Libya’s polarised politics is perilously close to a return to the deeply divided and violent state that characterised its post-2014 civil war years as rival governments look to the UK for support while world leaders continue to push for elections.
Fathi Bashagha, the prime minister appointed in February by the House of Representatives in Benghazi, told UK parliamentarians this week that they should support him and that Britain would benefit from better security, trade and investment opportunities in Libya under his rule.
Speaking via videoconference from the war-ravaged coastal city of Sirte, Mr Bashagha told the foreign affairs committee chaired by Conservative leadership candidate Tom Tugendhat that Libya had become “lawless” under the control of militias supporting the United Nations-backed Prime Minister Abdel Hamid Dbeibah in Tripoli.
Mr Bashagha’s dialogue followed visits to the UK last month where he met some British ministers, including the education minister, Nadhim Zahawi, who is now UK chancellor but not Foreign Secretary Liz Truss.
The former interior minister has been trying to drum up support for his government to take over Tripoli.
Backed by the forces of military strongman Khalifa Haftar, Mr Bashagha has tried to seize power in the capital several times this year only to be pushed back by armed supporters of Mr Dbeibah. He has not been deterred however, saying this week that he was “days away” from entering the Libyan capital.
The UN, the UK and several EU states have urged Libya’s political leaders to resolve the question of authority through elections, which were scheduled for December but then cancelled amid controversy over some of the names on the ballot papers.
Not directly commenting on Mr Bashagha's comments to the MPs, Mr Dbeibah’s diplomat in London told The National the country going to the polls was the way “to get out of the current situation in Libya”.
“Everyone, including our British friends, knows that the solution lies in holding free and fair elections as soon as possible to renew the legitimacy of all bodies,” wrote Libya’s ambassador to the UK in an email.
Ambassador Salah Mrheel said the internationally recognised government of national unity “is calling for and working on” elections and urged the UK to “help and support” them achieve this.
However, critics say Mr Dbeibah’s administration has already failed to deliver its mandate. One of the reasons the December elections were called off was because of controversy over who would stand, including the interim prime minister who had backtracked on earlier promises not to put himself forward as a candidate.
Widespread corruption in the Tripoli administration is increasingly putting off Libyans and international leaders. Then again, Mr Bashagha’s affiliation to Gen Haftar, who lost the war he waged against the internationally recognised government and has been repeatedly accused of war crimes, is no more appealing.
Western powers may find themselves confronted with less of an obvious choice on who to support as violence and corruption re-emerge across the political divide.
The UK has largely chosen not to take sides between them and continues to “urge Libyan political leaders to engage constructively in negotiations” and “to unlock the executive impasse and agree on a pathway to elections”.
Nevertheless, the Russia-Ukraine war, food insecurity and the oil supply threat might yet change the direction and weight of support.
Britain’s ambassador to Libya in 2019, Frank Baker, previously endorsed Mr Bashagha on the basis that oil “alone should serve as a big incentive to improve the situation in Libya” which had become “significantly more important to the UK” since events in Ukraine.
Mr Bashagha’s speech to parliamentarians on Tuesday gave other reasons for the UK to “strengthen co-operation” between them, including investment, trade and stemming migration into Europe.
Balancing the power with Russia, whose involvement in Libya’s east has included the supply of weapons as well as members of the mercenary Wagner Group connected to them, is another motive.
Mr Bashagha said his government supported removing “foreign forces and mercenaries altogether” from Libya.
“We want foreigners to come to help with companies, reconstruction, and investment not forces,” Mr Bashagha told the foreign affairs committee.
“[We] want to work with the UK but we feel unwelcome. On the other hand, Russia accepted our government and wanted to meet with us,” Mr Bashagha told the foreign affairs committee.
“Even though its stability is not only important for Libyans but for all of North Africa and southern Europe ... the British government does not look interested in Libya at the moment.”
However, as a foreign affairs committee member noted at the end of Mr Bashagha’s presentation, the UK government is changing and any one of the current candidates may shift gears and alliances on Libya, or decide it is best to keep Britain standing safely on the sidelines.
PREMIER LEAGUE TABLE
1 Man City 26 20 3 3 63 17 63
2 Liverpool 25 17 6 2 64 20 57
3 Chelsea 25 14 8 3 49 18 50
4 Man Utd 26 13 7 6 44 34 46
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5 West Ham 26 12 6 8 45 34 42
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6 Arsenal 23 13 3 7 36 26 42
7 Wolves 24 12 4 8 23 18 40
8 Tottenham 23 12 4 8 31 31 39
What is 'Soft Power'?
Soft power was first mentioned in 1990 by former US Defence Secretary Joseph Nye.
He believed that there were alternative ways of cultivating support from other countries, instead of achieving goals using military strength.
Soft power is, at its root, the ability to convince other states to do what you want without force.
This is traditionally achieved by proving that you share morals and values.
Killing of Qassem Suleimani
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
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.
How to donate
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
Despacito's dominance in numbers
Released: 2017
Peak chart position: No.1 in more than 47 countries, including the United States, the United Kingdom, Australia and Lebanon
Views: 5.3 billion on YouTube
Sales: With 10 million downloads in the US, Despacito became the first Latin single to receive Diamond sales certification
Streams: 1.3 billion combined audio and video by the end of 2017, making it the biggest digital hit of the year.
Awards: 17, including Record of the Year at last year’s prestigious Latin Grammy Awards, as well as five Billboard Music Awards
WISH
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COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
Specs%20
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MATCH INFO
Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD
* Second leg in Australia scheduled for October 10
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Last 10 NBA champions
2017: Golden State bt Cleveland 4-1
2016: Cleveland bt Golden State 4-3
2015: Golden State bt Cleveland 4-2
2014: San Antonio bt Miami 4-1
2013: Miami bt San Antonio 4-3
2012: Miami bt Oklahoma City 4-1
2011: Dallas bt Miami 4-2
2010: Los Angeles Lakers bt Boston 4-3
2009: Los Angeles Lakers bt Orlando 4-1
2008: Boston bt Los Angeles Lakers 4-2
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
England Test squad
Ben Stokes (captain), Joe Root, James Anderson, Jonny Bairstow, Stuart Broad, Harry Brook, Zak Crawley, Ben Foakes, Jack Leach, Alex Lees, Craig Overton, Ollie Pope, Matthew Potts
'The%20Alchemist's%20Euphoria'
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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.”
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.