CAIRO // The night breeze carried with it the foul stench from a nearby canal, black with garbage and pollution. The streets jammed with trucks and motorized rickshaws were so shattered that they hardly seemed paved at all.
It was to Cairo's slum of Munib on a recent evening that the Muslim Brotherhood, Egypt's biggest Islamic group, brought its election campaign message: the country must turn to Islam to rebuild.
"Muslims around the world expect great things from you," Essam el Erian, deputy head of the Brotherhood's new political party, told supporters crowded into a tent, with men across the aisle from women in headscarves or black veils. "We have to build a nation of freedom and equality, a nation of the true Islam."
The scene, like many in Egypt now, was inconceivable before President Hosni Mubarak's overthrow on February 11 ouster. Under Mr Mubarak's regime, the Brotherhood was banned. Tens of thousands of its members were arrested, many tortured, and its gatherings were held largely behind closed doors.
Now, with Mr Mubarak gone, the Brotherhood is storming into the open, appealing to religious voters and trying to win over Egypt's poor. It is likely to be part of Egypt's next government, with a hand not only in ruling but also in writing a new constitution. Its strength has fuelled fears among many Egyptians that it will turn what began as a pro-democracy uprising into Islamic rule.
But the Brotherhood's own identity is on the line, and there is pressure from inside and out for it not to go down a sharp-right Islamic road. Internally, Brotherhood moderates, many from a younger generation, are resisting control from hard-line leaders, in a struggle that could fragment the group. And from the outside, a budding democracy is pushing the Brotherhood, at least in public, to present a more liberal face.
How the Brotherhood deals with its new status will be a major test of whether Islamists and democracy can be compatible in the wake of the Middle East's wave of revolutions. With the Brotherhood involved in protests in Syria, Yemen, Libya and Jordan, the answer here could be a model across the region.
Mohammed Osman, a 29-year-old pharmacist who counts himself among the Brotherhood's new generation, says: "We're not ready for power, we don't have the flexibility. To go from prison to power, that could be extremely dangerous."
In one of Cairo's most prominent mosques, the Brotherhood's top leader, Mohammed Badie, paused in the combination sermon-campaign speech he was delivering. A child next to him, with a green Brotherhood sash across his chest, took the cue to break in with a chant.
"God is great!" the boy piped up. The crowd of more than 1,000 men, seated on the carpets of the Amr ibn al As Mosque, echoed back, "God is great, God is great!"
"Egypt's revolution was produced by none other than God Almighty," Mr Badie resumed. "The days of 'no religion in politics and no politics in religion' ended long ago."
The image recalls the nightmares Mr Mubarak's regime often evoked. Without Mr Mubarak's firm grip, his officials warned, the Brotherhood would seize power through the mosque. Women would be forced to wear the headscarf, clerics would hand out punishments such as amputations for thieves and whippings for adulterers, and Egypt's large Christian minority would be consigned to second-class status.
It is an image the Brotherhood is trying to shed as it adapts to the demands of a democratic system.
As Egypt races towards its first free and open parliament elections, planned for September, the Brotherhood's power in the new Egypt comes down to a raw count: how many seats it wins. In this country of 82 million, Egyptians are expected to vote in unprecedented numbers. Their preferences have never been measured before.
The 90-year-old Brotherhood, with its hundreds of thousands of activists, has a leg up on more secular activists scrambling to form parties from scratch. For the first time, it has formed a political party, holding rallies nationwide, from rural towns to urban slums. It has revved up social services that long helped build its following.
Brotherhood leaders say the new Freedom and Justice Party will run for only half of parliament's seats, so it cannot gain a majority: they predict 30 to 40 per cent. Nor will it field a candidate in November's presidential election. It is also trying to form coalitions with other parties, including liberals.
Mr el Erian, the party's deputy head, says parties must work together for several years to entrench a democratic system.
"Maybe after that, everyone can compete without any problems," he told the Associated Press.
Many Brothers style their party in the mould of Turkey's Islamic-based Justice and Development Party, which has held power for nearly a decade by improving the economy without aggressively pushing a religious agenda.
The vision they have for Egypt: a "civil state with an Islamic basis".
It is a vague formula, and the Brotherhood is under pressure to make clear what it means. Decades of oppression provided the group an odd luxury: barred from state-dominated media, it rarely had to sell positions to the public. It could tout broad slogans, like "Islam is the solution," and draw support from resentment of Mr Mubarak.
Now Brotherhood officials on TV talk shows are questioned whether they will ban alcohol or implement Islamic punishments. Their answer: It is not the time. The time may never come, they say, and if it does it will only be with voters' consent.
In a draft, the party's vision for a new constitution mirrors that of most liberals, a parliamentary system with limited powers for the president and guarantees of personal freedoms, a radical change to ensure that no irremovable "pharaoh" like Mr Mubarak can rule.
Absent are past Brotherhood ideas, such as a panel of clerics to advise the government.
"We are for freedom of expression for all, even if it's a communist, a leftist or a secularist," says Aly Khafagy, a 29-year-old party organiser. "Ultimately, the street is the one that rules. If the street is the one that can put us in, it can also put us out."
And "the Islamic basis"? Mr Khafagy depicts it as a democracy that "respects Islamic values," in the vein of US conservatives who talk of America's "Judeo-Christian heritage." For Mohammed Osman, the pharmacist, Tahrir Square during the days of the anti-Mubarak uprising was a "Utopia".
He and other young Brothers were in the square alongside liberal and secular protesters, in what he calls the spirit of openness of the new Brotherhood generation.
It's in contrast to the older Brotherhood leadership, bred on secrecy and tight control. Their attitude is typified in the group's central tenet, "Listen and obey": once leaders make a decision, members have a near-religious duty to follow.
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The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
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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.”
The Travel Diaries of Albert Einstein The Far East, Palestine, and Spain, 1922 – 1923
Editor Ze’ev Rosenkranz
Princeton
RESULTS
Bantamweight: Victor Nunes (BRA) beat Azizbek Satibaldiev (KYG). Round 1 KO
Featherweight: Izzeddin Farhan (JOR) beat Ozodbek Azimov (UZB). Round 1 rear naked choke
Middleweight: Zaakir Badat (RSA) beat Ercin Sirin (TUR). Round 1 triangle choke
Featherweight: Ali Alqaisi (JOR) beat Furkatbek Yokubov (UZB). Round 1 TKO
Featherweight: Abu Muslim Alikhanov (RUS) beat Atabek Abdimitalipov (KYG). Unanimous decision
Catchweight 74kg: Mirafzal Akhtamov (UZB) beat Marcos Costa (BRA). Split decision
Welterweight: Andre Fialho (POR) beat Sang Hoon-yu (KOR). Round 1 TKO
Lightweight: John Mitchell (IRE) beat Arbi Emiev (RUS). Round 2 RSC (deep cuts)
Middleweight: Gianni Melillo (ITA) beat Mohammed Karaki (LEB)
Welterweight: Handesson Ferreira (BRA) beat Amiran Gogoladze (GEO). Unanimous decision
Flyweight (Female): Carolina Jimenez (VEN) beat Lucrezia Ria (ITA), Round 1 rear naked choke
Welterweight: Daniel Skibinski (POL) beat Acoidan Duque (ESP). Round 3 TKO
Lightweight: Martun Mezhlumyan (ARM) beat Attila Korkmaz (TUR). Unanimous decision
Bantamweight: Ray Borg (USA) beat Jesse Arnett (CAN). Unanimous decision
Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
The%20specs%3A%20Taycan%20Turbo%20GT
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Six large-scale objects on show
- Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
- The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
- A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
- Frank Lloyd Wright’s 1930s Kaufmann Office
- A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
- Torrijos Palace dome
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
Greatest Royal Rumble match listing
50-man Royal Rumble - names entered so far include Braun Strowman, Daniel Bryan, Kurt Angle, Big Show, Kane, Chris Jericho, The New Day and Elias
Universal Championship Brock Lesnar (champion) v Roman Reigns in a steel cage match
WWE World Heavyweight ChampionshipAJ Styles (champion) v Shinsuke Nakamura
Intercontinental Championship Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe
United States Championship Jeff Hardy (champion) v Jinder Mahal
SmackDown Tag Team Championship The Bludgeon Brothers (champions) v The Usos
Raw Tag Team Championship (currently vacant) Cesaro and Sheamus v Matt Hardy and Bray Wyatt
Casket match The Undertaker v Rusev
Singles match John Cena v Triple H
Cruiserweight Championship Cedric Alexander v Kalisto
Ant-Man and the Wasp
Director: Peyton Reed
Starring: Paul Rudd, Evangeline Lilly, Michael Douglas
Three stars
Dubai Bling season three
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
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