UK Foreign Minister David Lammy speaks in the House of Commons. Photo: UK Parliament
UK Foreign Minister David Lammy speaks in the House of Commons. Photo: UK Parliament
UK Foreign Minister David Lammy speaks in the House of Commons. Photo: UK Parliament
UK Foreign Minister David Lammy speaks in the House of Commons. Photo: UK Parliament

David Lammy announces restoration of UK's UNRWA funding


Damien McElroy
  • English
  • Arabic

UK Foreign Secretary David Lammy said the country would restore funding to the UN agency for Palestinian refugees, after payments were paused amid Israeli allegations about some UNRWA staff.

Mr Lammy said on Friday that a plan for reconstruction must be ready immediately for a ceasefire in the enclave and that UNRWA was vital for rebuilding efforts. The UK will provide £21 million ($27.1 million) in new funding to the agency.

"UNRWA is absolutely central to these efforts, no other agency can operate at the scale needed. It's already feeding over half of Gaza's population," he said. "It will be vital for future reconstruction and it provides critical services to Palestinian refugees in the region."

The UN agency, led by Philippe Lazzarini, suffered a donor crisis when Israel lodged complaints that some staff had ties to Hamas, a move that provoked global concerns after the attack on Israel that sparked the Gaza war.

"I was appalled by the allegations that UNRWA staff were involved in the October 7 attacks. But the UN took these allegations seriously," said Mr Lammy.

"I've spoken to UN Secretary General [Antonio] Guterres and commissioner Lazzarini. We are reassured that after Catherine Colonna's independent review, UNRWA is ensuring they meet the highest standards of neutrality and strengthening its procedures including on vetting.

"UNRWA has acted. Partners like Japan, the European Union and Norway have also now acted. This government will act, too. I can confirm to the House [Parliament] that we are overturning the suspension of UNRWA funding."

The new funds are not only for the delivery of aid, but also to reinforce the reforms agenda pursued by Mr Lazzarini.

"Britain will provide £21 million in new funds, some directed at supporting the management reforms recommended by the Colonna review, and UNRWA supports more than five and a half million Palestinians, almost 200 of their staff have died through this conflict. I thank them for this life saving work."

UNRWA commissioner general Philippe Lazzarini. David Lammy says he has held talks with the UN official. AFP
UNRWA commissioner general Philippe Lazzarini. David Lammy says he has held talks with the UN official. AFP

Speaking in the House of Commons, the Foreign Secretary said Israel had imposed impossible and unacceptable restrictions on aid into Gaza. "Humanitarian aid is a moral necessity in the face of such catastrophe and it is aid agencies who ensure UK support reaches civilians on the ground," Mr Lammy added.

Pointing to the volume of aid crossing the border into Gaza as the conflict has raged in defiance of ceasefire talks, he said the entry of 70 lorries a day was nowhere near enough. "Britain wants to see an immediate ceasefire," he added.

"The fighting must stop. The hostages must be released. Much, much more aid has got to enter Gaza. This horror must end, now.

"We were told in April that they would flood Gaza with aid – 70 is no way near enough."

The level of disease in the besieged enclave sent a warning to the world that the Gaza death toll would increase, he said, particularly with reports of an outbreak of polio and cases of diarrhoea at "40 times" normal levels. "Polio [is] setting in Gaza, it is horrific and troubles us all deeply," Mr Lammy added.

A UK government breakdown of the package of support for UNRWA showed:

· The UK will provide £6 million to the Gaza flash appeal, through which UNRWA is specifically focused on addressing the most urgent needs of more than three million people in Gaza and the occupied West Bank.

· A further £15 million with be disbursed to UNRWA’s programme budget to provide basic services in Palestine and the wider region.

Last week, the UK signed a joint statement alongside more than 117 member states, including the US, Germany, Jordan, Kuwait and Slovenia, making clear their shared commitment and support to the “vital and indispensable role” of UNRWA in providing life-saving aid to Palestinian refugees.

The UK Liberal Democrats' foreign affairs spokeswoman Layla Moran urged Mr Lammy to “pull the lever that would best signify” the country's commitment to the two-state solution, by announcing the recognition of a Palestinian state.

“And there is only one viable answer to that, and that is the two-state solution," she said.

"That is our North Star, it is the keystone to stability in the region as well, but I have to express disappointment that the Foreign Secretary refuses to pull the lever that would best signify our commitment to it, which is to recognise the Palestinian state on 1967 borders. Ireland, Spain and Norway did it this May. Will he consider it, and if he won’t, why not?”

In his reply, Mr Lammy said such a move was in Labour's sights. “There is no confusion on this party’s position on Palestinian recognition," he said. "We are committed to Palestinian recognition. We hope to work with partners to achieve that when the circumstances are right.”

Mr Lammy added that ending the conflict in Gaza means Hamas is removed from positions of control, but added that Israel must not oversee the enclave either. "[Israel's army] must not be situated in Gaza, there has to be a new paradigm," he said. "It will evolve. I suspect our partners and others can give the security guarantees to Israel. It's a complicated picture. We have to work at pace at what becomes afterwards."

Campaigners said the government should strength its commitment to UNRWA with guarantees and pushed Mr Lammy to take a stronger stand on Israel's compliance with international laws.

"This announcement should be supported by multi-year commitments to fund UNRWA, alongside renewed political support for its mandate," a spokeswoman for Bond International said. "Humanitarian funding should not be used as a sticking plaster to circumvent international responsibilities.

"We also welcome the new UK government’s assessment of the government of Israel’s compliance with international law and look forward to the publishing of this assessment."

Chris Doyle, of the Council for Arab-British Understanding, called for a push to ensure Israel takes responsibility for the agency's losses in the conflict. "The government must also hold Israel accountable for its role in the killing of 197 UNRWA staff in Gaza since 7 October, 2023," he said. "This is the highest number of United Nations fatalities ever recorded in a single conflict."

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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.”

Indoor cricket in a nutshell

Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

The specs: 2018 Volkswagen Teramont

Price, base / as tested Dh137,000 / Dh189,950

Engine 3.6-litre V6

Gearbox Eight-speed automatic

Power 280hp @ 6,200rpm

Torque 360Nm @ 2,750rpm

Fuel economy, combined 11.7L / 100km

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

MATCH INFO

Uefa Champions League semi-final, first leg

Tottenham v Ajax, Tuesday, 11pm (UAE).

Second leg

Ajax v Tottenham, Wednesday, May 8, 11pm

Games on BeIN Sports

Updated: July 20, 2024, 4:48 AM