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General

Homes Flooded, Roads Closed Due to Heavy Rain in Gaza Strip

Dozens of homes were flooded and many roads were closed in various areas of Gaza Strip on Wednesday due to heavy rainfall.

According to Palestinian news agency (WAFA), dozens of homes were flooded in Jabalia, north of Gaza Strip, and in a number of neighborhoods of the city and the Beach Camp, especially in low-lying areas.

Heavy rain also caused serious damage to many commercial shops and property, and closure of many roads, amid strong winds that caused trees and billboards to fall.

Source: Qatar News Agency

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General

Minister of Transport Meets Azerbaijani Minister of Digital Development and Transport

HE Minister of Transport Jassim bin Saif Al Sulaiti met with HE Minister of Digital Development and Transport of the Republic of Azerbaijan Rashad Nabiyev.

During the meeting, the two sides discussed aspects of bilateral cooperation in the fields of transportation, various transport activities, commercial ports and civil aviation, and ways to enhance and develop them.

HE Ambassador of the State of Qatar to the Republic of Azerbaijan Faisal bin Abdullah Hamad Al Hanzab attended the meeting.

Source: Qatar News Agency

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General

Kingdom to Host World Environment Day 2024

The United Nations Environment Program (UNEP) has announced that the Kingdom will host World Environment Day in 2024.

The announcement was made during a meeting Tuesday in Nairobi between UNEP Executive Director Inger Andersen and Saudi Ambassador to Kenya Khalid bin Abdullah Al-Salman.

Holding World Environment Day in the Kingdom reflects the vital and effective role of the Saudi government in the environmental field, in accordance with the Kingdom’s Vision 2030 and the directives of the wise leadership.

World Environment Day is celebrated annually on June 5, and over the past five decades, the day has developed into one of the largest global platforms for environmental awareness.

Source: Saudi Press Agency

Categories
General

Flash Floods in Vietnam Kill Two, Leave Eight Missing

Heavy rains in the northern mountain provinces of Vietnam have caused flash floods and landslides in several areas, killing two people and leaving eight missing, the dpa quoted Vietnamese authorities as saying on Wednesday.

The destruction occurred Tuesday night, with the biggest devastation in the Lien Minh Commune of Lao Cai province, where many local residents’ property and homes were washed away, the National Steering Committee for Disaster Prevention and Control said.

Rescue forces said it was difficult to reach the disaster-stricken region due to high floodwaters and extensive inundated areas.

Local authorities are searching for the missing.

The Vietnam National Centre for Hydro-Meteorological Forecasting has warned of more flooding in the region in the coming days.

Source: Saudi Press Agency

Categories
Government

Albudaiwi: GCC Aspires to Strengthening its Dialogue With International Community to Achieve Global Security and Stability

Secretary General of the Gulf Cooperation Council (GCC) Jassem Mohamed Albudaiwi said that the Cooperation Council looks forward to strengthening its dialogue with the international community in order to achieve global security and stability, and work to resolve all conflicts through peaceful means, based on the rules of international law and the Charter of the United Nations.

This came during the GCC Secretary General’s participation in the meeting of the North Atlantic Council of NATO and representatives of the partners in the Istanbul Cooperation Initiative (ICI), headed by Deputy Secretary General of NATO Mircea Joanna.

Held in Brussels today, the meeting also witnessed the participation of the ambassadors of NATO countries and the ambassadors of Finland, the Kingdom of Sweden, the United Arab Emirates, the Kingdom of Bahrain, the State of Qatar and the State of Kuwait via audiovisual communication.

On this occasion, the GCC Secretary General indicated that the potential cooperation between the GCC General Secretariat and NATO, which is considered the largest military alliance in the world, is of paramount importance, especially with the existence of opportunities to effectively engage in constructive strategic partnerships and dialogues with its members.

Albudaiwi praised the robust and productive collaboration between the Kingdom of Bahrain, the State of Qatar, the State of Kuwait, and the United Arab Emirates on one hand, and NATO, on the other, under the umbrella of the Istanbul Cooperation Initiative and through NATO-ICI Regional Centre, which will celebrate its seventh anniversary next January.

Furthermore, Albudaiwi cited the encouraging statements articulated by His Excellency Mr Jens Stoltenberg, Secretary General of NATO, during his visit to our region on many occasions, especially during his visit to the State of Kuwait, where he asserted during the visit that “The security of the Gulf is the security of the Alliance.”

He also stated that the NATO-ICI Regional Centre has played a pivotal role in strengthening the collective understanding of NATO’s role and the significance of cooperation with the organisation within the region, clarifying that it has been instrumental in enhancing the individual capabilities of its ICI members, as well as the Kingdom of Saudi Arabia and the Sultanate of Oman.

During his speech, the GCC Secretary General also reviewed the positions of the GCC countries on regional and international issues, stressing their role in achieving global security and prosperity, which is based on development, prosperity and stability.

He indicated that the Cooperation Council has now become a strong voice on the global scene, enabling it to contribute in resolving some regional and international conflicts, through its strong partnerships with all key players in the world.

Albudaiwi concluded by expressing the aspiration of the GCC General Secretariat to extend a welcoming hand for cooperation with NATO across a broad spectrum of shared interests that serve the cause of regional and global peace and stability, adding that the GCC welcomes any propositions from NATO for collaborative endeavors in mutually agreed-upon domains.

Source: Saudi Press Agency

Categories
Government

A Delegation from Somalia Visits KSrelief’s Headquarters in Riyadh

A delegation of members of the House of the People of the Federal Republic of Somalia, led by Chair of Foreign Affairs Committee Abdillahi Bidhan Warsame, paid a visit today to the headquarters of the King Salman Humanitarian Aid and Relief Center (KSrelief) in Riyadh.

Abdillahi Bidhan Warsame met, during the visit, with KSrelief’s Assistant Supervisor General for Financial and Administrative Affairs Dr. Salah Al-Mazrou and KSrelief’s Assistant Supervisor General for Operations and Programs Eng. Ahmed bin Ali Al-Baiz.

During the meeting, the two sides discussed issues related to humanitarian and relief affairs, developments in the projects implemented by the KSrelief in Somalia, and ways to enhance them.

The visiting delegation praised the humanitarian and relief assistance the Kingdom of Saudi Arabia provided through its humanitarian arm, KSrelief, to all people in need worldwide, especially the Somali people.

Source: Saudi Press Agency

Categories
Government

‘GCC keen to strengthen international partnership to achieve global security, resolve conflicts peacefully’

Jassem Mohamed Al-Budaiwi, Secretary-General of the Gulf Cooperation Council (GCC), said that the GCC looks forward to strengthening its dialogue with the international community in order to achieve global security and stability, and resolve all conflicts through peaceful means, based on the rules of international law and the Charter of the United Nations.

The Secretary General made the remarks while participating in the meeting of the North Atlantic Council of NATO and representatives of the partners in the Istanbul Cooperation Initiative (ICI), headed by Mircea Joanna, Deputy Secretary General of NATO.

Held today in Brussels, the meeting also witnessed the participation of the ambassadors of NATO countries and the ambassadors of Finland, the Kingdom of Sweden, the United Arab Emirates, the Kingdom of Bahrain, the State of Qatar and the State of Kuwait via audiovisual communication.

On this occasion, the Secretary General indicated that the potential cooperation between the GCC General Secretariat and NATO, which is considered the largest military alliance in the world, is of paramount importance, especially with the existence of opportunities to effectively engage in constructive strategic partnerships and dialogues with its members.

He praised the robust and productive collaboration between the Kingdom of Bahrain, the State of Qatar, the State of Kuwait, and the United Arab Emirates on one hand, and NATO, on the other, under the umbrella of the Istanbul Cooperation Initiative and through NATO-ICI Regional Centre, which will celebrate its seventh anniversary next January.

Albudaiwi cited the encouraging statements made by Jens Stoltenberg, Secretary General of NATO, during his visit to the region on many occasions, especially during his visit to the State of Kuwait, where he asserted that “The security of the Gulf is the security of the Alliance.”

He also stated that the NATO-ICI Regional Centre has played a pivotal role in strengthening the collective understanding of NATO’s role and the significance of cooperation with the organisation within the region, clarifying that it has been instrumental in enhancing the individual capabilities of its ICI members, as well as the Kingdom of Saudi Arabia and the Sultanate of Oman.

The GCC chief also reviewed the stances of the GCC countries on regional and international issues, stressing their role in achieving global security and prosperity, which is based on development, prosperity and stability.

He indicated that the GCC has now become a strong voice on the global scene, enabling it to contribute to resolving some regional and international conflicts, through its strong partnerships with all key players in the world.

He concluded by expressing the aspiration of the GCC General Secretariat to extend a welcoming hand for cooperation with NATO across a broad spectrum of shared interests that serve the cause of regional and global peace and stability, adding that the GCC welcomes any propositions from NATO for collaborative endeavours in mutually agreed-upon domains.

Source: Bahrain News Agency

Categories
Government

HRH the Crown Prince and Prime Minister arrives in the United States of America

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today arrived in the United States of America, on an official visit to meet with senior officials from the US administration.

During the visit, His Royal Highness will hold discussions to develop bilateral relations and cooperation to meet common aspirations.

Upon arrival, His Royal Highness was received by the National Security Advisor, Secretary-General of the Supreme Defence Council, and Commander of the Royal Guard, His Highness Lieutenant-General Shaikh Nasser bin Hamad Al Khalifa, the Minister of Foreign Affairs, HE Dr Abdullatif bin Rashid Al Zayani, the Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, the Minister of Sustainable Development, HE Noor bint Ali Al Khulaif, the Ambassador of the Kingdom of Bahrain to the United States of America, HE Shaikh Abdulla bin Rashid bin Abdulla Al Khalifa, and other senior officials.

Source: Bahrain News Agency

Categories
Market

UAE Banks’ investments grow 18.8% in July to AED 580 billion

Investments of banks operating in the UAE reached AED580 billion at the end of July 2023, the highest level in history, according to the latest statistics of the UAE Central Bank.

According to Emirates News Agency (WAM), the data showed that investments of banks operating in the country increased by 18.8 percent on an annual basis, from AED487.7 billion in July 2022. On a monthly basis, investments of banks increased by 0.91 percent, from AED574.3 billion in June 2023.

Bonds held until maturity accounted for the largest share of banks’ investments, reaching AED 266.8 billion at the end of July 2023, an increase of 1.3 percent from the previous month, when it was AED 263.3 billion. Debt securities, which represent debts owed to others, made up about 43 percent of the total investments, reaching AED 249.9 billion at the end of July 2023, an increase of 0.6 percent from AED 248.5 billion in June 2023.

Bank investments in stocks reached AED 12.5 billion at the end of July 2023, an increase of 3.3 percent from the previous month, when it was AED 12.1 billion. During the first seven months of 2023, bank investments in stocks increased by 5.9 percent, from AED 11.8 billion in December 2022.

According to Central Bank statistics, other investments by banks amounted to AED 50.3 billion at the end of July 2023, an increase of 12.5 percent from AED 44.7 billion in July 2022.

It is noteworthy that bank investments do not include the bank’s deposit with the Central Bank in the form of certificates of deposit and cash bills.

Source: Bahrain News Agency

Categories
General

RHF set to send urgent relief aid to flood-affected Libyans

The Royal Humanitarian Foundation (RHF) is set to dispatch a relief-aid consignment to flood-hit Libyans.

The move is in line with the directives of His Majesty King Hamad bin Isa Al Khalifa to dispatch urgent humanitarian relief aid to the Libyan people to help alleviate their suffering in the aftermath of the devastating floods that swept the northeastern region in Libya, leaving many people dead, injured or missing, and causing massive damage to infrastructure and institutions.

RHF Secretary-General, Dr. Mustapha Al Sayyed, asserted that the RHF, led by His Highness Shaikh Nasser bin Hamad Al Khalifa, HM the King’s Representative for Humanitarian Work and Youth Affairs, has already contacted and coordinated with the United Nations High Commissioner for Refugees to dispatch a humanitarian aid shipment to the flood-affected Libyans as soon as possible to alleviate their suffering.

He indicated that the RHF had made all the necessary arrangements to deliver urgent humanitarian aid to the flood-hit Libyans, in cooperation with the relevant ministries and entities as soon as possible.

Al-Sayed affirmed that the RHF, led by HH Shaikh Nasser bin Hamad, would spare no effort to support those afflicted by floods and torrential rain in eastern Libya, by dispatching the urgent relief aid to reduce their suffering.

Source: Bahrain News Agency