Amman is gathering regional and international support for an Arab-led political process to end the war in Syria, Jordan's Deputy Prime Minister and Minister of Foreign Affairs Ayman Safadi told The National.
The push for an Arab initiative to end the 11-year-old conflict comes as the US dials back its condemnation of governments normalising relations with Syrian President Bashar Al Assad, whose grip on power was cemented by Russia’s military intervention, and as Syria’s neighbours engage with Damascus on the issue of sending refugees home.
Jordan is advocating “a collective Arab role to bring about an end to that crisis, in co-ordination with our friends and partners", Mr Safadi said in an exclusive interview on the sidelines of the UN General Assembly in New York.
Mr Safadi said Arabs must pursue a "step-by-step approach" and lead in resolving the Syrian conflict.
“We've got, as Arabs, to assume our role in efforts to bring an end to the Syrian catastrophe," he said.
"There's been no real process to address that crisis in the past few years, it's been status quo politics, and we cannot live with status quo politics."
Jordan hosts about 760,000 Syrian refugees, the UN reported, and its efforts to find a mechanism for a voluntary safe return have been unsuccessful.
“The devastating consequences of the Syrian crisis continues ... Refugees are not going back, the economy is suffering and millions of Syrians are living under the poverty line,” Mr Safadi said.
“We want to see under 2642 how we can really accelerate the early recovery projects. We’re extremely concerned with the situation in the south [of Syria, bordering Jordan]. We need stability in the south, and the drug trafficking threat is a major threat to us,” Jordan’s top diplomat said.
Asked about the impact of US sanctions and Washington's views on an Arab-led a process, Mr Safadi appeared cautiously optimistic that such hurdles can be overcome.
“I can safely say that everybody wants to see an end to this crisis. And everybody is open to any mechanism that can deliver an end to this crisis,” he said.
In an interview with The National last week, Lebanese Foreign Minister Abdullah Bou Habib said that unlike in the past, the US during this year's General Assembly did not raise objections to normalisation efforts with the Assad regime.
Mr Safadi, who visited Washington this month, is expected to return to the US capital to discuss a memorandum of understanding between the US and Jordan.
Amman has also been helping to mediate in the war in Yemen, where a fragile truce is set to expire on Sunday.
“We are hopeful that the truce will be renewed — and must be renewed — because the cost of not renewing it will be disastrous for the Yemeni people,” Mr Safadi said.
But, he noted, any renewal is in the hands of the Houthi rebels, who should “deliver on their commitments and to show goodwill".
On the Palestinian-Israeli conflict, Mr Safadi said Amman is concerned about the risks of a collapse of the Palestinian Authority (PA) in the West Bank, where the economy is sputtering and the security situation is deteriorating.
“We are extremely worried about the situation there," Mr Safadi said, as the PA "is facing tremendous challenges".
"We are focusing on maintaining calm and we're engaging with all parties and with the Americans to minimise friction points."
While at the General Assembly, Jordan participated in a Saudi-led ministerial meeting with European and US delegates to jump-start the Arab Peace Initiative.
The 2002 plan calls for peace with Israel, but only after it agrees to the creation of a Palestinian state and withdraws from land captured during the Six Day War of 1967.
“It's been 20 years since this initiative was put on the table. We believe the Arab Peace Initiative was the most comprehensive offer for the achievement of comprehensive peace," Mr Safadi said.
"The meeting was a message that we are still as Arabs committed to comprehensive and lasting peace."
He also welcomed Israeli Prime Minister Yair Lapid's apparent embrace of a two-state-solution during his address to the General Assembly.
“It is a change - this is the first Israeli prime minister since 2017 to speak publicly on the two-state-solution,” he said.
Asked about Israeli elections on November 1 — the country's fifth in three years — and if the potential return of Benjamin Netanyahu and his Likud Party is a concern for Jordan, Mr Safadi said Amman will pursue a realistic approach.
“Setbacks have always been a part of the [Palestinian-Israeli] process. We'll deal with whatever realities emerge in Israel, but what will not change is our position,” he said.
On Iran, Mr Safadi echoed comments from other diplomats, saying any new nuclear deal is "stuck for now".
The “big question is, how much of an impact it [any future deal] will have on regional stability", he said.
Mr Safadi said he had met Iranian Foreign Minister Hossein Amirabdollahian and brought up the issue of drug smuggling into Jordan from Syria, an activity reportedly conducted by pro-Iranian militias.
“The issue of drug smuggling from Syria to Jordan is a major challenge,” he said.
Asked about Jordan’s and Egypt’s talks with Lebanon to ship gas and electricity via Syria, Mr Safadi said an agreement has been completed but they are waiting for US sanctions clearance and Beirut agreeing to World Bank reforms.
Paris Can Wait
Dir: Eleanor Coppola
Starring: Alec Baldwin, Diane Lane, Arnaud Viard
Two stars
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
UAE currency: the story behind the money in your pockets
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
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Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
Pros%20and%20cons%20of%20BNPL
%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
How%20to%20avoid%20getting%20scammed
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AL%20BOOM
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The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
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FROM%20THE%20ASHES
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What is safeguarding?
“Safeguarding, not just in sport, but in all walks of life, is making sure that policies are put in place that make sure your child is safe; when they attend a football club, a tennis club, that there are welfare officers at clubs who are qualified to a standard to make sure your child is safe in that environment,” Derek Bell explains.
Moral education needed in a 'rapidly changing world'
Moral education lessons for young people is needed in a rapidly changing world, the head of the programme said.
Alanood Al Kaabi, head of programmes at the Education Affairs Office of the Crown Price Court - Abu Dhabi, said: "The Crown Price Court is fully behind this initiative and have already seen the curriculum succeed in empowering young people and providing them with the necessary tools to succeed in building the future of the nation at all levels.
"Moral education touches on every aspect and subject that children engage in.
"It is not just limited to science or maths but it is involved in all subjects and it is helping children to adapt to integral moral practises.
"The moral education programme has been designed to develop children holistically in a world being rapidly transformed by technology and globalisation."
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UAE currency: the story behind the money in your pockets
Adele: The Stories Behind The Songs
Caroline Sullivan
Carlton Books
CREW
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
More from Neighbourhood Watch:
The specs
Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder
Power: 220 and 280 horsepower
Torque: 350 and 360Nm
Transmission: eight-speed automatic
Price: from Dh136,521 VAT and Dh166,464 VAT
On sale: now
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
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UAE currency: the story behind the money in your pockets
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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.”
Company%20profile
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UAE currency: the story behind the money in your pockets
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models