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It would be a “tragedy” if the Israeli government and Hamas “let slip” the chance of an enduring peace by not getting the stalled ceasefire deal over the line, Britain’s Foreign Secretary has warned.
David Lammy also told the UK parliament that the enduring Palestine-Israel conflict had been “littered with missed opportunities” which had ended in violence. He also warned that any deal could be derailed if the Israeli government goes ahead with its plan to prevent the UNWRA refugee agency operating in the occupied Palestinian territories.
He said the deal to release hostages and for a staged withdrawal of Israeli troops from Gaza, which is due to take effect on Sunday but was held up almost as soon as it was agreed, showed that there was “a glimmer of light in the darkness” that had been “all-consuming” since Hamas’s October 7 attacks. Israel carried out fresh air strikes on Gaza on Thursday and accused Hamas of backtracking on parts of the fragile ceasefire and hostage release deal ahead of an expected vote by its cabinet.
The truce, announced by mediators Qatar and the United States on Wednesday, would take effect on Sunday and involve the exchange of Israeli hostages for Palestinian prisoners, after which the terms of a permanent end to the war would be finalised.
But the office of Prime Minister Benjamin Netanyahu said on Thursday that Hamas had "reneged on parts of the agreement reached ... in an effort to extort last-minute concessions". It also said that the Israeli cabinet, which has yet to approve the agreement, "will not convene until the mediators notify Israel that Hamas has accepted all elements of the agreement". Hamas political bureau member Sami Abu Zuhri said there was "no basis" for Israel's accusations.
“It would be a tragedy to let slip the chance before us,” Mr Lammy told MPs. “We must grab it with both hands, the chance not just for a ceasefire but for a lasting peace. The chance to break the cycle of violence which has inflicted so much suffering on innocent people on both sides.”
For Palestinians to rebuild their devastated homes in Gaza the international community needs to deliver the estimated $40 billion required for rebuilding, he said. The reconstruction needs co-ordination, with the Palestinian Authority having “a crucial role to play”, something the UK politician said he had discussed with President Mahmoud Abbas on Monday.
Britain would assist in helping an inclusive Palestinian government in Gaza, that would be a “crucial first step in achieving not only better lives for Palestinians, but a future for Gaza”. Mr Lammy said there would be “no role” for Hamas in controlling Gaza and that their “terrorism had to come to an end”.
The conflict had proven that Hamas could not be erased as a military force, he said, stating that “what eradicates extremism is diplomacy and a political solution and a political horizon that pulls the rug from under the terrorists”. He promised that Britain would play a full role in finding a political solution.
To cheers from MPs on both sides of the chamber, the Foreign Secretary said the agreement should be used to “establish a credible pathway to a two-state solution” with equality for both sides. “The decades long conflict between Israelis and Palestinians cannot be managed, it must now be resolved,” he said. “We're not yet there. There's much negotiating still to do.”
Mr Lammy urged the Israeli government “to do the right thing and get this deal now, over the line”, to further cheers from MPs. The opportunity should also be taken to build on the Abraham Accords and particularly a diplomatic agreement with Saudi Arabia that could bring “prosperity for people in the Middle East”.
Sarah Champion, chairwoman of the international development committee, raised the issue of the banning of UNWRA on January 28. With the devastation caused to Gaza, with schools and hospitals barely functioning or under rubble and with famine looming, Mr Lammy replied: “We cannot see how there cannot be a role for the essential UN agency at this time, if this peace is to hold”.
He added that he had made this point to the Israeli Government during a visit to the region on Monday. “The clock is ticking down to that Knesset legislation, and what we don't want is this peace on Sunday undermined by that legislation just a few days into its passing.”
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Your rights as an employee
The government has taken an increasingly tough line against companies that fail to pay employees on time. Three years ago, the Cabinet passed a decree allowing the government to halt the granting of work permits to companies with wage backlogs.
The new measures passed by the Cabinet in 2016 were an update to the Wage Protection System, which is in place to track whether a company pays its employees on time or not.
If wages are 10 days late, the new measures kick in and the company is alerted it is in breach of labour rules. If wages remain unpaid for a total of 16 days, the authorities can cancel work permits, effectively shutting off operations. Fines of up to Dh5,000 per unpaid employee follow after 60 days.
Despite those measures, late payments remain an issue, particularly in the construction sector. Smaller contractors, such as electrical, plumbing and fit-out businesses, often blame the bigger companies that hire them for wages being late.
The authorities have urged employees to report their companies at the labour ministry or Tawafuq service centres — there are 15 in Abu Dhabi.
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Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
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Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
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Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Why are asylum seekers being housed in hotels?
The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.
A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.
Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.
The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.
When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.
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Engine: twin-turbocharged 3.5-liter V6
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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.”
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The bio:
Favourite film:
Declan: It was The Commitments but now it’s Bohemian Rhapsody.
Heidi: The Long Kiss Goodnight.
Favourite holiday destination:
Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.
Heidi: Australia but my dream destination would be to go to Cuba.
Favourite pastime:
Declan: I love brunching and socializing. Just basically having the craic.
Heidi: Paddleboarding and swimming.
Personal motto:
Declan: Take chances.
Heidi: Live, love, laugh and have no regrets.
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