Lana Marks, the US ambassador to South Africa, poses with Covid-19 supplies in May. She took over her diplomatic role in October 2019. AP Photo
Lana Marks, the US ambassador to South Africa, poses with Covid-19 supplies in May. She took over her diplomatic role in October 2019. AP Photo
Lana Marks, the US ambassador to South Africa, poses with Covid-19 supplies in May. She took over her diplomatic role in October 2019. AP Photo
Lana Marks, the US ambassador to South Africa, poses with Covid-19 supplies in May. She took over her diplomatic role in October 2019. AP Photo

Iran considering plot to assassinate US ambassador to South Africa, officials say


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An Iranian plot to assassinate the American ambassador to South Africa has caused mounting concern after US intelligence reports showed the threat was becoming more specific, US government officials said.

Authorities have been aware of the threat against Lana Marks since the spring but in recent weeks intelligence reports have revealed more detailed evidence of the plans to assassinate her, Politico reported, citing two government sources.

According to an unnamed official, the Iranian embassy in the South African city of Pretoria is involved in the plot, which is believed to be a retaliation for the assassination of Iranian General Qassem Suleimani in a US drone strike in January.

Tensions continued to rise between the two countries following the strike, with the US tightening sanctions on Iran and attempting to extend a UN arms embargo on the country, which is due to expire in October under a 2015 nuclear deal.

Qassem Suleimani led the Quds Force before he was killed. AP
Qassem Suleimani led the Quds Force before he was killed. AP

It’s unclear why the Iranian government would target Ms Marks, a 66-year-old businesswoman who took over the role in October last year.

The chief executive and designer of a luxury accessories brand known for producing some of the world’s most expensive handbags, she was nominated for the ambassador's role by President Donald Trump, who she has known for more than two decades.

She was also a friend of the late Diana, Princess of Wales.

Princess Diana with the current US ambassador to South Africa, Lana Marks. US government officials told 'Politico' that intelligence reports indicated a possible plot by Iranian government to assassinate Ms Marks.
Princess Diana with the current US ambassador to South Africa, Lana Marks. US government officials told 'Politico' that intelligence reports indicated a possible plot by Iranian government to assassinate Ms Marks.

Ms Marks, who has no known links to Iran, has been made aware of the threat against her. It's believed to be one of several attempts being considered by the Iranian government, which operates clandestine networks in South Africa, the officials told Politico.

Iran’s history of carrying out overseas assassinations and taking hostages dates back to the 1979 Iranian Revolution, when the current regime seized power.

Following the strike at Baghdad Airport, which also killed Iraqi paramilitary chief Abu Mahdi Al Muhandis, President Trump claimed that the Iranian general had been planning attacks against American missions, saying the regime was plotting to blow up US embassies, although this was not proved.

The two countries have since stepped up tit-for-tat attacks on military sites inside Iraq. Last month, Gen Kenneth McKenzie, the head of US Central Command, who is also on the Iranian government’s hit list, said he expected a fresh “response” from Tehran to the presence of American troops in Iraq, which is expected to be cut from 5,200 to 3,000 by the end of September as part of Mr Trump’s withdrawal programme.

Key products and UAE prices

iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229

iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649

iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179

Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.

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Tips to stay safe during hot weather
  • Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
  • Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
  • Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
  • Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
  • Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
  • Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
  • Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
Where to apply

Applicants should send their completed applications - CV, covering letter, sample(s) of your work, letter of recommendation - to Nick March, Assistant Editor in Chief at The National and UAE programme administrator for the Rosalynn Carter Fellowships for Mental Health Journalism, by 5pm on April 30, 2020

Please send applications to nmarch@thenational.ae and please mark the subject line as “Rosalynn Carter Fellowship for Mental Health Journalism (UAE programme application)”.

The local advisory board will consider all applications and will interview a short list of candidates in Abu Dhabi in June 2020. Successful candidates will be informed before July 30, 2020. 

A cryptocurrency primer for beginners

Cryptocurrency Investing  for Dummies – by Kiana Danial 

There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine. 

Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.

Although cryptocurrencies are a fast evolving world, this  book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.

Begin your cryptocurrency journey here. 

Available at Magrudy’s , Dh104 

The figures behind the event

1) More than 300 in-house cleaning crew

2) 165 staff assigned to sanitise public areas throughout the show

3) 1,000 social distancing stickers

4) 809 hand sanitiser dispensers placed throughout the venue

The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

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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The specs

Engine: 5.0-litre supercharged V8

Transmission: Eight-speed auto

Power: 575bhp

Torque: 700Nm

Price: Dh554,000

On sale: now