Bangladesh and Myanmar have agreed to start repatriating Rohingya refugees within the next two months as global pressure mounts over the refugee crisis.
More than 620,000 Rohingya have poured over the border from Myanmar into Bangladesh since August, running from a Myanmar military crackdown that Washington said this week clearly constitutes "ethnic cleansing".
After weeks of arguing over the terms of repatriation, the two sides agreed a deal in Myanmar's capital Naypyidaw on Thursday following talks between Myanmar's civilian leader Aung San Suu Kyi and the foreign minister of Bangladesh, Abdul Hassan Mahmud Ali.
The exodus has been widely condemned in both Europe and the Arab world and Europe, with the US going as far as to call the acts against the Muslim minority “ethnic cleansing” and threatening sanctions against those responsible.
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Read more:
Urgent action needed on Rohingya crisis, UK minister to say
US calls Myanmar's treatment of Rohingya 'ethnic cleansing'
To place hope in defiant Aung San Suu Kyi seems futile
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In a brief statement, Dhaka said the two sides had agreed to start returning the refugees in two months.
Ms Suu Kyi's office called Thursday's agreement a "win-win situation for both countries", saying the issue should be "resolved amicably through bilateral negotiations". A working group would be set up within three weeks to agree the arrangements for the repatriation.
In brief remarks to the press, Bangladesh's foreign minister Mr Ali said: "This is a primary step. (They) will take back (Rohingya). Now we have to start working."
The United Nations denounced the campaign, condemning heavily the many reports of rampant violence, killings and mass rape. It remains unclear how many Rohingya will be allowed back and how long the process will take.
Aung San Suu Kyi's office said the agreement regarding what it referred to as "displaced persons from Rakhine state" was signed by cabinet officials in Naypyitaw. The pact follows a formula set in a 1992 repatriation agreement signed by the two nations after an earlier outbreak of violence. Under that agreement, Rohingya were required to present residency documents -which few have — before being allowed to return to Myanmar.
Human rights groups have raised concerns about the process, as there is little information about where returning Rohingya will be resettled after hundreds of their villages were razed, and how their safety will be ensured in a country where anti-Muslim sentiment is surging.
The signing of the deal came ahead of a highly-anticipated visit to both nations from Pope Francis, who has been outspoken about his sympathy for the plight of the Rohingya.
Pope Francis is set to visit Myanmar soon, before going to Bangladesh where hundreds of thousands of the refugees have suffered rape, torture, forcible displacement, and what Amnesty International has called “crimes against humanity”. The Burmese military denies all such allegations and verifying the Rohingyas' claims is all but impossible as access to the affected areas is denied to outsiders. The government even blocked visas for a UN fact-finding mission tasked with probing accusations of maltreatment by the military.
Myanmar does not recognise the Rohingya as citizens nor as a group with its own identity, posing a dilemma for Francis as he visits a country of 51 million people where only around 700,000 are Roman Catholics. It is likely that the pontiff will meet with some military leaders but his advisers have warned him not to use the term "Rohingya" for fear of creating a diplomatic incident that could turn the predominantly Buddhist country against the Christian population.
The Pope will also meet Aung San Suu Kyi during his trip, which begins on November 26.
The leader of Myanmar’s two-year-old government faced heavy criticism from the international community with many suggesting she be stripped of her Nobel Peace Prize. Earlier this month, US politicians proposed imposing sanctions and travel restrictions on Myanmar military officials, with whom Ms Suu Kyi shares power over the country.
The stateless Rohingya have for years been the victims of communal violence, vicious anti-Muslim sentiment and systematic government oppression that has stripped them of citizenship and severely restricts their movements and access to basic services.
The latest violence erupted after Rohingya rebels attacked police posts on August 25.
Saturday's results
West Ham 2-3 Tottenham
Arsenal 2-2 Southampton
Bournemouth 1-2 Wolves
Brighton 0-2 Leicester City
Crystal Palace 1-2 Liverpool
Everton 0-2 Norwich City
Watford 0-3 Burnley
Manchester City v Chelsea, 9.30pm
The specs
Engine: 6.2-litre supercharged V8
Power: 712hp at 6,100rpm
Torque: 881Nm at 4,800rpm
Transmission: 8-speed auto
Fuel consumption: 19.6 l/100km
Price: Dh380,000
On sale: now
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Crazy Rich Asians
Director: Jon M Chu
Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan
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The Pope's itinerary
Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport
Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial
Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport
What is type-1 diabetes
Type 1 diabetes is a genetic and unavoidable condition, rather than the lifestyle-related type 2 diabetes.
It occurs mostly in people under 40 and a result of the pancreas failing to produce enough insulin to regulate blood sugars.
Too much or too little blood sugar can result in an attack where sufferers lose consciousness in serious cases.
Being overweight or obese increases the chances of developing the more common type 2 diabetes.
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
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.”
Evacuations to France hit by controversy
- Over 500 Gazans have been evacuated to France since November 2023
- Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
- The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
- Artists and researchers fall under a programme called Pause that began in 2017
- It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
- Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
- Unlike students, they are allowed to bring their families to France
How Beautiful this world is!
Gulf Under 19s final
Dubai College A 50-12 Dubai College B
Tottenham's 10 biggest transfers (according to transfermarkt.com):
1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop
2). Roberto Soldado - Valencia - £25m: Flop
3). Erik Lamela - Roma - £25m: Jury still out
4). Son Heung-min - Bayer Leverkusen - £25m: Success
5). Darren Bent - Charlton Athletic - £21m: Flop
6). Vincent Janssen - AZ Alkmaar - £18m: Flop
7). David Bentley - Blackburn Rovers - £18m: Flop
8). Luka Modric - Dynamo Zagreb - £17m: Success
9). Paulinho - Corinthians - £16m: Flop
10). Mousa Dembele - Fulham - £16m: Success
UAE currency: the story behind the money in your pockets
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East