Live updates: Follow the latest from Israel-Gaza
At Abu Harb's jewellery store, in Rafah city, Saeed Hamoda is negotiating the price for a gold ring he is trying to sell to buy food and clothes for his children.
Originally a resident of Beit Lahya in the north of the Gaza Strip, Mr Hamoda was displaced to the south where he has not had an income for four months,
“We are living in suffering. We couldn't imagine that we would face such a day,” Mr Hamoda told The National.
The father of two has lost all his savings and has had to resort to selling his wife's gold.
“It was not easy for my wife to give me her jewellery as it is so precious to her, but we want to feed our children,” he said.
With basic commodities costing so much, the money Mr Hamoda is getting from selling the gold is hardly enough to feed his family for a week.
“Everything is so expensive; even the price of this ring will only let me buy 3kg of flour, 1kg of onions, and 1kg of rice.”
Abu Nidal Abu Harb, a gold trader at the store, buys the precious metal from Gazans on a regular basis.
“People come to sell their gold, having fled from their homes from the north to the south,” Mr Abu Harb told The National.
“The aid received by displaced people is insufficient. It is forcing them to sell their jewellery.”
Hamdan Kishta, a trader at another jeweller in Rafah city, said Gazans come to his store to sell gold, but very few come to buy it.
“We are trying to help people by giving them a good price and buying their gold from them,” Mr Kishta said. “I saw how people were sad to sell their jewellery.”
Gazans are using the money they raise to buy tents or rent homes as their savings are almost completely depleted.
Outside the besieged enclave, gold prices remain high but in Gaza they have fallen due to cash shortages, says Mr Kishta.
Before the war started in October, a gram of a 24 carat gold sold in Gaza for around $45, but it has now gone down to around $30.
Fadel Adwan, of the Chamber of Commerce in Gaza and a founder of the Gold Union in the strip, said the economic situation in Gaza is very dire.
“People are selling their wedding rings, which are of sentimental value to them. But, of course, feeding their children is more important.
“We hope the amount of aid increases so people can survive and not be forced to sell their gold,” he added.
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ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
'Lost in Space'
Creators: Matt Sazama, Burk Sharpless, Irwin Allen
Stars: Molly Parker, Toby Stephens, Maxwell Jenkins
Rating: 4/5
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
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Director: S Shankar
Producer: Lyca Productions; presented by Dharma Films
Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey
Rating: 3.5/5 stars
Mohammed bin Zayed Majlis
Our Time Has Come
Alyssa Ayres, Oxford University Press
Series information
Pakistan v Dubai
First Test, Dubai International Stadium
Sun Oct 6 to Thu Oct 11
Second Test, Zayed Stadium, Abu Dhabi
Tue Oct 16 to Sat Oct 20
Play starts at 10am each day
Teams
Pakistan
1 Mohammed Hafeez, 2 Imam-ul-Haq, 3 Azhar Ali, 4 Asad Shafiq, 5 Haris Sohail, 6 Babar Azam, 7 Sarfraz Ahmed, 8 Bilal Asif, 9 Yasir Shah, 10, Mohammed Abbas, 11 Wahab Riaz or Mir Hamza
Australia
1 Usman Khawaja, 2 Aaron Finch, 3 Shaun Marsh, 4 Mitchell Marsh, 5 Travis Head, 6 Marnus Labuschagne, 7 Tim Paine, 8 Mitchell Starc, 9 Peter Siddle, 10 Nathan Lyon, 11 Jon Holland
Global state-owned investor ranking by size
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UAE
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Japan
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Norway
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UAE currency: the story behind the money in your pockets
Shubh Mangal Saavdhan
Directed by: RS Prasanna
Starring: Ayushmann Khurrana, Bhumi Pednekar
MATCH INFO
Uefa Champions League semi-finals, first leg
Liverpool v Roma
When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
ESSENTIALS
The flights
Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.
The hotels
Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.
The tours
A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages.
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
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RACE CARD
6.30pm: Handicap (TB) $68,000 (Dirt) 1,600m
7.05pm: Meydan Sprint – Group 2 (TB) $163,000 (Turf) 1,000m
7.40pm: Curlin Stakes – Listed Handicap (TB) $88,000 (D) 2,200m
8.15pm: UAE Oaks – Group 3 (TB) $125,000 (D) 1,900m
8.50pm: Zabeel Mile – Group 2 (TB) $163,000 (T) 1,600m
9.25pm: Balanchine – Group 2 (TB) $163,000 (T) 1,800m
10pm: Al Shindagha Sprint – Group 3 (TB) $130,000 (D) 1,200m
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.
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