An injured Palestinian boy after receiving treatment at the Indonesian Hospital in Beit Lahia following overnight Israeli air strikes in northern Gaza. AFP
An injured Palestinian boy after receiving treatment at the Indonesian Hospital in Beit Lahia following overnight Israeli air strikes in northern Gaza. AFP
An injured Palestinian boy after receiving treatment at the Indonesian Hospital in Beit Lahia following overnight Israeli air strikes in northern Gaza. AFP
An injured Palestinian boy after receiving treatment at the Indonesian Hospital in Beit Lahia following overnight Israeli air strikes in northern Gaza. AFP

‘Killing the mourners’: Israeli strike that turned Gaza funeral into a graveyard


Nagham Mohanna
  • English
  • Arabic

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Mourners were queuing quietly to offer words of comfort to the Mubarak family in northern Gaza when the near silence was ripped apart by blasts, followed by screams.

Now, the relatives, friends and patients of Dr Wasim Mubarak, his wife and three children, who were killed in an attack on a vehicle on Wednesday, have more to grieve.

At least 15 people were killed in the Israeli air strike – one of dozens on the embattled enclave since Israel abandoned a ceasefire on Monday – on their family's funeral tent in Al Salateen, Beit Lahia.

"The [Israeli] occupation isn't satisfied with just killing people, it even kills those who come to mourn them," said Ibrahim Mubarak, 26.

He was there to support his cousin's family whose loss was still raw and yet Israel's actions have turned a place of condolence into a bloodbath in an area already destroyed by Israeli fire earlier in the war.

Beit Lahia, on the northern tip of the strip, has been at the forefront of Israel's wave of attacks on Gaza. A week into the ceasefire, the first phase of which began on January 19, those who had fled the city were able to return after the reopening of the Netzarim Corridor by Israel. The corridor intersects the enclave, separating north from south, and is controlled by the Israeli military.

Families were reunited but shocked by the level of destruction in the area and forced to use tents pitched among the rubble to sleep and for shelter.

These offered little protection once the bombs began to fall once more this week. Footage shared online from across the strip showed melted tents and burnt belongings strewn across various encampments hit by Israel strikes.

The number of deaths from the Israeli strike on the tent has been tentatively put at 15 – a figure that could rise as casualties arrive at hospitals faster than they can be counted or treated. An unofficial list shared by news outlets shows at least two children, aged 11 and 16, were among the dead in the Mubarak funeral strike.

Israel has now begun splitting Gaza – closing off the main Salah Al Din road that connects north and south, isolating medical resources.

The ruins of Salim Abu Muslim Mosque in central Beit Lahia, northern Gaza. AFP
The ruins of Salim Abu Muslim Mosque in central Beit Lahia, northern Gaza. AFP

“We started calling the ambulances but unfortunately, they were delayed in arriving," said Mohammad Al Toum, who was at the funeral. "Only two ambulances arrived quickly and we began transferring the martyrs and the injured in civilian cars and tuk-tuks."

He was sitting with the family's relatives and neighbours after the call to Maghrib prayer – when Muslims break their fast during Ramadan – when he had a close brush with death. A column separated him from deadly shrapnel that could have killed him, he said. "Had it not been for God's protection, I would have been pierced."

While he tried to understand how close he had come to losing his life, Mr Al Toum began to realise many of his friends and neighbours had. "There was blood everywhere," he told The National.

Almost 50,000 people have been killed in Gaza since the war began in October 2023, sparked by a Hamas-led attack on southern Israel in which more than 1,200 people were killed and about 250 hostages taken back to the enclave. More than 40 per cent of those killed by Israel's bombardment of Gaza were children, the Ministry of Health said.

The resumption of the war by Israel was "only the beginning", Prime Minister Benjamin Netanyahu said on Wednesday. Hamas fired retaliatory rockets towards Tel Aviv on Thursday.

Israel not only blocked all supplies from entering Gaza two weeks ago but also cut off electricity to the territory's main desalination plant last week. That has again created scarcities in medicine, food, fuel and fresh water for Gaza's population of more than 2 million.

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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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Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

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Updated: March 21, 2025, 3:26 AM