'Pop-up protest' leaves Damascus shoppers' jaws agape


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The demonstrators emerge silently from a throng of city shoppers, and when the security sirens sound they melt away again. Phil Sands, foreign correspondent, reports

DAMASCUS // The protest came out of nowhere, a holiday afternoon in central Damascus busy with shoppers interrupted by lofted banners demanding freedom and democracy.

With surprising calmness given the risk of dire consequences if they were caught by security forces, a dozen or so activists emerged from the crowd outside the historic Hamediyeh market.

Most were young, some teenagers. A majority were women, evidently secular, dressed casually in jeans and T-shirts. There were no chants or songs, no words, just the banners, most in Arabic, one in English, calling for freedom, calling for an end to regime killings, reminding the hundreds of onlookers that in Syria doctors can pay with their lives for helping wounded civilians.

The audience at first seemed to have little idea of what was happening: Damascus is full of banners and posters for candidates in forthcoming parliamentary elections.

But when reality began to sink in, they stood mute, eyes wide, watching.

A delivery boy on an old-fashioned bicycle stopped and stared, mouth agape. Drivers leaned out of their car windows or ducked their heads for a better view through the windscreen.

In a country that for decades has brooked no public dissent, scenes like this are hard to comprehend and, even after 13 months of an uprising that has thrown entire cities into an anti-regime revolt, somehow unimaginable and shocking.

The very heart of Damascus is still not used to such blatant shows of rebellion. On Fridays people expect protests and, as a result, many who prefer to turn a blind eye to the uprising simply stay at home, doors locked, windows shuttered, televisions tuned into the propaganda and soap operas on state-run channels.

A midweek May Day protest seen by hundreds of ordinary people is a different matter, however. It is much harder to ignore, dismiss or defame, especially when it doesn't fit with the government's insistence that the opposition are Islamist terrorists waging a campaign of violent intolerance.

This protest was peaceful and well organised, carried out with a smooth confidence by young men and women who could be the sons or daughters of almost any modern, middle-class Damascene family.

From the pavement, a smattering of applause rose - perhaps from other activists among the shoppers. A few drivers honked their horns in frustration at the blocked traffic. But mainly there was silence. No one hurled abuse at the protesters. There were no spontaneous shouts of loyalty to the president, Bashar Al Assad.

As if time had slowed, the demonstration moved across the road, leaving the way free for the cars. It resumed on the central reservation, banners held aloft again.

Walking casually, some smiling, some serious, the protesters crossed a busy road junction. They stopped in front of the justice palace, which houses the courts where scores of political dissidents have been sentenced to long jail terms over the years. The banners were again thrust into the air.

One of the protesters, a man in his thirties with grey hair, smiled broadly as if enjoying a simple day out with friends. Another, face stern, held his fingers up in the universal signal for victory and peace.

Ten minutes after the protest started, there was still no visible response from the security forces. Traffic police made no move to intervene, carrying on with their endless labour of keeping the traffic moving.

Then a siren wailed. Soon afterwards, the protesters melted away, disappearing quickly in small groups down side streets, hidden by their ordinariness.

A minute or so later, the Shabbiheh, burly men in olive drab trousers and T-shirts emblazoned with Mr Al Assad's face framed inside a heart, were running towards the justice palace.

They were too late to catch their quarry, arriving at the main entrance to Hamediyeh market with everything ostensibly back to normal.

But everything had already forever changed.

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Recycle Reuse Repurpose

New central waste facility on site at expo Dubai South area to  handle estimated 173 tonne of waste generated daily by millions of visitors

Recyclables such as plastic, paper, glass will be collected from bins on the expo site and taken to the new expo Central Waste Facility on site

Organic waste will be processed at the new onsite Central Waste Facility, treated and converted into compost to be re-used to green the expo area

Of 173 tonnes of waste daily, an estimated 39 per cent will be recyclables, 48 per cent  organic waste  and 13 per cent  general waste.

About 147 tonnes will be recycled and converted to new products at another existing facility in Ras Al Khor

Recycling at Ras Al Khor unit:

Plastic items to be converted to plastic bags and recycled

Paper pulp moulded products such as cup carriers, egg trays, seed pots, and food packaging trays

Glass waste into bowls, lights, candle holders, serving trays and coasters

Aim is for 85 per cent of waste from the site to be diverted from landfill 

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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