Donald Trump’s desire to accelerate a peace deal and the possibility of normalisation between Israel and the Arab world will only preserve a status quo in which the Palestinians stay politically weak and fragmented. Pavel Wolberg / EPA
Donald Trump’s desire to accelerate a peace deal and the possibility of normalisation between Israel and the Arab world will only preserve a status quo in which the Palestinians stay politically weak Show more

Trump's ultimate deal for Palestine is meaningless



Stones were being thrown well before US president Donald Trump arrived in Israel and Palestine last week. They have continued flying after he left for the next stop on his first foreign trip in office. For weeks, Palestinians in the West Bank and Gaza have been protesting at Israeli checkpoints, border zones and inside Palestinian cities, such as Ramallah, in support of more than 1,000 Palestinian prisoners on hunger strike in Israeli jails. Mr Trump’s visit, in fact, was a minor subplot in a larger narrative that has taken shape in Palestine this year.

The hunger strike, which began on April 17, came to an end early on Saturday after Israeli authorities agreed to several conditions laid down by the prisoners. This strike might be over, but its effect will be felt for some time after revealing the endemic fault lines within Palestine.

The Palestinian Authority is facing a crisis of legitimacy that has been exacerbated by its tepid support for the hunger strikers. Palestinians taking to the streets in recent weeks have protested against the occupation along with the PA for its unwillingness to listen to the clear will of its people.

This political impasse is driven by Israel’s long-term project of fragmenting the Palestinians so that they are always in a state of disunity and weakness. The fruits of this project were clear when Hamas announced its revised charter this month that presented a new vision for the conflict.

There are now three competing Palestinian strategies and goals for liberation. Moreover, the West Bank is all but physically severed from the Gaza Strip, where Hamas remains isolated and unable to govern.

Hamas now says it is ready to accept a version of the two-state solution along the 1967 armistice line.

Fatah, under Mahmoud Abbas, has shown its willingness to capitulate to most of Israel’s outlandish demands including the provision that Palestine becomes a demilitarised state and even give up on the right of return for 1948 refugees and their descendants.

Islamic Jihad, the small but influential movement in both the West Bank and Gaza, rejects the premise of negotiations altogether and will continue fighting Israel. With these competing versions of what to do next, how are Palestinians and Israelis expected to make peace according to unknown terms of Mr Trump’s “ultimate deal”?

Internal division and political fragmentation inside Palestine is thus the largest obstacle to any Israeli-Palestinian peace process. The Palestinians have no effective form of leadership that can legitimately speak for them in the West Bank, Gaza and the diaspora. This dire situation did not develop overnight.

It is the result of a carefully thought-out process by Israel and the United States to keep the Palestinians weak and divided.

As Mr Abbas, who is currently in the 12th year of his four-year presidential term, met Mr Trump in Bethlehem last week to discuss the White House’s still unrevealed plan for an Israeli-Palestinian peace agreement, the issue of Palestinian fragmentation wasn’t discussed.

It didn’t need to be. Israel, with the backing of the United States, has invested a considerable amount of money in the PA and Mr Abbas to ensure that West Bank Palestinians don’t organise another campaign of civil disobedience, such as the First Intifada.

The PA, which was set up as an interim self-governing body as part of the 1994 Oslo Accords, has transformed into an effective policing force tasked with cracking down on any form of Palestinian dissent.

Nearly a third of the PA’s annual $4 billion budget reportedly goes to its security services. When Palestinians decide to protest at, say, Israeli settlements in Hebron, they are met with a line of Palestinian security forces preventing them from even getting close to Israeli soldiers or settlers.

With the PA patrolling Palestinians, Israel is free to entrench its matrix of control over the West Bank and shore up its settlements across the territory.

This system has worked so well that this year Israel decided to create an entirely new settlement in the centre of the northern West Bank, something Tel Aviv hasn’t done legally (in the eyes of the Israeli government) for decades.

Regardless of the details of Mr Trump’s ultimate deal for the Israeli-Palestinian conflict, Palestinians are in no position to negotiate a peace agreement. Sure, Mr Abbas could sign a document with Israeli prime minister Benjamin Netanyahu but like Oslo, it will have no staying power nor will it change the power imbalance on the ground.

The recently concluded hunger strike demonstrates that, despite a decades-long campaign by Israel to divide them, Palestinians retain the power to unite behind non-violent protests against Israel’s occupation and its manifestations. That the PA presented itself as a barrier to this campaign is proof that as unity slowly takes root at the grass-roots level, the PA will be a growing target of discontent.

For all the talk of the “ultimate deal”, Mr Trump will probably follow in the footsteps of his predecessor and provide Israel and Mr Abbas with all the help they need to keep Palestinians suppressed, divided and docile.

Mr Trump’s desire to accelerate a peace deal and the possibility of normalisation between Israel and the Arab world will only preserve a status quo in which the Palestinians stay politically weak and fragmented.

The question is how long such a strategy is sustainable, as history warns us that similar attempts at dividing and conquering native populations fell down. When the next intifada comes to Palestine, the PA will probably be its first target and, with no sense of irony, Israel will be quick to argue there’s no unified partner for peace.

jdana@thenational.ae

On Twitter: @ibnezra

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

The years Ramadan fell in May

1987

1954

1921

1888

LOVE AGAIN

Director: Jim Strouse

Stars: Priyanka Chopra Jonas, Sam Heughan, Celine Dion

Rating: 2/5

Ramez Gab Min El Akher

Creator: Ramez Galal

Starring: Ramez Galal

Streaming on: MBC Shahid

Rating: 2.5/5

The specs: 2019 Audi A8

Price From Dh390,000

Engine 3.0L V6 turbo

Gearbox Eight-speed automatic

Power 345hp @ 5,000rpm

Torque 500Nm @ 1,370rpm

Fuel economy, combined 7.5L / 100km

Ruwais timeline

1971 Abu Dhabi National Oil Company established

1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants

1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed

1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.  

1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex

2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea

2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd

2014 Ruwais 261-outlet shopping mall opens

2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies

2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export

2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.

2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery 

2018 NMC Healthcare selected to manage operations of Ruwais Hospital

2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13

Source: The National

South Africa's T20 squad

Duminy (c), Behardien, Dala, De Villiers, Hendricks, Jonker, Klaasen (wkt), Miller, Morris, Paterson, Phangiso, Phehlukwayo, Shamsi, Smuts.

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.”

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Details

Through Her Lens: The stories behind the photography of Eva Sereny

Forewords by Jacqueline Bisset and Charlotte Rampling, ACC Art Books

How do Sim card scams work?

Sim swap frauds are a form of identity theft.

They involve criminals conning mobile phone operators into issuing them with replacement Sim cards by claiming to be the victim, often pretending their phone has been lost or stolen in order to secure a new Sim.

They use the victim's personal details - obtained through criminal methods - to convince such companies of their identity.

The criminal can then access any online service that requires security codes to be sent to a user's mobile phone, such as banking services.

The specs

Engine: Single front-axle electric motor
Power: 218hp
Torque: 330Nm
Transmission: Single-speed automatic
Max touring range: 402km (claimed)
Price: From Dh215,000 (estimate)
On sale: September

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

Pathaan

Director: Siddharth Anand 

Stars: Shah Rukh Khan, Deepika Padukone, John Abraham 

Rating: 3/5

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

ICC Awards for 2021+

MEN

Cricketer of the Year+– Shaheen Afridi+(Pakistan)

T20 Cricketer of the Year+– Mohammad Rizwan+(Pakistan)

ODI Cricketer of the Year+– Babar Azam+(Pakistan)

Test Cricketer of the Year+– Joe Root+(England)

WOMEN

Cricketer of the Year+– Smriti Mandhana+(India)

ODI Cricketer of the Year+– Lizelle Lee+(South Africa)

T20 Cricketer of the Year+– Tammy Beaumont+(England)