UAE mediates new prisoner exchange between Russia, Ukraine

-

 

This is the third successful mediation by the Emirates that resulted in the release of captives


The United Arab Emirates (UAE) stated on Wednesday that it has successfully mediated another prisoner swap between the Russian Federation and the Republic of Ukraine.

The success of the latest mediation efforts, according to the Ministry of Foreign Affairs, is indicative of the UAE's standing as a reliable international partner, particularly with the Russian Federation and the Republic of Ukraine, which has led to the release of prisoners from both sides.

The Ministry conveyed gratitude to the governments of the Russian Federation and the Republic of Ukraine for their assistance and responsiveness to the UAE's mediation in ensuring the success of the exchange procedure.

Keep abreast on the most recent developments. On WhatsApp Channels, follow KT.

The Ministry reaffirmed the UAE's commitment to carrying out ongoing efforts to find a peaceful resolution to the conflict in Ukraine, highlighting its steadfast stance in favor of diplomacy, communication, and de-escalation as well as its efforts to support any and all initiatives that lessen the crisis's humanitarian consequences.

Remarkably, the UAE's mediation in early January 2024 resulted in the release of inmates from Russia and Ukraine; additionally, in December 2022, another mediation resulted in the exchange and release of two prisoners between

Popular posts from this blog

UAE and Canada eye $3tn wealth fund opportunities

-
Image
  Along with Canada, the UAE is looking into investment options for wealth funds with a combined $3 trillion in assets. Combined economic growth and collaborative investment opportunities for the two countries could result from a joint operation. The inauguration of the Canada-UAE Sovereign Wealth Fund Council was welcomed by the Canadian Ambassador to the UAE, Kris Panday (SWFC). UAE-Canada wealth management The SWFC’s goal, according to the Ambassador, is to maximize the synergies between the leading institutional investors in Canada and the UAE in order to provide superior risk-adjusted returns in support of shared objectives. He added that the SWFC will assist in locating opportunities for strategic capital partnership and thought leadership between Canadian public pension funds (PPFs) and SWFs in the UAE in international markets.
Read more

Germany-UAE trade continues to flourish

-
Image
The year 2023 has witnessed remarkable growth in the economic relationship between the United Arab Emirates (UAE) and Germany. Following the visits of Germany's Chancellor Olaf Scholz and Vice Chancellor Dr. Robert Habeck to the UAE last year, there is a continued influx of German entrepreneurs and companies into the UAE. The UAE's proactive approach in establishing itself as a business-friendly platform with favorable regulations has attracted significant investments. Notably, the UAE has transitioned from being primarily a destination for German investment and consumer goods to becoming a hub for technology and innovation. Moreover, the UAE is actively engaged in negotiating multiple free trade agreements, positioning itself as a global business and manufacturing hub, which aligns well with Germany's strengths in advanced industrial technologies. Key economic indicators highlight the depth of the bilateral trade and investment partnership. With annual bilatera...
Read more

German inflation drops to lowest level in over 2 years

-
Image
Germany's inflation rate has dropped to its lowest level since August 2021, a phenomenon particularly driven by falling fuel prices. The figure is still higher than it should ideally be. German inflation drops to lowest level in over 2 years Germany's inflation rate has dropped to its lowest level since August 2021, a phenomenon particularly driven by falling fuel prices. The figure is still higher than it should ideally be. Olive oil on sale in a supermarket Food price rises are still high year-on-year, but they appear to be on a  Year-on-year inflation in Germany for October dropped to 3.8%, its lowest level in more than two years, according to final figures released on Wednesday. While the figure is a marked decrease from September's 4.5% rise, it is still far higher than the European Central Bank's target of 2%. What does the latest figure show? The inflation figure, released by Germany's Federal Statistical Office, Destatis, is dramatically lower th...
Read more