Iraqis celebrate in the streets of the city of Najaf on July 11, 2017, a day after the government's announcement of the 'liberation' of the embattled city of Mosul. AFP
Iraqis celebrate in the streets of the city of Najaf on July 11, 2017, a day after the government's announcement of the 'liberation' of the embattled city of Mosul. AFP
Iraqis celebrate in the streets of the city of Najaf on July 11, 2017, a day after the government's announcement of the 'liberation' of the embattled city of Mosul. AFP
Iraqis celebrate in the streets of the city of Najaf on July 11, 2017, a day after the government's announcement of the 'liberation' of the embattled city of Mosul. AFP

Iraqis show little enthusiasm for proposed National Day


Sinan Mahmoud
  • English
  • Arabic

The Iraqi government’s decision this month to propose a new National Day has drawn lukewarm responses in a nation grappling with a worsening economic, health and political situation.

National Day is a contentious issue in post-Saddam Iraq. For decades it was celebrated on July 17, marking the day the Baath party came to power in 1968, but after the US-led invasion overthrew the former dictator, it was abolished entirely.

Now, Prime Minister Mustafa Al Kadhimi wants to select a new date to bring it back and restore some of the country’s shattered national pride in the process.

Last Tuesday, the Iraqi Cabinet finally agreed on October 3, the day Iraq gained independence from Britain in 1932 and became the 57th member of the League of Nations.

However, many ordinary Iraqis are more concerned with the pressing social and economic challenges facing the country today than celebrating the successes of the past.

“Even if I read about the government decision, I would forget it because it’s not important to me at least at this period of time,” Dr Al Zahraa Hussam, a medical school graduate from the southern city of Basra, says.

Since widespread protests broke out in October last year, life in Iraq has become ever more turbulent.

Protests in central and southern cities across the country have seen disgruntled youths rise up against a political elite that has been in place since the 2003 toppling of Saddam Hussein’s regime. Thousands have filled the streets daily, demanding jobs, better services, an end to endemic corruption and an overhaul of the political system.

The protests forced the government to resign and, after months of political wrangling, an interim government took over. This government’s main mission now is to prepare for an early election, with June 2021 suggested as a possible date.

In the meantime, Mr Al Kadhimi wants to strengthen Iraq’s national identity, torn apart by the division and sectarianism that has come to define Iraqi society. Disagreement over the date has highlighted this, with political parties each suggesting a day that advances their political and religious ideologies.

Other Iraqis say a new National Day is simply not a priority. "We have a lot of problems now that the government needs to focus on other than the National Day issue,” Ms Hussam says.

Alongside the unstable political situation, a severe economic crisis has hit the country’s oil-dependent economy due to the drop in oil prices. And with confirmed cases of coronavirus hitting a new high, the country's Health Ministry has warned that medical institutions may “lose control in the coming days”.

Ms Hussam is among thousands of recent medicine graduates who have been denied government jobs due to lack of funding. On Sunday, she travelled from her hometown of Basra to Baghdad to join hundreds of fellow graduates in a protest to demand the same jobs that have been handed to previous generations working in Iraq’s bloated public sector.

“As a graduate, I’m looking for a solution for the problem of my employment, and as a resident of Basra, I want better services,” she says. “We are not living a comfortable life. People are infected with coronavirus, others unemployed and poverty is hitting new records."

But Mr Al Kadhimi's government is pressing ahead with plans to introduce the new public holiday, telling The National in a recent interview that he is tackling sectarianism while promoting patriotism and nationalism as part of his reform programme.

A draft law is yet to be prepared and approved by the Cabinet before the final parliamentary endorsement, a process that could take weeks or months, or see the bill shelved.

Sameaa Mohammed Al Ghalab, who chairs the parliament’s culture, tourism and archaeology committee, says they will seek clarification from the Culture Minister on the justification for selecting October 3 as the new date.

"There are different points of view regarding this issue inside parliament," Ms Al Ghalab told The National. "There will be discussions in the coming days in order to reach results that are accepted by all," she added.

Iraqis are divided on the issue. Blogger Saleh Al Hamadani hails the decision as “proper for a National Day that will be celebrated by all Iraqis” and believes that “it will not be disputed” by anyone.

But for Ali Al Nashmi, a professor of history at Al Mustansiriyah University in Baghdad, choosing that date “is a shame in the history of patriotism in Iraq because it was a black and ominous day”.

He suggests considering the 1920 Revolution against the British occupiers that instituted a national rule in the country.

The Prime Minister at the time, Nuri Al Said, agreed with Britain that membership in the League of Nations would bring into effect a 1930 treaty granting Britain unlimited rights to station and move military forces in Iraq – as well as full control of its oil resources.

“The 1920 Revolution was a national one in which all Iraqis took part,” Mr Al Nashmi says. “Which event is most patriotic, a revolution or enforcing an unfair treaty?”

Hadi Jalo Marie, chairman of the Political Decision Centre think tank in Baghdad sees October 3 as a compromise.

“It sounds like the government believes that such a date will not anger either Sunnis or Shiites as it is linked to a state led by Sunnis and a Hashemite King accepted by Shiites,” Mr Marie said.

“The government wants to send a positive message to the people with the symbolism of this date during the current situation,” he adds.

If you go

The flights

Fly direct to London from the UAE with Etihad, Emirates, British Airways or Virgin Atlantic from about Dh2,500 return including taxes. 

The hotel

Rooms at the convenient and art-conscious Andaz London Liverpool Street cost from £167 (Dh800) per night including taxes.

The tour

The Shoreditch Street Art Tour costs from £15 (Dh73) per person for approximately three hours. 

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.”

MATCH INFO

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Russia's Muslim Heartlands

Dominic Rubin, Oxford

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Fulham 1

Kamara 69'