King Salman receives top honor for humanitarian efforts

Time: 02 January, 2020

King Salman has been honored by the Arab Red Crescent and Red Cross Organization (ARCO) for his humanitarian efforts. (SPA)
  • He was awarded the Abu Bakr Al-Siddiq Medal, which is the highest honor from ARCO
  • The king expressed his thanks to everyone from the ARCO delegation, welcoming the organization’s humanitarian work, and wished it success

RIYADH: King Salman has been honored by the Arab Red Crescent and Red Cross Organization (ARCO) for his humanitarian efforts, the Saudi Press Agency reported.
He was awarded the Abu Bakr Al-Siddiq Medal, which is the highest honor from ARCO and is granted to kings and heads of states in recognition of their work, especially in the Arab world.
The award came during the king’s reception on Wednesday of the secretary-general of ARCO, Dr. Saleh bin Hamad Al-Tuwaijri, and was in recognition of the monarch’s efforts to reduce human suffering and an acknowledgment of Saudi Arabia’s pioneering role in the humanitarian field.

The king expressed his thanks to everyone from the ARCO delegation, welcoming the organization’s humanitarian work, and wished it success.
Al-Tuwaijri thanked the Kingdom for providing humanitarian, relief and development assistance to those affected by disasters and crises, and for the king’s diplomatic efforts at regional and international levels.
He added that the Kingdom topped the list of donor countries and that it allocated a greater percentage of aid from its national income than other donor countries. Saudi aid exceeded $40 billion during the last 15 years and it had been distributed among 124 countries across all continents, he said in his speech.
The reception was attended by Saudi Foreign Minister Prince Faisal bin Farhan, State Minister Dr. Musaed bin Mohammed Al-Aiban, and Minister of Health and chairman of the board of directors at the Saudi Red Crescent Authority Dr. Tawfiq bin Fawzan Al-Rabiah.

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Comoros inaugurates Saudi-funded road network

27/12/19

  • The SFD has financed over seven projects in Comoros, home to around 820,000 citizens
  • The SFD is one of the largest contributors to sustainable development aid

DUBAI: A new road network, fully supported by the Saudi Fund For Development (SFD), has been inaugurated in Comoros Islands on Friday.

Azali Assoumani, President of the Union of the Comoros Islands, joined government officials and the Saudi Arabian Ambassador to the Comoros to inaugurate the new road network that will provide faster and more efficient movement of people and goods, as well as better access to markets in urban centers.

The new roads include a 23-kilometer Airport-Qalawa stretch on Grande Comore Island, as well as the 12-kilometer Dundee-Langoni road in Anjouan Island.

The SFD has financed over seven projects in Comoros, home to around 820,000 citizens, valued in total at more than $80 million. The projects have supported different sectors in the island country, including transportation, health, education and potable water sectors.

Comoros’ Assoumani praised the Kingdom’s contributions and support of the country’s development plans at the inauguration.

Ibrahim Al-Turki, an advisor to SFD said: “The SFD and the Government of Comoros have a long history of working together. Our efforts aim to improve the quality of life for the people of the Comoros, and to ensure the development of small and medium enterprises (SMEs)’s through facilitating their access to new markets.”

The SFD is one of the largest contributors to sustainable development aid, promoting stability and prosperity since 1975. The SFD has financially contributed to more than 1000 international development projects through loan and grant mechanisms.

This article was first published in Arab News

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The Saudi Fund for Development (SFD)

Time: December 27, 2019

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The Saudi Fund for Development (SFD)
Headquarters

Riyadh, Saudi Arabia

Key people
Ahmad Agil Al-Khateeb (Chairman)

The Saudi Fund for Development (SFD) is a Saudi Arabian government agency that was established in 1974.[1] SFD’s activities varied from development, finance, trade and funding.[2] The fund was established to finance developing countries. The initial capital of the fund upon its establishment was SR 10 billion.[1] Since its establishment, SFD has contributed to financing 750 projects in 71 countries.[2] The Chairman of the SFD is Ahmad Agil F Al-Khateeb.[3]

Objectives[edit]

The main objectives of SFD are:

  • Financing the development projects established in developing countries.
  • Financing non-crude oil exports.
  • Providing development countries with loans, technical aids and institutional support.[4]

References[edit]

  1. Jump up to:a b “Saudi Fund for Development (SFD) | Devex”www.devex.com. Retrieved 2019-07-30.
  2. Jump up to:a b “Saudi Fund for Development | arab.org”. Retrieved 2019-07-30.
  3. ^ “Saudi Arabia to Give $16 million in Grants to Pakistan for Health, Education Sectors”RS-NEWS. 2018-09-28. Retrieved 2019-07-30.
  4. ^ “The Saudi Fund For Development”Eyeofriyadh.com. Retrieved 2019-07-30.

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Saudi Fund for Development finances 240 projects in 42 countries

01/12/19

  • SFD increased its contribution to the Kingdom’s Vision 2030 by supporting local content

RIYADH: The Saudi Fund for Development (SFD) became a major pillar of the national economy during the past five years by supporting Saudi exports and financing the private sector with SR29.7 billion ($7.92 billion) in funding, says a report issued by the SFD.

In accordance with its strategy, SFD increased its contribution to the Kingdom’s Vision 2030 by supporting local content when implementing its projects, and hiring Saudi consultants and contractors at a total cost of SR5.12 billion.

In light of the Kingdom’s contribution to the achievement of economic and financial objectives in developing countries, SFD provided grants and loans amounting to more than SR44 billion to finance 240 projects in 42 countries, the report said

The SFD’s main objectives are to participate in financing uplift projects in developing countries by granting them necessary loans, technical aids required for financing studies and institutional support.

Since the launch of the fund in the 1970s, it has financed programs in different economic sectors including transportation, agriculture and energy.

This article was first published in Arab News

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The Saudi Fund for Development (SFD)

09/11/19

The Saudi Fund for Development (SFD)
Headquarters Riyadh, Saudi Arabia
Key people

Ahmad Agil Al-Khateeb (Chairman)
The Saudi Fund for Development (SFD) is a Saudi Arabian government agency that was established in 1974. SFD’s activities varied from development, finance, trade and funding.The fund was established to finance developing countries. The initial capital of the fund upon its establishment was SR 10 billion. Since its establishment, SFD has contributed to financing 750 projects in 71 countries.The Chairman of the SFD is Ahmad Agil F Al-Khateeb.

Objectives
The main objectives of SFD are:

Financing the development projects established in developing countries.
Financing non-crude oil exports.
Providing development countries with loans, technical aids and institutional support

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Saudi Arabia provides $18bn in refugee aid

02/11/19

Faisal bin Fahd bin Jadeed. (KSA Mission UN/Twitter)

  • Saudi Arabia has given more than 50,000 people Saudi nationality enabling them to move, work, enjoy education and health care free of charge

RIYADH: Saudi Arabia confirmed that it has provided nearly $18 billion worth of humanitarian assistance to alleviate the suffering of refugees.
In a speech during a debate on the UN High Commissioner for Refugees affairs report, third secretary Faisal bin Fahd bin Jadeed said political, economic and social changes have forced vast numbers of people to move to the Kingdom.
He said the Kingdom has given more than 50,000 people Saudi nationality enabling them to move, work, enjoy education and health care free of charge.
Saudi Arabia grants its nationality to any child whose parents are unknown, he said, adding that the Kingdom is among the world’s biggest donors, citing that it has provided more than $160 million for Syrian refugees.

This article was first published in Arab News

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UN relief coordinator thanks Saudi Arabia for supporting humanitarian efforts in Yemen

Time: October 17, 2019  

Workers prepare to unload a fuel shipment from an oil tanker at the port of Hodeidah, Yemen

RIYADH: The Under Secretary General for Humanitarian Affairs and Emergency Relief Coordinator Mark Lowcock thanked Saudi Arabia for supporting UN efforts to address the humanitarian situation in Yemen on Thursday.

UN Special Envoy for Yemen Martin Griffiths also spoke at the UN Security Council meeting and  thanked Saudi Crown Prince Mohammed bin Salman for his efforts in supporting the Yemen peace talks

Griffiths added that the UN team’s efforts in Hodeidah has also helped reduce violence.

Meanwhile, Kuwait’s permanent representative at the UN ambassador Mansour Al-Otaibi said that his country was ready to host a new round of negotiations between Yemeni sides.

Kuwait previously hosted talks on Yemen in 2016 but they broke down after the Houthis rejected a UN proposal aimed at ending the war in the country.

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Sudan has received half of $3bn aid promised by Saudi Arabia and UAE

Time: October 08, 2019  

Sudan’s protest leader Ahmad Rabie flashes the victory gesture alongside Gen.Abdel Fattah Al-Burhan, the chief of Sudan’s ruling Transitional Military Council during a ceremony where they signed a “constitutional declaration” in August. (AFP)
  • Finance Minister Ibrahim Elbadawi said Saudi Arabia and the UAE had deposited $500 million in the Sudanese central bank
  • He was speaking on the sidelines of an event in Abu Dhabi

ABU DHABI: Sudan has received half of $3 billion in aid promised by Saudi Arabia and the UAE in April and expects the remainder to be paid by the end of next year, Sudan’s finance minister said late on Monday.
The Gulf countries agreed the aid package soon after former president Omar Al-Bashir was ousted, throwing a lifeline to Sudan’s new military leaders at the time.
Finance Minister Ibrahim Elbadawi said Saudi Arabia and the UAE had deposited $500 million in the Sudanese central bank, while $1 billion worth of petroleum products, wheat and agricultural production inputs had been received.
Long lines for bread and fuel are a recurring feature of Sudan’s economic crisis.
“I met with the ambassadors of the kingdom and of the UAE, and we agreed on a programmed schedule that will God willing take us to the end of 2020, to finish off the rest of the grant,” Elbadawi said.
He was speaking on the sidelines of an event in Abu Dhabi, where Prime Minister Abdalla Hamdok is visiting after traveling to Riyadh earlier in the week.
Sudan’s new prime minister was accompanied on his visit to the Gulf by General Abdel Fattah Al-Burhan, head of the transitional sovereign council, and other senior officials.
Last month, Elbadawi announced a nine-month economic rescue plan aimed at curbing rampant inflation while ensuring supplies of basic goods, which would keep bread and petrol subsidies in place until at least June 2020.

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Saudi Arabia donates $3 million to UN cultural tolerance initiative

29/09/19

  • Saudi UN representative said some of the recent terror attacks were caused by hate speech
  • The Kingdom created a center to promote intercultural and religious understanding
  • NEW YORK: Saudi Arabia has pledged $3 million in support of the UN Alliance of Civilizations’s (UNAOC) plan of action, activities and programs over the next three years, the Saudi Press Agency reported on Saturday. UNAOC seeks to improve understanding and cooperation among nations and peoples across cultures and religions, in addition to countering polarization and extremism.
    The donation was announced during a speech by the Kingdom’s permanent representative to the UN, Abdallah Al-Mouallimi, in a meeting for the UNAOC initiative on the sidelines of the 74th session of the UN General Assembly in New York.
    In his speech, Al-Mouallimi said: “The world today is witnessing many conflicts, some of which are a result of the upsurge in hate speech and the growing violent ideologies in many countries around the world. This has led to the terrorist attacks against holy places and houses of worship as well as the murder of innocent people.”
    He stressed that the matter requires the international community to take a serious stance and face this phenomenon.
    Al-Mouallimi added: “We must believe that religious and cultural diversity in human societies does not justify the clash. It requires the establishment of a civilized partnership and building bridges of communication and dialogue.”

The initiative of UNAOC was a positive step toward promoting noble values, building bridges of love and peace, addressing all that violates holy places and providing security for houses of worship.

Abdallah Al-Moualimi, Saudi Arabia’s permanent representative to the UN

He highlighted that the Kingdom is one of the first countries to call for religious dialogue and the promotion of a culture of tolerance. “For this reason, it has established the King Abdullah bin Abdul Aziz International Center for Interreligious and Intercultural Dialogue and cooperated with the activities of the United Nations and UNAOC,” he said.
“The other factor that leads to conflict is occupation. The continuance of occupation, denying people their rights, marginalization, and oppression help spread extremist ideologies and hate speech.
“Palestine is a vivid example of that. Israel’s continued violations of international resolutions and its undermining of all opportunities for peace, in addition to the continued siege on the Palestinian people, the seizure of their lands and the destruction of their properties were the main cause threatening international stability, peace and security,” he said.
The Kingdom’s permanent representative to the UN conveyed his country’s appreciation for the determined and concrete efforts of UNAOC to foster a culture of peace, combat hate speech and face the spread of extremist ideologies, which violate holy places and kill innocent people.

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OIC praises Saudi Arabia’s $50m donation to UNRWA

28/09/19

Saudi Foreign Minister Ibrahim Al-Assaf announced the donation to UNRWA on Thursday
OIC Secretary-General Yousef bin Ahmed Al-Othaimeen also praised donations made by other member states of the organization
RIYADH: The Organization of Islamic Cooperation (OIC) praised Saudi Arabia’s donation worth $50 million to the UN’s relief agency for Palestinian refugees UNRWA on Saturday.
OIC Secretary-General Yousef bin Ahmed Al-Othaimeen also praised donations made by other member states of the organization.
Saudi Foreign Minister Ibrahim Al-Assaf announced the donation to the core program budget of the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) for 2019 on Thursday during a meeting with UNRWA Commissioner-General Pierre Krahenbuhl on the margins of the UN General Assembly in New York.
“The renewed and generous donation by the Kingdom of Saudi Arabia is of great significance to our Agency… We are very grateful for the dynamic partnership and cooperation with the Kingdom”, said Mr.Krahenbuhl.
UNRWA is a UN agency and provides assistance and protection to some 5.4 million Palestine refugees in Jordan, Lebanon, Syria, West Bank, including East Jerusalem and Gaza.

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