Live updates: Follow the latest news on Israel-Gaza
Scores of ambulances and lorries laden with humanitarian supplies were poised to cross into Gaza on Monday, after 10 days of relentless Israeli air strikes that have killed 2,750 Palestinians, displaced one million and pulverised entire neighbourhoods in the coastal enclave.
The movement of the supplies into Gaza was supposed to be made possible by an agreement negotiated by Egypt, the US and Israel on a ceasefire scheduled to begin at 9am on Monday, but Israeli Prime Minister Benjamin Netanyahu denied a truce had been put in place, in a statement on X, formerly Twitter.
"There is currently no ceasefire and humanitarian aid in the Gaza Strip in exchange for the expulsion of foreigners," read a statement by Mr Netanyahu's office.
A Hamas official, Izzat El Reshiq, also denied that a truce was in place, Reuters reported.
Egyptian officials said the aid convoy was expected to start moving at 7am or 10am local time, depending on the ceasefire.
There was no word of any movement by early evening, though the large convoy remained in place in the border town of Rafah and the nearby city of Al Arish, both in the northern part of Egypt's Sinai Peninsula.
The Egyptian officials said four lorries laden with fuel and flying the UN flag moved late on Monday morning to the Egyptian side of the border, but stopped before they reached the Gaza side, which was bombarded at least three times by Israel last week.
They said the lorries were ordered to quickly pull back, together with other nearby vehicles, after what appeared to be an Israeli air strike shortly before nightfall that hit the Gaza side of the crossing.
There was no immediate confirmation whether the crossing was damaged or there were any casualties.
According to the reported agreement, foreign citizens trapped in Gaza by the violence would be allowed to cross into Egypt. There was no word immediately available on their number or nationalities but they are believed to include Europeans and Americans.
US authorities have told American citizens in Gaza to move closer to the crossing in the south of the coastal enclave. There are an estimated 500-600 US citizens in Gaza, many them dual American-Palestinians.
Egyptian officials said scores of foreign citizens had gathered with their belongings on the Gaza side of the border early in the morning in the hope of crossing into Egypt.
Egyptian Foreign Minister Sameh Shoukry on Monday said the Israeli government had yet to take a stance that allowed the Rafah crossing to reopen.
Mr Netanyahu's apparent rejection of a ceasefire put on hold a plan to allow humanitarian supplies into Gaza, which Egypt, Israel and the US had been discussing, according to the Egyptian officials.
US Secretary of State Antony Blinken reportedly struck the deal with Egyptian President Abdel Fattah El Sisi in talks in Cairo on Sunday, the officials said.
Mr Blinken was back in Israel on Monday for the latest stop in a whirlwind regional tour that also took him to Jordan, Bahrain, Saudi Arabia, Qatar and the UAE. He met Palestinian President Mahmoud Abbas in Amman, Jordan.
Israel had earlier rejected Cairo's proposals to send aid supplies to Gaza and imposed a blockade of the entire coastal enclave, denying its 2.3 million residents water, fuel and electricity.
It warned last week of military action against any attempt to take humanitarian supplies into Gaza without approval.
Israel's hard-line is juxtaposed with growing shortages of fuel, water and medical supplies in Gaza while it prepares for a potentially devastating ground offensive.
The Egyptian officials said Cairo wanted approval from Israel to send humanitarian aid in return for it allowing the foreign citizens trapped in Gaza to cross into Egypt.
Israel's air strikes in Gaza are being carried out in retaliation for an attack on October 7 by Hamas militants from the Gaza Strip in southern Israel that killed more than 1,300 people, mostly civilians, and injured thousands. It was the bloodiest day in Israel's 75-year history.
Residents in Gaza said overnight air strikes were the heaviest yet since the war began, and continued until Monday morning.
US President Joe Biden, who has expressed Washington's unwavering support for Israel and sent it military aid, also stressed the need to get humanitarian aid to Palestinian civilians. He urged Israel to follow the rules of war in its response to the Hamas attacks.
Near the Rafah border crossing, Al Arish airport on the Mediterranean has been receiving planeloads of relief supplies from donor nations and UN agencies.
According to the Egyptian Red Crescent, more than 2,000 tonnes of aid supplies are currently stored at the airport. It has come from Egypt, Turkey, Jordan, Tunisia and the UAE, with the involvement of the UN World Food Programme and Unicef.
Supplies include food, blankets and medical items, such as blood storage units.
Some of the lorries laden with aid bore an image of the Egyptian President on their side.
Egypt and Israel signed a peace treaty in 1979, but their relations have often been hit by bouts of tension over what Cairo sees as Israel's harsh treatment of the Palestinians and its reluctance to allow them an independent state in the occupied West Bank and Gaza Strip.
However, the two countries have been co-operating closely on counterterrorism and fighting human and drug trafficking into Israel from the Sinai Peninsula.
Egypt has also mediated truces to end previous wars between Israel and the militant Palestinian group Hamas, the last of which ended a conflict in 2021.
But the latest round of violence has strained relations, with Mr El Sisi telling Mr Blinken on Sunday that Israel's response to the Hamas-led attack went beyond its right to self defence and amounted to collective punishment.
Kamal Tabikha contributed to this report
Zakat definitions
Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.
Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.
Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.
Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
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UAE currency: the story behind the money in your pockets
MATCH INFO
CAF Champions League semi-finals first-leg fixtures
Tuesday:
Primeiro Agosto (ANG) v Esperance (TUN) (8pm UAE)
Al Ahly (EGY) v Entente Setif (ALG) (11PM)
Second legs:
October 23
Bombshell
Director: Jay Roach
Stars: Nicole Kidman, Charlize Theron, Margot Robbie
Four out of five stars
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Mohammed bin Zayed Majlis
BORDERLANDS
Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis
Director: Eli Roth
Rating: 0/5
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
MORE ON THE US DEMOCRATIC PRIMARIES
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How to turn your property into a holiday home
- Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
- Research equivalent Airbnb homes in your location to ensure competitiveness.
- Post on all relevant platforms to reach the widest audience; whether you let personally or via an agency know your potential guest profile – aiming for the wrong demographic may leave your property empty.
- Factor in costs when working out if holiday letting is beneficial. The annual DCTM fee runs from Dh370 for a one-bedroom flat to Dh1,200. Tourism tax is Dh10-15 per bedroom, per night.
- Check your management company has a physical office, a valid DTCM licence and is licencing your property and paying tourism taxes. For transparency, regularly view your booking calendar.
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
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.”
ICC Intercontinental Cup
UAE squad Rohan Mustafa (captain), Chirag Suri, Shaiman Anwar, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Saqlain Haider, Ahmed Raza, Mohammed Naveed, Imran Haider, Qadeer Ahmed, Mohammed Boota, Amir Hayat, Ashfaq Ahmed
Fixtures Nov 29-Dec 2
UAE v Afghanistan, Zayed Cricket Stadium, Abu Dhabi
Hong Kong v Papua New Guinea, Sharjah Cricket Stadium
Ireland v Scotland, Dubai International Stadium
Namibia v Netherlands, ICC Academy, Dubai
NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
How to get there
Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
RedCrow Intelligence Company Profile
Started: 2016
Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel
Based: Ramallah, Palestine
Sector: Technology, Security
# of staff: 13
Investment: $745,000
Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors
Major matches on Manic Monday
Andy Murray (GBR) v Benoit Paire (FRA)
Grigor Dimitrov (BGR) v Roger Federer (SUI)
Rafael Nadal (ESP) v Gilles Muller (LUX)
Adrian Mannarino (FRA) Novak Djokovic (SRB)