EU countries stop short of arms embargo for Turkey

A French diplomatic official says his country has no choice but to pull out its troops from Syria. (File/AFP)
Updated 14 October 2019
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EU countries stop short of arms embargo for Turkey

  • The European Council, the grouping of the EU’s 28 governments, said in a statement that Turkey’s military action in northern Syria had “dramatic consequences”

LUXEMBOURG: European Union countries committed on Monday to suspending arms exports to Turkey, but stopped short of the EU-wide arms embargo that France and Germany had sought.

The European Council, the grouping of the EU’s 28 governments, said in a statement that Turkey’s military action in northern Syria had “dramatic consequences” and noted that some EU countries had halted arms exports.

“Member states commit to strong national positions regarding their arms export policy to Turkey,” EU foreign ministers said after a meeting in Luxembourg.


Desert Vipers dominate Gulf Giants to clinch DP World ILT20 top 2 finish 

Updated 10 min 9 sec ago
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Desert Vipers dominate Gulf Giants to clinch DP World ILT20 top 2 finish 

DUBAI: The Desert Vipers restored their authority as table-toppers with a comprehensive five-wicket victory against the Gulf Giants.

A composed knock of 70 runs in 54 balls from Max Holden ensured they cruised home in 19 overs at the Dubai International Stadium on Wednesday. Having already sealed a playoff spot, the win ensured the Vipers cemented a top two finish. 

Earlier in the contest, three-wicket hauls from Wanindu Hasaranga and Sam Curran limited the Giants to a meagre score of 129/8 despite Tom Curran’s late flourish of 64 runs in 34 balls, with nine fours and a six. 

The Desert Vipers lost both openers in the powerplay, as Mark Adair removed Alex Hales and Blessing Muzarabani picked up Fakhar Zaman within the first four overs. Both wickets were the result of spectacular catches by Chris Jordan and Tom Curran respectively, leading the Vipers to finish the fielding restrictions at 42/2. 

While Dan Lawrence fell cheaply to Jordan, Holden, who came in at number three, found the middle of the bat consistently. He joined Sam Curran in a 45-run partnership in 42 balls until Curran holed out to a great catch by James Vince, off Muzarabani. 

Though the run chase stayed heavily skewed in favor of the Vipers, they were never significantly ahead of the equation, needing 33 runs in the final five overs. Holden reached a 42-ball 50, including six fours and a six, but Muzarabani’s third wicket in Azam Khan offered the Giants a glimmer of hope. 

However, Holden remained unbeaten alongside Adam Hose in a composed alliance of 32 runs in 21 balls to steer the Vipers home in 19 overs. 

Batting first, it was a tough outing for the Gulf Giants. James Vince was dismissed for 15 runs by Sam Curran as the Giants only mustered 31 runs in the powerplay. 

Wanindu Hasaranga emerged as the most potent threat, slicing through the Giants’ top order. He bowled Tom Alsop for 17 off 26 balls in the seventh over, then trapped Jordan Cox LBW for a mere three runs, reducing the Giants to 44/4 at the halfway mark. 

Khuzaima Tanveer added to the Giants’ woes by removing Shimron Hetmyer in the ninth over. Sam Curran compounded their troubles with a sharp return catch to dismiss Gerhard Erasmus. 

Tim David briefly rallied, launching Lockie Ferguson for a six in the 13th over, but he was dismissed on the very next ball looking for the same outcome, leaving the Giants reeling at 58/6. 

Hasaranga struck again, pinning Cox on the pads for his third wicket of the night. The Giants seemed on the brink of collapse but Tom Curran reinvigorated the innings, smashing a 30-ball fifty. He took his brother Sam apart in the 19th over, clobbering two fours and a six in what turned out to be the most productive over of the innings. Another 14 runs from Tom Curran in the final over pushed the Giants to a total of 129/8 at the end of their turn. 

Player of the Match Hasaranga said: “I tried to stick to my basics and the wrong ones; that’s my plan for success. I love to bowl here, even in the Asia Cup as well I took wickets. The fast bowlers did a great job, and the batters did their jobs, so as a team we have done our things well.” 

Gulf Giants captain James Vince said: “It wasn't a great performance with the bat; 130 was always tough to defend. The first 10 overs of the batting innings put us on the back foot. At one stage we were looking at less than 100, until Tom Curran and Aayan’s partnership gave us some relief. We fought well with the ball and took it as far as we could but a little short with the bat.” 

Brief Scores 

Desert Vipers beat Gulf Giants by five wickets 

Gulf Giants 129/8 in 20 overs (Tom Curran 64 not out, Tom Alsop 17, James Vince 15, Wanindu Hasaranga 3 for 10, Sam Curran 3 for 28, Khuzaima Tanveer 1 for 12) 

Desert Vipers 130/5 in 19 overs (Max Holden 70 not out, Sam Curran 16, Fakhar Zaman 14, Blessing Muzarabani 3 for 35) 


Pakistan envoy identifies textiles, agriculture as key sectors to focus in exports to Saudi Arabia

Updated 11 min 49 sec ago
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Pakistan envoy identifies textiles, agriculture as key sectors to focus in exports to Saudi Arabia

  • Pakistan and Saudi Arabia are close regional partners, and the Kingdom remains the largest source of remittances to the South Asian country
  • Ambassador Ahmad Farooq stresses need to improve vocational training of Pakistani workers to meet standards required for mega Saudi projects

KARACHI: Pakistan Ambassador to Saudi Arabia Ahmad Farooq on Wednesday identified textiles, agriculture and red meat as key sectors for Pakistani businesses to focus on in order to increase the country’s exports to the Kingdom.

Farooq identified the key sectors during his visit to the Karachi Chambers of Commerce and Industry (KCCI) on Wednesday, where he met with leading Pakistani businesspersons and industrialists, according to the KCCI.

The ambassador highlighted that Pakistan’s exports to the Kingdom had registered a 40 percent increase during 2023-24, with the information technology (IT) sector witnessing an impressive 50 percent growth.

Pakistan and Saudi Arabia last year signed 34 agreements worth nearly $3 billion, of which, memorandums of understanding (MoUs) worth $700 million have already entered the implementation stage, according to Farooq.

“We want large businesses to connect with local distributors in Saudi Arabia to facilitate exports,” he was quoted as saying by the KCCI. “A list of key exporters in these sectors should be shared with the [Pakistani] embassy so we can work together to strengthen trade relations.”

Farooq said Pakistani textile, agriculture and meat (beef and mutton) products had already seen a “remarkable growth” in the Saudi market, adding that the Kingdom offers vast opportunities for Pakistani businesses.

“The purpose of my visit is to discuss business opportunities with the Karachi business community and update them on how Pakistan’s embassy can support them in accessing the Saudi market,” he added.

Speaking about the rising demand for skilled manpower, the Pakistani envoy said more than 3 million Pakistanis were currently living in the Kingdom, however, 97 percent of them were “blue-collar workers.”

Saudi Arabia is currently developing its public service sectors such as health, education, infrastructure, recreation and tourism as part of a strategic framework, Vision 2030, which aims to diversify the Kingdom’s economy beyond oil. The

Kingdom’s ambitious plan coincides with Pakistan’s efforts to boost trade and foreign investment to revive its fragile economy.

“Saudi authorities have advised us to improve vocational training for Pakistani workers to meet the standards required for upcoming projects,” Ambassador Farooq said, stressing the need to enhance training programs to equip these workers with modern technical skills.

Pakistan and Saudi Arabia are close regional partners, and the Kingdom remains the largest source of remittances to the South Asian country, contributing $7.5 billion in the last fiscal year (July 2023-June 2024), according to KCCI President Jawed Bilwani.

Saudi Arabia has also regularly provided Pakistan oil on deferred payments and offered direct financial support to help shore up Pakistan’s forex reserves.

KCCI Senior Vice President Zia-ul-Arfeen stressed the need to enhance joint ventures between the two countries, urging Islamabad to further improve the ease of doing business for foreign investors.

“Saudi investors should consider Pakistan for investments, particularly in the food sector,” he added.


Kingdom Centre screen: an icon of outdoor advertising

Updated 46 min 58 sec ago
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Kingdom Centre screen: an icon of outdoor advertising

Kingdom Centre, a symbol of Riyadh and one of its most iconic landmarks, will feature a state-of-the-art screen that redefines innovation in outdoor advertising. This centerpiece elevates Saudi Arabia’s status as a global hub for creativity and advertising. The project delivers a groundbreaking advertising experience, capturing visitors’ attention to the capital and aligning with a strategic vision to provide cutting-edge platforms for local and international markets.

Hassan Zaini, acting CEO of Rotana Signs, said: “The launch of this screen is a significant milestone in delivering an unparalleled advertising experience in Saudi Arabia. It represents the culmination of our efforts to achieve excellence in this sector.”

This achievement results from a strategic collaboration combining technical expertise with media strength. 

Nizar Nagro, chairman of Rotana Signs, said: “This project showcases the ability of Saudi media to deliver innovative solutions that captivate audiences and drive brand engagement. It is a testament to the power of united expertise in pursuing a shared vision.”

The screen is a fully integrated advertising platform, merging advanced technology with aesthetic design to enhance the urban landscape. Zaini added: “We take pride in leveraging modern technology to deliver a project that reflects Saudi Arabia’s ambition for global leadership in big format advertising, redefining the standards of outdoor advertising.”

The project provides audiences with a visually stunning experience while offering advertisers an innovative way to connect with their target markets. Nagro said: “This achievement redefines the concept of outdoor advertising in the region and paves the way for even more ambitious projects in the future.”

The launch of the Kingdom Centre screen marks the beginning of a series of advertising initiatives to establish Saudi Arabia as a creative hub for media and advertising. By recognizing the media’s role as a powerful soft force, this partnership is poised to make a significant market impact and contribute to the realization of Saudi Vision 2030.


Italian clothing brand intimissimi opens first Saudi store

Updated 54 min 50 sec ago
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Italian clothing brand intimissimi opens first Saudi store

intimissimi, an Italian brand synonymous with elegance and romance, has opened doors to its first Saudi store at Panorama Mall in Riyadh. This launch marks a milestone for the brand, introducing its world-renowned sophistication, classic Italian flair, and unsurpassed workmanship to the Kingdom for the first time.

“The flagship store is more than just a shopping destination — it is a celebration of femininity and style,” a statement said. Designed with intimissimi’s standard attention to detail, the store provides an immersive shopping experience in which consumers can browse luxurious products in a welcoming, easy-to-navigate setting. The store exudes the essence of Italian charm, giving women across the Kingdom a taste of the Italian elegance that has captured hearts all over the world.

“Our entry into Saudi Arabia marks an exciting milestone for intimissimi as we continue to expand our presence in the Middle East. This step reflects the Kingdom’s increasing demand for luxury apparel and its dynamic, style-conscious community. We are thrilled to bring our elegant tradition to Saudi Arabia and look forward to becoming a cherished part of Riyadh’s vibrant fashion scene,” said Tamara Jaber, brand manager at intimissimi.

To celebrate the grand opening, intimissimi at Panorama Mall hosted an exclusive event, which drew a distinguished crowd, including some of Saudi Arabia’s top influencers and fashion enthusiasts. Guests were invited to explore the new store and its collections, enjoying an evening filled with glamor and sophistication. The event featured special promotions, and exclusive surprises, creating a truly unforgettable experience that marked the brand’s debut in the Kingdom.

intimissimi’s collections, which include luxurious intimates, elevated knitwear, and comfy nightwear, will now be available for shoppers in Riyadh. Founded in 1996, the brand combines Italian heritage with current designs to empower women with comfort and beauty. It is available in 53 countries with 1,719 stores worldwide.


Saudi Arabia’s real GDP grows 4.4% in Q4: GASTAT

Updated 35 min 10 sec ago
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Saudi Arabia’s real GDP grows 4.4% in Q4: GASTAT

RIYADH: Saudi Arabia’s real gross domestic product expanded by 4.4 percent in the fourth quarter of 2024 compared to the same period in 2023, marking its highest growth in two years, official data showed.

According to flash estimates from the General Authority for Statistics, the Kingdom’s non-oil activities grew by 4.6 percent year on year in the fourth quarter, reflecting ongoing efforts to diversify the economy.

The report also noted that oil activities rose by 3.4 percent in the fourth quarter compared to the same period in 2023, while government activities expanded by 2.2 percent.

Saudi Arabia’s GDP growth aligns with the broader Middle East trend, where countries are steadily advancing economic diversification. The UAE’s central bank projects 4 percent GDP growth in 2024, while Bahrain and Qatar reported year-on-year expansions of 2.1 percent and 2 percent, respectively, in the third quarter. Qatar’s full-year GDP grew by 1.7 percent, driven by a 1.9 percent rise in non-hydrocarbon activities.

“The results also showed that seasonally adjusted real GDP increased by 0.3 percent in the fourth quarter of 2024 compared to the third quarter of the same year,” GASTAT stated.

Strengthening the non-oil sector remains a key goal under Saudi Arabia’s Vision 2030 as the Kingdom continues efforts to reduce its dependence on oil revenues and drive sustainable economic growth.

Compared to the third quarter, non-oil activities in the Kingdom grew by 1.3 percent, while government activities rose by 0.3 percent. However, oil activities witnessed a quarterly decline of 1.5 percent.

For the full year 2024, Saudi Arabia’s GDP expanded by 1.3 percent compared to 2023. This increase was primarily driven by a 4.3 percent rise in non-oil activities, underscoring the Kingdom’s focus on economic diversification.

Government activities recorded a 2.6 percent annual increase, while oil activities contracted by 4.5 percent due to OPEC+ output cuts, which have impacted production levels.

Earlier this month, the International Monetary Fund projected that Saudi Arabia’s economy will grow by 3.3 percent in 2025 and 4.1 percent in 2026. These projections reflect shifts in the global economic landscape, with oil production adjustments playing a key role in influencing near-term growth expectations.

A December report from Mastercard Economics also highlighted the robust expansion of Saudi Arabia’s non-oil sector. The analysis forecast that the Kingdom’s GDP will grow by 3.7 percent year on year in 2025, largely driven by increased non-oil activities.

The Mastercard report added that economic diversification efforts will remain a priority in 2025, with the government leveraging its strong fiscal position to finance infrastructure development and new investment opportunities.