Week in review: Israel and Haiti



If humanitarian relief work was an Olympic event, Israel deserves a gold medal - at least that seemed to be the opinion of many Israeli commentators. In the days after Haiti's catastrophic earthquake in which more than 200,000 Haitians died, Israelis rescued or aided in the rescue of four people. They provided medical care to about 1,000 people, conducted 300 operations and delivered 16 babies. After 12 days the Israeli field hospital wound up its operations and headed for home having declared its mission accomplished. In The Jerusalem Post, David Horowitz wrote last week: "The Israeli mission to Haiti ... underlined our capacity to think and act fast and effectively - to pull together and surmount obstacles at a time of crisis. American TV stations reported that the US initially sent medical staff with no instruments. More than two dozen countries ultimately got involved in the relief effort, but most spent the most precious first hours and days working on plans to help, or running into all kinds of logistical difficulties - including finding the means to physically land their rescue planes in the post-quake chaos at the airport. Meanwhile, the Israeli teams, quietly, efficiently, and with a minimum of fuss, collected their personnel, their equipment and all their other essentials, somehow circumvented or cleared all the obstacles, and went to work. "As this week continued, the prospect of finding survivors diminished. But even when local Haitians called out to an IDF crew at one locale on Monday that 'they are all dead,' the rescue teams insistently maintained their search. A senior Israeli medical official had acknowledged early in the week that finding survivors as long as five days after such a disaster was just about possible, and after six days almost impossible. But day six came and went, and still the teams criss-crossed the capital. And they were vindicated, with survivors still pulled from the wreckage on day seven. "The US and others will doubtless contribute a great deal more than Israel can to the long-term process of rebuilding Haiti, but the Israeli medical efforts will also continue long after the international media spotlight has moved on." On Wednesday JTA reported that the Israeli military's medical and rescue team in Haiti has concluded its operations. The delegation which included 218 Israeli soldiers and officers and 18 civilians, was due to leave Haiti that afternoon. Under a Jerusalem Post headline saying, "A public relations dream come true", Benjamin Joffe-Walt wrote: "The Jewish state's rapid and extensive response has hardly gone unnoticed by the country's media, diplomats and foreign advocates. Updates from Israel's delegation inHaiti have been sent regularly to hundreds of Israeli and foreign journalists via e-mail, video, blogs and social networking sites. Journalists were even sent a video of Zaka [Israeli emergency response team] volunteers somewhat unsuccessfully leading a group of Haitians in singing "Haveinu Shalom Aleichem" - "We have brought peace upon you." "Israeli newspapers and TV news programmes have dedicated extensive space to coverage of the delegation in Haiti. Former US president Bill Clinton's thanks to Israel made the front page of one of the leading dailies on Wednesday, followed by an article on the effects of Israel's aid entitled, 'Now they love us'. When a Haitian mother who gave birth in the Israeli field hospital decided to name her child Israel, it was the leading item in most local news outlets. " 'Israel sent a very large delegation, and we were one of the first to arrive,' Mati Goldstein, head of the Zaka rescue delegation, said on the phone from Haiti. 'We built a hospital, are treating 300 to 400 people a day and rescued 19 people from the rubble, more than any other delegation.' "Diaspora Affairs and Public Diplomacy Minister Yuli Edelstein said rescue operations were one of Israel's shining lights." Haaretz reported: "The main conclusion of the Haiti mission from an Israeli perspective, said one senior officer, concerns the 'awareness of the citizens and local authorities of the possibility of an earthquake. It is possible that more exercises are needed, but if you prepare properly for a missile attack on the home front, then you have 95 per cent of the tools [needed] at your disposal for dealing with an earthquake,' said the officer. "An analysis of the decision making process on sending the team once again shows that time is the critical factor. Israel moved quickly, in terms of making its decision and making the necessary preparations. "This provided effective help at a very early stage. In the case of Haiti, the rescue operations among the ruins - even though they drew huge media coverage - were downplayed. 'It is very exciting to pull out survivors, but it's a drop in the bucket. We rescued or aided in the rescue of four people, while all the rescue teams from all the countries saved 132 people altogether. It seems almost 200,000 people died in the earthquake,' said the senior officer." In Maariv, Israel's second most popular newspaper, Tamir Haas, a publicist and media consultant, wrote a commentary a translation of which appears at Mondoweiss. "At a time when our country is under media attack on the basis of harsh and anti-Semitic reports, and we are forced to contend with terrorists who have assumed the winning image of victims of war, one could say that the Haiti disaster is the best thing that could have happened to us. So why are blood, destruction, poverty, hunger and orphans good for the Jewish State? First of all because global attention has been drawn elsewhere and the international media have a more interesting story to cover. Second, because every disaster-area needs a hero, and right now we are it. I must admit that I would not be surprised if the image aspect of setting up a hospital in Haiti, as well as the IDF rescue efforts, was given greater weight than humanitarian considerations. If I am right, then finally, someone in the Knesset has done the right thing, deciding to take advantage of the opportunity to prove to the world how kindhearted and capable we are. And if the Foreign Ministry manages to make further use of the Israeli success stories in Haiti and market them to the world, all the better. We can only hope that none of our talented politicians is caught in front of a camera saying 'We showed the world. We were really awesome in Haiti,' or something like that - a distinct possibility considering the recent mess with the Turks. Better to be modest."

pwoodward@thenational.ae

ROUTE TO TITLE

Round 1: Beat Leolia Jeanjean 6-1, 6-2
Round 2: Beat Naomi Osaka 7-6, 1-6, 7-5
Round 3: Beat Marie Bouzkova 6-4, 6-2
Round 4: Beat Anastasia Potapova 6-0, 6-0
Quarter-final: Beat Marketa Vondrousova 6-0, 6-2
Semi-final: Beat Coco Gauff 6-2, 6-4
Final: Beat Jasmine Paolini 6-2, 6-2

The Good Liar

Starring: Helen Mirren, Ian McKellen

Directed by: Bill Condon

Three out of five stars

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

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 Hunger Games: The Ballad of Songbirds & Snakes

Director: Francis Lawrence

Stars: Rachel Zegler, Peter Dinklage, Viola Davis, Tom Blyth

Rating: 3/5

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

KINGDOM OF THE PLANET OF THE APES

Director: Wes Ball

Starring: Owen Teague, Freya Allen, Kevin Durand

Rating: 3.5/5

Company Profile

Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
Based: Cambridge and Dubai
Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

UAE medallists at Asian Games 2023

Gold
Magomedomar Magomedomarov – Judo – Men’s +100kg
Khaled Al Shehi – Jiu-jitsu – Men’s -62kg
Faisal Al Ketbi – Jiu-jitsu – Men’s -85kg
Asma Al Hosani – Jiu-jitsu – Women’s -52kg
Shamma Al Kalbani – Jiu-jitsu – Women’s -63kg
Silver
Omar Al Marzooqi – Equestrian – Individual showjumping
Bishrelt Khorloodoi – Judo – Women’s -52kg
Khalid Al Blooshi – Jiu-jitsu – Men’s -62kg
Mohamed Al Suwaidi – Jiu-jitsu – Men’s -69kg
Balqees Abdulla – Jiu-jitsu – Women’s -48kg
Bronze
Hawraa Alajmi – Karate – Women’s kumite -50kg
Ahmed Al Mansoori – Cycling – Men’s omnium
Abdullah Al Marri – Equestrian – Individual showjumping
Team UAE – Equestrian – Team showjumping
Dzhafar Kostoev – Judo – Men’s -100kg
Narmandakh Bayanmunkh – Judo – Men’s -66kg
Grigorian Aram – Judo – Men’s -90kg
Mahdi Al Awlaqi – Jiu-jitsu – Men’s -77kg
Saeed Al Kubaisi – Jiu-jitsu – Men’s -85kg
Shamsa Al Ameri – Jiu-jitsu – Women’s -57kg

The Color Purple

Director: Blitz Bazawule
Starring: Fantasia Barrino, Taraji P Henson, Danielle Brooks, Colman Domingo
Rating: 4/5

SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

Other IPL batting records

Most sixes: 292 – Chris Gayle

Most fours: 491 – Gautam Gambhir

Highest individual score: 175 not out – Chris Gayle (for Royal Challengers Bangalore against Pune Warriors in 2013)

Highest strike-rate: 177.29 – Andre Russell

Highest strike-rate in an innings: 422.22 – Chris Morris (for Delhi Daredevils against Rising Pune Supergiant in 2017)

Highest average: 52.16 – Vijay Shankar

Most centuries: 6 – Chris Gayle

Most fifties: 36 – Gautam Gambhir

Fastest hundred (balls faced): 30 – Chris Gayle (for Royal Challengers Bangalore against Pune Warriors in 2013)

Fastest fifty (balls faced): 14 – Lokesh Rahul (for Kings XI Punjab against Delhi Daredevils in 2018)

 

COMPANY PROFILE

Company: Vault
Started: June 2023
Co-founders: Bilal Abou-Diab and Sami Abdul Hadi
Based: Abu Dhabi
Licensed by: Abu Dhabi Global Market
Industry: Investment and wealth advisory
Funding: $1 million
Investors: Outliers VC and angel investors
Number of employees: 14

EMIRATES'S REVISED A350 DEPLOYMENT SCHEDULE

Edinburgh: November 4 (unchanged)

Bahrain: November 15 (from September 15); second daily service from January 1

Kuwait: November 15 (from September 16)

Mumbai: January 1 (from October 27)

Ahmedabad: January 1 (from October 27)

Colombo: January 2 (from January 1)

Muscat: March 1 (from December 1)

Lyon: March 1 (from December 1)

Bologna: March 1 (from December 1)

Source: Emirates

Understand What Black Is

The Last Poets

(Studio Rockers)


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