Pro-Palestinian protesters rally in support of Gaza and Lebanon in Times Square on October 5, in New York City. Getty Images via AFP
Pro-Palestinian protesters rally in support of Gaza and Lebanon in Times Square on October 5, in New York City. Getty Images via AFP
Pro-Palestinian protesters rally in support of Gaza and Lebanon in Times Square on October 5, in New York City. Getty Images via AFP
Pro-Palestinian protesters rally in support of Gaza and Lebanon in Times Square on October 5, in New York City. Getty Images via AFP


US citizens may empathise with Palestine but American politicians are another story


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October 07, 2024

This October 7, the continuing killings of Palestinians in Gaza and the massive bombings in Lebanon was probably be ignored by US officials and media outlets as they solemnly commemorated the anniversary of Hamas’s attack on Israel. What they would ignore is that the history of the Israeli-Palestinian conflict didn’t begin on October 7 last year, nor did the suffering end on that day.

October 7 was a horrific day, to be sure, of condemnable acts committed by Hamas against innocents. It is important that the stories of those who were murdered and those taken hostage be told and that we hear their cries and mourn their loss. And it is right that Hamas be condemned for the crimes they committed. But history didn’t start on that nightmarish day, and it certainly didn’t end there either.

Since then, from what we know for certain, more than 41,825 Palestinians have been killed, nearly 97,000 wounded, with more than 20,000 missing. Entire Palestinian families have been wiped out, neighbourhoods levelled, most housing in Gaza has been destroyed along with its schools, hospitals and infrastructure. Aid has been restricted, resulting in deaths from disease, starvation and malnutrition. And all kinds of psychological disorders have taken hold resulting from prolonged trauma. Respected international agencies have accused Israel of committing genocide – the destruction of a society, its culture and well-being. And now the devastation and trauma is being extended to Lebanon.

Pro-Palestinian protesters rally in support of Gaza and Lebanon at Times Square, on October 5, in New York City. Getty Images via AFP
Pro-Palestinian protesters rally in support of Gaza and Lebanon at Times Square, on October 5, in New York City. Getty Images via AFP

When America’s political leaders and media commemorate the horror of last October 7, what happened after that day is unlikely to be considered. What began on October 8 and continues until now will probably be ignored. Worse still, those who dare to speak of the tragedy that followed could be denounced for their insensitivity to Jewish suffering. It will be as if the cries of the Israeli victims will drown out those of the Palestinians. The pain of one group of people will be prioritised over another’s. It is something that Arabs have come to expect: They are not seen as equal human beings.

To be crude, this is not making a case for Palestinians winning the victimhood Olympics. Rather it is merely a reminder that Palestinian lives matter as much as Israeli lives and that history didn’t begin or end on October 7, 2023. But this is not the story that will be told on that day, in the US media or in Congress or by the White House. And it’s not the way this story will enter US history books.

It’s often noted that history, as it’s taught in a society, is written by the dominant group. The story that is told is a function of the perspective of the person who’s relating it. It’s how they see it from where they stand, and its meaning is determined by where they choose to start their narrative.

When I was in school, the American history we learnt began with Columbus’s “discovery” of what was termed “the New World”. “Indians” were savages and the “3/5ths compromise” was presented as a logical answer to how to count slaves in the census.

The world history we studied was Eurocentric. Islam was a barbaric threat; China was a mere footnote “discovered by Marco Polo”; Genghis Khan was a marauder. And the British and French, we were taught, brought civilisation to the primitive people of the south and east.

In reality, of course, the “New World” was populated with ancient civilisations that had built magnificent cultures, slavery was a barbaric institution, Islamic civilisation taught the West a great deal, Genghis Khan was one of the great conveyors of culture from East to West, and colonialism was an evil that subjugated and exploited and distorted the economic and political development of the conquered nations.

But that’s not the story that was taught, because those who wrote the history we learnt in school began their story in 1492 and told it from the perspective of Americans or Europeans looking out at the world.

Back to last October. Palestinians have a tragic story to tell of dispossession, displacement and oppression that began a century ago. But in the US, their story is not the dominant narrative. The nightmare they’ve lived through is either not understood or it is rejected outright.

Palestinians have a tragic story to tell of dispossession, displacement and oppression that began a century ago. But in the US, their story is not the dominant narrative

In mid-October last year, I had an encounter with a senior Biden administration official. After he spoke passionately about October 7 and the trauma it evoked for Jews everywhere, I told him I understood. I noted how my uncle, a US soldier in the Second World War, told me about what he saw on entering the concentration camps in Nazi Germany.

His stories and The Diary of Anne Frank, which I read in high school, helped me understand Jewish trauma and be understanding of their fears. I cautioned him, however, that there was another group of people who also had a history of trauma and that what Palestinians were seeing play out evoked for them the nightmare of the Nakba.

We must, I insisted, be sensitive to the trauma of both peoples. He angrily shot back, dismissing my observation saying that it smacked of “whataboutism”. I was stunned and angry. It was one thing for Israelis to feel that only their suffering matters and that anyone who attempts to distract from that one-sided view is either dismissive of Jewish pain or is defending those who inflict it. It’s quite another for US officials and major media figures to share this view.

Public opinion in the US is changing with more Americans understanding the Palestinian story and empathising with their pain. This broader view, however, has not taken hold in official political and media circles. They still see history through the eyes of only one side. For them, only Israeli lives and suffering matters and the story of the current tragedy began and ended on October 7.

Live updates: Follow the latest on Israel-Gaza

Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

Recipe: Spirulina Coconut Brothie

Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)

Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy. 

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Company info

Company name: Entrupy 

Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist

Based: New York, New York

Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.  

Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius. 

Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place. 

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

PFA Team of the Year: David de Gea, Kyle Walker, Jan Vertonghen, Nicolas Otamendi, Marcos Alonso, David Silva, Kevin De Bruyne, Christian Eriksen, Harry Kane, Mohamed Salah, Sergio Aguero

Global Fungi Facts

• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil

PSA DUBAI WORLD SERIES FINALS LINE-UP

Men’s: 
Mohamed El Shorbagy (EGY)
Ali Farag (EGY)
Simon Rosner (GER)
Tarek Momen (EGY)
Miguel Angel Rodriguez (COL)
Gregory Gaultier (FRA)
Karim Abdel Gawad (EGY)
Nick Matthew (ENG)

Women's: 
Nour El Sherbini (EGY)
Raneem El Welily (EGY)
Nour El Tayeb (EGY)
Laura Massaro (ENG)
Joelle King (NZE)
Camille Serme (FRA)
Nouran Gohar (EGY)
Sarah-Jane Perry (ENG)

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

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What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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.”

Updated: October 09, 2024, 4:33 AM