The Emirates Red Crescent, the humanitarian arm of the UAE government, is overseeing bringing Emirati aid to Gaza. Photo: Wam
The Emirates Red Crescent, the humanitarian arm of the UAE government, is overseeing bringing Emirati aid to Gaza. Photo: Wam
The Emirates Red Crescent, the humanitarian arm of the UAE government, is overseeing bringing Emirati aid to Gaza. Photo: Wam
The Emirates Red Crescent, the humanitarian arm of the UAE government, is overseeing bringing Emirati aid to Gaza. Photo: Wam

UAE

UAE distributes aid to more than 13,000 Palestinians in Gaza

Food parcels, tents, blankets and sleeping bags given out under Operation Gallant Knight 3

Jessica Morgan

December 29, 2023

  • English
  • Arabic

The UAE has distributed aid to more than 13,000 displaced Palestinians in Gaza affected by the Israel-Gaza war.

Aid included food parcels, tents, blankets, sleeping bags, supplies for women and items for children, said officials.

It comes part of the UAE's Operation Gallant Knight 3 humanitarian initiative, which aims to alleviate the suffering of Palestinians in Gaza.

Around 2,454 food parcels were distributed to displaced Palestinians in various locations in and around Khan Younis and Rafah in southern Gaza.

The UAE this week sent more than 1.6 million items of warm clothing and blankets to Gaza to help Palestinians cope with winter conditions.

The aid convoy was overseen by the Emirates Red Crescent, the humanitarian arm of the UAE government, as part of its Be their Warmth campaign. Supplies will be distributed in phases.

More than 21,100 people have been killed in Israeli attacks on Gaza since the war broke out, Gaza's Health Ministry said on Thursday.

The vast majority of Gaza's 2.2 million population is believed to have been displaced by the fighting, highlighting the urgent need for humanitarian aid.

Latest from the Israel-Gaza war – in pictures

  • Houthi fighters shout gather in Sanaa. The rebels have launched attacks in the Red Sea in response to the Gaza war. EPA
    Houthi fighters shout gather in Sanaa. The rebels have launched attacks in the Red Sea in response to the Gaza war. EPA
  • From left, Israeli Foreign Ministry adviser Tal Becker, lawyer Malcolm Shaw and Gilad Noam, deputy attorney general for international affairs, at the International Court of Justice in The Hague. AFP
    From left, Israeli Foreign Ministry adviser Tal Becker, lawyer Malcolm Shaw and Gilad Noam, deputy attorney general for international affairs, at the International Court of Justice in The Hague. AFP
  • A Palestinian man injured in an Israeli strike receives treatment in Khan Younis, southern Gaza. AP
    A Palestinian man injured in an Israeli strike receives treatment in Khan Younis, southern Gaza. AP
  • Palestinian medics mourn after members of the Palestinian Red Crescent were killed in an Israeli strike in Deir Al Balah. Reuters
    Palestinian medics mourn after members of the Palestinian Red Crescent were killed in an Israeli strike in Deir Al Balah. Reuters
  • Israeli soldiers take up positions during a ground operation in Khan Younis. AP
    Israeli soldiers take up positions during a ground operation in Khan Younis. AP
  • Mourners gather at Al Najar hospital in Rafah, after several relatives of a member of the Hamas general military council were killed in a strike. AFP
    Mourners gather at Al Najar hospital in Rafah, after several relatives of a member of the Hamas general military council were killed in a strike. AFP
  • Palestinians wait to receive food aid in Rafah. AP
    Palestinians wait to receive food aid in Rafah. AP
  • A mass grave in Rafah. More than 23,000 people have been killed in Gaza since October 7. AFP
    A mass grave in Rafah. More than 23,000 people have been killed in Gaza since October 7. AFP
  • Palestinians search the rubble of destroyed buildings after an Israeli attack on Rafah. AFP
    Palestinians search the rubble of destroyed buildings after an Israeli attack on Rafah. AFP
  • Injured Palestinians receive treatment at Nasser hospital in Khan Younis. AFP
    Injured Palestinians receive treatment at Nasser hospital in Khan Younis. AFP
  • Smoke rises over Khan Younis in the southern Gaza Strip, as seen from Rafah, during sustained Israeli air strikes. AFP
    Smoke rises over Khan Younis in the southern Gaza Strip, as seen from Rafah, during sustained Israeli air strikes. AFP
  • The destruction has spread throughout the Gaza Strip, from the north to Rafah in the south. Reuters
    The destruction has spread throughout the Gaza Strip, from the north to Rafah in the south. Reuters
  • Israeli soldiers stand on an armoured personnel carrier near the Israel-Gaza border, in southern Israel. Reuters
    Israeli soldiers stand on an armoured personnel carrier near the Israel-Gaza border, in southern Israel. Reuters
  • Smoke rises following Israeli air strikes in Khan Younis, the southern Gaza Strip. EPA
    Smoke rises following Israeli air strikes in Khan Younis, the southern Gaza Strip. EPA
  • Israeli Prime Minister Benjamin Netanyahu receives a security briefing with commanders and soldiers in the northern Gaza Strip. AP
    Israeli Prime Minister Benjamin Netanyahu receives a security briefing with commanders and soldiers in the northern Gaza Strip. AP
  • Palestinians mourn their relatives killed in an Israeli strike on the Al Maghazi refugee camp. AFP
    Palestinians mourn their relatives killed in an Israeli strike on the Al Maghazi refugee camp. AFP
  • A Palestinian man detained by the Israeli military awaits treatment for his injuries in Rafah. AFP
    A Palestinian man detained by the Israeli military awaits treatment for his injuries in Rafah. AFP
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Dubai launched the pilot phase of its real estate tokenisation project last month.

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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'Worse than a prison sentence'

Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.

“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.

“They were living in perpetual mystery as to how their futures would pan out, and what that would be.

“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.

“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.

“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”

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Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
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Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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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.

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Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Updated: December 29, 2023, 4:47 AM
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