The Office of the UN High Commissioner for Human Rights reported that 17,023 civilians have been killed since February 2022, including 419 children. AP
The Office of the UN High Commissioner for Human Rights reported that 17,023 civilians have been killed since February 2022, including 419 children. AP
The Office of the UN High Commissioner for Human Rights reported that 17,023 civilians have been killed since February 2022, including 419 children. AP
The Office of the UN High Commissioner for Human Rights reported that 17,023 civilians have been killed since February 2022, including 419 children. AP

Russia has 'no genuine interest' in Ukraine talks, says US official


Adla Massoud
  • English
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Russia's bombardment of Ukraine's infrastructure proves that President Vladimir Putin has no interest in opening talks to end the war, a senior US official said on Tuesday.

Russia has been launching attacks on Ukraine's electricity and heating infrastructure since October, in what Kyiv and its allies say is a deliberate attempt to freeze Ukrainians into submission.

The attacks are “evidence that he [Mr Putin] has no genuine interest in negotiation or meaningful diplomacy”, said Lisa Carty, the US ambassador to the UN Economic and Social Council.

“But he will not succeed, because Ukraine is fighting for its freedom and for the future of its children. And we will do everything in our power to keep hope alive in Ukraine.”

Russia's UN Ambassador Vassily Nebenzia told the council that “we confirm our willingness to conduct negotiations” and that “the aim would be to eradicate the root causes that forced us to start our special military operation in Ukraine.”

But, he argued, the west isn’t interested “in a political diplomatic settlement,” pointing to NATO’s decision to expand weapons deliveries to Ukraine at its November 29 meeting.

Speaking alongside French President Emmanuel Macron last week, US President Joe Biden offered a diplomatic opening in the conflict, now in its tenth month.

“Let me choose my words very carefully,” Mr Biden said. “I'm prepared to speak with Mr Putin if, in fact, there is an interest in him deciding he's looking for a way to end the war. He hasn't done that yet.”

EU proposes special court to investigate Russia's actions in Ukraine - video

Kremlin spokesman Dmitry Peskov last week rejected Mr Biden’s condition for restarting negotiations and argued that the US refusal to recognise Russia’s annexation in late September of four territories in Ukraine “significantly complicates” the search for common ground for a possible discussion.

During a UN Security Council meeting on the humanitarian situation in Ukraine on Tuesday, France’s UN ambassador, Nicolas de Riviere, condemned Russia for violating international humanitarian law, including its attacks on civilian infrastructure.

Mr de Riviere said Moscow's actions amount to acts of terror and constitute war crimes.

“These acts are serious crimes, punishable by international law and they are part of grave violations established by this council's resolutions,” he said.

“France will continue to lend its full support to Ukrainian justice and to international jurisdictions, starting with the International Criminal Court.”

He added that his country will continue its support for Ukraine by organising an international conference on December 13 in Paris with the aim of responding to the urgent needs of the population as winter approaches and to set up a mechanism for co-ordinating aid.

Last month, European Commission President Ursula von der Leyen proposed forming a UN-backed special tribunal to try Russia for the crime of aggression in Ukraine.

France is the first major western country to publicly support the proposal.

Ukraine becomes dark patch in night satellite images — in pictures

Paris last week issued a press statement confirming that it had begun working with European and Ukrainian partners on the proposal to “establish a Special Tribunal on Russia’s Crime of Aggression against Ukraine”.

Moscow expressed “outraged” over France’s statement.

Russia’s attacks have significantly damaged Ukraine’s power grid, triggering massive power, telephone and internet cuts as well as a reduction in water supplies throughout the country. The situation has been particularly critical for Ukraine’s capital Kyiv.

The effects of the attacks on civilians have been compounded by the arrival of winter and below-freezing temperatures.

UN Under Secretary General for Humanitarian Affairs Martin Griffiths said on Tuesday that the ability of civilians “to survive in Ukraine is under attack”.

“The scale of destruction of the electrical and heating infrastructure requires the international community’s enhanced support to the government of Ukraine beyond what humanitarians can provide,” he said.

Mr Griffiths added that more than 14 million Ukrainians have been displaced, including 6.5 million who have been internally displaced and about 7.8 million refugees.

The Office of the UN High Commissioner for Human Rights reported that 17,023 civilians have been killed since February 2022, including 419 children.

The World Health Organisation said that there have been at least 715 attacks on healthcare personnel and facilities in the country.

Mr Griffiths noted that Russian missile attacks continue to impede humanitarian agencies from providing aid to civilians, particularly in the Donetsk, Luhansk, Kherson and Zaporizhzhia regions.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

The advice provided in our columns does not constitute legal advice and is provided for information only. Readers are encouraged to seek independent legal advice. 

SUNDAY'S ABU DHABI T10 MATCHES

Northern Warriors v Team Abu Dhabi, 3.30pm
Bangla Tigers v Karnataka Tuskers, 5.45pm
Qalandars v Maratha Arabians, 8pm

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

THE BIO

Mr Al Qassimi is 37 and lives in Dubai
He is a keen drummer and loves gardening
His favourite way to unwind is spending time with his two children and cooking

UAE currency: the story behind the money in your pockets
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Ruwais timeline

1971 Abu Dhabi National Oil Company established

1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants

1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed

1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.  

1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex

2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea

2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd

2014 Ruwais 261-outlet shopping mall opens

2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies

2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export

2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.

2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery 

2018 NMC Healthcare selected to manage operations of Ruwais Hospital

2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13

Source: The National

Stage 5 results

1 Tadej Pogacar (SLO) UAE Team Emirates 3:48:53

2 Alexey Lutsenko (KAZ) Astana Pro Team -

Adam Yates (GBR) Mitchelton-Scott - 

4 David Gaudu (FRA) Groupama-FDJ  0:00:04

5 Ilnur Zakarin (RUS) CCC Team 0:00:07

General Classification:

1 Adam Yates (GBR) Mitchelton-Scott 20:35:04

2 Tadej Pogacar (SlO) UAE Team Emirates 0:01:01

3 Alexey Lutsenko (KAZ) Astana Pro Team 0:01:33

4 David Gaudu (FRA) Groupama-FDJ 0:01:48

5 Rafał Majka (POL) Bora-Hansgrohe 0:02:11

War and the virus
Our legal consultants

Name: Hassan Mohsen Elhais

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

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: December 06, 2022, 10:27 PM