Sports Academy in Egypt Gives Syrian Children Hope

Syrian refugee Amir al-Awad (white), the co-founder of the Syrian Sports Academy, watches as students train at the academy in Alexandria, Egypt. (Getty Images)
Syrian refugee Amir al-Awad (white), the co-founder of the Syrian Sports Academy, watches as students train at the academy in Alexandria, Egypt. (Getty Images)
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Sports Academy in Egypt Gives Syrian Children Hope

Syrian refugee Amir al-Awad (white), the co-founder of the Syrian Sports Academy, watches as students train at the academy in Alexandria, Egypt. (Getty Images)
Syrian refugee Amir al-Awad (white), the co-founder of the Syrian Sports Academy, watches as students train at the academy in Alexandria, Egypt. (Getty Images)

When Amir al-Awad fled Syria for Egypt, he intended to cross the Mediterranean for a European country.

But instead, the boyhood Syrian wrestling champion opted against the risky sea journey and found work at a restaurant in Alexandria, where he was introduced to the city's Syrian community, reported Agence France-Presse on Tuesday.

Together they established the Syrian Sports Academy, and he replaced his dream of an Olympic medal with a goal to "create champions from the young refugees" from his country, says Awad.

This was "so that one day they will be able to raise their flag as we have in the past after they return to Syria," says the 34-year-old.

The academy is squeezed into just 30 square meters (320 square feet), in a modestly equipped hall at the bottom of a residential building in the Alexandria neighborhood of Khaled bin al-Waleed.

Inside, Syrian children aged of seven to 10 dressed in T-shirts and jeans form a line after arriving at the end of a school day.

"Let's go, guys, so you have enough time to study," Awad yells in encouragement, as he moves on to coaching them wrestling.

With a small administrative office, and the lone training hall, Syrian youngsters practice martial arts, aerobics, ballet, and gymnastics.

In addition, the academy organizes football tournaments, especially for Arab and African refugees in the city.

On its aging walls hang pictures of international martial arts and weightlifting champions.

The academy's founders began the project in 2016 with just 3,000 Egyptian pounds (about $430 at the time), said AFP.

The financing came from the United Nations High Commissioner for Refugees, which provided 25 percent used to buy equipment, and the rest from the Caritas humanitarian group.

"We prepared the training hall step by step, including paint and design," says Awad.

The academy's growing reputation in the neighborhood drove Egyptian parents to also enroll their children there.

"We're keen to teach the children sports ethics: to learn how to win and how to lose, which helps them in their life, instead of giving in to a bad lifestyle," he says.

Karima Amer, an Egyptian mother from Khaled bin al-Waleed neighborhood, cited "discipline" as the reason she takes her son and daughter to the academy.

She praised "Captain Amir" and how he "talks with the children about everything: their problems, food, and ethics".

Adel Bazmawi, 21, a co-founder and coach, says he transitioned from a professional wrestling to coaching martial arts after coming to Egypt from Idlib in 2013.

"In Egypt I'm not recognized as a wrestler who can participate in international competitions" given he does not carry the Egyptian nationality, says Bazmawi, who was Syria's freestyle wrestling champion for his age in 2006 and 2008.

Now "the most I can do is to fight in local clubs," he says.

On the other hand, in addition to Alexandria, he says he has become known in other cities, including the Nile Delta provincial capitals of Tanta and Kafr el-Sheikh.

Still, he says "I miss international competitions".

Even after receiving invitations to tournaments in Canada and Germany in 2015, he was unable to go because "Syrian nationality has become an obstacle to obtaining visas to European countries."

There are more than 126,000 UN-registered Syrian refugees in Egypt, but the real figure is thought to be much higher.

Bazmawi, who did not complete his studies in sports education because of the devastating seven-year war in his homeland, helps his family to prepare Syrian shawarma at a restaurant close to the academy.

Those who train the youths go unpaid, something that is unavoidable given that 75 percent of the children are exempt from fees.

"The academy's goal is to be developmental, and not to make a profit," says Awad.

But older youths pay a "token" fee, up to 100 pounds a month, which the academy uses to pay electricity bills and rent, he says.

As busy as they are, Awad says his team "aren't able to compete in various tournaments because of their Syrian nationality," while to participate they need to officially register the academy.

On several occasions, they even had to cancel some activities on police orders, and they lack the licenses for gatherings, he says.

But for Karim Jalal al-Deen, 10, the academy is a place to nurture his dream of going back to Syria one day after perfecting kickboxing.

"I want to go back to Syria as a champion, and beat Captain Adel, and I might even be a kickboxing coach myself."



Some European Firms Retreat from Israel-Linked Finance amid War Pressure

 An Israeli national flag flies over a city highway during rush hour, amid the ongoing conflict in Gaza between Israel and Hamas, in Tel Aviv, Israel, November 4, 2024. (Reuters)
An Israeli national flag flies over a city highway during rush hour, amid the ongoing conflict in Gaza between Israel and Hamas, in Tel Aviv, Israel, November 4, 2024. (Reuters)
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Some European Firms Retreat from Israel-Linked Finance amid War Pressure

 An Israeli national flag flies over a city highway during rush hour, amid the ongoing conflict in Gaza between Israel and Hamas, in Tel Aviv, Israel, November 4, 2024. (Reuters)
An Israeli national flag flies over a city highway during rush hour, amid the ongoing conflict in Gaza between Israel and Hamas, in Tel Aviv, Israel, November 4, 2024. (Reuters)

Several of Europe's biggest financial firms have cut back their links to Israeli companies or those with ties to the country, a Reuters analysis of filings shows, as pressure mounts from activists and governments to end the war in Gaza.

While banks and insurers are often vocal about their environmental and governance aims, they are less forthcoming about disclosing their potential exposure to war.

UniCredit put Israel on a "forbidden" list as the conflict escalated in October last year, said a source familiar with the matter, confirming a study by Dutch NGO PAX.

While in line with the Italian bank's defense-sector policy of not directly financing arms exports to any country involved in conflict, it goes beyond Italy's guidelines on arms exports to Israel.

UniCredit declined to comment on its move and the Israeli finance ministry also declined to comment.

Meanwhile, Norwegian asset manager Storebrand and French insurer AXA have sold shares of some Israeli firms, including banks.

Although corporate filings offer only a glimpse into such exposures, they show companies have been readjusting.

"We don't know whether this represents the beginning of a shift in the industry, one that recognizes the power banks have in choosing where to allocate capital, and where not," said Martin Rohner, executive director at the Global Alliance for Banking on Values, which focuses on sustainable financing.

"Investing in the production and trade of weapons is fundamentally opposed to the principles of sustainable development," Rohner added.

Israeli Finance Minister Bezalel Smotrich told a press briefing last week that although there are challenges to Israel's economy, firms are still raising money. "I sit with foreign investors and they believe in our economy," he said.

Reuters has reported that Israel's investor base has narrowed since it entered Gaza last year in response to attacks by Hamas, and it is feeling the effects of rising borrowing costs.

The potential wider effects can be seen in the approach taken by Storebrand, which a filing showed divested a holding worth about $24 million in Palantir, citing the risk of violations of international humanitarian law and human rights.

US group Palantir, which provides technology to Israel's military, did not respond to a request for comment.

Storebrand's annual investment review said that, as of the end of 2023, it had excluded 24 firms, including Israeli companies, across its portfolios in relation to the occupation of Palestinian territories.

The International Court of Justice, the United Nations' highest court, ruled in January of plausible risk of irreparable harm to Palestinian rights to be protected from genocide.

The same court said in July that Israel's occupation of Palestinian territories including the settlements is illegal.

Israel has rejected the rulings, which combined with growing pressure from activists and governments, are nevertheless having an impact on investment decisions.

AXA, one of Europe's largest insurers, British bank Barclays and German insurer Allianz have increasingly been targeted by campaigners.

"Increasing demand for greater transparency and scrutiny can only mean that financial institutions will intensify and broaden their self-assessment of their commercial associations with arms-related businesses or states," said David Kinley, professor and chair of human rights law at the Sydney law school.

The Ireland Strategic Investment Fund (ISIF) has exited six Israeli companies, selling holdings which amounted to about 3 million euros ($3.26 million), including some of Israel's largest banks, a spokesperson told Reuters.

Earlier this year, the 15-billion-euro Irish fund said that the risk profile of such investments were no longer within its investment parameters.

And Norway's $1.8 trillion wealth fund, the world's biggest, may divest shares of companies that aid Israel's operations in the occupied Palestinian territories which violate its ethics standards for businesses.

WAR EXPOSURE

Investments in Israeli banks are also under scrutiny.

The UN included them in 2020 in a list of companies with ties to settlements in the occupied Palestinian territories as part of its mission to review the implications on Palestinian rights.

A study by research firm Profundo, commissioned by corporate watchdog Ekō, shows that AXA sold almost all of its holdings in Israeli banks stocks earlier this year, retaining only a marginal stake in Bank Leumi.

Reuters verified the data with LSEG. A representative for Bank Leumi did not respond to a request for comment.

A spokesperson for AXA declined to comment on whether AXA had cut its holdings, adding that it is not invested in the banks targeted by activists. The UN list is among the criteria AXA takes into account for investment decisions, they added.

'A CLEAR LINE'

Foreign direct investment into Israel fell by 29% in 2023 to its lowest since 2016, UN Trade and Development data shows.

While UNCTAD 2024 figures are not available, credit ratings agencies have flagged the war's unpredictable impact on investment in Israel as a concern.

Although the US remains Israel's biggest military and financial backer, Spain, Ireland and Norway have recognized a Palestinian state, French President Emmanuel Macron has called for an arms export halt and Britain has suspended some licenses.

When it comes to international politics, "it should be down to the governments to take a clear line," said Richard Portes, professor of economics at London Business School, adding: "To put the burden on the private firms, where does this end?"

In an example of how activists are targeting companies directly, Barclays came under pressure from a campaign in Britain, prompting it to withdraw sponsorship from summer music festivals, while the Financial Times reported in August that it considered pulling out of an Israeli government bond sale.

Barclays said in a statement that it remained "fully committed" to its role as a primary dealer and that such activities fluctuated each quarter. The bank fell out of the top five dealers of Israeli bonds in the second and third quarters, after ranking third in 2023.