Abdul Rahim Ghazali makes charity iftar meals in his kitchen in east Jerusalem at Damascus gate, June 19, 2016. Ahed Izhiman for The National
Abdul Rahim Ghazali makes charity iftar meals in his kitchen in east Jerusalem at Damascus gate, June 19, 2016. Ahed Izhiman for The National

Israel makes Ramadan a muted affair for Palestinians in Jerusalem



Jerusalem // As the second week of Ramadan drew to a close, Samih Salaymah took the 20-shekel bill his customer had handed him, raised it to his lips and kissed it. “My first sale of the day,” he explained.

Mr Salaymah mans a stall selling bread and sesame crackers close to Jerusalem’s Damascus Gate and business is very slow this Ramadan, a complaint repeated throughout East Jerusalem and in the walled Old City that houses Al Aqsa mosque, Islam’s third holiest site.

Israel has suspended the permits of 83,000 West Bank Palestinians who would have visited the city this Ramadan, a move regarded by Palestinians as a collective punishment. for last week’s attack by two Palestinian gunmen in Tel Aviv which left four Israelis dead. Although 53,000 West Bank Palestinians were allowed to attend prayers at Al Aqsa mosque on Friday, they were people who have permits for every Friday, even outside Ramadan, according to Hadar Horn, a spokeswoman for Israeli military administrators. The suspension of the 83,000 permits for Palestinians to visit relatives in Israel remains in force.

The dearth of West Bankers is keenly felt, both economically and emotionally.

Business at 120 stalls that sell toys, sweets, clothes and other wares in East Jerusalem is down by 80 per cent, according to Ka’id Razem, who heads a committee of stallholders. “Last year you’d see huge crowds in the Old City going to the mosque. Those people could not get here this year” he said, adding that 240 stall workers were affected, each of them with about ten dependants.

“There are no people, there’s no work,” said Mr Salaymah, 27. “In the regions of the West Bank, Jericho, Nablus, Jenin there is work, everywhere except here.” He is observing the fast and the tarawih — the additional Ramadan prayers — but frets about his finances not allowing him to observe in the proper manner. “I can’t make social visits because I would have to bring gifts and this year I can’t afford them. I can’t go empty-handed so I just don’t go, he said.”

In a crowded kitchen tucked away behind a bus station, Jerusalem resident Abdul Rahim Ghazali was busy overseeing the preparation of 300 iftar meals of chicken and rice to be distributed by the Zakat Al Quds Charity Committee. The daily free meals are sponsored by donations from the Emirates Red Crescent.

“Jerusalem is not the same because of the closure,” he said. “There is no festival atmosphere in Jerusalem.’’ But Ramadan is not just about that, he insisted. “I go to Aqsa for tarawih if I am strong and not tired. Ramadan is about a relationship between the worshipper and God, it is not linked to politics or changes. If they close Jerusalem or open it, the spirit between you and God stays as it is. It’s uplifting.’’

But at the nearby offices of Zakat Al Quds, the mood is decidedly downbeat. instead of distributing 1,500 iftar meals at Al Aqsa, numbers are so low this year that they are only preparing 200. Most of the people who the charity helps live outside Jerusalem in the West Bank, says the charity’s director, Hamza Al Qaissi. In previous years, they would have come to pick up their cash donations and food parcels themselves but this year they can’t. “There are many organisations in the West Bank working to help them but here in Jerusalem many donors like to give the donations to the needy by hand,” said Mr Al Qaissi. “In previous years we would bring the needy families here and call the donors to hand them the money. This has become impossible.”

People are also fearful of walking around the Old City, he added. Since last October, Damascus Gate area has been a flashpoint for the violence that has killed 207 Palestinians and 32 Israelis. The Israeli authorities say most of the Palestinians were killed while mounting stabbing attacks, while Palestinians accuse Israel of using unnecessary lethal force.

Marwan Hashlamoun, a retired printing worker from the Old City, said he was recently banned by police from entering Al Aqsa on the grounds he was a member of the murabitun, an organisation that opposes Israeli visits to the site, which is also revered by Jews as the Temple Mount. Police have outlawed the organisation, saying they fuel tensions there, but Mr Hashlamoun claims all he does at Al Aqsa is pray. “It’s an honour to be a murabit. By banning me the Israelis have awakened something in me. I think more about Al Aqsa, I read more about it. I read the Quran during Ramadan from the first word to the last word.”

For their part, Israeli officials insist their sole aim is to ensure prayer times run smoothly without disturbance.

Osama Zahadeh, a butcher in the old city, said his business is down by sixty per cent compared to last year’s Ramadan, a fact he blames on salaries failing to keep up with the cost of living. He says people are making fewer Ramadan banquets and he feels many will also be hard-pressed to provide Eidyat, the money gifts customarily given to mothers and wives on the Eid Al Fitr holiday at the end of Ramada. But the festival is not only about fasting and feasting, he added, but about families coming together. .

“The city is empty but Ramadan It has its own joy”.

foreign.desk@thenational.ae

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

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Favourite food: Fish and seafood

Favourite hobby: Socialising with friends

Favourite quote: You only get out what you put in!

Favourite country to visit: Italy

Favourite film: Lock Stock and Two Smoking Barrels.

Family: We all have one!

The five pillars of Islam
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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat

UAE currency: the story behind the money in your pockets
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Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

BACK TO ALEXANDRIA

Director: Tamer Ruggli

Starring: Nadine Labaki, Fanny Ardant

Rating: 3.5/5

MATCH INFO

Uefa Nations League

League A, Group 4
Spain v England, 10.45pm (UAE)

BLACKBERRY

Director: Matt Johnson

Stars: Jay Baruchel, Glenn Howerton, Matt Johnson

Rating: 4/5

Company profile

Company name: Xare 

Started: January 18, 2021 

Founders: Padmini Gupta, Milind Singh, Mandeep Singh 

Based: Dubai 

Sector: FinTech 

Funds Raised: $10 million 

Current number of staff: 28 

Investment stage: undisclosed

Investors: MS&AD Ventures, Middle East Venture Partners, Astra Amco, the Dubai International Financial Centre, Fintech Fund, 500 Startups, Khwarizmi Ventures, and Phoenician Funds

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Developer: Big Ape Productions
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Console: PlayStation 1 & 5, Sega Saturn
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Company profile

Name: Elggo
Started: August 2022
Founders: Luma Makari and Mirna Mneimneh
Based: Dubai, UAE
Sector: Education technology / health technology
Size: Four employees
Investment stage: Pre-seed

War

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SCORES IN BRIEF

Lahore Qalandars 186 for 4 in 19.4 overs
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HEY MERCEDES, WHAT CAN YOU DO FOR ME?

Mercedes-Benz's MBUX digital voice assistant, Hey Mercedes, allows users to set up commands for:

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There's also a hidden feature: pressing and holding the voice command button on the steering wheel activates the voice assistant on a connected smartphone – Siri on Apple's iOS or Google Assistant on Android – enabling a user to command the car even without Apple CarPlay or Android Auto

Company Profile

Name: Takestep
Started: March 2018
Founders: Mohamed Khashaba, Mohamed Abdallah, Mohamed Adel Wafiq and Ayman Taha
Based: Cairo, Egypt
Sector: health technology
Employees: 11 full time and 22 part time
Investment stage: pre-Series A

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

STAY, DAUGHTER

Author: Yasmin Azad

Publisher: Swift Press

Available: Now

Match info

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Tottenham Hotspur 2
Vertonghen (8'), Alli (18')

China and the UAE agree comprehensive strategic partnership

China and the UAE forged even closer links between the two countries during the landmark state visit after finalising a ten-point agreement on a range of issues, from international affairs to the economy and trade and renewable energy.

1. Politics: The two countries agreed to support each other on issues of security and to work together on regional and international challenges. The nations also confirmed that the number of high-level state visits between China and the UAE will increase.

2. Economy: The UAE offers its full support to China's Belt and Road Initiative, which will combine a land 'economic belt" and a "maritime silk road" that will link China with the Arabian Gulf as well as Southeast, South and Central China, North Africa and, eventually, Europe. 

3. Business and innovation: The two nations are committed to exploring new partnerships in sectors such as Artificial Intelligence, energy, the aviation and transport industries and have vowed to build economic co-operation through the UAE-China Business Committee.

4. Education, science and technology: The Partnership Programme between Arab countries in Science and Technology will encourage young Emirati scientists to conduct research in China, while the nations will work together on the peaceful use of nuclear energy, renewable energy and space projects. 

5. Renewable energy and water: The two countries will partner to develop renewable energy schemes and work to reduce climate change. The nations have also reiterated their support for the Abu Dhabi-based International Renewable Energy Agency.

6. Oil and gas: The UAE and China will work in partnership in the crude oil trade and the exploration and development of oil and natural gas resources.

7. Military and law enforcement and security fields: Joint training will take place between the Chinese and UAE armed forces, while the two nations will step up efforts to combat terrorism and organised crime. 

8. Culture and humanitarian issues: Joint cultural projects will be developed and partnerships will be cultivated on the preservation of heritage, contemporary art and tourism. 

9. Movement between countries: China and the UAE made clear their intent to encourage travel between the countries through a wide-ranging visa waiver agreement.

10. Implementing the strategic partnership: The Intergovernmental Co-operation Committee, established last year, will be used to ensure the objectives of the partnership are implemented.

 

 

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