The US is involved in negotiations to reach a cessation of hostilities between the government and the Tigray People's Liberation Front, which broke out last year. AFP
The US is involved in negotiations to reach a cessation of hostilities between the government and the Tigray People's Liberation Front, which broke out last year. AFP
The US is involved in negotiations to reach a cessation of hostilities between the government and the Tigray People's Liberation Front, which broke out last year. AFP
The US is involved in negotiations to reach a cessation of hostilities between the government and the Tigray People's Liberation Front, which broke out last year. AFP

Blinken warns of greater humanitarian and security threats in Ethiopia


Joyce Karam
  • English
  • Arabic

US Secretary of State Antony Blinken warned on Wednesday of the risks to Ethiopia's unity if no ceasefire is reached between the government of Prime Minister Abiy Ahmed and opposing forces in the Tigray and Amhara regions of the country.

The US is involved in negotiations to reach a cessation of hostilities in the conflict between the government and the Tigray People's Liberation Front (TPLF), which broke out last year.

“We are deeply concerned about escalating violence, the expansion of fighting throughout the country and what we see as a growing risk to the unity and to the integrity of the state,” Mr Blinken said during his first official visit to Kenya.

The conflict has killed thousands of people and left observers shocked after Mr Abiy, a Nobel Peace Prize winner, teamed up with former enemy Eritrea to wage war on the TPLF.

Mr Blinken said any ceasefire deal would have to include lifting the humanitarian blockade on Tigray and the release of detainees.

“We need to see humanitarian assistance flow freely now. We need to see people detained released and we need to see everyone engaging in an effort to resolve the differences that exist peacefully and constitutionally,” Mr Blinken said in a press conference with his Kenyan counterpart Raychelle Omamo.

Ms Omamo saw potential for a breakthrough in the ongoing negotiations, saying: “We believe in the potential of Ethiopia to find a resolution to this crisis; we believe that a ceasefire is possible.”

Kenya is one of the key interlocutors in the Ethiopian conflict. On Sunday, Kenyan President Uhuru Kenyatta made a surprise visit to Addis Ababa where he held closed-door talks with Mr Abiy and other officials.

African Union envoy Olusegun Obasanjo made two trips to Ethiopia this month and held meetings with the government and the TPLF.

US envoy to the Horn of Africa Jeffrey Feltman has recently returned from Addis Ababa on a regional trip intended to boost Mr Obasanjo's efforts.

But despite diplomatic efforts, the situation has not improved on the ground. Mass detentions of Tigrayans by the Ethiopian government and military advances by the TPLF and Omoro forces have been reported this week.

On Tuesday, the UN said the Ethiopian government has detained more than 1,000 people, mostly ethnic Tigrayans, in a widespread crackdown on supporters of Tigray's liberation movement.

  • Captive Ethiopian soldiers arrive at the Mekele Rehabilitation Centre in Tigray, Ethiopia, after a four-day journey from Abdi Eshir. All photos: AFP
    Captive Ethiopian soldiers arrive at the Mekele Rehabilitation Centre in Tigray, Ethiopia, after a four-day journey from Abdi Eshir. All photos: AFP
  • Women welcome Tigray People's Liberation Front fighters as they return to Mekele after seizing control of the city in June 2021.
    Women welcome Tigray People's Liberation Front fighters as they return to Mekele after seizing control of the city in June 2021.
  • Ethiopians who fled the Tigray conflict wait to charge their phones at Um Raquba refugee camp in Gedaref, Sudan.
    Ethiopians who fled the Tigray conflict wait to charge their phones at Um Raquba refugee camp in Gedaref, Sudan.
  • A member of the Afar Special Forces stands in front of the debris of a house on the outskirts of the village of Bisober in Tigray.
    A member of the Afar Special Forces stands in front of the debris of a house on the outskirts of the village of Bisober in Tigray.
  • People hold candles and Ethiopian flags at a memorial service for the victims of the Tigray conflict in Addis Ababa.
    People hold candles and Ethiopian flags at a memorial service for the victims of the Tigray conflict in Addis Ababa.
  • An Ethiopian refugee who fled fighting in Tigray waits behind a fence in a camp in Sudan.
    An Ethiopian refugee who fled fighting in Tigray waits behind a fence in a camp in Sudan.
  • Refugees living in a camp in Sudan after fleeing violence in Tigray.
    Refugees living in a camp in Sudan after fleeing violence in Tigray.
  • A woman walks among the remains of a destroyed factory in Ataye, Ethiopia, where more than 100 civilians died in a recent flare-up of violence.
    A woman walks among the remains of a destroyed factory in Ataye, Ethiopia, where more than 100 civilians died in a recent flare-up of violence.
  • Two members of the Amhara militia ride in the back of a pick-up truck. Amharas and Tigrayans were uneasy neighbours before the current fighting, with tension over land sparking violent clashes.
    Two members of the Amhara militia ride in the back of a pick-up truck. Amharas and Tigrayans were uneasy neighbours before the current fighting, with tension over land sparking violent clashes.
  • Militias from the Amhara region have been involved in the fighting in Tigray.
    Militias from the Amhara region have been involved in the fighting in Tigray.
  • Tens of thousands of Ethiopians gather at a rally organised by the mayor of Addis Ababa to show support for the military's efforts in Tigray.
    Tens of thousands of Ethiopians gather at a rally organised by the mayor of Addis Ababa to show support for the military's efforts in Tigray.
  • Zeleke Alabachew, farmer and militia fighter, tends to his land near the village of Tekeldengy, Ethiopia, Africa's second most populous nation.
    Zeleke Alabachew, farmer and militia fighter, tends to his land near the village of Tekeldengy, Ethiopia, Africa's second most populous nation.
  • People celebrate the liberation of opposition leaders in the city of Alamata, Ethiopia.
    People celebrate the liberation of opposition leaders in the city of Alamata, Ethiopia.
  • A family fleeing violence sit in a former classroom at May Weyni secondary school, now hosting 10,500 displaced people, in Mekele, capital of Tigray.
    A family fleeing violence sit in a former classroom at May Weyni secondary school, now hosting 10,500 displaced people, in Mekele, capital of Tigray.
  • Ethiopian refugees travel to Sudan to escape violence in Tigray.
    Ethiopian refugees travel to Sudan to escape violence in Tigray.
  • Ethiopian refugees gather to celebrate the 46th anniversary of the Tigray People's Liberation Front at Um Raquba refugee camp in Gedaref, Sudan. The TPLF dominated Ethiopian politics before being ousted from their regional stronghold last year.
    Ethiopian refugees gather to celebrate the 46th anniversary of the Tigray People's Liberation Front at Um Raquba refugee camp in Gedaref, Sudan. The TPLF dominated Ethiopian politics before being ousted from their regional stronghold last year.
  • An Ethiopian refugee sets up a tent in a camp in the town of Gedaref, Sudan, after being transported from the border reception centre.
    An Ethiopian refugee sets up a tent in a camp in the town of Gedaref, Sudan, after being transported from the border reception centre.
  • Pro-Tigrayan demonstrators display placards during a protest in front of the chancellery in Berlin.
    Pro-Tigrayan demonstrators display placards during a protest in front of the chancellery in Berlin.
  • The aftermath of heavy shelling in Wukro, a city north of Mekele, in Ethiopia.
    The aftermath of heavy shelling in Wukro, a city north of Mekele, in Ethiopia.

The Associated Press said one US citizen and a number of British nationals are among those who have been detained.

The US, concerned of the risk of all-out civil war, has reiterated its call for its citizens to leave Ethiopia.

“Leave now while commercial flights are still available and while it is safe to do so,” a senior US official said on a call with reporters on Tuesday.

The administration of US President Joe Biden sanctioned six Eritrean officials and entities last week for their role in the conflict.

Reports of gang rapes, the destruction of health centres, the burning of crops, extrajudicial killings and forced expulsions have heightened the risk of famine and starvation in northern Ethiopia.

Only 7 per cent of the necessary assistance is reaching the region and food aid inside Tigray has now run out, the US Agency for International Development said this month.

%3Cp%3EThe%20Department%20of%20Culture%20and%20Tourism%20-%20Abu%20Dhabi%E2%80%99s%20Arabic%20Language%20Centre%20will%20mark%20International%20Women%E2%80%99s%20Day%20at%20the%20Bologna%20Children's%20Book%20Fair%20with%20the%20Abu%20Dhabi%20Translation%20Conference.%20Prolific%20Emirati%20author%20Noora%20Al%20Shammari%2C%20who%20has%20written%20eight%20books%20that%20%20feature%20in%20the%20Ministry%20of%20Education's%20curriculum%2C%20will%20appear%20in%20a%20session%20on%20Wednesday%20to%20discuss%20the%20challenges%20women%20face%20in%20getting%20their%20works%20translated.%3C%2Fp%3E%0A
Profile of Hala Insurance

Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20JustClean%3Cbr%3E%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20with%20offices%20in%20other%20GCC%20countries%3Cbr%3E%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%3C%2Fstrong%3E%202016%3Cbr%3E%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20160%2B%20with%2021%20nationalities%20in%20eight%20cities%3Cbr%3E%3Cstrong%3E%3Cbr%3ESector%3A%3C%2Fstrong%3E%20online%20laundry%20and%20cleaning%20services%3Cbr%3E%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%2430m%20from%20Kuwait-based%20Faith%20Capital%20Holding%20and%20Gulf%20Investment%20Corporation%3C%2Fp%3E%0A
The bio:

Favourite film:

Declan: It was The Commitments but now it’s Bohemian Rhapsody.

Heidi: The Long Kiss Goodnight.

Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

Heidi: Australia but my dream destination would be to go to Cuba.

Favourite pastime:

Declan: I love brunching and socializing. Just basically having the craic.

Heidi: Paddleboarding and swimming.

Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

Tenet

Director: Christopher Nolan

Stars: John David Washington, Robert Pattinson, Elizabeth Debicki, Dimple Kapadia, Michael Caine, Kenneth Branagh 

Rating: 5/5

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.”

LIVERPOOL%20TOP%20SCORERS
%3Cp%3E(Premier%20League%20only)%3Cbr%3EMohamed%20Salah%20129%3Cbr%3ERobbie%20Fowler%20128%3Cbr%3ESteven%20Gerrard%20120%3Cbr%3EMichael%20Owen%20118%3Cbr%3ESadio%20Mane%2090%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Company%20profile
%3Cp%3E%3Cbr%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Khodar%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%20and%20Alexandria%2C%20in%20Egypt%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ayman%20Hamza%2C%20Yasser%20Eidrous%20and%20Amr%20El%20Sheikh%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20agriculture%20technology%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24500%2C000%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Saudi%20Arabia%E2%80%99s%20Revival%20Lab%20and%20others%3Cbr%3E%3Cstrong%3EEmployees%3A%3C%2Fstrong%3E%2035%3C%2Fp%3E%0A
West Indies v India - Third ODI

India 251-4 (50 overs)
Dhoni (78*), Rahane (72), Jadhav (40)
Cummins (2-56), Bishoo (1-38)
West Indies 158 (38.1 overs)
Mohammed (40), Powell (30), Hope (24)
Ashwin (3-28), Yadav (3-41), Pandya (2-32)

India won by 93 runs

RESULTS

6.30pm Al Maktoum Challenge Round-2 – Group 1 (PA) $49,000 (Dirt) 1,900m

Winner RB Frynchh Dude, Pat Cosgrave (jockey), Helal Al Alawi (trainer)

7.05pm Al Bastakiya Trial – Conditions (TB) $50,000 (D) 1,900m

Winner El Patriota, Vagner Leal, Antonio Cintra

7.40pm Zabeel Turf – Listed (TB) $88,000 (Turf) 2,000m

Winner Ya Hayati, Mickael Barzalona, Charlie Appleby

8.15pm Cape Verdi – Group 2 (TB) $163,000 (T) 1,600m

Winner Althiqa, James Doyle, Charlie Appleby

8.50pm UAE 1000 Guineas – Listed (TB) $125,000 (D) 1,600m

Winner Soft Whisper, Frankie Dettori, Saeed bin Suroor

9.25pm Handicap (TB) $68,000 (T) 1,600m

Winner Bedouin’s Story, Frankie Dettori, Saeed bin Suroor

CABINET%20OF%20CURIOSITIES%20EPISODE%201%3A%20LOT%2036
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EGuillermo%20del%20Toro%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Tim%20Blake%20Nelson%2C%20Sebastian%20Roche%2C%20Elpidia%20Carrillo%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A

Day 1 results:

Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)

Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)

UAE currency: the story behind the money in your pockets
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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LUKA CHUPPI

Director: Laxman Utekar

Producer: Maddock Films, Jio Cinema

Cast: Kartik Aaryan, Kriti Sanon​​​​​​​, Pankaj Tripathi, Vinay Pathak, Aparshakti Khurana

Rating: 3/5

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

Updated: November 17, 2021, 7:36 PM