Saudi plans to overcome challenges welcomed

Updated 10 January 2016
0

Saudi plans to overcome challenges welcomed

RIYADH: The Kingdom’s domestic and foreign policies outlined this week to meet economic and political challenges were welcomed by a broad spectrum of citizens, expatriates and experts on Friday.

The priorities of the government were unveiled by Deputy Crown Prince Mohammed bin Salman, second deputy premier and defense minister, in a wide-ranging interview published by The Economist magazine on Thursday.
Saudi Arabia’s plans for its economy amid dropping oil prices and tackling conflicts in the Middle East, including its gains to restore the legitimate government in Yemen, made headlines in the Kingdom and abroad, including on social networking sites.
The deputy crown prince had ruled out a war with Iran because it would be “catastrophic”; spelled out plans to diversify state income with various measures including the possibility of certain taxes and making Saudi Aramco public and launching job creation initiatives for citizens.
Mosad Al-Zayani, a Dubai-based Saudi journalist, said the Kingdom’s approach to Iran showed it was committed to stability in the region. He welcomed the economic initiatives outlined, including the move to shun dependence on oil revenues and the proposed Aramco privatization.

Mohsin Sheikh Al-Hassan, an author and public relations expert, praised the government for not wanting a war with Iran, but said Tehran must be “taught a lesson” for its destabilizing tactics with a boycott of its products.
He said the Kingdom’s exports stood at SR400 million to Tehran, whereas its imports amounted to SR685 million. “This has to be stopped because we can import these Iranian goods from other friendly countries,” he said.
Zakir Aazmi, an Indian expatriate and author, praised the deputy crown prince for dealing with every important policy area of the government, which he said reflects his “dynamic, visionary and energetic leadership.”
Naif Al-Rashid said the deputy crown prince had outlined initiatives that would ensure the country can effectively face up to political, social and economic challenges. “It is good that Aramco, linchpin of the oil market, goes public,” he said.
Seyed Hamid Moulana, a senior business executive, said it was clear that the government had an answer to all obstacles, including Iran’s “unnecessary” attempts to create tension in the region, and the fall in oil prices. He said he was “overwhelmed” by the analysis provided by the deputy crown prince.
In the interview, which was also translated into Arabic, the deputy crown prince had, in his capacity as head of the newly formed Council of Economic and Development Affairs, said the country was not facing an economic crisis.


Houthis targetted civilian facility in Najran with an explosives-laden drone, says Arab Coalition

Updated 21 May 2019
0

Houthis targetted civilian facility in Najran with an explosives-laden drone, says Arab Coalition

  • Houthis also fired two ballistic missiles toward the holy city of Makkah and Jeddah on Monday

RIYADH: Houthi militants had tried to hit a civilian facility in Saudi Arabia's southern border province of Najran with a drone carrying explosives, the Arab Coalition supporting Yemen's legitimate government said on Tuesday.
In a statement carried by the Saudi Press Agency (SPA), Colonel Turki Al-Maliki, the spokesman of the Saudi-led military coalition said the target was a vital facility.
"The Houthi-backed terrorist militia of Iran continues to carry out acts of terrorism that pose a real threat to regional and international security by targeting civilian objects and civilian facilities, as well as civilian citizens and residents of all nationalities," Al-Maliki said.

The statement did not mention casualties and gave no further details.

Earlier on Monday, Al-Maliki said Houthis fired two ballistic missiles toward the holy city of Makkah and Jeddah but both were shot down by Saudi air defense forces.

The Iran-backed Houthis have fired dozens of missiles at targets in Saudi Arabia, including the capital Riyadh, since the Arab Coalition intervened in 2015 to restore the government of President Abed Rabbo Mansour Hadi, which was ousted in a Houthi coup.