Germany's Chancellor Olaf Scholz and France's President Emmanuel Macron visit the Brandenburg Gate, illuminated in the colours of the Ukrainian flag. Reuters
Germany's Chancellor Olaf Scholz and France's President Emmanuel Macron visit the Brandenburg Gate, illuminated in the colours of the Ukrainian flag. Reuters
Germany's Chancellor Olaf Scholz and France's President Emmanuel Macron visit the Brandenburg Gate, illuminated in the colours of the Ukrainian flag. Reuters
Germany's Chancellor Olaf Scholz and France's President Emmanuel Macron visit the Brandenburg Gate, illuminated in the colours of the Ukrainian flag. Reuters

Macron and Scholz discuss strengthening EU and supporting Ukraine


Soraya Ebrahimi
  • English
  • Arabic

French President Emmanuel Macron visited Berlin's symbolically important Brandenburg Gate with German Chancellor Olaf Scholz on Monday as the two leaders met to discuss bilateral ties and the future of the EU.

Mr Macron said he intended to show “full support for Ukraine” as he and Mr Scholz approached around 200 people gathered nearby.

Many in the crowd were draped in Ukraine's blue and yellow national colours and chanted “Mariupol”, the south-eastern Ukrainian city devastated by Russian strikes.

The Brandenburg Gate, which was illuminated in Ukraine's national colours, historically formed a central part of the wall that separated East and West Berlin, symbolising the Cold War's “Iron Curtain” that divided the world into capitalist and communist blocs.

Some Ukrainians in the crowd criticised the French and German governments for being too close with Russia, which invaded its neighbour on February 24.

“I would like to see more courage,” Tania, a 40-year-old doctor who has lived in Germany for 25 years, told AFP.

“I understand [Mr Macron and Mr Scholz's] fear for their own citizens, but we mustn't underestimate Russia,” she said and added that Moscow could attack Poland or the Baltic states next.

“People in the West are scared because of soaring prices and the fear of a third world war.”

Mr Scholz in particular has come under fire for arms deliveries to Ukraine that have been deemed insufficient and Germany's reliance on Russian energy imports.

Meanwhile, Mr Macron on Monday said it would take “decades” for a candidate such as Ukraine to join the EU and suggested building a broader political club beyond the bloc that could also include Britain.

The idea immediately found favour with Mr Scholz, who described it as a “very interesting suggestion” that he was “very pleased” to discuss with the French leader.

Ukraine, which is battling the Russian invasion, is seeking EU membership and the European Commission has said it will respond to the request next month — a key step before the issue is taken up by member states.

But Mr Macron buried any hopes of swift membership for Ukraine, suggesting rather that it may be more efficient to consider building a wider club beyond the EU.

“I am saying this in all honesty — honesty that we owe to the Ukrainians,” Mr Macron said.

“We can have an accelerated process … to accept candidate status for Ukraine but we know that given our standards and the criteria, it would probably take decades for Ukraine to really join the European Union.”

But, noting the urgency of giving Ukraine and other EU hopefuls such as Moldova and Georgia a place in the heart of Europe, he called for the creation of a “European political community”.

Britain, too, could join this club, Mr Macron said.

“The United Kingdom decided to leave our European Union but it can have a place in this political community,” he said.

For countries that have already embarked on the membership route and which are close to joining, Mr Macron said he thought they “should go to the end of this road”.

But he said “others like Bosnia-Herzegovina which are much further or others in the western Balkans”, or those that “have embarked on the joining questions … sometimes from decades ago” may wish to consider joining a wider club instead.

Mr Macron said the bloc, “given its level of integration and ambition”, could not be Europe's only organising body.

“It is our historic obligation … to create what I would describe before you today as a European political community,” he said.

“This new European organisation would allow democratic European nations … to find a new space for political co-operation, security, co-operation in energy, transport, investment, infrastructure, the movement of people.”

Bio:

Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour

Favourite Hobby: Serving poor people 

Favourite Book: The Alchemist by Paulo Coelho

Favourite food: Fish and vegetables

Favourite place to visit: London

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Name: Colm McLoughlin

Country: Galway, Ireland

Job: Executive vice chairman and chief executive of Dubai Duty Free

Favourite golf course: Dubai Creek Golf and Yacht Club

Favourite part of Dubai: Palm Jumeirah

 

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
SPECS
%3Cp%3E%0D%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%204.0-litre%20twin-turbo%20V8%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20750hp%20at%207%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20800Nm%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%207%20Speed%20dual-clutch%20auto%0D%0D%3Cbr%3E%3Cstrong%3ETop%20speed%3A%3C%2Fstrong%3E%20332kph%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%2012.2L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EYear%20end%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh1%2C430%2C000%20(coupe)%3B%20From%20Dh1%2C566%2C000%20(Spider)%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

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

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

Plan to boost public schools

A major shake-up of government-run schools was rolled out across the country in 2017. Known as the Emirati School Model, it placed more emphasis on maths and science while also adding practical skills to the curriculum.

It was accompanied by the promise of a Dh5 billion investment, over six years, to pay for state-of-the-art infrastructure improvements.

Aspects of the school model will be extended to international private schools, the education minister has previously suggested.

Recent developments have also included the introduction of moral education - which public and private schools both must teach - along with reform of the exams system and tougher teacher licensing requirements.

Getting%20there%20and%20where%20to%20stay
%3Cp%3EEtihad%20Airways%20operates%20seasonal%20flights%20from%20Abu%20Dhabi%20to%20Nice%20C%C3%B4te%20d'Azur%20Airport.%20Services%20depart%20the%20UAE%20on%20Wednesdays%20and%20Sundays%20with%20outbound%20flights%20stopping%20briefly%20in%20Rome%2C%20return%20flights%20are%20non-stop.%20Fares%20start%20from%20Dh3%2C315%2C%20flights%20operate%20until%20September%2018%2C%202022.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20Radisson%20Blu%20Hotel%20Nice%20offers%20a%20western%20location%20right%20on%20Promenade%20des%20Anglais%20with%20rooms%20overlooking%20the%20Bay%20of%20Angels.%20Stays%20are%20priced%20from%20%E2%82%AC101%20(%24114)%2C%20including%20taxes.%3C%2Fp%3E%0A%3Cp%3E%3C%2Fp%3E%0A
THE BIO

Occupation: Specialised chief medical laboratory technologist

Age: 78

Favourite destination: Always Al Ain “Dar Al Zain”

Hobbies: his work  - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”

Other hobbies: football

Favorite football club: Al Ain Sports Club

 

Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

2.0

Director: S Shankar

Producer: Lyca Productions; presented by Dharma Films

Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey

Rating: 3.5/5 stars

Updated: May 09, 2022, 11:11 PM