Israeli Prime Minister Benjamin Netanyahu has put his plans for judicial reform on hold. Reuters
Israeli Prime Minister Benjamin Netanyahu has put his plans for judicial reform on hold. Reuters
Israeli Prime Minister Benjamin Netanyahu has put his plans for judicial reform on hold. Reuters
Israeli Prime Minister Benjamin Netanyahu has put his plans for judicial reform on hold. Reuters

Israel's Netanyahu 'pauses' judicial reform until next session after mass protests


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Israeli Prime Minister Benjamin Netanyahu has said he will delay the process for discussions on the planned judicial overhaul to next month.

Further readings of the justice bill will be delayed until after the Passover recess, he said on Monday evening, confirming a statement from a right-wing party in his government coalition.

The statement said the legislation would be pushed to the next session of the Israeli parliament to "pass the reform through dialogue". Parliament will go on recess next week for the Passover holiday.

From his office in Jerusalem, Mr Netanyahu said he had "paused" the readings to reach a broad consensus "to prevent the rift in the nation".

He placed the blame on an "extremist minority" trying to divide the country and criticised army reservists who have refused to serve amid widespread controversy over the proposed reforms.

"There are a minority of extremists that are willing to tear our country to shreds ... escorting us to civil war and calling for refusal of army service, which is a terrible crime," he said.

Israel came to a standstill as more than 80,000 people took to the streets to protest against the judicial reforms and Mr Netanyahu's dismissal of a government minister opposing the legislation.

The proposed changes, which critics have called an attack on Israel's democracy, would make it harder for the Supreme Court's powers to rule against the legislature and the executive. They would also give the government more power to appoint judges.

The reforms have split the newly formed government, with far-right ministers such as Itamar Ben-Gvir threatening to resign if the legislation does not pass.

The summer session is not due to begin until April 30, giving rival sides time to reach a compromise as Israel is rocked by its biggest protests.

Mr Ben-Gvir said the prime minister had agreed to bring to a parliamentary vote “if no agreements are reached during the recess”.

The decision came as more than 80,000 Israelis took to the streets and almost all major industries went on strike on Monday in response to the proposed legislation and the firing of the country's defence minister, who mounted a vociferous attack on the bill at the weekend.

Diplomats at Israeli missions overseas were among the government employees on strike as Israelis took to the streets of major cities, chanting "the country is on fire".

Departing flights from Ben Gurion, the country’s main international airport were grounded, large retail chains and universities shut their doors, and Israel's largest trade union called for its 800,000 members — in health, transit, banking and other fields — to stop work.

Strikes were called off by the union, Histadrut labour federation, after Mr Netanyahu's speech.

"The strike that I announced this morning will end," said Arnon Bar-David, chairman of Histadrut, on Monday, praising Netanyahu for the move and offering help in forming a reform with mutual agreement.

The government had wanted to ratify the bill concerning judicial appointments by April 2, before the recess. Others had already been deferred to April 30.

Right-wing backers of the overhaul have called on supporters to counter-protest later on Monday.

Finance Minister Bezalel Smotrich, who has come under fire for anti-Palestinian comments, was expected to attend the counter-protest.

"I call on all protesters in Jerusalem, from the left or the right, to act in a responsible manner and not act with violence," Mr Netanyahu tweeted.

Ron, a teenager, is out with five of his classmates.

They are waiting eagerly by a stage on which they hope their "hero" Mr Smotrich will soon speak.

"The opposition say the people don’t want reform, but they are the real minority and everyone here is the people," he tells The National.

Protester Zev Soane said the fight was not over, despite the delay.

"We have a saying: we’re not afraid of the long path. Evil people can stoop to lows that good people can’t, so it will take time. We’ll just have to beat them in the next election, which we’ll do by even more," he said.

Zev’s daughter, Tikvah, shouted over the crowd “and I’m a woman who supports the reforms”.

His son, Azriel, lamented the discourse about Israel's reservists.

“According to the other side I shouldn’t exist: I work in high tech and I’m a reservist. Well here I am. And I feel betrayed by my countrymen”.

Mr Smotrich is a key member of the far-right coalition which helped propel Mr Netanyahu back to power in November.

Israel has been rocked by protests for months but current demonstrations have been fuelled by Mr Netanyahu's dismissal of Defence Minister Yoav Gallant.

Mr Gallant, a member of Mr Netanyahu’s Likud party, had strongly criticised the Prime Minister’s plans to overhaul the country’s judiciary.

The prime minister is now willing to allow Mr Gallant to return as minister as long as he resigns from parliament - preventing him from voting against the judicial reforms - Kan public broadcaster reported.

UK Foreign Secretary James Cleverly said in a statement: "The UK welcomes the decision today by Prime Minister Benjamin Netanyahu to pause legislation to reform Israel’s judiciary.”

“The UK enjoys a deep and historic relationship with Israel.

“As Prime Minister [Rishi Sunak] stressed in his meeting with PM Netanyahu last week, it is vital that the shared democratic values that underpin that relationship are upheld, and a robust system of checks and balances are preserved.

“We urge all parties to find common ground and seek a long-term compromise to this sensitive issue.”

White House press secretary Karine Jean-Pierre said: “We welcome this announcement as an opportunity to create additional time and space for compromise.

“A compromise is precisely what we have been calling for and we continue to strongly urge Israeli leaders to find a compromise as soon as possible. We believe that it is the best path forward for Israel and all of its citizen to find this compromise.

“Democratic societies are strengthened by checks and balances and fundamental changes to a democratic system should be pursued with the broadest possible base of popular support.

“And so that's what we're going to continue to call for."

ADCC AFC Women’s Champions League Group A fixtures

October 3: v Wuhan Jiangda Women’s FC
October 6: v Hyundai Steel Red Angels Women’s FC
October 9: v Sabah FA

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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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Started: November 2017

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

Company Fact Box

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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Second Test
December 2-6 (Adelaide Oval, Adelaide)
Third Test
December 14-18 (Waca Ground, Perth)
Fourth Test
December 26-30 (Melbourne Cricket Ground, Melbourne)
Fifth Test
January 4-8, 2018 (Sydney Cricket Ground, Sydney)

The%20National%20selections
%3Cp%3E6pm%3A%20Barakka%3Cbr%3E6.35pm%3A%20Dhahabi%3Cbr%3E7.10pm%3A%20Mouheeb%3Cbr%3E7.45pm%3A%20With%20The%20Moonlight%3Cbr%3E8.20pm%3A%20Remorse%3Cbr%3E8.55pm%3A%20Ottoman%20Fleet%3Cbr%3E9.30pm%3A%20Tranquil%20Night%3C%2Fp%3E%0A

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Starring: Alec Baldwin, Diane Lane, Arnaud Viard
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Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

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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Sunday:
GP3 race: 12:10pm
Formula 2 race: 1:35pm
Formula 1 race: 5:10pm
Performance: Guns N' Roses

Match info

Uefa Nations League Group B:

England v Spain, Saturday, 11.45pm (UAE)

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Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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KEY%20DATES%20IN%20AMAZON'S%20HISTORY
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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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Updated: March 28, 2023, 6:07 AM