Mideast countries have right to use nuclear energy for peaceful purposes: Saudi

October 11, 2016

Riyadh, Oct 11: The Cabinet, in its weekly meeting on Monday, reiterated Saudi Arabia's belief in the legitimate right of Middle Eastern countries to use nuclear energy for peaceful purposes, under supervision of and according to the International Agency for Atomic Energy standards.

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The Kingdom gave voice to this belief just before the 71st UN General Assembly meeting discussing the importance of implementing the Agreement on Barring the Use of Chemical Weapons in Syria.

The Cabinet also reviewed the outcome of the Arab League's extraordinary meeting, held at permanent representatives level, to discuss the serious situation in the Syrian city of Aleppo.
It acknowledged the Kingdom's assertion that it is important for Arab countries to stand by the Syrian people and exert all possible efforts, at the international level, to provide safe havens where relief can be delivered for civilians

The Cabinet asked the international community to break its silence over the crimes committed by the Syrian regime.

The Cabinet’s meeting was chaired by Custodian of the Two Holy Mosques King Salman, who briefed the ministers on the outcomes of his talks and meetings with Maldives President Abdulla Yameen, Italian defense minister, Japanese minister of economy, trade and industry and Japanese minister of state for foreign affairs.

During those meetings, bilateral relations as well as the developments in the regional and international arenas were discussed, as was the oral message received by the monarch from President Mahamadou Issoufou of Niger.

The Cabinet praised the results of Al-Khaleej (Gulf) 1 shield maneuvers, which were carried out by the Saudi royal naval forces — Eastern Fleet — in the Arab Gulf and Oman Sea waters, across the Hormuz Strait as well as the joint aerial drill dubbed Al-Jazeerah (peninsula) conducted by Eagle (2016 fighters) in the UAE with the participation of air forces of the GCC member states.

Minister of Commerce and Investment Majid Al-Qassabi, who is also acting minister of culture and information, said in a statement to SPA after the meeting that the Cabinet discussed the Kingdom's participation in the joint annual meetings of the World Bank and the IMF, and the meeting of the G20, which were held in Washington, and highlighted the efforts exerted by Saudi Arabia to implement economic reforms as part of the national transformation program to achieve the Kingdom's Vision 2030.

He asserted that the application of these reforms is bound to yield a strong, balanced and sustainable economic growth, and to activate the role of the private sector in enhancing job opportunities and economic growth.

The minister said the Cabinet welcomed the outcome of the 28th GCC justice ministers' meeting, held in Riyadh, underscoring the importance of completing a study on transferring the current guiding systems to unified systems and laws as per the GCC supreme 36th summit, and based on the king’s vision.

The Cabinet was briefed on a host of activities and events held last week, including the agreement signed by the Ministry of Housing to construct more than 10,000 residential units in Tarout and Safwa centers in Qatif, the MoU signed by the Kingdom with Bulgaria in the fields of tourism and heritage, the 10th meeting of the general prosecutors and attorneys, as well as heads of investigation and general prosecution commissions of the GCC countries in addition to the symposium organized by the Global Union for General Transportation for the Middle East and North Africa under the theme Efficiency of Consuming Fuel and Alternative Energy.

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Agencies
July 16,2020

Riyadh, Jul 16: Prince Abdul Aziz bin Saud bin Naif, minister of interior and chairman of the Hajj Supreme Committee, chaired a virtual meeting on Wednesday with the heads of  security agencies and officials in charge of this year’s Hajj season.

During the meeting, the minister and security officials discussed organizational issues related to Hajj, including preventive and precautionary steps related to fighting the coronavirus disease, procedures related to pilgrims commuting to the holy sites, and mechanisms to facilitate performing the Hajj rituals.

Prince Abdul Aziz confirmed abiding by the directives of King Salman and Crown Prince Mohammed bin Salman to take all precautions to preserve the safety of the pilgrims, and facilitate their performance of their Hajj rituals, according to the highest health standards to contain the new coronavirus pandemic.

Saudi Arabia has decided to allow only a limited number of domestic pilgrims to perform Hajj this year in the wake of the COVID-19 outbreak.

Only those expatriates between the ages of 20 and 50 who are not suffering from any chronic diseases can apply for the pilgrimage.

Earlier, the Ministry of Hajj and Umrah said that requests from people of 160 nationalities in the Kingdom have been screened electronically to select who will perform Hajj this year.

Of the pilgrims who will receive approval, 70 percent will be non-Saudis residing in the Kingdom and the remaining 30 percent will be Saudi citizens.

Meanwhile, the Ministry of Interior said that anyone found entering the sites of Hajj (Mina, Muzdalifah and Arafat) without a permit from July 18 till the end of Dhu Al-Hijjah 12 will be issued with a fine of SR10,000 ($2,600).

The fine will be doubled if the offence is repeated. Security personnel will be posted on roads leading to the holy sites to ensure that anyone who breaks the law will be stopped and fined.

Around 2.5 million foreign and domestic pilgrims performed Hajj last year.

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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
June 22,2020

Riyadh, Jun 22: The Ministry of Municipal and Rural Affairs (MMRA) in Saudi Arabia has announced the continuation of the ban on providing Shisha (hubble-bubble), and the closure of children's play areas in restaurants as a precautionary measure for protecting the health of citizens and residents from the novel coronavirus COVID-19 infection.

The new stage, in which the Kingdom is beginning to coexist with the virus, focuses on the concept of "social distancing" that has emerged since the start of the coronavirus crisis throughout the world,

It stipulates leaving at least 2 meters between one person and the other in public places to prevent the transmission of infection, in addition to covering the mouth and nose by wearing a facemask.

It also specifies complying with the preventive protocols in workplaces, stores, shops, mosques and tourist attractions, with human gatherings not to exceed 50 people, as a maximum.

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