Price checks stepped up to protect consumers

April 13,2012

price_checks


Madinah, April 13: The Ministry of Commerce and Industry has formulated a plan to check any rises in commodity prices and is closely monitoring the markets to end any monopoly of goods, Minister Tawfiq Al-Rabiah has said.


Al-Rabiah, who is also the chairman of the board of directors of the Saudi Industrial Property Authority (Modon), made the remarks following a tour of the industrial city in Madinah.


ring to ensure sufficient supply of goods so as to close the door for any price rise and to prevent monopoly of commodity trade," he said.


Al-Rabiah said the sufficient supplies of commodities in the market would keep prices low, prevent monopoly, and end unfair competition among traders.


"There is continuous cooperation between the ministry and the Customs Department as well as the Consumer Protection Society to keep prices at a reasonable level that will not harm either the merchant or the consumer," he said.


He said the top priority for the ministry was the protection of consumers and added that in case of manufacturing defects, the ministry would address the manufacturers about it.


Al-Rabiah said the industrial city in Madinah was a promising city that would attract industries and provide more jobs to Saudi nationals.


He said the ministry had a plan to expand the city and provide enough spaces for factories in collaboration with the Madinah municipality.


He said by the end of the year the basic infrastructure of the city would be completed, including the provision of enough quantities of water, sewage projects and others costing between SR80 million and SR90 million.


He described the city as one oft the fastest growing industrial cities in the Kingdom and said so far it had projects worth about SR170 million.


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6 Gulf countries including UAE, Saudi Arabia back extending UN arms embargo on Iran

Agencies
August 10,2020

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Dubai, Aug 10: A six-nation bloc of Gulf Arab nations torn apart by internal strife endorsed on Sunday an extension of a United Nations arms embargo on Iran, just two months before it is set to expire.

The Gulf Cooperation Council said it sent a letter to the UN Security Council backing an extension of an arms embargo that’s kept Iran from purchasing foreign-made weapons like fighter jets, tanks and warships.

The GCC — comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — alleged Iran had “not ceased or desisted from armed interventions in neighbouring countries, directly and through organisations and movements armed and trained by Iran.”

A Saudi-led coalition continues to battle Yemen’s Houthi rebels, whom the UN, the U.S. and armament experts have accused of receiving arms from Iran.

Tehran denies arming the Houthis, even as Iranian armaments and components have repeatedly turned up in Yemen.

As such, it is inappropriate to lift the restrictions on conventional weapons’ movement to and from Iran until it abandons its destabilising activities in the region and ceases to provide weapons to terrorist and sectarian organisations, the GCC said.

Iran’s foreign ministry spokesperson Abbas Mousavi condemned the GCC letter and called it an irresponsible statement that serves U.S. interests, Iranian state TV reported.

Mr. Mousavi also criticised the Gulf Arab countries for being among the “largest arms buyers in the region and the world,” even amid the economic downturn caused by the coronavirus pandemic.

The UN banned Iran from buying major foreign weapon systems in 2010 amid tensions over its nuclear program.

That blocked Iran from replacing its ageing equipment, much of which had been purchased by the shah before the 1979 Islamic Revolution. An earlier embargo targeted Iranian arms exports.

Iran’s 2015 nuclear deal saw the UN agree to sunset the arms embargo this October.

President Donald Trump unilaterally withdrew America from the deal in 2018, part of a maximum pressure campaign that’s hurt Iran’s already-ailing economy and led to a series of escalating incidents in the Middle-East.

That the GCC offered a unified statement on Iran comes as it remains torn by the ongoing Qatar crisis, which saw Bahrain, Egypt, Saudi Arabia and the Emirates cut diplomatic ties and launch a boycott of the nation beginning in 2017.

Kuwait has sought to mediate the crisis, though its 91-year-old emir now is hospitalised in the U.S. suffering from an undisclosed ailment.

Amid the crisis, Qatar has had warmer ties with Iran and used its airspace while sharing a vast offshore oil and gas field with Tehran.

The small nation is home to the massive Al-Udeid Air Base, home to the forward headquarters of the US military’s Central Command. Oman, which saw its long-serving sultan die earlier this year, long has had close ties to Iran and has served as an interlocutor between Tehran and the West.

Bahrain, Saudi Arabia and the Emirates long have viewed Iran far more suspiciously, accusing it of stirring up dissent among Shiite populations in the region.

The unified GCC statement comes after recent visits by outgoing U.S. special representative for Iran Brian Hook amid the coronavirus pandemic.

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Dubai: NRI student Ahmed Ziyad who died after CBSE Grade 12 exams scores top marks

News Network
July 18,2020

Dubai, July 18: An NRI student who passed away in Dubai shortly after shortly after attempting his Central Board of Secondary Education (CBSE) Grade 12 papers in March, has scored an impressive 91.4 per cent on his board examinations, including 100 in his media studies paper.

Ahmed Ziyad, a student of GEMS Our Own Indian School in Al Qouz, Dubai, died on March 19, suffered a heart condition called Hypertrophic cardiomyopathy (HCM) that stopped him from being active in sporting activities.

Ziyad's parents, teachers, and classmates remember him as a very ambitious pupil, who wanted to launch his own business and achieve great things in his life. His board results are - mass media studies 100, Marketing 97, English 84, Entrepreneurship 82, and Home Science 94.
 
Ziyad's father, Shanavaz Manangath, a real estate professional who has been a resident of Dubai for over two decades said, "Six months ago, he had collapsed while playing with his friends. Since there was an irregularity in his heartbeat, he could not take part in any strenuous activities." He added, "Ziyad had just started playing with his friends on March 19 when he suddenly collapsed and died shortly after. My family has not been able to overcome his loss."

Unable to hold back his tears, an emotional Manangath said Ziyad wanted to do his BBA and launch his own business, "He was very ambitious. Honestly, I haven't looked into his board exam results, but, I know he had studied very hard for the exams."

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In its first, UAE launches 'Hope' mission to Mars from Japan

News Network
July 20,2020

Abu Dhabi, Jul 20: The United Arab Emirates launched its first-ever interplanetary Hope Probe mission to Mars from Japan's Tanegashima Space Centre at 01:58 a.m. (local time) on Monday.

"United Arab Emirates (UAE) launches its first mission to Mars, the 'Hope Mars Mission' from Japan's Tanegashima Space Center," UAE Space Agency said on its Twitter page.

The spacecraft is expected to reach Mars orbit in about 200 days from now and then begin its mission to study the Red Planet's atmosphere, WAM news agency reported.

Once it enters Mars' orbit in the first quarter of 2021, the Hope probe will mark the UAE's 50th anniversary.

The probe will travel 493 million kilometres into space in a journey that will take seven months, and will orbit the Red Planet for one full Martian year of 687 days to provide the first truly global picture of the Martian atmosphere.

The Hope probe will be the first to study the Martian climate throughout daily and seasonal cycles. It will observe the weather phenomena on Mars such as the massive famous dust storms that have been known to engulf the Red Planet, as compared to the short and localised dust storms on Earth.

It will also examine the interaction between the upper and lower layers of the Martian atmosphere and causes of the Red Planet's surface corrosion, as well as study why Mars is losing its upper atmosphere.

Exploring connections between today's Martian weather and the ancient climate of the Red Planet will give deeper insights into the past and future of Earth as well as the potential of life on Mars and other distant planets.

The Hope Mars Mission is considered as the biggest strategic and scientific national initiative announced by UAE's President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum in 2014. The UAE will be the first Arab nation to embark on a space mission to the Red Planet in a journey that contributes to the international science community as a service to human knowledge.

The interplanetary mission is the first by any West Asian, Arab or Muslim majority country.

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