Syria violence claims 24 dead in run-up to ceasefire

April 7, 2012

run_up

Beirut, April 7: At least 24 Syrians were killed in violence on Friday, opposition activists said, only four days before a troop pullback agreed by President Bashar al-Assad as part of a peace plan proposed by mediator Kofi Annan.


The Syrian Observatory for Human Rights said shelling had killed at least 10 people, including four rebel fighters, in the flashpoint central city of Homs. Two soldiers killed in separate clashes and one person was killed in the town of Douma, it said.


The British-based Observatory, using its network of contacts in Syria, also reported seven civilians and four soldiers killed in clashes and bombardments in Anadan, north of Aleppo.


The fresh violence erupted a day after U.N. Secretary-General Ban Ki-moon said the conflict was worsening and attacks on civilian areas persisted, despite assurances from Damascus that its troops had begun withdrawing under the peace plan.


Annan, who is mediating for the United Nations and the Arab League, has said both the government and opposition must stop fighting at 6 a.m. (0300 GMT) on April 12, if Damascus meets its deadline 48 hours earlier to pull back troops from cities and cease using heavy weapons in populated areas.


Assad’s opponents have accused the Syrian military of using the run-up to the ceasefire to intensify assaults. Syria has now charged insurgents with doing the same.


“In recent days terrorist acts committed by armed groups in Syria have escalated, especially since an understanding was reached on Kofi Annan’s plan,” it said in a letter to the United Nations released on Friday.


“The international community and the Security Council must take the necessary measures to prevent and stop the funding of any terrorist activities against Syria,” it said.


In the latest violence, activists reported tank fire in at least three urban centres on Friday - the town of Douma near Damascus, the restive city of Homs and Rastan, north of Homs.


“At least 5 tanks and 10 buses loaded with security men and Shabiha (pro-Assad militia) entered Douma,” one local activist said. “There has been shelling on Douma since the morning.”

In Rastan, an activist said Free Syrian Army rebels had confronted a morning tank thrust. “They blocked the advance and the Assad army left. Then artillery started,” he said.


Accounts of the violence are difficult to verify because Syria’s government restricts access to independent journalists.


REFUGEE EXODUS

Assad blames the conflict on foreign-backed “terrorists” and has proposed a parliamentary election on May 7 among other reforms. His opponents dismiss these as a sham, saying it is impossible to have a valid vote while bloodshed continues.


Anti-Assad demonstrations broke out after Friday prayers in the eastern province of Hasakeh, in the town of Qamishli and Deir al-Zor city, activists said. Protesters carried the white and green rebel flag. Some saluted other rebel cities.


Army shelling of villages in the northwestern province of Idlib has prompted a swelling exodus of refugees. Turkey said there were now 23,835 Syrian refugees on its territory.


Over 2,800 arrived on Thursday alone, a Turkish official said, more than double the highest previous one-day total.


They crossed near the Turkish village of Bukulmez and more were waiting to do so, the official said. Forty-four minibuses ferried the arrivals to a refugee camp at Reyhanli.


“The army is destroying buildings and bombing them till they turn to charcoal,” said Mohammed Khatib, a refugee who said he came from Kastanaz, a Syrian town of 20,000 people.


“The army wants people to move out of their houses. If the residents refuse, they destroy them with the people inside.”


Thousands of Syrians have also fled to Lebanon and Jordan. Host countries say they have taken in more than 50,000 since the revolt against 42 years of Assad family rule began a year ago.


Loyalist forces have killed more than 9,000 people during the unrest, according to a U.N. tally. Syria says 6,044 have died, including 2,566 soldiers and police.


Western powers are not convinced Assad will honour the promised truce and believe he may seek loopholes giving him more time to cripple the Free Syrian Army (FSA) and deter protesters.


It is also uncertain whether the FSA has enough control over its fighters to enforce Annan’s ceasefire deadline.


Syria’s U.N. ambassador Bashar Ja’afari said the plan did not require any pullback of police - who have played a big role in the conflict as suggested by the state’s own casualty toll.


Last year the opposition said troops had disguised themselves as police and repainted army vehicles in police colours before the arrival in December of Arab observers sent to monitor what proved an abortive Arab League peace plan.


A Norwegian general attached to U.N. peacekeeping arrived in Damascus on Thursday to examine prospects for an eventual U.N. ceasefire monitoring mission of up to 250 unarmed observers, something which would require a Security Council resolution.


The council, where Russia and China have vetoed two previous Syria resolutions, agreed on Thursday to a statement urging Damascus to meet Annan’s ceasefire deadline.


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Agencies
July 20,2020

Riyadh, Jul 20: Saudi Arabia's King Salman has been admitted to a hospital in the capital, Riyadh, for medical tests due to inflammation of the gallbladder, the kingdom's Royal Court said Monday in a statement carried by the official Saudi Press Agency.

The statement said the 84-year-old monarch is being tested at the King Faisal Specialist Hospital. The brief statement did not provide further details.

King Salman has been in power since January 2015. He is considered the last Saudi monarch of his generation of brothers who have held power since the death of their father and founder of Saudi Arabia, King Abdulaziz.

King Salman has empowered his 34-year-old son, Crown Prince Mohammed bin Salman, as his successor. The crown prince's assertive and bold style of leadership, as well as his consolidation of power and sidelining of potential rivals, has been controversial.

With the support of his father, Prince Mohammed has transformed the kingdom in recent years, opening it up to tourists and eroding decades of ultraconservative restrictions on entertainment and women's rights as he tries to diversify the Saudi economy away from reliance on oil exports.

The prince has also detained dozens of activists and critics, overseen a devastating war in Yemen, and rounded up top members of the royal family in his quest for power.

The Saudi king has not been seen in public in recent months due to social distancing guidelines and concerns over the spread of the coronavirus inside the kingdom, which has one of the largest outbreaks in the Middle East.

He has been shown, however, in state-run media images attending virtual meetings with his Cabinet and held calls with world leaders.

King Salman, who oversees Islam's holiest sites in Makkah and Medinah, was a crown prince under King Abdullah and served as defense minister. For more than 50 years prior to that, he was governor of Riyadh, overseeing its evolution from a barren city to a teeming capital.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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News Network
March 9,2020

Riyadh, Mar 9: Schools and universities will be closed in Saudi Arabia from Monday to control the spread of coronavirus.

The Saudi Ministry of Education said the “preventive and precautionary” measures were recommended by the health authorities and are designed to protect students and staff.

The decision covers all educational institutions, including public and private schools, and technical and vocational training institutions.

“The Minister of Education directed that virtual schools and distance education be activated while the schools are closed to ensure that the educational process continues in an effective and quality manner,” the ministry said.

The Kingdom's Education Minister, Hamad bin Mohammed Al-Asheikh, confirmed that the decision was a precautionary step and said that they are conducting daily and weekly evaluations before returning to school.

Meanwhile, the Minister of Health, Tawfiq Al-Rabiah, confirmed that there have been no coronavirus cases in any educational facility in the Kingdom.

“Thank God, the situation is reassuring, and there has been no case in any educational facility. However, the increasing cases in countries have made us keen to enhance the safety of our sons and daughters. So we coordinated with the Ministry of Education to close the schools temporarily,” he said in a tweet on Sunday.

The education ministry has set up supervision offices to help coordinate the distance learning, and respond to parents’ inquiries.

A new committee set up by the ministry will also ensure the virtual schools are functioning through the distance learning methods provided by the ministry.

These include the virtual school platform (Vschool.sa) and mwterials available from the Apple and Android stores.

It will also provide lessons through the “Ain” TV channeland as well as on YouTube via this link: www.youtube.com/dorosien.

The General Presidency for the Affairs of the Grand Mosque and the Prophet’s Mosque also said on Sunday that it will suspend the visitation programs in its external facilities as part of recommended precautions to prevent the spread of the coronavirus and ensure the safety of visitors.

The facilities include the King Abdulaziz Complex for the Covering of the Holy Kaaba, the Gallery of the Two Holy Mosques, and the Library of the Holy Mosque of Makkah.

“The presidency has taken a series of precautionary measures to prevent the spread of the virus, by intensifying sterilization work that is taking place around the clock, and has been keen on coordination and joint cooperation with all relevant government sectors,” it said in a statement issued on SPA.

It added that these preventive efforts come within the procedures that are being implemented by the Saudi government seeking to combat the spread of the new virus, to protect the people of the Two Holy Mosques in particular, and citizens and residents in the Kingdom in general.

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