Russian Foreign Minister Sergey Lavrov said on Wednesday the conflict in Yemen needs to end and called for warring sides to sit down at the negotiating table.
At a joint press conference in Riyadh with Saudi Arabia's Foreign Minister Prince Faisal bin Farhan, Mr Lavrov said Russia is calling for "an immediate end to hostilities in Yemen".
His comments were echoed by Prince Faisal, who said the kingdom was reiterating its support for a political solution to the crisis in Yemen.
"The Houthis should be pressured into signing a ceasefire agreement and sticking to the political course to end the crisis," Prince Faisal said.
The statement came three days after the Houthis tried to attack vital oil facilities in the kingdom with a volley of drones and missiles. Sunday's attacks drove Brent crude prices above $70 a barrel, their highest since January 2020.
Mr Lavrov said Russia shares a common vision with the kingdom on energy markets.
"We will find opportunities for co-operation in securing interests on both the supply and demand sides of the oil market, and we will work to prevent damage to the global economy in this aspect," he added.
He added the two nations shared $1.7 billion in trade last year and said despite the pandemic, they "maintain a positive dynamic in trade exchange.”
Mr Lavrov said investment funds on both sides were finding joint projects to the tune of $ 2.5 billion, including opportunities in nuclear energy, localising production of the Russian vaccine in Saudi Arabia and space exploration.
Prince Faisal said Riyadh would take deterrent action to protect its oil facilities after the most recent attacks.
“The kingdom will not hesitate in defending its territorial integrity and will respond firmly to any threat," he said.
Saudi-led coalition authorities said most of Sunday’s drones and missiles were intercepted en route to their targets and there were no casualties or property losses from the attacks.
The Iran-backed Houthi rebels have been battling a Saudi-led coalition in Yemen for six years. The group recently launched explosive-laden drones and missiles at the kingdom with increasing frequency.
On Iran, the Saudi top diplomat said that failing to extend a UN arms embargo on Iran last year was a lost opportunity.
“Iran uses such weapons to fuel conflicts in the region,” he noted.
Russia and China voted against a UN Security resolution last August to extend the UN arms embargo on Iran. Eleven members abstained, including France, Germany and Britain.
The United States and the Dominican Republic were the only votes in favour.
The embargo was due to expire before the vote under a 2015 nuclear deal between Iran and world powers, which provided for many international sanctions against Iran being lifted in exchange for curbs on Iran’s nuclear programme.
Former US President Donald Trump withdrew the United States from the deal in 2018.
COMPANY%20PROFILE%20
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The specs
Engine: 6.2-litre V8
Power: 502hp at 7,600rpm
Torque: 637Nm at 5,150rpm
Transmission: 8-speed dual-clutch auto
Price: from Dh317,671
On sale: now
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
Killing of Qassem Suleimani
BIOSAFETY LABS SECURITY LEVELS
Biosafety Level 1
The lowest safety level. These labs work with viruses that are minimal risk to humans.
Hand washing is required on entry and exit and potentially infectious material decontaminated with bleach before thrown away.
Must have a lock. Access limited. Lab does not need to be isolated from other buildings.
Used as teaching spaces.
Study microorganisms such as Staphylococcus which causes food poisoning.
Biosafety Level 2
These labs deal with pathogens that can be harmful to people and the environment such as Hepatitis, HIV and salmonella.
Working in Level 2 requires special training in handling pathogenic agents.
Extra safety and security precautions are taken in addition to those at Level 1
Biosafety Level 3
These labs contain material that can be lethal if inhaled. This includes SARS coronavirus, MERS, and yellow fever.
Significant extra precautions are taken with staff given specific immunisations when dealing with certain diseases.
Infectious material is examined in a biological safety cabinet.
Personnel must wear protective gowns that must be discarded or decontaminated after use.
Strict safety and handling procedures are in place. There must be double entrances to the building and they must contain self-closing doors to reduce risk of pathogen aerosols escaping.
Windows must be sealed. Air from must be filtered before it can be recirculated.
Biosafety Level 4
The highest level for biosafety precautions. Scientist work with highly dangerous diseases that have no vaccine or cure.
All material must be decontaminated.
Personnel must wear a positive pressure suit for protection. On leaving the lab this must pass through decontamination shower before they have a personal shower.
Entry is severely restricted to trained and authorised personnel. All entries are recorded.
Entrance must be via airlocks.
Generational responses to the pandemic
Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:
Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.
Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.
Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
CHATGPT%20ENTERPRISE%20FEATURES
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Profile
Company name: Marefa Digital
Based: Dubai Multi Commodities Centre
Number of employees: seven
Sector: e-learning
Funding stage: Pre-seed funding of Dh1.5m in 2017 and an initial seed round of Dh2m in 2019
Investors: Friends and family
THE SPECS
Engine: 3.5-litre supercharged V6
Power: 416hp at 7,000rpm
Torque: 410Nm at 3,500rpm
Transmission: 6-speed manual
Fuel consumption: 10.2 l/100km
Price: Dh375,000
On sale: now
Company%20profile
%3Cp%3E%3Cbr%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Khodar%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%20and%20Alexandria%2C%20in%20Egypt%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ayman%20Hamza%2C%20Yasser%20Eidrous%20and%20Amr%20El%20Sheikh%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20agriculture%20technology%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24500%2C000%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Saudi%20Arabia%E2%80%99s%20Revival%20Lab%20and%20others%3Cbr%3E%3Cstrong%3EEmployees%3A%3C%2Fstrong%3E%2035%3C%2Fp%3E%0A