Saudi Crown prince inaugurates 17th Scientific Forum for Haj, Umrah and Visit Research

May 12, 2017

Madinah, May 12: The 17th Scientific Forum for Haj, Umrah and Visit Research was inaugurated Wednesday at Taibah University in Madinah by Crown Prince Mohammed bin Naif, chairman of the Higher Supervisory Committee of the Custodian of the Two Holy Mosques Institute for Haj and Umrah Research.

UmrahThe institute, at Umm Al-Qura University, “is proud to take on the task of developing and improving the Haj, Umrah and visitor environment by refining the services provided to the guests through scientific research and specialized studies,” said Sami Barhamain, dean of the Custodian of the Two Holy Mosques Institute for Haj and Umrah Research.

The theme of the forum involved studies of management, economics and jurisprudence, health and environment studies, as well as awareness and information centers, architectural and engineering studies, and information technology.

More than 200 researchers and participants are presenting their experiences via 46 research papers pertaining to their relevant fields, all of which have been made available on the forum’s scientific register.

Also present were Prince Faisal bin Salman, governor of Madinah and chairman of the Haj Committee in the region; Mohammed Saleh Benten, minister of Haj and Umrah and acting minister of education; Bakri bin Maatouq Assas, director of Umm Al-Qura University and general supervisor of the Custodian of the Two Holy Mosques Institute for Haj and Umrah Research; and Abdulaziz Al-Sarani, director of Taibah University.

The participants and audience then viewed a presentation on the achievements of the institute, as well as research partnerships with concerned parties.

The participants urged the media to convey the true endeavors to offer services and secure the safety of pilgrims.

During their second scientific meeting called “Awareness and Media,” held under the chairmanship of the director of Taibah University, Abdulaziz Al-Sarani, participants also called for countering malicious campaigns targeting the Kingdom and discussed several issues related to the media.

Abdullah Al-Wazzan from the Northern Border University presented the paper titled “The role of Twitter in raising environmental awareness among Saudi university youth,” stressing that “there is an urgent need to enhance environmental awareness and help the youth get acquainted with issues pertaining to it, particularly those that pose a danger to humans” and how important it is that “university students acquire awareness of the environment.”

He called on Twitter users to publish material — news, comments, photos and videos — pertaining to the environment.

Eman Fathi Abdel Mohsen, from the college of Social Sciences at Umm Al-Qura University, presented a scientific paper on the effectiveness of designing an application on smartphones to raise the awareness of visitors to the Prophet’s Mosque about religious tourism in Madinah, stressing that there is consensus on the need to design an electronic guide application in this regard.

“Al-Baqi was one of the religious tourism sites most visited, according to a study conducted in Madinah, followed by Jabal Uhod, and the Green Dome Mosque came third,” she said.

In their paper, Wajdi Helmi Abdul Zaher and Mohammed Ali Gharib, from the college of Social Sciences, Umm Al-Qura University, also highlighted the important role the media play in promoting the image of the Kingdom of Saudi Arabia to those who perform Haj and Umrah, and the need to conduct media campaigns abroad.

They pointed to “the need to monitor the interactive relationship between the Saudi security media and the degree of satisfaction of pilgrims, which strengthens the religious message,” and the importance of monitoring and addressing media messages aimed at distorting the image of the Kingdom.

Another working paper titled “Studying the most effective guidance forms and symbols in the Prophet’s Mosque” concluded that there is a need to unify the guiding signs and highlight the identity and importance of Madinah.

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News Network
May 31,2020

Dubai, May 31: As many as 84 beggars have been arrested in Dubai during the Eid Al Fitr holiday, the Dubai Police have said.

The arrests were carried out as part of their anti-begging campaign to prevent begging during the holy month of Ramadan.

Some illegal vendors, too, have been arrested in different areas of the emirate, the police added.

Colonel Ali Salem, Director of the Infiltrators Department at the Criminal Investigations Department of Dubai Police, said that the campaign aims to maintain the safety and security of the society, adding that the campaign was successful and helped reduce the number of beggars across the emirate.

He called on the public to report begging activities to the number 901 or the Dubai Police app.

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News Network
March 28,2020

Mar 28: Just hours after Prime Minister Narendra Modi spoke to the Abu Dhabi crown prince on the Coronavirus Pandemic, India “thanked the UAE authorities for accommodating the 19 Indian nationals who were stuck at Dubai airport for past several days”.

The Indian mission in Dubai tweeted, “They got stranded due to various restrictions to deal with Covid-19 pandemic. Hotel rooms have been given to them inside the airport. Our Consulate had been in constant touch with the Indian nationals and UAE and Indian authorities. We had also provided some financial help to enable our stranded passengers to buy food. The situation was tough due to the pandemic situation.”

During their conversation last evening, Abu Dhabi crown prince Sheikh Mohammed Bin Zayed Al Nahyan had “assured Prime Minister Narendra Modi about the welfare of the over two million Indians living in UAE and contributing to its economy”. PM Modi “thanked the Crown Prince for his personal attention to the health and safety of Indian expatriates in the present situation”.    

A statement issued late on Thursday night by the MEA said, “The two leaders exchanged information and views on the ongoing COVID-19 pandemic, the situation in their respective countries, as well as the steps being taken by their Governments. They agreed that the next few weeks would be crucial to control the spread of the virus, and required concerted and coordinated efforts by all countries. In this context, they appreciated the organisation of a Virtual Summit among G20 Leaders earlier in the day, to discuss the pandemic.

Both leaders emphasised the importance they attach to the strength and richness of the bilateral relationship. They agreed to maintain regular consultations between their officials in the present situation, particularly to ensure continuity of logistical supply lines.”

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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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