Saudi religious leaders warn against disunity

November 8, 2014

Saudi religiousMakkah, Nov 8: Anyone endangering the security of the country is, in fact, playing into the hands of the enemies who are looking for an opportunity to destroy the society, said Grand Mosque Imam Saud Al-Shoraim in his Friday sermon.

He warned Muslims to beware of those who want to drive a wedge between them in order to advance their nefarious designs.

“Sleep without security will be restless and a worship devoid of security will be muddled worship. Peace and security is very important for us,” Al-Shoraim said.

A number of people were killed in a terror attack in the Eastern Province on Monday.

Those who cause security breach and violence do not want a dignified life for their people, the Sheikh said.

Security is the basic requirement of life. It is achieved by ensuring the safety of life, property and honor, he added.

The imam compared one who breached security of a nation with a sailor who dug holes in a ship.

“Unless other sailors throw him overboard the whole ship will sink and all sailors drown,” he said

“Security is destabilized by deviant ideology that ruins religious values. Other situations that lead to the disruption of people’s security are harming innocent lives, addiction to drug or liquor, theft of wealth or earning money illegally by violating the honor of other people and committing adultery,” Al-Shoraim said in his speech.

In his sermon at the Prophet’s Mosque in Madinah, Imam and Khatib Sheikh Salah Al-Bodair stressed the importance of tolerance, wisdom and peace.

Grand Mufti Sheikh Abdul Aziz Al-Asheikh, chairman of the Council of Senior Religious Scholars, in his sermon at imam Turki bin Abdullah Mosque in Riyadh, said the consequences of the disruption of law and order in a country are grave and affect all sections of society.

“The wisdom behind the Shariah-based punishments is to establish justice in the word and to ensure security and stability for the Ummah,” Al-Asheikh said adding that Shariah-based punishments are a blessing from Allah sent down to the Muslims to rein in the wicked people and ensure security and peace in the society.

He also prayed to the Almighty to enable the Kingdom’s rulers to successfully implement the laws of Allah so that the corrupt are reined in and destroyed and people are guaranteed a life free from evil.

Interior Minister Prince Mohammed bin Naif has meanwhile reaffirmed that all security authorities will carry out their duties to challenge those who attempt to tamper with the Kingdom’s stability.

The minister made these comments, while visiting the families of victims killed in the terrorist attack in Al-Ahsa on Monday.

Interior Ministry spokesman Major General Mansour Al-Turki announced the arrest of an Al-Ahsa attack suspect in Arar on Friday night.

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News Network
March 5,2020

Dubai, Mar 5: A 16-year-old Indian girl here has tested positive for the deadly coronavirus, bringing the total number of confirmed infection cases in the UAE to 28, according to media reports.

Health officials here confirmed on Wednesday that a new coronavirus case was detected in the girl who attended an Indian school in Dubai, Al-Arabiya website reported.

The girl tested positive for the COVID-19 after she contracted the infection from her father who travelled overseas, Dubai Health Authority (DHA) was quoted as saying by the report.

The Indian High School in Dubai will be closed from Thursday as a precautionary measure, the Gulf News reported.

"As a precautionary measure, Indian High School Group of schools is closed from Thursday, March 5. Detailed circular about exams will be mailed. Your well-being is important. Take care," the report said.

The father developed symptoms of the virus five days after returning to Dubai. Both the student and family members have been quarantined in hospital and are stable and recovering well. All other family members have also been quarantined, the Khaleej Times reported.

"Within the framework of comprehensive preventive measures against the spread of coronavirus, the DHA is conducting tests and monitoring the students, staff and workers of the school that may have interacted with the coronavirus patient," the DHA was quoted as saying by the Gulf News.

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News Network
April 20,2020

Riyadh, Apr 20: Six more people have died in Saudi Arabia after contracting coronavirus as 1,122 new coronavirus cases were reported on Monday.

The Saudi health ministry said that total number of cases in the Kingdom had increased to 10,484. It also recorded 92 new recoveries, raising the total to 1,490.

The ministry said precautionary measures shall remain to limit the virus spread.

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Agencies
March 15,2020

Riyadh, Mar 15: Saudi Aramco on Sunday reported a 20.6 percent drop in its net profit for 2019 due to low oil prices and production levels, the company said in a statement.

These are the first annual results to be announced by the energy giant after its historical $29.4 billion initial public offering and listing on the Saudi Tadawul market last December.

Aramco posted net profits of $88.2 billion last year compared to $111.1 billion in 2018, Monday's statement said.

"The decrease was primarily due to lower crude oil prices and production volumes, coupled with declining refining and chemical margins," it said.

The company also made $1.6 billion of impairment provisions for losses associated with Sadara Chemical Company, an Aramco subsidiary.

"2019 was an exceptional year for Saudi Aramco. Through a variety of circumstances -- some planned and some not -- the world was offered unprecedented insight into Saudi Aramco's agility and resilience," CEO Amin Nasser said.

"Our unique scale, low costs, and resilience came together to deliver both growth and world-leading returns, while also maintaining our position as one of the world's most reliable energy companies," Nasser said.

The earnings for last year are not affected by the coronavirus outbreak or the ongoing price war between Saudi Arabia and Russia that has sent oil prices crashing.

Aramco said it will distribute dividends worth $73.2 billion for 2019 but based on its commitments under the IPO, its dividends for the next five years starting this year will be at least $75 billion.

It said its capital spending last year dropped to $32.8 billion from $35.1 billion in 2018.

The company expects capital spending, which is expenditure on projects, to be between $25 billion and $30 billion this year "in light of current market conditions and recent commodity price volatility."

But it said that capital expenditure for 2021 and beyond is currently under review.

The results were announced amid a price war between Saudi Arabia and Russia after they failed to agree on additional output cuts to support prices dented by the outbreak of the coronavirus pandemic.

"The recent COVID-19 outbreak and its rapid spread illustrate the importance of agility and adaptability in an ever-changing global landscape," Nasser said.

The kingdom said last week Aramco will pump 12.3 million barrels of oil per day, boosting output by at least 2.5 million bpd.

It also announced plans to raise production capacity from 12 million bpd to 13 million bpd.

Forecasts for future crude prices and demand are also bleak.

In its latest monthly report, the Organization of Petroleum Exporting Countries lowered its forecast for global average daily demand by 0.92 million barrels to 99.73 million barrels.

Saudi Arabia is also in the midst of a royal purge that saw King Salman's brother and nephew detained after sources said they were accused of plotting a palace coup to unseat the crown prince, heir to the Saudi throne.

Aramco shares rallied immediately after the listing on December 11, rising by 19 percent to 38 riyals ($10.1) and temporarily lifting the company's valuation above the $2 trillion mark, which was sought by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler.

But as oil prices tumble, Aramco shares have lost 29 percent from its highest point, slipping below the listing price.

On Thursday, Aramco's market value dropped to around $1.55 trillion, but it still remains the world's largest publicly listed company.

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