The late Iranian journalist Rouhollah Zam was not told of his execution date in advance of the event, according to a post on an Instagram account purportedly belonging to his father.
Rouhollah Zam was hanged on Saturday after Iran's supreme court upheld a death sentence passed in June over his role in protests during the winter of 2017-2018, among other charges.
At least 25 people were killed during the unrest in December 2017 and January 2018 that was sparked by economic hardship.
Mohammad Ali Zam, a cleric who served in high-ranking government positions in the 1980s, said he had met his son a day before his execution, which Rouhollah was not told had been confirmed.
"The person responsible for the case had insisted multiple times that no one should say anything about the confirmation of his execution," Mohammad wrote, recalling people crying during congregational prayers with Rouhollah that day.
He was killed four days after the supreme court upheld the sentence – a move that rights group Amnesty International said aimed at avoiding an international campaign to save the dissident journalist's life.
Rouhollah, who founded the anti-government website and Telegram channel AmadNews, was charged with 13 offences that fall under the vague umbrella of sowing “corruption on earth” – a capital crime in Iran.
AmadNews was shut down on Telegram after it “started to instruct subscribers to use Molotov cocktails against police”, said Telegrams chief executive Pavel Durov.
Rouhollah quickly created another channel.
He was granted asylum in France, fleeing Iran after the 2009 presidential election protests. Rouhollah was then arrested and repatriated under unknown circumstances in October 2019.
The French Foreign Ministry said he left France on October 11, 2019. It said it had no information about his arrest outside France.
Iran says it ran a “meticulous intelligence operation” to deceive foreign intelligence services and lure him back into the country for prosecution.
“Zam had been ... promoting Irano-phobia, disseminating fake news, fomenting doubt among the young generation about religious beliefs, preparing the ground for acts of violence and terror, and provoking unrest inside the country,” state news agency Press TV reported.
Reporters Without Borders said Rouhollah was kidnapped and forcibly returned to Iran.
In 2017, Mohammad wrote a letter criticising his son for crossing the “red line”, Iranian media reported at the time.
“Our red line is the supreme leader, but you passed the red line,” the letter said.
After his son's arrest, Mohammad claimed Rouhollah was not allowed to see family or lawyers for nine months and was permitted to meet only a court-appointed lawyer under the supervision of security personnel. Mohammad's claims were reported by Amnesty International.
The initial spark for the 2017 protests was a sudden jump in food prices. Many believe that hardline opponents of Iranian President Hassan Rouhani instigated the first demonstrations in the conservative city of Mashhad in north-east Iran, trying to direct public anger at the president. But as protests spread from town to town, the backlash turned against the entire ruling class.
Rouhollah is one of three opposition figures apparently detained after intelligence operations abroad. In late July, a California-based member of an Iranian militant opposition group in exile was abducted while in the Gulf, his family said.
Iran is believed to have seized the former head of the Arab Struggle Movement for the Liberation of Ahwaz, a militant separatist group, while he was in Turkey. Iran accuses Farajollah Cha’ab of being behind a 2018 attack on a military parade that killed at least 25 people and wounded 70.
RACE CARD
6.30pm: Handicap (TB) $68,000 (Dirt) 1,600m
7.05pm: Meydan Sprint – Group 2 (TB) $163,000 (Turf) 1,000m
7.40pm: Curlin Stakes – Listed Handicap (TB) $88,000 (D) 2,200m
8.15pm: UAE Oaks – Group 3 (TB) $125,000 (D) 1,900m
8.50pm: Zabeel Mile – Group 2 (TB) $163,000 (T) 1,600m
9.25pm: Balanchine – Group 2 (TB) $163,000 (T) 1,800m
10pm: Al Shindagha Sprint – Group 3 (TB) $130,000 (D) 1,200m
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 National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
MATCH INFO
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Start-up hopes to end Japan's love affair with cash
Across most of Asia, people pay for taxi rides, restaurant meals and merchandise with smartphone-readable barcodes — except in Japan, where cash still rules. Now, as the country’s biggest web companies race to dominate the payments market, one Tokyo-based startup says it has a fighting chance to win with its QR app.
Origami had a head start when it introduced a QR-code payment service in late 2015 and has since signed up fast-food chain KFC, Tokyo’s largest cab company Nihon Kotsu and convenience store operator Lawson. The company raised $66 million in September to expand nationwide and plans to more than double its staff of about 100 employees, says founder Yoshiki Yasui.
Origami is betting that stores, which until now relied on direct mail and email newsletters, will pay for the ability to reach customers on their smartphones. For example, a hair salon using Origami’s payment app would be able to send a message to past customers with a coupon for their next haircut.
Quick Response codes, the dotted squares that can be read by smartphone cameras, were invented in the 1990s by a unit of Toyota Motor to track automotive parts. But when the Japanese pioneered digital payments almost two decades ago with contactless cards for train fares, they chose the so-called near-field communications technology. The high cost of rolling out NFC payments, convenient ATMs and a culture where lost wallets are often returned have all been cited as reasons why cash remains king in the archipelago. In China, however, QR codes dominate.
Cashless payments, which includes credit cards, accounted for just 20 per cent of total consumer spending in Japan during 2016, compared with 60 per cent in China and 89 per cent in South Korea, according to a report by the Bank of Japan.
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RESULTS
1.45pm: Handicap (TB) Dh80,000 (Dirt) 1,400m
Winners: Hyde Park, Royston Ffrench (jockey), Salem bin Ghadayer (trainer)
2.15pm: Conditions (TB) Dh100,000 (D) 1,400m
Winner: Shamikh, Ryan Curatolo, Nicholas Bachalard
2.45pm: Conditions (TB) Dh100,000 (D) 1,200m
Winner: Hurry Up, Royston Ffrench, Salem bin Ghadayer.
3.15pm: Shadwell Jebel Ali Mile Group 3 (TB) Dh575,000 (D) 1,600m
Winner: Blown by Wind, Xavier Ziani, Salem bin Ghadayer
3.45pm: Handicap (TB) Dh72,000 (D) 1,600m
Winner: Mazagran, Tadhg O’Shea, Satish Seemar.
4.15pm: Handicap (TB) Dh64,000 (D) 1,950m
Winner: Obeyaan, Adrie de Vries, Mujeeb Rehman
4.45pm: Handicap (TB) Dh84,000 (D) 1,000m
Winner: Shanaghai City, Fabrice Veron, Rashed Bouresly.
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The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en