Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, receives British prime minister Theresa May in Manama on December 6, 2016. Wam
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, receives British prime minister Theresa May in Manama on December 6, 2016. Wam
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, receives British prime minister Theresa May in Manama on December 6, 2016. Wam
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, receives British prime minister Theresa May in Manama on December 6, 2016. Wam

GCC summit kicks off in Manama as Sheikh Mohammed meets British PM


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Abu Dhabi // Sheikh Mohammed bin Rashid led the UAE delegation to the two-day GCC Summit on Tuesday, which is also being attended by UK prime minister Theresa May as she looks to expand trade ties ahead of Britain’s exit from the European Union.

The 37th annual talks among the six Gulf member states in Manama were expected to focus on security within the GCC, economic integration and enhancing regional policy alignment, especially regarding the region’s conflicts, the challenges of extremism, low oil prices and the growing clout of Iran in the Middle East.

Along with Sheikh Mohammed, Vice President and Ruler of Dubai, the country’s delegation included deputy prime minister Sheikh Saif bin Zayed, foreign minister Sheikh Abdullah, and Obaid Al Tayer, minister of state for financial affairs.

Ms May, who is both the first British prime minister and the first female leader to attend the summit, is seeking to enhance the Gulf strategy pursued by her Conservative predecessor that has taken on more urgency after the UK’s vote to leave the EU.

Sheikh Mohammed, who met with Ms May on Tuesday, tweeted afterwards: “In this fast-changing global climate, the solid bond and friendship between our nations and people remain as solid as ever.”

London hopes that by building on its relationships in the Arabian Gulf, it can offset economic fallout from its EU departure, and show that it still is an important international power. The election of the unpredictable Donald Trump to the White House may also help Ms May make her case in the Gulf.

“I hope my visit will herald the start of a new chapter in relations between the United Kingdom and the Gulf – a true strategic partnership that enables us to together seize the opportunities ahead and ensure the security and prosperity of our people”, Ms May said before she arrived in Manama.

“I will have the opportunity to talk to all six leaders about how we can develop our trade relationship, as well as cooperation on security and defence,” she said. “As the UK leaves the EU, we should seize the opportunity to forge a new trade arrangement between the UK and the Gulf.

Under David Cameron, a long-term strategy was put in place that seeks to diversify the economic relationship with the Gulf beyond defence and security, and promote tourism and cultural links between Britain and the GCC as well as to more closely coordinate on fostering regional stability.

Mr Cameron’s government began work on a permanent UK naval base in Bahrain, and announced plans for a permanent army facility in Oman – the two GCC countries with the closest ties to Britain.

But aligning with the GCC on a strategic vision for the region that will provide a framework for the future of London’s relationships in the Gulf could prove difficult for Ms May, as it has with the US under Barack Obama, especially as calculations diverge regarding the threat posed by Tehran, the war in Yemen and the causes of extremism.

But the Gulf countries are eager to work with foreign partners on economic diversification, which will be the focus of talks in Manama.

tkhan@thenational.ae

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UAE currency: the story behind the money in your pockets
The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

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Scoreline

Chelsea 1
Azpilicueta (36')

West Ham United 1
Hernandez (73')

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

UAE currency: the story behind the money in your pockets
Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

Match info

What: Fifa Club World Cup play-off
Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

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Available: Now

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Gothia Cup 2025

4,872 matches 

1,942 teams

116 pitches

76 nations

26 UAE teams

15 Lebanese teams

2 Kuwaiti teams

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Match info

Uefa Champions League Group H

Juventus v Valencia, Tuesday, midnight (UAE)

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Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

UAE currency: the story behind the money in your pockets
Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent