The UK assets of Alisher Usmanov, left, and Igor Shuvalov have been frozen in the latest tranche of British government sanctions. Getty Images/AFP
The UK assets of Alisher Usmanov, left, and Igor Shuvalov have been frozen in the latest tranche of British government sanctions. Getty Images/AFP
The UK assets of Alisher Usmanov, left, and Igor Shuvalov have been frozen in the latest tranche of British government sanctions. Getty Images/AFP
The UK assets of Alisher Usmanov, left, and Igor Shuvalov have been frozen in the latest tranche of British government sanctions. Getty Images/AFP

Who are Alisher Usmanov and Igor Shuvalov, the $19bn oligarchs hit by UK sanctions?


  • English
  • Arabic

Live updates: follow the latest news on Russia-Ukraine

The UK has imposed sanctions on two more oligarchs as it seeks to ratchet up pressure on Vladimir Putin in the face of his escalating attacks on Ukraine.

The assets of Russian billionaire Alisher Usmanov and former Russian deputy prime minister Igor Shuvalov, worth a combined $19bn, have been frozen, and neither are allowed to travel to the UK.

In addition, British citizens and businesses are prohibited from working with them.

The sanctions take the number of oligarchs penalised by the UK to date to 15, although the speed, comprehensiveness and effectiveness of the measures has been widely questioned.

Regardless of the effect they have on Mr Putin and the course of the war, both Mr Usmanov — whose $600m superyacht was seized in Germany on Thursday — and Mr Shuvalov will be feeling aggrieved. So who are these oligarchs and why have they been targeted?

Who is Alisher Usmanov?

Alisher Usmanov is a telecoms and mining magnate with a fortune estimated to be in the region of $14.1 billion.

He founded Megafon telecoms company and metals investment group USM Holding, in which he has a 49 per cent stake. Its largest holding is in iron ore and steel giant Metalloinvest.

Mr Usmanov's business partner and USM chairman is the Everton owner Farhad Moshri, where USM had a deal in place with the Premier League side to sponsor its training ground, and an option in place to name the club's new stadium, slated to open in 2024.

This deal was suspended on Wednesday with the club saying it was “shocked and saddened by the appalling events unfolding in Ukraine".

Mr Moshri has also stepped down from the USM board and expunged his ties with Mr Usmanov.

Alisher Usmanov has in the past described his pride at his closeness to Vladimir Putin. AP
Alisher Usmanov has in the past described his pride at his closeness to Vladimir Putin. AP

Everton wasn't Mr Usmanov's first dalliance in football.

He owned a 30 per cent stake in Arsenal which he relinquished in 2018 after years of fighting for overall control of the club with its current owner, the American billionaire Stan Kroenke.

Before moving into mining, Mr Usmanov made his fortune producing plastic bags which were in scarce supply in the former Soviet Union.

He also helmed Gazprom Investholding, a subsidiary of the Russian state gas firm Gazprom, between 2000 and 2014.

While his investing credentials don't exactly make him a congruent fit with the big tech ethos of Silicon Valley, Mr Usmanov was an early investor in Facebook.

He claims he has donated over $2.6 billion to charity.

Who is Igor Shuvalov?

Igor Shuvalov is a former Russian deputy prime minister who, until the UK sanctioned him, owned an £11.4 million ($15.3m) luxury flat in the heart of London.

The ex-lawyer's wealth is reportedly in the region of $200m.

A fluent English speaker, he was perceived as one of the most senior liberal figures in the Putin regime until he stood down in 2018 to head VEB, a Russian state investment company which funded successful bids for the 2018 football World Cup and the 2014 Sochi Winter Olympics.

Then Russian deputy prime minister Igor Shuvalov had the ear or Russia's leader, AFP
Then Russian deputy prime minister Igor Shuvalov had the ear or Russia's leader, AFP

Mr Shuvalov had denied owning luxury London properties — which he amalgamated into one flat — but this claim was disputed by Russian anti-corruption campaigner Alexei Navalny.

They were bought in 2014 by a group Mr Navalny linked to Mr Shuvalov, with the £11.4 million price more than a 100 times greater than the official £112,000 salary Mr Shuvalov declared to the government.

Mr Navalny also alleges Mr Shuvalov clandestinely used a £38m private jet to fly his wife’s Corgi dogs around Europe for competitions.

Mr Shuvalov is seemingly predisposed to the opulent. He is believed to rent a castle in Austria and also to have rented a beachfront property in Dubai.

.

Turkish Ladies

Various artists, Sony Music Turkey 

Jewel of the Expo 2020

252 projectors installed on Al Wasl dome

13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas

550 tonnes of moulded steel were raised last year to cap the dome

724,000 cubic metres is the space it encloses

Stands taller than the leaning tower of Pisa

Steel trellis dome is one of the largest single structures on site

The size of 16 tennis courts and weighs as much as 500 elephants

Al Wasl means connection in Arabic

World’s largest 360-degree projection surface

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

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

Explainer: Tanween Design Programme

Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.

The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.

It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.

The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.

Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”

Developer: Ubisoft Montreal / Ubisoft Toronto
Publisher: Ubisoft
Platforms: Playstation 4, Xbox One, Windows
​​​​​​​Release Date: April 10

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Ireland (15-1):

Ireland (15-1): Rob Kearney; Keith Earls, Chris Farrell, Bundee Aki, Jacob Stockdale; Jonathan Sexton, Conor Murray; Jack Conan, Sean O'Brien, Peter O'Mahony; James Ryan, Quinn Roux; Tadhg Furlong, Rory Best (capt), Cian Healy

Replacements: Sean Cronin, Dave Kilcoyne, Andrew Porter, Ultan Dillane, Josh van der Flier, John Cooney, Joey Carbery, Jordan Larmour

Coach: Joe Schmidt (NZL)

Updated: March 04, 2022, 3:01 PM`