A Minusma soldier stands guard near a UN vehicle that drove over an explosive device in northern Mali in June last year. AFP
A Minusma soldier stands guard near a UN vehicle that drove over an explosive device in northern Mali in June last year. AFP
A Minusma soldier stands guard near a UN vehicle that drove over an explosive device in northern Mali in June last year. AFP
A Minusma soldier stands guard near a UN vehicle that drove over an explosive device in northern Mali in June last year. AFP

Security Council calls for review of UN peacekeeping mandate in Mali


Adla Massoud
  • English
  • Arabic

UN Security Council members called on Wednesday for the review of the peacekeeping operation in Mali (Minusma), as tension grows between the world body and the West African country’s military rulers over the use of soldiers from Russia's Wagner Group.

Barbara Woodward, the UK's ambassador to the UN, warned the council that it cannot be “business as usual” when it comes to Minusma.

“We should be ready to adapt and refocus the mission, reviewing any support that carries risks to the UN’s credibility and reputation,” said Ms Woodward.

The warning came as the UN Security Council is considering three options proposed by Secretary-General Antonio Guterres for the peacekeeping mission’s future: increase its size, reduce its footprint, or withdraw troops and police and turn it into a political mission.

Mali has been battling a security and political crisis since Islamist extremist and separatist insurgencies began carrying out attacks in the north in 2012.

The UN stabilisation mission, Minusma — comprising about 15,000 soldiers — was deployed in the Sahel country the following year to help assist in the country’s return to constitutional order.

Mali’s military overthrew the government in August 2020 after popular protests against its failure to stop the insurgents.

Minusma is one of the most dangerous peace operations for “blue helmets”, according to the UN. Since its establishment, 168 peacekeepers have lost their lives in hostile acts.

Echoing sentiments expressed by Secretary General Antonio Guterres in his review of Minusma, US diplomat Jeffery DeLaurentis said the mission’s success “hinges” on the full co-operation of Malian authorities.

“It would be irresponsible of the Security Council to continue to deploy peacekeepers in conditions where they cannot succeed,” he said.

A Minusma policeman on patrol in front on the Great Mosque in Timbuktu. AFP
A Minusma policeman on patrol in front on the Great Mosque in Timbuktu. AFP

Alex Vines, Africa expert at the UK's Chatham House, told The National that mission, which will mark its 10th anniversary this month, should be “drawn down” after June.

“It has increasingly failed to deliver on its mandate and the Malian junta increasingly uses it as a scapegoat to blame for its own failures,” said Mr Vines.

Nicolas de Riviere, France's UN ambassador, underscored the peacekeeping force's role and noted that “necessary decisions” should be made so that Minusma can fulfil its mission.

“As with all peacekeeping operations, Minusma has a human rights mandate and must be able to carry out its tasks without hindrance,” he said.

“In this regard, it is not normal that we are still not informed about the Moura massacre, committed more than a year ago with, as we know, the involvement of the Wagner Group. Those responsible must be prosecuted.”

The Wagner Group — a network providing fighters for hire that was founded by Yevgeny Prigozhin, an ally of Russian President Vladimir Putin — has been operating in Mali, despite evidence gathered by the UN pointing to its involvement in widespread human rights abuses.

A screen with a Wagner Group advertisement is displayed in Moscow, Russia. A slogan on the screen reads: 'Join the team of victors!' Reuters
A screen with a Wagner Group advertisement is displayed in Moscow, Russia. A slogan on the screen reads: 'Join the team of victors!' Reuters

Human Rights Watch said Malian soldiers and foreign fighters executed 300 civilians in March last year in Moura.

Malian forces were operating in tandem with foreign soldiers, Human Rights Watch said. The fighters were believed to be Russian because witness accounts refer to them as non-French-speaking.

In January, UN human rights experts called for an investigation into the Wagner Group's activities in Mali.

France, the UK and Germany ended their three-year Minusma deployments in Mali because of tension with transitional authorities and the country's decision to join forces with Russian mercenaries.

Germany’s Defence Minister Boris Pistorius said in a statement on Wednesday that his country remains “committed to the region”.

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.”

'Dark Waters'

Directed by: Todd Haynes

Starring: Mark Ruffalo, Anne Hathaway, William Jackson Harper 

Rating: ****

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Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Match info:

Manchester City 2
Sterling (8'), Walker (52')

Newcastle United 1
Yedlin (30')

From Europe to the Middle East, economic success brings wealth - and lifestyle diseases

A rise in obesity figures and the need for more public spending is a familiar trend in the developing world as western lifestyles are adopted.

One in five deaths around the world is now caused by bad diet, with obesity the fastest growing global risk. A high body mass index is also the top cause of metabolic diseases relating to death and disability in Kuwait,  Qatar and Oman – and second on the list in Bahrain.

In Britain, heart disease, lung cancer and Alzheimer’s remain among the leading causes of death, and people there are spending more time suffering from health problems.

The UK is expected to spend $421.4 billion on healthcare by 2040, up from $239.3 billion in 2014.

And development assistance for health is talking about the financial aid given to governments to support social, environmental development of developing countries.

 

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Company/date started: 2015

Founder/CEO: Mohammed Toraif

Based: Manama, Bahrain

Sector: Sales, Technology, Conservation

Size: (employees/revenue) 4/ 5,000 downloads

Stage: 1 ($100,000)

Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)

Squad

Ali Kasheif, Salim Rashid, Khalifa Al Hammadi, Khalfan Mubarak, Ali Mabkhout, Omar Abdulrahman, Mohammed Al Attas, Abdullah Ramadan, Zayed Al Ameri (Al Jazira), Mohammed Al Shamsi, Hamdan Al Kamali, Mohammed Barghash, Khalil Al Hammadi (Al Wahda), Khalid Essa, Mohammed Shaker, Ahmed Barman, Bandar Al Ahbabi (Al Ain), Al Hassan Saleh, Majid Suroor (Sharjah) Walid Abbas, Ahmed Khalil (Shabab Al Ahli), Tariq Ahmed, Jasim Yaqoub (Al Nasr), Ali Saleh, Ali Salmeen (Al Wasl), Hassan Al Muharami (Baniyas) 

The biog

Name: Younis Al Balooshi

Nationality: Emirati

Education: Doctorate degree in forensic medicine at the University of Bonn

Hobbies: Drawing and reading books about graphic design

Fixtures:

Wed Aug 29 – Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore
Thu Aug 30 - UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman
Sat Sep 1 - UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal
Sun Sep 2 – Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore
Tue Sep 4 - Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong
Thu Sep 6 – Final

SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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Updated: April 13, 2023, 1:09 AM