The US blocked the flight carrying its citizens, permanent residents and Afghans with visas for several days. Galen Clarke / The National
The US blocked the flight carrying its citizens, permanent residents and Afghans with visas for several days. Galen Clarke / The National
The US blocked the flight carrying its citizens, permanent residents and Afghans with visas for several days. Galen Clarke / The National
The US blocked the flight carrying its citizens, permanent residents and Afghans with visas for several days. Galen Clarke / The National

Afghan evacuation flight departs Abu Dhabi after being held up by US red tape


James Haines-Young
  • English
  • Arabic

Americans and Afghan citizens who fled Kabul this week but were held up in Abu Dhabi after being denied entry to the United States are now on their way to the US.

The evacuees were hosted by the UAE while they were vetted by US officials and were given permission to enter the US, a UAE source told The National.

The flight was organised by an ad hoc group of US veterans called Project Dynamo to move 117 US and Afghan citizens out of Kabul on Tuesday. Project Dynamo said they were denied permission by the US to fly over Iraq and so rented a Kam Air flight to take people to Abu Dhabi and then on to the US from there.

Bryan Stern, who founded Project Dynamo and is aboard the flight, told the media that take-off from Abu Dhabi was initially denied by the US this week.

A representative for the Department of Homeland Security said that “all US-bound flights must follow the established safety, security and health protocols before they are cleared for departure".

The representative said that flight manifests must be “verified before departure to the US to ensure all passengers are screened appropriately".

The UAE source told The National that US officials completed the vetting of all those aboard the original flight and they departed aboard an Etihad plane early on Thursday morning.

The US State Department confirmed the departure to The National.

"The US Embassy worked around the clock to verify the accuracy of the passenger manifest and co-ordinate with the Department of Homeland Security on the ground to ensure the passengers were screened and vetted before they flew to the US," the spokesperson said.

Twenty-eight US citizens, 83 lawful permanent residents and six people with US Special Immigration Visas given to Afghans employed by the US military or other entities during the 20-year war in Afghanistan were aboard the Kam Air flight, Mr Stern said.

The US and its allies evacuated more than 123,000 civilians from Afghanistan before the August 31 deadline for American troops to leave.

However, thousands of American citizens, permanent residents or those with Special Immigrant Visas were left behind.

While the Taliban has urged Afghans to stay, they have said they would allow those with valid visas as well as foreign citizens to depart. It is unclear how many have left by plane since the US withdrawal. Kabul airport was closed in the immediate aftermath of the Taliban takeover but with foreign assistance, flights have resumed.

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Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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What is dialysis?

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

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It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

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Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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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.

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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The specs
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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.”

Updated: September 30, 2021, 10:48 AM