Macron sees Daesh military defeat in Syria, Iraq within ‘weeks’

French President Emmanuel Macron said that Daesh in Syria and Iraq would be defeated militarily “in the coming weeks.”(AFP)
Updated 20 January 2018
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Macron sees Daesh military defeat in Syria, Iraq within ‘weeks’

TOULON: French President Emmanuel Macron said Friday that the Daesh organization in Syria and Iraq would be defeated militarily “in the coming weeks,” as he laid out plans for bolstering France’s defense capabilities.
“Today, thanks to the efforts of all the nations involved, the Daesh military organization in the Levant is almost completely defeated,” Macron said in a speech aboard a helicopter carrier in the southern port of Toulon.
“I’m confident that in the coming weeks we will achieve a military victory on the ground,” he said.
“I want us now to firmly commit with our partners to stabilization, reconstruction and aide to populations” after years of conflict, he said.
With many of its leaders dead and its fighters on the run, IS has now lost almost all the land it once controlled in Syria and Iraq.
France, which recently pulled out two of the 12 Rafale fighter jets it had been operating in the region, currently has about 1,200 personnel in the international coalition fighting the militants.
Macron said that although combat operations would continue, the country would “adapt” its contribution this year to developments, without providing details.
The French government has increased the 2018 defense budget by 1.8 billion euros, bringing it to 34.2 billion euros ($42 billion).
Macron reiterated his pledge to lift French defense spending to two percent of the country’s GDP by 2025, in line with the target agreed to by NATO members in 2014.
The increased spending will include a “renewal” of France’s nuclear arsenal during his five-year term, Macron said, calling nuclear deterrence “the keystone of our defense strategy for the past 50 years.”


Contractor appointed for $1.4bn Jubail Island project in Abu Dhabi

Updated 5 min 45 sec ago
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Contractor appointed for $1.4bn Jubail Island project in Abu Dhabi

  • Project will be open to foreign property investors
  • Gulf Contractors Company to carry out enabling works

LONDON: A contractor has been appointed to carry out initial works for a $1.4 billion island development in Abu Dhabi.

Gulf Contractors Company won the enabling works contract for the Jubail Island project in the UAE capital, the company behind the development said.

The works under the contract are scheduled for completion in January 2020, according to the Jubail Island Investment Company (JIIC), the UAE state news agency WAM reported.

Enabling works generally involve major earthworks and grading of a site, ahead of the installation of infrastructure such as roads, utilities, and other facilities. 

Over 2.5 million cubic meters of material will be excavated and placed to create the formation level for over 40 kilometers of roadways and more than 800 residential properties as part of the contracted works, according to WAM.

The giant Jubail Island project will span six “investment zone villages” and will be home to between 5,000 and 6,000 residents, according to the developer. 

The project, which has 13 kilometers of waterfront and is being built on a natural island in Abu Dhabi emirate, is slated for completion in the fourth quarter of 2022.

“Offering housing, commercial, leisure and freehold investment opportunities particularly for Emiratis and expatriates is a central planning element for Jubail Island,” said Mounir Haidar, managing director of JIIC.

“Today’s announcement confirms the timely delivery of the newly launched project in conformity with leading construction and environmental standards.”

Abu Dhabi in April amended its real estate laws, lifting restrictions on foreigners owning freehold properties in certain free zones in the emirate.