Senior Emirati and Saudi ministers have hailed a landmark agreement which will deepen cooperation between the two countries.
Abu Dhabi and Riyadh announced a seven-point plan on Saturday following the meeting of the Executive Committee of the Saudi-Emirati Co-ordination Council.
The initiatives include developing a joint cryptocurrency, a form of customs union and measures to ensure goods and supplies flow in the event of a crisis.
The UAE Minister of State for Foreign Affairs said the deal lays down a new basis for Arab diplomacy that efficiently addresses critical and fundamental issues.
"The Arab world is going through a watershed in its history during which it is facing myriad challenges, the survival of which entails that the two countries adopt an integrated vision toward regional developments. We should not look back on the past,” Dr Anwar Gargash said.
“Today Riyadh and Abu Dhabi are spearheading a major transition in the region and all parties concerned should support their efforts to ensure remarkable progress and development in the region," he added.
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Read more:
UAE and Saudi Arabia unveil seven point co-operation plan including new cryptocurrency
Saudi-Emirati Co-ordination Council: all you need to know
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Saudi Arabia’s Minister of Economy and Planning Mohammed Al Tuwaijri said the agreement marked a vital breakthrough in relations between the two nations.
“The Council was established to create an exceptional model in cooperation relations between the two brotherly countries, and to seek to strengthen the ties of interdependence and develop them, and to support the development opportunities of the two countries economically, in human development and in terms of knowledge and to boost them,” Mr Al-Tuwaijri said.
“This places great tasks upon us, which we are honoured to carry out, and we strive to achieve them in the fullest possible manner.”
UAE Minister of Cabinet Affairs and the Future Mohammad Al Gergawi, who heads the Executive Committee from the UAE side, said the meeting was a “continuation of the enhancement of integration in issues of common concern.”
He said: "Our goal is to see Saudi and Emirati citizens see themselves in a single fabric with a common aspiration for a bright future."
Sultan bin Saeed Al Mansouri, UAE Minister of Economy, said the plan would unlock “a considerable investment value”, with both countries economies valued at more than $1.2 trillion (Dh4.4 trillion).
The initiatives, which aim to improve financial literacy among young people, would create employment opportunities for the youth of both countries, said Hussain bin Ibrahim Al Hammadi, UAE Minister of Education.
"We have ambitious projects in the education sector in both countries that will provide vocational training opportunities, from which large segments of the two countries' youth will benefit," the minister said.
UAE currency: the story behind the money in your pockets
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
Company%20Profile
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Smart words at Make Smart Cool
Make Smart Cool is not your usual festival. Dubbed “edutainment” by organisers Najahi Events, Make Smart Cool aims to inspire its youthful target audience through a mix of interactive presentation by social media influencers and a concert finale featuring Example with DJ Wire. Here are some of the speakers sharing their inspiration and experiences on the night.
Prince Ea
With his social media videos accumulating more half a billion views, the American motivational speaker is hot on the college circuit in the US, with talks that focus on the many ways to generate passion and motivation when it comes to learning.
Khalid Al Ameri
The Emirati columnist and presenter is much loved by local youth, with writings and presentations about education, entrepreneurship and family balance. His lectures on career and personal development are sought after by the education and business sector.
Ben Ouattara
Born to an Ivorian father and German mother, the Dubai-based fitness instructor and motivational speaker is all about conquering fears and insecurities. His talk focuses on the need to gain emotional and physical fitness when facing life’s challenges. As well managing his film production company, Ouattara is one of the official ambassadors of Dubai Expo2020.
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
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)
Company%20profile
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How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S24%20ULTRA
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SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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New Zealand 15 British & Irish Lions 15
New Zealand 15
Tries: Laumape, J Barrett
Conversions: B Barrett
Penalties: B Barrett
British & Irish Lions 15
Penalties: Farrell (4), Daly
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
