‘Observe Ramadan in the true spirit of Islam’

June 28, 2014

Riyadh, Jun 28: Imams in mosques throughout the Kingdom, including those in Makkah and Madinah, welcomed on Friday the holy month of Ramadan with an immense sense of piety and requested their respective congregation to strictly follow the teachings of the Holy Qur’an during the fasting period.

Observe RamadanThe Supreme Court in Riyadh called on all Muslims in the Kingdom to sight the crescent of the lunar month of Ramadan on Friday evening. In its announcement, the court requested that whoever spots the crescent of the blessed month of Ramadan to report to the nearest court and register his testimony, or report to the authority of the regional governorate.

The General Directorate of Civil Defense warned citizens and residents of the common accidents that occur in the kitchens during the preparation of iftar (meal taken to break the fast).

“The accidents are mainly caused due to high temperatures and the failure to follow proper methods in dealing with the tools to prepare food during the frying process,” spokesman for the Civil Defense Col. Abdullah Al-Orabi Al-Harthy said Friday.

He pointed out that more than 30 percent of fire accidents in houses during Ramadan happen while frying food before the iftar time. He said that during this time, there is an increased power consumption which leads to some electrical outages.

In Makkah, the imam requested worshippers to observe the holy month in the true spirit of a Muslim according to the teachings of the Islamic faith. Ramadan is a month full of happiness and piety for all Muslims, the imam said, pointing out that it’s a month which advocates peace, unity and understanding among Muslims. The Holy Qur’an was first revealed to humanity during the latter part of this month.

In his sermon on Friday, the imam of the Prophet's Mosque in Madinah said the holy month provides a good opportunity for Muslims to cultivate healthy habits.

Explaining the values and virtues of the month, he said good deeds performed by Muslims during this month will be richly rewarded by Almighty Allah. “Those who perform good deeds will enter paradise in the hereafter, while those who ignore the tenets of the religion would meet with severe punishments.”

The imam also reminded Muslims to give Zakat (charity) during this month and refrain from all actions abhorred by the religion.

An imam in King Abdullah Mosque in Malaz in Riyadh described Ramadan as the month of charity and requested Muslims to help the needy to alleviate poverty. “Helping the less fortunate is a must during the holy month,” he stressed.

He also requested members of the congregation to cultivate the habit of fasting among their children during this holy month.

An imam in another mosque said that Islam allows the sick to abstain from fasting but he stressed that they have to feed the poor to compensate for the days they don’t fast.

Pregnant and lactating mothers can refrain from fasting but they have to cover the lost days when they return to normal.

“The month is an ideal opportunity for people to unlearn bad habits and cultivate healthy behavioral patterns.”

Quoting an Islamic reference, an imam at a mosque in Nasseriyah said: “A day of fasting during this holy month will keep a Muslim away from hell for 70 years. ”

"You must mentally prepare yourselves to perform meritorious work during the holy month of Ramadan which comes once a year,” the imam said.

Emphasizing the importance of fasting, he said : “The fasting person seeks closeness to Allah by avoiding all desires, giving love of Allah precedence over the love for himself.”

"In fasting there are advantages, benefits and attainment of rewards and proximity to the Creator.”

Exhorting Muslims to step up their pious and charitable acts and do deeds that strengthen social and filial ties in the month of Ramadan, he further said that they should vie with each other in obeying the commands of God by doing virtuous deeds and helping others.

"Fasting in Ramadan serves as a shield against evil temptations as the gates of Jahannam (Hell) will be shuttered and the gates of Jannah (Paradise) will be wide open,” he said, adding that it is an opportunity to immerse oneself in worship during the month, which is also an occasion for joy and communal celebrations.

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Khaleej Times
May 27,2020

Dubai, May 27: As the authorities have taken steps to ease the Covid-19 restrictions to allow the people of Dubai to resume sporting activities from Wednesday, May 27, the Dubai Sports Council has answered your key questions.

Q&A

What are the age groups allowed to practice sports during this period?

From 12 years old to 60 years old.

Is it required to do the Coronavirus (Covid 19) medical test certificate before resuming physical activity?

Returning to the activity does not require a Coronavirus (Covid 19) test certificate.

Is it allowed for the elderly with chronic diseases to return to sports activities in fitness and yoga centers?

No, it is not allowed.

Is it allowed to use the shower cabins and bathrooms in fitness and yoga centers?

Shower cabins, saunas and jacuzzis are not allowed, while bathrooms are allowed, with sterilisation being emphasised after each use.

What sports can resume its activities?

All sports except water sports/swimming and that are practiced indoors and swimming pools.

What is the approved operational percentage within the sports facility?

A maximum 50% capacity

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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
April 30,2020

Riyadh, Apr 30: Saudi Arabia on Thursday recorded 1,351 new coronavirus cases in the last 24 hours, bringing the total number of infections in the country to 22,753, the Ministry of Health said in a statement.

The ministry also announced 5 more deaths and 210 new recoveries, raising the total number of fatalities and recoveries to 162 and 3,163 respectively.

Riyadh with 440 cases topped the list, followed by 392 cases in Makkah, 120 in Jeddah and 119 in Madinah.

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