Israel said it has allowed 68 people, including 19 sick and injured children and their companions, to leave Gaza for Egypt through the Karam Abu Salem crossing.
It is the first medical passage permitted since Israeli forces last month took control of the Rafah border crossing, the sole entry and exit point that had been available to Gaza's civilians.
Dr Ahmad Zaqout, the director of Gaza's hospitals, told The National that 21 leukaemia patients left Gaza for Egypt on Thursday. “We accept this method of evacuation, although it is complicated. Bringing these patients out this way is insufficient.
We are constantly urging the opening of the Rafah border to allow this large number of patients to receive treatment outside Gaza
Dr Ahmad Zaqout,
director of Gaza's hospitals
“We are constantly urging the opening of the Rafah border to allow this large number of patients to receive treatment outside Gaza.”
Dr Zaquot said more than 25,000 people require treatment abroad, including 10,000 cancer patients.
“The closure of the Rafah border, the destruction of over 70 per cent of our treatment capacity, and the absence of necessary treatments, especially for cancer, have created an urgent need for these patients to be able to leave,” he added.
The process was carried out in co-ordination with the US, Egypt and the international community.
Three-year-old Rawand Shahla has developed a brain issue due to malnutrition. Her father, Ahmad, says she needs urgent treatment which is not available in Gaza.
“Rawand left to Egypt to get treatment with her mother and four sisters, I hope she gets treatment and comes back soon,” he told the National.
The family has been displaced many times since the start of the war, from the north of Gaza to Rafah in the south, then to Deir Al Balah in the central Gaza Strip.
According to the government media office in Gaza, thousands of patients are facing death because they need to travel to receive treatment, but the closure and destruction of the Rafah border crossing with Egypt on June 17 has prevented them from leaving.
The World Health Organisation put the number of patients needing medical care outside Gaza at 10,000.
“Medical evacuation corridors must be urgently established for the sustained, organised, safe and timely passage of critically ill patients from Gaza via all possible routes,” Hanan Balkhy, regional director for the WHO, said on X.
“This includes Rafah and Karem Shalom to Egypt, West Bank, East Jerusalem, and from there to other countries when needed.”
Kamla Abu Kwaik did not receive approval to leave with her five-year-old son, Fayez, an advanced cancer patient. His condition worsened during the war, and he cannot walk. His grandmother, however, was permitted to take him instead.
“I am deeply saddened that I cannot be with him,” Mrs Abu Kwaik told The National.
“My child is five years old and cannot be without his mother. He requires special care.
“He cries and keeps asking for me to be with him, but there's nothing I can do.”
More than 37,700 Palestinians have been killed during Israel's almost nine-month military campaign in Gaza and more than 86,400 have been injured.
On Friday, 11 Palestinians were killed and 22 were injured by Israeli shelling on displaced people's tents in Al Mawasi, west of Rafah, civil defence teams told The National.
Israeli tanks invaded the Al Shakoush area north-west of Rafah city in the southern Gaza Strip, forcing residents to flee.
Four others were killed overnight and others injured as a result of the Israeli shelling of Deir Al Balah, including a child.
On Thursday night, the Palestinian Civil Defence said three of its staff were killed in Gaza by an Israeli air strike while on duty, bringing the total number to 74 since the beginning of the war.
According to a recent report by the Integrated Food Security Phase Classification, 96 per cent of the population is facing acute food shortages.
WHO chief Dr Tedros Adhanom Ghebreyesus praised the medical evacuation of sick children from Gaza.
“We appeal for facilitated medical evacuation via all possible routes, including Rafah and Karem Shalom, to Egypt, the West Bank, East Jerusalem, and from there to other countries when needed,” Dr Tedros said on X.
Ground attack
Meanwhile, the Israeli military launched a ground operation in Shujaiya, a neighbourhood in Gaza city.
“The forces of the 98th Division began in the last day a divisional operation in the Shujaiya area, above and below ground at the same time,” the Israeli military confirmed on X.
Heavy bombardment has made it difficult for rescuers to reach injured residents, according to the Palestinian Civil Defence.
The Israeli military told residents of Shujaiya to evacuate.
First responders said air strikes hit five homes, killing at least three people and wounding another six.
It said rescuers were still digging through the rubble for survivors.
Shujaiya residents in a messaging group shared video footage showing large numbers of people fleeing the neighbourhood on foot with their belongings in their arms, AP reported.
UAE currency: the story behind the money in your pockets
The specs
Engine: 8.0-litre, quad-turbo 16-cylinder
Transmission: 7-speed auto
0-100kmh 2.3 seconds
0-200kmh 5.5 seconds
0-300kmh 11.6 seconds
Power: 1500hp
Torque: 1600Nm
Price: Dh13,400,000
On sale: now
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”.
Profile of Tarabut Gateway
Founder: Abdulla Almoayed
Based: UAE
Founded: 2017
Number of employees: 35
Sector: FinTech
Raised: $13 million
Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.
The specs: Hyundai Ionic Hybrid
Price, base: Dh117,000 (estimate)
Engine: 1.6L four-cylinder, with 1.56kWh battery
Transmission: Six-speed automatic
Power: 105hp (engine), plus 43.5hp (battery)
Torque: 147Nm (engine), plus 170Nm (battery)
Fuel economy, combined: 3.4L / 100km
Defending champions
World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack
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.”
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
UAE currency: the story behind the money in your pockets
The specs: 2018 Nissan Altima
Price, base / as tested: Dh78,000 / Dh97,650
Engine: 2.5-litre in-line four-cylinder
Power: 182hp @ 6,000rpm
Torque: 244Nm @ 4,000rpm
Transmission: Continuously variable tranmission
Fuel consumption, combined: 7.6L / 100km
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
Profile box
Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)
Results
2.15pm: Maiden (PA) Dh40,000 1,200m
Winner: Maqam, Fabrice Veron (jockey), Eric Lemartinel (trainer).
2.45pm: Maiden (PA) Dh40,000 1,200m
Winner: Mamia Al Reef, Szczepan Mazur, Ibrahim Al Hadhrami.
3.15pm: Handicap (PA) Dh40,000 2,000m
Winner: Jaahiz, Fabrice Veron, Eric Lemartinel.
3.45pm: Handicap (PA) Dh40,000 1,000m
Winner: Qanoon, Szczepan Mazur, Irfan Ellahi.
4.15pm: Sheikh Hamdan bin Rashid Cup Handicap (TB) Dh200,000 1,700m.
Winner: Philosopher, Tadhg O’Shea, Salem bin Ghadayer.
54.45pm: Handicap (PA) Dh40,000 1,700m
Winner: Jap Al Yassoob, Fernando Jara, Irfan Ellahi.