A Syrian flag with portraits of Syrian President Bashar Assad decorate the street scene as shoppers look of souvenirs in Damascus, Syria, on Saturday Feb. 5, 2011.  An internet campaign calling for "a day of rage" on Friday and now Saturday Feb. 5, against Syrian authorities seems to have failed to attract dissenters onto the streets of Damascus. There are alleged reports that police have intimidated anyone who tried to assemble on the streets over recent days, but there is no sign of the mass protests which have swept Egypt over recent days. (AP Photo/Hussein Malla) *** Local Caption ***  XHM103_Mideast_Syria_Protests.jpg
Amid reports that police have intimidated anyone who tried to assemble on the streets of Damascus over recent days, there was no sign of the mass protests which have swept Egypt.

Syria's 'Day of Anger' failed to ignite as protesters stay away



DAMASCUS // It had been billed on Facebook and Twitter as Syria's own "Day of Anger", when the masses would rise up as they had in Tunisia and Egypt. Yet, in the persistent rain soaking Damascus on Friday, nothing happened.

Civil society activists in Syria have been mulling over why the protest fizzled. While all agree the pervasive security apparatus played a key role, there are also widespread complaints that, unlike the demonstrations in Cairo and Tunis, the one planned for Syria had no domestic roots.

"This call for a day of anger came from outside of the country, from people with no track record and that no one had heard of," said Mazen Darwich, a leading civil liberties campaigner. "It was a disaster, the organisers were less democratic than the security services."

He said those behind the Facebook campaign were overseas armchair revolutionaries, safely away from any repercussions of a failed revolt.

"They have no understanding of what happened in Egypt or Tunisia and they don't understand Syria," he said. "They think you can just say, 'Tomorrow will be the revolution' and it will happen."

The failure also laid bare the limitations of online organising in Syria. High-speed internet is available in the country, and many users bypass the clumsy censorship imposed on sites such as Facebook. But most Syrians are not online, especially the poor majority who would presumably form the core of any demonstrations.

"Facebook is used by young, educated middle-class Syrians who are not ready to actually be part of protests," said Abdul Karim Rehawee, head of the Syrian League for the Defence of Human Rights. "The internet, Facebook, Twitter, have no impact among the poor, those who are really struggling, it has no effect on the street."

Abu Hamid, a 50-year-old father of three, confirmed that assessment. A manual labourer who blames the government for his deepening poverty, he suggested he would have participated in a protest, if he had known one was taking place. He has never used the internet and had not heard of the Day of Anger.

"I'm old and have nothing to lose, if I'm put in jail for the next 20 years it doesn't matter," he said. "But most people don't think that, all of our mouths are zipped by fear of what happens if we speak out."

Syria has not seen public demonstrations by opposition groups since 2006, when protesters fruitlessly demanded an end to repressive emergency laws.

After the Cairo uprising, even small solidarity gatherings near the Egyptian Embassy in Damascus have been quashed.

In the run-up to the mooted protest on Friday, there had been speculation that Syria's disaffected Kurdish minority would play a key role. One civil liberties campaigner, speaking on condition of anonymity, said that had been another of the Facebook organisers' failings.

"They hoped the Kurds would be the spark that ignites the fire," he said. "Their theory was that Kurdish protesters would get beaten up in front of the media by the security forces and that this would start a popular uprising.

"The Kurds pay a high price for demonstrating, so they decided to wait and see. If the Arabs had protested, the Kurds would have joined, But everyone was doing the same thing, all waiting for someone else to make the first move. And no one moved."

Another factor, said some opposition activists, was that Syria's president, Bashar al Assad, is not unpopular. "People want a better economy, an end to corruption and more room to breathe but I think most do not want the president to go, they don't see that as the answer," said one critic of the regime. "We have no opposition, it hasn't been allowed to exist, and people see no alternatives to the president, so they are still hoping he pushes through reforms." Syria's security services remain on a heightened state of alert, according to civil society activists, and at least one campaigner, Ghassan al Najar, a 75-year-old Islamist, has been arrested after calling publicly for peaceful demonstrations.

But, having called for an uprising only to auspiciously fail in delivering one, political opposition groups in Syria have suffered a setback, said Mr Rehawee.

"They have actually damaged any chance of a demonstration taking place in future," he said. "After this, no one will believe it. If someone really does try to organise something, no one will turn up."

However, Mr Darwich believes Syria will undergo some kind of change in the wake of Tunisia and Egypt.

"I think the message has reached all levels that you cannot just keep going as you are," he said. "There is no way to keep controlling the people and the country in the same way. Change will happen.

Fixture and table

UAE finals day: Friday, April 13 at Rugby Park, Dubai Sports City

  • 3pm, UAE Conference: Dubai Tigers v Sharjah Wanderers
  • 6.30pm, UAE Premiership: Dubai Exiles v Abu Dhabi Harlequins

 

UAE Premiership – final standings

  1. Dubai Exiles
  2. Abu Dhabi Harlequins
  3. Jebel Ali Dragons
  4. Dubai Hurricanes
  5. Dubai Sports City Eagles
  6. Abu Dhabi Saracens

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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If you go...

Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.

Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50

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Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
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Investors: Self, family and friends

COMPANY PROFILE

Date started: 2020
Founders: Khaldoon Bushnaq and Tariq Seksek
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Smart words at Make Smart Cool

Make Smart Cool is not your usual festival. Dubbed “edutainment” by organisers Najahi Events, Make Smart Cool aims to inspire its youthful target audience through a mix of interactive presentation by social media influencers and a concert finale featuring Example with DJ Wire. Here are some of the speakers sharing their inspiration and experiences on the night.
Prince Ea
With his social media videos accumulating more half a billion views, the American motivational speaker is hot on the college circuit in the US, with talks that focus on the many ways to generate passion and motivation when it comes to learning.
Khalid Al Ameri
The Emirati columnist and presenter is much loved by local youth, with writings and presentations about education, entrepreneurship and family balance. His lectures on career and personal development are sought after by the education and business sector.
Ben Ouattara
Born to an Ivorian father and German mother, the Dubai-based fitness instructor and motivational speaker is all about conquering fears and insecurities. His talk focuses on the need to gain emotional and physical fitness when facing life’s challenges. As well managing his film production company, Ouattara is one of the official ambassadors of Dubai Expo2020.