GCC, Turkey blast UN inaction in Syria

October 14, 2016

Riyadh, Oct 14: Foreign ministers of Gulf Cooperation Council states and Turkey on Thursday called for urgent intervention of the UN in Syria to stop the killing of innocent people.

GCC

They strongly advocated the need for the speedy implementation of the UNSC resolution, calling for the unimpeded and timely delivery of humanitarian assistance to all Syrian cities.

The GCC and Turkish ministers met in Riyadh within the framework of the GCC-Turkey Strategic Dialogue.

On the sidelines of the meeting, Custodian of the Two Holy Mosques King Salman received Turkish Foreign Minister Mevlut Cavusoglu, and Economy Minister Nihat Zeybekci, and held talks with them on bilateral and regional issues.

The Turkish ministers later attended the ministerial meeting at the GCC General Secretariat.

In a major development, the GCC foreign ministers designated the network led by US-based cult leader Fethullah Gulen as a terrorist organization. The ministers also condemned “indiscriminate” airstrikes on Syria’s Aleppo and expressed “deep regrets” at the inability of the UN and the international community to stop the raids.

They expressed concerns over the large-scale offensive coordinated by Russian and Syrian warplanes, which have ruthlessly attacked rebel-controlled Aleppo.

Addressing a joint press conference with Cavusoglu after the GCC-Turkey ministerial meeting, Foreign Minister Adel Al-Jubeir called on “Iran and Iraq to refrain from promoting sectarianism in the region.”

A joint communique issued by the GCC General Secretariat after the meeting stressed “the need to dry up funding to terrorism, as well as their commitment to combat radical ideology of the terrorist groups.”

The statement also supported the French initiative and international efforts aimed at “settling the Palestinian issue and establishing the independent sovereign state of Palestine with East Jerusalem as its capital.”

On the urgent need to restore peace and security in the region, the communique underlined the importance of making the Middle East, including the Gulf region, a WMD-free zone, including nuclear weapons.

“The ministers emphasized the right of countries of the region to use nuclear energy for peaceful purposes, and ensure that Iran sign all nuclear safety treaties,” it added.

Strategic Dialogue

The GCC and Turkish foreign ministers, who met here at the GCC General Secretariat within the framework of the “GCC-Turkey Strategic Dialogue,” also reaffirmed “their complete rejection of the use of Iraqi territory as a safe haven for terrorist groups to carry out terror attacks including smuggling of weapons and explosives.”

The ministers expressed grave concern about “Iraq’s move to involve sectarian militia forces, which perpetrated revenge attacks, mass killings and abuses against the local populations of the liberated areas, in the imminent Mosul operation, which might compromise the sustainable success of the operation and trigger sectarian conflict.”

Al-Jubeir urged Iran not to meddle in the affairs of Arab countries.

The GCC ministers called on Iran to respond positively to the efforts of the UAE to resolve the issue of the three islands — Greater Tunb, Lesser Tunb, and Abu Musa — through negotiations or recourse to the International Court of Justice.

The ministers condemned the attack on the UAE civilian vessel Swift near the Bab Al-Mandab Strait while it was on a regular trip transporting humanitarian aid and evacuating injured civilians for treatment in the UAE. They described the incident as a terrorist act threatening international navigation in the Bab Al-Mandab Strait, as it contravenes all international navigation laws and undermines international and regional efforts to deliver humanitarian aid to Yemen.

Referring to the bloodbath in Syria, the ministers condemned the escalation of military operations in Aleppo by the regime and its supporters through indiscriminate air raids against the civilian population and infrastructure. The ministers called on the international community to condemn such crimes against the people of Aleppo, and against civilians across the country. They also expressed their deep regret for “the inability of the UN Security Council to make decision to stop the air campaign and the bombing of civilians in Aleppo.”

The ministers also expressed their rejection of the Justice Against Sponsors of Terrorism (JASTA) law, affirming that “it is inconsistent with the principles of international law, particularly against the principle of equal sovereignty among countries provided for in the UN charter.” They expressed hope that the legislation would be reconsidered as it would have an “adverse impact on the relations between countries including the US.”

Referring to the deplorable situation in Yemen, the ministers reaffirmed that the formation of the so-called political council in Yemen between the Houthis and Ali Abdullah Saleh’s supporters, and the formation of the so-called national salvation government constitute violations of Yemen’s internationally recognized constitutional legitimacy and impede reaching a political agreement.

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Agencies
July 20,2020

Riyadh, Jul 20: Saudi Arabia's King Salman has been admitted to a hospital in the capital, Riyadh, for medical tests due to inflammation of the gallbladder, the kingdom's Royal Court said Monday in a statement carried by the official Saudi Press Agency.

The statement said the 84-year-old monarch is being tested at the King Faisal Specialist Hospital. The brief statement did not provide further details.

King Salman has been in power since January 2015. He is considered the last Saudi monarch of his generation of brothers who have held power since the death of their father and founder of Saudi Arabia, King Abdulaziz.

King Salman has empowered his 34-year-old son, Crown Prince Mohammed bin Salman, as his successor. The crown prince's assertive and bold style of leadership, as well as his consolidation of power and sidelining of potential rivals, has been controversial.

With the support of his father, Prince Mohammed has transformed the kingdom in recent years, opening it up to tourists and eroding decades of ultraconservative restrictions on entertainment and women's rights as he tries to diversify the Saudi economy away from reliance on oil exports.

The prince has also detained dozens of activists and critics, overseen a devastating war in Yemen, and rounded up top members of the royal family in his quest for power.

The Saudi king has not been seen in public in recent months due to social distancing guidelines and concerns over the spread of the coronavirus inside the kingdom, which has one of the largest outbreaks in the Middle East.

He has been shown, however, in state-run media images attending virtual meetings with his Cabinet and held calls with world leaders.

King Salman, who oversees Islam's holiest sites in Makkah and Medinah, was a crown prince under King Abdullah and served as defense minister. For more than 50 years prior to that, he was governor of Riyadh, overseeing its evolution from a barren city to a teeming capital.

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News Network
March 23,2020

Dubai, Mar 23: All inbound, outbound and transit passenger flights to and from the United Arab Emirates – home to one of the world’s busiest hubs – are to be suspended for two weeks.

The UAE’s National Emergency Crisis and Disasters Management Authority (NCEMA) and General Civil Aviation Authority (GCAA) has announced that passenger flights to, from and through the country will be suspended from 25 March for a period of two weeks, in order to “curb the spread of the Covid-19”.

Freight and emergency evacuation flights will still be permitted to operate.

The suspension affects major global hubs in Dubai and Abu Dhabi. Dubai-based Emirates has already announced that it will suspend most of its passenger flights from 25 March.

“Additional examination and isolation arrangements will be taken later should flights resume, in order to ensure the safety of passengers, air crews and airport personnel and their protection from infection risks,” state the NCEMA and the GCAA.

Dubai International Airport was the third-busiest airport in the world in 2018, handling 89 million passengers.

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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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