A demonstrator walks past a portrait of Benjamin Netanyahu at an anti-government protest in Tel Aviv. AFP
A demonstrator walks past a portrait of Benjamin Netanyahu at an anti-government protest in Tel Aviv. AFP
A demonstrator walks past a portrait of Benjamin Netanyahu at an anti-government protest in Tel Aviv. AFP
A demonstrator walks past a portrait of Benjamin Netanyahu at an anti-government protest in Tel Aviv. AFP


On Palestine at the UN, it's Netanyahu versus the world


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June 09, 2025

The government of Israeli Prime Minister Benjamin Netanyahu is setting the stage for the upcoming UN International Conference for the Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution. The three-day session, to be held in New York from June 17-20, will be chaired by the President of France, Emmanuel Macron, and Saudi Arabia's Crown Prince Mohammed bin Salman.

It is believed that at this conference, France and a number of other countries will formally recognise the State of Palestine. In an angry response, Mr Netanyahu announced that should France and others make this announcement, Israel will retaliate with the formal annexation of the Occupied Palestinian Territories.

In a sense, the threats are meaningless, not because Israel couldn’t take measures to sabotage a Palestinian state, but because this is precisely what it has been doing for several decades – and it has accelerated its efforts in the past few years.

The daily news from Gaza is numbing. Earlier, in March this year, after 18 months of an immense toll in lives and property, Israel agreed to a ceasefire, only to break it and intensify its plans to wipe out and annex large swathes of this territory.

Daily, there are reports of Israeli bombings, shelling, or shootings that kill scores of Palestinians at shelters or food distribution sites. In too many instances, Israeli officials first deny that it happened, then deny that they had anything to do with the killings – “it might have been Hamas” or, “if we did, it was because our soldiers were forced to shoot in the air” to control unruly crowds.

When all else fails, the government obfuscates by announcing that a military review panel is looking into the matter (coupled with the charge that anyone prejudging the matter before the Israeli military publicly issues its findings – which they never do – must be harbouring an anti-Israel bias). The result is that there is no accountability, and the killings continue.

The Netanyahu government’s plan for Gaza is taking shape. The logic behind the Israeli-US “humanitarian mission” in Gaza is now established and that is to facilitate their masterplan for the area to wipe out the population.

First, the Israeli government is conducting “mopping up” operations in the north, evicting as many Palestinians as possible from 80 per cent of Gaza and forcing them to congregate in congested areas along the southern border.

Then, after denying Palestinians food aid for three months, they have set up these Israeli-run food distribution sites in the south with the clear message that “if you’re hungry and want food, this is the only place you’ll get it”.

As throngs of desperate Palestinians mass at the sites, Israeli forces use live ammunition as crowd control, killing dozens at each location. The entire enterprise is inhuman and yet it continues.

The situation in the West Bank has gone from bad to worse. After months of raids that have taken the lives of 1,000 Palestinians and destroyed the homes of 40,000, the Israeli government has authorised the establishment of 22 new settlements, the confiscation of more Palestinian land, and the construction of more Jewish-only roads. All of this will serve to further the cantonisation of the West Bank, isolating Palestinian population centres from one another.

The design Israel's government is following was laid out in 1978 by Matityahu Drobles of the World Zionist Organisation. The Drobles Plan envisioned total conquest of the West Bank through the establishment of Israeli settlement blocs connected by highways and secured infrastructure that would divide the area, making the establishment of a contiguous Palestinian state impossible.

This was Drobles’ declared intent. Back in the 1970s, Israel’s Labour governments rejected this idea, preferring to build settlements along the 1967 lines. When the Likud party came to power, they embraced Drobles in 1979 and began to implement it, but without ever formally acknowledging it. Now they have.

Palestinians in East Jerusalem fare no better. They still face threats of confiscation of homes and properties, the weaponisation of archaeology through which the Israeli government has seized sites they believe hold special importance to their history, while ignoring that same site’s pre-history or current importance to Palestinian Muslims or Christians.

And while Christians and Muslims are violently assaulted or harassed as they seek to pray on their faiths’ holy days, Jewish worshippers are protected by the Israeli military as they violate what had been the previously accepted “status quo” at the Haram Al Sharif.

While in the past, these violations were carried out by a handful of Jewish religious extremists, now there are thousands, including officials, who annually invade the Haram. And as if to signal their clear intentions, Israeli officials have changed street signs which once pointed the way to the “Haram” to now read the “Temple”.

And so the upcoming UN sessions have the makings of a supreme test of wills. It pits the Israeli government, backed by the US, against the rest of the world. What Israel's government is doing and what it still can do is known. The question is whether other nations will find the resolve to directly confront Israel’s plans and take action to isolate and seek accountability from it for its actions.

It will require more than recognition of Palestinian rights, verbal protests, or resolutions of disapproval of Israeli policies. Europe can’t just protest against settlements and genocide in Gaza, while continuing to be the largest buyers of Israeli-made weapons. If they don’t apply sanctions (like Spain) or boycott settlement products (like Ireland), nothing will change.

In a real sense, at stake during next week’s UN sessions is more than just recognition of a Palestinian state, it is the survival of the rule of law and human rights covenants and the integrity of the UN.

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One in nine do not have enough to eat

Created in 1961, the World Food Programme is pledged to fight hunger worldwide as well as providing emergency food assistance in a crisis.

One of the organisation’s goals is the Zero Hunger Pledge, adopted by the international community in 2015 as one of the 17 Sustainable Goals for Sustainable Development, to end world hunger by 2030.

The WFP, a branch of the United Nations, is funded by voluntary donations from governments, businesses and private donations.

Almost two thirds of its operations currently take place in conflict zones, where it is calculated that people are more than three times likely to suffer from malnutrition than in peaceful countries.

It is currently estimated that one in nine people globally do not have enough to eat.

On any one day, the WFP estimates that it has 5,000 lorries, 20 ships and 70 aircraft on the move.

Outside emergencies, the WFP provides school meals to up to 25 million children in 63 countries, while working with communities to improve nutrition. Where possible, it buys supplies from developing countries to cut down transport cost and boost local economies.

 

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.”

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

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)

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

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Updated: June 11, 2025, 12:16 PM