Members of the Sri Lankan cricket team board a rescue helicopter at the Qadafi Stadium on March 3 2009 in Lahore, Pakistan.
Members of the Sri Lankan cricket team board a rescue helicopter at the Qadafi Stadium on March 3 2009 in Lahore, Pakistan.
Members of the Sri Lankan cricket team board a rescue helicopter at the Qadafi Stadium on March 3 2009 in Lahore, Pakistan.
Members of the Sri Lankan cricket team board a rescue helicopter at the Qadafi Stadium on March 3 2009 in Lahore, Pakistan.

Pakistan shattered by cricket terrorism


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LAHORE // A bloody attack on the Sri Lankan cricket team in Pakistan yesterday underscored an increasingly perilous terrorist threat endangering the country.

Seven people - six police officers and one civilian - were killed in the commando-style attack by 12 unidentified gunmen, the most high-profile attack on international athletes in years, that officials said bore the hallmarks of a terrorist group that attacked the Indian city of Mumbai in November.

Police claimed to have arrested four suspected terrorists in the Model Town area of Lahore along with a cache of weapons, including Kalashnikov rifles. It was not known if they were connected to the attack.

The terrorist attack in Lahore, the capital of the country's most politically important province, will once again focus attention on a deep-rooted terrorism problem about which many Pakistani politicians are in deep denial. The attack has destroyed Pakistan's attempts to host international sporting fixtures and dealt another blow to the country's crumbling morale.

The gunmen ambushed the Sri Lankan team's bus and its police escort as they circled a roundabout about 500 metres from the 60,000-seat Qadafi Stadium. Six Sri Lankan cricketers and their British assistant coach were wounded in the attack. The driver of a second vehicle carrying the match umpires was killed in the attack. Officials in Lahore said two members of the Sri Lankan team - Thilan Samaraweera and Tharanga Paranavitana - were hospitalised. The rest of the team flew to Sri Lanka on a chartered flight last night.

"It's the same pattern, the same terrorists who attacked Mumbai," said the governor of the Pakistani Punjab, Salman Taseer.

India blamed that attack on Pakistan-trained militants and the incident sharply raised tension between the nuclear-armed neighbours. Pakistani officials and a minister blamed India for a tit-for-tat style attack.

"The evidence which we have got shows that these terrorists entered from across the border from India," Sardar Nabil Ahmed Gabol, minister of state for shipping, told Geo, a private television station. "This was a conspiracy to defame Pakistan internationally."

"We suspect some foreign hand," said the head of the interior ministry, Rehman Malik, alluding to India.

The Sri Lankan president, Mahinda Rajapakse, condemned the "cowardly terrorist attack".

The team bus was ambushed on both sides on Liberty roundabout as the third day of play in the Second Test was scheduled to begin. The match has now been cancelled. One group of gunmen fired a rocket-propelled grenade to create a diversion, the others then approached, firing guns and throwing hand grenades under the bus, which did not explode.

The driver of the team bus, Mehar Mohammed Khalil, said: "I was turning the bus towards the stadium near the main roundabout when I saw a rocket fired at us. It missed us and hit an electric pole after which all hell broke loose."

Each side of the bus, parked at Qadafi stadium, was pocked with four to five bullet holes. The windscreen was dented, but not pierced, by two bullets on the driver's side.

Mr Khalil's quick reactions may have saved lives, as he steered the bus away and dashed across the final 500 metres to the stadium.

Up to 12 gunmen armed with automatic weapons, and wearing small backpacks and shoulder bags filled with ammunition, were seen operating in pairs, reminiscent of the style used in the recent terrorist attacks on Mumbai. The gunmen were filmed moving among trees on the well-tended grass verges near the area's main road. They fired as they ran, taking cover among bushes and trees.

Abdul Ghani Butt, who runs a shoe shop on the corner of Liberty Chowk (roundabout), said: "I was inside my shop when the attack took place. I rushed outside when I heard the shots. I saw three people on the roundabout firing at the team bus. They were wearing trousers and shirt. I saw the face of one of them - he was a boy of about 20 years old."

The attackers fled into the nearby Liberty market area of Lahore.Liberty market is near the stadium in Lahore's well-heeled commercial district in Gulberg, a residential area full of restaurants and shopping malls.

Lahore's inspector general of police, Raja Khalid Farooq, said: "We have not started working on who is responsible for the attack but we will soon find out. Security was not inadequate and whatever happened could not have been stopped."

Analysts said they believed the group that carried out the attack was linked to the Mumbai attacks. Several of the suspected Mumbai terrorists came from Punjab, where they received training from Punjab-based jihadi terrorists groups. The attack took place in the Punjab, which has been the scene of bitter political tension in the past week after the Supreme Court barred Nawaz Sharif, a former prime minister, and his brother, Shahbaz Sharif, the provincial governor, from holding office. The federal government of Asif Ali Zardari then imposed its own rule in the province in the latest move in a power struggle between the ruling Pakistan People's Party and Mr Sharif's Pakistan Muslim League.

Critics have said the political struggle has deflected attention away from Pakistan's campaign against terrorists. Pakistan's all-powerful army is growing increasingly impatient with civilian politicians to govern the country. Elections last year ushered in a civilian government that soon afterwards forced the former president, Pervez Musharraf, to step down after eight years of military rule. The civilian politicians have been bogged down in a power struggle, while the army has had limited success in fighting militants in the lawless tribal area and has been forced into striking a peace deal with militants in the troubled northern valley of Swat.

Ahmed Rashid, a leading expert on the Taliban, said: "This is a major attempt to undermine the state. The extremists are on the offensive. It is one more indicator that the Swat deal is a disaster. They are uncontainable." iwilkinson@thenational.ae

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  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
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The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

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December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

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August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

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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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