Gaza Humanitarian Foundation 'here to stay', its chairman says


Adla Massoud
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The head of the Gaza Humanitarian Foundation has defended his organisation from fierce criticism of its food delivery system and said its mission would continue even after Hamas and Israel eventually reach a ceasefire deal.

The US-backed GHF began giving out meals in May after Israel had prevented all aid, food and water from entering the Gaza Strip for nearly three months, leading to severe food shortages and famine warnings for the Palestinian territory's 2.3 million residents.

But scenes of chaos immediately unfolded at or near GHF distribution sites. More than 500 people have been killed while waiting to receive rations, the UN Human Rights Office said last week.

The GHF has denied that fatal shootings have occurred in the immediate vicinity of its aid points, and foundation chairman Johnnie Moore denied claims that contractors had hurt Palestinians.

“Any reports of GHF personnel harming anyone are false, 100 per cent false," he said in an interview with The National. "We haven't had a single violent incident within the GHF distribution sites, or in immediate proximity to the sites, except for one, and that is when Hamas threw two grenades at our American workers.

“We go to extraordinary means to make sure that our mission is to help people live … it's just like these lies that we're harming people … it's a lie.”

Hamas and Israel are close to agreeing on a ceasefire, US President Donald Trump said on Wednesday, perhaps by the end of this week. One remaining sticking point is how aid will be distributed. Mr Moore said the GHF would continue its operations after the ceasefire comes into effect.

“We believe GHF is here to stay,” he said. “We just need to get as much food as possible, as quickly as possible, into the Gaza Strip, and we want to get as close to the people as we possibly can … hopefully we get a ceasefire, and we have a plan to do more.”

Palestinians are held behind gates before entering a food distribution site operated by the Gaza Humanitarian Foundation in May. AP
Palestinians are held behind gates before entering a food distribution site operated by the Gaza Humanitarian Foundation in May. AP

He said there were “plenty” of verified incidents where Hamas members threatened or harmed people so it would be blamed on the GHF.

Last week, AP quoted two American contractors alarmed by what they described as reckless and dangerous conduct by their colleagues. One contractor recalled seeing bullets fired indiscriminately, into the air, into the ground, and at times in the direction of Palestinians.

The US State Department, which is providing $30 million in direct funding to the GHF, says the foundation's efforts are vital to ensuring food gets into Gaza without being looted by Hamas.

Mr Moore said the GHF has delivered more than 70 million meals to about one million people in Gaza. He acknowledged concerns about those yet to receive assistance.

“We’re very concerned about them. Every single day, we are pushing to try to get closer to them,” he said.

Mr Moore said the foundation had anticipated having more distribution sites running by now but had been hampered by resistance from the UN.

We “didn't expect the boycott of the United Nations", he said.

The UN has declined to take part in the GHF's operations, accusing the group of militarising aid delivery and putting Palestinians at dire risk.

“Some people are getting food, people are also getting killed trying to get that food. That’s not a way we would run our humanitarian operation,” UN spokesman Stephane Dujarric said.

“We will not work with people who do not meet those standards. Right now, if the GHF or any other group wants to work in a way that meets those standards, we will co-operate with any of them fully.”

Mr Moore defended the GHF’s approach, saying the group uses “incredibly experienced American veterans who are retired, who at this phase of their life just want to feed people".

He added that the UN has “for a long time been OK with their preferred partners using guns in order to get a majority of the aid to people". He said that the main difference is who provides the security, not the principle of armed protection.

The GHF co-ordinates closely with the Israeli military. While it has acknowledged reports of violence, it says these occurred outside its areas of operations.

Global outrage has mounted over the deaths of Palestinians forced to make long and perilous journeys to reach any of the four GHF aid sites, which are inside Israeli-controlled military zones. The UN and other aid groups have called the GHF’s operations a “death trap.”

Mr Moore said the plan was never to replace the international community, rather to work with aid groups to help them get aid in securely.

Unfortunately, he said, like everything in the Israeli-Palestinian discussion, “this became politicised immediately”.

Humanitarian organisations have criticised the foundation’s aid distribution work for lacking independence from Israel, noting that Israeli soldiers stationed near the sites have repeatedly fired at Palestinians.

Asked why international media organisations were not allowed in to monitor and verify conditions, Mr Moore said it had always been the plan to let embedded observers see their operations in Gaza.

“The challenge with that at this phase of our operation in the Gaza Strip is that we are very, very lean,” adding it would require “the diversion of significant resources”.

Palestinians rush to collect aid from the US-backed GHF, in Khan Younis, the southern Gaza Strip, on May 29. Reuters
Palestinians rush to collect aid from the US-backed GHF, in Khan Younis, the southern Gaza Strip, on May 29. Reuters

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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.”

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The life cycle of a worker bee is from 40-60 days

A queen bee lives for 3-5 years

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