Israel orders immediate halt to Gaza fuel deliveries: Israeli ministry
Updated 12 October 2018
AFP
JERUSALEM: Israeli Defence Minister Avigdor Lieberman on Friday ordered an "immediate" halt to deliveries of fuel to the Gaza Strip after violent clashes with Palestinians on the Gaza-Israel border.
"Following the serious incidents in the Gaza Strip, the defence ministry orders the immediate halt to the delivery of fuel" to the area, he said in a statement, only days after a UN-brokered deal to supply the territory with Qatari-bought fuel came into effect.
Closing Bell: Saudi main index closes in green at 12,097
Updated 14 min 44 sec ago
Miguel Hadchity
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 9.01 points, or 0.07 percent, to close at 12,097.75.
The total trading turnover of the benchmark index was SR7.48 billion ($1.99 billion), as 96 stocks advanced, while 133 retreated.
The MSCI Tadawul Index decreased by 3.28 points, or 0.22 percent, to close at 1,510.14.
The Kingdom’s parallel market, Nomu, surged, gaining 251.24 points, or 0.82 percent, to close at 31,027.39. This comes as 56 of the listed stocks advanced, while 32 declined.
The best-performing stock was Nice One Beauty Digital Marketing Co. for the second day in a row, with its share price increasing by 7.69 percent to SR49.
Other top performers included Fawaz Abdulaziz Alhokair Co., which saw its share price rise by 6.5 percent to SR14.74, and Abdullah Saad Mohammed Abo Moati for Bookstores Co., which saw a 4.42 percent increase to SR35.45.
Arabian Pipes Co. and Dr. Sulaiman Al Habib Medical Services Group also saw positive change with their share prices moving up by 4.10 percent and 3.89 percent to SR12.70 and SR298.80, respectively.
The worst performer of the day was Salama Cooperative Insurance Co., whose share price fell by 5.88 percent to SR19.52.
Almoosa Health Co. and Al Hassan Ghazi Ibrahim Shaker Co. also saw declines, with their shares dropping by 5.13 percent and 3.91 percent to SR133.20 and SR28.25, respectively.
On the announcements front, Riyad Bank declared its intention to fully redeem its $1.5 billion fixed-rate reset tier 2 sukuk, issued in February 2020, on Feb. 25, 2025.
According to a Tadawul statement, the sukuk originally maturing in 2030, will be redeemed at face value in accordance with the terms and conditions. The redemption, approved by the regulators, will include any accrued but unpaid periodic distributions.
On the redemption date, Riyad Sukuk Limited will deposit the full amount into the accounts of sukuk holders, marking the completion of the issuance. This redemption will conclude the sukuk’s life, with no remaining value post-redemption.
Riyad Bank ended today’s trading session edging up by 0.91 percent to SR27.85.
QUETTA: The government in Pakistan’s Balochistan province on Thursday called for an impartial inquiry into an attack by armed fighters from the separatist Balochistan Liberation Army (BLA) group on a remote town in the country’s southwest before security forces regained control of it.
The attack in Zehri, located 150 kilometers from Khuzdar city, occurred when BLA fighters stormed the Levies force station on Wednesday and the National Database and Registration Authority (NADRA) office, setting the buildings ablaze and robbing a private bank.
Khuzdar deputy commissioner told Arab News that security forces retaliated in a timely manner and regained control of the area. One soldier of the Frontier Corps was injured during the standoff as the armed men escaped.
Shahid Rind, the spokesperson for the provincial government, said strict action would be taken against the district administration members found guilty of negligence during the attack and did not retaliate in a timely manner.
“Balochistan government has called for an impartial inquiry into the Zehri attack from all aspects,” Rind said in a statement, adding that the provincial home department had issued instructions to engage the civil administration in this regard.
Smoke billows from the National Database and Registration Authority (NADRA) office in Zehri, a small town in Pakistan's restive Balochistan province, on January 8, 2025. (Balochistan Police)
Rind said law enforcement agencies are monitoring the situation in Zehri while the government has strengthened security arrangements in the entire province.
“The government has been taking concrete measures to uplift the performance of the civil administrations in the entire Balochistan to prevent attacks like Zehri in the future,” the spokesperson said.
Balochistan, Pakistan’s largest and resource-rich province, has long been plagued by a low-level insurgency led by ethnic Baloch separatist groups like the BLA. They accuse Islamabad of exploiting the province’s natural resources, such as gold and copper, while neglecting the local population.
Pakistan rejects these allegations, asserting that the federal government has prioritized Balochistan’s development by investing in health, education and infrastructure projects.
The BLA has become a significant security threat in recent years, carrying out major attacks in Balochistan and Sindh provinces targeting security forces, ethnic Punjabis and Chinese nationals working on development projects.
Violence by Baloch separatist factions, primarily the BLA, killed about 300 people over the past year, marking an escalation in the decades-long conflict.
Rotana eyes growth in smaller Saudi cities amid hospitality expansion
Updated 27 min 37 sec ago
Nadin Hassan
RIYADH: Rotana Hotels is turning its attention to smaller cities in Saudi Arabia as part of its ambitious growth strategy to strengthen its presence in the Kingdom.
Speaking on the sidelines of the third Saudi Tourism Forum, the firm’s Chief Operating Officer Eddy Tannous told Arab News the company is engaging with tourism authorities, development funds, and private investors to explore opportunities in emerging destinations such as Al-Baha and Asir.
Rotana has previously announced its plans to develop nine new properties in Saudi Arabia, five of which are scheduled to open in 2025. This follows the launch of three hotels in 2024, including Nova M, the first Edge by Rotana property, as well as Dar Rayhaan by Rotana in Alkhobar and Al Manakha Rotana in Madinah.
Tannous said: “We have development on properties that will probably open in the next, I want to say, two to five years. Probably six to eight properties in those tertiary cities where it’s becoming a destination that people want to go to as well.”
With Saudi Arabia ranking third globally for international tourist arrival growth in 2024, with a 25 percent increase compared to the previous year, the Kingdom’s hospitality sector is seeing rapid growth.
The company’s goal is to triple its current key count in the Kingdom to 6,000 within the next three years, bolstered by strong demand for hospitality services.
Rotana’s upcoming developments, including Yasmina Rayhaan by Rotana in Riyadh, aim to meet this increasing demand.
“We are a regional brand. We are a brand that grew up in this region, so Saudi Arabia has always been a focus for us. But I think with the announcement of Vision 2030, it became more of a catalyst for us to continue focusing on Saudi Arabia,” Tannous said.
He added: “Saudi Arabia is the region or is the country in this Middle East region that’s growing the fastest and that’s growing with the biggest magnitude from a hospitality standpoint. Our main focus in Saudi Arabia is to focus both on the government sector projects and individual investors.”
Rotana’s expansion strategy is also geared toward major international events, including Saudi Arabia’s hosting of the FIFA World Cup in 2034. This event is expected to attract millions of visitors, creating significant opportunities for the hospitality sector.
Commenting on the company’s plans, Rotana CEO Philip Barnes said in a press release: “We see tremendous potential for expansion in Saudi Arabia. Our ambitious pipeline for KSA underscores our commitment to the hospitality and tourism sectors, both in the Kingdom and regionally, as demand for business and leisure travel soars to new heights in anticipation of major events such as the FIFA World Cup 2034.”
Beyond Saudi Arabia, Rotana is expanding across the Middle East, Africa, Eastern Europe, and Turkiye, where it currently operates 81 properties. The company has a pipeline of 36 new properties in 22 cities, including its projects in Saudi Arabia.
Rotana is also strengthening its presence in key markets such as the UAE, Turkiye, and Africa, where demand for leisure and business travel is on the rise.
“As a company today, we run 86 properties in the world. Some of our source markets to Dubai and Abu Dhabi, which are two of our biggest markets, include the UK, Germany, and Russia,” Tannous said.
Rotana is also preparing for significant updates to its loyalty program, which are expected to be announced later this year — although details remain under wraps.
“It’s not something I can talk about today, but we will hopefully in 2025,” Tannous said. “The most exciting thing for me right now is what we’re doing on our loyalty program because that will open the door for bank partnerships, credit card partnerships, airline partnerships.”
Rotana’s expansion in Saudi Arabia and beyond reflects its commitment to meeting the growing demand for hospitality services while positioning itself as a leader in both regional and international markets.
King Abdulaziz Public Library launches Thara Saudi, Athar initiatives
Through Thara Saudi the KAPL offers a number of programs that contribute to highlighting cultural tourism
Athar is an interactive platform inspired by one of the pioneering national documentation projects, “The Encyclopedia of the Kingdom of Saudi Arabia”
Updated 27 min 7 sec ago
Rashid Hassan
RIYADH: General Supervisor of the King Abdulaziz Public Library Faisal bin Abdulrahman bin Muammar launched the Thara Saudi and Athar initiatives at the third Saudi Tourism Forum in Riyadh.
Through Thara Saudi the KAPL offers a number of programs that contribute to highlighting cultural tourism, while Athar is an interactive platform inspired by one of the pioneering national documentation projects, “The Encyclopedia of the Kingdom of Saudi Arabia.”
Speaking at the launch, Muammar said: “The Thara Saudi Arabia is the initiative through which the library seeks to provide a distinctive cultural tourism experience that reflects the rich and diverse history and culture of the Kingdom and aims to present a sustainable vision that contributes to enhancing local culture in global languages.
“It comes as an expression of the efforts of 40 years of cultural and cognitive work, which created a national legacy and a sustainable impact,” added Muammar.
He said the KAPL also launched the Athar initiative, which represents the historical monuments and landmarks mentioned in the encyclopedia of Saudi Arabia, enabling tourists to discover the Kingdom in an unprecedented way.
This project is designed to enhance the Kingdom’s position as a global destination for cultural tourism, and reflects the great diversity Saudi Arabia enjoys.
Through its pavilion at the Saudi Tourism Forum, which was held from Jan. 7-9 at the Riyadh Front, the KAPL seeks to enhance cultural awareness and provide knowledge content that contributes to highlighting the Saudi national heritage, and encourages the exploration of the Kingdom’s unique cultural destinations.
In November the KAPL launched an initiative to position Saudi Arabia as a top global destination for cultural tourism by attracting visitors worldwide to explore the library’s diverse branches.
This project aligns with the Kingdom’s Vision 2030 by strengthening national identity, fostering cultural exchange, and supporting sustainable development.
Through its efforts, the KAPL seeks to showcase Saudi Arabia’s rich heritage, folk arts, and traditions, while deepening citizens’ connections to their cultural roots and contributing to economic diversification.
South Africa urged by minister to boycott Afghanistan match in Pakistan
Minister criticizes Taliban’s decision to ban women’s sport, disband women’s cricket team
Proteas are scheduled to play Afghanistan on Feb. 21 in group match in Karachi, Pakistan
Updated 09 January 2025
AP
PRETORIA: South Africa’s sports minister has joined public calls for the Proteas to boycott the Champions Trophy game against Afghanistan next month and criticized the International Cricket Council for not upholding its own rules.
Gayton McKenzie said on Thursday he felt “morally bound to support” a match boycott because the Taliban government has banned women’s sport and disbanded the national women’s cricket team.
“It is not for me as the sports minister to make the final decision on whether South Africa should honor cricketing fixtures against Afghanistan. If it was my decision, then it certainly would not happen,” McKenzie said in a statement.
“As a man who comes from a race that was not allowed equal access to sporting opportunities during apartheid, it would be hypocritical and immoral to look the other way today when the same is being done toward women anywhere in the world.”
The Proteas are scheduled to play Afghanistan on Feb. 21 in a group match in Karachi, Pakistan.
England was also urged to forfeit its match against Afghanistan on Feb. 26 by more than 160 UK politicians on Monday.
McKenzie believed the ICC was also being hypocritical for not upholding its own mandates that member nations develop men’s and women’s cricket.
McKenzie noted Sri Lanka Cricket was suspended by the ICC from November 2023 to January 2024 for government interference.
“This does not happen in the case of Afghanistan, suggesting that political interference in the administration of sport is being tolerated there,” McKenzie said.
“Cricket South Africa, the federations of other countries and the ICC will have to think carefully about the message the sport of cricket wishes to send the world,and especially the women in sports.
“I hope that the consciences of all those involved in cricket, including the supporters, players and administrators, will take a firm stand in solidarity with the women of Afghanistan.”
