Saudi-backed negotiations to release prisoners of war captured by Russian forces in Ukraine began in April, the country's foreign minister said on Friday.
Ten men were returned from captivity on Wednesday after mediation by Saudi Crown Prince Mohammed bin Salman.
They included Britons Aiden Aslin, Shaun Pinner, Andrew Harding, Dylan Healy and Andrew Hill, who arrived in the UK early on Thursday.
Saudi Minister of State for Foreign Affairs Adel Al Jubeir said the Crown Prince personally worked on the deal to release the detainees over several months. He said it was correct that negotiations began in April.
“There was an initiative by his royal highness the Crown Prince to try to find a way of facilitating some dialogue and we learnt about the issue of these foreign detainees and engaged with the UK and others and of course Russia and Ukraine to work towards the end of getting them out,” he told the Radio 4 Today programme on Friday.
He said the deal was linked to Turkey’s efforts to get more than 200 Ukrainian prisoners of war released in exchange for Russian soldiers and a politician.
“It was necessary to achieve a breakthrough on the issue of these 10 foreign nationals in order for the other deal to go ahead and that exchange happened when the 10 nationals arrived in Saudi territory and were verified, [which] allowed the other exchange to go ahead,” Mr Al Jubeir said.
“All parties understood that that is an important part of the transaction. From my perspective Ukraine felt that this was a part of their interest and they were keen to get them out and it was necessary to facilitate the broader deal and have them out as well and that’s where the Crown Prince’s intervention was crucial and critical. Everybody was keen that we saw a deal that covers everybody,” he said
Mr Al Jubeir said the country hoped to build on the work to address the issues underlying the conflict.
“We are committed to negotiating a settlement and at the same time we have made clear our position on the invasion,” he said.
“We have condemned it at the UN National Assembly but we want to keep an open dialogue with all parties. We feel it is very important the relationship we have with Russia, it is, we believe, helpful in facilitating this transaction and potential future dialogues and we think that it is important to keep all contact open.”
He said the world must look for other potential opportunities to negotiate peace.
“Now we must engage to look for these opportunities, I cannot predict when that will happen but I hope it will be sooner rather than later. This mediation gives us hope that will happen.”
On Friday it emerged that former Chelsea Football Club owner Roman Abramovich welcomed the British prisoners of war on to a flight out of Russia.
Mr Harding said Mr Abramovich identified himself to Mr Pinner on the flight leaving Russia, while Mr Harding spoke to Mr Abramovich's assistant who said the Russian had played a "key part" in their release.
Mr Pinner and Mr Aslin were sentenced to death by a court in the self-proclaimed Donetsk People's Republic in July after being convicted of acting as mercenaries in Ukraine.
The pair, who are both married to Ukrainian partners, moved to Ukraine in 2018.
They each served in Ukraine’s armed forces for years before Russia’s invasion and were captured in Mariupol defending the besieged city.
Speaking on Sky News outside his home in Nottinghamshire on Thursday, Mr Aslin said: “I just want to thank [Ukrainian President Volodymyr] Zelenskyy, the Saudi authorities, everyone else who was involved in our release.”
The%20specs
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UAE currency: the story behind the money in your pockets
THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
Torque: 250Nm
Price: Dh64,500
On sale: Now
The specs: Volvo XC40
Price: base / as tested: Dh185,000
Engine: 2.0-litre, turbocharged in-line four-cylinder
Gearbox: Eight-speed automatic
Power: 250hp @ 5,500rpm
Torque: 350Nm @ 1,500rpm
Fuel economy, combined: 10.4L / 100km
Multitasking pays off for money goals
Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.
That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.
"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.
Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."
People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.
"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."
FIXTURES
Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)
Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)
Friday, February 1
Final, Zayed Sports City Stadium (6pm)
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Try out the test yourself
Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer
Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer
Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer
The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania.
Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).
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
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