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Saudi Arabia reiterates determination to expose Hezbollah terrorism

October 25, 2016

Riyadh, Oct 25: The Cabinet on Monday renewed the Kingdom’s determination to fight the terrorist activities of the Lebanese militant group Hezbollah and to continue work with partners around the world to expose its terrorist and criminal activities.

SaudiThis was reaffirmed during the government’s weekly meeting, chaired by Custodian of the Two Holy Mosques King Salman on Monday at the Yamamah Palace.

The king briefed the ministers on different issues and offered his condolences to Sheikh Hamad bin Khalifa Al-Thani and Sheikh Tamim bin Hamad Al-Thani, emir of Qatar, and to the government and the people of Qatar on the death of Sheikh Khalifa bin Hamad Al-Thani.

King Salman also highlighted the results of his meetings and talks with Venezuelan President Nicolas Maduro, Afghan President Abdullah Abdullah, Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan, Prime Minister of Sweden Stefan Leuven and the President of the National Assembly of Chad, Haroun Kabadi, during which the king reviewed prospects for these countries’ cooperation in various fields with the Kingdom.

The Cabinet emphasized the Kingdom’s call on the UN Human Rights Council to hold a special session on the situation in the Syrian city of Aleppo, in light of the dangerous escalation of the situation by the Bashar Assad regime and its allies, in flagrant violation of international humanitarian law.

It also stressed the UN World Food Program’s comments regarding the Saudi contribution in support of the displaced Syrians and of the Syrian refugees in Jordan.

The Cabinet hailed the patronage of the Custodian of the Two Holy Mosques of the King Abdulaziz International Competition for memorizing, reading and interpretation of the Holy Qur’an, currently being held with the participation of 114 competitors from 76 countries.

The Cabinet praised the outcome of the 20th meeting of the environment ministers of the Gulf Cooperation Council in Jeddah.

The Cabinet hailed the joint statement issued after the first meeting of the Saudi-Jordanian Coordination Council and the fact that work of the council’s preparatory committee will continue and that agreements under process will be taken to completion.

Acting Minister of Culture and Information Essam bin Said, talking to the media after the meeting, said the Cabinet reviewed the outcome of the discussions on petroleum markets and progress toward stability, held by GCC oil and energy ministers at their 35th meeting in Riyadh.

He said the Cabinet hailed the fact that the Kingdom became a member of the board of directors of the International Comparison Program (ICP), for its 2017-2019 session, representing the countries of West Asia.

The minister said the Cabinet welcomed the final communiqué of the 42th session of the foreign ministers of OIC countries, held in the capital of Uzbekistan, which called on promoting the awareness of the international community about the humanitarian role of Islam.

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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
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
January 8,2020

Dubai, Jan 8: Iranian state television said on Wednesday that at least 80 "American terrorists" were killed in attacks involving 15 missiles Tehran launched on US targets in Iraq, adding that none of the missiles were intercepted.

State TV, citing a senior Revolutionary Guards source, also said Iran had 100 other targets in the region in its sights if Washington took any retaliatory measures. It also said US helicopters and military equipment were "severely damaged".

Iran launched missile attacks on US-led forces in Iraq in the early hours of Wednesday in retaliation for the US drone strike on an Iranian commander whose killing has raised fears of a wider war in the Middle East.

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