Advance UN truce monitors arrive in Yemen’s Hodeidah

Retired Dutch general Patrick Cammaert in Aden. (File/AFP)
Updated 24 December 2018
Follow

Advance UN truce monitors arrive in Yemen’s Hodeidah

  • Retired Dutch general Patrick Cammaert is heading a joint committee including members of the government and the Houthi rebels
  • He stopped in Sanaa before he arrived in Hodeidah

UNITED NATIONS: A UN advance team arrived in Yemen’s port city of Hodeidah on Sunday to start monitoring a cease-fire and withdrawal of forces agreed by the Iranian-aligned Houthi group and Saudi-backed government forces, the United Nations said.

The warring parties in Yemen’s nearly four-year war reached the deal at UN-sponsored peace talks in Sweden earlier this month. The truce began on Tuesday but skirmishes continued on the outskirts of the city.

The UN Security Council on Friday unanimously approved the deployment — for an initial 30 days — of an advance monitoring team led by retired Dutch General Patrick Cammaert. He is chair of a Redeployment Coordination Committee (RCC) that includes representatives from both sides of the conflict.

“General Cammaert is encouraged by the general enthusiasm of both sides to get to work, immediately. One of the priorities in the coming days will be the organization of the first joint RCC meeting, which is projected for 26 December,” UN spokesman Stephane Dujarric said in a statement.

Cammaert’s team, which the United Nations has said will not be uniformed or armed, will oversee the truce and troop withdrawal from Hodeidah city and three ports.

The United Nations will also provide support for the management of and inspections at the ports of Hodeidah, Salif and Ras Issa; and strengthen its presence in the war-torn region.

Hodeidah, the main port used to feed Yemen’s 30 million people, has been the focus of fighting this year, raising fears abroad that a full-scale assault could cut off supplies to nearly 16 million people suffering from severe hunger.

The deal reached in Sweden is meant to pave the way for a wider cease-fire in the impoverished country and a second round of talks in January on a framework for political negotiations.

A Sunni Muslim Arab alliance led by Saudi Arabia and the United Arab Emirates entered the war in 2015 against the Houthis to restore the internationally recognized government of Abd-Rabbu Mansour Hadi, which was ousted from the capital Sanaa.

The Houthis control most urban centers, including Sanaa, while Hadi’s government is based in the southern port of Aden.


In telephone call, Deputy PM Dar and Saudi FM discuss Crown Prince’s visit to Pakistan, bilateral cooperation

Updated 4 min 46 sec ago
Follow

In telephone call, Deputy PM Dar and Saudi FM discuss Crown Prince’s visit to Pakistan, bilateral cooperation

  • Deputy PM Ishaq Dar this month said the much-awaited visit was ‘on the cards,’ but neither side has confirmed any dates
  • The statement came amid Pakistan and Saudi Arabia’s efforts to increase bilateral trade and reach investment agreements

ISLAMABAD: Pakistan’s Deputy Prime Minister Ishaq Dar on Sunday held a telephonic conversation with Saudi Foreign Minister Prince Faisal bin Farhan and discussed with him Crown Prince Mohammed bin Salman’s proposed visit to Pakistan as well as bilateral cooperation between the two countries, the Pakistani foreign ministry said.

Dar this month said the much-awaited visit of the Saudi Crown Prince to Islamabad was “on the cards” and could materialize “any time” during May. But neither of the two sides has confirmed any dates.

His statement followed a series of high-level engagements between the two countries, including the visits of Pakistan PM Shehbaz Sharif to the Kingdom and a visit of the Saudi foreign minister to Islamabad.

On Sunday, Dar and the Saudi foreign minister discussed bilateral relations between Pakistan and Saudi Arabia, exploring various avenues for further strengthening cooperation across multiple sectors.

“They reviewed preparations for the visit of the Crown Prince and Prime Minister of Saudi Arabia His Royal Highness Prince Mohammed Bin Salman Al-Saud to Pakistan,” the Pakistani foreign ministry said in a statement.

“Deputy Prime Minister Ishaq Dar underlined that people of Pakistan are eagerly looking forward to the visit of His Royal Highness at a mutually agreed date.”

Pakistan and Saudi Arabia have lately been working to increase bilateral trade and investment, with the Crown Prince last month reaffirming the Kingdom’s commitment to expedite an investment package of $5 billion.

A high-level Saudi business delegation, led by the Kingdom’s Assistant Minister of Investment Ibrahim Al-Mubarak, this month visited Pakistan to explore investment opportunities in various sectors, including mineral, energy, agriculture and petroleum.

The visit by the Saudi Crown Prince would mark his first trip to Pakistan in the last five years. His previous visit took place in February 2019 during the tenure of former prime minister Imran Khan.

On Saturday, Pakistan’s Interior Minister Mohsin Naqvi said the proposed visit would prove to be a “game changer” in bilateral ties between both countries.

“The historic brotherly friendship of Saudi Arabia and Pakistan is turning into a beneficial economic relationship,” Naqvi was quoted as saying by his ministry. “The people of Pakistan are looking forward to the visit of the Crown Prince of Saudi Arabia.”

Pakistan and Saudi Arabia enjoy strong trade, defense, and cultural ties. The Kingdom is home to over 2.7 million Pakistani expatriates and serves as a top source of remittances to the cash-strapped South Asian country.

Saudi Arabia has also often come to cash-strapped Pakistan’s aid by regularly providing it oil on deferred payment and offering direct financial support to help stabilize its economy and shore up its forex reserves.


Saudi Arabia launches 1,000 Qur’an memorization sessions for Hajj season

Updated 6 min 11 sec ago
Follow

Saudi Arabia launches 1,000 Qur’an memorization sessions for Hajj season

  • Qualified Saudi teachers will lead these efforts to enrich the experience of pilgrims

RIYADH: Sheikh Abdulrahman Al-Sudais, head of the Presidency of Religious Affairs at the Grand Mosque and the Prophet’s Mosque, has approved the launch of 1,000 sessions dedicated to Hajj pilgrims memorizing the Qur’an, Saudi Press Agency reported on Sunday.

This initiative aligns with the presidency’s plans for this year’s Hajj season to disseminate the morals of the Qur’an and its moderate message globally. Qualified Saudi teachers, who have memorized the holy book, will lead these efforts to enrich the experience of pilgrims.

Al-Sudais said that this initiative reflected the Kingdom’s leadership’s commitment to teaching, memorizing, interpreting and enhancing understanding of the Qur’an. He said that the sessions in the Two Holy Mosques were designed to provide educational and pedagogical content, as well as methodological approaches to spreading the Qur’an’s message and guidance.

The Presidency of Religious Affairs also aims to broaden the scope of education within these Qur’anic sessions, incorporating recitations and holidays related to the Prophet Muhammad.
 


SAB named ‘best bank’ in Saudi Arabia by Global Finance

Tony Cripps, managing director and CEO at SAB
Updated 36 min 27 sec ago
Follow

SAB named ‘best bank’ in Saudi Arabia by Global Finance

Saudi Awwal Bank has been awarded the “Best Bank Award 2024 in Saudi Arabia” by Global Finance for the fifth time in a row. The award is a recognition of SAB’s innovative banking services and its efforts in serving its customers and enhancing their banking experiences.

The recognition came following a referendum in which a select panel of financial experts participated, considering a range of criteria that included asset growth, profitability, quality of customer service, strategic relationships, product innovation, and other relevant factors.

Tony Cripps, managing director and CEO at SAB, said: “Being honored with this prestigious award serves as a testament to our bank’s strategic vision and excellence across various departments and reinforces our commitment to supporting the Kingdom’s Vision 2030 in the Financial Sector Development Program. It highlights our position as a leading financial institution in contributing to economic development.”

He added: “Through our deep understanding of market needs, we develop products and services to exceed our customers’ expectations, enabling us to provide distinctive and innovative banking solutions, contributing to achieving their desires and helping them reach their ambitious goals.”

This year, SAB continues to strengthen its leading position in the banking sector through several achievements, including the “Accreditation in Innovation” award from the Global Innovation Institute, which makes it the first bank in the Kingdom to receive such recognition. SAB was also honored with the “Best Bank for Private Banking in the Kingdom” award by Euromoney magazine. These awards serve as a testament to the bank’s exceptional services, highlighting its strength and diversity in catering to the needs of its customers with efficiency and innovative solutions. 


Saudi Arabia says ready to help Iran after crash of helicopter carrying Iranian President Raisi

Video footage shows Iran's President Ebrahim Raisi (L) with an unidentified memeber of his delegation on board a helicopter.
Updated 13 sec ago
Follow

Saudi Arabia says ready to help Iran after crash of helicopter carrying Iranian President Raisi

  • The Foreign Ministry said the Kingdom was following reports about the crash with “great concern” 
  • Qatar said it is ready to provide “all forms of support” for Iran’s search efforts after the helicopter crash

RIYADH: Saudi Arabia expressed its support for Iran and said it was ready to provide any assistance required after a helicopter carrying Iranian President Ebrahim Raisi crashed on Sunday.

The Foreign Ministry said the Kingdom was following reports about the crash with “great concern.” 

Meanwhile, the Iraqi government said in a statement it had instructed its interior ministry, the Red Crescent and other relevant bodies to offer help to neighboring Iran in the search mission.

Iranian search and rescue teams were scouring a fog-shrouded mountainside after the helicopter carrying the president and Foreign Minister Hossein Amir-Abdollahian went missing in an “accident” on Sunday, state media said.

Fears grew for Raisi after contact was lost with the helicopter carrying him in East Azerbaijan province, reports said.

Raisi was visiting the province where he inaugurated a dam project together with Azerbaijan’s President Ilham Aliyev, on the border between the two countries.

“Today, after bidding a friendly farewell to the (visiting) President of the Islamic Republic of Iran, Ebrahim Raisi, we were profoundly troubled by the news of a helicopter carrying the top delegation crash-landing in Iran,” Aliyev said.

“Our prayers to Allah Almighty are with President Ebrahim Raisi and the accompanying delegation. As a neighbor, friend, and brotherly country, the Republic of Azerbaijan stands ready to offer any assistance needed,” he added.

Qatar said it is ready to provide “all forms of support” for Iran’s search efforts after the helicopter crash.

The Turkish Foreign Ministry said it was following developments in Sunday’s Iran helicopter accident with sadness and hoping for the president’s wellbeing, adding that action had been taken to provide all kinds of support to search and rescue activities.

 


Saudi fintech barq and TerraPay forge strategic partnership

Updated 37 min 35 sec ago
Follow

Saudi fintech barq and TerraPay forge strategic partnership

Saudi fintech application barq and TerraPay, a global money movement company, have signed a strategic partnership agreement. The collaboration, formalized during Seamless 2024 in Dubai, will provide fast and secure international money transfer services.

Ahmed Alenazi, CEO of barq, said: “We are delighted to collaborate with TerraPay to enhance our international money transfer services. This alliance reflects our commitment to innovation and customer satisfaction.”

Ani Sane, co-founder and chief business officer — TerraPay, said: “This partnership is not just another agreement; it is a testament to our commitment to supporting promising projects in Saudi Arabia like barq. Through this collaboration, we aim to deliver fast, efficient, and secure international money transfer services that adhere to global standards.”

Supported by TerraPay’s extensive global payments network, this agreement aligns with barq’s efforts to expand its service offerings, catering to customer needs and keeping pace with the growth of the fintech sector, both within and beyond the Kingdom. 

barq received a license from the Saudi Central Bank in January this year. Developed in Riyadh by Saudi talents, barq aims to revolutionize the Kingdom’s fintech sector with its unique services, secure payment methods, and the expertise of its team.