A Taliban member stands guard at a bazaar in Kabul, Afghanistan, on December 17. EPA photo
A Taliban member stands guard at a bazaar in Kabul, Afghanistan, on December 17. EPA photo
A Taliban member stands guard at a bazaar in Kabul, Afghanistan, on December 17. EPA photo
A Taliban member stands guard at a bazaar in Kabul, Afghanistan, on December 17. EPA photo

Pakistan to host Islamic Co-operation Organisation meeting on Afghanistan


  • English
  • Arabic

Pakistan is rallying Muslim countries to help Afghanistan stave off an economic and humanitarian disaster, while also cajoling the neighbouring country's new Taliban rulers to soften their image abroad.

Several foreign ministers from the 57-member Organisation of Islamic Co-operation are meeting in Islamabad on Sunday to explore ways to aid Afghanistan while navigating the difficult political realities of its Taliban-run government, Pakistan's top diplomat said on Friday.

The new Taliban administration in Kabul has been sanctioned by the international community, reeling from the collapse of the Afghan military and the western-backed government in the face of the insurgents' takeover in mid-August.

The OIC meeting is an engagement that does not constitute an official recognition of the Taliban regime, said Pakistan's Foreign Minister Shah Mahmood Qureshi.

He said the message to the gathering on Sunday is: “Please do not abandon Afghanistan. Please engage. We are speaking for the people of Afghanistan. We’re not speaking of a particular group. We are talking about the people of Afghanistan.”

Mr Qureshi said major powers – including the United States, Russia, China and the European Union – will send their special representatives on Afghanistan to the one-day summit. Afghanistan's Taliban-appointed Foreign Minister Amir Khan Muttaqi will also attend the conference.

Afghanistan is facing a looming economic meltdown and humanitarian catastrophe in the aftermath of the Taliban takeover. Billions of dollars' worth of the country's assets abroad, mostly in the US, have been frozen and international funding to the country has ceased.

The world is also waiting before extending any formal recognition to the new rulers in Kabul, wary the Taliban could impose a similarly harsh regime as when they were in power 20 years ago – despite assurances to the contrary.

In an interview with The Associated Press last week, Mr Muttaqi said Afghanistan's new rulers were committed to the education of girls and women in the workforce.

Yet four months into Taliban rule, girls are not allowed to attend high school in most provinces and although women have returned to their jobs in much of the health care sector, many female civil servants have been barred from coming to work.

However, security has improved under the Taliban, with aid organisations able to travel to most parts of Afghanistan, including areas that for years were off-limits during the war, said a senior humanitarian official who spoke on condition of anonymity because the official was not authorised to speak publicly on the matter.

The World Health Organisation and UN agencies have spoken of the humanitarian crisis facing Afghanistan and its 38 million people. Hospitals are desperately short of medicines, up to 95 per cent of all households face food shortages, the poverty level is soaring towards 90 per cent and the afghani, the national currency, is in free fall.

Pakistan has been at the forefront in pressing for world engagement in Afghanistan. Mr Qureshi said on Friday he has discussed with many foreign ministers – including with US Secretary of State Antony Blinken in Washington – how a total collapse in Afghanistan will hurt efforts to fight terrorism and trigger a massive exodus from the country.

Refugees will become economic migrants, he added, meaning they would not want to stay in neighbouring countries of Pakistan and Iran, but will try to reach Europe and North America.

Mr Qureshi also said if Afghans are left without help, militant groups such as Al Qaeda and the regional ISIS affiliate will regroup and flourish amid the chaos.

The OIC has leverage because of its nature as an Islamic organisation and Mr Qureshi expressed hope the summit will also be an opportunity for the world's Muslim nations to press upon the Taliban the imperative of allowing girls to attend school at all levels and for women to return to their jobs in full.

Michael Kugelman, deputy director of the Asia Program at the Washington-based Wilson centre, said OIC nations could do more, suggesting they work through their religious scholars and have them interact directly with the Taliban.

For now, it would be difficult for the West to engage with the Taliban, Mr Kugelman said, adding that such an interaction would be tantamount to admitting defeat in the 20-year war.

For the Taliban, it would be the “final satisfaction of being able to engage ... from the standpoint of victor,” he said.

“The Taliban defeated the West ... their powerful militaries and caused them to suffer through a chaotic and humiliating final withdrawal," he said. “For the West to turn around and bury the hatchet with the Taliban, this would amount to a legitimisation of its defeat."

Fixtures

Friday Leganes v Alaves, 10.15pm; Valencia v Las Palmas, 12.15am

Saturday Celta Vigo v Real Sociedad, 8.15pm; Girona v Atletico Madrid, 10.15pm; Sevilla v Espanyol, 12.15am

Sunday Athletic Bilbao v Getafe, 8.15am; Barcelona v Real Betis, 10.15pm; Deportivo v Real Madrid, 12.15am

Monday Levante v Villarreal, 10.15pm; Malaga v Eibar, midnight

Match info

Uefa Champions League Group B

Barcelona v Tottenham Hotspur, midnight

DMZ facts
  • The DMZ was created as a buffer after the 1950-53 Korean War.
  • It runs 248 kilometers across the Korean Peninsula and is 4km wide.
  • The zone is jointly overseen by the US-led United Nations Command and North Korea.
  • It is littered with an estimated 2 million mines, tank traps, razor wire fences and guard posts.
  • Donald Trump and Kim Jong-Un met at a building in Panmunjom, where an armistice was signed to stop the Korean War.
  • Panmunjom is 52km north of the Korean capital Seoul and 147km south of Pyongyang, North Korea’s capital.
  • Former US president Bill Clinton visited Panmunjom in 1993, while Ronald Reagan visited the DMZ in 1983, George W. Bush in 2002 and Barack Obama visited a nearby military camp in 2012. 
  • Mr Trump planned to visit in November 2017, but heavy fog that prevented his helicopter from landing.
Abu Dhabi Equestrian Club race card

5pm: Abu Dhabi Fillies Classic (PA) Prestige; Dh110,000; 1,400m
5.30pm: Abu Dhabi Colts Classic (PA) Prestige; Dh110,000; 1,400m
6pm: Maiden (PA); Dh80,000; 1,600m
6.30pm: Abu Dhabi Championship (PA) Listed; Dh180,000; 1,600m
7pm: Wathba Stallions Cup (PA) Handicap; Dh70,000; 2,200m
7.30pm: Handicap (PA); Dh100,000; 2,400m

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

TICKETS

Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
UAE currency: the story behind the money in your pockets

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

Company%20profile%20
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EYodawy%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Egypt%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EKarim%20Khashaba%2C%20Sherief%20El-Feky%20and%20Yasser%20AbdelGawad%3Cstrong%3E%3Cbr%3ESector%3A%20%3C%2Fstrong%3EHealthTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%2424.5%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAlgebra%20Ventures%2C%20Global%20Ventures%2C%20MEVP%20and%20Delivery%20Hero%20Ventures%2C%20among%20others%3Cstrong%3E%3Cbr%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20500%3Cbr%3E%3C%2Fp%3E%0A
The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Updated: December 18, 2021, 8:37 AM