Bulldozers and lorries carrying caravans wait to enter Gaza at the Rafah border crossing between Egypt and the Gaza Strip. AFP
Bulldozers and lorries carrying caravans wait to enter Gaza at the Rafah border crossing between Egypt and the Gaza Strip. AFP
Bulldozers and lorries carrying caravans wait to enter Gaza at the Rafah border crossing between Egypt and the Gaza Strip. AFP
Bulldozers and lorries carrying caravans wait to enter Gaza at the Rafah border crossing between Egypt and the Gaza Strip. AFP

Israel blocks entry of mobile homes and heavy equipment into Gaza after hostage release


Kamal Tabikha
  • English
  • Arabic

Live updates: Follow the latest on Israel-Gaza

Israeli military checkpoints have blocked the entry of mobile homes and heavy equipment into the Gaza Strip from Egypt, defying its commitments under the ceasefire deal with Hamas, according to the Gaza government media office on Sunday.

Lorries carrying caravans, along with bulldozers and road rollers needed for removing the rubble and paving the way for possible reconstruction efforts in the war-ravaged enclave, have been parked outside the Rafah border crossing with Egypt for nearly two weeks awaiting Israeli permission to enter, border officials told The National on Sunday morning.

Though hundreds of aid lorries have been entering Gaza daily – despite several rounds of searches and inspections at several Egyptian and Israeli checkpoints – the entry of supplies for shelter, including tents and mobile homes, have been blocked since the ceasefire took effect, a source from the Egyptian Red Crescent also confirmed.

Despite talks in Cairo on Wednesday between Hamas, Egyptian and Qatari officials, which gave the green light for the aid to pass, according to a Hamas spokesman on Thursday, Israeli Prime Minister Benjamin Netanyahu did not approve the entry of caravans and heavy equipment during recent security consultations, according to a report by Israeli state broadcaster KAN.

The 15-month war in Gaza claimed the lives of more than 48,000 Palestinians since Israel launched a brutal military campaign on the enclave on October 7, 2023.

The fragile ceasefire in place for about a month has been breached several times by Israeli troops, according to Palestinian rights groups.

“The occupation's announcement of refusing to allow mobile homes and heavy equipment is a clear evasion of its commitments and obligations that it signed under the ceasefire agreement and the attached humanitarian protocol,” the Gaza government media office said.

“It is tantamount to an explicit declaration of its failure to comply with the agreement.

“The catastrophic living conditions that our people in Gaza are experiencing as a result of the war of extermination and the humanitarian suffering they are enduring cannot tolerate stalling, procrastination, or evasion of the entry of all shelter supplies and other necessities,” it added.

Hamas fighters from the Ezzedine Al Qassam Brigades arrive before a handover ceremony of Israeli hostages to the Red Cross, in Khan Younis, southern Gaza Strip. Bloomberg
Hamas fighters from the Ezzedine Al Qassam Brigades arrive before a handover ceremony of Israeli hostages to the Red Cross, in Khan Younis, southern Gaza Strip. Bloomberg

Israel and Hamas completed their sixth exchange of hostages and Palestinian prisoners on Saturday, with just more than two weeks remaining in the initial phase of their fragile Gaza ceasefire.

Three Israeli hostages – Argentinian-Israeli Iair Horn, 46; American-Israeli Sagui Dekel Chen, 36; and Russian-Israeli Alexander Troufanov, 29 – were freed by Hamas militants in the southern city of Khan Younis.

In return, Israel released 369 Palestinian detainees, including 36 serving life sentences.

The exchange comes as tension in Israel remain high, with Mr Netanyahu's far-right allies pushing for the war to resume in early March with the goal of destroying Hamas, while many Israelis urge the government to secure the release of all remaining hostages before time runs out.

Mr Netanyahu thanked US President Donald Trump for his leadership and firm stance that helped secure the release of the three Israeli hostages from Gaza.

“The combination of the reinforcement of IDF forces around the Gaza Strip and President Trump's firm stance led to the release of three of our hostages today – despite Hamas's earlier refusal to release them,” Mr Netanyahu said.

Mr Netanyahu also expressed appreciation for Mr Trump's “full support for Israel's decisions regarding the Gaza Strip going forward”.

As the US takes a hardline pro-Israel position on Gaza, the enclave’s government office called on mediators and the international community to “stand up to their responsibilities and respond immediately to the priorities that the Gaza Strip needs, and put an end to this ongoing suffering, by pressuring the occupation and obliging it to refrain from reneging on its commitments”.

US Secretary of State Marco Rubio arrived in Israel where he was set to meet officials on Sunday. The visit marked the beginning of his first trip to the region.

The blocked aid comes amid recent statements by Mr Trump, who has proposed plans for a US takeover of Gaza and turn it into a “riviera of the Middle East”, while ethnically cleansing the enclave of Palestinians and pushing for Egypt and Jordan to absorb the displaced population.

Egypt is seeking to convene an Islamic summit to broaden opposition to Mr Trump's Gaza proposals, while the Arab League is pushing for a reconstruction conference in Cairo to help rebuild the war-torn enclave. It is expected to lay out its own Arab-led reconstruction plan for Gaza.

As the humanitarian crisis in Gaza deepens, with the population struggling to access basic necessities and shelter, the international community faces mounting pressure to ensure Israel upholds its commitments under the ceasefire agreement and allows the unimpeded entry of vital aid.

SUE%20GRAY'S%20FINDINGS
%3Cp%3E%22Whatever%20the%20initial%20intent%2C%20what%20took%20place%20at%20many%20of%20these%20gatherings%20and%20the%3Cbr%3Eway%20in%20which%20they%20developed%20was%20not%20in%20line%20with%20Covid%20guidance%20at%20the%20time.%3C%2Fp%3E%0A%3Cp%3E%22Many%20of%20these%20events%20should%20not%20have%20been%20allowed%20to%20happen.%20It%20is%20also%20the%20case%20that%20some%20of%20the%3Cbr%3Emore%20junior%20civil%20servants%20believed%20that%20their%20involvement%20in%20some%20of%20these%20events%20was%20permitted%20given%20the%20attendance%20of%20senior%20leaders.%C2%A0%3C%2Fp%3E%0A%3Cp%3E%22The%20senior%20leadership%20at%20the%20centre%2C%20both%20political%20and%20official%2C%20must%20bear%20responsibility%20for%20this%20culture.%C2%A0%3C%2Fp%3E%0A%3Cp%3E%22I%20found%20that%20some%20staff%20had%20witnessed%20or%20been%20subjected%20to%20behaviours%20at%20work%20which%20they%20had%20felt%20concerned%20about%20but%20at%20times%20felt%20unable%20to%20raise%20properly.%3C%2Fp%3E%0A%3Cp%3E%22I%20was%20made%20aware%20of%20multiple%20examples%20of%20a%20lack%20of%20respect%20and%20poor%20treatment%20of%20security%20and%20cleaning%20staff.%20This%20was%20unacceptable.%22%C2%A0%3C%2Fp%3E%0A
'Munich: The Edge of War'

Director: Christian Schwochow

Starring: George MacKay, Jannis Niewohner, Jeremy Irons

Rating: 3/5

MATCH INFO

English Premiership semi-finals

Saracens 57
Wasps 33

Exeter Chiefs 36
Newcastle Falcons 5

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.”

FIXTURES

Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)

Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)

Friday, February 1
Final, Zayed Sports City Stadium (6pm)

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENomad%20Homes%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2020%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EHelen%20Chen%2C%20Damien%20Drap%2C%20and%20Dan%20Piehler%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20and%20Europe%3Cbr%3E%3Cstrong%3EIndustry%3C%2Fstrong%3E%3A%20PropTech%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2444m%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Acrew%20Capital%2C%2001%20Advisors%2C%20HighSage%20Ventures%2C%20Abstract%20Ventures%2C%20Partech%2C%20Precursor%20Ventures%2C%20Potluck%20Ventures%2C%20Knollwood%20and%20several%20undisclosed%20hedge%20funds%3C%2Fp%3E%0A
Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

JOKE'S%20ON%20YOU
%3Cp%3EGoogle%20wasn't%20new%20to%20busting%20out%20April%20Fool's%20jokes%3A%20before%20the%20Gmail%20%22prank%22%2C%20it%20tricked%20users%20with%20%3Ca%20href%3D%22https%3A%2F%2Farchive.google%2Fmentalplex%2F%22%20target%3D%22_blank%22%3Emind-reading%20MentalPlex%20responses%3C%2Fa%3E%20and%20said%3Ca%20href%3D%22https%3A%2F%2Farchive.google%2Fpigeonrank%2F%22%20target%3D%22_blank%22%3E%20well-fed%20pigeons%20were%20running%20its%20search%20engine%20operations%3C%2Fa%3E%20.%3C%2Fp%3E%0A%3Cp%3EIn%20subsequent%20years%2C%20they%20announced%20home%20internet%20services%20through%20your%20toilet%20with%20its%20%22%3Ca%20href%3D%22https%3A%2F%2Farchive.google%2Ftisp%2Finstall.html%22%20target%3D%22_blank%22%3Epatented%20GFlush%20system%3C%2Fa%3E%22%2C%20made%20us%20believe%20the%20Moon's%20surface%20was%20made%20of%20cheese%20and%20unveiled%20a%20dating%20service%20in%20which%20they%20called%20founders%20Sergey%20Brin%20and%20Larry%20Page%20%22%3Ca%20href%3D%22https%3A%2F%2Farchive.google%2Fromance%2Fpress.html%22%20target%3D%22_blank%22%3EStanford%20PhD%20wannabes%3C%2Fa%3E%20%22.%3C%2Fp%3E%0A%3Cp%3EBut%20Gmail%20was%20all%20too%20real%2C%20purportedly%20inspired%20by%20one%20%E2%80%93%20a%20single%20%E2%80%93%20Google%20user%20complaining%20about%20the%20%22poor%20quality%20of%20existing%20email%20services%22%20and%20born%20%22%3Ca%20href%3D%22https%3A%2F%2Fgooglepress.blogspot.com%2F2004%2F04%2Fgoogle-gets-message-launches-gmail.html%22%20target%3D%22_blank%22%3Emillions%20of%20M%26amp%3BMs%20later%3C%2Fa%3E%22.%3C%2Fp%3E%0A
French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

Updated: February 16, 2025, 2:42 PM