King to open 6 mega projects today

November 25, 2016

Dammam, Nov 25: Custodian of the Two Holy Mosques King Salman has paid tribute to the warm hospitality of people in the Eastern Province.

kingAddressing a reception held in his honor in Dammam on Thursday evening, King Salman said: “I deeply thank the people of this region, among (whom) I will always be pleased to find myself, for their unbound hospitality.”

He said the Kingdom’s Vision 2030 plan reflected the strength and the might of the Saudi economy. “(It is) a vision that will provide the Kingdom (with) wider and more comprehensive prospects,” he said, according to SPA.

“Our approach is steadfast and rock-solid; it is seeking a comprehensive, balanced and integrated development in various parts of the Kingdom,” the king added, promising to “make opportunities available to all and to realize legitimate aspirations, within the framework of the state’s rules and norms.”

King Salman is in Dammam to open six mega projects developed by the energy giant Saudi Aramco, which are expected to be launched on Friday.

At the reception, King Salman was accompanied by Madinah Gov. Prince Faisal bin Salman. The king was received by Crown Prince Mohammed bin Naif and Eastern Province Gov. Prince Saud bin Naif.

Prince Saud bin Naif welcomed the king, expressing pleasure at the royal visit.

“Words fail to express the sentiments harbored by the well-wishing citizenry of the region on this exceptional occasion of having the king among us,” the governor said, assuring the king that the entire nation will work hard to implement the Kingdom’s Vision 2030.

One of the projects to be launched on Friday is the King Abdulaziz Center for World Culture (iThra), which is a platform to encourage creativity, innovation and communication between different cultures, promote Saudi Arabia’s efforts in building a knowledge-based economy and deal with modern technologies of new generations.

The center seeks to enhance investment in members of the community to encourage learning and exploration, as well as find economic opportunities by developing a generation of thinkers, innovators and creators in the Kingdom. The center also seeks to provide unlimited economic opportunities as a result of such innovation and creation.

The king will also inaugurate the Khurais oil field, which is one of the last giant oil fields to be discovered in the world. The oil field has obtained a high global ranking in terms of size, and is located near the world’s largest oil field, Ghawar.

Among the other large projects to be launched and expanded is the project to increase crude oil production at the Manifa oil field, one of the largest crude oil production projects in the world.

King Salman will also inaugurate the Wasit gas plant project, north of Jubail Industrial City, which is set to help meet Saudi Arabia’s energy needs. The project comes as part of Vision 2030, which stipulates as part of its economic plan the importance of doubling gas production levels and establishing a natural network to expand distribution activities.

The king will also inaugurate the expansion project of the Shaybah crude oil field, which is one of the largest projects of its kind, in both the Middle East and wider world.

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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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Agencies
June 22,2020

Riyadh, Jun 22: The Ministry of Municipal and Rural Affairs (MMRA) in Saudi Arabia has announced the continuation of the ban on providing Shisha (hubble-bubble), and the closure of children's play areas in restaurants as a precautionary measure for protecting the health of citizens and residents from the novel coronavirus COVID-19 infection.

The new stage, in which the Kingdom is beginning to coexist with the virus, focuses on the concept of "social distancing" that has emerged since the start of the coronavirus crisis throughout the world,

It stipulates leaving at least 2 meters between one person and the other in public places to prevent the transmission of infection, in addition to covering the mouth and nose by wearing a facemask.

It also specifies complying with the preventive protocols in workplaces, stores, shops, mosques and tourist attractions, with human gatherings not to exceed 50 people, as a maximum.

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Agencies
June 9,2020

Dubai, Jun 9: Dubai's Emirates airline has begun laying off employees to reduce cost and save cash as the carrier looks to rightsize its workforce.

"We at Emirates have been doing everything possible to retain the talented people that make up our workforce for as long as we can. However, given the significant impact that the pandemic has had on our business, we simply cannot sustain excess resources and have to rightsize our workforce in line with our reduced operations. After reviewing all scenarios and options, we deeply regret that we have to let some of our people go," the spokesperson said in the statement.

Citing sources, Reuters and Bloomberg earlier reported that a majority of those being made redundant are cabin crew workers as well as a minority of its engineers and pilots, including those flew the Airbus A380.

"This was a very difficult decision and not one that we took lightly. The company is doing everything possible to protect the workforce wherever we can. Where we are forced to take tough decisions we will treat people with fairness and respect. We will work with impacted employees to provide them with all possible support," said the statement.

The spokesperson, however, didn't disclose how many employees are being made redundant in this latest round of rightsizing the workforce.

Emirates on Sunday confirmed that it extended the period of reduced pay for its staff for another three months till September. It had previously reduced basic wages by 25 to 50 per cent for three months from April, with junior employees exempted.

The airline had employed around 60,000 people at the end of its 2019-20 financial year.

Saj Ahmad, chief analyst at StrategicAero Research, said the announced job cuts at Emirates will likely not be the last given the unprecedented damage that Covid-19 has had not just on air travel, but on the entire aviation industry as a whole.

"Emirates' massive international network means that job reductions were always a last resort option as the company staves off cash burn and expenses at a time when revenues are dried up. While Emirates SkyCargo is enjoying a resurgence in activities, the reality is that this income will never offset the lost money from passenger operations," he added.

"Whilst some salary reduction schemes have prevented bigger job cuts for now, the absence of a cure or medicinal suppressant of Covid-19 means that air travel is unlikely to even reach pre-9/11 levels within 3-5 years, let alone pre-Covid-19 levels in that same time period. For that reason, Emirates' reduction in headcount is necessary to stay competitive, agile and be ready for when air travel can resume with a degree of normalcy that we have been accustomed to for decades," said Ahmad.

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