A ransom payment from Qatar to an Iraqi militia was equivalent to half the outfit’s annual payment from Iran, fuelling fears its hand has been strengthened ahead of May’s elections.
A trove of hacked messages published by The Washington Post this week indicate Qatar paid hundreds of millions of dollars to some of the US’ most ardent enemies in the Middle East to secure the release of more than 20 Qatari citizens held hostage by a Shiite militia in Iraq.
The messages claim that millions paid by Qatar went to a senior leader of Kataib Hezbollah – an Iranian-backed Shia group designated a terrorist entity by the US. It was handed over alongside millions of dollars transferred by Doha to Jabhat Fatah Al Sham, the group formerly known as Jabhat Al Nusra – the Al Qaeda affiliate in Syria.
The group’s leader, Jamal Jafaar Mohammed Ali Ebrahimi, who goes by the name of Abu Mahdi Al Muhandis, was sentenced to death in abstentia for his role in the 1983 bombing of the US and French Embassies in Kuwait which killed 5.
Kataib Hezbollah itself was designated a terrorist entity by the US State Department in 2009, amid claims it was responsible for "numerous terror acts", including a 2008 rocket attack that killed 2 UN workers. However, in recent years amid the battle against ISIS, it has become a semi-official entity as part of Iraq's Popular Mobilisation Front (PMF) – a group of militias used in the fight against ISIS.
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The Iranian militias fighting in Syria
Qatar’s $275 million ransom went to US' most ardent foes in Iraq and Syria
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However, Alex Mello, a security analyst at Horizon Access, told The National that the group’s incorporation into the Iraqi security apparatus hasn’t stopped the group from pursuing its own interests. “Though they have been officially integrated into the Iraqi security sector, [Kataib Hebollah] and related groups continue to pursue their own independent sectarian agenda and are still linked in to Iran’s regional network. This has included kidnappings, assassinations, extortion rings.”
“The addition of $25 million from the Qatari ransom deal would have given them a valuable additional source of funding in addition to what they receive under the PMF budget”, Mr Mello added.
Michael Pregent, adjunct fellow at the Hudson Institute, and a former US military intelligence officer notes that such a ransom payment would significantly add to the designated group’s funding from its Iranian sponsors. “It’s equivalent to half of what the IRGC is paying them on the annual basis”.
He adds it demonstrates just how trusted the group are by Qassem Soleimani, the head of the IRGC’s external operations wing – the Quds Force. “It shows who Qassem Soleimani trusts to carry out special operations. Kataib Hezbollah has become his special operations team. They maintain that ability to kidnap and assassinate – they are his specialised unit,” he adds.
The reports claim that Zayed bin Saeed Al Khayareen, Qatar’s ambassador to Iraq, was in direct contact with members of the group during negotiations, with a figure of $150 million initially discussed. In the end, at least $25 million was paid to a senior member of the group.
Sami Al Askari, a former senior advisor to Prime Minister Nouri Al Maliki, who is running for election on Mr Al Maliki's State of Law list, told The National "Anything that makes armed groups stronger makes me worried."
He added that with elections looming, any parties or groups vying for power must lay down their weapons before they can participate in the political process. “Arms have to be in the hands of the government. The current armed groups have to disarm, and then they can become political parties involved in the political process as politicians, not as armed groups.”
Mr Pregent noted that the group’s Iranian links undermine Iraq’s sovereignty. “Abu Mahdi Al Muhandis is designated terrorist and deputy leader of the PMF, his ties to the IRGC are clear. It’s embarrassing for the US, that this is facilitated by the US funded and equipped ISF (Iraqi Security Forces)”.
“Groups like Kataib Hezbollah and Asaib Ahl Al Haq, and everything else undercuts Iraq’s sovereignty, this current political climate in Baghdad undercuts Iraq’s sovereignty.”
Rasha Al Aqeedi, non-Resident Fellow at George Washington University’s Programme on Extremism, notes that groups like Kataib Hezbollah are contributing to the creation of a sub-state within Iraq. "The widespread optimism following the military defeat of ISIS needs to be objectively reviewed. Iraq is closer than ever to having an overt parallel state which freely operates with other countries".
Though the group is not officially running in May’s elections, several senior members are standing on a list known as the Fatah alliance. As Mr Mello notes, “the case of Kataib Hezbollah serves to demonstrate that groups competing in the upcoming elections also continue to operate independently as armed militias and often come into conflict with the formal Iraqi security forces”.
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Fuel economy combined 12.2L / 100km
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Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
Specs
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In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
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Is it worth it? We put cheesecake frap to the test.
The verdict from the nutritionists is damning. But does a cheesecake frappuccino taste good enough to merit the indulgence?
My advice is to only go there if you have unusually sweet tooth. I like my puddings, but this was a bit much even for me. The first hit is a winner, but it's downhill, slowly, from there. Each sip is a little less satisfying than the last, and maybe it was just all that sugar, but it isn't long before the rush is replaced by a creeping remorse. And half of the thing is still left.
The caramel version is far superior to the blueberry, too. If someone put a full caramel cheesecake through a liquidiser and scooped out the contents, it would probably taste something like this. Blueberry, on the other hand, has more of an artificial taste. It's like someone has tried to invent this drink in a lab, and while early results were promising, they're still in the testing phase. It isn't terrible, but something isn't quite right either.
So if you want an experience, go for a small, and opt for the caramel. But if you want a cheesecake, it's probably more satisfying, and not quite as unhealthy, to just order the real thing.
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SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
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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Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone
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In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
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