US to give Dh550 million in new aid to Palestinians


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WASHINGTON // The US secretary of state, Hillary Rodham Clinton, announced today that the US is to transfer $150 million (Dh550m) in new aid to the Palestinian Authority.

Mrs Clinton also criticised Israel's new construction plans for East Jerusalem saying they were an obstacle to reviving peace talks.

Mrs Clinton, speaking from the State Department, said the US was "deeply disappointed" by the Israeli move. She called it "counterproductive" and said it undermined trust between Israelis and Palestinians.

President Barack Obama voiced similar criticism yesterday of the Israelis' latest building plan for East Jerusalem. The Palestinians hope to make that section of the city the capital of their new state.

The settlement issue is likely to come up again when Mrs Clinton meets with Israeli Prime Minister Benjamin Netanyahu in New York tomorrow.

UAE currency: the story behind the money in your pockets

White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

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COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

PREMIER LEAGUE FIXTURES

Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

West Ham v Wolves (8.30pm)

Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)

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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years