Live updates: Follow the latest news on Israel-Gaza
Barely a few steps into Jenin’s refugee camp, Saleh Shraim sits in a small shop that his son, Yousef, helped set up before he was killed by the Israeli army in March 2023. He was 29.
“He founded the Hamas battalion in the camp around the beginning of last year. Like Haniyeh, he died for Hamas and the Palestinians.”
Pointing to a poster of his son above the till which shows a young man carrying a gun while sitting on a white horse, Mr Shraim says “the moment I learned about the assassination I saw my son”, before praising Ismail Haniyeh, the leader of Hamas assassinated in Tehran on Wednesday in what is widely believed to have been an Israeli strike.
“Haniyeh was a political figure, not a military one. He was trying his best to get reconciliation between the factions,” Mr Shraim says.
Wearing a faded badge with his son's face, the father says he wants peace and an end to the horrors since October 7.
“What is the point of his killing Haniyeh? Israel killed Ahmed Yassin, then Arafat, then Rantisi, then Saleh Al Arouri. This has always been their policy, but has it changed anything? Resistance is an idea, not a person. Will these assassinations stop these young boys that walk past my shop joining the resistance? No, of course not,” he added.
Mr Shraim says he has two children in Israeli prisons and worries the recent escalations would impact the prospect of ending the war.
“Where does this leave the peace talks? Where does this leave the Israeli hostages in Gaza,” he says, “The same way I want to see my sons out of prison, I also want the hostages out. As a father who has lost children, I understand what the families are going through. Everything is a mess.
“Our best reaction as Palestinians after this killing would be unity, something I hope Palestinian leaders realise and which Haniyeh was working towards politically” he says. “Israel wants to divide us. We cannot let that happen. We will find another Haniyeh.”
Everyone The National spoke to on Wednesday wanted Mr Haniyeh’s legacy to be unity.
A little further into the camp, Islamic Jihad member and internet cafe owner Khalil Al Saudi, 30, agrees.
“Forget about our weapons, we beat Israel with unity,” he said as young children on their summer holiday played on the computers.
As the young boys shouted in excitement, a group of teenage boys smoked cigarettes while one of them played a video of his friend being shot by the Israeli army.
“We’re smoking because there’s nothing else to do,” one of them said. “Our life here is not in this world, it’s in heaven.”
Mr Al Saudi is also pessimistic about the future.
“That is our fate. We don’t think about marriage, a future. I was born in 1994 and I have nothing to say for my 30 years of life. What’s the point in building a house or a family,” he said.
“My brother is martyr, my two cousins. I have at least 10 friends who are dead.”
“Haniyeh can be replaced. We lost a politician, but we can get new ones.”
Resistance and unity
Outside the camp security guard Amin Al Khazem patrolled a mall as he waited for a march in solidarity with Mr Haniyeh that evening.
His son, Nidal Al Khazem, was killed alongside Yousef Shraim, even though he belonged to the Islamic Jihad faction, not Hamas.
“Yes, people are tired, but the resistance is never finished,” he said.
“What’s most important for me is unity. I’d rather ten dead Palestinians from Israeli bullets than one Palestinian injured because of a bullet from another Palestinian.”
When Jenin’s demonstration eventually kicked off, an armed commander from Islamic Jihad was filmed telling attendees that “we at the Jenin Battalion congratulate our brothers in Hamas about the martyrdom of the Sheikh, the Mujahed Ismail Haniyeh the great Islamic and Arab national leader”.
“We tell the enemy that we in the Jenin Battalion will continue on the path of resistance until the liberation of the Al Aqsa Mosque,” he concluded, while Hamas flags waved in the background.
The rage was palpable, but numbers were small.
Nablus, a Hamas stronghold had the biggest crowds, saw crowds numbering only about 500 people. Political capital Ramallah had about 250. Tulkarem, a city in the headlines a great deal during recent months as Israel tries to crack down on a wave of militancy there, had less than 100.
Mr Al Khazem suspected the numbers earlier in the day were small not because of Haniyeh's personal reputation, but because of what he represented for Palestinian resistance, particularly a young generation that has given up on politics and sees armed struggle as the only option to engage Israel and keep the Palestinian cause alive.
“Maybe the crowds would have been bigger for a military leader, someone like [Hamas leader in Gaza Yahya Sinwar] not a political one like Haniyeh,” he said.
Away from the quiet anger of Jenin, Palestinian politician Mustafa Barghouti, who worked with Mr Haniyeh on a number of occasions to unite Palestinian politics, agreed with the Jenin residents about the need for unity.
“I remember Haniyeh very well as a humble human being. Very kind, very tolerant and very quiet. He was a strong leader, but there was also something very human about him,” he told The National.
“I think Israel has killed a peacemaker. They are killing everyone who can achieve peace and clearly do not want a political process. That is the message they sent,” he said
“After his killing, but also after the tens of thousands killed in Gaza, we have to be unified.”
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The specs: 2017 Dodge Ram 1500 Laramie Longhorn
Price, base / as tested: Dhxxx
Engine: 5.7L V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 556Nm @ 3,950rpm
Fuel economy, combined: 12.7L / 100km
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
UAE currency: the story behind the money in your pockets
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'Spies in Disguise'
Director: Nick Bruno and Troy Quane
Stars: Will Smith, Tom Holland, Karen Gillan and Roshida Jones
Rating: 4 out of 5 stars
UAE WARRIORS RESULTS
Featherweight
Azouz Anwar (EGY) beat Marcelo Pontes (BRA)
TKO round 2
Catchweight 90kg
Moustafa Rashid Nada (KSA) beat Imad Al Howayeck (LEB)
Split points decision
Welterweight
Gimbat Ismailov (RUS) beat Mohammed Al Khatib (JOR)
TKO round 1
Flyweight (women)
Lucie Bertaud (FRA) beat Kelig Pinson (BEL)
Unanimous points decision
Lightweight
Alexandru Chitoran (ROU) beat Regelo Enumerables Jr (PHI)
TKO round 1
Catchweight 100kg
Marc Vleiger (NED) beat Mohamed Ali (EGY)
Rear neck choke round 1
Featherweight
James Bishop (NZ) beat Mark Valerio (PHI)
TKO round 2
Welterweight
Abdelghani Saber (EGY) beat Gerson Carvalho (BRA)
TKO round 1
Middleweight
Bakhtiyar Abbasov (AZE) beat Igor Litoshik (BLR)
Unanimous points decision
Bantamweight
Fabio Mello (BRA) beat Mark Alcoba (PHI)
Unanimous points decision
Welterweight
Ahmed Labban (LEB) v Magomedsultan Magomedsultanov (RUS)
TKO round 1
Bantamweight
Trent Girdham (AUS) beat Jayson Margallo (PHI)
TKO round 3
Lightweight
Usman Nurmagomedov (RUS) beat Roman Golovinov (UKR)
TKO round 1
Middleweight
Tarek Suleiman (SYR) beat Steve Kennedy (AUS)
Submission round 2
Lightweight
Dan Moret (USA) v Anton Kuivanen (FIN)
TKO round 2
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
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.”
MATCH INFO
World Cup qualifier
Thailand 2 (Dangda 26', Panya 51')
UAE 1 (Mabkhout 45 2')
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yallacompare profile
Date of launch: 2014
Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer
Based: Media City, Dubai
Sector: Financial services
Size: 120 employees
Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)
If you go
The flights
There are direct flights from Dubai to Sofia with FlyDubai (www.flydubai.com) and Wizz Air (www.wizzair.com), from Dh1,164 and Dh822 return including taxes, respectively.
The trip
Plovdiv is 150km from Sofia, with an hourly bus service taking around 2 hours and costing $16 (Dh58). The Rhodopes can be reached from Sofia in between 2-4hours.
The trip was organised by Bulguides (www.bulguides.com), which organises guided trips throughout Bulgaria. Guiding, accommodation, food and transfers from Plovdiv to the mountains and back costs around 170 USD for a four-day, three-night trip.
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The specs
Engine: 3.0-litre six-cylinder MHEV
Power: 360bhp
Torque: 500Nm
Transmission: eight-speed automatic
Price: from Dh282,870
On sale: now
Election pledges on migration
CDU: "Now is the time to control the German borders and enforce strict border rejections"
SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
HER%20FIRST%20PALESTINIAN
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Tips to stay safe during hot weather
- Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
- Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
- Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
- Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
- Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
- Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
- Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
The%20team
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Book%20Details
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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