The news last week must have hit Washington’s main partner in north-eastern Syria, the Kurdish-led Syrian Democratic Forces (SDF), like a punch in the gut: US troops had quietly pulled out of three military bases, including one near the crucial Al Omar oilfield and another near the city of Qamishli.
After serving as the tip of the spear in the 2019 defeat of ISIS, the SDF’s greatest fear has been abandonment by its main ally, leaving it exposed to Turkey, which views it as a terrorist group. Then US president Donald Trump first stirred such fears in late 2018, when he announced a full US withdrawal from Syria – which some Syrian Kurds described as a “stab in the back” – before walking back the decision.
Last month’s disastrous US withdrawal from Afghanistan renewed Syrian Kurds’ sense of dread, which seemed justified by news of the US’s departure. But the outlet that reported it turned out to be Iranian, and Washington issued a prompt denial.
“We remain committed to the 'Defeat Daesh' mission with our partner forces, the SDF,” Centcom told The National, referring to the 900 US military personnel in Syria as part of the coalition to defeat ISIS, Operation Inherent Resolve.
Still, the US pullout from Afghanistan seems doubly bad for Kurdish militant groups in Syria, as well as Iraq, where some 2,500 US troops are also focused on defeating ISIS. First, it serves as a lesson to US partners everywhere to not put one’s faith in Washington. Second, the global focus on Afghanistan, and the crucial role Turkey looks set to play there, is likely to give Ankara more of a free hand in dealing with foes across its southern border.
Ankara views the SDF as an extension of the Kurdistan Workers’ Party (PKK), which is designated a terrorist organisation by the US, has led an insurgency in south-eastern Turkey for decades and is headquartered in the Qandil Mountains of northern Iraq. Turkey has already used the Afghan distraction to launch a series of strikes, targeting Kurdish fighters and their purported allies in Iraq.
The day after the Taliban took Kabul, a Turkish air strike near Sinjar, in north-western Iraq, killed three Yazidi fighters, including Hassan Saeed, founding chief of a local coalition to fight ISIS.
This was possibly the Turkish military’s most high-profile assassination in years. Turkey views Saeed and his resistance group as another offshoot of the PKK. But Saeed, who created his Sinjar-based militant group after ISIS’s 2014 genocide against Yazidis, had been scheduled to meet Iraqi Prime Minister Mustafa Al Kadhimi that day, demonstrating his group’s inclusion in Iraq’s Security Services.
A week later, Turkish drones hit more than two dozen mostly agricultural targets in eastern Kurdistan, near the Iranian border – a demonstration that Ankara can strike anywhere in northern Iraq, not only the western areas that are its usual targets. The Iraqi government is unlikely to speak out against Turkey’s increased aggression because the two have embraced closer ties of late. Last week, Baghdad announced a major arms purchase from Turkey, including drones, helicopters and other advanced weaponry, although the deal is yet to be finalised.
In Syria, Turkish strikes over the past fortnight have killed some two dozen SDF fighters, including commander Sosin Ahmed, widely hailed for her bravery against ISIS, and Salahuddin Shahabi, commander of the group’s Hasakah-Qamishli headquarters. Kurds have controlled much of north-eastern Syria since the early days of the war against President Bashar Al Assad. Turkey has conducted two major assaults on the area, seizing Afrin in 2018 and a stretch of borderland from Ras Al Ain to Tal Abyad the following year, amid accusations of ethnic cleansing.
Kurdish forces continue to hold about 10,000 ISIS members in prisons and as many as 60,000 ISIS-affiliated women and children in camps – keeping a lid on a possible ISIS resurgence. In addition to the Turkish military, the SDF has been battling the last pockets of ISIS resistance and the Syrian government, which launched an assault on Qamishli in April, gaining a chunk of territory. Meanwhile, Iran-backed groups have launched assaults on US forces in Syria and Kurdish militants in Iraq in recent months.
Although supposedly under Russian protection, the mainly Kurdish area of north-eastern Syria stretching from Ain Issa to Tal Tamar has endured more than 800 Turkish attacks since the October 2019 ceasefire. But the targeted drone strikes are new and represent a possible expansion of Turkey’s operations in northern Iraq to north-eastern Syria. For Turkey’s beleaguered but still in-charge Justice and Development Party (AKP), the robust campaigns in Iraq and Syria may be an effort to court Devlet Bahceli, head of the AKP’s parliamentary partner, the far-right Nationalist Movement Party.
Mr Bahceli has long sought to outlaw the Kurdish-led People’s Democratic Party, a move under consideration by a Turkish court. If Turkish President Recep Tayyip Erdogan curbs his legal and military pressure on Kurdish groups, he may find himself further isolated politically.
The central question is whether the US has given tacit approval to Ankara. Last week, Wayne Marotto, spokesman of the US-led anti-ISIS coalition, said its mission was to defeat ISIS, not respond to Turkish strikes. The SDF criticised the US for “not taking any responsibility” and called on Moscow to uphold its end of the ceasefire.
SDF and other anti-ISIS outfits play a key role in the fight against Turkey’s main military foe in Afghanistan, ISIS-Khorasan
In an interview last week, US envoy Joey Hood seemed to suggest that Turkey, as a Nato ally, had privileges. “Turkey needs to take actions in its own national defence against terrorist activity,” Mr Hood said. “We have close co-ordination with Turkey.”
A bipartisan group of more than two dozen members of the US Congress sent a letter to US Secretary of State Antony Blinken last month, calling for an investigation into whether Turkey’s drone programme violates US law. Assuming that review does come to pass, politicians should stress that Turkey has been assassinating, one after another, military leaders who are not only US allies, but key figures in the fight against the world’s major terrorist group of the past decade.
Another element members of the US House of Representatives may want to highlight is that the SDF and other anti-ISIS outfits play a leading role in the fight against Turkey’s main military foe in Afghanistan, ISIS-Khorasan. According to experts on ISIS’s Afghan branch, the group has received as much as $100 million in funding, as well as strategic guidance and training, from the core ISIS outfit in Iraq and Syria.
Thus, the more Ankara erodes the ability of Kurdish and Yazidi militant groups to combat ISIS, the greater the chance Turkish forces could face ISIS-K attacks in Afghanistan, like the one that killed some 180 people at Kabul airport last month. By undermining the fight against ISIS and its affiliates, Turkish strikes in northern Iraq and Syria are possibly putting the world – and the Turkish military itself – in greater danger.
After its Afghan disaster, the US could regain a measure of international respect by using its significant military presence to de-escalate Turkey-Kurd tensions, encouraging stability in the region and beyond.
Otherwise, why stick around at all?
UAE currency: the story behind the money in your pockets
Company%20profile
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2024%20Dubai%20Marathon%20Results
%3Cp%3E%3Cstrong%3EWomen%E2%80%99s%20race%3A%3C%2Fstrong%3E%0D%3Cbr%3E1.%20Tigist%20Ketema%20(ETH)%202hrs%2016min%207sec%0D%3Cbr%3E2.%20Ruti%20Aga%20(ETH)%202%3A18%3A09%0D%3Cbr%3E3.%20Dera%20Dida%20(ETH)%202%3A19%3A29%0D%3Cbr%3EMen's%20race%3A%0D%3Cbr%3E1.%20Addisu%20Gobena%20(ETH)%202%3A05%3A01%0D%3Cbr%3E2.%20Lemi%20Dumicha%20(ETH)%202%3A05%3A20%0D%3Cbr%3E3.%20DejeneMegersa%20(ETH)%202%3A05%3A42%3C%2Fp%3E%0A
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
What's in the deal?
Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024
India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.
India will also cut automotive tariffs to 10% under a quota from over 100% currently.
Indian employees in the UK will receive three years exemption from social security payments
India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery
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.”
The more serious side of specialty coffee
While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.
The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.
Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”
One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.
Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms.
Company%20profile%20
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Pad Man
Dir: R Balki
Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte
Three-and-a-half stars
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
MATCH INFO
Manchester United v Everton
Where: Old Trafford, Manchester
When: Sunday, kick-off 7pm (UAE)
How to watch: Live on BeIN Sports 11HD
The specs: 2017 Ford F-150 Raptor
Price, base / as tested Dh220,000 / Dh320,000
Engine 3.5L V6
Transmission 10-speed automatic
Power 421hp @ 6,000rpm
Torque 678Nm @ 3,750rpm
Fuel economy, combined 14.1L / 100km
Charlotte Gainsbourg
Rest
(Because Music)
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
Killing of Qassem Suleimani
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
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