MOGADISHU, Somalia // In a stealthy seaside assault in Somalia and in a raid in Libya's capital, US special forces yesterday struck out against Islamic extremists who have carried out terrorist attacks in East Africa, snatching a Libyan Al Qaeda leader allegedly involved in the bombings of US embassies 15 years ago but aborting a mission to capture a terrorist suspect linked to last month's Nairobi shopping mall attack after a fierce firefight.
A US Navy SEAL team swam ashore near a town in southern Somalia before militants of the Al Qaeda-linked terrorist group Al Shabab rose for dawn prayers, US and Somali officials told The Associated Press. The raid on a house in the town of Barawe targeted a specific Al Qaida suspect related to the mall attack, but the operation did not get its target, one current and one former US military official told AP.
Both officials spoke on condition of anonymity because they were not authorised to discuss the raid publicly.
In Washington, Pentagon spokesman George Little confirmed that US military personnel had been involved in a counterterrorism operation against a known Al Shabab terrorist in Somalia, but did not provide details.
US officials said there were no US casualties in either the Somali or Libyan operation.
The Somali raid was carried out by members of SEAL Team Six, the same unit that killed Al Qaeda leader Osama bin Laden in his Pakistan hideout in 2011, another senior US military official said, speaking on condition of anonymity because the official was not authorised to speak publicly.
But this time, SEAL Team Six members encountered fiercer resistance than expected so after a 15-20 minute firefight, the unit leader decided to abort the mission and they swam away, the official said. SEAL Team Six has responsibility for counterterrorism activities in the Horn of Africa.
Within hours of the Somalia attack, the US Army’s Delta Force carried out a raid in Libya’s capital, Tripoli, to seize a Libyan Al Qaeda leader wanted for the 1998 bombings of the US Embassies in Kenya and Tanzania that killed more than 220 people, the military official said. Delta Force carries out counterterrorism operations in North Africa.
The Pentagon identified the captured Al Qaeda leader as Nazih Abdul-Hamed Al Ruqai, known by his alias Anas Al Libi, who has been on the FBI’s most wanted terrorists list since it was introduced shortly after the September 11, 2001 attacks.
Al Libi “is currently lawfully detained by the US military in a secure location outside of Libya,” Pentagon spokesman Little said.
Saturday’s raid in Somalia occurred 20 years after the famous “Black Hawk Down” battle in Mogadishu in which a mission to capture Somali warlords in the capital went awry after militiamen shot down two US helicopters. Eighteen US soldiers were killed in the battle, and it marked the beginning of the end of that US military mission to bring stability to the Horn of Africa nation. Since then, US military intervention has been limited to missile attacks and lightning operations by special forces.
A resident of Barawe – a seaside town 240 kilometres south of Mogadishu – said by telephone that heavy gunfire woke up residents before dawn prayers.
The US forces attacked a two-storey beachside house in Barawe where foreign fighters lived, battling their way inside, said an Al Shabab fighter who gave his name as Abu Mohamed and who said he had visited the scene. Al Shabab has a formal alliance with Al Qaeda, and hundreds of men from the US, Britain and Middle Eastern countries fight alongside Somali members of Al Shabab.
A separate US official described the action in Barawe as a capture operation against a high-value target. The official said US forces engaged Al Shabab militants and sought to avoid civilian casualties. The US forces disengaged after inflicting some casualties on fighters, said the official, who was not authorised to speak by name and insisted on anonymity.
The leader of Al Shabab, Mukhtar Abu Zubeyr, also known as Ahmed Godane, claimed responsibility for the attack on the upscale mall in Nairobi, Kenya, a four-day terrorist siege that began on September 21 and killed at least 67 people. A Somali intelligence official said the Al Shabab leader was the target of Saturday’s raid.
An Al Shabab official, Sheikh Abdiaziz Abu Musab, said in an audio message that the raid failed to achieve its goals.
* Associated Press
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
RACE CARD
6.30pm: Maiden (TB) Dh82,500 (Dirt) 1,200m
7.05pm: Maiden (TB) Dh82,500 (D) 1,900m
7.40pm: Handicap (TB) Dh102,500 (D) 2,000m
8.15pm: Conditions (TB) Dh120,000 (D) 1,600m
8.50pm: Handicap (TB) Dh95,000 (D) 1,600m
9.25pm: Handicap (TB) Dh87,500 (D) 1,400m
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
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.”
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
How to join and use Abu Dhabi’s public libraries
• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.
• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.
• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.
• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.
• For more information visit the library network's website.
Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
The Specs
Price, base Dh379,000
Engine 2.9-litre, twin-turbo V6
Gearbox eight-speed automatic
Power 503bhp
Torque 443Nm
On sale now
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
Things Heard & Seen
Directed by: Shari Springer Berman, Robert Pulcini
Starring: Amanda Seyfried, James Norton
2/5
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
MATCH INFO
Chelsea 1
Alonso (62')
Huddersfield Town 1
Depoitre (50')
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
