A Palestinian girl receives medical care at the hospital in Rafah, in the southern Gaza Strip after she was wounded in an Israeli military strike on August 2, 2014. At least 296 Palestinian children and adolescents have been killed since Israel launched its offensive in the Gaza Strip against Hamas on July 8, the UN children's agency UNICEF said. AFP Photo.
A Palestinian girl receives medical care at the hospital in Rafah, in the southern Gaza Strip after she was wounded in an Israeli military strike on August 2, 2014. At least 296 Palestinian children aShow more

Nearly 300 Palestinian children killed in Gaza: UN



JERUSALEM // At least 296 Palestinian children and adolescents have been killed since Israel launched its offensive in the Gaza Strip against Hamas on July 8, the United Nations said on Saturday.
"Children make up 30 per cent of the civilian casualties," the UN children's agency Unicef said.
It said the toll was based on deaths which it was able to verify and was likely to rise.
"The number of child casualties during the last 48 hours may rise as a number of incidents are pending verification," the agency said.
Unicef stressed that its figures were "cross-checked to the best extent possible in the current situation ... subject to change based on further verifications."
"Between July 8 and August 2, 2014 (up until 11:00), at least 296 Palestinian children were reported killed as a result of airstrikes and shelling by Israel aerial, naval and ground forces," it said.
The toll breaks down to 187 boys and 109 girls, with at least 203 of them under the age of 12.
More than 1,650 Palestinians in the Gaza enclave have been killed since Israel launched Operation Protective Edge last month, aimed at halting militant rocket fire.
Gazan human rights groups say at least 80 per cent of the more than 1,600 Palestinians killed so far have been non-combatants, including hundreds of children.
More than 8,900 Gazans have been wounded in Israeli attacks.
The UN Human Rights Council last week accused the Israelis of "disproportionate and indiscriminate attacks" and launched an inq
However, Israel's deputy foreign minister said on Saturday that it had evidence that almost half of Palestinians killed were combatants.
"There is research being done in the military, very professionally and reliably, [whose] conclusion is that at least 47 per cent of the fatalities are terrorists, with photographs and names," Tzachi Hanegbi told Israel's Channel Two television, adding that the data would be presented to investigators.
He did not elaborate. Israel rejected the UN Human Rights Council's probe announcement, describing the forum as biased, but usually conducts its own combat inquiries.
Israel says Hamas and other Palestinian guerrillas in Gaza are terrorists and in past conflicts has used broad definitions of combatants – including, for example, Palestinian policemen working for the Hamas administration.
Israel, which has lost 63 soldiers and three civilians to the fighting, also claims that it has done everything possible to avoid harming innocents and that Gaza's dominant Hamas Islamists invite such casualties by operating in densely populated areas.
* Agence France-Presse and Reuters

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Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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Faisal Al Ketbi, Ibrahim Al Hosani, Khalfan Humaid Balhol, Khalifa Saeed Al Suwaidi, Mubarak Basharhil, Obaid Salem Al Nuaimi, Saeed Juma Al Mazrouei, Saoud Abdulla Al Hammadi, Taleb Al Kirbi, Yahia Mansour Al Hammadi, Zayed Al Kaabi, Zayed Saif Al Mansoori, Saaid Haj Hamdou, Hamad Saeed Al Nuaimi. Coaches Roberto Lima and Alex Paz.

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.”

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Opening weekend Premier League fixtures

Weekend of August 10-13

Arsenal v Manchester City

Bournemouth v Cardiff City

Fulham v Crystal Palace

Huddersfield Town v Chelsea

Liverpool v West Ham United

Manchester United v Leicester City

Newcastle United v Tottenham Hotspur

Southampton v Burnley

Watford v Brighton & Hove Albion

Wolverhampton Wanderers v Everton

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

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%3Cp%3E-%20US%20Congress%20is%20divided%20into%20two%20chambers%3A%20the%20House%20of%20Representatives%20and%20Senate%3C%2Fp%3E%0A%3Cp%3E-%20435%20members%20make%20up%20the%20House%2C%20and%20100%20in%20the%20Senate%3C%2Fp%3E%0A%3Cp%3E-%20A%20party%20needs%20control%20of%20218%20seats%20to%20have%20a%20majority%20in%20the%20House%3C%2Fp%3E%0A%3Cp%3E-%20In%20the%20Senate%2C%20a%20party%20needs%20to%20hold%2051%20seats%20for%20control%3C%2Fp%3E%0A%3Cp%3E-%20In%20the%20event%20of%20a%2050-50%20split%2C%20the%20vice%20president's%20party%20retains%20power%20in%20the%20Senate%3C%2Fp%3E%0A
The Cairo Statement

 1: Commit to countering all types of terrorism and extremism in all their manifestations

2: Denounce violence and the rhetoric of hatred

3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC  

4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.

5: Refrain from interfering in the internal affairs of countries and of supporting rogue entities.

6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security

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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