UAE and Russia sign major deals in energy and aviation


John Dennehy
  • English
  • Arabic

Aboard the pride of the Russian airfleet, Vladimir Putin touched down in Abu Dhabi on Tuesday to a royal welcome reserved for only the UAE’s most valued partners.

The Russian leader's Ilyushin 96 jet landed at the airport after midday and he travelled in a convoy of more than a dozen vehicles to Qasr Al Watan as helicopters hovered overhead.

Along the route, the streets were festooned with Emirati and Russian flags and Al Fursan aerobatics team streamed across the sky displaying the colours of the Russian flag.

Both sides agreed on a host of deals on Tuesday across energy, nuclear power, aviation and the environment.

Energy took centre stage. Abu Dhabi National Oil Company signed a major agreement with Russia’s Gazprom Neft to team up in production, artificial intelligence and techniques to extract more oil from existing fields.

The two sides will look for opportunities in exploration and production and will look at a collaboration in sour gas, or gas with a large volume of sulphur.

Most gas caps in Abu Dhabi are sulphurous, including Ghasha, in which Russian company Lukoil has secured a 5 per cent concession.

This marks the first time a Russian energy company has taken part in Abu Dhabi’s exploration and production.

Dr Sultan Al Jaber, Minister of State and Adnoc Group chief executive said: "This comprehensive framework agreement with Gazprom Neft is a natural evolution of the close and deep bilateral relations between the UAE and Russia, and provides a foundation to strengthen and expand the strategic energy relationship between both countries."

Aviation was another area in which huge progress was made. Both sides agreed to increase flights between the two countries from the current 100 a week.

Mr Putin’s trip further cemented the increasingly close partnership between the countries and the welcome afforded to him was a testament to the flourishing ties.

“I am very pleased to see my brother and friend after more than a year since our last meeting in Moscow,” said Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.

“Moscow is my second home and I would like to thank you again for your warm welcome during my visit. The UAE is honoured with your visit today.”

The UAE and Russia agreed to deepen the already strong partnership in space and tourism, and regional energy co-operation through Opec+, the group of oil producers that has sought to bolster the oil market since 2016.

Mr Putin presented a white gyrfalcon to Sheikh Mohamed, who gave the Russian leader an ornate model of Qasr Al Hosn.

Mr Putin arrived at the gilded halls of Qasr Al Watan about 1.30pm as a 21-gun salute boomed and the sweet smell of oud drifted through the Presidential Palace in a traditional Emirati welcome.

It is exactly 12 years since Mr Putin last visited the UAE and the Russian leader said he was pleased to be in the country again.

Sheikh Mohamed and Vladimir Putin exchange gifts. Ministry of Presidential Affairs
Sheikh Mohamed and Vladimir Putin exchange gifts. Ministry of Presidential Affairs

“During the short tour from the airport to your headquarters, I watched from the car window the vigorous dynamism of the development of your country,” he said.

Mr Putin first greeted sheikhs, dignitaries and government ministers. The national anthems of both countries played and he inspected an Emirati guard of honour.

Sheikh Mohamed and the Russian leader then met the UAE’s first astronaut, Hazza Al Mansouri, and his backup Sultan Al Neyadi.

Maj Al Mansouri returned to the UAE days ago from a mission to the International Space Station on board a Russian-made Soyuz rocket.

Mr Putin congratulated the UAE on Maj Al Mansouri’s achievements and said Russia would continue to support the country's space ambitions.

Within an hour, the formalities were over and both leaders prepared for a busy day of high-level meetings and bilateral engagements at the palace.

At a meeting between the two leaders and their delegations, Sheikh Mohamed said the partnership between the two countries was of immense importance.

"I hope this visit will have a deep effect to enhance the strategic relationship between our countries and lead to further opportunities for each country,” he said.

The UAE has been in celebration mode all week. A spectacular display of Russian culture opened at Emirates Palace hotel on Monday.

During UAE-Russia week, visitors can sample a slice of Russian life through folk dancing, food and ballet until Thursday.

“Cultural collaboration and the sharing of our traditional heritage with one another are integral to bringing our two cultures closer,” said Noura Al Kaabi, Minister of Culture and Knowledge Development, who launched the event.

Sheikh Mohamed attends an economic meeting with the UAE and Russian delegations. Ministry of Presidential Affairs
Sheikh Mohamed attends an economic meeting with the UAE and Russian delegations. Ministry of Presidential Affairs

“The UAE’s relationship with Russia dates back more than 47 years when our Founding Father, Sheikh Zayed, laid the foundations of these bilateral ties.

“The launch of UAE-Russia Week opens opportunities for artists and creatives to communicate in both cultures.”

Landmarks in the UAE capital, such as Marina Mall and Khalifa University, lit up with the Russian colours while Abu Dhabi Police patrol cars were decorated in the country's banner and cryllic script.

Mr Putin’s journey to the UAE began a few days earlier. He arrived in Saudi Arabia on Monday and from there travelled to the Emirates with a huge delegation of trade officials, ministers and government representatives, including his long-serving Foreign Minister, Sergey Lavrov.

The UAE's relationship with Russia dates back more than 47 years when our Founding Father, Sheikh Zayed, laid the foundations of these bilateral ties

Trade between the UAE and Russia reached Dh12.5 billion in 2018, while more than 3,000 Russian companies are registered in the UAE.

A strategic partnership was struck between both countries in 2018 and co-operation now extends across space, technology, defence and tourism.

Abu Dhabi’s Mubadala and the Russian Direct Investment Fund teamed up in 2013 to create a $7 billion (Dh25bn) fund with $2bn already invested.

Both are now committed to 45 projects across Russia in health care, technology, artificial intelligence and mixed martial arts.

Russian officials had previously spoken of how UAE support had assisted its economy during the oil slump in 2014 and this was reinforced by Mr Putin on Tuesday.

“We appreciate your personal support for investing in Russia’s economy,” he said.

“Your Russian partners are doing their best to ensure the success of these investments as these exceed international rates.”

Mr Putin's trip in 2007 was the first by a Russian leader since diplomatic relations were established between the countries after the UAE's Federation in December, 1971.

And Tuesday’s visit was an opportunity for both sides to reflect on that time.

President Sheikh Khalifa bestowed the Order of Zayed, the UAE’s highest civilian honour, on Mr Putin, while the Russian leader thanked Sheikh Khalifa for allowing an Orthodox Church to be built in Sharjah.

The 20,000-capacity church opened in 2011 and is the largest such place of worship in the Arabian Gulf.

On Tuesday, Mr Putin conveyed his regards to Sheikh Khalifa.

“I would like you to send my best wishes for health to the UAE President,” he said.

Relations have only grown stronger since those days in 2007. Today about 30,000 Russians call the UAE home, while a million Russians visit the UAE every year.

Sheikh Mohamed bin Zayed waves goodbye to Russian President Vladimir Putin in Abu Dhabi.
Sheikh Mohamed bin Zayed waves goodbye to Russian President Vladimir Putin in Abu Dhabi.

Mr Putin’s tour of the UAE ended at 8.59pm as his aircraft left the runway in Abu Dhabi.

Sheikh Mohamed posted a picture on Twitter of the Russian president waving goodbye from the top of steps leading up his plane.

“I hope this visit will have a great impact and that it will present a quantum leap in our relationship,” Sheikh Mohamed said on Tuesday night.

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.

UAE currency: the story behind the money in your pockets
Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Which honey takes your fancy?

Al Ghaf Honey

The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year

Sidr Honey

The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest

Samar Honey

The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments

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

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Directors: Madeline Sharafian, Domee Shi, Adrian Molina

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UAE WARRIORS RESULTS

Featherweight

Azouz Anwar (EGY) beat Marcelo Pontes (BRA)

TKO round 2

Catchweight 90kg

Moustafa Rashid Nada (KSA) beat Imad Al Howayeck (LEB)

Split points decision

Welterweight

Gimbat Ismailov (RUS) beat Mohammed Al Khatib (JOR)

TKO round 1

Flyweight (women)

Lucie Bertaud (FRA) beat Kelig Pinson (BEL)

Unanimous points decision

Lightweight

Alexandru Chitoran (ROU) beat Regelo Enumerables Jr (PHI)

TKO round 1

Catchweight 100kg

Marc Vleiger (NED) beat Mohamed Ali (EGY)

Rear neck choke round 1

Featherweight

James Bishop (NZ) beat Mark Valerio (PHI)

TKO round 2

Welterweight

Abdelghani Saber (EGY) beat Gerson Carvalho (BRA)

TKO round 1

Middleweight

Bakhtiyar Abbasov (AZE) beat Igor Litoshik (BLR)

Unanimous points decision

Bantamweight

Fabio Mello (BRA) beat Mark Alcoba (PHI)

Unanimous points decision

Welterweight

Ahmed Labban (LEB) v Magomedsultan Magomedsultanov (RUS)

TKO round 1

Bantamweight

Trent Girdham (AUS) beat Jayson Margallo (PHI)

TKO round 3

Lightweight

Usman Nurmagomedov (RUS) beat Roman Golovinov (UKR)

TKO round 1

Middleweight

Tarek Suleiman (SYR) beat Steve Kennedy (AUS)

Submission round 2

Lightweight

Dan Moret (USA) v Anton Kuivanen (FIN)

TKO round 2

The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

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
Results

5pm: Al Falah – Maiden (PA) Dh80,000 (Turf) 1,200m; Winner: Bshara, Richard Mullen (jockey), Salem Al Ketbi (trainer)

5.30pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 1,400m; Winner: AF Musannef, Tadhg O’Shea, Ernst Oertel

6pm: Al Dhafra – Maiden (PA) Dh80,000 (T) 1,600m; Winner: AF Mualami, Antonio Fresu, Abubakar Daud

6.30pm: Al Khaleej Al Arabi – Handicap (PA) Dh80,000 (T) 1,600m; Winner: Hawafez, Adrie de Vries, Abubakar Daud

7pm: Al Mafraq – Handicap (PA) Dh80,000 (T) 1,600m; Winner: JAP Almahfuz, Royston Ffrench, Irfan Ellahi

7.30pm: Al Samha – Handicap (TB) Dh80,000 (T) 1,600m; Winner: Celestial Spheres, Patrick Cosgrave, Ismail Mohammed

Tips to avoid getting scammed

1) Beware of cheques presented late on Thursday

2) Visit an RTA centre to change registration only after receiving payment

3) Be aware of people asking to test drive the car alone

4) Try not to close the sale at night

5) Don't be rushed into a sale 

6) Call 901 if you see any suspicious behaviour

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

UAE currency: the story behind the money in your pockets
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The National in Davos

We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.

The five stages of early child’s play

From Dubai-based clinical psychologist Daniella Salazar:

1. Solitary Play: This is where Infants and toddlers start to play on their own without seeming to notice the people around them. This is the beginning of play.

2. Onlooker play: This occurs where the toddler enjoys watching other people play. There doesn’t necessarily need to be any effort to begin play. They are learning how to imitate behaviours from others. This type of play may also appear in children who are more shy and introverted.

3. Parallel Play: This generally starts when children begin playing side-by-side without any interaction. Even though they aren’t physically interacting they are paying attention to each other. This is the beginning of the desire to be with other children.

4. Associative Play: At around age four or five, children become more interested in each other than in toys and begin to interact more. In this stage children start asking questions and talking about the different activities they are engaging in. They realise they have similar goals in play such as building a tower or playing with cars.

5. Social Play: In this stage children are starting to socialise more. They begin to share ideas and follow certain rules in a game. They slowly learn the definition of teamwork. They get to engage in basic social skills and interests begin to lead social interactions.

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%3Cp%3E%3Cstrong%3EFirst%20match%3A%20%3C%2Fstrong%3ENovember%2020%0D%3Cbr%3E%3Cstrong%3EFinal%2016%20round%3A%20%3C%2Fstrong%3EDecember%203%20to%206%0D%3Cbr%3E%3Cstrong%3EQuarter-finals%3A%20%3C%2Fstrong%3EDecember%209%20and%2010%0D%3Cbr%3E%3Cstrong%3ESemi-finals%3A%20%3C%2Fstrong%3EDecember%2013%20and%2014%0D%3Cbr%3E%3Cstrong%3EFinal%3A%20%3C%2Fstrong%3EDecember%2018%3C%2Fp%3E%0A
MATCH INFO

Inter Milan 2 (Vecino 65', Barella 83')

Verona 1 (Verre 19' pen)

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E3.6-litre%2C%20V6%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3Eeight-speed%20auto%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E285hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E353Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh159%2C900%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
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.

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

The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 240hp at 5,500rpm

Torque: 390Nm at 3,000rpm

Transmission: eight-speed auto

Price: from Dh122,745

On sale: now

SHADOWS%20AND%20LIGHT%3A%20THE%20EXTRAORDINARY%20LIFE%20OF%20JAMES%20MCBEY
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Asia Cup Qualifier

Final
UAE v Hong Kong

TV:
Live on OSN Cricket HD. Coverage starts at 5.30am

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
From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

Gothia Cup 2025

4,872 matches 

1,942 teams

116 pitches

76 nations

26 UAE teams

15 Lebanese teams

2 Kuwaiti teams

The five new places of worship

Church of South Indian Parish

St Andrew's Church Mussaffah branch

St Andrew's Church Al Ain branch

St John's Baptist Church, Ruwais

Church of the Virgin Mary and St Paul the Apostle, Ruwais

 

DUBAI%20BLING%3A%20EPISODE%201
%3Cp%3E%3Cstrong%3ECreator%3A%20%3C%2Fstrong%3ENetflix%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EKris%20Fade%2C%20Ebraheem%20Al%20Samadi%2C%20Zeina%20Khoury%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
Kanye%20West
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GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900