The Foreign Minister Sheikh Abdullah, right, had talks with Antonis Samaras, the Greek prime minister, on Tuesday, aimed at strengthening ties. Wam
The Foreign Minister Sheikh Abdullah, right, had talks with Antonis Samaras, the Greek prime minister, on Tuesday, aimed at strengthening ties. Wam

UAE and Greece forge closer ties



ABU DHABI // The Foreign Minister Sheikh Abdullah met with Antonis Samaras, the Greek prime minister, on Tuesday.

They discussed ways of enhancing ties of cooperation and friendship to promote bilateral economic and trade exchange and encourage investment and advanced industrial projects.

Sheikh Abdullah also held discussions with Evangelos Meimarakis, the speaker of parliament, on the means of consolidating bilateral relations and cooperation, particularly in politics and economics.

They also discussed ways of energising parliamentary relations.

In a statement to the Greek newspaper Ta Nea, Sheikh Abdullah said: "It is with considerable pleasure that I am visiting Greece once again this week to discuss ways in which our two governments can work to promote further development of our already strong relations.

"It is now nearly 40 years since the UAE and Greece established diplomatic relations in 1975 and, in the decades that have followed, our links have grown steadily, not just at a government-to-government level but also in terms of bilateral trade and investment and between our two peoples."

He said he believed there was enormous potential to expand the cooperation between both countries. "There is, for example, scope for more direct investment by UAE institutions, whether governmental or private, in the Greek economy," said Sheikh Abdullah.

He also touched upon the issue of visas for Emiratis in the European Union.

"Greek citizens, along with most Europeans, are granted free 30-day visas upon arrival to the UAE," he said.

"The UAE is asking that its citizens be granted similar access to the countries of the Schengen Area, in recognition of the excellent relations between the UAE and Europe, and of the significant economic contribution of Emirati activities on the continent.

"Too often, Emirati citizens are stopped at European borders and turned away because of unclear, complex and restrictive visa regulations.

"In the coming weeks, the EU is expected to make an important decision on the expansion of the list of countries that are granted visa-free access to the Schengen Area.

For over two years, the government of Greece has publicly, and repeatedly, expressed its view that the UAE should be added to that visa-free list. We are grateful for that support."

The most expensive investment mistake you will ever make

When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.

“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.

This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).

Age

$250 a month

$500 a month

$1,000 a month

25

$640,829

$1,281,657

$2,563,315

35

$303,219

$606,439

$1,212,877

45

$131,596

$263,191

$526,382

55

$44,351

$88,702

$177,403

 

BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5

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Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

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match info

Chelsea 2
Willian (13'), Ross Barkley (64')

Liverpool 0

THE BIG THREE

NOVAK DJOKOVIC
19 grand slam singles titles
Wimbledon: 5 (2011, 14, 15, 18, 19)
French Open: 2 (2016, 21)
US Open: 3 (2011, 15, 18)
Australian Open: 9 (2008, 11, 12, 13, 15, 16, 19, 20, 21)
Prize money: $150m

ROGER FEDERER
20 grand slam singles titles
Wimbledon: 8 (2003, 04, 05, 06, 07, 09, 12, 17)
French Open: 1 (2009)
US Open: 5 (2004, 05, 06, 07, 08)
Australian Open: 6 (2004, 06, 07, 10, 17, 18)
Prize money: $130m

RAFAEL NADAL
20 grand slam singles titles
Wimbledon: 2 (2008, 10)
French Open: 13 (2005, 06, 07, 08, 10, 11, 12, 13, 14, 17, 18, 19, 20)
US Open: 4 (2010, 13, 17, 19)
Australian Open: 1 (2009)
Prize money: $125m

Brief scores:

Manchester City 3

Aguero 1', 44', 61'

Arsenal ​​​​​1

Koscielny 11'

Man of the match: Sergio Aguero (Manchester City)

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