China Manufacturing Sector Unexpectedly Shrinks in August

Beijing– China’s manufacturing sector unexpectedly contracted in August as power cuts and temporary factory closures due to the heatwave dampened production and sales, the dpa quoted survey results from S&P Global as showed on Thursday.

The Caixin manufacturing Purchasing Managers’ Index fell to 49.5 in August from 50.4 in July. The reading fell below the neutral 50.0 mark for the first time since May, while it was forecast to fall to 50.2.

New orders logged the first drop in three months due to subdued market conditions, power cuts and lingering Covid-19 impacts. Foreign demand also fell back into contraction. At the same time, production growth also slowed at a marginal pace. Staffing levels at manufacturers fell for the fifth month in a row as firms adopted downsizing policies due to lower intakes of new work.

Data showed that backlogs of work were stable in August, following two months of decline.

Average input costs dropped for the first time since May 2020.

Although moderate, the rate of reduction was the quickest seen since the start of 2016. To boost competitiveness and attract sales, prices charged by manufacturers dropped at the fastest rate since May.

Although Chinese manufacturing firms were generally confident that output would rise over the next year, the level of sentiment was unchanged from July. Right now, the economy is still slowly recovering from a widespread outbreak of Covid-19 in the first half of the year, Wang Zhe, a senior economist at Caixin Insight Group said. Yet, local flare-ups and the punishing heatwave have disrupted the trend and created new downward pressures, posing a threat to the recovery.

Source: Saudi Press Agency

Saudi Fund for Development Launches Hospital Project and Opens New School to Enhance Kyrgyz Healthcare and Education Sector

Bishkek– Under the patronage and presence of the President of the Republic of Kyrgyzstan, Sadyr Japarov, the CEO of the Saudi Fund for Development, Sultan Abdulrahman Al-Marshad, laid the foundation stone for the project to rehabilitate and expand the General Children’s Emergency Hospital in the capital, Bishkek. SFD will finance the project with a $30 million soft development loan.

The ceremony was attended by the Ambassador of the Kingdom of Saudi Arabia to the Kyrgyz Republic, Ibrahim bin Radi Al-Radi, the Acting Minister of Health of Kyrgyzstan, the Director of the Kyrgyz State Agency of Architecture, Construction, Housing and Communal Services of the Council of Ministers, Gulnara Baatyrova, a delegation from the Saudi Fund for Development, and several officials in Kyrgyzstan.

The project will contribute to developing the health sector in the Kyrgyz Republic and improving health services in paediatrics. To cater to the growing healthcare needs of the Republic, the project will include constructing and equipping a five-story surgical building with a total area of 17 thousand square meters and a capacity of about 212 medical beds. The funding of this project also includes providing medical and non-medical equipment, furniture for the surgery building, advisory services, and supervising implementation.

On this occasion, the Kyrgyz President expressed his appreciation to the government of the Kingdom of Saudi Arabia for the development support it provides through the Saudi Fund for Development to the Kyrgyz Republic. He further emphasized that this vital project would contribute to strengthening the health system in the country and will ensure the expansion of the provision of more health care services to the population of Kyrgyzstan, precisely to the city of Bishkek, in addition to the neighbouring cities to provide a healthy and sustainable future.

In a related context, in the presence of Minister of State of the Kyrgyz Republic, Kasimampitov Soyunbek the SFD CEO, Al-Marshad, inaugurated the fourteenth 14 State School in Bishkek during his visit to the Kyrgyz Republic. The opening ceremony was attended by the Ambassador of Saudi Arabia to Kyrgyzstan, Ibrahim bin Radi Al-Radi, the Deputy Minister of Education and Science of Kyrgyzstan, Ulan Mambetakunov, the Head of the Education Center of the Leninsky Region of Bishkek, as well as the school principal. The school’s inauguration comes within the comprehensive framework of the project to construct 30 public schools in various regions of the country. The number of beneficiaries expected to benefit directly and indirectly is expected to reach 50,000 students annually, made possible by the Fund’s soft development loan valued at $30 million.

The project aims to develop and improve public education in Kyrgyzstan by building more schools to meet the increasing number of students in different regions. The project forms part of the government’s plan to develop the country’s education sector and help alleviate the hardships students face when trying to reach schools that are far from their homes. The new school, which includes 40 classrooms, vocational and technical laboratories, gyms, and integrated boarding health clinics, will further contribute to reducing the student density in the neighboring school, which has more than 2,000 students

In this context, SFD CEO, Al-Marshad, said: ” This school will help raise the absorptive capacity of the education sector, enhance the level of quality education in Kyrgyzstan, and create an effective and safe learning environment for all, and providing new job opportunities. The project reflects the SFD held belief in the noble mission of the education sector as it contributes to developing people and societies and achieves several development goals, including the fourth goal of the Sustainable Development Goals, which is related to the quality of education. We always seek to fund projects that support the education sector, which is a key to sustainable development that can achieve social growth and economic prosperity.”

The Saudi Fund for Development (SFD) started its development cooperation with the Republic of Kyrgyzstan in 2011. Over the past years, SFD has financed over than eight (8) projects in several sectors, including transportation, education, health, agriculture, and sanitation, with a total of $200 million. This is in addition to the provision of a generous grant from the Government of the Kingdom of Saudi Arabia that is worth $3.8 million, and managed by the Saudi Fund for Development and intended to equip a number of medical centers.

Source: Saudi Press Agency

HRH Crown Prince Congratulates President of the Slovak Republic on Constitution Day

Jeddah, September 1, 2022, SPA– His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Deputy Prime, has sent a cable of congratulation to President Zuzana Caputová of the Slovak Republic on the anniversary of her country’s Constitution Day.

In his cable, HRH the Crown Prince expressed his best felicitations and wished the President constant good health and happiness and the government and people of the Slovak Republic steady progress and prosperity.

Source: Saudi Press Agency

Crown Prince Mohammed bin Salman’s “Developing Historical Mosques” project restores Asir ancient mosques

Riyadh– Emanating from the importance of historical mosques in the Islamic religion, and emphasizing their importance and their religious, cultural, social and architectural value, the second phase of Prince Mohammed bin Salman’s project to develop historical mosques contributes to preserving the historical aspects of the old mosques in the Asir region.

The project works on reconstructing and renovating the mosques in the region, restoring their heritage identity in all its details, rehabilitating them to put them back in service as houses of worship, through a series of stages that start with the preparation of rehabilitation and development studies through which the current status of the mosque is assessed and analyzed, and then moving to the restoration stage, which includes improving the original architecture of the mosques and restoring the spaces and architectural details; and enhancing the visual features of the mosque from the inside and outside.

Among the mosques to be restored is the Al-Hawza Mosque, which is one of the most prominent historical mosques that the project aims to rehabilitate, due to its Islamic background and its connection with Islamic history.

The Al-Hawza Mosque is located in the middle of the heritage district of Dhahran Al-Janoub governorate in Asir region, and was subject to an expansion process in 1213 AH by the local villagers, and was expanded again during the reign of Late King Abdul Aziz.

It is one of the old mosques where prayers have been held since its construction until today, and its area before and after restoration is 293 m², while its capacity will increase after restoration from 100 to 148.

In the east of the village of Al-Masqi, located 32 km south of Abha, the old Al-Masqi mosque, which was built between the years 73-75 AH, and the date of its construction was reliably recorded on a tablet, before it was lost during the reconstruction of the mosque in 1395 AH.

In 1397 AH, the building of the mosque was completely restored, which is the current building, and people used to visit it from the neighboring villages. The mosque’s area after restoration will be 405.72 m² with a capacity to host 156 people.

The Asir mosques located on the Hajj route are part of the project, where the development extends to Al-Hosn Mosque, which is one of the mosques intended for residents of neighboring villages and pilgrims to Makkah. It was built in 1173.

Al-Hosn Mosque was distinguished during the past centuries by the fact that it contained a room called “Al-Manzalah”, which was used to host passers-by, in addition to being used to imprison outlaws, the total area of the mosque before and after the restoration will be 134.18 m², with a capacity for 134 worshippers.

The project aims to restore and rehabilitate 130 historical mosques in all regions of the Kingdom, with 30 mosques of historical heritage will be included in the second stage.

Source: Saudi Press Agency

Custodian of the Two Holy Mosques Congratulates President of the Slovak Republic on Constitution Day

Jeddah, September 1, 2022, SPA–The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has sent a cable of congratulation to President Zuzana Caputová of the Slovak Republic on the anniversary of her country’s Constitution Day.

The Custodian of the Two Holy Mosques expressed his best felicitations and wished the President constant good health and happiness and the government and people of the Slovak Republic steady progress and prosperity.

Source: Saudi Press Agency

Undersecretary of Ministry of Finance Heads KSA’s Delegation in Meetings of 110th Regular Session of Economic and Social Council of Arab League

Cairo– Undersecretary of the Ministry of Finance for International Relations Dr. Riyadh bin Mohammad Al-Khorayef, headed the Kingdom of Saudi Arabia’s delegation to the meeting of the 110th Regular Session of the Economic and Social Council of Arab League, which was held at the ministerial level at the Arab League’s headquarters in Cairo, to discuss a number of issues of joint Arab action in the economic and social aspects.

The meeting reviewed a number of important issues that represent a priority in promoting the Arab economic development process and supporting efforts aimed at implementing the sustainable development plan.

The Council stressed the importance of strengthening the joint Arab economic and social action, especially in light of the rapid changes that the global economy is currently witnessing, and the importance of moving forward with the implementation of the 2030 sustainable development plan.

Source: Saudi Press Agency

HRH Crown Prince Congratulates President of the Republic of Uzbekistan on Independence Day

Jeddah– His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Deputy Prime, has sent a cable of congratulation to President Shavkat Mirziyoyev of the Republic of Uzbekistan on the anniversary of his country’s Independence Day.

In his cable, HRH the Crown Prince expressed his best felicitations and wished the President constant good health and happiness and the government and people of the Republic of Uzbekistan steady progress and prosperity.

Source: Saudi Press Agency

Anti-Money Laundering and Terrorist Financing Forum Kicks off in Sharm El-Sheikh

Sharm El-Sheikh– The Naif Arab University for Security Sciences is organizing the Anti-Money Laundering and Terrorism Financing Forum, in Sharm El-Sheikh, Egypt, in cooperation with the Union of Arab Banks, the UN Counter-Terrorism Centre, and the Central Bank of Egypt, which kicked off today and will last for three days with the participation of 350 banking experts from 21 countries.

President of Naif Arab University for Security Sciences, Dr. Abdul Majeed bin Abdullah Al-Bunyan, delivered a speech at the event where he welcomed the attendees, stressing that the university urged the establishment of such events and scientific programs to improve security efforts and build Arab capabilities to confront security risks and combat crime.

He underscored the university’s efforts in preparing studies and research that contribute to the formation of policies related to confronting terrorism, adding that the university has launched the Financial Integrity Program to train experts and specialists in money laundering and combating terrorism.

Secretary-General of the Arab Interior Ministers Council, Dr. Mohammed Ali Kuman, stressed in his speech the importance of cutting off funding for terrorists, stressing that it is no less important than the intellectual and security confrontation of terrorism.

The Secretary-General of the Union of Arab Banks, Wissam Fattouh, highlighted the importance of cooperation between the banking, judicial and security sectors to combat all forms of crime, stressing that money laundering and terrorist financing remain the biggest challenge for banks and international regulatory, judicial and security authorities.

Meanwhile, the Chairman of the Board of Directors of the Union of Arab Banks, Mohamed-El-Atribi, underlined the danger of pirates targeting the financial system to destabilize clients’ confidence, doubling the importance of joint action at all levels to curb financial crime in all its forms.

The forum highlights the importance of cooperation between security agencies, judicial bodies, and the banking sector to combat money laundering and terrorist financing and the risks that Arab societies face as a result of financial crimes, and their impact on economic and financial stability. It also discusses the best ways to increase the effectiveness of combating these crimes, especially in light of accelerated and advanced financial technologies.

The gathering also aims to strike a balance between developing innovations in the financial and banking sector, enhancing compliance with legislation and controls, ensuring data protection in banks and cybersecurity, and enhancing understanding of financial institutions and stakeholders on best practices to reach the real beneficiary of dealing with them, discussing ways to conduct a money laundering and terrorist financing risk assessment, and integrating its results.

Source: Saudi Press Agency

Islamic Fatwas – Are They Laws or Opinions?

Immediately after British American writer Salman Rushdie was stabbed in New York on August 12, a decades-old fatwa given by the founder of Iran’s Islamic Revolution, Ayatollah Ruhollah Khomeini, became the buzzword as the prima facie cause for the attack.

The 24-year-old attacker has not cited the fatwa as his motive for the stabbing, only that he did not like Rushdie and perceived The Satanic Verses, Rushdie’s controversial book, of which he reportedly had read only a few pages, as insulting Islam.

Despite several statements by Iranian officials, including a 1998 statement by former President Mohammad Khatami that the Islamic Republic was not supporting Khomeini’s fatwa to kill Rushdie, it is still believed to be in force, primarily because of the influence of the man who issued it.

“Khomeini’s fatwa carries immense potency because he’s not only followed but revered by the global Shia community,” Khaled Beydoun, a law professor at Wayne State University, told VOA.

A fatwa can be the opinion of a mufti, or scholar of Islamic laws, like Khomeini, or an official pronouncement by an Islamic institution.

“A fatwa can be about a simple personal matter such as missing a prayer, or it could be about a controversial issue such as embryo cloning or transgender operation,” said Jonathan Brown, a professor of Islamic studies at Georgetown University.

The enforcement of a fatwa depends largely on who the mufti is, rather than what its contents are.

There are also other limitations.

“A fatwa issued in Afghanistan may have some weightage there … but a religious leader in America pronouncing something has very limited impact, because Muslims live in a non-Muslim society where there are laws, and the laws say that you cannot go and kill people simply because someone issued a fatwa,” said Akbar Ahmed, the Ibn Khaldun chair of Islamic studies at American University. “So, immediately, you have [a] block in implementing such a fatwa.”

Fatwa is not law

For centuries, thousands of fatwas have been issued by numerous scholars and institutions. There are fatwas against Western colonialism, nuclear weapons, tobacco, terrorism and suicide bombing. A 2008 fatwa was issued by a Pakistani religious scholar against Pakistan’s former President Asif Ali Zardari for his alleged flirting with Sarah Palin, then a U.S. vice presidential candidate. There are also fatwas in support of vaccination, singing and women’s rights.

“A fatwa is not a legal decree. A legal decree is issued by a court,” Ahmed said.

But some fatwas carry as much weight as the law in a country.

Fatwas issued by the Grand Mufti of Saudi Arabia or by the Supreme Leader of Iran are enforceable as laws, and fatwas declared by state muftis in Malaysia are published in the official newspaper.

“There is no equivalent Muslim institution to the Vatican and the pope in Roman Catholicism. Fatwas only have the relevance of the governmental body and religious institution that seek to enforce them. This in no way diminishes how a fatwa can become important as part of geopolitical culture wars, and in the case of Salman Rushdie, tragically led to real harm,” Hatim El-Hibri, assistant professor of media at George Mason University, told VOA.

Absent endorsement from a government or when a mufti has no followers, a fatwa remains the opinion of an individual.

In 1996 and 1998, al-Qaida founder Osama bin Laden reportedly signed two fatwas declaring Islamic jihad against the United States.

No Muslim government endorsed al-Qaida’s fatwas, but there were several other fatwas against al-Qaida itself and terrorism that are supported by many Islamic scholars and official entities in several Muslim-majority countries.

Need for fatwas

The origins of fatwas go back to the early days of Islam when Muslim leaders responded to questions about the religion’s take on various mundane matters.

“After the Prophet Muhammad, when questions arose, they were answered through fatwas by the Companions [of the Prophet],” said Georgetown’s Brown, adding that the practice has evolved over the centuries as an Islamic custom.

“Fatwa is not unique and distinct only to Islam,” said Beydoun of Wayne State. Leaders of other faith groups also offer religious opinions about new issues that are not already answered by their religions or issues that need religious clarification, he said.

While some fatwas have raised concerns, as they herald far wider security and human rights consequences, through others, social and political reforms and progressive ideas have been propagated in various Muslim communities, experts say.

“To view fatwas with negative connotations will be part and parcel of the broader cultural Islamophobia that we live in,” Beydoun said.

Khomeini’s 1989 fatwa has received global condemnation across religious communities, and many Muslim writers and activists have condemned the attack on Rushdie. But whether it still propels individuals to act upon it is open for debate.

Source: Voice of America

GCC Assistant Secretary for Political Affairs Meets with Deputy Chief of Mission at the U.S. Embassy in Riyadh

Riyadh– Assistant Secretary for Political Affairs and Negotiations of the Gulf Cooperation Council (GCC) Dr. Abdulaziz Hamad Al-Owaishek met here yesterday with Deputy Chief of Mission at the U.S. Embassy in the Kingdom of Saudi Arabia Denison Offutt.

The meeting dealt with the latest arrangements for the ministerial meeting, the priorities for preparing for the meetings of the specialized working groups, and ways to develop and enhance cooperation in all fields in order to achieve common interests in light of the strategic partnership between the Gulf Cooperation Council and the United States of America.

The two sides also reviewed regional issues and files of common interest and exchanged views regarding the latest developments in the region.

Source: Saudi Press Agency

Mawani Launches New Road Expansions at Jeddah Islamic Port

Riyadh– The Saudi Ports Authority (Mawani) in partnership with the Emirate of Makkah Province has officially launched the new Gate 9 expansion at Jeddah Islamic Port after the rehabilitation of Aramco Refinery’s western road as per local and global best practices, which is set to enhance the port’s operational efficiency using sustainable development standards, while offering best-in-class services to improve the customer experience.

The SAR17.5 million expansion and development project will play a major role in raising the average truck exit rate from 3,600 to 8,000 vehicles per day, as well as shorten the transition time between Jeddah Islamic Port and Al Khumra Warehouse City from 40 to 25 minutes. The route remains accessible around the clock, enabling trucks to swiftly enter and exit through four lanes equipped with Optical Character Recognition (OCR) technology.

With the support from HRH Prince Faisal bin Salman bin Abdulaziz, Advisor to the Custodian of the Two Holy Mosques, Governor of Makkah Province and HRH Prince Badr bin Sultan bin Abdulaziz, Deputy Governor of Makkah Province, Mawani and the Ministry of Transport and Logistic Services have established an operational plan to develop business, expand the gate, and rehabilitate the road all the way to its intersection with King Faisal Road in Jeddah, and develop it according to the best local and international standards.

Mawani has joined forces with its partners from the public and private sectors to modernize ports’ infrastructure in the Kingdom and scale up its overall efficiency to achieve sustainability, digitalization, and innovation, which helps in maintaining a safe and smooth functioning of supply chain activities and provides means to diversify the sources of the national economy, in line with the objectives of the National Transport and Logistics Strategy (NTLS) to enhance the competitiveness of Saudi ports and reinforce their position as a global logistics hub.

Mawani has revamped key roads within Jeddah Islamic Port spanning 2000 meters, which include the expansion of Road 35 from 3 to 5 lanes, to offer world-class logistics solutions, boost local supply chains, bolster economic development, and facilitate transportation to warehouses in record time.

Source: Saudi Press Agency

Combined Task Force 150 Led by Saudi Navy Seizes 3,330 kg of Drugs at Gulf of Oman

Riyadh– The Combined Task Force (CTF) 150, which is currently led by the Royal Saudi Navy Forces, carried out an interception and search operation of a boat in the Gulf of Oman through the USCGC Glen Harris. The CTF 150 seized and confiscated 3,330 kg of hashish and heroin.

The Royal Saudi Navy Forces Command took over these tasks for the first time from the British Royal Navy on July 30, 2018 and for the second time from its French counterpart in August 2020. In addition to today’s operation, the Saudi forces carried out six operations.

The first operation was carried out in October 2020, in which more than 450 kg of methamphetamine, known as “crystal meth”, were seized. In November 2020, two operations were carried out, including an interception of a boat carrying 1,579 kilograms of hashish in addition to an interception of a boat and confiscation of 456 kilograms of the narcotic “Crystal meth” as well as 364 kilograms of heroin.

In December 2020, two operations were carried out. In the first operation, 910 kilograms of hashish was seized, while the forces intercepted and confiscated, in the second operation, 182 kilograms of methamphetamine, in addition to 272 kilograms of heroin in international waters in the Arabian Sea.

Source: Saudi Press Agency