Gulf states announce humanitarian gesture to help families with Qatari members

ARAB NEWS
June 12, 2017

Jeddah, Jun 12: As the week-long Qatari crisis drags on without a clear commitment from Doha to renounce terrorism, three Gulf states announced on Sunday a humanitarian gesture to help families with Qatari members.

Gulfstates

Saudi Arabia, Bahrain and the UAE announced hotlines to help affected families, as Saudi Deputy Crown Prince Mohammed bin Salman discussed efforts to “counterterrorism and extremism” in a phone call with US Secretary of State Rex Tillerson, the Saudi Press Agency (SPA) reported.

Kuwait, which is trying to mediate a solution to the regional crisis, on Sunday said Qatar is ready to listen to the concerns of Gulf states that have cut diplomatic and economic ties.

Kuwait “affirms the readiness of the brothers in Qatar to understand the reality of the qualms and concerns of their brothers and to heed the noble endeavors to enhance security and stability,” Kuwait’s state news agency KUNA quoted Foreign Minister Sheikh Sabah Al-Khalid Al-Sabah as saying.

Kuwait, which has retained ties with Qatar and has often acted as a mediator in regional disputes, said it wanted to resolve the dispute “within the unified Gulf house.”

In another development Sunday, Iran sent four cargo planes of food to Doha. Five aircraft carrying around 90 tons of vegetables each had been sent to Qatar in recent days, said Iran Air spokesman Shahrokh Noushabadi, adding: “We will continue deliveries as long as there is demand.”

In addition, African Union (AU) Chairman Alpha Conde on Sunday put himself forward as a mediator in the crisis, and urged dialogue after several African nations recalled their ambassadors to Qatar.

Conde, who is president of Guinea, which has close ties to Saudi Arabia, said in a letter to King Salman that he had observed with “sadness” the feud between Qatar and its Gulf neighbors, which he described as “brother countries” of Muslim-majority Guinea.

“Only dialogue will allow us to reach a real compromise,” Conde added in the letter, praising King Salman’s “wisdom” and “know-how” in battling extremism.

In another setback for Doha, the world soccer body FIFA removed a Qatari referee from a 2018 World Cup qualifier following a request from the UAE.

The Zurich-based organization said it agreed with the UAE that the Qataris due to officiate the game against Thailand in Bangkok on Tuesday should be replaced.

Instead, a referee from Singapore will take charge of the qualifier for next year’s tournament in Russia. He will be assisted by a fellow Singaporean and two officials from Malaysia.

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KT
June 30,2020

Dubai, Jun 30: The UAE Embassy in India on Tuesday urged expats stranded in India to procure travel approvals from the Federal Authority for Identity and Citizenship (ICA) in the UAE ahead of their travel to the UAE.

It has also assured UAE residence visa holders that a no-objection letter to travel would be issued on a humanitarian basis, as long as the resident meets all conditions set by the government of UAE.

The UAE Embassy in New Delhi tweeted Tuesday morning, "The @UAEembassyIndia would like to draw the attention of the valid UAE residence permit holders currently present in India, to the necessity of obtaining necessary approval from the @ICAUAE while ensuring that all conditions set by the UAE competent authorities are observed."

It added, "Please note that UAE will issue no objection letter to travel in some humanitarian cases only that meet all conditions and requirements."

The embassy also affirmed its commitment to the decisions of the Indian authorities regarding the continued closure of airports in India, and implementation of some restrictions that do not allow foreign airlines to carry passengers.

"We express our thank for your cooperation and your understanding of the current global situation, and in case there is any developments in this regard, we will publish it on the official platforms of embassy (sic)," the Embassy tweeted.

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Agencies
July 31,2020

Dubai, Jul 31: The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia tweeted early on Friday sending congratulations to everyone on Eid Al Adha.

"I congratulate everyone on the blessed Eid Al Adha. May Allah [grant us another Eid where we will be in] good, blessings, health, and wellness," King Salman said.

"We also ask [God] to accept the pilgrimage of those who completed Haj, and [to accept] Muslims' prayers, and to remove the coronavirus pandemic in our countries," he added.

King Salman left King Faisal hospital in Riyadh after recovering on Thursday, the Saudi Press Agency (SPA) reported on Thursday.

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News Network
January 12,2020

Dubai, Jan 12: Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on December 11. It hit hit upwards of $10 a share on the second day of trading. This gave Aramco a market capitalization of $2 trillion, making it comfortably the world's most valuable company.

Aramco's additional sales mean the company has publicly floated 1.7% of its shares. It's IPO, even before the added sales, was the world's largest ever.

The shares sold in the over-allotment option "had been allocated to investors during the book-building process and therefore, no additional shares are being offered into the market today," Aramco said.

Company shares traded down on Sunday, dipping to around 34.7 riyals, or $9.25 a share, amid heightened tensions in the Persian Gulf between Iran and the United States. Aramco was a target of rising tensions over the summer when a missile and drone attack, which Saudi Arabia and the US blame on Iran, temporarily halved its production.

Sunday's trading figures value Aramco at $1.85 trillion, still well ahead of Apple, the second largest company in the world after Aramco, but below the $2 trillion mark sought by Crown Prince Mohammed bin Salman.

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