An injured child at Al Shifa Hospital after Israeli air strikes. A child is killed every 15 minutes in Gaza, Unicef's Middle East chief has said. Reuters
An injured child at Al Shifa Hospital after Israeli air strikes. A child is killed every 15 minutes in Gaza, Unicef's Middle East chief has said. Reuters
An injured child at Al Shifa Hospital after Israeli air strikes. A child is killed every 15 minutes in Gaza, Unicef's Middle East chief has said. Reuters
An injured child at Al Shifa Hospital after Israeli air strikes. A child is killed every 15 minutes in Gaza, Unicef's Middle East chief has said. Reuters

One child killed is too many, says Unicef as more than 4,000 die in Gaza


Mina Aldroubi
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Live updates: Follow the latest news on Israel-Gaza

One child killed is too many, Unicef's Middle East chief has told The National after more than 4,000 Palestinian children died in Israeli strikes on the Gaza Strip.

On average, a child is killed in the besieged enclave every 15 minutes, Adele Khodr, the UN children's agency's regional director for Middle East and North Africa, said in an interview.

Almost every 15 minutes there is one child that is being killed
Adele Khodr ,
Unicef regional director for Middle East and North Africa

“The latest figures reported from the Ministry of Health in Palestine indicate that 4,142 children have been killed and around 8,000 injured within a span of one month. This means almost every 15 minutes there is one child that is being killed,” she said.

She joined other UN officials in calling for an immediate ceasefire, which Israel has repeatedly rejected despite the horrific death toll.

Ms Khodr warned that many children in the besieged enclave who survive will need psychiatric support to carry on with their lives after the war ends.

More than 10,000 Palestinians have been killed in Gaza, including at least 4,100 children, according its ministry of health, since Israel began air strikes on the enclave following the unprecedented October 7 attacks by Hamas.

“One child is too many,” Ms Khodr said. “Even if it is affecting one child, we consider it as too many children.”

Graveyard for children

UN Secretary General Antonio Guterres demanded a humanitarian ceasefire on Monday, as the war entered its second month, warning that Gaza is becoming a “graveyard for children”.

Palestinian children, including newborns and babies, have been hit by air strikes and rockets, burnt by blasts and crushed by collapsing buildings.

They are seeing things a child shouldn't see
Adele Khodr,
Unicef regional director for Middle East and North Africa

Images of shell shocked children being pulled from under the rubble have been circulating on social media. Videos of young boys and girls covered in blood and dust after they lost their entire families have triggered international condemnation and widespread protests calling for the end of the war on Gaza and the protection of the most vulnerable.

“If you look at footage you will find that some children are trembling and they cannot hold their legs straight. They are seeing things a child shouldn't see,” Mrs Khodr explained.

In a video seen by millions online, a young girl is seen screaming: “I recognised my mother from her hair, she is gone. My mother is dead.”

On Tuesday, eight-year-old Hamza Talib was walking with his father to a supermarket to get food when an Israeli air strike targeted the area.

“I watched my father die in front of me,” Hamza told The National.

“No one knows where I am, I need to tell my mother that I am alive,” he said, as he sobbed and shook in the aftermath of the attack.

The senior UN official said: “We are concerned about the children’s mental health and we are concerned about their psychosocial well-being because the scenes that they are seeing in front of them are really horrific scenes.

“Sometimes one of their parents or their siblings or their neighbours or their friends are being killed in front of them,” Ms Khodr said.

The agency has been advocating for injured children to be transported to Egypt for medical treatment because Gaza's hospitals are overwhelmed and running out of medical supplies.

“We advocated very strongly that the family of the child at least the mother or the father goes with them,” she said.

Israel has been accused of dropping chemicals on the Strip, which are likely to cause lifelong diseases.

“[Children] have acute respiratory infections, it will develop into skin diseases, and some of them might be curable and others might be there for life,” Ms Khodr said.

To secure a better future, children in Gaza will need to “feel that there is somewhere where they can go and sleep peacefully. It's as simple as that,” she added.

The relentless Israeli bombing has put education on hold once again, as schools turn into makeshift shelters and families struggle to survive.

More than a dozen of Unicef's staff in the Gaza Strip are sheltering inside schools like the rest of the Gazan population.

There is no safe place in strip for the whole population and especially for children, the agency has repeatedly said since early October.

“It's one of the most densely populated regions in the world and this is why we are really concerned about the impact of the war on children,” Ms Khodr said.

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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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Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

Updated: November 08, 2023, 6:37 AM