GENEVA: Nearly 1 million Rohingya refugees have fled violence in Myanmar, an “untenable situation” for neighbor Bangladesh, the country’s UN envoy said on Monday, calling on Myanmar to let them return.
About 600,000 people have crossed the border since Aug. 25, when insurgent attacks on security posts were met by a ferocious counter-offensive by the Myanmar army in Rakhine state which the United Nations has called ethnic cleansing.
“This is the biggest exodus from a single country since the Rwandan genocide in 1994,” Shameem Ahsan, Bangladesh’s ambassador to the United Nations in Geneva, told a UN pledging conference.
“Despite claims to the contrary, violence in Rakhine state has not stopped. Thousands still enter on a daily basis,” he said.
Bangladesh’s interior minister was in Yangon on Monday for talks to find a “durable solution,” Ahsan said.
But Myanmar continued to issue “propaganda projecting Rohingyas as illegal immigrants from Bangladesh,” Ahsan said, adding: “This blatant denial of the ethnic identity of Rohingyas remains a stumbling block.”
Myanmar considers the Rohingya to be stateless, although they trace their families’ presence in the country for generations.
Jordan’s Queen Rania visited Rohingya refugee camps on Monday and called for a stronger response from the international community to the plight of the Rohingya who fled to Bangladesh to escape “systematic persecution” in Myanmar.
“One has to ask, why is the plight of this Muslim minority group being ignored? Why has the systematic prosecution been allowed to play out for so long?” she asked after touring the camps.
The United Nations has appealed for $434 million to provide life-saving aid to 1.2 million people for six months.
“We need more money to keep pace with intensifying needs. This is not an isolated crisis, it is the latest round in a decades-long cycle of persecution, violence and displacement,” UN humanitarian chief Mark Lowcock told the talks.
“Children, women and men fleeing Myanmar are streaming into Bangladesh traumatized and destitute,” he added.
“We assess we have pledges of around $340 million,” Lowcock said before the mid-day break in the meeting.
New pledges included 30 million euros announced by the European Union, $15 million by Kuwait, 10 million Australian dollars by Australia and 12 million pounds from Britain.
He reiterated the UN call on Myanmar to allow “full humanitarian access across Rakhine” where aid agencies have been denied entry.
Myanmar must “guarantee the right to safe, voluntary and dignified return so that the Rohingya can live in peace with their human rights upheld in Rakhine,” Lowcock said.
Bangladesh says Rohingya outflow “untenable,” seeks solution
Bangladesh says Rohingya outflow “untenable,” seeks solution
Morgan Stanley receives approval to establish regional HQ in Saudi Arabia
RIYADH: US-based investment bank Morgan Stanley has been granted approval to establish its regional headquarters in Saudi Arabia, as the Kingdom continues to attract international investment.
This move aligns with Saudi Arabia’s regional headquarters program, which offers businesses various incentives, including a 30-year exemption from corporate income tax and withholding tax on headquarters activities, as well as access to discounts and support services.
Saudi Investment Minister Khalid Al-Falih confirmed the progress of this initiative in October, stating that the Kingdom has successfully attracted 540 international companies to set up regional headquarters in Riyadh—exceeding its 2030 target of 500.
“Establishing a regional HQ in Riyadh reflects the growth and development of Saudi Arabia and is a natural progression of our long history in the region,” said Abdulaziz Alajaji, Morgan Stanley’s CEO for Saudi Arabia and co-head of the bank’s Middle East and North Africa operations, according to Bloomberg.
Morgan Stanley first entered the Saudi market in 2007, launching an equity trading business in Riyadh, followed by the establishment of a Saudi equity fund in 2009.
This approval follows a similar move by Citigroup earlier this month, with the bank also receiving approval to establish its regional headquarters in Saudi Arabia.
Fahad Aldeweesh, CEO of Citi Saudi Arabia, emphasized that this development would support the firm’s future growth in the Kingdom.
Goldman Sachs, another major Wall Street bank, also received approval in May to set up its regional headquarters in Saudi Arabia.
Prominent international firms that have already established regional headquarters in Saudi Arabia include BlackRock, Northern Trust, Bechtel, PepsiCo, IHG Hotels and Resorts, PwC, and Deloitte.
In addition, a recent report from Knight Frank noted that Saudi Arabia's regional headquarters program has led to increased demand for office space in Riyadh, with the city’s office stock expected to grow by 1 million sq. meters by 2026.
In August, Kuwait’s Markaz Financial Center echoed this sentiment, predicting a significant uptick in the Kingdom’s real estate market during the second half of the year, driven by the regional headquarters program.
‘The extraordinary has become the ordinary in Saudi Arabia,’ says Middle East expert
- Appearing on “Frankly Speaking,” Norman Roule called for more robust media narrative to communicate the Kingdom’s ambition
- Lauded the role of Ambassadors Michael Ratney and Princess Reema bin Bandar in strengthening bilateral relationship
DUBAI: Saudi Arabia’s transformation, showcased by world-class entertainment events, AI and green energy investments, and giga-projects, continues to redefine its global image and influence, but according to Middle East expert Norman Roule, more can be done to explain the Kingdom’s ambitions to the world.
On the diplomatic front, the former CIA operations officer believes Saudi-US relations will continue to thrive regardless of the administration in Washington and despite the temporary pause caused by the Gaza war.
“Truth be told, I see so much that is extraordinary in Saudi Arabia that the extraordinary has become the ordinary,” he said on the Arab News current affairs program “Frankly Speaking,” referring to the star-studded “1001 Seasons of Elie Saab” fashion show on Nov. 14 as part of Riyadh Season 2024, which has drawn over 6 million visitors and turned the Saudi capital into a cultural and entertainment hub.
“Saudi Arabia must have what it needs to achieve its vision as a global node of progress, stability, interfaith relationships,” Roule said, noting that the Kingdom “is located in the center of so many pathways of global commerce and social exchange between India and Africa, between Europe and Asia.”
Calling for a more robust narrative strategy to dispel misconceptions and showcase Saudi Arabia’s impact, he underscored the importance of investing in media programs similar to “Frankly Speaking” to communicate the Kingdom’s vision “in English to the international community.”
“The world needs more of it, not just to understand what the Kingdom is doing in and of itself, but how those ambitions will shape the global society and the global economy. Understanding Saudi Arabia’s investments in green energy, along with those of the United Arab Emirates. It’s critical to the future of the planet for developing countries — for the Global North and the Global South,” Roule told Katie Jensen, the host of “Frankly Speaking.”
“Understanding how entertainment connects Europe to Asia, how it’s going to shape how people move in the world. That can only be done with more information being put out.”
Roule spoke of Saudi Arabia’s influence on critical issues, such as women’s empowerment and cultural exchange, stating that it can reach well beyond its borders, shaping developments across the region and even other continents. “The role of protecting women’s rights is not just a Saudi issue,” he said, “but I’d like to see Saudi Arabia’s influence touch Afghanistan and Africa.”
Roule also offered an enthusiastic assessment of NEOM — a key part of Saudi Arabia’s Vision 2030 initiative to diversify its economy beyond oil — describing it as a game-changer for Saudi Arabia’s future. The $500 billion futuristic city on the Red Sea is designed to address challenges like population growth and sustainability while leveraging the Kingdom’s strategic location near the Red Sea.
“NEOM is 90 minutes from Athens and about 60 kilometers from the Suez Canal,” he said, and noted that its vision includes carbon-neutral technologies, transformative trade hubs like Oxagon, and revolutionary urban designs such as The Line.
“So much of this has never been done before anywhere in the world. It will be amazing,” Roule said.
“When people talk about The Line, which is often how NEOM is described in the West, I tell them, first, NEOM is the size of Belgium or Massachusetts,” he said. “Only 5 percent of the territory can be developed. And I think they’ve mapped that about 4 percent.”
Looking ahead, he said: “I have no doubt it’s going to succeed — it will be amazing — but it may not succeed on the schedule that some might hope.”
Roule lauded the work done by the ambassadors of Saudi Arabia and the US in their respective capitals to strengthen bilateral relations. “Michael Ratney is not only experienced, a superb Arabist, but he’s someone who has a deep knowledge and understanding and respect for the region,” he said. “He’s exactly the sort of ambassador the United States would hope to have in a position as consequential as this.
“At the same time, you have Saudi Ambassador Reema bint Bandar in Washington, who is extremely capable. She is a national treasure for both of our countries as we look to understand and work together.”
Roule praised the two ambassadors for encouraging American executives to visit Saudi Arabia, saying: “I have been with such executives at some of these meetings. If they’re fresh to the Kingdom, they’re delighted and amazed; if they don’t come often, they’re delighted and amazed.”
Ultimately, he said, “the success that we all hope to achieve is not a business deal; it’s a partnership on the broader ambitions of the Kingdom and the United States for regional stability and progress.”
Bangladesh prepares to send trained nurses to Saudi Arabia in 2025
- Authorities are preparing to fulfill a Saudi request for 150 Bangladeshi nurses
- Migration of skilled Bangladeshi workers has been on the rise this year, government data shows
DHAKA: Bangladesh is preparing to send the first batch of trained nurses to Saudi Arabia by early next year, the country’s state-owned recruiting agency told Arab News on Sunday.
Bangladeshi nationals make up the largest group of expatriates in Saudi Arabia, with nearly 3 million working and residing in the Kingdom. But only a few dozen clinicians are among the group, according to Bangladesh Medical Association data.
In 2022, the two countries signed an agreement on the recruitment of health workers, targeting the large numbers of certified doctors, nurses and medics from Bangladesh’s more than 100 medical colleges.
Bangladeshi authorities are now preparing a batch of over 100 nurses to send to Saudi Arabia, said the Bangladesh Overseas Employment and Services Ltd., a recruitment agency under the Ministry of Expatriates’ Welfare and Overseas Employment.
“We got a request to send 150 nurses to the Kingdom … If everything goes alright, we can expect the first batch to (fly out) to the Kingdom early next year,” BOESL Executive Director Shawkat Ali said.
In Saudi Arabia, nurses must undergo the Saudi Prometric Exam in order to practice in the Kingdom. Though Bangladesh has many nursing school graduates, most do not have the required Prometric certifications, he added.
“Our nurses are very skilled and industrious … We have received huge queries for the nurses. But here they need to have the Prometric certification. If we can prepare them in line with the Saudi requirements, it will open new opportunities for our nurses.”
Only around 2 percent of Bangladeshi workers in the Kingdom are skilled professionals, but the number has been on the rise since the beginning of the year, according to data from the Bureau of Manpower, Employment and Training.
Though most Bangladeshi migrant workers are seeking employment in Saudi Arabia’s giga-projects under its Vision 2030 transformation plan, there has also been a growing demand for health workers from the South Asian nation.
“For our economy, exporting trained nurses to the Kingdom is a big opportunity. We are mostly an import-dependent country, so we need huge amounts of dollars to meet the import bills,” Ali said.
“If we can export a significant number of trained medical staffers, they would be able to send back more remittances.”
QatarEnergy strengthens global footprint with offshore expansion in Namibia
RIYADH: QatarEnergy has expanded its portfolio through a new agreement with TotalEnergies to increase its ownership stakes in two offshore blocks in Namibia’s Orange Basin.
According to a press release, the state-owned energy firm will acquire an additional 5.25 percent interest in block 2913B and an additional 4.7 percent interest in block 2912 under the new deal, subject to customary approvals.
Once finalized, QatarEnergy’s share in these licenses will rise to 35.25 percent in block 2913B and 33.025 percent in block 2912.
Saad Sherida Al-Kaabi, Qatar’s minister of state for energy affairs and CEO of QatarEnergy, said: “We are pleased to expand QatarEnergy’s footprint in Namibia’s upstream sector. This agreement marks another important step in working collaboratively with our partners toward the development of the Venus discovery located on block 2913B.”
TotalEnergies, the operator of both blocks, will retain 45.25 percent in block 2913B and 42.475 percent in block 2912. Other partners include Impact Oil & Gas, which holds 9.5 percent in both blocks and the National Petroleum Corp. of Namibia, which owns 10 percent in block 2913B and 15 percent in block 2912.
Located about 300 km off the coast of the African country, in water depths ranging from 2,600 to 3,800 meters, these blocks host the promising Venus discovery. The Venus field has attracted considerable attention as a significant find that could impact Namibia’s energy future.
This offshore acquisition complements QatarEnergy’s recent ventures into renewable energy. In October, the company announced a 50 percent stake in TotalEnergies’ 1.25-gigawatt solar project in Iraq.
The initiative, part of Iraq’s $27 billion Gas Growth Integrated Project, aims to enhance Iraq’s energy self-sufficiency by addressing its reliance on electricity imports and reducing environmental impacts.
The solar project, set to deploy 2 million bifacial solar panels, will generate up to 1.25 GW of renewable energy at peak capacity, supplying electricity to approximately 350,000 homes in Iraq’s Basra region.
QatarEnergy will share equal ownership of the project with TotalEnergies, which retains the remaining 50 percent.
The firm’s dual focus on traditional and renewable energy highlights its strategic approach to meeting global demands while addressing sustainability concerns.
Its involvement in Namibia’s offshore blocks and Iraq’s shift toward renewable energy highlights a well-rounded portfolio that includes fossil fuels and clean energy investments.
Ukraine shows fragments of new Russian missile after ‘Oreshnik’ strike
- Russia on Thursday carried out a strike on the city of Dnipro last week
- Use of IRBM in response to Ukraine’s firing US ATACMS and UK Storm Shadow missiles
Russia on Thursday carried out a strike on the city which President Vladimir Putin said was a test of its new Oreshnik hypersonic intermediate-range ballistic missile (IRBM).
Ukraine’s SBU security service displayed metal fragments, ranging from bulky to tiny, on fake grass in front of camouflage netting at an undisclosed location Sunday, AFP journalists saw.
The SBU did not name the missile used but said it was a type they had not seen before.
Oleg, one of its investigators, told journalists that “this is the first time the debris of such a missile has been found on the territory of Ukraine.
“This item had not been documented by security investigators before,” he added.
Oleg said that investigators are examining the fragments and will later “provide answers” on the characteristics of the missile.
He said that the missile was ballistic and had caused damage to civilian and “other infrastructure” in Dnipro.
In a televised address Thursday, Putin said Russia used the IRBM in response to Ukraine’s firing US ATACMS and UK Storm Shadow missiles into Russian territory, after the Kyiv allies lifted a ban on it using long-range weaponry to fire into Russia.
Putin said the missile flies at 10 times the speed of sound and cannot be intercepted by air defenses.
The president said it hit a defense industry production facility in Dnipro “which still produces missile equipment and other weapons.”
A Russian foreign ministry spokeswoman was heard answering a phone call about a strike on Yuzhmash during a press briefing. Yuzhmash is the Russian name of an aerospace manufacturer in Dnipro now called Pivdenmash.
Neither Kyiv nor Moscow has confirmed whether this was the target.
Putin has promised more combat testing of the Oreshnik missile and said it will go into serial production.
Ukrainian President Volodymyr Zelensky has called the strike “the latest bout of Russian madness” and appealed for updated air-defense systems to meet the new threat.
The head of Ukraine’s military intelligence has said Kyiv knew several prototypes of the missile had been produced before it was fired.
