A ceasefire to end days of deadly clashes in Lebanon’s largest refugee camp for Palestinians, Ain Al Hilweh, has failed to deter heavy fighting between rival factions which has killed 11 people and caused thousands to flee their homes.
"The ceasefire is in name only but it's not the reality on the ground," said a member of the Popular Committees, a committee of representatives of the political factions that de facto govern the camp.
"There was a brief lull in the fighting yesterday evening that continued into the morning," he said on Tuesday, speaking on condition of anonymity. "But by afternoon the fighting was as bad as it was yesterday, if not worse."
Some of the camp's residents told The National they feared the Lebanese army could intervene should the fighting continue or spread outside the camp, although the official said it was "too early for that kind of talk".
At least two thousand people have fled their homes during clashes in the alleys and streets of the overcrowded camp, the UN Relief and Works Agency for Palestinian Refugees (UNRWA) said, while 11 people were killed in the fighting and dozens injured, it added.
The so-called ceasefire was established on Monday evening with Lebanese mediation following heavy fighting between a number of Islamist insurgent groups and Fatah, the most powerful faction in the camp.
Ola, a homemaker living near the camp, told The National by phone that clashes had persisted despite the ceasefire. The sound of shelling could be heard in the distance as she spoke.
“I don’t dare to leave the house yet,” she said. “And if the ceasefire breaks down and things get worse, I’ll try to get my family to leave the area.”
She said she and other camp residents were fearful of a potential intervention by the army, adding that she had seen an army reconnaissance plane hovering over the camp overnight.
The Lebanese military does not typically enter the refugee camps due to a decades-long agreement with the Palestinian factions who run them.
“But if shells fall on them or the fighting extends outside the camps, who knows?” Ola said. “The army might try to subdue the clashes themselves.”
A security source in the Lebanese army did not deny the possibility of intervention but said it was unlikely.
“Until now [the Lebanese army] isn’t entering,” he said. “Fundamentally, entry into the camp isn’t that simple. For now, we’re at the gates and we’ve closed off all the entrances from every side.”
For more than a decade, Ain Al Hilweh, notorious for harbouring criminals and Islamist militants, has been the site of a power struggle between a network of militant extremists and the Fatah movement’s security apparatuses.
Although clashes are not uncommon, this week’s battles were especially ferocious.
“There needs to be some sort of political agreement,” camp resident Talal Aboujamous said, expressing concern that the ceasefire is only temporary.
“An understanding should be reached because we, the people living here, are paying the price for all the fighting.”
The US State Department called on all factions to respect the safety of civilians and private and public property, including schools and healthcare facilities, following the "alarming reports of escalating violence" in the camp.
"We are especially concerned by reports that the violence damaged at least two schools schools operated by UNRWA," spokesman Matthew Miller said.
Assassination trigger
The heavy violence first erupted Sunday after the killing of Fatah official Abu Ashraf Al Armoushi, in charge of security in the camp, and four of his bodyguards on Sunday, in what the group called a “heinous assassination operation”.
That killing was preceded by a failed assassination attempt on an extremist leader on Saturday, which left one person dead.
The killing of Mr Al Armoushi and the subsequent clashes were an attempt by “extremist terrorist groups” seeking to “pass external plans and agendas aimed at striking the state of stability and peace that the Palestinian camps in Lebanon are witnessing", Fatah’s security forces said in a statement on Monday.
The assailants were identified as members of the militant Islamist group Jund al Sham “and takfiri gangs”, according to the commander of the Palestinian National Security Forces in the Lebanese Camps, Maj Gen Subhi Abu Arab.
An audio recording of a commander of Jund Al Sham, Haitham Al Shaabi, accusing the rival Fatah group of breaking the ceasefire was circulating on Tuesday afternoon as clashes intensified.
"They opened fire and opened on us from all fronts," he said. "Until now there have been no more injuries on our side."
The recording was verified by the member of the Popular Committees as authentic.
Lebanon's refugee camps have for decades sheltered Palestinians forcibly expelled from their land during what they refer to as the Nakba, or catastrophe, which saw the creation of Israel in 1948.
Ain Al Hilweh holds more than 50,000 registered refugees, many of them from coastal towns in northern Palestine, now northern Israel.
Notably, it is also home to some of the 30,000 Palestinian refugees displaced from the Nahr Al Bared camp in 2007 during 15 weeks of fighting between the Lebanese army and Islamist extremists, which saw the destruction of the camp.
About 500,000 registered Palestinian refugees live in 12 camps across Lebanon, although the actual number is believed to be closer to 200,000 because many Palestinians emigrate from Lebanon but remain registered through UNRWA.
Abdul Jabar Qahraman was meeting supporters in his campaign office in the southern Afghan province of Helmand when a bomb hidden under a sofa exploded on Wednesday.
The blast in the provincial capital Lashkar Gah killed the Afghan election candidate and at least another three people, Interior Minister Wais Ahmad Barmak told reporters. Another three were wounded, while three suspects were detained, he said.
The Taliban – which controls much of Helmand and has vowed to disrupt the October 20 parliamentary elections – claimed responsibility for the attack.
Mr Qahraman was at least the 10th candidate killed so far during the campaign season, and the second from Lashkar Gah this month. Another candidate, Saleh Mohammad Asikzai, was among eight people killed in a suicide attack last week. Most of the slain candidates were murdered in targeted assassinations, including Avtar Singh Khalsa, the first Afghan Sikh to run for the lower house of the parliament.
The same week the Taliban warned candidates to withdraw from the elections. On Wednesday the group issued fresh warnings, calling on educational workers to stop schools from being used as polling centres.
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Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
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.”
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
COMPANY%20PROFILE
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Monster Hunter: World
Capcom
PlayStation 4, Xbox One
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
On sale: now
In The Heights
Directed by: Jon M. Chu
Stars: Anthony Ramos, Lin-Manual Miranda
Rating: ****
The%20specs
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer