Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has met Grand Duke Henri of Luxembourg at Expo 2020 Dubai.
During the meeting at the Luxembourg pavilion, the pair discussed several issues of common concern.
The talks also touched on the importance of developing areas of co-operation, especially in sectors that support sustainable development and contribute to the progress and prosperity of the two countries.
The Luxembourg pavilion at Expo is designed to give visitors a sense of the valleys and gorges in the European country.
Its unusual architecture is intended to make visitors step back and consider the concept of an object with no boundaries.
The outer curved steel structure runs in a loop and resembles a broad ribbon with no end.
Organisers also aimed to make it fun, by including a slide.
Running from the top of the pavilion to the bottom, it is a nod to the Schueberfouer, the annual funfair in Luxembourg, which has more than 200 rides and attracts two million visitors each summer.
Meeting with Estonian president
Sheikh Mohammed also met the President of Estonia, Alar Karis, at the Estonia pavilion at Expo 2020 in the Mobility District.
Sheikh Mohammed praised the relations between the UAE and Estonia and the co-operation between the countries in many fields, especially e-governance and the digital economy.
Estonia marked its country day on Sunday with its pop artist of the year, NOEP, and Estonian Voices, an award-winning vocal a cappella group that mixes jazz, classical and folk styles, playing at the world's fair.
The Estonia pavilion focuses is on the progress the country has made in e-services and e-governance. The exhibits seek to showcase the country as a lab where new ideas can be tried and start-ups can be launched.
Mr Karis also visited Dubai's Museum of the Future, accompanied by a delegation of 15 senior government officials led by Anneli Ott, Estonian Minister of Culture.
He was briefed on the museum’s role, which reflects the vision of Sheikh Mohammed, to create a platform for futurists and provide specialised labs for the fields of health, education, smart cities, energy, transportation and the future economy.
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Mumbai Indians 213/6 (20 ov)
Royal Challengers Bangalore 167/8 (20 ov)
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UAE currency: the story behind the money in your pockets
What can you do?
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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
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MATCH INFO
Bayern Munich 2 Borussia Monchengladbach 1
Bayern: Zirkzee (26'), Goretzka (86')
Gladbach: Pavard (37' og)
Man of the Match: Breel Embolo (Borussia Monchengladbach)
VEZEETA PROFILE
Date started: 2012
Founder: Amir Barsoum
Based: Dubai, UAE
Sector: HealthTech / MedTech
Size: 300 employees
Funding: $22.6 million (as of September 2018)
Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC
At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
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ETFs explained
Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.
ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.
There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
UAE currency: the story behind the money in your pockets
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MATCH INFO
Borussia Dortmund 0
Bayern Munich 1 (Kimmich 43')
Man of the match: Joshua Kimmich (Bayern Munich)
Last 10 NBA champions
2017: Golden State bt Cleveland 4-1
2016: Cleveland bt Golden State 4-3
2015: Golden State bt Cleveland 4-2
2014: San Antonio bt Miami 4-1
2013: Miami bt San Antonio 4-3
2012: Miami bt Oklahoma City 4-1
2011: Dallas bt Miami 4-2
2010: Los Angeles Lakers bt Boston 4-3
2009: Los Angeles Lakers bt Orlando 4-1
2008: Boston bt Los Angeles Lakers 4-2
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
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COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
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