Egypt’s President Abdel Fattah El Sisi has made women's rights a cornerstone of his domestic policy. AP
Egypt’s President Abdel Fattah El Sisi has made women's rights a cornerstone of his domestic policy. AP
Egypt’s President Abdel Fattah El Sisi has made women's rights a cornerstone of his domestic policy. AP
Egypt’s President Abdel Fattah El Sisi has made women's rights a cornerstone of his domestic policy. AP

Is an Egypt-Turkish thaw on the horizon?


Hamza Hendawi
  • English
  • Arabic

Not long ago, regional heavyweights Turkey and Egypt were nearly at the brink of war over the conflict in Libya.

Last summer, Egyptian President Abdel Fatah El Sisi said he was prepared to deploy troops to Libya, where Turkey was backing the Government of National Accord, if the militias took the town of Sirte from the Cairo-supported Libyan National Army and moved towards Egypt’s borders in the east.

But fast forward to March 2021 and the situation is vastly altered.

There is a ceasefire holding in conflict-wracked Libya, a new unity government is in place and the Egyptians are moving ahead with reopening their embassy in Tripoli – the seat of the Ankara-backed Government of National Accord.

Meanwhile, Turkey is sending out a multitude of direct overtures to Egypt, speaking of the cultural and historic ties binding the two Muslim nations. Ankara has highlighted the geostrategic strength they could gain if they buried the hatchet, improved relations and concluded a maritime demarcation deal.

Cairo, however, has made it clear that it is looking for actions not words from Ankara if relations are to improve.

Experts say a Turkish-Egyptian thaw is possible, even if it remains distant for now.

The offer of an olive branch?

Turkish Foreign Minister Mevlut Cavusoglu said “intelligence” and “diplomatic” contacts with Egypt have resumed and praised Cairo for respecting Turkey’s exclusive maritime zone when it announced a tender last month for oil and gas exploration in the East Mediterranean. President Recep Erdogan said if such contacts produced results, they could move to a higher level.

Egypt’s Foreign Minister Sameh Shukry on Sunday confirmed contacts between Cairo and Ankara were taking place but said that dialogue was limited.

"[There is] no communication outside the normal diplomatic framework. If real actions from Turkey show alignment with Egyptian principles and goals then the groundwork will be laid for relations to return to normal," Mr Shoukry told Egyptian lawmakers on Sunday.

His comments echoed a terse but carefully phrased official statement at the weekend that quoted an unnamed “official source” as saying the contacts with Turkey did not amount to a resumption of diplomatic contacts.

For Egypt and Turkey to upgrade their relations, the other party must take note of diplomatic and legal frameworks based on the principle of sovereignty and national Arab security, said the statement.

Turkey must abide by international law and the principles of good neighbourliness and halt attempts at meddling in the domestic affairs of countries in the region in order to have normalised relations with Egypt, it added.

It ended on a somewhat conciliatory note.

“The source has at the same time emphasised the importance of the strong ties and bonds between the peoples of the two nations.”

A decade of animosity

Relations between Egypt and Turkey have been fraught since 2013, when the Egyptian military – then led by Mr El Sisi – removed Turkish ally and Islamist Mohammed Morsi from office amid a wave of street protests demanding an end to his one-year, divisive rule.

Egypt has since accused Turkey of supporting extremist Islamist groups across the region, fuelling instability.

Turkey has been a critic of Mr El Sisi’s government and the preferred home-in-exile for leaders and supporters of the Muslim Brotherhood, the Islamist group from which Morsi hailed and which has been declared a terrorist organisation by Egypt and a number of other countries.

It has also been home since Morsi’s ouster to several television networks that offer a generous dose of biting criticism of Mr El Sisi’s policies. The two countries have also been at loggerheads over what Cairo sees as Ankara’s attempts to muscle in on the natural gas project in the East Mediterranean.

  • President Recep Tayyip Erdogan takes part in a video conference with Turkish drilling vessel 'Fatih' before announcing the biggest natural gas discovery in history, in Istanbul, Turkey. EPA
    President Recep Tayyip Erdogan takes part in a video conference with Turkish drilling vessel 'Fatih' before announcing the biggest natural gas discovery in history, in Istanbul, Turkey. EPA
  • President Recep Tayyip Erdogan takes part in a video conference with Turkish drilling vessel 'Fatih' before announcing the biggest natural gas discovery in history, in Istanbul, Turkey. EPA
    President Recep Tayyip Erdogan takes part in a video conference with Turkish drilling vessel 'Fatih' before announcing the biggest natural gas discovery in history, in Istanbul, Turkey. EPA
  • Turkish Finance Minister Berat Albayrak and Energy Minister Fatih Donmez pose with members of Turkish Petroleum (TPAO) on the deck of drilling vessel Fatih in the western Black Sea, off Turkey. REUTERS
    Turkish Finance Minister Berat Albayrak and Energy Minister Fatih Donmez pose with members of Turkish Petroleum (TPAO) on the deck of drilling vessel Fatih in the western Black Sea, off Turkey. REUTERS
  • Turkish Finance Minister Berat Albayrak and Energy Minister Fatih Donmez pose on the deck of drilling vessel 'Fatih' in the western Black Sea, off Turkey. Reuters
    Turkish Finance Minister Berat Albayrak and Energy Minister Fatih Donmez pose on the deck of drilling vessel 'Fatih' in the western Black Sea, off Turkey. Reuters
  • The Turkish drilling ship, 'Fatih', had been carrying out exploration operations in the Tuna-1 sector in the western Black Sea for the past month. Reuters
    The Turkish drilling ship, 'Fatih', had been carrying out exploration operations in the Tuna-1 sector in the western Black Sea for the past month. Reuters
  • President Recep Tayyip Erdogan said the natural gas reserve, at 320 billion cubic metres, is the biggest in Turkish history. EPA
    President Recep Tayyip Erdogan said the natural gas reserve, at 320 billion cubic metres, is the biggest in Turkish history. EPA
  • Turkey's President Tayyip Erdogan addresses the nation. Reuters
    Turkey's President Tayyip Erdogan addresses the nation. Reuters
  • Turkey aims to bring the find to use in 2023 and to become a net energy exporter, Mr Erdogan said. EPA
    Turkey aims to bring the find to use in 2023 and to become a net energy exporter, Mr Erdogan said. EPA
  • The announcement comes as tensions between Turkey and Greece, and EU nations, are running high over oil and gas exploration in disputed waters in the eastern Mediterranean. Reuters
    The announcement comes as tensions between Turkey and Greece, and EU nations, are running high over oil and gas exploration in disputed waters in the eastern Mediterranean. Reuters
  • Mr Erdogan listens to Finance Minister Berat Albayrak and Energy Minister Fatih Donmez on a live video feed about the find. Reuters
    Mr Erdogan listens to Finance Minister Berat Albayrak and Energy Minister Fatih Donmez on a live video feed about the find. Reuters
  • People watch the TV at a coffee house while Turkish President Recep Tayyip Erdogan announces the biggest natural gas discovery in history in Istanbul, Turkey. EPA
    People watch the TV at a coffee house while Turkish President Recep Tayyip Erdogan announces the biggest natural gas discovery in history in Istanbul, Turkey. EPA
  • People watch the at a cafe TV while Turkish President Recep Tayyip Erdogan announces the biggest natural gas discovery in history in Istanbul, Turkey. EPA
    People watch the at a cafe TV while Turkish President Recep Tayyip Erdogan announces the biggest natural gas discovery in history in Istanbul, Turkey. EPA

Cairo took a dim view of what it saw as Ankara’s attempts to expand its sphere of influence in the region, partially to isolate Egypt.

It has aired its alarm that Turkish forces have, in recent years, been stationed or operated in Libya, Syria, Iraq, Qatar and Somalia.

Curiously, the two nations have not allowed their differences to impact their trade ties, which have steadily grown over the years.

The region, however, is undergoing a rapid shift in geopolitical dynamics that raises the prospect for a possible Egyptian-Turkish thaw that could have far-reaching repercussions in the Middle East.

The changes could also bring about an orderly and legitimate participation by Turkey in ambitious plans spearheaded by Egypt, Greece, Israel and Cyprus to create a lucrative energy hub in the East Mediterranean following massive natural gas finds.

When words don’t amount to much action

“There is a history of overtures from Turkey over recent years, but they don’t include the necessary conditionality,” said Mohamed Anis Salem, a former Egyptian ambassador and UN official.

“No self-respecting nation will stay silent while Turkey does what it does,” he said, referring to the Turkish-based television networks virtually dedicated to attacking Mr El Sisi’s policies or inciting unrest.

Other Egyptian commentators took an uncompromisingly hardline approach to the Turkish overtures.

“We should not fall for this Turkish ploy,” said Imad Adeeb, a veteran Egyptian analyst widely viewed as the pioneer of television talk shows in the Arab world. “Pick up the phone and call the [Cairo presidential] Ittihadiya Palace and say ‘my name is Recep Erdogan and I would like to have an appointment to speak to the president of the Arab Republic of Egypt … so I can apologise to him and start a new page’,” Mr Adeeb counselled the Turkish leader.

It is not likely that Mr Erdogan will make such a call.

“I regret to say that the chances of Ankara changing its policies towards Egypt are almost nil while President Erdogan is in office,” former Egyptian ambassador and analyst Ramzy Ezzeldin Ramzy wrote prophetically late last year.

“The animosity he feels towards Egypt has personal dimensions that are unrelated to Turkey’s real interests. But President Erdogan is known to be a pragmatic politician who’s ready to reconsider his policies when faced with challenges he cannot overcome.”

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

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Tips to stay safe during hot weather
  • Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
  • Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
  • Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
  • Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
  • Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
  • Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
  • Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
Five hymns the crowds can join in

Papal Mass will begin at 10.30am at the Zayed Sports City Stadium on Tuesday

Some 17 hymns will be sung by a 120-strong UAE choir

Five hymns will be rehearsed with crowds on Tuesday morning before the Pope arrives at stadium

‘Christ be our Light’ as the entrance song

‘All that I am’ for the offertory or during the symbolic offering of gifts at the altar

‘Make me a Channel of your Peace’ and ‘Soul of my Saviour’ for the communion

‘Tell out my Soul’ as the final hymn after the blessings from the Pope

The choir will also sing the hymn ‘Legions of Heaven’ in Arabic as ‘Assakiroo Sama’

There are 15 Arabic speakers from Syria, Lebanon and Jordan in the choir that comprises residents from the Philippines, India, France, Italy, America, Netherlands, Armenia and Indonesia

The choir will be accompanied by a brass ensemble and an organ

They will practice for the first time at the stadium on the eve of the public mass on Monday evening 

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The specs: Rolls-Royce Cullinan

Price, base: Dh1 million (estimate)

Engine: 6.75-litre twin-turbo V12

Transmission: Eight-speed automatic

Power: 563hp @ 5,000rpm

Torque: 850Nm @ 1,600rpm

Fuel economy, combined: 15L / 100km

LA LIGA FIXTURES

Friday (UAE kick-off times)

Levante v Real Mallorca (12am)

Leganes v Barcelona (4pm)

Real Betis v Valencia (7pm)

Granada v Atletico Madrid (9.30pm)

Sunday

Real Madrid v Real Sociedad (12am)

Espanyol v Getafe (3pm)

Osasuna v Athletic Bilbao (5pm)

Eibar v Alaves (7pm)

Villarreal v Celta Vigo (9.30pm)

Monday

Real Valladolid v Sevilla (12am)

 

TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%208
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2041mm%2C%20352%20x%20430%3B%2045mm%2C%20396%20x%20484%3B%20Retina%20LTPO%20OLED%2C%20up%20to%201000%20nits%2C%20always-on%3B%20Ion-X%20glass%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20S8%2C%20W3%20wireless%2C%20U1%20ultra-wideband%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%2032GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%201GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20watchOS%209%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EHealth%20metrics%3A%3C%2Fstrong%3E%203rd-gen%20heart%20rate%20sensor%2C%20temperature%20sensing%2C%20ECG%2C%20blood%20oxygen%2C%20workouts%2C%20fall%2Fcrash%20detection%3B%20emergency%20SOS%2C%20international%20emergency%20calling%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20GPS%2FGPS%20%2B%20cellular%3B%20Wi-Fi%2C%20LTE%2C%20Bluetooth%205.3%2C%20NFC%20(Apple%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP6X%2C%20water%20resistant%20up%20to%2050m%2C%20dust%20resistant%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%20308mAh%20Li-ion%2C%20up%20to%2018h%2C%20wireless%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20eSIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFinishes%3A%3C%2Fstrong%3E%20Aluminium%20%E2%80%93%20midnight%2C%20Product%20Red%2C%20silver%2C%20starlight%3B%20stainless%20steel%20%E2%80%93%20gold%2C%20graphite%2C%20silver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Watch%20Series%208%2C%20magnetic-to-USB-C%20charging%20cable%2C%20band%2Floop%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Starts%20at%20Dh1%2C599%20(41mm)%20%2F%20Dh1%2C999%20(45mm)%3C%2Fp%3E%0A
Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

Expert input

If you had all the money in the world, what’s the one sneaker you would buy or create?

“There are a few shoes that have ‘grail’ status for me. But the one I have always wanted is the Nike x Patta x Parra Air Max 1 - Cherrywood. To get a pair in my size brand new is would cost me between Dh8,000 and Dh 10,000.” Jack Brett

“If I had all the money, I would approach Nike and ask them to do my own Air Force 1, that’s one of my dreams.” Yaseen Benchouche

“There’s nothing out there yet that I’d pay an insane amount for, but I’d love to create my own shoe with Tinker Hatfield and Jordan.” Joshua Cox

“I think I’d buy a defunct footwear brand; I’d like the challenge of reinterpreting a brand’s history and changing options.” Kris Balerite

 “I’d stir up a creative collaboration with designers Martin Margiela of the mixed patchwork sneakers, and Yohji Yamamoto.” Hussain Moloobhoy

“If I had all the money in the world, I’d live somewhere where I’d never have to wear shoes again.” Raj Malhotra

AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

The lowdown

Badla

Rating: 2.5/5

Produced by: Red Chillies, Azure Entertainment 

Director: Sujoy Ghosh

Cast: Amitabh Bachchan, Taapsee Pannu, Amrita Singh, Tony Luke

UAE currency: the story behind the money in your pockets
UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Bio

Age: 25

Town: Al Diqdaqah – Ras Al Khaimah

Education: Bachelors degree in mechanical engineering

Favourite colour: White

Favourite place in the UAE: Downtown Dubai

Favourite book: A Life in Administration by Ghazi Al Gosaibi.

First owned baking book: How to Be a Domestic Goddess by Nigella Lawson.

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Dubai World Cup factbox

Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)

Most wins by a jockey: Jerry Bailey(4)

Most wins by an owner: Godolphin(9)

Most wins by a horse: Godolphin’s Thunder Snow(2)

The Bio

Amal likes watching Japanese animation movies and Manga - her favourite is The Ancient Magus Bride

She is the eldest of 11 children, and has four brothers and six sisters.

Her dream is to meet with all of her friends online from around the world who supported her work throughout the years

Her favourite meal is pizza and stuffed vine leaves

She ams to improve her English and learn Japanese, which many animated programmes originate in

Representing%20UAE%20overseas
%3Cp%3E%0DIf%20Catherine%20Richards%20debuts%20for%20Wales%20in%20the%20Six%20Nations%2C%20she%20will%20be%20the%20latest%20to%20have%20made%20it%20from%20the%20UAE%20to%20the%20top%20tier%20of%20the%20international%20game%20in%20the%20oval%20ball%20codes.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESeren%20Gough-Walters%20(Wales%20rugby%20league)%3C%2Fstrong%3E%0D%3Cbr%3EBorn%20in%20Dubai%2C%20raised%20in%20Sharjah%2C%20and%20once%20an%20immigration%20officer%20at%20the%20British%20Embassy%20in%20Abu%20Dhabi%2C%20she%20debuted%20for%20Wales%20in%20rugby%20league%20in%202021.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESophie%20Shams%20(England%20sevens)%3C%2Fstrong%3E%0D%3Cbr%3EWith%20an%20Emirati%20father%20and%20English%20mother%2C%20Shams%20excelled%20at%20rugby%20at%20school%20in%20Dubai%2C%20and%20went%20on%20to%20represent%20England%20on%20the%20sevens%20circuit.%20%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EFiona%20Reidy%20(Ireland)%3C%2Fstrong%3E%0D%3Cbr%3EMade%20her%20Test%20rugby%20bow%20for%20Ireland%20against%20England%20in%202015%2C%20having%20played%20for%20four%20years%20in%20the%20capital%20with%20Abu%20Dhabi%20Harlequins%20previously.%0D%3C%2Fp%3E%0A
Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital