Children play along a street amid damaged buildings in the besieged area of Homs on January 27, 2014. The United States called on the Syrian government on Monday to allow aid convoys into the Old City of Homs, where "people are starving", and said that all civilians must be allowed to leave the besieged area freely. Thaer Al Khalidiya/Reuters
Children play along a street amid damaged buildings in the besieged area of Homs on January 27, 2014. The United States called on the Syrian government on Monday to allow aid convoys into the Old CityShow more

Syria talks deadlocked over power transfer



GENEVA // Syrian peace talks in Geneva were deadlocked on Monday over the explosive issue of transferring power from President Bashar Al Assad’s regime.

Delegates from both sides said they were not planning to walk away from the talks, even though a session on Monday had broken up with no progress after the regime set out a statement of principles that included protecting the country’s sovereignty, preserving state institutions and stopping the threat from “terrorist” groups.

The opposition rejected the regime’s statement, saying talks needed to focus on a political transition, and the UN and Arab League mediator Lakhdar Brahimi ended the session.

“The discussions were not constructive today because of the regime’s strategy to deflect ... [and] change the subject by talking of terrorism,” said Rima Fleihan, a member of the opposition Syrian National Coalition delegation.

Buthaina Shaaban, an adviser to Mr Al Assad in the regime’s delegation, said the opposition had rejected discussion of anything other than the creation of a transitional government.

She said the government had presented a statement of “political principles which we thought no two Syrian persons should disagree with”.

“We were surprised that this basic paper was rejected by the other side, who either does not have the capacity to acknowledge Syria and its territorial integrity, or they don’t care about what’s happening to the Syrian people,” Ms Shaaban said.

Asked if they were planning to leave the talks, Syrian deputy foreign minister, Faisal Muqdad, said: “Never! We shall not leave the table.”

Ms Fleihan also said there were no plans for the opposition to leave the UN-sponsored talks.

The two sides have been brought together in the biggest diplomatic push yet to end a civil war that has left more than 130,000 dead and forced millions from their homes.

The opposition says Mr Al Assad must leave power and a transitional government be formed based on an agreement reached during a first peace conference in Geneva in 2012.

The regime says Mr Al Assad’s role is not up for debate at this conference – dubbed Geneva 2 – and denies that the initial Geneva deal requires him to go. It also accuses the opposition and its international backers of promoting “terrorism” in the country, pointing to militant Islamist rebel groups such as the Islamic State of Iraq and the Levant (Isil) and the Al Nusra Front.

The only positive to emerge from three days of talks so far came on Sunday, when Mr Brahimi announced that the regime had agreed to allow women and children safe passage from the city of Homs.

Hundreds of families are believed to be trapped in the city, which has been under siege since June 2012 after rebels there rose against the regime.

Mr Brahimi said on Monday that the both sides were still discussing how to implement the regime’s offer, and that there had been no decision on allowing access for an aid convoy into the city.

“I told you yesterday that there was an agreement by the government that women and children can come out of Old City in Homs, I think they still discussing how that can be done. I think that the government is willing to make it happen, but it is not easy because there are snipers and there are all sorts of problems,” Brahimi said.

He added: “Unfortunately there is no agreement on a ceasefire or the alleviation of the level of violence practised in Syria.”

Besides fighting between Syrian rebels and forces loyal to the regime, the past few weeks have also seen bitter infighting between the Al Qaeda-linked Isil and more moderate groups that has left more than 1,400 people dead across northern Syria.

Reports emerged on Monday that the fighting had claimed a senior figure in Isil earlier this month. The militant, an Iraqi who went by the nom de guerre of Haji Bakr, was killed in the town of Tal Rifaat in the northern province of Aleppo, according to the Britain-based Syrian Observatory for Human Rights monitoring group.

Also Monday, the international mission to rid Syria of its chemical weapons said a second batch of toxic chemicals has been removed from the country.

The United Nations and the Organisation for the Prohibition of Chemical Weapons said the materials were verified before being loaded onto Danish and Norwegian ships and taken out of the country. The vessels were accompanied by a naval escort provided by China, Denmark, Norway and Russia, the mission said.

The UN spokesman Khaled Al Masri in Damascus said it was the second shipment of chemicals to leave Syria. The first batch of poison gas precursor agents was removed nearly three weeks ago.

* Agence France-Presse with additional reporting by Reuters and the Associated Press

THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

Company%C2%A0profile
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The flights: South African Airways flies from Dubai International Airport with a stop in Johannesburg, with prices starting from around Dh4,000 return. Emirates can get you there with a stop in Lusaka from around Dh4,600 return.
The details: Visas are available for 247 Zambian kwacha or US$20 (Dh73) per person on arrival at Livingstone Airport. Single entry into Victoria Falls for international visitors costs 371 kwacha or $30 (Dh110). Microlight flights are available through Batoka Sky, with 15-minute flights costing 2,265 kwacha (Dh680).
Accommodation: The Royal Livingstone Victoria Falls Hotel by Anantara is an ideal place to stay, within walking distance of the falls and right on the Zambezi River. Rooms here start from 6,635 kwacha (Dh2,398) per night, including breakfast, taxes and Wi-Fi. Water arrivals cost from 587 kwacha (Dh212) per person.

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 

Getting there

The flights

Emirates and Etihad fly to Johannesburg or Cape Town daily. Flights cost from about Dh3,325, with a flying time of 8hours and 15 minutes. From there, fly South African Airlines or Air Namibia to Namibia’s Windhoek Hosea Kutako International Airport, for about Dh850. Flying time is 2 hours.

The stay

Wilderness Little Kulala offers stays from £460 (Dh2,135) per person, per night. It is one of seven Wilderness Safari lodges in Namibia; www.wilderness-safaris.com.

Skeleton Coast Safaris’ four-day adventure involves joining a very small group in a private plane, flying to some of the remotest areas in the world, with each night spent at a different camp. It costs from US$8,335.30 (Dh30,611); www.skeletoncoastsafaris.com

UAE jiu-jitsu squad

Men: Hamad Nawad and Khalid Al Balushi (56kg), Omar Al Fadhli and Saeed Al Mazroui (62kg), Taleb Al Kirbi and Humaid Al Kaabi (69kg), Mohammed Al Qubaisi and Saud Al Hammadi (70kg), Khalfan Belhol and Mohammad Haitham Radhi (85kg), Faisal Al Ketbi and Zayed Al Kaabi (94kg)

Women: Wadima Al Yafei and Mahra Al Hanaei (49kg), Bashayer Al Matrooshi and Hessa Al Shamsi (62kg)

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

'Nope'
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MATCH INFO

Uefa Champioons League semi-final, first leg:

Liverpool 5
Salah (35', 45 1'), Mane (56'), Firmino (61', 68')

Roma 2
Dzeko (81'), Perotti (85' pen)

Second leg: May 2, Stadio Olimpico, Rome

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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.”

Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final