Live updates: Follow the latest news on Israel-Gaza
France's border de-escalation plan aims to lay the groundwork for restoring safety along the Lebanon-Israel border after the end of the Israel-Gaza war, a western diplomat told The National, despite the proposals facing significant obstacles.
France's Foreign Minister presented to Lebanese authorities the first written proposal to end hostilities between Israeli forces and armed groups led by Hezbollah in Lebanon after weeks of western mediation, Reuters reported on Tuesday.
But Hezbollah, which is backed by Iran and allied with Hamas, has repeatedly stated there will be no talks to end hostilities without a ceasefire in Gaza.
The group opened a front on the Israel-Lebanon border to divert Israel's military capabilities away from its operations in Gaza on October 8. Since then, Israeli air strikes and heavy shelling have hit Hezbollah targets in southern Lebanon, while the group has fired volleys of rockets into Israel.
“Hezbollah remains entrenched in its positions: there won't be an agreement as long as there is a war in Gaza. But, this doesn't preclude discussions beforehand,” the western diplomat said.
“Such a proposal triggers reactions. This could be seen as pre-negotiations to accelerate the post-Gaza war process.”
Hezbollah's leader Hassan Nasrallah condemned the western proposals to end the Israel-Lebanon conflict during a speech on Tuesday, claiming they only serve Israeli interests.
"They take the proposal from Israel without any comments or criticisms and present it to Lebanon as if we are supposed to accept it," he said.
"Mr Nasrallah addressed this proposal and others in his speech, describing them as having a singular goal, which is to provide security for Israel", a spokesman for Hezbollah told The National.
France's proposal
The document was delivered to senior Lebanese state officials including caretaker Prime Minister Najib Mikati by French Foreign Minister Stephane Sejourne last week, Reuters reported, quoting four senior Lebanese and three French officials.
“The Lebanese authorities shared their feedbacks,” he confirmed to The National.
France, a former colonial power in Lebanon, has maintained significant political influence in the country. It has 20,000 citizens residing there and approximately 800 troops deployed as part of a UN peacekeeping force.
Reuters said the document proposed Hezbollah would dismantle all premises and facilities close to the frontier and withdraw combat forces – including Hezbollah's elite Radwan fighters and military capabilities such as anti-tank systems – at least 10km north of the frontier.
This would allow the safe return of the tens of thousands of Israelis displaced from the northern border.
The proposal said within 10 days of the Hezbollah withdrawal, Lebanon and Israel would resume negotiations on delimiting the 13 disputed points along the Israel-Lebanon border “in a gradual way”, according to Reuters.
At the same time, Israel would halt air and artillery strikes inside Lebanon. Israel has been accused of using white phosphorus, a highly toxic substance that burns on contact with air and causes burn injuries.
Contentious points
The western diplomat said this proposal remains a blueprint open to negotiations. He stressed there were two main contentious points.
The first issue relates to the plan for Hezbollah to withdraw from the border. The group is deeply entrenched within the local population in southern Lebanon.
“It would be easier to transfer the Litani river to the border than it would be to transfer Hezbollah north of the Litani,” Mr Nasrallah said in his Tuesday speech, referring to previous proposals requesting Hezbollah to withdraw up to the Litani, 30km from the border.
“I don't think Hezbollah will formally accept a complete withdrawal but they may render their presence invisible or partially withdraw,” the source said.
The other issue, the source said, is the idea of an international surveillance mechanism to monitor violations of the agreement.
This mechanism would be based on the 1996 committee, which included Israel, Lebanon, the US, and France, established after the Israeli army's 17-day campaign against Hezbollah known as Operation Grapes of Wrath in April that year.
“Nothing is set in stone. The idea was to start something to launch a discussion,” the diplomat said.
Israel cannot 'impose conditions'
Israel said it was studying the proposals, according to Reuters.
“On principle, Israel agrees with that kind of diplomatic solution, but they are sceptical that an agreement can be found,” the source said.
Israel has repeatedly threatened to initiate a major operation in Lebanon if the diplomatic efforts concerning a border agreement were to fail.
“The enemy is not in a position to impose conditions on Lebanon,” Mr Nasrallah said.
“The issue of the 13 points is always presented as up for discussion “after” a ceasefire in south Lebanon, so the proposal offers Lebanon pretty much nothing in return besides promises of future negotiations,” he said.
Since the Gaza war began on October 7, there has been growing fear that daily clashes between the Lebanese armed group and Israel could become a full-scale war.
Cross-border fire since the start of the Gaza war has killed at least 238 people in Lebanon, most of them Hezbollah fighters but also about 30 civilians, AFP reported. On the Israeli side, nine soldiers and six civilians were killed.
More than 28,300 people have been killed in Gaza under fierce Israeli bombardment, after Hamas launched a surprise attack in southern Israel on October 7, killing about 1,200 people.
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
World Sevens Series standing after Dubai
1. South Africa
2. New Zealand
3. England
4. Fiji
5. Australia
6. Samoa
7. Kenya
8. Scotland
9. France
10. Spain
11. Argentina
12. Canada
13. Wales
14. Uganda
15. United States
16. Russia
THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara
UAE currency: the story behind the money in your pockets
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UAE cricketers abroad
Sid Jhurani is not the first cricketer from the UAE to go to the UK to try his luck.
Rameez Shahzad Played alongside Ben Stokes and Liam Plunkett in Durham while he was studying there. He also played club cricket as an overseas professional, but his time in the UK stunted his UAE career. The batsman went a decade without playing for the national team.
Yodhin Punja The seam bowler was named in the UAE’s extended World Cup squad in 2015 despite being just 15 at the time. He made his senior UAE debut aged 16, and subsequently took up a scholarship at Claremont High School in the south of England.
UAE currency: the story behind the money in your pockets
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MATCH INFO
What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany
Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)
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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.”
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5