In a medium sauce pan, bring the water or stock and salt to a boil and stir in the rice.
Cover and simmer on minimum heat for 15 – 18 minutes or until the liquid is all but disappeared.
Remove from heat but do not take off the cover.
Let stand, covered for 5 minutes, before fluffing the rice with a fork.
Meanwhile, in a wok or large sauté pan, heat the olive oil over medium heat.
Add the onions, garlic and red pepper and sauté until the onions soften but do not brown.
Add the pepper, salt, turmeric, paprika, cumin and chili powder and sauté, with the onions and peppers, for a minute before adding the cooked rice to the pan.
Stir fry, on high, for just a few minutes until the rice is thoroughly heated and coated with the spices; serve immediately.
Garnish with chopped chives or green onion, optional.