King Salman’s visit to add new dimension to Saudi-Malaysia ties

February 26, 2017

Riyadh, Feb 26: The historic visit today of King Salman to Malaysia will provide a new dimension to the ties between the Kingdom and Malaysia.king salman

The king’s Asia tour is expected to include Indonesia, Japan, China, Brunei, Jordan and the Maldives.

Malaysian Prime Minister Datuk Seri Najib Tun Razak said Malaysia was “honored” that King Salman had chosen Malaysia for his first visit to an Islamic country in the region as well as the first to Southeast Asia since ascending the throne in 2015.

He said King Salman’s visit reaffirms a partnership built on mutual trust and respect through the years. He said that the king’s visit to Kuala Lumpur could provide an example for the Muslim world.

Najib commended both countries’ “strong mutual commitment to fight extremism founded on their strong belief within the framework of the tolerant, moderate and peaceful nature of Islam.”

Najib said a number of new agreements would be signed during the visit. One involves Saudi Aramco and Malaysia’s Petronas.

King Salman’s visit will focus on “strengthening bilateral relations with Malaysia at all levels,” said Saudi Ambassador to Malaysia Fahad Abdullah Al-Rashid.

He said the close diplomatic ties, established in the early 1960s, were built on a foundation of religious unity and must be nurtured not only for the benefit of the two countries but also for the unity of the Muslim world as a whole.

Ibrahim Al-Qayid, a founding member of the National Society for Human Rights (NSHR), said the visit will herald a new era of bilateral relations. “Malaysia has become a tourism and higher education destination for many Saudis. In fact, Saudi-Malaysian relations have deep historical roots, and the religious, cultural, economic and other aspects of the bilateral relationship have expanded of late.”

Al-Qayid described the ties as long-standing and natural “besides being complementary in nature.”

On the commercial front, the two countries have reported growth. The Kingdom is the 19th biggest commercial trade partner with Malaysia and the 16th biggest importer.

“We are happy that the trade volume between the two countries has improved significantly within a short span of time,” said Tan Rastam Balala, a Malaysian banker working in Riyadh.

“The historic visit will open several channels of cooperation,” Balala added.

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News Network
July 5,2020

Riyadh, Jul 5: Custodian of the Two Holy Mosques King Salman has approved the extension of the validity of the expired iqama (residency permit) and exit and reentry visas of expatriates who are outside the Kingdom for a period of three months without any fee.

The iqama of expatriates inside the Kingdom as well as the visa of visitors who are in the Kingdom of which the validity expires during the period of suspension of entry and exit from the Kingdom will also be extended for a period of three months without any charge.

The validity of final exit visas as well as exit and reentry visas issued for expatriates, who are in the Kingdom, but were not used during the lockdown period will be extended for a period of three months without any fee, the Saudi Press Agency reported quoting an official source at the Ministry of Interior.

The ministry source said that these measures were taken as part of the continuous efforts made by the government of King Salman to mitigate the effects of the coronavirus pandemic on individuals as well as on private sector establishments and investors, economic activities in the Kingdom, following the adoption of the preventive measures to stem the spread of the pandemic.

The beneficiaries of the King’s order include all expatriates who are outside the Kingdom on exit and reentry visas, which expired during the lockdown period and after lifting of the lockdown.

These expatriates are not in a position to return to the Kingdom due to the enforcement of suspension of international flight service and temporary ban on entry and exit from the Kingdom.

The beneficiaries also include those expatriates who are still in the Kingdom after issuance of final exit visas or exit and reentry visas but could not travel because of the suspension of entry and exit from the Kingdom.

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News Network
May 5,2020

Abu Dhabi, May 5: The overall real GDP (gross domestic product) of the United Arab Emirates is estimated to have grown by 1.7 percent in 2019, the country’s central bank said in a statement on Monday carried by WAM.

"The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 percent in 2019. However, non-oil activities advanced at a softer pace growing by 1.0 percent. As a result, overall real GDP is estimated by FCSA (Federal Competitiveness and Statistics Authority) to have grown by 1.7 percent in 2019," said the financial regulator in its Annual Report 2019.

"The spread of COVID-19 is expected to impact trade and supply chain movements, coupled with travel restrictions which paves way for high volatility in capital markets and commodity prices. While the outbreak is expected to negatively affect the global and domestic economies, it is still early to gauge the scale of the economic fallout," the report added.

The report noted that the higher hydrocarbon output, as well as growth in non-hydrocarbon economic activity, supported the pace of the country's overall economic growth in 2019.

"Meanwhile, the fading effect of VAT, the appreciating Dirham, lower energy prices and decline in rents pushed inflation in negative territory. However, the employment rate registered a steady rebound. Looking ahead, the economic outlook for 2020 remains uncertain owing to the COVID-19 outbreak," the report elaborated.

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News Network
April 24,2020

Riyadh, Apr 24: As many as eleven Indian nationals have died due to COVID-19 in Saudi Arabia.

"As per information available with the Embassy as of April 22, eleven Indian nationals (four in Madinah, three in Makkah, two in Jeddah, one in Riyadh and one in Dammam) have passed away due to COVID-19 in Saudi Arabia," the Embassy of India in Saudi Arabia said in a press release on Wednesday.

It urged the Indian community to remain calm and avoid spreading of rumours amid the COVID-19 crisis.

"The Embassy also reiterates the need for the community to remain calm and avoid spreading of rumours that may create panic. It is important that social media is not used to disseminate false messages and spread hatred along communal lines that can vitiate the atmosphere," the Embassy said.

"As stated by Prime Minister Narendra Modi, COVID-19 does not see race, religion, colour, caste, creed, language or borders before striking, and our response and conduct should attach primacy to unity and brotherhood," it said.

Moreover, several measures on the supply of food, medicines and other emergency assistance to Indians in need are being implemented across the Kingdom.

Earlier, Indian Ambassador to Saudi Arabia, Ausaf Sayeed on April 22 had interacted with Indian community volunteers from the smaller towns all across the Kingdom to discuss the impact of the COVID-19 situation, and evaluate the implementation of various measures to ensure the welfare of Indian nationals.

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