Israeli Arabs clean and repair graves unearthed during excavation for the Museum of Tolerance in Jerusalem in April 2006. Israeli courts approved the project after being told only a few dozen graves would be disturbed - then more than 1,500 were found during a dig in 2009.
Israeli Arabs clean and repair graves unearthed during excavation for the Museum of Tolerance in Jerusalem in April 2006. Israeli courts approved the project after being told only a few dozen graves wShow more

New threat to Muslim cemetery



JERUSALEM // Israeli authorities are pressing ahead with plans to build a courthouse complex on a large historic Muslim cemetery in Jerusalem that is already at the centre of protest over plans to locate a museum there. The proposed courthouse is expected to provoke stiff opposition, especially from Islamic groups, after it was revealed that an excavation last year for the Museum of Tolerance, close by, unearthed as many as 1,500 Muslim graves.

Dorit Beinisch, the president of the Supreme Court, who last year expressed reservations about the location of the new courthouse, is reported to have lifted her objections recently. According to Meir Margalit, a Jerusalem city councillor, municipal officials said they had assured the judge that no graves had been discovered at the new site during excavations. However, a spokeswoman for the Israeli antiquities authority, which is responsible for carrying out such digs, said in an interview that ancient graves were found at the proposed courthouse site when a trial excavation was conducted two years ago, and that the discovery was reported to the government.

Archaeologists and Islamic groups point out that the courts were similarly misled when they approved the museum project in 2008, after they had been promised that only "a few dozen graves" would be found at the site, not many hundreds. "The municipality and government simply can't be trusted on this issue as has been amply demonstrated over the Museum of Tolerance plans," Mr Margalit said. "They have a history of not acting in good faith."

The courthouse plan is certain to revive a long-running controversy over what Muslim organisations have called Israel's "desecration" of the Mamilla cemetery, which lies just outside Jerusalem's Old City walls. The graveyard dates back 1,000 years and, according to Islamic tradition, includes the resting places of the Prophet Mohammed's companions and tens of thousands of Saladin's warriors. Plans for a Museum of Tolerance, unveiled in 2004 by the Simon Wiesenthal Centre, a US Jewish group that has built a similar museum in Los Angeles, provoked a row that has yet to abate.

Palestinian families whose relatives are buried in Mamilla and the Islamic Movement, the main group representing religious Muslims in Israel, lost their legal battle against the museum in the Supreme Court in October 2008. But they are to revive their legal action after an investigation by the liberal Haaretz newspaper last month revealed major irregularities in a dig to prepare the site for the museum's construction. The groups also believe the investigation provides them with ammunition against the courthouse plan.

According to Haaretz, the antiquities authority oversaw a five-month excavation last year at the museum site that was carried out in record time as three teams did shifts around the clock amid great secrecy to excavate graves and rebury the remains nearby. No Palestinians were employed, and all workers had to sign a confidentiality agreement. They were searched for any electronic devices, including phones, before entering the site, were not allowed to leave during their shift, and were watched at all times by security cameras.

The measures, the Haaretz report suggested, were designed to ensure that no word leaked out about the large number of graves found there or that promises to the courts about treating the graves with the utmost respect were being violated. Workers told the paper that, faced with a large number of graves exposed in five layers down to the bedrock, Israeli officials cut corners and hurriedly dug out ancient skulls and bones, some of which disintegrated in the process.

The paper published photographs appearing to show that remains had been stuffed into cardboard boxes rather than removed using advanced techniques the antiquities authority had proposed.Gideon Sulimani, a senior archaeologist with the antiquities authority who carried out initial excavations, told Haaretz: "They call this an archaeological excavation but it's really a clearing-out, an erasure of the Muslim past. It is actually Jews against Arabs."

Rafi Greenberg, an archaeologist at Tel Aviv University, was also critical. "In another country, they would devote years to such an excavation, and also build a special lab to analyse the results." He accused the antiquities authority of betraying its role as the guardian of the country's historical assets. Haaretz's investigation has worried observers that similar deceptions may be employed in the case of the courthouse.

Kais Nasser, a lawyer for seven Palestinian families and for an Islamic charity opposed to the museum project, said he would petition the courts to reverse the museum ruling and ask them to block the courthouse plans. "The graves have already been removed, but we hope to persuade the courts to order that the remains be returned and this uniquely important site rehabilitated," he said. "Be sure that, if the courthouse goes ahead, as many graves will need to be removed as the 1,500 that were unearthed for the museum."

A new courthouse in Jerusalem has been under consideration for at least a decade, Mr Margalit said, but it had been difficult to find a large enough site in such a crowded city. A spokesman for the municipality termed the new court complex "a strategic project to strengthen the centre of the city". A school is currently on the site proposed for the courthouse, close to an area known as Independence Park. Mr Margalit said the authorities may have found graves when they dug the school's foundations in the 1970s and kept the information secret.

Prof Greenberg said claims that there were no graves under or close to the school were "ridiculous". He added that at both sites there was a wealth of other important antiquities that were being ignored or destroyed by the current excavations. He said they included an Iron Age house, an aqueduct and a dam built across what was once a valley. foreign.desk@thenational.ae

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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COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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