• Lebanese policemen try to open a highway blocked by the burning tires during a protest against the collapsing Lebanese pound and the price hikes of goods in Al Zouk area. EPA
    Lebanese policemen try to open a highway blocked by the burning tires during a protest against the collapsing Lebanese pound and the price hikes of goods in Al Zouk area. EPA
  • Lebanese army soldiers scuffle with supporters of Lebanese Christians parties during a protest against the collapsing Lebanese pound. EPA
    Lebanese army soldiers scuffle with supporters of Lebanese Christians parties during a protest against the collapsing Lebanese pound. EPA
  • Lebanese army soldiers is surrounded the supporters of Lebanese Christians parties where they try to close the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al Zouk area, northern Beirut, Lebanon. EPA
    Lebanese army soldiers is surrounded the supporters of Lebanese Christians parties where they try to close the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al Zouk area, northern Beirut, Lebanon. EPA
  • Anti-government protestor shouts slogans in front Lebanese police officers as they try to close the road in front Al-Ameen mosque during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in downtown Beirut, Lebanon. EPA
    Anti-government protestor shouts slogans in front Lebanese police officers as they try to close the road in front Al-Ameen mosque during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in downtown Beirut, Lebanon. EPA
  • Anti-government protestor shouts slogans in front Lebanese police officers as they try to close the road in front Al-Ameen mosque during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Beirut, Lebanon. EPA
    Anti-government protestor shouts slogans in front Lebanese police officers as they try to close the road in front Al-Ameen mosque during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Beirut, Lebanon. EPA
  • A view shows supporters of Lebanese Christians parties closed the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
    A view shows supporters of Lebanese Christians parties closed the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
  • Lebanese army soldiers scuffle with supporters of Lebanese Christians parties where they try to open the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
    Lebanese army soldiers scuffle with supporters of Lebanese Christians parties where they try to open the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
  • Lebanese army soldiers scuffle with supporters of Lebanese Christians parties where they try to open the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
    Lebanese army soldiers scuffle with supporters of Lebanese Christians parties where they try to open the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
  • Lebanese army soldiers help supporters of Lebanese Christians parties to open the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
    Lebanese army soldiers help supporters of Lebanese Christians parties to open the Northern Highway during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
  • A supporter of Lebanese Christians parties carry placards with Arabic word read " My salary is not enough to buy two cans of milk " during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
    A supporter of Lebanese Christians parties carry placards with Arabic word read " My salary is not enough to buy two cans of milk " during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
  • A supporter of Lebanese Christians parties stands in the midel of Highway, wave Lebanese flag during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
    A supporter of Lebanese Christians parties stands in the midel of Highway, wave Lebanese flag during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Al-Zouk area, northern Beirut, Lebanon. EPA
  • Anti-government protestor shouts slogans in front Lebanese police officers as they try to close the road in front Al-Ameen mosque during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Beirut, Lebanon. EPA
    Anti-government protestor shouts slogans in front Lebanese police officers as they try to close the road in front Al-Ameen mosque during a protest against the collapsing Lebanese pound currency and the price hikes of goods, in Beirut, Lebanon. EPA

One dead after a night of riots in Lebanon


Sunniva Rose
  • English
  • Arabic

A protester died on Tuesday of wounds sustained during clashes with the Lebanese army in the northern city of Tripoli as the country sinks deeper into a severe economic crisis.

“A young man from the Al Saman family died from his wounds after night clashes between elements of the army and infiltrators in the popular movement’s sit-in in Al Nour square against the increase of the price of the dollar and deteriorating living conditions” reported the state-run National News Agency.

The NNA did not give the dead man’s full identity, but activists believe his name is Fawaz Fouad Al Saman.

“My brother Fawaz Fouad Al Saman, 26, was martyred as a result of wounds sustained from live bullets during clashes between protesters and the army yesterday in Tripoli,” posted Fatima Fouad on Facebook on Tuesday morning.

A security source would not comment on the use of live bullets in Tripoli last night, but videos on social media show dozens of men running away from what sounds like live bullets in Sahet Al Nour square, where protesters have congregated in recent months.

“This is the revolution of hunger,” said the man filming. “They are shooting live bullets at us.”

Riots erupted on Monday evening in Tripoli, with protesters vandalising several banks and throwing Molotov cocktails and a hand grenade at army vehicles, lightly injuring soldiers, according to an army press release.

“The army command warns that it will not tolerate anyone violating peace and stability and whoever who tries to endanger civil peace,” it said.

Local television LBCI reported that 35 civilians and four soldiers were injured in the clashes on Monday evening.

According to the army, 40 soldiers were wounded and nine civilians were arrested for throwing fireworks and rocks at the house of MP Faisal Karami.

Banks in Tripoli have closed due to the violence.

On Tuesday morning, there was "cautious calm and very light traffic" amid "the widespread deployment of the army and the ISF in all streets of the city”, reported the NNA

“The army carried out several raids to arrest those who violate security, especially those who … smashed banks’ facades and threw fire bombs at ATMs," said the NNA.

In other parts of the country, protesters blocked motorways during clashes with police on Monday night, ignoring a night curfew imposed to curb the spread of the coronavirus.

Fifty-four soldiers were injured across Lebanon on Monday, the army said.

This is the third death directly related to protests that started last October.

Alaa Bou Fakhr, a 38-year old father of three, was killed by a member of the army intelligence at a roadblock on November 12.

Ahmad Tawfiq, who was in his twenties, died on February 17 of wounds sustained during a protest in Tripoli in November. Activists believe he was injured by a bullet fired by the Lebanese army, but the army denies the claim.

Four other people have died in accidents or brawls related to the demonstrations since October 17.

Demonstrations dwindled after a new government was sworn in last January but picked up again in recent days as the economic crisis, aggravated by confinement measures caused by the coronavirus pandemic continues to worsen.

The value of the local currency has plummeted to 4000 Lebanese pounds to the dollar though it remains officially pegged at around 1,507 to the dollar. The government is trying to force currency traders to not sell above 3,200 with little success.

Company%20profile
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Racecard

2pm Handicap Dh 90,000 1,800m

2.30pm Handicap Dh120,000 1,950m

3pm Handicap Dh105,000 1,600m

3.30pm Jebel Ali Classic Conditions Dh300,000 1,400m

4pm Maiden Dh75,000 1,600m

4.30pm Conditions Dh250,000 1,400m

5pm Maiden Dh75,000 1,600m

5.30pm Handicap Dh85,000 1,000m

 

The National selections:

2pm Arch Gold

2.30pm Conclusion

3pm Al Battar

3.30pm Golden Jaguar

4pm Al Motayar

4.30pm Tapi Sioux

5pm Leadership

5.30pm Dahawi

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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 worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

The biog

Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

Messi at the Copa America

2007 – lost 3-0 to Brazil in the final

2011 – lost to Uruguay on penalties in the quarter-finals

2015 – lost to Chile on penalties in the final

2016 – lost to Chile on penalties in the final

2024%20Dubai%20Marathon%20Results
%3Cp%3E%3Cstrong%3EWomen%E2%80%99s%20race%3A%3C%2Fstrong%3E%0D%3Cbr%3E1.%20Tigist%20Ketema%20(ETH)%202hrs%2016min%207sec%0D%3Cbr%3E2.%20Ruti%20Aga%20(ETH)%202%3A18%3A09%0D%3Cbr%3E3.%20Dera%20Dida%20(ETH)%202%3A19%3A29%0D%3Cbr%3EMen's%20race%3A%0D%3Cbr%3E1.%20Addisu%20Gobena%20(ETH)%202%3A05%3A01%0D%3Cbr%3E2.%20Lemi%20Dumicha%20(ETH)%202%3A05%3A20%0D%3Cbr%3E3.%20DejeneMegersa%20(ETH)%202%3A05%3A42%3C%2Fp%3E%0A
BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

THE BIO

Mr Al Qassimi is 37 and lives in Dubai
He is a keen drummer and loves gardening
His favourite way to unwind is spending time with his two children and cooking

The%20pillars%20of%20the%20Dubai%20Metaverse%20Strategy
%3Cp%3EEncourage%20innovation%20in%20the%20metaverse%20field%20and%20boost%20economic%20contribution%3C%2Fp%3E%0A%3Cp%3EDevelop%20outstanding%20talents%20through%20education%20and%20training%3C%2Fp%3E%0A%3Cp%3EDevelop%20applications%20and%20the%20way%20they%20are%20used%20in%20Dubai's%20government%20institutions%3C%2Fp%3E%0A%3Cp%3EAdopt%2C%20expand%20and%20promote%20secure%20platforms%20globally%3C%2Fp%3E%0A%3Cp%3EDevelop%20the%20infrastructure%20and%20regulations%3C%2Fp%3E%0A
Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Where to buy

Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com

Match info

Manchester United 0-0 Crystal Palace

Man of the match: Cheikhou Kouyate (Crystal Palace)

%E2%80%98FSO%20Safer%E2%80%99%20-%20a%20ticking%20bomb
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