A photograph has emerged showing the father of the Manchester bomber and Islamist Libyan commander meeting the Taliban in the 1990s
A photograph has emerged showing the father of the Manchester bomber and Islamist Libyan commander meeting the Taliban in the 1990s

Qatar-backed Islamist and the Manchester bomber’s father



Ramadan Abedi, the father of the Manchester suicide bomber who killed 22 people including seven children, accompanied the Libyan Islamist commander Abdulhakim Belhaj to a meeting with the Taliban in Afghanistan in the mid-1990s, The National can reveal.

A photograph of the two men with the hosts has been uncovered by this newspaper. Ramadan Abedi was a member of the Libya security services until he defected from the regime and fled the country in 1991. “Ramadan Abedi fought in Afghanistan, met Osama bin Laden and participated in some Al Qaeda operations against the Soviets. He remained in Afghanistan until 1993,” a Libyan official said.

Ramadan and Belhaj were leading figures in the Libya Islamic Fighting Group until 2008 when Libya issued an amnesty for members of the Al Qaeda affiliated movement. The UAE, Saudi Arabia, Egypt and Bahrain have designated Belhaj an individual who was a beneficiary of Qatari funding despite his links to extremism.

Ramadan Abedi and his son Salman, who carried out the attack in May, returned to Libya to join the uprising against Col Muammar Qaddafi in 2011.

Ramadan then joined a Tripoli militia that belonged to Belhaj’s Libya Dawn force that still controls a swathe of the city. Salman went back to the UK but visited Libya several times. He only returned to Britain from his last trip on May 18 and carried out the bombing less than a week later.

Ramadan, his wife Samia and another son Hashem, have remained in Tripoli and were detained after the Manchester attack.

British police yesterday declared for the first time that Salman Abedi was not acting alone when he carried out the bombing.

A senior investigating officer said his team was working with the Libya authorities to interrogate Hashem who is still in detention in Tripoli.

The inquiry is also attempting to establish who else was involved in training Salman in explosive handling and orchestrating the plot.

“We do believe that there are other people potentially involved in this. We do however believe further arrests are possible,” Russ Jackson, head of north-west counter-terrorism policing in Manchester said. “We are currently engaging with the Crown Prosecution Service and the Libyan authorities,” he said. “This is a live criminal investigation where central to it are 22 murdered people, with grieving families.”

Salman was previously described as acting alone in targeting Manchester Arena at the end of a concert by Ariana Grande, the American singer. The attack was a cynical attempt to kill young girls and their accompanying family members.

Now the officers think the attacker had help procuring, assembling and storing the explosives in a white Nissan Micra car in the city prior to the attack.

Libyan sources think Salman was trained in explosive handling by a unit at the Al Hadba prison in Tripoli. It was raided by government forces last year, revealing training materials and classrooms where bomb making and explosives handling techniques were taught.

Belhaj is close to the Qatar-based Libyan cleric Ali Al Sallabi, the spiritual leader of Libya’s Muslim Brotherhood, who is also on the Arab quartet's list of 59 individuals and entities connected to terrorism and linked to Qatar.

Since the Libyan uprising, Qatar funnelled much of its arms shipments and support to Libyan armed groups through Al Sallabi and his brother Ismail Al Sallabi, who is a leader of the Benghazi Defense Brigades, a grouping aligned with Ansar Al Sharia, an Al Qaeda affiliate in Libya.

The specs

Engine: Dual synchronous electric motors
Power: 660hp
Torque: 1,100Nm
Transmission: Single-speed automatic
Touring range: 488km-560km
Price: From Dh850,000 (estimate)
On sale: October

MATCH INFO

Karnatake Tuskers 114-1 (10 ovs)

Charles 57, Amla 47

Bangla Tigers 117-5 (8.5 ovs)

Fletcher 40, Moores 28 no, Lamichhane 2-9

Bangla Tiger win by five wickets

COMPANY PROFILE

Name: Kinetic 7
Started: 2018
Founder: Rick Parish
Based: Abu Dhabi, UAE
Industry: Clean cooking
Funding: $10 million
Investors: Self-funded

Other ways to buy used products in the UAE

UAE insurance firm Al Wathba National Insurance Company (AWNIC) last year launched an e-commerce website with a facility enabling users to buy car wrecks.

Bidders and potential buyers register on the online salvage car auction portal to view vehicles, review condition reports, or arrange physical surveys, and then start bidding for motors they plan to restore or harvest for parts.

Physical salvage car auctions are a common method for insurers around the world to move on heavily damaged vehicles, but AWNIC is one of the few UAE insurers to offer such services online.

For cars and less sizeable items such as bicycles and furniture, Dubizzle is arguably the best-known marketplace for pre-loved.

Founded in 2005, in recent years it has been joined by a plethora of Facebook community pages for shifting used goods, including Abu Dhabi Marketplace, Flea Market UAE and Arabian Ranches Souq Market while sites such as The Luxury Closet and Riot deal largely in second-hand fashion.

At the high-end of the pre-used spectrum, resellers such as Timepiece360.ae, WatchBox Middle East and Watches Market Dubai deal in authenticated second-hand luxury timepieces from brands such as Rolex, Hublot and Tag Heuer, with a warranty.

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.”

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

Brief scores:

Everton 2

Walcott 21', Sigurdsson 51'

Tottenham 6

Son 27', 61', Alli 35', Kane 42', 74', Eriksen 48'​​​​​​​

Man of the Match: Son Heung-min (Tottenham Hotspur)

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

What is an ETF?

An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.

There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.

The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.

There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.

While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash.