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Oman braces itself as tropical storm Shaheen worsens

Oman's Civil Aviation Authority published the expected course of the storm. (CAA)
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Updated 01 October 2021
Arab News
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Oman braces itself as tropical storm Shaheen worsens

  • Tropical Storm Shaheen could morph into a cyclone, authorities warn
Updated 01 October 2021
Arab News

DUBAI: Oman’s National Emergency Management System (NEMS) met Friday as the country braces itself for a potential Category 1 tropical cyclone. 

According to authorities, tropical storm Shaheen which is currently 650 km away from Muscat is likely to turn into a Category 1 tropical cyclone within the next 24 hours. 

In a statement, Oman’s state news agency said coordinators from the NEMS “are holding a meeting at the Civil Aviation Authority to review preparations and its readiness to deal with the situation.”

Topics: Oman

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Saudi Awwal Bank opens new branch in SAB Tower

Updated 16 min 19 sec ago
Arab News
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Saudi Awwal Bank opens new branch in SAB Tower

Updated 16 min 19 sec ago
Arab News

Saudi Awwal Bank, one of the leading banks in the Kingdom, inaugurated its newest integrated branch in the SAB Tower. The inauguration was held in the presence of Lubna Olayan, chairman of the board of directors, and members of the board and the executive management.

This new integrated branch signifies SAB’s strategy in enhancing customer experience in the Kingdom and reiterates its commitment to providing distinguished banking services for its retail customers, and small and medium enterprises, in addition to investment services.

Bandar Al-Gheshayan, chief wealth and personal banking officer at SAB, said: “We are pleased to open our new branch, which comes in line with our commitment to serving our customers with unparalleled dedication and excellence.”

He added: “This is part of our vision to become the bank of choice that offers innovative financial solutions, and our ongoing efforts to continue building strong and sustainable relationships with our customers and partners.” 
The bank continues to enhance its efforts toward developing retail and corporate banking services, aiming to provide a comprehensive range of financial and banking solutions that meet the diverse needs of its clients. Last year, SAB inaugurated its new headquarters — the SAB Tower, which has been awarded the SmartScore Platinum and LEED Gold certifications.

SAB is one of the largest banks in the Kingdom and traces its origins in Saudi Arabia to more than 90 years, during which time it has been an active partner supporting the Kingdom’s economic growth and social development.

SAB offers integrated financial and banking services, including corporate banking, investment, private banking, and treasury.

The bank’s paid-up capital is SR20.5 billion, after the legal merger with Alawwal Bank on March 14, 2021, when it was legally known as the Saudi British Bank. SAB operates under the supervision of the Saudi Central Bank, and is a partner of the HSBC Group.

IMF mission in Pakistan for bailout loan talks 

Updated 34 min 27 sec ago
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IMF mission in Pakistan for bailout loan talks 

  • Pakistan last month completed a short-term $3 billion program, which helped stave off sovereign debt default
  • Pakistan expected to seek t $6 billion, request additional financing from Fund under Resilience and Sustainability Trust
Updated 34 min 27 sec ago
SAIMA SHABBIR

ISLAMABAD: The Pakistani government confirmed on Monday that an International Monetary Fund team was in Islamabad and holding discussions with finance ministry officials, as Islamabad kicks off talks with the fund over a longer-term bailout program.

Pakistan last month completed a short-term $3 billion program, which helped stave off sovereign default, but the government of Prime Minister Shehbaz Sharif has stressed the need for a fresh, longer term program.

Finance minister Muhammad Aurangzeb said last week the IMF mission would visit Islamabad in May and Pakistan hoped to have a deal by early July. 

“The IMF team has arrived in Islamabad and currently talks are underway with them in the finance ministry,” Raeesa Adil, Director General Media at the Finance Ministry told Arab News, declining to share further details of what was being discussed.

Pakistan narrowly averted default last summer, and its $350 billion economy has stabilized after the completion of the last IMF program, with inflation coming down to around 17 percent in April from a record high 38 percent last May.

It is still dealing with a high fiscal shortfall and while it has controlled its external account deficit through import control mechanisms, it has come at the expense of stagnating growth, which is expected to be around 2 percent this year compared to negative growth last year.

Pakistan is expected to seek at least $6 billion and request additional financing from the Fund under the Resilience and Sustainability Trust.
 

Topics: Pakistan IMF Talks

Pakistan skipper Babar Azam becomes most successful T20I men’s captain after Ireland win

Updated 47 min 14 sec ago
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Pakistan skipper Babar Azam becomes most successful T20I men’s captain after Ireland win

  • Pakistan beat Ireland on Sunday by seven wickets, making it Babar Azam’s 45th win as skipper
  • Pakistan and Ireland will play the final of three-match T20I series in Dublin on Tuesday 
Updated 47 min 14 sec ago
Arab News Pakistan

ISLAMABAD: Pakistan skipper Babar Azam became the most successful men’s T20I captain after his side clinched a seven-wicket victory over Ireland recently, the International Cricket Council (ICC) said on Monday. 

Pakistan beat Ireland on Sunday by seven wickets and more than three overs to spare, chasing the Irish team’s impressive target of 194 runs. Azam made 0 runs off four balls after he was dismissed by Graham Hume when he edged the ball straight into the hands of Lorcan Tucker but his poor performance had no effect on Pakistan. 

An impressive 140-run partnership between Mohammad Rizwan and left-arm batter Fakhar Zaman helped Pakistan to victory over Ireland. it also helped Azam to a new record. 

“It took Babar past Uganda’s Brian Masaba for the most wins by male T20I captains and in front of former skippers in the ilk of England’s Eoin Morgan, India’s MS Dhoni and Australia’s Aaron Finch,” the ICC said. 

Separately, Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi congratulated Azam in Dublin after the match and presented him a jersey with the words “45 T20I wins” written on its back. Naqvi also presented fast bowler Shaheen Shah Afridi with a jersey for taking 300 international wickets in his career so far. The fast bowler also achieved the feat in the match against Ireland after he returned figures of 3/49. 

The three-match series stands leveled at 1-1 after Pakistan’s win. Ireland beat the 2009 T20 world champions by five wickets in an upset victory in the series opener on Friday. 

Pakistan will head to England for a four-match T20I series after the final match of the Ireland series on Tuesday. Following the England series, with matches scheduled at Headingley (22 May), Birmingham (25 May), Cardiff (28 May), and The Oval, London (30 May), both England and Pakistan will head to the ICC Men’s T20 World Cup 2024. 

England will face Scotland in Barbados on June 4 in their opening match, while Pakistan will launch their campaign against the United States (US) in Dallas on June 6. Pakistan will take on arch-rivals India on June 9 in New York which is set to be one of the most anticipated clashes of the T20 World Cup.

Topics: Babar Azam Pakistan vs Ireland Cricket Pakistan team Arab News Pakistan Dublin

Two Americans, one Russian citizen among 20 detained in Georgia, Russia’s TASS reports

Updated 22 min 59 sec ago
AFP
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Two Americans, one Russian citizen among 20 detained in Georgia, Russia’s TASS reports

  • 20 people detained at protests in Tbilisi while Georgian lawmakers were debating a “foreign agents” bill
Updated 22 min 59 sec ago
AFP

Tbilisi: Some 1,000 protesters stood firm outside parliament in Georgia on Monday, vowing not to back down in their fight against a Russia-styled “foreign agent” bill, a day before it’s due to be adopted.
Protests have gripped the small Caucasus nation for weeks over the bill, which critics say will erode democracy and derail the ex-Soviet republic’s long-held ambition of joining the European Union.
Critics say the measure, which resembles one Russia has used to crack down on dissent, will steer Tbilisi back under Moscow’s influence.
The ruling Georgian Dream party has portrayed it as necessary for Georgia’s sovereignty, saying it will boost transparency of civil groups’ funding.
The bill is due to go for a third and final reading in parliament on Tuesday.
On Monday, it passed a committee vote, a final step before it goes for a vote in parliament.
The bill targets NGOs that receive foreign funding, with Georgian Dream’s billionaire backer Bidzina Ivanishvili accusing them of working on foreign orders and plotting a revolution.
Part of Tbilisi’s main Rustaveli Avenue was closed off around parliament on Monday.
Hundreds of riot police officers lined a street behind parliament, and some scuffles broke out between them and protesters.
Authorities a day earlier warned that they would arrest people who blocked parliament, but thousands defied the warning and came to the parliament’s gates anyway.
“We are planning to stay here for as long as it takes,” 22-year-old Mariam Kalandadze told AFP.
“This law means not joining Europe,” she said, adding that “this is something that I have wanted my whole life.”

Topics: Russia US Georgia

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Brief CVs of Kuwait’s newly-formed government

Updated 24 min 37 sec ago
KUNA
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Brief CVs of Kuwait’s newly-formed government

Updated 24 min 37 sec ago
KUNA

KUWAIT CITY: Brief CVs of Kuwait’s newly formed cabinet were announced on Sunday.

The Prime Minister Sheikh Dr. Mohammad Sabah Al-Salem Al-Sabah:

Born in 1955, he holds a PhD in economics from Harvard University and has previously served as Kuwait’s ambassador to the US in 1993, in addition to tenures as foreign minister (2001, 2003, 2006, 2007, 2008, 2009 and 2011), as well as deputy prime minister and acting oil minister.

Fahad Youssef Saud Al-Sabah – Deputy Prime Minister and Acting Interior and Defense Minister:
Born in 1959, he graduated from the Kuwaiti military academy and previously served as an Amiri Guard officer.

Dr. Emad Mohammad Abdulaziz Al-Ateeqi – Deputy Prime Minister and Oil Minister:
Holds a PhD in chemical engineering from Leahy Pennsylvania College and has previously served in numerous academic roles in Kuwait University, including research department chief.

Abdurrahman Badah Al-Mutairi – Minister of Information and Culture:
He holds a BA degree in Psychology from Kuwait University. He served as Minister of Information and Minister of State for Youth Affairs in the cabinets of December 2020, March 2021, and April 2023.

Dr. Ahmad Abdulwahab Al-Awadhi – Minister of Health:
He holds a PhD in Pediatrics (Kuwait Board) from the Kuwait Institute for Medical Specialization, a PhD in Medicine (MD) from the Arab Gulf University in the Kingdom of Bahrain, and BA in basic sciences from the same university. He served as a Minister of Health in the Cabinets formed on October 16, 2022 and April 9, 2023.

Sheikh Feras Saud Al-Sabah – Minister of Social Affairs, Family and Childhood Affairs, Acting Minister of State for Cabinet Affairs:

He served as Assistant Undersecretary of the Ministry of State for National Assembly Affairs.

Dr. Anwar Ali Abdullah Al-Mudhaf – Finance Minister and Minister of State for Economic and Investment Affairs:
He holds a PhD in business management from Claremont College and has been the chairman of Kuwait’s Al-Ahli United Bank since 2014.

Dr. Salem Falah Mubarak Al-Hajraf – Minister of Electricity and Water and Minister of Renewable Energy and Minister of State for Housing Affairs:
He hold a PhD in mechanical engineering from the UK’s Cranfield University and has completed more than 30 researches across scientific fields.

Dawood Sulaiman Marafi- Minister of State for the National Assembly Affairs, Minister of State for Youth Affairs and Minister of State for Communications:
He holds a Master’s degree in business management and served in various roles in the banking sector and the global stock market.

Dr. Adel Mohammad Abdullah Al-Adwani – Minister of Education and Minister of Higher Education and Scientific Research:
He previously served as a professor in Kuwait University’s Faculty of Administrative Sciences.

Abdullah Hamad Abdullah Al-Jouaan – Minister of Commerce and Industry:
He also serves as the chief of Kuwait’s National Fund for the Development of Small and Medium Enterprises.

Abdullah Ali Abdullah Al-Yahya – Minister of Foreign Affairs:
Born in 1966, he holds a Bachelor’s degree in business management from Western Oregon University in the US. Previously served as Kuwait’s ambassador to several Latin American countries, including Argentina, Uruguay, and Paraguay.

Faisal Saeed Nafil Al-Ghareeb – Minister of Justice and Minister of Awqaf and Islamic Affairs:
Born in 1958, he holds a bachelor’s degree in law and Islamic Sharia from Kuwait University. He has been the national carrier Kuwait Airways’ deputy chief since 2020.

Dr. Nora Mohammad Khaled Al-Mashan – Minister of Public Works and Minister of State for Municipality Affairs:
She previously served as an Associate Professor in the Department of Civil Engineering at the College of Engineering and Petroleum at Kuwait University.

Topics: Kuwait

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