A view of the aftermath of the Israeli strike on the Engineers’ Building near Nuseirat refugee camp on October 31, 2023. Getty Images
A view of the aftermath of the Israeli strike on the Engineers’ Building near Nuseirat refugee camp on October 31, 2023. Getty Images
A view of the aftermath of the Israeli strike on the Engineers’ Building near Nuseirat refugee camp on October 31, 2023. Getty Images
A view of the aftermath of the Israeli strike on the Engineers’ Building near Nuseirat refugee camp on October 31, 2023. Getty Images

Israeli strike on Gaza that killed 106 civilians a war crime, Human Rights Watch says


Nada AlTaher
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An Israeli air strike in Gaza that killed 106 people, including 54 children, in late October was an “apparent war crime”, Human Rights Watch has said.

There was no indication that any Hamas militants were in the vicinity at the time of the attack on the Engineers' Building in central Gaza on October 31, said a report released on Thursday.

HRW spoke to relatives of those killed and analysed satellite imagery, photographs and videos.

At least 350 people were in the building south of the Nuseirat refugee camp, witnesses told HRW.

“At least 150 were seeking shelter after fleeing their homes elsewhere in Gaza,” the report said.

The building was completely destroyed when four bombs hit it in 10 seconds, the report added.

“Human Rights Watch was unable to visit the site because Israeli authorities have blocked virtually all entry into Gaza at its crossings since October 7,” it said.

“Israel has repeatedly denied Human Rights Watch requests to enter Gaza over the last 16 years.”

In its nearly six-month war, the Israeli air force has used tens of thousands of munitions, including 900kg bombs that can level entire apartment buildings and send shrapnel 365 metres from the blast.

Last week, the US authorised the transfer of another 1,800 MK84 900kg bombs and 25 F-35 stealth fighter bombers to the Israeli air force.

The latest military support package comes despite fraught relations between Israel and the US, with growing American criticism of Israel's military campaign and the number of civilian deaths. Those include seven aid workers from US-based charity World Central Kitchen, killed in Israeli air strikes on Tuesday.

The charity has called for an independent investigation into the Israeli strikes, which hit three vehicles that were clearly marked as belonging to WCK.

"This was a military attack that involved multiple strikes and targeted three WCK vehicles," the charity's chief executive Erin Gore and executive co-chairman Javier Garcia said.

"All three vehicles were carrying civilians, they were marked as WCK vehicles and their movements were in full compliance with Israeli authorities, who were aware of their itinerary, route and humanitarian mission."

Criticism of Israel is also mounting as more images and testimonies emerge from the aftermath of Israel's raid on Al Shifa hospital in northern Gaza.

Israel has admitted to killing at least 200 “militants” and detaining 900 for questioning, without specifying where.

“The whole six months of war is one thing – but what happened in Al Shifa is a completely different thing,” said Ahmed Kouta, a Gazan doctor who visited the site after Israeli forces withdrew.

“We used to sleep, eat, see our friends and family there. Our whole education was at Al Shifa as students and during our post-grad whether as staff workers or visitors.

“Everybody has a memory in that place.”

On Thursday, Gaza's Health Ministry said 33,037 Palestinians have been killed and 75,668 injured since Israel's war in Gaza began. Hamas killed about 1,200 people in its attack on October 7, also taking about 240 hostages.

Israel has continued its bombardment of Rafah, where nearly all of Gaza's 2.3 million population are seeking shelter. It is also bombing other areas of the enclave.

In Rafah, bodies were pulled from under the rubble after Israeli air strikes on several homes.

A Palestinian boy salvages items from a damaged apartment following an Israeli bombardment in Rafah on Thursday. AFP
A Palestinian boy salvages items from a damaged apartment following an Israeli bombardment in Rafah on Thursday. AFP

At least two people were killed by Israeli strikes in Nuseirat camp, and others were killed in artillery shelling south of Deir Al Balah in central Gaza, Palestinian state news agency Wafa reported on Thursday.

Several civilians were injured in attacks on homes in Al Zaitoun and Tal Al Hawa neighbourhoods in Gaza city, Wafa reported.

In Khan Younis, in the south, Israel fired at Al Nasser and Al Amal hospitals, injuring several people. The exact number of casualties is still being determined.

“Occupation aircraft opened fire on citizens' homes in Al Qarara, north-east of Khan Younis,” Wafa reported.

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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.”

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The flights
The closest international airport to the TMB trail is Geneva (just over an hour’s drive from the French ski town of Chamonix where most people start and end the walk). Direct flights from the UAE to Geneva are available with Etihad and Emirates from about Dh2,790 including taxes.

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The Tour du Mont Blanc takes about 10 to 14 days to complete if walked in its entirety, but by using the services of a tour operator such as Raw Travel, a shorter “highlights” version allows you to complete the best of the route in a week, from Dh6,750 per person. The trails are blocked by snow from about late October to early May. Most people walk in July and August, but be warned that trails are often uncomfortably busy at this time and it can be very hot. The prime months are June and September.

 

 

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Updated: April 04, 2024, 1:00 PM