Saudi Arabia-Canada spat hits 16,000 students as the Kingdom suspends scholarships

Saudi Arabia-Canada spat hits 16,000 students as the Kingdom suspends scholarships

Saudi Arabia-Canada spat hits 16,000 students as the Kingdom suspends scholarships

Saudi Arabia has said it executed and crucified a man from Myanmar convicted of killing a woman and carrying out other crimes.

Still, Rai said the impact on the currency should be "ephemeral" as bilateral trade between Saudi Arabia and Canada is small.

All Saudi Arabian students now studying in Canada will be transferred to other countries.

Diplomatic channels and trade negotiations were suspended last week, and some flights from Saudi Arabia to Canada halted.

Saudi Arabia's Foreign Ministry called the statement "a major, unacceptable affront to the kingdom's laws and judicial process".

"We will continue, we will do so in a constructive and polite way but we will also remain firm on standing up for human rights everywhere around the world", he said.

In the days following the kingdom has continued to announce measures against Canada, including urgent plans to remove tens of thousands of Saudi students and an unspecified number of medical patients from Canada.

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"Canada made a mistake and they know what they need to do to correct it", Mr Jubeir said.

The Saudi central bank and state pension funds have sent instructions to overseas asset managers to dispose of Canadian equities, bond, and cash holdings at any cost, the newspaper said, citing unnamed sources. The selling began on Tuesday, it said.

His comments come amid an ongoing diplomatic and economic dispute with the Middle Eastern nation, including the Saudi foreign minister saying earlier Wednesday that Canada needs to take back its critique of the country's arrest of human rights activists.

But the row threatens to slow Riyadh's foreign investment drive, a campaign already unsettled by a series of assertive foreign policy initiatives by the top oil exporter.

Saudi Arabia's main state wheat buying agency, the Saudi Grains Organization, has also told grains exporters it will no longer accept Canadian-origin grains in its global purchase tenders, according to European traders.

Meanwhile, the United States - one of Canada's closest allies - has so far refused to wade into the row.

Canada's Prime Minister Justin Trudeau is expected to hold a news conference in Montreal.

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