Fatah faces divisions within and without



As members of the Palestinian political party Fatah head to Bethlehem in the West Bank for their first congress in twenty years, the organisation is struggling to heal its own divisions and revive its credibility as the voice of Palestinian nationalism. Even though Fatah's rival, Hamas, has so far refused to grant permission to party delegates from Gaza to leave the territory, the long-awaited congress of the political party - the largest faction of the Palestinian Liberation Organisation - will go ahead, starting on August 4. Fatah's fifth congress in the movement's history will be their first since gathering in Tunisia in 1989. "Hamas has conditioned the departure of some 400 Fatah members from Gaza for the congress on Abbas's forces freeing hundreds of Hamas activists seized in West Bank round-ups," Reuters reported. "Hamas also wants more passports, issued in the West Bank, for its Gazan officials and supporters. Asked by Reuters if the dispute might hold up the congress, four years in the planning, Nabil Shaath of the Fatah Central Committee said: 'The congress will be held anyway.' "Intisar al-Wazir, another Central Committee member, said Abbas had told Hamas through Arab mediators that if it agreed to let the Gazan delegates out, he would free 400 Hamas detainees - half before the congress, the rest during. More Hamas men would go be released from West Bank jails later, Wazir said. [...] "Fatah delegates from Syria, Lebanon and Jordan have begun arriving in Bethlehem with the consent of Israel, which agreed to Gazan delegates travelling to the West Bank for the congress. Israel has otherwise kept Gaza under a strict blockade. "Wazir said the Central Committee decided to raise the number of congress participants from 1,550 to 2,256, to accommodate more marginal Fatah members. The faction's decision-making Revolutionary Council convenes on Sunday to discuss the measure. "Boosting the turnout could compensate for the absence of Gaza delegates, one Fatah official said." The Ma'an News Agency reported that a decision to boost participation could provoke a boycott by Fatah in Gaza. "Fatah leadership in Gaza has not yet taken a decision to boycott the movement's sixth conference Central Committee Zakariyya Al-Agha said later Saturday. "A final decision will be taken once the Central Committee meeting in Ramallah is over. That meeting is expected to address the rumoured addition of 900 members to voting lists, which Fatah members in Gaza called an 'illegal' attempt to bolster support for current Central Committee members who will stand for re-election." Ghada Karmi wrote in Bitterlemons: "From the start the conference preparations have been riven with internal disputes, conflicts and threatened splits. There were differences over where it should be held, many members arguing for Amman as a place not subject to Israeli restrictions. Farouk Qaddumi, the head of the PLO's political department and an old rival to Abbas, refused to meet in any territory under Israeli occupation. He followed this up two weeks ago with the shocking accusation that Abbas had been behind a plot in collusion with Israel to poison Yasser Arafat in 2004. "Whether true or not, this can only deepen the already existing rupture in Fatah between the old and the young, and between Qaddumi's followers and those of Abbas. It may even lead to two Fatah conferences, one in Bethlehem and another elsewhere, perhaps in Damascus or Beirut. Even without that, those Fatah delegates opposed to Abbas are likely to be excluded from the Bethlehem meeting, as are the delegates from Gaza whom Hamas' foreign minister, Mahmoud Zahar, has vowed to prevent from attending as long as Hamas prisoners languish in Palestinian Authority jails. What credibility or legitimacy the resulting conference will be left with under these circumstances is unclear. "Those of us in the diaspora, watching these developments, can only feel a mixture of concern and impotence, angry at this pointless internecine fighting and unable to stop it. Worse still to imagine how triumphant Israel must feel for having created a situation where over half the Palestinian people are excluded from their own political process, while a minority of them tears itself apart under its occupation. Destroying the Palestinian national cause by fragmenting the Palestinians was always Israel's aim." In Al-Ahram Weekly, Khaled Amayreh wrote: "Earlier this month, [Mr Qaddumi] dropped a bombshell during an impromptu press conference in Amman, saying he was in possession of an authentic document showing that Abbas and Dahlan were involved in an Israeli plot to poison the late former Palestinian leader Yasser Arafat. "Abbas and Dahlan scoffed at the revelations, accusing Qaddumi of seeking to abort the upcoming Bethlehem conference. However, the effects and aftereffects of Qaddumi's bombshell refuse to evaporate as a number of Fatah leaders are demanding that 'a serious investigation' into Qaddumi's allegations be carried out by a 'neutral and credible body'. Such an investigation per se would amount to a vote of no-confidence in Abbas who is unlikely to allow it to materialise. "According to reliable Palestinian sources, Qaddumi has voiced his willingness to mend bridges with Abbas if the PA leader agrees to sack Dahlan, dissolve the American-backed government of Salam Fayyad and halt the inquisition-like campaign against Hamas leaders and activists in the West Bank. "Such conditions are unlikely to be accepted by Abbas since doing so would seriously harm PA relations with the United States whose vital support for Abbas is directly linked with his anti-Hamas stance." Lamis Andoni wrote: "Fatah, the movement that has led the Palestinian struggle for decades, is at a dangerous crossroads. At stake is not only its unity but more significantly its mere survival. "It faces tough choices. In order to keep itself relevant on a regional and international level it would need to project itself as a 'moderate' force committed to a non-existing peace process, thus risking the further demise of popular legitimacy. To salvage its legitimacy and unity it would need to disengage from the Palestinian Authority's compliance to American and Israeli terms that aim at turning the movement into a malleable political tool and an enforcer of Israeli security. "But more so than ever in its history, Fatah is facing a real rival that has popular legitimacy and backing by key regional powers. Iran and Syria are seeking to further boost their negotiating credentials by supporting the Islamic Resistance Movement, Hamas, and are ready to accelerate the demise of both Fatah and the Palestine Liberation Organisation. Qatar openly aids and promotes Hamas as the alternative movement, again to enhance its role as a regional power broker to be reckoned with. "Egypt, Jordan and other so called 'moderate' countries, the supposed backers of Fatah, are junior partners of Washington in its plans to turn the movement into a huge security apparatus and ensure the Palestinian people's submission. More significantly, they could easily switch sides if the US and Israel decide that Hamas is ready to accept the terms of engagement in the 'peace process' or that it could be a more effective enforcer of Israeli security. "But the fundamental struggle for Fatah at this historic juncture is to restore its identity, unity and the core of its soul. Its merger into the Palestinian Authority after the signing of the Oslo accords distorted its identity and function. The one-time backbone of the Palestine Liberation Organisation and embodiment of Palestinian national rights, Fatah has been reduced to a ruling party largely, but not solely, dependent on proving itself as a 'peace partner' in a process that has so far consolidated Israeli occupation and expansionism."

pwoodward@thenational.ae

Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

UAE gold medallists:

Omar Al Suweidi (46kg), Khaled Al Shehhi (50kg), Khalifa Humaid Al Kaabi (60kg), Omar Al Fadhli (62kg), Mohammed Ali Al Suweidi (66kg), Omar Ahmed Al Hosani (73), all in the U18’s, and Khalid Eskandar Al Blooshi (56kg) in the U21s.

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
MATCH INFO

Manchester City 3
Danilo (16'), Bernardo Silva (34'), Fernandinho (72')

Brighton & Hove Albion 1
Ulloa (20')

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.”

UAE currency: the story behind the money in your pockets
MATCH INFO

Uefa Champions League quarter-final, second leg (first-leg score):

Manchester City (0) v Tottenham Hotspur (1), Wednesday, 11pm UAE

Match is on BeIN Sports

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances