JERUSALEM: A Palestinian stabbed and killed an Israeli man on Monday in a Jewish settlement in the occupied West Bank, Israeli officials said.
The incident occurred in Ariel, one of the largest Israeli settlements in the territory. An army officer who spotted the assailant hit him with his vehicle, but the Palestinian escaped and troops launched a search, the military said.
Prime Minister Benjamin Netanyahu said the Israeli had died of his wounds, making the announcement at a weekly meeting of legislators from his right-wing Likud party.
Tensions have risen in the West Bank since US President Donald Trump recognized Jerusalem as the capital of Israel on Dec. 6, breaking with decades of US policy that the city’s status must be decided in peace negotiations between Israel and the Palestinians.
East Jerusalem was captured by Israel in a 1967 war, and Palestinians want it for the capital of a future state. Israel considers all of Jerusalem its eternal and indivisible capital, a claim that is not recognized internationally.
Separately, Israel on Sunday said it plans to legalize an isolated West Bank outpost in response to the murder of one of its residents in a shooting attack last month.
Netanyahu told his weekly Cabinet meeting that his government will legalize Havat Gilad to “allow the continuing of normal life there.”
“Whoever thought that through the reprehensible murder of a resident of Havat Gilad, a father of six, that our spirit can be broken and we can be weakened, is making a bitter mistake,” Netanyahu said.
Israeli killed in West Bank
Israeli killed in West Bank
GCC lending growth hits 3.1% in Q3, Saudi Arabia leads: report
RIYADH: Listed banks in the Gulf Cooperation Council achieved their highest lending growth in 13 quarters, with loans rising 3.1 percent to $2.12 trillion in the third quarter.
According to a report by Kamco Invest, Saudi Arabia led the surge with a 3.7 percent quarter-on-quarter increase in gross loans, marking its fastest growth in nine quarters.
Qatar followed with a 1.9 percent rise, while Bahrain recorded a 1.2 percent increase.
This growth aligns with the International Monetary Fund’s projection of 3.5 percent nominal gross domestic product growth for GCC nations in 2024, driven by the strong performance of non-oil sectors in the UAE, Qatar, Bahrain, and Saudi Arabia.
The region’s commitment to diversification and long-term infrastructure development continues to drive its financial sector.
Despite record lending levels, aggregate net income for GCC-listed banks increased marginally by 0.4 percent to $14.9 billion.
While total revenues grew 4.1 percent, supported by a 2.8 percent rise in net interest income and a 6.9 percent increase in non-interest income, higher expenses and impairments weighed on profitability.
Loan impairments rose to a three-quarter high of $2.5 billion, with increases in the UAE, Saudi Arabia, Oman, and Bahrain partially offset by declines in Qatar and Kuwait.
Customer deposits across GCC-listed banks reached a nine-quarter high, rising 3.2 percent to $2.5 trillion.
Saudi Arabia led with a 4.6 percent increase, while the UAE maintained its position as the largest deposit market at $828 billion.
Deposits in Oman and Qatar also saw solid growth, contributing to the region’s overall resilience.
The aggregate loan-to-deposit ratio remained stable at 81.4 percent, with Saudi Arabia reporting the highest ratio of 92.8 percent and the UAE the lowest at 69.3 percent, reflecting its strong liquidity position.
The GCC banking sector’s resilience is further demonstrated by its consistent focus on operational efficiency. The cost-to-income ratio declined slightly to 39.9 percent, highlighting the sector’s ability to manage expenses effectively despite rising costs.
As the region continues to diversify its economy, the banking sector remains a critical enabler of growth, funding large-scale projects and fostering financial innovation.
While rising funding costs and potential interest rate cuts may pose challenges, the sector’s robust fundamentals and strategic focus on non-oil growth position it for sustainable expansion.
The commitment to balancing economic diversification with financial innovation is expected to drive the sector’s continued success, reinforcing its pivotal role in the GCC’s broader economic landscape.
UN official lauds KSrelief’s landmine work in Yemen
- The UN official emphasized the importance of continuing such humanitarian projects to achieve stability in Yemen and protect civilians
Riyadh: The UN special envoy’s military adviser to Yemen, Antony Hayward, praised the work carried out by Saudi aid agency KSrelief’s Project Masam to clear landmines in Yemen.
During his visit to the agency’s headquarters in Marib, he said that the project works to protect the lives of civilians and secure large areas of Yemeni territory despite the challenges posed by landmines.
The UN official emphasized the importance of continuing such humanitarian projects to achieve stability in Yemen and protect civilians, the Saudi Press Agency reported.
Last week, meanwhile, members of Project Masam removed 840 explosive devices from various regions of Yemen, including anti-personnel mines, anti-tank mines and unexploded ordnance, according to a recent report.
Ousama Al-Gosaibi, the initiative’s managing director, said 470,416 mines had been cleared since its inception in 2018.
The explosives were planted indiscriminately and posed a threat to civilians, including children, women and the elderly.
The demining operations took place in Marib, Aden, Jouf, Shabwa, Taiz, Hodeidah, Lahij, Sanaa, Al-Bayda, Al-Dhale and Saada.
The initiative trains local demining engineers and provides them with modern equipment. It also offers support to Yemenis injured by the devices.
Teams are responsible for clearing villages, roads and schools to facilitate safe movement for civilians and the delivery of humanitarian aid.
About 5 million people have been forced to flee their homes since the start of the conflict in Yemen, many of them displaced by the presence of landmines.
Saudi culture minister engages with manga students in Tokyo
- Prince Badr highlighted the Saudi leadership’s strong commitment to developing human capabilities across various fields
Riyadh: Saudi Minister of Culture and Chairman of the Literature, Publishing and Translation Commission Prince Badr bin Abdullah bin Farhan met Saudi scholarship students participating in the Manga Industry program in Tokyo.
The program, organized in collaboration between the commission and Manga Productions, a subsidiary of Misk Foundation, aims to develop talented manga artists through professional training rooted in Japanese techniques, the art form’s birthplace.
Prince Badr highlighted the Saudi leadership’s strong commitment to developing human capabilities across various fields, emphasizing the importance of academic and professional training in cultural disciplines.
The meeting was attended by the CEO of the commission, Mohammed Hasan Alwan, CEO of Manga Productions Essam Bukhary and students studying manga art at Kadokawa Contents Academy, a leading Japanese institution for training and recruiting manga talent.
The program offers virtual workshops, intensive training courses and overseas training in Japan. It also includes competitions blending manga with Saudi cultural themes, such as Munjanha, which transforms Arabic proverbs into manga stories; Manga Al-Qaseed, which adapts Arabic poetry; and Manga Al-Ibil, which celebrates the cultural symbolism of camels in Saudi heritage.
More than 1,850 participants have benefited from the program’s virtual workshops, with 115 advancing to intensive training, producing 115 manga stories. Of these, 21 students were selected for advanced training in Japan.
Saudi Arabia launches Ramlah Co. to boost tourism in Hail region
RIYADH: Saudi Arabia’s Ministry of Tourism is supporting private sector growth by launching Ramlah Co. for Tourist Trips and Resorts, a new initiative to attract visitors to the Hail region.
This undertaking is part of the broader Saudi Winter Season campaign, which offers unique experiences in its key destinations.
The Minister of Tourism Ahmed Al-Khateeb inaugurated the Ramlah Co. during a visit to Hail, signaling the Kingdom’s ongoing efforts to develop the tourism sector and foster private-sector participation, the Saudi Press Agency reported.
Al-Khateeb, also the chairman of the Saudi Tourism Authority, emphasized that the launch of the company aligns with Saudi Arabia’s Vision 2030 objectives to diversify the economy and promote tourism as a key growth sector.
The Saudi Winter Season, which began in October and runs through the first quarter of 2025, highlights seven key destinations, including Riyadh, Jeddah, and AlUla, as well as the Red Sea, the Eastern Province, Madinah, and Hail.
The campaign is designed to showcase the Kingdom’s cultural and natural attractions, with private companies like Ramlah Co. offering tailored experiences for visitors.
Ramlah Co. has met all licensing requirements set by the Ministry of Tourism and will offer a diverse range of activities in the region, from desert camping and sandboarding to off-road safaris and historical tours of landmarks such as Jubbah.
The company will also provide stargazing experiences and flexible tourism packages designed for families, groups, and solo travelers.
During his visit, Al-Khateeb announced several initiatives aimed at further developing the region’s tourism infrastructure. He revealed plans for 1,000 international training opportunities and 10,000 domestic training programs for Hail residents, according to the minister’s official X account.
He also highlighted efforts to enhance tourism initiatives and projects, underscored by the signing of two memoranda of understanding with the Hail Development Authority.
Speaking on future investments, Al-Khateeb noted that the Tourism Development Fund is currently evaluating support for several key projects in the Hail region.
“The fund is studying supporting a number of distinguished projects, the value of which exceeds SR1 billion and is expected to contribute to providing more than 850 hotel rooms in the area,” Al-Khateeb said.
These projects are anticipated to boost Hail’s hospitality capacity while fostering economic growth and job creation.
The minister also visited the Hail Tourism Development Authority, where he reviewed several qualitative initiatives designed to enhance the region’s tourism offerings.
The launch of Ramlah Co. reflects the government’s commitment to developing regional tourism hubs and providing a platform for private companies to play a pivotal role in the country’s tourism sector.
Hail, known for its UNESCO-listed Hail Rock Art and Fayd Historic City, is one of the Kingdom’s most culturally rich regions. The area also features natural attractions like Al-Adham Park, offering tourists a range of recreational activities.
Al-Khateeb continues his tour as part of the Winter Season campaign, with AlUla being his next stop.
Umrah guests tour Madinah’s historic sites
RIYADH: The first group of the Custodian of the Two Holy Mosques Guests Program for Umrah and Visit toured the King Fahd Glorious Qur’an Printing Complex in Madinah.
The visit, part of a cultural program by the Ministry of Islamic Affairs, aimed to enhance the cultural experience for visitors and Umrah performers in Madinah, the Saudi Press Agency reported.
The pilgrims toured the complex’s technical and administrative departments, learning about the various stages of printing the Holy Qur’an, preservation efforts, and its translation into multiple languages.
The first group included 250 prominent Islamic figures from 12 countries, part of a total of 1,000 Umrah performers from 66 countries. The guests will visit over four groups as part of the program.
At the end of the visit, the complex representatives gifted copies of the Holy Qur’an to the guests.
The group also visited the Battle of Uhud site, Mount Al-Ramah, and the Uhud Martyrs’ Cemetery, learning about this historic turning point in Islam.
The program includes meetings with imams of the Prophet’s Mosque and renowned scholars.
Several guests expressed gratitude to King Salman and Crown Prince Mohammed bin Salman for hosting them, thanking the ministry for the excellent services provided.
Hanafi bin Hamza from Malaysia praised the facilities and expressed joy at visiting the Kingdom. Norasni Binti Muhammad Suh, also from Malaysia, conveyed her gratitude for the program, while Rebuan bin Abdullah thanked the Saudi leadership for the initiative, highlighting the Kingdom’s commitment to serving Muslims worldwide.
Automaki from Japan called the program outstanding, appreciating the exceptional services and warm hospitality extended by the Saudi leadership.
