Shoura urges reduction in petroleum consumption

Updated 13 November 2012
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Shoura urges reduction in petroleum consumption

JEDDAH: The Shoura Council yesterday stressed the need to cut down on local consumption of petroleum, which has reached more than two million barrels per day, in order to preserve the strategic mineral.
“The focus should be on utilizing raw minerals available in the Kingdom for industrialization purpose rather than exporting them,” the Shoura said while discussing the Petroleum and Mineral Resources Ministry’s annual report.
“It will add value to such exports and help the Kingdom gain greater expertise in mineral industries,” the Shoura said. The body urged the government to allocate more funds to carry out the ministry’s projects to strengthen the economy.


Ride-sharing app Careem says it was hacked

Updated 23 min 10 sec ago
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Ride-sharing app Careem says it was hacked

  • The Dubai-based competitor to Uber said in a blog post on Monday that it became aware of the hack on Jan. 14
  • While credit card information remains safe, Careem says that the hackers got access to customers' name, email addresses, phone numbers and trip data

DUBAI: The Mideast ride-sharing app Careem says it has been hacked.
The Dubai-based competitor to Uber said in a blog post on Monday that it became aware of the hack on Jan. 14 and that it affected "computer systems which hold customer and captain account data." Careem refers to its drivers as captains.
While credit card information remains safe, Careem says that the hackers got access to customers' name, email addresses, phone numbers and trip data.
Careem is one of just a few Gulf startups to be valued at $1 billion. The six-year-old company localized the idea of Uber by also allowing customers to pay by cash.
Among its biggest investors is an investment firm chaired by billionaire Saudi Prince Alwaleed bin Talal and the largely state-owned Saudi Telecom Co.