Mohammed Dahlan he has been raising millions of dollars from business people and charities in the UAE, Saudi Arabia and elsewhere for Palestinians. AP Photo / January 3, 2011
Mohammed Dahlan he has been raising millions of dollars from business people and charities in the UAE, Saudi Arabia and elsewhere for Palestinians. AP Photo / January 3, 2011

Peace talks ‘will bring nothing for the Palestinian people’: Dahlan



RAMALLAH // Fuelled by millions in Gulf aid dollars that are his to distribute, an exiled Palestinian operative seems to be orchestrating a comeback that could position him as a potential successor to the ageing Palestinian leader Mahmoud Abbas.
In a phone interview from London, Mohammed Dahlan spoke of his aid projects in the Gaza Strip, his closeness to Egypt's military leaders and his conviction that Mr Abbas, 79, has left the Palestinian national cause in tatters.
If staging a successful return, Mr Dahlan, a former Gaza security chief once valued by the West for his pragmatism, could reshuffle a stagnant Palestinian deck.
Some say Mr Dahlan has made too many enemies in Mr Abbas' Fatah movement and will continue to be ostracised by those planning to compete for the top job in the future.
Mr Dahlan, 52, said this week that he is "not looking for any post" after Mr Abbas retires, but called for new elections and an overhaul of Fatah.
"Abbas will leave only ruins and who would be interested to be a president or vice president on these ruins? What I am interested in is a way out of our political situation, not a political position."
In the past, he and Mr Abbas were among the leading supporters of negotiations with Israel as the preferred path to statehood. Mr Dahlan now believes the current US-led talks "will bring nothing for the Palestinian people", alleging Mr Abbas has made concessions that his predecessor, the late Yasser Arafat, would not have.
A bitter feud between Mr Abbas and Mr Dahlan seems mostly personal, but also highlights the dysfunctional nature of Fatah, paralysed by incessant internal rivalries, and Mr Abbas's apparent unwillingness to tolerate criticism.
Mr Abbas banished Dahlan in 2010, after his former protege purportedly called him weak. Mr Dahlan has since spent his time between Egypt and the UAE.
Before the fallout he was one of a few Palestinian leaders who saw themselves as potential contenders for succeeding Mr Abbas.
Mr Dahlan grew up in a Gaza refugee camp, but as a top aide to Arafat became the territory's strongman in the 1990s, jailing leaders of Hamas, which was trying to derail Arafat's negotiation with Israel through attacks.
Mr Dahlan was dogged by corruption allegations at the time, like Arafat and several other senior Palestinian politicians, but has denied wrongdoing and was never charged.
In exile, he has nurtured political and business ties in the Arab world.
Mr Dahlan said this week that he has been raising millions of dollars from business people and charities in the UAE, Saudi Arabia and elsewhere for Palestinians.
Last year, he said he delivered US$8 million (Dh29.4m) to Palestinian refugees in Lebanon.
"In Gaza, I do the same now," he said. "I'm collecting money for desalination in Gaza. It's unbearable. Fifty per cent of the water in the houses is sewage water. Hamas and Abbas are doing nothing to solve the real problems of the Gazans."
When asked if he was buying political support with Gulf money, he said: "This is not political money." He added that the UAE also provides financial aid to Mr Abbas.
Mr Dahlan's relationship with Gaza and former archenemy Hamas is particularly complex.
Security forces under Mr Dahlan lost control of Gaza in a brief battle with Hamas gunmen in 2007. The defeat cemented the Palestinian political split, leading to rival governments, one run by Hamas in Gaza and the other by Mr Abbas in parts of the West Bank, and was seen as perhaps the biggest blot on Mr Dahlan's career.
However, there are now signs of a possible rapprochement between Mr Dahlan and Hamas – apparently because of Mr Dahlan's close ties to Egyptian military chief, Field Marshal Abdel Fattah El-Sisi.
Mr Dahlan said he has met Field Marshal El Sisi several times and supported the military's removal of Mohammed Morsi from the presidency – he called it the "Egyptian revolution".
Hamas is the Gaza offshoot of the Muslim Brotherhood, of which Mr Morsi is a member.
Since Mr Morsi's removal, the interim government has tightened a closure of Gaza's border with Egypt. That blockade has squeezed Hamas financially, and it has been looking for ways to pry the border open.
In January, Hamas allowed three Fatah leaders loyal to Mr Dahlan to return to the territory. The Fatah returnees and Hamas officials formed a committee to oversee construction of a new Gaza town to be funded by the UAE, said a Hamas official.
Fatah officials accuse Mr Dahlan of trying to split the movement.
Underlying Fatah's fears about a return of Mr Dahlan is the open question of succession.
Mr Abbas was elected in 2005, but overstayed his five-year term because the Hamas-Fatah split has prevented new elections. Mr Abbas has not designated a successor and there is no clear contender.
The only other Palestinian politician with broad support according to polls is Marwan Barghouti, an uprising leader who is serving multiple life sentences in Israeli prison.
Hani Al Masri, a Palestinian analyst, said regional support has boosted Mr Dahlan, but that he's not a serious challenger yet because he has not offered any plans.
Palestinians "won't support a specific leader without being convinced of his political platform," he said.
* Associated Press

World Test Championship table

1 India 71 per cent

2 New Zealand 70 per cent

3 Australia 69.2 per cent

4 England 64.1 per cent

5 Pakistan 43.3 per cent

6 West Indies 33.3 per cent

7 South Africa 30 per cent

8 Sri Lanka 16.7 per cent

9 Bangladesh 0

Results
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COMPANY%20PROFILE
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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EDirect%20Debit%20System%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20Sept%202017%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20with%20a%20subsidiary%20in%20the%20UK%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Undisclosed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Elaine%20Jones%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3C%2Fp%3E%0A

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.”

Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

The%20specs%3A%202024%20Mercedes%20E200
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Representing%20UAE%20overseas
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COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
The specs: 2018 Opel Mokka X

Price, as tested: Dh84,000

Engine: 1.4L, four-cylinder turbo

Transmission: Six-speed auto

Power: 142hp at 4,900rpm

Torque: 200Nm at 1,850rpm

Fuel economy, combined: 6.5L / 100km

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Three ways to limit your social media use

Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.

1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.

2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information. 

3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.

Origin
Dan Brown
Doubleday

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S23%20ULTRA
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A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Profile of Whizkey

Date founded: 04 November 2017

Founders: Abdulaziz AlBlooshi and Harsh Hirani

Based: Dubai, UAE

Number of employees: 10

Sector: AI, software

Cashflow: Dh2.5 Million  

Funding stage: Series A

The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

Best Academy: Ajax and Benfica

Best Agent: Jorge Mendes

Best Club : Liverpool   

 Best Coach: Jurgen Klopp (Liverpool)  

 Best Goalkeeper: Alisson Becker

 Best Men’s Player: Cristiano Ronaldo

 Best Partnership of the Year Award by SportBusiness: Manchester City and SAP

 Best Referee: Stephanie Frappart

Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)

Best Sporting Director: Andrea Berta (Atletico Madrid)

Best Women's Player:  Lucy Bronze

Best Young Arab Player: Achraf Hakimi

 Kooora – Best Arab Club: Al Hilal (Saudi Arabia)

 Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)

 Player Career Award: Miralem Pjanic and Ryan Giggs

The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

Reputation

Taylor Swift

(Big Machine Records)

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENamara%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJune%202022%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EMohammed%20Alnamara%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EMicrofinance%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E16%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFamily%20offices%0D%3Cbr%3E%3C%2Fp%3E%0A
The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

If you go

The flights 

Emirates flies from Dubai to Funchal via Lisbon, with a connecting flight with Air Portugal. Economy class returns cost from Dh3,845 return including taxes.

The trip

The WalkMe app can be downloaded from the usual sources. If you don’t fancy doing the trip yourself, then Explore  offers an eight-day levada trails tour from Dh3,050, not including flights.

The hotel

There isn’t another hotel anywhere in Madeira that matches the history and luxury of the Belmond Reid's Palace in Funchal. Doubles from Dh1,400 per night including taxes.

 

 

Votes

Total votes: 1.8 million

Ashraf Ghani: 923,592 votes

Abdullah Abdullah: 720,841 votes