The leader of ISIS in Afghanistan has been killed in a US air strike in the eastern province of Nangarhar, Afghan and Nato officials confirmed to The National.
Saad Arhabi, the leader of ISIS Khorasan (ISIS-K), the affiliate named after an ancient province, was killed alongside 10 other fighters in strikes on the Khogyani district on Saturday night, said the Afghan National Directorate of Security, the country’s primary domestic and foreign intelligence agency.
Afghan President Ashraf Ghani's deputy spokesperson confirmed his death. Nato's Resolute Support mission said it was American forces who carried out the strike. Both gave a different name for Arhabi, referring to him as Abu Saad Orakazai, the last name an identifier of his tribe. His nomme de guerre "Arhabi" means "terrorist" or someone who strikes fear into an enemy.
"I can confirm that US forces conducted a counterterrorism strike, August 25, in Khugyani district, Nangarhar province, which targeted a senior leader of a designated terrorist organisation," Resolute Support spokesperson Martin O'Donnell told The National in an email.
Arhabi was appointed the emir of ISIS-K after the death of Abdul Haseeb Logari in April 2017. His death represents another blow to the group that has been vying for dominance with the more-established Taliban group.
The militant chief was notorious for increasing brutal ISIS attacks in the country. Little else is known about Arhabi's background.
ISIS's affiliate in Afghanistan was established in 2014 when it pledged allegiance to ISIS central in Syria and Iraq. The group's ideology differs to the nationalist, Islamist-driven vision of the Taliban, conferring to an ultraconservative form of Salafi Islam. Its ranks derive from foreign fighters who have found refuge in Afghanistan, as well as the array of militias that operate in the country and even defectors from the Taliban.
Parts of the Pakistani Taliban also pledged allegiance to ISIS, offering ISIS-K greater authority in its recruitment goals and aiding its rise. It gained ground in traditional Taliban heartlands such as Helmand and Farah before being pushed back, eventually establishing the eastern province of Nangarhar, a remote eastern province, as its main stronghold.
Multiple militant factions use the Afghan-Pakistani border as a hub from which they can operate. The group is believed to be well-equipped after capturing sizeable amounts of weaponry given to Afghan forces on the battlefield. A 2014 report published by the Special Inspector General for Afghanistan Reconstruction found that around 43 per cent of arms given to the Afghan military ended up in ISIS or Taliban hands.
The group is battling the Taliban militant group for influence in Afghanistan and has carried out several deadly attacks in Afghanistan in the past year, mostly focusing on civilian targets. Several have penetrated the centre of the Afghan capital, Kabul. Their attacks peaked at the end of 2017, when the group struck Kabul seven times in three months.
Earlier this month, the group claimed responsibility for a suicide bombing that killed 34 students in a Shia area of Kabul. The students were studying for university entrance exams.
Its latest claimed attack was a suicide bomb that killed at least two people on Saturday in the eastern city of Jalalabad, the capital of Nangarhar province.
The attack appeared to target a protest camp outside an election commission office where a group of people were rallying in support of a candidate disqualified from parliamentary elections due in October.
The US has conducted airstrikes against ISIS-K to help curtail the affiliate's growth in the country. "These efforts are unlike the nationwide Afghan-led offensive targeting Taliban irreconcilables who refuse to listen to the calls of the Afghan people for them to take the courageous step towards peace and reconciliation. These efforts target the real enemies of Afghanistan, the same enemies who threaten America," Mr O'Donnell added.
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Read more:
With elections looming, Ashraf Ghani has yet to tackle insurgency despite campaign promise
Rockets hit diplomatic area of Afghan capital as president gives Eid address
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In April, an American strike killed the leader of ISIS in northern Afghanistan, Qari Hekmatullah. He was a senior commander in the group's ranks.
Afghan officials said Afghan-operated drones had struck Hekmatullah in his hiding place in the northern province of Faryab. Kabul said it had photographs of his body as proof of his death.
Afghan government forces supported by US special forces have recaptured the majority of territory that ISIS had captured in Afghanistan.
There are fears in Washington and Kabul that as ISIS continues to lose the last remnants of territory it controls in Iraq and Syria, the group will increasingly turn its focus to Afghanistan, a country wracked by 17 years of war and the focal point of a bloody Taliban insurgency.
Earlier this month, around 200 of the group's fighters surrendered to the Afghan military instead of being captured by the Taliban. Those who gave themselves up included the new leader of ISIS in northern Afghanistan, Habib Rahman, and his deputy, officials said.
The group said it had surrendered because it faced battles from both sides – the Taliban and the Afghan military.
In early 2017, US officials said they estimate around 700 ISIS fighters to remain in Afghanistan, but it remains unclear how much those numbers have changed. In April of that year, it dropped what it said was the "mother of all bombs", the most powerful non-nuclear explosive in Washington's arsenal, on an ISIS cave complex in the Achin district of Nangarhar.
The device, known as the GBU-43/B Massive Ordnance Air Blast and which reportedly costs $170,000 per bomb, can destroy everything within 1,000 yards.
US President Donald Trump has reversed his mooted policy of withdrawal in Afghanistan, boosting troop numbers to 15,000 and bestowing more authority on his generals in a bid to defeat the Taliban and ISIS in the country, as well as Al Qaeda in the Afghanistan-Pakistan border region.
The country has suffered a surge in violence in the past month at the hands of both the Taliban and ISIS-K, coming after an unprecedented three-day Eid ceasefire between the government and the Taliban. But, soon after, the Taliban relaunched its insurgency, again driving a stake into peace hopes.
The group calls for direct talks with the US government but refuses to enter into talks with the Afghan government, which it considers to be an illegitimate entity created by the West after it overthrew the group from power in 2001.
America's top commander in Afghanistan, General John Nicholson, said that there was an "unprecedented" opportunity for peace after the June truce. Mr Ghani offered the Taliban another truce to coincide with Eid Al Adha, this time a three-month ceasefire, but the group rejected it outright.
The Afghan leader faced his own internal troubles on Sunday. He was forced to reject the resignations of his intelligence chief, interior and defence ministers as the government comes under fire for failing to plug the deadly insurgency.
Ghani called on Defence Minister Tariq Shah Bahrami, Interior Minister Wais Ahmad Barmak and intelligence chief Masoom Stanekzai to continue their duties and demanded they help bolster the country's defences.
"President Ghani did not approve their resignations... and gave them the necessary instructions to improve the security situation," said a palace statement.
Anti-semitic attacks
The annual report by the Community Security Trust, which advises the Jewish community on security , warned on Thursday that anti-Semitic incidents in Britain had reached a record high.
It found there had been 2,255 anti-Semitic incidents reported in 2021, a rise of 34 per cent from the previous year.
The report detailed the convictions of a number of people for anti-Semitic crimes, including one man who was jailed for setting up a neo-Nazi group which had encouraged “the eradication of Jewish people” and another who had posted anti-Semitic homemade videos on social media.
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh132,000 (Countryman)
THE LIGHT
Director: Tom Tykwer
Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger
Rating: 3/5
Moral education needed in a 'rapidly changing world'
Moral education lessons for young people is needed in a rapidly changing world, the head of the programme said.
Alanood Al Kaabi, head of programmes at the Education Affairs Office of the Crown Price Court - Abu Dhabi, said: "The Crown Price Court is fully behind this initiative and have already seen the curriculum succeed in empowering young people and providing them with the necessary tools to succeed in building the future of the nation at all levels.
"Moral education touches on every aspect and subject that children engage in.
"It is not just limited to science or maths but it is involved in all subjects and it is helping children to adapt to integral moral practises.
"The moral education programme has been designed to develop children holistically in a world being rapidly transformed by technology and globalisation."
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
The%20specs
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If you go...
Etihad Airways flies from Abu Dhabi to Kuala Lumpur, from about Dh3,600. Air Asia currently flies from Kuala Lumpur to Terengganu, with Berjaya Hotels & Resorts planning to launch direct chartered flights to Redang Island in the near future. Rooms at The Taaras Beach and Spa Resort start from 680RM (Dh597).
The specs
Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now
New schools in Dubai
Email sent to Uber team from chief executive Dara Khosrowshahi
From: Dara
To: Team@
Date: March 25, 2019 at 11:45pm PT
Subj: Accelerating in the Middle East
Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.
I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.
This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.
It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.
Uber on,
Dara
Mia Man’s tips for fermentation
- Start with a simple recipe such as yogurt or sauerkraut
- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.
- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.
- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
Killing of Qassem Suleimani
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 Facility’s Versatility
Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket
SPECS
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DEADPOOL & WOLVERINE
Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin
Director: Shawn Levy
Rating: 3/5
Company%20profile
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The%20specs
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How Tesla’s price correction has hit fund managers
Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.
It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.
The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.
Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.
Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.
He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.
AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”
A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.
Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.
Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.
Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.
By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.
Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.
In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”
Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.
She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.
Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying