Muslim leaders reject Trump's decision on Jerusalem

AL JAZEERA
December 13, 2017

Dec 13: The Organisation of Islamic Cooperation (OIC) has rejected the United States' decision to recognise Jerusalem as the capital of Israel, the group's secretary general announced.

Yousef al-Othaimeen, speaking on Wednesday at the opening of an OIC summit in Istanbul, urged Muslim leaders to work together to present a united response to the move.

"The OIC rejects and condemns the American decision," he said. "This is a violation of international law ... and this is a provocation of the feelings of Muslims within the world ... it will create a situation of instability in the region and in the world."

Speaking ahead of Othaimeen, Palestinian President Mahmoud Abbas said the US has "disqualified" itself from future Israel-Palestine peace talks after proving its "bias in favour of Israel".

Founded in 1969, the 57-member OIC bills itself as "the collective voice of the Muslim world".

President Donald Trump announced on December 6 that the US formally recognises Jerusalem as the capital of Israel and will begin the process of moving its embassy to the city, breaking with decades of US policy.

The decision violated international law, according to Abbas.

"We shall not accept any role for the United States in the peace process, they have proven their full bias in favour of Israel," he said.

"Jerusalem is and always will be the capital of Palestine."

Palestinians envisage East Jerusalem as the capital of a future state, while Israel says Jerusalem, which is under Israeli occupation, cannot be divided.

Abbas' comments were seen as his strongest yet on the issue.

The extraordinary OIC summit was called for by Turkish President Recep Tayyip Erdogan following Trump's announcement.

Speaking at the meeting, Erdogan accused Israel of being a "state of terror" and said the US' recognition of Jerusalem as the capital of Israel has been rebuked by the international community.

"It is null and void … except Israel, no country in the world has supported [this decision]," he said.

"Anyone who walks a few minutes in the streets of Jerusalem will recognise this city is under occupation."

Al Jazeera's Mohammed Adow, reporting from Istanbul, said Erdogan was seeking to "unite the Muslim world" and "come up with a concerted response" to the US' move.

"He faces a daunting task," our correspondent said. "In the hall that he was addressing, there were countries who are not willing to go beyond rhetoric opposition at the expense of sacrificing their relationship with the United States," he said.

Trump's move has provoked a wave of protests from Asia, through the Middle East, to North Africa, with tens of thousands of people taking to the streets in recent days to denounce his decision.

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News Network
May 4,2020

Dubai, May 4: An Indian salesman in the UAE has won a whopping 10 million dirhams at an Abu Dhabi draw, a media report said.

Dileep Kumar Ellikkottil Parameswaran, from Kerala’s Thrissur, works with an auto spare parts company in Ajman and earns 5,000 dirhams (USD 1,361) a month, Gulf News reported on Sunday.

Parameswaran, who won the 10 million dirhams (USD 2.7 million) prize at the Big Ticket draw in Abu Dhabi, will spend a big part of the money to repay a loan of 700,000 dirhams (USD 190,574 ), according to the report.

He said that a good part of the prize money will be spent on the education of his two children.

Parameswaran, who has been a resident of the UAE for 17 years, lives in Ajman along with his family.

Big Ticket is the largest and longest-running monthly raffle draw for cash prizes and dream luxury cars in Abu Dhabi.

A live monthly draw is organized at the Abu Dhabi International Airport on 3rd of each month.

Tickets are sold for 500 dirhams (USD 136).

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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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Agencies
August 8,2020

Beirut, Aug 7: A devastating explosion that destroyed much of Beirut might have been the result of a missile attack or bomb, Lebanese President Michel Aoun said, as the death toll from the blast rose to 154.

More than 2,700 tons of ammonium nitrate had been sitting in a port warehouse for six years, but there have been conflicting accounts about why Lebanese authorities decided to empty the shipment of explosive material. The vessel carrying the flammable cargo was heading from Georgia to Mozambique when it stopped in the Lebanese port to load up on iron, according to the ship’s captain.

By Friday, 19 suspects had been arrested and Lebanon’s former director general of customs Chafic Merhy had been questioned by military police.

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