Sheikh Khalifa bin Zayed, President of the UAE and Ruler of Abu Dhabi, pictured at the summit of GCC leaders in Kuwait City.
Sheikh Khalifa bin Zayed, President of the UAE and Ruler of Abu Dhabi, pictured at the summit of GCC leaders in Kuwait City.

GCC summit strengthens regional ties



KUWAIT CITY // Gulf leaders have agreed to establish a joint rapid response force because of the recent clashes between Saudi Arabia and Yemeni rebels, the secretary general of the Gulf Co-operation Council, Abdulrahman al Attiyah, said yesterday. Mr al Attiyah made his comments at a press conference after the GCC's annual summit, in which Gulf leaders discussed a wide range of political and economic issues.

"There is the defence council and there is the Jazeera Shield Force, and we have made a decision to establish a first intervention force," Mr al Attiyah said. "It is not meant to work on the Saudi borders, but to protect and defend any country of the GCC." Mr al Attiyah said the force would perform a different function from the Jazeera Shield Force, also known as the Peninsula Shield Force. "What has been happening recently proves that this will be one of the wings to support stability and security in the GCC countries."

The Peninsula Shield Force, which is made up of troops from Gulf countries and is based in Jeddah, was created in the 1980s to respond to military aggression against any member of the GCC. The Gulf Co-operation Council is a loose confederation of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE. Every year, the leaders of the six states meet to discuss issues of regional importance and ways to promote economic integration.

The GCC's secretary general and Kuwait's minister for foreign affairs, Sheikh Mohammed Sabah Al Salem Al Sabah, held a press conference for about 300 journalists who attended the summit on its final day. While answering a wide range of questions from foreign policy to oil, Sheikh Mohammed told reporters that the GCC is "not threatened by Iraq's plans to expand its oil production" in the next few years. Iraq has recently been offering contracts to develop its oilfields - some of the world's biggest - after years of neglect because of sanctions and war.

If Iraq's plans are completed, it could quintuple its current capacity to pump crude oil to more than 12 million barrels per day by 2015, rivalling the capacity of the world's largest oil producer, Saudi Arabia, which currently has a capacity of 12.5 million bpd. Mr al Attiyah had said before the summit that the matter of Dubai World's US$3.5 billion (Dh12.9bn) sukuk payment was not on the agenda, but the minister of foreign affairs used the press conference to offer support for Dubai.

Sheikh Mohammed said: "Once we heard the news about the financial crisis in Dubai, and when Dubai World announced the rescheduling of the debts, I called the Emirates' foreign minister - I offered to give support and everything he needs. "You have brothers in Kuwait and we are always supporting you," Sheikh Mohammed said to his counterpart. Another economic issue that topped the agenda was the Gulf's stuttering plan to create a unified currency.

Kuwait's finance minister, Mustafa al Shamali, said the GCC monetary union agreement, which has been ratified by four of the countries, came into effect during the summit. He said the Gulf's central banks will now agree to a timetable for the establishment of a central bank before launching the unified currency. The minister expressed hope that Oman and the UAE, which pulled out of the planned currency, would rejoin.

The summit's most concrete economic success came with the official launch of a major project to link the electricity networks of the six states. The $1.6bn grid will enable electricity producers to export power to other states and provide a reserve of power to all of them in case of emergency. The emir of Kuwait, Sheikh Sabah Al Jaber Al Ahmed Al Sabah, laid out the GCC's main foreign policy concerns in the summit's opening speech on Monday night, and the recent clashes on the GCC's southern border between al Houthi rebels and Saudi Arabia topped the list.

"Any violation of the security and stability of the brotherly kingdom of Saudi Arabia represents an aggression on all the security of the GCC countries," the emir said. "We support our Saudi brothers in all the actions they take to defend their sovereignty." Sheikh Sabah also called for "solving the Iranian nuclear crisis through dialogue and peaceful means". He expressed concern for terrorism in Iraq, hostility between rival factions in the Palestinian territories and called for the establishment of an independent Palestinian state with Jerusalem as its capital.

In the past, the GCC has been criticised for being a talking shop, with weak institutions and poor implementation of resolutions. But at the end of the summit, Sheikh Mohammed offered a rare glimpse of public introspection. "The course of the GCC is slow compared to the expectations of the people," he said. "We ask for miracles. "This overloads us with a lot of burdens and a lot of responsibilities. We are slow compared to the expectations of our people, but at the same time, compared to the other regional organisations in the East or in the West, we are running very fast," he said.

@Email:jcalderwood@thenational.ae

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.

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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
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The specs

Engine: 3.5-litre V6

Power: 272hp at 6,400rpm

Torque: 331Nm from 5,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.7L/100km

On sale: now

Price: Dh149,000

 

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Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

Match info:

Portugal 1
Ronaldo (4')

Morocco 0

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Which products are to be taxed?

To be taxed:

Flavoured water, long-life fruit juice concentrates, pre-packaged sweetened coffee drinks fall under the ‘sweetened drink’ category

Not taxed

Freshly squeezed fruit juices, ground coffee beans, tea leaves and pre-prepared flavoured milkshakes do not come under the ‘sweetened drink’ band.

Products excluded from the ‘sweetened drink’ category would contain at least 75 per cent milk in a ready-to-drink form or as a milk substitute, baby formula, follow-up formula or baby food, beverages consumed for medicinal use and special dietary needs determined as per GCC Standardisation Organisation rules

UAE currency: the story behind the money in your pockets
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Name: Qyubic
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A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed
ARGYLLE
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UAE currency: the story behind the money in your pockets
The permutations for UAE going to the 2018 World Cup finals

To qualify automatically

UAE must beat Iraq.

Australia must lose in Japan and at home to Thailand, with their losing margins and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

Saudi Arabia must lose to Japan, with their losing margin and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

 

To finish third and go into a play-off with the other third-placed AFC side for a chance to reach the inter-confederation play-off match

UAE must beat Iraq.

Saudi Arabia must lose to Japan, with their losing margin and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

SPECS

Mini John Cooper Works Clubman and Mini John Cooper Works Countryman

Engine: two-litre 4-cylinder turbo

Transmission: nine-speed automatic

Power: 306hp

Torque: 450Nm

Price: JCW Clubman, Dh220,500; JCW Countryman, Dh225,500

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Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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Quercus

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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. 

Biography

Her family: She has four sons, aged 29, 27, 25 and 24 and is a grandmother-of-nine

Favourite book: Flashes of Thought by Sheikh Mohammed bin Rashid

Favourite drink: Water

Her hobbies: Reading and volunteer work

Favourite music: Classical music

Her motto: I don't wait, I initiate

 

 

 

 

 

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Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

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