Sheikh Khalifa, President of the UAE and Ruler of Abu Dhabi, meets the British prime minister David Cameron.
Sheikh Khalifa, President of the UAE and Ruler of Abu Dhabi, meets the British prime minister David Cameron.

UAE-UK taskforce to strengthen regional ties



LONDON // A joint UK-UAE diplomatic taskforce has been established in the first move by the new British government to forge stronger ties with the world's emerging economic superpowers. At a speech at the Foreign Office in London, William Hague, the foreign secretary in the seven-week-old Conservative-led coalition government, accused the previous Labour government of ignoring the importance of such links.

The prime minister, David Cameron, launched the taskforce with the UAE as part of UK "efforts to elevate links with the Gulf", Mr Hague said. "It will develop options for strengthening our ties across the board." The taskforce met for the first time yesterday. Mr Hague said the new administration would seek to establish similar initiatives with India, Latin America, South East Asia and China. A decline in the UK's market share in trade with the UAE was a reflection of the country's softening in trade policy over the past decade, Mr Cameron said yesterday.

"I do sometimes sense when I look at how we deal with international relations in terms of trade and trade promotion that we are playing softball while the rest of the world is playing hardball," said Mr Cameron, in a speech to The Times CEO Summit in London. The UAE is the UK's 13th largest export market, with bilateral trade worth about £7.5 billion (Dh41bn) every year. Yet, Mr Cameron expressed disappointment at the UK's trade performance with the UAE. "A decade ago, we had eight per cent of [the UAE's] market, the same as China. Today, 10 years later, we have four per cent, and China has 16 per cent," he said.

"If you take just that one example of a high-growth economy where Britain has got a fantastic set of relationships, historical connections, great coordination between governments, armed forces, a huge amount of exchange of people, and yet our performance is like that." The UAE's importance was highlighted last month when Mr Cameron, making his first overseas trip since assuming office, insisted on a stopover to meet with UAE leaders as he flew back from visiting British troops stationed in Afghanistan. Mr Cameron met Sheikh Khalifa bin Zayed, President of the UAE and Ruler of Abu Dhabi, on that visit, and the initiative was followed up during a recent trip to London by Sheikh Abdullah bin Zayed, the Foreign Minister.

The two countries' foreign ministers will oversee the taskforce, which will focus on strengthening ties in a broad spectrum of areas including trade, commerce, defence and education. In an interview this week the new British ambassador to the UAE, Dominic Jermey, said his government was keen to boost relations that have not been maximised in recent years. Yesterday's initial taskforce meeting in London was attended by Dr Anwar Gargash, Minister of State for Foreign Affairs, Alistair Burt, the parliamentary under secretary of state at the foreign office and Mr Jermey. A further ministerial meeting is expected after Ramadan and will be held about every six months. "Our countries enjoy close historical ties, we share many common interests, and we already cooperate closely on political, economic and security issues," said Ian Wood, chargé d'affaires at the British Embassy in Abu Dhabi. "But we are keen to explore how we can broaden and deepen that cooperation even further." The renewed diplomatic and trade policy is part of a larger reappraisal of UK foreign policy. Outlining in his speech why he believed such a reappraisal was necessary, Mr Hague embraced a change of approach that many of the country's diplomats had been advocating for years. "Put simply, the world has changed and if we do not change with it, Britain's role is set to decline with all that that means for our influence in world affairs, our national security and our economy. "Achieving our foreign policy objectives has become harder and will become more so unless we are prepared to act differently." While Mr Hague said the UK's links with the US would remain strong, he signalled a more independent approach when he emphasised "other bilateral ties matter, too, whether they are long-standing ties which have been allowed to wither or stagnate or the new relations that we believe we must seek to forge for the 21st century. "Regional groups are certainly strengthening across the world, but these groups are not rigid or immutable. Nor have they diminished the role of individual states as some predicted. "Today, influence increasingly lies with networks of states with fluid and dynamic patterns of allegiance, alliance and connections, including the informal, which act as vital channels of influence and decision-making and require new forms of engagement from Britain." Despite the UK's having historic links with India, the country had slid from being the fourth largest exporter to India to the 18th, Mr Cameron said in the speech on Monday. With the UK beginning to grow out of the bottom of an economic cycle, there was an opportunity for the government to refocus the country's trade and diplomatic efforts towards closer links with the Gulf countries and South East Asia, Mr Cameron said. UK and UAE officials agreed in October to boost trade by 60 per cent by 2015 to £12bn. @EMail:dsapsted@thenational.ae * With additional reporting by Loveday Morris, Tom Arnold and Ivan Gale in Abu Dhabi

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
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Specs

Engine: 3.0L twin-turbo V6
Gearbox: 10-speed automatic
Power: 405hp at 5,500rpm
Torque: 562Nm at 3,000rpm
Fuel economy, combined: 11.2L/100km
Price: From Dh292,845 (Reserve); from Dh320,145 (Presidential)
On sale: Now

UAE squad v Australia

Rohan Mustafa (C), Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Fahad Nawaz, Amjed Gul, Shaiman Anwar, Ahmed Raza, Imran Haider, Muhammad Naveed, Amir Hayat, Ghulam Shabir (WK), Qadeer Ahmed, Tahir Latif, Zahoor Khan

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

The specs

Price: From Dh529,000

Engine: 5-litre V8

Transmission: Eight-speed auto

Power: 520hp

Torque: 625Nm

Fuel economy, combined: 12.8L/100km

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

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How much sugar is in chocolate Easter eggs?
  • The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
  • The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
  • The 188g Smarties egg has 113g of sugar per egg and 22.8g in the tube of Smarties it contains
  • The Milky Bar white chocolate Egg Hunt Pack contains eight eggs at 7.7g of sugar per egg
  • The Cadbury Creme Egg contains 26g of sugar per 40g egg
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

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Race results:

1. Thani Al Qemzi (UAE) Team Abu Dhabi: 46.44 min

2. Peter Morin (FRA) CTIC F1 Shenzhen China Team: 0.91sec

3. Sami Selio (FIN) Mad-Croc Baba Racing Team: 31.43sec

What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
  • Grade 8 = between grades A* and A
  • Grade 7 = grade A
  • Grade 6 = just above a grade B
  • Grade 5 = between grades B and C
  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
European arms

Known EU weapons transfers to Ukraine since the war began: Germany 1,000 anti-tank weapons and 500 Stinger surface-to-air missiles. Luxembourg 100 NLAW anti-tank weapons, jeeps and 15 military tents as well as air transport capacity. Belgium 2,000 machine guns, 3,800 tons of fuel. Netherlands 200 Stinger missiles. Poland 100 mortars, 8 drones, Javelin anti-tank weapons, Grot assault rifles, munitions. Slovakia 12,000 pieces of artillery ammunition, 10 million litres of fuel, 2.4 million litres of aviation fuel and 2 Bozena de-mining systems. Estonia Javelin anti-tank weapons.  Latvia Stinger surface to air missiles. Czech Republic machine guns, assault rifles, other light weapons and ammunition worth $8.57 million.

The years Ramadan fell in May

1987

1954

1921

1888

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

RACE CARD

6.30pm Al Maktoum Challenge Round-1 Group 1 (PA) Dh119,373 (Dirt) 1,600m

7.05pm Handicap (TB) Dh102,500 (D) 1,200m

7.40pm Handicap (TB) Dh105,000 (Turf) 1,800m

8.15pm UAE 1000 Guineas Trial (TB) Dh183,650 (D) 1,400m

9.50pm Handicap (TB) Dh105,000 (D) 1,600m

9.25pm Handicap (TB) Dh95,000 (T) 1,000m