This Afghan boy in hospital in Jalalabad, Afghanistan, was injured when a roadside bomb exploded in Bati Kot district of Nangarhar province on April 27, 2017. Ghulamullah Habibi / EPA
This Afghan boy in hospital in Jalalabad, Afghanistan, was injured when a roadside bomb exploded in Bati Kot district of Nangarhar province on April 27, 2017. Ghulamullah Habibi / EPA

UN says children pay the price in Afghan conflict



KABUL // Children accounted for one-third of civilian casualties in Afghanistan’s grinding conflict in the first three months of 2017, and are paying an increasingly high price in the fighting, a UN report said on Thursday.

Between January and March, 210 children were killed — up 17 per cent from the same period last year — and 525 injured, out of a total of 2,181 civilian casualties.

The overall total is slightly down, by four per cent, compared to the same period in 2016.

Among women, 88 deaths were recorded, a figure that jumped 54 per cent from last year, mainly due to aerial bombardments. Air strikes will be an increasing danger to civilians as the Afghan air force begins to carry out its own such raids.

Overall, the report showed 148 deaths and injuries from air strikes in the first quarter of 2017, compared to 29 in the same period last year.

“We are extremely concerned about the increase in the number of casualties among women and children, particularly deaths,” said the United Nations Assistance Mission in Afghanistan (Unama), which has documented civilian victims of the conflict since 2009.

“The 17 per cent increase in child casualties reflects the failure of parties to the conflict to take adequate precautions to protect civilians, including marking and clearing unexploded ordnance after fighting ends,” said Danielle Bell, head of human rights for Unama.

The main cause of casualties remains fighting on the ground, which was responsible for 35 per cent of the casualties recorded in the UN report.

The number of civilians fleeing the fighting hit a record high last year, said the UN, with 600,000 internally displaced — which, when added to the hundreds of thousands of refugees who returned from Pakistan in 2016, threatens to overwhelm already meagre resources allocated to refugees.

The UN blames 62 per cent of civilian casualties on anti-government elements, mainly the Taliban, who are gearing up for their spring fighting season after an unusually violent winter.

Unexploded mines and ammunition abandoned by fighters remained the second highest cause of civilian casualties, with 19 per cent of casualties caused by unexploded mines and abandoned ammunition. Attacks, meanwhile, caused 17 per cent of civilian casualties.

The province of Kabul had the highest number of casualties thanks to multiple attacks in the capital, followed by provinces where fighting is most sustained — such as Helmand, which is virtually under Taliban control, Kandahar and Uruzgan in the south, and Nangarhar in the east, where ISIL is engaged in a turf war with the Taliban.

“It is civilians, with increasing numbers of women and children, who far too often bear the brunt of the conflict,” said Tadamichi Yamamoto, the UN envoy to Afghanistan.

“With the so-called fighting season imminent, I appeal to all parties to take every measure possible to prevent unnecessary and unacceptable harm to Afghan civilians.”

* Agence France-Presse

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38.7C (101.7F) set in Cambridge in 2019

EMIRATES'S REVISED A350 DEPLOYMENT SCHEDULE

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Kuwait: November 15 (from September 16)

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Source: Emirates

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Motori Profile

Date started: March 2020

Co-founder/CEO: Ahmed Eissa

Based: UAE, Abu Dhabi

Sector: Insurance Sector

Size: 50 full-time employees (Inside and Outside UAE)

Stage: Seed stage and seeking Series A round of financing 

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Favourite holiday destination: I really enjoyed Sri Lanka and Vietnam but my dream destination is the Maldives.

Favourite food: My mum’s Chinese cooking.

Favourite film: Robocop, followed by The Terminator.

Hobbies: Off-roading, scuba diving, playing squash and going to the gym.

 

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
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Zlatan Ibrahimovic’s instant impact at former club LA Galaxy: “Brilliant. It’s been a great start for him and for the club. They were crying out for another big name there. They were lacking that, for the prestige of LA Galaxy. And now they have one of the finest stars. I hope they can go win something this year.”

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Born: near Sialkot, Pakistan, 1981

Profession: Driver

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Started: April 2017

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Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

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Company: Astra Tech
Started: March 2022
Based: Dubai
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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
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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.

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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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Company name: Klipit

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Investors: Privately/self-funded

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2006: Didier Drogba (Chelsea and Ivory Coast)
2007: Frederic Kanoute (Sevilla and Mali)
2008: Emmanuel Adebayor (Arsenal and Togo)
2009: Didier Drogba (Chelsea and Ivory Coast)
2010: Samuel Eto’o (Inter Milan and Cameroon)
2011: Yaya Toure (Manchester City and Ivory Coast)
2012: Yaya Toure (Manchester City and Ivory Coast)
2013: Yaya Toure (Manchester City and Ivory Coast)
2014: Yaya Toure (Manchester City and Ivory Coast)
2015: Pierre-Emerick Aubameyang (Borussia Dortmund and Gabon)
2016: Riyad Mahrez (Leicester City and Algeria)

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Final: Netherlands beat PNG by seven wickets

Qualified teams

1. Netherlands
2. PNG
3. Ireland
4. Namibia
5. Scotland
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T20 World Cup 2020, Australia

Group A: Sri Lanka, PNG, Ireland, Oman
Group B: Bangladesh, Netherlands, Namibia, Scotland