Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, is part of the high-level delegation accompanying Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces. He has responded to questions from the state's Turkish Radio and Television Corporation (TRT) about the visit. Below is the text:
What is the significance of Sheikh Mohamed bin Zayed's visit to Turkey?
This visit is significant in a number of ways. It comes at a time when both the UAE and Turkey are working together on a vision for a more peaceful, stable and prosperous future for the region. This collaboration is centred around tolerance, mutual benefit, shared interests and building bridges.
The main aim of Sheikh Mohamed’s visit is to create economic value through enhancing trade, business partnerships and investments. The UAE and Turkey have two of the most dynamic economies and societies in the region. We both have diverse cultures, we are both focused on economic growth and we both believe that economic progress is key to achieving a sustainable future.
We both have diverse cultures, we are both focused on economic growth and we both believe that economic progress is key to achieving a sustainable future
Dr Sultan Al Jaber
The relationship between the UAE and Turkey is not a new one. We have enjoyed social, economic and cultural co-operation for years. In fact, the UAE is Turkey’s largest regional trading partner. However, this visit, at the invitation of Turkey’s President Recep Tayyip Erdogan, truly marks a new era to take these ties to new levels. We have a very strong common foundation and we can and should build on it.
What sectors in particular will likely be the focus of enhanced economic ties between the UAE and Turkey?
We are taking a comprehensive approach to this partnership. We will build on the existing foundation between the two countries and enhance our economic, trade and social ties across multiple sectors, including energy, health care, food and agriculture, logistics, ports, transportation, industry and manufacturing, infrastructure, finance and capital markets, technology, tourism, culture and more.
We also aim to forge partnerships to address global challenges together like climate change, energy, food, and water security.
What is the current nature of the UAE’s economic relations with Turkey?
We both have open and inclusive economies and understand the value of partnerships. The UAE is Turkey’s largest regional trading partner. From 2019 to 2020, UAE exports to Turkey increased by more than 110 per cent and total trade increased by 21 per cent.
Over the past five years, the UAE mostly invested in Turkey's transportation, renewable energy and tourism sectors, while Turkish investments in the UAE focused on construction, automotive components and renewable energy.
We are now ready to enter the next phase and to build on those investments. I look forward to expanding on these partnerships in various fields and across various industries.
What is behind the recent shift in UAE-Turkish relations?
It is our common interests, genuine commitment and shared vision for peace, stability and prosperity, not just for us but for the broader region. From our engagements with our various Turkish counterparts, it is evident and very clear that we share a similar outlook and agree on a range of topics that are strategically important to both of us.
In addition to this, the art of partnership is part of our DNA and it has been key to our success over the years.
And as we celebrate our Golden Jubilee, partnerships and building bridges will continue to be central to our next 50-year development plans. So, we are laser-focused on prioritising sustainable economic growth and prosperity alongside regional and global partners.
That means establishing stronger economic, trade, business and cultural ties with nations around the world like Turkey. As a close regional neighbour Turkey is just a great natural partner.
Is there any specific message you would like to relay to the Turkish people?
I would like to invite the people of Turkey to come visit the UAE and to enjoy Expo 2020 Dubai and see for yourselves how 192 countries, including Turkey, of course, have come together to connect minds and create the future.
The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
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
Scoreline
Man Utd 2 Pogba 27', Martial 49'
Everton 1 Sigurdsson 77'
MATCH INFO
Manchester United 6 (McTominay 2', 3'; Fernandes 20', 70' pen; Lindelof 37'; James 65')
Leeds United 2 (Cooper 41'; Dallas 73')
Man of the match: Scott McTominay (Manchester United)
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Cinco in numbers
Dh3.7 million
The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown
46
The number, in kilograms, that Swarovski’s wedding gown weighed.
1,000
The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]
50
How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday
3,000
The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.
1.1 million
The number of followers that Michael Cinco’s Instagram account has garnered.
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
COMPANY PROFILE
Name: Xpanceo
Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
The specs: 2018 Mercedes-Benz E 300 Cabriolet
Price, base / as tested: Dh275,250 / Dh328,465
Engine: 2.0-litre four-cylinder
Power: 245hp @ 5,500rpm
Torque: 370Nm @ 1,300rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.0L / 100km
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
CONFIRMED%20LINE-UP
%3Cp%3EElena%20Rybakina%20(Kazakhstan)%3Cbr%3EOns%20Jabeur%20(Tunisia)%3Cbr%3EMaria%20Sakkari%20(Greece)%3Cbr%3EBarbora%20Krej%C4%8D%C3%ADkov%C3%A1%20(Czech%20Republic)%3Cbr%3EBeatriz%20Haddad%20Maia%20(Brazil)%3Cbr%3EJe%C4%BCena%20Ostapenko%20(Latvia)%3Cbr%3ELiudmila%20Samsonova%3Cbr%3EDaria%20Kasatkina%3Cbr%3EVeronika%20Kudermetova%3Cbr%3ECaroline%20Garcia%20(France)%3Cbr%3EMagda%20Linette%20(Poland)%3Cbr%3ESorana%20C%C3%AErstea%20(Romania)%3Cbr%3EAnastasia%20Potapova%3Cbr%3EAnhelina%20Kalinina%20(Ukraine)%3Cbr%3EJasmine%20Paolini%20(Italy)%3Cbr%3EEmma%20Navarro%20(USA)%3Cbr%3ELesia%20Tsurenko%20(Ukraine)%3Cbr%3EEmma%20Raducanu%20(Great%20Britain)%20%E2%80%93%20wildcard%3C%2Fp%3E%0A
The specs: 2018 Harley-Davidson Fat Boy
Price, base / as tested Dh97,600
Engine 1,745cc Milwaukee-Eight v-twin engine
Transmission Six-speed gearbox
Power 78hp @ 5,250rpm
Torque 145Nm @ 3,000rpm
Fuel economy, combined 5.0L / 100km (estimate)
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
Married Malala
Malala Yousafzai is enjoying married life, her father said.
The 24-year-old married Pakistan cricket executive Asser Malik last year in a small ceremony in the UK.
Ziauddin Yousafzai told The National his daughter was ‘very happy’ with her husband.
