A turreted former Roman Catholic girl's school in Jaffa is being transformed into an exclusive Soho House club. Around the corner, a historic former convent is now a five-star hotel. Across the street, the glittering towers of the Andromeda Hill luxury residences overlook the Mediterranean.
But farther down Yefet Street, working class Arab-Israelis of Jaffa's Ajami neighbourhood face a very different reality. With housing prices out of reach, discontent over the city's rapid transformation into a bastion for the ultra-wealthy is reaching a boiling point. The crisis has taken on nationalistic overtones, with some Arab residents accusing the government of trying to push them out.
“Ninety per cent of people here barely make a living, from hand to mouth, they don’t have enough to eat," said Jaffa resident Ibrahim Tartir. "For a young man looking to get married, it’s 5,000, 6,000 shekels ($1,800) for rent, not including water and electricity and the rest. How much does he earn? About 6,000 a month. How can he live?”
Jaffa, the historic port at the core of the greater Tel Aviv metropolis, is home to about 20,000 Arab residents, remnants of the Palestinian population that lived there before Israel's establishment in 1948. The district has undergone extensive gentrification in recent decades with government encouragement.
“We’re reaching a point where Arab people can’t buy houses unless they are very rich,” said Youssef Masharawi, a Jaffa native and professor of physical therapy at Tel Aviv University.
The stress is starting to reach breaking point.
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Farasan Boat: 128km Away from Anchorage
Director: Mowaffaq Alobaid
Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani
Rating: 4/5
UAE currency: the story behind the money in your pockets
A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
Available at Magrudy’s , Dh104
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The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
TO A LAND UNKNOWN
Director: Mahdi Fleifel
Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa
Rating: 4.5/5
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs