Hezbollah supporters fix the party's flag on top of their rocket models in Bourj Qalawi near the southern port city of Tyre, Lebanon, 2007. AP Photo
Hezbollah supporters fix the party's flag on top of their rocket models in Bourj Qalawi near the southern port city of Tyre, Lebanon, 2007. AP Photo
Hezbollah supporters fix the party's flag on top of their rocket models in Bourj Qalawi near the southern port city of Tyre, Lebanon, 2007. AP Photo
Hezbollah supporters fix the party's flag on top of their rocket models in Bourj Qalawi near the southern port city of Tyre, Lebanon, 2007. AP Photo

Hezbollah has doubled precision-guided missile arsenal, leader Hassan Nasrallah says


  • English
  • Arabic

The leader of Lebanon's Hezbollah said on Sunday his group now has twice as many precision-guided missiles as it had a year ago, saying Israel's efforts to prevent it from acquiring them has failed.

Hassan Nasrallah, in an end-of-year interview with the Beirut-based Arabic Al Mayadeen TV, said his group has the capability to strike anywhere in Israel and occupied Palestinian territories.

Mr Nasrallah said when Israel threatened through a US official to target a Hezbollah facility in the eastern Bekaa region, his group warned it would retaliate to any such attack.

Revenge is coming no matter how long it takes

Israel has in recent months expressed concern that Hezbollah is trying to establish production facilities to make precision guided missiles.

During the four-hour interview, Nasrallah said there are many matters related to his group that Israel has no knowledge of because those are kept in a “very tight circle”.

Mr Nasrallah also said that the last few weeks of the administration of US President Donald Trump are critical and must be treated with care. He called Mr Trump “angry” and “crazy.”

Hezbollah is one of Iran’s main allies in the region and is a sworn enemy of Israel, with which it has had a series of confrontations, lastly in 2006.

Mr Nasrallah repeated vows that Iran and its allies will avenge the US killing of the commander of Iran's elite Revolutionary Guard Quds Force, Qassem Suleimani, in a drone attack a year ago in Iraq.

“That revenge is coming no matter how long it takes,” he told Al Mayadeen TV, sitting with a picture of Suleimani to his left.

Mr Nasrallah also vowed to avenge Israel's killing of a Hezbollah fighter in Syria earlier this year.

Addressing the incoming US administration of president-elect Joe Biden, Nasrallah said Iran would not negotiate with the US on behalf of its allies or discuss conflicts in the region. He said Tehran would talk with Washington only about the Iranian nuclear deal.

_____________

Gallery: protests shake Lebanon's elites 

  • Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
    Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
  • Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
    Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
  • Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
    Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
  • Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
    Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
  • Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
    Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
  • Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
    Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
  • Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
    Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
  • Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
    Students from different universities carry placards, wave Lebanese flags during a demonstration under the slogan of 'A Day of Student Rage' in Al-Hamra, Beirut. EPA
  • Lebanese students protest a decision by top universities to adopt a new dollar exchange rate to price tuition in Beirut's Hamra district. AFP
    Lebanese students protest a decision by top universities to adopt a new dollar exchange rate to price tuition in Beirut's Hamra district. AFP
  • Lebanese students burn dumpsters while protesting a decision by top universities to adopt a new dollar exchange rate to price tuition in Beirut's Hamra district. AFP
    Lebanese students burn dumpsters while protesting a decision by top universities to adopt a new dollar exchange rate to price tuition in Beirut's Hamra district. AFP
  • Lebanese students protest a decision by top universities to adopt a new dollar exchange rate to price tuition in Beirut's Hamra district. AFP
    Lebanese students protest a decision by top universities to adopt a new dollar exchange rate to price tuition in Beirut's Hamra district. AFP
  • Lebanese students protest a decision by top universities to adopt a new dollar exchange rate to price tuition in Beirut's Hamra district. AFP
    Lebanese students protest a decision by top universities to adopt a new dollar exchange rate to price tuition in Beirut's Hamra district. AFP
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Teenage%20Mutant%20Ninja%20Turtles%3A%20Shredder's%20Revenge
%3Cp%3E%3Cstrong%3EDeveloper%3A%20%3C%2Fstrong%3ETribute%20Games%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Dotemu%3Cbr%3E%3Cstrong%3EConsoles%3A%20%3C%2Fstrong%3ENintendo%20Switch%2C%20PlayStation%204%26amp%3B5%2C%20PC%20and%20Xbox%20One%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4-cyl

Power: 153hp at 6,000rpm

Torque: 200Nm at 4,000rpm

Transmission: 6-speed auto

Price: Dh99,000

On sale: now

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

IF YOU GO
 
The flights: FlyDubai offers direct flights to Catania Airport from Dubai International Terminal 2 daily with return fares starting from Dh1,895.
 
The details: Access to the 2,900-metre elevation point at Mount Etna by cable car and 4x4 transport vehicle cost around €57.50 (Dh248) per adult. Entry into Teatro Greco costs €10 (Dh43). For more go to www.visitsicily.info

 Where to stay: Hilton Giardini Naxos offers beachfront access and accessible to Taormina and Mount Etna. Rooms start from around €130 (Dh561) per night, including taxes.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

THREE
%3Cp%3EDirector%3A%20Nayla%20Al%20Khaja%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Jefferson%20Hall%2C%20Faten%20Ahmed%2C%20Noura%20Alabed%2C%20Saud%20Alzarooni%3C%2Fp%3E%0A%3Cp%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A

The Sky Is Pink

Director: Shonali Bose

Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf

Three stars

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

5pm: Maiden (PA) Dh80,000 (Turf) 1,000mm, Winners: Mumayaza, Fabrice Veron (jockey), Eric Lemartinel (trainer)

5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m, Winners: Sharkh, Pat Cosgrave, Helal Al Alawi

6pm: The President’s Cup Prep - Conditions (PA) Dh100,000 (T) 2,200m, Winner: Somoud, Richard Mullen, Jean de Roualle

6.30pm: Handicap (PA) Dh90,000 (T) 1,600m, Winner: Harrab, Ryan Curatolo, Jean de Roualle

7pm: Abu Dhabi Equestrian Gold Cup - Prestige (PA) Dh125,000 (T) 1,600m, Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi

7.30pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m, Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel

8pm: Maiden (TB) Dh80,000 (T) 1,400m, Winner: Nibras Passion, Bernardo Pinheiro, Ismail Mohammed

Turning%20waste%20into%20fuel
%3Cp%3EAverage%20amount%20of%20biofuel%20produced%20at%20DIC%20factory%20every%20month%3A%20%3Cstrong%3EApproximately%20106%2C000%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EAmount%20of%20biofuel%20produced%20from%201%20litre%20of%20used%20cooking%20oil%3A%20%3Cstrong%3E920ml%20(92%25)%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ETime%20required%20for%20one%20full%20cycle%20of%20production%20from%20used%20cooking%20oil%20to%20biofuel%3A%20%3Cstrong%3EOne%20day%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EEnergy%20requirements%20for%20one%20cycle%20of%20production%20from%201%2C000%20litres%20of%20used%20cooking%20oil%3A%3Cbr%3E%3Cstrong%3E%E2%96%AA%20Electricity%20-%201.1904%20units%3Cbr%3E%E2%96%AA%20Water-%2031%20litres%3Cbr%3E%E2%96%AA%20Diesel%20%E2%80%93%2026.275%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A