For the entirety of Palestinian photojournalist Mustafa Al Kharouf's 32-year life, he has been stateless. Now he is facing deportation from Jerusalem, the city his father was born in, to Jordan where he has no historical connection. Israel's Supreme Court will make the final decision but the case has highlighted the issue of press freedom and residency status for Palestinians in Jerusalem.
Mr Al Kharouf was born in Algiers to a Palestinian father from Jerusalem and an Algerian mother. Under Algerian law, however, his mother could not pass on citizenship to him and his five siblings. When Mr Al Kharouf was 12, the family moved back to Jerusalem and his father tried to apply for residency for the family. However, Israeli authorities told him he needed to prove that their centre of life was in Jerusalem for seven years before doing so, according to Adi Lustigman, a lawyer representing the Al Kharouf family with the Israeli NGO Hamoked.
When Mr Al Kharouf's father could finally apply, Israeli authorities denied the residency application, saying that he was by that point 18-years old and therefore too old to be included in the family's case.
Israel instead granted him a work visa, given his role as a photographer for the Turkish Andalou News Agency. A year later when he went to renew his visa, Mr Al Kharouf was denied on security grounds, said Ms Lustigman.
Israeli authorities cited photos that he had posted online of protests and accused him of being connected to Hamas, which he denied. Mr Al Kharouf had previously been arrested by Israeli authorities twice, though never charged for photographs from demonstrations that he had posted on Facebook.
Mr Al Kharouf's lawyers appealed but on the same day, the Israeli authorities arrested him claiming he was living and working in the holy city illegally. The case has since gone through several stages, with authorities refusing to release Mr Al Kharouf during the proceedings because of his alleged political ties.
He has denied any politics contacts with Hamas throughout the case. “I do not belong to any side,” he said in court, according to Israeli media. “I am a journalist. I do not write, I photograph... Let them give me a list of people with whom I cannot speak and publish it in all the newspapers.”
Now Mr Al Kharouf is waiting for a Supreme Court ruling, expected any day now, to make the final decision on whether he can stay or has to go. If he is deported to Jordan, authorities there will likely send him back – given that he is not a Jordanian national – and this will lead to another round of hearings, said Ms Lustigman.
Meanwhile, Mr Al Kharouf has a wife and young child in Jerusalem whose fates are also tied to his uncertain future.
"Expelling someone to a country with which they have no ties is a cruel punishment," said Sophie Anmuth, the head of Middle East desk at Reporters Without Borders, a media freedom organisation. "It seems likely that the real reason for wanting to deport Mustafa al Kharouf is linked to his work as a photographer and to his sharing photos on social networks. We call on the authorities to free him at once and to quickly give him residency papers."
Palestinian residents of Jerusalem make up about a third of the city's residents, but they are not citizens. They are allowed permanent residency that grants them many of the same rights as Israeli citizens, but also mandates that they remain living in Jerusalem to maintain it.
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PRISCILLA
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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.”
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
Company profile
Company: Eighty6
Date started: October 2021
Founders: Abdul Kader Saadi and Anwar Nusseibeh
Based: Dubai, UAE
Sector: Hospitality
Size: 25 employees
Funding stage: Pre-series A
Investment: $1 million
Investors: Seed funding, angel investors
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