Saudi Foreign Minister Prince Faisal bin Farhan warned of 'continuing escalation in the occupied territories'. Reuters
Saudi Foreign Minister Prince Faisal bin Farhan warned of 'continuing escalation in the occupied territories'. Reuters
Saudi Foreign Minister Prince Faisal bin Farhan warned of 'continuing escalation in the occupied territories'. Reuters
Saudi Foreign Minister Prince Faisal bin Farhan warned of 'continuing escalation in the occupied territories'. Reuters

Saudi Arabia brings Palestinian-Israeli two-state solution 'back to the forefront'


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Saudi Arabia's Foreign Minister Prince Faisal bin Farhan on Monday said that there would be no solution to the Palestinian-Israeli conflict without an independent Palestine.

“After many lost hope in the Palestinian cause, today, we bring the issue of a Palestinian-Israeli two-state solution back to the forefront,” Prince Faisal said.

He added that there was “continuing escalation in the occupied territories”.

The Foreign Minister was speaking to the media after heading a ministerial-level meeting in New York aimed at building peace in the Middle East.

“We seek to restart the conversation about the two-state solution, and we have fully co-ordinated with our brothers in Palestine to ensure the reversal of the situation,” he said.

He said the meeting is to revitalise peace efforts and added that the greatest need was to alleviate the suffering amid the humanitarian crisis in the Palestinian territories.

A World Bank report released on Monday said that Israeli controls on the movement of Palestinians in the Gaza Strip and the occupied West Bank are preventing them from receiving life-saving health treatments.

Israel occupied the West Bank in 1967 after the Arab-Israeli war. The area is home to about three million Palestinians.

The meeting was attended by Secretary General of the Arab League Ahmed Aboul Gheit, Egyptian Foreign Minister Sameh Shoukry, the EU's foreign policy chief Josep Borrell and Deputy Prime Minister and Foreign Minister of Jordan Ayman Al Safadi.

Seventy countries as well as a number of international organisations also took part in the meeting.

 


 

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

ESSENTIALS

The flights 
Fly Etihad or Emirates from the UAE to Moscow from 2,763 return per person return including taxes. 
Where to stay 
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.

UAE currency: the story behind the money in your pockets
The five pillars of Islam
'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

Types of policy

Term life insurance: this is the cheapest and most-popular form of life cover. You pay a regular monthly premium for a pre-agreed period, typically anything between five and 25 years, or possibly longer. If you die within that time, the policy will pay a cash lump sum, which is typically tax-free even outside the UAE. If you die after the policy ends, you do not get anything in return. There is no cash-in value at any time. Once you stop paying premiums, cover stops.

Whole-of-life insurance: as its name suggests, this type of life cover is designed to run for the rest of your life. You pay regular monthly premiums and in return, get a guaranteed cash lump sum whenever you die. As a result, premiums are typically much higher than one term life insurance, although they do not usually increase with age. In some cases, you have to keep up premiums for as long as you live, although there may be a cut-off period, say, at age 80 but it can go as high as 95. There are penalties if you don’t last the course and you may get a lot less than you paid in.

Critical illness cover: this pays a cash lump sum if you suffer from a serious illness such as cancer, heart disease or stroke. Some policies cover as many as 50 different illnesses, although cancer triggers by far the most claims. The payout is designed to cover major financial responsibilities such as a mortgage or children’s education fees if you fall ill and are unable to work. It is cost effective to combine it with life insurance, with the policy paying out once if you either die or suffer a serious illness.

Income protection: this pays a replacement income if you fall ill and are unable to continue working. On the best policies, this will continue either until you recover, or reach retirement age. Unlike critical illness cover, policies will typically pay out for stress and musculoskeletal problems such as back trouble.

ICC Awards for 2021

MEN

Cricketer of the Year – Shaheen Afridi (Pakistan)

T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)

ODI Cricketer of the Year – Babar Azam (Pakistan)

Test Cricketer of the Year – Joe Root (England)

WOMEN

Cricketer of the Year – Smriti Mandhana (India)

ODI Cricketer of the Year – Lizelle Lee (South Africa)

T20 Cricketer of the Year – Tammy Beaumont (England)

SPECS

Toyota land Cruiser 2020 5.7L VXR

Engine: 5.7-litre V8

Transmission: eight-speed automatic

Power: 362hp

Torque: 530Nm

Price: Dh329,000 (base model 4.0L EXR Dh215,900)

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Updated: September 19, 2023, 2:52 AM`