Iran has arrested two European citizens and accused them of trying to destabilise the country, the Intelligence Ministry announced on Wednesday.
The ministry did not specify the pair's nationality but said they had entered the country and attempted to get close to the teachers' union with the aim of "unleashing chaos and destabilising society".
For months, teachers in Iran have held protests to demand authorities speed up reforms that would see their salaries better reflect their experience and performance.
The ministry described the pair detained as "two experienced agents" hired by a European country’s intelligence apparatus. It said Iranian authorities had pursued them from “the moment of arrival” and that all their relations with the “illegal Council of Teachers League” were documented.
Sweden said one of its citizens, who was travelling as a tourist, has been detained in Iran, although it was not clear if that case was connected to the Intelligence Ministry’s announcement.
Iran has detained dozens of teachers since the protests began. In April, teachers' union member Rasoul Bodaghi was sentenced to five years in prison over his participation in the rallies, a human rights group said.
Iran's economy has been reeling under punishing sanctions that were reimposed by the United States in 2018, with civil servants among the hardest hit.
The detention comes as EU envoy Enrique Mora visits Iran over its stalled nuclear negotiations with world powers.
The deal, which saw Tehran limit its enrichment for the lifting of economic sanctions, appears deadlocked over an Iranian demand for America to delist the Islamic Revolutionary Guard Corps as a terrorist organisation.
Despite repeated Iranian claims that a separate deal would see billions of dollars in assets unfrozen and prisoners exchanged with the US, the State Department has repeatedly said no deal is imminent on either a prisoner swap or the nuclear deal.
The deal collapsed after then-president Donald Trump unilaterally withdrew from the accord in 2018. Iran has since accelerated its enrichment of uranium — including a small amount to 60 per cent purity, a short, technical step from weapons-grade levels.
Iran’s Foreign Minister Hossein Amirabdollahian offered his support for continuing negotiations.
“Talks for lifting sanctions in reaching good, strong and stable deal is being pursued in its right direction while observing Iran’s red lines,” he wrote on Twitter. However, hard-liners within Iran have criticised any possible bending on the deal or the listing of the IRGC.
Separately, the International Atomic Energy Agency, charged with monitoring Iran’s nuclear programme, has grown increasingly critical of Tehran’s failure to co-operate and its refusal to explain the traces of radioactive material at several undeclared nuclear sites in the country.
Iran has refused to release IAEA surveillance tapes of its nuclear facilities as well, worrying nuclear non-proliferation experts.
Another Iranian citizen faces a life sentence in Sweden.
Iran has long-faced allegations that it uses its arrests as a bargaining chip with the West.
Tehran denies the charges, although negotiations around its landmark 2015 nuclear deal led to Americans being freed in a swap.
Tehran already is threatening to execute Iranian-Swedish researcher Ahmad Reza Jalali, imprisoned since 2016.
Mr Jalali is a Swedish-Iranian physician who specialises in disaster relief and has taught at European universities. Rights groups have condemned his detention.
The announcement of his imminent execution came after Iran summoned its Swedish envoy over a trial in Sweden of an Iranian citizen charged over mass executions committed during the final phase of the Iran-Iraq war in the 1980s.
Swedish prosecutors are seeking life imprisonment for Hamid Nouri, who has been held in custody in Sweden since his arrest in Stockholm in November 2019. The Stockholm District Court said a verdict in the case was expected on July 14.
Napoleon
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Boston%20Strangler
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More from Rashmee Roshan Lall
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
COMPANY%20PROFILE
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Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20Z%20FLIP%204
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Global state-owned investor ranking by size
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1.
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United States
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2.
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China
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3.
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UAE
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4.
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Japan
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5
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Norway
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6.
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Canada
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7.
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Singapore
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8.
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Australia
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9.
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Saudi Arabia
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10.
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South Korea
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All%20The%20Light%20We%20Cannot%20See%20
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TOURNAMENT INFO
Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia
UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri
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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The National photo project
Chris Whiteoak, a photographer at The National, spent months taking some of Jacqui Allan's props around the UAE, positioning them perfectly in front of some of the country's most recognisable landmarks. He placed a pirate on Kite Beach, in front of the Burj Al Arab, the Cheshire Cat from Alice in Wonderland at the Burj Khalifa, and brought one of Allan's snails (Freddie, which represents her grandfather) to the Dubai Frame. In Abu Dhabi, a dinosaur went to Al Ain's Jebel Hafeet. And a flamingo was taken all the way to the Hatta Mountains. This special project suitably brings to life the quirky nature of Allan's prop shop (and Allan herself!).
Landfill in numbers
• Landfill gas is composed of 50 per cent methane
• Methane is 28 times more harmful than Co2 in terms of global warming
• 11 million total tonnes of waste are being generated annually in Abu Dhabi
• 18,000 tonnes per year of hazardous and medical waste is produced in Abu Dhabi emirate per year
• 20,000 litres of cooking oil produced in Abu Dhabi’s cafeterias and restaurants every day is thrown away
• 50 per cent of Abu Dhabi’s waste is from construction and demolition
UAE rugby in numbers
5 - Year sponsorship deal between Hesco and Jebel Ali Dragons
700 - Dubai Hurricanes had more than 700 playing members last season between their mini and youth, men's and women's teams
Dh600,000 - Dubai Exiles' budget for pitch and court hire next season, for their rugby, netball and cricket teams
Dh1.8m - Dubai Hurricanes' overall budget for next season
Dh2.8m - Dubai Exiles’ overall budget for next season
The specs: 2019 Chevrolet Bolt EV
Price, base: Dh138,000 (estimate)
Engine: 60kWh battery
Transmission: Single-speed Electronic Precision Shift
Power: 204hp
Torque: 360Nm
Range: 520km (claimed)
The specs
Price, base / as tested Dh1,470,000 (est)
Engine 6.9-litre twin-turbo W12
Gearbox eight-speed automatic
Power 626bhp @ 6,000rpm
Torque: 900Nm @ 1,350rpm
Fuel economy, combined 14.0L / 100km
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5