You are hereHome
Prince Harry's Dubai visit off over Middle East unrest
Source: BI-ME with UKPA , Author: Posted by Bi-ME staff
Posted: Sat March 5, 2011 12:43 am

INTERNATIONAL. Prince Harry's visit to Dubai to play in a charity fundraising polo match has been cancelled because of the unrest in the region, St James' Palace has confirmed.

Harry was due to take part in the Sentebale Cup - a competition in aid of his Africa based charity - later this month.

A St James' Palace spokesman said: "Prince Harry was very much looking forward to the visit, but feels that it would be insensitive for him to participate in a sporting event at a time when there are matters of greater priority to focus on in the region."

Arab states in north Africa have seen their leaders toppled by mass demonstrations and unrest in recent months and in Libya the country is close to civil war.

It is understood the decision was not taken for security reasons but because the prince was conscious his visit would have been staged against this background.

It is hoped the trip can be rescheduled.

Harry's visit on March 19 would have been his first to the United Arab Emirates and during the one-day tour he would have carried out a number of engagements.

The polo event would have been in aid of Sentebale, the charity the prince co-founded in 2006 to help children orphaned by the HIV/Aids epidemic and those affected by poverty in the south African country of Lesotho.

The organisation supports community projects by offering them financial aid, management help and other types of support.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
dhgate