Hamas leader Haniyeh attends Soleimani’s funeral in Iran

Ismail Haniyeh, in an address to Iranian mourners, described the slain general, Qassem Soleimani, as “the martyr of Jerusalem.” (File/AFP)
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Updated 07 January 2020
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Hamas leader Haniyeh attends Soleimani’s funeral in Iran

  • Egypt allowed Haniyeh to travel for the first regional tour since his 2017 election into the Hamas leadership on the condition that he does not visit Iran
  • Zainab Soleimani, threatened US military forces in the Middle East at a funeral procession for her father

TEHRAN: The leader of the Palestinian militant group Hamas is in Tehran is attending the funeral of an Iranian general killed in a US airstrike in Iraq.
Ismail Haniyeh, in an address to Iranian mourners, described the slain general, Qassem Soleimani, as “the martyr of Jerusalem.”
Haniyeh vowed that Palestinian militant groups, including his group that controls Gaza, will walk Soleimani’s way “to confront the Zionist project and the American influence.”
Haniyeh’s visit to Iran was surprising. In December, Egypt allowed him to travel for his first regional tour since his 2017 election into the Hamas leadership on the condition that he does not visit Iran, according to Arab and Israel media reports.

Iran’s Supreme Leader Ayatollah Ali Khamenei has prayed over the caskets of the top Iranian general and others slain in a US airstrike near the Baghdad airport last week.




(AFP)

The general’s successor, Esmail Ghaani stood near his side, as did Iranian President Hassan Rouhani and other top leaders in the Islamic Republic.
Khamenei wept at one point during the traditional Muslim prayers for the dead. The crowd and others wailed. Afterward, the crowd screamed: “Death to America!”
Earlier on Monday, the slain general’s daughter, Zainab Soleimani, threatened US military forces in the Middle East at a funeral procession for her father.
“The families of US soldiers in the Middle East will spend their days waiting for death of their children,” she said.


Militia detains 300 migrants in the desert in Libya’s effort to contain sea crossings

Updated 2 min 17 sec ago
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Militia detains 300 migrants in the desert in Libya’s effort to contain sea crossings

The group in a post on Facebook condemned smuggling and human trafficking and said its patrols would continue efforts to block smuggling routes
The apprehensions come as Libya remains a primary point of departure for men, women and children from the Middle East and Africa aiming to reach Europe

TRIPOLI: Libyan military officials said Monday they apprehended hundreds of migrants traversing the country’s vast desert hoping to ultimately cross the Mediterranean Sea in pursuit of a better life in Europe.
The 444 Brigade, a powerful militia group that operates under the auspices of the Libyan army, said in a statement that its patrolling commanders detained more than 300 migrants and referred them to authorities.
The group in a post on Facebook condemned smuggling and human trafficking and said its patrols would continue efforts to block smuggling routes. It posted satellite images of the desert and pictures of what appeared to be migrants sitting in rows in front of armed and masked militants.
The apprehensions come as Libya remains a primary point of departure for men, women and children from the Middle East and Africa aiming to reach Europe. Many are escaping war or poverty and many employ smugglers to help them negotiate treacherous deserts and sea routes. Roughly 38,000 people have arrived in Italy and Malta from Libya this year, according to UNHCR, the United Nations Refugee Agency.
The overcrowded boats used by migrants and smugglers are known to routinely capsize and a key priority for European leaders has been to encourage North African countries to prevent migrants from reaching the sea. But unlike in Morocco and Tunisia — where tens of thousands of migrants also attempt to pass through en route to the southern shores of Europe — fighting between rival governments in Libya has added additional challenges to migration management partnerships.
Migrant apprehensions are rarely reported in Libya, though the country’s state news service LANA reported more than 2,000 arrests in July.
The oil-rich country plunged into turmoil after a NATO-backed uprising toppled longtime dictator Muammar Qaddafi. Since then, the country has been divided between dueling governments in the east and west, each backed by militias and foreign powers. Human traffickers have for years benefited from the political chaos.
United Nations High Commissioner for Human Rights Volker Türk in July said migrants in the country had been subjected to torture, forced labor and starvation while being detained.

Pakistani conglomerate Descon announces local incorporation in Saudi Arabia

Updated 3 min 59 sec ago
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Pakistani conglomerate Descon announces local incorporation in Saudi Arabia

  • Pakistan’s Descon Engineering operates in the engineering, power and chemical sectors
  • It has a long-standing strategic partnership with the Olayan Saudi Holding Company 

KARACHI: Pakistan’s Descon Engineering, which operates in the engineering, power and chemical sectors, on Tuesday announced the incorporation of Descon Engineering Arabia, a registered entity in the Kingdom of Saudi Arabia, in partnership with its long-standing strategic partner, Olayan Saudi Holding Company (OSHCO.)

OSHCO is a Saudi-based diversified business enterprise with commercial and industrial operations spread across Saudi Arabia and the wider Middle East and North Africa regions. The company’s portfolio includes more than 25 companies operating in five sectors, namely, food and beverages, restaurants, health and personal care, information and communications technology (ICT), and energy.

Descon, a group of companies headquartered in the eastern Pakistani city of Lahore, is active in UAE, Qatar, Saudi Arabia, Kuwait, Oman, Iraq, and South Africa.

“This significant development reaffirms Descon’s continued commitment to the Kingdom and highlights its focus on localization within Saudi Arabia,” Descon said in a statement. 

“Through Descon Engineering Arabia, the company is further expanding its regional footprint, reinforcing its position as a trusted and established service provider dedicated to meeting the needs of customers across the Kingdom.”

The company said the “new chapter” had strengthened its resolve to make a broader global impact, ensuring enhanced value delivery to clients in Saudi Arabia, while supporting the development of local talent and capacity building.

“As we establish Descon Engineering Arabia in partnership with OSHCO, we reaffirm our commitment to the Kingdom of Saudi Arabia and its vision for sustainable growth. This step represents a deepening of our long-standing relationship with the region, enabling us to deliver tailored solutions while contributing to local talent development and capacity building,” Taimur Saeed, CEO of Descon Engineering, said. 

“We look forward to fostering stronger collaborations and continuing to serve the Kingdom with the reliability and expertise that have defined our journey for nearly five decades.”

Through Descon Engineering Arabia, Descon Engineering is positioned to deliver even greater value, continuing its “dedication to excellence and local growth” for customers in Saudi Arabia and the region, the company added. 


Closing Bell: Saudi main index closes in red at 11,736 

Updated 14 min 15 sec ago
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Closing Bell: Saudi main index closes in red at 11,736 

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, with the index shedding 51.65 points to close at 11,736.07. 

The total trading turnover of the benchmark index was SR5.15 billion ($1.37 billion) with 54 of the listed stocks advancing, while 179 declined.

The Kingdom’s parallel market Nomu also slipped by 0.85 percent to 30,602.83, while the MSCI Tadawul Index inched down by 0.22 percent to 1,474.39.  

The best-performing stock on the main market was Riyadh Cables Group Co., with its share price surging by 7.56 percent to SR128.  

Media giant MBC Group’s share price soared by 6.83 percent to SR50.80, while the stock price of Elm Co. increased by 4.03 percent to SR1,105.  

Conversely, the share price of Jadwa REIT Saudi Fund slipped by 5.12 percent to SR10.38.  

On Nomu, the top gainer was Miral Dental Clinics Co. The firm’s share price increased by 14.63 percent to SR113.60. 

In announcements, the Saudi Investment Bank stated that it has completed the debut offering of its $750 million dollar-denominated Tier 1 Sustainable Sukuk, issued under its $1.5 billion Additional Tier 1 Sukuk Program. 

The bank confirmed that the offering will be settled on Nov. 27, and the sukuk will be listed on the London Stock Exchange’s International Securities Market. 

SAIB’s share price rose by 0.57 percent on Tuesday, closing at SR14.04. 

Saudi Reinsurance Co. announced that it has received approval from the Kingdom’s Capital Market Authority to increase its capital by offering 26.73 million shares, while suspending preemptive rights, at a value of SR427.68 million. 

The reinsurance firm’s share price increased slightly by 0.11 percent to SR45.50. 

Tamkeen Human Resources Co. stated that it will begin trading on Saudi Arabia’s main market on Nov. 27. 

The daily and static fluctuation limits for the company’s stocks will be set at 30 percent and 10 percent, respectively, during the first three days of trading. 

From the fourth day, the daily price fluctuation limits will revert to ±10 percent, and the static price fluctuation limits will no longer apply. 


Major food aid ‘scale-up’ underway to famine-hit Sudan, WFP says

Updated 11 min 48 sec ago
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Major food aid ‘scale-up’ underway to famine-hit Sudan, WFP says

  • “In total, the trucks will carry about 17,500 tons of food assistance, enough to feed 1.5 million people for one month,” said WFP Sudan spokesperson Leni Kinzli
  • The WFP fleet will be clearly labelled in the hope that access will be facilitated

GENEVA: More than 700 trucks are on their way to famine-stricken areas of Sudan as part of a major scale-up after clearance came through from the Sudanese government, a World Food Programme spokesperson said on Tuesday.
The army and the paramilitary Rapid Support Forces have been locked in conflict since April 2023 that has caused acute hunger and disease across the country. Both sides are accused of impeding aid deliveries, the RSF by looting and the army by bureaucratic delays.
“In total, the trucks will carry about 17,500 tons of food assistance, enough to feed 1.5 million people for one month,” WFP Sudan spokesperson Leni Kinzli told a press briefing in Geneva.
“We’ve received around 700 clearances from the government in Sudan, from the Humanitarian Aid Commission, to start to move and transport assistance to some of these hard-to-reach areas,” she added, saying the start of the dry season was another factor enabling the scale-up.
The WFP fleet will be clearly labelled in the hope that access will be facilitated, she said.
Some of the food is intended for 14 areas of the country that face famine or are at risk of famine, including Zamzam camp in the Darfur region.
The first food arrived there on Friday prompting cheers from crowds of people who had resorted to eating crushed peanut shells normally fed to animals, Kinzli said.
A second convoy for the camp is currently about 300 km (186 miles) away, she said.
On Monday, the head of Sudan’s sovereign council, Abdel Fattah Al-Burhan, said he would allow the airports in El Obeid, Kadugli, and Damazine — army-controlled areas isolated by the fighting — to serve as humanitarian hubs for UN agencies to facilitate deliveries.


EU delegation reviews Saudi efforts to combat extremism

Updated 25 min 12 sec ago
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EU delegation reviews Saudi efforts to combat extremism

  • Global Center for Combating Extremist Ideology’s secretary-general, Mansour Al-Shammari, received the delegation and addressed several topics of mutual interest in combating extremism
  • EU members were briefed on the center’s strategy and its efforts to combat extremist ideology as well as mitigate its impact and messages

RIYADH: Members of the EU’s Political and Security Committee, including its chair, Delphine Pronk, paid an official visit to the Global Center for Combating Extremist Ideology in Riyadh.

The center’s secretary-general, Mansour Al-Shammari, received the delegation and addressed several topics of mutual interest in combating extremism.

The EU members were briefed on the center’s strategy and its efforts to combat extremist ideology as well as mitigate its impact and messages, the Saudi Press Agency reported on Tuesday.

They also learned about the community initiatives and international partnerships that promote the principles of tolerance and a culture of moderation.

The meeting was attended by EU Special Representative for the Gulf Luigi Di Maio, European External Action Service Managing Director for the Middle East and North Africa Helene Le Gal, EU Ambassador to Saudi Arabia Christophe Farnaud and Saudi Ambassador to the EU Haifa Al-Jedea.

Earlier, the EU delegation visited the Gulf Cooperation Council’s headquarters in Riyadh and met Secretary-General Jasem Al-Budaiwi to discuss mutual interests and joint efforts to address global challenges.

Topics included regional issues such as Israel, Gaza, Lebanon, Gulf security, Iran, maritime security in the Red Sea, Iraq, Sudan, the Horn of Africa and Russia’s aggression against Ukraine.

The delegation also met Saudi Minister of State for Foreign Affairs and Climate Envoy Adel Al-Jubeir to discuss climate change, environmental cooperation and strengthening joint efforts in these areas. They also reviewed recent foreign policy developments in Europe and the Middle East.