Activists hold placards reading 'Woman, Life, Freedom' with portraits of those killed in Iran during a demonstration to mark International Women's Day in London. AP
Activists hold placards reading 'Woman, Life, Freedom' with portraits of those killed in Iran during a demonstration to mark International Women's Day in London. AP
Activists hold placards reading 'Woman, Life, Freedom' with portraits of those killed in Iran during a demonstration to mark International Women's Day in London. AP
Activists hold placards reading 'Woman, Life, Freedom' with portraits of those killed in Iran during a demonstration to mark International Women's Day in London. AP

International Women's Day brings global support for Iranian protests


Marwa Hassan
  • English
  • Arabic

Women around the world are marching to mark International Women's Day, with many showing support for Iranians who took to the streets following the death of Mahsa Amini last September.

Dozens of British-Iranian women marched through the centre of London wearing red cloaks and white bonnets, similar to those worn by female characters in Margaret Atwood's dystopian novel, The Handmaid's Tale.

The protesters, organised by the group Stage of Freedom, walked from the Palace of Westminster to the Iranian embassy in Kensington, holding posters showing female protesters who have been killed, maimed or imprisoned by the regime over the past several months.

The protests in Iran were sparked by the death of 22-year-old Ms Amini in morality police custody. She had been arrested for an alleged breach of the country's strict dress code for women.

The Handmaid's Tale costumes worn by the protesters in the UK highlighted Iran's hijab laws and other restrictions on women. Organisers hoped that the protest would keep Iran's human rights crisis in the headlines while also lending moral support to Iranian women.

  • Campaigners hold posters of women killed in Iran as they mark International Women's Day in central London. PA
    Campaigners hold posters of women killed in Iran as they mark International Women's Day in central London. PA
  • The protesters march through London. AP
    The protesters march through London. AP
  • Crowds gather in solidarity with anti-government protests in Iran. AP
    Crowds gather in solidarity with anti-government protests in Iran. AP
  • A demonstrator lays red roses at the Monument of the Women of World War II. AFP
    A demonstrator lays red roses at the Monument of the Women of World War II. AFP
  • Protests have been mounting globally since Iranian Mahsa Amini died in police custody in Tehran in September. AFP
    Protests have been mounting globally since Iranian Mahsa Amini died in police custody in Tehran in September. AFP
  • A placard saying 'Against all fascism - Women, life, freedom' outside the Iranian embassy on International Women's Day in Brussels. EPA
    A placard saying 'Against all fascism - Women, life, freedom' outside the Iranian embassy on International Women's Day in Brussels. EPA

In Brussels, a group of protesters gathered outside the Iranian embassy to show their support for women, as well as to voice their opposition to all forms of fascism. The rally aimed to draw attention to women's rights and issues such as violence against women.

Protesters waved banners and chanted slogans, with one placard reading: “Against all fascisms. Women, life, freedom.”

The protest was peaceful, with no reports of violence or disturbances, and was a poignant reminder of the ongoing struggle for equality and justice for women and marginalised communities worldwide.

Iranian authorities have responded to the women-led protest movement with a brutal clampdown. Security forces have killed more than 520 people, including dozens of children, and detained more than 19,000 since the protests began, activists say.

Despite the brutality of Iran's clerical rulers, the protesters remain optimistic that they will prevail.

On the eve of International Women's Day, the EU imposed sanctions on individuals and entities deemed to be responsible for violence and rights abuses against women worldwide.

The Taliban's higher education minister Neda Mohammad Nadeem was sanctioned for barring women from attending university. The sanctions also hit officials in Iran, Russia, South Sudan, Myanmar and Syria.

Global progress on women's rights is “vanishing before our eyes”, UN Secretary General Antonio Guterres warned on Monday, saying gender equality would take another three centuries to achieve.

Rajasthan Royals 153-5 (17.5 ov)
Delhi Daredevils 60-4 (6 ov)

Rajasthan won by 10 runs (D/L method)

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Champions parade (UAE timings)

7pm Gates open

8pm Deansgate stage showing starts

9pm Parade starts at Manchester Cathedral

9.45pm Parade ends at Peter Street

10pm City players on stage

11pm event ends

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.”

Updated: March 08, 2023, 4:06 PM