King Abdullah remembered for his many achievements

January 25, 2015

King Abdullah

Riyadh, Jan 25: Members of the Shoura Council and senior government officials said that the country has lost a wise leader who took the nation to great heights of peace and prosperity,

“We have lost a wise leader who dedicated his life and efforts to serve his nation, and he remained the guardian of security and stability in the country as well as in the region,” Amin Al-Jaafri, deputy speaker of the Shoura Council, said Saturday following the death of King Abdullah.

“He played a major role in strengthening solidarity among Arab countries and he was an ardent promoter of interfaith dialogue in the world and peace in the region. He also denounced violence and extremism which affected the peaceful coexistence among all communities,” he noted, pointing out that his services toward the nation and the world will be remembered forever with reverence and prayers for the departed soul.

On behalf of the council, he conveyed his heartfelt condolences to the bereaved royal family which has lost an important member in its galaxy.

Commending the swift transfer of power, Al-Jaafri applauded the dynamic leadership of Custodian of the Two Holy Mosques King Salman, who took over the reins with the will of Allah and has pledged to continue the good work carried out by his predecessor. He also offered his congratulations and good wishes to Crown Prince Muqrin, deputy premier, and Deputy Crown Prince Mohammed bin Naif, second deputy premier and minister of interior.

Shoura Council member Maj. Gen. Ali-Tamimi said that Saudi Arabia lost a great son of the soil. “I have been working with him for the past 35 years and he was a gem of a person,” Tamimi said of the late king. “His thoughts and vision were always focused on developing Saudi Arabia to achieve new heights,” he said, adding that he was determined to wipe out terrorism from the country and make it a peaceful place for people to live in harmony and prosperity. He said the country will remember this noble heart forever and he will live in people's memory as they take their nation toward greater prosperity.

“The greatest contribution he made to the Shoura Council was to allow women to enroll as members of the body,” he said, describing the move as a major landmark in the empowerment of women in the Kingdom. This paved the way for women to take part in local government elections too, he said.

Enumerating the services of the late King, former Shoura Council member Osama Kurdi said King Abdullah implemented a comprehensive package of services for the nation including health care, education, the judicial system, economy, promoting interfaith dialogue and peace and also empowering Saudi women.

In addition to the introduction of 30 public and private universities, he said the king offered more than 150,000 scholarships to Saudi youths and set up five mega economic cities.

Labor Minister Adel Fakeih recalled that the nine and half years of reign by the late King Abdullah rendered yeoman services to the country and its citizens. “He had a unique passion for patriotism for the country and the people,” he stressed.

He pointed out that Saudization was implemented in full swing during his tenure. “Youths both males and females were given job opportunities, which reduced the unemployment rate of the country,” he stressed. He said the country is confident that the new monarch, Custodian of the Two Holy Mosques King Salman, will push the country to new heights of peace and prosperity which would benefit the people in the Kingdom as well as in the other parts of the world.

Expressing his sorrow on the demise of King Abdullah, Health Minister Muhammad Alhayazie conveyed the deepest sympathies on behalf of his ministry to the bereaved royal family. “The health care services witnessed tremendous developments under the late King Abdullah’s regime,” the minister said, adding that his efforts not only benefited the country but also promoted the religion of Islam and peace at global and regional levels.

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News Network
April 15,2020

Dubai, Apr 15: Saudi Arabia reported 493 new cases of coronavirus, bringing the total number of infections in the country to 5869, the Ministry of Health announced on Wednesday.

According to the ministry of health, the number of recoveries today are 42 cases, making total of recoveries in the kingdom 931. And 71 critical cases in intensive care.

The ministry also confirmed 6 deaths bringing the total number of deaths in the kingdom to 79.

Saudi Arabia imposed a 24-hour curfew and lockdown on the cities of Riyadh, Tabuk, Dammam, Dhahran and Hofuf and throughout the governorates of Jeddah, Taif, Qatif and Khobar. This week the curfew was extended until further notice.

Overall, Saudi Arabia has reported one of the lowest rates of infection in the region, with around 5,000 cases in a population of over 30 million. Mecca was one of the first Saudi cities to be placed under a full-day curfew, and authorities took unprecedented precautions, suspending religious tourism in February and closing mosques across the country in March.

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News Network
March 28,2020

Mar 28: Just hours after Prime Minister Narendra Modi spoke to the Abu Dhabi crown prince on the Coronavirus Pandemic, India “thanked the UAE authorities for accommodating the 19 Indian nationals who were stuck at Dubai airport for past several days”.

The Indian mission in Dubai tweeted, “They got stranded due to various restrictions to deal with Covid-19 pandemic. Hotel rooms have been given to them inside the airport. Our Consulate had been in constant touch with the Indian nationals and UAE and Indian authorities. We had also provided some financial help to enable our stranded passengers to buy food. The situation was tough due to the pandemic situation.”

During their conversation last evening, Abu Dhabi crown prince Sheikh Mohammed Bin Zayed Al Nahyan had “assured Prime Minister Narendra Modi about the welfare of the over two million Indians living in UAE and contributing to its economy”. PM Modi “thanked the Crown Prince for his personal attention to the health and safety of Indian expatriates in the present situation”.    

A statement issued late on Thursday night by the MEA said, “The two leaders exchanged information and views on the ongoing COVID-19 pandemic, the situation in their respective countries, as well as the steps being taken by their Governments. They agreed that the next few weeks would be crucial to control the spread of the virus, and required concerted and coordinated efforts by all countries. In this context, they appreciated the organisation of a Virtual Summit among G20 Leaders earlier in the day, to discuss the pandemic.

Both leaders emphasised the importance they attach to the strength and richness of the bilateral relationship. They agreed to maintain regular consultations between their officials in the present situation, particularly to ensure continuity of logistical supply lines.”

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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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