INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.