3 wanted terrorists killed in Qatif shootout; remaining fugitives told to surrender

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The bodies of the terrorists are strewn all over the ground after a shootout with Saudi security forces in Qatif on July 15. (Supplied photo)
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The vehicle used by terrorists in Sihat district in Qatif. (SPA)
Updated 26 July 2017

3 wanted terrorists killed in Qatif shootout; remaining fugitives told to surrender

JEDDAH: The Interior Ministry announced the killing of three terrorists last Friday night after a shootout with security men in Saihat district in Qatif governorate.
The ministry said the three terrorists were involved in a number of crimes against citizens and security personnel, as well as private and public property.
The terrorists started shooting after being cornered by security personnel. Security spokesman at the Interior Ministry, Maj. Gen. Mansour Al-Turki, said on July 15, security personnel monitored three of the wanted terrorists in Al-Zhoor neighborhood in Saihat. They were driving a stolen Toyota Corolla with non-matching number plates.
Security personnel surrounded them and told them to surrender. But the terrorists started shooting and security personnel were forced to neutralize the danger to maintain the safety of pedestrians and themselves.

The operation resulted in the confiscation of more than 10 kg of ammunition, some thermal and other explosives, three machine guns and a pistol.
Al-Turki said the dead terrorists were identified as Jaffar bin Hassan Makki Al-Mberik, a Saudi who was placed on the wanted list on Oct. 31, 2016; Hassan bin Mahmoud Ali Abu Abdullah, a Bahraini who was also placed on the wanted list on Oct. 31, 2016; and Sadeq Abdullah Mahdi Al-Darweesh, a Saudi. 
All three were wanted by security authorities for their involvement in a number of criminal and terrorist activities, including shooting at security men, vehicles and security headquarters, which led to the killing of 10 security personnel over two and a half years.
They also participated in the armed robbery of a vehicle transferring money in Qatif; shot at, kidnapped and assaulted a number of citizens; and traded arms.
The ministry renewed its call for the remaining wanted terrorists to surrender.test

UAE lauds Saudi counterterrorism efforts
The UAE lauded Saudi counterterrorism efforts, referring to the killing of three wanted suspects involved in terrorist operations in Qatif.
The UAE Ministry of Foreign Affairs and International Cooperation condemned the targeting by terrorist groups of the security and stability of the Kingdom.
The ministry reiterated the UAE’s firm rejection of all forms of terrorism and violence against the security of states and communities, regardless of the motives or perpetrators.
It also expressed the UAE’s support of, and solidarity with, Saudi Arabia in fighting violence and terrorism, and urged the international community to stand together against this threat to the security and stability of all nations.

Fraud alert over cryptocurrency falsely linked to Saudi Arabia

Updated 21 August 2019

Fraud alert over cryptocurrency falsely linked to Saudi Arabia

  • The website of a cryptocurrency company is promoting what it calls the CryptoRiyal and SmartRiyal
  • The Singapore-based company uses the Saudi emblem of two crossed swords and a palm tree

JEDDAH: Fraudsters are trying to lure victims into investing in a “virtual currency” with false claims that it is linked to the Saudi riyal and will be used to finance key projects, the Saudi Ministry of Finance warned on Tuesday.

The website of a cryptocurrency company in Singapore is promoting what it calls the CryptoRiyal and SmartRiyal, using the Saudi emblem of two crossed swords and a palm tree. Its “ultimate goal” is to finance NEOM, the smart city and tourist destination being built in the north of the Kingdom, the company claims.

“Any use of the KSA name, national currency or national emblem by any entity for virtual or digital currencies marketing will be subject to legal action by the competent authorities in the Kingdom,” the ministry said on Tuesday.

The fraudsters were exploiting ignorance of how virtual currencies work, cryptocurrency expert Dr. Assad Rizq told Arab News.

“A lot of tricks can be played,” he said. “Some of these companies are not regulated, they have no assets, and even their prospectus is sometimes copied from other projects.

“They hype and pump their project so the price goes up. Inexpert investors, afraid of missing out, jump in, which spikes the price even higher. Then the owners sell up and make tons of money.

“Cryptocurrencies are a risky investment for two reasons. First, the sector is not yet fully regulated and a lot of projects use fake names and identities, such as countries’ names or flags, to manipulate investors.

“Second, you have to do your homework, learn about the technology. And if you still want to invest, consider your country’s rules and regulations.”