It’s a typical morning in the bustling west London suburb of Chiswick as smartly dressed men and women carrying coffee cups and briefcases head to work in plush offices along a drive lined with pine trees.
But the heavy presence of armed police and armoured vehicles is enough to arouse suspicion that something is off.
The broadcast studio of Iran International is heavily guarded by the Metropolitan Police after two senior journalists received chilling death threats from the Islamic Revolutionary Guard Corps, while their colleagues were also sent warnings.
Officers toting guns stand near the entrance to the Persian-language TV channel’s office while Multi-Role Armoured Vehicles (M-RAVs) are parked at the entrance to the business park.
‘It’s like working in a warzone’
The National visited Iran International to speak with Aliasghar Ramezanpour, executive editor of the channel.
Inside the newsroom, there is a sense of normality as journalists dutifully type on computers and members of the sports desk keep an eye on the World Cup on a TV screen.
But underneath it all there is shock and sadness not only over the threats but due to Tehran’s violent crackdowns on protesters.
“Most of the people here are feeling that they are working in a kind of war zone,” Mr Ramezanpour said.
“Their first task is sticking to freedom of speech and maintaining the guideline that we have for accurate and balanced stories about what's happening in Iran.
“We used to see some threats from Iran's government in last few years in their media, in social media, but having threats here in London was a kind of surprise and shocking.
“And the worst thing is that this kind of threat is not just a personal thing. It has a reflection on everyone in the family and others.”
‘People are too scared to come to work'
Hamad Deen who works at a pop-up kebab stall opposite the business park said business has been badly affected by the major anti-terror operation which has unfolded in the area.
“The number of customers we have has fallen by half,” he said as he watched a colleague scrape Doner kebab meat off a vertical rotisserie. “When the police arrived last week we didn’t know what was happening. We asked a man we were serving and he told us there are a lot of people in his office who won’t come in. They are terrified.
“Another man working in the same building as Iran International said his office is empty.
“We are not scared, not yet. We don’t think we will have to close but we don’t know how long this will continue.”
It takes a lot to faze Mr Ramezanpour, a veteran journalist who studied at the University of Tehran, worked for several Iranian news outlets and served as deputy minister of culture in the early 2000s during a period of high hopes for reform. He left his homeland due to censorship, which he said made it impossible to work as a journalist.
After arriving in the UK in 2007, he helped set up BBC Persian in 2009 before co-founding Iran International in 2017.
Around 100 journalists work in the London newsroom where stories and programmes offer viewers in Iran and abroad an uncensored take on domestic and international affairs.
While Mr Ramezanpour feels at home in his adopted city and sees himself as a Londoner, the reality facing the media executive is anything but average.
Earlier this year, his relatives in Iran were summoned to a meeting by security services linked to the Revolutionary Guard. They were shown photographs of the journalist going about his daily business in London and told that his movements were being observed.
“That was quite shocking actually when I knew that they had that kind of picture,” he admitted. “They told them ’London is sometimes a dark city, it is not always safe.’”
Since the death of Mahsa Amini, arrested by Iran’s morality police for not wearing a hijab properly, the channel has taken on a new meaning. The channel has carried rolling coverage of mass anti-government protests, and in the process drawn down the wrath of Tehran.
Police have visited Mr Ramezanpour four times in six months to relay the threats made against him and his colleagues. Officers made clear they were aware of “significant and imminent” threats to the lives of two senior journalists. Other members of staff have received threats on social media.
This, he said, came as a “big shock” to everyone.
“These kind of threats are not just about one or two people, they go to many people, their families,” he said.
“And right now, even our journalists here, because of concerns that they have about the security of their family, they don’t call them in Iran. They don’t feel comfortable to talk when they think that someone in Iran is listening to what they're saying and maybe they go after their family.
“In some cases they have arrested the families of our journalists.
“They are under psychological and mental pressure.
“Some of our presenters have been have received threats but they are on air, they are working as usual.
“The police came to my home and they told me that they had received some information. Obviously they said that they can't talk about the details, but they told me that it's kind of considerable threat.”
The Met has offered him “some protection”, which he has graciously accepted, but he admitted it is “not enough” to make him feel fully secure.
“You never know what’s happening,” he said.
'Iran has reached a turning point'
With 35 years’ of experience in the media under his belt, Mr Ramezanpour believes the situation in his native country has reached a point of no return.
Since the death of Ms Amini in September, huge protests have swept across the secluded country as Iranians demand an end to the hardline interpretation of Sharia under Supreme Leader Ayatollah Ali Khamenei.
He believes Iran International’s coverage of the events and foreign leaders’ condemnation of the heavy-handed crackdowns have whipped up fury in Tehran that has led to the threats against journalist.
“I see it as a kind of turning point in Iran’s development and as a kind of turning point in our way of covering Iran,” he said. “We changed the way of our coverage. Maybe that’s one of the reasons why the government is so angry with us. We have constant rolling news bulletins about Iran.”
He estimates up to 50 million in Iran watch the channel. Many viewers see it “as a kind of window to what’s happening in Iran and what’s happening outside Iran”, he said.
Earlier this month, Iran International announced it was "shocked and deeply concerned by the credible threats to life its journalists have received from the IRGC".
James Cleverly, the UK's foreign secretary, summoned Iran's most senior diplomat in the UK.
Iran dismissed accusations it had directed threats towards journalists in Britain as ridiculous.
“The UK will always stand up to threats from foreign nations," Mr Cleverly said. "We do not tolerate threats to life and intimidation of any kind towards journalists, or any individual, living in the UK.
“The Iranian regime has responded to widespread internal protests with the suppression of freedom of expression and the targeting of media outlets operating in Iran. More than 40 journalists have been arrested and detained.”
In a statement, the Met said the security operation was "in response to potential threats projected from Iran against a number of UK-based individuals."
The force said the presence of armoured vehicles outside the offices of Iran International "is a precautionary measure" and the public is asked "to be alert but not alarmed".
Iran protests in wake of Mahsa Amini's death - in pictures
The%C2%A0specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%204-cylinder%202-litre%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20automatic%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E252%20brake%20horsepower%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E352Nm%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh146%2C700%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
COMPANY%20PROFILE%20
%3Cp%3EName%3A%20DarDoc%3Cbr%3EBased%3A%20Abu%20Dhabi%3Cbr%3EFounders%3A%20Samer%20Masri%2C%20Keswin%20Suresh%3Cbr%3ESector%3A%20HealthTech%3Cbr%3ETotal%20funding%3A%20%24800%2C000%3Cbr%3EInvestors%3A%20Flat6Labs%2C%20angel%20investors%20%2B%20Incubated%20by%20Hub71%2C%20Abu%20Dhabi's%20Department%20of%20Health%3Cbr%3ENumber%20of%20employees%3A%2010%3C%2Fp%3E%0A
Five famous companies founded by teens
There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:
- Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate.
- Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc.
- Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway.
- Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
- Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Cargoz%3Cbr%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%20January%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Premlal%20Pullisserry%20and%20Lijo%20Antony%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2030%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A
ROUTE%20TO%20TITLE
%3Cp%3E%3Cstrong%3ERound%201%3A%3C%2Fstrong%3E%20Beat%20Leolia%20Jeanjean%206-1%2C%206-2%3Cbr%3E%3Cstrong%3ERound%202%3A%20%3C%2Fstrong%3EBeat%20Naomi%20Osaka%207-6%2C%201-6%2C%207-5%3Cbr%3E%3Cstrong%3ERound%203%3A%20%3C%2Fstrong%3EBeat%20Marie%20Bouzkova%206-4%2C%206-2%3Cbr%3E%3Cstrong%3ERound%204%3A%3C%2Fstrong%3E%20Beat%20Anastasia%20Potapova%206-0%2C%206-0%3Cbr%3E%3Cstrong%3EQuarter-final%3A%20%3C%2Fstrong%3EBeat%20Marketa%20Vondrousova%206-0%2C%206-2%3Cbr%3E%3Cstrong%3ESemi-final%3A%20%3C%2Fstrong%3EBeat%20Coco%20Gauff%206-2%2C%206-4%3Cbr%3E%3Cstrong%3EFinal%3A%3C%2Fstrong%3E%20Beat%20Jasmine%20Paolini%206-2%2C%206-2%3C%2Fp%3E%0A
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Company profile
Company name: Dharma
Date started: 2018
Founders: Charaf El Mansouri, Nisma Benani, Leah Howe
Based: Abu Dhabi
Sector: TravelTech
Funding stage: Pre-series A
Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs
MORE ON TURKEY'S SYRIA OFFENCE
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
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
Schedule:
Sept 15: Bangladesh v Sri Lanka (Dubai)
Sept 16: Pakistan v Qualifier (Dubai)
Sept 17: Sri Lanka v Afghanistan (Abu Dhabi)
Sept 18: India v Qualifier (Dubai)
Sept 19: India v Pakistan (Dubai)
Sept 20: Bangladesh v Afghanistan (Abu Dhabi) Super Four
Sept 21: Group A Winner v Group B Runner-up (Dubai)
Sept 21: Group B Winner v Group A Runner-up (Abu Dhabi)
Sept 23: Group A Winner v Group A Runner-up (Dubai)
Sept 23: Group B Winner v Group B Runner-up (Abu Dhabi)
Sept 25: Group A Winner v Group B Winner (Dubai)
Sept 26: Group A Runner-up v Group B Runner-up (Abu Dhabi)
Sept 28: Final (Dubai)
Company Profile
Name: JustClean
Based: Kuwait with offices in other GCC countries
Launch year: 2016
Number of employees: 130
Sector: online laundry service
Funding: $12.9m from Kuwait-based Faith Capital Holding
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.”
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EWafeq%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJanuary%202019%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENadim%20Alameddine%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%2C%20UAE%3Cstrong%3E%3Cbr%3EIndustry%3A%20%3C%2Fstrong%3Esoftware%20as%20a%20service%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%20%3C%2Fstrong%3E%243%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ERaed%20Ventures%20and%20Wamda%2C%20among%20others%3C%2Fp%3E%0A