US launches airstrikes near Irbil, Mosul Dam

August 17, 2014

US airstrikesBaghdad, August 17: Kurdish forces backed by U.S. airstrikes on Saturday were attempting to regain control of the strategic Mosul Dam from insurgents in northern Iraq.

Islamic State militants meanwhile killed around 100 Yazidi men near the northern Iraqi town of Sinjar, after they refused to convert to Islam. The men were killed on Friday, while women and children were detained and taken to an unknown place, surviving residents told dpa.

The United States launched airstrikes with jets and drones against Islamic State targets in northern Iraq, striking targets near the Mosul Dam and the city of Irbil, the U.S. military said.

“U.S. Central Command conducted these strikes under authority to support humanitarian efforts in Iraq, as well as to protect U.S. personnel and facilities,” it said in a statement.

Nine airstrikes destroyed or damaged four armoured personnel carriers, seven armed vehicles, two Humvees and an armoured vehicle, the U.S. military said.

At least 20 militants were killed and 11 wounded in U.S. strikes in the vicinity of the Islamic State-held Mosul Dam, the Kurdish military said.

U.S. warplanes mounted a series of strikes against gatherings of insurgents along the facility, they said.

The Islamic State seized the Mosul Dam earlier this month. It is located on the River Tigris, which also runs through Baghdad.

In recent weeks, the militants have overrun several towns in northern Iraq, where minority Christians and Yazidis live, triggering an exodus. Others have been besieged in their towns and ordered to convert or face death, witnesses said.

The militants consider the Yazidis, followers of a religion with pre-Islamic origins, to be infidels.

German Foreign Minister Frank-Walter Steinmeier on Saturday assured displaced Yazidis of additional humanitarian assistance.

“We need to create a situation where [the Islamic State] can no longer draw support from the Iraqi population,” he said. He was speaking during a tour of a refugee camp sheltering Yazidis in Irbil, the capital of Iraq’s autonomous region of Kurdistan. Mr. Steinmeier had earlier on Saturday met with Iraqi President Fouad Massoum, a day after European ministers agreed to arm Iraq’s Kurdish forces battling the jihadists.

“The daily images from Iraq of killings and massacres have led to shock and horror across the world,” Mr. Steinmeier said after arriving in Baghdad.

“A terrorist gang of murderers is trying to subdue the country,” he said, referring to the al-Qaeda splinter group that has captured vast chunks of northern and western Iraq since June.

France was the first Western European country to announce that it would join the U.S. in arming Kurdish forces in northern Iraq against the militants.

With the regular Iraqi Army in disarray, the Kurdish forces are widely seen as the best hope of halting the militants, who have in recent weeks widened their control without encountering much of a fight.

On Friday, the U.N. Security Council adopted a resolution condemning radical Islamists operating in Iraq and Syria, and threatened to act against any parties that finance or assist them.

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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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News Network
June 23,2020

Riyadh, Jun 23: Authorities in Saudi Arabia have decided to allow a limited number of citizens and residents who are already in the Kingdom to do this year’s Haj.

In a statement on Monday, the Ministry of Haj and Umrah said that in light of the continuation of the coronavirus pandemic and the risks of infections spreading in crowded spaces and large gatherings, it has been decided that Haj for this year (1441 H/ 2020 AD) will be held whereby a very limited number of pilgrims from various nationalities who already reside in Saudi Arabia, would be able to perform it.

“The decision was taken to ensure Haj is performed in a safe manner from a public health perspective while observing all preventative measures and the necessary social distancing protocols to protect human beings from the risks associated with this pandemic and in accordance with the teachings of Islam in preserving the lives of human beings, the statement added.

“The government of the Custodian of the Two Holy Mosques is honored to serve millions of Haj and Umrah pilgrims annually and it confirms that this decision stems from the top priority it accords maintaining the safety of pilgrims on its land until they depart to their home countries.”

“We ask Allah the Almighty to protect all countries from this pandemic and keep all humans protected and safe, the statement said.

Saudi Arabia’s top priority is to always enable Muslim pilgrims to perform Haj and Umrah rites safely and securely and the Kingdom has been keen since the beginning of the pandemic to take all necessary precautionary measures to protect pilgrims, including by suspending the entry of Umrah pilgrims while ensuring the safety of the pilgrims already present at the holy sites, the statement further added.

Commenting on the Haj decision, the Saudi Human Rights Commission said that Saudi Arabia believes in the universal right to health. Limiting Haj not only protects the Kingdom but also many pilgrims and the communities they call home around the world.

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Agencies
June 18,2020

Riyadh, Jun 18: Minister of Tourism Ahmed Al-Khateeb said that Saudi Arabia will resume tourist activities at the end of Shawwal (June 21) after a hiatus of more than three months due to lockdown measures imposed following the outbreak of coronavirus pandemic.

The minister made the remarks during a television interview after chairing the emergency meeting of the Arab Ministerial Council for Tourism on Wednesday. He said that the current indications are positive and that the Kingdom is ready to launch the summer program, which will be a boost for domestic tourism.

“It was revealed in a research study carried out by the Tourism Authority that 80 percent of Saudi citizens want to take advantage of domestic tourism. We will launch the domestic tourism program for the public after having made necessary coordination with the Ministry of Health and the concerned higher authorities,” he said.

Several Arab tourism ministers and officials of the relevant organizations attended the meeting, which discussed the challenges that the region’s tourism sector is facing due to the pandemic. Al-Khateeb pointed out that the Arab Ministerial Council for Tourism, headed by Saudi Arabia, held the virtual session in exceptional circumstances to discuss ways to get out of this pandemic and revitalize the tourism sector.

“Saudi Arabia has initiated a package of financial stimulus activities with a total value of more than $61 billion to protect jobs and businesses and reduce the economic burden of the crisis. The domestic tourism sector has benefited from it as one of the important economic sectors, as it covered 60 percent of salaries of Saudi employees in the private sector for a period of three months,” he added.

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