A convoy of black SUVs with tinted windows drove at speed towards the Unifil base in Naqoura in south Lebanon early on Wednesday, while a helicopter circled overhead. The vehicles carried officials going to meet the delegation from Israel to begin thrashing out the demarcation of borders.
The high-profile meeting under UN and US mediation lasted only an hour but negotiators agreed to meet again on October 28, Lebanese defence sources said.
Shortly before it began, Iran-backed Hezbollah and its ally Amal criticised the move. The statement from Lebanon's two main Shiite parties called for reform of the negotiating team, which they said must include only military officials, with no civilians or politicians.
The two countries have no formal relations, never officially ended years of hostilities and remain technically at war. Hezbollah waged a bloody insurgency against Israel’s occupation of south Lebanon until they withdrew in 2000. The two sides fought again in 2006.
The small UN peacekeeper base on the southern coastal tip of Lebanon offers the only avenue for Lebanese military heads to negotiate, indirectly through the Unifil force commander, with Israel in an attempt to maintain quiet on the frontier.
“The current form of the Lebanese delegation, which includes civilian figures, is contrary to the framework agreement,” the Hezbollah press office said. That framework is “based on the regular [tripart] meetings between military officers exclusively”, Hezbollah said.
Amal head and Parliament Speaker Nabih Berri previously announced the acceptable framework for the parties that talks are undertaken by the military.
“[This] represents a recognition of the Israeli logic that wants to obtain any form of normalisation. Therefore, the two parties call to immediately revoke this decision and reconfigure the delegation in line with the framework agreement,” Mr Berri said.
Secretary of State Mike Pompeo welcomed the first round of negotiations between Lebanon and Israel on the maritime border on Wednesday, saying that Washington will continue along with the UN to broker these talks in a second round in November.
“We welcome the launch of negotiations between Lebanon and Israel,” Mr Pompeo said from the State Department as Assistant Secretary of State David Schenker took part in these deliberations in south Lebanon.
A statement from the US government and the UN Special Co-ordinator for Lebanon said: "During this initial meeting, the representatives held productive talks and reaffirmed their commitment to continue negotiations later this month."
Lebanon and Israel agreed this month to negotiate over a long-running row relating to a sea border running through potentially gas-rich Mediterranean waters.
The talks in the Lebanese border town of Naqoura will be hosted by the UN special co-ordinator for Lebanon, Jan Kubis, and US assistant secretary of state for Near East affairs David Schenker will facilitate the opening session, the State Department said on Tuesday. US ambassador John Desrocher will serve as the main US mediator.
“The agreement to commence discussions on the maritime boundary is a vital step forward that offers the potential to yield greater stability, security and prosperity for Lebanese and Israeli citizens alike,” the State Department said.
Israeli Energy Minister Yuval Steinitz said that the negotiations with Lebanon do not deal with the normalisation of relations, or peace. Rather, he said, they are negotiations to resolve technical-economic differences related to natural resources at sea.
Lebanon and Israel each claim about 860 square kilometres of the Mediterranean Sea as being within their respective exclusive economic zones.
Lebanon began offshore drilling outside this contested zone this year and is expected to start drilling for gas near the disputed area with Israel in the coming months.
Lebanon and Israel have since 1948 been technically in a state of war and Lebanon hosts tens of thousands of Palestinian refugees – most were displaced during the creation of the Israeli state.
The idea of normalisation with Israel is deeply unpopular in Lebanon, particularly among Hezbollah and Amal supporters.
At the same time, Lebanese politicians have repeatedly promised the Lebanese that offshore oil and gas discoveries can help the country to recover financially from its worst economic crisis yet. But experts said that even if oil and gas were located in viable quantities this year, it could take upward of a decade to begin seeing a return even without the regular political battles that paralyse government.
President Michel Aoun announced on Monday that the Lebanese team would be led by air force officer Brig Gen Bassam Yassin. The three other members are Col Mazen Basbous, from the navy, Lebanese Petroleum Administration chairman Wissam Chbat and border expert Najib Massihi.
Contacted by The National on Monday, Mr Massihi's father answered and said his son was not allowed to speak to the media.
Lebanon and Israel hold monthly tripartite meetings in Naqoura to discuss breaches along the Blue Line, which is not an internationally recognised border but rather a UN-agreed line that shows where Israeli forces were stationed in 1978, prior to the invasion of Lebanon that lasted until the year 2000, to assess the full withdrawal. The Blue Line is patrolled by 10,480 UN peacekeepers from 41 countries.
Lebanon and Israel also held indirect negotiations in the 1990s when Arab states and Israel were working on reaching peace agreements. Although the Palestinians and Jordan signed agreements with Israel, Lebanon and Syria did not. – additional reporting by agencies
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.
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
Barcelona 4 (Suarez 27', Vidal 32', Dembele 35', Messi 78')
Sevilla 0
Red cards: Ronald Araujo, Ousmane Dembele (Barcelona)
Ammar 808:
Maghreb United
Sofyann Ben Youssef
Glitterbeat
Profile of Hala Insurance
Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
The five pillars of Islam
Top goalscorers in Europe
34 goals - Robert Lewandowski (68 points)
34 - Ciro Immobile (68)
31 - Cristiano Ronaldo (62)
28 - Timo Werner (56)
25 - Lionel Messi (50)
*29 - Erling Haaland (50)
23 - Romelu Lukaku (46)
23 - Jamie Vardy (46)
*NOTE: Haaland's goals for Salzburg count for 1.5 points per goal. Goals for Dortmund count for two points per goal.
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
RESULTS
Lightweight (female)
Sara El Bakkali bt Anisha Kadka
Bantamweight
Mohammed Adil Al Debi bt Moaz Abdelgawad
Welterweight
Amir Boureslan bt Mahmoud Zanouny
Featherweight
Mohammed Al Katheeri bt Abrorbek Madaminbekov
Super featherweight
Ibrahem Bilal bt Emad Arafa
Middleweight
Ahmed Abdolaziz bt Imad Essassi
Bantamweight (female)
Ilham Bourakkadi bt Milena Martinou
Welterweight
Mohamed Mardi bt Noureddine El Agouti
Middleweight
Nabil Ouach bt Ymad Atrous
Welterweight
Nouredine Samir bt Marlon Ribeiro
Super welterweight
Brad Stanton bt Mohamed El Boukhari
Western Clubs Champions League:
- Friday, Sep 8 - Abu Dhabi Harlequins v Bahrain
- Friday, Sep 15 – Kandy v Abu Dhabi Harlequins
- Friday, Sep 22 – Kandy v Bahrain
Brief scoreline:
Tottenham 1
Son 78'
Manchester City 0
if you go
Getting there
Etihad (Etihad.com), Emirates (emirates.com) and Air France (www.airfrance.com) fly to Paris’ Charles de Gaulle Airport, from Abu Dhabi and Dubai respectively. Return flights cost from around Dh3,785. It takes about 40 minutes to get from Paris to Compiègne by train, with return tickets costing €19. The Glade of the Armistice is 6.6km east of the railway station.
Staying there
On a handsome, tree-lined street near the Chateau’s park, La Parenthèse du Rond Royal (laparenthesedurondroyal.com) offers spacious b&b accommodation with thoughtful design touches. Lots of natural woods, old fashioned travelling trunks as decoration and multi-nozzle showers are part of the look, while there are free bikes for those who want to cycle to the glade. Prices start at €120 a night.
More information: musee-armistice-14-18.fr ; compiegne-tourisme.fr; uk.france.fr
The 12 breakaway clubs
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
UAE currency: the story behind the money in your pockets
match info
Southampton 0
Arsenal 2 (Nketiah 20', Willock 87')
Red card: Jack Stephens (Southampton)
Man of the match: Rob Holding (Arsenal)
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