DUBAI: The first Middle East SALT conference — the global thought leadership platform run by former White House communications director Anthony Scaramucci — kicks off in the UAE capital Abu Dhabi on Tuesday.
Some 1,000 leaders from the worlds of investment, finance and policymaking will gather at the city’s financial hub, the Abu Dhabi Global Market (ADGM), for the two-day event, billed as a “Davos style” forum intended to “foster collaboration at the intersection of finance, technology and geopolitics.”
Scaramucci, who launched the event in 2009 under the auspices of his investment business Skybridge Alternatives, told Arab News that there will be a “phenomenal group of people” at the event, which combines onstage presentations, one-to-one “bilaterals” and networking for some of the leading business and technology thinkers in the world.
“It’s through conversations like these that we can create greater cross-cultural understanding and begin to solve the world’s most pressing problems,” he said.
The big annual meeting is held in Last Vegas each year, but spin-off events have been held in Tokyo and Singapore.
The event will have a strongly regional flavor, with Saudi Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies, being joined by ADGM Chairman Ahmed Al-Sayegh and Khaldoon Al-Mubarak, managing director and group CEO of the Mubadala Investment Co., both of the UAE.
Al-Sayegh said: “The UAE’s robust economic environment, comprehensive industry offerings and sound political stability continue to uphold the nation’s stature as one of the most preferred investment destinations in the world.”
He added: “The SALT Abu Dhabi conference opens up a new window for global businesses and policymakers to gain new insights of what Abu Dhabi and the UAE have to offer now and in the long term.”
Among the foreign thought leaders attending the event are Gen. John F Kelly, former White House chief of staff, and Matteo Renzi, former prime minister of Italy.
“The future of US-Arab relations” will be the topic of a panel discussion on Monday. The session, to be moderated by Arab News Editor in Chief Faisal J. Abbas, will feature Richard Haass, president of the Council on Foreign Relations; Norman Roule, CEO of Pharos Strategic Consulting LLC; and Dania Koleilat Khatib, affiliated scholar at the Issam Fares Institute.
On the same day, another panel discussion — featuring Renzi and Phillip Hammond, former chancellor of the British Exchequer, and moderated by Gideon Rachman, chief foreign affairs commentator at the Financial Times — will address “the future of Europe.”
The delegates will be keen to hear Scaramucci’s latest view on the political situation in the US.
He has been one of the fiercest critics of the presidency of Donald Trump, and is leading a campaign to persuade other members of the Republican Party to choose another contender for next year’s presidential election.
“Given his rank lawlessness and criminal activity, the lack of resistance in the Republican Party to him tells you a lot about the hypocrisy in America today,” Scaramucci said.
“He has clearly broken the law, but he has a group of sycophants and acolytes who won’t condemn what he’s doing,” he added.
“I just think he’s the wrong leader for the US. Our system is supposed to ensure that everyone is subject to the law. The president is supposed to serve, not rule. I think the guy is a traitor.”
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SALT Abu Dhabi: Where finance, technology, geopolitics meet
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SALT Abu Dhabi: Where finance, technology, geopolitics meet
- Conference run by ex-White House communications chief Anthony Scaramucci comes to the Middle East
- Platform aims to arrange conversations that can create greater cross-cultural understanding
Israeli cabinet approves West Bank land registration, Palestinians condemn ‘de-facto annexation’
JERUSALEM: Israel’s cabinet on Sunday approved further measures to tighten Israel’s control over the occupied West Bank and make it easier for settlers to buy land, in a move Palestinians called “a de-facto annexation.”
The West Bank is among the territories that the Palestinians seek for a future independent state. Much of it is under Israeli military control, with limited Palestinian self-rule in some areas run by the Western-backed Palestinian Authority (PA).
Israeli Prime Minister Benjamin Netanyahu, who is facing an election later this year, deems the establishment of any Palestinian state a security threat.
His ruling coalition includes many pro-settler members who want Israel to annex the West Bank, land captured in the 1967 Middle East war to which Israel cites biblical and historical ties.
Ministers voted in favor of beginning a process of land registration for the first time since 1967.
“We are continuing the revolution of settlement and strengthening our hold across all parts of our land,” said Finance Minister Bezalel Smotrich, a far-right member of Netanyahu’s government.
Defense Minister Israel Katz said land registration was a vital security measure designed to ensure control, enforcement, and full freedom of action for Israel in the area to protect its citizens and safeguard national interests.
The cabinet said in a statement registration was an “appropriate response to illegal land registration processes promoted by the Palestinian Authority,” and would end disputes.
The PA presidency rejected the cabinet’s decision, saying it constitutes “a de-facto annexation of occupied Palestinian territory and a declaration of the commencement of annexation plans aimed at entrenching the occupation through illegal settlement activity.”
US President Donald Trump has ruled out Israeli annexation of the West Bank but his administration has not sought to curb Israel’s accelerated settlement building, which the Palestinians say denies them a potential state by eating away at its territory.
The United Nations’ highest court said in a non-binding advisory opinion in 2024 that Israel’s occupation of Palestinian territories and settlements there are illegal and should be ended as soon as possible. Israel disputes this view, saying it has historical and biblical ties to the land.
The land registration adds to a series of measures taken earlier this month to expand control.
The West Bank is among the territories that the Palestinians seek for a future independent state. Much of it is under Israeli military control, with limited Palestinian self-rule in some areas run by the Western-backed Palestinian Authority (PA).
Israeli Prime Minister Benjamin Netanyahu, who is facing an election later this year, deems the establishment of any Palestinian state a security threat.
His ruling coalition includes many pro-settler members who want Israel to annex the West Bank, land captured in the 1967 Middle East war to which Israel cites biblical and historical ties.
Ministers voted in favor of beginning a process of land registration for the first time since 1967.
“We are continuing the revolution of settlement and strengthening our hold across all parts of our land,” said Finance Minister Bezalel Smotrich, a far-right member of Netanyahu’s government.
Defense Minister Israel Katz said land registration was a vital security measure designed to ensure control, enforcement, and full freedom of action for Israel in the area to protect its citizens and safeguard national interests.
The cabinet said in a statement registration was an “appropriate response to illegal land registration processes promoted by the Palestinian Authority,” and would end disputes.
The PA presidency rejected the cabinet’s decision, saying it constitutes “a de-facto annexation of occupied Palestinian territory and a declaration of the commencement of annexation plans aimed at entrenching the occupation through illegal settlement activity.”
US President Donald Trump has ruled out Israeli annexation of the West Bank but his administration has not sought to curb Israel’s accelerated settlement building, which the Palestinians say denies them a potential state by eating away at its territory.
The United Nations’ highest court said in a non-binding advisory opinion in 2024 that Israel’s occupation of Palestinian territories and settlements there are illegal and should be ended as soon as possible. Israel disputes this view, saying it has historical and biblical ties to the land.
The land registration adds to a series of measures taken earlier this month to expand control.
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