• US President Joe Biden attends the GCC+3 summit in Jeddah, Saudi Arabia. Reuters
    US President Joe Biden attends the GCC+3 summit in Jeddah, Saudi Arabia. Reuters
  • Saudi Crown Prince Mohammed bin Salman speaks during the Jeddah Security and Development Summit. AFP
    Saudi Crown Prince Mohammed bin Salman speaks during the Jeddah Security and Development Summit. AFP
  • Mr Biden takes notes while an usher serves coffee during the Jeddah Security and Development Summit. AFP
    Mr Biden takes notes while an usher serves coffee during the Jeddah Security and Development Summit. AFP
  • Egypt's President Abdel Fattah El Sisi attends the Jeddah Security and Development Summit. AFP
    Egypt's President Abdel Fattah El Sisi attends the Jeddah Security and Development Summit. AFP
  • Jordan's King Abdullah II attends the Jeddah Security and Development Summit. AFP
    Jordan's King Abdullah II attends the Jeddah Security and Development Summit. AFP
  • Mr Biden speaks during the GCC+3 meeting. AFP
    Mr Biden speaks during the GCC+3 meeting. AFP
  • Leaders and representatives of the Gulf Co-operation Council countries, as well as the US, Egypt, Iraq, and Jordan, attend the Jeddah Security and Development Summit. AFP
    Leaders and representatives of the Gulf Co-operation Council countries, as well as the US, Egypt, Iraq, and Jordan, attend the Jeddah Security and Development Summit. AFP
  • From left: Asa'ad bin Tariq Al Said, Deputy Prime Minister of Oman and Special Representative of the Sultan, the UAE's President, Sheikh Mohamed, Egypt's President Abdel Fattah El Sisi, Bahrain's King Hamad, US President Joe Biden, Saudi Crown Prince Mohammed bin Salman; Jordan's King Abdullah II, Qatar's Emir Sheikh Tamim bin Hamad Al Thani, Kuwait's Crown Prince Mishal Al Sabah, and Iraq's Prime Minister Mustafa Al Kadhimi, during the Jeddah Security and Development Summit. Photo: Jordanian Royal Palace / AFP
    From left: Asa'ad bin Tariq Al Said, Deputy Prime Minister of Oman and Special Representative of the Sultan, the UAE's President, Sheikh Mohamed, Egypt's President Abdel Fattah El Sisi, Bahrain's King Hamad, US President Joe Biden, Saudi Crown Prince Mohammed bin Salman; Jordan's King Abdullah II, Qatar's Emir Sheikh Tamim bin Hamad Al Thani, Kuwait's Crown Prince Mishal Al Sabah, and Iraq's Prime Minister Mustafa Al Kadhimi, during the Jeddah Security and Development Summit. Photo: Jordanian Royal Palace / AFP
  • US President Joe Biden and Saudi Crown Prince Mohammed bin Salman arrive for the family photo. AP
    US President Joe Biden and Saudi Crown Prince Mohammed bin Salman arrive for the family photo. AP
  • Crown Prince Mohammed receives Sheikh Tamim bin Hamad Al Thani, Emir of Qatar. SPA
    Crown Prince Mohammed receives Sheikh Tamim bin Hamad Al Thani, Emir of Qatar. SPA
  • Crown Prince Mohammed bin Salman receives Jordan's King Abdullah II. SPA
    Crown Prince Mohammed bin Salman receives Jordan's King Abdullah II. SPA
  • Bahrain's King Hamad is welcomed by Saudi Crown Prince Mohammed bin Salman, in Jeddah. SPA
    Bahrain's King Hamad is welcomed by Saudi Crown Prince Mohammed bin Salman, in Jeddah. SPA
  • Saudi Arabia's Crown Prince Mohammed receives Asa'ad bin Tariq, Deputy Prime Minister and Special Representative of the Sultan of Oman, in Jeddah. SPA
    Saudi Arabia's Crown Prince Mohammed receives Asa'ad bin Tariq, Deputy Prime Minister and Special Representative of the Sultan of Oman, in Jeddah. SPA
  • Saudi Crown Prince Mohammed bin Salman receives Sheikh Mishal Al Sabah, Crown Prince of Kuwait, before the Jeddah Security and Development Summit on Saturday. SPA
    Saudi Crown Prince Mohammed bin Salman receives Sheikh Mishal Al Sabah, Crown Prince of Kuwait, before the Jeddah Security and Development Summit on Saturday. SPA
  • Egypt's President Abdel Fattah El Sisi speaks with Crown Prince Mohammed after arriving for the summit. SPA
    Egypt's President Abdel Fattah El Sisi speaks with Crown Prince Mohammed after arriving for the summit. SPA
  • US President Joe Biden is received by Prince Khalid Al Faisal Al Saud, Governor of Makkah, in Jeddah. Photo: Media Office of the Governor of Mecca
    US President Joe Biden is received by Prince Khalid Al Faisal Al Saud, Governor of Makkah, in Jeddah. Photo: Media Office of the Governor of Mecca
  • Crown Prince Mohammed receives Bahrain’s Crown Prince and Prime Minister Salman bin Hamad. SPA
    Crown Prince Mohammed receives Bahrain’s Crown Prince and Prime Minister Salman bin Hamad. SPA
  • Iraq's Prime Minister Mustafa Al Kadhimi with Crown Prince Mohammed. AFP
    Iraq's Prime Minister Mustafa Al Kadhimi with Crown Prince Mohammed. AFP

US announces $1.45 billion annual aid for Jordan for next five years


Mina Aldroubi
  • English
  • Arabic

The US will provide $1.45 billion of annual aid for Jordan for five years starting next year, the White House announced on Saturday.

It comes as US President Joe Biden held talks with King Abdullah of Jordan in Saudi Arabia following the Jeddah Security and Development Summit.

The gathering of leaders included officials from the GCC, Jordan, Egypt and Iraq, and came on the final day of Mr Biden's first tour of the region since taking office.

Mr Biden visited Israel, the Occupied West Bank and Saudi Arabia to lay out Washington's vision, strategy and policies towards the Middle East.

"The United States plans to make a commitment to support the provision of no less than $1.45 billion per year in US bilateral foreign assistance to Jordan, beginning in FY 2023 and ending in FY 2029," said the statement.

The agreement will address Jordan's "extraordinary needs, supports King Abdullah II’s economic reform program and ensure the long-term strength of the close partnership between the United States and Jordan," said the statement.

The leaders discussed the historic ties between Washington and Amman, and addressed regional and international challenges.

"They noted the political and economic value of regional integration, for which Jordan can serve as an important hub for cooperation and investment in infrastructure, energy, water, food security and climate," said the statement.

King Abdullah stressed the importance of Washington's support to the kingdom’s economic reform plans, its efforts to realise more sustainable economic growth and to mitigate the impact of regional crises, the statement said.

The two leaders also reiterated "the strong defence partnerships" between them and "the commitment to their partnership in the fight against terrorism, including through cooperation within the Global Coalition to Defeat ISIS and the Aqaba Process".

On the Israel-Palestine crisis they "reaffirmed their commitment to continue working for a just, lasting and comprehensive peace on the basis of the two-state solution."

The solution stipulates that both sides will be neighbouring states with East Jerusalem as the capital of an independent Palestine.

Mr Biden and King Abdullah intend to "remain in close consultation and further develop the deep friendship between the United States and Jordan," said the statement.

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

The%20specs
%3Cp%3E%3Cstrong%3EPowertrain%3A%20%3C%2Fstrong%3ESingle%20electric%20motor%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E201hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E310Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E53kWh%20lithium-ion%20battery%20pack%20(GS%20base%20model)%3B%2070kWh%20battery%20pack%20(GF)%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E350km%20(GS)%3B%20480km%20(GF)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C900%20(GS)%3B%20Dh149%2C000%20(GF)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
De De Pyaar De

Produced: Luv Films, YRF Films
Directed: Akiv Ali
Cast: Ajay Devgn, Tabu, Rakul Preet Singh, Jimmy Sheirgill, Jaaved Jaffrey
Rating: 3.5/5 stars

The Bio

Amal likes watching Japanese animation movies and Manga - her favourite is The Ancient Magus Bride

She is the eldest of 11 children, and has four brothers and six sisters.

Her dream is to meet with all of her friends online from around the world who supported her work throughout the years

Her favourite meal is pizza and stuffed vine leaves

She ams to improve her English and learn Japanese, which many animated programmes originate in

The biog

Job: Fitness entrepreneur, body-builder and trainer

Favourite superhero: Batman

Favourite quote: We must become the change we want to see, by Mahatma Gandhi.

Favourite car: Lamborghini

Five healthy carbs and how to eat them

Brown rice: consume an amount that fits in the palm of your hand

Non-starchy vegetables, such as broccoli: consume raw or at low temperatures, and don’t reheat  

Oatmeal: look out for pure whole oat grains or kernels, which are locally grown and packaged; avoid those that have travelled from afar

Fruit: a medium bowl a day and no more, and never fruit juices

Lentils and lentil pasta: soak these well and cook them at a low temperature; refrain from eating highly processed pasta variants

Courtesy Roma Megchiani, functional nutritionist at Dubai’s 77 Veggie Boutique

THE SPECS

      

 

Engine: 1.5-litre

 

Transmission: 6-speed automatic

 

Power: 110 horsepower 

 

Torque: 147Nm 

 

Price: From Dh59,700 

 

On sale: now  

 

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Tips from the expert

Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.

  1. Sellers should focus on providing high-quality used goods at attractive prices to buyers.
  2. It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
  3. Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
  4. Be creative and look around your home for valuable items that you no longer need but might be useful to others.
While you're here
Health Valley

Founded in 2002 and set up as a foundation in 2006, Health Valley has been an innovation in healthcare for more than 10 years in Nijmegen, the Netherlands.
It serves as a place where companies, businesses, universities, healthcare providers and government agencies can collaborate, offering a platform where they can connect and work together on healthcare innovation.
Its partners work on technological innovation, new forms of diagnostics and other methods to make a difference in healthcare.
Its agency consists of eight people, four innovation managers and office managers, two communication advisers and one director. It gives innovation support to businesses and other parties in its network like a broker, connecting people with the right organisation to help them further

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Twin%20electric%20motors%20and%20105kWh%20battery%20pack%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E619hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E1%2C015Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3EUp%20to%20561km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EQ3%20or%20Q4%202022%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh635%2C000%3C%2Fp%3E%0A
STAR%20WARS%20JEDI%3A%20SURVIVOR
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Respawn%20Entertainment%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Electronic%20Arts%3Cbr%3E%3Cstrong%3EConsoles%3A%3C%2Fstrong%3E%20PC%2C%20Playstation%205%2C%20Xbox%20Series%20X%20and%20S%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
PREMIER LEAGUE FIXTURES

All times UAE ( 4 GMT)

Saturday
West Ham United v Tottenham Hotspur (3.30pm)
Burnley v Huddersfield Town (7pm)
Everton v Bournemouth (7pm)
Manchester City v Crystal Palace (7pm)
Southampton v Manchester United (7pm)
Stoke City v Chelsea (7pm)
Swansea City v Watford (7pm)
Leicester City v Liverpool (8.30pm)

Sunday
Brighton and Hove Albion v Newcastle United (7pm)

Monday
Arsenal v West Bromwich Albion (11pm)

Turkish Ladies

Various artists, Sony Music Turkey 

Porsche Macan T: The Specs

Engine: 2.0-litre 4-cyl turbo 

Power: 265hp from 5,000-6,500rpm 

Torque: 400Nm from 1,800-4,500rpm 

Transmission: 7-speed dual-clutch auto 

Speed: 0-100kph in 6.2sec 

Top speed: 232kph 

Fuel consumption: 10.7L/100km 

On sale: May or June 

Price: From Dh259,900  

Updated: June 13, 2023, 12:37 PM