Protesters in Jerusalem block a light rail train as they demand an end to the Gaza war and the immediate release of all hostages. AP
Protesters in Jerusalem block a light rail train as they demand an end to the Gaza war and the immediate release of all hostages. AP
Protesters in Jerusalem block a light rail train as they demand an end to the Gaza war and the immediate release of all hostages. AP
Protesters in Jerusalem block a light rail train as they demand an end to the Gaza war and the immediate release of all hostages. AP

Hamas tells Trump it is open to comprehensive Gaza deal for release of all hostages


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Hamas said it is ready for a comprehensive Gaza deal in which all Israeli hostages will be released, in response to a demand by US President Donald Trump.

Mr Trump on Wednesday suggested the war in Gaza could end if the militant group released all remaining Israeli hostages held in the enclave.

"Tell Hamas to immediately give back all 20 hostages (not two or five or seven), and things will change rapidly. It will end," Mr Trump wrote on his Truth Social platform.

Hamas issued a statement in response. "We say to President Trump: Hamas agreed on August 18 to the mediators’ proposal, which was originally based on the [US envoy Steve] Witkoff proposal and [Israeli Prime Minister Benjamin] Netanyahu has not responded to it until now," the group said.

"We also expressed readiness for a comprehensive deal under which all hostages would be released in exchange for an agreed number of our prisoners in the occupation’s jails, in a way that achieves an end to the war and withdrawal of the occupation."

Mr Netanyahu's office criticised Hamas's comments. "Unfortunately, this is yet another spin by Hamas with nothing new in it," it said in a statement.

It reiterated that the war in Gaza would only end if all hostages were released, Hamas was disarmed, the enclave was demilitarised and Israel established security control, and an alternative civilian government was established. "We affirm that Netanyahu is the real obstacle to exchange deals and a ceasefire … he wants a war with no end," Hamas said in its statement.

Palestinians leave northern Gaza with their belongings to travel to a displacement camp. EPA
Palestinians leave northern Gaza with their belongings to travel to a displacement camp. EPA

In August, the group agreed to a 60-day ceasefire proposal with Israel that includes the return of half of the hostages held in Gaza and the release of some Palestinian detainees from Israeli jails.

Mr Netanyahu said days later that Israel would immediately resume negotiations for the release of all hostages and an end to the war, but on terms acceptable to Israel, without agreeing to the deal put forward by mediators Qatar and Egypt based on a previous US proposal.

Heavy shelling has hit Gaza city this week after the Israeli military began mobilising more forces for an assault to reoccupy the enclave’s largest urban area. Israeli officials claim Gaza city remains a Hamas stronghold above a vast underground tunnel network, even after significant ground assaults earlier in the war.

The Israeli military has intensified air and ground attacks on the outskirts of the city, particularly in western neighbourhoods, forcing people to flee towards the coast, humanitarian groups said.

Since the war began with a Hamas-led attack on Israel on October 7, 2023, more than 63,700 Palestinians have been killed, including more than 2,300 who died while seeking aid.

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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.”

The years Ramadan fell in May

1987

1954

1921

1888

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

UAE currency: the story behind the money in your pockets
Results:

CSIL 2-star 145cm One Round with Jump-Off

1.           Alice Debany Clero (USA) on Amareusa S 38.83 seconds

2.           Anikka Sande (NOR) For Cash 2 39.09

3.           Georgia Tame (GBR) Cash Up 39.42

4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
The%20specs
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The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Tips%20for%20holiday%20homeowners
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Basquiat in Abu Dhabi

One of Basquiat’s paintings, the vibrant Cabra (1981–82), now hangs in Louvre Abu Dhabi temporarily, on loan from the Guggenheim Abu Dhabi. 

The latter museum is not open physically, but has assembled a collection and puts together a series of events called Talking Art, such as this discussion, moderated by writer Chaedria LaBouvier. 

It's something of a Basquiat season in Abu Dhabi at the moment. Last week, The Radiant Child, a documentary on Basquiat was shown at Manarat Al Saadiyat, and tonight (April 18) the Guggenheim Abu Dhabi is throwing the re-creation of a party tonight, of the legendary Canal Zone party thrown in 1979, which epitomised the collaborative scene of the time. It was at Canal Zone that Basquiat met prominent members of the art world and moved from unknown graffiti artist into someone in the spotlight.  

“We’ve invited local resident arists, we’ll have spray cans at the ready,” says curator Maisa Al Qassemi of the Guggenheim Abu Dhabi. 

Guggenheim Abu Dhabi's Canal Zone Remix is at Manarat Al Saadiyat, Thursday April 18, from 8pm. Free entry to all. Basquiat's Cabra is on view at Louvre Abu Dhabi until October

Scores

Oman 109-3 in 18.4 overs (Aqib Ilyas 45 not out, Aamir Kaleem 27) beat UAE 108-9 in 20 overs (Usman 27, Mustafa 24, Fayyaz 3-16, Bilal 3-23)

RESULTS

5pm: Handicap (TB) Dh100,000, 2,400m
Winner: Recordman, Richard Mullen (jockey), Satish Seemar (trainer)

5.30pm: Wathba Stallions Cup Handicap (PA) Dh 70,000, 2,200m​​​​​​​
Winner: AF Taraha, Tadhg O’Shea, Ernst Oertel

6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000, 1,400m​​​​​​​
Winner: Dhafra, Fabrice Veron, Eric Lemartinel

6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000, 1,400m​​​​​​​
Winner: Maqam, Fabrice Veron, Eric Lemartinel

7pm: Handicap (PA) Dh85,000, 1,600m​​​​​​​
Winner: AF Momtaz, Fernando Jara, Musabah Al Muhairi

7.30pm: Maiden (PA) Dh80,000, 1,600m​​​​​​​
Winner: Optimizm, Patrick Cosgrave, Abdallah Al Hammadi

The%20specs%3A%202024%20Mercedes%20E200
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While you're here
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

Four-day collections of TOH

Day             Indian Rs (Dh)        

Thursday    500.75 million (25.23m)

Friday         280.25m (14.12m)

Saturday     220.75m (11.21m)

Sunday       170.25m (8.58m)

Total            1.19bn (59.15m)

(Figures in millions, approximate)

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Power: 261hp at 5,500rpm

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The years Ramadan fell in May

1987

1954

1921

1888

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 

Updated: September 04, 2025, 6:51 AM`