Palestinian President Mahmoud Abbas speaks during the 69th session of the United Nations General Assembly at United Nations headquarters in New York. EPA
Palestinian President Mahmoud Abbas speaks during the 69th session of the United Nations General Assembly at United Nations headquarters in New York. EPA
Palestinian President Mahmoud Abbas speaks during the 69th session of the United Nations General Assembly at United Nations headquarters in New York. EPA
Palestinian President Mahmoud Abbas speaks during the 69th session of the United Nations General Assembly at United Nations headquarters in New York. EPA

Why Mahmoud Abbas needs to seize the moment at the UN General Assembly


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Two years ago, Palestinian President Mahmoud Abbas called on the United Nations General Assembly to make 2017 the year to end the Israeli occupation. But as he prepares to take the stage again this week, the Palestinian position is weaker than ever.

Since that speech, an American president has entered the Oval Office who officials in Ramallah view as the most pro-Israeli leader they have ever encountered and a man who has further undercut Palestinians dreams of statehood. US President Donald Trump has embarked on what he has called a bid to seal the “ultimate deal” – an agreement to end the decades-long conflict – but the Palestinians have perceived his moves from January 2017 onwards as the ultimate betrayal.

No US peace plan has been pushed out, despite the White House saying it has been working intensively on one for the past 20 months. The US embassy now sits in West Jerusalem, not in Tel Aviv. Israeli settlement construction continues unchallenged in the occupied West Bank, the UN agency for Palestinian refugees now receives zero American funding, leaving it in crisis, and all public diplomatic contact between Washington and Ramallah has been severed.

The Palestinians are relying on the international community to help, but little is being done to stop unilateral American moves in favour of Israeli Prime Minister Benjamin Netanyahu and his right-wing government. That is why Mr Abbas' speech at the UN General Assembly this week should be the most important of his political career – but it likely won't be.

_________

UNGA 2018:

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The Palestine Liberation Organisation has confirmed to The National that Mr Abbas will be in attendance despite recent health problems. In his September 27 speech, he is expected to rail against Washington, reiterating the need for an alternative peace plan to what the Palestinians believe the US is putting together.

But he will return to Ramallah to meet with the Palestinian National Council, the PLO's legislative body, after the speech, where any response to the US will be decided upon. It means that few concrete steps will be announced in his address.

"You are not going to see many surprises to be honest with you, but it's going to be a very strong statement," a Palestinian official told The National.

The official noted that the content of Mr Abbas’ address could still change as “the last touches are made in New York a few hours before the speech”.

Palestinian Foreign Minister Riad Al Malki told Maan news agency that Mr Abbas’ outline would be similar to the proposals he put before the UN in February, where he advocated an “international coalition” to replace the US as the main broker in the conflict.

A provisional outline of what the PLO response will be to US and Israeli actions, seen by The National, confirms what Mr Al Malki says.

The standout decision is that the “State of Palestine” will join 22 specialised agencies of the UN that had previously been ruled “off-limits” because of US opposition and hopes of maintaining ties with Washington. The Palestinian official said Ramallah “had a dialogue” with the previous Obama administration so were “not in the business of surprising anyone” in Washington.

“With this administration there is no engagement, there is nothing. There is no incentive not to go to a particular organisation,” the official said, confirming the Palestinian accession to those organisations, which include the World Intellectual Property Organisation and the International Telecommunication Union.

Mr Abbas is also likely to declare that the Palestinians are no longer bound to the Oslo Accords signed in 1993, introducing measures that could range from suspending security co-operation with Israel to ending recognition of the West Bank’s division into areas A, B and C.

His speech will also call for greater UN protection for Palestinian civilians, reiterate the demand for an international conference on the conflict and formally dissolve the Palestinian Authority as defined under Oslo with a name change that would replace it with “the State of Palestine under occupation”.

Mr Trump and his team of advisers – son-in-law Jared Kushner and Middle East envoy Jason Greenblatt – appear to have attempted to remove the issues of Jerusalem and the Palestinian right of return from the table.

There is little in the planned Palestinian response about these two issues. But the Palestinian leadership has remained adamant that any solution to the conflict would require East Jerusalem as the capital of a Palestinian state, the Israeli settlements defined as illegal and resolving the issue of refugees displaced by the creation of Israel in 1948.

To that end, it has cut all ties with Washington and said the US can no longer be an impartial broker in the conflict.

A day before his speech, Mr Abbas has invited Middle East envoys, foreign ministers and UN diplomats – about 30 dignitaries in total – to a meeting on the sidelines of the General Assembly. He didn't invite any American representatives.

The meeting is an attempt to rally international figures around the Palestinian position as the crisis for Ramallah continues. The Palestinian Ambassador to the UN, Riyad Mansour, said it will address the “radical shift” in US policy towards the Palestinians under Mr Trump.

Observers say that many of the moves the Palestinians could announce at the summit have been heard before.

“Any announcements should of course be taken with a grain of salt. Much of the plan outlined has been threatened before, including in past UNGA speeches, and never carried out,” said Hugh Lovatt, Middle East and North Africa policy fellow at the European Council of Foreign Relations.

“That said, it would be wrong to entirely dismiss the putative plan. While much of this may prove merely symbolic for now, there is an unmistakable mood of anger and alienation within the Palestinian leadership caused by US policies, which is pushing them towards more disruptive strategies.”

The Palestinian leader has the annual disadvantage of speaking before Mr Netanyahu, who will have the chance to strike back during his address. The Israeli leader's speeches are usually dramatic, prop-filled affairs that capture headlines around the world.

On the other hand, Mr Abbas now has the ammunition to muster a verbal body blow to the Israeli government on the biggest stage before his Israeli rival has even uttered a word. What that will be, and whether he delivers it or not, remains to be seen. But, for the millions of Palestinians living under an Israeli occupation with US backing, he has nothing to lose.

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Director:Jason Orley

Stars:Jenny Slate, Charlie Day

Rating:4/5

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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 

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Game Of Thrones Season Seven: A Bluffers Guide

Want to sound on message about the biggest show on television without actually watching it? Best not to get locked into the labyrinthine tales of revenge and royalty: as Isaac Hempstead Wright put it, all you really need to know from now on is that there’s going to be a huge fight between humans and the armies of undead White Walkers.

The season ended with a dragon captured by the Night King blowing apart the huge wall of ice that separates the human world from its less appealing counterpart. Not that some of the humans in Westeros have been particularly appealing, either.

Anyway, the White Walkers are now free to cause any kind of havoc they wish, and as Liam Cunningham told us: “Westeros may be zombie land after the Night King has finished.” If the various human factions don’t put aside their differences in season 8, we could be looking at The Walking Dead: The Medieval Years

 

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MATCH INFO

Manchester City 3
Danilo (16'), Bernardo Silva (34'), Fernandinho (72')

Brighton & Hove Albion 1
Ulloa (20')

UAE currency: the story behind the money in your pockets
The Bio

Favourite place in UAE: Al Rams pearling village

What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft

Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans

Best time to swim in the sea: When there is enough light to see beneath the surface

Meydan race card

6.30pm: Maiden Dh 165,000 1,600m
7.05pm: Handicap Dh 185,000 2,000m
7.40pm: Maiden Dh 165,000 1,600m
8.15pm: Handicap Dh 190,000 1,400m
8.50pm: Handicap Dh 175,000 1,600m
9.25pm: Handicap Dh 175,000 1,200m
10pm: Handicap Dh 165,000 1,600m

MATCH INFO

Uefa Champions League, Group C
Liverpool v Red Star Belgrade
Anfield, Liverpool
Wednesday, 11pm (UAE)

 

MATCH INFO

Uefa Champions League quarter-final second leg:

Juventus 1 Ajax 2

Ajax advance 3-2 on aggregate

'Shakuntala Devi'

Starring: Vidya Balan, Sanya Malhotra

Director: Anu Menon

Rating: Three out of five stars

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Day 5, Abu Dhabi Test: At a glance

Moment of the day When Dilruwan Perera dismissed Yasir Shah to end Pakistan’s limp resistance, the Sri Lankans charged around the field with the fevered delirium of a side not used to winning. Trouble was, they had not. The delivery was deemed a no ball. Sri Lanka had a nervy wait, but it was merely a stay of execution for the beleaguered hosts.

Stat of the day – 5 Pakistan have lost all 10 wickets on the fifth day of a Test five times since the start of 2016. It is an alarming departure for a side who had apparently erased regular collapses from their resume. “The only thing I can say, it’s not a mitigating excuse at all, but that’s a young batting line up, obviously trying to find their way,” said Mickey Arthur, Pakistan’s coach.

The verdict Test matches in the UAE are known for speeding up on the last two days, but this was extreme. The first two innings of this Test took 11 sessions to complete. The remaining two were done in less than four. The nature of Pakistan’s capitulation at the end showed just how difficult the transition is going to be in the post Misbah-ul-Haq era.

Results

5pm: Warsan Lake – Maiden (PA) Dh80,000 (Turf) 2,200m; Winner: Dhaw Al Reef, Sam Hitchcott (jockey), Abdallah Al Hammadi (trainer) 

5.30pm: Al Quadra Lake – Maiden (PA) Dh80,000 (T) 1,600m; Winner: Mrouwah Al Gharbia, Sando Paiva, Abubakar Daud 

6pm: Hatta Lake – Handicap (PA) Dh80,000 (T) 1,600m; Winner: AF Yatroq, George Buckell, Ernst Oertel 

6.30pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 1,600m; Winner: Ashton Tourettes, Adries de Vries, Ibrahim Aseel 

7pm: Abu Dhabi Championship – Listed (PA) Dh180,000 (T) 1,600m; Winner: Bahar Muscat, Antonio Fresu, Ibrahim Al Hadhrami 

7.30pm: Zakher Lake – Rated Conditions (TB) Dh80,000 (T) 1,400m; Winner: Alfareeq, Dane O’Neill, Musabah Al Muhairi.  

TCL INFO

Teams:
Punjabi Legends 
Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan

Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
When December 14-17

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.”