NAZARETH // The landmark reconciliation deal reached last week by the Palestinian factions Fatah and Hamas required compromises on both sides, but none more so than by the Islamist movement that rules the Gaza Strip.
Reflecting on the deal that brought their four-year rift to an end, Khaled Meshaal, the Damascus-based leader of Hamas, said afterward that his side had conceded autonomy on "how to manage the resistance".
The use of violence - along with negotiations with Israel, domestic governance and foreign affairs - will now require Fatah's approval, Mr Meshaal told The Wall Street Journal.
Mr Meshaal did not renounce violence altogether, although it is one of the conditions set by the United States, the European Union, Russia and the United Nations - the so-called Quartet - before it will deal with the Islamist movement.
Nevertheless, Mr Meshaal's grant to Fatah of a veto on armed actions is a recognition that, as he reportedly acknowledged in closed-door meetings, "we cannot do violence and you do non-violence".
He clarified in a later interview that he believed the Palestinians should "have resistance in all forms, armed and public ones" and that he would work to persuade Fatah of this approach. However, Mahmoud Abbas, Fatah's leader, is adamantly opposed to armed struggle.
Just as a change of government in Cairo forced Fatah to reconsider its political position, Hamas's mood of compromise resulted from the shifting fortunes of Syria.
With the sustained protests against Bashar al Assad's regime, the group lost the security of its base in Damascus, said Samir Awad, a politics professor at Bir Zeit University. Rumours now abound that it may move its headquarters to Cairo.
Another factor entering Hamas's political calculations was the plan by the Palestinian Authority president, Mr Abbas, to seek recognition of a Palestinian state at the United Nations in September. That move is opposed by Israel and the United States.
In the past few months, Mr Abbas and Benjamin Netanyahu, the Israeli prime minister, have furiously lobbied wavering foreign capitals, especially in Europe, over recognition. Despite pressure from Israel, the UK and France have indicated that they will back statehood unless Mr Netanyahu makes a serious effort to restart peace talks.
Prof Awad said the need for international backing to attain statehood had "taken the initiative from Hamas" and it was now "resigned to pursuing popular peaceful resistance". In agreeing to unity, he said, Hamas "got behind" Mr Abbas's statehood plan.
However, Hamas has opposed Salam Fayyad, whom Mr Abbas is keen to retain as prime minister in the interim government that will set the stage for the statehood drive and elections. It has reportedly accepted, however, a new draft by Egypt of a deal to secure the release of an Israeli soldier held by Hamas for five years.
A key issue is recognition of Israel. The Quartet has insisted that Hamas not only renounce violence but also recognise Israel. Hillary Clinton, the US secretary of state, said last week that Washington "cannot support" any Palestinian government that included Hamas unless it adopted the Quartet's demands.
At the reconciliation ceremony in Cairo last week, Mr Meshaal said the Palestinian factions had a "common national agenda" of "a Palestinian state in the 1967 lines with Jerusalem as its capital, without any settlements or settlers". Some read into that as tacit recognition of the state of Israel.
Plainly, there are still divisions in the Hamas leadership. Mahmoud Zahar, a senior official in Gaza, said last week that Hamas would never recognise Israel.
Haidar Eid, a professor at al Aqsa University in Gaza, said that Hamas, while ready to make major concessions on armed struggle and a two-state solution, still had red lines, especially over explicitly recognising Israel.
He said he thought last week's unity deal would "survive for a while because Hamas and Fatah have no other options". But he was sceptical that reconciliation could hold in the long term, as it became evident that winning an independent state in the occupied territories was impossible.
foreign.desk@thenational.ae
The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh132,000 (Countryman)
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
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Mia Man’s tips for fermentation
- Start with a simple recipe such as yogurt or sauerkraut
- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.
- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.
- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.
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
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.”
How the bonus system works
The two riders are among several riders in the UAE to receive the top payment of £10,000 under the Thank You Fund of £16 million (Dh80m), which was announced in conjunction with Deliveroo's £8 billion (Dh40bn) stock market listing earlier this year.
The £10,000 (Dh50,000) payment is made to those riders who have completed the highest number of orders in each market.
There are also riders who will receive payments of £1,000 (Dh5,000) and £500 (Dh2,500).
All riders who have worked with Deliveroo for at least one year and completed 2,000 orders will receive £200 (Dh1,000), the company said when it announced the scheme.
Dr Amal Khalid Alias revealed a recent case of a woman with daughters, who specifically wanted a boy.
A semen analysis of the father showed abnormal sperm so the couple required IVF.
Out of 21 eggs collected, six were unused leaving 15 suitable for IVF.
A specific procedure was used, called intracytoplasmic sperm injection where a single sperm cell is inserted into the egg.
On day three of the process, 14 embryos were biopsied for gender selection.
The next day, a pre-implantation genetic report revealed four normal male embryos, three female and seven abnormal samples.
Day five of the treatment saw two male embryos transferred to the patient.
The woman recorded a positive pregnancy test two weeks later.
High profile Al Shabab attacks
- 2010: A restaurant attack in Kampala Uganda kills 74 people watching a Fifa World Cup final football match.
- 2013: The Westgate shopping mall attack, 62 civilians, five Kenyan soldiers and four gunmen are killed.
- 2014: A series of bombings and shootings across Kenya sees scores of civilians killed.
- 2015: Four gunmen attack Garissa University College in northeastern Kenya and take over 700 students hostage, killing those who identified as Christian; 148 die and 79 more are injured.
- 2016: An attack on a Kenyan military base in El Adde Somalia kills 180 soldiers.
- 2017: A suicide truck bombing outside the Safari Hotel in Mogadishu kills 587 people and destroys several city blocks, making it the deadliest attack by the group and the worst in Somalia’s history.
UAE%20v%20West%20Indies
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