'We are here to help any way possible': Thousands in Abu Dhabi pack aid for Gaza


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Almost 4,000 volunteers gathered on Sunday at the Abu Dhabi National Exhibition Centre to help pack aid boxes for Palestinian people in Gaza.

The collection is the latest in what is expected to be a series of Compassion (Tarahum) for Gaza campaign packing events, with details and dates to be announced soon, organisers said.

Rashid Al Mansouri, deputy secretary-general for local affairs at Emirates Red Crescent, praised residents across the UAE who “rushed and raced to participate and donate to the Compassion for Gaza campaign”.

“In spite of us having specified hours [9am to 2pm], we saw a large number of volunteers come even before then and that shows how the UAE’s [residents] regard humanitarian work and how much they want to help,” he said.

We want to do everything we can with our hands and hearts to help the people in Gaza
Amira El Gawly

The event was part of the Compassion for Gaza campaign organised by ERC, the World Food Programme, the Ministry of Foreign Affairs and the Ministry of Community Development.

On the campaign's first day on Sunday, October 15, at Mina Port in Abu Dhabi, 13,000 parcels were packed.

Events took place on Saturday at Al Rimal Hall in Dubai and Expo Centre in Sharjah. Between all three events this weekend, organisers said around 25,000 boxes have been prepared.

Volunteers of all nationalities gathered in Abu Dhabi on Sunday.

For Emirati Jawaher Al Menhali, 28, it was her second time as a volunteer to send aid to Palestine.

“It isn’t about country or nationality or religion. It is about helping the people,” she said. “This is what the UAE is – it is helping your family in a time of need.

“We are filled with compassion, and Palestine, in particular, has very close ties with the community from the time of our Founding Father Sheikh Zayed.

“The community here is huge, but regardless of any country ever in need, the UAE will always be there to support them.”

Organisers said details and dates of more packaging event will be announced soon.
Organisers said details and dates of more packaging event will be announced soon.

Safwat El Gawly, 79, from Egypt and his daughter Amira, 38, were among those standing in the long rows of people, packing boxes.

“We want to do everything we can with our hands and hearts to help the people in Gaza,” said Amira, who was born in the UAE.

“This is a tragedy beyond imagination and we are ready to do whatever we can. If there was a plane going right now to go to Gaza, I would be on it, but for now, this is all I can do.”

Many families were there to to help with donations. Abdullah Al Saadi and two of his four children were with him on Sunday.

“As an Emirati, I have an obligation to serve in whatever way I can,” he said. “Today, we are one and it isn’t about religion or country. We are here to help in any way possible.”

Fatima Al Hosani, 17, said she wanted to do what she could to help the Palestinians in Gaza.

“Many of the families of my friends have died and this is the least I could do,” she said. “These are people who are in a crisis. Young children and babies and innocent civilians have died – I couldn’t just stand by and do nothing.”

Halla Al Abed from Saudi Arabia, who was with her daughter Ghada, said the event helped to give a sense of unity.

“We felt helpless, but being here and seeing everyone is really amazing,” Ms Abed said.

“You have a sense of unity, which is what is needed in these circumstances,” she said.

Mohamed Al Fahim, 30, said that watching the news and all the images of the deaths is heartbreaking

“We have all seen the images on the news and everyone here today is looking to help,” he said. “Palestinians are part of our community and what we are seeing today is traumatic. How do you expect anyone to not react and do whatever they can to help?”

On Saturday, a convoy of 20 lorries took relief to the Gaza Strip, but humanitarian organisations and many of the residents said it was not enough.

A large proportion of Gaza's 2.4 million people rely on aid, but the densely populated area has been deprived of fuel, food, water and medical supplies for two weeks, due to Israeli bombardment since the unprecedented Hamas attack on October 7.

NGO officials who spoke to The National from Gaza said the Red Crescent has been pleading for the establishment of a humanitarian corridor so that aid can reach the millions of people in Gaza.

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Tax authority targets shisha levy evasion

The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.

Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".

The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.

He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.

"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.

As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.

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The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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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.”

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Updated: October 23, 2023, 5:37 AM