An Iraqi security forces sniper looks through the scope of his rifle as he guards in the city of Ramadi, January 16, 2016. A UN report says nearly 19,000 civilians were killed in a 21-month period. REUTERS/Thaier Al-Sudani
An Iraqi security forces sniper looks through the scope of his rifle as he guards in the city of Ramadi, January 16, 2016. A UN report says nearly 19,000 civilians were killed in a 21-month period. REUTERS/Thaier Al-Sudani
An Iraqi security forces sniper looks through the scope of his rifle as he guards in the city of Ramadi, January 16, 2016. A UN report says nearly 19,000 civilians were killed in a 21-month period. REUTERS/Thaier Al-Sudani
An Iraqi security forces sniper looks through the scope of his rifle as he guards in the city of Ramadi, January 16, 2016. A UN report says nearly 19,000 civilians were killed in a 21-month period. RE

Nearly 19,000 Iraqi civilians killed since rise of ISIL


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Geneva // Nearly 19,000 civilians have been killed in violence in Iraq over the past two years, the United Nations said on Tuesday.

Describing the death toll as “staggering”, the report said more than 36,000 people had also been injured.

The dramatic increase in violence came with the rise of ISIL, which in 2014 declared a “caliphate” in a large swath of territory stretching across the Iraqi-Syrian border.

The 18,802 people killed were only from documented casualties between January 1, 2014 and October 31, 2015, and the actual numbers of dead and injured are likely far higher, according to the report by the UN Assistance Mission for Iraq (UNAMI) and the UN human rights agency.

“These are the minimum figures ... in terms of the impact of the violence on civilians,” UNAMI chief Francesco Motta said.

UN human rights chief Zeid Ra’ad Al Hussein meanwhile said the toll only counted people killed in violence and did not take into account those who perished from the broader impact of conflict.

“Even the obscene casualty figures fail to accurately reflect exactly how terribly civilians are suffering in Iraq,” he said. “Countless others have died from the lack of access to basic food, water or medical care.”

Some 3.2 million people have been internally displaced in Iraq since the beginning of 2014, including more than one million school-aged children, according to the UN.

The report accused ISIL of “systematic and widespread violence and abuses of international human rights law and humanitarian law.”

The UN also documented violations and abuses carried out by Iraqi security forces and associated militia and other groups, including killings and abductions.

But the report gave particular attention to the atrocities committed by ISIL, detailing “numerous examples of killings ... in gruesome public spectacles, including by shooting, beheading, bulldozing, burning alive and throwing people off the top of buildings.”

It also condemned reports of ISIL murdering child soldiers who tried to flee.

In one incident, on August 14, ISIL members allegedly killed 18 minors for having run away from fighting on the front line, following a ruling from an ISIL self-appointed court, the report said.

The extremists meanwhile continue “to subject women and children to sexual violence, particularly in the form of sexual slavery,” it said, adding that it believed around 3,500 people were currently being held in ISIL slavery.

“These acts may, in some instances, amount to war crimes, crimes against humanity, and possibly genocide,” according to the report, which was based largely on witness and victim testimony.

The experts said numerous mass graves had been discovered in Iraq, including several in areas that had been liberated from ISIL control, each containing the remains of dozens of people.

Agence France-Presse

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Aston Villa 2 (Grealish 11', Mings 66')

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The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.

Users can also invite other contacts to download ToTok to allow them to make contact through the app.

 

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.”

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5

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 

UAE currency: the story behind the money in your pockets
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Your Guide to the Home
  • Level 1 has a valet service if you choose not to park in the basement level. This level houses all the kitchenware, including covetable brand French Bull, along with a wide array of outdoor furnishings, lamps and lighting solutions, textiles like curtains, towels, cushions and bedding, and plenty of other home accessories.
  • Level 2 features curated inspiration zones and solutions for bedrooms, living rooms and dining spaces. This is also where you’d go to customise your sofas and beds, and pick and choose from more than a dozen mattress options.
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Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
PROFILE OF INVYGO

Started: 2018

Founders: Eslam Hussein and Pulkit Ganjoo

Based: Dubai

Sector: Transport

Size: 9 employees

Investment: $1,275,000

Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri

Tips for used car buyers
  • Choose cars with GCC specifications
  • Get a service history for cars less than five years old
  • Don’t go cheap on the inspection
  • Check for oil leaks
  • Do a Google search on the standard problems for your car model
  • Do your due diligence. Get a transfer of ownership done at an official RTA centre
  • Check the vehicle’s condition. You don’t want to buy a car that’s a good deal but ends up costing you Dh10,000 in repairs every month
  • Validate warranty and service contracts with the relevant agency and and make sure they are valid when ownership is transferred
  • If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell

Tarek Kabrit, chief executive of Seez, and Imad Hammad, chief executive and co-founder of CarSwitch.com

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Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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  • Add tint to windows
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  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat
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Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D 
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India

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'Worse than a prison sentence'

Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.

“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.

“They were living in perpetual mystery as to how their futures would pan out, and what that would be.

“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.

“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.

“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”