President Sheikh Mohamed receives EU's Charles Michel in Abu Dhabi


Sunniva Rose
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President Sheikh Mohamed received EU Council President Charles Michel in Abu Dhabi on Friday, marking the conclusion of the European leader's tour of the Gulf.

They discussed ways to boost co-operation between Europe and the UAE. The leaders also spoke about the first Gulf Co-operation Council-EU forum scheduled for October 16 in Brussels.

Heads of state from the EU's 27 members and the six GCC countries are scheduled to attend the coming summit, which builds on a two-year-old strategy to strengthen ties between the two regions.

"President Michel has invested a lot of effort and reach out in the past two years to upgrade the level of relationship between the EU and the GCC," an EU source told The National.

The meeting at Al Shati Palace came on the third and final day of Mr Michel's tour of Gulf nations, which also included diplomatic visits to Qatar and Saudi Arabia.

Sheikh Mohamed and Mr Michel discussed tensions in the Middle East, emphasising the need for an urgent ceasefire in Gaza and deescalating tensions in the West Bank.

Mr Michel commended the UAE’s contributions towards peace and stability in the Middle East, and highlighted the growing co-operation between Brussels and the Emirates, state news agency Wam reported.

The President said the UAE would continue to work with the EU to improve the humanitarian situation in Gaza and beyond.

Sheikh Mohamed and Mr Michel discussed ways to further build economic and political ties and a coming Gulf-EU forum in Brussels in October. UAE Presidential Court
Sheikh Mohamed and Mr Michel discussed ways to further build economic and political ties and a coming Gulf-EU forum in Brussels in October. UAE Presidential Court

The EU in May 2022 launched a strategic partnership that included issues of shared concern, such as security and the green transition. A few months later, it nominated its first EU-Gulf envoy, former Italian Foreign Affairs Minister Luigi di Maio.

Organisers hope the October summit will create a framework to improve co-operation in different areas, the EU source said.

Mr Michel's mandate ends in late November, just over a month after the summit. He is set to be succeeded by former Portuguese prime minister Antonio Costa.

The continuing wars in Gaza and Ukraine have been topics of discussion between Gulf leaders and Mr Michel, who landed on Tuesday in Qatar where he met the Emir Sheikh Tamim.

Mr Michel welcomed Qatar's role in the mediation talks to de-escalate the war between Israel and Hamas in Gaza. He then travelled to Riyadh for talks with Crown Prince Mohammed Bin Salman.

Other steps to strengthen ties include the EU's harmonisation of Schengen rule requirements for visa applications in a bid to encourage more Gulf students, entrepreneurs and tourists to visit Europe.

This came one month after the first high-level EU-Gulf security summit to strengthen co-operation on matters such as nuclear proliferation, maritime security, terrorism financing and human trafficking.

Friday's meeting was attended by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi; Sheikh Abdullah bin Zayed, Deputy Prime Minister and Minister of Foreign Affairs; Sheikh Hamdan bin Mohamed, Deputy Chairman of the Presidential Court for Special Affairs; Sheikh Mohammed bin Hamad bin Tahnoun, Adviser for Special Affairs at the Presidential Court; Reem Al Hashimy, Minister of State for International Co-operation; and a number of Sheikhs and officials.

COMPANY%20PROFILE
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Dubai Rugby Sevens

November 30-December 2, at The Sevens, Dubai

Gulf Under 19

Pool A – Abu Dhabi Harlequins, Jumeirah College Tigers, Dubai English Speaking School 1, Gems World Academy

Pool B – British School Al Khubairat, Bahrain Colts, Jumeirah College Lions, Dubai English Speaking School 2

Pool C - Dubai College A, Dubai Sharks, Jumeirah English Speaking School, Al Yasmina

Pool D – Dubai Exiles, Dubai Hurricanes, Al Ain Amblers, Deira International School

Company%20Profile
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The%20specs%20
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Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Racecard
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PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450 employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

The Lowdown

Us

Director: Jordan Peele

Starring: Lupita Nyong'o, Winston Duke, Shahadi Wright Joseqph, Evan Alex and Elisabeth Moss

Rating: 4/5

The results of the first round are as follows:

Qais Saied (Independent): 18.4 per cent

Nabil Karoui (Qalb Tounes): 15.58 per cent

Abdelfattah Mourou (Ennahdha party): 12.88 per cent

Abdelkarim Zbidi (two-time defence minister backed by Nidaa Tounes party): 10.7 per cent

Youssef Chahed (former prime minister, leader of Long Live Tunisia): 7.3 per cent

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Fixtures

Wednesday

4.15pm: Japan v Spain (Group A)

5.30pm: UAE v Italy (Group A)

6.45pm: Russia v Mexico (Group B)

8pm: Iran v Egypt (Group B)

Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

Updated: September 01, 2024, 3:43 AM