Ten days ago, Israel began circulating accusations that 12 employees of the UN Relief and Works Agency (UNRWA) in Gaza had involvement in the Hamas-led attack on southern Israel on October 7. This led to a crisis of indispensable, largely western, funding for this crucial humanitarian services provider for Palestinian refugees, especially in Gaza, where a large majority are refugees from what has become southern Israel.
But this latest campaign is just part of a decades-long attack on the agency by Israel, which is itself just a subset of the broader campaign to eliminate the Palestinian refugee issue by eliminating Palestinian refugees as an internationally monitored and protected group.
On January 18, UNRWA chief Philippe Lazzarini attended his monthly meeting with Israeli officials. He was presented with allegations that 12 of the 13,000 Palestinian employees of UNRWA in Gaza were directly linked to the October 7 attacks. The UN itself publicly revealed the claims by announcing that it had dismissed nine of the 12 accused employees (two were dead).
The news provoked a cascade of demands for UNRWA's dissolution and defunding, particularly since it broke on the same day that the International Court of Justice issued a favourable initial finding for South Africa's genocide case against Israel.
Israel added, without evidence, that 10 per cent of UNRWA’s Gaza workforce is linked to Hamas. That was likely intended to offset the obvious observation that if UNRWA could keep Hamas supporters or even members to a mere 12 out of 13,000 staffers in Gaza, that's an outstanding performance. UNRWA is not a government and it has no investigative or intelligence wing that would allow it to carefully vet thousands of workers – and it routinely shares its employment rolls with Israel.
But the useful immediate distraction is part of a larger and longer campaign that is even more insidious than it initially appears. Israeli Prime Minister Benjamin Netanyahu tried to paint Israeli anger as partly motivated by UNRWA-related testimony regarding Israeli abuses in Gaza cited in South Africa's ICJ case. But even that is a relatively minor detail in Israel's animus against UNRWA.
The real offence by the organisation, for which Israel has laboured mightily for decades to discredit and eliminate it, is that its very existence reflects the persistence of the Palestinian refugee problem and issue. This simultaneously points both backward to the past, to the origin of Israel's founding, as well as forward to the future and to the need to resolve the refugee question as a key part of any agreed-upon final status arrangement. Both are utterly unacceptable to not merely the Israeli political far-right, but deeply threatening to most Jewish Israelis.
Israel never tires of complaining that UNRWA is a unique refugee agency, dedicated to one particular people, as if that were somehow unfair to Israel. But, crucially, this is because when the agency was founded in 1949, the same year as the armistice agreements that formed Israel's de facto international borders, and Israel's membership in the UN General Assembly, the international community was well aware that for the first and only time, it played a direct role in creating a major refugee crisis that otherwise probably would never have existed.
The UN's predecessor organisation, the League of Nations, after the First World War issued a self-contradictory mandate to Britain over Palestine. As with all the other mandates, Britain was instructed to prepare the (almost entirely Arab) population for self-government and independence without altering the local society, and simultaneously repeated verbatim Britain's commitment to transform that society into a Jewish "homeland” as expressed in the earlier Balfour Declaration.
After the Second World War, the new UN itself had voted to partition Palestine between its overwhelming Arab majority and the Jewish settlers who were still less than 30 per cent of the population but were to receive 56 per cent of the territory.
In the subsequent war, between 1947-49, about 700,000-800,000 Palestinians, or 80 per cent of the Arabs in what became Israel, were displaced and forbidden to return. Thus, almost overnight, an Arab society vanished and was indeed replaced by a Jewish one. The creation of UNRWA was a clear recognition of the international community’s direct hand in this tragedy of the dispossession and displacement of one people to make way for another.
Many Israelis would regard all of that as the Palestinian national narrative at best, and Arab propaganda at worst. But not only is it true, but it is the truth as the rest of the world understood it at the time. Yet this history of dispossession as the indispensable foundational necessity for Israel is the subject of intense and systematic repression at home and suppression abroad. The mere existence of UNRWA threatens both.
In the present day, it isn't merely that seeking to deny UNRWA's relief services to the Palestinians in Gaza is part of Israel's war of vengeance, though the agency could shut down by the end of February if funding isn’t restored. Israel has long viewed the refugee issue and the "right of return" as a potent bargaining chip, one that is on par, and often paired with, Jerusalem, and a powerful form of Palestinian leverage in negotiations and international public diplomacy.
UNRWA's work requires it to carefully tally Palestinian refugees, providing accurate numbers and crucial legal status. Israel therefore sees the existence and work of UNRWA as the decisive obstacle to redefining the Palestinian refugees out of existence, and maintains that only those who themselves were physically displaced nearly 80 years ago deserve that status. Hence the astonishing spectacle that the country that created and refuses to resolve one of the world's great refugee crises blames the agency that cares for those refugees, because they are and remain refugees.
It's so simple: no refugees, no issue.
The cynical and cruel campaign against UNRWA operates at nearly every level of Israel's relentless conflict with the Palestinians: as part of the collective war in Gaza; key to suppressing historical realities and memories dangerous to Israel's self-serving national mythology (and, conversely, central to Palestinian mythologies); and crucial to eliminating a potent source of Palestinian leverage at the bargaining table and on the global stage.
The international community needs to see this charade for what it is and, while demanding reasonable reforms and accountability, redouble the commitment to the humanitarian services that UNRWA provides, what it stands for, and the role it must continue to play unless and until the displacement and dispossession of the 1940s is, at last, redressed.
Live updates: Follow the latest news on Israel-Gaza
Premier Futsal 2017 Finals
Al Wasl Football Club; six teams, five-a-side
Delhi Dragons: Ronaldinho
Bengaluru Royals: Paul Scholes
Mumbai Warriors: Ryan Giggs
Chennai Ginghams: Hernan Crespo
Telugu Tigers: Deco
Kerala Cobras: Michel Salgado
Tips to keep your car cool
- Place a sun reflector in your windshield when not driving
- Park in shaded or covered areas
- Add tint to windows
- Wrap your car to change the exterior colour
- Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
- Avoid leather interiors as these absorb more heat
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.”
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
Four-day collections of TOH
Day Indian Rs (Dh)
Thursday 500.75 million (25.23m)
Friday 280.25m (14.12m)
Saturday 220.75m (11.21m)
Sunday 170.25m (8.58m)
Total 1.19bn (59.15m)
(Figures in millions, approximate)
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
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New schools in Dubai
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
Getting there
The flights
Emirates and Etihad fly to Johannesburg or Cape Town daily. Flights cost from about Dh3,325, with a flying time of 8hours and 15 minutes. From there, fly South African Airlines or Air Namibia to Namibia’s Windhoek Hosea Kutako International Airport, for about Dh850. Flying time is 2 hours.
The stay
Wilderness Little Kulala offers stays from £460 (Dh2,135) per person, per night. It is one of seven Wilderness Safari lodges in Namibia; www.wilderness-safaris.com.
Skeleton Coast Safaris’ four-day adventure involves joining a very small group in a private plane, flying to some of the remotest areas in the world, with each night spent at a different camp. It costs from US$8,335.30 (Dh30,611); www.skeletoncoastsafaris.com
What is an ETF?
An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.
There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.
The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.
There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.
While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash.
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