Saudi Arabia among top 3 safest places in world

September 5, 2016

Jeddah, Sep 5: Saudi Arabia has been ranked among the top three safest places in the world, thanks to fewer natural disasters and constant efforts by the government in terms of health, security and infrastructure.

jeddah

The Institute for Environment and Human Security at the UN University has, in its recent report, placed the Kingdom as the third most safe and secure country after Malta and Qatar.

The US ranked 116th, while the most dangerous countries in the world included Vanuatu and Tonga, the Philippines, Guatemala and Bangladesh.

According to the American news site, TakePart, natural disasters like fires, tsunamis and earthquakes reduce the proportion of people living in security and safety.

Researchers at the Institute for Environment and Human Security at the University of the UN recently issued a study analyzing such disasters in 171 countries and the risks they pose.

The study’s project manager, Peter Myuk, said the survey took into account all issues concerning the environment and natural and human aspects, as well as the infrastructure in many countries, the ability to provide security for citizens, and ability to deliver aid quickly in the event of certain disasters.

According to the results of the study, Vanuatu, Tonga, the Philippines, Guatemala and Bangladesh ranked as the five most dangerous countries to live in.

Thirteen countries, out of 15, with low safety levels are located on the African continent, and this can be attributed to the low development levels.

Vanuatu and Tonga specifically suffer from frequent earthquakes and volcanoes, decreasing their safety levels.

Richer countries ranked higher on the list, due to good infrastructure, larger food assistance and the development of telecommunication, electricity, sewage, water and other services that people need.

Australia has been ranked 121st on the list because it suffers from flooding throughout the year; equally low ranked is Japan, which suffers from natural disasters but addresses the challenges with modern building techniques.

The study also revealed that countries such as Liberia (56th), Zambia (66th) and Central Africa (71st) suffer mostly from lack of health and medical resources, as well as medical evacuation and ambulance services.

Many countries also suffer from poor roads, making it difficult for emergency teams to deliver aid during natural disasters.

Based on the findings, researchers concluded that although countries “cannot control the size and strength of natural disasters, as well as the wars that are currently taking place in a number of countries, governments can do more to reduce the danger to humans by providing capabilities that would limit the number of victims.”
Saudi Arabia among top 3 safest places in world
Jeddah, Sep 5: Saudi Arabia has been ranked among the top three safest places in the world, thanks to fewer natural disasters and constant efforts by the government in terms of health, security and infrastructure.

The Institute for Environment and Human Security at the UN University has, in its recent report, placed the Kingdom as the third most safe and secure country after Malta and Qatar.

The US ranked 116th, while the most dangerous countries in the world included Vanuatu and Tonga, the Philippines, Guatemala and Bangladesh.

According to the American news site, TakePart, natural disasters like fires, tsunamis and earthquakes reduce the proportion of people living in security and safety.

Researchers at the Institute for Environment and Human Security at the University of the UN recently issued a study analyzing such disasters in 171 countries and the risks they pose.

The study’s project manager, Peter Myuk, said the survey took into account all issues concerning the environment and natural and human aspects, as well as the infrastructure in many countries, the ability to provide security for citizens, and ability to deliver aid quickly in the event of certain disasters.

According to the results of the study, Vanuatu, Tonga, the Philippines, Guatemala and Bangladesh ranked as the five most dangerous countries to live in.

Thirteen countries, out of 15, with low safety levels are located on the African continent, and this can be attributed to the low development levels.

Vanuatu and Tonga specifically suffer from frequent earthquakes and volcanoes, decreasing their safety levels.

Richer countries ranked higher on the list, due to good infrastructure, larger food assistance and the development of telecommunication, electricity, sewage, water and other services that people need.

Australia has been ranked 121st on the list because it suffers from flooding throughout the year; equally low ranked is Japan, which suffers from natural disasters but addresses the challenges with modern building techniques.

The study also revealed that countries such as Liberia (56th), Zambia (66th) and Central Africa (71st) suffer mostly from lack of health and medical resources, as well as medical evacuation and ambulance services.

Many countries also suffer from poor roads, making it difficult for emergency teams to deliver aid during natural disasters.

Based on the findings, researchers concluded that although countries “cannot control the size and strength of natural disasters, as well as the wars that are currently taking place in a number of countries, governments can do more to reduce the danger to humans by providing capabilities that would limit the number of victims.”

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Agencies
May 25,2020

Abu Dhabi, May 25: Dusty weather to persist in the UAE on Monday as well with a chance of rainfall in parts of the country, the national Met department reported.

According to the NCM, the weather today will be fair to partly cloudy, with a chance of some convective clouds formation by afternoon - eastward and northward - extending to some internal areas that may be associated with some rainfall.

The weather will get humid by night and Tuesday morning over some coastal areas.

NCM predicts a wet Eid break.

Sharjah Police issued a weather warning as heavy rain flooded roads in Sharjah's Kalba among other areas.

Moderate to fresh winds will gain strength during the day causing blowing dust and sand.

The sea will be slight to moderate in the Arabian Gulf and in Oman Sea.

Earlier on Sunday, a weather alert was issued by authorities as moderate to heavy rain - accompanied with hail - lashed parts of the UAE. A rainbow in Dubai skies cheered up residents, celebrating a unique Eid this year amid the coronavirus Covid-19 pandemic - by mostly staying home.

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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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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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