Qatar mulls seeking damages over Gulf blockade

Agencies
July 19, 2017

Doha, Jul 19: Qatar has announced that it is considering legal action against four Arab countries led by Saudi Arabia and the UAE, demanding compensation for losses incurred owing to the ongoing blockade.

Ahmed bin Jassim Al Thani, Qatar's economy minister, met on Tuesday the heads of international trade organisations in Geneva, Switzerland, to discuss the case for compensation.

Qatar has contracted a specialised legal team to study the actions taken by the blockading countries against it, according to a statement from the economy ministry in Doha.

Separately, Khalid bin Mohammed al-Attiyah, Qatar's defence minister, said the country may even its case to the International Court of Justice (ICJ), also known as the World Court, at The Hague.

Because of its financial reserves and as long as it can continue exporting liquefied natural gas, Qatar has avoided any crippling economic crisis because of the blockade.

But it has been forced to rely on planes to import food, after Saudi Arabia and the UAE blocked shipment of goods into Qatar.

Several other businesses were also disrupted, including the country's national flag carrier Qatar Airways, whose flights to Saudi Arabia, the UAE, Egypt and Bahrain remain suspended.

Legal measures

The development comes a day after Qatar officials said the government was considering "legal measures" locally and internationally over the alleged hacking of the state news agency.

Speaking to Al Jazeera on Tuesday, Marwan Kabalan of the Doha Institute said that over the past weeks, Qatar has been trying to use "different tools to undermine the blockade".

The "balance of power" within the Gulf region is now "tilting towards Qatar", particularly after the Washington Post revelation of UAE's role in the hacking that precipitated the crisis.

With the Gulf crisis entering its eighth week, however, there is no sign of the dispute being resolved soon.

Earlier, Mohammed Cherkaoui, professor of conflict resolution at George Mason University in Virginia, told Al Jazeera that regional and international mediation have faced "several setbacks". Saudi Arabia, the UAE, Bahrain and Egypt imposed a land, sea and air blockade on Qatar on June 5.

The quartet accuse Qatar of funding "terrorism", an accusation Qatar rejects as "baseless".

On June 22, the Saudi-led group issued a 13-point list of demands, including the shutdown of Al Jazeera, limiting ties with Iran and expelling Turkish troops stationed in the country, as a prerequisite to lift the sanctions.

Qatar rejected the demands and the countries now consider the list "null and void".

Kuwait is trying to mediate in the dispute, and countries such as the US and France have urged the parties to engage in direct talks.

Qatar and several countries have called for the lifting of the sanctions before face-to-face talks can proceed.

Daniel Hannan, a Conservative British member of the European Parliament who visited Qatar on Monday, said the continuing blockade on Qatar is not helpful in resolving the crisis.

"There is almost no situation in the world that isn't made worse by an economic blockade," Hannan told Al Jazeera.

Hannan said an "immediate lifting" of the sanctions could pave the way for talks, saying: "It is very difficult to negotiate with a gun to your head."

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Agencies
August 4,2020

Beirut, Aug 4: A massive explosion has shaken the Lebanese capital of Beirut, with a very high number of casualties expected.

A warehouse at the Beirut Port caught fire on Tuesday afternoon, triggering a huge explosion, Lebanon’s official National News Agency (NNA) reported.

Several smaller explosions were heard before the bigger one occurred.

Abbas Ibrahim, the head of Lebanon’s General Security, said that “highly explosive materials” confiscated earlier had been stored at the site.

Footage shared on social media captured the moment of the bigger explosion, with a colossal shock wave seen traveling fast across several hundreds of meters and shrouding the area in thick smoke.

The blast left enormous material damage to the surrounding buildings and structures. But it was not immediately known how big an area was affected.

There was also no immediate casualty count. Graphic amateur video from the scene showed bodies strewn on the ground, with their clothes blown off.

The NNA said rescue operations were underway. Ambulances were seen heading toward the scene in central Beirut.

Lebanese LBC television channel quoted Lebanon’s Health Minister Hamad Hasan as saying that the blast had caused a “very high number of injuries” and “extensive damage.”

Beirut Governor Marwan Abboud said an unspecified number of firefighters dispatched to extinguish the initial fire had been killed in the explosion.

“As they were putting out the fire, the explosion took place and we’ve [lost them],” he said, breaking down on live TV.

The explosion comes at a time when the Arab country is passing through its worst economic and financial crisis in decades, and amid rising tensions with Israel.

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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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News Network
April 22,2020

Dubai, Apr 22: Saudi Arabia's Health Ministry registered 1141 new Coronavirus cases, 172 new Recoveries and 5 new deaths in the last 24 hours by 22nd April 2020 (3:40 PM), Most of  the Corona infected patients are in stable condition, while 82 cases are on critical condition and are being treated in various hospital's Intensive Care Unit, All the confirmed and suspected cases are isolated and are being treated in the country, the Total Covid-19 cases as of Today are as follows
 
Infections : 12772
Recovered : 1812
Deaths : 114
Active Cases : 10846
Critical : 82

-  The Spokesperson of Ministry of Health said Total laborartory tests exceeded 200,000. 

-  You should continue to socialize and stay at home, especially for those aged 65 and over or who suffer from chronic diseases.

-  Half a million field assessments under active survey, 50 government agencies involved in anti-virus efforts, 150 field teams participating in the active examination in the Kingdom.

- The Health Ministry said, Maintaining hand-washing and keeping away from gatherings is an important step, and we should all be responsible.

- Worldwide Covid-19 infection details as of Today (22nd April) are

Infections : 2,580,729
Recovered : 693,093
Deaths : 178,371

- Among the 1141 new infections, most of the cases are on active survey results, 868 cases from new infections are discovered from active survey field testing. The city wise total active cases excluding recoveries and deaths by 22nd April are

Makkah : 2472
Madina : 1944
Riyadh : 1762
Jeddah : 1679
Dammam : 678
Hofuf : 507
Taif : 131
Tabuk : 128
Jubail : 97
Qatif : 73
Buraidah : 46
Khamis Musaith : 44
Khobar : 38
Dhahran : 36
Yanbu : 36
Khalis : 24
Ar Ar : 16
Khafji : 15
Ras Tanura : 12
Zulfi : 11
Onaiza : 9
Al Maqwat : 9
Al Dariya : 8
Al Kharj : 8
Samita : 8
Bisha : 7
Najran : 7
Al Khanfadah : 7
Hail : 6
Al Baha : 6
Sabit Alaya : 5
Muhayil Asir : 5
Ahad Rafidah : 4
Muwiya : 4
Ar Ras : 4
Al Qurayyat : 3
Al Muzilaf : 3
Sharura : 3
Al Jafar : 2
Al Lais : 2
Al Hanakiya : 2
AlMabraz : 2
Al Qawiya : 2
Al Tawal : 2
Al Misan : 2
Al Qariya : 2
Hada : 2
Rabig : 2
Sabia : 2
Saihat : 2
Azam : 1
Al Aiz : 1
Al Bakariya : 1
Al Dawadmi : 1
Al Majmaah : 1
Al Mada : 1
Al Shamli : 1
Al Ala : 1
Al Wajha : 1
Al Arida : 1
Beesh : 1
Diba : 1
Sakaka : 1
Sariban : 1
Sharura : 1
Riyad Al Khabra : 1

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