Tag: Saudi Arabia

Iraqi Twins Separated Successfully

RIYADH: A team of 30 doctors and para medical staff toiled for 10 hours yesterday to separate a pair of Iraqi conjoined twins who were joined at the lower thorax. “The twins, who also shared a liver, were successfully separated this evening, and they are responding well to the post-operation treatment,” Dr. Abdullah Al-Rabeeah, who led the team at the King Abdulaziz Medical City (KAMC), said yesterday.

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GCC To Unify Stand Against Crisis

RIYADH: Finance ministers and governors of central banks from the six-nation Gulf Cooperation Council (GCC) pledged here yesterday to unify their position against the global financial crisis that is hampering the smooth operation of banks and stock markets in the region. The ministerial-level meeting called for coordinated efforts to shore up confidence of Gulf institutions and individuals. “The finance ministers discussed the mechanisms of coordination to protect the economies of the Gulf states,” said GCC Secretary-General Abdul Rahman Al-Attiyah. The emergency meeting’s main agenda was to discuss coordination of GCC states’ responses to a global downturn that threatens to stop the region’s six-year economic boom.

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Barclays set up investment, wealth management arm

Addressing a press conference, Vitry said that Barclays Saudi Arabia (BSA) was honored to have received its commencement letter from the Capital Market Authority (CMA), which allows them to conduct regulated activities now. He said: “The Middle East, especially Saudi Arabia, was an important market in which Barclays has a strong footprint and client base.” The Kingdom now becomes the fourth Barclays operation in the region after Egypt, Qatar and the UAE.

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sama suspends operations after SR1 billion loss

Flights will operate as planned on Monday as Sama makes urgent arrangements to accommodate stranded passengers on other airlines. Sama CEO Bruce Ashby said the decision was not an easy one for the airlines and was taken only after failing to find an alternative. Sama has informed the General Authority of Civil Aviation of its plan, said GACA spokesman Khalid Al-Khaibari.

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