Live updates: Follow the latest on Israel-Gaza
Several major UNRWA donors have resumed funding for the Palestinian refugee aid agency, weeks after it was caught up in a scandal over alleged militant links.
About 20 countries suspended donations after Israeli intelligence alleged in January that UNRWA staff were involved in the October 7 attack by Hamas that triggered the war in Gaza.
Twelve UNRWA staff were sacked and two UN-appointed panels are reviewing its work, but the agency has pleaded with donors to maintain funding during the crisis in Gaza.
Backers of UNRWA say the 75-year-old agency is the only one with the presence and reach to deliver effective humanitarian aid to Palestinians.
With pressure growing to ease Gaza's suffering, some countries have chosen to reinstate funding before the two investigations have finished.
Having warned money could run low by March, UNRWA chief Philippe Lazzarini now says the situation is “less dramatic” and that funding is secure until May.
Resuming funding
Annual pre-war donations in brackets
France ($28.9m)
France says it will provide €30 million ($32 million) this year as long “conditions are met for UNRWA to carry out its missions in a spirit devoid of calls for hatred and violence.”
A Foreign Ministry spokesman said on Thursday that Paris “very favourably welcomed” pledges by UN Secretary General Antonio Guterres to make reforms to UNRWA.
He also welcomed the external review being led by former French foreign minister Catherine Colonna. An interim report on March 20 said it there were “critical areas” that needed to be addressed. A final report is due next month.
Unlike some donors, France did not formally announce a suspension of funding but said it had no transfers planned in early 2024 and would decide on next steps “in light of measures taken by the UN”.
Japan ($30.1m)
UNRWA left talks in Tokyo on Friday with a promise that new funding from Japan is moving to the “final co-ordination” phase.
In return, Mr Lazzarini promised better screening of staff and more oversight of field offices to meet Japan's demand that “our assistance is not used for any terrorist activities”.
It also pledged to address “issues of concern” in school textbooks used by UNRWA, which have previously been the subject of anti-Semitism accusations.
Japan did not reveal the size of any new donation but said it was moving to “resume its contribution”, worth $30.1 million in 2022.
Sweden ($61m)
Sweden approved 200 million kronor ($18.7 million) of funding on March 9, saying it had received assurances from UNRWA about transparency and internal checks on staff.
A further 200 million kronor is earmarked for UNRWA later this year if it “makes progress on the measures to which it has agreed” to strengthen supervision.
Fredrik Floren, the Swedish ambassador to the UAE, this week assured The National of a “very clear humanitarian engagement from our side, as well as various political support for a two-state solution”.
Finland ($7.8m)
Finland announced €5 million ($5.39 million) of new funding on March 22, saying 10 per cent of it would go on preventing misconduct within UNRWA.
It said there was no present alternative to UNRWA despite what it called “clear shortcomings” in the agency's use of funds and facilities.
UNRWA promised that “misconduct will be tackled with enhanced effectiveness”, said the Foreign Ministry in Helsinki. Finland's terms also include an annual meeting on risk management.
Finland's ambassador in the UAE, Tuula Yrjola, told The National she hoped European aid would help counter claims of double standards in the EU's approach to Gaza compared to other conflicts.
EU ($114.2m)
A €50 million ($53.9 million) payment was approved from the central EU budget on March after UNRWA agreed to a further audit by European officials.
The audit will look at UNRWA's “control systems to prevent the possible involvement of its staff and assets in terrorist activities”.
Two further €16 million ($17.3 million) transfers are being held back as an incentive for UNRWA to meet its promises to improve vetting.
Canada ($23.7m)
Canada lifted its suspension on March 8 “in recognition of robust investigative processes under way” as well as the escalating crisis in Gaza.
It said it would continue to “pursue accountability and reforms” and for UNRWA to show “determination to improve its own security systems”.
Officials said no scheduled payment had been missed from what is typically a contribution of just under $25 million a year.
Partially resumed
Germany ($202.1 million)
Germany, UNRWA's second-biggest donor, announced €45 million ($48.5 million) of new funding on Monday but only for the agency's work outside Gaza.
The money will go on projects such as food aid for the occupied West Bank and health and education for displaced Palestinians in Jordan and Lebanon.
Future aid for UNRWA in Gaza “will depend on the progress” of the two investigations and how the UN responds to their findings, officials in Berlin said.
Germany says no regular payments for Gaza are pending and that it has increased funding for other humanitarian players such as the World Food Programme and Unicef.
Still suspended
United States ($343.9m)
Israel's closest ally looks set to withhold funds from UNRWA until at least March 2025.
Wording to that effect was added to a $1.2 trillion budget deal passed by Congress and signed by US President Joe Biden last week.
However, Canada says Washington has been quietly asking allies to keep providing aid. The US State Department did not deny this.
By 2025, former president Donald Trump could be back in the White House, having stopped payments to UNRWA in 2018. Mr Biden resumed them in 2021.
United Kingdom ($21.2m)
Britain says it will “look very carefully” at the results of the two investigations before deciding whether to resume funding for UNRWA.
The UK hopes that “measures will be taken that will allow everyone, not just Britain, to restore funding to UNRWA in due course”, Development Minister Andrew Mitchell said this week.
Officials say no payments are outstanding before the end of the current financial year in April.
Italy ($18.0m)
Prime Minister Giorgia Meloni said last week that UNRWA must shed “full light” on Israel's allegations before Italy resumes funding.
“Until full light is shed on the use of the resources, we must not make this mistake,” Ms Meloni said.
Italy has launched a separate initiative called Food for Gaza and made payments to the Red Cross to help people in Gaza, officials say.
Never stopped
Some donors in Europe bucked the western trend by never suspending payments to UNRWA in the first place.
They included Norway, Belgium, Spain, Portugal and Ireland.
UNRWA's top donors outside the West include Saudi Arabia and Turkey, which did not pause funding.
UAE currency: the story behind the money in your pockets
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Favourite quote: “My people and I will not settle for anything less than first place” – Sheikh Mohammed bin Rashid.
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Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
'The Sky is Everywhere'
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Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
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- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
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SPECS
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UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Ibrahim's play list
Completed an electrical diploma at the Adnoc Technical Institute
Works as a public relations officer with Adnoc
Apart from the piano, he plays the accordion, oud and guitar
His favourite composer is Johann Sebastian Bach
Also enjoys listening to Mozart
Likes all genres of music including Arabic music and jazz
Enjoys rock groups Scorpions and Metallica
Other musicians he likes are Syrian-American pianist Malek Jandali and Lebanese oud player Rabih Abou Khalil