One of the US military's top Africa Command (Africom) officials, Andrew Young, arrived in Sudan on Tuesday on a two-day visit.
Sudan is undergoing a transition towards democracy and a full revamp of its relations with Washington.
A Pentagon official confirmed to The National that Mr Young, deputy to the commander for civil-military engagement at Africom, will be meeting high-level officials in Khartoum on Tuesday and Wednesday. Sudan News Agency was the first to report on the visit.
Accompanying Mr Young on the trip is Africom Director for Intelligence and Navy Rear Admiral Heidi Berg.
Mr Young called the visit “a new beginning and the start of a renewed relationship" between the US and Sudan.
"We want to deepen and broaden our relationship and pursue shared objectives," Mr Young told The National. "We want to build trust, build partnerships and get after solutions to problems together."
Africom's director of public affairs Col Christopher Karns said the US military delegation in their meetings with government and military counterparts, was hoping to foster deeper partnership with Khartoum. "Ambassador Young and Rear Admiral Berg are here to foster co-operative engagement and expand partnership development."
"The international community recognises the value of a credible, professional military and African nations see the value of US Africa Command training, military expertise, and partnership," Col Karns told The National.
He stressed the increasingly competitive geopolitical landscape and the presence of violent extremist organisations in Africa, and other security issues that affect the US as challenges that require partnership.
Mr Young is a career diplomat with more than 30 years of experience. He served as US Ambassador to Burkina Faso where he worked on civil-military co-operation.
Mr Young’s trip has been in the works for months.
It will be the first visit by a US senior official with the military since Sudan was removed last month from the state sponsors of terrorism list after 27 years.
He is expected to meet Gen Abdel Fattah Al Burhan, Sudan's head of state, and the country’s prime minister Abdalla Hamdok.
The visit is expected to focus on boosting Sudan’s security and defence capabilities and counterterrorism co-operation between the two countries.
Cameron Hudson, a senior fellow at the Atlantic Council and former chief of staff for the US special envoy to Sudan, saw the significance of the visit in its potential to establish grounds for a relationship between Africom and Khartoum.
"Any interaction between Africom and Sudan is significant given the lack of any real relationship since Africom's founding more than a decade ago," Mr Hudson told The National.
Sudan's relations with the US were marred by hostility and sanctions until Omar Al Bashir's removal from power in April 2019.
In 1993, the US added Sudan to the state sponsors of terrorism list, then imposed a trade embargo and crippling sanctions to punish Khartoum for its ties to extremist organisations and Iran, as well as for its role in the genocide in Darfur.
Following Al Bashir's downfall, the Trump administration took major strides towards normalising relations, granting Khartoum partial immunity from further lawsuits after a payout of $335 million for US victims of Al Qaeda attacks that the Al Bashir regime supported.
Sudan also agreed to normalise relations with Israel last year, adding impetus to its improved bilateral ties with Washington.
This visit is about testing the relationship and paving the way for deepening ties. “Other options under consideration include having a US naval vessel visit Sudan or having Gen Al Burhan visit Africom headquarters in Stuttgart,” Mr Hudson said.
In December, Sudan signed a port agreement with Russia for a major military base.
Mr Hudson said the "US should be both embarrassed and anxious to establish its own strategic linkages to Sudan" after Russia's naval expansion.
The visit, albeit planned before Joe Biden took over from Donald Trump last week, is a test for the new US administration, said Alberto Fernandez, the vice president of Memri (Middle East Media Research Institute) and a former chargé d'affaires of the US embassy in Khartoum.
"It is a good development in principle, [to see] engagement with the Sudanese government and military on the ground early on in the new American administration, thus showing a willingness to connect on the sensitive Sudanese civilian-military file," Mr Fernandez told The National.
“But it is so early that it may have been in the works even before Mr Biden was inaugurated and the new administration just gave it a green light.”
The larger question, the former US official said, was how the Biden administration would deal with Sudan. "There is a very fragile opportunity, a real chance to get things right with a successful Sudanese transition process over the next two years," he said. "But the situation can also go very wrong if it doesn't receive the right attention [from Washington]."
During the Obama-Biden administration, the US pursued a quiet engagement with Sudan. More recently, senior Biden officials such as secretary of state nominee Tony Blinken and National Security Adviser Jake Sullivan have pledged to work on improving relations following the Abraham Accord.
US ties with Sudan were mentioned in a call between Mr Sullivan and Israeli National Security Adviser Meir Ben Shabbat last week. “They discussed opportunities to enhance the partnership over the coming months, including by building on the success of Israel’s normalisation arrangements with UAE, Bahrain, Sudan and Morocco,” the White House said.
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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Results
5.30pm: Maiden (TB) Dh82,500 (Turf) 1,400m; Winner: Mcmanaman, Sam Hitchcock (jockey), Doug Watson (trainer)
6.05pm: Handicap (TB) Dh87,500 (T) 1,400m; Winner: Bawaasil, Sam Hitchcott, Doug Watson
6.40pm: Handicap (TB) Dh105,000 (Dirt) 1,400m; Winner: Bochart, Fabrice Veron, Satish Seemar
7.15pm: Handicap (TB) Dh105,000 (T) 1,200m; Winner: Mutaraffa, Antonio Fresu, Musabah Al Muhairi
7.50pm: Longines Stakes – Conditions (TB) Dh120,00 (D) 1,900m; Winner: Rare Ninja, Royston Ffrench, Salem bin Ghadayer
8.25pm: Zabeel Trophy – Rated Conditions (TB) Dh120,000 (T) 1,600m; Winner: Alfareeq, Antonio Fresu, Musabah Al Muhairi
9pm: Handicap (TB) Dh105,000 (T) 2,410m; Winner: Good Tidings, Antonio Fresu, Musabah Al Muhairi
9.35pm: Handicap (TB) Dh92,500 (T) 2,000m; Winner: Zorion, Abdul Aziz Al Balushi, Helal Al Alawi
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Cartlow: $13.4m
Rabbitmart: $14m
Smileneo: $5.8m
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imVentures: $100m
Plug and Play: $25m
The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Profile
Company: Justmop.com
Date started: December 2015
Founders: Kerem Kuyucu and Cagatay Ozcan
Sector: Technology and home services
Based: Jumeirah Lake Towers, Dubai
Size: 55 employees and 100,000 cleaning requests a month
Funding: The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups.
COMPANY%20PROFILE
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
FA CUP FINAL
Manchester City 6
(D Silva 26', Sterling 38', 81', 87', De Bruyne 61', Jesus 68')
Watford 0
Man of the match: Bernardo Silva (Manchester City)
PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
The specs
Engine: 2.5-litre, turbocharged 5-cylinder
Transmission: seven-speed auto
Power: 400hp
Torque: 500Nm
Price: Dh300,000 (estimate)
On sale: 2022
Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.