Live updates: Follow the latest on Israel-Gaza
Hamas has agreed in principle to an Egyptian proposal for a truce in Gaza of up to 30 days and the release of some of the hostages seized from Israel last year, sources told The National on Monday.
They said Hamas's initial agreement to the plan was delivered to Egyptian negotiators on Sunday, when senior leaders from the Palestinian militant group, Khalil Al Hayya and Zaher Jabareen, paid a lightning visit to Cairo.
The Hamas leaders also submitted a list of the hostages the group is planning to release as part of a swap with Israel for Palestinians held in Israeli prisons. The list includes captives who are US citizens or dual US-Israel citizens, the sources said. They did not say how many.
The sources said Hamas had started compiling a list of the estimated 100 hostages held by militants in Gaza, establishing their names, whereabouts, state of health and the number of those who had died while in captivity.
They said the headcount was a prelude to the release of some of the hostages under Egypt's proposed truce plan that includes the delivery of humanitarian assistance to Gaza and Israel's gradual withdrawal from a strip of land abutting the entire length of the enclave's border with Egypt, including the Rafah crossing, the only land exit from Gaza that is not controlled by Israel.
The development marks a change of heart by Hamas, which had in the past refused to entertain Israeli requests for information on the hostages.
According to Israel's military, about 40 of the 100 remaining hostages are dead.
Fighters from Hamas and allied groups took about 250 hostages back to Gaza during an attack on southern Israel in October last year, in which they killed 1,200 people. Most were released during a week-long truce in November last year or freed by Israeli forces during the relentless military campaign launched by Israel in Gaza in response to the attack.
Hamas wants Israel to free hundreds of Palestinians incarcerated in Israel on security-related charges in exchange for the hostages. They include high-profile figures from Hamas and other Palestinian factions.
There was no word immediately available from Hamas on the group's position on Egypt's truce proposal but the sources said Mr Al Hayya and Mr Jabareen on Sunday handed the Egyptian negotiators several amendments they would like to be adopted. They gave no details.
The sources also said Turkish officials have been in contact with their US and Israeli counterparts over plans to relocate senior Hamas officials and military commanders from Gaza to Turkey, where the group already has a sizeable presence. They said Israel had given assurances not to hunt down Hamas officials if they agree to leave Gaza and live in exile.
Hamas has previously rejected similar Israeli offers of safe passage out of the battered coastal strip, where Israel's military operations have to date killed more than 44,700 Palestinians and injured more than twice that number.
On Sunday, Qatar called for pressure to be applied on all sides to reach a ceasefire, saying the Israeli “bloodshed” against Palestinians must end now and without reservation.
“Pressure on both sides is necessary in any conflict,” said Majed Al Ansari, adviser to the Qatari Prime Minister and spokesman for the Ministry of Foreign Affairs. “You don't mediate between friends, you mediate between adversaries. You mediate between those who are aiming to basically either diminish each other or abolish each other. And this is what we are seeing right now in this country.”
Qatar's Prime Minister also struck an upbeat note on the prospects for a Gaza deal, saying momentum had returned to the talks after Donald Trump's election as US president last month, a shift from the previously held view that there would be no movement in the talks before the president-elect takes office next month.
“We have sensed, after the election, that the momentum is coming back,” Sheikh Mohammed bin Jassim, who is also his nation's Foreign Minister, told the Doha Forum for political dialogue on Saturday.
He said there had been “a lot of encouragement from the incoming administration in order to achieve a deal, even before the president comes to the office”.
He added: “We hope to get things done as soon as possible. We hope that the willingness of the parties to engage in good faith continues.”
Monster Hunter: World
Capcom
PlayStation 4, Xbox One
11 cabbie-recommended restaurants and dishes to try in Abu Dhabi
Iqbal Restaurant behind Wendy’s on Hamdan Street for the chicken karahi (Dh14)
Pathemari in Navy Gate for prawn biryani (from Dh12 to Dh35)
Abu Al Nasar near Abu Dhabi Mall, for biryani (from Dh12 to Dh20)
Bonna Annee at Navy Gate for Ethiopian food (the Bonna Annee special costs Dh42 and comes with a mix of six house stews – key wet, minchet abesh, kekel, meser be sega, tibs fir fir and shiro).
Al Habasha in Tanker Mai for Ethiopian food (tibs, a hearty stew with meat, is a popular dish; here it costs Dh36.75 for lamb and beef versions)
Himalayan Restaurant in Mussaffa for Nepalese (the momos and chowmein noodles are best-selling items, and go for between Dh14 and Dh20)
Makalu in Mussaffa for Nepalese (get the chicken curry or chicken fry for Dh11)
Al Shaheen Cafeteria near Guardian Towers for a quick morning bite, especially the egg sandwich in paratha (Dh3.50)
Pinky Food Restaurant in Tanker Mai for tilapia
Tasty Zone for Nepalese-style noodles (Dh15)
Ibrahimi for Pakistani food (a quarter chicken tikka with roti costs Dh16)
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Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
The biog
Name: Shamsa Hassan Safar
Nationality: Emirati
Education: Degree in emergency medical services at Higher Colleges of Technology
Favourite book: Between two hearts- Arabic novels
Favourite music: Mohammed Abdu and modern Arabic songs
Favourite way to spend time off: Family visits and spending time with friends
If you go
- The nearest international airport to the start of the Chuysky Trakt is in Novosibirsk. Emirates (www.emirates.com) offer codeshare flights with S7 Airlines (www.s7.ru) via Moscow for US$5,300 (Dh19,467) return including taxes. Cheaper flights are available on Flydubai and Air Astana or Aeroflot combination, flying via Astana in Kazakhstan or Moscow. Economy class tickets are available for US$650 (Dh2,400).
- The Double Tree by Hilton in Novosibirsk ( 7 383 2230100,) has double rooms from US$60 (Dh220). You can rent cabins at camp grounds or rooms in guesthouses in the towns for around US$25 (Dh90).
- The transport Minibuses run along the Chuysky Trakt but if you want to stop for sightseeing, hire a taxi from Gorno-Altaisk for about US$100 (Dh360) a day. Take a Russian phrasebook or download a translation app. Tour companies such as Altair-Tour ( 7 383 2125115 ) offer hiking and adventure packages.
What is a calorie?
A food calorie, or kilocalorie, is a measure of nutritional energy generated from what is consumed.
One calorie, is the amount of heat needed to raise the temperature of 1 kilogram of water by 1°C.
A kilocalorie represents a 1,000 true calories of energy.
Energy density figures are often quoted as calories per serving, with one gram of fat in food containing nine calories, and a gram of protein or carbohydrate providing about four.
Alcohol contains about seven calories a gram.
Rooney's club record
At Everton Appearances: 77; Goals: 17
At Manchester United Appearances: 559; Goals: 253
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.”
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The view from The National
Coming 2 America
Directed by: Craig Brewer
Starring: Eddie Murphy, Arsenio Hall, Jermaine Fowler, Leslie Jones
3/5 stars
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5