No president has done what I have for Israel, Trump says in Netanyahu meeting


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Donald Trump met Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago resort in Florida on Friday, claiming that "no president has done what I've done for Israel".

The meeting signalled that both men are looking to ease tension that developed since Mr Trump left office in January 2021.

Warmly clasping hands, Mr Trump and Mr Netanyahu greeted each other outside the former president's home in their first face-to-face meeting in almost four years.

About 50 pro-Palestinian protesters were on the bridge leading to the resort.

Given a possible return of Mr Trump to the White House, Mr Netanyahu – whom CNN reported had requested the meeting – was expected to be driven to mend fences.

As president, Mr Trump fulfilled some of Mr Netanyahu's top wishes from the US, including the moving of the American embassy to Jerusalem and declaring that settlements in the occupied Palestinian territories did not breach international law.

But the Israeli leader angered Mr Trump when he congratulated Mr Biden on his victory in the 2020 election, which Mr Trump has falsely claimed was rigged.

  • Israeli Prime Minister Benjamin Netanyahu and his wife Sara are welcomed by former US president Donald Trump at the Mar-a-Lago Club in Palm Beach, Florida. Photo: Embassy of Israel to the USA
    Israeli Prime Minister Benjamin Netanyahu and his wife Sara are welcomed by former US president Donald Trump at the Mar-a-Lago Club in Palm Beach, Florida. Photo: Embassy of Israel to the USA
  • Mr Netanyahu and Mr Trump meet at Mar-a-Lago. Photo: Embassy of Israel to the USA
    Mr Netanyahu and Mr Trump meet at Mar-a-Lago. Photo: Embassy of Israel to the USA
  • Mr Netanyahu shakes hands with Mr Trump at the Mar-a-Lago Club. Photo: Embassy of Israel to the USA
    Mr Netanyahu shakes hands with Mr Trump at the Mar-a-Lago Club. Photo: Embassy of Israel to the USA
  • Mr Trump speaks during the meeting with Mr Netanyahu. AP
    Mr Trump speaks during the meeting with Mr Netanyahu. AP
  • Mr Netanyahu speaks during the meeting. AP
    Mr Netanyahu speaks during the meeting. AP
  • Mr Trump at the meeting in Mar-a-Lago. AP
    Mr Trump at the meeting in Mar-a-Lago. AP
  • Mr Trump meets Mr Netanyahu and others at his Florida home. AP
    Mr Trump meets Mr Netanyahu and others at his Florida home. AP

More recently, Mr Trump criticised Mr Netanyahu for security failures around the October 7 Hamas attack that killed about 1,200 people and led to the war in Gaza.

Mr Trump insisted following the meeting that his relationship with Mr Netanyahu has "always been good".

Mr Netanyahu's visit to the Republican nominee in this year's presidential race comes a day after meetings in Washington with President Joe Biden and Vice President Kamala Harris, who will top the Democratic ticket.

In her meeting with Mr Netanyahu, Ms Harris sharply pressed the Israeli leader about the humanitarian situation in Gaza in “frank” talks that were watched for signs of how she might shift American policy on Israel if she becomes president.

“I made clear my serious concern about the dire humanitarian situation there,” Ms Harris said in remarks after the meeting. “I will not be silent.”

Mr Trump slammed her comments, calling them "disrespectful" and "not very nice".

"I actually don't know how a person who is Jewish could vote for her," he said.

But in an interview with Fox News on Thursday, Mr Trump called for a quick end to Israel's war with Hamas and a return of the hostages, adding that Israel has to better manage its “public relations”.

“I want him [Mr Netanyahu] to finish up and get it done quickly,” Mr Trump said. “They are getting decimated with this publicity.”

Before the meeting, Mr Trump posted an image of a letter he had received from Palestinian President Mahmoud Abbas on his Truth Social platform and pledged to work for Middle East peace if he is re-elected.

During the interview, Mr Trump also blasted those who protested against Mr Netanyahu's speech to Congress on Wednesday.

The Israeli Prime Minister's speech was boycotted by dozens of Democratic politicians, with thousands of demonstrators marching in Washington to Capitol Hill as they protested against the war in Gaza while others demanded Mr Netanyahu bring the hostages home.

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Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Cheeseburger%20ingredients
%3Cp%3EPrice%20for%20a%20single%20burger%20%C2%A30.44%3Cbr%3EPrice%20for%20a%20single%20bun%20%C2%A30.17%3Cbr%3EPrice%20for%20a%20single%20cheese%20slice%20%C2%A30.04%3Cbr%3EPrice%20for%2010g%20Gherkins%20is%20less%20than%20%C2%A30.01%3Cbr%3EPrice%20for%2010g%20ketchup%20is%20less%20than%20%C2%A30.01%20%3Cbr%3EPrice%20for%2010g%20mustard%20is%20less%20than%20%C2%A30.01%3Cbr%3EPrice%20for%2010g%20onions%20is%20less%20than%20%C2%A30.01%3C%2Fp%3E%0A%3Cp%3ETotal%2068p%3C%2Fp%3E%0A%3Cp%3ECredit%3A%20Meal%20Delivery%20Experts%3C%2Fp%3E%0A
Results:

6.30pm: Handicap (Turf) | US$175,000 2,410m | Winner: Bin Battuta, Christophe Soumillon (jockey), Saeed bin Suroor (trainer)

7.05pm: UAE 1000 Guineas Trial Conditions (Dirt) | $100,000 1,400m | Winner: Al Hayette, Fabrice Veron, Ismail Mohammed

7.40pm: Handicap (T) $145,000 1,000m | Winner: Faatinah, Jim Crowley, David Hayes

8.15pm: Dubawi Stakes Group 3 (D) $200,000 1,200m | Winner: Raven’s Corner, Richard Mullen, Satish Seemar

8.50pm: Singspiel Stakes Group 3 (T) $200,000 1,800m | Winner: Dream Castle, Christophe Soumillon, Saeed bin Suroor

9.25pm: Handicap (T) $175,000 1,400m​​​ | Winner: Another Batt, Connor Beasley, George Scott

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.”

RESULTS

Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden

INDIA'S%20TOP%20INFLUENCERS
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Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Updated: July 27, 2024, 4:58 AM