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~~~~~~~~ [
Sep 15 ] ~~~~~~~~~
US Reports on Religious Freedom [Sep 15]
"..The annual State Department report on religious freedom said
violence in Iraq was not suffered by just Shia and Sunni Muslims, but
all religions and sects.. ..Religious freedom in Saudi Arabia was still
severely restricted, but the government had tried to foster greater
tolerance by public discussions and announcements, the report
said.." [more]
Saudi Plans to Build Aerospace Industry [Sep 15]
"A major Saudi order for British military aircraft looks set to be
confirmed during or near the time of King
Abdullah's state visit to the UK in October. Diplomats say that both
countries are committed to concluding the defence agreement which is
expected to be the most ambitious and complex yet reached by the kingdom
with the UK, or any other supplier of military equipment.. ..A unique
element in the new contract will involve at least half the aircraft
being built in the kingdom at a purpose built aerospace industrial site
that could ultimately provide employment for thousands more Saudis. The
nucleus of an aerospace industry does already exist in the
kingdom.." [more]
Samsung Engineering Eyes $1b Saudi Orders [Sep 15]
"South Korea's Samsung Engineering Co. expects more than $1 billion
in plant orders from Saudi Arabia in the last quarter of this year, a
company executive said. 'We expect to receive two separate orders valued
at more than $1 billion in Saudi Arabia in the fourth quarter to build a
petrochemical plant and a refinery,' Hong Sung-Il, head of Samsung
Engineering's investor relations team, said on Thursday. He didn't give
further details because the deals are not finalised yet.." [more]
Saudis Start Campaign to Curb Beggars [Sep 15]
"Saudi Arabia has launched a campaign to combat the lucrative
business of begging that tends to flourish during the holy month of
Ramadan, the daily Okaz reported yesterday. The newspaper said the
campaign would include targeting beggars who congregated outside
mosques, shopping centres and other public places. Statistics would be
compiled on numbers and nationalities of the beggars as well as the
tricks they used to generate pity — and avoid the unwanted attentions
of the police.. ..Begging becomes more prevalent during Ramadan and at
Eid al-Fitr, the feast that marks the end of fasting during the holy
month.." [more]
Investors to Monitor Third Quarter Results [Sep 15]
"Saudi shares were volatile last week following previous week’s
plunge of 4.54 percent, as the telecommunications sector put pressure on
the market with widespread expectations that the third mobile operator,
MTC, could stir fierce competition in the country. The Tadawul All-Share
Index (TASI) shed 0.58 percent last week.. ..The Riyadh-based Bakheet
Investment Group (BIG) said in its weekly report that Saudi stocks would
be steady in the coming days as investors monitored the third quarter
results, particularly of blue chip firms, which usually decide the
market’s direction.." [more]
~~~~~~~~ [
Sep 14 ] ~~~~~~~~~
Syria-Saudi Spat Looms Over Talks [Sep 14]
"Saudi Arabia is showing increasing signs of displeasure as
Palestinian-Israeli preparatory discussions on a US-hosted multinational
peace conference in November meander on without apparent achievements.
According to Agence France Presse (AFP) Saudi Foreign Minister Saud
Al-Faisal warned Wednesday, 'If this conference does not tackle the key
issues such as Jerusalem, the borders, the Palestinians and other issues
that were clearly stated in the Arab peace initiative, then the
conference will be pointless.' With time running out for the
establishment of a firm basis for the conference, a deepening
crisis in relations between Syria and the Saudis is throwing a pall over
the upcoming discussions and Lebanese presidential vote.." [more]
Sweden Did Not Apologize on Behalf of Paper: Envoy [Sep 14]
"Sweden yesterday denied that its ambassador to Saudi Arabia
apologized to the Organization of the Islamic Conference (OIC) for the
publication of a caricature of Prophet Muhammad (peace be upon him) in a
Swedish newspaper. According to a statement released to the media on
Wednesday by the Jeddah-based organization, it was stated that the
Swedish ambassador to Saudi Arabia, Jan Thesleff, met OIC
Secretary-General Ekmeleddin Ihsanoglu on Tuesday in Jeddah and 'offered
his deepest apologies for the controversy created by the publishing of
the hurtful depiction.' The Swedish Foreign Ministry, however,
immediately denied that the ambassador had made any apology, saying he
had only expressed regret.." [more]
Sri Lanka Minister to Leave for Saudi Arabia to Seek Pardon for the Housemaid [Sep 14]
"Minister of Foreign Employment Promotion and Welfare Keheliya
Rambukwella is to leave for Saudi Arabia soon to seek ways to obtain a
pardon for the Sri Lankan housemaid who is facing a death sentence in
the kingdom for murder charges.. ..The attempt by the Deputy Minister
Hussein Bahila who visited Saudi Arabia last month to seek pardon for
the woman failed.." [more]
Saudi Arabia's New Industrial Revolution [Sep 14]
"Saudi Arabia is experiencing an industrial renaissance that points
to huge manufacturing and engineering opportunities in all areas over
coming years. Current estimates indicate that the value of industrial
projects to be awarded in the oil and gas sector in the coming four
years is expected to reach US$53bn, the petrochemical sector US$50bn,
the electricity and energy industry around US$18bn, and the water and
the desalination sector at upwards of US$4bn.. ..On the back of this
countrywide industrial expansion, the Kingdom's Mohammad Al Mojil Group
(MMG) recently announced revenues totaling US$235.3m for the six-month
period ending June 30 2007. These mark a staggering growth rate of
206%.." [more]
Saudi King Urged to Free Jailed Reformists [Sep 14]
"Saudi activists yesterday sent a petition to King Abdullah, urging
the release of nine advocates of an Islam-based constitutional monarchy
held for more than seven months without trial. The petition, timed to
coincide with the start of the holy month of Ramadan, was endorsed by
135 reformists including 49 women.. ..The petition comes amid an
apparent crackdown on reformists in Saudi Arabia, even though the
activists seek changes in keeping with the Islamic tenets underpinning
the political system of the Gulf oil powerhouse.." [more]
New Fuels
Pose Risk to Future Oil Demand: Opec [Sep 14]
"Opec sees efforts by consumer nations to promote alternative fuels
as posing risks of a fall in world oil demand in the long term, an
official of the exporter group said yesterday. Mohamed Hamel, head of
the energy studies department at Opec’s Vienna headquarters, also said
strain on the world’s oil refineries — a factor in driving prices to
record highs above $80 a barrel — would persist for at least the next
three years. The comments on demand underscore concern at Opec, source
of more than a third of the world’s oil, about uncertainty over fuel
use in the industrialised world that may hinder investment in future
supply.." [more]
Saudi Women Marrying Foreigners on Rise [Sep 14]
"Saudi Arabia has seen many rapid changes in the past decades. One
that is becoming more obvious is that of Saudi women who are
increasingly opting to marry foreigners. Recent statistics issued by the
Interior Ministry showed that 20,000 marriages have been registered
between Saudi women and foreign men in the past five years. Saudi women
are prohibited from marrying non-Saudis, except with special permission
from higher authorities. Permission is also required before a Saudi
woman is able to marry an Arab, who is not a citizen of the Gulf
Cooperation Council.." [more]
~~~~~~~~ [
Sep 13 ] ~~~~~~~~~
Saudi Hits Back [Sep 13]
"Saudi Arabia yesterday dismissed a US claim that it was not doing
enough to fight terrorism. Such public criticism does not tally with
what US officials say in private, said Foreign Minister Prince Saud Al
Faisal.. ..He was responding to a question about remarks by the US
Treasury's top anti-terrorism official, Stuart Levey, who chided Saudi
Arabia for not prosecuting the bankrollers of terrorist groups. The
undersecretary for Terrorism and Financial Intelligence told the US
television network ABC that not a single individual identified by the US
or the UN as a terror financier had been prosecuted by Saudi
Arabia.." [more]
Five Firms Tender for $1 Billion Security Fence [Sep 13]
"Saudi Arabia has invited companies to bid for a contract to build
a security fence along its border with Iraq at cost of up to 4 billion
riyals ($1.07bn), officials at five invited companies said yesterday.
Saudi Arabia wants to build a double-lined, razor wire fence along the
900km frontier with its northern neighbour, complete with thermal
imaging and radar equipment. The companies include Saudi Arabia's
Binladin Group, along with Saudi Oger, El-Seif Engineering and
Construction, Al Khodary Sons Company and Al Arrab Contracting Company.
The companies have until October 28 to bid.." [more]
Saudi Arabia Sees Speaker's Initiative as Chance to Break Political Deadlock [Sep 13]
"Saudi Arabia said the initiative proposed by Speaker Nabih Berri
offers a chance to break the political deadlock in Lebanon and elect a
new president for the country. 'After the initiative announced by [Berri],
there is cautious optimism. There is a chance,' Saudi Foreign Minister
Prince Saud al-Faisal said in Jeddah Wednesday. Faisal said the proposal
marks a change from the opposition's previous position and this could
lead to a solution.." [more]
Saudi Airlines to Slash 50 pct of Internal Flights by End-Oct [Sep 13]
"State-owned Saudi Arabian Airlines plans to slash 50 pct of its
domestic flights by the end of October to allow two private carriers to
fly new routes, the Arab News reported today. The English-language daily
said the carrier will stop operating on 14 internal routes across the
vast oil-rich kingdom which will be made available to National Air
Services and Sama airlines. Air transport and airport services are among
the vital fields the government has opened up to the private sector as
part of an ambitious privatisation drive.." [more]
Saudi FM: Mideast Conference Pointless If it Does Not Tackle Core Issues [Sep 13]
"Saudi Arabia says it may not attend a U.S.-sponsored Mideast peace
conference later this year if it does not cover core issues of the
Israeli-Palestinian conflict. Saudi Foreign Minister Saud al-Faisal said
Wednesday in Jeddah that the conference should address the status of
Jerusalem, the borders of a Palestinian state and other issues included
in an Arab peace initiative.. ..The Saudi foreign minister says the
conference must set a timetable for implementing a peace deal to avoid
what he calls 'endless negotiations.' The Arab peace initiative, first
launched in 2002, was revived in March this year at an Arab summit in
Riyadh.." [more]
On the Freedom of the Press in Saudi Arabia [Sep 13]
"The press in Saudi Arabia is today experiencing growing freedom,
as it has freed itself to a great extent of many political and social
constraints and begun to play its role as a popular authority in
monitoring the institutions of society through sharp and bold criticism
at times. However, local newspapers have received benefits -
distinguishing them in some cases from their counterparts in other Arab
countries - that might see a reversal, due to the lack of a clear
judicial relationship between newspapers and the institutions and
individuals making up society. Thus, from time to time, the press sector
in Saudi Arabia encounters measures that harm this important political
achievement and create the impression that everything being said
about the growing freedom of expression in Saudi Arabia is unsupported
by reality.." [more]
Saudi Arabia's First Direct Mail Conference Kicks Off in Riyadh [Sep 13]
"Under the patronage of his Excellency Dr. Mohammed Benten, the
first conference in the Kingdom to focus solely on direct mail, titled
'Saudi Arabia's First Direct Mail Forum', was inaugurated. Saudi Post
(SP), Saudi Research and Marketing Group (SRMG) and Direct Marketing
Services (DMS) joined forces to organize this momentous event to
celebrate the beginning of a new and innovative industry in the Kingdom;
Direct Mail and to officially announce the close cooperation and
strategic partnership of the Saudi Post, SRMG, and DMS working towards
enhancing the Direct Mail Industry in Saudi Arabia and forming an entity
specialized in DM.." [more]
~~~~~~~~ [
Sep 12 ] ~~~~~~~~~
Saudi Arabia Wins OPEC Increase, Defying Iran, Libya [Sep 12]
"Saudi Arabia persuaded OPEC members to increase production for the
first time in a year, seeking to reduce the record price of oil, over
the objections of Iran, Qatar, Venezuela, Libya and Algeria. Saudi
Arabia, the group's biggest exporter, wanted to boost supplies after
crude gained 28 percent this year to $78 a barrel, said Iraqi Oil
Minister Hussain al-Shahristani. The 500,000 barrel- a-day increase will
be on top of actual production, according to Kuwait's acting oil
minister, Mohammed Abdullah al-Aleem.. ..As recently as last week, most
ministers from the 12-member Organization of Petroleum Exporting
Countries said there would be no change to quotas during meetings in
Vienna that concluded yesterday. Supplies were sufficient to meet
demand, the OPEC officials said.." [more]
Saudis to Open Embassy in Iraq [Sep 12]
" Saudi Arabia's foreign minister said Wednesday that the kingdom
soon will open an embassy in Baghdad for the first time since Saddam
Hussein's 1990 Iraqi invasion of Kuwait, a step the U.S. has pressed the
Saudis to take. The announcement by Prince Saud al-Faisal came after a
Riyadh delegation returned from Iraq, where al-Faisal said it had
investigated the possibility of the embassy's opening. 'After we
received the delegation's report, it is expected that an embassy will
open soon,' al-Faisal told reporters in the Red Sea port city of Jiddah.."
[more]
Gulf Union Shares Soar on Debut [Sep 12]
"Gulf Union Cooperative Insurance Company began the Saudi stock
market trading with 662.50 percent jump in its share prices yesterday.
Gulf Union became the 14th company to be traded in the insurance sector
that has seen debuts of various companies in the last few months. Shares
of other insurance companies also soared on the first day of trading.
The SR10 share of Gulf Union opened at SR109.75 and fell to SR70 during
the trading before closing at SR76.25 yesterday.." [more]
Saudi Arabia Thrash Ghana [Sep 12]
"African Cup of Nations hosts Ghana are thrashed 5-0 by Saudia
Arabi in an international friendly in Riyadh on Tuesday. The hosts
opened the scoring as early the fifth minute through Yasser Al Qahtani,
who also scored six minutes after half-time.. ..The games are part of
Ghana's preparation for the Nations Cup finals that they are hosting in
January.." [more]
Saudi Lawsuit Against International Tobacco Companies Postponed [Sep 12]
" Saudi court has postponed the hearing of the first lawsuit by
Saudi health authorities against two international tobacco companies
until October 31, a spokesman for Ministry of Health said in a statement
on Wednesday. Representatives of the companies - the names of which have
not been disclosed - were not present during the hearing held Tuesday at
the Riyadh Higher Court, Khalid bin Mohammed Morghalani said. The Saudi
Ministry of Health is seeking 10 billion Saudi riyals (2.7 billion
dollars) in compensation to be used for the treatment of smoke-related
illnesses as well as another 500 million riyals to be paid
annually.." [more]
~~~~~~~~ [
Sep 11 ] ~~~~~~~~~
Sharif May
Find Second Saudi Stint Tough [Sep 11]
"Former Pakistan Prime Minister Nawaz Sharif received a
"cold" reception from the Saudi government when he reached
Jeddah and has apparently been barred from taking part in any political
activity for the remaining period of his exile. Sharif, who was deported
yesterday within hours of landing here after a seven-year exile, was
received at a terminal meant for Saudi royals but was not taken to the
Saroor Palace, where he and his 20 family members had stayed for six
years since 2000 under a "deal" with President Pervez
Musharraf.." [more]
APDM Slams
Deportation [Sep 11]
"Admitting their failure to mobilise the people and prevent the
deportation of former prime minister Nawaz Sharif to Saudi Arabia,
leaders of the All Parties Democratic Movement (APDM) on Monday
announced that they would launch a countrywide movement to get rid of
the military dictatorship and restore genuine democracy in the country.
The said at a press conference that after the Supreme Court’s Aug 23
verdict allowing unhindered return of the Sharif brothers to the country
and Gen Musharraf’s assurance that the ruling would be honoured, no
opposition leader could even think of the action taken by the
authorities to deport the PML-N chief to Saudi Arabia.." [more]
Saudi King Receives Message From Ahmadinejad [Sep 11]
"Saudi King Abdullah met Monday visiting Iranian intelligence
minister Gholamhossein Mohseni-Ejeie, who handed him a message from
President Mahmoud Ahmadinejad, the official SPA news agency reported. It
did not reveal the content of the message, but said the meeting in the
Red Sea city of Jeddah was attended by Saudi intelligence chief Prince
Miqren Bin Abdel Aziz. Iran's official IRNA news agency said Sunday that
Tehran has urged Saudi Arabia to crack down on religious extremism,
following reports of anti-Shiite sermons by Saudi Sunni
preachers.." [more]
League of Demanders of Women's Right in Saudi Arabia [Sep 11]
"..On September 4, 2007, the liberal Arab website Aafaq published a
statement from the newly established League of Demanders of Women's
Right to Drive Cars in Saudi Arabia, asking women to sign a message
demanding that women be given the right to drive. The league plans to
deliver the message to King 'Abdallah on Saudi Arabia's national
holiday, September 23. Among the founders of the League are women's
rights activist Wajeha Al-Huwaidar, and Fawzia Al-Uyyouni, the wife of
imprisoned reformist 'Ali Al-Domaini.. ..'We Would Like to Remind
Everyone That Rights Are Not Given or Earned - They Are
Taken'.." [more]
Cabinet Approves Housing Authority [Sep 11]
"The Council of Ministers yesterday approved the formation of a
general authority for housing. The authority will devise the Kingdom’s
future housing strategy and carry out low-cost housing projects for the
poor.. ..Speaking about the housing authority, Culture and Information
Minister Iyad Madani said it would take up matters related to housing
strategy from the Ministry of Economy and Planning.. ..'In order to
achieve its objectives, the authority will prepare a comprehensive
housing strategy for the Kingdom. It will also propose new rules and
regulations and identify those who deserve charitable and low-cost
housing units,'.." [more]
Riyadh University Taps Nobel Talent [Sep 11]
"Eleven Nobel Prize laureates including scientists and economists
have agreed to offer their services to King Saud University (KSU) in
Riyadh under a program aimed at strengthening Saudi Arabia’s position
in the fast developing science and technology sector.. ..In a two-page
advertisement published in local Arabic newspapers, KSU said its Nobel
Laureates Program was aimed at promoting science and technology,
boosting research and development, spreading a culture of science and
inventions in society and transforming the Kingdom into a
knowledge-based economy.." [more]
Saudi Stocks Recover Slightly [Sep 11]
"The Saudi stock market recovered slightly yesterday after falling
48.47 points on Sunday. The Tadawul All-Share Index (TASI) closed at
7,966.15 points, up 37.52 points.. ..The stock market turnover was
SR8.75 billion yesterday as compared to SR7.83 billion on Sunday.. ..The
stocks with the biggest market capitalization in the index closed on a
mixed note. SABIC’s shares moved by 0.6 percent, while Al-Rajhi Bank’s
shares fell by 1.2 percent, which dampened the general index movement
due to Al-Rajhi Bank’s high market capitalization in the index.."
[more]
~~~~~~~~ [
Sep 10 ] ~~~~~~~~~
Sharif Forced
Back Into Saudi Exile [Sep 10]
"Former Pakistan prime minister Nawaz Sharif has been sent back to
exile in Saudi Arabia only hours after returning to his homeland. A
Pakistan International Airlines plane carrying Mr Sharif left Islamabad
airport only hours after he was detained in the confines of the VIP
terminal.. ..Once in Pakistan, the authorities presented Mr Sharif with
a charge sheet accusing him of corruption and money laundering before
forcibly taking him away to a waiting aircraft. Mr Sharif had returned
to Paksitan after seven years in exile to challenge President Pervez
Musharraf.." [more]
OPEC Meeting Speculation Grows Saudis May Push for Output Hike [Sep 10]
"Speculation is growing ahead of tomorrow's OPEC output meeting in
Vienna that Saudi Arabia, the cartel's biggest member, might break ranks
and push for a small output hike. Although the Saudis have remained
silent ahead of the meeting, with Oil Minister Ali al Naimi declining to
comment to the press earlier this morning, pressure is mounting on the
cartel to do something about near record high prices. This pressure has
made market participants less certain about the outcome of tomorrow's
meeting, even though all OPEC members except the Saudis have reiterated
in recent days there is no need for more OPEC oil at present.." [more]
Abbas Meets
With King Tomorrow [Sep 10]
"Palestinian President Mahmoud Abbas will arrive here tomorrow and
tell Custodian of the Two Holy Mosques King Abdullah that he still backs
the Saudi-sponsored power sharing deal with Hamas provided its cedes
control of Gaza, the Palestinian ambassador in Riyadh said yesterday.
Abbas will tell the king that the 'Makkah Accord, which he personally
sponsored is still a valid way out of the tense situation in the
Palestinian territories, on condition that the situation in Gaza returns
to what it was” before Hamas seized power in mid-June'.." [more]
Syrian Foreign Minister to Visit Saudi After Spat [Sep 10]
"Syrian Foreign Minister Walid al-Moualem will visit Saudi Arabia
on Tuesday, weeks after a diplomatic spat that saw the kingdom accuse
Damascus of fomenting instability in the region. In unusually scathing
comments last month, Saudi Arabia, which has been trying to bolster its
role as a regional power broker, rejected as "lies and
fallacies" high-level Syrian accusations that its role in the
Middle East was waning.. ..Moualem was expected to meet Saudi King
Abdullah on Tuesday, Saudi sources said. A Lebanese political source
close to Damascus said the visit was part of efforts to ease
tensions.." [more]
Saudi Insurance Sector Worst Hit as TASI Declines [Sep 10]
"The Saudi stock market suffered 48.47 points fall yesterday after
rebounding 123.44 points on Saturday. The Tadawul All-Share Index (TASI)
closed yesterday at 7,928.63 points. The stocks in the banking,
agriculture and insurance sectors were worst hit. Shares of seven banks
fell.. ..In the insurance sector all shares were in the red.." [more]
Olympic Saudi Arabia Arrives in Hanoi [Sep 10]
"Twenty players of Olympic Saudi Arabia arrived at Hanoi-based Noi
Bai International Airport at 4am this morning, September 10, to prepare
for the third qualifier match of the2008 Beijing Olympics. The team will
have a practice at My Dinh Stadium in Hanoi this afternoon. Having just
one point, Olympic Saudi Arabia is determined to win this match against
Vietnam on September 12.." [more]
Saudi’s
Crude Production Increase Plans On Track [Sep 10]
"Saudi Arabia is on schedule with plans to boost its crude oil
production capacity to 12.5mn bpd by 2009, despite rising industry
costs, a top official at state oil company Saudi Aramco said on
Saturday. Higher labour and raw materials prices have however hit two
planned joint-venture refineries, which will now cost more than original
estimates of $6bn.. ..Saudi Arabia, the world’s top oil exporter, has
fast-tracked oilfield expansion plans to raise output capacity and
maintain spare capacity of at least 1.5mn bpd to meet growing world
demand or cover unexpected shortfalls in supply.." [more]
Shoura
Committee to Probe Price Rise [Sep 10]
"The Shoura Council, Saudi Arabia’s 150-member appointed
consultative body, announced yesterday that it had established a special
committee to study price increases in the Kingdom. The announcement was
made a day after SAMA Gov. Hamad Al-Sayyari said that inflation in Saudi
Arabia was expected to rise to 4 percent this year.. ..Shoura President
Sheikh Saleh Bin-Humeid emphasized 'the need for all efforts to be
expedited' to tackle the price increases which have become a burden on
citizens and residents alike in the Kingdom over the past year.." [more]
It Is Right Time for Saudi Arabia to Go for Exchange Traded Funds [Sep 10]
"Saudi Arabia is an attractive investment proposition and it is
apparent that the country does not get allocations in international
portfolios due to foreign ownership restrictions. The decision of the
Council of Ministers on Aug. 27 authorizing the Capital Market Authority
(CMA) to remove restrictions on investors from the five other GCC
countries is another step in the right direction toward liberalizing and
opening up of the Kingdom’s capital market.. ..An ETF is an index fund
listed and traded on an exchange like a stock. It enables investors to
gain broad exposure to an entire stock market.." [more]
~~~~~~~~ [
Sep 9 ] ~~~~~~~~~
Inside the U.S.-Saudi Relationship [Sep 9]
"..The U.S. relationship with Saudi Arabia has improved in many
ways during the past three years, and not just on the security front. It
is a significant but not well-known success story in the Middle East,
even given the differences we have with that nation from time to time.
How and why did improvement happen in, of all places, Saudi Arabia? Let
me suggest three reasons: The relationship remains a strategic one that
is growing in importance rather than diminishing.." [more]
Saudi Arabia
Offers to Keep Sharif Brothers in Jeddah Again [Sep 9]
"As former Premier Nawaz Sharif is set to return here tomorrow
along with his brother, Saudi Arabia has offered to keep them in exile
again, leaving the option of deporting them back to Jeddah, where they
spent six years before shifting to London, with the Pakistan government.
Saudi Prince and intelligence chief Muqrin bin Abdul Aziz, who along
with Saad Hariri, son of ex-Lebanese Prime Minister Rafiq Hariri, met
President Pervez Musharraf yesterday to discuss the Sharif brothers'
plans to return home, said later that Riyadh was ready to host them
again.." [more]
Abbas and
Saudi King to Discuss Hamas Crisis [Sep 9]
"Palestinian president Mahmud Abbas will visit Saudi Arabia on
Tuesday and tell King Abdullah that he still backs a Saudi-sponsored
power-sharing deal with Hamas provided it cedes control of the Gaza
Strip, the Palestinian ambassador in Riyadh said on Sunday. Abbas will
tell the monarch that 'the Mecca agreement which he personally sponsored
is still a valid way out of the tense situation in the Palestinian
territories, on condition that the situation in Gaza returns to what it
was' before Hamas seized power in mid-June, Jamal al-Shobaki told AFP.
Shobaki made his remarks after the official SPA news agency announced
that Abbas would hold talks with Abdullah in the Red Sea city of Jeddah
on Tuesday.." [more]
OPEC Ministers to Meet to Assess Tense Oil Market [Sep 9]
"OPEC ministers began arriving in the Austrian capital on Sunday
ahead of a meeting at the oil cartel's headquarters, with the 12-member
club under pressure to raise output. Analysts, previously convinced the
group would make no change to its output level, are now split over
whether the crude exporters will concede that increased production is
needed to dampen prices. The Washington-based oil consultancy PFC
Energy, citing oil ministry sources, said that Saudi Arabia, the most
influential OPEC member, was now in favour of an output hike at
Tuesday's meeting.. ..Saudi Arabian Oil Minister Ali al-Nuaimi is in
Vienna, but has so far declined to speak to reporters.." [more]
Saudi Intellectuals Move to Confront Smear Campaign [Sep 9]
"Seventy-three researchers from the Arab world, the United States,
Europe, Russia and Japan are working to publish books under a
Saudi-financed international project aimed at removing misconceptions
about Islam and the Kingdom. 'The project will be launched shortly with
the publication of eight books,' said Mohammed ibn Saud Al-Bishr, head
of the scientific team for the project. He said the project was
initiated by a group of Saudi intellectuals to confront smear campaigns
against Islam and Saudi Arabia.. ..The issue of Women in Saudi Arabia
needed special focus as the Western media gave a wrong impression about
status of women in the Kingdom. Some have gone to the extent of saying
that Islam is an obstacle for the progress of women in the Islamic world
in general and Saudi Arabia in particular.." [more]
Camel Deaths Spark Anger in Saudi Arabia [Sep 9]
"Camel breeders in Saudi Arabia are blaming the government for
"toxic fodder" that killed thousands of camels over the past
month.. ..Many owners said the deaths have been caused by the bran fed
to the animals instead of the more expensive barley, the daily Al Hayat
reported. However, the agriculture ministry blamed 'the wrong methods of
stocking bran.' Agriculture Minister Fahd bin Abdul Rahman Balghnaim
told Al Watan that preliminary results showed the bran was contaminated
by poisonous fungi.." [more]
Saudi Shares End Higher on Buying Interest in Heavyweights [Sep 9]
"Shares in Saudi Arabia, the largest Gulf market, ended up 1.6% at
7977.1 yesterday, led by value-buying in heavyweights after the
benchmark index fell in the previous two sessions. Saudi is the worst
performing regional market this year, but the Tadawul All Share Index
has risen about 15% since early July, outpacing all other Gulf markets
during this period.. ..Saudi Telecom Co (STC) gained 1.1% to 67.75
riyals. STC said late last week that it is not looking at any “foreign
acquisitions” right now, and will not buy any new firms outside Saudi
Arabia in 2007.." [more]
MWL Chief
Wants Swedish Cartoonist Punished [Sep 9]
"The Makkah-based Muslim World League (MWL) yesterday urged Swedish
authorities to punish the Nerikes Allehanda newspaper and its cartoonist
for publishing a blasphemous cartoon depicting Prophet Muhammad (peace
be upon him) in a negative way.. ..The row in Sweden echoes the one that
began in Denmark in September 2005 when one of the country’s top
newspapers, Jyllands-Posten, printed 12 cartoons depicting Prophet
Muhammad (peace be upon him). These drawings sparked violent protests
across the Muslim world, culminating with the burning of the Danish
Embassy in Damascus and its consulate in Beirut in February 2006.."
[more]
83,000
Children Beg in Kingdom – Study [Sep 9]
"There are more than 83,000 children beggars in Saudi Arabia
according to a study conducted by a professor in the Mohammed Bin Saud
University in Riyadh. Some 68 percent of this number comprise non-Saudis
between six and eight years old. Most came into the Kingdom for camel
racing and have stayed to survive initially by selling goods like tissue
and bubble gum near traffic lights, before graduating into beggary.
Illiteracy - a perpetrating factor for poverty - among them is high. In
Jeddah, 96% of the children beggars are Saudis of which 55.6 percent are
girls who mostly have illiterate mothers. Only nine percent of the girl
beggars attended primary school.." [more]
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