Syrian regime’s shelling kills 6 civilians; Assad appears at mosque near capital

Agencies
June 16, 2018

Beirut, Jun 16: : Syrian regime shelling on an opposition-held southern region has killed at least six civilians, hours after US warning not to jeopardize talks on the area's fate, a monitoring group said Friday.

The Syrian Observatory for Human Rights said the casualties, who included two children, were killed in shelling on two villages in the north of Daraa province.

The Britain-based monitor, which relies on a large network of sources inside Syria, said the shelling came from army positions that had recently received reinforcements.

The US State Department had on Thursday warned Damascus against any military action that could scupper ongoing talks aimed at finding a settlement for the complex southern front.

“We reiterate that any Syrian government military actions against the southwest de-escalation zone risk broadening the conflict,” spokeswoman Heather Nauert said in a statement.

“We affirm again that the United States will take firm and appropriate measures in response to Syrian government violations in this area.”

The United States, Russia and Jordan agreed to a de-escalation deal in the southern province, and negotiations are continuing in a bid to reach a deal that would remove the need for a government offensive.

The Observatory said Friday's shelling had caused the highest civilian toll since the de-escalation deal, reached almost a year ago.

The region borders Jordan and the Israeli-annexed Golan Heights.

Rebel groups, who still control about two thirds of Daraa, have so far refused to negotiate with the Syrian regime.

In an interview with Iran's Al-Alam television channel earlier this week, Syrian President Bashar Assad said contacts were ongoing between Russia, the US and Israel over the southern front.

“We are giving the political talks a chance, but if they fail, there will be no choice but liberation by force,” he said.

The regime wants rebels to withdraw from the area either by force or under a deal.

Also at stake in the current talks are the future of a US military base in southeastern Syria and the presence of Iranian and allied forces in southern parts of Syria near the border with Israel.

Meanwhile, Assad attended a mosque in the country's west on Friday for prayers marking the end of Ramadan, in a rare appearance outside Damascus, images on his social media showed.

“President Assad performs the Eid Al-Fitr prayer at the Sayyida Khadija Mosque in the city of Tartus,” a caption read.

In one picture, he was seen praying alongside the country's top Muslim cleric and its Islamic endowments minister.

Another image showed him surrounded by dozens of worshippers who appeared to be offering him Eid greetings.

Assad has rarely appeared in public outside Damascus since Syria's conflict broke out more than six years ago.

The coastal city of Tartus is the site of a naval base belonging to Assad's key backer Russia, which has helped his forces retake swathes of opposition-held territory.

Like neighboring Latakia province, from which Assad's clan hails, Tartus is a stronghold of his Alawite sect.

The region has largely escaped the destruction that has blighted other areas of Syria but it has suffered a heavy human toll from military service in the conflict that has killed 350,000 people since 2011.

Russian and Iranian-backed regime forces now control around 60 percent of Syrian territory.

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Khaleej Times
June 7,2020

Dubai, Jun 7: Emirates airline on Sunday confirmed that it extended the period of reduced pay for its staff for another three months as airlines around the world struggle to preserve cash due to the grounding of fleets.

An e-mail has been sent across to Emirates employees about extending the wage cuts till September 30. In some cases, the salary will be reduced by 50 per cent.

Emirates had previously reduced basic wages by 25 to 50 per cent for three months from April, with junior employees exempted.

The Dubai-based world's largest international carrier employs around 60,000 people across its spectrum. While the parent Emirates Group employs over 100,000 workers.

On Thursday, Abu Dhabi-based Etihad Airways confirmed to Khaleej Times that it also extended salary cut of its employees till September 2020.

"Regretfully, Etihad has extended its salary reduction until September 2020, with 25 per cent reduction for junior staff and cabin crew, and 50 per cent for employees at manager level and above. Housing allowance and a number of benefits continue to be paid," the airline's spokesperson said in a statement last week.

In March, Etihad had announced temporary reduction of basic salaries for the month of April to all staff, including executives, between 25 to 50 per cent.

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Agencies
February 16,2020

Al-Jawf, Feb 16: At least 31 people were killed and 12 others were injured here in the al-Maslub district in airstrikes by the Saudi-UAE-led military coalition on Saturday.

"Preliminary field reports indicate that as many as 31 civilians were killed and 12 others injured in strikes that hit al-Hayjah area of the al-Maslub district in al-Jawf governorate," said a statement from the office of the UN resident coordinator and humanitarian coordinator for Yemen.

According to Al Jazeera, the airstrike was conducted hours after the Yemeni Houthis said that they downed a Saudi fighter jet in the same region.

Commenting on the air raids, Lise Grande, the UN's humanitarian coordinator for Yemen, said: "We share our deep condolences with the families of those killed and we pray for the speedy recovery of everyone who has been injured in these terrible strikes."

"So many people are being killed in Yemen - it's a tragedy and it's unjustified. Under international humanitarian law, parties that resort to force is obligated to protect civilians," Grande was quoted as saying.

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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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