The digital battle for influence between activists supporting Palestinians and those backing Israel continues despite the ceasefire in Gaza.
The activist, non-profit and information organisations that have emerged in the two-year war show no sign of slowing down operations.
The battle spilt over to social media platforms that were accused of censorship, and even established technology companies such as Microsoft and Google found themselves on the defensive.
At one point, Google workers were fired by the company for protesting against the company's $1.2 billion deal with the Israeli government.
About the same time, a group called No Tech For Apartheid gained significant momentum, organising workers at Google and Amazon seeking to protest against both companies' contracts with Israel.
A subsidiary of NTFA, known as No Azure for Apartheid, consisted largely of current and former employees of Microsoft who accused it of providing AI tools and cloud-computing solutions to Israel's military.
Amid pressure from No Azure for Apartheid and media reports, in September Microsoft announced that, based on its own findings, it decided to disable a set of services to a unit in Israel's Ministry of Defence.
Even with the ceasefire announcement on October 11, No Azure for Apartheid kept pressure on Microsoft.
“We do not stop for a ceasefire or half-measures! We stop when Palestine is free,” the group posted on X one day after, revealing that another Microsoft employee, Scott Sutfin-Glowski, had resigned in protest.
Several days later, No Azure for Apartheid rallied protesters who rowed kayaks lose to the homes of Microsoft chief executive Satya Nadella and president Brad Smith, accusing them of stalling in cutting some services to Israel's military.
No Azure for Apartheid did not respond to The National's requests for comment.
Along similar lines, 7amleh, more commonly known as the Arab Centre for the Advancement of Social Media, released a report several days after the ceasefire titled: “A War without Bullets: How Disinformation Reshapes the Reality of Palestinian Youth on the Backdrop of a Genocide”.
“The paper examines how disinformation has become one of the central tools of Israel’s war on Gaza – not only to justify genocide but also to re-engineer the collective consciousness of both Palestinians and the global public, particularly among youth,” reads a brief description.
More specifically in its report, 7amleh accused technology companies of algorithmic bias with social media platforms and even search engines.
“Tech companies manipulate the contents to which users are exposed through removal, Shadowbanning and automated visibility restrictions,” 7amleh claimed.
It said that the Palestinian situation was disproportionately affected and censored by the companies.
On the other side of the spectrum are organisations such as CyberWell, based in Tel Aviv, which describes itself as world’s first live database of online anti-Semitism.
“Over the last six months and more recently since the October ceasefire between Israel and Hamas, anti-Semitic and anti-Israel users have flooded social media with terms like 'Gaza Holocaust' and 'Gaza Holocaust survivor',” a news release from the group reads.
CyberWell's founder and chief executive, Tal-Or Cohen Montemayor, said the trend was an attempt to “blatantly trivialise the Holocaust, trying to equate its victims – the Jewish people – with its Nazi perpetrators".
Also showing no sign of winding down is Jewish Onliner, which uses artificial intelligence to show “anti-Israel movements".
In March, the site’s reporting on Helyeh Doutaghi, a scholar of international law at Yale University, led to Yale Law School severing ties with her.
She denied the accusations, and accused Jewish Onliner of deception, but the site did not back down.
Jewish Onliner still shows no indication of slowing down its output or winding down operations, with recent stories being posted on Monday.
“We’ll continue to refine and expand this model in the months ahead as the information space evolves,” it said in a statement. “We believe that the results of the responsible, AI-driven work that Jewish Onliner does speaks for itself.”
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.”
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Biography
Favourite drink: Must have karak chai and Chinese tea every day
Favourite non-Chinese food: Arabic sweets and Indian puri, small round bread of wheat flour
Favourite Chinese dish: Spicy boiled fish or anything cooked by her mother because of its flavour
Best vacation: Returning home to China
Music interests: Enjoys playing the zheng, a string musical instrument
Enjoys reading: Chinese novels, romantic comedies, reading up on business trends, government policy changes
Favourite book: Chairman Mao Zedong’s poems
LA LIGA FIXTURES
Friday
Granada v Real Betis (9.30pm)
Valencia v Levante (midnight)
Saturday
Espanyol v Alaves (4pm)
Celta Vigo v Villarreal (7pm)
Leganes v Real Valladolid (9.30pm)
Mallorca v Barcelona (midnight)
Sunday
Atletic Bilbao v Atletico Madrid (4pm)
Real Madrid v Eibar (9.30pm)
Real Sociedad v Osasuna (midnight)
RESULTS
5pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Turf) 2,200m
Winner: M'A Yaromoon, Jesus Rosales (jockey), Khalifa Al Neydai (trainer)
5.30pm: Khor Al Baghal – Conditions (PA) Dh80,000 (T) 1,600m
Winner: No Riesgo Al Maury, Antonio Fresu, Ibrahim Al Hadhrami
6pm: Khor Faridah – Handicap (PA) Dh80,000 (T) 1,600m
Winner: JAP Almahfuz, Royston Ffrench, Irfan Ellahi
6.30pm: Abu Dhabi Fillies Classic – Prestige (PA) Dh110,000 (T) 1,400m
Winner: Mahmouda, Pat Cosgrave, Abdallah Al Hammadi
7pm: Abu Dhabi Colts Classic – Prestige (PA) Dh110,000 (T) 1,400m
Winner: AS Jezan, George Buckell, Ahmed Al Mehairbi
7.30pm: Khor Laffam – Handicap (TB) Dh80,000 (T) 2,200m
Winner: Dolman, Antonio Fresu, Bhupath Seemar
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