Sistan and Baluchestan province, where Wednesday's attack took place, has been hit by unrest involving gangs, rebels and extremist groups. Reuters
Sistan and Baluchestan province, where Wednesday's attack took place, has been hit by unrest involving gangs, rebels and extremist groups. Reuters
Sistan and Baluchestan province, where Wednesday's attack took place, has been hit by unrest involving gangs, rebels and extremist groups. Reuters
Sistan and Baluchestan province, where Wednesday's attack took place, has been hit by unrest involving gangs, rebels and extremist groups. Reuters

Policeman killed in clashes with militants in south-eastern Iran


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A police officer was killed in clashes with militants in the south-east of Iran early on Wednesday, the official Islamic Republic News Agency said.

Gunmen attacked a checkpoint in Rask County in the province of Sistan and Baluchestan at about 1.30am local time, Irna reported.

The clashes lasted about three hours before the arrival of police reinforcements prompted the attackers to withdraw, it said.

"In an exchange of fire this morning between forces from a police station in Rask and members of an armed group, one of the policemen was killed," it added.

Sistan and Baluchestan is one of the few majority-Sunni provinces in Shiite-majority Iran and has been plagued by persistent unrest involving drug-smuggling gangs and rebels from the Baluchi ethnic minority, as well as extremist groups.

The attack was claimed by the hardline militant group Jaish Al Adl (Army of Justice) in a brief statement on its Telegram channel, according to AFP.

Jaish Al Adl was formed in 2012 and is blacklisted by Iran as a terrorist group.

This was the second attack by gunmen in a month against police in the province after one in mid-December in which eleven police officers were killed and seven wounded, Irna said.

Last week, Iran's Interior Minister Ahmad Vahidi announced new measures to firm up security along the porous border, following twin suicide bombings claimed by ISIS that killed more than 90 people at a high-profile state event in the southern city of Kerman.

Mr Vahidi said authorities had identified "priority points to block along the border".

On Wednesday, he confirmed one of the suicide bombers was a Tajik, and the "second one was most likely also Tajik", Irna reported.

ISIS draws many recruits from the Tajik ethnic group, who live primarily in Afghanistan, Tajikistan and Uzbekistan. The attacks on Kerman were claimed by the branch of ISIS based in Afghanistan.

Many Tajiks were active fighters and field leaders when the terrorist group controlled large areas in Iraq from mid-2014 to late 2017.

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Canada

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Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

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Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Updated: January 10, 2024, 12:40 PM