New era in Saudi-UAE ties

February 17, 2015

Jeddah, Feb 17: Custodian of the Two Holy Mosques King Salman and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan, deputy commander of the UAE armed forces, held talks in Riyadh on Monday, opening a new era in Saudi-UAE strategic ties.King Salman and Mohammed bin Zayed

“King Salman and Sheikh Mohammed explored prospects of expanding cooperation between the two countries and discussed major regional and international developments,” said an official statement.

Crown Prince Muqrin, deputy premier, Riyadh Gov. Prince Faisal bin Bandar, National Guard Minister Prince Miteb bin Abdullah, Deputy Crown Prince Mohammed bin Naif, second deputy premier and minister of interior, and Defense Minister Prince Mohammed bin Salman attended the talks.

King Salman earlier received Sheikh Mohammed at Riyadh airport, breaking royal protocols, reflecting the strong relations between the two GCC countries and their joint push for bolstering regional stability.

King Salman also hosted a luncheon at his palace in honor of Sheikh Mohammed and his accompanying delegation. Senior princes, ministers and high-ranking officials, attended the banquet. Sheikh Mohammed left Riyadh later in the day.Saudi academics and economists have highlighted the strong relations between Saudi Arabia and the UAE and its strong impact on regional security and stability. Wahid Hamza Hashim of King Abdulaziz University described the two countries as strategic partners. “There has been good coordination and cooperation between them for the past several decades,” he said.

Fahd bin Siban Al-Sulami, a member of the board of directors of Jeddah Chamber of Commerce and Industry, said the visit of Sheikh Mohammed and his meeting with King Salman reflected the strong and strategic ties.

UAE Economy Minister Sultan Al-Mansouri said there is good understanding between Riyadh and Abu Dhabi on political and economic issues. “Our two countries represent the largest economies in the Middle East,” he said, adding that their bilateral trade crossed SR75 billion. “This figure represents about half of the total trade between the six GCC countries,” he pointed out.

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News Network
January 7,2020

Tehran, Jan 7: Iranian state television says 35 people have been killed and 50 others injured in a stampede that erupted at a funeral procession for a general slain in a US airstrike.

The TV says the stampede erupted in Kerman, the hometown of Gen. Qassem Soleimani where the procession was underway on Tuesday.

A procession in Tehran on Monday drew over 1 million people in the Iranian capital, crowding both main thoroughfares and side streets in Tehran.

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News Network
April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

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Angry Indian
 - 
Monday, 27 Apr 2020

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

 

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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Agencies
July 23,2020

Abu Dhabi, Jul 23: Muslims in the United Arab Emirates have been asked to perform Eid Al-Adha prayers at home even as mosques will be allowed to operate at an increased capacity of 50 percent from Aug. 3.

Mosques in the UAE have been operating at 30 percent capacity after they reopened on July 1.

Announcing the move, Dr. Saif Al Dhaheri, the official spokesman for the National Emergency, Crisis and Disasters Management Authority, stated that after assessing the situation and coordinating with the concerned authorities, it was decided that Eid Al-Adha prayers would be conducted in homes and takbeers broadcast through visual and audio means.

He also announced that the Emirates Fatwa Council has recommended that donations and sacrifices should be to official charitable causes in the country only.

Al Dhaheri advised the public to donate during this time to the official charitable bodies in the country with sacrifices and donations, through smart applications concerned with sacrifices or through slaughterhouses outlined by the local authorities that guarantee the application of precautionary and preventive measures and provide remote services without the need to enter livestock markets or slaughterhouses.

Al Dhaheri stressed the need to avoid family visits and gatherings, and replace them using electronic means of communication or phone contact, as well as refraining from distributing Eid gifts and money to children and individuals during this occasion recommending to instead use of electronic alternatives.

Al Dhaheri pointed out that it is necessary to avoid visiting pregnant women, children and those with chronic diseases who are most vulnerable to COVID-19 and not to allow them to leave the home and avoid going out to public places to preserve their health and safety.

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