
UAE Advocates for Peace and Economic Cooperation at Munich Security Conference
Lana Nusseibeh, Assistant Minister for Political Affairs and Envoy of the UAE Foreign Minister to the European Union, led the UAE Ministry of Foreign Affairs delegation at this year's Munich Security Conference, which brought together global leaders to address pressing international security issues.
During the conference, Nusseibeh emphasized the urgent need for regional de-escalation, highlighting the importance of upholding the ceasefire in Gaza and supporting efforts toward a two-state solution for Palestine and Israel. She also discussed the stabilization efforts in Lebanon and Syria, stressing their role in achieving lasting peace in the region.
The humanitarian crisis in Sudan was another key focus of Nusseibeh's discussions. She urged international support for the UAE's proposed ceasefire initiative alongside Ethiopia, the African Union, and the Intergovernmental Authority on Development (IGAD). Nusseibeh reaffirmed the UAE's commitment to aid Sudan, announcing an additional US$200 million in assistance.
As the UAE's Envoy to the EU, Nusseibeh also met with top European officials to strengthen ties between the UAE and the European Union, especially in the areas of free trade and economic growth. She emphasized the UAE's growing role as an economic hub, citing the country's successful Comprehensive Economic Partnership Agreements with over 20 countries.
In a panel discussion, Nusseibeh highlighted the importance of diversifying international partnerships and creating strong "connective tissue" among nations to adapt to shifting global dynamics.
The UAE delegation included Ahmed Alattar, UAE Ambassador to Germany, Mohamed al Sahlawi, UAE Ambassador to Belgium and the EU, and Muath Alwari, Director of Policy Planning in the UAE Ministry of Foreign Affairs.
News Source: Emirates News Agency
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Etihad
2 hours ago
- Al Etihad
China allows limited exports of rare earths as shortages continue
7 June 2025 09:39 BEIJING (THE NEW YORK TIMES NEWS SERVICE)China's Ministry of Commerce has started issuing more export licenses for shipments of rare earth magnets in recent days, but the pace remains factories in the automotive sector and other industries in Europe and the United States, and a few in Japan, are running low on the makes 90% of the world's supply of these magnets, which are essential for cars, drones, factory robots, missiles and many other a 90-minute call Thursday with Chinese PresidentXi Jinping, US President Donald Trump wrote on social media that the two men had discussed rare earths. Trump mentioned that rare earths were a complex subject, but did not indicate whether anything had been decided about China's strict export licensing requirement, which Beijing imposed April wrote on social media Friday that Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US trade representative Jamieson Greer would hold further economic talks Monday in London with top Chinese Trump was asked later on Air Force One whether Xi had agreed to allow rare earth minerals and magnets to flow to the US, Trump replied, 'Yes, he did,' but did not statement Thursday about the call did not mention rare earths, however. Lin Jian, a spokesperson for China's foreign ministry, declined to answer a question about the minerals Friday at the ministry's daily briefing, saying that it was a matter for other Chinese Ministry of Commerce said Thursday before the two leaders spoke only that it would issue export licenses according to its new rules, introduced two months US and European chambers of commerce in China each said Friday that somewhat more export licenses had been issued in recent days. But both groups emphasised that more were needed, as the Ministry of Commerce faces a huge backlog of detailed applications for licenses. Rare earth metals, a group of 17 elements found near the bottom of the periodic table, have a wide range of industrial applications. China produces practically the entire world's supply of seven of the least common rare earths, including three that are crucial in making powerful, heat-resistant magnets.


Middle East Eye
12 hours ago
- Middle East Eye
Israel has sold record amount of debt in US since war on Gaza erupted: Report
Israel has sold a record amount of debt in the US since its war on Gaza erupted on 7 October 2023, according to a report by Bloomberg on Friday. The government of Israel's US-based bond broker, Israel Bonds, says it has sold $5bn worth of debt in the last twenty months. The level of bond issuance is more than double that raised by Israel Bonds, in similar time periods previously. Israel's war on Gaza started after the 7 October 2023 Hamas-led attacks on southern Israel killed around 1,200 people. Israel responded by pummelling the Gaza Strip and invading it. More than 54,000 people, mainly women and children, have been killed in the Israeli attacks, and the population is facing "imminent famine", the United Nations says. Israel Bonds is affiliated with Israel's finance ministry and sells bonds inside the US to both retail and institutional investors. The starting price for non-tradable retail Israeli bonds is as low as $36. A five-year Israeli bond has a yield between 4.86 percent and 5.44 percent, according to the Bloomberg report. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters Along with its war on Gaza, Israel fought a devastating war with Hezbollah in Lebanon and launched widespread strikes on Syria. In 2024, it engaged in two rounds of direct missile and drone attacks with Iran. Israel's financing needs have soared as it looks to fund its military. Local Israeli creditors, including deep-pocketed institutional ones, account for about 80 percent of the government's lending overall. That leaves just twenty percent to come from international debt sales and what Israel Bonds sells in the US. According to the group, local US governments at the state and county level are big buyers in places like New York, Texas, Ohio, and Illinois. Palm Beach County in Florida became one of the world's largest investors in Israeli Bonds in 2024, with about $700m of its $4.67bn portfolio invested there. Israel has faced widespread criticism for its war on Gaza. The International Criminal Court has issued an arrest warrant for Prime Minister Benjamin Netanyahu and former Defence Minister Yoav Gallant for alleged war crimes. Meanwhile, public opinion on Israel has turned sharply negative from France to Japan. However, in March 2024, Israel saw strong demand for its debt among international investors. It sold $8bn in international bonds. Israel enjoys investment-grade ratings from major credit ratings agencies.


Arabian Post
15 hours ago
- Arabian Post
Willem Blijdorp: Building a Global Business Empire
Willem Blijdorp initially set his sights on a career in tourism. From 1970 to 1975, he studied at the Hotel Management School in Maastricht, the Netherlands. However, upon graduation, he chose an unexpected path. He decided to become the organizer of the now-legendary 'Butterfahrten'. This marked the beginning of an entrepreneurial journey that continues to this day. The Butterfahrt Concept During a business trip to Germany, Blijdorp was struck by how popular Butterfahrten were among Dutch tourists. These day trips involved boarding a ship that quickly sailed beyond national waters. Once in international territory, passengers could shop duty-free to their heart's content. ADVERTISEMENT Sensing a unique opportunity, Blijdorp introduced the concept to the Dutch market in 1975. Operating out of Eemshaven, he launched daily Butterfahrten for Dutch tourists. Blijdorp's success lay in offering more than just tax-free shopping. His cruises delivered a memorable experience, blending commerce with entertainment. Passengers were encouraged to shop, but they also enjoyed a full day of games, music, quizzes, and small lotteries. This unique combination of retail and entertainment struck a chord with the Dutch public. In 1976, Blijdorp began working part-time for shipping company Kamstra, whose mini-cruises were booming. That same year, he received a full-time offer from Marriott Hotels in the United States. Simultaneously, Kamstra also offered him a permanent role. Although he originally intended to pursue a career in the hotel industry, he took the leap into entrepreneurship. On the condition that he could acquire shares in the company, he accepted Kamstra's offer and came on board full-time. Blijdorp's talent for business soon became evident. He built strong relationships with German suppliers, securing exclusive deals available only to Butterfahrt passengers. These arrangements not only kept customers coming back but also laid the groundwork for his later venture: B&S. The Rise of B&S In 1985 Blijdorp founded B&S, a company focused on the distribution of duty-free products. What began as a clever cruise concept soon transformed into a serious business. While the European unification brought significant economic advantages, it also marked the end of duty-free sales within the EU. As a result, the Butterfahrten ceased in 1999. Nevertheless, B&S remained focused on the duty-free market, which meant that B&S continued to grow. What began as modest boat trips from Eemshaven evolved into a global tax-free distribution empire. The experience, relationships, and business acumen developed during the Butterfahrten years became the foundation of B&S's growth into a market leader. Expanding the Business Today, he is also an active investor with a particular interest in startups and social ventures. He is involved in companies such as Mercatum Medical Care – a medical wholesaler, SocialDatabase – a data-driven marketing platform, and Advion -a distributor of cleaning and sanitary addition, he is committed to social initiatives like the Papageno House, a residence that supports children with autism. He also contributes to international projects that provide clean water and sanitation in underserved communities, such as those in Ghana. Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.