Pakistani protesters burn a poster Asia Bibi, acquitted after eight years on death row for blasphemy, in Hyderabad, Pakistan. Pervez Masih / AP
Pakistani protesters burn a poster Asia Bibi, acquitted after eight years on death row for blasphemy, in Hyderabad, Pakistan. Pervez Masih / AP

Imran Khan is caught between the past and the future



"We are at the losing end, even after winning the case." So spoke the husband of Asia Bibi, the Christian mother-of-five whose death penalty conviction for blasphemy was overturned by Pakistan's Supreme Court last week. Amid rumours she has fled Pakistan, the case has divided a nation and speaks to deep societal fractures that go beyond one family being torn apart for a decade and now fearing for their lives.

This, in a nutshell, is one of Prime Minister Imran Khan’s greatest tests, just months into his tenure. The former cricketing hero ran a campaign based on hope and progress but now finds himself caught between the future and the past – forced to assuage deeply conservative elements in Pakistan while trying to usher in a more peaceful future. Ms Bibi’s fate has unwittingly become an arena for that struggle. And as a result she finds herself at the mercy of forces far beyond her control.

The case has drawn battle lines in Pakistan and led to the murder of two prominent politicians who expressed support for Ms Bibi. When the Supreme Court voted last week to overturn her conviction and ordered her release, hardline Islamist groups lined the streets, blocking motorways and bringing parts of Lahore, Karachi and Islamabad to a standstill.

So febrile was the atmosphere that among the cries for her to be hanged, one Islamist leader reportedly said that all three supreme court judges “deserved to be killed”. It reflected the controversies surrounding blasphemy in Pakistan, which is often deployed by extremists to stir up hatred between people of different faiths.

Whatever the basis of the case, due process must prevail. Ms Bibi has served her time in prison and the Supreme Court's ruling must be respected. Governments and judges should never be swayed by the chants of a baying mob. Yet Mr Khan's administration quickly struck a deal with the Tehreek-e-Labaik (TLP) party, which led the protests, imposing a travel ban on Ms Bibi and facilitating a potential re-evaluation of her acquittal.

This sets a dangerous precedent, implying the administration will capitulate if there are enough angry chants, no matter how unjustified.

Moreover, it says little of the country’s security situation that Ms Bibi’s only opportunity to live a life free from harm or threat lies overseas, even after she has served her sentence. Meanwhile, Italy’s right-wing populist government has offered to assist her, suggesting her case could be politicised even more. Ms Bibi cannot be used as a poster girl for a campaign fuelling Islamophobia. But Mr Khan’s Faustian pact with the TLP is equally to blame, feeding a narrative of religious hatred and division and demonstrating just how much work the prime minister must do to shepherd his country into a more diverse, tolerant future.

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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

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Ronaldo's record at Man Utd

Seasons 2003/04 - 2008/09

Appearances 230

Goals 115

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Brief scores:

Manchester United 4

Young 13', Mata 28', Lukaku 42', Rashford 82'

Fulham 1

Kamara 67' (pen),

Red card: Anguissa (68')

Man of the match: Juan Mata (Man Utd)

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

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
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  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially

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.”

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Yahya Al Ghassani's bio

Date of birth: April 18, 1998

Playing position: Winger

Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda