Members of Islamist Syrian rebel group the Nusra Front carry their weapons as they move through a hole in a wall near Aleppo international airport on January 28. Ammar Abdullah / Reuters
Members of Islamist Syrian rebel group the Nusra Front carry their weapons as they move through a hole in a wall near Aleppo international airport on January 28. Ammar Abdullah / Reuters

Qatari hostage payments funded Al Qaeda group now Syria’s most powerful militant faction



Lucrative Qatari hostage payments bankrolled a feared Al Qaeda-linked militant group in Syria, one that has grown to become the most effective and powerful extremist faction in the war-ravaged country where it has imposed its extremist vision and kidnapped an American journalist, wealthy Gulf royals, UN peacekeepers, and even a group of nuns.

In at least one of those cases – the kidnap of nine Qatari royals and 16 Qatari nationals by a Shiite militia in southern Iraq – Doha siphoned millions, according to Iraqi officials, to that very group: the Nusra Front, now leading an Islamist alliance known as Hayat Tahrir Al Sham (HTS).

Exchanges leaked in the US press on Saturday revealed how the tiny Gulf state had been shaken down and plundered of at least $275 million (Dh1bn) by various parties across sectarian lines in return for its nationals. Most concerning for Qatar’s Gulf neighbours, who are so focused on the battle against Al Qaeda, was arguably the large payment to HTS as part of the deal.

That extremist group is one experts say has boosted its ranks and presence in northwestern Syria as the seven-year civil war has progressed, consolidating its authority in that corner of the war-wracked country to become the most dangerous militant group in Syria, bankrolled at least indirectly by Doha.

"Al Qaeda have benefited significantly from the strategic focus of the West on ISIS, and the focus of the Russians and the Assad regime on other groups. That has allowed them a breathing space that they almost certainly would not have had otherwise," Jason Burke, expert on extremism and author of several books focusing on the group, told The National.

“They are a massive potential threat," he continued. “You’ve got a lot of people who are very experienced, who have shown themselves committed to an extremist, agenda, and who have shown themselves ready to use violence."

It remains unknown how many of Doha’s millions have entered the hands of HTS’s fighters and its leader, Abu Muhammad Al Jolani, who has appeared several times on Qatari state broadcaster Al Jazeera. But the US-prescribed terrorist organisation has now become Syria’s most active militant group, entrenching itself across Idlib and beating back ISIS cells and western-supported rebel groups.

HTS now boasts a religious police force, is battling the regime of Syrian President Bashar Al Assad on several fronts in the country’s northwest and Al Jolani has pledged to spread Islamic law across Syria, calling on his supporters to wage “a war of ideas, a war of minds”. That it has yet to direct attacks outside of Syria belies the danger this group and its extremist ideology poses, analysts say.

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But it is not only security officials from the West to the Gulf who fear the group, but residents living under its rule, too. Growing local resistance to the group’s domination of Idlib is evident in increasingly frequent protests against HTS chief Al Jolani. Protesters chant slogans personally targeting Al Jolani in scenes reminiscent of the earliest protests against Al Assad.

"One of the common phrases going around at the moment is 'Assad is ruining the hospitals from the air, Al Jolani is ruining them from the ground' – they are starting to be seen as two sides of the same coin," a western intelligence source told The National.

“The demonstrations [against HTS] are increasing in both confidence and size, if you see the videos coming out of Idlib at the moment, it’s a real tinder box," the source continued.

A series of assassinations by unknown parties in recent weeks have also rocked the group. "It's not just one entity doing it, there are a lot of groups that have an interest in doing this. One is definitely Turkish intelligence; we know that for a fact in terms of their foreign policy of containing HTS. Idlib is awash with Turkish subversion against HTS," the intelligence source suggested to The National.

The group have also not fully recovered from the resignation of Saudi-born cleric Abdullah Al Muhaysini in September 2017, which security officials say weakened the group's authority among locals and rebels in Idlib. His unwillingness to fully endorse HTS had irked some senior figures within the group. Only this week he survived an attempt on his life.

But, while HTS is facing internal strife, its most potent threat derives from its resources.

That Qatar has paid millions to the Al Qaeda-linked group, as have several Western governments, will have subsequently made it cash-rich. The group’s inflated coffers has allowed it to spend vital funds on its terrorist infrastructure, such as propaganda, local outreach and consolidating its military positions in Idlib.

“One of the key resources for any violent extremist group is cash," said Mr Burke. “These groups need a lot of money, and the more money they have, the more capable they are."

So whatever HTS’s strength going forward, as eyes in Damascus and Moscow slowly turn towards Idlib, the Qataris’ willingness to hand millions to groups who hold an extremist world view could not only spread chaos across the region, but also in the West. Doha appears to care little about that fact, according to regional observers.

"They have zero risk of blowback internally. They do not get any suicide operations in Qatar," Mohammed Alyahya, senior fellow at the Gulf Research Centre, told The National. "There is no Al Qaeda contingent in Qatar. There is total security."

“They are treating the region as some sort of playground," he continued. “It is this adventurism that is really killing people."

INFO
MEDIEVIL (1998)

Developer: SCE Studio Cambridge
Publisher: Sony Computer Entertainment
Console: PlayStation, PlayStation 4 and 5
Rating: 3.5/5

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
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Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

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Harry & Meghan

Director: Liz Garbus

Stars: Duke and Duchess of Sussex

Rating: 3/5

Company Profile

Company name: Namara
Started: June 2022
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Sector: Microfinance
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Investment stage: Series A
Investors: Family offices

'My Son'

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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.”

Another way to earn air miles

In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.

An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.

“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.

Emiratisation at work

Emiratisation was introduced in the UAE more than 10 years ago

It aims to boost the number of citizens in the workforce particularly in the private sector.

Growing the number of Emiratis in the workplace will help the UAE reduce dependence on overseas workers

The Cabinet in December last year, approved a national fund for Emirati jobseekers and guaranteed citizens working in the private sector a comparable pension

President Sheikh Khalifa has described Emiratisation as “a true measure for success”.

During the UAE’s 48th National Day, Sheikh Khalifa named education, entrepreneurship, Emiratisation and space travel among cornerstones of national development

More than 80 per cent of Emiratis work in the federal or local government as per 2017 statistics

The Emiratisation programme includes the creation of 20,000 new jobs for UAE citizens

UAE citizens will be given priority in managerial positions in the government sphere

The purpose is to raise the contribution of UAE nationals in the job market and create a diverse workforce of citizens

Company Profile

Company name: myZoi
Started: 2021
Founders: Syed Ali, Christian Buchholz, Shanawaz Rouf, Arsalan Siddiqui, Nabid Hassan
Based: UAE
Number of staff: 37
Investment: Initial undisclosed funding from SC Ventures; second round of funding totalling $14 million from a consortium of SBI, a Japanese VC firm, and SC Venture