Published: Thu, August 09, 2018
World Media | By Shelia Harmon

Blame Canada: Six ways Saudi Arabia is hitting back

Blame Canada: Six ways Saudi Arabia is hitting back

According to a report by state-owned media outlet Al Arabiya, "training, scholarships and fellowships" for Saudi students in Canada are being shelved.

Saudi Arabia is one of the world's top executioners, though what it calls "crucifixions" - in which the condemned is usually beheaded and then the body put on display, arms outstretched as if crucified - are rare.

It's also stopped medical treatment programs in which Saudi patients are sent to hospitals in Canada.

Earlier this week, Saudi Arabia froze new trade and investment with Canada and gave the Canadian ambassador 24 hours to leave the kingdom.

Canada's share of Saudi Arabia's FX reserves would likely not be enough by itself to hurt the loonie, said Mark McCormick, North American Head of FX Strategy at TD Securities.

"Any further step from the Canadian side in that direction will be considered as acknowledgment of our right to interfere in the Canadian domestic affairs", it said.

The Financial Times reported Wednesday that Saudi officials have ordered the country's asset managers to sell off their Canadian assets "no matter the cost" - a clear sign the kingdom is willing to accept losses on the sales.

The school is working to help those who many have questions about their studies, and is urging those affected by the political standoff to contact an advisor at isa@students.ubc.ca or 604-822-5021.

But the United Kingdom and U.S., two countries that maintain close ties with both Ottawa and Riyadh, have remained relatively silent.

Spokesman of the Egyptian Foreign Ministry Ambassador Ahmed Abu Zeid said in a press statement that his country stands firm in support of the stability and sovereignty of Arab countries, stressing the necessity of complying with the worldwide norms and conventions governing relations between countries and respecting their sovereignty.

The clash between the two countries began last Thursday when the Canadian government posted a tweet expressing concern over Riyadh's arrest of two women's rights activists.

Adel al-Jubeir said there's nothing to mediate in the spat, and said Saudi Arabia is considering additional measures against Canada.

Salman did grant women the right to drive, but they remain legally in the care of men.

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