Egyptian Foreign Minister Sameh Shoukry and Germany's Minister of Foreign Affairs, Annalena Baerbock, at the Petersberg Climate Dialogue in Berlin. AFP
Egyptian Foreign Minister Sameh Shoukry and Germany's Minister of Foreign Affairs, Annalena Baerbock, at the Petersberg Climate Dialogue in Berlin. AFP
Egyptian Foreign Minister Sameh Shoukry and Germany's Minister of Foreign Affairs, Annalena Baerbock, at the Petersberg Climate Dialogue in Berlin. AFP
Egyptian Foreign Minister Sameh Shoukry and Germany's Minister of Foreign Affairs, Annalena Baerbock, at the Petersberg Climate Dialogue in Berlin. AFP

Poor nations should not be left behind in global fight against climate change, Cairo says


Kamal Tabikha
  • English
  • Arabic

Climate change negotiations do not need to be a zero-sum game between developed and developing countries, Egyptian Foreign Minister Sameh Shoukry said on Tuesday.

As Egypt prepares to host the Cop27 climate change conference in November, a delegation led by President Abdel Fattah El Sisi attended the Petersberg Climate Dialogue in Berlin.

High on the agenda was climate financing and the disparity in wealth resulting in poor countries being unable to effectively introduce policies to boost sustainability.

During his speech at Monday's opening ceremony, Mr El Sisi highlighted the dire effects of climate change felt by many African countries, many of which are among the world’s poorest nations.

On Tuesday, Germany's Minister for Foreign Affairs, Annalena Baerbock, echoed Mr El Sisi’s concerns.

She said droughts in the Sahel region made it difficult for people to survive there.

Annalena Baerbock, Germany's Minister of Foreign Affairs, at the Petersberg Climate Dialogue in Berlin. EPA
Annalena Baerbock, Germany's Minister of Foreign Affairs, at the Petersberg Climate Dialogue in Berlin. EPA

“We, being prosperous, industrialised countries want to set a good example, working with other countries for climate neutrality and contributing to their economic prosperity,” Ms Baerbock said on Tuesday.

She emphasised the need for developed countries to help modernise developing nations, allowing them to reduce their carbon footprints.

Funding initiatives must also be established to ensure poor countries can cover the costs of adapting key sectors to cope with rising temperatures, she said.

Developing countries, which have been profoundly affected by climate change, will also need funding to help them cope with the effects of natural disasters and carry out climate change mitigation efforts, Ms Baerbock said.

Mr Shoukry said developing nations should not be left behind the global fight against climate change.

Egyptian Foreign Minister Sameh Shoukry addresses the Petersberg Climate Dialogue. EPA
Egyptian Foreign Minister Sameh Shoukry addresses the Petersberg Climate Dialogue. EPA

“We proceed to a successful Cop27 with the recognition that we are in this together. We can only succeed together or unfortunately we will fail together,” he said.

Mr Shoukry emphasised the importance of the world staying united as it tackles climate change.

The Egyptian delegation at the dialogue listened to the “views expressed on the main issues on the agenda and have come closer to understanding the areas of convergence but also the areas of divergence", he said.

He said all parties must come to the table with a “willingness to compromise”.

Using the Russia-Ukraine conflict as a cautionary tale, Ms Baerbock said unity was vital to efforts to tackle climate change.

The war has resulted in Russia limiting the supply of gas to Europe, but German Chancellor Olaf Scholz said on Monday that had only hastened the continent’s move towards renewable energy.

Germany has pledged to fully support Egypt as it hosts Cop27 in Sharm El Sheikh.

Suggested picnic spots

Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
 
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes 

Types of bank fraud

1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

2) Smishing

The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

4) SIM swap

Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

Duterte Harry: Fire and Fury in the Philippines
Jonathan Miller, Scribe Publications

Company profile

Company name: Nestrom

Started: 2017

Co-founders: Yousef Wadi, Kanaan Manasrah and Shadi Shalabi

Based: Jordan

Sector: Technology

Initial investment: Close to $100,000

Investors: Propeller, 500 Startups, Wamda Capital, Agrimatico, Techstars and some angel investors

if you go

The flights 

Etihad and Emirates fly direct to Kolkata from Dh1,504 and Dh1,450 return including taxes, respectively. The flight takes four hours 30 minutes outbound and 5 hours 30 minute returning. 

The trains

Numerous trains link Kolkata and Murshidabad but the daily early morning Hazarduari Express (3’ 52”) is the fastest and most convenient; this service also stops in Plassey. The return train departs Murshidabad late afternoon. Though just about feasible as a day trip, staying overnight is recommended.

The hotels

Mursidabad’s hotels are less than modest but Berhampore, 11km south, offers more accommodation and facilities (and the Hazarduari Express also pauses here). Try Hotel The Fame, with an array of rooms from doubles at Rs1,596/Dh90 to a ‘grand presidential suite’ at Rs7,854/Dh443.

The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Cherry

Directed by: Joe and Anthony Russo

Starring: Tom Holland, Ciara Bravo

1/5

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
SUNDAY'S ABU DHABI T10 MATCHES

Northern Warriors v Team Abu Dhabi, 3.30pm
Bangla Tigers v Karnataka Tuskers, 5.45pm
Qalandars v Maratha Arabians, 8pm

The specs: 2019 Mini Cooper

Price, base: Dh141,740 (three-door) / Dh165,900 (five-door)
Engine: 1.5-litre four-cylinder (Cooper) / 2.0-litre four-cylinder (Cooper S)
Power: 136hp @ 4,500rpm (Cooper) / 192hp @ 5,000rpm (Cooper S)
Torque: 220Nm @ 1,480rpm (Cooper) / 280Nm @ 1,350rpm (Cooper S)
Transmission: Seven-speed automatic
Fuel consumption, combined: 4.8L to 5.4L / 100km

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

MATCH INFO

Uefa Champions League last 16, first leg

Liverpool v Bayern Munich, midnight, Wednesday, BeIN Sports

UAE currency: the story behind the money in your pockets
Updated: July 19, 2022, 4:33 PM