meetings have eased tensions between Sunni and Allawite in Tripoli, where fighting killed more than 20 people this summer, as well as a successful effort to end rivalries within Lebanon's tiny but powerful Druze community.

One potential dividend of the breakthrough between Hizbollah and its rivals at the Future Movement was an immediate agreement brokered by Nabih Berri, the parliament speaker and a key opposition leader and Hizbollah ally, yesterday to remove the thousands of inflammatory political posters that have become ubiquitous throughout Beirut. Young men frequently battle each other over these posters, which are used to mark control by various factions of key neighbourhoods and intersections.

But even with movement fostering some optimism that brighter days could be ahead for Lebanon's fractious political scene, Beirut's residents have different warnings to their political leaders. One Hizbollah supporter, Hassan Atwi, 31, said that in his view Lebanon's Sunnis do not grasp the importance of the regional politics happening around them. "We have no problem with our brother Sunnis, but they seem to not understand Hizbollah and the resistance," he said. "They want the Americans to save them and build them a country. They are wrong, they should get close to the resistance, and Saad Hariri should do what his father did, get close and have good relations with the Islamic resistance."

But just a few kilometres away, in the militantly Sunni neighbourhood of Tarek Jdiddeh, which saw heavy fighting in May, the clashes still leave Sunnis bitter at Hizbollah for breaking a promise to never turn the guns of the resistance on their fellow Lebanese. According to Abu Omar, 42, more than dialogue is needed. "The reconciliation is not going to bring our pride back we lost when they [Hizbollah] invaded Beirut in May and turned their resistance weapons on us," he said. "The reconciliation might take effect only if Hassan Nasrallah apologises to us, the Sunnis of Beirut. Then it might be a sign of good will, and will ease the sectarian conflict between us."

But many Lebanese seem to agree with Maya, 23, who refused to give her sectarian background. She supports reconciliation, but suspects that each side's political leaders have only their own interests at heart. "I think when Lebanese people see their leaders getting along, people feel better," she said. "The reconciliation is a good step - maybe it will help stabilise the country and the economy that the politicians don't seem to care about. I have a call for all politicians: leave people alone and stop agitating for your own interests. We almost had a civil war in May because of their dirty games."

mprothero@thenational.ae

List of alleged parties

 May 15 2020: PM and Carrie attend 'work meeting' with at
least 17 staff members

May 20 2020: PM and Carrie attend 'bring your own booze'
party

Nov 27 2020: PM gives speech at leaving do for his staff

Dec 10 2020: Staff party held by then-education secretary
Gavin Williamson

Dec 13 2020: PM and Carrie throw a flat party

Dec 14 2020: London mayor candidate Shaun Bailey holds staff party at Conservative
Party headquarters

Dec 15 2020: PM takes part in a staff quiz

Dec 18 2020: Downing Street Christmas party

Five healthy carbs and how to eat them

Brown rice: consume an amount that fits in the palm of your hand

Non-starchy vegetables, such as broccoli: consume raw or at low temperatures, and don’t reheat  

Oatmeal: look out for pure whole oat grains or kernels, which are locally grown and packaged; avoid those that have travelled from afar

Fruit: a medium bowl a day and no more, and never fruit juices

Lentils and lentil pasta: soak these well and cook them at a low temperature; refrain from eating highly processed pasta variants

Courtesy Roma Megchiani, functional nutritionist at Dubai’s 77 Veggie Boutique

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Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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.”

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Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

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Jewel of the Expo 2020

252 projectors installed on Al Wasl dome

13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas

550 tonnes of moulded steel were raised last year to cap the dome

724,000 cubic metres is the space it encloses

Stands taller than the leaning tower of Pisa

Steel trellis dome is one of the largest single structures on site

The size of 16 tennis courts and weighs as much as 500 elephants

Al Wasl means connection in Arabic

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RESULTS

Men
1 Marius Kipserem (KEN) 2:04:04
2 Abraham Kiptum (KEN) 2:04:16
3 Dejene Debela Gonfra (ETH) 2:07:06
4 Thomas Rono (KEN) 2:07:12
5 Stanley Biwott (KEN) 2:09:18

Women
1 Ababel Yeshaneh (ETH) 2:20:16
2 Eunice Chumba (BRN) 2:20:54
3 Gelete Burka (ETH) 2:24:07
4 Chaltu Tafa (ETH) 2:25:09
5 Caroline Kilel (KEN) 2:29:14

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Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association