Sushma Swaraj meets Saudi King, inaugurates Janadriyah festival

Agencies
February 8, 2018

Riyadh, Feb 8: External Affairs Minister Sushma Swaraj today met Saudi King Salman bin Abdulaziz who inaugurated the prestigious National Heritage and Culture Festival Janadriyah at which India is the guest of honour country.

King Salman in the presence of Swaraj inaugurated the festival which exhibits Saudi Arabias rich tapestry of culture and heritage and is organised by the National Guard.

Speaking at the inaugural function, Swaraj thanked Saudi Arabia for according the Guest of Honour status to India at the Janadriyah festival, an official statement said.

She recalled the landmark visit of Prime Minister Narendra Modi to Saudi Arabia in April 2016 which gave strong impetus to the bilateral partnership, it said.

Swaraj added that the festival provides an opportunity to showcase and further build upon this relationship, the statement said.

"Indias participation at the Janadriyah Festival provides an opportunity to showcase our strong bilateral relationship: EAM @SushmaSwaraj,", Ministry of External Affairs spokesperson Raveesh Kumar tweeted.

Showcasing the core values and traditions of India, the India Pavilion mounted on the occasion is based on the theme "Saudi ka Dost Bharat", the official statement said.

"EAM @SushmaSwaraj receives His Majesty King Salman at the India Pavilion showcasing the traditional and modern aspects of India! The Pavilion with the theme Saudi ka dost Bharat is a big draw at Janadriyah," Kumar said in another tweet.

Swaraj, who arrived here yesterday on her maiden visit to Saudi Arabia, called on King Salman here.

They discussed steps to further intensify the bilateral strategic partnership in all sectors and to work towards each others progress.

"Steps to further intensify our strategic partnership in all sectors and to work together towards each others progress came up during warm discussion," Kumar tweeted.

Earlier, Swaraj met her Saudi counterpart Adel al-Jubeir and discussed ways to enhance bilateral trade, energy, defence and security ties.

Kumar said the discussions between the two leaders focused on enhancing trade and investment, energy, defence and security, culture and people-to-people ties.

The two leaders also discussed the regional and global situation, Kumar said.

Swaraj reaffirmed Indias support to peace in the region and called for collective efforts in fighting the menace of terrorism, the statement said.

She called for taking the strategic partnership to a higher level and in a variety of sectors, it said.

Swaraj said that Indias flagship programmes including Make in India and Digital India complement well with Vision 2030 launched by Saudi Arabia and invited Saudi investments in India, it added.

A welcome sign in Hindi appreciating Indias rich cultural heritage was placed at the Foreign Ministry building where Adel Jubeir hosted a lunch in honour of Swaraj.

Last evening, Swaraj addressed Indian community members at a reception here and spoke in length about the growing relations between the two countries, Kumar said.

Swaraj thanked the Indian community for the goodwill it has earned for the country and lauded the Indian embassy for its promptness.

Saudi Arabia is home to more than 3 million Indian people and ties between the two countries are on an upswing in the last few years especially after the landmark visit of Prime Minister Narendra Modi to the Gulf Kingdom in April 2016.

Saudi Arabia is Indias fourth largest trade partner after China, the US and the UAE. The country is a major source of Indias energy requirement as it accounts for almost one- fifth of Indias crude oil requirement.

The volume of bilateral trade during 2016-17 was recorded at USD 25.079 billion, a slight decrease from the USD 26.71 billion in 2015-16.

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News Network
May 3,2020

Jeddah, May 3: Saudis and expats who spread rumors on social media could be jailed for up to five years and fined SR3 million ($800,000) under measures to counter false information regarding the coronavirus pandemic.

The move follows warnings by Saudi Arabia’s Ministry of Health, Ministry of Interior, General Presidency of the Two Holy Mosques and other government entities that people should rely on trusted news sources and not third parties for information on the Kingdom’s handling of the COVID-19 outbreak.

The Saudi Public Prosecutor warned that legal action will be taken against individuals who spread misinformation and rumors.

On Saturday, media spokesman for the Riyadh region police, Col. Shakir Al-Tuwaijri, highlighted a video circulating on social media in which a person spreads rumors about steps taken to curb the spread of the coronavirus.

Other false claims include a planned change in curfew hours, warnings of food shortages, and a suggestion that health authorities are deliberately concealing the number of cases in the Kingdom.

In a recent case, a Riyadh resident claimed to know when worshippers will be allowed to return to the Grand Mosque.

All suspects have been arrested and face legal action, police said.

Dimah Al-Sharif, a Saudi legal counsel and member of the International Association of Lawyers, urged people to be responsible regarding content they access on social media.

“Receivers should not save such content or share it with others, and should delete it if possible since they, too, will be liable,” she said.

“Under Saudi laws to counter cyber-crime, we are not allowed to produce, prepare, send or save any unauthorized content or rumors.”

Individuals who breach regulations can be jailed for up to five years and face fines of SR3 million, as well as confiscation of the device(s) used in the crime, she said.

In addition, the judicial ruling will be published in newspapers at the offender’s expense.

The Kingdom’s Public Prosecution Office took to social media to warn users about the consequences of spreading rumors and misinformation.

@bip_ksa tweeted: “Receiving information from its official sources is a moral obligation and commitment, and legal responsibility. Do not fall victim to malicious rumors and news from anonymous sources that violate the procedures and effort, and cause terror regarding the Coronavirus, in order to avoid strict criminal accountability in this regard.”

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News Network
February 24,2020

Dubai, Feb 24: Kuwait and Bahrain confirmed on Monday their first novel coronavirus cases, the countries' health ministries announced, adding all had come from Iran.

Kuwait reported three infections and Bahrain one in citizens who had returned home from the Islamic republic.

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News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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