GCC alert over radiation fears

April 15, 2013

GCC_Alert

Riyadh, Apr 15: The GCC yesterday expressed deep concerns over the possible radiation leaks following an earthquake in the area and called on the International Atomic Energy Agency to rush inspectors to check the vulnerability of the Bushehr nuclear plant.

“The GCC has asked the IAEA to send a special technical team to inspect the plant and investigate potential damage,” GCC chief Abdullatif Al-Zayani said.

Iran is the only country operating a nuclear power plant that does not belong to the international convention, negotiated after the 1986 nuclear disaster in Chernobyl, which contaminated a wide area and made 160,000 Ukrainians homeless.

The meeting was called to discuss the risk of radiation spreading over the Gulf if Iran’s nuclear power plant is damaged by another earthquake or by any other natural or unnatural occurrence.

The nuclear plant on earthquake-prone Iran’s southern coast is a major risk for the Gulf states, especially Saudi Arabia and Kuwait, which can be the first victims of any radiation depending on the direction of the wind.

Al-Zayani urged Tehran to maintain full transparency in its nuclear file, join the agreement on nuclear safety and enforce maximum safety standards in its facilities.

He added that Tehran has not been complying with the nuclear safety guidelines. Al-Zayani said that “the Gulf states must have a joint plan to collectively deal with any possible leak from the Iranian facility.”

He said the Gulf states have previously urged Tehran to ensure that its facility complies with international safety standards and join the Convention on Nuclear Safety, but Tehran did not pay any attention.

The GCC officials reviewed the emergency plans of the individual member states. Gulf states are also working to establish a center to monitor nuclear radiation. This is in addition to the rapid deployment team created by the GCC to face repercussions of a possible accident at Bushehr plant, which is located just across the Gulf waters.

A report by the Geneva-based Euro-Arab Environment Organization published recently warned that the GCC states could be the first victims of any nuclear radiation from the Iranian plant.

In the event of any radiation leak, “Saudi Arabia and Kuwait can be hit first in case the wind is blowing from north to the south,” said the report.

It said that although the nuclear plant is located on Iranian territory, it is estimated that around 10 percent of that country’s population could be affected by radiation, while 40-100 percent of the GCC population could suffer.

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News Network
May 5,2020

Dubai, May 5: Saudi Arabian prosecutors have ordered the arrest of a Saudi citizen for insulting an Asian expatriate and abusing him for not embracing Islam.

A video went viral online showing the expat, apparently with little knowledge of the Arabic language, being insulated by an Arabic-speaking man who does not appear in the clip, for having not embraced Islam and for not fasting.

A monitoring centre affiliated with the public prosecution examined the video the content of which “shows the citizen’s use of abusive words against the Asian resident on the pretext of inviting him to Islam,” the prosecution source said.

“The public prosecution closely follows up whatever infringes rights of citizens and residents including harm to their dignity and legal rights regardless of pretexts of such infringement,” the source added.

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News Network
July 18,2020

Dubai, July 18: An NRI student who passed away in Dubai shortly after shortly after attempting his Central Board of Secondary Education (CBSE) Grade 12 papers in March, has scored an impressive 91.4 per cent on his board examinations, including 100 in his media studies paper.

Ahmed Ziyad, a student of GEMS Our Own Indian School in Al Qouz, Dubai, died on March 19, suffered a heart condition called Hypertrophic cardiomyopathy (HCM) that stopped him from being active in sporting activities.

Ziyad's parents, teachers, and classmates remember him as a very ambitious pupil, who wanted to launch his own business and achieve great things in his life. His board results are - mass media studies 100, Marketing 97, English 84, Entrepreneurship 82, and Home Science 94.
 
Ziyad's father, Shanavaz Manangath, a real estate professional who has been a resident of Dubai for over two decades said, "Six months ago, he had collapsed while playing with his friends. Since there was an irregularity in his heartbeat, he could not take part in any strenuous activities." He added, "Ziyad had just started playing with his friends on March 19 when he suddenly collapsed and died shortly after. My family has not been able to overcome his loss."

Unable to hold back his tears, an emotional Manangath said Ziyad wanted to do his BBA and launch his own business, "He was very ambitious. Honestly, I haven't looked into his board exam results, but, I know he had studied very hard for the exams."

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News Network
January 12,2020

Dubai, Jan 12: Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on December 11. It hit hit upwards of $10 a share on the second day of trading. This gave Aramco a market capitalization of $2 trillion, making it comfortably the world's most valuable company.

Aramco's additional sales mean the company has publicly floated 1.7% of its shares. It's IPO, even before the added sales, was the world's largest ever.

The shares sold in the over-allotment option "had been allocated to investors during the book-building process and therefore, no additional shares are being offered into the market today," Aramco said.

Company shares traded down on Sunday, dipping to around 34.7 riyals, or $9.25 a share, amid heightened tensions in the Persian Gulf between Iran and the United States. Aramco was a target of rising tensions over the summer when a missile and drone attack, which Saudi Arabia and the US blame on Iran, temporarily halved its production.

Sunday's trading figures value Aramco at $1.85 trillion, still well ahead of Apple, the second largest company in the world after Aramco, but below the $2 trillion mark sought by Crown Prince Mohammed bin Salman.

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