President Sheikh Mohamed will begin an official visit to Russia on Monday, during which he will hold talks with President Vladimir Putin.
The leaders will review efforts to strengthen ties in various sectors, including the economy, trade, investment and energy, state news agency Wam reported.
Their discussions will be held as part of the strategic partnership between the countries. Sheikh Mohamed and Mr Putin are also set to explore regional and international issues of mutual concern.
While in Russia, Sheikh Mohamed will also take part in the 16th Brics summit, being hosted in Kazan from October 22 to 24. It will be the UAE’s first participation in the summit as a member of the organisation.
The UAE, Saudi Arabia, Egypt, Iran, Ethiopia and Argentina were invited to be part of an expanded bloc, initially made up of Brazil, Russia, India, China and South Africa, in August 2023 before joining on January 1.
The body was formed in 2009 to serve and promote the interests of the world's leading developing nations. It is viewed by some as an alternative to the firmly established G7 group of developed countries.
Deep-rooted ties
Sheikh Mohamed's visit to Russia is in support of efforts to bolster long-standing links between the countries.
Mr Putin met Sheikh Mohamed during a state visit to the Emirates in December. During a meeting at Qasr Al Watan in Abu Dhabi, they discussed issues of mutual interest, including the conflicts in Gaza and Ukraine.
The two men met in St Petersburg in June last year as part of Sheikh Mohamed's working visit to Russia, which coincided with the St Petersburg International Economic Forum.
The UAE is Russia’s largest Gulf trading partner, accounting for 55 per cent of total Russian-Gulf trade.
Trade between the countries continues to grow, reaching nearly $10 billion, Russian Foreign Minister Sergey Lavrov said last September.
Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
Profile of Tamatem
Date started: March 2013
Founder: Hussam Hammo
Based: Amman, Jordan
Employees: 55
Funding: $6m
Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media
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Gulf rugby
Who’s won what so far in 2018/19
Western Clubs Champions League: Bahrain
Dubai Rugby Sevens: Dubai Hurricanes
West Asia Premiership: Bahrain
What’s left
UAE Conference
March 22, play-offs:
Dubai Hurricanes II v Al Ain Amblers, Jebel Ali Dragons II v Dubai Tigers
March 29, final
UAE Premiership
March 22, play-offs:
Dubai Exiles v Jebel Ali Dragons, Abu Dhabi Harlequins v Dubai Hurricanes
March 29, final
Napoleon
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Ridley%20Scott%3Cbr%3E%3Cstrong%3EStars%3C%2Fstrong%3E%3A%20Joaquin%20Phoenix%2C%20Vanessa%20Kirby%2C%20Tahar%20Rahim%3Cbr%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%202%2F5%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
The Light of the Moon
Director: Jessica M Thompson
Starring: Stephanie Beatriz, Michael Stahl-David
Three stars
