Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, on Tuesday attended an official state reception hosted by Chinese President Xi Jinping as part of the third Belt and Road Forum for International Co-operation in Beijing.
The two-day international gathering, which concludes on Wednesday, marks the 10th anniversary of China's flagship infrastructure project, which aims to strengthen global trade links.
President Xi's landmark strategy combines a land "economic belt" and a "maritime silk road" to link China with South-East, South and Central Asia, the Arabian Gulf, North Africa and then Europe.
More than 130 countries and international organisations are participating in the forum, which is expected to produce a series of trade agreements.
Russian President Vladimir Putin is among the global leaders taking part in the event.
Mr Putin told Chinese state media ahead of his visit that he sees BRI projects as a sign of China's “desire for co-operation” abroad. He praised the initiative, saying it is a platform for international co-operation, where “no one imposes anything on others”.
Sheikh Saud conveyed the greetings of President Sheikh Mohamed to the Chinese leader, expressing his hope for the summit to achieve its goal to bolster economic development and forge closer ties between the international community.
President XI, in turn, called for the UAE's continued progress and prosperity.
The Ruler of Ras Al Khaimah took part in discussions with a number of world leaders during the high-level event.
He was accompanied at the reception by Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, UAE Special Envoy for Climate Change and Cop28 President- designate.
Sheikh Saud toured Beijing's landmark Imperial Palace Museum, housed in the capital's renowned Forbidden City, as part of his visit.
He was briefed on the rich history of the spectacular monument, which served as the seat of power of Chinese emperors during the Ming and Qing dynasties.
The RAK Ruler inspected a treasure trove of historic artefacts on display at the cultural attraction, highlighting that some archeological items unearthed in Ras Al Khaimah were on display.
Sheikh Saud was joined on the tour by Sheikh Salem Al Qassimi, Minister of Culture and Youth; Dr Thani Al Zeyoudi, Minister of State for Foreign Trade and Hussain Al Hammadi, UAE Ambassador to China.
Ahmad Al Falasi, Minister of Education is also part of the Emirati delegation in China.
RESULT
Arsenal 2
Sokratis Papastathopoulos 45 4'
Eddie Ntkeiah 51'
Portsmouth 0
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WISH
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How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
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UAE currency: the story behind the money in your pockets
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Results:
Men's wheelchair 800m T34: 1. Walid Ktila (TUN) 1.44.79; 2. Mohammed Al Hammadi (UAE) 1.45.88; 3. Isaac Towers (GBR) 1.46.46.
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
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
How to turn your property into a holiday home
- Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
- Research equivalent Airbnb homes in your location to ensure competitiveness.
- Post on all relevant platforms to reach the widest audience; whether you let personally or via an agency know your potential guest profile – aiming for the wrong demographic may leave your property empty.
- Factor in costs when working out if holiday letting is beneficial. The annual DCTM fee runs from Dh370 for a one-bedroom flat to Dh1,200. Tourism tax is Dh10-15 per bedroom, per night.
- Check your management company has a physical office, a valid DTCM licence and is licencing your property and paying tourism taxes. For transparency, regularly view your booking calendar.