Live updates: Follow the latest news on Israel-Gaza
Israel is likely to continue limited ground operations in the Gaza Strip instead of pushing ahead with a full-scale invasion, diplomats have told The National.
“There is no easy way out for the Israelis," said James Moran, a former EU official and ex-ambassador to Egypt. "The most likely outcome is that there will be so-called surgical raids.
“If there were a full-scale invasion, the Israelis could get stuck in the mud very quickly in Gaza, as they have before.”
The US has reportedly put pressure on Israel for more time for hostage negotiation and humanitarian aid delivery. Meanwhile, Israel has been publicly lowering expectations of a full-on invasion.
“We’ve never announced that there was going to be a ground operation,” army spokesman Peter Lerner told the BBC Newshour programme on Monday.
"If it happens, the ground offensive will be based on operational conditions that will benefit the implementation of our goals,” he added, without clarifying what those conditions were.
Israel disengaged in 2005 from the Gaza Strip, a densely populated 360 square kilometre enclave which it conquered in 1967.
In 2007, it placed Gaza under a blockade after Hamas, considered a terrorist organisation by several Western countries, came to power.
Hamas’s unprecedented raid on Israel on October 7, during which it killed more than 1,400 Israelis, has led to limited retaliatory land raids and intense air strikes from Israel that have killed about 5,000 Palestinians.
Israeli military officials on Monday said Hamas was still holding 222 hostages in the Gaza Strip. The militant group released two US women on Friday and up to 10 more are believed to be in captivity in Gaza, according to The New York Times.
Concern for the well-being of hostages is one of the reasons why the US is pressuring Israel to delay its invasion, media reports say. The US also wants more time for aid to reach Palestinians.
Israel’s “total blockade” of the Gaza Strip has left the enclave without running water or electricity and the hospital network is collapsing.
Those worries are shared on the other side of the Atlantic.
The EU's foreign affairs chief Josep Borrell said on Monday that he was "personally" in favour of a "humanitarian pause" and that hostages "have to be released, obviously."
In parallel, the Israeli military continued shelling Gaza, and also announced on Monday an overnight raid into the Gaza Strip.
Since October 7, it has reported similar raids, sometimes with the goal of retrieving bodies of Israeli soldiers.
Mr Moran said: “The overwhelming feeling is that Israel will go in but how they will do that is a big question.
“They are going to have to do something. You cannot lead your troops to the top of the hill and march them down again without a very good reason,” Mr Moran, who is also associate senior research fellow at the Brussels-based Centre for European Policy Studies, told The National.
Skirmishes but little desire for regional war
A former French ambassador to Syria, Michel Duclos, said he expected Israel to hit Hamas hard enough to destroy its underground tunnel network while also avoiding "collateral damage".
This may entail a military incursion into a part of Gaza but not across the entire enclave, he said.
He pointed at fears in Lebanon of being sucked into a regional conflict that would destroy the already fragile country. "It's high-risk politics," Mr Duclos told The National.
Analysts believe most actors in the region do not want the conflict to escalate further.
There have been skirmishes between Israel and Lebanon's Iran-backed Hezbollah and the US said it intercepted missiles fired by Houthi militants in Yemen.
Israel has also bombed Syrian airports at Damascus and Aleppo in what was viewed widely as a warning to Iran to not get involved. In an act of deterrence, the Pentagon has also deployed two aircraft carriers in the past two weeks.
"Iran is showing its ability to make trouble but would have too much to lose with a regional war," said Syrian author Firas Kontar. "It cannot risk losing [ally and Syrian President] Bashar Al Assad."
High-level diplomatic contacts continue between western, Arab and Israeli officials and many hope that the possibility of a regional spillover will decrease if there is no full-scale Israeli ground operation in Gaza.
"Our diplomatic efforts alongside the US and the UN are designed to try to contain the conflict," said Mr Borrell at a press conference in Luxembourg. He warned that "at any moment, a spark might fly that would provoke a spread of the conflict."
Analysts have pointed at a the risk of a widening rift between the West, viewed as pro-Israeli, and the Arab world, where there is strong pro-Palestinian sentiment.
Mr Duclos expressed worry that the split will continue to grow.
"The dialogue between the Global South and the Global North needs to be extended to security issue," he said. "This misunderstanding cannot go on."
Confusion in Brussels
Europe has so far aligned itself with the US, which has traditionally the strongest diplomatic ties with Israel.
This approach has been criticised, including by EU staff, as European Commission's President Ursula von der Leyen has come under fire over her pro-Israeli approach.
The Commission also gave contradictory statements about cutting Palestinian aid after the Hamas attacks.
Mr Borrell has been trying "desperately to get back to a more even-handed approach", said Mr Moran, but the confusion has rendered Brussels' response more irrelevant than ever to Israel and Arab countries.
Many European leaders have visited Israel in recent weeks in a show of support, and France's President Emmanuel Macron is expected to arrive there on Tuesday. France is one of the few European countries that speaks directly to Hezbollah.
There have been no calls for a ceasefire, neither from the US nor from Brussels, unlike in past instances of violence in the Israel-Palestine conflict. In 2021, the EU called for a truce six days after an eruption of violence.
Calling for a "humanitarian pause" is "a less ambitious objective than a ceasefire", Mr Borrell told a press conference in Luxembourg.
"For the humanitarian aid to arrive there has to be an interruption of hostilities, otherwise the humanitarian aid also will be destroyed in the process," he said.
There is a feeling among EU diplomats that this time, Israel needs to be given the freedom to respond to the Hamas attacks as it sees fit.
Hans-Jakob Schindler, a former German diplomat and Middle East expert, said Berlin’s position was that “this is not the time to tell the Israelis what to do”.
“Of course, as many nations have said, there are basic rules of war,” he said.
But on “particularly doing this or that, I don’t think that the German government is going to get involved or should get involved. On what basis would you say ‘delay it by a day’?”.
It is not easy for the EU to be viewed as credible by either side while trying to balance strong support for Israel with calls to preserve Palestinian civilian life. "It's a real problem," said Mr Moran.
Annalena Baerbock, Germany’s Foreign Minister, said at a meeting with her EU counterparts lives that it was like trying to “square a circle”.
Company Profile
Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
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How to turn your property into a holiday home
- Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
- Research equivalent Airbnb homes in your location to ensure competitiveness.
- Post on all relevant platforms to reach the widest audience; whether you let personally or via an agency know your potential guest profile – aiming for the wrong demographic may leave your property empty.
- Factor in costs when working out if holiday letting is beneficial. The annual DCTM fee runs from Dh370 for a one-bedroom flat to Dh1,200. Tourism tax is Dh10-15 per bedroom, per night.
- Check your management company has a physical office, a valid DTCM licence and is licencing your property and paying tourism taxes. For transparency, regularly view your booking calendar.
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10 tips for entry-level job seekers
- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
- Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
- Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.
Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
A new relationship with the old country
Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates
The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:
ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.
ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.
ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.
ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.
IN WITNESS WHEREOF the undersigned have signed this Treaty.
DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.
Signed
Geoffrey Arthur Sheikh Zayed
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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AWARDS
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What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
The 12 Syrian entities delisted by UK
Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV
Defence review at a glance
• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”
• Prioritise a shift towards working with AI and autonomous systems
• Invest in the resilience of military space systems.
• Number of active reserves should be increased by 20%
• More F-35 fighter jets required in the next decade
• New “hybrid Navy” with AUKUS submarines and autonomous vessels
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
The%20specs%3A%202024%20Mercedes%20E200
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THE SPECS
Engine: 1.6-litre turbo
Transmission: six-speed automatic
Power: 165hp
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Squads
Australia: Finch (c), Agar, Behrendorff, Carey, Coulter-Nile, Lynn, McDermott, Maxwell, Short, Stanlake, Stoinis, Tye, Zampa
India: Kohli (c), Khaleel, Bumrah, Chahal, Dhawan, Shreyas, Karthik, Kuldeep, Bhuvneshwar, Pandey, Krunal, Pant, Rahul, Sundar, Umesh
MATCH INFO
Chelsea 0
Liverpool 2 (Mane 50', 54')
Red card: Andreas Christensen (Chelsea)
Man of the match: Sadio Mane (Liverpool)
SPECS
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
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Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
'Panga'
Directed by Ashwiny Iyer Tiwari
Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta
Rating: 3.5/5
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