Sudan's warring sides must immediately declare their commitment to a permanent ceasefire to end the conflict and the killing of civilians, the leaders of the country's neighbours said in a joint statement on Thursday.
The leaders, who met in Cairo, also called for an inclusive political dialogue on Sudan's future and the creation of an “executive mechanism” made up of regional foreign ministers to chart a plan to end the fighting and work towards a comprehensive solution to the crisis.
The foreign ministers will hold their first meeting in Chad and present their recommendations at the next summit of Sudan's neighbours. No dates were given.
Sudan's military-led Sovereign Council welcomed the plan and said the army was prepared to immediately cease hostilities if its foe, the paramilitary Rapid Support Forces, halted attacks on private homes, residential neighbourhoods and government installations and stopped looting.
“We will also be committed, once the war ends, to a political dialogue that leads to the formation of a civilian government that leads the nation in a transitional period ahead of elections,” it said.
There was no immediate reaction available from the RSF.
“We emphasise full respect for the sovereignty and unity of Sudan and its territorial integrity as well as non-interference in its domestic affairs and dealing with the current crisis as an internal affair,” the statement from Sudan's neighbours said.
“We also emphasise the non-interference in the crisis of any foreign parties that would perpetuate it or obstruct efforts to contain it.”
Sudan's neighbours include Egypt, Chad, Libya, the Central African Republic, Ethiopia, South Sudan and Eritrea.
Sudan has been mired in conflict between the army, led by Gen Abdel Fattah Al Burhan, and the RSF, led by his one-time deputy and ally Gen Mohamed Dagalo, since April.
The conflict has created a massive humanitarian crisis, displacing more than three million and leaving millions more trapped in the capital Khartoum, with little food, power or running water and scarce health services.
Of those displaced, more than 700,000 have crossed into neighbouring countries.
The plan outlined in the joint statement to end the war in Sudan reflected in large part proposals announced by Egyptian President Abdel Fattah El Sisi in his opening remarks at the meeting.
“It is a defining historical moment for Sudan, a country so close to our hearts that is going through a deep crisis that has negative consequences for security and stability in the world as well as [Sudan's] neighbouring nations,” the Egyptian leader said.
“The gravity of Sudan situation is not a secret to you … Sudan needs a comprehensive solution that responds to the hopes and aspirations of the Sudanese people.
“We call on the warring parties to stop the escalation and to start without delay serious negotiations that aim at reaching an immediate and sustainable ceasefire.”
Mr El Sisi also offered the use of his nation's territory to deliver humanitarian aid and warned that failure to grow crops in Sudan this summer because of the war could deepen the humanitarian crisis.
Arab League chief Ahmed Aboul Gheit made the same point when he addressed the meeting later, saying the Cairo-headquartered organisation was in contact with relevant Sudanese parties to save the summer's farming season.
The UN says 25 million people in Sudan – more than half the population – currently need food aid.
Thursday's meeting is the latest international attempt to end the three-month war in Sudan.
Previous attempts produced short-term ceasefires that were breached by both sides.
This week, the UN said Sudan was moving towards full-scale civil war. The US said the warring sides had no political will to end the fighting.
Leaders of Sudan's neighbours who took the floor after Mr El Sisi agreed the war was posing a serious threat to regional stability.
Eritrean President Isaias Afwerki backed the Egyptian peace plan, but warned the blueprint needed patience and time to bear fruit.
“It is the start of a very long march because shifting the current conditions of the Sudanese people to safe shores will take time, effort and resources,” he said.
South Sudan's President Salva Kiir said any solution to the crisis should respect the sovereignty and territorial integrity of Sudan. Like Mr Afwerki, Mr Kiir warned against foreign intervention in Sudan.
President of the Central African Republic Faustin-Archange Touadera said the arrival in his country of 15,000 Sudanese fleeing the war has compounded the problems of the border area where they have settled. He cited climate change, food and fuel shortages as well as terrorist attacks.
Egypt is heavily invested in the stability and security of Sudan, with whom it has been on-and-off allies for decades. Cairo views Sudan as part of its national security sphere.
Sudan controls the middle reaches of the Nile, which Egypt depends on for nearly all its freshwater needs. Cairo also regards Sudan's vast agricultural potential as a possible source of food for its rapidly growing population.
The two countries are also bound by centuries-old social, cultural and economic ties.
Desert Warrior
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Director: Rupert Wyatt
Rating: 3/5
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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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.”
Real Madrid 1
Ronaldo (87')
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Williams (14')
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
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The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
The specs
Engine: 2.9-litre twin-turbo V6
Power: 540hp at 6,500rpm
Torque: 600Nm at 2,500rpm
Transmission: Eight-speed auto
Kerb weight: 1580kg
Price: From Dh750k
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Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
GOLF’S RAHMBO
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- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
UAE currency: the story behind the money in your pockets
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Rating: 4 stars
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
UAE currency: the story behind the money in your pockets
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Florida: The critical Sunshine State
Though mostly conservative, Florida is usually always “close” in presidential elections. In most elections, the candidate that wins the Sunshine State almost always wins the election, as evidenced in 2016 when Trump took Florida, a state which has not had a democratic governor since 1991.
Joe Biden’s campaign has spent $100 million there to turn things around, understandable given the state’s crucial 29 electoral votes.
In 2016, Mr Trump’s democratic rival Hillary Clinton paid frequent visits to Florida though analysts concluded that she failed to appeal towards middle-class voters, whom Barack Obama won over in the previous election.