Palestinian children in Gaza city. More than 64,000 people have been killed in Israel's war. AP
Palestinian children in Gaza city. More than 64,000 people have been killed in Israel's war. AP
Palestinian children in Gaza city. More than 64,000 people have been killed in Israel's war. AP
Palestinian children in Gaza city. More than 64,000 people have been killed in Israel's war. AP

US imposes sanctions on Palestinian rights groups calling for Israel war crimes probe


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The US has imposed sanctions on three Palestinian human rights groups that asked the International Criminal Court to investigate Israel over allegations of genocide in Gaza, according to a notice posted to the US Treasury Department's website.

The three groups – the Gaza-based Palestinian Centre for Human Rights and Al Mezan Centre for Human Rights, and the Ramallah-based Al Haq – were listed under what the Treasury Department said were ICC-related designations.

The groups asked the ICC in November 2023 to investigate Israeli air strikes on densely populated civilian areas of Gaza, the siege of the territory and displacement of the population.

A year later, the ICC issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defence chief, Yoav Gallant, as well as a Hamas leader, Ibrahim Al Masri, for alleged war crimes and crimes against humanity.

US President Donald Trump's administration has imposed sanctions on ICC judges as well as its chief prosecutor over the Israeli arrest warrants and a past decision to open a case into alleged war crimes by US troops in Afghanistan.

The ICC, which was established in 2002, has jurisdiction over war crimes, crimes against humanity, and genocide in its 125 member countries. Some nations, including the US, China, Russia and Israel, do not recognise its authority.

The US sanctions against the Palestinian groups come days after the world's biggest academic association of genocide scholars passed a resolution saying the legal criteria have been met to establish that Israel is committing genocide in Gaza.

Israel called the announcement disgraceful and "entirely based on Hamas' campaign of lies".

Israel launched its assault on the Palestinian enclave in October 2023, after fighters from Hamas attacked southern Israel, killing 1,200 people and taking about 240 hostages back into Gaza.

Since then, Israel's military campaign has killed more than 64,000 people, forced nearly all of Gaza's residents to flee their homes at least once, and set off a starvation crisis in parts of the territory that a global hunger monitor describes as a famine.

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One in nine do not have enough to eat

Created in 1961, the World Food Programme is pledged to fight hunger worldwide as well as providing emergency food assistance in a crisis.

One of the organisation’s goals is the Zero Hunger Pledge, adopted by the international community in 2015 as one of the 17 Sustainable Goals for Sustainable Development, to end world hunger by 2030.

The WFP, a branch of the United Nations, is funded by voluntary donations from governments, businesses and private donations.

Almost two thirds of its operations currently take place in conflict zones, where it is calculated that people are more than three times likely to suffer from malnutrition than in peaceful countries.

It is currently estimated that one in nine people globally do not have enough to eat.

On any one day, the WFP estimates that it has 5,000 lorries, 20 ships and 70 aircraft on the move.

Outside emergencies, the WFP provides school meals to up to 25 million children in 63 countries, while working with communities to improve nutrition. Where possible, it buys supplies from developing countries to cut down transport cost and boost local economies.

 

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.”

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

PSA DUBAI WORLD SERIES FINALS LINE-UP

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Karim Abdel Gawad (EGY)
Nick Matthew (ENG)

Women's:
Nour El Sherbini (EGY)
Raneem El Welily (EGY)
Nour El Tayeb (EGY)
Laura Massaro (ENG)
Joelle King (NZE)
Camille Serme (FRA)
Nouran Gohar (EGY)
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The specs

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Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

Updated: September 05, 2025, 6:56 AM