The latest sanctions were imposed after Russia carried out another wave of strikes against Ukraine's civilian energy infrastructure. AP
The latest sanctions were imposed after Russia carried out another wave of strikes against Ukraine's civilian energy infrastructure. AP
The latest sanctions were imposed after Russia carried out another wave of strikes against Ukraine's civilian energy infrastructure. AP
The latest sanctions were imposed after Russia carried out another wave of strikes against Ukraine's civilian energy infrastructure. AP

EU hits Russian drone supplies in latest round of sanctions


Neil Murphy
  • English
  • Arabic

The European Union on Friday imposed another round of sanctions on Russia, including restricting the export of drone engines to it or countries such as Iran.

The measure was part of the ninth wave of sanctions the EU has issued against Russia since the invasion of Ukraine in February.

The effort is the latest attempt to impede Moscow's ability to wage war on its neighbour.

Some EU states complained it was a “missed opportunity” after states such as Belgium and the Netherlands demanded exemptions from earlier sanctions on fertiliser producers.

They said that the easing was needed to smooth the export of agricultural products to the rest of the world and reduce the risk of famine — an argument rejected by Poland and Lithuania.

The dispute held up the approval of the sanctions until an EU leaders summit on Thursday.

The new measures include adding almost 200 individuals and entities to an asset freeze and visa blacklist.

“This includes the Russian armed forces, as well as individual officers and defence industrial companies, members of the State Duma and Federation Council, ministers, Russian proxy authorities in occupied areas of Ukraine and political parties, among others,” the EU said.

Three banks were hit, including the Russian Regional Development Bank, in an effort to “further paralyse [President Vladimir] Putin's cash machines”.

Four more Russian television chains were also barred from broadcasting in the bloc.

In terms of broader economic sanctions, new EU investments in the Russian mining sector were banned, except for “certain raw materials”.

The export of more dual-use goods that could serve Moscow's war effort were also prohibited, and EU firms were prevented from offering services such as market research and advertising.

The latest sanctions were imposed after Moscow carried out another wave of strikes against Ukraine's civilian energy infrastructure.

The EU has imposed eight rounds of sanctions on Russia since the invasion, including on its oil exports.

Diplomats said that the bloc is running out of ways to hurt the Russian economy as the war drags towards its 10th month.

The bloc has shied away from hitting Russian gas supplies out of fear of further pushing up energy prices. It has also steered clear of sectors important to individual member states, such as diamonds.

The EU, along with its partners in the G7, introduced measures last week aimed at capping the price of Russian oil sold on the world market in an effort to limit funds for the Russia military.

The bloc's ban on seaborne crude imports from Russia also came into force, after initially being agreed to early this year.

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3ESplintr%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMay%202019%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EMohammad%20AlMheiri%20and%20Badr%20AlBadr%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20and%20Riyadh%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Epayments%20%2F%20FinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESize%3A%20%3C%2Fstrong%3E10%20employees%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3Eundisclosed%20seven-figure%20sum%20%2F%20pre-seed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStage%3A%20%3C%2Fstrong%3Eseed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3Eangel%20investors%3C%2Fp%3E%0A
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

The biog

Full name: Aisha Abdulqader Saeed

Age: 34

Emirate: Dubai

Favourite quote: "No one has ever become poor by giving"

Story%20behind%20the%20UAE%20flag
%3Cp%3EThe%20UAE%20flag%20was%20first%20unveiled%20on%20December%202%2C%201971%2C%20the%20day%20the%20UAE%20was%20formed.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIt%20was%20designed%20by%20Abdullah%20Mohammed%20Al%20Maainah%2C%2019%2C%20an%20Emirati%20from%20Abu%20Dhabi.%C2%A0%3C%2Fp%3E%0A%3Cp%3EMr%20Al%20Maainah%20said%20in%20an%20interview%20with%20%3Cem%3EThe%20National%3C%2Fem%3E%20in%202011%20he%20chose%20the%20colours%20for%20local%20reasons.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20black%20represents%20the%20oil%20riches%20that%20transformed%20the%20UAE%2C%20green%20stands%20for%20fertility%20and%20the%20red%20and%20white%20colours%20were%20drawn%20from%20those%20found%20in%20existing%20emirate%20flags.%3C%2Fp%3E%0A
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

 

UAE currency: the story behind the money in your pockets
Updated: December 17, 2022, 2:03 PM