Reports of terrorist atrocities appear almost daily now. In the past weeks, hotels have been taken over by militants who murdered guests and staff in Bamako, Mali and Ouagadougou, Burkina Faso. A Jewish teacher escaped being killed in a machete attack in Marseille on Monday only by shielding himself with the prayer book he was carrying. An oil terminal in Libya was set ablaze by ISIL last week in an act that could cost the country, already severely affected by the low price, three million barrels.
And where I am, in Malaysia, everyone is mindful that it is less than two weeks since bombs went off in Jakarta, the Indonesian capital and a city familiar to the many who travel there for business or leisure.
SouthEast Asia – home to around 250 million Muslims – has been here before. Having suffered bombings twice, in 2003 and 2009, Jakarta has long imposed airport-style security screening at hotels and shopping malls. Bali was hit in 2002, when 202 perished in nightclub bombings.
The names of the terrorist groups in the region who falsely claim religious justification are well-known: principally Jemaah Islamiyah in Indonesia, and Abu Sayyaf and Biff (the Bangsomoro Islamic Freedom Fighters) in the Philippines.
The current threat from ISIL does, however, feel different. Early last year, I wondered how it was that no successful terrorist attack had taken place in Malaysia’s capital, Kuala Lumpur. Was it just luck, or were the security forces doing an exceptional job unknown to the general public?
A little while later, a briefing from a special branch officer corrected any misconceptions I may have had. The stream of recent arrests – including that of a suspected seven-member ISIL cell last week – confirms, as Malaysia’s prime minister, Najib Tun Razak, put it on Monday when he opened a conference on countering violent extremism, that “the threat is very real”.
One difference from the past is that some of the region’s terrorist groups are purely locally-focused. Biff, for instance, is a faction of the Moro Islamic Liberation Front that broke away because it would not accept autonomy for the Muslim-majority southern Philippines; it wants full independence instead. Abu Sayyaf, on the other hand, is considered by some experts to be a group of kidnappers and extortionists driven by greed rather than principle.
Abu Sayyaf are a risk to anyone in the seas around eastern Borneo – they recently beheaded a Malaysian hostage, Bernard Then, reportedly because negotiations for his ransom had broken down. They have also supposedly pledged allegiance to ISIL. But unless their modus operandi and capabilities have significantly changed, neither they nor Biff are deemed historically likely to mount attacks in major urban areas.
ISIL’s success in recruiting people through the internet and social media changes the equation. The young man in Marseille had no known links to extremist groups and no police record, and was a good student. His parents had no idea he had self-radicalised. The Jakarta attacks, meanwhile, were planned and directed from Syria by an Indonesian member of ISIL, Bahrun Naim.
Much more than before there is a sense that, in terms of a terrorist strike, “it is not a question of ‘if’ but ‘when’”, as Singapore’s home minister, K Shanmugan, put it in a speech a week ago. Whether it is the 200 or so Malaysians and Indonesians who make up Katibah Nusantara – the Malay Archipelago unit of ISIL – or the lone teenager spending too many hours on the internet, we have been warned that our cities are their targets.
The announcement by a Malaysian minister that Bangsar, a Kuala Lumpur suburb where my family shop and dine out regularly, was high up the terrorists’ list, particularly struck home. Could taking our five-year-old son to his favourite restaurant put our lives in danger?
Deradicalisation programmes are well established in the region, and Kuala Lumpur will soon host a regional digital counter-messaging communications centre that will play an important role in fighting ISIL’s all-too-effective use of social media.
But the real changes are going to be a toughening of surveillance and police measures throughout the region. Singapore, already tightly monitored, has said that it intends to strengthen its security forces, intelligence-gathering and border protection.
At the end of last year, Malaysia’s Mr Najib came in for criticism from human rights groups over the passing of the National Security Council Act, which will allow the declaration of “security zones” in which the authorities would have a wide remit to arrest, search and seize without a warrant.
Mr Najib is adamant that the new law is necessary – and recent moves by the Indonesian government suggest others in the region agree. “Our law didn’t allow us to arrest anyone before a crime is committed,” said Indonesia’s security minister, Luhut Pandjaitan, recently. This would be changed, he explained, “because we understand the security agencies need more authority to carry out pre-emptive operations”.
At the counter-extremism conference on Monday, Mr Najib was firm. “It is right to talk about striking a balance between civil liberties and national security,” he said. “But, let me tell you this: there are no civil liberties under Daesh, and they are no shield against those who are set on committing acts of terrorism. The best way to uphold civil liberties is to ensure the safety of the nation.”
As long as the shadow of ISIL persists, that is likely to be the new normal in Malaysia and the region – just as it is in France, Belgium and the many other countries that have decided that the balance must err on the side of precaution. One assumes that the families of the four civilians who died in Jakarta would agree.
Sholto Byrnes is a senior fellow at the Institute of Strategic and International Studies, Malaysia
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
RESULTS
Women:
55kg brown-black belt: Amal Amjahid (BEL) bt Amanda Monteiro (BRA) via choke
62kg brown-black belt: Bianca Basilio (BRA) bt Ffion Davies (GBR) via referee’s decision (0-0, 2-2 adv)
70kg brown-black belt: Ana Carolina Vieira (BRA) bt Jessica Swanson (USA), 9-0
90kg brown-black belt: Angelica Galvao (USA) bt Marta Szarecka (POL) 8-2
Men:
62kg black belt: Joao Miyao (BRA) bt Wan Ki-chae (KOR), 7-2
69kg black belt: Paulo Miyao (BRA) bt Gianni Grippo (USA), 2-2 (1-0 adv)
77kg black belt: Espen Mathiesen (NOR) bt Jake Mackenzie (CAN)
85kg black belt: Isaque Braz (BRA) bt Faisal Al Ketbi (UAE), 2-0
94kg black belt: Felipe Pena (BRA) bt Adam Wardzinski (POL), 4-0
110kg black belt final: Erberth Santos (BRA) bt Lucio Rodrigues (GBR) via rear naked choke
2018 ICC World Twenty20 Asian Western Regional Qualifier
The top three teams progress to the Asia Qualifier
Final: UAE beat Qatar by nine wickets
Third-place play-off: Kuwait beat Saudi Arabia by five runs
Table
1 UAE 5 5 0 10
2 Qatar 5 4 1 8
3 Saudi 5 3 2 6
4 Kuwait 5 2 3 4
5 Bahrain 5 1 4 2
6 Maldives 5 0 5 0
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Company%20Profile
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More on Quran memorisation:
MATCH INFO
Newcastle United 2 (Willems 25', Shelvey 88')
Manchester City 2 (Sterling 22', De Bruyne 82')
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.”
Drishyam 2
Directed by: Jeethu Joseph
Starring: Mohanlal, Meena, Ansiba, Murali Gopy
Rating: 4 stars
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
Spare
Profile
Company name: Spare
Started: March 2018
Co-founders: Dalal Alrayes and Saurabh Shah
Based: UAE
Sector: FinTech
Investment: Own savings. Going for first round of fund-raising in March 2019
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Sunday's fixtures
- Bournemouth v Southampton, 5.30pm
- Manchester City v West Ham United, 8pm
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Ticket prices
- Golden circle - Dh995
- Floor Standing - Dh495
- Lower Bowl Platinum - Dh95
- Lower Bowl premium - Dh795
- Lower Bowl Plus - Dh695
- Lower Bowl Standard- Dh595
- Upper Bowl Premium - Dh395
- Upper Bowl standard - Dh295
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now