Clashes across Syria ahead of Annan’s UN briefing

April 2, 2012

sirya


Beirut, April 2: Syrian government troops clashed with rebel forces across the country Monday as international envoy Kofi Annan prepared to brief the U.N. Security Council on the progress of his mission to ease the nation’s crisis.

A new flurry of high-level diplomacy has failed to stop the violence in a year-old conflict that the U.N. says has killed more than 9,000 people.

On Monday, more than 70 countries, including the United States, pledged to send millions of dollars and communications equipment to opposition groups inside Syria, signaling a growing belief that diplomacy and sanctions alone will not end the repression and push Syrian President Bashar Assad from power.

Participants at an international diplomatic conference in Istanbul on Sunday said Saudi Arabia and other Gulf countries are creating a fund to pay Syrian rebels fighters known as the Free Syrian Army and soldiers who defect from the regime. One delegate described the fund as a “pot of gold” to undermine Assad’s army.

Participants confirmed the Gulf plan on condition of anonymity because details were still being worked out. One said the fund would involve several million dollars a month. It is said to be earmarked for salaries, but it was not clear whether there would be any effort to prevent the money from being used to buy arms, an issue that could prompt stronger accusations of military meddling.

Anti-regime activists inside Syria welcomed the news, while worrying that the aid would be too little, too late.

“This is what we have been asking for, but if they had decided to do this months ago, we could have avoided a large number of martyrs,” said Fadi al-Yassin from the northern province of Idlib. “We know that there is no way to topple the regime without force.”

As the joint U.N.-Arab League envoy, Annan has been pushing a six-point plan to end the country’s crisis that includes an immediate daily two-hour halt to fighting so aid can reach suffering civilians. It also calls for an overall cease-fire so all parties can discuss a political solution.

Annan is scheduled to brief the U.N. Security Council in New York on his progress Monday.

The Syrian government has said it accepts his plan while rejecting some of the steps it requires, like withdrawing its troops from towns and cities. Its attacks on opposition areas have continued unabated.

The opposition has also rejected dialogue with the regime, saying it has killed too many people to be part of a solution to the crisis.

While international condemnation of Assad’s crackdown has grown, Russia and China have stood by Assad, twice protecting his regime from censure by the U.N. Security Council. Neither country accepted invitations to Sunday’s conference, dubbed “Friends of the Syrian People.”

On Monday, Russian Foreign Ministry spokeswoman Maria Zakharova criticized the meeting for not including the Syrian government and “many influential groups of Syrian opposition.”

In a statement, she said Annan’s plan — which does not call specifically for Assad to leave office — is the best way to settle the conflict and criticized the moves to help rebel forces.

“The statements and assurances about direct military and logistical support of the military opposition that have been made in Istanbul undoubtedly contradict the task of peaceful settlement of the Syrian conflict,” she said.

Syria also blasted the conference, saying in an editorial in the state-run al-Baath newspaper that the conference sought to “blow up and derail” Annan’s mission.

Violence continued in Syria Monday.

The Britain-based Syrian Observatory for Human Rights said three civilians, five rebels and one government soldier were killed in clashes in the northern Idlib province.

In the northern city of Aleppo, explosives stashed in a kiosk blew up, killing one person, the group said, while rebels in the south killed two soldiers at a checkpoint.

Government forces stormed the southern town of Dael, raiding activist homes and setting some on fire, the Observatory said. Another group, the Local Coordination Committees, said more than 20 homes had been damaged.

Residents could not be reached for comment and activists’ claims could not be independently verified. The Syrian government rarely comments on specific incidents and bars most media from working inside the country.

Syria’s uprising began in March 2011 as part of the Arab Spring with peaceful protests calling for political reforms. Assad’s regime sent tanks, snipers and thugs to try to quash the revolt, and many in the opposition have taken up arms to defend themselves and attack government troops.


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Agencies
January 4,2020

Dubai, Jan 4: Three UAE airlines have made it to lists of the safest carriers in 2020, reinforcing the value these companies provide passengers in the increasingly competitive aviation scene.

Abu Dhabi's Etihad Airways and Dubai's Emirates are in the list of the top 20 safest airlines, while Sharjah-based Air Arabia is in the list of the top 10 low-cost carriers, safety and product rating website AirlineRatings.com reported on Thursday.

It named Qantas as the safest airline for 2020 out of the 405 carriers it monitors.

The top 20, in order, are Qantas, Air New Zealand, EVA Air, Etihad Airways, Singapore Airlines, Emirates, Alaska Airlines, Qatar Airways, Cathay Pacific Airways, Virgin Australia, Hawaiian Airlines, Virgin Atlantic Airlines, TAP Portugal, SAS, Royal Jordanian, Swiss, Finnair, Lufthansa, Aer Lingus and KLM.

"These airlines are clear standouts in the airline industry and are at the forefront of safety," said AirlineRatings.com editor-in-chief Geoffrey Thomas.

"For instance, Australia's Qantas has been recognised by the British Advertising Standards Association in a test case in 2008 as the world's most experienced airline."

"Qantas has been the lead airline in virtually every major operational safety advancement over the past 60 years and has not had a fatality in the pure-jet era," said Thomas.

AirlineRatings.com editors also identified their top 10 safest low-cost airlines; they are, in alphabetical order, Air Arabia, Flybe, Frontier, HK Express, IndiGo, Jetblue, Volaris, Vueling, Westjet and Wizz.

Saj Ahmad, chief analyst at StrategicAero Research in London, says that it isn't a surprise that UAE carriers are on those lists.

"UAE airlines almost always feature in the top rankings for safety because they value the equipment that they fly their passengers on each and every day," he told Khaleej Times on Thursday.

"All airlines do; but for the UAE, where airlines have expanded rapidly in the last couple of decades, it's an amazing feat that they rank so highly while inducting so many new aeroplanes."

There's little benefit to adding luxurious cabins if maintenance, security and safety protocols as well as routine engineering schedules are not adhered to, he stressed.

"And with the UAE itself sporting MRO activities as well as through companies like Strata, which supply components to Airbus and Boeing directly, airlines here have harnessed that tech-change to ensure that their fleets have the highest redundancy and safety checks at every possible chance," Ahmad added. "That translates into passenger confidence - and we can see the brand and loyalty strength across Emirates, flydubai, Air Arabia and Etihad; it's no surprise that each year, they all fly more and more passengers across their network."

In making its selections, AirlineRatings.com editors and its industry advisors take into account numerous critical factors that include: Audits from aviation's governing bodies and lead associations, government audits, airline's crash and serious incident record, fleet age, financial position and pilot training and culture.

"All airlines have incidents every day and many are aircraft or engine manufacture issues instead of airline operational problems. And it is the way the flight crew handles incidents that determines a good airline from an unsafe one. So just lumping all incidents together is very misleading," said Thomas.

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News Network
July 10,2020

Dubai, Jul 10: Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan has appointed Dina Amin as CEO of the Visual Arts Commission.

She will take the lead in implementing the ministry’s vision and directions in promoting and developing visual arts in the Kingdom and empowering practitioners in the field.

Amin is a leading Saudi specialist in visual arts and the international contemporary art field. She gained a bachelor’s degree in art history and architecture from Wellesley College, in the US, and also attended a collaborative program in architecture at Massachusetts Institute of Technology.

During her career, spanning more than two decades, she has held senior positions in prominent international arts companies, including most recently Phillips, a global auction house for art, design, watches, jewels, and more.

She has also worked at Christie’s, one of the world’s most famous auction houses, employed in senior roles at the company’s international offices including New York, Dubai, and London.

The Visual Arts Commission is one of 11 new cultural bodies recently launched by the Ministry of Culture in line with the Saudi Vision 2030 reform plan to manage the empowerment and development of the Kingdom’s cultural sector. The commission will be responsible for managing and developing the visual arts sector to help achieve the ministry’s goals.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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