Live updates: Follow the latest news on Israel-Gaza
Israeli forces on Monday released the director of Gaza’s biggest hospital, Al Shifa, after more than six months in detention during which he claimed he was brutally “tortured” and “beaten” by the military.
Dr Mohammad Abu Salmiya, who was released along with about 50 other detained Palestinians, was accused by Israel of allowing Al Shifa Hospital in Gaza city to be used by Hamas as an operations centre.
Dr Abu Salmiya said Israeli forces had deprived all prisoners of their basic rights during detention.
“All prisoners have lost up to 30 kilograms due to food deprivation,” he said told press conference at Nasser Hospital in Khan Younis, south Gaza.
“I was subjected to almost daily torture in Israeli prisons. Our release from prison occurred without a deal, and the Israeli court confirmed that there were no charges against us,” he said.
Dr Abu Salmiya said the detainees did not receive any legal or international representation.
“We were prohibited from meeting any lawyer. The assaults on prisoners involve the use of dogs, batons, and the denial of mattresses and blankets,” he said.
He also accused Israeli nurses and doctors of participating in “beating detainees and violating humanitarian laws”.
Al Shifa Hospital was mostly reduced to rubble in repeated raids by the Israeli military since it launched its assault on Gaza after Hamas attacked southern Israel October 7.
Dr Abu Salmiya said he will go back to work as soon as possible and vowed that Al Shifaa hospital will be rebuild again.
Hospitals across the Palestinian enclave have suffered similar attacks in which their infrastructure was destroyed and staff members detained.
The Gaza European hospital in Khan Younis said the head of its orthopaedic unit, Bassam Miqdad, was also among those freed on Monday.
Dr Miqdad said his “detention period lasted for five and a half months, during which detainees were transferred between several prisons”.
“The treatment was bad, I was deprived of food and was verbally abused. I was moved to three Israeli detention centres, the last being Nafha Prison,” he said.
Dr Miqdad said the interrogation period took place in Ashkelon Prison, where questions on the kidnapped Israeli civilians were asked regularly.
The release of Dr Abu Salmiya and other Palestinian detainees caused outrage among Israel's top officials.
The move was described as a risk to national security, an insult to hostages and their families and a sign that Prime Minister Benjamin Netanyahu is abandoning the captives, an accusation that has become a rallying call for the opposition and civil society in recent months.
Former war cabinet member Benny Gantz, said those who released Al Shifa Hospital director must be dismissed.
Mr Gantz, leader of the National Unity party, called on Prime Minister Benjamin Netanyahu to “close some government offices to free up space and budget for prisoners”.
His comment was a reference to reports that the detainees were being freed because Israel’s prisons were full.
Itamar Ben-Gvir, Israel's far-right National Security Minister, said the release was “security negligence”.
“The time has come for the Prime Minister to stop [Defence Minister Yoav] Gallant and the head of the Shin Bet from conducting an independent policy contrary to the position of the cabinet and the government,” Mr Ben-Gvir said on X.
He repeated the accusation that Hamas used Al Shifa Hospital as a cover for its military operations and infrastructure.
Hamas denies the allegations.
Israel’s Kan news channel published leaked WhatsApp messages in which far-right Minister Mr Ben-Gvir called for the dismissal of the chief of the Shin Bet, Ronen Bar.
Interior Minister Moshe Arbel hit back, asking whether Mr Ben-Gvir would take any “responsibility in this matter”.
In an unusually direct statement, the Shin Bet accused Mr Ben-Gvir of significant responsibility in the scandal, saying he failed to respond to repeated calls by the agency to address a major shortage of prison cells that has been exacerbated by mass detentions in the Gaza War.
“The ISA was opposed to the release of Palestinian detainees from [the Occupied West Bank], who pose immediate danger, and of Hamas Nukhba terrorists who were involved in the fighting and harm to Israeli civilians,” the statement said.
Government ministers tried to distance themselves from the move, including Mr Netanyahu whose office said “the decision to release the prisoners followed discussions at the High Court”.
The office of Defence Minister Yoav Gallant said, “The procedure for incarcerating security prisoners and their release is under [internal security agency] the Shin Bet and the Israel Prison Service, and is not subject to the approval of the defence minister.”
Opposition leader Yair Lapid said the decision was a “direct continuation of the recklessness and dysfunction of [Prime Minister Benjamin Netanyahu’s] government”.
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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
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Sholto Byrnes on Myanmar politics
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Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
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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.”
A Dog's Journey
Directed by: Gail Mancuso
Starring: Dennis Quaid, Josh Gad, Marg Helgenberger, Betty Gilpin, Kathryn Prescott
3 out of 5 stars
The specs: 2019 Audi A7 Sportback
Price, base: Dh315,000
Engine: 3.0-litre V6
Transmission: Seven-speed automatic
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Torque: 500Nm @ 1,370rpm
Fuel economy 5.9L / 100km
MATCH INFO
Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD
* Second leg in Australia scheduled for October 10
Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
What is tokenisation?
Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets.
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The specs: 2019 Haval H6
Price, base: Dh69,900
Engine: 2.0-litre turbocharged four-cylinder
Transmission: Seven-speed automatic
Power: 197hp @ 5,500rpm
Torque: 315Nm @ 2,000rpm
Fuel economy, combined: 7.0L / 100km
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