Palestinian Tafiq al Halabi in his heavily damaged home by the rubble of the  estroyed home where eight members of the Al Hajj family were killed in a strike early morning in Khan Younis refugee camp, southern Gaza Strip on  July 10, 2014. Heidi Levine for The National
Palestinian Tafiq al Halabi in his heavily damaged home by the rubble of the estroyed home where eight members of the Al Hajj family were killed in a strike early morning in Khan Younis refugee camp,Show more

Rights group raps Israel ‘policy’ of bombing Gaza homes



JERUSALEM // Israel’s “unlawful policy” of launching airstrikes on Palestinian homes killed hundreds of civilians during last year’s Gaza war, said an Israeli rights group on Wednesday.

In a report examining 70 raids on residential buildings in the besieged Palestinian territory, B’Tselem said Israeli officials were responsible for civilian casualties during the 50-day conflict that killed nearly 2,200 Palestinians.

“A hallmark of the fighting in Gaza this summer was the numerous strikes on residential buildings, destroying them while their occupants were still inside,” the 49-page report said.

“These attacks were not carried out on the whim of individual soldiers, pilots or commanders in the field. They are the result of a policy formulated by government officials and the senior military command,” it said.

In the cases B’Tselem investigated, 606 people were killed, 70 per cent of whom were women, minors or the elderly.

The United Nations says civilians made up almost 70 per cent of the conflict’s Palestinian death toll.

The July-August conflict also killed 67 soldiers and six civilians from Israel.

By Tuesday, B’Tselem had not yet received a response from Prime Minister Benjamin Netanyahu’s office regarding the report, but the army rejected its allegations.

The group questioned Israel’s claims that it went out of its way during the conflict to respect international humanitarian law.

“You cannot say that the army didn’t know or couldn’t know how many civilians would get killed during those attacks,” B’Tselem’s head of research Yael Stein said.

“You can’t maybe [know] on the first day or the second day. But on the 10th day or the 20th day, when you see how many civilians are getting killed ... these attacks shouldn’t have happened,” she said.

B’Tselem demanded explanations for possible Israeli violations of international law – specifically in deciding whether a home constituted a legitimate military target, and whether its destruction gave a distinct military advantage outweighing collateral damage.

The army insisted it only hit legitimate military targets and blamed Gaza’s Islamist rulers Hamas for civilian casualties.

“The IDF [Israel Defence Forces] does not attack residential buildings,” it said in a statement.

“Attacks during the operation were only directed at residential buildings where they became legitimate military targets, or when a person constituting a legitimate military target was in the structure.

“The high number of ostensibly residential structures attacked point not to an illegal punitive policy of the IDF but rather to the widespread and systematic unlawful use made of such structures by the terror organisations in Gaza.”

Ms Stein said that “even if there was somebody from Hamas in the house ... the numbers of civilians killed in each incident is so high that it’s not a matter of whether it was a legitimate military target or not.”

She said more residential buildings had been bombed during this campaign than during the Gaza war in 2008-2009, the second deadliest after last summer’s war. In that conflict, she said, most of the cases were explained by the military.

The report criticised what it said were attempts to shirk responsibility for civilian deaths by solely blaming Hamas.

“It is true that Hamas and other organisations operating in the Gaza Strip do not abide by international humanitarian law,” the report said, referring to rocket fire at Israeli cities from densely populated civilian areas inside Gaza.

But insistence that Hamas was to blame for all civilian deaths in Gaza was an attempt to place “no restrictions whatsoever on Israeli action ... no matter how horrifying the consequences,” it said.

“This policy is unlawful through and through.”

* Agence France-Presse

Company%20Profile
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Gully Boy

Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi​​​​​​​
Rating: 4/5 stars

Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

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TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

THE BIG THREE

NOVAK DJOKOVIC
19 grand slam singles titles
Wimbledon: 5 (2011, 14, 15, 18, 19)
French Open: 2 (2016, 21)
US Open: 3 (2011, 15, 18)
Australian Open: 9 (2008, 11, 12, 13, 15, 16, 19, 20, 21)
Prize money: $150m

ROGER FEDERER
20 grand slam singles titles
Wimbledon: 8 (2003, 04, 05, 06, 07, 09, 12, 17)
French Open: 1 (2009)
US Open: 5 (2004, 05, 06, 07, 08)
Australian Open: 6 (2004, 06, 07, 10, 17, 18)
Prize money: $130m

RAFAEL NADAL
20 grand slam singles titles
Wimbledon: 2 (2008, 10)
French Open: 13 (2005, 06, 07, 08, 10, 11, 12, 13, 14, 17, 18, 19, 20)
US Open: 4 (2010, 13, 17, 19)
Australian Open: 1 (2009)
Prize money: $125m

COMPANY%20PROFILE
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Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Company%20Profile
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The%20specs
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The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
HEADLINE HERE
  • I would recommend writing out the text in the body 
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A%20QUIET%20PLACE
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Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5

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.”

Company%20Profile
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THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

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The biog

Age: 30

Position: Senior lab superintendent at Emirates Global Aluminium

Education: Bachelor of science in chemical engineering, post graduate degree in light metal reduction technology

Favourite part of job: The challenge, because it is challenging

Favourite quote: “Be the change you wish to see in the world,” Gandi

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BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

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