Rubble is all that remains of the Chadirji Building, designed by celebrated Iraqi architect Rifat Chadirji in the 1960s AFP
Rubble is all that remains of the Chadirji Building, designed by celebrated Iraqi architect Rifat Chadirji in the 1960s AFP

Mosul destroys iconic building used by ISIS for gruesome killings



Only three floors remain of Mosul’s National Insurance Company building, where ISIS killed young men it accused of homosexuality and breaking Islamic law.

While Unesco and Iraqi religious leaders last month laid the cornerstone to rebuild the northern Iraqi city’s famous Al Nuri Mosque and adjacent leaning minaret, other buildings were being torn down.

Demolition work on the National Insurance building began about a month ago, tearing down the remains of one of Mosul’s most important buildings.

Built in 1966 and designed by Iraqi architect Rifat Chadirji, the structure was an example of modern Iraqi design.

It had rows of slim archways and projected windows reminiscent of Iraq’s famous shanasheel, a style common in homes close to water.

Mr Chadirji has been called the father of Iraqi architecture and is also credited with notable buildings in Baghdad as well as more than 100 homes and monuments across the country.

His projects include the Tobacco Monopoly Headquarters and the Central Post Office in Baghdad.

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But in 2017 the insurers’ building was ravaged by the months-long fight to remove ISIS from Mosul.

After the city’s liberation, returning residents were confronted with the wrecked skeleton of a building that had long towered over them.

For some, the seven-storey structure stopped being a symbol of the optimism and development in Iraq. Twisted rebar pierced ceilings and walls, and mounds of rubble were everywhere.

The image of a group of men being blindfolded and led up a set of staircases before plummeting to their death remains vivid.

“It’s a terrifying sight,” Mosul resident Samira Ali said. “It reminds me of the death penalty Daesh would mete out against innocent people by throwing them off the roof.”

But not all Moslawis agree with her.

“My feelings are gloomy and sad it is a part of our history, life and future,” photographer Saad Haadi told The National. “The very old buildings in the city are art.”

Abu Mahmud, 33, said: “The relevant authorities should have kept it this way, as a witness to the ugliness of Daesh’s crimes against Mosul.”

Architecture historian Dr Caecilia Pieri recently told US magazine Architect that the building could become “a landmark of resistance against ISIS oppression”.

“It is understandable that they want to get rid of this past, but this building was designed by Rifat Chadirji, who not only was an opponent of the Baathist regime but was once jailed for his political stance,” Dr Pieri said.

Mr Chadirji, an important cultural figure between the 1950s and 1970s, was jailed for 20 months during former dictator Saddam Hussein’s rule.

Ms Pieri compared Mosul with Lebanon’s buildings damaged by years of war.

“I’m not here to judge,” she wrote in an open letter. “I’m just here to remind of the example of southern Lebanon, to show you that other ways of resilience do exist.”

But Moslawi architect Ghada Rzouki thinks her city has other architectural gems worth preserving. “I was born in Mosul,” Ms Rzouki said.

“In my view, there are many other religious and heritage sites that no one is paying attention to but which should be protected," she said.

Another local official told AFP that a new government building would likely be erected on the same plot of land but that there had been no plans to set up a memorial to victims of ISIS crimes there.

The NIC building lies near Mosul's Old City, which was badly damaged by fighting and where the UN's heritage agency Unesco is carrying out restoration work.

"A committee was formed to study the building and assessed it was no longer viable, and that any restoration at this stage would be futile," Mohammad Jassem, a municipal official representing Mosul's nearby Old City, said.

He said discussions were ongoing to demolish other buildings damaged in the fighting, including Mosul's branch of the central bank and the Nineveh governorate.

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Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions

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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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Itcan profile

Founders: Mansour Althani and Abdullah Althani

Based: Business Bay, with offices in Saudi Arabia, Egypt and India

Sector: Technology, digital marketing and e-commerce

Size: 70 employees 

Revenue: On track to make Dh100 million in revenue this year since its 2015 launch

Funding: Self-funded to date