We are humans as well, says released Palestinian detainee Israa Al Jaabis


Willy Lowry
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Israa Al Jaabis sits in a chair in the shade of a large tree in the courtyard of her parents’ hillside home in the Jabal Al Mukaber neighbourhood of East Jerusalem.

A smile spreads across her scarred face as she greets a friend, one of dozens who have visited since she was released from an Israeli jail late Saturday night.

Arguably one of the most prominent Palestinians imprisoned in Israel, Ms Al Jaabi's release was welcomed by many in her community.

Israeli police, however, prevented any celebration of her release with officers dispersing a crowd that had gathered outside her parents' home in anticipation of her return.

“I’m saddened that my family had to experience that,” Ms Al Jaabis told The National.

She was part of the second batch of Palestinian prisoners released by Israel as part of a deal with Hamas, that will see the militant group free 50 hostages it kidnapped on October 7 in exchange for the release of 150 Palestinians held in Israeli jails and a four-day pause in fighting.

Ms Al Jaabis only heard about the exchange a few days ago, she said. She was hoping she would be among the first group released.

“I felt like the prison administration didn’t want me to get out,” she said.

Israel’s National Security Minister Itamar Ben Gvir has instructed police to shut down any celebrations for Palestinians released from Jail.

“My instructions are clear: there are to be no expressions of joy,” Mr Gvir said before the prisoners' release.

Israa Al Jaabis surveys all that has changed in her parents' courtyard since she went to prison nearly eight years ago. Willy Lowry / The National
Israa Al Jaabis surveys all that has changed in her parents' courtyard since she went to prison nearly eight years ago. Willy Lowry / The National

Ms Al Jaabis said Palestinians also have a right to celebrate.

“You want to meet your kids who were held hostage when they get to Tel Aviv, you want to hug them and have parties for them, OK do it,” Ms Al Jaabis said. “But as you are human, we are humans as well.”

In 2015 Ms Al Jaabis was arrested after a gas canister detonated inside her car injuring an Israeli police officer and leaving her with third degree burns across 65 per cent of her body, including on her face and hands.

They used to treat me poorly and in an inhumane way
Israa Al Jaabis,
released Palestinian prisoner

She was sentenced to 11 years in jail for an attempted suicide bombing, a charge she denies.

During the course of her imprisonment, Ms Al Jaabis accused Israel of denying her proper medical treatment and became a powerful symbol for the plight of thousands of Palestinians in Israeli jails.

“They rejected my treatment,” she said. “They used to treat me poorly and in an inhumane way.”

While the 39 year-old mother is deeply relieved to be free and reunited with her son Mutasim, who was just eight years-old when she went to prison, she is cognisant of all the time that she has missed.

“When I left he was just a boy, now he is a teenager, with hair on his legs and body. He is almost a man,” she said.

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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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Dubai Creek Open in numbers
  • The Dubai Creek Open is the 10th tournament on this year's Mena Tour
  • It is the first of five events before the season-concluding Mena Tour Championship
  • This week's field comprises 120 players, 21 of which are amateurs
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Updated: November 27, 2023, 8:33 AM