Morocco now has flights from Casablanca to Tel Aviv. Co-operation between Israel and Morocco expanded quickly since ties were re-established as part of the US-brokered Abraham Accords in late 2020. AFP
Morocco now has flights from Casablanca to Tel Aviv. Co-operation between Israel and Morocco expanded quickly since ties were re-established as part of the US-brokered Abraham Accords in late 2020. AFP
Morocco now has flights from Casablanca to Tel Aviv. Co-operation between Israel and Morocco expanded quickly since ties were re-established as part of the US-brokered Abraham Accords in late 2020. AF
Thomas Watkins is Washington bureau chief at The National
September 14, 2023
There's not a lot that US politicians like to agree on these days, but this week has seen a rare glimpse of public bonhomie between Democrats and Republicans that harkens back to pre-polarised times where bipartisanship was routine.
Driving this show of collegiality in Washington are the Abraham Accords, the landmark dealsestablishing relations between Israel and the UAE and a number of Arab countries,which this week mark their third anniversary.
The accords have ushered in an unprecedented era of co-operation between Israel and parts of the Arab world. For instance, there are now more than 150 flights each week between the UAE and Israel, attesting to the mushrooming business and tourist connections between the countries. A year ago guests from around the world flew into Abu Dhabi to join celebrations of the biggest Jewish wedding held in the UAE.
US President Joe Biden’s administration was initially tepid in its public praise of the Abraham Accords, a signature achievement of the Trump era, but soon embraced the agreements and sought to build on them by including other countries.
Celebrations at the wedding in Abu Dhabi. Victor Besa / The National
All eyes are now on Saudi Arabia to see whether it will forge its own agreement to establish relations with a country it has never formally recognised. There are indications Riyadh may be open to a deal with Israel, but it has long said it will not establish formal ties until Israel makes progress in attaining peace with the Palestinians.
At an event hosted by the Atlantic Council at the US Capitol on Wednesday, Israel's Ambassador to Washington, Michael Herzog, repeated his country's enthusiasm for a deal with Saudi Arabia.
“There is a window of opportunity right now,” said Israel’s ambassador to the US, Michael Herzog.
“The [Biden] administration would like to do it, our government would like to do it, I understand there is Saudi openness to doing it.”
Several recent media reports have sketched the outlines of a potentialgrand bargain that would see Saudi Arabia secure Palestinian support for a deal with Israel by resuming funding for the Palestinian Authority. In return for a deal, the reports claim, the US would provide security guarantees to Riyadh.
A Saudi-Israeli rapprochement would be a game-changer for the region, serving as a green light for morecountries to forge their own relations with Israel.
At Wednesday's event, however, Terry Wolff, Senior Director for the Middle East at the National Security Council, signalled that a Saudi-Israeli deal is still a ways off.
“There is a pathway for this and the details will come together over time. I think it will take a lot of serious discussion,” said the retired three-star general. “We're at the discussion phase now, not really the negotiation phase.”
A US-orchestrated deal would be considered a key foreign policy win for President Joe Biden ahead of the 2024 presidential election and would no doubt be championed as proof that the US retains influence in the Middle East even as it reduces its regional presence and Gulf countries play a larger role on the global stage.
Largely absent from Wednesday's discussions, though, were the actions of the far-right government of Israeli Prime Minister Benjamin Netanyahu, which has increased its occupation of the West Bank, with the government accelerating the construction of new settlements. An ensuing surge in violence has been accompanied by domestic chaos as Mr Netanyahu seeks to push through judicial reforms that critics say threaten the country's democracy.
Still, Daniel Shapiro, special advisor for regional integration at the US State Department, described the moment as “a real opportunity regarding the potential for normalisation between Israel and Saudi Arabia”. Speaking via video link from Israel, he noted that there was “potentially a Palestinian component” to a future deal.
The real unknown in all this, of course, is Riyadh. There were no Saudi speakers at Wednesday's event and the country is playing its cards close to its chest in terms of any future deal with Israel.
“The Abraham Accords, we all believe, have been transformational for the region. If Saudi Arabia joins, it will be even that much more transformational,” said Congresswoman Kathy Manning, who sits on the House Foreign Affairs Committee.
Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, speaks to Donald Trump, US president at the time, and Israeli Prime Minister Benjamin Netanyahu in the Oval Office in September 2020. Ministry of Foreign Affairs and International Co-operation
Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets Mike Pompeo, US secretary of state at the time. Wam
Sheikh Abdullah and Mr Pompeo in Washington. Wam
Sheikh Abdullah visits Washington in September last year. Wam
Sheikh Abdullah, UAE Minister of Foreign Affairs and International Co-operation, US President Donald Trump, centre, and Israeli Prime Minister Benjamin Netanyahu sign the Abraham Accord at the White House South Lawn. MOFAIC
Sheikh Abdullah and, from left, Bahrain's Foreign Minister Abdullatif Al Zayani, Israeli Prime Minister Benjamin Netanyahu and US President Donald Trump at the White House. MOFAIC
Sheikh Abdullah, Mr Al Zayani and Mr Netanyahu at the White House during the Abraham Accord signing ceremony. MOFAIC
Sheikh Abdullah and, from left, Mr Netanyahu, Mr Trump and Mr Al Zayani wave from the Truman Balcony at the White House. AFP
Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump sign the Abraham Accord. AFP
Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump after the signing ceremony. AFP
Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump after the signing ceremony. AFP
Sheikh Abdullah speaks from the Truman Balcony at the White House during the signing ceremony of the Abraham Accord. AFP
Sheikh Abdullah speaks as Mr Trump looks on before the signing of Abraham Accord on the South Lawn of the White House. AP
Sheikh Abdullah looks on from the White House as Mr Trump speaks at the Abraham Accord signing ceremony, also attended by Mr Al Zayani and Mr Netanyahu. AP
Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, Israeli Prime Minister Benjamin Netanyahu, left, and Bahraini Foreign Minister Abdullatif Al Zayani stand on the Blue Room Balcony during the signing ceremony. AP
Sheikh Abdullah and Mr Al Zayani shortly before participating in the signing of the Abraham Accord. AFP
Sheikh Abdullah, with Mr Netanyahu, left, and Mr Al Zayani at the signing of the Abraham Accord on the South Lawn of the White House. AFP
US President Donald Trump speaks from the Truman Balcony at the White House during the signing ceremony of the Abraham Accord. AFP
President Donald Trump walks to the Abraham Accord signing ceremony at the White House with Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, Israeli Prime Minister Benjamin Netanyahu, and Bahrain's Foreign Minister Abdullatif Al Zayani. AP
US Secretary of State Mike Pompeo arrives at the White House to attend the Abraham Accord signing ceremony hosted by President Donald Trump. EPA
Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets US President Donald Trump in the Oval Office of the White House before the signing of Abraham Accord. AFP
Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, in the Oval Office. AFP
Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets US President Donald Trump in the Oval Office of the White House. AFP
Sheikh Abdullah with Mr Trump in the Oval Office. AFP
Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, with by President Donald Trump at the White House. Mustafa Alrawi / The National
The UAE delegation led by Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, with US President Donald Trump at the White House. Mustafa Alrawi / The National
Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, is welcomed to the White House by US President Donald Trump. EPA
Sheikh Abdullah and Mr Trump outside the White House. AFP
Sheikh Abdullah bin Zayed speaks to Mr Trump after arriving at the White House. Reuters
White House Senior Adviser Jared Kushner walks away following a television interview on the North Lawn at the White House in Washington. Reuters
US President Donald Trump and First Lady Melania Trump welcome the arrival of Prime Minister of Israel Benjamin Netanyahu and his wife Sara on the North Lawn of the White House in Washington DC. AFP
A delegation of senior UAE officials led by Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, prepares to depart for the White House to sign the Abraham Accord. MOFAIC
US President Donald Trump welcomes Bahraini Foreign Minister Abdullatif Al Zayani. AFP
Bahraini Foreign Minister Abdullatif Al Zayani arrives at the White House in Washington DC. AFP
US President Donald Trump welcomes Bahraini Foreign Minister Abdullatif Al Zayani on the North Lawn of the White House in Washington, DC. AFP
Preparations at the White House for the signing of the Abraham Accord.
Preparations under way at the White House for the signing of the Abraham Accord.
Preparations under way at the White House for the signing of the Abraham Accord.
Preparation at the White House for the signing of the Abraham Accord. The National
Which honey takes your fancy?
Al Ghaf Honey
The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year
Sidr Honey
The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest
Samar Honey
The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments
National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
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
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
An arms embargo
A ban on uranium enrichment and reprocessing
A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
A targeted global asset freeze and travel ban on Iranian individuals and entities
Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
The Lowdown
Kesari
Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available. Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus. Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel. Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.