Gaza's Islamist rulers are closer to the new government in Egypt than they could ever have been to Hosni Mubarak, but Cairo's support for Hamas is not guaranteed, report Bradley Hope and Hugh Naylor, Foreign Correspondents
CAIRO AND JERUSALEM // When Egypt provided a public platform last month for Ismail Haniyeh, the Hamas prime minister, it was seen as a more independent nation risking longtime ties with the United States and Israel to please its Islamist friends.
To many observers, Mr Haniyeh's speech at Al Azhar University in Cairo, declaring his support for Syrian rebels fighting to topple the regime of Bashar Al Assad, also signalled the break-up of the revolutionary axis stretching from Tehran to Gaza City, and a major shift in the politics of the Middle East.
That shift may indeed be under way, but Muslim Brotherhood officials suggest it could proceed far more haltingly and circuitously than first thought.
Khaled Al Qazzaz, the coordinator of foreign relations for the Freedom and Justice Party, the political arm of the Muslim Brotherhood, says Egypt will not take Hamas's side in the struggle among old rivals to form a unified Palestinian government.
"There were players in the previous regime that were biased towards one party," Mr Al Qazzaz said. "We will be a better mediator. We are collaborating with the different groups to help them have a unified voice."
Despite its ideological ties to Hamas, the Freedom and Justice Party will base its foreign relations decisions on Egypt's security, he said.
Hamas was founded in Gaza in 1987 as an offshoot of the Egyptian Muslim Brotherhood. "We are, of course, closer to Hamas because we are both parties with an Islamic reference and a similar political ideology," Mr Al Qazzaz said. "But when it comes to international politics, you have to take into consideration your own country's interest and other countries' interests."
Egypt, which shares a border with the Gaza Strip, has in the past isolated Hamas because of its ties to the Muslim Brotherhood.
Hosni Mubarak, Egypt's former president, actively helped Israel to impose the blockade on Gaza because of US pressure and because of his fear of Islamists. He was also one of the strongest supporters of Mahmoud Abbas, leader of Hamas's rivals Fatah.
But Egypt's position has steadily changed since the uprising last year that forced Mubarak to resign as president after nearly three decades of rule and set the country on a new democratic path. Moussa Abu Marzook, the deputy chairman of Hamas's political bureau, has been allowed to move to Cairo and the group has been given greater access to Egypt for meetings and speeches about the Palestinian cause.
Mr Haniyeh's speech at Al Azhar was an act of unprecedented activism on Egypt's territory that would have been unthinkable under Mubarak.
The success of the Freedom and Justice Party in the parliamentary elections - winning 47 per cent of the seats in the lower house and 59 per cent in the upper house - has been the major impetus to the changing relationship, said Samir Ghattas, the director of the Maqdis Centre for Political Studies in Gaza.
"Before and after the revolution, the file of the Palestinians has been in the hands of Egyptian intelligence," he said. "But the success of the Muslim Brotherhood in the elections has been the most important factor in the changes. Their political weight cannot be ignored."
Egypt's foreign policy is still in the hands of the Supreme Council of the Armed Forces (Scaf), which is in control of the cabinet during the transition to a new, elected government. That will change when a new constitution is drawn up in the coming months. There is a consensus among major political parties that parliament should have a greater role in foreign relations.
The Freedom and Justice Party's balanced approach to Palestine is already providing a serious test to Hamas's willingness to give up an armed struggle against Israel and reconcile with Fatah. The group appears to be hedging its alliances to avoid having to make concessions.
A top Hamas official told The National that Mr Haniyeh's speech was not meant to be a decisive break from the regime of Bashar Al Assad and that Hamas members had left Damascus because of the "security situation".
"He was only speaking about the right of the people," said Mahmoud Zahar, a prominent Hamas official. "But speaking about the people is totally different from supporting the opposition. We are not playing the game of meddling in Syria's internal affairs. People have understood Haniyeh's comments incorrectly - we are neutral."
He said Hamas was "not playing the game of switching from one axis to another, whether Iranian, Syrian or the Muslim Brotherhood", and the group was still receiving funding from Iran.
Mr Zahar's comments reflected the tensions within Hamas between Khaled Meshaal, the outgoing head of the political bureau who has sought to bring the group into the mainstream with concessions to Fatah and alliances with moderate-minded Islamist groups such as Egypt's Muslim Brotherhood, and the more hardline elements based in Gaza.
Those tensions spilt out again on Friday, when Mr Haniyeh blamed Egypt for Gaza's power crisis even after the Egyptian government said it would increase the supply of electricity and fuel.
"Is it reasonable that Gaza remains without electricity a year after the revolution in Egypt?" he said in his weekly address. "Is it reasonable that Gaza remains blockaded a year after the dismissal of the tyrant regime?"
In a particularly revealing comment about the changing regional dynamics, he said: "Some parties want to continue to pressure Gaza, Hamas and the government, believing they can get concessions. Neither electricity nor anything else will push Gaza's people to make any concession."
The Egyptian pressure on Hamas is for a moderate approach to dealing with Israel, according to Mamoun Abu Shahla, a Palestinian businessman in Gaza who played a central role in brokering the Hamas-Fatah reconciliation accord in May.
"The Brotherhood has been frank with Hamas and told them: 'You have to be reasonable and moderate, or else we will not support you. If you follow the policy of terror, we will break our relations with you'," he said. The Egyptian Muslim Brotherhood don't want to make enemies of the West and America, he said.
But some Israeli observers are sceptical of Egypt's moderating effect on Hamas unless it uses its power to force major changes on issues such as the recognition of Israel's right to exist, which Hamas refuses to accept.
"The question Israel is asking is how the improved ties with Egypt will translate into assistance for Hamas," said Ephraim Kam, deputy director of the Institute for National Security Studies in Tel Aviv. "Are they going to allow Hamas to smuggle arms into the Gaza Strip? What about militants in the Sinai?"
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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.”
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Elvis
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The stats: 2017 Jaguar XJ
Price, base / as tested Dh326,700 / Dh342,700
Engine 3.0L V6
Transmission Eight-speed automatic
Power 340hp @ 6,000pm
Torque 450Nm @ 3,500rpm
Fuel economy, combined 9.1L / 100km
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Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
Zidane's managerial achievements
La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
Killing of Qassem Suleimani
Last 10 winners of African Footballer of the Year
2006: Didier Drogba (Chelsea and Ivory Coast)
2007: Frederic Kanoute (Sevilla and Mali)
2008: Emmanuel Adebayor (Arsenal and Togo)
2009: Didier Drogba (Chelsea and Ivory Coast)
2010: Samuel Eto’o (Inter Milan and Cameroon)
2011: Yaya Toure (Manchester City and Ivory Coast)
2012: Yaya Toure (Manchester City and Ivory Coast)
2013: Yaya Toure (Manchester City and Ivory Coast)
2014: Yaya Toure (Manchester City and Ivory Coast)
2015: Pierre-Emerick Aubameyang (Borussia Dortmund and Gabon)
2016: Riyad Mahrez (Leicester City and Algeria)
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
UAE currency: the story behind the money in your pockets
Developer: Ubisoft Montreal / Ubisoft Toronto
Publisher: Ubisoft
Platforms: Playstation 4, Xbox One, Windows
Release Date: April 10
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UAE currency: the story behind the money in your pockets
'Brazen'
Director: Monika Mitchell
Starring: Alyssa Milano, Sam Page, Colleen Wheeler
Rating: 3/5
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Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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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
UAE currency: the story behind the money in your pockets
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
SANCTIONED
- Kirill Shamalov, Russia's youngest billionaire and previously married to Putin's daughter Katarina
- Petr Fradkov, head of recently sanctioned Promsvyazbank and son of former head of Russian Foreign Intelligence, the FSB.
- Denis Bortnikov, Deputy President of Russia's largest bank VTB. He is the son of Alexander Bortnikov, head of the FSB which was responsible for the poisoning of political activist Alexey Navalny in August 2020 with banned chemical agent novichok.
- Yury Slyusar, director of United Aircraft Corporation, a major aircraft manufacturer for the Russian military.
- Elena Aleksandrovna Georgieva, chair of the board of Novikombank, a state-owned defence conglomerate.
Teaching in coronavirus times
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
MATCH INFO
Day 2 at Mount Maunganui
England 353
Stokes 91, Denly 74, Southee 4-88
New Zealand 144-4
Williamson 51, S Curran 2-28