Wednesday, 08 December 2021 03:40 GMT

Saudi Press: Terrorist Houthi militia's attacks pose a serious threat to civil aviation


(MENAFN- Saudi Press Agency) Riyadh, October 10, 2021, SPA -- Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas.
Al-Bilad newspaper said in its editorial that the terrorist Houthi militia did not hesitate to target King Abdullah Airport in Jazan, using a bomb-laden drone, which resulted in injuries among civilian travelers and airport staff who are protected by international humanitarian law (IHL) and its customary rules.
The newspaper added that this terrorist behavior was widely condemned by different countries as well as regional and international organizations since it threatens the safety of civilians, travelers, and vital installations and facilities and contradicts with all international norms and laws. This behavior's impact extends from threatening the stability of the Kingdom of Saudi Arabia to threatening the security and safety of civil aviation, air navigation and international peace and security.
The newspaper concluded that the Coalition to Restore Legitimacy in Yemen is capable of protecting civilian objects and civilians, in accordance with the IHL and its customary rules, and there is no doubt that the Kingdom of Saudi Arabia is able to take deterrent measures against those who try to threaten its security, stability, as well as the safety of its citizens and residents.
Al-Eqtisadiah and Al-Riyadh newspapers reported in their editorials that the Public Investment Fund (PIF) continues its activities and different investment deals in different and diversified sectors. In this regard, the PIF periodically announces qualitative deals that reflect its main role, as the primary driver of Saudi economic growth and diversification and the development of specific strategic sectors. All the PIF's work falls within efforts aiming to achieve a general goal, announced by the fund, which is to become one of the largest sovereign wealth funds in the world through doubling its assets to SAR 4 trillion by 2025.
During the past four years, the PIF was able to realize a package of achievements that drew global attention. It has chosen promising investment opportunities aimed at achieving the objectives of the fund, by increasing the total return for shareholders and expanding the establishment of local companies in various fields. All this contributes to the creation of hundreds of thousands of direct and indirect jobs and increasing the fund's participation in non-oil gross domestic product, the newspaper further said.
In a recent and remarkable deal, an investment group led by the PIF, and also comprising PCP Capital Partners and RB Sports & Media, has completed the acquisition of 100% of Newcastle United Limited and Newcastle United Football Club Limited from St. James Holdings Limited.
This acquisition will be followed by other steps, including setting plans and various programs to support and advance the club in order to achieve all the goals of this investment, the papers said.
Al-Yaum newspaper reported in its editorial that commitment to achieving sustainable development goals as well as exerting efforts and supporting international cooperation in order to unite to reduce extreme poverty and achieve sustainable development goals represent a consistent approach for the Kingdom of Saudi Arabia.
In this regard, the Kingdom of Saudi Arabia affirmed its keenness to support international efforts to rebuild global food systems in order to achieve food security and combat poverty. This came in the Kingdom's speech at the general discussion of item (24) poverty eradication and other development issues and item (26) agricultural development and food security within the work of the Economic and Financial Committee (second committee) of the UN 76th General Assembly .
The Kingdom of Saudi Arabia has exerted efforts to help achieve global food security and extend a helping hand to developing countries through multiple channels, whereas King Salman Humanitarian Aid and Relief Center (KSrelief) works on more than 1,700 projects in various fields.
--SPA
12:37 LOCAL TIME 09:37 GMT
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