Emergency workers clear the rubble after an Israeli strike on Beirut's southern suburbs. AP
Emergency workers clear the rubble after an Israeli strike on Beirut's southern suburbs. AP
Emergency workers clear the rubble after an Israeli strike on Beirut's southern suburbs. AP
Emergency workers clear the rubble after an Israeli strike on Beirut's southern suburbs. AP

Israel army says it attacked Hezbollah headquarters in Beirut


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Live updates: Follow the latest from Israel-Gaza

The Israeli army said on Friday it struck Hezbollah's central headquarters in Beirut's southern suburbs shortly after Israeli Prime Minister Benjamin Netanyahu vowed to continue striking the Iran-backed Lebanese group.

The army was checking if Hezbollah leader Hassan Nasrallah was hit in the strike, Israeli Army Radio reported.

“Moments ago, the [army] carried out a precise strike on the central headquarters of the Hezbollah terror organisation – that served as the epicentre of Hezbollah's terror,” army spokesman Rear Admiral Daniel Hagari said.

“Hezbollah's central headquarters was intentionally built under residential buildings in the heart of the Dahieh, in Beirut, as part of Hezbollah's strategy of using Lebanese people as human shields,” he said.

Lebanon's National News Agency reported a series of “violent” strikes by Israeli warplanes on the suburb.

The agency said six buildings have been completely destroyed in the strike and 10 teams from the Lebanese Red Cross arrived to the scene.

In a speech at the UN General Assembly on Friday, Mr Netanyahu said that his country will “continue degrading Hezbollah” until it achieves its goals along the Lebanon border, dampening hopes of a 21-day truce proposed by France and the US this week.

“Israel has every right to remove this threat and return our citizens to their home safely. And that’s exactly what we’re doing … we’ll continue degrading Hezbollah until all our objectives are met,” Mr Netanyahu told world leaders at the UN General Assembly.

Mr Netanyahu defended Israel's devastating response to Hama's October 7 attacks that killed more than 41,500 in the Palestinian enclave and devastated most of the Gaza Strip.

“Hamas has got to go” and would have no role in the-post war Gaza, he said as he vowed to fight until “total victory.” The Prime Minister said that Israeli forces have destroyed “90 per cent” of Hamas’ rockets and killed or captured half of its forces.

“I didn’t intend to come here this year. My country is at war fighting for its life,” He said. “But after I heard the lies and slanders levelled at my country by many of the speakers at this podium, I decided to come here and set the record straight.”

Mr Netanyahu threatened of striking Iran, if they strike Israel and blamed them for being behind many of the problems in the region.

Ahead of his speech, protesters gathered outside Netanyahu's hotel in New York to demand an end to the violence in Gaza and Lebanon.

Earlier on Friday, Mr Netanyahu said Israeli officials have met to discuss US proposals for a ceasefire in Lebanon and will continue talks in the coming days, just a day after his office and senior Israeli politicians rejected the prospect of a truce and vowed to press on with the offensive.

“Our teams met [on Thursday] to discuss the US initiative and how we can advance the shared goal of returning people safely to their homes [in northern Israel],” Mr Netanyahu said on X, before his address to the UN General Assembly on Friday. “We will continue those discussions in the coming days.”

More than 25 people had been killed in Lebanon since midnight, Lebanese Health Minister Firass Abiad told a press conference on Friday as Israeli strikes continued hitting the south of the country.

Confusion over the prospect of a ceasefire in Lebanon rose after countries including the US and France on Wednesday unveiled a proposal for a 21-day ceasefire that would pave the way for talks and a durable truce along the Israel-Lebanon border. Mr Netanyahu's office was quick to dismiss the announcement, saying fighting would continue in Lebanon. It denied reports Mr Netanyahu approved the start of talks to end the conflict with Hezbollah that has killed more than 700 people in Lebanon.

Israeli Foreign Minister Israel Katz, who is standing in for Mr Netanyahu while he attends the UNGA in New York, also denied there would be a ceasefire in Lebanon. Israel will fight against Hezbollah “with all its might until victory” and the return of displaced Israelis to their homes, Mr Katz said at the time.

Far-right ministers, members of Mr Netanyahu’s Likud party and municipal leaders condemned any suggestion of a pause in fighting, saying it would allow Hezbollah time to recover from weeks in which Israel increased attacks on the group. Mr Netanyahu's latest statement made no reference to the comments made by Israeli officials, including Mr Katz, rejecting the prospect of a ceasefire. The Prime Minister said there had been “a lot of misreporting around the US-led ceasefire initiative”.

“Israel shares the aims of the US-led initiative of enabling people along our northern border to return safely and securely to their homes,” the statement said. “Israel appreciates the US efforts in this regard because the US role is indispensable in advancing stability and security in the region.”

Israel and Lebanon cross-border strikes – in pictures

Israel is currently fighting on two fronts, in Gaza and Lebanon. On Thursday, Israel said it secured an $8.7 billion aid package from the US to support its military operations.

Israeli forces and Hezbollah have been engaged in almost daily exchanges of fire since the war in Gaza began on October 7. Tens of thousands of people on both sides of the border have fled their homes, with Israel declaring that an aim of the war was to ensure the return of displaced citizens to the north of the country.

Hezbollah has also fired rockets towards Israel, with the majority intercepted by the country's air defence systems. The Israeli military on Friday said 10 rockets were fired from Lebanon at Haifa, setting off sirens in the northern coastal city. Some of the rockets were intercepted, while others struck open areas, the military added.

But Israeli attacks in the past week have struck deeper into Lebanon, killing more than 700 people and hitting hundreds of targets, including in the capital Beirut.

A family of nine was killed in an Israeli strike on their three-storey home near Shebaa Farms, Lebanon's official news agency reported on Friday. The death toll from Thursday's strikes rose to at least 92, The National found, using figures released by the Lebanese Health Ministry's Public Health Emergency Operations Centre.

France opposes Lebanon “becoming a new Gaza”, President Emmanuel Macron told a joint news press conference with Canadian Prime Minister Justin Trudeau on Thursday, describing the number of casualties in Lebanon as “absolutely shocking” and expressed France’s solidarity with the Lebanese people.

Israel has vowed to intensify its bombardment of Lebanon in an effort to kill senior Hezbollah commanders, who it claims are hiding among civilians. Israel has made similar accusations about Hamas in Gaza, where more than 41,500 people have been killed, including more than 17,000 children. About 96,000 have been injured.

Israel's strikes and ground offensive in Gaza followed a Hamas-led attack on Israeli communities on October 7, in which about 1,200 people were killed and 240 abducted.

Three Palestinians were killed on Friday morning during Israeli shelling across the Gaza Strip, medical sources told local media. A man was killed in shelling on displaced people sheltering in Al Aqsa Martyrs hospital in Deir Al Balah. Two others were killed when Israeli forces bombed a house in the northern city of Jabalia.

The regional crisis also involves Iran-backed groups in Iraq, Syria and Yemen. Five Syrian soldiers were killed and one wounded on Friday in an Israeli strike on military sites in Kfar Yabus, near the border with Lebanon, Syrian state media reported.

The Israeli military said earlier that it intercepted and destroyed a ballistic missile fired by Yemen's Houthi rebels towards Tel Aviv. It was downed “outside the country’s borders”, but sirens sounded as shrapnel fell, the military added.

What is dialysis?

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.

It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

INFO
ICC T20 Rankings

1. India - 270 ranking points

 

2. England - 265 points

 

3. Pakistan - 261 points

 

4. South Africa - 253 points

 

5. Australia - 251 points 

 

6. New Zealand - 250 points

 

7. West Indies - 240 points

 

8. Bangladesh - 233 points

 

9. Sri Lanka - 230 points

 

10. Afghanistan - 226 points

 

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Our Time Has Come
Alyssa Ayres, Oxford University Press

LIVERPOOL SQUAD

Alisson Becker, Virgil van Dijk, Georginio Wijnaldum, James Milner, Naby Keita, Roberto Firmino, Sadio Mane, Mohamed Salah, Joe Gomez, Adrian, Jordan Henderson, Alex Oxlade-Chamberlain, Adam Lallana, Andy Lonergan, Xherdan Shaqiri, Andy Robertson, Divock Origi, Curtis Jones, Trent Alexander-Arnold, Neco Williams

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

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.”

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

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if you go

The flights

Etihad and Emirates fly direct from the UAE to Seoul from Dh3,775 return, including taxes

The package

Ski Safari offers a seven-night ski package to Korea, including five nights at the Dragon Valley Hotel in Yongpyong and two nights at Seoul CenterMark hotel, from £720 (Dh3,488) per person, including transfers, based on two travelling in January

The info

Visit www.gokorea.co.uk

The specs: 2018 Renault Megane

Price, base / as tested Dh52,900 / Dh59,200

Engine 1.6L in-line four-cylinder

Transmission Continuously variable transmission

Power 115hp @ 5,500rpm

Torque 156Nm @ 4,000rpm

Fuel economy, combined 6.6L / 100km

57%20Seconds
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The specs: 2018 Volkswagen Teramont

Price, base / as tested Dh137,000 / Dh189,950

Engine 3.6-litre V6

Gearbox Eight-speed automatic

Power 280hp @ 6,200rpm

Torque 360Nm @ 2,750rpm

Fuel economy, combined 11.7L / 100km

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

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The%20specs%3A%202024%20Panamera
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Countdown to Zero exhibition will show how disease can be beaten

Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a  month before Reaching the Last Mile.

Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.

 

About Okadoc

Date started: Okadoc, 2018

Founder/CEO: Fodhil Benturquia

Based: Dubai, UAE

Sector: Healthcare

Size: (employees/revenue) 40 staff; undisclosed revenues recording “double-digit” monthly growth

Funding stage: Series B fundraising round to conclude in February

Investors: Undisclosed

'Cheb%20Khaled'
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The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

The 100 Best Novels in Translation
Boyd Tonkin, Galileo Press

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

COMPANY%20PROFILE
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'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

Updated: September 27, 2024, 5:46 PM