A man walks by a billboard encouraging more women candidates in upcoming parliament elections reading in Arabic "Half the society, half the parliament," in downtown Beirut, Lebanon during a conference on women participation in politics. Bilal Hussein / AP
A man walks by a billboard encouraging more women candidates in upcoming parliament elections reading in Arabic "Half the society, half the parliament," in downtown Beirut, Lebanon during a conferenceShow more

'Half of society, half of parliament' - Lebanese women campaign for more political power



Lebanon is campaigning to get at least five times more women elected to parliament this spring in its first vote in nearly 10 years.

Three months before the vote, Lebanon's first women's affairs ministry,  in collaboration with the United Nations and the EU, has launched a campaign with the slogan: "Half the society, half the parliament."

Billboards have gone up in several Beirut districts, TV stations are showing programmes about women in politics and local groups say they are training women candidates on public speaking.

"Keeping women from public life is not only a loss for women. It is a loss for the parliament," said Jean Oghassabian, the minister of state for women's affairs. "The main obstacles are mentality, a philosophy of life, and this needs time," he added.

It is a daunting task for a Middle Eastern country that may otherwise look like one of the most liberal in the region. Despite a relatively free press, diverse religious groups and women in prominent positions in the business world and the media, Lebanon ranks surprisingly low when it comes to female representation in politics, and politicians have failed to act on a movement to institute a quota for women in parliament.

There are only four women in the outgoing parliament elected in 2009, a mere three per cent of its 128 seats and a drop from 2005, when six women were elected. Since 2004, women have occupied one or two at most posts in government. Only Oman, Kuwait and Yemen have fewer. Oman and Kuwait have one and two women representatives respectively. War-torn Yemen has none but is currently without a functioning parliament.

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Even in Saudi Arabia, the monarch has appointed 30 women to the consultative Shura Council, giving them nearly 20 per cent of the seats.

"In politics, there seems to be some kind of invisible barrier for women to really break through," Christina Lassen, European Union ambassador to Lebanon, told t a conference held last week to promote women's representation.

Mr Oghassabian said last year's decision to appoint a man to the newly created portfolio was meant to send a message that it is also "a man's duty" to fight for women's rights.

Holding parliamentary elections in Lebanon is a feat in itself. Scheduled for May, these are the first elections in the country since 2009  after many delays and postponements due to general instability and haggling over a new election law.

Seats in the Lebanese parliament are allotted according to sects, with each community distributing them according to region and sectarian strongholds. Adding a new quota for women was considered yet another complication to an already complex system, said Nora Mourad, a gender researcher with the United Nations Development Programme.

Last year, politicians refused to even discuss a female quota in the new law. Members of the powerful Shiite group, Hizbollah, walked out of the room before the discussion began.

"We are against a quota. We are against imposing conditions from the outside on our policies and roles and work," said Rima Fakhry, a a senior member of the political bureau of Hizbollah. "The women's movement considers that women should reach decision-making positions. For them it is in parliament. We differ from those movements."

Ms Fakhry said Hizbollah does not see the role of  legislator as befitting for a woman in Lebanon and will not nominate women to run for office.

"For us, the woman is a woman. She must work to realise the main goals she exists for. These are not different from those of men. But the difference is in the details," she said. "She has a home. She is a mother and must bring up generations. This takes a lot of the woman's time."

Even though the country's civil war ended 28 years ago, its politics are still dominated by former warlords and family dynasties, and elections are often settled behind closed doors. Most women in politics hold posts because they are related to influential male politicians. Of the four women currently in parliament, one is the aunt of the current prime minister, another is the wife of a party leader, and the other two are the daughters of an assassinated media figure and a former minister.

The new electoral law introduces a complicated proportional representation system that preserves the sectarian nature of the parliament but - some argue - will offer women and independents a better chance. Mr Oghassabian said he expects at least 20 women to make it into parliament, and dozens more to run.

Political parties are encouraged to  have a voluntary quota for women on their lis and women's groups are contemplating all-women lists as well as a campaign of "no-woman, no-vote" to pressure political parties to include women. One senior member of the Future party said he would recommend 20 per cent women's representation. Another, from the Progressive Socialist Party, said it had commissioned a review of internal literature to ensure women's issues and requests were reflected.

Victoria El Khoury Zwein, a potential candidate with a new party called Seven, said she was sceptical that veteran parties would give women a winning chance. But with proportional representation, she is optimistic she needs fewer votes to get elected.

"There must be 15 per cent of the population who want a new political class," she said. "It is not an easy battle. But we can [do it]."

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the pledge

I pledge to uphold the duty of tolerance

I pledge to take a first stand against hate and injustice

I pledge to respect and accept people whose abilities, beliefs and culture are different from my own

I pledge to wish for others what I wish for myself

I pledge to live in harmony with my community

I pledge to always be open to dialogue and forgiveness

I pledge to do my part to create peace for all

I pledge to exercise benevolence and choose kindness in all my dealings with my community

I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity

Generation Start-up: Awok company profile

Started: 2013

Founder: Ulugbek Yuldashev

Sector: e-commerce

Size: 600 plus

Stage: still in talks with VCs

Principal Investors: self-financed by founder

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The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

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
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  • 70 per cent of cancer deaths occur in low and middle-income countries 
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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.”

Fight card

Bantamweight

Siyovush Gulmamadov (TJK) v Rey Nacionales (PHI)

Lightweight

Alexandru Chitoran (ROM) v Hussein Fakhir Abed (SYR)

Catch 74kg

Tohir Zhuraev (TJK) v Omar Hussein (JOR)

Strawweight (Female)

Weronika Zygmunt (POL) v Seo Ye-dam (KOR)

Featherweight

Kaan Ofli (TUR) v Walid Laidi (ALG)

Lightweight

Leandro Martins (BRA) v Abdulla Al Bousheiri (KUW)

Welterweight

Ahmad Labban (LEB) v Sofiane Benchohra (ALG)

Bantamweight

Jaures Dea (CAM) v Nawras Abzakh (JOR)

Lightweight

Mohammed Yahya (UAE) v Glen Ranillo (PHI)

Lightweight

Alan Omer (GER) v Aidan Aguilera (AUS)

Welterweight

Mounir Lazzez (TUN) Sasha Palatnikov (HKG)

Featherweight title bout

Romando Dy (PHI) v Lee Do-gyeom (KOR)

Martin Sabbagh profile

Job: CEO JCDecaux Middle East

In the role: Since January 2015

Lives: In the UAE

Background: M&A, investment banking

Studied: Corporate finance

The biog

Favourite food: Fish and seafood

Favourite hobby: Socialising with friends

Favourite quote: You only get out what you put in!

Favourite country to visit: Italy

Favourite film: Lock Stock and Two Smoking Barrels.

Family: We all have one!