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King Salman’s team takes charge in Saudi Arabia

February 2, 2015

Jeddah, Feb 2: Saudi Arabia is all set for a new era under Custodian of the Two Holy Mosques King Salman as the newly appointed ministers and regional governors took oath of office in front of the king at Al-Yamamah Palace on Sunday.

team

King Salman urged the new governors and ministers to give top priority for the welfare and prosperity of citizens. “May Allah help us all to serve our religion, nation and people,” the king said in a brief speech.

He expressed his confidence in the new governors and ministers who took oath of office on Sunday, describing them as “the roots of this country founded by King Abdul Aziz.”

He highlighted Saudi Arabia’s position as the heart of the Muslim world and the cradle of Islam.

King Salman called upon Saudis to strengthen their unity and solidarity to bolster the Kingdom’s security and stability. He noted the great contributions made by previous kings.

“King Abdullah always advised me to give top priority for our citizens and our religion,” the king said.

Makkah Gov. Prince Khaled Al-Faisal, Riyadh Gov. Prince Faisal bin Bandar, State Minister Prince Mansour bin Miteb, National Guard Minister Prince Miteb bin Abdullah, Defense Minister Prince Mohammed bin Salman, and Islamic Affairs Minister Saleh Al-Asheikh, Education Minister Azzam Al-Dakhil and Culture and Information Minister Adel Al-Toraifi were sworn in during the ceremony. They swore separately: “In the name of Allah, the most gracious, the most merciful, I swear by Allah Almighty to be loyal to my religion, king and country, and not to divulge the state secrets, to maintain its interests and regulations, and to perform my duties sincerely, honestly and faithfully.”

Other ministers who took oath were: Justice Minister Walid Al-Samaani, State Minister Matlab Al-Nafeesa, State Minister Musaed Al-Aiban, Petroleum and Mineral Resources Minister Ali Al-Naimi, Finance Minister Ibrahim Al-Assaf, Water and Electricity Minister Abdullah Al-Hussayen and Labor Minister Adel Fakeih.

Housing Minister Shuwaish Al-Dhuwaihi; Haj Minister Bandar Hajjar; Economy and Planning Minister Mohammed Al-Jasser, Minister of Commerce and Industry Tawfiq Al-Rabiah, Minister of State for Shoura Affairs Mohammed Abusaq, Minister of State Essam bin Saeed; Minister of Transport Abdullah Al-Muqbil, Minister of Communications and Information Technology Mohammed Al-Suwaiyel; Minister of Social Affairs Majed Al-Qassabi, Minister of State Saad Al-Jabri, Minister of State Mohammed Al-Asheikh; Minister of Municipal and Rural Affairs Abdul Latif Al-Asheikh; Minister of Health Dr. Ahmed Al-Khateeb; Minister of Civil Service Khaled Al-Araj, Minister of Agriculture Abdul Rahman Al-Fadli, and Assistant Shoura President Yahya Al-Samaan.

In a statement after taking oath, Al-Toraifi thanked King Salman for the appointment. “I thank the king for the trust bestowed on me. I value this trust and I am proud of it. I hope that I will live up to the expectations.”

Abdul Rahman Al-Zamil, president of the Council of Saudi Chambers, said he expected a new era of cooperation between the public and private sectors during King Salman’s era.

“There has been high optimism in business circles after King Salman ascended the throne,” he said.

Al-Zamil commended King Salman’s open-door policy that gave an opportunity for citizens to present their complaints to government departments. “We know King Salman for the last 50 years as governor of Riyadh,” he said while praising his efforts to make Riyadh a world-class city.

Samira Al-Suwayegh, chairperson of the Executive Council for Businesswomen at Asharqia Chamber, said the new decisions issued by the king would help achieve sustainable development. “It will also open new horizons of progress in the economic sector and open the door for women to participate in economic and investment ventures inside and outside the Kingdom,” she said.

Rima Al-Shahrani, a businesswoman, said King Salman’s programs would have a positive impact on the national economy and create more job opportunities for Saudi men and women. “It will also improve the living condition of citizens across the country,” she added.

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MURUGAN RAMASAMY
 - 
Wednesday, 24 Feb 2016

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News Network
January 12,2020

Dubai, Jan 12: Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on December 11. It hit hit upwards of $10 a share on the second day of trading. This gave Aramco a market capitalization of $2 trillion, making it comfortably the world's most valuable company.

Aramco's additional sales mean the company has publicly floated 1.7% of its shares. It's IPO, even before the added sales, was the world's largest ever.

The shares sold in the over-allotment option "had been allocated to investors during the book-building process and therefore, no additional shares are being offered into the market today," Aramco said.

Company shares traded down on Sunday, dipping to around 34.7 riyals, or $9.25 a share, amid heightened tensions in the Persian Gulf between Iran and the United States. Aramco was a target of rising tensions over the summer when a missile and drone attack, which Saudi Arabia and the US blame on Iran, temporarily halved its production.

Sunday's trading figures value Aramco at $1.85 trillion, still well ahead of Apple, the second largest company in the world after Aramco, but below the $2 trillion mark sought by Crown Prince Mohammed bin Salman.

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Agencies
July 2,2020

With the launch of the Emirates Mars Mission less than a couple of weeks away, the spacecraft that will carry the UAE's Hope Probe to outer space has already been fuelled, it was announced today.

At a virtual briefing by the Mohammed bin Rashid Space Centre (MBRSC) today, the media was informed that scientists are busy giving finishing touches to the Hope Mars Mission, which will give mankind a complete picture of the Martian atmosphere once the UAE's indigenous probe reaches the Red Planet's orbit in 2021.

As the monitoring continues, final charging of the batteries is also ongoing, scientists said.

The space engineers averred that with this mission, the momentum in the region for space awareness will continue not only among young Emiratis but also among other youngsters in the Arab world.

The Hope Probe is scheduled to take off from Japan's Tanegashima Space Centre on July 15 at 00:51:27 UAE time.

The first Arab space mission to the Red Planet remained on track despite the challenges arising from the Covid-19 pandemic.

The spacecraft will provide the first global pictures of the Martian atmosphere and data will be shared freely with over 200 research centres across the world. It will help answer key questions about the global Martian atmosphere and the loss of hydrogen and oxygen gases into space over the span of one Martian year.

450 engineers, technicians and experts are involved in the project.  This comprises of 12,000 tasks in 6 years and entails 5.5 million working hours.

It includes 200 new technologies and 15 scientific partnerships with global universities and institutions.

The spaceship will travel 495 million km. It has a cruise speed of 121,000km/hour.

MBRSC is responsible for the execution and supervision of all stages of the design, development and launch of the Hope Probe. The UAE Space Agency is funding and supervising procedures and necessary details for the implementation of this project. After its launch in mid-July and following a journey of several months, the probe is expected to enter the Red Planet's orbit in 2021, coinciding with the Golden Jubilee of the Union.

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Agencies
July 31,2020

Makkah, Jul 31: Organising this year's scaled-down hajj required "double efforts" by Saudi authorities amid the coronavirus pandemic, King Salman said Friday after being discharged from hospital following gall bladder surgery.

Only up to 10,000 people already residing in the kingdom are participating in this year's pilgrimage, compared with 2019's gathering of some 2.5 million from around the world.

"Holding the ritual in the shadow of this pandemic... required reducing the numbers of pilgrims, but it obliged various official agencies to put in double efforts," 84-year-old King Salman said in a speech read out on state television by acting media minister Majid Al-Qasabi.

"The hajj this year was restricted to a very limited number of people from multiple nationalities, ensuring the ritual was completed despite the difficult circumstances," he said.

The speech came on the occasion of Eid al-Adha, the Muslim festival of sacrifice, a day after the king left hospital following a 10-day stay for surgery to remove his gall bladder.

The hajj, which began on Wednesday, is one of the five pillars of Islam and a must for able-bodied Muslims at least once in their lifetime.

Authorities implemented the "highest health precautions" during the rituals, the king said.

Pilgrims, who were all tested for the virus, are required to wear masks and observe social distancing.

For Friday's "stoning of the devil", the last major ritual of the hajj, Saudi authorities offered the pilgrims pebbles that were sanitised to protect against the pandemic.

In a sign that its strict measures were working, the health ministry reported no coronavirus cases in the holy sites on Wednesday or Thursday.

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