US House Speaker Mike Johnson near the pro-Palestinian student gathering at Columbia University in New York City on Wednesday. AFP
US House Speaker Mike Johnson near the pro-Palestinian student gathering at Columbia University in New York City on Wednesday. AFP
US House Speaker Mike Johnson near the pro-Palestinian student gathering at Columbia University in New York City on Wednesday. AFP
US House Speaker Mike Johnson near the pro-Palestinian student gathering at Columbia University in New York City on Wednesday. AFP

Palestine protesters at Columbia University face National Guard threats


Patrick deHahn
  • English
  • Arabic

Live updates: Follow the latest on Israel-Gaza

US House Speaker Mike Johnson visited Columbia University on Wednesday and suggested the National Guard should be called in to clear what he called anti-Semitic protests against Israel's war in Gaza.

“There is an appropriate time for the National Guard,” Mr Johnson said in remarks just steps from a pro-Palestine protest camp, which has been a focal point for a fast-growing anti-war movement at universities across the US.

His comments echo those of Tom Cotton and Josh Hawley, two far-right Republican senators who this week advocated for the National Guard to be sent.

Republicans and protest critics say demonstrators, many of whom are Jewish, are being anti-Semitic by criticising Israel's actions in the Gaza Strip, where health authorities say more than 34,200 people have been killed.

“We just can't allow this kind of hatred and anti-Semitism to flourish on our campuses,” Mr Johnson said.

“It must be stopped in its tracks. Those who are perpetrating this violence should be arrested.”

He was joined by fellow Republican representatives Nicole Malliotakis, Mike Lawler and Virginia Foxx, all of whom were met with loud boos from protesters.

They said they spoke to Jewish students who told them they are “in fear” and have dealt with bullying.

“This simple truth is neither Israel nor these Jewish students on this campus will ever stand alone,” Mr Johnson said.

The Republican House leader also said they met Columbia University President Nemat Shafik and other school administrators.

Mr Johnson suggested that she should resign “if she cannot immediately bring order to this chaos”.

On Tuesday evening, Ms Shafik said in a statement that “a small group of faculty, administrators, and University Senators … [were] in dialogue with student organisers to discuss the basis for dismantling the encampment, dispersing and following university policies going forward”.

She said the university would “have to consider alternative options for clearing the West Lawn and restoring calm” if an agreement is not reached.

Student protest organisers claimed that university leaders “threatened … to call both the National Guard and NYPD if we do not acquiesce to their demands”, and negotiators left discussions as a result.

Columbia said the claim was “untrue” and “unsubstantiated”.

A university cannot request the National Guard be brought in. Only a state governor has that authority.

Organisers referred to the Kent State shootings, an indelible moment in US protest history when National Guard troops shot into an anti-Vietnam War campus protest in Ohio in 1970 and killed four students.

Organisers later issued a new statement saying they had received a “written commitment and concession not to call the NYPD or the National Guard”, calling it an “important victory”.

Columbia said discussions will continue for at least 48 hours.

Columbia's protest – and the university-ordered police arrests of more than 100 people last week – have inspired student protest camps and pro-Palestine demonstrations at university campuses across the US.

“This is a deeply painful, painful moment for many communities,” White House press secretary Karine Jean-Pierre said.

Most of the student protests have called for their schools to divest from companies working with Israel, shut down academic relations with Israeli institutions and a ceasefire in Gaza.

“The President believes that free-speech debate and non-discrimination on college campuses are important – they're important American values,” Ms Jean-Pierre said.

The new movement has drawn the attention of Israeli Prime Minister Benjamin Netanyahu.

“What’s happening in America’s college campuses is horrific. Anti-Semitic mobs have taken over leading universities,” he said in a video on Wednesday.

“It’s unconscionable. It has to be stopped. It has to be condemned and condemned unequivocally.”

Universities have seen anti-Semitic and Islamophobic incidents since Israel launched its war in Gaza in response to the October 7 Hamas-led attacks. which Israel says killed about 1,200 people.

Pro-Israel supporters say that criticism of the country is an attack on Jewish people.

But many pro-Palestine campus gatherings have Jewish students taking part, and others are led by Jewish Voice for Peace affiliates.

“I think that it's a really clear, repressive tactic meant to attempt to silence and chill us,” New York University graduate student Alana told The National.

She said she was Jewish and took part in similar anti-war protests calling for divestment at New York University.

“They can use various forms of anti-hatred, anti-Semitic law, different modes of legalised attack on our movement by calling it anti-Semitic, even though a large percentage of every single Palestine protest is Jewish and young Jews,” Alana said.

Pro-Palestine protests at US universities – in pictures

  • Activists and students take part in an encampment protest at George Washington University, in Washington. AFP
    Activists and students take part in an encampment protest at George Washington University, in Washington. AFP
  • Students and faculty of Drexel University and University of Pennsylvania erect an encapment to protest against the war in Gaza, at the University of Pennsylvania campus, in Philadelphia. AFP
    Students and faculty of Drexel University and University of Pennsylvania erect an encapment to protest against the war in Gaza, at the University of Pennsylvania campus, in Philadelphia. AFP
  • Columbia University students continue their demonstration on campus afterlast week's arrest of more than 100 protesters, in New York City. Getty Images
    Columbia University students continue their demonstration on campus afterlast week's arrest of more than 100 protesters, in New York City. Getty Images
  • Police watch as students and faculty show support at a Protect Palestine Rally at the University of Texas, in Austin. EPA
    Police watch as students and faculty show support at a Protect Palestine Rally at the University of Texas, in Austin. EPA
  • A student is arrested during a pro-Palestine demonstration at the University of Texas at Austin. Getty Images
    A student is arrested during a pro-Palestine demonstration at the University of Texas at Austin. Getty Images
  • Students rally at the University of Texas at Austin, where police arrested scores of protesters. Getty images
    Students rally at the University of Texas at Austin, where police arrested scores of protesters. Getty images
  • Mounted police confront students protesting against the war in Gaza, at the University of Texas at Austin. Getty Images
    Mounted police confront students protesting against the war in Gaza, at the University of Texas at Austin. Getty Images
  • Pro-Palestine demonstrators argue with University of Southern California officials, who attempted to take down an encampment set up in support of Gaza, at the institution in Los Angeles. Getty images
    Pro-Palestine demonstrators argue with University of Southern California officials, who attempted to take down an encampment set up in support of Gaza, at the institution in Los Angeles. Getty images
  • University of Southern California police officers detain a pro-Palestine demonstrator. Getty Images
    University of Southern California police officers detain a pro-Palestine demonstrator. Getty Images
  • University of Southern California officers dismantle protesters' tents. EPA
    University of Southern California officers dismantle protesters' tents. EPA
  • Police stand guard at an entrance to Columbia University, in New York City, where students continue to protest in support of Palestinians, amid the war in Gaza. Reuters
    Police stand guard at an entrance to Columbia University, in New York City, where students continue to protest in support of Palestinians, amid the war in Gaza. Reuters
  • Najla Said, daughter of Palestinian-American academic and literary critic Edward Said, and Motaz Azaiza, a Palestinian photojournalist from Gaza, join the Gaza solidarity encampment at Columbia University. Photo: Columbia Students for Justice in Palestine
    Najla Said, daughter of Palestinian-American academic and literary critic Edward Said, and Motaz Azaiza, a Palestinian photojournalist from Gaza, join the Gaza solidarity encampment at Columbia University. Photo: Columbia Students for Justice in Palestine
  • As the campus protests continue, Columbia has moved its classes online. AFP
    As the campus protests continue, Columbia has moved its classes online. AFP
  • Workers erect a wooden barrier at New York University Stern School of Business after an encampment set up by students was cleared out on Monday night. Getty Images
    Workers erect a wooden barrier at New York University Stern School of Business after an encampment set up by students was cleared out on Monday night. Getty Images
  • Massachusetts Institute of Technology student Isa Liggans, front left, takes part in Muslim prayer with others, at an encampment of tents at the college, in Cambridge, Massachusetts. AP
    Massachusetts Institute of Technology student Isa Liggans, front left, takes part in Muslim prayer with others, at an encampment of tents at the college, in Cambridge, Massachusetts. AP
  • Police officers disperse pro-Palestinian students and protesters who set up an encampment on the campus of New York University. AFP
    Police officers disperse pro-Palestinian students and protesters who set up an encampment on the campus of New York University. AFP
  • A protester outside New York University. Reuters
    A protester outside New York University. Reuters
  • Pro-Palestinian protesters gather in front of Sproul Hall on the campus of the University of California, Berkeley. AP
    Pro-Palestinian protesters gather in front of Sproul Hall on the campus of the University of California, Berkeley. AP
  • Pro-Israeli demonstrators chant 'shame' after Columbia University assistant professor Shai Davidai was denied access to the main campus. AP
    Pro-Israeli demonstrators chant 'shame' after Columbia University assistant professor Shai Davidai was denied access to the main campus. AP
  • A tent used by pro-Palestinian demonstrators at MIT. Bloomberg
    A tent used by pro-Palestinian demonstrators at MIT. Bloomberg
  • A coalition of University of Michigan students rally to pressure the university to divest its endowment from companies that support Israel. Reuters
    A coalition of University of Michigan students rally to pressure the university to divest its endowment from companies that support Israel. Reuters
  • A sign at the University of Michigan. Reuters
    A sign at the University of Michigan. Reuters
  • A pro-Palestinian protester in front of Sproul Hall in Berkeley, California. Getty Images / AP
    A pro-Palestinian protester in front of Sproul Hall in Berkeley, California. Getty Images / AP
  • Police officers detain pro-Palestinian students and protesters at New York University. AFP
    Police officers detain pro-Palestinian students and protesters at New York University. AFP
  • Police in Riot gear stand guard as demonstrators chant slogans outside the Columbia University campus. AP
    Police in Riot gear stand guard as demonstrators chant slogans outside the Columbia University campus. AP
  • Pro-Palestinian students and activists protest against the Israel-Gaza war on the campus of New York University. AFP
    Pro-Palestinian students and activists protest against the Israel-Gaza war on the campus of New York University. AFP
The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Small%20Things%20Like%20These
%3Cp%3EDirector%3A%20Tim%20Mielants%3Cbr%3ECast%3A%20Cillian%20Murphy%2C%20Emily%20Watson%2C%20Eileen%20Walsh%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The specs
Engine: 2.4-litre 4-cylinder

Transmission: CVT auto

Power: 181bhp

Torque: 244Nm

Price: Dh122,900 

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

SPECS
%3Cp%3EEngine%3A%20Supercharged%203.5-litre%20V6%0D%3Cbr%3EPower%3A%20400hp%0D%3Cbr%3ETorque%3A%20430Nm%0D%3Cbr%3EOn%20sale%3A%20Now%0D%3Cbr%3EPrice%3A%20From%20Dh450%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
FIGHT CARD

 

1.           Featherweight 66kg

Ben Lucas (AUS) v Ibrahim Kendil (EGY)

2.           Lightweight 70kg

Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)

3.           Welterweight 77kg

Marcos Costa (BRA) v Abdelhakim Wahid (MAR)

4.           Lightweight 70kg

Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)

5.           Featherweight 66kg

Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)

6.           Catchweight 85kg

Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)

7.           Featherweight 66kg

Yousef Al Husani (UAE) v Mohamed Allam (EGY)

8.           Catchweight 73kg

Mostafa Radi (PAL) v Abdipatta Abdizhali (KGZ)

9.           Featherweight 66kg

Jaures Dea (CMR) v Andre Pinheiro (BRA)

10.         Catchweight 90kg

Tarek Suleiman (SYR) v Juscelino Ferreira (BRA)

Pad Man

Dir: R Balki

Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte

Three-and-a-half stars

The UN General Assembly President in quotes:

YEMEN: “The developments we have seen are promising. We really hope that the parties are going to respect the agreed ceasefire. I think that the sense of really having the political will to have a peace process is vital. There is a little bit of hope and the role that the UN has played is very important.”

PALESTINE: “There is no easy fix. We need to find the political will and comply with the resolutions that we have agreed upon.”

OMAN: “It is a very important country in our system. They have a very important role to play in terms of the balance and peace process of that particular part of the world, in that their position is neutral. That is why it is very important to have a dialogue with the Omani authorities.”

REFORM OF THE SECURITY COUNCIL: “This is complicated and it requires time. It is dependent on the effort that members want to put into the process. It is a process that has been going on for 25 years. That process is slow but the issue is huge. I really hope we will see some progress during my tenure.”

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Sav%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Purvi%20Munot%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24750%2C000%20as%20of%20March%202023%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Angel%20investors%3C%2Fp%3E%0A
New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

RESULTS

Bantamweight:
Zia Mashwani (PAK) bt Chris Corton (PHI)

Super lightweight:
Flavio Serafin (BRA) bt Mohammad Al Khatib (JOR)

Super lightweight:
Dwight Brooks (USA) bt Alex Nacfur (BRA)

Bantamweight:
Tariq Ismail (CAN) bt Jalal Al Daaja (JOR)

Featherweight:
Abdullatip Magomedov (RUS) bt Sulaiman Al Modhyan (KUW)

Middleweight:
Mohammad Fakhreddine (LEB) bt Christofer Silva (BRA)

Middleweight:
Rustam Chsiev (RUS) bt Tarek Suleiman (SYR)

Welterweight:
Khamzat Chimaev (SWE) bt Mzwandile Hlongwa (RSA)

Lightweight:
Alex Martinez (CAN) bt Anas Siraj Mounir (MAR)

Welterweight:
Jarrah Al Selawi (JOR) bt Abdoul Abdouraguimov (FRA)

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

The specS: 2018 Toyota Camry

Price: base / as tested: Dh91,000 / Dh114,000

Engine: 3.5-litre V6

Gearbox: Eight-speed automatic

Power: 298hp @ 6,600rpm

Torque: 356Nm @ 4,700rpm

Fuel economy, combined: 7.0L / 100km

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.”

Company profile

Company: Verity

Date started: May 2021

Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif

Based: Dubai

Sector: FinTech

Size: four team members

Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000

Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors

Updated: April 25, 2024, 8:23 AM