First Iraqi air raid in Syria hits Daesh

February 25, 2017

Baghdad/Beirut, Feb 25: Daesh, under attack on two fronts, hit back on Friday with bombings in the Syrian town of Al-Bab, which it lost to Turkish forces and opposition fighters on Thursday. Over 60 people, mostly civilians, were killed.

airraid

Also Friday, the terror group was struck by Iraq’s air force inside Syria for the first time as Iraqi troops pushed into western Mosul, the last major urban stronghold held by Daesh in Iraq.

As the bloodbath continued, there appeared little prospect of the opposing Syrian sides meeting directly soon for peace talks in Geneva.

The regime of Bashar Assad got a breather as Russia announced it will use its veto to block a proposed UN resolution drafted by the US, France and Britain that would impose sanctions on Syria for the use of chemical weapons.

Iraq’s Prime Minister Haider Al-Abadi announced the airstrikes in a statement, saying the air force hit towns of Boukamal and Husseibah across the border and came in response to recent bombings in Baghdad claimed by Daesh and linked to the militants’ operations in Syria.

The US provided intelligence to Iraq for the strikes, the Pentagon said.

“Yes we were aware, yes we supported it as well with information,” Pentagon spokesman Captain Jeff Davis told reporters.

“It is a good strike, it is a valid strike, it was a strike against Daesh targets,” Davis said.

Meanwhile, Iraqi forces pushed into the first neighborhood of western Mosul and took full control of Mosul’s international airport and a sprawling military base on the southwestern edge of the city, according to Iraqi officials.

The territorial gains mark the first key moves in the battle, now in its sixth day, to rout Daesh terrorists from the western half of Mosul, Iraq’s second-largest city.

The push into Mamun neighborhood was followed by intense clashes with Daesh fighters, according to an Iraqi special forces officer on the ground, who spoke on condition of anonymity in line with regulations.

An Iraqi air force commander said the airstrikes against Daesh in Syria were carried out with F-16 warplanes at dawn and “were successful.”

The commander, who spoke on condition of anonymity because he was not authorized to talk to the media, said they were conducted at the order of the prime minister.

In Syria, a suicide car bomb went off outside a security office operated by Syrian opposition north of Al-Bab, killing 60 people, mostly civilians who had gathered to return home to the town liberated from Daesh only a day earlier.

At least six fighters were among those killed in the attack, according to Turkey’s Prime Minister, who spoke in Ankara.

According to Mohammed Al-Tawil, a leading Syrian opposition fighter north of Al-Bab, a suicide attacker blew up his small pick-up truck outside a security office in Sousian village, about 8 km north of Al-Bab.

He said the explosion went off as the opposition fighters were organizing the return of civilians from Al-Bab who had been displaced by the fighting for their town.

“These people have suffered a lot,” Al-Tawil said. “They have been waiting for this moment” to return home.

Al-Tawil, a member of the opposition Al-Bab military council, said about four fighters manning the checkpoint were killed in the attack. Al-Tawil, who was at the security office at the time of the explosion, said the rest of the casualties were civilians from Al-Bab.

In Geneva, UN mediator Staffan de Mistura handed working papers focused on procedural issues to delegations at Syrian peace talks, but there appeared little prospect of the opposing sides meeting directly soon.

Opposing sides in the war came face-to-face at the UN for the first time in three years on Thursday, to hear mediator Staffan de Mistura — who is looking to find a common ground between the regime and the opposition for negotiations.

But tensions were palpable among participants at Friday’s opening ceremony.

In a short statement to reporters after more than two hours of discussions with the UN envoy, the regime’s chief negotiator Bashar Al-Ja’afari told reporters that they had discussed nothing more than the format for the coming days.

“At the end of the meeting de Mistura gave us a paper and we agreed to study this paper. We shall inform him of our position,” he said.

He corrected an interpreter who described it as a “document,” and gave no details of what it said. He took no questions.

De Mistura was holding bilateral meetings with the delegations on Friday to establish a plan for this round of negotiations that could run into early March.

The opposition delegation, which is not fully under one umbrella, said it had also received a paper.

“There is a paper about the procedural issues and some ideas to begin the political process,” lead negotiator Nasr Al-Hariri told reporters.

In New York, Russian Deputy Ambassador Vladimir Safronkov told reporters following a closed-door meeting of the Security Council that Russia will use its veto to block the resolution seeking curbs against the Assad regime. “I just explained our position very clearly to our partners. If it is tabled we will veto it.”

The US, France and Britain are pushing for a vote early next week on the proposed resolution that would slap sanctions on Syrians deemed responsible for chemical attacks in the nearly six-year war.

Safronkov rejected the measure as “one-sided,” saying it was based on “insufficient proof” and contradicted “the fundamental principle of presumption of innocence until the investigation is over.”

Russia has used its veto six times to shield its Damascus ally from any punitive action by the Security Council.

The draft resolution follows a UN-led investigation which concluded in October that the Syrian military had carried out at least three chlorine attacks on opposition-held villages in 2014 and 2015.

US Ambassador Nikki Haley said she was not swayed by the Russian arguments. “How much longer is Russia going to continue to babysit and make excuses for the Syrian regime?” she said.

“People have died by being suffocated to death. That’s barbaric. You are either for chemical weapons or you are against it,” she added.

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Arab News
March 21,2020

Jeddah, Mar 21: Saudi government ministers on Friday announced a war chest of more than SR120 billion ($32 billion) to fight the “unprecedented” health and economic challenges facing the country as a result of the killer coronavirus pandemic.

During a press conference in Riyadh, finance minister and acting minister of economy and planning, Mohammed Al-Jadaan, unveiled a SR70 billion stimulus package to support the private sector, especially small- and medium-sized enterprises (SMEs) and businesses worst-hit by the virus outbreak.

And the Saudi Arabian Monetary Authority (SAMA) has also sidelined SR50 billion to help the Kingdom’s banking sector, financial institutions and SMEs.

Al-Jadaan said the government had introduced tough measures to protect the country’s citizens while immediately putting in place a financial safety net. He added that the Kingdom was moving decisively to address the global COVID-19 disease crisis and cushion the financial and economic impact of the outbreak on the country.

The SR70 billion package of initiatives revealed by the minister will include exemptions and postponement of some government dues to help provide liquidity for private-sector companies.

Minister of Health Dr. Tawfig Al-Rabiah noted the raft of precautionary measures that had been introduced by the Kingdom in cooperation with the private sector and government agencies to combat the spread of the coronavirus, highlighting the important contribution of the data communication services sector.

He reassured the Saudi public that the Kingdom would continue to do whatever was required to tackle the crisis.

“This pandemic has a lot of challenges. It’s difficult to make presumptions at this moment as we’ve seen; many developed countries did not expect the rate of transmission of this virus.

“We see that the reality of the situation is different from what many expected. The virus is still being studied and though we know the means of transmission, it is transmitted at a very fast rate, having spread to many countries faster than expected.

“We see that many countries have not taken the strong precautionary measures from the beginning of the crisis which led to the vast spread of the virus in these countries,” Al-Rabiah said.

He pointed out that social distancing would help slow the spread.

Al-Jadaan said the Saudi government had the financial and economic capacity to deal with the situation. “We have large reserves and large investments, but we do not want to withdraw from the reserves more than what was already announced in the budget. We do not want to liquidate any of the government’s investments so we will borrow.

“We have approval from the government after the finance committee raised its recommendations to increase the proportion of the domestic product borrowing from 30 percent to 50 percent. We do not expect to exceed 50 percent from now until the end of 2022,” he added.

The government would use all the tools available to it to finance the private sector, especially SMEs, and ensure its ongoing stability.

The finance minister said that at this stage it was difficult to predict the economic impact of the pandemic on the private sector, but he emphasized that international coordination, most notably through G20 countries and health organizations, was ongoing.

On recorded cases of the COVID-19 disease in the Kingdom, Al-Rabiah said: “Many of the confirmed cases are without symptoms, this is due to the precautionary measures being considered.

“As soon as a case is confirmed, we contact and examine anyone who was in direct contact with the patient. This epidemiological investigation, is conducted on a large scale to investigate any case that was in contact with the patient.”

Al-Jadaan also announced the formation of a committee made up of the ministers of finance, economy and planning, commerce, and industry and mineral resources, along with the vice chairman of the board of the Saudi National Development Fund, and its governor.

The committee will be responsible for identifying and reviewing incentives, facilities, and other initiatives led by the fund.

Committees had also been established, said Al-Jadaan, to study the impact and repercussions of the coronavirus crisis on all sectors and regions, and look at ways of overcoming them through subsidies or stimulus packages.

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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
May 21,2020

Dubai, May 21: Around 10,000 Iranian health workers have been infected with the new coronavirus, the semi-official ILNA news agency quoted a deputy health minister as saying on Thursday.

Health services are stretched thin in Iran, the Middle East country hardest hit by the respiratory pandemic, with 7,249 deaths and a total of 129,341 infections. The Health Ministry said in April that over 100 health workers had died of COVID-19.

No more details on infections among health workers were immediately available.

Earlier on Thursday, Health Minister Saeed Namaki appealed to Iranians to avoid travelling during the Eid al-Fitr religious holiday later this month to avoid the risk of a new surge of coronavirus infections, state TV reported.

Iranians often travel to different cities around the country to mark the end of the Muslim holy fasting month of Ramadan, something Namaki said could lead to a disregard of social distancing rules and a fresh outbreak of COVID-19.

"I am urging you not to travel during the Eid. Definitely, such trips mean new cases of infection...People should not travel to and from those high-risk red areas," Namaki was quoted by state television as saying.

"Some 90% of the population in many areas has not yet contracted the disease. In the case of a new outbreak, it will be very difficult for me and my colleagues to control it."

A report by parliament's research centre suggested that the actual tally of infections and deaths in Iran might be almost twice that announced by the health ministry.

However, worried that measures to limit public activities could wreck an economy which has already been battered by U.S. sanctions, the government has been easing most restrictions on normal life in late April.

Infected cases have been on a rising trajectory for the past two weeks. However, President Hassan Rouhani said on Wednesday that Iran was close to curbing the outbreak.

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