Supporters of Yemen’s president and protesters from the defence ministry clash in Sanaa.
Supporters of Yemen’s president and protesters from the defence ministry clash in Sanaa.
Supporters of Yemen’s president and protesters from the defence ministry clash in Sanaa.
Supporters of Yemen’s president and protesters from the defence ministry clash in Sanaa.

Hundreds protest for removal of general and ally of Yemen president


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SANAA // Hundreds of government soldiers protested in Yemen yesterday as part of a strike to demand the removal of a general for mismanagement and corruption.

The defence minister, Mohammed Naser Ahmed, met with the soldiers, who said they will not leave the building until Brigadier General Ali Al Shater is stripped of his rank.

Both the rank and file and officers took part in the strike. About 1,000 soldiers blocked the road in front of the building and stopped Gen Al Shater from entering the premisis.

Gen Al Shater has been a general for more than 25 years and is a top ally of the outgoing president, Ali Abdullah Saleh.

The soldiers chanted "No corruption, no Shater after today", and other slogans over loudspeakers.

"This is an uprising against repression and corruption," said Hashim Al Thari, one of the soldiers. He added that Gen Al Shater "takes from our salaries every month and even sells our food. The man has been acting like a dictator, even jailing us in his own prison at the office".

Armed men supporting Mr Saleh's party attacked the protesting soldiers with batons and stones. Soldiers from another defence ministry department at the site fired gunshots in the air to disperse the clashes in which two people were slightly wounded.

Gen Al Shater, who is also Mr Saleh's press secretary, did not return calls for comment. The general's dismissal would need a decree by the interim leader, Abdrabuh Mansur Hadi.

There has been a growing tide of strikes, involving industrial workers, students and soldiers, following the formation of a unity government that was set up after Mr Saleh signed the GCC-backed power transition deal last month.

Those on strike have called for the dismissal of long-time Mr Saleh loyalists or officials perceived as corrupt. Some strikes have succeeded in forcing officials out, including the chief of Yemen's national airways, who is Mr Saleh's son-in-law.

Meanwhile yesterday, an official with the administration of the US president, Barack Obama, said the government was considering whether to allow Mr Saleh into the United States for medical treatment. The official said Mr Saleh's office requested that he be allowed to receive specialised treatment in the US for injuries sustained in a June attack on his compound.

The request was being considered, and would only be approved for medical reasons, the official said.

Until now, the White House had not commented on Mr Saleh's assertion on Saturday that he would be leaving Yemen and travelling to the US.

Mr Saleh insisted he was going to help calm tensions in his country, not for medical treatment.

American officials are deeply concerned that the months of turmoil in Yemen have led to a security breakdown. The Al Qaeda branch in Yemen, Al Qaeda in the Arabian Peninsula, has taken advantage of the vacuum to expend its presence in southern Yemen.

Continuing battles between suspected Al Qaeda militants and Yemen's army near the southern city of Zinjibar killed five soldiers and two militants late on Sunday, military and medical sources said yesterday.

* With additional reporting by Associated Press

Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

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In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff

The Library: A Catalogue of Wonders
Stuart Kells, Counterpoint Press

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
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Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
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  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
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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.”