Support for Palestinian refugees religious duty, says Riyadh

November 15, 2016

Riyadh, Nov 16: The Cabinet, chaired by Custodian of the Two Holy Mosques King Salman at Al-Yamamah Palace, on Monday reaffirmed Saudi Arabia’s continued support for Palestinian refugees out of the Kingdom’s belief that it is a religious and humanitarian duty.

RiyadhThe Cabinet reviewed a number of issues and the latest developments at regional and international levels, including Saudi Arabia’s affirmation at the UN of its continued support for Palestinian refugees and for the UN Relief and Works Agency for Palestine Refugees (UNRWA) to achieve their humanitarian objectives.

The Cabinet reiterated that Saudi Arabia will continue to provide care to more than five million Palestinians; the Kingdom tops the list of main donors to their cause.

The Cabinet also discussed the speech delivered at the UN by the Kingdom’s representative on behalf of the Arab group on Article 50 on the report of the Special Committee to Investigate Israeli practices affecting the human rights of the Palestinian people, during which it expressed its deep concern about the escalation of violence, acts of provocation and aggression by Israeli occupation forces and terrorist settlers against Palestinians.

The Cabinet deplored Israel’s persistence in challenging UN resolutions, and reiterated that the Kingdom welcomes the French initiative calling for an international peace conference, according to the terms of reference of the peace process, particularly the Arab Peace Initiative.

The Cabinet also expressed appreciation for the measures taken by the first meeting of the Commission of Economic and Development Affairs of the Gulf Cooperation Council (GCC), established upon the directive by King Salman with the aim of enhancing joint Gulf action.

Acting Minister of Culture and Information Dr. Essam bin Saad bin Saeed said that the Cabinet fully supports the view of Deputy Crown Prince Mohammed bin Salman, second deputy premier, minister of defense and chairman of the Council of Economic and Development Affairs, that the GCC countries should unite to become a strong bloc. The Cabinet endorsed the views of the deputy crown prince, who said that the GCC has the opportunity to be the sixth biggest economy in the world if its members work properly in the coming years and take advantage of opportunities in this era of economic fluctuations.

The Cabinet commended the Council of Economic Development Affairs for having decided, during its meeting, to have the public treasury settle the debts owed to the private sector before the end of the current fiscal year.

The King briefed the Cabinet on the phone call he made to US President-elect Donald Trump upon winning the presidential election, during which he said that the Kingdom is looking forward to enhancing historical and strategic relations with the US and working together to achieve peace and stability in the Middle East and the world.

He also briefed the Cabinet about his talks with US Chairman of the Joint Chiefs of Staff Gen. Joseph Dunford, with whom he discussed bilateral cooperation and recent developments in the region.

Earlier, at the start of the meeting, the members of Cabinet presented condolences to King Salman and the royal family on the death of Prince Turki bin Abdulaziz. The king thanked and expressed appreciation to the leaders, envoys, princes, scholars, senior officials and citizens who offered their condolences.

The Cabinet also condemned the attacks that targeted the French Embassy in Athens, the German Consulate in Mazar-e-Sharif in Afghanistan and the bombing in the Hab area of Balochistan, Pakistan.

It approved an agreement between the Kingdom and Gabon doing away with double taxation on income and preventing tax evasion, agreements of cooperation between the Kingdom, and Mexico and Mozambique, and an agreement on the recruitment of domestic helpers from Bangladesh.

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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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Agencies
June 9,2020

Dubai, Jun 9: Dubai's Emirates airline has begun laying off employees to reduce cost and save cash as the carrier looks to rightsize its workforce.

"We at Emirates have been doing everything possible to retain the talented people that make up our workforce for as long as we can. However, given the significant impact that the pandemic has had on our business, we simply cannot sustain excess resources and have to rightsize our workforce in line with our reduced operations. After reviewing all scenarios and options, we deeply regret that we have to let some of our people go," the spokesperson said in the statement.

Citing sources, Reuters and Bloomberg earlier reported that a majority of those being made redundant are cabin crew workers as well as a minority of its engineers and pilots, including those flew the Airbus A380.

"This was a very difficult decision and not one that we took lightly. The company is doing everything possible to protect the workforce wherever we can. Where we are forced to take tough decisions we will treat people with fairness and respect. We will work with impacted employees to provide them with all possible support," said the statement.

The spokesperson, however, didn't disclose how many employees are being made redundant in this latest round of rightsizing the workforce.

Emirates on Sunday confirmed that it extended the period of reduced pay for its staff for another three months till September. It had previously reduced basic wages by 25 to 50 per cent for three months from April, with junior employees exempted.

The airline had employed around 60,000 people at the end of its 2019-20 financial year.

Saj Ahmad, chief analyst at StrategicAero Research, said the announced job cuts at Emirates will likely not be the last given the unprecedented damage that Covid-19 has had not just on air travel, but on the entire aviation industry as a whole.

"Emirates' massive international network means that job reductions were always a last resort option as the company staves off cash burn and expenses at a time when revenues are dried up. While Emirates SkyCargo is enjoying a resurgence in activities, the reality is that this income will never offset the lost money from passenger operations," he added.

"Whilst some salary reduction schemes have prevented bigger job cuts for now, the absence of a cure or medicinal suppressant of Covid-19 means that air travel is unlikely to even reach pre-9/11 levels within 3-5 years, let alone pre-Covid-19 levels in that same time period. For that reason, Emirates' reduction in headcount is necessary to stay competitive, agile and be ready for when air travel can resume with a degree of normalcy that we have been accustomed to for decades," said Ahmad.

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KT
May 18,2020

May 18: As the UAE authorities have asked all residents to avoid gatherings, it is clear that - for the first time - it's going to be a #StayHome Eid. But experts say that although it will be different, the celebration will be just as meaningful.

It is important to remember that the Eid prayer can be performed at home either individually or with family members under the sane roof, said Dr Mohammed Eyada Ayoub Alkobaisi, a Grand Mufti with the Islamic Affairs and Charitable Activities Department in Dubai.

Dr Alkobaisi said this prayer is a highly recommended Sunnah or practice urged by the Prophet Muhammad (Peace be upon him).

"Eid Prayer must be performed openly, unless we are prevented for an acceptable reason, such as fear for self, wellbeing, property, etc." Under the current circumstances, prayers can be offered from home, he said.

But what the faithful will likely miss is listening to the khutbah or the sermon of Eid with a crowd. The sight of people pouring out into the streets and coming together for prayer and worship would not be unfolding this time.

Dr Sheikh Mohamed Ashmawy, an Islamic researcher, said that in this time of Covid, doing away with several Eid traditions would be necessary for everyone's safety.

"The ban is is line with the ongoing preventive measures to curb the spread of Covid-19," he said.

However, it doesn't mean people can't celebrate and exchange heartfelt greetings, he added.

"We can greet each other remotely on the phone or via social media networks."

Islamic researcher Sheikh Mohamed Wasfi said audio-visual smart apps have made communication much easier, even bringing people closer than before.

"Of course, families and friends wish to hug, shake hands and see each other personally, but this will be a big risk these days," he said.

Sheikh Asadullah Del Mohamed, an imam, reminded that banquets, parties and visits are discouraged to avoid crowds and gathering.

Recently, 30 people from two families tested positive for the virus after breaking social distancing rules and holding a gathering.

Faithful's sentiments

Ibrahim Abdelkader, an Egyptian auditor, said that while it would be sad to spend Eid Al Fitr at home, he understood that it is for everyone's safety.

"Better to stay home than be sorry," said Ahmad Jamil, a Syrian resident.

Rashid Saeed, an Emirati national, said people are advised to just check on each other by phone or video and voice call apps.

"While Eid prayers is banned in congregation, it's not acceptable at all for some people to carelessly gather and exchange visits," he said.

Abdullah Al Saleh, an Emirati national, said he and all his relatives used to gather for breakfast after the Eid prayer - but this time, they are ready to do it in their own homes.

Mohamed Ibrahim, another Emirati, said he would surely miss seeing his kids happily prancing around with their new clothes and enjoying the outdoors like every year.

"But, I agree as it is for their health, safety and wellbeing," he said.

THINGS TO REMEMBER IN CELEBRATING EID THIS YEAR

>Perform the Eid prayer at home, individually or with family members living with you

>Exchange greetings with loved ones and friends via phone calls or online

>No hugs

>No handshakes

>No gatherings

>No visits to other homes

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