DOCSLIB.ORG

You Must Read the Following Notice Before Continuing

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
You Must Read the Following Notice Before Continuing IMPORTANT NOTICE NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR TO ANY PERSON OR ADDRESS IN THE UNITED STATES IMPORTANT: You must read the following notice before continuing. The following notice applies to the attached prospectus following this page (the Prospectus), whether received by email, accessed from an internet page or otherwise received as a result of electronic communication, and you are therefore advised to read this notice carefully before reading, accessing or making any other use of the Prospectus. In reading, accessing or making any other use of the Prospectus, you agree to be bound by the following terms and conditions and each of the restrictions set out in the Prospectus, including any modifications made to them from time to time, each time you receive any information from Saudi Electricity Global SUKUK Company 5 (the Issuer) or Saudi Electricity Company (SEC) as a result of such access. RESTRICTIONS: NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THE CERTIFICATES IN ANY JURISDICTION. ANY CERTIFICATE TO BE ISSUED HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT), OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OF THE UNITED STATES OR OTHER JURISDICTION. THE CERTIFICATES MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED DIRECTLY OR INDIRECTLY WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT), EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS. THE PROSPECTUS IS NOT BEING DISTRIBUTED TO, AND MUST NOT BE PASSED ON TO, THE GENERAL PUBLIC IN THE UNITED KINGDOM. THE DISTRIBUTION IN THE UNITED KINGDOM OF THE PROSPECTUS AND ANY OTHER MARKETING MATERIALS RELATING TO THE CERTIFICATES IS BEING ADDRESSED TO, OR DIRECTED AT, ONLY THE FOLLOWING PERSONS: (I) PERSONS WHO ARE INVESTMENT PROFESSIONALS AS DEFINED IN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE FINANCIAL PROMOTION ORDER), (II) PERSONS FALLING WITHIN ANY OF THE CATEGORIES OF PERSONS DESCRIBED IN ARTICLE 49 (HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS, ETC.) OF THE FINANCIAL PROMOTION ORDER AND (III) ANY OTHER PERSON TO WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED. (ALL SUCH PERSONS IN (I), (II) AND (III) ABOVE TOGETHER BEING REFERRED TO AS RELEVANT PERSONS). PERSONS OF ANY OTHER DESCRIPTION IN THE UNITED KINGDOM MAY NOT RECEIVE AND SHOULD NOT ACT OR RELY ON THE PROSPECTUS OR ANY OTHER MARKETING MATERIALS IN RELATION TO ANY CERTIFICATES AND ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THE PROSPECTUS RELATES WILL BE ENGAGED IN ONLY WITH RELEVANT PERSONS. CONFIRMATION OF YOUR REPRESENTATION: By accepting this e-mail and accessing, reading or making any other use of the attached document, you shall be deemed to have represented to First Abu Dhabi Bank PJSC, HSBC Bank plc, J.P. Morgan Securities plc, MUFG Securities EMEA plc, and Standard Chartered Bank (together, the Joint Lead Managers), Saudi Electricity Global SUKUK Company 5 (in any capacity), SEC and HSBC Corporate Trustee Company (UK) Limited that (1) you have understood and agree to the terms set out herein, (2) you are (or the person you represent is) not a U.S. person (within the meaning of Regulation S under the Securities Act) or acting for the account or benefit of a U.S. person and the electronic mail address that you have given to us and to which this e-mail has been delivered is not located in the United States, its territories and possessions (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands) or the District of Columbia (3) in respect of the Certificates being offered in the United Kingdom, you are (or the person you represent is) a Relevant Person, (4) you consent to delivery by electronic transmission, (5) you will not transmit the attached Prospectus (or any copy of it or part thereof) or disclose, whether orally or in writing, any of its contents to any other person except with the consent of the Joint Lead Managers, the Issuer and SEC and (6) you acknowledge that you will make your own assessment regarding any legal, taxation, Shari’ah or other economic considerations with respect to your decision to subscribe for or purchase of any of the Certificates. You are reminded that the Prospectus has been delivered to you on the basis that you are a person into whose possession the Prospectus may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorised to, deliver or disclose the contents of the Prospectus, electronically or otherwise, to any other person. Failure to comply with this directive may result in a violation of the Securities Act or the applicable laws of other jurisdictions. If you received the Prospectus by e-mail, you should not reply by e-mail. Any reply e-mail communications, including those you generate by using the “Reply” function on your e-mail software, will be ignored or rejected. If you received the Prospectus by e-mail, your use of this e-mail is at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. The materials relating to the offering do not constitute, and may not be used in connection with, an offer or solicitation in any place where such offers or solicitations are not permitted by law. If a jurisdiction requires that the offering be made by a licensed broker or dealer and the Joint Lead Managers or any affiliate of the Joint Lead Managers is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by the Joint Lead Managers or such affiliate on behalf of the Issuer in such jurisdiction. Under no circumstances shall the Prospectus constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Certificates in any jurisdiction in which such offer, solicitation or sale would be unlawful. Recipients of the attached document who intend to subscribe for or purchase the Certificates are reminded that any subscription or purchase may only be made on the basis of the information contained or incorporated by reference in the Prospectus. The Prospectus has been sent to you in an electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of electronic transmission and consequently none of the Joint Lead Managers, the Issuer, SEC or any person who controls or is a director, officer, employee or agent of the Joint Lead Managers, the Issuer, SEC or any affiliate of any such person accepts any liability or responsibility whatsoever in respect of any difference between the Prospectus distributed to you in electronic format and the hard copy version available to you on request from the Joint Lead Managers. The distribution of the Prospectus and the offer or sale of the Certificates in certain jurisdictions may be restricted by law. Persons into whose possession the attached document comes are required by the Joint Lead Managers, the Issuer and SEC to inform themselves about, and to observe, any such restrictions. The Prospectus will be valid for the admission to trading of the Certificates on the regulated market of Euronext Dublin until the time when trading on such regulated market begins. The obligation to supplement the Prospectus in the event of a significant new factor, material mistake or material inaccuracy does not apply, once the Certificates are admitted to trading on the regulated market of Euronext Dublin. SAUDI ELECTRICITY GLOBAL SUKUK COMPANY 5 (incorporated as an exempted company in the Cayman Islands with limited liability) U.S.$650,000,000 Green Certificates due 2025 U.S.$650,000,000 Green Certificates due 2030 The U.S.$650,000,000 Green Certificates due 2025 (the 2025 Certificates) and the U.S.$650,000,000 Green Certificates due 2030 (the 2030 Certificates, and, together with the 2025 Certificates, the Certificates, and each a Series)of Saudi Electricity Global SUKUK Company 5 (the Issuer) will be constituted by a declaration of trust (the Declaration of Trust) dated 17 September 2020 (the Closing Date) entered into between Saudi Electricity Company (SEC), the Issuer, in its capacity as issuer and as trustee (the Trustee) for and on behalf of holders of the Certificates (the Certificateholders) and HSBC Corporate Trustee Company (UK) Limited in its capacity as delegate of the Trustee (the Delegate). Pursuant to the Declaration of Trust, the Trustee will declare that it will hold the Trust Assets (as defined herein) in respect of each Series upon trust absolutely for the Certificateholders of that Series pro rata according to the face amount of the Certificates held by each Certificateholder in accordance with the Declaration of Trust and the terms and conditions of such Certificates (in the case of the 2025 Certificates, the 2025 Conditions and, in the case of the 2030 Certificates, the 2030 Conditions and, together, the Conditions). On (i) in the case of the 2025 Certificates, the 17th day of March and September in each year, commencing on 17 March 2021, and (ii) in the case of the 2030 Certificates, the 17th day of March and September in each year, commencing on 17 March 2021 (each a Periodic Distribution Date), the Issuer will pay Periodic Distribution Amounts (as defined herein) to the relevant Certificateholders, calculated at the rate of (i) in the case of the 2025 Certificates, 1.740 per cent.
Load more

Recommended publications
  • EPSE PROFILE-19Th Edition
    Electrical Power Systems Establishment PROFILE 19th EDITION May, 2019 www.eps-est.com TABLE OF CONTENTS 1.0 INTRODUCTION 2.0 ORGANIZATION INFORMATION 3.0 MESSAGES 3.1 MISSION 3.2 VISION 3.3 COMMITMENT STATEMENT 3.4 QA/QC STATEMENT 3.5 SAFETY STATMENT 4.0 ORGANIZATION CHART 5.0 AFFILIATIONS 6.0 RESOURCES LISTING 6.1 MANPOWER 6.2 CONSTRUCTION EQUIPMENT & TOOLS 6.3 TESTING EQUIPMENT 7.0 BRIEF BUSINESS EXPOSURE 7.1 EQUIPMENT EXPERTISE 7.2 SERVICES 7.3 MAIN CUSTOMERS LIST 8.0 PROJECT LISTING 8.1 ON GOING JOBS 8.2 COMPLETED JOBS Electrical Power Systems Est. Profile 19th Edition May, 2019 PAGE 2 OF 33 1.0 INTRODUCTION Electrical Power Systems Est., (EPSE) was founded in 1989 under the name of Electronics Systems Est. (ESE). Established primarily to provide general services in instrumentation, calibration and personal computer trade, it then revolutionized its interests to the more technical field of Control and Monitoring Systems primarily for the Electric Power utilities. Within a short period of time in this new field of interest, it has achieved a remarkable and outstanding performance that gained the appreciation and acknowledgment of fine clients such as ABB, which from thence entrusted sensitive related jobs to the Establishment. Realizing the soaring demand for services in this specialized field and where only few Saudi firms have ventured, the management was prompted to enhance and confine ESE activities within the bounds of Electric Power Control and Monitoring Systems. In late 1998, Electronics Systems Est. (ESE) was renamed Electrical Power Systems Establishment (EPSE) to appropriately symbolize its specialized activities in the field of Electricity.
    [Show full text]
  • Earlier Report on Saudi Arabia's Measures to Combat Money
    MIDDLE EAST & NORTH AFRICA FINANCIAL ACTION TASK FORCE FINANCIAL ACTION TASK FORCE Mutual Evaluation Report Anti-Money Laundering and Combating the Financing of Terrorism Kingdom of Saudi Arabia 25 June 2010 The Kingdom of Saudi Arabia is a member of the Middle East & North Africa Financial Action Task Force (MENAFATF). It is also a member of the Gulf Co-operation Council, which is a member of the Financial Action Task Force (FATF). The Mutual Evaluation of the Kingdom of Saudi Arabia was conducted as a joint exercise between the MENAFATF and the FATF. The Mutual Evaluation Report was considered and adopted by the MENAFATF at its plenary meeting in Yasmine Hammamet, Tunisia on 4 May 2010, and then by the FATF at its plenary in Amsterdam on 25 June 2010, which introduced limited changes to it. © 2010 FATF/OECD. All rights reserved. No reproduction or translation of this publication may be made without prior written permission. Requests for permission to further disseminate, reproduce or translate all or part of this publication should be made to the FATF Secretariat, 2 rue André Pascal 75775 Paris Cedex 16, France (fax +33 1 44 30 61 37 or e-mail: [email protected]) Mutual Evaluation Report of the Kingdom of Saudi Arabia TABLE OF CONTENTS PREFACE INFORMATION AND METHODOLOGY USED FOR THE EVALUATION OF THE KINGDOM OF SAUDI ARABIA .................................................................................................................. 5 EXECUTIVE SUMMARY ............................................................................................................................
    [Show full text]
  • Economic Development Prospects for the Eastern Province
    Economic Development Prospects for the Eastern Province Economic Development Prospects for the Eastern Province www.chamber.org.sa Eastern Province in Brief 02 Section One: 04 Eastern Province’s Key Economic Development Section Two: 06 Industrial Activity in Eastern Province Contents Section Three: 15 Infrastructure Development in Eastern Province Section Four: 18 Tourism Activity in Eastern Province Section Five: 22 Population in Eastern Province Section Six: 24 Work Force in Eastern Province Section Seven: 26 Housing Units in Eastern Province Section Eight: 28 Hospital & Beds in Eastern Province Section Nine: 32 Agriculture & Livestock Resources in Eastern Province Section Ten: 38 Water Production in Eastern Province Conclusion and References 42-45 Eastern Province in Brief ASH SHARQIYAH Eastern Province The Eastern Province of Saudi Arabia is the place where Kingdom’s first oil was extracted in 1938 and subsequently this region has become the center of world-class oil, gas and petrochemical industries with the presence of global giants in these sectors. Today, the Eastern Province is dubbed “The Industrial Capital of the Entire Gulf” for its enormous industrial activities. And it is evident when this region has become the biggest recipient of industrial capital investments of the Kingdom. 22 Economic Development Prospects for the Eastern Province With the support from the recently launched “Saudi Vision 2030”, the Eastern Province has taken a key role in the Kingdom’s drive to diversify its income away from oil. Most of the manufacturing industries such as petrochemicals, chemicals, steel, cement, aluminum and plastics are located in the region. These industries are mainly based in the Dammam-I, II and III industrial estates, Al Ahsa-I and II industrial estates, Hafr Al-Batin industrial estate and Jubail-I and II industrial cities.
    [Show full text]
  • Arabian Sun 2 Company News JHAH Awarded ‘Gold’ Person-Centered Care Certification Johns Hopkins Aramco Healthcare Nabeel A
    January 13, 2021 Vol. LXXVI, No. 2 a weekly Aramco publication for employees More than just a pretty place Aramco’s new a natural wondersee pages 6 and 7 January 13, 2021 the arabian sun 2 company news JHAH Awarded ‘Gold’ Person-Centered Care Certification Johns Hopkins Aramco Healthcare Nabeel A. (JHAH) has been accredited as one of Al-Jama’, JHAH only four organizations in the Kingdom chairman of the with Gold certification. Person-Cen- Board and tered Care is an international standard senior vice As of today, JHAH is established by Planetree International president of HR and Corporate for quality in health care, where staff, Services, officially the gold patients, and families have their needs delivers and desires heard and addressed. celebratory standard for person- remarks to The Gold Award was celebrated at a attendees after centered care in Saudi being ceremony Jan. 3 in Dhahran. Nabeel A. introduced by Arabia. Together, you Al-Jama’, senior vice president of Hu- Dr. Amar Sattar, man Resources and Corporate Services co-chairman of have built a JHAH and JHAH chairman of the Board, and the Person- Dr. Susan Frampton, president of Plane- Centered Care culture that puts Council. tree International, joined the ceremony virtually to celebrate with JHAH leader- people and their needs ship, including Dr. Michael Walsh, chief right at the front and executive of JHAH; Salem Al-Shehry, and their families who’ve come with congratulations.” COO and Person-Centered Care advo- us on this journey. Together, you have center of everything cate; and JHAH employees. built a JHAH culture that puts people The Gold certification was achieved and their needs right at the front and after a weeklong validation visit by in- we do.
    [Show full text]
  • Saudi Arabia Peer Review Report
    Peer Review of Saudi Arabia Review Report 5 November 2015 Peer Review of Saudi Arabia Review Report Table of Contents Foreword .................................................................................................................................... 3 Abbreviations ............................................................................................................................. 4 Executive summary .................................................................................................................... 5 1. Introduction ..................................................................................................................... 12 2. Macroprudential policy framework ................................................................................ 12 3. Bank resolution ............................................................................................................... 25 4. Deposit insurance ............................................................................................................ 33 Annex 1: Structure of the financial system and recent developments ..................................... 40 Annex 2: Follow-up of other key FSAP recommendations ..................................................... 45 2 Foreword Financial Stability Board (FSB) member jurisdictions have committed, under the FSB Charter and in the FSB Framework for Strengthening Adherence to International Standards1, to undergo periodic peer reviews. To fulfil this responsibility, the FSB has established a regular
    [Show full text]
  • SN Date Regd. Company Detail Manpower
    SN Date Regd. company detail manpower Damakhin Establishment for Maintenance and Operation Synnet International Pvt. Ltd. 1 17-Jul-2019 076/77/1 Riyadh Kathmandu CR No 1010538264 Lic No: 206 Damakin Contracting Est. Synnet International Pvt. Ltd. 2 17-Jul-2019 076/77/2 riyadh Kathmandu CR No 1010375231 Lic No: 206 Taj Renad Contracting Est Synnet International Pvt. Ltd. 3 17-Jul-2019 076/77/3 Riyadh Kathmandu CR No 1010529103 Lic No: 206 Thatwe Golden Lion Restaurant SMP Overseas Pvt. Ltd. 4 17-Jul-2019 076/77/4 Riyadh Kathmandu CR No 1010499662 Lic No: 817 5 17-Jul-2019 076/77/5 Kathmandu CR No 1129004036 Lic No: Sun Shine World Est. White Pigeon Job Placement Pvt. Ltd. 6 17-Jul-2019 076/77/6 Dammam Kathmandu CR No 2063605975 Lic No: 1369 Al Amjad Company for Education and Training Osho Recruiting Agency Pvt. Ltd. 7 17-Jul-2019 076/77/7 Riyadh Kathmandu CR No 1010191787 Lic No: 795 Al Amjad Company for Education and Training Osho Recruiting Agency Pvt. Ltd. 8 17-Jul-2019 076/77/8 Riyadh Kathmandu CR No 1010191787 Lic No: 795 Remal Assawahel Contracting & Maintenance Co. Apple Overseas Pvt. Ltd. 9 17-Jul-2019 076/77/9 Riyadh Kathmandu CR No 1010042569 Lic No: 876 Muntaha Al Azhar Company for contractting Ishan Overseas Pvt. Ltd. 10 17-Jul-2019 076/77/10 Riyadh Kathmandu CR No 1010519298 Lic No: 532 Abhor Contracting Est. Al Harmain HR Pvt. Ltd. 11 17-Jul-2019 076/77/11 Riyadh Kathmandu CR No 4030328887 Lic No: 1160 Remal Assawahel Contracting & Maintenance Co.
    [Show full text]
  • Matching the Performance of Saudi Arabian Oil Fields with an Electrical Model
    Matching the Performance of Saudi Arabian Oil Fields With an Electrical Model W. L. WAHL L. D. MULLINS SOCONY MOBIL OIL CO., INC. R. H. BARHAM DALLAS, TEX. MEMBERS AIME W. R. BARTlETT ARABIAN AMERICAN OIL CO. MEMBER AIME DHAHRAN, SAUDI ARABIA ABSTRACT devices, output devices, central control and a resistance­ Downloaded from http://onepetro.org/JPT/article-pdf/14/11/1275/2214599/spe-414-pa.pdf by guest on 02 October 2021 capacitance (RC) network. At times, the RC network This paper describes an electrical model and its appli­ alone is referred to as the "model". However, it should be cation to the analysis of four reservoirs in Saudi Arabia. evident from the text which meaning is attached to the The model has 2,501 mesh points and represents 35,000 word "model". A discussion of the equipment follows. sq miles of the Arab-D member. Details of modeling such as mesh size, control problems and standards of perfor­ THE RESISTANCE·CAPACITANCE NETWORK mance in matching reservoir history are discussed. The The RC network consists of 2,501 capacitance decades particular performance match achieved for the Arab-D interconnected through 4,900 resistance decades. The com­ member is presented. Details such as permeability barriers, ponents are arranged to form a rectangular network of aquifer depletion and interference between oil fields are 2,501 mesh points in a 41- X 61-mesh array. Imposing given. The performance match realized in the Abqaiq the mesh grid system on the continuous reservoir system pool is presented in detail. divides the reservoir into discrete areal segments.
    [Show full text]
  • Energy to the World: the Story of Saudi Aramco Volume 2
    ENERGY TO THE WORLD: TO ENERGY ENERGY TO THE WORLD: THE STORY OF SAUDI ARAMCO OF SAUDI THE STORY THE STORY OF SAUDI ARAMCO VOLUME 2 VOLUME 2 VOLUME www.saudiaramco.com J ENERGY TO THE WORLD : VOLUME ONE TITLE K VOLUME TWO Energy to the World The Story of Saudi Aramco II ENERGY TO THE WORLD : VOLUME ONE VOLUME TWO Energy to the World The Story of Saudi Aramco Supertankers load crude oil at Ras Tanura Sea Island Terminal in 2003. Contents Copyright First Edition Volume One Volume Two © 2011 by Aramco Services Company Printed in 2011 Preface xi Illustration: Saudi Arabia viii ISBN All rights reserved. No part of this book Illustration: Saudi Arabia xiv 1 National Resources 1 978-1-882771-23-0 may be reproduced, stored in a retrieval system or transmitted in any form or 1 Prospects 1 2 Boom Time 27 Library of Congress by any means, electronic, mechanical, 2 Negotiations 33 3 Transformation 67 Control Number photocopying, recording or otherwise, 200922694 without the written permission of 3 Reading the Rocks 59 4 Rising to the Challenge 99 Aramco Services Company, except by 4 The War Years 93 5 Achieving the Vision 131 Written by a reviewer, who may quote a brief Scott McMurray passage for review. 5 Expansion 123 Appendix 168 6 Growing Pains 153 A. Upstream 170 Produced by The History Factory 7 Balancing Act 189 B. Downstream 184 Chantilly, Virginia, USA List of Abbreviations 215 C. Operations Data 194 Project Coordinators Notes on Sources 216 Company Leadership 204 Theodore J. Brockish, Kyle L.
    [Show full text]
  • An Alternative Pipeline Strategy in the Persian Gulf
    An Alternative Pipeline Strategy in the Persian Gulf M. Webster Ewell, Jr. Center for Naval Analysis Dagobert Brito Department of Economics, Rice University And John Noer Center for Naval Analysis This research was sponsored by the James A. Baker III Institute for Public Policy at Rice University, the Center for International Political Economy, and the Office of the Secretary of Defense. The research and views expressed in this paper are those of he individual researchers, and do not necessarily represent the views of the Baker Institute or other sponsors of the research. Executive Summary This paper examines the idea of increasing the capacity of the trans-Saudi pipeline system by using second-generation drag reduction agent (DRA) technology, so that in the event of a Strait of Hormuz (SoH) closure1, most of the oil2, which currently flows through the Strait could be rerouted through the Red Sea. We find that it should be technologically feasible to upgrade the pipeline system to a capacity of 11 MBD for a cost of $600 million. This capacity assumes the use of both the IPSA and Petroline pipelines; we also present several lower capacity, lower cost options. The upgrades will take at least 18 months to install, so they cannot be implemented in response to a crisis. DRA technology thus represents an opportunity to buy strategic insurance at bargain rates. The pipeline upgrade has several important strategic benefits. It can enhance the Saudi reputation as a stable, reliable oil producer, because it will allow Saudi oil to reach world markets even during a SoH crisis.
    [Show full text]
  • 1 Overview of Saudi–Iranian Relations 1
    Notes 1 Overview of Saudi–Iranian Relations 1. Saudi Arabia and Iran share at least three joint oilfields, each known by its Persian or Arabic name, respectively: Esfandiar/Al Louloua, Foroozan/Marjan, and Farzad/Hasbah. Arash/Al Dorrah is shared between Iran, Kuwait, and Saudi Arabia. The three states have yet to reach an agreement over the demarca- tion of the maritime boundary in the northern Persian Gulf that affects the field. Iran’s share of the Esfandiar and Foroozan fields has dropped to levels that make their further development uneconomic, in part due to Saudi ability to extract faster from the fields. Saudi Arabia and Iran signed an agreement to develop the Farzad/Hasbah A gas field in January 2012, and were scheduled to sign a second agreement to develop the Farzad B gas field and Arash/Al Dorrah oilfield, pend- ing the removal of international sanctions against Iran. In 2014, they contested their respective shares in the Arash/Al Dorrah. 2 . British administration in the Persian Gulf began in 1622, when the British fleet helped the Persian Safavid king, Shah Abbas, expel the Portuguese from Hormuz island. The period of the British Residency of the Persian Gulf as an official colonial subdivision extended from 1763 to 1971. 3 . Interview with Abdulaziz Sager, chairman of Gulf Research Center, Riyadh, November 30, 2011. 4 . Alinaqi Alikhani, yad dasht ha-yi asaddollah alam , jeld shesh, 1355–1356 [The Diaries of Alam], vol. 6, 1975–1976 (tehran: entesharat maziar va moin, 1377), pp. 324–325; 464. When the shah insists that the United States should under- stand that it cannot make Iran “a slave [puppet] government,” Alam informs him that the Americans have tried to make contact with different groups in Iranian society—alluding to dissidents.
    [Show full text]
  • A/HRC/45/CRP.7 29 September 2020
    1 0 A/HRC/45/CRP.7 29 September 2020 English Arabic and English only Human Rights Council Forty-fifth session 14 September–2 October 2020 Agenda item 2 Annual report of the United Nations High Commissioner for Human Rights and reports of the Office of the High Commissioner and the Secretary-General Situation of human rights in Yemen, including violations and abuses since September 2014 Detailed findings of the Group of Eminent International and Regional Experts on Yemen* Summary Submitted as a supplement to A/HRC/45/6, this paper sets out the detailed findings of the Group of Eminent International and Regional Experts on Yemen mandated to investigate violations by parties to the conflict since September 2014. During this year, the Group of Eminent Experts prioritised for investigation violations occurring since mid-2019, while taking a longer temporal scope for some categories of violations not fully addressed during our previous reports. The Group of Eminent Experts found reasonable grounds to believe that the parties to the conflict in Yemen are responsible for pervasive and incessant international human rights law and international humanitarian law violations, many of which may amount to war crimes. The summary of these findings is included in A/HRC/45/6. In addition to highlighting the parties to the conflict responsible for violations, the Group of Eminent Experts identified, where possible, potential perpetrators of crimes that may have been committed. A list of names of such individuals has been submitted to the United Nations High Commissioner for Human Rights on a strictly confidential basis to assist with future accountability efforts.
    [Show full text]
  • Eastern Province, KSA
    July 2018 | By: Ameer Yousif, Jaffer Al Hamad, Adel Al Banna Eastern Province, KSA Actionable Market Intelligence Report A report that is looking into the available economic opportunities in the Eastern Province of Saudi Arabia. With the objective to support the Bahraini private sector to expand and grow in the region, Tamkeen is developing a series of actionable market intelligence reports on various areas and sectors in the Saudi Market. Eastern Province – Actionable Market Intelligence | P a g e 1 TABLE OF CONTENTS 1. INTRODUCTION .................................................................................................................. 3 2. INFRASTRUCTURE ............................................................................................................ 4 TRAIN RAILWAYS ................................................................................................................... 4 AIRPORTS ............................................................................................................................... 5 SEAPORTS .............................................................................................................................. 6 ROADS NETWORK ................................................................................................................. 7 3. INDUSTRIAL CITIES ........................................................................................................... 8 DAMMAM INDUSTRIAL CITIES .............................................................................................
    [Show full text]