A fire rages in the Rafah camp hit by an Israeli air strike. Women and children were among those killed. Reuters
A fire rages in the Rafah camp hit by an Israeli air strike. Women and children were among those killed. Reuters
A fire rages in the Rafah camp hit by an Israeli air strike. Women and children were among those killed. Reuters
A fire rages in the Rafah camp hit by an Israeli air strike. Women and children were among those killed. Reuters

Women and children among 45 Palestinians killed by Israeli strike on Rafah refugee camp


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At least 45 Palestinians were killed in an overnight Israeli strike on a refugee camp in Rafah, two days after the International Court of Justice ordered Israel to halt its operations in the southern Gaza city.

The attack hit a camp for displaced people in north-west Rafah, a site that is in a designated humanitarian safe zone, Gaza civil defence and Palestinian authorities said.

Women and children were among those killed. Several people were injured in the strike.

"We are facing difficulties reaching the wounded," civil defence workers said.

At least 45 Palestinians, including at least 23 women, children and elderly people, were killed in the attack, the Palestinian health ministry said. The death toll came from the health ministry, which also said that 249 people were wounded in the strike.

The toll is expected to rise as search efforts continue in the Tal Al Sultan neighbourhood, about 2km north-west of the city centre, a Palestine Red Crescent Society representative said. It remains to be seen how many of those wounded will receive treatment - particularly for burns - as most health facilities in Gaza are either destroyed or operating at massively reduced capacity.

Camp residents recounted the horror.

"We were sitting and preparing to pray when suddenly shrapnel hit my son’s head and killed him immediately," Umm Mohammed Zidan told The National.

Her daughter was injured in the attack.

"When the shelling started and light was everywhere, everyone around me fled," she said. "I was looking for my son and found him beside me, covered in blood."

"They asked us to leave for a safe place, but then they targeted the safe place. Where should we go?"

The family had fled from Jabalia camp to Deir Al Balah then to the southern city of Rafah.

Following the attack, Rawihi Saeed is planning to leave his tenet, which is close to where the attack took place. However, he has no place to go.

What we witnessed yesterday can't be described," he told The National. "The children were beheaded, and the world is silent. If the photos of the Rafah massacre didn't move the Arab world, then let them continue their sleep."

  • People inspect destroyed vehicles following deadly overnight Israeli bombardments of Rafah in the southern Gaza Strip. AFP
    People inspect destroyed vehicles following deadly overnight Israeli bombardments of Rafah in the southern Gaza Strip. AFP
  • A man stands in the rubble of a building hit by overnight Israeli air strikes in Rafah, where more than a million Palestinians have sought shelter. AFP
    A man stands in the rubble of a building hit by overnight Israeli air strikes in Rafah, where more than a million Palestinians have sought shelter. AFP
  • A building destroyed by overnight Israeli strikes on Rafah. AFP
    A building destroyed by overnight Israeli strikes on Rafah. AFP
  • The heavy bombardment caused widespread panic in Rafah because many people were asleep. Some feared Israel had begun its anticipated ground offensive on the city. Reuters
    The heavy bombardment caused widespread panic in Rafah because many people were asleep. Some feared Israel had begun its anticipated ground offensive on the city. Reuters
  • A building destroyed by overnight Israeli strikes on Rafah. AP
    A building destroyed by overnight Israeli strikes on Rafah. AP
  • Displaced Palestinians inspect the remains of their shelters at the Rafah refugee camp following overnight Israeli strikes. AFP
    Displaced Palestinians inspect the remains of their shelters at the Rafah refugee camp following overnight Israeli strikes. AFP
  • Shelters erected outside a damaged apartment building in the Rafah refugee camp, where food, water and medicine are becoming increasingly scarce. AFP
    Shelters erected outside a damaged apartment building in the Rafah refugee camp, where food, water and medicine are becoming increasingly scarce. AFP
  • An injured boy inside a building damaged by overnight Israeli strikes on Rafah. AFP
    An injured boy inside a building damaged by overnight Israeli strikes on Rafah. AFP
  • A woman and a man embrace a crying girl at Al Najjar Hospital in Rafah as they mourn relatives killed during the overnight bombardment. AFP
    A woman and a man embrace a crying girl at Al Najjar Hospital in Rafah as they mourn relatives killed during the overnight bombardment. AFP
  • A mourner cries as the dead bodies of victims are received in Rafah, where hospitals say their morgues are full. Getty Images
    A mourner cries as the dead bodies of victims are received in Rafah, where hospitals say their morgues are full. Getty Images

'Precise strike'

The Israeli military said it carried out a strike on a Hamas compound in Rafah. But it said it was reviewing the incident after reports that the attack caused a fire and that civilians were harmed.

"An [Israeli] aircraft struck a Hamas compound in Rafah in which significant Hamas terrorists were operating," the military said.

"The strike was carried out against legitimate targets under international law, using precise munitions and on the basis of precise intelligence that indicated Hamas's use of the area."

Prior to Israel's ground operation in Rafah, the town hosted as many as 1.3 million Palestinians who were trying to escape fighting elsewhere in the enclave. Rafah had a pre-war population of around 300,000.

The latest bloodshed has added weight to diplomatic statements from countries around the world warning that fighting in such a densely populated area would lead to unacceptable loss of life.

"The images from last night are testament to how Rafah has turned into hell on earth. It has been extremely difficult to establish contact with our UNWRA teams in Rafah today. Some of our staff are unaccounted for," said Philippe Lazzarini, Commissioner-General of UNWRA, the UN's Palestinian refugee agency.

The attack on the camp came after Israel said on Sunday that Hamas fired at least eight rockets towards central areas of the country from Rafah. The rockets were fired towards Tel Aviv, the first time in months that the city had been the target of a Hamas attack.

No injuries or deaths were reported.

Israel began its bombardment of the Gaza Strip after Hamas fighters attacked Israel on October 7, killing about 1,200 people. About 36,000 Palestinians have been killed in Gaza since then, health authorities in the enclave said.

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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.”

Updated: May 28, 2024, 6:21 AM