6 Filipinos perish in Riyadh fire

Google map showing the location of Suleimaniyah district in Riyadh where the fire happened on Saturday.
Updated 21 August 2016
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6 Filipinos perish in Riyadh fire

RIYADH: Six Filipinos were killed in a fire that struck an apartment in Riyadh early Saturday, the Philippine Embassy said.
In a report to the Department of Foreign Affairs in Manila, the embassy identified the victims as Sahara Mapandi, 46; Rema Mapandi, 8; Ryan Mapandi, 7; couple Dodio Guiamat and Karen Anne Guiamat, and their 1-year-and-3-month-old baby Aneeka Guiamat. 
Karen Anne, a nurse at Riyadh Military Hospital, was said to be four months pregnant.
A seventh victim, also a Filipino nurse who is a tenant in the apartment, was the only survivor. 
Many expatriates in the kingdom share apartments with relatives, friends or co-workers.
Taugan Mapandi was quoted in the report as saying he left for work at 6 a.m. on Saturday while his wife Sahara and their two children were sound asleep at their apartment on Sulaimania district.
An hour later, he got a call from the apartment haris (caretaker) informing him of the fire. By the time he arrived home, the victims were already taken to nearby hospitals by Civil Defense rescuers.
Except for the lone survivor, Mapandi never saw any of the victims alive. They were declared dead of suffocation.
A Filipino community member in Riyadh who had gathered information about the incident said the fire started on the sala of the apartment, which was on the ground floor of a building. 
He said the lone survivor managed to get out of the smoke-filled apartment by covering her head with a wet towel and crawling through the floor.
“Had the apartment unit been on the upper floors, I doubt if the nurse was able to survive,” the source told Arab News by phone.
 

Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference

Updated 59 min 25 sec ago
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Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference

  • Event on Feb. 8 and 9 will bring together ministers, governors of central banks, policymakers, economic experts and international financial institutions
  • Emerging-market economies a ‘pivotal element’ in global economic system due to effect they have on growth and stability, says Saudi Finance Minister Mohammed Al-Jadaan

RIYADH: The second annual AlUla Conference for Emerging Market Economies, which Saudi Arabia will host next week, offers a platform to exchange views on global developments and discuss policies and reforms that support inclusive growth and strengthen economic resilience, the Kingdom’s finance minister said.

The event on Feb. 8 and 9 will bring together finance ministers, governors of central banks and policymakers, alongside economic experts and representatives of international financial institutions.

Organized by the Saudi Ministry of Finance in partnership with the International Monetary Fund, it takes place as emerging-market economies face mounting challenges amid rapid global economic change.

Finance Minister Mohammed Al-Jadaan said the decision to host the conference reflects Saudi Arabia’s ongoing commitment to efforts that support global financial and economic stability, and highlights the growing influence of emerging economies on worldwide growth.

Emerging-market economies represent a “pivotal element” in the global economic system due to the direct impact they have on economic growth and stability, he added.

“The AlUla Conference for Emerging Market Economies provides a unique platform for exchanging views on global economic developments, and discussing policies and reforms that will support inclusive growth and enhance economic resilience, in light of broader international cooperation that contributes to confronting common challenges,” Al-Jadaan said.

Kristalina Georgieva, managing director of the IMF, said the event would help emerging economies deal with growing uncertainty driven by technological change, demographic shifts and geopolitical tensions.

“The AlUla conference provides a vital platform for emerging economies to discuss how they can navigate the risks and embrace the opportunities ahead,” she said.

“In these times of sweeping transformations in the global economy, policymakers face a more challenging and uncertain environment. Countries should work together to strengthen resilience through sound macroeconomic and financial policies.”