Saudi Aramco completes $2.65bn purchase of Valvoline Inc.’s global products business

Aramco will own the Valvoline brand in connection with its product business (AFP)
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Updated 02 March 2023
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Saudi Aramco completes $2.65bn purchase of Valvoline Inc.’s global products business

Dhahran: Saudi Aramco has completed through a wholly owned subsidiary the acquisition of US company Valvoline Inc.’s global products business for $2.65 billion.

Under the deal, which came after the two companies signed a share purchase agreement announced on Aug. 1, last year, Aramco aims to become one of the most prominent integrated brands in the world in the field of lubricants.

Aramco will own the Valvoline brand in connection with its product business, while Valvoline will own the brand in connection with its retail services business, and the two firms plan to work together to further spread ownership of the Valvoline brand globally.

Headquartered in Lexington, Kentucky, Valvoline Global Operations will continue to be a world leader in automotive and industrial solutions, creating future-ready products and best-in-class services for partners around the globe.

The acquisition is expected to enhance Aramco’s growing presence in the premium brand lubricants market, while opening global horizons to promote the established name and provide a foundation for future growth and integration of its refining, chemicals, and marketing business portfolio.


Unidentified drone kills PKK member, injures another near Iraq’s Sulaymaniyah, sources say

Updated 2 min 39 sec ago
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Unidentified drone kills PKK member, injures another near Iraq’s Sulaymaniyah, sources say

  • Officials said this is the first attack of its kind in months

BAGHDAD: An unidentified drone attack killed a member of the Kurdistan Workers Party (PKK) and injured another near Iraq’s Sulaymaniyah on Saturday, security sources and local officials said, the first attack of its kind in months.


Training program in Asir focuses on traditional wall decoration

Updated 6 min 12 sec ago
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Training program in Asir focuses on traditional wall decoration

RIYADH: The Royal Institute of Traditional Arts, known as Wrth, in collaboration with Soudah Development Co., has opened registration for a specialized training program on Al-Qatt Al-Asiri art.

This centuries-old art form, traditionally painted by women on the walls of homes in the Asir region, features murals with straight lines, triangles, circles, and squares.

Al-Qatt Al-Asiri gained international recognition in 2017 when it was added to UNESCO’s Lists of Intangible Cultural Heritage, the Saudi Press Agency reported.

Scheduled for July 27-31 in Asir, the program lets participants explore the history and aesthetics of Al-Qatt Al-Asiri, learning the traditional methods with geometric patterns and engravings inspired by the local environment.

It also offers hands-on training in creating natural colors and mastering traditional techniques, the SPA added.

The Arabic term “qatt” means lines, carvings, or cuttings, and represents the detailed interior work done by women. Colors flow gracefully from their hands in a style known as qattatah, forming patterns based on the nature of the surface.

Drawing inspiration from local culture, it showcases intricate geometric patterns reflecting the landscape and the vibrant colors of nature.

Artisans use colors derived from limestone, clays, plants, or powders, prepared with stabilizers and gloss agents. Primary red, yellow, and blue are complemented by green, orange, white, and black.


Bangladesh’s Islamist party projects force with a big rally in Dhaka

Updated 8 min 17 sec ago
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Bangladesh’s Islamist party projects force with a big rally in Dhaka

  • An interim government headed by Nobel Peace Prize laureate Muhammad Yunus said the next election would be held in April
  • Jamaat-e-Islami said earlier it would mobilize 1 million people on Saturday

DHAKA: Hundreds of thousands of supporters of Bangladesh’s largest Islamist party rallied in the capital on Saturday to show their strength ahead of elections expected next year, as the South Asian nation stands a t a crossroads after the ouster of former Prime Minister Sheikh Hasina.

An interim government headed by Nobel Peace Prize laureate Muhammad Yunus said the next election would be held in April but his administration did not rule out a possibility of polls in February as strongly demanded by the Bangladesh Nationalist Party and its allies.

Jamaat-e-Islami, which had sided with Pakistan during Bangladesh’s war of independence in 1971, said earlier it would mobilize 1 million people on Saturday.

While Hasina was in power from 2009 until she was toppled in student-led protests last year and fled to India, top leaders of Jamaat-e-Islami were either executed or jailed on charges of crimes against humanity and other serious crimes in 1971.

In late March in 1971 Pakistan’s military had launched a violent crackdown on the city of Dhaka, then part of East Pakistan, to quell a rising nationalist movement seeking independence for what is today known as Bangladesh.

The party on Saturday placed a seven-point demand to the Yunus-led administration to ensure a free, fair and peaceful election, the trial of all mass killings, essential reforms and proclamation and implementation of a charter involving last year’s mass uprising. It also wants the introduction of a proportional representation system in the election.

Thousands of supporters of Jamaat-e-Islami had spent the night on the Dhaka University campus before the rally. On Saturday morning, they continued to stream toward the Suhrawardy Udyan, a historical ground where the Pakistani army had surrendered to a joint force of India and Bangladesh on Dec. 16 in 1971, ending the nine-month war.

It was the first time the party was allowed to hold a rally on this ground since 1971. To many, the decision signaled a shift supported by Yunus’ government in which Islamists are gaining momentum with further fragmentation of Bangladesh’s politics and shrinking of liberal forces.

Hasina, whose father was the independence leader and the country’s first president, is a fierce political rival of Jamaat-e-Islami.

The party is expected to contest 300 parliamentary seats and is attempting to forge alliances with other Islamist groups and parties in hopes of becoming a third force in the country behind the BNP, headed by former Prime Minister Khaleda Zia, and Hasina’s former ruling Awami League party.

The party has a close connection with a new political party formed by students who led the anti-Hasina uprising. Both Jamaat-e-Islami and the students’ National Citizen Party also promote anti-India campaign.

The Yunus-led administration has banned the Awami League and Hasina has been in exile in India since Aug. 5. She is facing charges of crimes against humanity. The United Nations said in February that up to 1,400 people may have been killed during the anti-Hasina uprising in July-August last year.


UK to fight compensation claims after massive Afghanistan data leak

Updated 21 min 54 sec ago
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UK to fight compensation claims after massive Afghanistan data leak

  • Ministry of Defence accidentally released sensitive information on people who worked with British forces against Taliban
  • Breach from 2022 was hushed up by government but thousands now joining lawsuits

London: The UK will resist paying compensation to thousands of Afghans caught up in a data leak scandal, The Times reported on Saturday.

The names and details of around 100,000 people in Afghanistan who worked with UK Armed Forces as part of the US-led coalition in the country were accidentally revealed online by a Ministry of Defence employee in February 2022.

It led to a massive covert program to bring large numbers of Afghans to Britain for fear they could be targeted by the Taliban, it emerged this week.

But the MoD will fight five-figure claims against it for endangering the lives of Afghans caught up in the leak following a review by former civil servant Paul Rimmer, ordered by Defence Secretary John Healey, which suggested that the risk to their safety had “diminished.”

Lawyers for the ministry say taxpayers have already paid enough after billions of pounds were set aside for the repatriation scheme of around 24,000 Afghan personnel and their families to the UK, a source told The Times.

Thousands of Afghans still trapped in their country have been left in fear for their safety after learning about the data breach on July 15.

The leak and accompanying repatriation scheme were kept from public knowledge after the government used a legal device called a superinjunction to prevent reporting on it. 

Before the superinjunction was lifted by a court, the government announced a small compensation scheme for victims of a separate, smaller data leak from 2021, of £4,000 ($5,364) per person.

The MoD will contest compensation claims by law firms representing Afghans affected by the 2022 breach.

The biggest lawsuit, brought by Barings Law, involves over 1,000 Afghan clients. The Times said it has seen WhatsApp messages sent to people in the UK, Afghanistan and Pakistan urging them to register with Barings to join the lawsuit.

The firm’s head of data protection, Adnan Malik, said around 100 people a day are signing up to sue the MoD, and the firm expects to be able to win payouts of “at least five figures” for those who can prove they had been contacted by the ministry confirming that their details were leaked.

Law firm Leigh Day is also suing the government on behalf of hundreds of Afghan clients. “We are currently acting for a number of existing clients and are also being approached each day by dozens more people who have been affected,” Sean Humber, a partner at the firm, told The Times.

The MoD confirmed that around 5,400 Afghans still in their country are eligible for flights to the UK under the Afghan Response Route and the Afghan Relocations and Assistance Policy.

It expects to have relocated all those deemed at risk from the Taliban and with a right to come to Britain under its various programs by 2029.

An MoD spokesman told The Times: “We will robustly defend against any legal action or compensation. The independent Rimmer Review concluded that it is highly unlikely that merely being on the spreadsheet would be grounds for an individual to be targeted, and this is the basis on which the court lifted its super injunction this week.”


Car rams Los Angeles crowd, injuring 28: fire department

Updated 23 min 9 sec ago
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Car rams Los Angeles crowd, injuring 28: fire department

  • More than 100 firefighters responded to the scene in East Hollywood
  • An earlier report from officials had listed four to five people in “at least critical condition“

LOS ANGELES: An “unknown vehicle” drove into a crowd in Hollywood in the early hours of Saturday, injuring 28 people, the Los Angeles Fire Department said, without providing information on the cause of the incident.

More than 100 firefighters responded to the scene in East Hollywood assisting three patients in critical condition, six in serious condition and 19 listed as fair, the Fire Department said.

An earlier report from officials had listed four to five people in “at least critical condition.”

ABC News quoted a Fire Department official saying that preliminary investigations pointed to a driver losing consciousness and ramming a large crowd outside a nightclub. However, this could not be immediately verified.

The area where the incident occurred is near Hollywood landmarks including Sunset Boulevard and the Walk of Fame — a sidewalk emblazoned with stars commemorating movie industry figures.