More than 70 killed in Cairo attack: Muslim Brotherhood

July 27, 2013

Cairo_attackCairo, Jul 27: At least 70 people died on Saturday after security forces attacked supporters of deposed President Mohamed Morsi in Cairo, Muslim Brotherhood spokesman Gehad El-Haddad said, adding the toll could be much higher.

Al Jazeera's Egypt television station reported 120 had died and some 4,500 had been injured in the early morning violence on the fringes of a round-the-clock vigil being staged by backers of Morsi near a Cairo mosque.

Brotherhood spokesman Gehad El-Haddad said the shooting started shortly before pre-dawn morning prayers on the fringes of a round-the-clock vigil being staged by backers of Morsi, who was ousted by the army more than three weeks ago.

"They are not shooting to wound, they are shooting to kill," Haddad said. "The bullet wounds are in the head and chest."

A reporter at the scene saw 20 bodies under white sheets laid out on the blood-splattered floor of a field hospital set up at the Brotherhood sit-in at Rabaa al-Adawiya, a mosque in northeast Cairo.

Other bodies had been taken to different hospitals and as many as 1,000 people had been injured, Haddad said.

Supporters and opponents of Morsi staged mass rival rallies across the country on Friday, bringing hundreds of thousands into the streets and laying bare deep divisions within the Arab world's most populous country.

Well over 200 people have died in violence since the overthrow of Morsi, including at least nine on Friday, most of them Brotherhood supporters.

Army chief General Abdel Fattah al-Sisi, who played a central role in the overthrow of Morsi following huge demonstrations against his year-long rule, called for Egyptians to rally on Friday to give him a mandate to tackle "violence and terrorism".

Hundreds of thousands heeded his call, but Muslim Brotherhood supporters also staged mass, counter-rallies, demanding the reinstatement of Morsi, who was placed under investigation on Friday for a raft of crimes, including murder.

"Live rounds"

Haddad said police started firing repeated rounds of teargas sometime after 3:00am (0100 GMT) at protesters who had spilled out of the main area of the Rabaa sit-in and were on a main thoroughfare close to 6th October Bridge.

"Through the smog of the gas, the bullets started flying," he said. In addition to "special police forces in black uniforms" firing live rounds, he said that snipers shot from the roofs of a university, buildings in the area, and a bridge.

State news agency MENA quoted an unnamed security source as saying that only teargas was used to disperse protesters. He said no firearms were used.

Haddad said the pro-Morsi supporters had used rocks to try to defend themselves. On the podium outside the Rabaa mosque, a speaker urged people to retreat from the gunfire, but "men stayed to defend themselves because women and children are inside the sit-in", he said.

It was the second time this month there had been a mass killing near Rabaa. On July 8, 53 people died when armed men shot into a crowd after morning prayers close to a Republican Guard compound in the area.

"This is much more brutal because the Republican Guard looked like a tactical military operation. This one looks like a much more brutal aggression," Haddad said.

Egypt's army-installed interior minister, Mohamed Ibrahim, said on Friday that the month-old Cairo vigils by Morsi supporters would be "brought to an end, soon and in a legal manner", state-run al Ahram news website reported.

Sisi's rising star

There is deepening alarm in the West over the army's move against Morsi. The country of 84 million people forms a bridge between the Middle East and North Africa and receives $1.5 billion a year in mainly military aid from Washington.

Fireworks lit up the night sky over Cairo's central Tahrir Square into the early hours of Saturday, where army supporters rallied clutching posters of Sisi in full ceremonial uniform.

In a sign of the general's rising star, many of the posters depicted him alongside Gamal Abdel Nasser and Anwar Sadat, former military officers who went on to become presidents.

The investigation into Morsi centres on accusations that he conspired with the Palestinian Islamist group Hamas to escape from jail during the 2011 uprising against veteran autocrat Hosni Mubarak, killing some prisoners and officers, kidnapping soldiers and torching buildings.

Morsi has said local people helped him escape during the upheavals. Hamas challenged investigators to find "one piece of evidence" that it had meddled in Egyptian affairs.

The Brotherhood has rejected the allegations as "fantasy".

The army has appointed an interim government tasked with preparing for parliamentary elections in about six months followed by a new presidential vote. The Brotherhood says it will not join the process.

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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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News Network
January 16,2020

Dubai, Jan 16: The UAE Ministry of Climate Change and Environment on Wednesday announced that it has banned the import of birds, some eggs and meat products from Hungary and Slovakia.

The ministry said the decision was taken following a notification from the World Organization for Animal Health (OIE) on the outbreak of a highly pathogenic strain of bird flu, H5N2, in the two countries.

Accordingly, the ministry has banned "the import of all species of domestic and wild live birds, ornamental birds, chicks, hatching eggs, meats and meat products and non-heat-treated wastes from Hungary and Slovakia".

It has also regulated the import of poultry meat and non-heat-treated products, requiring a health certificate for the export of meat and meat products from the two countries to release consignments into the UAE.

A health certificate will be needed for the import of eggs, the ministry added.

However, thermally-treated poultry products (meat and eggs) have been cleared for import from all parts of Hungary and Slovakia.

Kaltham Ali Kayaf, Acting Director, Animal Development & Health Department at the ministry, said: "These measures reiterate the ministry's keenness in achieving its strategic objectives including enhancing bio-security levels and eliminating pathogens before they enter the country. In doing so, the ministry prevents the bird flu virus and related risks and impacts on the country's poultry health and safety, in addition to protecting public health and well-being."

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News Network
March 11,2020

Mar 11: Energy giant Saudi Aramco on Wednesday said it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies.

"Saudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 million bpd," the company said in a statement to the Saudi Stock Exchange.

The decision comes a day after the world's top exporter, Saudi Arabia, decided to hike production by at least 2.5 million bpd to a record 12.3 million from April.

The Saudi moves come after the collapse of an oil production reduction agreement between OPEC and non-OPEC producers, including Russia.

The deal proposed by Saudi Arabia called for additional output cuts of 1.5 million bpd to cope with the severe economic impact of the coronavirus which has sharply reduced world demand for crude.

Boosting production capacity normally takes a long time and requires billions of dollars of investment.

Several years ago, the kingdom had shelved plans to boost its crude production capacity beyond 12 million bpd after demand for OPEC oil declined in the face of stiff competition from North American shale oil and other sources.

Russia on Tuesday said it was open to renewing cooperation with the OPEC cartel even as its kingpin Saudi Arabia escalated a price war with Moscow by announcing it would flood markets with new supplies.

The oil price war broke out after OPEC and a group of non-member countries dominated by Russia -- the world's second largest producer -- on Friday failed to agree on production cuts.

Saudi Arabia responded by announcing unilateral price cuts. This prompted the oil price to plummet and fuelled huge falls on stock markets around the world on Monday.

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