Eid call: Help crisis-hit fellow Muslims

July 29, 2014

Prince Eid prayer

Jeddah/Riyadh, Jul 29: Crown Prince Salman, deputy premier and minister of defense, performed Eid Al-Fitr prayer at the Grand Mosque in Makkah in the presence of a massive congregation.

He was joined by Prince Bandar bin Mohammed bin Abdulrahman, Education Minister Prince Khaled Al-Faisal, Prince Ahmad bin Abdulaziz, Prince Khaled bin Fahd bin Khalid and Deputy Crown Prince Muqrin.

Custodian of the Two Holy Mosques King Abdullah was congratulated on the advent of Eid Al-Fitr by Egyptian President Abdel Fattah El-Sissi and King Abdallah of Jordan via telephone, while former Prime Minister of Lebanon Saad Hariri also attended the prayers.

In his Eid sermon, Imam Saleh Al-Humaid said the Muslim nation should be considered a single body, where if one part is in pain, the whole body becomes responsive, just like a healthy body is all-encompassing.

“Muslims in neighboring countries are facing crises, problems and catastrophes provoked by enemies,” he said.

“Muslim orphans, widowers, homeless people, refugees, the less fortunate and the sickly are in need of our support and solace,” he said. “Indeed, many of our fellow Muslims are spending this Eid in misery and humiliation.” He expressed his gratitude for divine bounties while urging Muslims to be pious and God-fearing.

Al-Humaid told listeners that humans are intrinsically social creatures. “People need one another in all aspects of life,” he said. “Everyone should have access to food, housing, clothing, education, treatment and employment, but we humans also have emotional needs that are fulfilled through friendship and networking based on need or mutual interest.”

He added: “Individual morals and ethics are manifested through their relations with others, whether relatives, friends or strangers. “Loneliness and isolation are not conducive for any human being, let alone believers.”

Al-Humaid highlighted the importance of empathizing with the plight of fellow Arabs.

Money is not the only means to help out, said the sheikh.

“Roads to charity include good deeds and sound morals,” he said. “People’s first source of happiness should first and foremost be their belief and faith in God and their desire to engage in good deeds without expecting praise in return.”

Al-Humaid also advised believers to use Eid as an opportunity for reconciliation and to drop grudges and ill-feelings.

Meanwhile, more than one million performed Eid prayers at the Prophet’s Mosque in Madinah. Sheikh Salah Al-Budair the led prayers and delivered the Eid sermon.

“We must preserve our religion and follow our Prophet’s guidance,” he said. “We also must true understand Qur’anic verses without perverting their original meanings.”

Riyadh also greeted the beginning of Eid Al-Fitr with zeal and zest.

Eid prayers were offered at around 400 mosques, while special arrangements were made for women by placing improvised partitions just after sunrise.

Riyadh Gov. Prince Turki bin Abdullah bin Abdul Aziz performed Eid Al-Fitr prayers at the Imam Turki bin Abdullah mosque and later met with princes, scholars, senior officials and a group of citizens, who came to congratulate him on the auspicious occasion.

Prince Turki also visited patients in hospital and wished them a speedy recovery, joy and tranquility.

Riyadh’s governorate and municipality collaborated with several official and unofficial bodies to come up with elaborate arrangements for recreational events and colorful activities throughout the city.

The Riyadh Police has made a comprehensive security plan for the weeklong festivities.

Seven locations, including the Prince Faisal bin Fahd Stadium in Malaz and the King Fahd International Stadium in Naseem, were the scenes of much-awaited festivals and dazzling fireworks displays, according to sources from the Riyadh Municipality.

Festive locations were distributed geographically across the city, while the firework show will commence at 11:15 p.m. over a period of three days.

“The fireworks display is fascinating to watch,” said one housewife. “The explosion of various colors against a black sky truly gripped me.”

Another major attraction during the grand celebrations is the fountain dance show at the King Abdullah Park in Malaz.

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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
March 11,2020

Mar 11: Energy giant Saudi Aramco on Wednesday said it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies.

"Saudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 million bpd," the company said in a statement to the Saudi Stock Exchange.

The decision comes a day after the world's top exporter, Saudi Arabia, decided to hike production by at least 2.5 million bpd to a record 12.3 million from April.

The Saudi moves come after the collapse of an oil production reduction agreement between OPEC and non-OPEC producers, including Russia.

The deal proposed by Saudi Arabia called for additional output cuts of 1.5 million bpd to cope with the severe economic impact of the coronavirus which has sharply reduced world demand for crude.

Boosting production capacity normally takes a long time and requires billions of dollars of investment.

Several years ago, the kingdom had shelved plans to boost its crude production capacity beyond 12 million bpd after demand for OPEC oil declined in the face of stiff competition from North American shale oil and other sources.

Russia on Tuesday said it was open to renewing cooperation with the OPEC cartel even as its kingpin Saudi Arabia escalated a price war with Moscow by announcing it would flood markets with new supplies.

The oil price war broke out after OPEC and a group of non-member countries dominated by Russia -- the world's second largest producer -- on Friday failed to agree on production cuts.

Saudi Arabia responded by announcing unilateral price cuts. This prompted the oil price to plummet and fuelled huge falls on stock markets around the world on Monday.

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News Network
April 24,2020

Riyadh, Apr 24: As many as eleven Indian nationals have died due to COVID-19 in Saudi Arabia.

"As per information available with the Embassy as of April 22, eleven Indian nationals (four in Madinah, three in Makkah, two in Jeddah, one in Riyadh and one in Dammam) have passed away due to COVID-19 in Saudi Arabia," the Embassy of India in Saudi Arabia said in a press release on Wednesday.

It urged the Indian community to remain calm and avoid spreading of rumours amid the COVID-19 crisis.

"The Embassy also reiterates the need for the community to remain calm and avoid spreading of rumours that may create panic. It is important that social media is not used to disseminate false messages and spread hatred along communal lines that can vitiate the atmosphere," the Embassy said.

"As stated by Prime Minister Narendra Modi, COVID-19 does not see race, religion, colour, caste, creed, language or borders before striking, and our response and conduct should attach primacy to unity and brotherhood," it said.

Moreover, several measures on the supply of food, medicines and other emergency assistance to Indians in need are being implemented across the Kingdom.

Earlier, Indian Ambassador to Saudi Arabia, Ausaf Sayeed on April 22 had interacted with Indian community volunteers from the smaller towns all across the Kingdom to discuss the impact of the COVID-19 situation, and evaluate the implementation of various measures to ensure the welfare of Indian nationals.

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