Commando units from Egypt, the UAE, Saudi Arabia, Greece and Cyprus are taking part in war games at an Egyptian military base near the Mediterranean coast, a spokesman for the Egyptian military has said.
Col Gharib Abdel Hafez said the war drills were taking place at Mohammed Naguib’s military base north-west of Cairo and in the northern military region, an area west of the Mediterranean city of Alexandria, after a ceremony opened proceedings on Sunday.
Writing on his Facebook page, he said observers from the US, Jordan, Bahrain and the Democratic Republic of the Congo were attending the exercises.
The drills, code-named Hercules-2, “are a continuation of developing and reinforcing Egypt’s military ties with friendly and brotherly nations for the sake of entrenching the foundations of military co-operation”, Col Abdel Hafez said.
“They aim to exchange expertise regarding the use of technologically advanced weapons and hardware.”
Under President Abdel Fattah El Sisi, Egypt has made joint war games involving the militaries of Arab and western nations a cornerstone of plans to modernise and upgrade its armed forces.
Egypt’s multibillion-dollar weapons procurement
The focus on war games comes after Egypt’s multibillion-dollar procurement in recent years of cutting-edge weapons from manufacturers in Russia, France, Italy and Germany to bolster the capabilities of the Egyptian army.
Since the late 1970s, Egypt has received weapons from the US under a military aid programme currently running at $1.3 billion a year. It has secured US-made fighter jets, tanks, air-to-air missiles, helicopter gunships, warships and artillery.
The frequent participation of Greece and Cyprus in military drills with Egypt underlines the close ties forged between the three nations and their common interest in protecting the natural gasfields of the Eastern Mediterranean.
Together with Israel, Lebanon, France and Italy, they hope to turn the region into a major energy centre, serving as a permanent supplier to western Europe.
The participation of Saudi and UAE units in Hercules-2 is the latest in a series of joint air, sea and land war games in which the two regional powerhouses join forces with ally Egypt.
Hercules-2 will include an arms exhibition and lectures on Cyber security, Col Abdel Hafez said.
Muslim Council of Elders condemns terrorism on religious sites
The Muslim Council of Elders has strongly condemned the criminal attacks on religious sites in Britain.
It firmly rejected “acts of terrorism, which constitute a flagrant violation of the sanctity of houses of worship”.
“Attacking places of worship is a form of terrorism and extremism that threatens peace and stability within societies,” it said.
The council also warned against the rise of hate speech, racism, extremism and Islamophobia. It urged the international community to join efforts to promote tolerance and peaceful coexistence.
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
Skoda Superb Specs
Engine: 2-litre TSI petrol
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Price: From Dh147,000
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UAE currency: the story behind the money in your pockets
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Match info
Who: India v Afghanistan
What: One-off Test match, Bengaluru
When: June 14 to 18
TV: OSN Sports Cricket HD, 8am starts
Online: OSN Play (subscribers only)
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
WWE TLC results
Asuka won the SmackDown Women's title in a TLC triple threat with Becky Lynch and Charlotte Flair
Dean Ambrose won the Intercontinental title against Seth Rollins
Daniel Bryan retained the WWE World Heavyweight Championship against AJ Styles
Ronda Rousey retained the Raw Women's Championship against Nia Jax
Rey Mysterio beat Randy Orton in a chairs match
Finn Balor defeated Drew McIntyre
Natalya beat Ruby Riott in a tables match
Braun Strowman beat Baron Corbin in a TLC match
Sheamus and Cesaro retained the SmackDown Tag Titles against The Usos and New Day
R-Truth and Carmella won the Mixed Match Challenge by beating Jinder Mahal and Alicia Fox
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
The Case For Trump
By Victor Davis Hanson
MATCH INFO
Uefa Champions League quarter-final (first-leg score):
Juventus (1) v Ajax (1), Tuesday, 11pm UAE
Match will be shown on BeIN Sports
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MATCH INFO
Champions League quarter-final, first leg
Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)
Matches can be watched on BeIN Sports