Iran world’s biggest state sponsor of terrorism: US

February 5, 2017

Dubai, Feb 5: US Defense Secretary James Mattis has called Iran the world’s “biggest state sponsor of terrorism,” amid rising tensions between the two nations.

mattisHis comments come a day after the US imposed new sanctions against Iran in response to a ballistic missile test.

But Mattis said he did not see any need to boost US troop numbers in the Middle East to deal with Iran, reported BBC.

A Revolutionary Guards commander said Iran would use its missiles if its security is under threat, as the elite force defied new US sanctions on its missile program by holding a military exercise on Saturday.

Tensions between Tehran and Washington have risen since a recent Iranian ballistic missile test which prompted US President Donald Trump’s administration to impose sanctions on individuals and entities linked to the Revolutionary Guards.

Trump’s national security adviser Michael Flynn said the Washington was putting Iran on notice over its “destabilizing activity,” and Trump tweeted Tehran was “playing with fire”

“We are working day and night to protect Iran’s security,” head of Revolutionary Guards’ aerospace unit, Brig. Gen. Amir Ali Hajizadeh was quoted as saying by Tasnim news agency.

“If we see smallest misstep from the enemies, our roaring missiles will fall on their heads,” he added.

Iran’s Revolutionary Guards is holding the military exercise in Semnan province on Saturday to test missile and radar systems and to “showcase the power of Iran’s revolution and to dismiss the sanctions,” according to the force’s website.

Dismissing Trump’s comments that “nothing is off the table” in dealing with Tehran, the commander of Iran’s ground forces said on Saturday that the Islamic Republic has been hearing such threats since its 1979 revolution. “The defense capability and the offensive prowess of Iran’s armed forces would make America or any other enemy regretful of any incursion,” Ahmad Reza Pourdastan was quoted as saying by ISNA.

Iranian state news agencies reported that homemade missile systems, radars, command and control centers, and cyber warfare systems would be tested in Saturday’s drill.

Iran has one of the Middle East’s largest missile programs and held a similar exercise in December to showcase its defense systems, including radars, anti-missile defense units, and short and medium-range missiles.

Tehran confirmed on Wednesday that it had test-fired a new ballistic missile, but said the test did not breach its nuclear agreement with world powers or a UN Security Council resolution endorsing the pact.

Iran has test-fired several ballistic missiles since the nuclear deal in 2015, but the latest test was the first since Trump entered the White House. Trump said during his election campaign that he would stop Iran’s missile program.

The UN Security Council held an emergency meeting on Tuesday and recommended the missile testing be studied at the committee level. The new US ambassador to the UN, Nikki Haley, called the test “unacceptable.”

The Security Council resolution was adopted to buttress the deal under which Iran curbed its nuclear activities to allay concerns they could be used to develop atomic bombs, in exchange for relief from economic sanctions.

The resolution urged Tehran to refrain from work on ballistic missiles designed to deliver nuclear weapons. Critics say the resolution’s language does not make this obligatory.

Tehran says it has not carried out any work on missiles specifically designed to carry nuclear payloads.

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Skazi
 - 
Sunday, 5 Feb 2017

US says Iran is the biggest terrorist..... But the world says US is the biggest terrorist, poking its nose every where....

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News Network
April 28,2020

Riyadh, Apr 28: The number of confirmed coronavirus cases in Saudi Arabia crossed the critical 20,000-mark on Tuesday with the discovery of 1,266 new cases. Eight new deaths were also recorded during the last 24 hours, bringing the virus-related death toll to 152.

Twenty-three percent of the new cases are of Saudi nationals, while 77 percent are of non-Saudi residents, Saudi Press Agency (SPA) quoted the ministry spokesman Dr. Muhammad Al-Abdel Ali as saying.

Out of the total 20,077 cases till Tuesday, 17,141 cases are active, he added. A total of 118 cases are currently critical, the spokesman said.

Out of the 1,266 new cases, 327 were reported in Makkah, 273 in Madinah, 262 in Jeddah, and 171 in Riyadh. There were 58 cases in Jubail, 35 in Dammam, 32 in Taif, 29 in Tabuk and 18 in Al-Zulfi. Additionally, nine cases were recorded in Khulais; eight in Buraidah; seven in Al-Khobar; five in Hufof; four each in Qatif and Ras Tanura; three in Adhum; two each in Al-Jafr, Al-Majaridah, Yanbu, Bisha and Diriyah; and one each in Abha, Khamis Mushayt, Baqeeq, Dhahran, Dhalum, Sabiya, Hafr Al Batin, Hail, Sakaka, Wadi Al-Dawasir and Sajr, the spokesman said.

The Kingdom saw a spike in cases when the health ministry began its field-testing efforts nearly two weeks ago, targeting suspected infection cluster areas. Since then, there has been a steady increase in daily cases.

Till Monday, around 1 million people were screened in various neighborhoods throughout the Kingdom.

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Agencies
January 11,2020

Muscat, Jan 11: Oman's Sultan Qaboos bin Said has died, Aljazeera reported citing state television on Friday.

Qaboos was 79-year-old and was ill for a long time. He has served as the ruler of Oman since 1970 when he ousted his father in a bloodless coup.

Qaboos had no children and has not publicly named his successor.

Sultan Qaboos travelled to Belgium for a week in December for what was described then as "medical checks." He returned to Oman but speculations of his deteriorating health were rife.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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