Saudi Arabia a ‘model of moderate Islam,’ says EU official

Saudi Human Rights Commission chief Awwad Al-Awwad (right) with Tomas Zdechovsky, vice chairman of the European Parliament Committee on Employment and Social Affairs, in Brussels on Thursday. (Saudi HRC via Twitter)
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Updated 13 December 2019

Saudi Arabia a ‘model of moderate Islam,’ says EU official

Awwad Al-Awwad, president of the Saudi Human Rights Commission, met Tomas Zdechovsky, vice chairman of the European Parliament Committee on Employment and Social Affairs, in Brussels on Thursday. 

The Kingdom’s ambassador to the EU, Saad bin Mohammed Al-Arifi, also attended the meeting.

They discussed ways to develop cooperation between the Kingdom and the European Parliament in social and humanitarian fields, in addition to a review of the Kingdom’s efforts to support human rights, and the reforms it has undertaken in this field, including the issuance of 60 decisions.

Zdechovsky described Saudi Arabia as a model of moderate Islam, citing its role in combating extremism and the importance of its position in the Islamic world. 

 


Tadawul index records highest close since July 2019 on Sunday

Updated 30 November 2020

Tadawul index records highest close since July 2019 on Sunday

  • Total trading reached $3.17 billion

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.2 percent, or 15 points, to end at 8,709 points on Sunday, the highest closing since July 2019.

Total trading reached SAR 11.9 billion ($3.17 billion), with the advance-decline ratio at 146:44.

SPIMACO rose 5.5 percent to SAR 43.05. The company signed a non-binding memorandum of understanding with German biopharmaceutical firm, CureVac, to provide COVID-19 vaccine in the Kingdom.

Electrical Industries closed 5.6 percent higher at SAR 24.26, as the firm completed the final phase of share buyback for SAR 7.2 million.

Naseej went limit up to close at SAR 33.

Oil giant Saudi Aramco fell 0.4 percent to SAR 35.75, while banking major Al Rajhi slipped 0.3 percent to SAR 74.

Blue chip SABIC edged down 0.3 percent to SAR 96.50.

Alandulas was the top decliner, shedding nearly 2 percent to SAR 21.08.

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