Holy sites in Saudi Arabia to undergo major facelift in near future

News Network
August 23, 2018

Mina, Aug 23: The holy sites will undergo a fundamental facelift in the near future, Saudi Arabia's Hajj minister said in an exclusive interview with Arab News.

“There is a comprehensive, integrated plan to develop the Mina, Muzdalifah and Arafat altogether,” Mohammed bin Saleh Banten said.

“We now know that there is a royal commission, chaired by Crown Prince Mohammed bin Salman, for Makkah and the holy sites. This massive project will see more services for pilgrims and increased capacity, safety and security to ease their Hajj performance,” he said.

The minister said that the Custodian of the Two Holy Mosques “is always directing us to provide pilgrims with the finest and best services.”

Development is never-ending, but “when it comes to a major absorptive capacity change, it takes time. However, we all believe in our message and are working to achieve our goals,” he added.
 
He confirmed that this year’s Hajj was going as planned and was living up to pilgrims’ expectations.

“Performance indicators are usually analyzed in the end of every Hajj season, but I can tell you that the movement of pilgrims from Arafat to Mina saw record numbers,” he said.

“The big efforts made by the ministry’s committee assigned to transport pilgrims to Arafat — security men, Tawafa establishments and organizing bodies — have cooperatively made the process a success.” 

Banten said that he had extensive knowledge and a wide experience in Hajj works, but had never witnessed such a successful collective work.

“We are so delighted with what has been achieved. The performance statistics for the movement of the pilgrims from Arafat to Mina, which we reported today, were very positive. As for transportation, the number of vehicles that had problems was negligible,” the minister said.

The arrival of pilgrims to their destinations was much more accurate, thanks to efforts by all related bodies.

“Modern technology has also contributed to this success. All buses are equipped with the latest technology to guide them to the correct locations. As for grouping the pilgrims, we have also set up precise plans to make sure that pilgrims can safely get to their endpoints,” the minister said.

He added their plans will hopefully ensure a secure a safe stoning of Jamarat and a secure exit of Mina. The minister said all that has been done was a result of cooperation of government sectors.

Banten said that public security officials have prepared plans to ensure pilgrims carry out the stoning peacefully and safely.

“Security men, as you see, are doing a great job in managing the crowds and organizing traffic. The train is working efficiently to transport the pilgrims. Having taken heat and sunstroke into consideration, we have covered most of the pathways in Mina to protect the pilgrims,” he said.

Medical centers, in addition to volunteering centers, have been organized to provide medical assistance for such cases.

In spite of the efforts of the ministry, there had been a few remarks about their plans in the coming season.

“Actually, no man’s work is perfect. There should always be some remarks, but these can either be corrected without delay or taken for comprehensive, thorough studies. However, we make sure that performance remarks, that we ourselves make, receive from pilgrims or that the Command and Control Center inform us about are all recorded and will be taken into account to see how to prevent their occurrence in the future,” the Hajj minister told Arab News.

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Agencies
August 4,2020

Beirut, Aug 4: A massive explosion has shaken the Lebanese capital of Beirut, with a very high number of casualties expected.

A warehouse at the Beirut Port caught fire on Tuesday afternoon, triggering a huge explosion, Lebanon’s official National News Agency (NNA) reported.

Several smaller explosions were heard before the bigger one occurred.

Abbas Ibrahim, the head of Lebanon’s General Security, said that “highly explosive materials” confiscated earlier had been stored at the site.

Footage shared on social media captured the moment of the bigger explosion, with a colossal shock wave seen traveling fast across several hundreds of meters and shrouding the area in thick smoke.

The blast left enormous material damage to the surrounding buildings and structures. But it was not immediately known how big an area was affected.

There was also no immediate casualty count. Graphic amateur video from the scene showed bodies strewn on the ground, with their clothes blown off.

The NNA said rescue operations were underway. Ambulances were seen heading toward the scene in central Beirut.

Lebanese LBC television channel quoted Lebanon’s Health Minister Hamad Hasan as saying that the blast had caused a “very high number of injuries” and “extensive damage.”

Beirut Governor Marwan Abboud said an unspecified number of firefighters dispatched to extinguish the initial fire had been killed in the explosion.

“As they were putting out the fire, the explosion took place and we’ve [lost them],” he said, breaking down on live TV.

The explosion comes at a time when the Arab country is passing through its worst economic and financial crisis in decades, and amid rising tensions with Israel.

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News Network
July 1,2020

Riyadh, Jul 1: Saudis braced Wednesday for a tripling in value added tax, another unpopular austerity measure after the twin shocks of coronavirus and an oil price slump triggered the kingdom's worst economic decline in decades.

Retailers in the country reported a sharp uptick in sales this week of everything from gold and electronics to cars and building materials, as shoppers sought to stock up before VAT is raised to 15 percent.

The hike could stir public resentment as it weighs on household incomes, pushing up inflation and depressing consumer spending as the kingdom emerges from a three-month coronavirus lockdown.

"Cuts, cuts, cuts everywhere," a Saudi teacher in Riyadh told AFP, bemoaning vanishing subsidies as salaries remain stagnant.

"Air conditioner, television, electronic items," he said, rattling off a list of items he bought last week ahead of the VAT hike.

"I can't afford these things from Wednesday."

With its vast oil wealth funding the Arab world's biggest economy, the kingdom had for decades been able to fund massive spending with no taxes at all.

It only introduced VAT in 2018, as part of a push to reduce its dependence on crude revenues.

Then, seeking to shore up state finances battered by sliding oil prices and the coronavirus crisis, it announced in May that it would triple VAT and halt a cost-of-living monthly allowance to citizens.

The austerity push underscores how Saudi Arabia's once-lavish spending is becoming a thing of the past, with the erosion of the welfare system leaving a mostly young population to cope with reduced incomes and a lifestyle downgrade.

That could pile strain on a decades-old social contract whereby citizens were given generous subsidies and handouts in exchange for loyalty to the absolute monarchy.

The rising cost of living may prompt many to ask why state funds are being lavished on multi-billion-dollar projects and overseas assets, including the proposed purchase of English football club Newcastle United.

Shopping malls in the kingdom have drawn large crowds in recent days as retailers offered "pre-VAT sales" and discounts before the hike kicks in.

A gold shop in Riyadh told AFP it saw a 70 percent jump in sales in recent weeks, while a car dealership saw them tick up by 15 percent.

Once the new rate is in place, businesses are predicting depressed sales of everything from cars to cosmetics and home appliances.

Capital Economics forecast inflation will jump up to six percent year-on-year in July, from 1.1 percent in May, as a result.

"The government ended the country's lockdown (in June) and there are signs that economic activity has started to recover," Capital Economics said in a report.

"Nonetheless, we expect the recovery to be slow-going as fiscal austerity measures bite."

The kingdom also risks losing its edge against other Gulf states, including its principal ally the United Arab Emirates, which introduced VAT at the same time but has so far refrained from raising it beyond five percent.

"Saudi Arabia is taking massive risks with contractionary fiscal policies," said Tarek Fadlallah, chief executive officer of the Middle East unit of Nomura Asset Management.

But the kingdom has few choices as oil revenue declines.

Its finances have taken another blow as authorities massively scaled back this year's hajj pilgrimage, from 2.5 million pilgrims last year to around a thousand already inside the country, and suspended the lesser umrah because of coronavirus.

Together the rites rake in some $12 billion annually.

The International Monetary Fund warned the kingdom's GDP will shrink by 6.8 percent this year -- its worst performance since the 1980s oil glut.

The austerity drive would boost state coffers by 100 billion riyals ($26.6 billion), according to state media.

But the measures are unlikely to plug the kingdom's huge budget deficit.

The Saudi Jadwa Investment group forecasts the shortfall will rise to a record $112 billion this year.

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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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