• Lifta, on the outskirts of Jerusalem, was depopulated of its Palestinian inhabitants by Israeli forces in February 1948. William Parry for The National
    Lifta, on the outskirts of Jerusalem, was depopulated of its Palestinian inhabitants by Israeli forces in February 1948. William Parry for The National
  • Lifta's buildings have remained untouched for more than 70 years, with its former inhabitants barred from resettling. William Parry for The National
    Lifta's buildings have remained untouched for more than 70 years, with its former inhabitants barred from resettling. William Parry for The National
  • Ruins of Lifta, with Israeli homes built on the upper edges of town. William Parry for The National
    Ruins of Lifta, with Israeli homes built on the upper edges of town. William Parry for The National
  • Israeli developments on the edge of Lifta's lands. Before 1948, Lifta was home to about 3,000 Palestininian residents. William Parry for The National
    Israeli developments on the edge of Lifta's lands. Before 1948, Lifta was home to about 3,000 Palestininian residents. William Parry for The National
  • Israelis visit Lifta in 2018 to assess development potential for a luxury resort, which has since been built. Plans are now under way for an Israeli housing complex. William Parry for The National
    Israelis visit Lifta in 2018 to assess development potential for a luxury resort, which has since been built. Plans are now under way for an Israeli housing complex. William Parry for The National
  • Israeli forces blasted holes through Lifta homes to prevent its inhabitants from returning. William Parry for The National
    Israeli forces blasted holes through Lifta homes to prevent its inhabitants from returning. William Parry for The National
  • Prior to 1948, Lifta had a modern clinic, two coffeehouses, two carpentry shops, barbershops, a butcher and a mosque. William Parry for The National
    Prior to 1948, Lifta had a modern clinic, two coffeehouses, two carpentry shops, barbershops, a butcher and a mosque. William Parry for The National
  • The remains of some landmarks are still clear: an olive press, the village oven, a spring, the mosque, cemetery and courtyard. William Parry for The National
    The remains of some landmarks are still clear: an olive press, the village oven, a spring, the mosque, cemetery and courtyard. William Parry for The National
  • Lifta is under imminent threat from bulldozers after the Israel Lands Authority announced a plan to build a luxury housing project, including more than 200 flats, a hotel and shops. William Parry for The National
    Lifta is under imminent threat from bulldozers after the Israel Lands Authority announced a plan to build a luxury housing project, including more than 200 flats, a hotel and shops. William Parry for The National
  • Advocates and families with roots in Lifta are arguing for the preservation of the ancient village. William Parry for The National
    Advocates and families with roots in Lifta are arguing for the preservation of the ancient village. William Parry for The National
  • Lifta has come to symbolise a hope of eventual return for the more than seven million Palestinian refugees around the world. William Parry for The National
    Lifta has come to symbolise a hope of eventual return for the more than seven million Palestinian refugees around the world. William Parry for The National
  • Lifta was once home to about 3,000 Palestinians. William Parry for The National
    Lifta was once home to about 3,000 Palestinians. William Parry for The National

Nakba Day: Hundreds of Palestinian villages destroyed during the creation of Israel


  • English
  • Arabic

In a quiet valley in Jerusalem lies a village frozen in time.

Its stone buildings have stood for centuries and have long since been overtaken by plants and weeds.

This is Lifta and it is one of the hundreds of Palestinian villages that were violently depopulated by Jewish militias, who would become part of Israel's army and police forces following the establishment of the state in 1948 in what is known by Palestinians as the Nakba, or catastrophe.

Situated less than 5km west of Sheikh Jarrah – the district in East Jerusalem that became the site of protests and violence from 2021 as 12 Palestinian families battled eviction – Lifta since moved into the media spotlight as advocacy groups sought to prevent planned Israeli developments that threaten to erase history.

What happened to Lifta?

The fight for Lifta began months before Israel was established in May 1948. The village's strategic location on the road to Tel Aviv from Jerusalem made it desirable for paramilitary Jewish forces, including the Lehi and Haganah.

When an irregular Arab militia moved in to defend the hamlet in December 1947, firefights broke out against Jewish patrols.

According to Israeli historian Benny Morris, a machine-gun and grenade attack in a cafe killed seven Palestinians and prompted some villagers to flee to safety.

In January 1948, Lehi forces blew up three houses and, the following month, Arab militias abandoned Lifta, leaving the remaining Palestinian families without any defence.

The Haganah moved into the village, shooting locals and forcing others on to lorries headed for East Jerusalem.

Before its capture, about 2,900 Palestinians lived in Lifta, in homes made by hand, said architect Antoine Raffoul, founder of 1948.org.uk, who works with the Committee to Save Lifta.

“Lifta is one of the most beautiful architectural urban developments I've seen anywhere,” he told The National.

“East Jerusalem was very depressing for a lot of [the expelled villagers]. So, the young left but never forgot.”

The 57 remaining houses were left to deteriorate until Israeli forces destroyed them in the 1950s to make them uninhabitable for Liftawis seeking to return.

Unlike the hundreds of other Palestinian villages that were emptied, bulldozed and built over after the war, Lifta has remained virtually untouched.

Over the years, several plans were developed to “renovate” the village.

In 2006, a plan was presented to build a Jewish museum, luxury hotel, shopping mall and Israeli housing. It was approved in 2009 by the Israel Antiquities Authority.

“In 2010, official tenders were issued for Lifta to be divided and [destroyed],” Mr Raffoul said.

The Coalition to Save Lifta filed an objection to the plans at the Municipal Court of Jerusalem a year later. The court threw out the plan and ordered a more detailed survey of the site.

As an architect promoting cultural sites, I would defend and protect Lifta even if it had been a Jewish village
Antoine Raffoul,
Coalition to Save Lifta

Meanwhile, the coalition contacted the New York-based World Monument Fund and Lifta was placed on the World Monument Watch list in 2018.

“The new survey [by the Israeli Land Authority] confirmed that Lifta merits preservation rather than redevelopment,” Mr Raffoul said.

However, in June 2021, the Israeli Land Authority announced it would welcome bids on tenders to develop Lifta on July 4.

The coalition found itself racing against time to stop a revised renovation plan from coming into effect and a petition was filed to the Israeli District Court in Jerusalem to halt the development plans.

If the plans, known as Project 6036, go ahead, the last remaining village in West Jerusalem and a symbol of hope for Palestinians seeking a right to return will be destroyed.

“As an architect promoting cultural sites, I would defend and protect Lifta even if it had been a Jewish village,” said Mr Raffoul.

In August 2022, according to The Times of Israel, the Jerusalem Municipality and Israel Lands Authority agreed to “rethink” plans to turn Lifta into a boutique hotel, providing relief to activists seeking to preserve the site – for now.

Yacoub Odeh, 81, was a child when he and his family were violently forced from their homes in Lifta. William Parry for The National
Yacoub Odeh, 81, was a child when he and his family were violently forced from their homes in Lifta. William Parry for The National

Yacoub Odeh, 81, and his family were among those who were expelled from their homes in Lifta. Today, he leads tours in what has been described as modern-day Pompeii.

“Lifta in my memory is like a picture with two faces. There is the beautiful life that I lived in Lifta before the Nakba,” he told The National.

“The other picture is one of a miserable life, under British colonial occupation and Zionist armed gangs, terrorists.”

Mr Odeh remembers being at home with his younger brother and mother when the attack began. He was placed in a lorry to East Jerusalem with four other families while his father stayed behind to fight.

“That’s when we became refugees,” he said.

Like many, he escaped with nothing but the clothes on his back, thinking he would soon return home.

“The next day we were knocking on doors, asking for food. We had nothing.”

Historians argue that the Nakba began with the signing of the Balfour Declaration in 1917, in which the British promised Jews a homeland in Palestine.

Others say it began in earnest in November 1947, six months before Israel’s declaration of independence and the subsequent Arab-Israeli War.

By the end of the war, in 1949, more than 700,000 Palestinians – or about two thirds of the population at the time – had either fled or been forcibly removed from their homes.

An estimated 500 villages were depopulated and partially, if not completely, demolished.

As the battle for the preservation of Lifta rages on in courtrooms, The National profiles four other Palestinian towns, villages and neighbourhoods that were captured before and after Israel's creation and what they look like now.

Deir Yassin, Jerusalem. Renamed Giv'at Sha'ul B and Har Nof

  • Deir Yassin, located west of Jerusalem, pictured before the attacks by Jewish militias on April 9, 1948. Alamy
    Deir Yassin, located west of Jerusalem, pictured before the attacks by Jewish militias on April 9, 1948. Alamy
  • Only a few of the village's original buildings remain. Courtesy: Zochrot
    Only a few of the village's original buildings remain. Courtesy: Zochrot
  • The Israeli neighbourhood of Har Nof can be seen on the right in 2010, while the remains of Deir Yassin, including the Kfar Shaul Mental Health Centre, are on the left. Courtesy: Effib
    The Israeli neighbourhood of Har Nof can be seen on the right in 2010, while the remains of Deir Yassin, including the Kfar Shaul Mental Health Centre, are on the left. Courtesy: Effib
  • The health centre was built atop ruins. Courtesy: Google Street View
    The health centre was built atop ruins. Courtesy: Google Street View

The assault on Deir Yassin, a village that was home to hundreds of Palestinians and was situated about 5km west of Jerusalem, began on the morning of April 9, 1948.

Jewish militias, including the Haganah, Lehi and Irgun, which was headed by Menachem Begin, who would go on to become the sixth prime minister of Israel, entered the village and killed between 107 and 250 Palestinians, including women, children and elderly people – although the exact figure remains disputed.

The Palestinians fought back but Zionist militias used grenades and heavy arms to defeat them.

Woman and children were stripped, lined up, photographed and then slaughtered by automatic firing, and survivors have told of even more incredible bestialities
UN report

Yehoshua Zettler, the Jerusalem commander of Lehi, told Neta Shoshani, director of the documentary Born in Deir Yassin in 2009, that they went house to house “putting in explosives … within a few hours, half the village isn't there any more”.

The bodies were rounded up and burnt or buried as part of efforts to cover up the total deaths, according to former Israeli government minister Yair Tsaban.

“Women and children were stripped, lined up, photographed and then slaughtered by automatic firing, and survivors have told of even more incredible bestialities,” a report from the UK's delegation to the UN in April 1948 read.

The assault on Deir Yassin was condemned by The Jewish Agency for Israel, the Chief Rabbinate and the first Israeli prime minister, David Ben Gurion, who sent an apology to King Abdullah I of Jordan.

Within a year, the village was repopulated with orthodox Jewish immigrants from Poland, Romania and Slovakia. The Islamic cemetery was bulldozed and the name Deir Yassin was wiped off the map.

Today, few parts of the village remain visible, with Kfar Shaul Mental Health Centre built on top of ruins.

Manshiya, Jaffa. Now an extension of Tel Aviv

  • Hassan Bek Mosque in the Manshiya area of Jaffa pictured in the summer of 1936. Courtesy: Library of Congress
    Hassan Bek Mosque in the Manshiya area of Jaffa pictured in the summer of 1936. Courtesy: Library of Congress
  • The police station in Jaffa's Manshiya quarter in 1948. AP
    The police station in Jaffa's Manshiya quarter in 1948. AP
  • Manshiya is destroyed by Igrun forces after it was captured in May 1948. AP
    Manshiya is destroyed by Igrun forces after it was captured in May 1948. AP
  • Hassan Bek Mosque, pictured in 2018, is one of the few structures that survived the assault. Alamy
    Hassan Bek Mosque, pictured in 2018, is one of the few structures that survived the assault. Alamy
  • Beit Etzel Museum, honouring the Irgun fighters, is built on the ruins of an ancient Ottoman period sandstone building. Alamy
    Beit Etzel Museum, honouring the Irgun fighters, is built on the ruins of an ancient Ottoman period sandstone building. Alamy
  • The Hassan Bek Mosque, left, is one of the most famous mosques in Tel Aviv. It was built in 1916. AP
    The Hassan Bek Mosque, left, is one of the most famous mosques in Tel Aviv. It was built in 1916. AP

Manshiya was once a bustling, commercial seaside city in Palestine, filled with shops, cafes, factories, and houses.

Historically, it was one of Jaffa's largest Arab districts. In the late 1800s, Jewish neighbourhoods began to be established nearby, including Tel Aviv, which bordered Manshiya.

By 1944, Jaffa's population included more than 12,000 Palestinians and about 1,000 Jews.

According to Zochrot, a non-government organisation that documents the Nakba, the Jewish population began to see Manshiya as a threat to Tel Aviv after the 1936 Arab revolt against the British mandate.

In 1948, the town was attacked by the Irgun – a Jewish paramilitary organisation (also known as Etzel) that operated in Palestine before the creation of Israel – to cut it off from surrounding Palestinian villages.

About 600 Irgun fighters began their attack on Manshiya on April 25. The British, who were still in the process of withdrawing from Palestine, sent military reinforcements to warn against further attacks, but the assault resumed two days later and reached the coast.

With what few weapons they had, the people of Manshiya resisted the attack, fighting from the Ottoman-era Hassan Bek mosque, but the city fell the following day.

The British demanded Irgun forces surrender the city's police station and open the main street between Jaffa and Tel Aviv to allow their troops to pass through.

But the Irgun demolished the roadside buildings to block the passage and destroyed the police station, planting an Israeli flag on its ruins.

Some of Manshiya’s inhabitants were expelled to Jordan and others were sent by sea to Gaza and Egypt. Others were imprisoned.

The city was demolished in stages and, in May, Jewish immigrants were moved into emptied homes and Manshiya was transformed into an extension of Tel Aviv.

Only three original buildings remain: The Hassan Bek Mosque, a derelict house on HaMered street, and a partially preserved house that was renovated in the 1980s and turned into the Etzel Museum, in honour of Etzel’s operations officer and the 41 Israeli fighters who died.

In the 1960s, a committee was formed to protect the mosque from demolition, after its minaret was destroyed.

“For state officials, the mosque was a landmark which symbolised an urban past they preferred to eliminate and a potential hazard for the urban future as they perceived it,” Israeli professor Nimrod Luz of the Kinneret Academic College wrote in 2008.

Through legal action and mediation, the mosque was returned to the Muslim community.

“The mosque would gradually become a site of resistance among the Arab community of Jaffa,” Mr Luz said.

Its new minaret stands tall today, albeit a distance away from the Muslim community that once surrounded it.

Al Lydd, Jaffa. Renamed Lod, Tel Aviv

  • An Israeli soldier in central Al Lydd in 1948.
    An Israeli soldier in central Al Lydd in 1948.
  • Dahmash Mosque in 2012, pictured during a Nakba memorial tour organised by Zochrot. Courtesy: Zochrot
    Dahmash Mosque in 2012, pictured during a Nakba memorial tour organised by Zochrot. Courtesy: Zochrot
  • Church of St George, built in 1870, pictured in modern-day Lod, Israel. It is built over a ruined 12th-century Crusader structure. Alamy
    Church of St George, built in 1870, pictured in modern-day Lod, Israel. It is built over a ruined 12th-century Crusader structure. Alamy
  • Aerial view of Al Lydd in 1932. Jewish paramilitary forces captured the city in 1948 and renamed it Lod. Courtesy: Library of Congress
    Aerial view of Al Lydd in 1932. Jewish paramilitary forces captured the city in 1948 and renamed it Lod. Courtesy: Library of Congress
  • Al Lydd pictured between 1898 and 1914. Courtesy: Library of Congress
    Al Lydd pictured between 1898 and 1914. Courtesy: Library of Congress
  • The Church of St George in Al Lydd pictured between 1900 and 1920. Courtesy: Library of Congress
    The Church of St George in Al Lydd pictured between 1900 and 1920. Courtesy: Library of Congress
  • Al Lydd between 1890 and 1900. Courtesy: Library of Congress
    Al Lydd between 1890 and 1900. Courtesy: Library of Congress

Scuffles between Palestinians and Israelis in Al Lydd began soon after the establishment of the state of Israel but the city was not captured by Israeli forces until July.

By then, its population of 20,000 had doubled as refugees from neighbouring areas fled there for safety.

According to Benny Morris, Israeli forces began bombing Al Lydd on the evening of July 9, with a land raid beginning two days later, when a column of vehicles drove through the city, machine-gunning anything that moved.

Dozens of armed Palestinian civilians and members of the Arab Legion – the Transjordanian army – threw grenades at the convoy but they were overwhelmed and eventually surrendered.

By the evening, up to 400 Israeli soldiers entered the town and separated the women and children from the men in makeshift detention compounds in the city's Dahmash mosque and Church of St George.

On July 12, two Arab Legion vehicles entered the city and began firing at the Israeli battalion. A few Palestinians took up arms and engaged in what Morris describes as a 30-minute firefight.

The corpses of Arab men, women and even children were strewn about the streets in the wake of this ruthlessly brilliant charge
Kenneth Bilby,
New York Herald Tribune

What followed was labelled a massacre by some historians. Israeli forces were ordered to shoot any clear targets, while soldiers threw grenades into homes they suspected contained snipers.

One Palmach soldier, Yerachmiel Kahanovich, recounted single-handedly killing about 170 civilians sheltered in the mosque.

“I fired a [British-made anti-tank] PIAT projectile in there,” he said in a 2012 interview with Zochrot and the Common Archive project of Palestine.

“[I saw] an empty hall. Everyone on the walls,” he said.

The estimated death toll from the fight was around 400 Palestinians and 10 Israeli soldiers.

In The Ethnic Cleansing of Palestine, Israeli historian Ilan Pappe quoted a story written from the ground for the New York Herald Tribune, which read: “The corpses of Arab men, women, and even children were strewn about the streets in the wake of this ruthlessly brilliant charge.”

The same day, the Israeli government issued an expulsion order, signed by Yitzhak Rabin, who was deputy commander of the operation and would go on to become the fifth prime minister of Israel.

All but 1,000 of Al Lydd's 50,000 inhabitants were pushed out of the city on July 13, and forced to walk more than a dozen kilometres to Barfiliya, south-east of Al Lydd.

Some died of heat exhaustion or thirst on the way and the rest settled in Ramallah or escaped to Jordan or Lebanon.

“People carried their children and their furniture. They could not walk for long distances. The Israelis shouted: ‘Out! Out!’ and people began to flee,” said Raifa Abu Manneh, who was 14 when she and her family were expelled from Al Lydd.

“The ones that remained were shot. Bodies were strewn across the streets.”

Zochrot's Umar Al Ghubari said those who were not killed were taken by Israeli forces for labour.

“They were forced to clean up the mosque in the aftermath of the massacre,” he said. “It was traumatising for them.”

The emptied homes were looted and the lands confiscated, divided and redistributed among Jews who immigrated to Israel from Europe, Asia and Africa between 1948 and 1951.

By 1950, there were 8,400 Jews and 1,000 Palestinians in the city, renamed Lod.

“Palestinians are not a minority, they were minoritised. It was not a natural process,” said Mr Al Ghubari.

Streets and localities in Al Lydd across the former Palestinian villages and cities were given Hebrew names.

“This is part of the process to Judaise Palestinian land and to further deepen the rift between Palestinians and their historic homes,” said Mr Al Ghubari.

The square where the Dahmash Mosque killings took place over 70 years ago is now known as Palmach Street.

Iqrit, Acre. Renamed Granot Hagalil, Goren.

  • A photograph of Iqrit, Galilee, in 1937, before Israeli forces depopulated the hill-top community in 1948. AFP
    A photograph of Iqrit, Galilee, in 1937, before Israeli forces depopulated the hill-top community in 1948. AFP
  • The church of Iqrit pictured in December 2014. Courtesy: Zochrot
    The church of Iqrit pictured in December 2014. Courtesy: Zochrot
  • Palestinian refugees of Iqrit and their descendants visit the predominantly Christian village on December 26, 2014. Courtesy: Zochrot
    Palestinian refugees of Iqrit and their descendants visit the predominantly Christian village on December 26, 2014. Courtesy: Zochrot
  • Iqrit refugees and their descendants return to the village after its capture and partial destruction by Israeli forces. Courtesy: Zochrot
    Iqrit refugees and their descendants return to the village after its capture and partial destruction by Israeli forces. Courtesy: Zochrot
  • A view from the church, the only remaining structure in Iqrit. AFP
    A view from the church, the only remaining structure in Iqrit. AFP
  • Former residents of Iqrit visit the church in 2013. AFP
    Former residents of Iqrit visit the church in 2013. AFP

High in the mountains, kilometres from the border with Lebanon, was the Palestinian village of Iqrit.

According to Pappe, its predominantly Maronite Christian community surrendered to an Israeli battalion without a fight on October 31, 1948, because they expected to be welcome in the new Jewish state.

The battalion's commander ordered the people to leave for their safety but promised they could return two weeks later, once military operations were over.

On November 6, the village's inhabitants were evicted from their homes. Some crossed into southern Lebanon, while others were taken to Rama, further south in Jenin, in lorries. Only 50 of the roughly 570 villagers were permitted to stay but were driven out six months later.

Families that were expelled from the village sought to return to their homes but, in September 1949, the Israeli government applied Emergency Regulations, which prevented the repatriation the commander previously promised.

In May 1951, the people of Iqrit brought their case to the Israeli Supreme Court, which ruled the eviction was illegal and ordered the army to allow the villagers to return to their homes.

To bypass the ruling, the army retroactively issued a formal expulsion order, such as those issued for the hundreds of other Palestinian villages that were depopulated from 1947 to 1948.

To prevent further repatriation attempts, the Israeli army demolished all the houses in Iqrit on Christmas Eve in 1951. Only the church and cemetery were spared.

According to Pappe, the army later claimed the village was destroyed in a military exercise.

The Israeli villages of Shomera, Even Machem and Gornot HaGalil were established on the ruins of Iqrit and neighbouring villages.

Despite the destruction of their homes, the families continued to fight for their right to return to Iqrit. In the 1970s, villagers conducted sit-ins in the old church over a series of six years.

In 1972, Golda Meir, the fourth Israeli prime minister, said Palestinians from Iqrit were refused repatriation rights to avoid setting a precedent.

In the early 2000s, a final supreme court ruling rejected the Palestinians' demand to reclaim their land.

The families continue to seek redress through Israeli courts, hoping to one day be allowed to return to their grandparents' homes.

What comes next for Palestinian refugees?

Palestinians have long maintained that the right to return to their original homes, from within Israel, the Palestinian territories and abroad, is fundamental and non-negotiable as part of a lasting peace agreement.

This would encompass the return of at least five million Palestinians – including those who fled or were forcibly expelled in 1948 and their descendants living abroad.

The overwhelming number of people who would potentially go back to the Occupied Palestinian Territories, under such a plan, would undeniably change the demographic of the land and of Israel itself.

“As long as Palestinian refugees don’t have a right to return, the Nakba is ongoing,” said Mr Al Ghubari.

“As long as Palestinians are still facing and living in injustice by and for the creation of Israel – another aspect of Nakba is still ongoing.”

While UN Resolution 194 of 1948 mandates the right of return for refugees and their descendants, 73 years after the creation of Israel, Palestinians continue to be denied the right of repatriation.

Sources:

The Ethnic Cleansing of Palestine (2006) Ilan Pappe

The Birth of the Palestinian Refugee Problem Revisited (2004) Benny Morris

Operation Dani and the Palestinian Exodus from Lydda and Ramle in 1948 by Benny Morris. Middle East Journal Vol. 40, No 1 (Winter, 1986)

All That Remains: The Palestinian Villages Occupied and Depopulated by Israel in 1948 (2006) Walid Al Khalidi

Atlas of Palestine, 1917-1966 (2010) Salman Abu Sitta

Zochrot

*A version of this story was first published in July 2021

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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.”

Ads on social media can 'normalise' drugs

A UK report on youth social media habits commissioned by advocacy group Volteface found a quarter of young people were exposed to illegal drug dealers on social media.

The poll of 2,006 people aged 16-24 assessed their exposure to drug dealers online in a nationally representative survey.

Of those admitting to seeing drugs for sale online, 56 per cent saw them advertised on Snapchat, 55 per cent on Instagram and 47 per cent on Facebook.

Cannabis was the drug most pushed by online dealers, with 63 per cent of survey respondents claiming to have seen adverts on social media for the drug, followed by cocaine (26 per cent) and MDMA/ecstasy, with 24 per cent of people.

Tell-tale signs of burnout

- loss of confidence and appetite

- irritability and emotional outbursts

- sadness

- persistent physical ailments such as headaches, frequent infections and fatigue

- substance abuse, such as smoking or drinking more

- impaired judgement

- excessive and continuous worrying

- irregular sleep patterns

 

Tips to help overcome burnout

Acknowledge how you are feeling by listening to your warning signs. Set boundaries and learn to say ‘no’

Do activities that you want to do as well as things you have to do

Undertake at least 30 minutes of exercise per day. It releases an abundance of feel-good hormones

Find your form of relaxation and make time for it each day e.g. soothing music, reading or mindful meditation

Sleep and wake at the same time every day, even if your sleep pattern was disrupted. Without enough sleep condition such as stress, anxiety and depression can thrive.

The%20specs
%3Cp%3E%3Cstrong%3EPowertrain%3A%20%3C%2Fstrong%3ESingle%20electric%20motor%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E201hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E310Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E53kWh%20lithium-ion%20battery%20pack%20(GS%20base%20model)%3B%2070kWh%20battery%20pack%20(GF)%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E350km%20(GS)%3B%20480km%20(GF)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C900%20(GS)%3B%20Dh149%2C000%20(GF)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
SCORES IN BRIEF

New Zealand 153 and 56 for 1 in 22.4 overs at close
Pakistan 227
(Babar 62, Asad 43, Boult 4-54, De Grandhomme 2-30, Patel 2-64)

HER%20FIRST%20PALESTINIAN
%3Cp%3EAuthor%3A%20Saeed%20Teebi%3C%2Fp%3E%0A%3Cp%3EPages%3A%20256%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%C2%A0House%20of%20Anansi%20Press%3C%2Fp%3E%0A
The five types of long-term residential visas

Obed Suhail of ServiceMarket, an online home services marketplace, outlines the five types of long-term residential visas:

Investors:

A 10-year residency visa can be obtained by investors who invest Dh10 million, out of which 60 per cent should not be in real estate. It can be a public investment through a deposit or in a business. Those who invest Dh5 million or more in property are eligible for a five-year residency visa. The invested amount should be completely owned by the investors, not loaned, and retained for at least three years.

Entrepreneurs:

A five-year multiple entry visa is available to entrepreneurs with a previous project worth Dh0.5m or those with the approval of an accredited business incubator in the UAE.  

Specialists

Expats with specialised talents, including doctors, specialists, scientists, inventors, and creative individuals working in the field of culture and art are eligible for a 10-year visa, given that they have a valid employment contract in one of these fields in the country.

Outstanding students:

A five-year visa will be granted to outstanding students who have a grade of 95 per cent or higher in a secondary school, or those who graduate with a GPA of 3.75 from a university. 

Retirees:

Expats who are at least 55 years old can obtain a five-year retirement visa if they invest Dh2m in property, have savings of Dh1m or more, or have a monthly income of at least Dh20,000.

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5