Israel reopens Al Aqsa mosque, but Muslims refuse to enter



The Al Aqsa mosque compound in Jerusalem reopened on Sunday after being closed following a deadly attack, but some Muslims were refusing to enter because of new Israeli security measures, including metal detectors and cameras.

Crowds chanted "Allahu akbar" as a number of initial visitors entered Jerusalem's Haram Al Sharif compound, known to Muslims as the Noble Sanctuary and to the Jews as the Temple Mount. The flashpoint holy site includes the Al Aqsa mosque and the golden Dome of the Rock.

On Friday, three Arab-Israeli gunmen shot dead two Israeli policemen on the outskirts of the site, holy to Muslims and Jews, before fleeing to the compound. They were later killed by security forces in one of the most serious attacks in the area in years.

Israeli authorities said they had come from the flashpoint holy site to commit the attack.

"We reject the changes imposed by the Israeli government," Sheikh Omar Kiswani, Al Aqsa director, told reporters outside the site where midday Muslim prayers were held on Sunday. "We will not enter through these metal detectors."

Some women wailed and cried while telling people not to enter.

Waheeb Liftawi, 52, prayed inside Al Aqsa at midday without knowing of the calls to remain outside. During prayers later in the afternoon, however, he prayed outside.

"These things should not be put in front of a place of worship, a mosque," he said. "This is why we refuse this or this will become the status quo."

Later in the day, a funeral procession sought to enter with a coffin but was not allowed through.

Israel took the highly unusual decision to close the Al Aqsa mosque compound for Friday prayers, triggering anger from Muslims and Jordan, the holy site's custodian.

The site remained closed on Saturday, while parts of Jerusalem's Old City were also under lockdown.

Israeli authorities said the closure was necessary to carry out security checks and announced it would reopen the compound on Sunday.

Two of the nine gates to the site were back in operation on Sunday — equipped with metal detectors — in what Israel described as a gradual reopening.

The Haram Al Sharif is central to the Israeli-Palestinian conflict, with Palestinians fearing Israel may one day seek to assert further control over it.

It is located in east Jerusalem, occupied by Israel in 1967 and later annexed in a move never recognised by the international community.

The sacred site is the third-holiest in Islam and the most sacred for Jews.

The site has proved a tinderbox in the Israeli-Palestinian conflict in the past. Under the status quo agreement, which prime minister Benjamin Netanyahu pledged on Saturday to continue to uphold, Jews are allowed to enter the compound under close supervision, but only Muslims are permitted to worship there.

Leaders of the Muslim religious trust that runs the site urged worshippers not to pass through the metal detectors, describing them as a violation of a delicate status quo with Israel and held a prayer service next to the devices instead.

Several Palestinians ignored the call, while at the second entrance more people headed into the compound. Police said 200 people had entered some 90 minutes after the reopening.

Palestinians want East Jerusalem as the capital of a state they seek in the occupied West Bank and the Gaza Strip. Israel views all of Jerusalem as its capital, a claim that has not won international recognition.

In a move promoted by an ultranationalist political party, an Israeli cabinet forum on Sunday approved a bill that would require any territorial handovers in East Jerusalem to be ratified by at least 80 of parliament's 120 members.

Legal analysts noted, however, that if the law is adopted by parliament — where it now goes for a series of votes — it can be overturned in the future by a majority of 61 legislators.

Results

2pm: Maiden (PA) Dh 40,000 (Dirt) 1,200m, Winner: AF Thayer, Tadhg O’Shea (jockey), Ernst Oertel (trainer).

2.30pm: Maiden (PA) Dh 40,000 (D) 1,200m, Winner: AF Sahwa, Nathan Crosse, Mohamed Ramadan.

3pm: Handicap (PA) Dh 40,000 (D) 1,000m, Winner: AF Thobor, Szczepan Mazur, Ernst Oertel.

3.30pm: Handicap (PA) Dh 40,000 (D) 2,000m, Winner: AF Mezmar, Szczepan Mazur, Ernst Oertel.

4pm: Sheikh Hamdan bin Rashid Al Maktoum Cup presented by Longines (TB) Dh 200,000 (D) 1,700m, Winner: Galvanize, Nathan Cross, Doug Watson.

4.30pm: Handicap (PA) Dh 40,000 (D) 1,700m, Winner: Ajaj, Bernardo Pinheiro, Mohamed Daggash.

The results of the first round are as follows:

Qais Saied (Independent): 18.4 per cent

Nabil Karoui (Qalb Tounes): 15.58 per cent

Abdelfattah Mourou (Ennahdha party): 12.88 per cent

Abdelkarim Zbidi (two-time defence minister backed by Nidaa Tounes party): 10.7 per cent

Youssef Chahed (former prime minister, leader of Long Live Tunisia): 7.3 per cent

RESULTS

Welterweight

Tohir Zhuraev (TJK) beat Mostafa Radi (PAL)

(Unanimous points decision)

Catchweight 75kg

Anas Siraj Mounir (MAR) beat Leandro Martins (BRA)

(Second round knockout)

Flyweight (female)

Manon Fiorot (FRA) beat Corinne Laframboise (CAN)

(RSC in third round)

Featherweight

Bogdan Kirilenko (UZB) beat Ahmed Al Darmaki

(Disqualification)

Lightweight

Izzedine Al Derabani (JOR) beat Rey Nacionales (PHI)

(Unanimous points)

Featherweight

Yousef Al Housani (UAE) beat Mohamed Fargan (IND)

(TKO first round)

Catchweight 69kg

Jung Han-gook (KOR) beat Max Lima (BRA)

(First round submission by foot-lock)

Catchweight 71kg

Usman Nurmogamedov (RUS) beat Jerry Kvarnstrom (FIN)

(TKO round 1).

Featherweight title (5 rounds)

Lee Do-gyeom (KOR) v Alexandru Chitoran (ROU)

(TKO round 1).

Lightweight title (5 rounds)

Bruno Machado (BRA) beat Mike Santiago (USA)

(RSC round 2).

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

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.”

COMPANY PROFILE

Name: Kinetic 7
Started: 2018
Founder: Rick Parish
Based: Abu Dhabi, UAE
Industry: Clean cooking
Funding: $10 million
Investors: Self-funded

TOP 10 MOST POLLUTED CITIES

1. Bhiwadi, India
2. Ghaziabad, India
3. Hotan, China
4. Delhi, India
5. Jaunpur, India
6. Faisalabad, Pakistan
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8. Bahawalpur, Pakistan
9. Peshawar, Pakistan
10. Bagpat, India

Source: IQAir