Paris prosecutor Francois Molins, left, and Belgium federal prosecutor Frederic Van Leeuw, right, during a press conference at the headquarters of the Federal Prosecutor in Brussels on March 21, 2016 days after the arrest of Salah Abdeslam and Amine Choukri who were suspects in the November 13th Paris terrorist attacks. Laurent Dubrule/EPA
Paris prosecutor Francois Molins, left, and Belgium federal prosecutor Frederic Van Leeuw, right, during a press conference at the headquarters of the Federal Prosecutor in Brussels on March 21, 2016 days after the arrest of Salah Abdeslam and Amine Choukri who were suspects in the November 13th Paris terrorist attacks. Laurent Dubrule/EPA
Paris prosecutor Francois Molins, left, and Belgium federal prosecutor Frederic Van Leeuw, right, during a press conference at the headquarters of the Federal Prosecutor in Brussels on March 21, 2016 days after the arrest of Salah Abdeslam and Amine Choukri who were suspects in the November 13th Paris terrorist attacks. Laurent Dubrule/EPA
Paris prosecutor Francois Molins, left, and Belgium federal prosecutor Frederic Van Leeuw, right, during a press conference at the headquarters of the Federal Prosecutor in Brussels on March 21, 2016

Paris attacks ‘accomplice’ identified as France, Belgium discuss probe


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Brussels // The real identity of an accomplice in the Paris attacks has been discovered, Belgium prosecutors said on Monday as they met their French counterparts to discuss the probe into November’s carnage.

The accomplice was named as Najim Laachraoui, 24 -- previously known by the false name Soufiane Kayal which he used to travel to Hungary in September with the key suspect Saleh Abdeslam.

Abdeslam was arrested in a raid on Friday, four months after the Paris attacks which killed 130 people.

Laachraoui, who also travelled to Syria in February 2013, is still on the run.

French president Francois Hollande, who wants Abdeslam extradited as quickly as possible, was due to hold his first formal meeting with relatives of the victims on Monday afternoon.

“The president, in light of recent events, will update them on what is happening,” the presidential palace said.

Investigators hope Abdeslam’s arrest in Brussels on Friday, in which he was wounded in the leg, will give new leads on the attacks claimed by ISIL.

Abdeslam, the last known survivor of the group that carried out the attacks, was found near his family home in the gritty Brussels neighbourhood of Molenbeek, where several other of the attackers hailed from.

Belgium has faced heavy criticism for failing to keep tabs on extremists there.

The investigation is now widening, and Mr Hollande has said that the network involved in the Paris attacks was much bigger than previously thought.

Investigators are still “far from solving the puzzle” of the Paris attacks, Belgium’s federal prosecutor Frederic Van Leeuw said on Monday after talks with his French counterpart Francois Molins.

“We have a not a bad amount of pieces of the puzzle and in the last few days several pieces have found their place. But I am still, and we are still, far from solving the puzzle,” Frederic Van Leeuw said.

Mr Molins said at the weekend that Abdeslam played a “central role” in the attacks and originally planned to “blow himself up” at the Stade de France stadium but changed his mind.

“These first statements, which should be taken cautiously, leave a whole series of issues that Salah Abdeslam must explain,” he added.

Belgian foreign minister Didier Reynders said on Sunday that Abdeslam – who has been charged with “terrorist murder” and belonging to a terrorist group – had already told investigators he was planning some sort of new attack in Brussels.

“That may be the reality because we have found a lot of weapons, heavy weapons, in the first investigations and we have found a new network around him in Brussels,” Mr Reynders said.

But Abdeslam’s lawyer Sven Mary said his client would fight extradition to France and has vowed to take legal action against the French prosecutor for his comments.

He also criticised what he called political meddling by the Belgian foreign minister.

"They don't learn, these politicians, and realise that there's a separation of powers. This chatter has to stop. The investigators and prosecutors – and I don't often say this – have done an excellent job," Sven Mary was quoted as saying in the De Morgen daily.

“If the politicians want to nullify all of this and violate the tenuous bond of trust that exists between my client and investigators, they just have to continue along this path,” he said.

Two more suspects are wanted over the Paris attacks: Mohamed Abrini, who became friends with Abdeslam when they were teenagers, and Laachraoui.

Prosecutors said Laachraoui’s DNA had been found at an apartment used by the Paris attackers that he rented under a false name in Auvelais, near the central Belgian city of Namur, and at another suspected hideout in Schaarbeek, a district of Brussels.

He used the same false name at the border between Austria and Hungary on September 9 when he was travelling with Abdeslam and Mohamed Belkaid.

Belkaid, a 35-year-old Algerian, was shot dead on Tuesday in a police raid in the Forest district of Brussels.

* Agence France-Presse

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4-cyl

Power: 153hp at 6,000rpm

Torque: 200Nm at 4,000rpm

Transmission: 6-speed auto

Price: Dh99,000

On sale: now

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

IF YOU GO
 
The flights: FlyDubai offers direct flights to Catania Airport from Dubai International Terminal 2 daily with return fares starting from Dh1,895.
 
The details: Access to the 2,900-metre elevation point at Mount Etna by cable car and 4x4 transport vehicle cost around €57.50 (Dh248) per adult. Entry into Teatro Greco costs €10 (Dh43). For more go to www.visitsicily.info

 Where to stay: Hilton Giardini Naxos offers beachfront access and accessible to Taormina and Mount Etna. Rooms start from around €130 (Dh561) per night, including taxes.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

THREE
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The Sky Is Pink

Director: Shonali Bose

Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf

Three stars

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.”

Results

5pm: Maiden (PA) Dh80,000 (Turf) 1,000mm, Winners: Mumayaza, Fabrice Veron (jockey), Eric Lemartinel (trainer)

5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m, Winners: Sharkh, Pat Cosgrave, Helal Al Alawi

6pm: The President’s Cup Prep - Conditions (PA) Dh100,000 (T) 2,200m, Winner: Somoud, Richard Mullen, Jean de Roualle

6.30pm: Handicap (PA) Dh90,000 (T) 1,600m, Winner: Harrab, Ryan Curatolo, Jean de Roualle

7pm: Abu Dhabi Equestrian Gold Cup - Prestige (PA) Dh125,000 (T) 1,600m, Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi

7.30pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m, Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel

8pm: Maiden (TB) Dh80,000 (T) 1,400m, Winner: Nibras Passion, Bernardo Pinheiro, Ismail Mohammed

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COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

The specs
Engine: 3.0-litre twin-turbo flat-six

Power: 480hp at 6,500rpm

Torque: 570Nm from 2,300-5,000rpm

Transmission: 8-speed dual-clutch auto

Fuel consumption: 10.4L/100km

Price: from Dh547,600

On sale: now 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat