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‘New city’ to come up at Taif with 10K houses, varsity, airport

Agencies
October 2, 2017

Jeddah, Oct 2: Plans were approved on Sunday for a $3 billion “new city” at Taif, with more than 10,000 homes, a culture and heritage tourist center, technology and industry parks, a university and an airport.

The project will occupy nearly 1,250 square kilometers on a site in the northeastern part of the existing city of Taif, with the tourist center an expansion of the popular Souq Okaz destination.

An infrastructure contract has already been signed for the first phase of a three-stage project to build a residential suburb of more than 10,000 homes. The $160 million development over 12 million square meters is the biggest in Makkah Region.

The General Authority for Civil Aviation has signed a contract to develop and operate the new Taif International Airport with a group of companies including Asiad, the Contractors Association Co. and Munich Airports Co.

The airport will be built on a 48 million square meter site 40km from Taif and 117km from Makkah. It will cost $800 million and is expected to be operational by 2020.

The new Souk Okaz City, in addition to its culture and heritage tourist attractions, will also have 1,250 hotel rooms and 130 new homes. It is being supervised by the Saudi Commission for Tourism and National Heritage, with participation from the private sector, and will cost almost $1 billion.

The tourism project will create 4,400 jobs, is expected to attract more than 260,000 visitors a year and will contribute about $80 million a year to the the Kingdom’s GDP.

A consortium of global companies has been selected to design a business park called the Oasis of Technology, a joint venture between King Abdul Aziz City for Science and Technology and the Morganti Group.

The 35 million square meter site will accommodate projects to assemble and manufacture Antonov aircraft, make solar panels and develop solar energy.

A new Industrial City, the first in Taif Province, will be built on an 11 million square meter site 55km from the city center and 29km from the airport.

The $32 million first phase will include light, medium and heavy industries, and a vocational training center.

The new university will be built at Sysid National Park. It is composed of 16 separate projects over an area of 16 million square meters, at a cost of $530 million.

King Salman was briefed on the new projects at Al-Salam Palace in Jeddah on Sunday by Dr. Saad Mohammed Mariq, adviser to the governor of Makkah.

The king said the aim was to serve Saudi citizens and the homeland.

“Our doors, our phones, and our ears are open for every citizen,” he said.
 

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Agencies
July 28,2020

Dubai, Jul 28: Abu Dhabi Commercial Bank (ADCB) (ADCB.AD) is letting go hundreds of employees, sources said, the latest in a round of lay-offs by regional banks as pressure mounts to cut costs amid lower oil prices and the coronavirus crisis.

The UAE’s third-biggest lender is laying off 400 employees, two sources familiar with the matter said, after it had committed to not cutting staff because of the crisis.

In a statement, a spokesman said ADCB had pursued efficiency over the last decade by managing out its lowest underachievers after regular reviews, while ensuring talent was deployed in high-growth areas, such as digital banking.

“A certain number of redundancies are therefore expected every year in the normal course of business,” the bank spokesman added.

The sources said the cuts would involve ADCB’s consumer business and several in top management were among those being let go. One source said the bank was looking to close 20 branches.

In March, ADCB had declared, “No employee will be made redundant during 2020 as a result of the COVID-19 pandemic.”

UAE banks have been hit by government measures to rein in the spread of the virus, forcing many businesses to shut temporarily.

Last week, Dubai’s largest bank, Emirates NBD, reported a slump of 58% in profits. In June, sources told Reuters the bank started a new round of hundreds of lay-offs.

In May, ADCB reported a fall of 84% in first-quarter net profit as it took impairments of $292 million on debt exposure to troubled hospital operator NMC Health and payments group Finablr.

It was a major lender, with an exposure of about $981 million, to NMC Health, which went into administration this year after months of turmoil following questions over financial reporting.

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News Network
April 5,2020

Ajman, Apr 5: A bakery worker in Ajman has been detained for spitting in the bread dough as he prepared bread at the bakery, police said.

The General Command of Ajman Police arrested the Asian worker in coordination with Ajman Municipality after investigators suggested that he intentionally spat in the dough while preparing bread at a bakery which is located in Ajman.

Lt. Col. Muhammad Mubarak Al-Ghafli, Director of Al-Jarf Al-Shamel Police Station, said a team from police had immediately gone to arrest the worker after receiving a report from the municipality confirming that the man spat in the bread dough.

Officials said a customer had filmed the Asian as he spat in the dough while preparing the bread at the bakery during the evening.

The customer then filed a complaint to the municipality with the supporting evidence of a video as the worker was doing the buzzer act.

Police said the man was taken for for psychological examination as he's being prepared to be referred to the public prosecution.

Meanwhile, the bakery has been shut down by the municipality for violating food hygiene and public health rules.

Lt. Col. Al-Ghafli has appealed to the public to report persons or any acts that could harm the health and safety of the public.

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Agencies
June 29,2020

Protests condemning the Israeli plan to annex parts of the occupied West Bank are set to take place in the United States and Europe on the same day prime minister Benjamin Netanyahu plans to begin the process.

The demonstrations will be held on Wednesday in Chicago, San Diego, Brooklyn, Los Angeles and San Francisco. Other Western cities will also witness similar protests, including Toronto, Madrid and Valencia.

Students for Justice in Palestine, Jewish Voice for Peace, and American Muslims for Palestine are among the pro-Palestinian groups organizing the protests.

The Samidoun Palestinian Prisoner Solidarity Network, one of the organizers, urged "direct actions and popular mobilizations in [Palestinian] refugee camps, cities and villages," and professed "loyalty to the martyrs" on its call for the events.

Another group, Al-Awda or the Palestinian Right to Return Coalition, decried "72 years of genocide, ethnic cleansing and dispossession" of Palestinians.

It also tied their demonstrations to the protests against anti-black racism in the US and beyond.

"We demand the defunding and dismantling of US police alongside the defunding and dismantling of Zionist colonialism and racist Israeli apartheid," Al-Awda said on its website.

Netanyahu has set July 1 as the date for the start of cabinet discussions on the annexation plan.

He has been driven ahead by US President Donald Trump, who unveiled a “peace” plan for the Middle East in January that effectively sidelines the Palestinians altogether.

The plan, which Trump himself has described as the “deal of the century,” envisions Jerusalem al-Quds as “Israel’s undivided capital” and allows the Tel Aviv regime to annex settlements in the occupied West Bank and the Jordan Valley. The plan also denies Palestinian refugees the right of return to their homeland, among other controversial terms.

The Palestinians want the West Bank as part of a future independent Palestinian state with East Jerusalem al-Quds as its capital.

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