Lebanon's head of General Security, Maj Gen Abbas Ibrahim, hoped to boost intelligence sharing with the US and work on releasing more hostages held in Iran and Syria, he told The National.
Gen Ibrahim was in Washington on a four-day visit to meet officials from the White House, State Department and the CIA.
He leads Lebanon’s most powerful security service after the military and has a reputation as a savvy negotiator who has helped to secure the release of US residents and nationals.
He has also brokered deals with extremists such as ISIS and militant Palestinian factions to end bouts of fighting in Lebanon.
Despite having a close relationship with Hezbollah, Gen Ibrahim received a warm welcome from the Trump administration.
On this visit, he met National Security Adviser Robert O’Brien, CIA director Gina Haspel and undersecretary of state David Hale, although American officials were cagey about the visit.
The meetings reinforce the gradual change in US-Lebanon relations over the last 15 years.
For decades before Syrian withdrawal from Lebanon in 2005, Damascus took the lead in co-ordinating with the US intelligence on matters related to Beirut and on freeing hostages.
But now, Gen Ibrahim is looking to the young but growing relations with the US on sharing intelligence.
“We have a good working relationship with the Americans and I am hopeful,” he said.
Gen Ibrahim was involved last year in securing the release of US citizen Sam Goodwin from Syria, and of US permanent resident Nizar Zakka from prison in Iran.
Austin Tice, an American journalist kidnapped in Syria in 2012 and believed to be in the custody of Damascus, is a top priority for the Trump administration.
In March, US President Donald Trump sent a letter to Syrian President Bashar Al Assad urging him to release Mr Tice.
“Syria, please work with us. We would appreciate you letting him out,” Mr Trump said later.
Gen Ibrahim is regarded as a key mediator in the Tice case and was known to be in Damascus in May, where he said he was discussing cross-border security and smuggling.
But the Lebanese spy chief refused to give any details on the Tice case saying, there “are no confirmations about his status” including whether or not he is alive.
Mr O'Brien told The National in April last year that the US was confident Mr Tice was alive.
But the Assad government has not responded to Mr Trump’s letter.
Diplomatic sources said a full US withdrawal from Syria was one demand Damascus was considering in return for releasing Tice.
Randa Slim, of the Middle East Institute, described Gen Ibrahim as a key mediator on the issue of hostages.
“Mr Ibrahim is in a position to deliver on the US hostages file in Syria and Iran,” Ms Slim said.
“He has excellent relations with Hezbollah leaders and has woven, over the years, a web of personal relationships and contacts with senior Syrian, Iraqi and Iranian officials in the intelligence and political circles.”
Gen Ibrahim received an award on Friday from the Foley Foundation for his efforts to help release hostages.
His visit also comes just days after the US-led talks between Israel and Lebanon got under way to agree on the maritime border between the two countries.
But Gen Ibrahim said the talks were “a long shot” as Israel has refused to concede to Lebanon’s sovereignty over the disputed 860-square-kilometre area of sea between the lines that each side feels is the correct boundary.
The issue has taken on urgency because it lies near areas where Israel has found proven oil and gas reserves, and part of the disputed zone lies in a bloc that Lebanon recently licensed for oil and gas exploration.
Hanin Ghaddar, a fellow at the Washington Institute for Near East Policy, said Gen Ibrahim’s visit was a win for Lebanon’s political elite, backed by Hezbollah
“It’s a good move to break the isolation on the Lebanese government and political elite,” Ms Ghaddar said.
She was referring to recent US sanctions on Beirut officials and the international community's need to see reforms before it will help to address the country’s crises, and the demands of protesters.
“This elite, mainly Hezbollah and its allies, are trying to use talks with the US to avoid more sanctions before the [US] elections," Ms Ghaddar said.
"They hope that with the negotiations, and Mr Ibrahim coming to the US, they might be able to weather the storms until the elections on November 3.”
As Lebanon’s anti-government protests enter their second year, Ms Ghaddar said the warm welcome Gen Ibrahim received was a snub to those in the streets.
“The US should continue supporting the Lebanese people, continue pressure on Lebanese officials and avoid sending conflicting messages,” she said.
US officials have been discreet about Gen Ibrahim's visit.
Repeated requests for comment to the White House, State Department and CIA were not returned but no agency denied the meetings.
MATCH INFO
CAF Champions League semi-finals first-leg fixtures
Tuesday:
Primeiro Agosto (ANG) v Esperance (TUN) (8pm UAE)
Al Ahly (EGY) v Entente Setif (ALG) (11PM)
Second legs:
October 23
Monster Hunter: World
Capcom
PlayStation 4, Xbox One
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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Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
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The specs: 2018 Mitsubishi Eclipse Cross
Price, base / as tested: Dh101,140 / Dh113,800
Engine: Turbocharged 1.5-litre four-cylinder
Power: 148hp @ 5,500rpm
Torque: 250Nm @ 2,000rpm
Transmission: Eight-speed CVT
Fuel consumption, combined: 7.0L / 100km
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5