Israeli protesters run as police officers use water canon after clashes erupted during a demonstration against the government's judicial overhaul. Getty
Israeli protesters run as police officers use water canon after clashes erupted during a demonstration against the government's judicial overhaul. Getty
Israeli protesters run as police officers use water canon after clashes erupted during a demonstration against the government's judicial overhaul. Getty
Israeli protesters run as police officers use water canon after clashes erupted during a demonstration against the government's judicial overhaul. Getty

Extremists used Israel's judicial protests to attack Palestinians


Nada AlTaher
  • English
  • Arabic

Mass protests in Israel against Prime Minister Benjamin Netanyahu's judicial reforms stretched security forces as Palestinians were subjected to right-wing extremist attacks, experts told The National.

Palestinian citizens of Israel were beaten during pro-government demonstrations in Jerusalem on Tuesday. One attack was described by Israeli police as a “savage” assault.

“The chaos created by the internal turmoil is stretching Israeli security sources and diverting attention of Israeli civilian and security leaders,” Washington Institute senior fellow Ghaith Al Omari, who has previously held positions in the Palestinian Authority, told The National.

“This creates an opening for Palestinian and Israeli extremists who could use the instability to conduct violence in the West Bank and Jerusalem.”

About 700,000 demonstrators took to the streets after Mr Netanyahu said he would sack Defence Minister Yoav Gallant for opposing the Prime Minister's plans for judicial changes. In the melee, some Palestinians were set upon.

A Palestinian taxi driver told Israeli radio station Radio Kan that he was returning home from a night shift when his car was stopped by a group of right-wing protesters. He said he could not know if what happened next was linked to those who stopped him, but he suspects the stop was planned.

"One approached and the window was open. He asked me: 'Are you an Arab? Are you an Arab?'. In panic, I called the police.

"They began to smash and hit the car. If I hadn't escaped — it's very simple, I'd be dead.

The driver, who did not wish to be named, said he managed to run off to a police station but was pursued all the way by men on bicycles and on foot.

"You always think this is faraway, that it won't happen to you ... it is very unpleasant, very scary," he said.

Since the incident he has been struggling to sleep, he said.

In some cases, members of the right wing are looking for an “excuse” to become violent, Adam Shinar, an associate professor in constitutional law at Israel's Reichman University, told The National.

“What has this Palestinian cab driver got to do with legal reforms? For some, a small group in the right wing camp, the most radical, the most extreme, they're kind of racist anyway. So for them, this is often an excuse to engage in violence and when it comes from these racist sentiments, it doesn't have to make sense.”

Tensions are usually particularly high during Ramadan especially this year as it coincides with the Jewish holiday of Passover.

Mr Netanyahu said he would delay the judicial overhaul process to next month.

But groups like the Prisoner Support and Human Rights Association (Addameer) say Israel's right wing government has worsened an already difficult situation for imprisoned Palestinians.

Measures include the introduction of the death penalty for people accused of “terrorism”.

“This bill increases the likelihood that the death penalty will be implemented and is formulated to solely apply to crimes committed by Palestinians,” a report by the group released earlier this month said.

Last month, the Knesset passed a bill which enables the government to strip Palestinians of Israeli citizenship without court approval, rendering them stateless, contrary to international law.

“Even if the government stops the judicial reforms, the attacks on prisoners will continue,” Addameer general director Sahar Francis told The National.

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Etihad Airways flies from Abu Dhabi to Kuala Lumpur, from about Dh3,600. Air Asia currently flies from Kuala Lumpur to Terengganu, with Berjaya Hotels & Resorts planning to launch direct chartered flights to Redang Island in the near future. Rooms at The Taaras Beach and Spa Resort start from 680RM (Dh597).

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Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

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Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

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Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

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First Test
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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.”

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%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Letswork%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EOmar%20Almheiri%2C%20Hamza%20Khan%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20co-working%20spaces%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%242.1%20million%20in%20a%20seed%20round%20with%20investors%20including%20500%20Global%2C%20The%20Space%2C%20DTEC%20Ventures%20and%20other%20angel%20investors%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20about%2020%3C%2Fp%3E%0A
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Formula 1 race: 5:10pm
Performance: Guns N' Roses

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England v Spain, Saturday, 11.45pm (UAE)

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The chef's advice

Troy Payne, head chef at Abu Dhabi’s newest healthy eatery Sanderson’s in Al Seef Resort & Spa, says singles need to change their mindset about how they approach the supermarket.

“They feel like they can’t buy one cucumber,” he says. “But I can walk into a shop – I feed two people at home – and I’ll walk into a shop and I buy one cucumber, I’ll buy one onion.”

Mr Payne asks for the sticker to be placed directly on each item, rather than face the temptation of filling one of the two-kilogram capacity plastic bags on offer.

The chef also advises singletons not get too hung up on “organic”, particularly high-priced varieties that have been flown in from far-flung locales. Local produce is often grown sustainably, and far cheaper, he says.

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Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics

 

Updated: March 29, 2023, 5:52 AM