TEL AVIV // For many Israelis, it is known as the main reason that Palestinian suicide bombers have stopped infiltrating their cities.
But for most Palestinians, the network of towering concrete walls, razor wire-tipped fences, trenches and gates that separates Israel from the occupied West Bank is a land-grab cutting deep into territory they want for their future state.
The barrier, the construction of which began in 2002, is perhaps the most controversial piece of architecture built in the Middle East in recent years. The structure, which surrounds 30 West Bank communities on at least three sides, has made it harder for tens of thousands of Palestinians to reach their farmland and their jobs, as well as attend schools and obtain medical care.
At an estimated cost of more than $3 billion (Dh11bn), or four per cent of Israel's annual budget, "it is Israel's biggest ever real-estate project in terms of investment," said the Israeli political analyst Neve Gordon. "On the one hand, it has carried out egregious violations of Palestinian basic rights. On the other hand, it is an effort to determine at least partially the future borders of a Palestinian state if there will be a two-state solution."
Israel claims that it is building the barrier for security reasons, mainly to stem Palestinian suicide bombings inside its recognised borders, and points to the dramatic decrease in such attacks since the start of construction.
"It has definitely helped us reduce terrorism. Just look at the pace of terror activity coming out of the West Bank in 2001, we had around 35 suicide attacks. In 2002, we had 53 suicide attacks. From 2002 onwards, it went downwards. In 2003, we had 26. It went down to one in 2008 and one in 2009," said Capt Arye Shalicar, an Israeli military spokesman.
Both Mr Gordon and Capt Shalicar point to other factors that have contributed to the decrease, including intensified Israeli military operations against militants in the West Bank, the drop in support among Palestinians for suicide attacks in recent years and stepped-up vigilance by the Palestinian Authority.
Regardless of the drop in suicide attacks, many Palestinians insist that political aims were no less a key factor in the decision to build the wall. A key illustration is that only 15 per cent of the project follows the Green Line, the internationally recognised boundary between the West Bank and Israel, while the rest is inside the occupied territory.
"The Israelis built the wall not for security but for land-grab purposes," said Saeb Erekat, a senior Palestinian official. "This and the general settlement issue make it impossible to proceed with negotiations."
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The Palestinian leadership claims the Green Line as the rightful border of their future state. The Palestinians also say that the part of the barrier being built in East Jerusalem is aimed at legitimising Israel's 1967 annexation of the area that they want as their future capital. Indeed, despite Israel's official insistence that the barrier is purely a security obstacle, several senior Israeli officials have said otherwise.
In March 2006, the then-acting prime minister, Ehud Olmert, said the "course of the fence… will be in line with the new course of the permanent border". Five months earlier, then justice minister Tzipi Livni, who later served as the foreign minister and today is the parliamentary opposition leader, said that the barrier would serve as "the future border of the state of Israel".
Israel's barrier plans suffered a blow in 2004 when the International Court of Justice, the main judicial organ of the United Nations, issued a non-binding ruling that the sections running inside the West Bank - including in and around East Jerusalem - are illegal under international law. The court, based in The Hague, called the barrier "tantamount to de facto annexation". The court's opinion "is very, very clear about considering the wall null and void," Mr Erekat said in an interview.
While Israel has rejected the decision, it has rerouted the barrier several times in response to its own high court rulings on appeals from human rights groups that Palestinians are cut off from vital farmland or services.
Almost two-thirds of the wall has been completed. A further eight per cent is under construction and the rest still in planning stages, according to the United Nations Office for the Co-ordination of Humanitarian Affairs, or OCHA. When the wall is finished, it will stretch some 707km, more than twice the length of the Green Line. That distance reflects Israel's desire to be well-positioned ahead of negotiating its future borders with a Palestinian state. On its western side, the barrier encloses the largest Jewish settlements in the West Bank that Israel plans to keep under any peace pact.
But according to figures compiled by the Foundation for Middle East Peace in Washington, it has also left 72 Jewish settlements - many of them among the most radical - on its eastern side, suggesting that Israel is prepared to evacuate those communities. They are home to 70,000 settlers, or 15 per cent of the West Bank's Jewish population. Once finished, the barrier would put some nine per cent of the West Bank, including East Jerusalem, on the Israeli side.
Ariel Sharon, the former right-wing Israeli prime minister who was known as the father of the Jewish settlement enterprise, is widely credited with launching the barrier. However, it was the centrist Labour party under then-prime minister Ehud Barak that in 2000 championed its construction from the West Bank's northern part to its centre to restrict Palestinian cars from crossing into Israel. That decision was partly in response to the start of the second Palestinian intifada in September of that year, which triggered a wave of Palestinian suicide bombings on public buses and in shopping centres within Israel's recognised territory.
Mr Sharon took over the plan's implementation after his Likud party came to power in 2001, presenting it publicly as a temporary security apparatus but in actuality using it as a political tool to seize Palestinian land and redraw Israel's international border, Mr Gordon said.
The sole positive effect of the barrier for the Palestinians appears to be that it has helped mobilise villages and other communities in a non-violent struggle of weapons-free protests - albeit with frequent stone-throwing - against its construction. Activists say the barrier has also spurred the emergence of an aggressive campaign by Palestinians and their regional and foreign supporters to trigger an economic, social and academic boycott of Israel.
"Israel has constructed a structure that has become a symbol and instrument of apartheid," said Mustafa Barghouti, a prominent Palestinian politician.
While Mr Barghouti claimed that non-violent resistance "has been growing in a powerful way," he conceded that its effects were limited without backing from the US, Britain and other western countries. "Non-violence alone will not work unless it is coupled with support from the international community."
foreign.desk@thenational.ae
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PROFILE
Name: Enhance Fitness
Year started: 2018
Based: UAE
Employees: 200
Amount raised: $3m
Investors: Global Ventures and angel investors
The%C2%A0specs%20
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Illegal%20shipments%20intercepted%20in%20Gulf%20region
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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.”
Company profile
Company: Verity
Date started: May 2021
Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif
Based: Dubai
Sector: FinTech
Size: four team members
Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000
Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors
Bawaal%20
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BLACK%20ADAM
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What is graphene?
Graphene is extracted from graphite and is made up of pure carbon.
It is 200 times more resistant than steel and five times lighter than aluminum.
It conducts electricity better than any other material at room temperature.
It is thought that graphene could boost the useful life of batteries by 10 per cent.
Graphene can also detect cancer cells in the early stages of the disease.
The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.
Greatest Royal Rumble results
John Cena pinned Triple H in a singles match
Cedric Alexander retained the WWE Cruiserweight title against Kalisto
Matt Hardy and Bray Wyatt win the Raw Tag Team titles against Cesaro and Sheamus
Jeff Hardy retained the United States title against Jinder Mahal
Bludgeon Brothers retain the SmackDown Tag Team titles against the Usos
Seth Rollins retains the Intercontinental title against The Miz, Finn Balor and Samoa Joe
AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out
The Undertaker beats Rusev in a casket match
Brock Lesnar retains the WWE Universal title against Roman Reigns in a steel cage match
Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last
'Nope'
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THE%20SPECS
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Specs
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Star%20Wars%3A%20Ahsoka%20
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Sholto Byrnes on Myanmar politics
The%20specs
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RECORD%20BREAKER
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What is Genes in Space?
Genes in Space is an annual competition first launched by the UAE Space Agency, The National and Boeing in 2015.
It challenges school pupils to design experiments to be conducted in space and it aims to encourage future talent for the UAE’s fledgling space industry. It is the first of its kind in the UAE and, as well as encouraging talent, it also aims to raise interest and awareness among the general population about space exploration.
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RESULTS
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My Country: A Syrian Memoir
Kassem Eid, Bloomsbury
Biography
Her family: She has four sons, aged 29, 27, 25 and 24 and is a grandmother-of-nine
Favourite book: Flashes of Thought by Sheikh Mohammed bin Rashid
Favourite drink: Water
Her hobbies: Reading and volunteer work
Favourite music: Classical music
Her motto: I don't wait, I initiate
Kandahar%20
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