Syrians walk past regime soldiers as they visit the Aleppo Citadel on January 22, 2016, a month after government forces retook the northern city from rebel fighters. Louai Beshara/AFP
Syrians walk past regime soldiers as they visit the Aleppo Citadel on January 22, 2016, a month after government forces retook the northern city from rebel fighters. Louai Beshara/AFP

What now for Syria’s peace process?



BEIRUT // When two days of Syria peace talks arranged by Russia, Turkey and Iran wrapped up in Astana, they were quickly hailed as a success by their organisers.

The meeting saw the foreign powers draw closer together and agree to reinforce a ceasefire between rebel and government forces. Russia, which backs the government of Bashar Al Assad as a belligerent in the war, said it hoped the talks would bolster the stalled UN peace process in Geneva and that Kremlin officials would meet opposition representatives later this week.

But despite the optimism from its backers, the talks that ended on Tuesday produced no major breakthroughs and peace continues to remain distant for Syria’s warring parties.

Representatives of Syria’s government and opposition were in Astana, but remained too hostile to take part in face-to-face negotiations, leaving the actual deal making to Russia, Turkey and Iran. The three powers are all involved in Syria’s war with troops on the ground and Iran and Turkey also command proxy forces in the conflict.

But in a war where factions and even individual units on the same side can have diverging goals, the ability of the guarantors to control their allies can be limited.

Turkey’s hold on its proxies will soon be put to the test as Syrian government troops move near to Turkish-backed rebel units north-east of Aleppo.

Ankara intervened militarily in the war in August last year, with Turkish forces supporting rebels fighting against ISIL and the Kurdish YPG faction.

Turkey has deliberately kept its proxies out of the fight against government forces, despite the pleas for help by rebel forces who were besieged and ultimately driven from nearby Aleppo.

But stopping its proxies from fighting government forces might not be easy for Ankara as rebel and government lines start to meet near the ISIL-held town of Al Bab. Both forces are now pushing for the same territory.

While Turkey has not looked for a fight with Syrian government forces and is a major player in the peace process, Ankara appears ready to hold territory its proxies have captured. On Tuesday, Turkey’s deputy prime minister Numan Kurtmulus said his country will not hand over Al Bab after driving ISIL from the town.

If the fragile ceasefire in Syria holds, rebel and government negotiators are scheduled to meet in Geneva to continue with the United Nations peace process on February 8. But it remains difficult to see a solution emerging unless the sides actually sit down and negotiate with one another or at least make concession offers through their foreign backers.

Key issues have yet to be touched on. There have been no signs that the Syrian government is ready to talk about the future of Mr Al Assad, who the rebels want removed. And the government has continued to promise to drive its opponents from the country.

The rebels are also not in the best spot to negotiate. The loss of Aleppo last month was a major blow, depriving them of a key bargaining chip.

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Read: Staying alive inside besieged Aleppo: a reporter's notebook

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And as rebels find themselves increasingly cornered in Syria, their foreign backers seem to be abandoning them. While Turkey continues to support rebel proxy forces in northern Syria, it has also sidled closer to Russia, which has focused its war effort on rebel forces elsewhere in the country and been accused by the international community of carrying out war crimes in its efforts.

Russia and Turkey are now conducting joint air strikes against ISIL in the country as their relationship grows stronger.

The United States, which was a main representative of Syria's rebels at past negotiations, saw its role in talks sidelined during the final days of the Obama administration.

President Donald Trump has promised a different direction on Syria and appears to be open to co-operating with Russia against ISIL in the country. However, the US could also be turning its attention away from the conflict, with the Trump administration not sending any delegates to the Astana talks despite an invitation.

To Syria’s rebels, it likely feels like their friends are turning their backs on them and uniting with their enemy, Russia.

Finding peace through the new Russian, Turkish and Iranian-backed Astana process may also prove difficult given that some major factions in the war did not attend the talks.

By default, ISIL and Jabhat Fatah Al Sham were excluded from the meeting and from any potential settlement as they are extremist organisations.

But also excluded was the YPG, the dominant Kurdish faction, which controls much of Syria’s border with Turkey and has been the key US ally on the ground against ISIL. The YPG has actively tried to avoid conflict with the Syrian government, but is locked in combat with Turkey — which considers the YPG a terrorist group — and its proxy militias in northern Syria.

As the Astana talks got under way, the YPG made it clear they would not consider themselves bound by any agreements brokered at the meeting.

While Syrian rebels have long accused the YPG of colluding with the regime, the group has aspirations of post-war autonomy and has shown that it will confront any groups that try to roll back the territorial gains they have made. Any peace deal that sidelines Syria’s Kurds seems to ensure that fighting will continue.

jwood@thenational.ae

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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The specs

Engine: 2.0-litre four-cylinder turbo

Power: 268hp at 5,600rpm

Torque: 380Nm at 4,800rpm

Transmission: CVT auto

Fuel consumption: 9.5L/100km

On sale: now

Price: from Dh195,000 

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Trippier bio

Date of birth September 19, 1990

Place of birth Bury, United Kingdom

Age 26

Height 1.74 metres

Nationality England

Position Right-back

Foot Right

UAE currency: the story behind the money in your pockets
Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
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
The specs: 2018 Harley-Davidson Fat Boy

Price, base / as tested Dh97,600
Engine 1,745cc Milwaukee-Eight v-twin engine
Transmission Six-speed gearbox
Power 78hp @ 5,250rpm
Torque 145Nm @ 3,000rpm
Fuel economy, combined 5.0L / 100km (estimate)

How green is the expo nursery?

Some 400,000 shrubs and 13,000 trees in the on-site nursery

An additional 450,000 shrubs and 4,000 trees to be delivered in the months leading up to the expo

Ghaf, date palm, acacia arabica, acacia tortilis, vitex or sage, techoma and the salvadora are just some heat tolerant native plants in the nursery

Approximately 340 species of shrubs and trees selected for diverse landscape

The nursery team works exclusively with organic fertilisers and pesticides

All shrubs and trees supplied by Dubai Municipality

Most sourced from farms, nurseries across the country

Plants and trees are re-potted when they arrive at nursery to give them room to grow

Some mature trees are in open areas or planted within the expo site

Green waste is recycled as compost

Treated sewage effluent supplied by Dubai Municipality is used to meet the majority of the nursery’s irrigation needs

Construction workforce peaked at 40,000 workers

About 65,000 people have signed up to volunteer

Main themes of expo is  ‘Connecting Minds, Creating the Future’ and three subthemes of opportunity, mobility and sustainability.

Expo 2020 Dubai to open in October 2020 and run for six months

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

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The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

COMPANY%20PROFILE
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Aayan%E2%80%99s%20records
%3Cp%3E%3Cstrong%3EYoungest%20UAE%20men%E2%80%99s%20cricketer%3C%2Fstrong%3E%3Cbr%3EWhen%20he%20debuted%20against%20Bangladesh%20aged%2016%20years%20and%20314%20days%2C%20he%20became%20the%20youngest%20ever%20to%20play%20for%20the%20men%E2%80%99s%20senior%20team.%20He%20broke%20the%20record%20set%20by%20his%20World%20Cup%20squad-mate%2C%20Alishan%20Sharafu%2C%20of%2017%20years%20and%2044%20days.%3Cbr%3E%20%3Cbr%3E%3Cstrong%3EYoungest%20wicket-taker%3C%2Fstrong%3E%3Cbr%3EAfter%20taking%20the%20wicket%20of%20Bangladesh%E2%80%99s%20Litton%20Das%20on%20debut%20in%20Dubai%2C%20Aayan%20became%20the%20youngest%20male%20cricketer%20to%20take%20a%20wicket%20against%20a%20Full%20Member%20nation%20in%20a%20T20%20international.%3Cbr%3E%20%3Cbr%3E%3Cstrong%3EYoungest%20in%20T20%20World%20Cup%20history%3F%3C%2Fstrong%3E%3Cbr%3EAayan%20does%20not%20turn%2017%20until%20November%2015%20%E2%80%93%20which%20is%20two%20days%20after%20the%20T20%20World%20Cup%20final%20at%20the%20MCG.%20If%20he%20does%20play%20in%20the%20competition%2C%20he%20will%20be%20its%20youngest%20ever%20player.%20Pakistan%E2%80%99s%20Mohammed%20Amir%2C%20who%20was%2017%20years%20and%2055%20days%20when%20he%20played%20in%202009%2C%20currently%20holds%20the%20record.%3C%2Fp%3E%0A
COMPANY%20PROFILE
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Brief scoreline:

Manchester United 1

Mata 11'

Chelsea 1

Alonso 43'

if you go

The flights

Fly to Rome with Etihad (www.etihad.ae) or Emirates (www.emirates.com) from Dh2,480 return including taxes. The flight takes six hours. Fly from Rome to Trapani with Ryanair (www.ryanair.com) from Dh420 return including taxes. The flight takes one hour 10 minutes. 

The hotels 

The author recommends the following hotels for this itinerary. In Trapani, Ai Lumi (www.ailumi.it); in Marsala, Viacolvento (www.viacolventomarsala.it); and in Marsala Del Vallo, the Meliaresort Dimore Storiche (www.meliaresort.it).

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.”