The president of Afghanistan Hamid Karzai, left, shakes hands with the UN secretary general, Ban Ki-moon. Karzai says his country will need help “for at least another decade”.
The president of Afghanistan Hamid Karzai, left, shakes hands with the UN secretary general, Ban Ki-moon. Karzai says his country will need help “for at least another decade”.
The president of Afghanistan Hamid Karzai, left, shakes hands with the UN secretary general, Ban Ki-moon. Karzai says his country will need help “for at least another decade”.
The president of Afghanistan Hamid Karzai, left, shakes hands with the UN secretary general, Ban Ki-moon. Karzai says his country will need help “for at least another decade”.

Karzai: we need international support


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BONN, GERMANY // An international conference yesterday on the future of Afghanistan was overshadowed by a public display of bad blood between the United States and Pakistan, the two nations with the greatest stake and say in making Afghanistan safe and solvent.

Pakistan boycotted the conference in the German city of Bonn at which some 100 nations and international organisations, including the United Nations, pledged political and financial support to ensure Afghanistan's stability after international troops leave the country in 2014.

Islamabad decided not to attend the conference to protest an apparently errant US air raid last month that killed 24 Pakistani soldiers along the border with Afghanistan. The strike enhanced the perception in Pakistan that Nato and the US were its true enemies, not the Taliban militants who operate on both sides of the border.

"It was unfortunate that they did not participate," said Hillary Clinton, the US secretary of state. "I expect that Pakistan will be involved going forward and we expect them to play a constructive role."

Pakistan has been seen as instrumental to ending the insurgency in Afghanistan because of its links to militant groups and its unwillingness, from the US and Nato perspective, to drive insurgents from safe havens on its soil where they regroup and rearm.

Germany and the US had once hoped the conference would showcase progress towards a political settlement between Afghanistan and the Taliban-led insurgency that 10 years of fighting by international forces has failed to dislodge. Instead, it became a status report on halting progress on other fronts and a glaring reminder that neither the Taliban nor Pakistan was ready to sign up to the international agenda for Afghanistan.

Participating nations were to pledge their support for an inclusive Afghan-led reconciliation process on condition that any outcome must reject violence, terrorism and endorse the Afghan constitution and its guarantee of human rights.

Yousuf Raza Gilani, the Pakistani president, said that his country was committed to working with Afghanistan to bring insurgent leaders into talks with the government.

The US has sought an agreement with the Afghan government establishing operating rules for the small number of remaining US forces and other issues after international forces withdraw.

Afghanistan's fragile government presented a sobering view of its long-term financial dependence and promised fiscal reforms along with a renewed crackdown on corruption. The country will need international handouts for years after most foreign forces - currently totalling about 130,000 international troops - leave Afghanistan in 2014.

"Together we have spent blood and treasure in fighting terrorism," sais the Afghan president Hamid Karzai. "Your continued solidarity, your commitment and support will be crucial so that we can consolidate our gains and continue to address the challenges that remain. We will need your steadfast support for at least another decade," Karzai added, echoing an assessment by the World Bank.

Donor nations did not commit to specific figures at the one-day session yesterday, but pledged that economic and other advances in Afghanistan since the removal of the Taliban government in 2001 should be safeguarded with continued funding. A donor conference will be held in July in Japan. Despite more than a decade of international intervention, Afghanistan still ranks among the world's poorest and most corrupt nations in the world.

Company%20Profile
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Three trading apps to try

Sharad Nair recommends three investment apps for UAE residents:

  • For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
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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

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The years Ramadan fell in May

1987

1954

1921

1888

Countries offering golden visas

UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.

Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence. 

'Joker'

Directed by: Todd Phillips

Starring: Joaquin Phoenix

Rating: Five out of five stars

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: 2017 Ford F-150 Raptor

Price, base / as tested Dh220,000 / Dh320,000

Engine 3.5L V6

Transmission 10-speed automatic

Power 421hp @ 6,000rpm

Torque 678Nm @ 3,750rpm

Fuel economy, combined 14.1L / 100km

RESULT

West Brom 2 Liverpool 2
West Brom: Livermore (79'), Rondón (88' ) 
Liverpool: Ings (4'), Salah (72') 

'Skin'

Dir: Guy Nattiv

Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga

Rating: 3.5/5 stars

The Florida Project

Director: Sean Baker

Starring: Bria Vinaite, Brooklynn Prince, Willem Dafoe

Four stars

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

'Fantastic Beasts: The Secrets of Dumbledore'

Rating: 3/5

Directed by: David Yates

Starring: Mads Mikkelson, Eddie Redmayne, Ezra Miller, Jude Law

Roll of honour

Who has won what so far in the West Asia Premiership season?

Western Clubs Champions League - Winners: Abu Dhabi Harlequins; Runners up: Bahrain

Dubai Rugby Sevens - Winners: Dubai Exiles; Runners up: Jebel Ali Dragons

West Asia Premiership - Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins

UAE Premiership Cup - Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles

West Asia Cup - Winners: Bahrain; Runners up: Dubai Exiles

West Asia Trophy - Winners: Dubai Hurricanes; Runners up: DSC Eagles

Final West Asia Premiership standings - 1. Jebel Ali Dragons; 2. Abu Dhabi Harlequins; 3. Bahrain; 4. Dubai Exiles; 5. Dubai Hurricanes; 6. DSC Eagles; 7. Abu Dhabi Saracens

Fixture (UAE Premiership final) - Friday, April 13, Al Ain – Dubai Exiles v Abu Dhabi Harlequins

UAE currency: the story behind the money in your pockets
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Results for Stage 2

Stage 2 Yas Island to Abu Dhabi, 184 km, Road race

Overall leader: Primoz Roglic SLO (Team Jumbo - Visma)

Stage winners: 1. Fernando Gaviria COL (UAE Team Emirates) 2. Elia Viviani ITA (Deceuninck - Quick-Step) 3. Caleb Ewan AUS (Lotto - Soudal)

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
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.