UAE Minister of State Khalifa Al Marar speaks during the UN General Assembly. Bloomberg
UAE Minister of State Khalifa Al Marar speaks during the UN General Assembly. Bloomberg
UAE Minister of State Khalifa Al Marar speaks during the UN General Assembly. Bloomberg
UAE Minister of State Khalifa Al Marar speaks during the UN General Assembly. Bloomberg


The importance of diplomacy and regional consensus on Iran


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September 29, 2021

Formed in the aftermath of the global catastrophe that was the Second World War, the UN exists to empower diplomacy over division. Our times, with Covid-19, climate change and rising geopolitical tensions with uncertain alliances, make this mission all the more pressing.

And for the Middle East, which sits in one of the most geopolitically significant and vulnerable parts of the globe, the success and integrity of the UN, particularly today, can be the difference between peace and conflict.

On Monday, UAE Minister of State Khalifa Al Marar revisited a difficult but important conversation when he called for Arab Gulf nations to play a bigger role in talks aimed at reviving a deal on Iran's nuclear programme. The previous deal, struck six years ago between Tehran and the West, had, according to Mr Al Marar, preventable “shortcomings”, a long-term consensus among many key regional allies.

“Reaching a common understanding with Iran, which addresses all regional and international concerns, remains a fundamental requirement and should start with de-escalation to achieve regional and international peace and stability,” Mr Al Marar said. The essence of what he is calling for is something that is all too often overlooked by those trying to solve the problem beyond the Middle East: input from the Arab world.

The absence of this regional perspective denies key players a chance to make important decisions concerning Iran's wider, more complex regional policy of sponsoring proxies, developing ballistic missiles and increasing use of asymmetric warfare; Tehran does not just exert destabilising pressure through its nuclear programme.

This year's UNGA has seen the region reiterate these concerns. On the same day as the UAE's statement, Yemen’s Foreign Minister, Ahmed Awad bin Mubarak, called on the international community to help end Houthi “bloodshed”. The group is a key Iranian proxy. Last Wednesday, Saudi Arabia's King Salman expressed his country's determination to keep nuclear weapons out of the Middle East, while welcoming all diplomatic efforts. Taken together, these moments, among many others, show the region is determined to form a collective response, based on diplomacy.

But the benefit of getting the Arab world involved is about more than just understanding threats. It would capitalise on a particularly promising moment for regional diplomacy. Earlier this year, the General Assembly elected the UAE to sit on its Security Council between 2022-2023. According to Article 24 of the UN Charter, all members of the organisation confer on the Security Council "primary responsibility for the maintenance of international peace and security". The UAE, with its unique regional perspectives on Iran, is ready to accept this responsibility.

The Arab world is making a strong, diplomatic case for allies to rally around the region and push for peaceful solutions. Now, it is on the rest of the international community to respond and act.

The specs

Engine: 5.0-litre supercharged V8

Transmission: Eight-speed auto

Power: 575bhp

Torque: 700Nm

Price: Dh554,000

On sale: now

Company%20Profile
%3Cp%3ECompany%20name%3A%20EduPloyment%3Cbr%3EDate%20started%3A%20March%202020%3Cbr%3ECo-Founders%3A%20Mazen%20Omair%20and%20Rana%20Batterjee%3Cbr%3EBase%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Recruitment%3Cbr%3ESize%3A%2030%20employees%3Cbr%3EInvestment%20stage%3A%20Pre-Seed%3Cbr%3EInvestors%3A%20Angel%20investors%20(investment%20amount%20undisclosed)%3C%2Fp%3E%0A
The specS: 2018 Toyota Camry

Price: base / as tested: Dh91,000 / Dh114,000

Engine: 3.5-litre V6

Gearbox: Eight-speed automatic

Power: 298hp @ 6,600rpm

Torque: 356Nm @ 4,700rpm

Fuel economy, combined: 7.0L / 100km

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

While you're here
MATCH INFO

Crawley Town 3 (Tsaroulla 50', Nadesan 53', Tunnicliffe 70')

Leeds United 0 

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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.

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Updated: September 29, 2021, 7:38 AM