EU budget restraints will not hit UAE mission



The European Union's planned embassy in Abu Dhabi will not be hit by the crisis affecting the economies of the EU countries.

The EU wants to globally expand its political presence - but budgetary restraints could affect this plan.

Lady Catherine Ashton, the EU's high representative for foreign affairs and security policy, announced the plans for the UAE embassy last month.

"For other embassies we have to wait for the final decision on the budget but what we know is if we would like to open new embassies we have to close others," said an EU official on the sidelines of the European summit.

The summit of EU leaders in Brussels discussed the budget yesterday and today in Brussels.

"To open one in the Emirates we have to close others," the EU official added.

"We are closing one in the Pacific, New Caledonia, and the other will be in Suriname [in South America]."

After the closures, the plan for the moment, due to the lack of resources, is for the European External Action Service to open the first embassy in Abu Dhabi and then the next one in Tripoli, Libya.

"We do not know the outcome of the discussion by EU leaders on the budget, what we know is that our current budget is not going to increase but we are not sure if or by how much it will be cut," said the official.

Last month,Lady Ashton said she was "very pleased to announce the opening of an EU delegation in the United Arab Emirates, as this decision highlights the importance both of our geo-strategic interests in and our political and economic ties with this country, as well as with the Gulf Cooperation Council as a whole".

Michael Mann, spokesman for Lady Ashton, said Abu Dhabi was chosen because of the UAE's strong ties with the EU.

"Due to the importance of our relations with the GCC we want to have more representations there and we are planning further missions," he said.

A senior EU official said the mission would serve as a fully fledged embassy, unlike other EU delegations around the world.

"The mission will serve as an embassy and have a political and trade role," he said.

"Previously the delegations had representatives, not ambassadors, limiting the political role they had.

"This embassy will have an EU ambassador to the United Arab Emirates and will have a trade mission."

Patrice Bergamini, head of the European External Action Service's directorate for Middle East, North Africa and Arabian Peninsula, said that the choice was also down to the transparency and level of commitment presented by the Emirates in tackling terrorism.

"The UAE accompany the EU's efforts in the fight against terrorism. In Afghanistan they are on the ground and have committed soldiers and jet fighters, also their efforts in Libya," he said.

"Compared with other countries, the UAE has preferred transparent ways and channels to support economically and financially the democratic process and has engaged countries like Egypt, Libya and Tunisia."

The Foreign Minister, Sheikh Abdullah Bin Zayed, said the opening of an EU Embassy would contribute to strengthening relations between the UAE and EU, and GCC and the EU. His statement was made to the state news agency Wam last month.

He said that the EU's decision to open a mission was an important step in the interest of standing relations between the two sides, and one that highlighted the UAE's role and its distinguished relations with the effective regional and international communities.

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if you go

The flights

Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes. 

The hotels

Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes. 

When to visit

March-May and September-November

Visas

Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

The Energy Research Centre

Founded 50 years ago as a nuclear research institute, scientists at the centre believed nuclear would be the “solution for everything”.
Although they still do, they discovered in 1955 that the Netherlands had a lot of natural gas. “We still had the idea that, by 2000, it would all be nuclear,” said Harm Jeeninga, director of business and programme development at the centre.
"In the 1990s, we found out about global warming so we focused on energy savings and tackling the greenhouse gas effect.”
The energy centre’s research focuses on biomass, energy efficiency, the environment, wind and solar, as well as energy engineering and socio-economic research.

Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

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SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

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Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding

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