Saudi Foreign Minister Prince Faisal bin Farhan and Russian Foreign Minister Sergey Lavrov have held talks in Moscow. AP
Saudi Foreign Minister Prince Faisal bin Farhan and Russian Foreign Minister Sergey Lavrov have held talks in Moscow. AP
Saudi Foreign Minister Prince Faisal bin Farhan and Russian Foreign Minister Sergey Lavrov have held talks in Moscow. AP
Saudi Foreign Minister Prince Faisal bin Farhan and Russian Foreign Minister Sergey Lavrov have held talks in Moscow. AP

Saudi Arabia's priority is permanent Gaza ceasefire, says Foreign Minister


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Saudi Arabia's priority is to reach a permanent ceasefire in Gaza, despite growing speculation about the kingdom establishing relations with Israel, Foreign Minister Prince Faisal bin Farhan said on Friday.

Prince Faisal was asked about the future of Saudi ties with Israel during a visit to Moscow. "What we are seeing is the Israelis are crushing Gaza, the civilian population of Gaza," he said. "This is completely unnecessary, completely unacceptable and has to stop."

Since returning to the White House in January, US President Donald Trump has made expanding the Abraham Accords, which established relations between Israel and several Arab states, a central foreign policy goal.

Before the Gaza war erupted in October 2023, Saudi Arabia was in advanced talks to join the Abraham Accords and establish relations with Israel, in a move mediated by the US. But Israel’s war on Gaza halted that momentum, with Riyadh publicly emphasising the need for a credible path towards a Palestinian state before moving forward.

In 2024, Prince Faisal said the kingdom could not establish ties with Israel without the Palestinian issue being resolved.

More than 57,000 Palestinians have been killed in Israel's assault on Gaza since October 7, 2023, health authorities in the enclave have said. The war began when Hamas led an attack on Israel that killed 1,200 people, with about 240 taken hostage.

During his visit to Moscow, Prince Faisal met Russian Foreign Minister Sergey Lavrov. They held a joint press conference after talks on subjects that included regional and international developments, as well as areas of co-operation between their countries.

On Iran, Prince Faisal stressed the importance of resuming diplomatic negotiations over the country's nuclear programme and said Tehran also needed to co-operate fully with the UN nuclear watchdog.

Iranian Foreign Minister Abbas Araghchi said on Thursday that Iran “remains committed to the nuclear Non-Proliferation Treaty and its safeguards agreement”, a day after President Masoud Pezeshkian approved a law suspending co-operation with the International Atomic Energy Agency.

“Our co-operation with the IAEA will be channelled through Iran's Supreme National Security Council for obvious safety and security reasons,” Mr Araghchi said in a post on X.

Iranian leaders have accused the agency of providing Israel with grounds for attacking its nuclear sites, after the IAEA board censured Tehran last month for failing to comply with its obligations under the non-proliferation treaty, which is intended to stop the spread of nuclear weapons.

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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MATCH INFO

Quarter-finals

Saturday (all times UAE)

England v Australia, 11.15am 
New Zealand v Ireland, 2.15pm

Sunday

Wales v France, 11.15am
Japan v South Africa, 2.15pm

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What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

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Starring: Saja Kilani, Clara Khoury, Motaz Malhees

Director: Kaouther Ben Hania

Rating: 4/5

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

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Developer: From Software (remaster by QLOC)
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The bio

Job: Coder, website designer and chief executive, Trinet solutions

School: Year 8 pupil at Elite English School in Abu Hail, Deira

Role Models: Mark Zuckerberg and Elon Musk

Dream City: San Francisco

Hometown: Dubai

City of birth: Thiruvilla, Kerala

What is Diwali?

The Hindu festival is at once a celebration of the autumn harvest and the triumph of good over evil, as outlined in the Ramayana.

According to the Sanskrit epic, penned by the sage Valmiki, Diwali marks the time that the exiled king Rama – a mortal with superhuman powers – returned home to the city of Ayodhya with his wife Sita and brother Lakshman, after vanquishing the 10-headed demon Ravana and conquering his kingdom of Lanka. The people of Ayodhya are believed to have lit thousands of earthen lamps to illuminate the city and to guide the royal family home.

In its current iteration, Diwali is celebrated with a puja to welcome the goodness of prosperity Lakshmi (an incarnation of Sita) into the home, which is decorated with diyas (oil lamps) or fairy lights and rangoli designs with coloured powder. Fireworks light up the sky in some parts of the word, and sweetmeats are made (or bought) by most households. It is customary to get new clothes stitched, and visit friends and family to exchange gifts and greetings.  

 

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

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Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

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Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
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Profile of Foodics

Founders: Ahmad AlZaini and Mosab AlOthmani

Based: Riyadh

Sector: Software

Employees: 150

Amount raised: $8m through seed and Series A - Series B raise ongoing

Funders: Raed Advanced Investment Co, Al-Riyadh Al Walid Investment Co, 500 Falcons, SWM Investment, AlShoaibah SPV, Faith Capital, Technology Investments Co, Savour Holding, Future Resources, Derayah Custody Co.

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

Updated: July 04, 2025, 12:28 PM