Corey Lewandowski, a former aide to Donald Trump, attends a Trump rally on October 28, 2016 in Manchester, New Hampshire. AFP / Ryan McBride
Corey Lewandowski, a former aide to Donald Trump, attends a Trump rally on October 28, 2016 in Manchester, New Hampshire. AFP / Ryan McBride

Qatar hires firm founded by Trump aide to promote image abroad



Qatar has hired a firm founded by a former aide to US president Donald Trump to counter Saudi Arabia's lobbying efforts in Washington.
The battle between Qatar and the four Arab states who accuse it of supporting terrorist and extremist groups has expanded far beyond the region as the countries involved seek to promote their points of view abroad.
Saudi Arabia, the UAE, Bahrain and Egypt cut diplomatic and transport ties with Qatar on June 5 over the terrorist accusations, which Qatar denies.
Both sides of the conflict have attempted to garner international support during meetings with politicians and on the streets of cities abroad.
This month, taxi cabs in the UK displayed pro-Qatar slogans, while a Saudi Arabia lobby group has placed advertisements on US television putting Qatar in a negative light.
Qatar hired a firm associated with former Trump aide Corey Lewandowski, in pursuit of closer ties with the White House.

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Mr Lewandowski left the Trump campaign after Paul Manafort was hired as campaign manager. But there were unsavoury incidents such as his alleged assault on Michelle Fields, a reporter, who said Mr Lewandowski had grabbed her when she approached Mr Trump after a press conference to ask him a question. Mr Lewandowski was charged with simple battery but not prosecuted. During another campaign event last year, Mr Lewandowski was caught on video grabbing a protester by the collar. 
The firm includes several Republican figures well known in Washington's government district – including George E Birnbaum, a former chief of staff for Israeli prime minister Benjamin Netanyahu.
Mr Lewandowski, who helped the US president win the Republican primary last year, founded Avenue Strategies after his resignation from the Trump campaign.
He has since resigned from the firm, saying he was not happy with the direction it was taking.
The firm, based in Washington DC, provides clients with guidance in ways to "navigate our government", in a manner that is "discrete and exemplary".
The latest measure taken against Qatar by the quartet is the addition of 18 mostly Qatari-based individuals and organisations to a terrorist blacklist.
In a joint statement, the four countries said Doha was continuing to fall short of its promises on ending support for extremists.
Qatar responded saying that the new list "comes as a disappointing surprise that the siege countries continue to pursue as part of their campaign to discredit Qatar".
On Wednesday, Dr Anwar Gargash, Minister of State for Foreign Affairs, said that looking beyond Qatar was now the UAE's permanent policy towards its neighbour.
The minister said that "barring Qatar's review of past policies, [the] current state will continue for a while".
Dr Gargash's remarks came just hours before US secretary of state Rex Tillerson was scheduled to meet Qatari foreign minister Sheikh Mohammed bin Abdulrahman Al Thani for talks at the state department.
On Friday, Mr Tillerson said Qatar had made significant progress and called on the quartet to begin lifting some of the measures as a sign of good faith.
Qatar's emir, Sheikh Tamim Al Thani, meanwhile, said he was willing to begin talks.
Reports yesterday suggested that Doha had not shied away from spending money to shape public opinion in the US, and that it had paid US$2.5 million (Dh9.2m) to a law firm of former US attorney general John Ashcroft to audit its efforts at stopping terrorism funding.
It has also spent millions promoting its cause with various groups in the US.
The crisis, now in its second month, looks unlikely to ease with the quartet accusing of Qatar of funding terrorism and destabilising the region by interfering in Gulf countries' internal affairs and by strengthening ties with regional arch-rival Iran.
The countries have taken measures to pressure and isolate Qatar into restoring diplomatic ties by adhering to its demands, a list of 13 measures issued by the quartet on June 22. Those demands were rejected by Qatar and later replaced by a set of six "broad principles" by the boycotting countries.
Additional reporting by Associated Press

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

The specs: 2019 Mini Cooper

Price, base: Dh141,740 (three-door) / Dh165,900 (five-door)
Engine: 1.5-litre four-cylinder (Cooper) / 2.0-litre four-cylinder (Cooper S)
Power: 136hp @ 4,500rpm (Cooper) / 192hp @ 5,000rpm (Cooper S)
Torque: 220Nm @ 1,480rpm (Cooper) / 280Nm @ 1,350rpm (Cooper S)
Transmission: Seven-speed automatic
Fuel consumption, combined: 4.8L to 5.4L / 100km

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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
Pots for the Asian Qualifiers

Pot 1: Iran, Japan, South Korea, Australia, Qatar, United Arab Emirates, Saudi Arabia, China
Pot 2: Iraq, Uzbekistan, Syria, Oman, Lebanon, Kyrgyz Republic, Vietnam, Jordan
Pot 3: Palestine, India, Bahrain, Thailand, Tajikistan, North Korea, Chinese Taipei, Philippines
Pot 4: Turkmenistan, Myanmar, Hong Kong, Yemen, Afghanistan, Maldives, Kuwait, Malaysia
Pot 5: Indonesia, Singapore, Nepal, Cambodia, Bangladesh, Mongolia, Guam, Macau/Sri Lanka

The specs: Rolls-Royce Cullinan

Price, base: Dh1 million (estimate)

Engine: 6.75-litre twin-turbo V12

Transmission: Eight-speed automatic

Power: 563hp @ 5,000rpm

Torque: 850Nm @ 1,600rpm

Fuel economy, combined: 15L / 100km

The specs

Engine: 6.2-litre V8

Transmission: ten-speed

Power: 420bhp

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Price: Dh325,125

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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.”

PAKISTAN SQUAD

Abid Ali, Fakhar Zaman, Imam-ul-Haq, Shan Masood, Azhar Ali (test captain), Babar Azam (T20 captain), Asad Shafiq, Fawad Alam, Haider Ali, Iftikhar Ahmad, Khushdil Shah, Mohammad Hafeez, Shoaib Malik, Mohammad Rizwan (wicketkeeper), Sarfaraz Ahmed (wicketkeeper), Faheem Ashraf, Haris Rauf, Imran Khan, Mohammad Abbas, Mohammad Hasnain, Naseem Shah, Shaheen Afridi, Sohail Khan, Usman Shinwari, Wahab Riaz, Imad Wasim, Kashif Bhatti, Shadab Khan and Yasir Shah. 

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

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Price: From Dh439,000

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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"