Saudi Arabia exhorts world community to contain Israel

October 13, 2015

Riyadh, Oct 13: Custodian of the Two Holy Mosques, during Monday’s Cabinet meeting, urged the international community, including the United Nations to take action against Israel, to ensure it stops its violations against the Palestinian people, and ensure their rights are recognized.

Israel

The Cabinet valued the decision taken by the extraordinary meeting of the Organization of Islamic Cooperation foreign ministers, which was held in New York, in response to Saudi Arabia’s call, which confirmed Palestinian sovereignty over east Al-Quds, and condemnation of Israel.

The Cabinet welcomed the political agreement reached between representatives of the Libyan parties in Sukhairat city, Morocco on the formation of a national unity government, which was announced by Bernardino Leon, the special envoy of the United Nations secretary general to Libya.

The Cabinet condemned the bombing in the capital of Turkey that led to many casualties, and said it stood by Ankara in its fight against terrorism.

The Cabinet also decided to include students with special needs in the private sector, with health and physical disabilities, to get certain financial rewards.

On the 85th National Day, the Cabinet underscored the security, stability and economic prosperity enjoyed by citizens.

All Muslims joined in this celebration because this was the country serving Islam, said Al-Toraifi.

The Cabinet was also briefed on the results of the visit to Russia by Deputy Crown Prince Mohammed bin Salman, second deputy premier and minister of defense and his meeting with President Vladimir Putin.

The Cabinet denounced the continuous violations against Al-Aqsa Mosque, Al-Quds and the West Bank, and the attacks on the Palestinian people by the Israeli occupation authorities and settlers, said Al-Toraifi.

In addition, it approved a memorandum of understanding on housing with the Russian Federation, signed in the city of Saint Petersburg earlier this year.

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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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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
May 2,2020

Dubai, May 2: Saudi Arabia has confirmed 1,362 new coronavirus cases, bringing the total number of COVID-19 patients in the country to 25,459, the Ministry of Health reported Saturday.

In the daily media briefing, the ministry announced 7 more deaths and 210 new recoveries, raising the total number of fatalities and recoveries to 176 and 3,765, respectively.

Out of the 1,362 new cases reported today, 249 were confirmed in Medina, 245 in Jeddah, 244 in Mecca, 161 in Riyadh, in addition to 126 infections in Dammam, 81 in Khobar and 80 in Jubail.

Dr. Mohammed Al Abd Al Aly, spokesman for Saudi Arabia’s Ministry of Health reiterated that so far there was no evidence that hot weather will curtail the spread of coronavirus.

Authorities continue to urge people to stay at home unless necessary despite having relaxed some restrictions and curfews at the start of Ramadan.

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