Israeli Prime Minister Benjamin Netanyahu will not risk arrest if he travels to Poland to attend the 80th anniversary of the liberation of Auschwitz concentration camp this month, Polish Prime Minister Donald Tusk has said.
Mr Netanyahu is subject to an arrest warrant by the International Criminal Court over alleged war crimes in Gaza.
As a signatory to the treaty establishing the ICC, Poland is obliged to hold those who commit international crimes accountable, which means it must detain and hand over the Israeli leader if he travels there.
But Mr Tusk has confirmed his safety will be “guaranteed” after Polish President Andrzej Duda urged the government to offer Mr Netanyahu safe passage due to the “absolutely exceptional circumstances” of the event, scheduled for January 27.
Malgorzata Paprocka, the head of Mr Duda's office, confirmed to the state news agency that a letter had been sent with the request, stating he believes the government will be able to “devise an adequate formula” to provide guarantees for Mr Netanyahu that reconcile respect for international law with the significance of the Auschwitz liberation.
“In the opinion of the president, there is one issue, precisely because it is the Auschwitz camp, every person from Israel, every representative of the authorities of this country should have the opportunity to take part in this exceptional event,” Ms Paprocka said.
Mr Tusk said that, according to information from the Israeli embassy, Israel will be represented at the ceremony by Education Minister Yoav Kisch, so Mr Duda's request could be considered a “political demonstration”.
“I confirm, whether it is the Prime Minister, the President or the Minister – as it is currently declared – of Education of Israel, whoever will come … for the celebrations in Auschwitz will be assured of safety and will not be detained,” he said.
More than 1.1 million people, mostly Jews, died in gas chambers or from starvation, cold and disease at Auschwitz, which Nazi Germany set up in occupied Poland during the Second World War. At least 3 million of Poland's 3.2 million Jews were murdered by the Nazis, accounting for about half of the Jews killed in the Holocaust.
Mr Netanyahu has yet to say whether he will attend the liberation commemoration at the site of the camp in southern Poland. The Israeli Prime Minister has attended previous anniversary events held there. His office and the Foreign Ministry in Jerusalem did not immediately respond to requests for comment.
Auschwitz camp – in pictures
The court in The Hague issued arrest warrants in November for Mr Netanyahu and his former defence minister Yoav Gallant, as well as Hamas commander Mohammed Deif, named Mohammed Diab Ibrahim Al Masri in the warrants, for alleged war crimes and crimes against humanity in the Gaza conflict between Israel and the Palestinian group.
Israel has condemned the warrants for Mr Netanyahu and Mr Gallant, saying it has acted in self-defence in its air and ground war in Gaza triggered by Hamas's cross-border attack on October 7, 2023.
Hamas killed about 1,200 Israelis and took an estimated 250 people hostage when it invaded. Israel’s military response has killed more than 46,000 Palestinians.
Hungarian Prime Minister Viktor Orban said in November he planned to invite Mr Netanyahu to Budapest, disregarding the ICC arrest warrant.
French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
COMPANY%20PROFILE
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THE BIG THREE
NOVAK DJOKOVIC
19 grand slam singles titles
Wimbledon: 5 (2011, 14, 15, 18, 19)
French Open: 2 (2016, 21)
US Open: 3 (2011, 15, 18)
Australian Open: 9 (2008, 11, 12, 13, 15, 16, 19, 20, 21)
Prize money: $150m
ROGER FEDERER
20 grand slam singles titles
Wimbledon: 8 (2003, 04, 05, 06, 07, 09, 12, 17)
French Open: 1 (2009)
US Open: 5 (2004, 05, 06, 07, 08)
Australian Open: 6 (2004, 06, 07, 10, 17, 18)
Prize money: $130m
RAFAEL NADAL
20 grand slam singles titles
Wimbledon: 2 (2008, 10)
French Open: 13 (2005, 06, 07, 08, 10, 11, 12, 13, 14, 17, 18, 19, 20)
US Open: 4 (2010, 13, 17, 19)
Australian Open: 1 (2009)
Prize money: $125m
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
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F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
The Vile
Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah
Director: Majid Al Ansari
Rating: 4/5
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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.”
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
Dubai World Cup prize money
Group 1 (Purebred Arabian) 2000m Dubai Kahayla Classic - $750,000
Group 2 1,600m(Dirt) Godolphin Mile - $750,000
Group 2 3,200m (Turf) Dubai Gold Cup – $750,000
Group 1 1,200m (Turf) Al Quoz Sprint – $1,000,000
Group 2 1,900m(Dirt) UAE Derby – $750,000
Group 1 1,200m (Dirt) Dubai Golden Shaheen – $1,500,000
Group 1 1,800m (Turf) Dubai Turf – $4,000,000
Group 1 2,410m (Turf) Dubai Sheema Classic – $5,000,000
Group 1 2,000m (Dirt) Dubai World Cup– $12,000,000
Analysis
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