• Ukraine's President Volodymyr Zelensky holds a bullet as he addresses the 74th session of the United Nations General Assembly. AP Photo
    Ukraine's President Volodymyr Zelensky holds a bullet as he addresses the 74th session of the United Nations General Assembly. AP Photo
  • Turkish President Recep Tayyip Erdogan, holds a map showing the evolution of Israel and Palestinian state from 1947 as he addresses the general debate of the 74th session of the General Assembly of the United Nation . EPA
    Turkish President Recep Tayyip Erdogan, holds a map showing the evolution of Israel and Palestinian state from 1947 as he addresses the general debate of the 74th session of the General Assembly of the United Nation . EPA
  • Turkey's President Recep Tayyip Erdogan holds up a map as he addresses the 74th session of the United Nations General Assembly. Reuters
    Turkey's President Recep Tayyip Erdogan holds up a map as he addresses the 74th session of the United Nations General Assembly. Reuters
  • Croatia's President Kolinda Grabar-Kitarovic holds up a photograph as she addresses the 74th session of the United Nations General Assembly. Reuters
    Croatia's President Kolinda Grabar-Kitarovic holds up a photograph as she addresses the 74th session of the United Nations General Assembly. Reuters
  • A delegate from Venezuela holds up a book referring to Simon Bolivar, a Venezuelan military and political leader, titled "Bolivar, Heroe, Genio y Pensamiento Universal" (Bolivar, hero, genius and universal thinker), during US President Donald Trump's address at the 74th Session of the United Nations General Assembly. AFP
    A delegate from Venezuela holds up a book referring to Simon Bolivar, a Venezuelan military and political leader, titled "Bolivar, Heroe, Genio y Pensamiento Universal" (Bolivar, hero, genius and universal thinker), during US President Donald Trump's address at the 74th Session of the United Nations General Assembly. AFP
  • President of Brazil Jair Messias Bolsonaro addresses the United Nations General Assembly . AFP
    President of Brazil Jair Messias Bolsonaro addresses the United Nations General Assembly . AFP
  • Jair Bolsonaro, President of Brazil waits to speak at the 74th session of the United Nations General Assembly September 24, 2019, in New York. AFP
    Jair Bolsonaro, President of Brazil waits to speak at the 74th session of the United Nations General Assembly September 24, 2019, in New York. AFP

Props and impassioned pleas: Erdogan and El Sisi address the UN


  • English
  • Arabic

Turkey’s president Recep Tayyip Erdogan used a series of photo props in an address to the UN General Assembly on Tuesday that challenged states to bring the Syrian conflict to an end and allow the displaced millions to return home.

Holding a map of Syria with a red line drawn across the top, Mr Erdogan demanded the establishment of a safe zone where two million Syrians could be resettled.

“We intend to establish a peace corridor with a depth of 30 kilometres and a length of 480 kilometres in Syria and enable the settlement of two million Syrians there with the support of the international community,” he said.

“With the US or the coalition forces, Russia and Iran, we can all together walk shoulder to shoulder, hand in hand - any refugees can be settled there.”

The Turkish leader declared his country was host to the biggest displaced population in the world and held up a photograph of the drowned infant Aylan Kurdi to provoke a reaction in the audience. The three year old died in September 2015 as his family joined Syrian refugees trying to reach Europe amid the refugee crisis

"This did not happen a long time ago but it has been forgotten already,” said Mr Erdogan. "Never forget it can happen to you.

"Turkey is the country hosting the largest number of displaced persons in the world," he said. "Syria has become a place that hurts the collective consign of humanity and a place of injustice.

"Half the population have been forced to live elsewhere."

Mr Erdogan was preceded at the podium by President Abdel Fattah El Sisi of Egypt who used his role as leader of the African Union (AU) to make an intervention on behalf of Sudan. In light of the installation of a new government and demise of the regime of Omar Al Bashir, Mr Al Sisi said Sudan should be removed from the UN terror lists, which would allow it to access international financial channels.

"I make a call to delete Sudan from the list of nations that are state sponsors of terrorism," he said. "Sudan should take the place it deserves among the international community.”

Extending the UN’s principles on sovereign states rights,  Mr El Sisi said his leadership of the AU would pursue new co-operation to tap Africa’s economic potential.

“Respecting the ownership of national solutions to national problems is an imperative of the international system,” he said. “As the current chair of the African Union we have worked on the principle of African solution to African problems.”

He said a new AU mechanism based in Cairo would promote post-conflict reconstruction in the continent’s hotspot.

The Egyptian leader warned of the effect of escalation in the Arabian Gulf and called on the member states to come together to reduce tensions this week.

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

How it works

A $10 hand-powered LED light and battery bank

Device is operated by hand cranking it at any time during the day or night 

The charge is stored inside a battery

The ratio is that for every minute you crank, it provides 10 minutes light on the brightest mode

A full hand wound charge is of 16.5minutes 

This gives 1.1 hours of light on high mode or 2.5 hours of light on low mode

When more light is needed, it can be recharged by winding again

The larger version costs between $18-20 and generates more than 15 hours of light with a 45-minute charge

No limit on how many times you can charge

 

ANATOMY%20OF%20A%20FALL
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EJustine%20Triet%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ESandra%20Huller%2C%20Swann%20Arlaud%2C%20Milo%20Machado-Graner%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A

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.”

How%20champions%20are%20made
%3Cp%3E%0D%3Cstrong%3EDiet%3C%2Fstrong%3E%20%0D%3Cbr%3E7am%20-%20Protein%20shake%20with%20oats%20and%20fruits%0D%3Cbr%3E10am%20-%205-6%20egg%20whites%0D%3Cbr%3E1pm%20-%20White%20rice%20or%20chapati%20(Indian%20bread)%20with%20chicken%0D%3Cbr%3E4pm%20-%20Dry%20fruits%20%0D%3Cbr%3E7.30pm%20-%20Pre%20workout%20meal%20%E2%80%93%20grilled%20fish%20or%20chicken%20with%20veggies%20and%20fruits%0D%3Cbr%3E8.30pm%20to%20midnight%20workout%0D%3Cbr%3E12.30am%20%E2%80%93%20Protein%20shake%20%0D%3Cbr%3E%3Cstrong%3ETotal%20intake%3A%3C%2Fstrong%3E%204000-4500%20calories%20%0D%3Cbr%3E%3Cstrong%3ESaidu%E2%80%99s%20weight%3A%3C%2Fstrong%3E%20110%20kg%0D%3Cbr%3E%3Cstrong%3EStats%3A%3C%2Fstrong%3E%20Biceps%2019%20inches.%20Forearms%2018%20inches%3C%2Fp%3E%0A
Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.