Saudi Arabia's permanent representative to the Arab League Abdulrahman bin Saeed Al Jumah, right, and Saudi Ambassador to Lebanon Waleed Bukhari arriving at an Arab League consultative meeting in east Beirut, Lebanon, in July 2022. AP Photo
Saudi Arabia's permanent representative to the Arab League Abdulrahman bin Saeed Al Jumah, right, and Saudi Ambassador to Lebanon Waleed Bukhari arriving at an Arab League consultative meeting in east Beirut, Lebanon, in July 2022. AP Photo
Saudi Arabia's permanent representative to the Arab League Abdulrahman bin Saeed Al Jumah, right, and Saudi Ambassador to Lebanon Waleed Bukhari arriving at an Arab League consultative meeting in east Beirut, Lebanon, in July 2022. AP Photo
Saudi Arabia's permanent representative to the Arab League Abdulrahman bin Saeed Al Jumah, right, and Saudi Ambassador to Lebanon Waleed Bukhari arriving at an Arab League consultative meeting in east

Saudi Arabia's ambassador to Lebanon hosts forum on Taif Agreement


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Saudi Arabia's ambassador to Lebanon Walid bin Abdullah Bukhari organised a forum at the Unesco Palace in Beirut on the 33rd anniversary of the conclusion of the Taif Agreement, which ended 15 years of civil war in Lebanon, under Arab and international sponsorship.

Saudi Arabia is one of the major contributors to maintaining the agreement.

Waleed Bukhari confirmed that there is no intention to amend the Taif Agreement and that it reflects the keenness of Saudi Arabia's leadership to preserve Lebanon’s security, unity, and national reconciliation.

“We desperately need to embody the formula of co-existence that was addressed by the Taif Agreement, especially with regard to the preservation of Lebanon’s identity and Arab belonging,” Mr Bukhari said.

The forum on Saturday was attended by 1,000 political, business and academic figures.

He added that the Arab League and the Tripartite Committee were eager, under the patronage of King Fahd, and having benefited from the efforts of the late Lebanese prime minister Rafik Hariri, for the stability of Lebanon.

Hariri was killed by a massive car bomb in Beirut in 2005, an assassination found by the UN to have been committed by Lebanese militia group Hezbollah.

Lebanon's caretaker Prime Minister Najib Mikati said the Taif agreement remains the most important document to implement and that the forum is proof that the kingdom stands with Lebanon.

Algerian envoy Lakhdar Brahimi, centre, during the Taif talks between Lebanese politicians, in September 1989. AFP
Algerian envoy Lakhdar Brahimi, centre, during the Taif talks between Lebanese politicians, in September 1989. AFP

Algerian envoy Lakhdar Brahimi, who played an important role in reaching the pact, also attended the forum.

He recalled Hariri and the late Saudi foreign minister Prince Saud Al Faisal as the “heroes” of the Taif Agreement.

“The Taif Agreement paved the way for the Lebanese to build their new state. We had pinned hopes on the tripartite committee that was formed to accompany the Taif implementation process, and this was the will of King Fahd bin Abdulaziz and other Arab leaders, but Iraq’s invasion of Kuwait halted the committee’s work,” Mr Brahimi said.

Continental champions

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Best North & Central American Player: DJ Jackson (United States)

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QUARTER-FINAL

Wales 20-19 France

Wales: T: Wainwright, Moriarty. Cons: Biggar (2) Pens: Biggar 2

France: T: Vahaamahina, Ollivon, Vakatawa Cons: Ntamack (2)

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

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Company%20Profile
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THE SPECS

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Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

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Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The story in numbers

18

This is how many recognised sects Lebanon is home to, along with about four million citizens

450,000

More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps

1.5 million

There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m

73

The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association

18,000

The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme

77,400

The number of people believed to be affected by the current nationality law, according to the 2009 UN study

4,926

This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee

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The specs

Engine: 2.2-litre, turbodiesel

Transmission: 6-speed auto

Power: 160hp

Torque: 385Nm

Price: Dh116,900

On sale: now

Updated: November 06, 2022, 1:57 PM