Live updates: Follow the latest on Israel-Gaza
Gaza ceasefire proposals presented by mediators Egypt and Qatar are not making progress, with Israel and Hamas at odds over key issues.
Points of contention include the number of hostages to be released, the duration of the proposed truce and the way ahead for the Palestinian territory after the war, sources said.
They told The National on Tuesday that Hamas negotiators who held talks with the Qataris and Egyptians in Cairo at the weekend have agreed to release, in two batches, nine hostages along with the remains of five dead, including those of four dual Israel-US citizens.
Hamas has also demanded the resumption of humanitarian aid to Gaza after the first batch of hostages is released; a start to negotiations about a permanent end to the 18-month-old war and a complete Israeli withdrawal from the coastal enclave.
The militant group is also demanding that the US, Israel's closest ally and benefactor, provides Hamas with a written guarantee that the negotiations would continue until an agreement is reached.
The sources said the release of the second instalment of living hostages and human remains will depend on whether Israel is honouring its end of the deal.
Israel and the US insist that half of the living hostages – or at least 11 – along with the remains of 16 deceased be released “all at once”, according to the sources. They are also proposing a 45-day truce, not the 70 days suggested by the mediators.
Israel is also insisting that Hamas provides it with full details of the living hostages, including names and health condition, halfway through its proposed 45-day truce. It also wants Hamas to stop its practice of publicly parading hostages upon their release before hundreds of Palestinian onlookers and scores of masked and armed fighters from the group.
“Israel has given the nod in principle to a gradual withdrawal, provided it keeps the buffer zones it has carved out in Gaza which amount to about 30 per cent of the territory,” said one source. “But it does not want to talk about or engage in any talks on the second stage of the January agreement.”
That deal went into effect on January 19 and resulted in a 42-day truce and the release of 33 hostages held by Hamas in exchange for hundreds of Palestinians who had been detained in Israel, as well as increasing humanitarian aid.
The two sides were supposed to negotiate the second stage of the deal in early February. Those talks should have covered a permanent end to the war and an Israeli withdrawal. But the talks never started. The ceasefire expired on March 1 and Gaza remained relatively quiet until March 18 when Israel resumed air strikes and ground operations that have since killed hundreds of Palestinians.
Israel is also now demanding that Hamas gives up its arms and that the group's leaders in Gaza leave for exile. Hamas has rejected these demands, but the sources said the group was prepared to consider the departure of some of its senior officials provided they are not targeted by Israel in exile.
While it refuses to give up its arms and insists that armed resistance is within its rights against what it regards as a foreign occupation, Hamas believes that integrating its fighters into the security forces of the West Bank-based Palestinian Authority should be an acceptable compromise, the sources added.
Already, Hamas has agreed to give up its 18-year rule of Gaza, be excluded from the reconstruction efforts and has given its consent to a committee of 15 independent Palestinian technocrats to run postwar Gaza.
Israel has consistently insisted since the war began that only the complete dismantlement of Hamas's governing and military capabilities will end the fighting. It also has embraced and started to act on a proposal by US President Donald Trump to relocate Gaza's 2.3 million residents to Egypt and Jordan before the territory on the shores of the east Mediterranean is turned into a kitsch resort. The idea has been widely rejected and described by human rights groups as ethnic cleansing.
The war in Gaza broke out after Hamas's October 7, 2023, attack on Israel that killed 1,200 people. Hamas and allied fighters also took about 251 hostages, 58 of whom are still held in Gaza. The Israeli military says 34 are believed to have died in captivity.
Gaza's Health Ministry said on Sunday that at least 1,613 Palestinians had been killed since March 18, when the ceasefire collapsed, taking the overall death toll since the war began to around 51,000. The war has also laid waste to most of Gaza's built-up areas and displaced most of the enclave's residents.
UAE currency: the story behind the money in your pockets
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Scoreline
Man Utd 2 Pogba 27', Martial 49'
Everton 1 Sigurdsson 77'
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.”
How it works
A $10 hand-powered LED light and battery bank
Device is operated by hand cranking it at any time during the day or night
The charge is stored inside a battery
The ratio is that for every minute you crank, it provides 10 minutes light on the brightest mode
A full hand wound charge is of 16.5minutes
This gives 1.1 hours of light on high mode or 2.5 hours of light on low mode
When more light is needed, it can be recharged by winding again
The larger version costs between $18-20 and generates more than 15 hours of light with a 45-minute charge
No limit on how many times you can charge
Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
INFO
Everton 0
Arsenal 0
Man of the Match: Djibril Sidibe (Everton)
The specs
Engine: four-litre V6 and 3.5-litre V6 twin-turbo
Transmission: six-speed and 10-speed
Power: 271 and 409 horsepower
Torque: 385 and 650Nm
Price: from Dh229,900 to Dh355,000
Juliet, Naked
Dir: Jesse Peretz
Starring: Chris O'Dowd, Rose Byrne, Ethan Hawke
Two stars
Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
Who are the Sacklers?
The Sackler family is a transatlantic dynasty that owns Purdue Pharma, which manufactures and markets OxyContin, one of the drugs at the centre of America's opioids crisis. The family is well known for their generous philanthropy towards the world's top cultural institutions, including Guggenheim Museum, the National Portrait Gallery, Tate in Britain, Yale University and the Serpentine Gallery, to name a few. Two branches of the family control Purdue Pharma.
Isaac Sackler and Sophie Greenberg were Jewish immigrants who arrived in New York before the First World War. They had three sons. The first, Arthur, died before OxyContin was invented. The second, Mortimer, who died aged 93 in 2010, was a former chief executive of Purdue Pharma. The third, Raymond, died aged 97 in 2017 and was also a former chief executive of Purdue Pharma.
It was Arthur, a psychiatrist and pharmaceutical marketeer, who started the family business dynasty. He and his brothers bought a small company called Purdue Frederick; among their first products were laxatives and prescription earwax remover.
Arthur's branch of the family has not been involved in Purdue for many years and his daughter, Elizabeth, has spoken out against it, saying the company's role in America's drugs crisis is "morally abhorrent".
The lawsuits that were brought by the attorneys general of New York and Massachussetts named eight Sacklers. This includes Kathe, Mortimer, Richard, Jonathan and Ilene Sackler Lefcourt, who are all the children of either Mortimer or Raymond. Then there's Theresa Sackler, who is Mortimer senior's widow; Beverly, Raymond's widow; and David Sackler, Raymond's grandson.
Members of the Sackler family are rarely seen in public.
PLAY-OFF%20DRAW
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SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France