People walk past the main courthouse in Deraa which was set on fire by demonstrators during protests demanding freedom and an end to corruption. File
People walk past the main courthouse in Deraa which was set on fire by demonstrators during protests demanding freedom and an end to corruption. File
People walk past the main courthouse in Deraa which was set on fire by demonstrators during protests demanding freedom and an end to corruption. File
People walk past the main courthouse in Deraa which was set on fire by demonstrators during protests demanding freedom and an end to corruption. File

Syrian regime tightens siege of Daraa opposition enclave


Khaled Yacoub Oweis
  • English
  • Arabic

Forces loyal to Syrian President Bashar Al Assad on Thursday sent more troops to a besieged opposition enclave in southern Syria, a focal point of international currents shaping the civil war in the country.

Loyalist troops and pro-Iranian Shiite militia have been surrounding Daraa Al Balad since the end of July, marking the collapse of a three-year Russian de-escalation arrangement that was meant to allow the region to make peace with Damascus.

Another Russian-supervised deal this week partly broke the impasse and 60 people left the district, in the city of Daraa near the Jordan border.

The semi-official Al Watan newspaper on Thursday said “the army has brought in reinforcements to end terrorist control” over Daraa Al Balad.

Any military advance to retake the enclave is widely seen as needing a green light from Russia. Moscow sent military police this week into Daraa Al Balad to try to administer a new settlement with locals.

The deal came a day after Jordan’s King Abdullah met Russian leader Vladimir Putin on Monday and reportedly raised the issue of Daraa.

Jordan has been concerned about the spread of Hezbollah-linked Shiite militias near its border.

Those fears rose after Russia, Israel and the US in 2018 tacitly agreed on the return of Mr Al Assad's regime to Daraa and the rest of southern Syria.

The kingdom, diplomats in the region say, has been also trying to thwart an increase in drug smuggling, linked to Hezbollah and the regime.

The smuggling is from southern Syria into Jordan and on to the Gulf.

The new Russian settlement in Daraa has faltered, although witnesses said there was a lull in regime shelling on Daraa Al Balad on Thursday.

That was to allow at least 45 people to leave by regime buses to areas of Turkish influence in northern Syria, under the Russian supervised deal.

It was not clear how many of the 45 were fighters the regime said must leave Daraa Al Balad for the north.

The regime's official news agency described them as "terrorists and some of their family members", saying their expulsion "paves the way for ending terrorist control over the district

Lebanon's pro-Hezbollah Al Mayadeen television station said a regime deadline for 100 opposition fighters “to surrender themselves” expired on Thursday.

“The regime is playing with names, saying you gave us this man but not that,” said Raed, a citizen journalist in Daraa Al Balad, who gave only his first name.

“Food and water are running low and the regime is counting on exhausting us,” he said.

Ten fighters were transferred out of Daraa on Tuesday.

But the transfers stopped the next day after the two rebel commanders refused to leave and regime shelling resumed, killing one man in Daraa Al Balad.

Unlike many areas in Syria where Russia intervened militarily to restore the regime, forced population transfers in the south have been limited.

Opposition figures and international aid workers in Jordan say Russia did not let the regime exercise its iron fist on the area.

Regime presence in many parts of the south has been mostly limited to police stations and government departments, as opposed to the military and secret police, they say.

They fear that the restrictions Moscow imposed on the regime in the area in the past three years could be coming to an end.

A source in Daraa said at least 4,000 people fearful of regime reprisals in Daraa Al Balad could choose to leave to go to northern Syria or be forced to do so in the next few weeks.

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Queen

Nicki Minaj

(Young Money/Cash Money)

THE BIO

Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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How Voiss turns words to speech

The device has a screen reader or software that monitors what happens on the screen

The screen reader sends the text to the speech synthesiser

This converts to audio whatever it receives from screen reader, so the person can hear what is happening on the screen

A VOISS computer costs between $200 and $250 depending on memory card capacity that ranges from 32GB to 128GB

The speech synthesisers VOISS develops are free

Subsequent computer versions will include improvements such as wireless keyboards

Arabic voice in affordable talking computer to be added next year to English, Portuguese, and Spanish synthesiser

Partnerships planned during Expo 2020 Dubai to add more languages

At least 2.2 billion people globally have a vision impairment or blindness

More than 90 per cent live in developing countries

The Long-term aim of VOISS to reach the technology to people in poor countries with workshops that teach them to build their own device

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Ruwais timeline

1971 Abu Dhabi National Oil Company established

1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants

1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed

1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.  

1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex

2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea

2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd

2014 Ruwais 261-outlet shopping mall opens

2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies

2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export

2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.

2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery 

2018 NMC Healthcare selected to manage operations of Ruwais Hospital

2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13

Source: The National

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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.

“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.”

Low turnout
Two months before the first round on April 10, the appetite of voters for the election is low.

Mathieu Gallard, account manager with Ipsos, which conducted the most recent poll, said current forecasts suggested only two-thirds were "very likely" to vote in the first round, compared with a 78 per cent turnout in the 2017 presidential elections.

"It depends on how interesting the campaign is on their main concerns," he told The National. "Just now, it's hard to say who, between Macron and the candidates of the right, would be most affected by a low turnout."

UAE currency: the story behind the money in your pockets
Updated: August 26, 2021, 6:55 PM