British PM hails Dar Al-Hekma role in women’s empowerment

Updated 08 November 2012
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British PM hails Dar Al-Hekma role in women’s empowerment

JEDDAH: British Prime Minister David Cameron has expressed his admiration for Dar Al-Hekma College's achievements and accomplishments, and its role in educating and empowering women in Saudi Arabia and the region.
He made the remarks during a visit to the college.
One of the highlights of Cameron’s visit to the college was the round table conference with selected students from the law program, and a few alumnae members.
"It was an inspirational session with a fascinating group of ladies, who will clearly do amazing things for the Kingdom and our world,” he said at the end of the conference.
The prime minister was welcomed at the college by the Dean, Dr. Suhair Hassan Al-Qurashi, members of the Board of Trustees, senior management, students and the faculty. “It brings us great pleasure and pride to host British Prime Minister David Cameron at our campus,” said Al-Qurashi.
Al-Qurashi said that among DAH’s various academic programs, it had the distinction of offering one of the best legal programs for women in the Kingdom.


Oil prices edge up as OPEC says its crude output fell sharply in December

Updated 18 January 2019
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Oil prices edge up as OPEC says its crude output fell sharply in December

  • OPEC cut oil output sharply in December before a new accord to limit supply took effect on Jan. 1

SYDNEY, Australia: US oil prices inched higher on Friday after a report from the Organization of the Petroleum Exporting Countries showed its production fell sharply last month, easing fears about prolonged oversupply.
US West Texas Intermediate (WTI) crude futures were at $52.40 per barrel at 0026 GMT, up 32 cents, or 0.6 percent, from their last settlement. WTI futures closed down 0.4 percent on Thursday.
International Brent crude oil futures had yet to trade, after closing up 1.1 percent in the previous session.
OPEC cut oil output sharply in December before a new accord to limit supply took effect on Jan. 1, it said on Thursday, suggesting that producers have made a strong start to averting a glut in 2019 as a slowing economy curbs demand.
“The OPEC+ production cuts (that stared this month) will be paramount to keeping the market tight and supporting prices,” ANZ said in a research note. The body is making cuts along with other major producers such as Russia.
OPEC said in its monthly report that its oil output fell by 751,000 barrels per day (bpd) in December to 31.58 million bpd, the biggest month-on-month drop in almost two years.
But tempering that support for prices, OPEC also cut its forecast for average daily demand for its crude in 2019 to 30.83 million barrels, down 910,000 bpd from the 2018 average.