The US Capitol at dawn on January 6, 2021. AP
The US Capitol at dawn on January 6, 2021. AP
The US Capitol at dawn on January 6, 2021. AP
The US Capitol at dawn on January 6, 2021. AP

US Congress forms caucus to bolster Abraham Accords


Bryant Harris
  • English
  • Arabic

Several members of the US Congress started a bipartisan caucus this week geared toward bolstering and expanding the Abraham Accords, which normalised relations between Israel and four Arab countries, including the UAE.

Four senators and four members of the House of Representatives announced the new caucus in a joint statement on Monday.

“I stand with Israel and for lasting peace in the Middle East, alongside my colleagues, as we launch the Abraham Accords Caucus,” said Republican James Lankford, who is co-founding the caucus in the Senate.

Republican Joni Ernst joined Mr Lankford as well as Democrats Cory Booker and Jacky Rosen in founding the caucus in the Senate.

“The United States must continue to play an active role in fostering further dialogue and partnership between Israel and other Arab countries, and I look forward to doing just that as part of this bipartisan group,” Mr Booker said.

The co-founders of the caucus in the House are Republicans Cathy McMorris Rogers and Ann Wagner was well as Democrats David Trone and Brad Schneider.

The caucus has the backing of several pro-Israel lobby groups, most notably the American Israel Public Affairs Committee (AIPAC), as well as the Atlantic Council, a prominent Washington-based think tank.

It also has the backing of the Abraham Accords Peace Institute, a think tank founded by Jared Kushner, former president Donald Trump’s son-in-law and adviser.

Mr Kushner facilitated the normalisation treaties after scrapping a hard-line peace plan that would have allowed Israel to annex much of the occupied Palestinian territory in the West Bank.

AIPAC and other pro-Israel groups are also pushing legislation in Congress, known as the Israel Relations Normalisation Act, that would push the Joe Biden administration to expand the Abraham Accords.

The legislation would require the State Department, Defence Department and the US Agency for International Development (USAID) to co-ordinate on a strategy convincing more countries to normalise relations with Israel.

The Biden administration expanded on the Abraham Accords last year by facilitating the creation of two trilateral working groups with the UAE and Israel focusing respectively on religious co-existence as well as energy and water.

Shortly thereafter, the UAE brokered a renewable energy sharing agreement between Israel and Jordan.

Under the agreement, the three countries will develop solar photovoltaic plants in Jordan, which will also export renewable energy into Israel.

In return, they will also develop a desalination plant in Israel to allow for the export of water into Jordan.

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QUARTER-FINAL

Wales 20-19 France

Wales: T: Wainwright, Moriarty. Cons: Biggar (2) Pens: Biggar 2

France: T: Vahaamahina, Ollivon, Vakatawa Cons: Ntamack (2)

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

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Company%20Profile
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THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

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Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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450,000

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1.5 million

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73

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18,000

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77,400

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4,926

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Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

The specs

Engine: 2.2-litre, turbodiesel

Transmission: 6-speed auto

Power: 160hp

Torque: 385Nm

Price: Dh116,900

On sale: now

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Updated: January 11, 2022, 11:10 PM