'We are afraid': Beirut empty as verdict declared on assassination of Rafik Hariri


Sunniva Rose
  • English
  • Arabic

The streets of Beirut were deserted on Tuesday afternoon as the Lebanese stayed home in fear of violence while judges in the Netherlands read out the verdict on the assassination of former prime minister Rafik Hariri, 15 years after his killing.

“We are afraid that violent things could happen,” said Andrea, 27, a bank employee who rushed to drive home in the normally busy square of Sassine.

“Let’s pray for Lebanon."

Maya, 31, was one of the only people spotted on the usually bustling Corniche, a few hundred metres away from where Hariri died on February 14, 2005, in a suicide bomb attack that killed 21 other people and injured 220.

“I was watching the [live transmission] of the tribunal and I needed a mental break,” Maya said.

“As we stand here, someone from either Hezbollah or his Future Movement could start shooting and kill us by mistake.

“People are traumatised now."

Much of the trauma came from the August 4 explosion of 2,750 tonnes of ammonium nitrate in Beirut port, which devastated the city and killed at least 177 people.

Lebanese officials have said that the explosion was probably caused by unsafe storage of the chemicals for seven years.

“But if I die, I die," Maya said. "I can’t sit at home all the time.”

In the early afternoon, shortly after the judge began reading his verdict, downtown Beirut was deserted, except for policemen and journalists.

They were waiting for a delegation from the Future Movement, the political party of Hariri's son Saad, to pay its respects at the former leader's tomb later in the day.

Several people declined to comment on the tribunal’s verdict.

“What’s the point?" a woman sitting on a bench said. "Hariri died 15 years ago. We all know who did it."

Maha Yahya, director of the Carnegie Middle East Centre, said: “Everybody is worried.

"You don’t want to be caught in the middle of a clash between Hezbollah and the Future movement.

"We have been living through so much for the last 15 years since Hariri’s assassination.

"In many ways, we are still experiencing the ripple effects of that instability.”

Ms Yahya was referring to, among other things, the wave of political assassinations after Hariri’s death.

A 'time of mourning and listening to justice'

But politicians were keen to stress that they expected no major clashes.

“We do not believe in making disturbances today,” said Nasser Hammoud, general co-ordinator for the Future Movement in Saida and South Lebanon.

"This is a time of mourning and listening to justice."

The party did not organise political rallies or social gatherings to mark the day.
Despite the acquittal of three of four of the accused, Mr Hammoud said he was happy with the verdict.

“This proves the transparency of the tribunal," he said.

"It said there were no immediate links with Hezbollah but we all know that all four are Hezbollah members.

"You're faced with two interpretations: either Hezbollah is involved and they are hiding it; or [Hezbollah leader] Hassan Nasrallah does not control every person in his party.

“This is the first time in the history of Lebanon that we have an international tribunal that tried to solve such a huge assassination. This should deter future criminal activity."

The Lebanese people were less praising on social media.

As judges were still reading the verdict, the Lebanese started sharing dark jokes on Twitter to express their disappointment.

“It’s almost like the international tribunal is telling us that Hariri died because of the coronavirus,” one posted.

Warlight,
Michael Ondaatje, Knopf 

What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

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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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Know your cyber adversaries

Cryptojacking: Compromises a device or network to mine cryptocurrencies without an organisation's knowledge.

Distributed denial-of-service: Floods systems, servers or networks with information, effectively blocking them.

Man-in-the-middle attack: Intercepts two-way communication to obtain information, spy on participants or alter the outcome.

Malware: Installs itself in a network when a user clicks on a compromised link or email attachment.

Phishing: Aims to secure personal information, such as passwords and credit card numbers.

Ransomware: Encrypts user data, denying access and demands a payment to decrypt it.

Spyware: Collects information without the user's knowledge, which is then passed on to bad actors.

Trojans: Create a backdoor into systems, which becomes a point of entry for an attack.

Viruses: Infect applications in a system and replicate themselves as they go, just like their biological counterparts.

Worms: Send copies of themselves to other users or contacts. They don't attack the system, but they overload it.

Zero-day exploit: Exploits a vulnerability in software before a fix is found.

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Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium

MATCH INFO

Day 1 at Mount Maunganui

England 241-4

Denly 74, Stokes 67 not out, De Grandhomme 2-28

New Zealand 

Yet to bat

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

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The details

Heard It in a Past Life

Maggie Rogers

(Capital Records)

3/5

Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

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Serie B Best Young Player: Sandro Tonali (Brescia)
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Best Women’s Player: Manuela Giugliano (Milan)
Best Women’s XI: Laura Giuliani (Milan); Alia Guagni (Fiorentina), Sara Gama (Juventus), Cecilia Salvai (Juventus), Elisa Bartoli (Roma); Aurora Galli (Juventus), Manuela Giugliano (Roma), Valentina Cernoia (Juventus); Valentina Giacinti (Milan), Ilaria Mauro (Fiorentina), Barbara Bonansea (Juventus)

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
SHOW COURTS ORDER OF PLAY

Centre Court (4pm UAE/12pm GMT)
Victoria Azarenka (BLR) v Heather Watson (GBR)
Rafael Nadal (ESP x4) v Karen Khachanov (RUS x30)
Andy Murray (GBR x1) v Fabio Fognini (ITA x28)

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Steve Johnson (USA x26) v Marin Cilic (CRO x7)
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Court 2 (2.30pm UAE)
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Peng Shuai (CHN) v Simona Halep (ROM x2)
Jelena Ostapenko (LAT x13) v Camila Giorgi (ITA)
Jo-Wilfried Tsonga (FRA x12) v Sam Querrey (USA x24)

Court 3 (2.30pm UAE)
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Carina Witthoeft (GER) v Elina Svitolina (UKR x4)

Court 12 (2.30pm UAE)
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Kevin Anderson (RSA) v Ruben Bemelmans (BEL)

Court 18 (2.30pm UAE)
Caroline Garcia (FRA x21) v Madison Brengle (USA)
Benoit Paire (FRA) v Jerzy Janowicz (POL)

Mica

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3 stars

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Draw for Presidents Cup fourball matches on Thursday (Internationals first mention). All times UAE:

02.32am (Thursday): Marc Leishman/Joaquin Niemann v Tiger Woods/Justin Thomas
02.47am (Thursday): Adam Hadwin/Im Sung-jae v Xander Schauffele/Patrick Cantlay
03.02am (Thursday): Adam Scott/An Byeong-hun v Bryson DeChambeau/Tony Finau
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Name: Hassan Mohsen Elhais

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How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
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