President Sheikh Mohamed received Philippines President Ferdinand Marcos Jr in Abu Dhabi on Tuesday. The two leaders discussed ways to explore opportunities across sectors such as trade and sustainability.
"Today, I welcomed President Ferdinand Marcos Jr to Abu Dhabi to discuss opportunities to further deepen co-operation between the UAE and the Philippines across vital fields, including economy, trade and sustainability," Sheikh Mohamed said in a post on X. "As our countries celebrate 50 years of friendship and collaboration, we remain committed to bolstering ties and bringing lasting benefit to our peoples."
Sheikh Mohamed expressed his hope that the visit would herald a new and significant chapter in the development of relations between the two nations, according to state news agency Wam. During the meeting, which took place at Qasr Al Shati, Sheikh Mohamed emphasised the evolving relationship between the UAE and the Philippines, which has seen considerable progress over the years, particularly in the area of development.
Highlighting that this year marks the 50th anniversary of the establishment of diplomatic relations between the countries, Sheikh Mohamed said the UAE looks forward to continuing discussions aimed at reaching a trade agreement with the Philippines. He pointed out the significant trade between the UAE and Asean (Association of South-East Asia Nations), of which the Philippines is a member, emphasising that this partnership further enhances already strong relations between the two.
Mr Marcos Jr reiterated the Philippines' commitment to strengthening co-operation with the UAE on all levels, "building on the solid foundations of their long-standing relationship to advance mutual interests".
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, also met with Mr Marcos Jr on Tuesday. He said UAE-Philippines relations have been a "stable and continuous partnership for 50 years" and noted that 660,000 Filipinos work in the UAE, with more than 500,000 tourists travelling to the nation from the archipelago every year.
The visit follows talks in June between Sheikh Abdullah bin Zayed, Deputy Prime Minister and Minister of Foreign Affairs, and Mr Marcos at Malacanang Palace in Manila. During that meeting, Sheikh Abdullah conveyed the greetings of Sheikh Mohamed and wished for progress and prosperity to the Filipino people, state news agency Wam reported.
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Stamp duty timeline
December 2014: Former UK finance minister George Osbourne reforms stamp duty, replacing the slab system with a blended rate scheme, with the top rate increasing to 12 per cent from 10 per cent:
Up to £125,000 - 0%; £125,000 to £250,000 – 2%; £250,000 to £925,000 – 5%; £925,000 to £1.5m: 10%; Over £1.5m – 12%
April 2016: New 3% surcharge applied to any buy-to-let properties or additional homes purchased.
July 2020: Rishi Sunak unveils SDLT holiday, with no tax to pay on the first £500,000, with buyers saving up to £15,000.
March 2021: Mr Sunak decides the fate of SDLT holiday at his March 3 budget, with expectations he will extend the perk unti June.
April 2021: 2% SDLT surcharge added to property transactions made by overseas buyers.
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Water waste
In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.
Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.
A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.
The Emirates is the world’s third largest per capita water consumer after the US and Canada.