Ghassan Abu Sitta addresses a pro-Palestine demonstration at University College London on Friday May 3. as a pro-Palestinian camp has been set up on the campus. AFP
Ghassan Abu Sitta addresses a pro-Palestine demonstration at University College London on Friday May 3. as a pro-Palestinian camp has been set up on the campus. AFP
Ghassan Abu Sitta addresses a pro-Palestine demonstration at University College London on Friday May 3. as a pro-Palestinian camp has been set up on the campus. AFP
Ghassan Abu Sitta addresses a pro-Palestine demonstration at University College London on Friday May 3. as a pro-Palestinian camp has been set up on the campus. AFP

Gaza witness Ghassan Abu Sitta prevented from entering France


Lemma Shehadi
  • English
  • Arabic

Live updates: Follow the latest on Israel-Gaza

A British-Palestinian doctor who was to speak to the French government about the medical crisis in Gaza said he was denied entry into France, in what he described as the European Union's attempt to “silence the witnesses” to the war.

Ghassan Abu Sitta, a London-based reconstructive surgeon, was in Gaza in the early weeks of the war. Upon his return in November, he gave witness testimonies to a UK war crimes unit and International Criminal Court investigators.

He was scheduled to speak to the French Senate, but on Saturday revealed he had been prevented from entering France owing to a one-year ban on entering the EU's Schengen Area placed by German authorities.

“I am at Charles De Gaulle airport. They are preventing me from entering France. I am supposed to speak at the French Senate today. They say the Germans put a one-year ban on my entry to Europe,” he wrote on X.

“Fortress Europe silencing the witnesses to the genocide while Israel kills them in prison,” he added.

A French police source confirmed to AFP that France could not admit the doctor because of a German-issued ban on his entry into the visa-free Schengen zone of which both countries are members.

In March, Dr Abu Sitta said he had been detained at a Berlin airport and “forcibly prevented” from entering Germany, where he was scheduled to speak at a three-day event on Palestine.

Berlin police said they had shut down the event because of a risk of anti-Semitism and glorification of violence, with further bans handed out to guests including former Greek finance minister Yanis Varoufakis.

Dr Abu Sitta, a Harley street surgeon specialising in reconstructive surgery, became a prominent voice on alleged Israeli war crimes in Gaza after posting daily social media updates of what he witnessed in hospitals there in the early weeks of the war.

Upon his return, he was elected rector of the University of Glasgow by students in March.

He was among the first speakers to address a student encampment in solidarity with Gaza at University College London on Friday, the first encampment to be set up in London.

The university had closed its doors to the public for over a week, as student encampments for Gaza were gaining prominence in US campuses.

A small group of tents and lounge chairs could be seen from the gates, with representatives and activists from the encampment regularly coming out to address the public and media.

Initially speaking from outside the campus gates, Dr Abu Sitta told students and the public gathered outside that the increased security around the campus made the institution “complicit” in Israel’s alleged war crimes.

“It’s an attempt to hide the evidence. In any crime, those complicit in a crime, their job is to hide the evidence,” he said.

“Whether what the German government did by deporting me and preventing me from giving evidence in Berlin, or these institutions preventing the public coming in and hearing first hand account of what is happening,” he added.

The encampment is among the first to be set up on UK campuses, although more are expected in the coming week. Dr Abu Sitta was later allowed on to the campus to address the students directly.

RESULTS
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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.”

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

Persuasion
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Company profile

Company name: Dharma

Date started: 2018

Founders: Charaf El Mansouri, Nisma Benani, Leah Howe

Based: Abu Dhabi

Sector: TravelTech

Funding stage: Pre-series A 

Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs

Bio:

Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour

Favourite Hobby: Serving poor people 

Favourite Book: The Alchemist by Paulo Coelho

Favourite food: Fish and vegetables

Favourite place to visit: London

The biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

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