The new Syria is a land of firsts: for the first time many Syrians are openly criticising the authorities, sharing stories of missing relatives and talking about foreign currency in public − all banned under former president Bashar Al Assad.
For creatives, it is their first taste of artistic freedom after years of repression.
Last week, a young and artsy crowd gathered at the Zawaya Art Gallery in Damascus for the first screening in Syria of Stars in Broad Daylight, an iconic 1988 movie by Ossama Mohammed that was banned decades ago by the Assad regime and Baath Party.
The event was organised by the Damascus Film Salon, a new cultural initiative, and was followed by a debate with the director, who has lived in exile for more than 10 years.
“The screening of Ossama Mohammed’s film now is a dream come true,” said Haya Hasani, a young artist at the event. “It symbolises the end of Assad’s Syria and the beginning of a new Syria − the Syria of the people.”
The multi-award-winning film tells the story of two families preparing for a double wedding in a coastal Alawite village – the sect to which the Assad family belongs. The protagonist is a metaphor for Hafez Al Assad, father of Bashar Al Assad and his predecessor as Syrian leader.
The movie character is a patriarchal figure whose authoritarian tendencies lead to the disintegration of his family.
“The reason for organising the salon is to celebrate the end of 46 years of censorship, which began with Hafez,” said George Achkar, one of the organisers. “People are thirsty for real cinema rather than propaganda. The stupid censorship was limiting filmmakers' creativity.”
The packed venue for Stars in Broad Daylight was filled with enthusiastic faces embracing their new-found freedoms, which have blossomed since rebels overthrew more than 50 years of Assad family rule in a lightning offensive last month.
Damascus has long been a cultural hub, with galleries, salons and exhibitions, but these were all tightly controlled in the past, especially for content remotely political.
“If you wanted to get permission to organise cultural events the official way, it was very complicated. You had to know people,” Ms Hasani told The National.
Bypassing official procedures was a risky business. “Doing something outside the Baathist institutions carried the risk of being reported to the security branches,” said Ms Hasani, who was denounced for staging an independent cultural event that was outside the oversight of intelligence services.
“Many informants were within our ranks,” she added.
Red lines
Under Bashar Al Assad, censorship infiltrated every aspect of the creative process. Said Al Hanawi, a playwright, told The National that before they could put on a show, artists needed approval from a “committee of readers” that dictated red lines and imposed amendments.
“But that was not enough. Then there was a second committee in front of which we performed, and which was studying every movement − the music, the lyrics, the acting … And then they would give us the final approval. But it was conditional: there couldn’t be a single sentence outside of the approved text, or they would stop the performance immediately.”
Members of the intelligence services were often present at theatrical shows to ensure compliance, he added. “There were forbidden topics − anything related to politics was off limits, but we could talk about the economic crisis.”
Censorship now appears to have vanished, but Syrian artists remain cautious about the future. Hayat Tahrir Al Sham, the Islamists who lead the new government, were formerly affiliated with Al Qaeda before breaking ties with the group in 2016 and attempting to rebrand as moderates.
“Who knows what might be censored next? For now, we are showing what we want,” said Mr Achkar. “We should remain optimistic but careful, and remain confident that we are smart enough to keep it this way.”
Ms Hasani said she believes the worst is in the past and that Syrians are ready for the challenges that lie ahead.
“The Syrian people who overthrew Assad are capable of overthrowing anyone else, because his was the most violent, inhumane and brutal form of oppression.”
The biog
Birthday: February 22, 1956
Born: Madahha near Chittagong, Bangladesh
Arrived in UAE: 1978
Exercise: At least one hour a day on the Corniche, from 5.30-6am and 7pm to 8pm.
Favourite place in Abu Dhabi? “Everywhere. Wherever you go, you can relax.”
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity
Motori Profile
Date started: March 2020
Co-founder/CEO: Ahmed Eissa
Based: UAE, Abu Dhabi
Sector: Insurance Sector
Size: 50 full-time employees (Inside and Outside UAE)
Stage: Seed stage and seeking Series A round of financing
Investors: Safe City Group
Friday's schedule at the Etihad Airways Abu Dhabi Grand Prix
GP3 qualifying, 10:15am
Formula 2, practice 11:30am
Formula 1, first practice, 1pm
GP3 qualifying session, 3.10pm
Formula 1 second practice, 5pm
Formula 2 qualifying, 7pm
Racecard
6pm: The Pointe - Conditions (TB) Dh82,500 (Turf) 1,400m
6.35pm: Palm West Beach - Maiden (TB) Dh82,500 (T) 1,800m
7.10pm: The View at the Palm - Handicap (TB) Dh85,000 (Dirt) 1,400m
7.45pm: Nakeel Graduate Stakes - Conditions (TB) Dh100,000 (T) 1,600m
8.20pm: Club Vista Mare - Handicap (TB) Dh95,000 (D) 1,900m
8.55pm: The Palm Fountain - Handicap (TB) Dh95,000 (D) 1,200m
9.30pm: The Palm Tower - Handicap (TB) Dh87,500 (T) 1,600m
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.”
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
First Person
Richard Flanagan
Chatto & Windus
UAE currency: the story behind the money in your pockets