Saudi Arabia reaffirms support for Palestinian refugees

November 11, 2016

United Nations, Nov 11: Saudi Arabia has reaffirmed its continued support for the Palestinian refugees and UNRWA, the UN body that looks after their welfare.

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The Kingdom's reassurance came during a speech delivered by its permanent representative at the United Nations, Abdullah Al-Muallimi, at an UNRWA committee meeting

“The Kingdom is honored to stand by the side of the Palestinian people stemming from its religious and humanitarian duty until the Palestinians achieve their legitimate right to live in freedom, dignity and have access to all their legitimate and inalienable rights. In this domain, the Kingdom highly appreciates the fundamental role of the UNRWA’s humanitarian care for more than 5 million Palestinians,” Al-Muallimi said.

He said Saudi Arabia continued to top the list of major donors to UNRWA, alongside the United States, the European Union and the United Kingdom. This year, the Kingdom has contributed some $100 million.

The Kingdom has been an active member of the UNRWA Advisory Commission since 2005 and provides advice and assistance to the commissioner general in the scope of implementation of his mandate.

He said the Kingdom made a donation of $59 million through the Saudi Development Fund to UNRWA for the education, health and housing projects to be implemented in Gaza, the West Bank and Jordan.

The donation was made through three agreements signed in London on Feb. 4. The first agreement worth more than $40 million will go to support the ongoing projects in Gaza, including more than 600 houses for Palestinians who had their homes destroyed during the Israeli assault on Gaza, along with maintenance of three schools. The second agreement worth $8 million will go to finance the maintenance of nine UNRWA schools and 10 health centers in Jordan. While the third agreement worth more than $7 million will provide funding for rebuilding, equipping and furnishing of three health centers in the West Bank, said the ambassador.

Al-Muallimi said Saudi Arabia has donated $10 million through the Saudi Development Fund to build a larger base and supply depot in Rafah. This will serve as the main UNRWA warehouse for storing basic food and non-food items, and also to support the distribution operations through 12 distribution centers throughout the Gaza Strip, he added.

“This project is part of a comprehensive project signed between UNRWA and the Saudi Development Fund in May 2015 to rebuild and renovate residential units and supply warehouses, and to support the health and education sectors in the Gaza Strip with a total value estimated at $62 million. Construction of the supply depot is expected to be completed in 2017 and will be operational with a crew of about 200 people, including UNRWA staff members and persons who will work on job-creation issues.”

Saudi Arabia also contributed approximately $2 million to build a health center in Aqabat Jaber Camp located in the Jordan Valley to meet the necessary health needs of Palestinian refugees in the camp within a safe environment. This center was opened on Oct. 28, and will benefit more than 14,000 camp residents, said the ambassador.

He said: “We stress our full support for UNRWA’s humanitarian goals and to continue its work to alleviate the tragedy of the Palestinian people and reduce their suffering until the return of the displaced to their home country, and give them the necessary compensations for the extensive damage they suffered during the past decades in accordance with Resolution 194 of the General Assembly.”

“We therefore support the efforts to address the root causes of this crisis and stop the forced and chronic displacement of the refugees through ending the Israeli occupation of Palestinian territory and the rest of the Arab lands, and that Israel withdraws to the 1967 borders, and makes progress toward implementing the two-state solution,” Al-Muallimi added.

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naren kotian
 - 
Friday, 11 Nov 2016

we support israel , long live israel ... temple mount jindabad ... hahaha....

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News Network
May 5,2020

Abu Dhabi, May 5: The overall real GDP (gross domestic product) of the United Arab Emirates is estimated to have grown by 1.7 percent in 2019, the country’s central bank said in a statement on Monday carried by WAM.

"The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 percent in 2019. However, non-oil activities advanced at a softer pace growing by 1.0 percent. As a result, overall real GDP is estimated by FCSA (Federal Competitiveness and Statistics Authority) to have grown by 1.7 percent in 2019," said the financial regulator in its Annual Report 2019.

"The spread of COVID-19 is expected to impact trade and supply chain movements, coupled with travel restrictions which paves way for high volatility in capital markets and commodity prices. While the outbreak is expected to negatively affect the global and domestic economies, it is still early to gauge the scale of the economic fallout," the report added.

The report noted that the higher hydrocarbon output, as well as growth in non-hydrocarbon economic activity, supported the pace of the country's overall economic growth in 2019.

"Meanwhile, the fading effect of VAT, the appreciating Dirham, lower energy prices and decline in rents pushed inflation in negative territory. However, the employment rate registered a steady rebound. Looking ahead, the economic outlook for 2020 remains uncertain owing to the COVID-19 outbreak," the report elaborated.

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Agencies
May 14,2020

Dubai, May 14: As many as 242 beggars of different nationalities have been nabbed by the Dubai Police since the beginning of the holy month of Ramadan.

Among those arrested, 143 were men, 21 were women and 78 were hawkers, said the police. "An anti-begging campaign was launched, especially to find beggar hotspots, to combat the negative phenomenon," said Colonel Ali Salem Al Shamsi, director of the anti-infiltrators department at the Dubai Police.

"Strict warnings have been issued to beggars to refrain from exploiting the sentiments of people during Ramadan," he added.

Col Al Shamsi also called on the public to stop helping them with money. "The public must direct those in dire straits through proper channels in order to get support from charitable institutions."

Col Al Shamsi also urged residents to report begging activities by calling 901 or through the Dubai Police app's 'Police Eye' feature.

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Agencies
July 28,2020

Dubai, Jul 28: Abu Dhabi Commercial Bank (ADCB) (ADCB.AD) is letting go hundreds of employees, sources said, the latest in a round of lay-offs by regional banks as pressure mounts to cut costs amid lower oil prices and the coronavirus crisis.

The UAE’s third-biggest lender is laying off 400 employees, two sources familiar with the matter said, after it had committed to not cutting staff because of the crisis.

In a statement, a spokesman said ADCB had pursued efficiency over the last decade by managing out its lowest underachievers after regular reviews, while ensuring talent was deployed in high-growth areas, such as digital banking.

“A certain number of redundancies are therefore expected every year in the normal course of business,” the bank spokesman added.

The sources said the cuts would involve ADCB’s consumer business and several in top management were among those being let go. One source said the bank was looking to close 20 branches.

In March, ADCB had declared, “No employee will be made redundant during 2020 as a result of the COVID-19 pandemic.”

UAE banks have been hit by government measures to rein in the spread of the virus, forcing many businesses to shut temporarily.

Last week, Dubai’s largest bank, Emirates NBD, reported a slump of 58% in profits. In June, sources told Reuters the bank started a new round of hundreds of lay-offs.

In May, ADCB reported a fall of 84% in first-quarter net profit as it took impairments of $292 million on debt exposure to troubled hospital operator NMC Health and payments group Finablr.

It was a major lender, with an exposure of about $981 million, to NMC Health, which went into administration this year after months of turmoil following questions over financial reporting.

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