Live updates: follow the latest news on Russia-Ukraine
Dr Anwar Gargash, diplomatic adviser to President Sheikh Khalifa, said the UAE would stand firm in its rejection of "military solutions" in Ukraine and called for a diplomatic resolution to the unfolding crisis.
Scores of civilian and military casualties have been reported after Russian forces entered Ukraine on Thursday.
More than 100,000 people have fled to neighbouring countries as Ukrainian cities including the capital, Kiev, came under attack.
In a Twitter post on Sunday, Dr Gargash said the world was "facing a difficult test" and stressed the need to avoid further violence.
He underlined the importance of "encouraging all parties" to use diplomatic means to negotiate an end to the conflict.
"The world is facing a difficult test and severe polarisation imposed by the Ukrainian crisis, which threatens the foundations of the international community and increases the factors of instability," Dr Gargash wrote.
"From our experience in a region full of crises, we believe that political solutions and creating balances that enhance security and stability are the best way to confront crises and limit their effects.
"The UAE's position is firm on the basic principles of the United Nations, international law, state sovereignty, and its rejection of military solutions.
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Ukrainian fighters test an automatic grenade launcher taken from a destroyed Russian infantry vehicle in Kharkiv. AFP -

Refugees from Ukraine rest after arriving at a railway station in Przemysl, Poland. AP -

People walk down 17th June Street in Berlin before a rally against Russia’s invasion of Ukraine. AP -

Vitali Klitschko, Mayor of Kiev and former heavyweight boxing champion, right, and his brother, Wladimir. AP -

Khreshchatyk, Kiev’s main street, lies empty as a curfew comes into effect. AP -

Ukrainian President Volodymyr Zelenskyy speaks to the nation from Kiev. AP -

On February 27, the seventh anniversary of the assassination of opposition leader Boris Nemtsov, a note stating ‘No to war!’ is placed among flowers on the central Moscow bridge on which he was shot. AFP -

A member of the Ukrainian forces, wearing the Guy Fawkes mask popularised by Anonymous, patrols central Kiev. AFP -

Sviatoslav Yurash, 26, a politician from President Volodymyr Zelenskyy’s Servant of the People party, poses with his assault rifle as he patrols Kiev. AFP -

A Ukrainian serviceman and his dog look at smoke from a burning fuel storage depot after a Russian missile attack near Kiev. EPA -

A refugee who fled conflict in Ukraine rests at a railway station after arriving in Zahony, Hungary. AP -

A refugee boy who fled Ukraine cries at the railway station in Zahony, Hungary. AP -

Civil defence members eat during a break at City Hall in Kiev. AP -

An Indian student is embraced by his family at Chennai Airport after returning from Ukraine. EPA -

Smoke is seen rising from behind buildings following bombings in Kiev. Getty -

An armed civil defence woman holds a Kalashnikov assault rifle while patrolling an empty street in Kiev. AP -

A woman fleeing from Ukraine cries as she waits to be taken to a shelter in Zahony, Hungary. Reuters -

Ukrainian refugees cross the Romanian border at Siret, northern Romania. EPA -

A residential building damaged by shelling in Kharkiv, north-eastern Ukraine. AFP -

Apartments damaged by shelling in Kharkiv. AFP -

A girl protests against Russia's military operation in Ukraine, in front of the Russian embassy in Tel Aviv. AFP -

Young women protest in Tbilisi, Georgia with their hands painted in the colors of the Ukrainian flag. Getty -

Supplies for Ukrainian refugees at one of three camps set up at the MoldExpo exhibition center, in Chisinau, Moldova. EPA -

Police detain a demonstrator during a protest against Russia's incursion into Ukraine in St Petersburg. AP -

A man waits at a bus stop in St Petersburg, which has been with a painted in the colours of Ukraine's national flag. EPA -

Russian ground forces approaching Nova Kakhovka, southern Ukraine. AP -

A woman holds her daughter's hand as they arrive by bus from the Polish-Ukrainian border. Getty -

A man drives his car full of food supplies to deliver to the Ukrainian side of the border, where thousands wait to enter Poland. Getty -

Refugees arrive with buses from the Medyka pedestrian border crossing, in Przemsyl, eastern Poland. AFP -

People gather to catch a train and leave Ukraine for neighboring countries at the railway station in Lviv, western Ukraine. AP -

Cars form a line that stretches 35 kilometres from the Shehyni border crossing to Poland as people try to flee Russia's military operation against Ukraine. Reuters -

Helena, right, and her brother Bodia, left, from Lviv, wait at the Medyka border crossing in eastern Poland. AFP -

A Ukrainian soldier walks past debris of a burning military truck, on a street in Kiev. AP -

People run for cover during the shelling on the city of Kiev. AP -

A child refugee who fled the conflict in Ukraine covers her face in the event hall of a hotel offering shelter in Siret, Romania. AP -

Ukrainian President Volodymyr Zelenskyy holding a briefing in Kyiv. He said that Azerbaijan's President Ilham Aliyev and Turkey's Recep Tayyip Erdogan have suggested talks with Russia, which 'can only be welcomed'. AFP -

Ukraine's ambassador to the US, Oksana Markarova, at a news conference in the embassy of Ukraine, Washington. AP -

Manchester City footballers wear t-shirts in support of Ukraine before a match. Reuters -

Ukrainian refugees arrive in Warsaw by train from Kiev. EPA -

A woman waves a Ukrainian flag during a rally in Times Square, New York City. AFP -

A man sits next to his dogs in an underground car park turned into a bomb shelter during an air raid alert in Kiev. AP -

A woman sleeps on chairs in a Kiev bomb shelter. AP -

A satellite image with overlaid graphics shows military vehicles alongside the Chernobyl Nuclear Power Plant. Reuters -

A satellite image shows the effects of shelling in open fields along Soborna Street in the north-east suburbs of Kharkiv. Reuters -

A big fire at a petroleum storage depot after a Russian missile attack, in Vasylkiv, near Kiev. EPA -

Ukrainian servicemen take positions at a military airbase in the Kyiv region. Reuters
"We believe that alignment and positioning will only lead to more violence, and in the Ukrainian crisis, our priorities are to encourage all parties to adopt diplomacy and negotiate to find a political settlement that ends this crisis."
The Ministry of Foreign Affairs and International Co-operation said it was particularly alarmed about "the consequences for civilians present in Ukraine, as well as for the region, and for the international community".
In a statement on Saturday, the ministry called on all parties to respect international humanitarian law, prioritise the protection of civilians, and allow the unhindered delivery of humanitarian assistance.
Lana Nusseibeh, the Emirates' Permanent Representative to the UN, told the Security Council on Friday that the UAE was ready to work with fellow members to achieve de-escalation and a cessation of hostilities.
"Throughout this crisis, my country has consistently called for de-escalation and dialogue; we placed great hope in the various diplomatic initiatives and channels aimed at resolving the crisis. Those calls reflected our alarm at the consequences for civilians present in Ukraine, as well as for the region, and for the international community," Ms Nusseibeh said after the council voted on a draft resolution calling for Russia to withdraw its forces.
Russia vetoed the resolution, while 11 members voted in favour. The UAE, along with India and China, abstained as the resolution was defeated, which Ms Nusseibeh said was a "foregone conclusion".
“The result of this vote today was a foregone conclusion, but the avenues for dialogue must remain open more urgently than ever before, and we must pursue them together,” she said.
“Being from the Middle East, we are intimately aware of the critical importance of a stable regional security environment, and of de-escalation, diplomacy, and dialogue. Similarly, we understand from experience the need for inclusive and consultative processes.”
Ms Nusseibeh said the UAE supported the draft resolution’s emphasis on the need to adhere to the principles of international law and the UN Charter.
Motori Profile
Date started: March 2020
Co-founder/CEO: Ahmed Eissa
Based: UAE, Abu Dhabi
Sector: Insurance Sector
Size: 50 full-time employees (Inside and Outside UAE)
Stage: Seed stage and seeking Series A round of financing
Investors: Safe City Group
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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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.”
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
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- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
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COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
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World politics
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Mohammed bin Zayed Majlis
Jordan cabinet changes
In
- Raed Mozafar Abu Al Saoud, Minister of Water and Irrigation
- Dr Bassam Samir Al Talhouni, Minister of Justice
- Majd Mohamed Shoueikeh, State Minister of Development of Foundation Performance
- Azmi Mahmud Mohafaza, Minister of Education and Minister of Higher Education and Scientific Research
- Falah Abdalla Al Ammoush, Minister of Public Works and Housing
- Basma Moussa Ishakat, Minister of Social Development
- Dr Ghazi Monawar Al Zein, Minister of Health
- Ibrahim Sobhi Alshahahede, Minister of Agriculture and Minister of Environment
- Dr Mohamed Suleiman Aburamman, Minister of Culture and Minister of Youth
Out
- Dr Adel Issa Al Tawissi, Minister of High Education and Scientific Research
- Hala Noaman “Basiso Lattouf”, Minister of Social Development
- Dr Mahmud Yassin Al Sheyab, Minister of Health
- Yahya Moussa Kasbi, Minister of Public Works and Housing
- Nayef Hamidi Al Fayez, Minister of Environment
- Majd Mohamed Shoueika, Minister of Public Sector Development
- Khalid Moussa Al Huneifat, Minister of Agriculture
- Dr Awad Abu Jarad Al Mushakiba, Minister of Justice
- Mounir Moussa Ouwais, Minister of Water and Agriculture
- Dr Azmi Mahmud Mohafaza, Minister of Education
- Mokarram Mustafa Al Kaysi, Minister of Youth
- Basma Mohamed Al Nousour, Minister of Culture
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Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
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How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
BIG SPENDERS
Premier League clubs spent £230 million (Dh1.15 billion) on January transfers, the second-highest total for the mid-season window, the Sports Business Group at Deloitte said in a report.
The Farewell
Director: Lulu Wang
Stars: Awkwafina, Zhao Shuzhen, Diana Lin, Tzi Ma
Four stars
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
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Editorial: The fight against Covid-19 should be guided by science
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Water waste
In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.
Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.
A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.
The Emirates is the world’s third largest per capita water consumer after the US and Canada.
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WISH
The specs: 2018 Chevrolet Trailblazer
Price, base / as tested Dh99,000 / Dh132,000
Engine 3.6L V6
Transmission: Six-speed automatic
Power 275hp @ 6,000rpm
Torque 350Nm @ 3,700rpm
Fuel economy combined 12.2L / 100km

