ERBIL // Simba the lion and Lula the bear, the ailing last two residents of Mosul zoo, were flown out of Iraq on Monday to receive emergency care from an animal welfare group.
A group of veterinarians from the Four Paws International charity took the animals out of war-battered Mosul and after many administrative delays finally managed to fly them out to Jordan from the Iraqi Kurdish capital of Erbil.
“We’re in the plane with the animals, we’re leaving now,” said Amir Khalil, a 52-year-old Egyptian-Austrian vet who headed the Four Paws mission.
The doctor found the pair covered in dirt and excrement in February, abandoned in their cages at the privately owned zoo in the eastern half of Mosul.
Iraqi forces launched a massive operation to retake the city, Iraq’s second largest, from ISIL in October and spent weeks battling the jihadists street by street before eventually retaking the east bank in January.
Members of the international animal welfare charity Four Paws treating Simba, a lion abandoned at Muntazah al-Nour zoo in Mosul. AFP
When Four Paws reached the zoo, nobody had entered the cages in weeks and no other animals apart from the female bear and the male lion had survived.
When Dr Khalil and his team came back to the region in late March, they had one goal which was to remove the animals temporarily from Iraq so they could receive proper veterinary care.
“I’m a vet - I have to look after these animals,” said Dr Khalil, a kind of “roving war zone veterinarian”.
“They are refugees. It’s our duty to take them to a sanctuary.”
It was supposed to be a formality, but it took Dr Khalil and his team two weeks to finally squeeze the right paperwork out of the administrative confusion that prevails in post-extremist Mosul.
In late March, Dr Khalil had put the two beasts to sleep, taken them out of their filthy cages on stretchers and loaded them aboard a truck using a crane, hoping to be on an aircraft in a matter of hours.
The thud of artillery fire across the river was a reminder that while eastern Mosul had been fully reconquered by the federal forces, the area was still a war zone.
As the animal welfare team cautiously extracted the animals from the abandoned zoo, Ahmed Manhel looked on.
“I wouldn’t mind receiving some care myself,” the 18-year-old had said, leaning on two wooden crutches.
He lost his right leg in an explosion in November.
“I need to leave this place, I need a prosthetic leg,” the young Iraqi said, moments before the truck carrying the animals departed for Erbil.
The truck was stopped at a checkpoint, however, and a second evacuation attempt the following day also failed.
The two animals remained on a dusty roadside for nine days before the necessary permits were secured.
The lion developed a respiratory problem as a result of the delay.
“This has probably been our most complicated mission,” said Yavor Gechev, from the Four Paws group which has done similar work in the Gaza Strip, in Egypt during the Arab Spring and in Libya.
Before the plane finally took off, Dr Khalil was relieved.
“This is the beginning of a new life for the animals,” he said. “From now on, they won’t have to be part of this war.”
* Agence France-Presse
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The specs: 2018 Nissan 370Z Nismo
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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.”
'Cheb%20Khaled'
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Euro 2020
Group A: Italy, Switzerland, Wales, Turkey
Group B: Belgium, Russia, Denmark, Finland
Group C: Netherlands, Ukraine, Austria,
Georgia/Kosovo/Belarus/North Macedonia
Group D: England, Croatia, Czech Republic,
Scotland/Israel/Norway/Serbia
Group E: Spain, Poland, Sweden,
N.Ireland/Bosnia/Slovakia/Ireland
Group F: Germany, France, Portugal,
Iceland/Romania/Bulgaria/Hungary
Omar Yabroudi's factfile
Born: October 20, 1989, Sharjah
Education: Bachelor of Science and Football, Liverpool John Moores University
2010: Accrington Stanley FC, internship
2010-2012: Crystal Palace, performance analyst with U-18 academy
2012-2015: Barnet FC, first-team performance analyst/head of recruitment
2015-2017: Nottingham Forest, head of recruitment
2018-present: Crystal Palace, player recruitment manager
Gulf Under 19s final
Dubai College A 50-12 Dubai College B
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
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