Live updates: follow the latest news on Russia-Ukraine
The UAE has called for an immediate halt to fighting in Ukraine, where scores of civilian and military casualties have been reported after Russian forces entered Ukrainian territory on Thursday.
The Ministry of Foreign Affairs and International Co-operation said it was particularly alarmed about "the consequences for civilians present in Ukraine, as well as for the region, and for the international community".
In a statement on Saturday, the Ministry called on all parties to respect international humanitarian law, prioritise the protection of civilians, and allow for the unhindered delivery of humanitarian assistance.
Lana Nusseibeh, the Emirates Permanent Representative to the UN, told the Security Council on Friday that the UAE was ready to work with fellow members to achieve de-escalation and a cessation of hostilities.
"Throughout this crisis, my country has consistently called for de-escalation and dialogue; we placed great hope in the various diplomatic initiatives and channels aimed at resolving the crisis. Those calls reflected our alarm at the consequences for civilians present in Ukraine, as well as for the region, and for the international community," Ms Nusseibeh said after the council voted on a draft resolution calling for Russia to withdraw its forces.
Russia vetoed the resolution, while 11 members voted in favour. The UAE, along with India and China, abstained as the resolution was defeated, which Ms Nusseibeh said was a "foregone conclusion".
“The result of this vote today was a foregone conclusion, but the avenues for dialogue must remain open more urgently than ever before, and we must pursue them together,” she said.
“Being from the Middle East, we are intimately aware of the critical importance of a stable regional security environment, and of de-escalation, diplomacy, and dialogue. Similarly, we understand from experience the need for inclusive and consultative processes.”
Ms Nusseibeh said the UAE supported the draft resolution’s emphasis on the need to adhere to the principles of international law and the United Nations charter.
"That must be the basis of the resumption of dialogue and of the path forward," she said.
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.
FIXTURES
All times UAE ( 4 GMT)
Friday
Saint-Etienne v Montpellier (10.45pm)
Saturday
Monaco v Caen (7pm)
Amiens v Bordeaux (10pm)
Angers v Toulouse (10pm)
Metz v Dijon (10pm)
Nantes v Guingamp (10pm)
Rennes v Lille (10pm)
Sunday
Nice v Strasbourg (5pm)
Troyes v Lyon (7pm)
Marseille v Paris Saint-Germain (11pm)
COMPANY%20PROFILE
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Key recommendations
- Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier.
- Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
- Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
- More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Fixtures
Wednesday January 8 –Oman v Namibia
Thursday January 9 – Oman v UAE
Saturday January 11 – UAE v Namibia
Sunday January 12 – Oman v Namibia
Company%20profile
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Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
