Iran kept on the sidelines in Gaza conflict



Iran has been watching enviously as Arab rivals and Turkey dispatch foreign ministers on solidarity missions to Gaza, the besieged Palestinian enclave Tehran once valued as a loyal protectorate on Israel's front line.

Iran's top diplomat hopes to follow in their footsteps this weekend. But Ali Akbar Salehi is still waiting for permission to travel from Egypt, which controls the Rafah border crossing into southern Gaza. Cairo has already rejected his application, an Iranian conservative news website, Entekhab, reported on Tuesday.

If so, it is an embarrassing snub to Iran, although its regional influence has been eroded by the Arab Spring, its support for Bashar Al Assad's regime and western sanctions over its controversial nuclear programme.

Hamas astutely jumped the Iranian ship after the Arab uprisings and dismayed Tehran by sympathising with the rebellion against Mr Al Assad. Hamas then moved into the orbit of the mainstream Sunni Arab world, which was keen to lure it away from Shiite Iran.

"The changed dynamics of the region [have] made Iran irrelevant or of no use at this moment," Farideh Farhi, an Iran expert at the University of Hawaii, wrote on LobeLog, a foreign policy blog. All "eyes and pressures" are instead on Egypt's president Mohammed Morsi, who played a key role in last night's truce between Israel and Hamas.

When Israel launched its last devastating onslaught against the bottled-up enclave of 1.7 million Palestinians in Hamas-ruled Gaza four years ago Iran, despite being isolated internationally, took centre stage. The Islamic republic was the main link in an "axis of resistance" against Israel that included Syria, Hizbollah and Hamas.

This time, Ms Farhi wrote, "no one is asking for Tehran's help and few are blaming it for emboldening Hamas".

Four years ago, Israel portrayed its offensive against Hamas as a means to curb Iran's regional influence. At the time, Israel's president Shimon Peres declared Gaza must not become a "satellite of Iran". Mr Peres on Tuesday accused Iran of "trying to encourage" Hamas "to continue the shooting, the bombing, they are trying to send them arms".

The use by Hamas and Islamic Jihad of Iranian-engineered Fajr-5 rockets that have struck near Tel Aviv and Jerusalem has left Iran open to charges of stirring the conflict.

The head of Iran's powerful Revolutionary Guard, Gen Mohammad Ali Jafari, said yesterday that Tehran had supplied Gaza with the technology for the missiles to be "rapidly produced" there, but had not supplied any actual rocket hardware.

His remarks provided rare insight on Iran's weapons support for Gaza militants, a topic Tehran usually sidesteps but now seems proud to declare.

Even so, Meir Javedanfar, an Iranian-born lecturer at the Interdisciplinary Centre in Herzliya, Israel, said: "It's hard for Israel to make much of the Iranian angle this time around when Hamas has so clearly distanced itself from Tehran."

Scott Lucas, an Iran expert at Birmingham University in England, agreed: "There's no way Hamas is looking to Iran as a major backer now and I doubt Iran has played a major role in the development of the conflict."

Other observers said it was unlikely Iran would provide a pretext for war with Israel at a time when sanctions-strapped Tehran is gearing up for fresh nuclear negotiations with six world powers, including the United States.

Hamas, meanwhile, has also made clear it would not join a regional war on Iran's side, should Israel attack the Islamic republic's nuclear facilities. "It's made life a little more difficult for Israel because if Hamas were still very close to Iran it would be easier to isolate Hamas," Mr Javedanfar said.

Instead, newly elected governments in Egypt and Tunisia are supporting Hamas, as is Turkey, an erstwhile ally of Israel, and Qatar, a small but energy-rich country with big geopolitical ambitions.

Unlike Shiite Iran, Hamas's new friends are fellow Sunni Muslims, valued allies of Washington and rivals of Iran. All have been active diplomatically since Israel launched its aerial assault against Gaza last week, in contrast to Israel's last devastating war against Hamas four years ago when the Arab world largely failed to act.

Like Iran, Hizbollah has remained on the sidelines, pledging support for Hamas but showing no appetite to fire rockets at Israel.

Iran's supreme leader, Ayatollah Ali Khamenei, yesterday lambasted "governments of Islamic, and particularly Arab, countries in the region" for failing to deliver an appropriate response to the Gaza crisis. Some, he maintained, "have even not verbally condemned the Zionists".

mtheodoulou@thenational.ae

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The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

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Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
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How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

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if you go

The flights

Emirates have direct flights from Dubai to Glasgow from Dh3,115. Alternatively, if you want to see a bit of Edinburgh first, then you can fly there direct with Etihad from Abu Dhabi.

The hotel

Located in the heart of Mackintosh's Glasgow, the Dakota Deluxe is perhaps the most refined hotel anywhere in the city. Doubles from Dh850

 Events and tours

There are various Mackintosh specific events throughout 2018 – for more details and to see a map of his surviving designs see glasgowmackintosh.com

For walking tours focussing on the Glasgow Style, see the website of the Glasgow School of Art. 

More information

For ideas on planning a trip to Scotland, visit www.visitscotland.com

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