Arabic newspaper comments on Israel's 'hardliners'


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Israel's "alternative state" froth is back

Every time the Palestinians attempt to involve the larger international community and its institutions in a diplomatic action to defend their legitimate rights, so-called "hard-line" voices rise in Israel to distract international attention from the main stakes, commented Amjad Arar, a columnist with the Emirati Al Khaleej newspaper.

The closer we are getting to September - when the Palestinian Authority is planning to lodge a request with the UN General Assembly for a recognition of full statehood - the louder these disturbing voices are getting.

"You have those who want to simply annex the West Bank [to Israel], those who want to kick out the Palestinians from their land, and the others … namely party leaders who are touting again the 'alternative state' plan, which says Jordan must be the home state of the Palestinians," the writer said.

Knesset member Arieh Eldad is one of those Israeli politicians who are trying to renew talk about this plan. News agencies like to qualify Eldad and others like him as "hardliners", not exactly to shame them but rather to make them look like "exceptions" that are not representative of Israel's position, the writer went on.

Western media outlets sometimes forget that Ariel Sharon, who headed a number of Israeli ministries before becoming prime minister, was a proponent of such an "outrageous" plan.

Arab Culture Summit is needed but unlikely

The General Union of Arab Writers (GUAW) discussed during a recent meeting in its Cairo headquarters the possibility of holding the Arab Culture Summit, which was due to be held this year but was suspended until further notice due to the Arab Spring, wrote Fakhri Saleh in the London-based daily Al Hayat.

The secretary general of the GUAW, Mohammed Salmawi, said the union was in touch with the Arab League's chief, Nabil al Arabi, to try and revive this pan-Arab cultural initiative, which was to tackle problems of education and the status of culture in the Arab world, in the presence of Arab heads of state. The idea was to diagnose similar issues faced by Arab nations and take action accordingly.

Now, with the Arab uprising, the initiative was shelved for obvious reasons, the writer said. "If Arab leaders could not even get themselves to hold a conference to discuss political turmoil, how would they be willing to discuss educational and cultural issues, and the need to disseminate books, including those kept at bay by the censor's paper shredder in most Arab capitals."

Mr Salmawi sees holding the summit at this juncture as possible and necessary, because the Arab world needs cultural reform too. Still, his idea of bringing Arab rulers and intellectuals together this year is unfortunately unlikely to materialise, the writer concluded.

Turkish-Iranian power battle over Syria

Turkey's top diplomat, Ahmet Davutoglu, has revoked the two week grace period that PM Erdogan had issued to Syrian President Bashar Al Assad to halt all military operations against pro-democracy protesters, said the columnist Rajeh al Khouri in the Lebanese Annahar daily.

Within 24 hours, a barrage of requests from Washington, London, Ankara, Riyadh and the Palestinian Authority poured over the Syrian regime to immediately stop the aggression.

"However, it is unlikely that the assault will stop any time soon with tanks still besieging and moving on Syrian towns and cities, which confirms that the cycle of protests will not end despite six months of sheer violence."

Mr Davutoglu recently addressed a firm last ultimatum to Damascus amid reports that his country is prepared for a military intervention in Syria.

In the meantime, Iran is intensifying its logistical, military and financial support to the Damascus regime, as promised by Iran's Supreme Leader Ali Khamenei who granted Mr Assad US$6 billion and 20 thousand oil barrels per day, in addition to urging Mr Nouri Al Maliki in Iraq to assist Mr Al Assad with US$10 billion.

"Clearly, the Syrian crisis has become the ring for a wrestling match between Turkey and Iran. Both countries realise that this is a most strategic location with important regional dimensions for them."

Egyptian sovereignty reinstated in Sinai?

Egyptian military forces are continuing their offensive in the northern part of the Sinai desert against extremist Islamic groups in order to secure the gas pipeline that exports gas to Tel Aviv at the lowest prices, reported the pan-Arab Al Quds Al Arabi daily in its editorial.

It was a step instigated by the US and Israel, especially that recent reports revealed that these groups that have been gaining in power adopt an Al Qaeda-like ideology.

Although the Camp David agreements clearly state that the Sinai desert should remain a demilitarised area, spokesmen of the Israeli government are now insisting that tanks and no less than two thousand Egyptian troops be dispatched to secure the area, all upon prior coordination between Tel Aviv and Cairo.

Such a development could be viewed as an indication that the new Egyptian leadership is fully committed to the terms of the Camp David agreements and that any previous speculations regarding the revocation of these agreements are no longer valid.

"It is still unclear at the moment whether the return of Egyptian tanks and troops to that dangerous area is temporary or permanent. It all depends on Israel and the US."

* Digest compiled by the Translation Desk

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What can victims do?

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The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

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EGYPT SQUAD

Goalkeepers: Ahmed El Shennawy, Mohamed El Shennawy, Mohamed Abou-Gabal, Mahmoud Abdel Rehem "Genesh"
Defenders: Ahmed Elmohamady, Ahmed Hegazi, Omar Gaber, Ali Gazal, Ayman Ahsraf, Mahmoud Hamdy, Baher Elmohamady, Ahmed Ayman Mansour, Mahmoud Alaa, Ahmed Abou-Elfotouh
Midfielders: Walid Soliman, Abdallah El Said, Mohamed Elneny, Tarek Hamed, Mahmoud “Trezeguet” Hassan, Amr Warda, Nabil Emad
Forwards: Ahmed Ali, Mohamed Salah, Marwan Mohsen, Ahmed "Kouka" Hassan.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings

Singham Again

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Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

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The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

What is graphene?

Graphene is a single layer of carbon atoms arranged like honeycomb.

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were "playing about" with sticky tape and graphite - the material used as "lead" in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But as they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment had led to graphene being isolated for the very first time.

At the time, many believed it was impossible for such thin crystalline materials to be stable. But examined under a microscope, the material remained stable, and when tested was found to have incredible properties.

It is many times times stronger than steel, yet incredibly lightweight and flexible. It is electrically and thermally conductive but also transparent. The world's first 2D material, it is one million times thinner than the diameter of a single human hair.

But the 'sticky tape' method would not work on an industrial scale. Since then, scientists have been working on manufacturing graphene, to make use of its incredible properties.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. Their discovery meant physicists could study a new class of two-dimensional materials with unique properties. 

 

SPECS
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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.”

Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

UAE currency: the story behind the money in your pockets
INDIA V SOUTH AFRICA

First Test: October 2-6, at Visakhapatnam

Second Test: October 10-14, at Maharashtra

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Dubai College A 50-12 Dubai College B

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COMPANY PROFILE

Company name: Blah

Started: 2018

Founder: Aliyah Al Abbar and Hend Al Marri

Based: Dubai

Industry: Technology and talent management

Initial investment: Dh20,000

Investors: Self-funded

Total customers: 40

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5