INSEAD Day 4 - 728x90

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Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

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Emirates Stallions Q1 revenue up 11%

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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

UAE wants political solution to Ukraine crisis: Anwar Gargash

Anwar Gargash.
  • The world is facing a difficult test and severe polarization imposed by the Ukrainian crisis, which threatens the foundation of international community, Gargash said.
  • Ministry of Foreign Affairs and International Cooperation (MoFAIC) had expressed particular alarm at the consequences for civilians present in Ukraine.

UAE wants a political solution to the Ukraine crisis and believes that taking sides would only encourage violence, said Anwar Gargash, UAE Minister of State for Foreign Affairs and adviser to President Khalifa Bin Zayed Al-Nahyan.

Gargash tweeted that UAE “has a firm position regarding the United Nations, international law and the sovereignty of states, rejecting military solutions”.

His comments came after the UAE abstained to vote on Friday on a draft United Nations Security Council resolution deploring Moscow’s invasion of Ukraine.

“The world is facing a difficult test and severe polarization imposed by the Ukrainian crisis, which threatens the foundations of the international community and increases the factors of instability. From our experience in a region full of crises, we believe that political solutions and creating balances that enhance security and stability are the best way to confront crises and limit their effects,” Gargash said.

“We believe that alignment and positioning will only lead to more violence, and in the Ukrainian crisis, our priorities are to encourage all parties to adopt diplomacy and negotiate to find a political settlement that ends this crisis,” he said.