Activists supporting the Ethiopian government at a November protest in front of the White House demand a stop for what they say is American support for the Tigray People's Liberation Front. AFP
Activists supporting the Ethiopian government at a November protest in front of the White House demand a stop for what they say is American support for the Tigray People's Liberation Front. AFP
Activists supporting the Ethiopian government at a November protest in front of the White House demand a stop for what they say is American support for the Tigray People's Liberation Front. AFP
Activists supporting the Ethiopian government at a November protest in front of the White House demand a stop for what they say is American support for the Tigray People's Liberation Front. AFP

Joe Biden commends Abiy Ahmed's pledge to release Ethiopian prisoners


Bryant Harris
  • English
  • Arabic

President Joe Biden on Monday commended Ethiopian Prime Minister Abiy Ahmed for promising to release several high-profile political prisoners, in his first call with the country’s leader since the conflict in Tigray erupted in 2020.

Mr Abiy vowed on Friday to release several leaders from the Tigray People’s Liberation Front (TPLF) in addition to Jawar Mohammed, an Oromo activist, as Ethiopia’s majority Christian populace celebrated Orthodox Christmas.

The prime minister made the announcement in a statement calling for “national reconciliation.”

The White House noted in a readout of the call that the two leaders also “discussed ways to accelerate dialogue toward a negotiated ceasefire, the urgency of improving humanitarian access across Ethiopia and the need to address the human rights concerns of all affect Ethiopians, including concerns about detentions of Ethiopians under the state of emergency”.

Mr Abiy – the 2019 Nobel Peace Price winner – rounded up and detained several high-profile of Ethiopia’s Tigrayan community, including some US-Ethiopian dual nationals, during the TPLF’s short-lived advance on Addis Ababa last year.

Minnesota state Senator John Hoffman told The National that Mr Jawar's wife said he has been released. Mr Jawar is from the Twin Cities and was arrested in Ethiopia when protests broke out after the death of popular Oromo singer Hachalu Hundessa. Charged with terrorism, he had been on hunger strike.

A senior US official described the conversation between the two leaders as "businesslike" and "substantive".

"If could be a moment of opportunity, but only if the parties are willing to take advantage of it," the US official told reporters. "This window will not be open forever."

Mr Biden's former envoy for the Horn of Africa, Jeffrey Feltman, met with Mr Abiy last week at the prime minister's request, shortly before stepping down from the post.

Veteran diplomat David Satterfield, who completed his tenure as US ambassador to Turkey last week, is set to replace Mr Feltman as the US envoy for the region.

"The president and the prime minister did discuss Ambassador Satterfield making a trip to the region soon after he is fully on board," said the senior US official.

For his part, Mr Abiy said that he held a “candid conversation” with Mr Biden.

“We both agree there is great value in strengthening our cooperation through constructive engagement founded on mutual respect,” Mr Abiy wrote on Twitter.

The US has pushed for peace talks between Mr Abiy’s government and the TPLF, going so far as to expel Ethiopia from the African Growth and Opportunity Act, a key trade pact that provides certain countries in Africa with duty-free access to US markets.

The senior US official said "we would need to see significantly more progress" on human rights concerns in order for Ethiopia to regain access to the trade programme.

However, the Biden administration has also halted a legal review into whether Ethiopian actions in Tigray constitute genocide as part of a bid to cajole Addis Ababa into peace negotiations.

Nonetheless, the White House noted that Mr Biden also “expressed concern that the ongoing hostilities, including recent airstrikes, continue to cause civilian casualties and suffering” while “reaffirming the US commitment to work alongside the African Union and regional partners help Ethiopians peacefully resolve the conflict”.

The White House also touted “the potential to strengthen cooperation on a range of issues, and the need for concrete progress to resolve the conflict".

"We have heard some public statements from both sides that are more constructive than some of the things that have been said in the past, and we have seen at least the beginnings of some steps in a more constructive direction", the senior US official said.

Ethiopia has cut internet, phone and media access in Tigray since the conflict erupted in 2020 while reportedly complicating or halting the delivery of humanitarian aid to the war-torn region.

Witnesses have described widespread human rights abuses in Tigray, including the displacement and murder of civilians, gang rapes, the destruction of civilian infrastructure and the burning of crops.

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

The specs: 2018 Mercedes-AMG C63 S Cabriolet

Price, base: Dh429,090

Engine 4.0-litre twin-turbo V8

Transmission Seven-speed automatic

Power 510hp @ 5,500rpm

Torque 700Nm @ 1,750rpm

Fuel economy, combined 9.2L / 100km

Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press 

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

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Scotland's team:

15-Sean Maitland, 14-Darcy Graham, 13-Nick Grigg, 12-Sam Johnson, 11-Byron McGuigan, 10-Finn Russell, 9-Ali Price, 8-Magnus Bradbury, 7-Hamish Watson, 6-Sam Skinner, 5-Grant Gilchrist, 4-Ben Toolis, 3-Willem Nel, 2-Stuart McInally (captain), 1-Allan Dell

Replacements: 16-Fraser Brown, 17-Gordon Reid, 18-Simon Berghan, 19-Jonny Gray, 20-Josh Strauss, 21-Greig Laidlaw, 22-Adam Hastings, 23-Chris Harris

RESULTS

4pm: Al Bastakiya Listed US$250,000 (Dirt) 1,900m
Winner: Yulong Warrior, Richard Mullen (jockey), Satish Seemar (trainer)

4.35pm: Mahab Al Shimaal Group 3 $200,000 (D) 1,200m
Winner: Jordan Sport, Adrie de Vries, Fawzi Nass

5.10pm: Nad Al Sheba Conditions $200,000 (Turf) 1,200m
Winner: Jungle Cat, William Buick, Charlie Appleby

5.45pm: Burj Nahaar Group 3 $200,000 (D) 1,600m
Winner: Kimbear, Patrick Dobbs, Doug Watson

6.20pm: Jebel Hatta Group 1 $300,000 (T) 1,800m
Winner: Blair House, James Doyle, Charlie Appleby

6.55pm: Al Maktoum Challenge Round-3 Group 1 $400,000 (D) 2,000m
Winner: North America, Richard Mullen, Satish Seemar

7.30pm: Dubai City of Gold Group 2 $250,000 (T) 2,410m
Winner: Hawkbill, William Buick, Charlie Appleby.

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.”

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How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
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  • Only fly the drone during the day, and never at night
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  • Drones must weigh 5 kg or less
In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
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  • Field engineer: Dh6,500 to Dh7,500
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Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

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Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

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Opening Premier League fixtures, August 14
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World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

Updated: January 11, 2022, 7:08 AM