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Israel’s assassination of Khalil Al Maqdah in the southern Lebanese city of Saida on Wednesday marked the first time a member of the Palestinian group Fatah has been targeted in Lebanon since the Gaza war began.
Fatah has favoured diplomacy with Israel and peaceful resistance over armed resistance since the 2000s, and has played no role in the war in Gaza, raising questions about why Mr Al Maqdah was killed, in an air strike near Saida's Ain Al Hilweh refugee camp.
Israel claims that Mr Al Maqdah was acting “on behalf of the Hezbollah terrorist organisation and the Iranian Islamic Revolutionary Guard Corps”.
Hezbollah, backed by Iran, has engaged in cross-border fire with Israel since October in support of its ally Hamas in Gaza. Several groups, including Hamas, the Lebanese Fajr Forces, the Palestinian Islamic Jihad, and other armed factions have taken part in this conflict.
Al Aqsa Martyrs Brigades
Mr Al Maqdah is the brother of Mounir Al Maqdah, the leader of the Al Aqsa Martyrs Brigades in Lebanon.
The Al Aqsa Martyrs Brigades is an informal coalition of Fatah-associated groups, consisting of various armed cells spread across the Palestinian territories and refugee camps in neighbouring countries. The group’s arm in Gaza publicly aligned with Hamas in its October 7 attack on Israel and has since confronted Israel's subsequent invasion of the Gaza Strip, taking part in several operations.
“The primary role of Mounir and Khalil [in Lebanon] was that they created the ‘Popular Army’ which is a group of Palestinian youth – around 500 people in Ain Al Hilweh camp alone, which is no small amount,” said Zaher Abou Hamdeh, an expert on Lebanon’s Palestinian refugee camps.
According to Mr Abou Hamdeh, the Popular Army operated as a cell within the Al Aqsa Martyrs Brigades that has been armed and trained for confrontations against Israel “in case of a war or invasion”.
“And at the same time, Khalil and Mounir were smuggling weapons into the West Bank and supporting other cells within the Brigades,” he said.
A Fatah representative acknowledged that Mr Al Maqdah was a member of the movement but denied his involvement with the Al Aqsa Martyrs Brigades.
“Khalil Al Maqdah was a retired officer in the Palestinian National Security Forces in Fatah,” said Serhan Serhan, deputy secretary of Fatah in Lebanon. He said Mr Al Maqdah received a pension and other benefits from the movement.
“With all respect to these groups, we in Fatah have nothing called the Aqsa Martyrs’ Brigade,” he told The National.
However, the Al Aqsa Martyrs Brigades issued a statement claiming Mr Al Maqdah as a member and praising his role in “supporting the Palestinian people and their resistance during the Battle of the Flood of Al Aqsa” – a reference to the name given by Hamas to its October 7 attack on Israel.
Divisions within Fatah
The differing accounts about the existence of the brigades is a testament to the many fractures and splinters within Fatah’s membership – with some favouring diplomacy while others hold on to armed resistance against Israel’s occupation.
It also reflects Fatah’s attempt to maintain international legitimacy, Mr Abou Hamdeh said.
“Fatah, as a structural leadership, does not adopt the Al Aqsa Martyrs Brigades due to American and European pressure, and accusations of terrorism. Most importantly, this gives the Brigades flexibility and freedom to operate without political pressure.
“They receive no support whatsoever from Fatah,” he said. “There is no official decision from Fatah to support and adopt the Brigades.”
But, he said, some Fatah officials may funnel portions of their salaries into the armed group.
The Al Aqsa Martyrs Brigades did originate as the armed wing of Fatah but the movement distanced itself from its militant counterpart when it committed to diplomacy and peaceful struggle under its current leader, Palestinian Authority President Mahmoud Abbas.
“After that the Al Aqsa Martyrs Brigades were no longer part of Fatah or the Palestinian Authority,” Mr Abou Hamdeh said.
This separation created a void that was filled by Fatah’s rival, Hamas, as well as Hezbollah and Iran, illustrating the willingness of Palestinian groups to put aside political rivalries in favour of strategic alliances against Israeli occupation.
“The alliances of each cell are dictated by the place they’re in. In Gaza, for example, they’re allied with Hamas,” Mr Abou Hamdeh said.
The Outsider
Stephen King, Penguin
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CREW
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The biog
Hobbies: Salsa dancing “It's in my blood” and listening to music in different languages
Favourite place to travel to: “Thailand, as it's gorgeous, food is delicious, their massages are to die for!”
Favourite food: “I'm a vegetarian, so I can't get enough of salad.”
Favourite film: “I love watching documentaries, and am fascinated by nature, animals, human anatomy. I love watching to learn!”
Best spot in the UAE: “I fell in love with Fujairah and anywhere outside the big cities, where I can get some peace and get a break from the busy lifestyle”
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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.”
Results:
5pm: Maiden (PA) Dh80,000 2,200m | Winner: AF Al Montaqem, Bernardo Pinheiro (jockey), Ernst Oertel (trainer)
5.30pm: Maiden (PA) Dh80,000 1,200m | Winner: Daber W’Rsan, Connor Beasley, Jaci Wickham
6pm: Handicap (PA) Dh85,000 1,600m | Winner: Bainoona, Fabrice Veron, Eric Lemartinel
6.30pm: Handicap (PA) Dh80,000 1,600m | Winner: AF Makerah, Antonio Fresu, Ernst Oertel
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 | Winner: AF Motaghatres, Antonio Fresu, Ernst Oertel
7.30pm: Handicap (TB) Dh90,000 1,600m | Winner: Tafakhor, Ronan Whelan, Ali Rashid Al Raihe
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BUNDESLIGA FIXTURES
Friday Stuttgart v Cologne (Kick-off 10.30pm UAE)
Saturday RB Leipzig v Hertha Berlin (5.30pm)
Mainz v Borussia Monchengladbach (5.30pm)
Bayern Munich v Eintracht Frankfurt (5.30pm)
Union Berlin v SC Freiburg (5.30pm)
Borussia Dortmund v Schalke (5.30pm)
Sunday Wolfsburg v Arminia (6.30pm)
Werder Bremen v Hoffenheim (9pm)
Bayer Leverkusen v Augsburg (11.30pm)
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
The specs
Engine: 3.8-litre twin-turbo flat-six
Power: 650hp at 6,750rpm
Torque: 800Nm from 2,500-4,000rpm
Transmission: 8-speed dual-clutch auto
Fuel consumption: 11.12L/100km
Price: From Dh796,600
On sale: now
'Skin'
Dir: Guy Nattiv
Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga
Rating: 3.5/5 stars
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The low down
Producers: Uniglobe Entertainment & Vision Films
Director: Namrata Singh Gujral
Cast: Rajkummar Rao, Nargis Fakhri, Bo Derek, Candy Clark
Rating: 2/5
The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
Torque: 530Nm at 1,300-4,500rpm
Transmission: Eight-speed auto
Price: From Dh299,000 ($81,415)
On sale: Now
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends