Protests sweep Lebanon for a second day

1 / 2
Lebanese demonstrators burn tires and wave their national flag during a protest against dire economic conditions on Friday, October 18, 2019. (AFP)
2 / 2
Lebanese demonstrators burn tires and wave their national flag during a protest against dire economic conditions on Friday, October 18, 2019. (AFP)
Updated 18 October 2019
Follow

Protests sweep Lebanon for a second day

  • The unusually wide geographic reach of the protests has been seen as a sign of deepening anger with politicians
  • Lebanon’s economic growth has been hit by regional conflict and instability

BEIRUT: Protesters across Lebanon blocked roads with burning tires on Friday and marched in Beirut for a second day of demonstrations targeting the government over a deep economic crisis.
In Lebanon’s biggest protest in years, thousands of people gathered outside the government headquarters in central Beirut on Thursday evening, forcing the cabinet to backtrack on plans to raise a new tax on WhatsApp voice calls. Tear gas was fired as some demonstrators and police clashed in the early hours.
Fires lit in the street in central Beirut were smoldering on Friday morning. Pavements were scattered with the glass of several smashed shop-fronts and billboards had been torn down.
Protesters blocked roads in the north, the south and the Bekaa Valley, among other areas, the National News Agency (NNA) reported. Schools were closed on the instructions of the government.
Two foreign workers choked to death from a fire that spread to a building near the protests in Beirut, the NNA said.
This was the second wave of nationwide protests this month.
In a country fractured along sectarian lines, the unusually wide geographic reach of these protests has been seen as a sign of deepening anger with politicians who have jointly led Lebanon into crisis.


READ MORE: Lebanese PM gives government 72 hours to back his reforms as protests rage


The government, which includes nearly all of Lebanon’s main parties, is struggling to implement long-delayed reforms that are seen as more vital than ever to begin resolving the crisis.
The Lebanese newspaper an-Nahar described it as “a tax intifada,” or uprising, across Lebanon. Another daily, Al-Akhbar, declared it “the WhatsApp revolution” that had shaken Prime Minister Saad Hariri’s unity government.
Seeking ways to boost revenues, a government minister on Thursday announced plans to raise a new fee of 20 cents per day for calls via voice over Internet protocol (VoIP), used by applications including Facebook-owned WhatsApp.
But as the protests spread, Telecoms Minister Mohamed Choucair phoned into Lebanese broadcasters on Thursday evening to say the proposed levy on WhatsApp calls had been revoked.
Shattered by war between 1975 and 1990, Lebanon has one of the world’s highest debt burdens as a share of its economy. Economic growth has been hit by regional conflict and instability. Unemployment among those aged under 35 runs at 37 percent.
The kind of steps needed to fix the national finances have long proven elusive. Sectarian politicians, many of them civil war veterans, have long used state resources for their own political benefit and are reluctant to cede prerogatives.
The crisis has been compounded by a slowdown in capital flows to Lebanon, which has long depended on remittances from its diaspora to meet financing needs, including the state’s deficit.
The financial crunch has added to the impetus for reform but the government’s steps have yet to convince foreign donors who have offered billions in financial assistance conditional on changes.
The strains have emerged recently in the real economy where importers have been unable to secure dollars at the pegged exchange rate.
The cabinet is due to meet on Friday at the presidential palace in Baabda in what a minister has said would be the final session to discuss the 2020 state budget.


Syria authorities say torched 1 million captagon pills

Updated 10 min 42 sec ago
Follow

Syria authorities say torched 1 million captagon pills

DAMASCUS: Syria’s new authorities torched a large stockpile of drugs on Wednesday, two security officials told AFP, including one million pills of captagon, whose industrial-scale production flourished under ousted president Bashar Assad.
Captagon is a banned amphetamine-like stimulant that became Syria’s largest export during the country’s more than 13-year civil war, effectively turning it into a narco state under Assad.
“We found a large quantity of captagon, around one million pills,” said a balaclava-wearing member of the security forces, who asked to be identified only by his first name, Osama, and whose khaki uniform bore a “public security” patch.
An AFP journalist saw forces pour fuel over and set fire to a cache of cannabis, the painkiller tramadol, and around 50 bags of pink and yellow captagon pills in a security compound formerly belonging to Assad’s forces in the capital’s Kafr Sousa district.
Captagon has flooded the black market across the region in recent years, with oil-rich Saudi Arabia a major destination.
“The security forces of the new government discovered a drug warehouse as they were inspecting the security quarter,” said another member of the security forces, who identified himself as Hamza.
Authorities destroyed the stocks of alcohol, cannabis, captagon and hashish in order to “protect Syrian society” and “cut off smuggling routes used by Assad family businesses,” he added.
Syria’s new Islamist rulers have yet to spell out their policy on alcohol, which has long been widely available in the country.

Since an Islamist-led rebel alliance toppled Assad on December 8 after a lightning offensive, Syria’s new authorities have said massive quantities of captagon have been found in former government sites around the country, including security branches.
AFP journalists in Syria have seen fighters from Islamist group Hayat Tahrir Al-Sham (HTS) set fire to what they said were stashes of captagon found at facilities once operated by Assad’s forces.
Security force member Hamza confirmed Wednesday that “this is not the first initiative of its kind — the security services, in a number of locations, have found other warehouses... and drug manufacturing sites and destroyed them in the appropriate manner.”
Maher Assad, a military commander and the brother of Bashar Assad, is widely accused of being the power behind the lucrative captagon trade.
Experts believe Syria’s former leader used the threat of drug-fueled unrest to put pressure on Arab governments.
A Saudi delegation met Syria’s new leader Ahmed Al-Sharaa in Damascus on Sunday, a source close to the government told AFP, to discuss the “Syria situation and captagon.”
Jordan in recent years has also cracked down on the smuggling of weapons and drugs including captagon along its 375-kilometer (230-mile) border with Syria.


Rafael Nadal motivated to ‘create beautiful project’ for tennis in Saudi Arabia

Rafael Nadal spent some time in Jeddah last weekend as part of his role as Saudi Tennis Federation ambassador. (Supplied)
Updated 17 min 56 sec ago
Follow

Rafael Nadal motivated to ‘create beautiful project’ for tennis in Saudi Arabia

  • Spanish legend and STF ambassador believes Kingdom’s sports development and youth engagement is moving in the right direction

JEDDAH: Rafael Nadal said he “would really like” to bring his academy to Saudi Arabia but that nothing is yet set in stone, with conversations still in the early stages between his team and tennis officials in the Kingdom.

The former world No. 1 and 22-time Grand Slam champion spent some time in Jeddah last weekend as part of his role as Saudi Tennis Federation ambassador.

Nadal attended the last two days of the Next Gen ATP Finals at King Abdullah Sports City and took part in a host of community activities, including clinics and meet and greets, as he continues to familiarize himself with the tennis ecosystem in Saudi Arabia.

The Rafa Nadal Academy, based in Nadal’s hometown of Manacor in Mallorca, has been expanding to various locations around the globe, with operations in Mexico, Greece and Hong Kong, as well as two bases in the Middle East in Kuwait and Egypt.

Could Saudi Arabia be next?

“We are in conversation, nothing is done. Of course, it will be a great motivation to bring my people here, to create a beautiful project in that matter, where girls, boys, adults, can go and have a place to enjoy, to feel themselves in their club,” Nadal told Arab News.

“But it’s something that is a little bit green and it’s too soon to talk about it. But I know they are in conversation and let’s see what’s going on in the future. But of course, for me, it’s something I would really like.”

Nadal was announced as a new ambassador for the STF in January 2024, and has since made three visits to the Kingdom, including taking part in the Six Kings Slam showpiece in Riyadh two months ago alongside the likes of Novak Djokovic, Jannik Sinner and Carlos Alcaraz.

The 38-year-old Spaniard has visited the Gulf region many times since he made his Dubai Duty Free Tennis Championships debut in 2004 and feels a connection with this part of the world.

“I really like the way that the people here treat us every time we come here. In some way, in Spain we have a lot of similarities back in the history. So I enjoyed it,” said Nadal, reflecting on his two decades of visiting the Middle East.  

“I enjoyed playing in this part of the world, I had fun, and in general terms, I feel lucky that I was able to know all these places, countries, and because of tennis I was able to know different cultures all around the world and this one I’m happy to learn more and more.”

Nadal sent fans into a frenzy during his meet-and-greet sessions at the Next Gen ATP Finals last weekend, with queues extending from one end of the fan zone to the other, packed with supporters desperate for a signature from the Spanish legend.

He led a children’s clinic on the clay courts at Racquet Space tennis club and attended the trophy ceremony of the U14 ATF tournament staged at the King Abdullah Sports City tennis courts.

He shared some words of wisdom with Saudi Arabia’s Davis Cup team, a group of junior wheelchair tennis players, and some of the up-and-coming ATP stars competing in the Next Gen Finals tournament.

“I am still learning, of course, this is only my third time here. Every time I come, I am able to know a bit more,” Nadal said of his experiences so far in Saudi Arabia.  

“I was able to visit the historic old town in Jeddah this time. And I try to receive all the information, to really know the information from the people who really live here, and from the people who live here and are not Saudis, so it’s important to understand how their lives are here, being from a different part (of the world).

“And the message that I received always is really positive. They are very happy, they are following the opening of the country that has witnessed a huge change in the last seven years.”

Nadal added: “Of course nothing can be done from zero to 100 because the culture and the population cannot absorb all these changes in a short period of time. But I am really happy to see young people playing tennis, practicing the sport, and I think it’s the right move.

“Saudi is a very big country, with 35 million people, a very young population that I think having all these great events here encourages the young population here to practice and do sport and that’s great news. Because a sporting community is a healthy community and I really believe the country is moving in that direction and that’s very positive.”

As a long-time friend of footballer Cristiano Ronaldo, who joined Riyadh club Al-Nassr two years ago, Nadal is hoping to catch up with the Portuguese star in the Kingdom soon.

“I didn’t speak to Cristiano about that, hopefully next time I will be in Riyadh we can be in touch and meet each other,” Nadal said. “The last couple of times I have been here, we didn’t have the chance. But I am sure that in the future we will be together, at some point.”

Nadal officially retired from professional tennis last month at the Davis Cup Finals in Malaga and a docu-series detailing the final season of his career is scheduled for release on Netflix in 2025.

A collaborative production between Netflix and Skydance Sports, the docu-series “will include unprecedented access with Nadal throughout his comeback to competitive play in the 2024 season after sitting out much of 2023 due to injury” the streaming platform announced last week.  

Skydance founder and CEO David Ellison is one of the producers of the docu-series and the son of billionaire Larry Ellison, who owns the Indian Wells Masters tennis tournament.

“I think it’s going to be something interesting, that people are going to know more about my personal life, my daily life trying to come back. And of course they’re going to know more about my career, even if it’s very well known around, but to know a little bit more from inside, something that has never been talked about before,” Nadal said of the upcoming project.

“So I’m excited to see the final result, we have been working very hard. I always have been a little bit against doing this stuff but a great team like Skydance team and David Ellison called me and presented to me the project and at the end it was a fast decision and it was a big help of the family, the team, the tournaments, the rest of the players accepting that, and I am sure, and I hope that the people will like it.”

Just one month into his retirement, Nadal admits he is still getting used to life without tennis but he knows he will stay close to the sport, be it through his academy, his foundation, his role as STF ambassador, or any other capacity.

Would he consider coaching another player in future?

“You never say never,” the Spaniard said.

“Today it’s too early to think about this kind of stuff. I just need to organize my life. Now I don’t see myself in any project like this, but I don’t know how life is going to be in one, two, three years.”


Imran Khan’s party says wants to conclude negotiations with Pakistan government by Jan. 31

Updated 20 min 8 sec ago
Follow

Imran Khan’s party says wants to conclude negotiations with Pakistan government by Jan. 31

  • Khan’s PTI, Pakistan’s government kicked off talks to ease political tensions on Monday
  • PTI says Khan will not accept any “deal” with the government for his release from prison

ISLAMABAD: Former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party announced on Thursday it wanted to conclude its negotiations with the government by Jan. 31, 2025, reiterating that it wanted a judicial commission to probe violent nationwide protests that broke out in May 2023.
The PTI and the government opened formal negotiations on Monday to ease political tensions in the country. Both sides moved to reduce tensions after Khan threatened a civil dissidence movement and amid growing concerns he may face trial by a military court for allegedly inciting attacks on sensitive security installations during the May 9, 2023 protests.
The PTI has put forward two demands: the release of political prisoners and the establishment of judicial commissions to investigate protests on May 9 last year and Nov. 26 in Islamabad this year, which the government says involved his party supporters, accusing them of attacking military installations and government buildings. 
Members of the PTI’s negotiation team, Omar Ayub and Sahibzada Muhammad Hamid Raza, spoke to the media after meeting Khan in the Adiala prison in Rawalpindi. The negotiating committee apprised Khan regarding Monday’s talks with the government. 
“The cutoff timeframe for negotiations is the end of January,” Raza told reporters outside Adiala prison. “By Jan. 31, we want to take these negotiations to their logical conclusion.”
Raza reiterated the PTI’s demands for the formation of judicial commissions for the May 9, 2023 and Nov. 26 protests. 
“Our stance on the Nov. 26 (Islamabad protest) is quite clear: As of today, according to our data, 13 of our supporters were martyred, 64 suffered bullet injuries and the number of our missing supporters is between 150 to 200,” he said. 
He said Khan will not accept any “deal” by the government for his release from prison. “Imran Khan will after facing all his cases in court, come out through the courts,” Raza said. 
The next round of talks between the government and the PTI is scheduled to be held on Jan. 2. 
Khan’s ouster in a parliamentary vote of no-confidence in 2022 has plunged the country into a long-term political crisis, particularly since the PTI founder was jailed in August last year on corruption and other charges and remains behind bars. 
His party and supporters regularly hold protests calling for his release, with many of the demonstrations turning violent, including the one on Nov. 26 in which the government says four troops were killed and the PTI says 13 of its supporters died.
The negotiations on Monday were held days after Pakistan’s military announced prison sentences for 25 people involved in the May 9 protests. 
The military announced on Thursday it had sentenced 60 more civilians, among them Khan’s nephew and two retired army officers, to prison sentences ranging from two to 10 years, for the May 9 protests. 
Khan’s party has pointed out that the sentencing is contrary to the International Covenant on Civil & Political Rights, to which Pakistan is a party.


Closing Bell: Saudi main index slips to close at 11,859

Updated 33 min 34 sec ago
Follow

Closing Bell: Saudi main index slips to close at 11,859

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Thursday, losing 32.85 points, or 0.28 percent, to close at 11,859.47.

The total trading turnover of the benchmark index reached SR2.80 billion ($747 million), as 78 stocks advanced and 143 retreated.

Similarly, the Kingdom’s parallel market Nomu declined by 120.35 points, or 0.39 percent, to close at 30,886.71, with 37 stocks advancing and 38 retreating.

The MSCI Tadawul Index also dropped 3.44 points, or 0.23 percent, to end at 1,490.30.

The best-performing stock of the day was Rasan Information Technology Co., whose share price surged 7.58 percent to SR79.50. Other top performers included The Mediterranean and Gulf Insurance and Reinsurance Co., which rose by 7.17 percent to SR24.80, and The National Co. for Glass Industries, up 4.15 percent to SR55.20.

On the downside, Saudi Research and Media Group recorded the steepest drop, falling 3.86 percent to SR269.00. Al-Baha Investment and Development Co. saw its share price decline by 3.85 percent to SR0.50, while Red Sea International Co. dropped 3.63 percent to SR58.40.

On the announcement front, Mutakamela Insurance Co. launched its new identity and brand name, Mutakamela, following regulatory approvals and shareholder consent at its extraordinary general assembly meeting. 

Mutakamela ended the session unchanged at SR14.78.

Al-Yamamah Steel Industries Co. reported a net profit of SR70.8 million for the year ending Sept. 30, a significant turnaround from the SR130.14 million loss recorded in the previous year. The profit increase was attributed to reduced costs in the construction sector by 20.82 percent, electricity by 7.56 percent, and solar energy by 10.35 percent.

Additionally, the company’s board recommended distributing SR25.4 million in cash dividends to shareholders for the fiscal year ending Sept. 30. Eligible shareholders will receive a dividend of SR0.50 per share, representing 5 percent of the share’s par value, with 50.8 million shares eligible for the payout. 

Al-Yamamah Steel closed the session at SR35.00, down 1.75 percent.

Arabian Contracting Services Co. secured a project worth SR563 million with the Royal Commission for Riyadh City to invest in and lease internal advertising spaces within the King Abdulaziz Public Transport Project in Riyadh. 

The 10-year agreement aligns with the company’s strategy to expand its advertising activities. 

Its stock rose 0.68 percent to close at SR149.00.

Bank Al-Jazira announced the start of issuing its Additional Tier 1 Sukuk under a SR5 billion program through private placement. The issuance amount and terms will be determined based on market conditions, with a minimum subscription of SR1 million. 

The sukuk offer price, par value, and return will also be market-dependent. The bank has appointed Al-Jazira Capital, Al-Rajhi Capital, and HSBC Saudi Arabia as joint lead managers and dealers.

Bank Al-Jazira’s stock rose 0.96 percent to close at SR18.68.


Jordan says 18,000 Syrians returned home since Assad’s fall

Updated 33 min 6 sec ago
Follow

Jordan says 18,000 Syrians returned home since Assad’s fall

AMMAN: About 18,000 Syrians have crossed into their country from Jordan since the government of Bashar Assad was toppled earlier this month, Jordanian authorities said on Thursday.
Interior Minister Mazen Al-Faraya told state TV channel Al-Mamlaka that “around 18,000 Syrians have returned to their country between the fall of the regime of Bashar Assad on December 8, 2024 until Thursday.”
He said the returnees included 2,300 refugees registered with the United Nations.
Amman says it has hosted about 1.3 million Syrians who fled their country since civil war broke out in 2011, with 650,000 formally registered with the United Nations.