Russian forces are “highly likely” to have advanced into the centre of Bakhmut, British military intelligence says, as Moscow regains momentum in its push for the ruined Ukrainian mining city.
The Russian progress means a key Ukrainian supply route to the west of the town is probably “severely threatened”.
In its daily intelligence update, the UK Ministry of Defence (MoD) said: “In recent days, Russian forces have regained some momentum in the battle for Bakhmut. Since late March their advance had largely stalled.
“Russia has made further gains and has now highly likely advanced into the town centre, and has seized the west bank of the Bakhmutka river. Ukraine’s key 0506 supply route to the west of the town is likely severely threatened.
“Russian regular forces, likely including airborne troops, have probably reinforced the area and Russia is again using artillery more effectively in the sector.”
The MoD said there was a “realistic possibility” that Wagner and Russian commanders had paused their feud and improved co-operation.
Ukraine on Friday said the situation in Bakhmut was "difficult" but its forces were holding out despite Russia's numerical superiority.
The months-long battle for Bakhmut, one of the last urban centres in the eastern Donetsk province yet to fall to Russian forces, has proven one of the bloodiest of the war.
Battles were "under way in the streets, enemy attempts to encircle the city are failing," said Andriy Yermak, a senior adviser to Ukrainian President Volodymyr Zelenskyy.
"Our command fully control the situation."
Eastern military command spokesman Serhiy Cherevatyi told Reuters that Ukraine was in control of the situation in Bakhmut, understood Russian intentions and that Moscow had had tactical success in some places, but was paying a high price for it.
The leader of Russia's private Wagner militia, Yevgeny Prigozhin, said fighting was raging in the west of the city.
"It must be said clearly that the enemy is not going anywhere," he said on his Telegram channel.
Dogged defence
Mr Prigozhin has often complained of a lack of ammunition for his fighters in Bakhmut.
But Ukrainian border guard Levko Stek, speaking in a video clip with explosions heard in the background, said Ukrainian forces did not sense any "ammunition hunger" on the Russian side.
Western analysts have played down the strategic significance of Bakhmut but Ukraine has framed its dogged defence of the city as a way of wearing down Russian forces ahead of a counteroffensive bolstered by advanced western-supplied weapons.
"We are ready, we have to do it, the sooner the better," Naza, a 21-year-old unit commander told Reuters outside Bakhmut. "The enemy must be chased away. At the moment we are waiting for the weather to change, the mud is an obstacle.
Speaking near the front line, the commander of Ukraine's 5th separate assault brigade, who gave his name as Ivan, said: "Those service members that are not on the front line are training."
Ukrainian military expert Oleksander Musienko said Russian forces were "exhausted and cannot maintain the same pace of attacks" that they launched in February.
"It's clear now that the Russian army's ability to attack is stalled. And for all their bravado about taking over Bakhmut, it is just not true.
"The Russian forces are preparing to organise defensive positions. The idea is to bring the war into a positional phase, essentially a stalemate."
Four civilians were killed on Thursday in the Russia-controlled Donetsk region when shells hit a car park, Russia's Tass news agency reported. Three people died in blasts at a bus stop in Lysychansk, north-east of Donetsk, RIA news agency reported.
Agency reporters on the ground were unable to independently verify those reports.
Meanwhile, the Pentagon is investigating a leak of classified war documents detailing US and Nato plans for building up the Ukrainian military ahead of a planned offensive against Russia. They were posted this week on social media channels, The New York Times reported.
Separately, the US is opposing efforts by some European nations to offer Ukraine a clear “road map” to Nato membership at the alliance’s July summit in Lithuania, the Financial Times reported on Thursday.
Brief scores
Day 1
Toss England, chose to bat
England, 1st innings 357-5 (87 overs): Root 184 not out, Moeen 61 not out, Stokes 56; Philander 3-46
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Chef Nobu's advice for eating sushi
“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
Killing of Qassem Suleimani
The specs: Audi e-tron
Price, base: From Dh325,000 (estimate)
Engine: Twin electric motors and 95kWh battery pack
Transmission: Single-speed auto
Power: 408hp
Torque: 664Nm
Range: 400 kilometres
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
Killing of Qassem Suleimani
'HIJRAH%3A%20IN%20THE%20FOOTSTEPS%20OF%20THE%20PROPHET'
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COMPANY PROFILE
Name: Mamo
Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua
Based: Dubai, UAE
Number of employees: 28
Sector: Financial services
Investment: $9.5m
Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors.
The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5
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MATCH INFO
Crawley Town 3 (Tsaroulla 50', Nadesan 53', Tunnicliffe 70')
Leeds United 0
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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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.”
Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
Profile
Co-founders of the company: Vilhelm Hedberg and Ravi Bhusari
Launch year: In 2016 ekar launched and signed an agreement with Etihad Airways in Abu Dhabi. In January 2017 ekar launched in Dubai in a partnership with the RTA.
Number of employees: Over 50
Financing stage: Series B currently being finalised
Investors: Series A - Audacia Capital
Sector of operation: Transport