A Palestinian boy places stones at the place were Bakir Hashash, 21, was shot by Israeli forces in the West Bank city of Nablus on January 6, 2022. The Israeli army said its troops had shot at an armed man who fired on soldiers during an operation to arrest a wanted suspect in Nablus. AFP
A Palestinian boy places stones at the place were Bakir Hashash, 21, was shot by Israeli forces in the West Bank city of Nablus on January 6, 2022. The Israeli army said its troops had shot at an armed man who fired on soldiers during an operation to arrest a wanted suspect in Nablus. AFP
A Palestinian boy places stones at the place were Bakir Hashash, 21, was shot by Israeli forces in the West Bank city of Nablus on January 6, 2022. The Israeli army said its troops had shot at an armed man who fired on soldiers during an operation to arrest a wanted suspect in Nablus. AFP
A Palestinian boy places stones at the place were Bakir Hashash, 21, was shot by Israeli forces in the West Bank city of Nablus on January 6, 2022. The Israeli army said its troops had shot at an arme

Israeli army kills Palestinian gunman in raid


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Israeli forces shot and killed a Palestinian who opened fire on them during an arrest raid in the West Bank city of Nablus early on Thursday, the Israeli military said.

The military said it was carrying out an operation to arrest a wanted suspect when armed men began firing on the troops. It said forces killed one of the gunmen. No soldiers were injured and the suspect was arrested, the military said.

The official Palestinian news agency, Wafa, identified the man as Bakir Muhammad Musa Hashash, 21, saying he was critically wounded and died after clashes with the military.

The incident comes amid a surge in Israeli-Palestinian violence in recent weeks.

Last month, a Palestinian gunman opened fire on a car filled with Jewish seminary students near a West Bank settlement outpost. Yehuda Dimentman, 25, was killed and two others were wounded near Homesh, which is considered illegal by the Israeli government.

Also last month, a Palestinian attacker stabbed and seriously wounded an ultra-Orthodox Jew outside Jerusalem’s Old City. And over a week before that, a Hamas militant opened fire in the Old City, killing an Israeli man.

At the same time, settler violence against Palestinians has increased, particularly in the northern West Bank.

Israel captured East Jerusalem and the West Bank in the 1967 Middle East war, and the territories are now home to more than 700,000 Israeli settlers. Most of the international community considers Israeli settlements illegal and obstacles to peace.

The Palestinians seek East Jerusalem and the West Bank as parts of a future independent state, along with the Gaza Strip, from which Israel withdrew in 2005.

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Updated: January 06, 2022, 10:38 AM