• Beirut in 1967, a year after the fall of Intra Bank. Alamy
    Beirut in 1967, a year after the fall of Intra Bank. Alamy
  • The statue Gute (goodness) at Dresden's townhall after the allied bombings in February 1945. AFP
    The statue Gute (goodness) at Dresden's townhall after the allied bombings in February 1945. AFP
  • The A-bomb Dome, on November 1945, three months after the atomic bomb on Hiroshima. AFP
    The A-bomb Dome, on November 1945, three months after the atomic bomb on Hiroshima. AFP
  • Rescue workers survey destruction to the World Trade Centre on September, 11 2001 in New York. AFP
    Rescue workers survey destruction to the World Trade Centre on September, 11 2001 in New York. AFP
  • An aerial view shows the massive damage at Beirut port's grain silos and the area around it a day after a massive explosion hit the heart of the Lebanese capital. AFP
    An aerial view shows the massive damage at Beirut port's grain silos and the area around it a day after a massive explosion hit the heart of the Lebanese capital. AFP

UN food chief: Beirut could run out of bread in under three weeks


  • English
  • Arabic

The head of the UN food agency said on Monday that he is “very, very concerned” Lebanon could run out of bread in about 2 and a half weeks because 85 per cent of the country’s grain comes through Beirut’s devastated port – but he believes an area of the port can be made operational this month.

David Beasley, who is in Beirut assessing damage and recovery prospects, told a virtual UN briefing on the humanitarian situation following last week’s explosion in the Lebanese capital that “at the devastated site, we found a footprint that we can operate on a temporary basis.”

“Working with the Lebanese army, we believe that we can clear part of that site,” Mr Beasley said. “We’ll be airlifting in a lot of equipment, doing everything we can.”

Mr Beasley said he had met with Cabinet ministers – who all resigned later on Monday – and told them the UN needs “absolute co-operation now, no obstacles” because people on the streets are angry and said they need international help but “please make certain that the aid comes directly to the people.”

For the first time since last week’s blast, two ships docked at Beirut’s port on Monday including one carrying grain, according to state media.

The head of the workers union at the port, Bechara Asmar told Al Jadeed TV that since the grain silos were destroyed by the explosion, the material will be pumped directly to trucks or bags after being sanitised.

“This is a glimmer of hope,” Mr Asmar said about the first arrivals adding that the port’s fifth basin where the ships docked remains intact despite the blast.

  • Lebanese anti-government protesters pull a protection wall leading to the Parliament square during a protest in Beirut. EPA
    Lebanese anti-government protesters pull a protection wall leading to the Parliament square during a protest in Beirut. EPA
  • A protester strikes a wall with a metal bar inside the Lebanese Banks Association (ABL) headquarters. Bloomberg
    A protester strikes a wall with a metal bar inside the Lebanese Banks Association (ABL) headquarters. Bloomberg
  • Lebanese army soldiers stand guard by a shattered window inside the Lebanese Banks Association (ABL) headquarters during a demonstration. Bloomberg
    Lebanese army soldiers stand guard by a shattered window inside the Lebanese Banks Association (ABL) headquarters during a demonstration. Bloomberg
  • Protesters break into the Lebanese Banks Association (ABL) headquarters during a demonstration. Bloomberg
    Protesters break into the Lebanese Banks Association (ABL) headquarters during a demonstration. Bloomberg
  • A protester strikes the ceiling inside the Lebanese Banks Association (ABL) headquarters during a demonstration. Bloomberg
    A protester strikes the ceiling inside the Lebanese Banks Association (ABL) headquarters during a demonstration. Bloomberg
  • Protesters light fires inside the Lebanese Banks Association (ABL) headquarters during a demonstration. Bloomberg
    Protesters light fires inside the Lebanese Banks Association (ABL) headquarters during a demonstration. Bloomberg
  • A cloud of tear gas drifts through a crowd of protesters during a protest at Martyrs Square. Getty Images
    A cloud of tear gas drifts through a crowd of protesters during a protest at Martyrs Square. Getty Images
  • Lebanese security forces run during clashes with anti-government protesters. EPA
    Lebanese security forces run during clashes with anti-government protesters. EPA
  • A Lebanese anti-government protester flashes a victory sign and holds a blood-stained yellow jacket of a fellow protester during clashes with riot police. EPA
    A Lebanese anti-government protester flashes a victory sign and holds a blood-stained yellow jacket of a fellow protester during clashes with riot police. EPA
  • Protesters use fire extinguishers to block protesters' movements from the Internal Security Forces, not pictured, during a protest at Martyrs Square. Getty Images
    Protesters use fire extinguishers to block protesters' movements from the Internal Security Forces, not pictured, during a protest at Martyrs Square. Getty Images
  • Protesters move through a cloud of tear gas during a protest at Martyrs Square. Getty Images
    Protesters move through a cloud of tear gas during a protest at Martyrs Square. Getty Images
  • Lebanese anti-government protesters face off with riot police. EPA
    Lebanese anti-government protesters face off with riot police. EPA
  • A Lebanese protester waves the national flag during clashes with security forces in downtown Beirut. AFP
    A Lebanese protester waves the national flag during clashes with security forces in downtown Beirut. AFP
  • A Lebanese protester speaks to soldiers at the headquarters of the Lebanese association of banks in downtown Beirut. AFP
    A Lebanese protester speaks to soldiers at the headquarters of the Lebanese association of banks in downtown Beirut. AFP
  • An injured demonstrator is evacuated during a protest. Reuters
    An injured demonstrator is evacuated during a protest. Reuters

Mr Beasley, the executive director of the World Food Programme, said a ship with 17,500 metric tons of wheat flour should arrive in Beirut “within two weeks, and that’s to put bread on the table of all the people of Lebanon and that will give us a bread supply for 20 days.”

“While we’re doing that, we’ve got a 30-day supply of about 30,000 metric tons of wheat that we’re bringing in, and then another 100,000 metric tons over the next 60 days after that,” Mr Beasley said.

Najat Rochdi, the UN humanitarian co-ordinator for Lebanon, told a press conference after briefing UN members that Beasley went to the port with engineers to assess what can be done.

“They are very optimistic to start actually this rehabilitation as soon as this week to increase the capacity of the port of Beirut,” she said.

Ms Rochdi said she understands a ship will be arriving Thursday with some construction material, followed by a ship with wheat and grain, “to address the issue of food security and to hopefully make sure Beirut is not going to be short of bread.”

UN humanitarian chief Mark Lowcock told diplomats the “swift and wide-ranging” humanitarian response is just the first of a three-phased response to the tragedy.

“The second – recovery and reconstruction – will cost billions of dollars and require a mix of public and private finance,” he said. "The third element is responding to the Lebanon’s pre-existing socioeconomic crisis which is already exacerbated by Covid-19.”

Mr Lowcock, the undersecretary-general for humanitarian affairs and emergency relief co-ordinator, stressed the Beirut explosion last Tuesday “will have repercussions far beyond those we see in front of us now.”

He urged donors, international financial institutions and the wider international community to “come together and put their shoulder to the wheel,” stressing that the Lebanese people will be served best by a collective response.

UN Secretary-General Antonio Guterres told UN member nations the voices of Lebanon’s angry people “must be heard.”

“It is important that a credible and transparent investigation determine the cause of the explosion and bring about the accountability demanded by the Lebanese people,” he said.

“It is also important that reforms be implemented so as to address the needs of the Lebanese people for the longer term.”

Mr Guterres also pledged that “the United Nations will stand with Lebanon to help alleviate the immediate suffering and support its recovery.”

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

UAE currency: the story behind the money in your pockets
MATCH INFO

Crawley Town 3 (Tsaroulla 50', Nadesan 53', Tunnicliffe 70')

Leeds United 0 

Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

The Case For Trump

By Victor Davis Hanson
 

HEADLINE HERE
  • I would recommend writing out the text in the body 
  • And then copy into this box
  • It can be as long as you link
  • But I recommend you use the bullet point function (see red square)
  • Or try to keep the word count down
  • Be wary of other embeds lengthy fact boxes could crash into 
  • That's about it
Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Indoor Cricket World Cup Dubai 2017

Venue Insportz, Dubai; Admission Free

Day 1 fixtures (Saturday)

Men 1.45pm, Malaysia v Australia (Court 1); Singapore v India (Court 2); UAE v New Zealand (Court 3); South Africa v Sri Lanka (Court 4)

Women Noon, New Zealand v South Africa (Court 3); England v UAE (Court 4); 5.15pm, Australia v UAE (Court 3); England v New Zealand (Court 4)

Squads

Pakistan: Sarfaraz Ahmed (c), Babar Azam (vc), Abid Ali, Asif Ali, Fakhar Zaman, Haris Sohail, Mohammad Hasnain, Iftikhar Ahmed, Imad Wasim, Mohammad Amir, Mohammad Nawaz, Mohammad Rizwan, Shadab Khan, Usman Shinwari, Wahab Riaz

Sri Lanka: Lahiru Thirimanne (c), Danushka Gunathilaka, Sadeera Samarawickrama, Avishka Fernando, Oshada Fernando, Shehan Jayasuriya, Dasun Shanaka, Minod Bhanuka, Angelo Perera, Wanindu Hasaranga, Lakshan Sandakan, Nuwan Pradeep, Isuru Udana, Kasun Rajitha, Lahiru Kumara

ULTRA PROCESSED FOODS

- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns 

- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;

- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces

- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,

- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

If you go

The flights

Etihad and Emirates fly direct from the UAE to Chicago from Dh5,215 return including taxes.

The hotels

Recommended hotels include the Intercontinental Chicago Magnificent Mile, located in an iconic skyscraper complete with a 1929 Olympic-size swimming pool from US$299 (Dh1,100) per night including taxes, and the Omni Chicago Hotel, an excellent value downtown address with elegant art deco furnishings and an excellent in-house restaurant. Rooms from US$239 (Dh877) per night including taxes. 

First Person
Richard Flanagan
Chatto & Windus 

MATCH INFO

Champions League quarter-final, first leg

Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)

Matches can be watched on BeIN Sports

THE SPECS

Engine: 2.0-litre 4-cylinder turbo

Power: 275hp at 6,600rpm

Torque: 353Nm from 1,450-4,700rpm

Transmission: 8-speed dual-clutch auto

Top speed: 250kph

Fuel consumption: 6.8L/100km

On sale: Now

Price: Dh146,999

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

AL%20BOOM
%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BDirector%3AAssad%20Al%20Waslati%26nbsp%3B%3C%2Fp%3E%0A%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%0DStarring%3A%20Omar%20Al%20Mulla%2C%20Badr%20Hakami%20and%20Rehab%20Al%20Attar%0D%3Cbr%3E%0D%3Cbr%3EStreaming%20on%3A%20ADtv%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%203.5%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
WIDE%20VIEW
%3Cp%3EThe%20benefits%20of%20HoloLens%202%2C%20according%20to%20Microsoft%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EManufacturing%3A%3C%2Fstrong%3E%20Reduces%20downtime%20and%20speeds%20up%20onboarding%20and%20upskilling%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEngineering%20and%20construction%3A%3C%2Fstrong%3E%20Accelerates%20the%20pace%20of%20construction%20and%20mitigates%20risks%20earlier%20in%20the%20construction%20cycle%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EHealth%20care%3A%3C%2Fstrong%3E%20Enhances%20the%20delivery%20of%20patient%20treatment%20at%20the%20point%20of%20care%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEducation%3A%3C%2Fstrong%3E%20Improves%20student%20outcomes%20and%20teaches%20from%20anywhere%20with%20experiential%20learning%3C%2Fp%3E%0A

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.”