The British government is facing a growing backlash from both pro-Palestinian and pro-Israeli groups following its decision to impose a partial ban on the sale of weapons to Israel.
With just 30 out of 350 exports licences revoked there was a growing chorus of dissent within Labour ranks and beyond over the small scale of the ban, particularly given the advanced F-35 fighter jet is exempted. The symbolic nature of the ban was a major bone of contention following the announcement.
Zarah Sultana, a Labour MP who has had the whip suspended, called the embargo just a “small fraction” of the arms that Britain ships to Israel.
“This ban still allows the UK to keep 320 arms licences including selling parts for F-35 fighter jets, known as ‘the most lethal’ in the world. The government needs to ban all arms sales.”
Boris Johnson led the pro-Israeli criticism, with the former prime minister condemning Labour for “abandoning Israel” and asking if the government wanted Hamas to win in Gaza.
It was also reported that the White House felt let down by Britain’s decision, having allegedly been assured the ban would not be imposed, although foreign office sources stated that Washington had been informed in advance of the move.
US National Security spokesman John Kirby said the UK gave the US a "heads up" before the announcement.
"Every nation can speak for themselves on how and to what degree they support Israel," Mr Kirby told reporters. "As we speak, there's been no determination by the United States that [the Israelis] have violated international humanitarian law."
Israel’s Prime Minister Benjamin Netanyahu angrily condemned the decision as “shameful” and vowed to defeat Hamas “with or without British arms”.
Chief Rabbi Sir Ephraim Mirvis said the decision “beggars belief” at a time when “six hostages murdered in cold blood by cruel terrorists were being buried by their families”. Foreign Secretary David Lammy made the announcement in London as families gathered for funerals in Israel on Monday.
Ban all arms
The Labour Muslim Network led demands for the government to impose a ban on all arms exports to Israel, something Margaret Thatcher did while she was prime minister during the Lebanon invasion in 1982.
The influential group stated that given Mr Lammy’s conclusion in announcing the ban on Monday that Israel had likely violated international humanitarian law, that Britain should impose “an immediate suspension of all arms exports licences to Israel”.
“We cannot continue to supply over 300 export licences to a military that has shown complete disregard to international humanitarian law,” it said in a statement.
Afzal Khan told The National that he was pleased that Mr Lammy had taken “the important first step” in suspending export licences to Israel.
But he said the key issue was a permanent ceasefire to “stop innocent civilians being killed”, and that this “must remain our utmost priority”.
The grouping of independent pro-Palestinian MPs said in a statement that the announcement “must be the first step in ending all arms to Israel”.
“The government has finally admitted there is a clear risk of weapons being used to commit violations of international law,” it added. “It is beyond shameful that it took the lives of more than 40,000 Palestinians for this admission to be made public.”
F-35 exemption condemned
The exemption of F-35 parts was made because banning them would undermine the global “flight supply chain that is vital to the security of the UK and our allies”, Mr Lammy told MPs.
But the exception for the aircraft that are used extensively by Israel to bomb Gaza as well as Lebanon and Syria, was criticised as “catastrophically bad” by pressure groups.
“Exempting the F-35 fighter jet programme – essentially giving this programme a blank cheque to continue despite knowing that F-35s are being used extensively in Gaza – is a catastrophically bad decision,” said Sacha Deshmukh, Amnesty International UK’s chief executive.
The decision came as the Campaign Against Arms Trade said it had been possible to confirm that an F-35 was used in an attack on 13 July on an Israeli-designated safe zone in al-Mawasi in southern Gaza that killed 90 people.
Undermined alliance?
Richard Pater, chief executive of the Jerusalem-based think tank BICOM, said that while the ban had been expected, the fact it was imposed on the day Israel mourned the death of six murdered hostages was “particularly insensitive and difficult”.
While the weapons supplied by Britain were not very substantial, the ban had “super symbolic significance” coming from one of Israel’s “closest allies and partners”.
“This is very awkward timing when Israel is in a defensive posture against so many enemies orchestrated by the Iranians,” he told The National. “Israel and Britain share joint enemies and the message that this sends to them is incredibly problematic.”
The Labour Friends of Israel group also said it was “deeply concerned” by the message the ban sent to Iran, adding that it could embolden Israel’s enemies and lead to “greater escalation.”
Yoav Gallant, Israel’s defence minister, who Mr Lammy visited in Tel Aviv recently, was clearly angered by the decision, stating on X that he was “deeply disheartened” by it, while his nation was fighting on “seven different fronts”.
Foreign Minister Israel Katz added that the embargo sent “a very problematic message to the Hamas terrorist organisation and its backers in Iran”.
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Griselda
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ARGENTINA SQUAD
Goalkeepers: Franco Armani, Agustin Marchesin, Esteban Andrada
Defenders: Juan Foyth, Nicolas Otamendi, German Pezzella, Nicolas Tagliafico, Ramiro Funes Mori, Renzo Saravia, Marcos Acuna, Milton Casco
Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
Forwards: Lionel Messi, Sergio Aguero, Lautaro Martinez, Paulo Dybala, Matias Suarez
SPECS
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PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
Kamindu Mendis bio
Full name: Pasqual Handi Kamindu Dilanka Mendis
Born: September 30, 1998
Age: 20 years and 26 days
Nationality: Sri Lankan
Major teams Sri Lanka's Under 19 team
Batting style: Left-hander
Bowling style: Right-arm off-spin and slow left-arm orthodox (that's right!)
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.”
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Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
Book%20Details
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COMPANY%20PROFILE
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Famous left-handers
- Marie Curie
- Jimi Hendrix
- Leonardo Di Vinci
- David Bowie
- Paul McCartney
- Albert Einstein
- Jack the Ripper
- Barack Obama
- Helen Keller
- Joan of Arc
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
UAE currency: the story behind the money in your pockets
Boulder shooting victims
• Denny Strong, 20
• Neven Stanisic, 23
• Rikki Olds, 25
• Tralona Bartkowiak, 49
• Suzanne Fountain, 59
• Teri Leiker, 51
• Eric Talley, 51
• Kevin Mahoney, 61
• Lynn Murray, 62
• Jody Waters, 65
More from Neighbourhood Watch:
The five pillars of Islam
Why seagrass matters
- Carbon sink: Seagrass sequesters carbon up to 35X faster than tropical rainforests
- Marine nursery: Crucial habitat for juvenile fish, crustations, and invertebrates
- Biodiversity: Support species like sea turtles, dugongs, and seabirds
- Coastal protection: Reduce erosion and improve water quality
The biog
Favourite books: 'Ruth Bader Ginsburg: A Life' by Jane D. Mathews and ‘The Moment of Lift’ by Melinda Gates
Favourite travel destination: Greece, a blend of ancient history and captivating nature. It always has given me a sense of joy, endless possibilities, positive energy and wonderful people that make you feel at home.
Favourite pastime: travelling and experiencing different cultures across the globe.
Favourite quote: “In the future, there will be no female leaders. There will just be leaders” - Sheryl Sandberg, COO of Facebook.
Favourite Movie: Mona Lisa Smile
Favourite Author: Kahlil Gibran
Favourite Artist: Meryl Streep
Other IPL batting records
Most sixes: 292 – Chris Gayle
Most fours: 491 – Gautam Gambhir
Highest individual score: 175 not out – Chris Gayle (for Royal Challengers Bangalore against Pune Warriors in 2013)
Highest strike-rate: 177.29 – Andre Russell
Highest strike-rate in an innings: 422.22 – Chris Morris (for Delhi Daredevils against Rising Pune Supergiant in 2017)
Highest average: 52.16 – Vijay Shankar
Most centuries: 6 – Chris Gayle
Most fifties: 36 – Gautam Gambhir
Fastest hundred (balls faced): 30 – Chris Gayle (for Royal Challengers Bangalore against Pune Warriors in 2013)
Fastest fifty (balls faced): 14 – Lokesh Rahul (for Kings XI Punjab against Delhi Daredevils in 2018)