Iran, Saudi Arabia lock horns over Yemen

April 11, 2015

Apr 11: Tensions between Iran and Saudi Arabia deepened on Thursday as Iranian leaders lashed out with rare vehemence against the continuing Saudi air campaign in Yemen, even hurling personal insults at the young Saudi prince who is leading the fight.

Ayatollah Ali Khamenei, the supreme leader of Iran, denounced the Saudi airstrikes in Yemen as “a crime” and “a genocide” while all but taunting Saudi Arabia that its war in Yemen was doomed to fail.

Iran Saudi

A regional coalition led by Saudi Arabia extended its bombing campaign for a 16th night in its effort to stop the Houthi movement and its allies from dominating Yemen. The Houthis nonetheless continued their advance, and aid groups warned of a compounding humanitarian catastrophe, particularly in the port city of Aden.

US Secretary of State John Kerry sharply warned Iran over its backing for the other side of the conflict in Yemen, in the first explicit US accusation that Iran has been providing military aid to the Houthis. Washington was “not going to stand by while the region is destabilised,” Kerry said in an interview with “PBS NewsHour” on Wednesday night.

“There are obviously supplies that have been coming from Iran,” he added. “There are a number of flights every single week that have been flying in. We trace those flights, and we know this. We are well aware of the support that Iran has been giving to Yemen.”

The US has recently increased the provision of logistical support, intelligence and weapons to the Saudi campaign, just days after the announcement of a framework for a nuclear deal with Iran. Kerry said he was seeking to reassure allies, including Saudi Arabia, that the US could “do two things at the same time.”

The US could help push back against Iranian attempts to project its influence around the region, he argued, while at the same time negotiating a deal that would reward Tehran for providing guarantees that it was not building nuclear weapons.

Saudi Arabia has said it is bombing the Houthis because it sees them as an instrument of Iranian power, but Western diplomats and independent experts have said that while Iran has supported the Houthis financially, it has no direct control over the group.

The back-and-forth insults and threats raised fears that the Yemeni conflict could further inflame the rivalry between the two regional heavyweights, Iran and Saudi Arabia, already fighting each other through sectarian proxies in Syria and in less overt struggles across Iraq, Lebanon and Bahrain.

Some analysts suggested that the battle for Yemen may further complicate the delicate politics of a deal with the Western powers to restrain Iran’s nuclear programme. But others argued that the deal had instead emboldened Iran to flex its muscles against Saudi Arabia.

“Deep down, the Iranians know that they are winning,” said Michael Stephens, the head of the Royal United Services Institute in Doha, Qatar. Kerry appeared forced into a difficult balance, reassuring Saudi Arabia of US support against Iran without antagonising Iranian hard-liners severely enough to fuel opposition to the nuclear deal.

The ayatollah’s diatribe only added to the challenge. In rare direct criticism of Iran’s rival by name, Khamenei said that Saudi Arabia was departing from a history of acting with dignity in foreign affairs. “Now few inexperienced youth have taken over the affairs of the state and are replacing dignity with barbarity.”

His comments were a jab at the Saudi defence minister, Prince Mohamed bin Salman, who Saudi diplomats say is about 30. He is also a son of King Salman, who ascended to the throne this year and promptly named him to the powerful dual roles of demesne minister and chief of the royal court.

The Saudi news media has been cheering Mohamed as the architect and overseer of the Yemeni campaign despite a light résumé, raising eyebrows among rivals in the royal family and setting him up for embarrassment if it is deemed to have failed.

In a statement, Khamenei warned the Saudis “they must cease their crimes in Yemen,” and that failure there was all but inevitable. “They will be harmed and incur losses in this issue in which they will under no circumstances triumph. The Saudis’ face will be rubbed in the ground in Yemen,” he said, comparing the Saudi actions to Israel’s campaigns against Palestinian militants in the Gaza Strip.

Stephens, of the Royal Unity Services Institute, said the extraordinary barbed comments appeared designed to provoke and inflame. “It is almost like the Iranians are baiting the Saudis, trying to find every pressure point, to make the Saudis feel emasculated, and then stand back and watch as the Saudis get in deeper and deeper,” he said.

But at the same time, he argued, the Iranians were sending a message of support to their Yemeni allies, the Houthis. “They have decided to show that they are willing to stand behind the Houthis,” Stephens said. “The Iranians are making a sort of a guarantee to their allies that, whatever happens, they are going to make sure that the Houthis are at the table for the talks.”

Saudi Arabia’s warning

Saudi Arabia, which is leading a regional coalition against the Houthis, issued its own warning to Iran, saying that two Iranian warships that recently arrived in the waters off Yemen should steer clear of Yemeni waters. “If the ships seek to aid the Houthis, the coalition has the right to choose the proper answer,” said a spokesman, Brig Gen Ahmad Asseri.

In another provocation, Saudi Arabia denied permission for an Iranian plane filled with pilgrims to land in Mecca. The Houthis, a group based in northern Yemen that follows a strain of Shiite Islam, have fought a half-dozen conflicts with the Yemeni government since 2004, including a fight in 2009 that drew Saudi Arabia into border skirmishes. Only since that time, scholars say, has the movement received support from Iran, the region’s main Shiite Muslim power as well as Saudi Arabia’s rival.

Since the fall, however, the Houthis have teamed with major units of the Yemeni security forces still loyal to the former strongman, Ali Abdullah Saleh. Those units have helped the Houthi-allied forces capture the capital, Sanaa, and much of Yemen.

At the United Nations, Secretary-General Ban Ki-moon, whose efforts to restart a political dialogue in Yemen have collapsed, implored the Houthis to halt their expansion. But he also has been critical of the Saudi-led military campaign. “The coalition air raids – and the continuing attempts by the Houthis and their allied armed groups to expand their power, have turned an internal political crisis into a violent conflict that risks deep and long-lasting regional repercussions,” Ban said.

“The last thing the region and our world need is more of the chaos and crimes we have seen in Libya and Syria,” he said.

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News Network
June 26,2020

Dubai, Jun 26: As summers in Dubai bloom in its full glory, the most savoured summer fruit - Mongo - is getting the most special treatment in the city as it gets delivered to customers via an emperor like ride of a Lamborghini.

As per a video report by Gulf News, the Pakistan Supermarket in Dubai is delivering the king of fruits to the doorsteps of its customers in a green coloured Lamborghini to match the level of its supremacy among fruits.

"The king should travel like a king," says the managing director of the store, Mohammad Jehanzeb who delivers the pulpy fruit by himself and also takes the customers on a short ride in the luxury car.

In order to avail the offer rolled out on the Facebook page of the famous supermarket, customers are required to make a minimum order of Dh100, reports the Gulf News.

"The idea is to put a smile on people's faces and make them feel special," says Jehanzeb who has put a smile on the face of dozens of Dubai residents amidst the throes of a pandemic with his 'Mangoes in Lamborghini' campaign.

The delicacy this year has gone viral with videos of delighted mango lovers taking a joy ride in the supercar doing rounds over the internet.

"The joy ride was essentially meant for kids who have been sequestered at homes because of the coronavirus but adults are equally thrilled at the prospect of getting behind the wheels of my Lamborghini Huracan. I am happy to oblige them too," says Jehanzeb.

"Each order takes about an hour. We do about 7-8 home deliveries a day but are hoping to ramp up the numbers to 12," he adds.

Arshad Khan who hails from the Indian city of nawabs - Lucknow- ordered the 'nawabi' varieties - Sindhri and Anwar Ratol - and said that his children were exhilarated after hearing the roar of the Lamborghini outside their Falcon City villa.

"For someone who hails from Lucknow -- the land of the famous dussheri and landga mangoes -- I was a bit skeptical about the taste of Pakistani mangoes. I ordered them for the sheer experience of seeing them come to my place in a luxury supercar," Gulf News quoted Khan as saying.

"It was quite exhilarating and I must confess that the mangoes were as delicious as the ones back home," he added.

Mango fruit has been a delicacy in the 16th-century Hindustan sub-continent. It holds a fascinating narrative in Babur Nama which is an autobiography of the Mughal emperor Zahiruddin Muhammad Babur.

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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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Agencies
May 1,2020

Saudi Arabia has initiated refund of work visa fee to foreigners unable to travel to the Kingdom due to the suspension of international flights in the aftermath of Covid-19 pandemic.

Several work visas were cancelled, following which the Ministry of Human Resources and Social Development, in cooperation and coordination with the Ministry of Foreign Affairs, announced the refund. The cancellation and refunding of the stamped visas will be considered effective from the date of issuance of the royal decree on March 18, reported Saudi Gazette.

As a precautionary measure to curb the spread of coronavirus, the Kingdom suspended all international flight. The ministry of health in Saudi Arabia on Wednesday announced 1,325 new Covid-19 coronavirus cases and 169 recoveries. With this, the total number of cases in the Kingdom now stands at 21,402, while recoveries stand at 2,953, as on Wednesday reported KT.

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