Users complain of ATM malfunctions

Updated 23 September 2013
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Users complain of ATM malfunctions

Saudis and expats have complained of technical malfunctions in ATM machines, which authorities say have occurred as a result of high withdrawal rates during the four-day weekend.
Talaat Hafiz, secretary-general of the Media and Banking Awareness Committee for Saudi Banks, said that banks have established operation rooms to monitor ATMs.
“There are action teams that monitor and conduct inspection of machines,” he said.
There are more than 12,700 ATM machines across the Kingdom and 17 million ATM cards were issued to clients of Saudi banks at the end of the second quarter of 2013.
Cash withdrawals from SPAN (ATMs) and banks were estimated at SR625 billion in 2012.
Local banks have injected large sums of cash into ATM machines to meet the holiday demand.
Only 3 percent of defects, however, were reportedly due to lack of cash in the machines.
The main reason for high cash withdrawal rates, according to officials of the Saudi Payments Network (SPAN), is the increasing prices of commodities and an overall increase in salaries in both private and public sectors.
More than SR32 billion were withdrawn during the month of Ramadan from ATMs linked with SPAN. This represents an increase of more than 8.9 percent compared to the previous Ramadan.
“Sales outlets recorded a growth of SR20 billion, an increase of more than 23 percent against last Ramadan,” Talaat Hafez added.
“ATM malfunctions are limited in comparison with the volume of transaction for these machines throughout the Kingdom,” he said.


GCC, global parliamentary groups warn Iran of consequences

GCC Secretary-General Abdullateef Al-Zayani
Updated 28 May 2018
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GCC, global parliamentary groups warn Iran of consequences

  • Maintaining security and stability in the region is the first priority of the Gulf states
  • Iran is in non-compliance with paragraph 14 of UNSC resolution 2216, as a UN panel has already identified missile remnants

RIYADH: A number of parliamentarians from different countries including the Gulf Cooperation Council (GCC) have warned Iran of grave consequences if it continues to indulge in proxy wars with neighboring Arab countries that threaten the peace and stability in the Middle East.

In statements issued on the 37th anniversary of the GCC’s establishment, parliamentarian criticized Iranian role in the Yemen conflict and Tehran’s continued support to the Houthi militias that have so far fired more than 100 ballistic missiles on Saudi Arabia.
“Maintaining security and stability in the region is the first priority of the Gulf states,” said GCC Secretary-General Abdullateef Al-Zayani.
Al-Zayani appreciated “the pivotal role of the Saudi leadership in backing the GCC General Secretariat to achieve the collective goals and implement the resolutions of the Supreme Council.”
He called on Iran “to refrain from meddling in the affairs of Arab nations, and stop supplying arms and ammunition to its Houthi militants to save Yemen from the world’s worst humanitarian crisis.”
The “All Party Parliamentary Group (APPG) on Yemen” in the British Parliament last Wednesday released its annual report on the situation in the war-stricken country, warning, for the first time, of “Iran’s hand in the civil war and its attempt to project power on the Arabian peninsula.”
The APPG observed that “cooperation with non-state actors is an integral part of Iran’s foreign policy through which it seeks to consolidate power across the region.” As examples of this strategy, the group named Iran’s support for the Lebanon-based terrorist organization Hezbollah, as well as Iranian militias in Syria and Iraq.
It further noted that “Iran’s stance against the war must be judged in the context of its desire to undermine the Western and Saudi influence in Yemen.”
The British group has warned that Tehran’s arming of the Houthi rebels has led to a “major escalation” in the conflict.
Commenting on these reports, Mohammed Al-Khunaizi, a Saudi Shoura Council member, said that “Iran has had complicity in most of the regional conflicts, and the involvement of Tehran has been hampering all efforts to restore peace and security in the Middle East.”
He said: “Iran is in non-compliance with paragraph 14 of UNSC resolution 2216, as a UN panel has already identified missile remnants, related military equipment that are of Iranian origin and were/are being used in Yemen.”
“The growing involvement of Iran in the affairs of the Arab nations has led many of its Arab neighbors to distance itself from Tehran,” said Dr. Ibrahim Al-Qayid, the founding member of the National Society of Human Rights (NSHR).
In fact, the Arab League has recently supported Morocco’s decision to sever ties with Iran over its support for the Polisario Front, he said.