Libyan military commander Khalifa Haftar ordered his Libyan National Army forces to march on Tripoli on Thursday. AFP
Libyan military commander Khalifa Haftar ordered his Libyan National Army forces to march on Tripoli on Thursday. AFP
Libyan military commander Khalifa Haftar ordered his Libyan National Army forces to march on Tripoli on Thursday. AFP
Libyan military commander Khalifa Haftar ordered his Libyan National Army forces to march on Tripoli on Thursday. AFP

Leaving Libya, UN chief warns against 'bloody confrontation' in Tripoli


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UN Secretary General Antonio Guterres left Libya on Friday saying he hoped it would be possible to avert a “bloody confrontation” in and around the capital Tripoli upon which the country's most powerful military force is advancing.

His comments came after the UAE, United States, France, Britain and Italy called for de-escalation in Libya barely a week before UN-sponsored talks on a political solution are due to start.

Mr Guterres, who was in Tripoli when the Libyan National Army began a sudden offensive, spoke after meeting its leader, Field Marshal Khalifa Haftar, in the eastern city base of Benghazi.

“I leave Libya with a deep concern and a heavy heart,” said the UN secretary general, stressing the need for the country's rival factions to unify.

“The United Nations remains available to facilitate any political solution,” he added.

Mr Guterres's spokesman in New York later refused to comment when asked if Mr Haftar had been asked to halt his offensive.

UN Secretary General Antonio Guterres meets with Libyan military commander Khalifa Haftar in Benghazi on April 5, 2019. Libyan Army via Reuters
UN Secretary General Antonio Guterres meets with Libyan military commander Khalifa Haftar in Benghazi on April 5, 2019. Libyan Army via Reuters

The UN Security Council discussed the situation on Friday in a closed-door emergency meeting.

"They (the council) called on LNA forces to halt all military movements," said German UN Ambassador Christoph Heusgen, president of the council for April, reading a statement agreed by the body.

"They also called on all forces to de-escalate and halt military activity. There can be no military solution to the conflict," he said.

Speaking before the security council consultations began, Jonathan Allen, Britain's deputy permanent representative to the UN, urged General Haftar's army to "withdraw to its previous position".

The G7 foreign ministers called on all involved parties to halt any move on the capital.

Mr Haftar's order to his forces to seize Tripoli has alarmed the UN and countries trying to mediate between the Tripoli-based Government of National Accord (GNA) and a rival administration allied with the LNA.

Late on Friday, a spokesman for the LNA claimed its forces had seized the disused Tripoli International Airport on the southern suburbs of the capital. This was quickly countered by pro-GNA forces who rebuffed the LNA's statements though appearing to say that, at least to some degree, Mr Haftar's forces entered the airport before being pushed back.

On Friday, militias in western Libya said they would counter the push by Mr Haftar's forces, raising fears of renewed civil war. The militias from the cities of Zawiya and Misrata, which support the Tripoli government, said on social media that they would confront the LNA.

"We are the revolutionaries and the elders ... we declare we are on full mobilisation and war," they said.

The Zawiya forces said they recaptured a base taken by Mr Haftar's forces about 30 kilometres from Tripoli.

In a joint statement released by the US State Department on Thursday, the UAE, United States, Britain, France and Italy said they were deeply concerned by clashes near Tripoli.

"Our governments oppose any military action in Libya and will hold accountable any Libyan faction that precipitates further civil conflict," they said.

"At this sensitive moment in Libya's transition, military posturing and threats of unilateral action only risk propelling Libya back toward chaos.”

A UN-sponsored national conference to discuss steps towards holding national elections is due to take place in Libya between April 14-16. It is the latest internationally-backed effort to end years of turmoil following the overthrow and killing of dictator Muammar Qaddafi in a Nato-backed uprising in 2011.

Russia said on Friday that it hoped the crisis would not lead to "renewed bloodshed", and added that Moscow did not support Mr Haftar.

Libya's neighbour Egypt also expressed "deep concern" over the outbreak of fighting.

Witnesses say the LNA appears to be moving towards Tripoli along the coastal highway from eastern Libya, and from south-west Libya.

The south-west force was engaged in clashes on Wednesday at Asabiah, about 110 kilometres south of the capital, with one person killed.

On Thursday, the LNA said its troops had peacefully taken control of Gharyan, a city 90 kilometres south of the capital.

Mr Haftar's forces launched their offensive as the UN secretary general arrived in Tripoli to prepare for the talks between Libya's various factions and political leaders in the western city of Ghadames later this month.

Mr Guterres has repeatedly said that there is no military solution for the problems in Libya, calling for political dialogue.

The UN chief also described how he had been “moved and shocked” after visiting a detention centre for refugees and migrants.

Libya became the main launching point for migrants trying to reach Europe across the Mediterranean as people smugglers took advantage of the chaos in the country. European states tried to stem the flow by helping the Tripoli government to strengthen its coast guard and to set up migrant holding centres.

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)

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Racecard

6pm: The Pointe - Conditions (TB) Dh82,500 (Turf) 1,400m

6.35pm: Palm West Beach - Maiden (TB) Dh82,500 (T) 1,800m

7.10pm: The View at the Palm - Handicap (TB) Dh85,000 (Dirt) 1,400m

7.45pm: Nakeel Graduate Stakes - Conditions (TB) Dh100,000 (T) 1,600m

8.20pm: Club Vista Mare - Handicap (TB) Dh95,000 (D) 1,900m

8.55pm: The Palm Fountain - Handicap (TB) Dh95,000 (D) 1,200m

9.30pm: The Palm Tower - Handicap (TB) Dh87,500 (T) 1,600m

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Panipat

Director Ashutosh Gowariker

Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment

Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman

Rating 3 /stars

Evacuations to France hit by controversy
  • Over 500 Gazans have been evacuated to France since November 2023
  • Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
  • The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
  • Artists and researchers fall under a programme called Pause that began in 2017
  • It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
  • Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
  • Unlike students, they are allowed to bring their families to France
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

What is tokenisation?

Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets. 

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 studios taking part (so far)
  1. Punch
  2. Vogue Fitness 
  3. Sweat
  4. Bodytree Studio
  5. The Hot House
  6. The Room
  7. Inspire Sports (Ladies Only)
  8. Cryo
The specs

Engine: 1.5-litre 4-cyl turbo

Power: 194hp at 5,600rpm

Torque: 275Nm from 2,000-4,000rpm

Transmission: 6-speed auto

Price: from Dh155,000

On sale: now

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

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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”

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)