Israeli Prime Minister Benjamin Netanyahu, left, meets with Egyptian President Hosni Mubarak, right, in Sharm el-Sheik, Egypt, Monday, May 11, 2009. (AP Photo/Ben Curtis)
The Israeli prime minister Benjamin Netanyahu at a meeting last May with the Egyptian president Hosni Mubarak.

Israel: time is ripe for peace talks



CAIRO // Benjamin Netanyahu, the Israeli prime minister, said yesterday the "time is ripe" for renewing peace negotiations with the Palestinians before meeting the Egyptian president Hosni Mubarak in Cairo today, during which he plans to raise the issue. "I hope we have reached the time to renew the peace process," the Israeli newspaper Haaretz quoted Mr Netanyahu as telling diplomats gathered at the foreign ministry in Jerusalem. "The time for excuses is over. Now is the time for action."

Mr Netanyahu announced his visit to Cairo on Sunday, during the first anniversary of the Israeli incursion into the Gaza Strip. He said he had requested the meeting with Mr Mubarak after talks that Egypt's intelligence chief, Omar Suleiman, held in Israel last week. "I intend to continue this important dialogue," Mr Netanyahu said. Ahmed Aboul Gheit, Egypt's foreign minister, told a press conference in Cairo on Sunday: "We need a will from the Israeli side to put things in perspective concerning settlement, ie, a Palestinian state, which is an Egyptian, Arab, Palestinian and international demand on all the territories occupied in 1967.

"Some tell us why do you listen to him [Mr Netanyahu], just close the door and let him do what he's doing," continued Mr Aboul Gheit. "This is the easiest path, but it would lead to the loss of the Palestinian territories which he [Mr Netanyahu] considers to be perfect for him, as it allows him to build on Palestinian territories, impose his will on them, which would result in the loss of the Palestinian issue in the midst of the blind struggle among the Palestinian factions."

Israeli-Palestinian negotiations have been suspended for the past year. The president, Mahmoud Abbas, has said talks could resume only if Israel halts all settlement construction on land it captured in the 1967 Arab-Israeli war. He has rejected as insufficient a limited moratorium on new building in West Bank settlements that Mr Netanyahu imposed last month. "I can tell you generally that Mr Netanyahu will discuss the Israeli Palestinian file with President Mubarak and how Egypt can provide better atmosphere in order to renew negotiations," Amira Aron, head of the Egypt department in the Israeli foreign ministry, said in an interview.

"Obviously, we're giving great importance to the role Egypt is playing," she added, saying that the two leaders will also discuss "security and military issues and what's going on in Gaza and at the border". The "Shalit topic will be on the table," added Mrs Aron, referring to Gilad Shalit seized by Hamas during a raid into the Gaza Strip. Egypt and Germany are mediating a prisoner swap between Israel and Hamas under which the Islamist group, in charge of the territory, would release Sgt Shalit and Israel would free about 1,000 of the 11,000 Palestinians in its jails.

Two Gaza-based Hamas leaders, Mahmoud al Zahar and Khalil al Hayya, are today expected to travel to Syria via Egypt where they planned to discuss with Damascus-based Hamas leaders Israel's response to a proposed swap, a Hamas spokesman said. Officials familiar with the negotiations said Israel has ruled out releasing a handful of Palestinian militants serving life sentences for orchestrating lethal attacks.

Israel, the officials said, was also intent on barring between 100 and 120 Palestinian prisoners from returning to the occupied West Bank and wants them to be sent to Gaza or abroad. "At this stage there is no deal and it is not clear to me whether there will be one," a source present at Sunday's cabinet meeting quoted Mr Netanyahu as saying. The Israeli prime minister last visited Egypt in September, meeting Mr Mubarak in his residence in Heliopolis, Cairo, where the Israeli leader pledged to pursue talks with the Palestinians.

This is the third meeting between the two leaders, as Mr Netanyahu visited Mr Mubarak at the Red Sea resort of Sharm el-Sheikh in May. Egypt, which in 1979 became the first Arab country to sign a peace deal with Israel, has been an active mediator trying to resolve the conflict between Israelis and Palestinians, and between the rival Palestinian factions Hamas and Fatah. Mr Mubarak visited Israel only once, to attend the funeral of Yitzhak Rabin, the Israeli prime minister assassinated in 1995.

Email:nmagd@thenational.ae * With additional reporting by Reuters

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

WWE Super ShowDown results

Seth Rollins beat Baron Corbin to retain his WWE Universal title

Finn Balor defeated Andrade to stay WWE Intercontinental Championship

Shane McMahon defeated Roman Reigns

Lars Sullivan won by disqualification against Lucha House Party

Randy Orton beats Triple H

Braun Strowman beats Bobby Lashley

Kofi Kingston wins against Dolph Zigggler to retain the WWE World Heavyweight Championship

Mansoor Al Shehail won the 50-man Battle Royal

The Undertaker beat Goldberg

 

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

What is cyberbullying?

Cyberbullying or online bullying could take many forms such as sending unkind or rude messages to someone, socially isolating people from groups, sharing embarrassing pictures of them, or spreading rumors about them.

Cyberbullying can take place on various platforms such as messages, on social media, on group chats, or games.

Parents should watch out for behavioural changes in their children.

When children are being bullied they they may be feel embarrassed and isolated, so parents should watch out for signs of signs of depression and anxiety

COMPANY PROFILE


Company name: Clara
Started: 2019
Founders: Patrick Rogers, Lee McMahon, Arthur Guest, Ahmed Arif
Based: Dubai
Industry: LegalTech
Funding size: $4 million of seed financing
Investors: Wamda Capital, Shorooq Partners, Techstars, 500 Global, OTF, Venture Souq, Knuru Capital, Plug and Play and The LegalTech Fund

yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai 

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

Brahmastra: Part One - Shiva

Director: Ayan Mukerji

Stars: Ranbir Kapoor, Alia Bhatt and Amitabh Bachchan

Rating: 2/5

UAE athletes heading to Paris 2024

Equestrian
Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).
Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).

Cycling
Safia Al Sayegh (women's road race).

Swimming
Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics
Maryam Mohammed Al Farsi (women's 100 metres).

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

The biog

Name: Dhabia Khalifa AlQubaisi

Age: 23

How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman

Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs 

Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing

ALRAWABI SCHOOL FOR GIRLS

Creator: Tima Shomali

Starring: Tara Abboud, Kira Yaghnam, Tara Atalla

Rating: 4/5

Company profile

Name: Belong
Based: Dubai
Founders: Michael Askew and Matthew Gaziano
Sector: Technology
Total funding: $3.5 million from crowd funding and angel investors
Number of employees:
12

Company profile

Company name: FinFlx

Started: January 2021

Founders: Amr Yussif (co-founder and CEO), Mattieu Capelle (co-founder and CTO)

Based in: Dubai

Industry: FinTech

Funding size: $1.5m pre-seed

Investors: Venture capital - Y Combinator, 500 Global, Dubai Future District Fund, Fox Ventures, Vector Fintech. Also a number of angel investors

A QUIET PLACE

Starring: Lupita Nyong'o, Joseph Quinn, Djimon Hounsou

Director: Michael Sarnoski

Rating: 4/5

UAE athletes heading to Paris 2024

Equestrian
Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).


Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).


Cycling
Safia Al Sayegh (women's road race).

Swimming
Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics
Maryam Mohammed Al Farsi (women's 100 metres).

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Main camera: Triple 48MP main (f/1.78) + 12MP ultra-wide (f/2.2) + 12MP telephoto (f/2.8), 6x optical, 15x digital, Photonic Engine, Deep Fusion, Smart HDR 4, Portrait Lighting

Main camera video: 4K @ 24/25/30/60fps, full-HD @ 25/30/60fps, HD @ 30fps, slo-mo @ 120/240fps, ProRes (4K) @ 30fps; night, time lapse, cinematic, action modes; Dolby Vision, 4K HDR

Front camera: 12MP TrueDepth (f/1.9), Photonic Engine, Deep Fusion, Smart HDR 4, Portrait Lighting; Animoji, Memoji

Front camera video: 4K @ 24/25/30/60fps, full-HD @ 25/30/60fps, slo-mo @ 120/240fps, ProRes (4K) @ 30fps; night, time lapse, cinematic, action modes; Dolby Vision, 4K HDR

Battery: 4323mAh, up to 29h video, 25h streaming video, 95h audio; fast charge to 50% in 30min; MagSafe, Qi wireless charging

Connectivity: Wi-Fi, Bluetooth 5.3, NFC (Apple Pay)

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I/O: Lightning

Durability: IP68, dust/splash/water resistant up to 6m up to 30min

Cards: Dual eSIM / eSIM + eSIM (US models use eSIMs only)

Colours: Deep purple, gold, silver, space black

In the box: iPhone 14 Pro Max, USB-C-to-Lightning cable, one Apple sticker

Price: Dh4,699 / Dh5,099 / Dh5,949 / Dh6,799

MEDIEVIL (1998)

Developer: SCE Studio Cambridge
Publisher: Sony Computer Entertainment
Console: PlayStation, PlayStation 4 and 5
Rating: 3.5/5

The specs

Engine: 4.0-litre twin-turbo V8
Power: 680hp at 6,000rpm
Torque: 800Nm at 2,750-6,000rpm
Transmission: Rear-mounted eight-speed auto
Fuel consumption: 13.6L/100km
On sale: Orderbook open; deliveries start end of year
Price: From Dh970,000


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