Russia’s advanced hypersonic missile technology is top of a possible list of technology transfers wanted for Iran’s rocket programme, as its expansion is set to present major threats to the Gulf region, an influential think tank has reported.
A proliferation of missile and drone warfare in Ukraine has created a growing two-way market between Tehran and Moscow, which is now delivering technological advances for the Iranian programme, the International Institute for Strategic Studies said.
Russia’s invasion of Ukraine has fuelled a global buying spree for cheap, accurate missiles that will threaten international stability, the IISS warned. In reference to the US electronics retail chain Radio Shack, the report says adaptation of civilian software can be used to control weaponry as advanced as cruise missiles.
Iran’s help in supplying Russia with hundreds of kamikaze drones has demonstrated to less wealthy states and potentially terrorists that they can strike targets at distance with accuracy, said the Russia’s War in Ukraine: Ballistic and Cruise Trajectories report.
The Ukraine conflict, alongside weapons supplied by Iran to Yemen's Houthi rebels, has shown that manufacturing long-range, precision munitions “is relatively easy and inexpensive”.
Weapons that can use “dual-capable technology” are available on the open market, including “the so-called Radio Shack cruise missile”, such as the Iranian 351/Quds.
The IISS reported a “bleak outlook” on whether current international arms-control treaties would curtail an uncontrolled expansion in precision missiles.
Hypersonic Iran
Before the war in Ukraine, Russian President Vladimir Putin had boasted of the astonishing capabilities of the Kh-47 Kinzhal hypersonic missiles, with alleged speeds of Mach 10, or 12,300kph, although some reports suggested it was a third of that.
Up to 10 Kinzhals have been shot down by Ukraine’s air defences but Russia is now likely “redoubling” its efforts to get the speed to at least Mach 5 and increase the weapon’s “survivability” from air defences.
“In turn this may encourage other states to follow suit, or to try to access Russian technology or systems,” the report’s authors wrote. “Tehran has already claimed it is pursuing supersonic missile technology, and Moscow could offer a path to expediting this.”
The Ukraine war has for the first time featured the large-scale operation of attack drones, in particular the Iranian Shahed 136, which has deepened the working relationship between Russia and Iran.
“Co-operation on the latter is drawing Moscow and Tehran closer together, with uncomfortable implications for many countries concerned as to the destabilising behaviour of the two states,” the report warned.
“Moscow’s use of the Iranian Shahed-136 direct attack munition, furthermore, will almost certainly encourage others to seek similar weapons as an entry-point for a long-range land-attack capability.”
Ukraine drone threat
The situation in Ukraine has led to a new form of warfare, in which attack drones are playing a major role in destroying people, equipment and infrastructure.
Ukraine has used kamikaze drones, driven by an operator wearing goggles – known as First Person View – to take out infantry in trenches, armoured vehicles and buildings. Russia has belatedly developed its own FPVs, which is likely to influence rogue states or extremists drawn in by “the shrewdness of this approach” in getting around sophisticated defences.
The success of Ukraine’s western-supplied air defences against cruise missiles, which fly low and at relatively low speed while avoiding radar detection, will mean greater research into their survivability.
“Options include greater numbers, greater stealth and greater speed, alongside supplementing cruise missiles with lower-cost, higher-volume decoys or direct attack munitions to try to overcome ground-based air defence.”
States that in the past struggled to buy precision weapons, either due to their complexity or export controls, will now be able to manufacture them, the report warned. Technological advances allow rogue states to clear these barriers.
“The spread of the technology, the ubiquity of the components and the low cost of assembly and employment likely will drive a boom in ‘cheap and cheerful’ systems across the globe with little prospect for international controls,” the report warned.
“Moscow’s war will almost certainly further fuel the demand for long-range conventionally armed land-attack cruise missiles and pique greater interest in direct attack munitions among state and non-state actors.”
Ebbing influence of treaties
The weapons expansion comes at a time when the arms control for ballistic and cruise missiles has “already been greatly eroded”.
“The remaining mechanisms for managing the spread of such systems have never been more ill-suited for the task,” the report said.
“Ultimately, Russia’s war in Ukraine will have wide ramifications for existing arms- and export-control regimes, as certain types of guided weapons become both more attractive and increasingly available.”
Traditional arms control treaties will rapidly become redundant with the profusion of “Radio Shack” cruise missiles and with any future agreement needing to address their presence.
This had created a “bleak outlook for the future control of such missile systems”, the report said, adding that the falling cost of weapons suggested an “easy possibility of proliferation”.
Mia Man’s tips for fermentation
- Start with a simple recipe such as yogurt or sauerkraut
- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.
- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.
- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.
History's medical milestones
1799 - First small pox vaccine administered
1846 - First public demonstration of anaesthesia in surgery
1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases
1895 - Discovery of x-rays
1923 - Heart valve surgery performed successfully for first time
1928 - Alexander Fleming discovers penicillin
1953 - Structure of DNA discovered
1952 - First organ transplant - a kidney - takes place
1954 - Clinical trials of birth control pill
1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.
1998 - The first adult live-donor liver transplant is carried out
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 247hp at 6,500rpm
Torque: 370Nm from 1,500-3,500rpm
Transmission: 10-speed auto
Fuel consumption: 7.8L/100km
Price: from Dh94,900
On sale: now
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Brief scores:
Toss: South Africa, chose to field
Pakistan: 177 & 294
South Africa: 431 & 43-1
Man of the Match: Faf du Plessis (South Africa)
Series: South Africa lead three-match series 2-0
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Racecard
6.35pm: The Madjani Stakes – Group 2 (PA) Dh97,500 (Dirt) 1,900m
7.10pm: Evidenza – Handicap (TB) Dh87,500 (D) 1,200m
7.45pm: The Longines Conquest – Maiden (TB) Dh82,500 (D) 2,000m
8.20: The Longines Elegant – Conditions (TB) Dh82,500 (D)
8.35pm: The Dubai Creek Mile – Listed (TB) Dh132,500 (D) 1,600m
9.30pm: Mirdif Stakes – Conditions (TB) Dh120,000 (D) 1,400m
10.05pm: The Longines Record – Handicap (TB) Dh87,500 (D) 1,900m
'Jurassic%20World%20Dominion'
%3Cp%3EDirector%3A%20Colin%20Trevorrow%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Sam%20Neill%2C%20Laura%20Dern%2C%20Jeff%20Goldblum%2C%20Bryce%20Dallas%20Howard%2C%20Chris%20Pratt%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The years Ramadan fell in May
Brown/Black belt finals
3pm: 49kg female: Mayssa Bastos (BRA) v Thamires Aquino (BRA)
3.07pm: 56kg male: Hiago George (BRA) v Carlos Alberto da Silva (BRA)
3.14pm: 55kg female: Amal Amjahid (BEL) v Bianca Basilio (BRA)
3.21pm: 62kg male: Gabriel de Sousa (BRA) v Joao Miyao (BRA)
3.28pm: 62kg female: Beatriz Mesquita (BRA) v Ffion Davies (GBR)
3.35pm: 69kg male: Isaac Doederlein (BRA) v Paulo Miyao (BRA)
3.42pm: 70kg female: Thamara Silva (BRA) v Alessandra Moss (AUS)
3.49pm: 77kg male: Oliver Lovell (GBR) v Tommy Langarkar (NOR)
3.56pm: 85kg male: Faisal Al Ketbi (UAE) v Rudson Mateus Teles (BRA)
4.03pm: 90kg female: Claire-France Thevenon (FRA) v Gabreili Passanha (BRA)
4.10pm: 94kg male: Adam Wardzinski (POL) v Kaynan Duarte (BRA)
4.17pm: 110kg male: Yahia Mansoor Al Hammadi (UAE) v Joao Rocha (BRA
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
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.”