Col. Turki Al-Malki named spokesman for coalition forces in Yemen

Col. Turki bin Saleh Al-Maliki. (SPA)
Updated 07 October 2017
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Col. Turki Al-Malki named spokesman for coalition forces in Yemen

JEDDAH: Coalition forces in Yemen on Thursday announced the appointment of Col. Turki bin Saleh Al-Malki as their new spokesperson, replacing Maj. Gen. Ahmad Al-Assiri.
The coalition leadership said it will continue to transparently and openly communicate about its military campaign to support the legitimate government of Yemen.
Al-Malki will hold regular press conferences, and will be available to all local, regional and international media.
He was born in Taif in 1974, and received his bachelor’s degree in air sciences from King Faisal Air Academy with distinction in 1997. He earned a master’s degree in military studies in 2015.
Al-Malki undertook his studies in aviation at the American Naval Air Station in Pensacola, Florida, where he completed training in T-34, T-39 and T-2 aircraft.
He graduated in 2000 and worked at King Abdul Aziz Air Base on F-15S aircraft in Dhahran, and at King Khalid Air Base in Khamis Mushait.
Al-Malki then worked in the planning and operations unit at air force command.
During his military service he undertook numerous courses, including in F-15S aircraft, electronic warfare, airspace management and operations, defense operations, prevention against weapons of mass destruction, international humanitarian law and armed conflicts.


Saudi Arabia pledges $3bn to Pakistan, defers oil payments

Updated 24 October 2018
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Saudi Arabia pledges $3bn to Pakistan, defers oil payments

  • It was agreed Saudi Arabia will place a deposit of $3 billion for a period of one year as balance of payment support: statement
  • Pakistan is seeking foreign aid to help plug a massive budgetary gap which the Pakistan prime minister has blamed on the mismanagement of the previous administration

RIYADH: Saudi Arabia has pledged $3 billion in support to Pakistan and allowed for deferred oil payments to help stave off a budget crisis.

The deal came as Pakistani Prime Minister Imran Khan attended the opening of the Future Investment Initiative (FII) in Riyadh on Tuesday.

Earlier Khan met with King Salman and Crown Prince Mohammed bin Salman to discuss bilateral issues. It was his second visit to the Kingdom in just over a month.

“It was agreed Saudi Arabia will place a deposit of $3 billion for a period of one year as balance of payment support,” Pakistan’s Foreign Ministry said in a statement.

“It was also agreed that a one-year deferred payment facility for import of oil, up to $3 billion, will be provided by Saudi Arabia. This arrangement will be in place for three years, which will be reviewed thereafter.”

During his address to the gathering of global business executives, Khan also confirmed that Pakistan was in talks with the International Monetary Fund (IMF) for a new bailout.

Pakistan is seeking foreign aid to help plug a massive budgetary gap which the Pakistan prime minister has blamed on the mismanagement of the previous administration. During his election campaign, the former cricketer vowed to create 10 million jobs and establish an “Islamic welfare state.”

After a consultative visit last month, the IMF had warned that Pakistan needed to quickly secure “significant external financing” to avert a crisis. 

Saudi Arabia and Pakistan have also discussed potential investment in mineral resources in Balochistan, the largest of Pakistan’s four provinces which borders Iran and Afghanistan.

Further discussions were held about a refinery project in Pakistan, the Finance Ministry said in the statement.

Pakistan’s external balance of payments represents one of the biggest challenges facing Khan.

The country’s current account deficit has ballooned as its central bank’s foreign reserves dropped to about $8.1 billion in October.

That was barely enough to meet the country’s sovereign borrowings between now and the end of the year.

The IMF expects Pakistan’s economic growth to slow to about 4 percent in 2019.

Pakistan is seeking to attract increased inward investment to help shore up its finances and Khan used the event as platform to talk about opportunities in sectors such as tourism, minerals, coal and gas exploration.

He also highlighted what he said were the successes of Pakistan in the fight against terrorism, which has brought peace and stability to the country, and pointed to the significance of the China-Pakistan Economic Corridor (CPEC).

China has become an increasingly high-profile investor in Pakistan as Beijing pushes ahead with major projects such as the CPEC.