In December 2015, the creation of an Islamic Military Alliance, consisting of more than 30 member states, was announced by Mohammed bin Salman, Saudi Arabia’s minister of defence.
Some months later, rumours were rife that Gen Raheel Sharif, Pakistan’s former military chief, had been offered the job of heading this coalition. His appointment has been reported in some media outlets, although it has not been officially confirmed.
Perhaps the most important question surrounding the organisation is what is it intended to do? We have two historical alliances to draw parallels from to seek an answer: Nato and the Warsaw Pact.
Nato is an alliance that was originally intended to protect Europe from Russian expansionism. The Warsaw Pact was a pact of the Soviet Union and its allies against Nato. Both had identifiable opponents in other countries. The Islamic Military Alliance is designed to tackle extremism, but terrorists are most often the “enemy within”. How can other countries help fight the enemy within?
As I understand it, at least in the beginning, no real military action is envisaged for an organisation that has been described in some circles as the “Muslim Nato”. It will essentially be focusing on non-kinetic means to combat terrorism.
The focus is intended to target the funding of terrorists and cross-border movement of extremists. Both these subjects are of increasing importance.
Terrorists seem to filter through all borders and continue to find support and access to weapons.
The implications of this set of realities are numerous. Foremost is that in all countries where terrorism is rife, there are some people so disillusioned with governance that they are prepared to go to any lengths to find an alternative – however ugly and inhuman that may be.
So the key item this alliance will seek to address is the increasing tide of extremism, primarily among Muslim-majority countries of the region.
That terrorism can only exist where corruption is rampant – and must be dependent on the corrupt to permit the flow of illegal funds, weapons and resources – is fully accepted.
Therefore, the next issue on the alliance’s agenda will be the eradication of corruption.
I gather that the constitution of this alliance is still being written. However, I am reliably informed that all these aspects are likely to be included. Other aspects will focus on border and inland security.
I also gather that, for the present at least, the alliance will neither seek to raise any military force of its own, nor will it seek to requisition or organise a voluntarily contributed force, like the UN does.
However, provisions for options to be exercised may well be included in the constitution.
If Gen Raheel does head this alliance, I am quite certain that it will not be long before he ensures that Shia majority countries are included in the alliance. All this seems very encouraging.
Among the first of Donald Trump’s policy statements when he took office was his intent to target Islamic extremism. Perhaps this alliance has, albeit unknowingly, pre-empted Mr Trump’s clarion call.
I am told that China and the United States are both supportive of this initiative. In which case, Mr Trump may well assist this initiative and see how successful it might be, before he decides on a more interventionist policy.
My concern in all of this is a more basic one. The nexus between corruption and terrorism is recognised and will be targeted in an attempt to exploit it. However, corruption cannot be rampant where justice exists.
Therefore, for the kind of corruption to exist that terrorists need, injustice is a prerequisite. Second, if even such visibly evil and inhuman terrorist organisations can attract a following in virtually all Muslim majority countries of the region, the malaise in the judicial system and in governance must be very deep and consistent over a period long enough to deprive people of hope from any other less-evil source.
The efforts of this alliance, or any other organisation anywhere, are unlikely to be fruitful unless these also address the need for justice and governance. Both these are issues of state and, if the disillusionment has been sufficiently prolonged for people to espouse terrorism, affected states have, obviously, let the people’s injuries fester for too long.
Consequently, the real question is whether the alliance will be prepared to address these issues as well and, more importantly, will member states be prepared to correct these if the errors are pointed out?
Brig Shaukat Qadir is a retired Pakistani infantry officer
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
TO A LAND UNKNOWN
Director: Mahdi Fleifel
Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa
Rating: 4.5/5
Match info
Athletic Bilbao 0
Real Madrid 1 (Ramos 73' pen)
TUESDAY'S ORDER OF PLAY
Centre Court
Starting at 2pm:
Malin Cilic (CRO) v Benoit Paire (FRA) [8]
Not before 4pm:
Dan Evans (GBR) v Fabio Fogini (ITA) [4]
Not before 7pm:
Pablo Carreno Busta (SPA) v Stefanos Tsitsipas (GRE) [2]
Roberto Bautista Agut (SPA) [5] v Jan-Lennard Struff (GER)
Court One
Starting at 2pm
Prajnesh Gunneswaran (IND) v Dennis Novak (AUT)
Joao Sousa (POR) v Filip Krajinovic (SRB)
Not before 5pm:
Rajeev Ram (USA) and Joe Salisbury (GBR) [1] v Marin Cilic v Novak Djokovic (SRB)
Nikoloz Basilashvili v Ricardas Berankis (LTU)
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TEAMS
US Team
Dustin Johnson, Jordan Spieth
Justin Thomas, Daniel Berger
Brooks Koepka, Rickie Fowler
Kevin Kisner, Patrick Reed
Matt Kuchar, Kevin Chappell
Charley Hoffman*, Phil Mickelson*
International Team
Hideki Matsuyama, Jason Day
Adam Scott, Louis Oosthuizen
Marc Leishman, Charl Schwartzel
Branden Grace, Si Woo Kim
Jhonattan Vegas, Adam Hadwin
Emiliano Grillo*, Anirban Lahiri*
* denotes captain's picks
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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.”
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.3-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E299hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E420Nm%20at%202%2C750rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E10-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E12.4L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh157%2C395%20(XLS)%3B%20Dh199%2C395%20(Limited)%3C%2Fp%3E%0A
Results
United States beat UAE by three wickets
United States beat Scotland by 35 runs
UAE v Scotland – no result
United States beat UAE by 98 runs
Scotland beat United States by four wickets
Fixtures
Sunday, 10am, ICC Academy, Dubai - UAE v Scotland
Admission is free
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)
MATCH INFO
FA Cup fifth round
Chelsea v Manchester United, Monday, 11.30pm (UAE), BeIN Sports
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
Padmaavat
Director: Sanjay Leela Bhansali
Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5