Worshippers passed quietly through metal detectors as they entered the central mosque in China's far western city of Kashgar under the stern gaze of police officers.
The increasingly strict curbs imposed on the mostly Muslim Uighur population have stifled life in the tense Xinjiang region, where beards are partially banned and no one is allowed to pray in public.
For years, the square outside the mosque in Kashgar was packed with crowds at the end of Ramadan as worshippers jostled for space to unroll their prayer rugs. But no longer.
This year, an eerie silence hung over the plaza outside the imposing prayer hall as devotees gathered to mark the end of a month of fasting - the lowest turnout in a generation according to residents.
Authorities declined to comment on the numbers. But local businessmen said the government had used the numerous checkpoints encircling the city to prevent travellers to Kashgar from joining Eid prayers.
"This is not a good place for religion," said one trader.
Beijing says the restrictions and heavy police presence seek to control the spread of Islamic extremism and separatist movements, but analysts warn that Xinjiang is becoming an open air prison.
China is "essentially creating a police state of unprecedented scale", said James Leibold, an expert on Chinese security at Australia's La Trobe University.
The government began ramping up security and religious restrictions in Xinjiang in 2009, following a series of riots in the regional capital Urumqi that left about 200 dead.
In March, President Xi Jinping ordered security forces to build a "great wall of steel" around the region after Uighurs claiming to belong to a division of ISIL in Iraq threatened to return home and "shed blood like rivers".
Over the past year, Beijing has flooded Xinjiang with tens of thousands of security personnel, placed police stations on nearly every block, and rolled out tough regulations aimed at "eliminating extremism".
Public signs say no one is permitted to pray in public or grow a beard before the age of 50, while government employees are forbidden from fasting during Ramadan.
In Tashkurgan, near the Pakistan border, authorities shut a halal restaurant as "punishment" for refusing to serve food during the holiday, according to a shopkeeper working next door.
According to a teacher and a government official, schools discourage students from using the traditional Arabic Muslim greeting "As-Salaam Alaikum".
"The government thinks this Islamic word is equal to separatism," the official said.
The region's ubiquitous surveillance cameras are particularly abundant in places of worship: an empty mosque in the southern city of Yarkand had three of them pointing directly at the spot where the imam leads prayers. Even more hung from the wooden rafters like bats.
At police stations, officers monitor screens with direct feeds from mosques as well as other buildings and nearby streets.
In the run-up to Eid in the south-western desert oasis town of Hotan, police manned checkpoints with rifles and crude spears made from metal pipes.
At one intersection, men in bulletproof vests stopped traffic for a fleet of dozens of heavily armoured trucks, personnel carriers with mounted guns and black vans.
The caravans patrolled the city every day during the month of Ramadan, a police officer said.
At a mosque in the heart of Hotan, Muslims gathering for Friday prayers passed through a police barricade and showed identity documents at two checkpoints before entering.
Inside, plainclothes men with Communist Party lapel pins and sunglasses kept a close eye on hundreds of worshippers.
At the front of the mosque, an electronic signboard reminded people that "the greatest task for Xinjiang's masses is harmonising ethnic unity and religion".
Such signs are common throughout Xinjiang, where tensions between Uighurs and the majority Han ethnic group have led to violence.
Chinese authorities have long linked their crackdown on Uighur Muslims to international counter-terrorism efforts, arguing that separatists are bent on joining foreign extremist groups such as Al Qaeda.
Uighurs have been tied to mass stabbings and bombings that have killed dozens across the country in recent years. Riots and clashes with the government killed hundreds more.
Worries about extremism notwithstanding, many Xinjiang residents fear the loss of their cultural identity and question whether the government has gone too far.
"We don't want it to become another Pakistan or Afghanistan," a shopkeeper in Tashkurgan said, fearing violence could spill into China from the nearby countries.
But, he added, "only a small minority of Muslims are extremists. The Chinese government can't differentiate."
Europe wide
Some of French groups are threatening Friday to continue their journey to Brussels, the capital of Belgium and the European Union, and to meet up with drivers from other countries on Monday.
Belgian authorities joined French police in banning the threatened blockade. A similar lorry cavalcade was planned for Friday in Vienna but cancelled after authorities prohibited it.
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
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
COMPANY PROFILE
Name: Lamsa
Founder: Badr Ward
Launched: 2014
Employees: 60
Based: Abu Dhabi
Sector: EdTech
Funding to date: $15 million
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.”
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Raha%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Kuwait%2FSaudi%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Tech%20Logistics%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2414%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Soor%20Capital%2C%20eWTP%20Arabia%20Capital%2C%20Aujan%20Enterprises%2C%20Nox%20Management%2C%20Cedar%20Mundi%20Ventures%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20166%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
Real estate tokenisation project
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.
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.8-litre%204-cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C200rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20320Nm%20from%201%2C800-5%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESeven-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%206.7L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh111%2C195%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
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
Winners
Best Men's Player of the Year: Kylian Mbappe (PSG)
Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)
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Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)
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Best Coach of the Year: Roberto Mancini (Italy)
Best National Team of the Year: Italy
Best Agent of the Year: Federico Pastorello
Best Sporting Director of the Year: Txiki Begiristain (Manchester City)
Player Career Award: Ronaldinho