Pak submarine joins naval drills in Jubail

Updated 13 May 2014

Pak submarine joins naval drills in Jubail

The Pakistani Navy submarine Hamza docked at the Royal Saudi Naval Forces Base in Jubail where both navies conducted joint exercises on May 6 and May 11. Following its arrival, several meetings were held on a number of professional matters including the combat capabilities of the two navies.
Commander of the Eastern Fleet of the Saudi Royal Navy Rear Admiral Ibrahim Maghloos also visited submarine Hamza in Jubail.
Commander Syed Sajjad Hussain and other Pakistani naval officers including the Saudi navies welcomed the Commander of the Saudi Eastern Fleet. The Pak Navy submarine Hamza is the first indigenously constructed submarine of the Pakistan Navy equipped with the MESMA AIP system. The submarine was constructed by PN Dockyard in collaboration with DCNS of France. Hamza was successfully launched on Aug. 10, 2006 by the president of the Islamic Republic of Pakistan and commissioned on Sept. 26, 2008 by the prime minister of the Islamic Republic of Pakistan.
The induction of Hamza in the PNS submarine Force has added a new dimension to conventional submarines operations. Hamza has safely and smoothly conducted maximum endurance operations of MESMA at sea. The PN Submarine Force with this state-of-the-art platform has gained a unique capability of enhanced submerged endurance as compared to the navies of the region. The submarine by virtue of its propulsion system, weapons and sensor outfit, equipment efficiency, stealth and well-knitted crew is a platform to reckon with and is fully capable of undertaking a variety of missions.


Saudi Arabia promoting arbitration culture to meet market needs

Saudi Minister of Justice Walid Al-Samaani, Finance Minister Mohammed Al-Jadaan and 37 local and foreign ministers and lecturers, as well as a top-level local and international audience, attended the conference. (SPA)
Updated 1 min 19 sec ago

Saudi Arabia promoting arbitration culture to meet market needs

  • Khayat said that the Kingdom was keen on ensuring diversity by empowering women, and by hiring arbiters from 23 states and from all continents

RIYADH: The second International Conference on Commercial Arbitration began on Monday in Riyadh under the slogan “The development of Arbitration in the Middle East and North Africa … Reality and Aspiration.”
Saudi Minister of Justice Walid Al-Samaani, Finance Minister Mohammed Al-Jadaan and 37 local and foreign ministers and lecturers, as well as a top-level local and international audience, attended the conference.  
Yassin bin Khalid Khayat, chairman of the Saudi Center for Commercial Arbitration (SCCA) board of directors, noted increasing international interest in conflict resolution alternatives, and calls for the adoption of steps to break the monopoly over this sector and secure diversity in it.
Khayat said that the Kingdom was keen on ensuring diversity by empowering women, and by hiring arbiters from 23 states and from all continents. He said: “To ensure the autonomy of the SCCA, members of the board of directors should not be holders of a public office. In addition, the board is the highest authority in the center, while the arbitration council enjoys full autonomy in performing its duties. In addition, a decree was issued to encourage public institutions and state-owned companies to seek arbitration by SCCA.”
Dr. Hamed Meera, SCCA executive director, said that the center had already launched a package of services and products such as emergency arbitrator, expedited arbitration procedures, protocol and arbitration platform. “Today SCCA has launched the service of selection and appointment of arbitrators channeled along four options to meet the needs of large companies that resort to services provided by it,” he said.
Due to rising demand for the center’s training programs, the time was ripe for the establishment of an academy that provided short- and long-term training programs, he said.
Dr. Nabeel A. Al-Mansour, senior vice president and general counsel and secretary of Saudi Aramco, said that the Kingdom was keen to establish an integrated system to activate the role of arbitration in the Kingdom within a competitive and fair and transparent environment.