Scholars, KSA’s allies blast Saihat violence

October 18, 2015

Riyadh, Oct 18: Prominent religious scholars, regional allies and world leaders have condemned the terrorist attack on a Shiite gathering in the eastern city of Saihat that killed five people.

saudiGrand Mufti Abdul Aziz Al-Asheikh condemned the attack in Saihat, describing Daesh’s acts and actions as being against the basic tenets of Islam.

In a press statement, GCC Secretary General Abdullatif Al-Zayani described the incident as a “terrible crime” that runs counter to all moral and humanitarian values.

He affirmed GCC countries’ support for Saudi Arabia in measures taken to maintain the safety and security of its citizens and residents on its soil.

He expressed his trust in the efficiency of Saudi Arabia’s security apparatuses in uncovering the circumstances of this “cowardly and terrorist” act and bringing terrorists and their supporters to justice.

Al-Zayani offered his condolences to the Saudi government and the families of victims, hoping the injured a speedy recovery.

In a statement carried by the Bahraini News Agency (BNA), Manama expressed its “sincere condolences” to Saudi Arabia and emphasized its firm stance and solidarity with the Kingdom “in all its actions to maintain its security and stability.”

US Ambassador Joseph Westphal said in a statement: “The despicable attack in Saihat is a reminder of the scourge of terrorism which we and the Kingdom of Saudi Arabia face together. I express my condolences to the families of those who were killed and my wishes for a rapid recovery of those who were wounded.”

In his remarks on Saturday, the grand mufti also said: “Daesh, the enemy of Islam, has unleashed a reign of terror in the Middle East including the Gulf states, killing thousands of innocent people.”

Al-Asheikh called on all Islamic scholars, institutions, media organizations and civil societies “to stand against terrorism,” while referring to the heinous cowardly crime committed by the gunman in Saihat Friday night.

The grand mufti named Daesh as an enemy of Islam, and said that “the reality is that they are shedding Muslim blood, maligning our name and destroying Islam.”

“Daesh cadres are deviants,” he said during prayers earlier at the Imam Turki bin Abdullah Mosque in Riyadh.

“They are neither an Islamic state nor mujahedeen or Islamic mercenaries. Their faith is falsehood ... their reality is bloodshed and looting,” said Al-Asheikh.

Jordan said it stands firmly with Saudi Arabia and supports all the measures it is undertaking to fight lawlessness.

“Jordan also extends condolences to Kingdom’s government, Saudi people and families of the victims,” the spokesman said.

Condemning the cowardly act committed in Saihat, Saleh Al-Wohaiby, secretary-general of the Riyadh-based World Assembly of Muslim Youth (WAMY), said: “Daesh has been manipulating and misinterpreting the teachings of Islam to further its violent agenda.”

Terror organizations like Daesh are exploiting the power of the Web and the Internet, including social media to create a terrorist threat across the world, he said.

“The terrorists associated with Daesh use messaging and social media services such as Twitter, Facebook and WhatsApp besides other applications,” said WAMY chief.

They have been using media and social media tools to recruit innocent young people for their terror network, which has as its sole agenda to destroy the social fabric, destabilize peaceful countries and eventually to shed blood of human beings.

Referring to the bloodshed and the unrest created by Daesh in the Kingdom and the whole Middle East at large, Sheikh Basel A. Harbi, chief of Rawda Islamic Propagation Center, said that a number of young people have been lured to join the network.

“They are aiming to create problems and spread terrorism in Saudi Arabia, and they wish to create chaos in the country and its neighborhood,” said Harbi, while referring to the growing Daesh presence on social media despite best efforts to block them.

According to a report, efforts are being made by government agencies including NGOs to block terror sites.

Activists on Twitter in Saudi Arabia recently launched an organized campaign to close down all accounts that are accused of promoting Daesh-related ideologies.

The campaign, which included prominent Saudi personalities, was recently able to close down about 300 accounts belonging to Daesh and its supporters.

There are hundreds of thousands of messages being put out every month onto Internet platforms to recruit young minds. Saudi Arabia has so far arrested more than 431 people suspected of belonging to Daesh cells.

These arrests foiled several suicide attacks on public places including mosques, security forces offices and diplomatic missions, the report, quoting the Interior Ministry, said. The report said most of the arrested suspects were Saudi nationals, but also included other nationals from African and Asian countries.

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Khaleej Times
May 27,2020

Dubai, May 27: As the authorities have taken steps to ease the Covid-19 restrictions to allow the people of Dubai to resume sporting activities from Wednesday, May 27, the Dubai Sports Council has answered your key questions.

Q&A

What are the age groups allowed to practice sports during this period?

From 12 years old to 60 years old.

Is it required to do the Coronavirus (Covid 19) medical test certificate before resuming physical activity?

Returning to the activity does not require a Coronavirus (Covid 19) test certificate.

Is it allowed for the elderly with chronic diseases to return to sports activities in fitness and yoga centers?

No, it is not allowed.

Is it allowed to use the shower cabins and bathrooms in fitness and yoga centers?

Shower cabins, saunas and jacuzzis are not allowed, while bathrooms are allowed, with sterilisation being emphasised after each use.

What sports can resume its activities?

All sports except water sports/swimming and that are practiced indoors and swimming pools.

What is the approved operational percentage within the sports facility?

A maximum 50% capacity

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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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coastaldigest.com news network
June 29,2020

Dubai, Jun 29: Saeed bin Ahmed Al Lootah, a pioneering Emirati businessman and the founder of the world's first Islamic bank, is no more. He breathed his last on June 28.

Born in 1923, Saeed was instrumental in setting up the Dubai Islamic Bank (DIB) in 1975 to provide the community with a Sharia-compliant alternative to conventional banking.

He established several companies, organisations and societies, including the Dubai Consumer Cooperative. He also established the Islamic Education School in 1983 and the Dubai Medical College for Girls in 1986.

In 1992, Haj Saeed established the first College of Pharmacology in Dubai. Later he launched the Dubai Centre for Environmental Research, the Dubai Specialised Medical Centre, and the Medical Research Labs for health control and research into medicinal herbs and Islamic (Nabawi) medicine. He also set up an orphanage.

Saeed bin Ahmed Al Lootah was a self-made businessman who progressed from being a seafarer and trader to an accomplished tutor, author, economist, banker, entrepreneur, businessman and visionary community leader.

According to details available on the S.S. Lootah Group website, his "fervent adherence to the core values of education, cooperation and economy" helped empower "people to excel at everything they do".

"He realised the need to build permanent houses and ventured into construction. His 'capital' at that time were his skills, knowledge and hard work," the website said.

He laid the foundation of S.S.Lootah Contracting Company as a joint venture with his brother Sultan in 1956. "With the enduring values of education, cooperation and economy set as the foundations of his work, Haj Saeed started a number of businesses as well as not-for-profit education and research ventures, with an aim to serve the people of the UAE.

"Thanks to his vision and leadership, our home grown ventures continue to demonstrate unique values that extend well beyond its functional benefits - creating greater economic, social and environmental benefits for people in UAE and beyond."

Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, took to Twitter on Sunday to offer his respects.

Sheikh Mohammed said: "He was a trader who started with nothing. His touch is visible in several aspects of the Dubai economy."

Calling the deceased a "wise and smart man", Sheikh Mohammed said: "May Allah bless his soul and grant his family the strength to endure and persevere."

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, also paid his respects. "He combined economic leadership with charitable work. He launched charitable educational institutions and sponsored many orphans. His memory will live on. May Allah have mercy on him and grant his family patience."

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