UAE Minister of State for International Co-operation Reem Al Hashimy meets Italy's Minister for Foreign Affairs Antonio Tajani at the Ukraine Recovery Conference in Rome. EPA
UAE Minister of State for International Co-operation Reem Al Hashimy meets Italy's Minister for Foreign Affairs Antonio Tajani at the Ukraine Recovery Conference in Rome. EPA
UAE Minister of State for International Co-operation Reem Al Hashimy meets Italy's Minister for Foreign Affairs Antonio Tajani at the Ukraine Recovery Conference in Rome. EPA
UAE Minister of State for International Co-operation Reem Al Hashimy meets Italy's Minister for Foreign Affairs Antonio Tajani at the Ukraine Recovery Conference in Rome. EPA

UAE to foster women's businesses and support children in Ukraine


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The UAE has signed a declaration supporting women-led small businesses and improving access to education for children affected by the war in Ukraine.

The commitment was made at the Ukraine Recovery Conference in Rome, where the UAE delegation was led by Reem Al Hashimy, Minister of State for International Co-operation.

UN High Commissioner for Refugees representative Karolina Lindholm Billing told the conference the Russian invasion of Ukraine in 2022 forced almost 10 million people to flee their homes, with about 3.8 million displaced within the country and 5.6 million abroad, but most of them want to stay close to their homes.

The conference is expected to finalise individual deals of guarantees and grants to unlock more than 10 billion euros ($12 billion) in investments.

Ms Al Hashimy met Olena Zelenska, the wife of Ukrainian President Volodymyr Zelenskyy, and the UAE signed a new set of collaborative programmes with the Olena Zelenska Foundation.

These initiatives will enhance psychosocial services, expand access to education, and create safe spaces for children affected by the conflict.

The UAE also concluded a trilateral declaration with Italy and Ukraine aimed at strengthening Ukraine’s institutional capacities and fostering women-led small businesses.

Minister of State for International Co-operation Reem Al Hashimy at a meeting with Olena Zelenska, wife of Ukrainian President Volodymyr Zelenskyy, in Abu Dhabi in February. Getty
Minister of State for International Co-operation Reem Al Hashimy at a meeting with Olena Zelenska, wife of Ukrainian President Volodymyr Zelenskyy, in Abu Dhabi in February. Getty

The declaration establishes joint technical co-operation in digital transformation, vocational training and governance, while ensuring that women’s economic empowerment remains a priority.

It was developed in co-ordination with Ukraine's Deputy Prime Minister Yulia Svyrydenko and Italian Deputy Foreign Minister Edmondo Cirielli.

Separately, the UAE and Italy signed a declaration to widen support for children, adolescents, and young adults in Ukraine.

The initiative focuses on educational and psychosocial assistance and the renovation of protective shelters, delivered in partnership with the Olena Zelenska Foundation and other humanitarian groups.

“To us, recovery is not simply about rebuilding but about supporting the conditions for long-term stability,” said Ms Al Hashimy. “That includes restoring trust, dignity, and local agency.”

As participants in the fourth Ukraine Recovery Conference gathered on Thursday and Friday, European leaders urged private business and equity to invest in rebuilding Ukraine now, even as Russia accelerates its war effort.

Ms Lindholm Billing said UNHCR is working with Ukraine's government on a “winter response plan,” which will include cash assistance for vulnerable families to pay for firewood, coal and briquettes to warm homes in front line areas where energy systems are damaged.

“At the moment, most who are newly displaced remain within the country and that’s what most people prefer to do as well – to stay as close as possible to their home regions,” she said.

The UNHCR representative said that every day the organisation and its local partners help people who are victims of aerial attacks, including recent strikes on Kyiv and Kharkiv.

“People evacuating from front line areas need support. But at the same time, we have to continue helping Ukraine’s immediate recovery, so that people who want to stay in Ukraine can actually do that,” Ms Lindholm Billing said.

June brought the highest monthly civilian casualties of the past three years, with 232 people killed and 1,343 wounded.

Russia launched 10 times more drones and missiles in June than in the same month last year, the UN human rights mission in Ukraine said.

Fatigue over the war in Ukraine and US-led foreign aid cuts are jeopardising efforts to support people fleeing hardship, the head of the UN migration agency warned.

“It's three-and-a-half years into the conflict. I think it's fair to say that everybody is tired, and we hear that even from Ukrainians who've been experiencing the ongoing attacks in their cities and often have been displaced multiple times,” she told Reuters.

Amy Pope, director general of the UN's International Organisation for Migration, said: “The response to it, though, has to be peace, because ultimately, without peace, there won't be an end, not only to the funding request, but also to the support for the Ukrainian people.”

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

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The five pillars of Islam
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Leaderboard

63 - Mike Lorenzo-Vera (FRA)

64 - Rory McIlroy (NIR)

66 - Jon Rahm (ESP)

67 - Tom Lewis (ENG), Tommy Fleetwood (ENG)

68 - Rafael Cabrera-Bello (ESP), Marcus Kinhult (SWE)

69 - Justin Rose (ENG), Thomas Detry (BEL), Francesco Molinari (ITA), Danny Willett (ENG), Li Haotong (CHN), Matthias Schwab (AUT)

The President's Cake

Director: Hasan Hadi

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

Rating: 4/5

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

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Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Graduated from the American University of Sharjah

She is the eldest of three brothers and two sisters

Has helped solve 15 cases of electric shocks

Enjoys travelling, reading and horse riding

 

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

Secret Nation: The Hidden Armenians of Turkey
Avedis Hadjian, (IB Tauris)
 

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

Aayan%E2%80%99s%20records
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Name: Colm McLoughlin

Country: Galway, Ireland

Job: Executive vice chairman and chief executive of Dubai Duty Free

Favourite golf course: Dubai Creek Golf and Yacht Club

Favourite part of Dubai: Palm Jumeirah

 

Sweet%20Tooth
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MATCH INFO

English Premiership semi-finals

Saracens 57
Wasps 33

Exeter Chiefs 36
Newcastle Falcons 5

The story in numbers

18

This is how many recognised sects Lebanon is home to, along with about four million citizens

450,000

More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps

1.5 million

There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m

73

The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association

18,000

The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme

77,400

The number of people believed to be affected by the current nationality law, according to the 2009 UN study

4,926

This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee

Price, base / as tested From Dh173,775 (base model)
Engine 2.0-litre 4cyl turbo, AWD
Power 249hp at 5,500rpm
Torque 365Nm at 1,300-4,500rpm
Gearbox Nine-speed auto
Fuel economy, combined 7.9L/100km

THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

The specs

Price, base / as tested Dh100,000 (estimate)

Engine 2.4L four-cylinder 

Gearbox Nine-speed automatic 

Power 184bhp at 6,400rpm

Torque 237Nm at 3,900rpm

Fuel economy, combined 9.4L/100km

The%20Genius%20of%20Their%20Age
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Updated: July 11, 2025, 3:53 PM