UAE standing with Saudi Arabia to confront challenges: Mohamed bin Zayed

Agencies
September 5, 2019

Abu Dhabi, Sept 5: The United Arab Emirates is strongly standing with the Kingdom of Saudi Arabia to confront challenges, affirmed His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

''UAE and Saudi Arabia are standing as partners in one trench to face besetting challenges. Our shared goals are security of the UAE and Saudi Arabia and stability of the whole region. We also share a common destiny and future,'' Sheikh Mohamed said while opening the Presidential Guard Martyrs' Park this evening in Mahawi Camp in Abu Dhabi, in tribute, memory and recognition of the nation's martyrs and their heroism and sacrifices.

''The ultimate sacrifices offered by our martyrs in defence of right and duty are source of pride and dignity and represent medals of honour and glory for Emiratis generation after generation,'' Sheikh Mohamed added.

Sheikh Mohamed noted that states are facing continuous challenges - whether small, big or daunting - and states that want to build themselves and have tracks like those of advanced nations should survive and surmount tremendous challenges and difficulties.

''Our participation in the Arab Coalition and our confrontation to challenges have made the UAE more stronger, vehemently resolve and well aware of how to face difficulties,'' Sheikh Mohamed underscored.

Speaking about the Safir incident in Yemen, Sheikh Mohamed said:'' The UAE offered precious lives and bloods there, however, we survived that painful day and became more stronger and resolute.

Thanks to Allah, we passed that day with more determination and iron will. Sacrifices of our martyrs are great and the stance of their families are historic and honourable.''

"May the blessings of Allah be upon the parents of martyrs, who raised the generation that we are extremely proud of. We also pray to Allah to have mercy on our martyrs' souls and to reward their sacrifices with Paradise," he said.

Sheikh Mohamed also extended thanks to all those who served the country and sacrificed to ensure all Emiratis head are always held high.

"We will continue remembering our martyrs and commemorate their heroic sacrifices and the values they upheld. They are the source of pride and inspiration to all Emiratis and from them, our generations draw the values of selfless giving and patriotism," he added.

The opening ceremony was attended by Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, Sheikh Khalifa bin Tahnoun bin Mohammed Al Nahyan, Executive Director of the Martyrs Families' Affairs Office of the Abu Dhabi Crown Prince, Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, Khaldoon Khalifa Al Mubarak, Chairman of Abu Dhabi Executive Affairs Authority, EAA, and Mohamed Mubarak Al Mazrouei, Under-secretary of the Abu Dhabi Crown Prince's Court.

Upon his arrival to Mahwi Camp, Sheikh Mohamed was received by Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the Armed Forces, and commanders of units at the UAE Armed Forces.

Sheikh Mohamed toured the Park and placed the name of the first martyr from the Presidential Guards on the mural. Sheikh Hazza, Sheikh Mansour and senior armed forces officers followed by placing rest of the names.

Sheikh Mohamed was briefed on the Park and its main feature, an 11 meter long and 180 centimeter high mural, engraved with the names of Presidential Guard martyrs. Another feature is a model of the historic landmark Al Maqta Tower, which served as a watchtower to protect the city of Abu Dhabi. The water flowing from the structure and the surrounding palm trees symbolise the eternal memory of the martyrs. The Park is also fenced with a collection of Islamic style arches.

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News Network
April 20,2020

Riyadh, Apr 20: Six more people have died in Saudi Arabia after contracting coronavirus as 1,122 new coronavirus cases were reported on Monday.

The Saudi health ministry said that total number of cases in the Kingdom had increased to 10,484. It also recorded 92 new recoveries, raising the total to 1,490.

The ministry said precautionary measures shall remain to limit the virus spread.

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News Network
March 11,2020

Riyadh, Mar 11: Energy titan Saudi Aramco said Tuesday it will boost crude oil supplies to 12.3 million barrels per day in April, flooding markets as it escalates a price war with Russia.

Riyadh had already slashed its price for April delivery after Russia refused its proposal that producer alliance OPEC+ orchestrate a co-ordinated cut of 1.5 million barrels per day.

The production cut had been mooted to shore up global oil prices, which have gone into meltdown as the deadly new coronavirus casts a pall over the world economy, but now price cuts and rising output indicate an unravelling of OPEC+ co-operation.

"Saudi Aramco announces that it will provide its customers with 12.3 million barrels per day of crude oil in April," the company said in a statement to the Saudi stock exchange.

Saudi Arabia, the world's biggest crude exporter has been pumping some 9.8 million bpd so its announcement on Tuesday means it will be adding at least 2.5 million bpd from April.

"The Company has agreed with its customers to provide them with such volumes starting 1 April 2020. The Company expects that this will have a positive, long-term financial effect," the statement said.

Saudi Arabia says it has an output capacity of 12 million bpd but it is not known for how long it can sustain such levels.

The kingdom also has millions of barrels of crude stored in strategic reserves to be used when needed and is expected to use it to provide the extra supply to the global market.

"Production above 12 million bpd shows the Saudis have something to prove," director of Britain-based RS Energy Bill Farren-Price said.

"This is a grab for market share. The taps are open and the prices have been cut sharply," Farren-Price told AFP.

In a quick response, Russian Energy Minister Alexander Novak said Moscow could boost production in the short term "by 200,00-300,000 bpd, with a potential of 500,000 bpd in the near future".

But he stressed that Moscow was in favour of extending a December agreement that had seen OPEC and Russia agree to cut production by 500,000 barrels per day in 2020, lowering output from October 2018 levels by 1.7 million barrels per day.

The events of recent days have signalled a disintegration of collaboration between OPEC and Russia.

Russia is a non-OPEC member and the world's second-biggest oil producer, but Moscow and other non-members have in recent years co-operated with the oil cartel in an arrangement known as OPEC+.

The Saudi price cuts over the weekend, which were the first salvo in the price war, sent oil prices crashing -- registering the single biggest one-day loss in three decades on Monday.

Saudi Arabia draws around 70 per cent of its revenues from oil, and the revenues are key to ambitious reform programmes launched by Crown Prince Mohammed bin Salman.

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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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