Haj can be funded by loan, says Saudi scholar

September 15, 2014

Riyadh, Sep 15: Pilgrims can borrow money from the government and banks to perform Haj, said Sheikh Abdullah Al-Mutlaq, a member of the Saudi Council of Senior Scholars.

Sheikh-Abdullah-Al-Mutlaq“Debt that will be paid back in monthly installments through salary deductions does not hinder pilgrims from performing Haj,” he said. “Only debt owed to other people must be paid back before embarking on the spiritual journey.”

The Ministry of Haj, meanwhile, made available another 6,000 spots on the low-cost Haj program on Sunday. The ministry introduced a new service that will enable applicants to electronically cancel their reservations via the ministry portal.

Deputy Haj Minister Hussein Al-Sharif urged pilgrims who will no longer be going on Haj to cancel their reservations so that the slots become available for others.

The new deadline for making reservations with the program will be on the first day of Dhul-Hijjah.

Meanwhile, the holy site of Arafat, where more than two million pilgrims stand in prayer at the peak of the annual Haj pilgrimage, will have permanent fireproof tents next year like Mina, said Maj. Gen. Sulaiman Al-Amr, director-general of the Civil Defense Department.

“The fireproof tent project for Arafat will be implemented next year or the year after,” Al-Amr said in comments published on Sunday. He said specialized committees that were set up to conduct a study on the project have recommended its implementation.

The Arafat tents, to be designed like the Haj Terminal of King Abdulaziz International Airport, will have two floors and will accommodate nearly eight million pilgrims. The project is estimated to cost about SR2 billion.

Habeeb Zainul Abideen, undersecretary at the Ministry of Municipal and Rural Affairs, said the project would change the face of Arafat completely. “It will cover an area of eight million square meters,” he said, adding that the double-story tents would increase Arafat’s capacity by 71 percent.

Saud bin Hamdan Al-Dikri, director of projects at the ministry, said the Arafat tents would be fire-resistant with a minimum height of 15 meters. The ground floor of these tents will be for common and pedestrian use as well as for first aid, food, maintenance and cleaning services. “The project will eliminate the risk of fire hazards posed by cotton tents currently in use,” he added.

Some domestic Haj service firms, meanwhile, said they are planning to sign contracts with specialist companies to set up 100-percent heat-resistant German-made tents in Arafat. Some groups have invited bids for the purpose.

Ali Muqallid, manager of a company that supplies European tents, said his company rents high quality fire-resistant to Haj service firms.

He said the Civil Defense has no objections on erecting the tents in Arafat so long as they comply with the safety regulations. Specialized companies set up 400,000 meters of tents for Tawafa organizations and domestic Haj service firms in Arafat during the last Haj season, one source said.

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Arab News
March 9,2020

Dubai, Mar 9: The eyes of the world will be on the oil markets when the big trading hubs in Europe and North America open following the end of the deal between Saudi Arabia and Russia that has helped to sustain crude at relatively high levels for the past three years.

There were big falls on Friday when ministers from the Organization of the Petroleum Exporting Countries (OPEC) failed to get a deal with non-OPEC members — the so-called OPEC+ — to extend output agreements. Brent oil was down nearly 10 percent at $45.27 going into the western weekend.

Saudi Aramco took immediate action to cut prices after the OPEC+ collapse, offering big discounts for crude deliveries from next month, when the current output restrictions end.

According to a notification sent to customers by Saudi Aramco, seen by Arab News, the Kingdom’s oil giant will cut between $4 and $8 per barrel, with the biggest discounts being offered to buyers in northwest Europe and the US.

Roger Diwan, an oil analyst at consultancy IHS Market, said: “We are likely to see the lowest oil prices of the past 20 years in the next quarter.”

West Texas Intermediate, the US oil benchmark, fell to $28.27 in November 2001.

The move raises the possibility of a “crude war” between the three biggest oil blocs — the US, Russia and the Arabian Gulf. Some analysts believe the American shale industry is more vulnerable to low prices than either the Russians or the Saudis.

Robin Mills, head of the Qamar consultancy, told Arab News: “I don’t think this was premeditated but Saudi Arabia has clearly swung quickly into action to put the Russians under pressure. But the Russians, with low debt and a flexible exchange rate, can cope with a few months of low prices.”

The boom in US shale has made the country the biggest oil producer in the world, but with high financing costs. Lower global prices would put a lot of shale companies out of business.

On the other hand, American motorists, and President Donald Trump, would be pleased to see lower fuel prices in an election year.

In Moscow, one prominent financier with ties to the Kingdom played down the long-term significance of the Vienna fallout.

Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, told Arab News: “Saudi Arabia is our strategic partner, and cooperation between our two countries will continue in all areas. We will also continue to work within the framework of the Russia-Saudi Economic Council.”

One Russian official, who asked not to be named, added: “There is a good relationship between Alexander Novak, Russian energy minister, and his Saudi counterpart Prince Abdul Aziz bin Salman, and I am sure they will continue talking to each other less formally.”

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News Network
April 24,2020

Dubai, Apr 24: The UAE reported 525 new COVID-19 cases on Friday. The Ministry of Health and Prevention said the total number of confirmed cases in the UAE is now 9,281.

MOHAP reported 8 deaths taking the total number of deaths in the country to 64. 123 recoveries have also been announced.

According to the Ministry of Health and Prevention, the latest cases were detected through its intensified investigation and examination procedures.

The ministry conducted over 32,000 additional COVID-19 tests among citizens and residents.

The ministry offered its sincere condolences to the families of the deceased. It also wished a speedy recovery to all patients and called upon the general public to strictly adhere to preventative measures out of concern for the health and safety of all.

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News Network
April 27,2020

Dubai, Apr 27: Saudi Arabia has reported 1,289 new Covid-19 cases on April 27, its Ministry of Health tweeted.

Of the newly diagnosed cases, Jeddah recorded 294 infections, followed by Makkah (218) and Madinah (202).

The ministry also confirmed five additional coronavirus-induced deaths, spiking the total death toll to 144.

2,507 people are talking about this
Since the outbreak of the virus strain in the Chinese city of Wuhan late last year, Saudi Arabia has reported a total of 18,811 Covid-19 infections.

As many as 2,531 patients have till now recovered from the virus.

Oman
The sultanate registered 51 new Covid-19 cases on April 27, including 37 nationals and 14 expatriates, spiking the total number of infections to 2,049, Oman News Agency tweeted.

Meanwhile, 10 coronavirus-related deaths have been confirmed in the country.

Qatar
The Ministry of Public Health has reported 957 Covid-19 cases among the 3,420 people tested in the last 24 hours.

As many as 85,709 people have been tested for the virus across the country.

The total number of Covid-19 infections since the outbreak has now risen to 11,244.

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