TEL AVIV // Israel yesterday named the team who will conduct an internal inquiry into its botched commando attack on a Gaza-bound aid ship two weeks ago, in which nine people died.
The investigation was welcomed by the United States, but immediately denounced by Palestinians and by Turkey as toothless and lacking credibility, despite the inclusion of two foreign observers.
Meanwhile Tony Blair, the international envoy to the Middle East, said Israel has indicated it will ease its crippling three-year-old blockade of Gaza within days. The former British prime minister spoke during a summit of European Union members in Luxembourg, during which the 27-member bloc demanded that Israel lift the "unacceptable and counterproductive" siege.
Mr Blair said Israel has agreed to allow more supplies into Gaza, including food and building materials, while maintaining a ban on arms, armaments and explosives. The major change is that a list of specifically banned goods will replace the current restrictive list of permitted items.
Israel said its inquiry panel will be headed by Jacob Turkel, a retired Israeli supreme court judge, and will include an Israeli international law expert and an ex-army general. David Trimble, the former First Minister of Northern Ireland and a Nobel peace laureate, and Ken Watkin, Canada's former chief military prosecutor, will observe the proceedings but will have no voting rights on the panel's proceedings or findings. Their access to some confidential documents is also likely to be restricted.
Israeli commentators said the panel was part of a deal with the US under which Israel would agree to loosen its restrictions on Gaza in exchange for backing from Barack Obama, the US president, for an internal and weak Israeli investigation into the aid ship attack.
Yaron Ezrahi, a political science professor at Hebrew University in Jerusalem, said: "The transaction is that Israel will go further than it was initially prepared to in order to lift the blockade on Gaza, without losing control over the import of war materials into the territory, and in return will have a commission with few powers."
An easing of Israel's siege is likely to divert attention from what appears to be a powerless investigation. The panel will look at the legality of the raid and examine whether the blockade conforms with international law, but it will not question the commandos, relying instead on summaries of the army's internal investigation.
The choice of Mr Turkel also appeared to be convenient for Israel's political echelon. The former judge told Israeli radio in an interview after the attack on the ship that he is not a believer in drawing conclusions about individuals in such inquiries, or dismissing those responsible for failure.
Furthermore, some Israeli commentators yesterday also questioned the speed and efficiency at which the commission will work, given the ages of its Israeli participants.
While Mr Turkel, at 75, is the youngest of them, he will be joined by Shabtai Rosen, a 93-year-old British-born professor and former diplomat, and Amos Horev, an 86-year-old retired army major general and a former president of an Israeli university.
The Israeli government also appeared to be in no hurry for the commission to launch its work, setting no deadline for it to publish its findings. Benjamin Netanyahu, the Israeli prime minister, insisted yesterday that the committee will give a "convincing and credible response" to the world.
Suggesting that Israel needed the panel in order to salvage its image, he told his right-wing Likud faction: "This committee strengthens our ability to fight in the international political arena. There is a certain price that we are paying, but under the current circumstances this is the best move."
The creation of the internal Israeli commission, however, drew condemnation from Palestinians and from Turkey.
Eyad Sarraj, a prominent Gaza-based commentator and psychiatrist, who is also a campaigner for Israel to end its three-year-old blockade of Gaza, said: "Israel should not investigate itself. You cannot commit the crime and then also be the policeman, the judge and the executioner. This inquiry is an American-supported cover-up for Israel to get away with carrying out this attack."
Mr Sarraj also claimed that Mr Trimble's presence makes the inquiry biased towards Israel because he is known to be close to Dore Gold, a confidant of Mr Netanyahu. Mr Trimble also last month became one of the prominent co-founders of the pro-Israel, Paris-based advocacy group "Friends of Israel" - which was established just one day after the Israeli raid on the aid flotilla.
Mahmoud Abbas, the president of the Palestinian Authority in the West Bank, said after a meeting in Paris with Nicolas Sarkozy, the French president, that the Israeli inquiry "does not correspond to the request of the United Nations security council" for an impartial and credible investigation.
Turkey also reacted angrily to the Israeli move, with Ahmet Davutoglu, the foreign minister, saying in Ankara: "Israel's one-sided inquiry is not of value to us. We want a commission to be set up under the control of the United Nations."
He threatened that Turkey may "take measures" in its relations with Israel should its demands not be heeded. Turkey, until now Israel's closest ally in the Muslim world, has already withdrawn its ambassador from Tel Aviv and cancelled military drills with Israel.
Yesterday, Turkish papers reported that the country had suspended talks with Israeli defence companies on a US$180 million (Dh660m) deal for unmanned aircraft.
In Gaza, Hamas dismissed the possibility that Israel may ease its blockade and condemned its announcement of an investigative panel. Fawzi Barhoum, a Hamas spokesman, said: "The international community should strive for a complete halt to the Gaza siege and not give Israel the opportunity to escape from its responsibility for the crimes it has committed."
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Chelsea 2
Willian (13'), Ross Barkley (64')
Liverpool 0
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Killing of Qassem Suleimani
England v South Africa schedule
- First Test: Starts Thursday, Lord's, 2pm (UAE)
- Second Test: July 14-18, Trent Bridge, Nottingham, 2pm
- Third Test: The Oval, London, July 27-31, 2pm
- Fourth Test: Old Trafford, Manchester, August 4-8
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
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Company%20Profile
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How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
More coverage from the Future Forum
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Company%20Profile
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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.”
Andor
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Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5