People gather at the site of a drone strike on the road between Yafe and Radfan districts of the southern Yemeni province of Lahj August 11, 2013. Local officials and residents in Yemen's southern Lahj Province said a drone destroyed a vehicle travelling on a mountain road late on Saturday evening killing its two occupants and bringing to 15 the death toll from four strikes in three days. REUTERS/Stringer (YEMEN - Tags: POLITICS CIVIL UNREST) *** Local Caption ***  KHA03_YEMEN-DRONE-_0811_11.JPG
The site of a drone strike on the road between Yafe and Radfan districts of the southern Yemeni province of Lahj on August 11.

Yemen plot highlights need for new US strategy



NEW YORK // Last week as 19 US diplomatic posts in the Middle East and Africa were closed because of an alleged Al Qaeda terror plot, critics of the US president, Barack Obama, seized quickly on what they said was a contradiction in his administration's counter-terror policies.

If, as administration officials have claimed in recently, Al Qaeda is a sapped force and the "war on terror" as we know it is coming to an end, why was such drastic action taken?

In their defence, US intelligence officials made it known that the intercepted communication that triggered the closure of US diplomatic missions was a message from the head of Al Qaeda's Yemeni affiliate to the group's overall head, Ayman Al Zawahiri.

In the message, according to the officials, Nasser Al Wuhayshi did not agree to carry out an attack concocted and ordered by the Al Qaeda leader, believed to be in Pakistan. Instead, he asked Mr Al Zawahiri's blessing for an attack he had planned.

For supporters of Mr Obama, that disclosure could not have come at a more propitious moment. It bolstered administration claims that, despite the terror alert, the veteran Al Qaeda leadership in Pakistan has been severely weakened and lacks command-and-control over faraway affiliates.

According to security experts, the most significant change in capability that the Yemen plot revealed - if the leaked intelligence intercept is true - is that Al Qaeda affiliates have the technology to communicate electronically in near real time, said Thomas Hegghammer, the director of terrorism research at the Norwegian Defence Research Establishment in Oslo.

"But one conference call doesn't make an attack," he said. "That is not the same as they have the ability to coordinate operations at the sort of level of sophistication that was seen in preparation for 9/11."

Yet even though the controversy it sparked has subsided, the disrupted plot underscores the new, more complex threat that has emerged in the wake of the Arab Spring and the weakening of Al Qaeda's base in Afghanistan, analysts have said.

Extremist groups, some with links to the old Al Qaeda, others simply inspired by it, have found fertile ground in the Arab Spring countries, as democratic transitions have stalled and economies continued to fray, said Thomas Sanderson, the director of the Transnational Threats Project at the Centre for Strategic and International Studies (CSIS) in Washington.

The counter-terrorism strategy honed by the Obama administration relied primarily on covert military operations, such as drone strikes and the raid that killed Osama bin Laden. These tactics were particularly effective in disrupting Al Qaeda in Pakistan, where its members, mostly foreign Arabs, hid among a non-Arab local population. But these methods have proven less effective against groups who blend in to the communities around them.

Al Qaeda in the Arabian Peninsula (Aqap) is the most formidable of these organisations, and the only one believed capable of targeting the US. Its membership has grown even as the US killed several of its leaders with drone strikes and assisted the Yemeni military in pushing the group out of territory it held in southern Yemen, said Gregory Johnsen, a Yemen scholar at Princeton University and the author of a book on Aqap.

That expansion caused one legislator earlier this year to ask whether the administration's counter-terrorism policies were outdated.

"If the cancer of Al Qaeda is metastasising, do we need a new treatment?" Senator Susan Collins asked CIA director John Brennan at a congressional hearing this year.

In May, in a speech at the National Defence University in Washington, Mr Obama hinted at the need to rethink US counter-terror policies.

"We cannot use force everywhere that a radical ideology takes root and, in the absence of a strategy that reduces the wellspring of extremism, a perpetual war — through drones or special forces or troop deployments — will prove self-defeating," he said.

While the recent drone strikes in Yemen showed that the administration could act quickly against an imminent threat that is not necessarily proof that it has a viable strategy to reduce the causes of extremism, said a former Pentagon official and security expert at CSIS.

"What is far less clear is that this US strategy has gone from the conceptual level to a realistic effort to implement it," Anthony Cordesman wrote in a July report on Yemen.

There are many hurdles to implementing a new kind of counter-terrorism strategy that is not measured mainly by body counts.

"Can you convince Congress to do the more convoluted, softer side of counter-terrorism when it's a lot easier to sell special ops assaults as being effective than you can poverty reduction?" said Mr Sanderson.

"The political incentives all go in the direction of continuing to hit people with drone strikes and doing all the things we've been doing, and that's what worries me," said Paul Pillar, a former intelligence official.

"There's no way any leader can say, once an event happens, 'Well, this is one of the ones we didn't catch'."

Yet as the examples of Yemen, Iraq and Afghanistan illustrate, the ability of Washington to shape local politics through programmes aimed at building state institutions and encouraging economic development is limited, experts have said.

The US has earmarked US$600 million (Dh2.2 billion) for Yemen since 2011, with $250 million for fighting terrorism and the rest for strengthening state institutions. Nevertheless, Aqap was still viewed as strong enough to trigger the closure US diplomatic missions.

"The US can provide some forms of expertise and security assistance, it can provide limited aid in governance and economic reform, but there will be no quick solutions," Mr Cordesman wrote.

Another obstacle for Mr Obama's vision for a new counter-terrorism strategy is the massive counter-terrorism bureaucracy that has grown accustomed to military tactics rather than underlying political and societal causes.

"Critics are measuring the effect of drones in Aqap's size on the ground in Yemen and they see that it hasn't reduced the size of the organisation," said Mr Hegghammer.

"But for the CT [counter-terrorism] strategist sitting in Virginia, it doesn't matter how large Aqap is if it's unable to attack the homeland."

The spectre of the September 11, 2012, attack in Benghazi, which killed four Americans including the ambassador, likely led the state department to close so many embassies, the analysts said.

The Benghazi attack has made it even more difficult to implement a counter-terrorism strategy that doesn't rely on "red meat", Mr Sanderson said.

In the meantime, on web forums Aqap supporters were praising what they called its "psychological" victory. "The mobilisation and security precautions are costing them billions of dollars. We hope to hear more of such psychological warfare, even if there are no actual jihadi operations on the ground," said one forum comment.

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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat

OIL PLEDGE

At the start of Russia's invasion, IEA member countries held 1.5 billion barrels in public reserves and about 575 million barrels under obligations with industry, according to the agency's website. The two collective actions of the IEA this year of 62.7 million barrels, which was agreed on March 1, and this week's 120 million barrels amount to 9 per cent of total emergency reserves, it added.

The specs: 2018 Honda City

Price, base: From Dh57,000
Engine: 1.5L, in-line four-cylinder
Transmission: Continuously variable transmission
Power: 118hp @ 6,600rpm
Torque: 146Nm @ 4,600rpm
Fuel economy, combined: 5.8L / 100km

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press

England squad

Goalkeepers: Jordan Pickford, Nick Pope, Aaron Ramsdale

Defenders: Trent Alexander-Arnold, Conor Coady, Marc Guehi, Reece James, Harry Maguire, Tyrone Mings, Luke Shaw, John Stones, Ben White

Midfielders: Jude Bellingham, Conor Gallagher, Mason Mount, Jordan Henderson, Declan Rice, James Ward-Prowse

Forwards: Tammy Abraham, Phil Foden, Jack Grealish, Harry Kane, Bukayo Saka, Emile Smith Rowe, Raheem Sterling

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

While you're here
The studios taking part (so far)
  1. Punch
  2. Vogue Fitness 
  3. Sweat
  4. Bodytree Studio
  5. The Hot House
  6. The Room
  7. Inspire Sports (Ladies Only)
  8. Cryo
2.0

Director: S Shankar

Producer: Lyca Productions; presented by Dharma Films

Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey

Rating: 3.5/5 stars

Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”

Fight card

1. Featherweight 66kg: Ben Lucas (AUS) v Ibrahim Kendil (EGY)

2. Lightweight 70kg: Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)

3. Welterweight 77kg:Marcos Costa (BRA) v Abdelhakim Wahid (MAR)

4. Lightweight 70kg: Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)

5. Featherweight 66kg: Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)

6. Catchweight 85kg: Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)

7. Featherweight 66kg: Yousef Al Husani (UAE) v Mohamed Allam (EGY)

8. Catchweight 73kg: Mostafa Radi (PAL) v Ahmed Abdelraouf of Egypt (EGY)

9.  Featherweight 66kg: Jaures Dea (CMR) v Andre Pinheiro (BRA)

10. Catchweight 90kg: Tarek Suleiman (SYR) v Juscelino Ferreira (BRA)

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
HWJN

Director: Yasir Alyasiri

Starring: Baraa Alem, Nour Alkhadra, Alanoud Saud

Rating: 3/5

The specs

Engine: 2.2-litre, turbodiesel

Transmission: 6-speed auto

Power: 160hp

Torque: 385Nm

Price: Dh116,900

On sale: now

MATCH INFO

Sheffield United 2 Bournemouth 1
United: Sharp (45+2'), Lundstram (84')
Bournemouth: C Wilson (13')

Man of the Match: Jack O’Connell (Sheffield United)

Company profile

Company: Splintr

Started: May 2019

Founders: Mohammad AlMheiri and Badr AlBadr

Based: Dubai and Riyadh

Sector: payments / FinTech

Size: 10 employees

Initial investment: undisclosed seven-figure sum / pre-seed

Stage: seed

Investors: angel investors

The biog

Age: 30

Position: Senior lab superintendent at Emirates Global Aluminium

Education: Bachelor of science in chemical engineering, post graduate degree in light metal reduction technology

Favourite part of job: The challenge, because it is challenging

Favourite quote: “Be the change you wish to see in the world,” Gandi

MATCH INFO

Uefa Champions League last 16, first leg

Liverpool v Bayern Munich, midnight, Wednesday, BeIN Sports

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

Second ODI

England 322-7 (50 ovs)
India 236 (50 ovs)

England win by 86 runs

Next match: Tuesday, July 17, Headingley 

The specs

Engine: 6.2-litre V8

Transmission: ten-speed

Power: 420bhp

Torque: 624Nm

Price: Dh325,125

On sale: Now

Courses at Istituto Marangoni, Dubai

Undergraduate courses
Interior Design; Product Design; Visual Design; Fashion Design & Accessories; Fashion Styling & Creative Direction; Fashion Business; Foundation in Fashion; Foundation in Design
Professional courses
Fashion e-Commerce & Digital Marketing; Fashion Entrepreneurship; Fashion Luxury Retail and Visual Merchandising
Short courses
Fashion design; Fashion Image & Styling; Fashion Trend Forecasting; Interior Design; Digital Art in Fashion
More information is at www.istitutomarangoni.com

CONFIRMED LINE-UP

Elena Rybakina (Kazakhstan)
Ons Jabeur (Tunisia)
Maria Sakkari (Greece)
Barbora Krejčíková (Czech Republic)
Beatriz Haddad Maia (Brazil)
Jeļena Ostapenko (Latvia)
Liudmila Samsonova
Daria Kasatkina 
Veronika Kudermetova 
Caroline Garcia (France) 
Magda Linette (Poland) 
Sorana Cîrstea (Romania) 
Anastasia Potapova 
Anhelina Kalinina (Ukraine)  
Jasmine Paolini (Italy) 
Emma Navarro (USA) 
Lesia Tsurenko (Ukraine)
Naomi Osaka (Japan) - wildcard
Emma Raducanu (Great Britain) - wildcard
Alexandra Eala (Philippines) - wildcard

How to invest in gold

Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.

Getting there

The flights

Flydubai operates up to seven flights a week to Helsinki. Return fares to Helsinki from Dubai start from Dh1,545 in Economy and Dh7,560 in Business Class.

The stay

Golden Crown Igloos in Levi offer stays from Dh1,215 per person per night for a superior igloo; www.leviniglut.net 

Panorama Hotel in Levi is conveniently located at the top of Levi fell, a short walk from the gondola. Stays start from Dh292 per night based on two people sharing; www. golevi.fi/en/accommodation/hotel-levi-panorama

Arctic Treehouse Hotel in Rovaniemi offers stays from Dh1,379 per night based on two people sharing; www.arctictreehousehotel.com

THE 12 BREAKAWAY CLUBS

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Company Profile

Company name: NutriCal

Started: 2019

Founder: Soniya Ashar

Based: Dubai

Industry: Food Technology

Initial investment: Self-funded undisclosed amount

Future plan: Looking to raise fresh capital and expand in Saudi Arabia

Total Clients: Over 50

Need to know

Unlike other mobile wallets and payment apps, a unique feature of eWallet is that there is no need to have a bank account, credit or debit card to do digital payments.

Customers only need a valid Emirates ID and a working UAE mobile number to register for eWallet account.

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.”

Jebel Ali results

2pm: Handicap (PA) Dh 50,000 (Dirt) 1,400m

Winner: AF Al Moreeb, Antonio Fresu (jockey), Ernst Oertel (trainer)

2.30pm: Maiden (TB) Dh 60,000 (D) 1,400m

Winner: Shamikh, Ryan Curatolo, Nicholas Bachalard

3pm: Handicap (TB) Dh 64,000 (D) 1,600m

Winner: One Vision, Connor Beasley, Ali Rashid Al Raihe

3.30pm: Conditions (TB) Dh 100,000 (D) 1,600m

Winner: Gabr, Sam Hitchcott, Doug Watson

4pm: Handicap (TB) Dh 96,000 (D) 1,800m

Winner: Just A Penny, Sam Hitchcock, Doug Watson

4.30pm: Maiden (TB) Dh 60,000 (D) 1,600m

Winner: Torno Subito, Sam Hitchcock, Doug Watson

5pm: Handicap (TB) Dh 76,000 (D) 1,950m

Winner: Untold Secret, Jose Santiago, Salem bin Ghadayer

PREMIER LEAGUE FIXTURES

Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

West Ham v Wolves (8.30pm)

Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)