Saudi king's visit highlights China's Middle East engagement

March 16, 2017

Beijing, Mar 16: Saudi Arabia's King Salman began a visit to Beijing Thursday that highlights growing ties underpinned by China's thirst for Saudi oil and the kingdom's status as a key link in Beijing's bid to connect China to Europe through infrastructure development.

Saudi

Salman went immediately into talks with President Xi Jinping following a formal welcoming ceremony at the Great Hall of the People, the seat of China's legislature. The 81-year-old monarch's visit is part of a monthlong swing through Asia in a push to develop a less oil-dependent growth strategy.

During Salman's visit to Tokyo earlier this week, the Saudi sovereign wealth fund announced a new $25 billion technology fund with telecom giant Softbank.

Beijing for its part is rolling out a trade and investment initiative across Central Asia and the Middle East called "One Belt, One Road," and sees the desert kingdom as a regional linchpin.

In opening remarks at their meeting, Xi said he looked forward to discussing projects under development, and said results so far "have surpassed our expectations."

Security ties between the two have also grown significantly, with the Saudi air force deploying Chinese unmanned attack drones and the two militaries holding joint counter-terrorism exercises in western China. Chinese navy vessels have also visited the Saudi port of Jeddah as part of increasingly active maneuvers in the Gulf of Aden.

Chinese officials say their overriding security interest in the Middle East is to prevent ethnic Uighur fighters who have left western China and joined militant groups in Syria and Iraq from returning to strike at China.

"China's Uighur ethnic minority is a key if sometimes under-appreciated factor in Beijing's Middle East strategy," said Andrew Scobell, a political scientist at the RAND Corporation.

Xi has signaled his desire to play a bigger role in the region as part of China's quest for resources, markets and increased global influence on a par with its economic heft. In a major speech before the Arab League in Cairo last year, Xi indirectly alluded to how the U.S. presence had waned and how China hoped to present an alternative.

"Instead of looking for a proxy in the Middle East, we promote peace talks," Xi said. "Instead of attempting to fill the vacuum, we build a cooperative partnership network for win-win outcomes."

A relative newcomer to the Middle East's complicated politics, China has tried to maintain friendly ties with all sides, despite sometimes conflicting geopolitical interests.

Beijing has backed President Bashar al-Assad in the Syrian conflict, while Saudi Arabia has insisted on Assad's ouster and has supported the Syrian opposition, including Islamic militant groups unfriendly to China over Beijing's sometimes harsh treatment of its Muslim minority.

China has also maintained close ties to Saudi Arabia's bitter enemy Iran.

Salman, who is traveling with a 1,500-strong company of businessmen, princes and support staff in close to a dozen aircraft, is next due to visit the Indian Ocean island nation of the Maldives. Along with Japan, he earlier visited Indonesia, Malaysia and Brunei.

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News Network
March 18,2020

Riyadh, Mar 18: Private-sector businesses in Saudi Arabia on Wednesday were ordered to introduce enforced remote working for all employees for 15 days in an attempt to prevent the spread of the coronavirus.

Businesses that require staff to be physically present to ensure they continue to operate — including those in vital or sensitive sectors such as electricity, water and communications — must reduce the number of workers in their offices to the bare minimum. This can be no more than 40 percent of the total number of staff.

In such cases precautionary measures set by the Ministry of Health must be followed. At offices, and staff accommodation, with more than 50 workers, an area at the entrance must be provided where temperatures can be taken and symptoms checked.

Employers must also set up a mechanism for workers to report any symptoms, such as high temperature, coughing or shortness of breath, or contact they have had with infected individuals or people who recently returned from other countries without following proper Ministry of Health quarantine procedures.

Inside offices, a safe amount of space between employees must be maintained at all times. In addition, all health clubs and nurseries provided by employers must close.

Pregnant women and new mothers, people suffering from respiratory diseases, those with immune-system problems or chronic conditions, cancer patients and employees above the age of 55 are to be given 14 days compulsory paid leave, which will not be deducted from their annual entitlement.

Businesses that are excluded from the new measures include pharmacies and supermarkets, and their suppliers. Private-sector organizations that provide services to government agencies must contact them before suspending workplace attendance. Any other business that considers it impossible to operate with only 40 percent of staff in the workplace must submit an exemption request to the authority that supervises it.

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News Network
May 5,2020

Abu Dhabi, May 5: The overall real GDP (gross domestic product) of the United Arab Emirates is estimated to have grown by 1.7 percent in 2019, the country’s central bank said in a statement on Monday carried by WAM.

"The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 percent in 2019. However, non-oil activities advanced at a softer pace growing by 1.0 percent. As a result, overall real GDP is estimated by FCSA (Federal Competitiveness and Statistics Authority) to have grown by 1.7 percent in 2019," said the financial regulator in its Annual Report 2019.

"The spread of COVID-19 is expected to impact trade and supply chain movements, coupled with travel restrictions which paves way for high volatility in capital markets and commodity prices. While the outbreak is expected to negatively affect the global and domestic economies, it is still early to gauge the scale of the economic fallout," the report added.

The report noted that the higher hydrocarbon output, as well as growth in non-hydrocarbon economic activity, supported the pace of the country's overall economic growth in 2019.

"Meanwhile, the fading effect of VAT, the appreciating Dirham, lower energy prices and decline in rents pushed inflation in negative territory. However, the employment rate registered a steady rebound. Looking ahead, the economic outlook for 2020 remains uncertain owing to the COVID-19 outbreak," the report elaborated.

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News Network
April 25,2020

Riyadh, Apr 25: Saudi Arabia announced nine deaths and 1,197 new cases of the COVID-19 virus on Saturday.

Of these cases, 120 were recorded in Madinah, 364 in Makkah, 271 in Jeddah, 170 in Riyadh and 43 in Dammam.

The number of people who had recovered from the coronavirus in the Kingdom increased to 2,214 after 165 patients were reported to have recovered.

A total of 136 people have died of the disease in the Kingdom so far.

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