Iran's President Ebrahim Raisi meets China's Xi Jinping at Samarkand SCO summit


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Chinese President Xi Jinping met his Iranian counterpart Ebrahim Raisi on Friday, with the two leaders holding their first face-to-face discussions.

The meeting took place on the sidelines of the Shanghai Co-operation Organisation summit in Samarkand, Uzbekistan.

Mr Xi said the two countries had a “long-standing friendship” and that their ties had “stood the test of a changing international landscape”, state news agency Xinhua reported.

The Chinese leader also said Beijing was “ready to increase strategic communication and co-ordination” with Tehran to improve ties.

Mr Xi said he stood with Iran on “non-interference in internal affairs”.

Iran is currently negotiating a return to the 2015 nuclear deal, which it said should not allow “foreign elements” to interfere in its affairs.

“China will continue to take a constructive part in the negotiations on resuming the implementation of the Joint Comprehensive Plan of Action and support Iran in safeguarding its legitimate and lawful rights and interests,” Mr Xi said, according to Xinhua.

He also supported Iran's push to become a full member of the Shanghai Co-operation Organisation.

Mr Raisi said organisation could help in the fight against US “unilateralism” and called for the expansion of its membership.

Chinese President Xi Jinping, left, and his Iranian counterpart Ebrahim Raisi pose for picture at the Shanghai Co-operation Organisation summit in Samarkand, Uzbekistan. Getty
Chinese President Xi Jinping, left, and his Iranian counterpart Ebrahim Raisi pose for picture at the Shanghai Co-operation Organisation summit in Samarkand, Uzbekistan. Getty

The Chinese leader also met Turkish President Recep Tayyip Erdogan on the sidelines of the meeting, state media said.

During the summit, Indian Prime Minister Narendra Modi called on leaders within the organisation, including Russia and China, to address the energy and food crises sparked by the Covid-19 pandemic and the Ukraine conflict.

“The pandemic and the crisis in Ukraine have caused many disruptions in global supply chains, leaving the world facing unprecedented energy and food crises,” Mr Modi said on Friday.

“[The] SCO should strive to develop reliable, resilient and diversified supply chains in our region.”

Other than India, China and Russia, other members include Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.

Iran, one of the organisation's four observer states, applied for full membership in 2008 but its bid was affected by UN and US sanctions imposed over its nuclear programme.

China is one of the key members of the multilateral dialogue — alongside France, Germany, Britain, Russia and the US — that is trying to revive Iran's troubled 2015 nuclear deal.

From right, Chinese President Xi Jinping, Russian President Vladimir Putin and Mongolian President Ukhnaa Khurelsukh at the Shanghai Co-operation Organisation summit. AP
From right, Chinese President Xi Jinping, Russian President Vladimir Putin and Mongolian President Ukhnaa Khurelsukh at the Shanghai Co-operation Organisation summit. AP

Xi and Putin meet

Meanwhile, Mr Xi told Russian President Vladimir Putin on Thursday the two countries could “inject stability” into the world as the pair held their first face-to-face talks since Russia invaded Ukraine.

The meeting with Mr Putin was part of Mr Xi's first trip abroad since the early days of the Covid-19 pandemic.

“China is willing to make efforts with Russia to assume the role of great powers, and play a guiding role to inject stability and positive energy into a world rocked by social turmoil,” Mr Xi told Mr Putin.

He said China was willing to work with Russia to support “each other's core interests”, CCTV reported.

In a clear swipe at the US, Mr Putin said “attempts to create a unipolar world have recently acquired an absolutely ugly form and are completely unacceptable”.

“We highly appreciate the balanced position of our Chinese friends in connection with the Ukrainian crisis,” he told Mr Xi, while repeating Moscow's backing for China on Taiwan.

“We adhere to the principle of one China. We condemn the provocation of the US and their satellites in the Taiwan Strait,” Mr Putin said, after a US Senate committee on Wednesday took the first step aimed at directly providing billions of dollars in American military aid to Taiwan.

It was the first in-person meeting between the two leaders since they met in early February at the Winter Olympic Games, days before the Russia invaded Ukraine.

Turkish President Recep Tayyip Erdogan speaks to Azerbaijani President Ilham Aliyev, Uzbek President Shavkat Mirziyoyev, Russian President Vladimir Putin, Belarusian President Alexander Lukashenko and Iranian President Ebrahim Raisi, obscured, at the Shanghai Co-operation Organisation summit in Samarkand, Uzbekistan. AP
Turkish President Recep Tayyip Erdogan speaks to Azerbaijani President Ilham Aliyev, Uzbek President Shavkat Mirziyoyev, Russian President Vladimir Putin, Belarusian President Alexander Lukashenko and Iranian President Ebrahim Raisi, obscured, at the Shanghai Co-operation Organisation summit in Samarkand, Uzbekistan. AP
The specs

Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

Torque: 350 and 360Nm

Transmission: eight-speed automatic

Price: from Dh136,521 VAT and Dh166,464 VAT 

On sale: now

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
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Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

UAE currency: the story behind the money in your pockets
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
'Morbius'

Director: Daniel Espinosa 

Stars: Jared Leto, Matt Smith, Adria Arjona

Rating: 2/5

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

How to invest in gold

Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.

Hidden killer

Sepsis arises when the body tries to fight an infection but damages its own tissue and organs in the process.

The World Health Organisation estimates it affects about 30 million people each year and that about six million die.

Of those about three million are newborns and 1.2 are young children.

Patients with septic shock must often have limbs amputated if clots in their limbs prevent blood flow, causing the limbs to die.

Campaigners say the condition is often diagnosed far too late by medical professionals and that many patients wait too long to seek treatment, confusing the symptoms with flu. 

The biog

Name: Abeer Al Bah

Born: 1972

Husband: Emirati lawyer Salem Bin Sahoo, since 1992

Children: Soud, born 1993, lawyer; Obaid, born 1994, deceased; four other boys and one girl, three months old

Education: BA in Elementary Education, worked for five years in a Dubai school

 

Volunteers offer workers a lifeline

Community volunteers have swung into action delivering food packages and toiletries to the men.

When provisions are distributed, the men line up in long queues for packets of rice, flour, sugar, salt, pulses, milk, biscuits, shaving kits, soap and telecom cards.

Volunteers from St Mary’s Catholic Church said some workers came to the church to pray for their families and ask for assistance.

Boxes packed with essential food items were distributed to workers in the Dubai Investments Park and Ras Al Khaimah camps last week. Workers at the Sonapur camp asked for Dh1,600 towards their gas bill.

“Especially in this year of tolerance we consider ourselves privileged to be able to lend a helping hand to our needy brothers in the Actco camp," Father Lennie Connully, parish priest of St Mary’s.

Workers spoke of their helplessness, seeing children’s marriages cancelled because of lack of money going home. Others told of their misery of being unable to return home when a parent died.

“More than daily food, they are worried about not sending money home for their family,” said Kusum Dutta, a volunteer who works with the Indian consulate.

The specs

Engine: 3.5-litre V6

Power: 272hp at 6,400rpm

Torque: 331Nm from 5,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.7L/100km

On sale: now

Price: Dh149,000

 

UAE currency: the story behind the money in your pockets
Results

5.30pm: Maiden Dh165,000 (Turf) 1,600m; Winner: Al Battar, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer).

6.05pm: Maiden Dh165,000 (Dirt) 1,200m; Winner: Good Fighter, Richard Mullen, Satish Seemar.

6.40pm: Handicap Dh185,000 (T) 1,200m; Winner: Way Of Wisdom, Tadhg O’Shea, Satish Seemar.

7.15pm: Handicap Dh170,000 (D) 2,200m; Winner: Immortalised, Tadhg O’Shea, Satish Seemar.

7.50pm: Handicap Dh185,000 (T) 2,000m; Winner: Franz Kafka, James Doyle, Simon Crisford.

8.25pm: Handicap Dh185,000 (D) 1,200m; Winner: Mayadeen, Connor Beasley, Doug Watson.

9pm: Handicap Dh185,000 (T) 1,600m; Winner: Chiefdom, Mickael Barzalona, Salem bin Ghadayer

The specs

Engine: 6.2-litre supercharged V8

Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

Price: Dh380,000

On sale: now 

The specs: Macan Turbo

Engine: Dual synchronous electric motors
Power: 639hp
Torque: 1,130Nm
Transmission: Single-speed automatic
Touring range: 591km
Price: From Dh412,500
On sale: Deliveries start in October

Updated: September 16, 2022, 10:59 AM`