Queen Elizabeth II greets ambassador Khaled Al Duwaisan of Kuwait at a reception in London for members of the Diplomatic Corps at Buckingham Palace, in 2018. Getty Images
Queen Elizabeth II greets ambassador Khaled Al Duwaisan of Kuwait at a reception in London for members of the Diplomatic Corps at Buckingham Palace, in 2018. Getty Images
Queen Elizabeth II greets ambassador Khaled Al Duwaisan of Kuwait at a reception in London for members of the Diplomatic Corps at Buckingham Palace, in 2018. Getty Images
Queen Elizabeth II greets ambassador Khaled Al Duwaisan of Kuwait at a reception in London for members of the Diplomatic Corps at Buckingham Palace, in 2018. Getty Images

'She was wonderful': ex-Kuwaiti ambassador mourns Queen Elizabeth's death


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Veteran Kuwaiti diplomat Khaled Al Duwaisan has recalled his fondest memories with Queen Elizabeth II over three decades of formal friendship.

Mr Al Duwaisan, 75, the longest-serving ambassador to Britain, said he loved the queen for her energy, knowledge and sense of humour.

Speaking from his home in Kuwait on Friday, the recently retired Mr Al Duwaisan said he met the monarch on more than 150 occasions, with the final time being for her Platinum Jubilee in June.

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Reflecting on this encounter, he said: “I can’t believe that at this age, her mind, her body, her sense of humour – she was wonderful.“

While they didn't meet again, the following month Mr Al Duwaisan was appointed to the Order of St Michael and St George, an honour bestowed by the queen and reserved for those who “render extraordinary or important non-military service in a foreign country”.

And it wasn't the first time the queen had honoured the man who joined Kuwait’s Ministry of Foreign Affairs in 1970.

In 1995, she made him an Honorary Knight Grand Cross of the Royal Victorian Order. He became Dean of the Diplomatic Corps in 2003, a role which has seen him advise more than 750 newly-arrived heads of mission about diplomatic life in London.

Mr Al Duwaisan recalled their first meeting in 1993 when he was only months into the job as a London-based ambassador.

Due to royal protocol, his diplomats had to ensure they never turned their back to the queen, which involved them walking backwards while wearing a traditional men’s cloak, known as a Bisht.

“I had about seven diplomats with me, and all of them were wearing the robe – the big robe taller than them – because this is our system," Mr Al Duwaisan said.

“I was afraid that if they stepped backwards they would fall, and it would be embarrassing."

The ambassador said that after some discussion, he found a way for the men to manoeuvre safely around the queen.

“She liked it,” he said.

Mr Al Duwaisan was later invited for a dinner at Windsor Castle with his wife, where he sat beside the queen.

“I will never forget that she had a system in the past, to invite the ambassador to stay in Windsor Castle, so I went with my wife at 5pm at the reception and private dinner,” he said.

“I was on her right. So we talk about a lot of things, of course they told me not to talk about politics.

“We had a long conversation about her children, going to Kuwait – and the Kuwaitis who are coming to England.

“I said to her, that’s because the relation between our two countries is very close – very, very close.”

The queen showed Mr Al Duwaisan a large sword given to King George V by Sheikh Ahmed Al Jaber, whose son is now the Emir of Kuwait.

“I feel sad now to remember all this, but I say to myself, this is life, she lived a good life, she lived a long life," the diplomat said.

“Britain will not be the same as when she was in power.”

Mr Al Duwaisan said the queen’s death has been felt deeply in Kuwait, with many official buildings bearing the British flag to mark her passing. He said the monarch provided a sense of stability and fostered an important relationship between the UK and Kuwait during years of turmoil in the country, including through the Iraq invasion in 1990.

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The major Hashd factions linked to Iran:

Badr Organisation: Seen as the most militarily capable faction in the Hashd. Iraqi Shiite exiles opposed to Saddam Hussein set up the group in Tehran in the early 1980s as the Badr Corps under the supervision of the Iran Revolutionary Guards Corps (IRGC). The militia exalts Iran’s Supreme Leader Ali Khamenei but intermittently cooperated with the US military.

Saraya Al Salam (Peace Brigade): Comprised of former members of the officially defunct Mahdi Army, a militia that was commanded by Iraqi cleric Moqtada Al Sadr and fought US and Iraqi government and other forces between 2004 and 2008. As part of a political overhaul aimed as casting Mr Al Sadr as a more nationalist and less sectarian figure, the cleric formed Saraya Al Salam in 2014. The group’s relations with Iran has been volatile.

Kataeb Hezbollah: The group, which is fighting on behalf of the Bashar Al Assad government in Syria, traces its origins to attacks on US forces in Iraq in 2004 and adopts a tough stance against Washington, calling the United States “the enemy of humanity”.

Asaeb Ahl Al Haq: An offshoot of the Mahdi Army active in Syria. Asaeb Ahl Al Haq’s leader Qais al Khazali was a student of Mr Al Moqtada’s late father Mohammed Sadeq Al Sadr, a prominent Shiite cleric who was killed during Saddam Hussein’s rule.

Harakat Hezbollah Al Nujaba: Formed in 2013 to fight alongside Mr Al Assad’s loyalists in Syria before joining the Hashd. The group is seen as among the most ideological and sectarian-driven Hashd militias in Syria and is the major recruiter of foreign fighters to Syria.

Saraya Al Khorasani:  The ICRG formed Saraya Al Khorasani in the mid-1990s and the group is seen as the most ideologically attached to Iran among Tehran’s satellites in Iraq.

(Source: The Wilson Centre, the International Centre for the Study of Radicalisation)

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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.”

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  • 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
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Based: Dubai

Industry: Technology and talent management

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Investors: Self-funded

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