Live updates: Follow the latest news on Israel-Gaza
The head of the CIA and Israel's top spy chief travelled to Doha on Tuesday in the latest push for a Gaza ceasefire deal, sources said.
CIA director William Burns and Mossad director David Barnea arrived in the Qatari capital as part of the effort by mediators from the US, Egypt and Qatar to secure a truce between Israel and Hamas after nine months of war.
They are due to meet Qatari Prime Minister Mohammed bin Abdulrahman Al Thani and have indirect talks with Hamas leaders.
Mr Burns flew to Doha from Cairo, while Mr Barnea, making his second trip to Qatar in less than a week, travelled from Israel.
Their trip to Qatar follows a series of meetings late on Monday in Cairo in which mediators and Israeli officials tried to close the gap between the warring parties over US ceasefire proposals unveiled in May.
Beside Mr Burns, US Middle East envoy Brett McGurk took part in the Cairo talks.
Mr Burns and Egypt's President Abdel Fattah El Sisi also met on Tuesday and discussed the efforts to reach a ceasefire, according to Mr El Sisi’s media office.
'Intense' discussions over Rafah
In parallel to the ceasefire negotiations, Israel outlined to Egypt its conditions for withdrawing from the Gaza side of the Rafah crossing and the border corridor between Egypt and Gaza.
The sources said Israel’s domestic security chief, Shin Bet’s Ronen Bar, had lengthy and “sometimes intense” discussions with Egyptian and US officials on the topic in Cairo on Monday.
Israeli forces captured the border crossing and the 13km border strip, known as the Philadelphi corridor, in May. The move angered Egypt's government, which responded by closing the crossing.
Since then, desperately needed humanitarian assistance has been unable to reach Palestinians via Rafah.
“It was nothing like people meeting over tea and cakes and having a friendly discussion,” said one source.
“It was intense and the discussion was heated at times.”
It was nothing like people meeting over tea and cakes and having a friendly discussion
Source on Rafah talks between Israel and Egypt
Israel is prepared to pull out its troops from the Gaza side of the Rafah crossing on the condition that it first installs security cameras and sensors to monitor traffic, the sources said.
It also wants the facility to be run by an international force with Israel retaining a superior security role.
Israel also wants a six-metre-high wall to be built in phases along the length of the Philadelphi corridor and to retain the right to send troops back to the area when it deems necessary.
Israel claims that weapons, money and personnel were being smuggled from Egypt to Gaza through a network of underground tunnels before reaching Hamas. Egypt has strongly denied the accusations.
Ceasefire gaps remain
The US, Qatar and Egypt have been trying for months without success to broker a deal to end the Gaza war, now in its 10th month, and get Hamas and Israel to agree to a prisoner and hostage swap.
More than 38,200 Palestinians have been killed in Gaza since October, when Hamas launched an attack on southern Israel that killed about 1,200 people.
The war has displaced more than 80 per cent of the coastal enclave’s 2.3 million residents and reduced most of its built-up areas to rubble. It has also created a humanitarian crisis, with many people facing hunger and famine looming over the northern part of Gaza.
Despite mounting international unity over the need for a ceasefire, several attempts at securing one have failed following the collapse of a one-week truce in November.
The flurry of intense diplomacy in Cairo and Doha has followed a softening by Hamas of its conditions to accept the US proposals announced by President Joe Biden on May 31.
Israel, however, appears not to have budged on its previously declared positions, including its unwillingness to fully withdraw from Gaza and its insistence on retaining a commanding security role in postwar Gaza.
Israel's Prime Minister Benjamin Netanyahu has repeatedly vowed he would not accept a permanent ceasefire and will continue fighting until Hamas is destroyed.
Speaking at a briefing in Washington on Monday, White House national security spokesman John Kirby said gaps remained between Israel and Hamas.
“We've been working this very, very hard. And there are still some gaps that remain in the two sides in the positions, but we wouldn't have sent a team over there if we didn't think that we had a shot here,” Mr Kirby said.
“We're trying to close those gaps as best we can,” he added.
Hamas has raised hopes that a deal could soon be struck when it dropped its previous demand that it would not sign a deal unless Israel first agreed in writing to a permanent ceasefire.
The Palestinian group now says it wants guarantees by the mediators that talks on reaching a permanent ceasefire begin as soon as the initial 42-day truce prescribed by the proposals takes hold.
It also said it would accept the release of Palestinians held in Israeli prisons in exchange for the freedom of hostages it is holding to be staggered over the three phases of the US proposals.
However, Hamas has demanded that detainees of its choosing are released, including high-profile figures such as Marwan Barghouti, a senior figure from the mainstream Palestinian Fatah faction who is seen widely as a possible successor to Palestinian President Mahmoud Abbas.
Israel has yet to formally respond to the latest Hamas positions, but the sources said its conditions have been informally relayed to the mediators. These conditions, they said, roughly mirror Mr Netanyahu’s often repeated rejection of a permanent ceasefire and commitment to destroying Hamas.
On Monday, a Palestinian official with knowledge of the talks told AFP that while a Hamas delegation would take part in indirect talks with Israel, there were several “points of divergence” between the two sides.
Among them, he said, was the Israeli refusal to release 100 Palestinian prisoners who received heavy sentences and “have spent more than 15 years in Israeli prisons, including senior leaders from Hamas, Fatah, [Palestinian Islamic] Jihad and the Popular Front”.
Hamas political chief Ismail Haniyeh, who is based in Qatar, also said on Monday that Israel's military actions in Gaza could push the ceasefire talks back to square one.
The group said on its Telegram channel that Mr Haniyeh, in a call to mediators, said he holds Mr Netanyahu fully responsible for the potential collapse of negotiations.
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
COMPANY%20PROFILE
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Fixtures
Tuesday - 5.15pm: Team Lebanon v Alger Corsaires; 8.30pm: Abu Dhabi Storms v Pharaohs
Wednesday - 5.15pm: Pharaohs v Carthage Eagles; 8.30pm: Alger Corsaires v Abu Dhabi Storms
Thursday - 4.30pm: Team Lebanon v Pharaohs; 7.30pm: Abu Dhabi Storms v Carthage Eagles
Friday - 4.30pm: Pharaohs v Alger Corsaires; 7.30pm: Carthage Eagles v Team Lebanon
Saturday - 4.30pm: Carthage Eagles v Alger Corsaires; 7.30pm: Abu Dhabi Storms v Team Lebanon
MATCH INFO
Euro 2020 qualifier
Fixture: Liechtenstein v Italy, Tuesday, 10.45pm (UAE)
TV: Match is shown on BeIN Sports
Company%20Profile
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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.”
Mental%20health%20support%20in%20the%20UAE
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Innotech Profile
Date started: 2013
Founder/CEO: Othman Al Mandhari
Based: Muscat, Oman
Sector: Additive manufacturing, 3D printing technologies
Size: 15 full-time employees
Stage: Seed stage and seeking Series A round of financing
Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now.
EPL's youngest
- Ethan Nwaneri (Arsenal)
15 years, 181 days old
- Max Dowman (Arsenal)
15 years, 235 days old
- Jeremy Monga (Leicester)
15 years, 271 days old
- Harvey Elliott (Fulham)
16 years, 30 days old
- Matthew Briggs (Fulham)
16 years, 68 days old
Last-16 Europa League fixtures
Wednesday (Kick-offs UAE)
FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm
Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm
Inter Milan v Getafe (one leg only) 11pm
Manchester United (5) v LASK (0) 11pm
Thursday
Bayer Leverkusen (3) v Rangers (1) 8.55pm
Sevilla v Roma (one leg only) 8.55pm
FC Basel (3) v Eintracht Frankfurt (0) 11pm
Wolves (1) Olympiakos (1) 11pm
COMPANY%20PROFILE
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The specs: 2018 BMW X2 and X3
Price, as tested: Dh255,150 (X2); Dh383,250 (X3)
Engine: 2.0-litre turbocharged inline four-cylinder (X2); 3.0-litre twin-turbo inline six-cylinder (X3)
Power 192hp @ 5,000rpm (X2); 355hp @ 5,500rpm (X3)
Torque: 280Nm @ 1,350rpm (X2); 500Nm @ 1,520rpm (X3)
Transmission: Seven-speed automatic (X2); Eight-speed automatic (X3)
Fuel consumption, combined: 5.7L / 100km (X2); 8.3L / 100km (X3)
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
Company%20profile
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ARABIAN GULF LEAGUE FIXTURES
Thursday, September 21
Al Dahfra v Sharjah (kick-off 5.35pm)
Al Wasl v Emirates (8.30pm)
Friday, September 22
Dibba v Al Jazira (5.25pm)
Al Nasr v Al Wahda (8.30pm)
Saturday, September 23
Hatta v Al Ain (5.25pm)
Ajman v Shabab Al Ahli (8.30pm)
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Cultural fiesta
What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421, Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day.
LIKELY TEAMS
South Africa
Faf du Plessis (captain), Dean Elgar, Aiden Markram, Hashim Amla, AB de Villiers, Quinton de Kock (wkt), Vernon Philander, Keshav Maharaj, Kagiso Rabada, Morne Morkel, Lungi Ngidi.
India (from)
Virat Kohli (captain), Murali Vijay, Lokesh Rahul, Cheteshwar Pujara, Rohit Sharma, Ajinkya Rahane, Hardik Pandya, Dinesh Karthik (wkt), Ravichandran Ashwin, Bhuvneshwar Kumar, Ishant Sharma, Mohammad Shami, Jasprit Bumrah.
UAE currency: the story behind the money in your pockets