According to Israel’s official sources, its military campaign in Gaza has now entered phase two, with a configuration of air, ground and special forces engaged in the Palestinian enclave. This is part of a long war, with Israel’s stated objective being to eradicate Hamas’s military and political capabilities. The focus is first on northern Gaza, but it expects to expand its operations to central and southern Gaza as well.
Hamas and other Palestinian groups claim to have repulsed Israeli ground and special forces, while Israel reports having killed Hamas leaders in Gaza and incarcerated others in the West Bank. A handful of hostages held by Hamas have returned, but militarily very little can be objectively verified. Therefore, the only conclusion to be drawn, as the conflict reaches its one-month mark, is that the battles will continue.
From a societal perspective, the enclave’s evident devastation is widespread, with more than 25 per cent of Gaza City razed to rubble. Thousands upon thousands of Palestinians have been killed and tens of thousands maimed or injured, including from the recent air raids on the Jabalia refugee camp. More than a million Palestinians have been displaced across the Strip, which only provides partial safety from intermittent air raids. Israel is pursuing collective punishment and targeting health facilities in violation of international law.
Along with many of its western allies, it has rejected calls for a ceasefire and refused to accept even a humanitarian pause. Israel has essentially deprived the sick and wounded of basic health services, with hospitals being rendered dysfunctional by the high number of patients and the lack of resources.
Crisis management efforts need to be complemented by conflict resolution efforts on the core issue of ending Israeli occupation of Palestinian territory
The situation has become so dire that several US and UN officials have resigned in protest. Numerous demonstrations have been witnessed in several western countries, countering their own governments’ positions and calling for a ceasefire in Gaza. Bolivia, Chile, Colombia and Jordan have either cut relations with or reduced the level of representation in Israel. Other countries could follow.
Regrettably, however, I foresee more pain and suffering of non-combatants before this page is turned. The only question is how many more lives will be lost and civilians injured.
The political consequences of the events of the past month are also quite significant.
It was hardly surprising that the US and most of the western world were inclined to support Israel. However, US President Joe Biden’s meeting with Israel’s recently assembled war cabinet was particularly inappropriate, and alarming, as he effectively green lighted the subsequent Israeli operations. It was not surprising, therefore, that the leaders of Egypt, Jordan and Palestine then decided to cancel their meetings with Mr Biden.
The subsequent refusal of the US and several western governments to support calls for a ceasefire, and their insistence that Israel had the right to self-defence, further affirmed the belief of a wide-ranging majority of public opinion that the West was biased and applying double standards. This was evident at the Cairo Peace Summit held shortly after hostilities broke out. This forced some Arab countries to distance themselves from their western friends.
Arab and international efforts have been made at the UN Security Council and General Assembly to generate wider public support for a ceasefire and humanitarian pause. Several western countries joined in these efforts, but the US remained in opposition. While this obvious bias will not immediately change Arab positions towards the West, there will be incremental consequences as public opinion heats up if Israel continues its relentless use of force, especially at the expense of civilians.
As the war is prolonged as projected by Israel, and the number of civilian casualties continues to mount, we are seeing an erosion of support for Israel in global public opinion, including in the western world. The traditional contemporary narrative that Israel is a small country facing existential threats from aggressive neighbours has already lost some ground and will continue to do so.
Most importantly, public opinion in the Arab world, including among those who do not support Hamas, is increasingly aggrieved by the ruthlessness of the Israeli military campaign, which justifies Palestinian deaths as acceptable collateral damage. The feelings of dismay and anger are bound to increase as the death toll keeps going up, as will growing perceptions that all this is part of a preconceived plan to evacuate Palestinians by transferring them from Gaza to the Sinai Peninsula in Egypt and subsequently from the West Bank to Jordan. Public opinion will carefully monitor Israeli actions and Arab reactions in the weeks to come, with the expectation that concrete measures will be taken at the Arab League summit in Riyadh on November 11.
There are concerns that the Gaza crisis will spill over into a wider regional conflict. There have been several cross-border incidents involving Israel, Egypt, Hezbollah and even reports of missile activity in the Red Sea, with the US targeting some Iranian sites in Syria. For now, all these appear to be contained and controlled actions rather than precursors to a regional conflict, but one should never underestimate the potential threats and risks embodied in the fog of a war that can quickly get out of hand.
Looking forward, one can only conclude that without a paradigm shift, things will only worsen as risks of spill overs increase. In essence, the status quo is politically untenable and morally unacceptable. Palestinian lives are not collateral damage, especially non-combatants. In the absence of a ceasefire or humanitarian pause, Palestinian losses will only fuel more anger against Israel and possibly even generate a greater need for personal revenge and retribution.
US Secretary of State Antony Blinken returned to the region on Friday, with behind-the-scenes diplomacy ongoing, albeit mostly regarding hostage exchange and the provision of humanitarian support. The humanitarian issues there need to be dealt with expeditiously. I therefore expect renewed efforts in the UN to deal with them more cogently in the next few days.
These issues alone, however, do not address the root causes of the Palestinian-Israeli conflict that, in essence, are existential choices of whether these two peoples will live together peacefully moving forward. Crisis management efforts need to be complemented by conflict resolution efforts on the core issue of ending Israeli occupation of Palestinian territory and the creation of a Palestinian state as part of a two-state solution. That is what will provide peace and security for all, including Israel.
What is the FNC?
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
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.”
MO
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The%20Sandman
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Match info
Newcastle United 1
Joselu (11')
Tottenham Hotspur 2
Vertonghen (8'), Alli (18')
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
CONFIRMED%20LINE-UP
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Last 10 winners of African Footballer of the Year
2006: Didier Drogba (Chelsea and Ivory Coast)
2007: Frederic Kanoute (Sevilla and Mali)
2008: Emmanuel Adebayor (Arsenal and Togo)
2009: Didier Drogba (Chelsea and Ivory Coast)
2010: Samuel Eto’o (Inter Milan and Cameroon)
2011: Yaya Toure (Manchester City and Ivory Coast)
2012: Yaya Toure (Manchester City and Ivory Coast)
2013: Yaya Toure (Manchester City and Ivory Coast)
2014: Yaya Toure (Manchester City and Ivory Coast)
2015: Pierre-Emerick Aubameyang (Borussia Dortmund and Gabon)
2016: Riyad Mahrez (Leicester City and Algeria)
Understand What Black Is
The Last Poets
(Studio Rockers)
Cultural fiesta
What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421, Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day.
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Results
2.30pm: Expo 2020 Dubai – Conditions (PA) Dh80,000 (Dirt) 1,600m; Winner: Barakka, Ray Dawson (jockey), Ahmad bin Harmash (trainer)
3.05pm: Now Or Never – Maiden (TB) Dh82,500 (Turf) 1,600m; Winner: One Idea, Andrea Atzeni, Doug Watson
3.40pm: This Is Our Time – Handicap (TB) Dh82,500 (D) 1,600m; Winner: Perfect Balance, Tadhg O’Shea, Bhupat Seemar
4.15pm: Visit Expo 2020 – Handicap (TB) Dh87,500 (T) 1,600m; Winner: Kaheall, Richard Mullen, Salem bin Ghadayer
4.50pm: The World In One Place – Handicap (TB) Dh95,000 (T) 1.900m; Winner: Castlebar, Adrie de Vries, Helal Al Alawi
5.25pm: Vision – Handicap (TB) Dh95,000 (D) 1,200m; Winner: Shanty Star, Richard Mullen, Rashed Bouresly
6pm: Al Wasl Plaza – Handicap (TB) Dh95,000 (T) 1,200m; Winner: Jadwal, Dane O’Neill, Doug Watson
Read more about the coronavirus
SUCCESSION%20SEASON%204%20EPISODE%201
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
Email sent to Uber team from chief executive Dara Khosrowshahi
From: Dara
To: Team@
Date: March 25, 2019 at 11:45pm PT
Subj: Accelerating in the Middle East
Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.
I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.
This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.
It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.
Uber on,
Dara
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
COMPANY%20PROFILE
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Porsche Taycan Turbo specs
Engine: Two permanent-magnet synchronous AC motors
Transmission: two-speed
Power: 671hp
Torque: 1050Nm
Range: 450km
Price: Dh601,800
On sale: now
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
THE SPECS
Engine: 3.6-litre V6
Transmission: nine-speed automatic
Power: 310hp
Torque: 366Nm
Price: Dh200,000