US army Col Ryan Dillon, spokesman for the US-led coalition against ISIL, said the coalition was still monitoring the ISIL convoy in Syria. In this picture, taken on August 24, 2017, he is speaking at a press conference in Baghdad, Iraq. Karim Kadim / The Associated Press
US army Col Ryan Dillon, spokesman for the US-led coalition against ISIL, said the coalition was still monitoring the ISIL convoy in Syria. In this picture, taken on August 24, 2017, he is speaking at a press conference in Baghdad, Iraq. Karim Kadim / The Associated Press
US army Col Ryan Dillon, spokesman for the US-led coalition against ISIL, said the coalition was still monitoring the ISIL convoy in Syria. In this picture, taken on August 24, 2017, he is speaking at a press conference in Baghdad, Iraq. Karim Kadim / The Associated Press
US army Col Ryan Dillon, spokesman for the US-led coalition against ISIL, said the coalition was still monitoring the ISIL convoy in Syria. In this picture, taken on August 24, 2017, he is speaking at

US-led coalition says still monitoring ISIL convoy in Syria


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A convoy of ISIL fighters and their families being evacuated into jihadist territory in east Syria remained in government-held areas of Syria on Friday, US-led forces said.

"It has not managed to link up with any other ISIS elements in eastern Syria," said Col Ryan Dillon, spokesman for the US-led coalition fighting ISIL.

There are about 300 fighters and about 300 civilians in the convoy, which the Syrian army and Lebanon's Hizbollah group granted safe passage after the jihadists surrendered their enclave on Syria's border with Lebanon.

But the coalition against ISIL has used air strikes to block the convoy from crossing into the group's main territory straddling Syria's eastern border with Iraq.

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The ISIL fighters in the border pocket accepted a truce and evacuation deal after simultaneous but separate offensives by the Lebanese army on one front and the Syrian army and Hizbollah on the other.

It angered both the coalition, which does not want the fighters bussed to a battlefront in which it is active, and Iraq, which is fighting ISIL across the border.

"We are continuing to monitor that convoy and will continue to disrupt its movement east to link up with any other ISIS element and we will continue to strike any other ISIS elements that try to move towards it," Col Dillon said.

The coalition has asked Russia to tell the Syrian government that it will not allow the convoy to move further east to the Iraqi border, the coalition said in a statement.

Syrian president Bashar Al Assad gave prayers on Friday for Eid Al Adha festival in the town of Qara, near the enclave surrendered on Monday by the ISIL fighters.

Confined to Damascus for long periods in the early part of Syria's six-year civil war, Mr Assad has grown more confident in travelling around government-held areas as the army and its allies have won a series of victories.

Mr Assad was shown on state television standing and kneeling on a green carpet in a packed mosque alongside Syrian religious leaders as he followed the imam giving prayers.

Read more: France calls for transition from Assad rule is Syria

The departure of ISIL and other groups from the Western Qalamoun district means the border with Lebanon is Syria's first to be controlled entirely by its army since early in the conflict.

Qara is only a few miles from the mountains delineating the frontier with Lebanon, in which ISIL and other militant groups held territory until August.

Part of an agreed exchange under the truce went ahead on Thursday as woundedISIL fighters were swapped for the bodies of pro-government forces. But the fate of the main part of the convoy is uncertain.

"It was moving this morning and then they had stopped … I don't know if they stopped for a break or were trying to figure out what to do," Col Dillon said.

The front line between Syrian government forces and ISIL in eastern Syria is active, as the army, aided by Russian jets and Iran-backed Shiite militias, presses an offensive to relieve its besieged enclave at Deir azzor.

On Friday, a Syrian military source said the army and its allies had made an advance against ISIL in that area and had also taken several villages in a jihadist enclave in central Syria.

RESULTS

Mumbai Indians 181-4 (20 ovs)
Kolkata Knight Riders 168-6 (20ovs)

Mumbai won by 13 runs

Rajasthan Royals 152-9 (20 ovs)
Kings XI Punjab 155-4 (18.4 ovs)

Kings XI Punjab won by 6 wickets

The British in India: Three Centuries of Ambition and Experience

by David Gilmour

Allen Lane

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Torque: 220Nm @ 1,480rpm (Cooper) / 280Nm @ 1,350rpm (Cooper S)
Transmission: Seven-speed automatic
Fuel consumption, combined: 4.8L to 5.4L / 100km

India squad for fourth and fifth Tests

Kohli (c), Dhawan, Rahul, Shaw, Pujara, Rahane (vc), Karun, Karthik (wk), Pant (wk), Ashwin, Jadeja, Pandya, Ishant, Shami, Umesh, Bumrah, Thakur, Vihari

The Bio

Name: Lynn Davison

Profession: History teacher at Al Yasmina Academy, Abu Dhabi

Children: She has one son, Casey, 28

Hometown: Pontefract, West Yorkshire in the UK

Favourite book: The Alchemist by Paulo Coelho

Favourite Author: CJ Sansom

Favourite holiday destination: Bali

Favourite food: A Sunday roast

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Three ways to limit your social media use

Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.

1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.

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3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.

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Pakistan v New Zealand Test series

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Tickets and schedule: Entry is free for all spectators. Gates open at 9am. Play commences at 10am

Our family matters legal consultant

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Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

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Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

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Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13 

Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier

Favourite place to travel to: Any walkable city. I also love nature and wildlife 

What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents. 

Favorite place to go in the UAE: A quiet beach.

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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.”

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