The future of Northern Ireland will be built on quicksand unless politicians are willing to compromise to end the deadlock over the Protocol, the former Irish leader Bertie Ahern has said.
Speaking ahead of the 25th anniversary of the Good Friday Agreement, the former Taoiseach (Irish prime minister) and Fianna Fail leader suggested political parties in Northern Ireland should look to history for inspiration for solutions.
Along with Tony Blair, Mr Ahern co-signed the landmark peace accord on April 10, 1998, bringing an end to decades of violence in Northern Ireland known as The Troubles.
Giving evidence to members of the Northern Ireland Affairs Committee in the UK Parliament on Monday, Mr Ahern recalled that at the time of the deal, both nationalist and unionist politicians were “prepared to work incredibly hard to try and see if we could get compromise”.
He suggested that a similar dose of pragmatism is needed by political parties in Northern Ireland to solve the crisis.
The Democratic Unionist Party is blocking the functioning of power-sharing at Stormont and has made clear it will not allow devolution to return unless major changes to the protocol are delivered.
The Protocol is a key part of the Brexit withdrawal agreement struck by the UK and the EU in 2019. Designed as a means to keep the Irish land border free-flowing, it moved regulatory and customs checks on goods to the Irish Sea, creating economic barriers on trade between Britain and Northern Ireland.
Many unionists in Northern Ireland are staunchly opposed to arrangements they argue have undermined the region’s place in the UK.
During the session, Mr Ahern was questioned by DUP MP Jim Shannon who warned about the “fires of anger” among unionist communities in Northern Ireland, as they feel they are not being listened to.
Asked by The National if he was worried about a potential return to sectarian violence if the political crisis drags on, Mr Ahern said he was not.
“I don’t think that’s on the agenda,” he said. “I am hopeful we can find a compromise.”
Mr Ahern told the committee it would be “stupid” to ignore unionists’ concerns, but their demands “can’t be fully adhered to” in any agreement that will resolve the stalemate.
He said without compromise among Northern Irish politicians, “we’ll run into a position where for where for the longer term … we haven’t got a solution and we don’t have institutions [in Northern Ireland].
“There lies the problem.
“So, in the absence of compromise we’re building a future that will be on quicksand and that’s my concern.
“I am 100 per cent for compromise, 100 per cent for trying to accommodate the concerns of people, but I do not think that we can long-finger this — and I’m not talking about April, that’s not the issue — into the distant future.
“That would be a grave mistake.”
Mr Ahern said if Brussels and London grasp that “there is as a UK internal market that must live beside a single market and that there’s unique differences,” then a solution would be possible.
“I do not believe that’s impossible but it does require some compromise.”
While Mr Ahern said he was not interested in giving a commentary on “the rights and wrongs of Brexit” he stressed that politicians in Northern Ireland had found themselves caught between two narratives they have no control over — one from London and the other from Brussels.
He said the consequences of the UK’s decision to leave the EU had created “a huge problem for six solid years” and had been “very testing” for political parties in Northern Ireland.
“The difficulty for the parties in Northern Ireland today is they don’t control that position. They don’t control the British government policy on it and they don’t control the European Union policy on it. And that makes life difficult. Of course, they all have views on it but ultimately they can’t settle that issue.”
He hailed the late Lord Trimble, former first minister of Northern Ireland, who was a crucial unionist architect of the Good Friday Agreement, for making “incredibly brave decisions”.
“If you ask me today, I think the same political leaders of a new generation are around but what has created so much [of a] problem for them are things outside of their own control,” he said.
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Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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
The%20specs
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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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Completed an electrical diploma at the Adnoc Technical Institute
Works as a public relations officer with Adnoc
Apart from the piano, he plays the accordion, oud and guitar
His favourite composer is Johann Sebastian Bach
Also enjoys listening to Mozart
Likes all genres of music including Arabic music and jazz
Enjoys rock groups Scorpions and Metallica
Other musicians he likes are Syrian-American pianist Malek Jandali and Lebanese oud player Rabih Abou Khalil
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Past winners of the Abu Dhabi Grand Prix
2016 Lewis Hamilton (Mercedes-GP)
2015 Nico Rosberg (Mercedes-GP)
2014 Lewis Hamilton (Mercedes-GP)
2013 Sebastian Vettel (Red Bull Racing)
2012 Kimi Raikkonen (Lotus)
2011 Lewis Hamilton (McLaren)
2010 Sebastian Vettel (Red Bull Racing)
2009 Sebastian Vettel (Red Bull Racing)
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office