Live updates: Follow the latest news on Israel-Gaza
A vote on a UN Security Council resolution calling for a halt to hostilities to enable the entry of critical assistance to civilians in the Gaza Strip was postponed again on Tuesday, as member states wrangled over wording while aid efforts in the enclave neared collapse.
The vote was first postponed from Monday to Tuesday and has pushed back again until Wednesday.
“We’re still working through the modalities of the resolution,” US National Security Council spokesman John Kirby said on Tuesday afternoon.
“It's important for us that the rest of the world understand what’s at stake here and what Hamas did on the 7th of October and how Israel has a right to defend itself against those threats.”
The vote was cancelled as the US asked for more time.
Negotiations were ongoing in an effort to get US President Joe Biden's administration to abstain or vote in favour of the resolution.
The UAE’s draft resolution calls for the urgent suspension of hostilities to allow safe and unhindered humanitarian access to Gaza and for urgent steps towards a sustainable cessation of hostilities.
It requests that Israel and Hamas allow aid access to the Gaza Strip – via land, sea and air routes – and set up a UN monitoring mechanism to deliver humanitarian assistance.
The document also affirms support for a two-state solution and “stresses the importance of unifying the Gaza Strip with the West Bank under the Palestinian Authority”.
The US on December 9 blocked a previous resolution that would have called for a “humanitarian ceasefire” in the Palestinian enclave, where Israel continues its bombardment in retaliation for an attack by Hamas on October 7.
The latest resolution, drafted by the UAE, was introduced by Arab states after a recent vote in the General Assembly, in which the UN's 193 members called overwhelmingly for a ceasefire, with 153 in favour, 10 against and 23 abstentions.
Historically, the United States has consistently been a major supporter of Israel, both militarily and diplomatically.
According to UN diplomats, negotiations were ongoing as delegates are working to avoid another impasse.
Seen by The National, the draft calls “for the urgent suspension of hostilities to allow safe and unhindered humanitarian access, and for urgent steps towards a sustainable cessation of hostilities.”
It requests that Israel and Hamas allow aid access to the Gaza Strip – via land, sea and air routes – and set up a UN monitoring mechanism in the Gaza Strip to deliver humanitarian aid.
The document also affirms support for a two-state solution and “stresses the importance of unifying the Gaza Strip with the West Bank under the Palestinian Authority”.
UN Security Council envoys visit Gaza border to demand ceasefire – video
“Every single day, innocent people in Gaza are struggling desperately for want of food, water, medicine and fuel. Members of the UN Security Council have seen the consequences of this humanitarian catastrophe first-hand and the need for more aid could not be clearer,” Lana Nusseibeh, the UAE’s ambassador to the UN, told The National.
“This council resolution responds to that need by opening border crossings, the transport of aid by land, sea and air, and a UN-led mechanism that would streamline inspection, monitoring and approvals.”
Ms Nusseibeh added that it underlines the critical importance of stopping hostilities to allow for the delivery of humanitarian aid and that the UAE will continue to aggressively pursue that goal.
The Security Council has passed only one resolution on Gaza since the war began, which called for “humanitarian pauses” in the fighting, after failing to approve five others, two of which were vetoed by the US.
Security Council resolutions are legally binding for all member states, yet the countries concerned often choose not to comply with them.
Mary Robinson, former president of Ireland and chairwoman of The Elders – a group of independent global leaders working together for peace, justice and human rights – said in a statement that the US cannot afford to be further isolated by vetoing this resolution.
“President [Joe] Biden’s continuing support for Israel’s actions is also making the world less safe, the Security Council less effective, and US leadership less respected. It is time to stop the killing,” she said.
2020 Oscars winners: in numbers
- Parasite – 4
- 1917– 3
- Ford v Ferrari – 2
- Joker – 2
- Once Upon a Time ... in Hollywood – 2
- American Factory – 1
- Bombshell – 1
- Hair Love – 1
- Jojo Rabbit – 1
- Judy – 1
- Little Women – 1
- Learning to Skateboard in a Warzone (If You're a Girl) – 1
- Marriage Story – 1
- Rocketman – 1
- The Neighbors' Window – 1
- Toy Story 4 – 1
Fresh faces in UAE side
Khalifa Mubarak (24) An accomplished centre-back, the Al Nasr defender’s progress has been hampered in the past by injury. With not many options in central defence, he would bolster what can be a problem area.
Ali Salmeen (22) Has been superb at the heart of Al Wasl’s midfield these past two seasons, with the Dubai club flourishing under manager Rodolfo Arrubarrena. Would add workrate and composure to the centre of the park.
Mohammed Jamal (23) Enjoyed a stellar 2016/17 Arabian Gulf League campaign, proving integral to Al Jazira as the capital club sealed the championship for only a second time. A tenacious and disciplined central midfielder.
Khalfan Mubarak (22) One of the most exciting players in the UAE, the Al Jazira playmaker has been likened in style to Omar Abdulrahman. Has minimal international experience already, but there should be much more to come.
Jassim Yaqoub (20) Another incredibly exciting prospect, the Al Nasr winger is becoming a regular contributor at club level. Pacey, direct and with an eye for goal, he would provide the team’s attack an extra dimension.
Shooting Ghosts: A U.S. Marine, a Combat Photographer, and Their Journey Back from War by Thomas J. Brennan and Finbarr O’Reilly
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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.”
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The specs: 2019 Mercedes-Benz C200 Coupe
Price, base: Dh201,153
Engine: 2.0-litre turbocharged four-cylinder
Transmission: Nine-speed automatic
Power: 204hp @ 5,800rpm
Torque: 300Nm @ 1,600rpm
Fuel economy, combined: 6.7L / 100km
Four motivational quotes from Alicia's Dubai talk
“The only thing we need is to know that we have faith. Faith and hope in our own dreams. The belief that, when we keep going we’re going to find our way. That’s all we got.”
“Sometimes we try so hard to keep things inside. We try so hard to pretend it’s not really bothering us. In some ways, that hurts us more. You don’t realise how dishonest you are with yourself sometimes, but I realised that if I spoke it, I could let it go.”
“One good thing is to know you’re not the only one going through it. You’re not the only one trying to find your way, trying to find yourself, trying to find amazing energy, trying to find a light. Show all of yourself. Show every nuance. All of your magic. All of your colours. Be true to that. You can be unafraid.”
“It’s time to stop holding back. It’s time to do it on your terms. It’s time to shine in the most unbelievable way. It’s time to let go of negativity and find your tribe, find those people that lift you up, because everybody else is just in your way.”
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
Mina Cup winners
Under 12 – Minerva Academy
Under 14 – Unam Pumas
Under 16 – Fursan Hispania
Under 18 – Madenat
PREMIER LEAGUE RESULTS
Bournemouth 1 Manchester City 2
Watford 0 Brighton and Hove Albion 0
Newcastle United 3 West Ham United 0
Huddersfield Town 0 Southampton 0
Crystal Palace 0 Swansea City 2
Manchester United 2 Leicester City 0
West Bromwich Albion 1 Stoke City 1
Chelsea 2 Everton 0
Tottenham Hotspur 1 Burnley 1
Liverpool 4 Arsenal 0
The biog
Nickname: Mama Nadia to children, staff and parents
Education: Bachelors degree in English Literature with Social work from UAE University
As a child: Kept sweets on the window sill for workers, set aside money to pay for education of needy families
Holidays: Spends most of her days off at Senses often with her family who describe the centre as part of their life too
