Austria's Chancellor Sebastian Kurz said Iran had promised to shed light on the role of the diplomat arrested in a bomb plot probe / AFP / ALEX HALADA
Austria's Chancellor Sebastian Kurz said Iran had promised to shed light on the role of the diplomat arrested in a bomb plot probe / AFP / ALEX HALADA

Bomb plotters were Iranian ‘sleeper cell’



A married couple detained in Belgium over a suspected plot to bomb a meeting of Iran opposition activists are believed to have been a long-term sleeper cell installed by the regime in Tehran, according to Belgian media reports.

The couple, named by activists as Amir Sadouni, 38, and Nasim Nomeni, 34, had lived in Belgium for years, taken citizenship and are suspected of having infiltrated the organisation they had allegedly planned to attack.

Following their arrest, they said that they had been operating under duress for fear of their families being harmed in Iran, but Belgian investigators believe they were long-term operators for the Tehran regime, according to Belgian daily Die Standaard citing unnamed security sources.

It reported that they had received the explosives earlier in the day during a handover in Luxembourg, which borders both Germany and Belgium.

The couple had both gained Belgian citizenship in part because of their claimed persecution as members of the Mujahideen-e-Khalq (MEK), seen by Tehran as a criminal network aimed at bringing down the government. It has been banned in Iran since 1981.

The MEK form the rump of the Paris-based National Council of Resistance of Iran (NCRI) which hosted Saturday’s rally just north of Paris that was earmarked for attack. The event went ahead as planned with speakers including Rudy Giuliani, the former New York mayor and lawyer for Donald Trump.

The MEK was once listed as a terrorist organisation by the United States and the European Union but now has strong backing from many of Mr Trump’s supporters as the government-in-exile of Iran.

Iran has sought to apportion blame for the bomb plot on the MEK and the semi-official Tasnim news agency reported on Wednesday that the arrested man was a member of the group. Pictures circulating among opposition groups were said to show the couple at MEK events.

The couple was arrested in a car in the suburbs of Brussels Saturday by Belgian investigators who found half-a-kilogramme of explosives and a detonator that was to be used for the attack, according to officials.

Police have searched a number of addresses in Belgium including the couple’s home in the southern suburbs of Antwerp. The NCRI claims that Mr Sadouni worked for a shipping company in both the Netherlands and Belgium, while Ms Nomeni went to Belgium in 2009 to marry him.

Belgium also Wednesday issued a warrant for a man of Iranian origin being held in France suspected of involvement in the plot.

An Iranian diplomat, based at the country’s embassy in Vienna, Austria, was also being held after being arrested in Germany on Saturday.

Iranian opposition figures claim that he has been in charge of intelligence at the embassy for the last four years and would have given the final order to the couple to carry out any attack.

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The arrest of the diplomat, Assadollah Assadi, has proved a diplomatic embarrassment for Iran as it coincided with a lobbying mission to Europe by President Hassan Rouhani to promote the Iran nuclear deal cut short by President Donald Trump who has demanded new sanctions on the regime and its supporters.

The other signatories to the deal, including Britain, Germany and France, have promised to continue doing business with Tehran despite pressure from the Trump administration and pledges to crack down on European companies involved in Iran.

The leaders’ support could be made more difficult if it transpires that Iran was the guiding hand behind a plot allegedly set to be carried out in France with links to at least three other European nations.

Mr Rouhani was in Vienna on Wednesday where he met Chancellor Sebastian Kurz and discussed the matter, according to the Austrian leader. Austria summoned Iran’s ambassador on Monday and informed him that they were stripping Mr Assadi of his diplomatic status and immunity from prosecution.

“We expect full clarification in connection with this and I thank you, Mr President, for assuring us that you will support this clarification,” Austrian Chancellor Sebastian Kurz said in a statement to reporters after the meeting.

Mr Rouhani did not mention the incident and took no questions from reporters. Iran has previously described the police operation as a “false flag” intended to detract from Mr Rouhani’s visit.

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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.”

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Tickets

Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

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
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • 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
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 

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
NO OTHER LAND

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

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

THE BIO

Favourite place to go to in the UAE: The desert sand dunes, just after some rain

Who inspires you: Anybody with new and smart ideas, challenging questions, an open mind and a positive attitude

Where would you like to retire: Most probably in my home country, Hungary, but with frequent returns to the UAE

Favorite book: A book by Transilvanian author, Albert Wass, entitled ‘Sword and Reap’ (Kard es Kasza) - not really known internationally

Favourite subjects in school: Mathematics and science

The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre

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Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

UAE - India ties

The UAE is India’s third-largest trade partner after the US and China

Annual bilateral trade between India and the UAE has crossed US$ 60 billion

The UAE is the fourth-largest exporter of crude oil for India

Indians comprise the largest community with 3.3 million residents in the UAE

Indian Prime Minister Narendra Modi first visited the UAE in August 2015

His visit on August 23-24 will be the third in four years

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visited India in February 2016

Sheikh Mohamed was the chief guest at India’s Republic Day celebrations in January 2017

Modi will visit Bahrain on August 24-25

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Three ways to get a gratitude glow

By committing to at least one of these daily, you can bring more gratitude into your life, says Ong.

  • During your morning skincare routine, name five things you are thankful for about yourself.
  • As you finish your skincare routine, look yourself in the eye and speak an affirmation, such as: “I am grateful for every part of me, including my ability to take care of my skin.”
  • In the evening, take some deep breaths, notice how your skin feels, and listen for what your skin is grateful for.
How Beautiful this world is!
While you're here
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'Doctor Strange in the Multiverse Of Madness' 

   

 

Director: Sam Raimi

 

Cast: Benedict Cumberbatch, Elizabeth Olsen, Chiwetel Ejiofor, Benedict Wong, Xochitl Gomez, Michael Stuhlbarg and Rachel McAdams

 

Rating: 3/5