Israeli Prime Minister Benjamin Netanyahu has alarmed Arab nations by calling for a 'Greater Israel' that may include their land. AFP
Israeli Prime Minister Benjamin Netanyahu has alarmed Arab nations by calling for a 'Greater Israel' that may include their land. AFP
Israeli Prime Minister Benjamin Netanyahu has alarmed Arab nations by calling for a 'Greater Israel' that may include their land. AFP
Israeli Prime Minister Benjamin Netanyahu has alarmed Arab nations by calling for a 'Greater Israel' that may include their land. AFP

Arab world condemns Benjamin Netanyahu's 'Greater Israel' vision


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Arab countries have condemned remarks by Israeli Prime Minister Benjamin Netanyahu in which he expressed support for the idea of a "Greater Israel".

Mr Netanyahu was asked in an Israeli TV interview whether he felt attached to the idea. He said he did, "very much", and that he felt a sense of “historic and spiritual mission" about Israel.

A "Greater Israel" would almost certainly include areas earmarked for a future Palestinian state, and possibly parts of other countries such as Jordan and Egypt. The Arab League said it strongly condemned Mr Netanyahu's comments.

"These statements are considered a violation of the sovereignty of Arab states and an attempt to undermine security and stability in the region," it said. It called them "a serious threat to collective Arab national security and a blatant challenge to international law and the principles of international legitimacy."

Saudi Arabia condemned the remarks "in the strongest terms possible" and expressed its "outright rejection of the settlement and expansionist plans adopted by the Israeli occupation authorities."

Qatar said the Israeli leader's comments amounted to "blatant aggression" against the sovereignty of states, international treaties and the UN charter. Jordan called them "a dangerous, provocative escalation".

"These statements and practices reflect the dire situation of the Israeli government, and coincide with its international isolation amid its ongoing aggression against the occupied Gaza Strip and the West Bank," said the Jordanian Foreign Ministry spokesman Sufian Qudah.

He said "these allegations and delusions, promoted by extremists within the Israeli government, encourage the continuation of cycles of violence and conflict, and require a clear international stance condemning them".

Israel has built settlements in the occupied West Bank, which is illegal under the laws of war, and plans to reoccupy Gaza in a new offensive. Some Israeli politicians, as well as US President Donald Trump, have openly mused about forcing Palestinians out of Gaza to other countries.

Mr Netanyahu raised new concerns in the TV interview by saying Israel would "allow" Gazans to leave the strip. AP reported that Israel had approached African countries about hosting evicted Palestinians.

One of the countries mentioned, South Sudan, denied it was engaged in any such talks. "These claims are baseless and do not reflect the official position or policy" of the government, it said.

Rajasthan Royals 153-5 (17.5 ov)
Delhi Daredevils 60-4 (6 ov)

Rajasthan won by 10 runs (D/L method)

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Champions parade (UAE timings)

7pm Gates open

8pm Deansgate stage showing starts

9pm Parade starts at Manchester Cathedral

9.45pm Parade ends at Peter Street

10pm City players on stage

11pm event ends

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.”

Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Updated: August 14, 2025, 6:12 AM