Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

UAE calls for ‘cessation of hostilities’ in Russia-Ukraine war

Ambassador Nusseibeh said that the UAE is committed to the territorial integrity, sovereignty, and independence of all member states of the United Nations.
  • the Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed particular alarm at the consequences for civilians present in Ukraine, as well as for the region
  • The Ministry emphasized the importance of ensuring that humanitarian assistance reaches those in need, and called on all parties to respect International Humanitarian Law

The UAE has called for immediate cessation of hostilities in the war between Russia and Ukraine. The appeal came in a meeting of the UN Security Council in New York.

In a statement today, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed particular alarm at the consequences for civilians present in Ukraine, as well as for the region, and for the international community.

The Ministry emphasized the importance of ensuring that humanitarian assistance reaches those in need, and called on all parties to respect International Humanitarian Law, prioritize the protection of civilians, and allow for the unhindered delivery of humanitarian assistance.

Speaking to the United Nations Security Council, Ambassador Lana Nusseibeh, the United Arab Emirates’ Permanent Representative to the United Nations, underscored the UAE’s readiness to work with members of the Security Council to achieve de-escalation and the cessation of hostilities. “The result of this vote today was a forgone conclusion, but the avenues for dialogue must remain open more urgently than ever before, and we must pursue them together,” she said. “Being from the Middle East, we are intimately aware of the critical importance of a stable regional security environment, and of de-escalation, diplomacy, and dialogue. Similarly, we understand from experience the need for inclusive and consultative processes.”

Ambassador Nusseibeh added that the UAE is committed to the territorial integrity, sovereignty, and independence of all member states of the United Nations and expressed support for the various diplomatic initiatives and channels aimed at resolving the crisis. “That is the clear sentiment that this Council is united on,” she concluded.