A Palestinian harvests olives in Khan Younis, southern Gaza. Supplies have dwindled since Israel launched its war on the enclave a year ago. AFP
A Palestinian harvests olives in Khan Younis, southern Gaza. Supplies have dwindled since Israel launched its war on the enclave a year ago. AFP
A Palestinian harvests olives in Khan Younis, southern Gaza. Supplies have dwindled since Israel launched its war on the enclave a year ago. AFP
A Palestinian harvests olives in Khan Younis, southern Gaza. Supplies have dwindled since Israel launched its war on the enclave a year ago. AFP

Palestinian heritage is rooted in olive groves, but Gaza war has ravaged harvest


Nagham Mohanna
  • English
  • Arabic

Mahdi Al-Masri longs to go to his land in the east of Beit Hanoun, where 13 years ago he planted more than 300 olive trees. But as Israel's war on Gaza rages, his dream of harvesting olives has been shattered.

The farmer has managed to reach his olive grove in north-eastern Gaza only once since the war began a year ago, travelling during a brief truce in November 2023. Since then, Israeli forces have bulldozed the area and stationed heavy machinery there.

Mr Al-Masri, 46, has been displaced by the war and now lives in Jabalia camp with his 11 children. He told The National that he previously harvested "some of the best Souri olives" on his land and he holds on to the hope that the fighting will end so he can return to his home.

My sorrow over the olive trees is immense
Mahdi Al-Masri,
Gazan farmer

"My sorrow over the olive trees is immense. Every year, we would wait for the harvest season. The entire year was dedicated to those trees – caring for them, watering them, constantly tending to them," he said.

The olive season was not simply about tradition for Mr Al-Masri. It was a vital source of income for his family. "We would press the olives for oil, which was of very high quality and in demand," he explained.

A Gazan farmer assesses the damage caused to olive trees as Israel's war on the enclave rages. AFP
A Gazan farmer assesses the damage caused to olive trees as Israel's war on the enclave rages. AFP

Palestinian heritage

Each time he sees olives in the market now, it fills him with sadness. "I remember my land and long for those days to return, for the season to come back," he said. "I just want this war to end so I can plant my trees again. The olive tree is our connection to the land, it’s our history and heritage."

Hope had taken root in Beit Lahia, northern Gaza, where Mohammed Fadous, 49, returned to his land to find some of his olive trees still standing. He worked hard to revive them and they bore olives.

But the danger was far from over. "We started harvesting about a week ago, but unfortunately the Israeli forces didn’t leave us in peace," he told The National. "They shot at us several times and drones hovered overhead. On two separate days, I had to leave with my children and workers before finishing, fearing for our lives."

Despite the danger, Mr Fadous remains committed to his olive trees. "It’s a Palestinian tradition," he added. "I went to pick olives to preserve our heritage and to affirm that, despite everything, we will continue to protect our history."

Hossam Abu Nasser, a Palestinian historian and writer in Ramallah, said olive trees offer Palestinians a link to the past and a deep connection to their land. "Olive trees are one of the oldest crops in Palestine, dating back to the Canaanites, and they are mentioned in the Quran," he told The National.

“The olive season is an inheritance passed down through thousands of years. It's not just an agricultural season, but a cultural one, rich with stories and traditions. They symbolise both peace and conflict."

Israeli attacks on farmers and their harvests are an attempt "to erase this deep connection to the land", he said.

The olive harvest is "a key economic, social and cultural event for Palestinians", the UN Office for the Co-ordination of Humanitarian Affairs said in a report this year. Israel, as an occupying power, "should ensure that Palestinians are able to participate in, and fully benefit from, this activity. This includes ensuring that farmers can access their olive trees throughout the year, and that their trees and agricultural property are protected from damage and theft," it added.

Harvesting olives ties Palestinians to their heritage and their land. EPA
Harvesting olives ties Palestinians to their heritage and their land. EPA

'Green gold'

Olives also play a crucial role in Palestine’s economy, Mr Abu Nasser said. "For us, the olive season is a celebration of our heritage and, each year, olives represent Palestine's 'green gold' for the economy," he explained.

Anas Jarada, 27, an olive seller in Al Sahaba Market in Gaza city, is well aware of the economic impact of the conflict on the harvest. Olive prices have nearly tripled as supplies dwindle, with people unable to buy large amounts as they once did, he said.

"In previous years, people would buy 30kg or 40kg of olives, especially if they had large families," he told The National. "But this year, they’re only buying 1kg to 2kg at most."

Mr Jarada said the market only had two types of olives available – Ki 18 and Souri. Prices for the first type range from 10 to 20 shekels for every kilogram ($2.70 to $5.40), while the second costs between 20 and 35 shekels for every kilogram.

Supplies come from small home gardens and individual trees. "There are no large farms left to bring big quantities," he added. "Most of the olive groves are in border areas that have been bulldozed by Israeli forces."

In northern Gaza, Mahmoud Sabra supervises the last operational olive press in the area. His family’s olive press, which has been running since September 13 last year, can process between 50kg and 120kg of olives at a time.

"We’ve only pressed two tonnes of olives since opening, and most of the product comes from home gardens or trees between buildings," he told The National. "The larger farms have been destroyed and farmers can’t reach their land because it’s too dangerous."

The cost of pressing olives has surged due to the high price of diesel and the need to run generators. "It’s almost five times more expensive now, costing about 2.5 shekels per kilogram of olives," he said. "We have to buy diesel from the black market, where a litre costs 88 shekels."

Adding to the challenges, there are no containers to store the olive oil, due to the Israeli blockade. Gazans are instead forced to use unsuitable containers, such as old chlorine or dish soap bottles.

Despite the rising costs and scarcity, the demand for olive oil remains strong. The price of pressed olive oil has reached 90 shekels for 1kg – three times its normal price.

BMW M5 specs

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Skoda Superb Specs

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  • Melania Trump - personalised Anya Hindmarch handbag
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The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800

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

Power: 335hp @ 5,000rpm

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

The Matrix Resurrections

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Stars:  Keanu Reeves, Carrie-Anne Moss, Jessica Henwick 

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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
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