Saudi Arabia gives $31 billion aid to 78 countries, Yemen tops list

Arab News
June 22, 2018

Jeddah, Jun 22: Since the foundation of Saudi Arabia, its wealth has not been limited to its citizens but has been spread throughout most of the world.

It has provided humanitarian aid, charitable grants and soft loans to countries regardless of color or race. The Kingdom has always been one of world’s top providers of aid.

To highlight the Kingdom’s effort internationally and to preserve its right to give in the same way as the major donor countries, King Salman issued a royal decree, under the guidance of the King Salman Humanitarian Aid and Relief Centre (KSRelief), to establish a database of Saudi aid, including the Kingdom’s humanitarian assistance in coordination with the relevant authorities.

The center worked on the design and prepared the platform for the registration of humanitarian, development and philanthropic projects and contributions based on international standards in the registration and documentation of the Development Assistance Committee of the Organization for Economic Cooperation and Development (DAC-OECD), and the UN's Financial Tracking Service (UNFTS) and the International Aid Transparency Initiative (IATI).

Saudi aid is in cash and in-kind  assistance, provided in humanitarian and charitable grants and soft loans to promote development. The aid data also includes payments and subsequent financial commitments.

Saudi donors have been trained to provide and classify the aid in three phases: The first 10 years (2007-2017) — the current phase — the second phase (1996-2006) and the third phase, which includes the rest of the assistance provided since the establishment of the Kingdom.

The Kingdom has a long history in a variety of sectors and fields, where it is called the Kingdom of Humanity and its name is associated with issues that call for peace and giving.

The Kingdom’s humanitarian tenders in accordance with the official Saudi Aid Platform in its current phase (2007-2017) has reached a total of $32.83 billion.

The number of the Kingdom’s humanitarian, development and philanthropic projects reached 1,084, with a total of $31.90 billion for 78 benefiting countries.

The financial contributions to international organizations and entities included (489) contributions totaling $929,711,258 to 37 beneficiaries. Development aid amounted to $493.88 billion and humanitarian aid to $353.440 billion, while philanthropic aid reached $82.381 billion.

The top five recipient countries of aid from Saudi Arabia are: Yemen, with a total of $14 billion for 290 projects, followed by Syria with a total of $3 billion/153 projects, Egypt was ranked third with a total of $2 billion/20 projects, while Niger was ranked fourth with a total of $1.230 billion/7 projects and Mauritania was ranked fifth with 14 projects and a total of $1.219 million.

The top five beneficiaries of the Kingdom were the UN with 45 contributions totaling $303.37 million, the General Secretariat of the Cooperation Council for the Arab States of the Gulf with 23 contributions totaling $225.849 million, the League of Arab States with 28 contributions totaling $140.810 million, the UN Development Program with 24 contributions totaling $80.200 million and the Organization of Islamic Cooperation with 21 contributions totaling $48.395 million.

The official public statistics of Saudi humanitarian, development and philanthropic projects to serve the continents and regions worldwide have reached more than $21.165 billion in Asia, $9.810 billion in Africa, $379 million in Europe, $376 million in North America and $170 million in Europe and Central Asia.

The number of partners was 192, the number of sectors was 20 and Saudi donors amounted to 10 entities, where the value of development aid amounted to $21 billion, humanitarian aid was $21 billion, while philanthropic donations amounted to $39 billion.

The top 10 projects have reached the highest level by sector, including humanitarian aid relief aid in emergency cases by 69 percent for 716 projects, transportation with 73 projects, religious and social philanthropic activities with 62 projects, education with 60 projects, health with 42 projects, water and public health with 29 projects, power generation and supply with 20 projects in addition to other projects.

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Agencies
March 1,2020

Washington, Mar 1: Beginning April 1, Indians wishing to immigrate to America will now have to pay an additional $50,000 for the EB-5 or the US investor visa, a media report said.

Although, this additional tax would impact all visa categories, it will predominantly create a barrier for people investing in the EB-5 visa programme, the American Bazaar daily said in the report on Friday.

In 2019, the EB-5 investor visa programme, for the first time since the 1990's, increased the minimum investment amount to $900,000.

With this increase in minimum investment, the new 5 per cent additional tax would mean that applicants would have to pay the extra $50,000, when they move money to an escrow account in the US to fulfil their application criterion.

"The changes to the tax on remittances is a reminder to Indians to carefully plan their tax position before making the move to the US," the American Bazaar quoted Mark Davies, Global Chairman, Davies & Associates LLC, as saying.

"People seeking to emigrate who do not wish to pay this tax at source and rather account for it later may wish to move their money ahead of the new rules coming into effect.

"It is possible to pre-emptively move money into an escrow account in the US until such a time as they are ready to proceed with emigration process," he added.

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News Network
May 19,2020

Dubai, May 19: In a heart-warming decision to reunite families that have been split by anti-Covid travel restrictions, the UAE has announced that residents with valid visas stranded outside the country can return from June 1.

The Ministry of Foreign Affairs and International Cooperation and the Federal Authority for Identity and Citizenship said they will begin the process on Monday, June 1, by allowing the return of those residency holders currently stranded outside the country who have relatives in the UAE. Residents who meet this criteria must apply for a Resident Entry Permit on smartservices.ica.gov.ae.

The ministry and the authority said the decision was taken to reunite families that have been affected by the anti-coronavirus measures taken due to the exceptional circumstances.

"The UAE is keen to facilitate the procedures for holders of UAE residency visas who are stuck outside the country and reunite them with their families who were affected by the precautionary measures taken by the country in light of the current exceptional circumstances to combat Covid-19," the federal authorities were quoted by state news agency Wam.

Hundreds of UAE residents are currently stuck abroad and are separated from their families due to the unexpected freeze on air travel imposed by many countries as precautionary measures to curb the spread of coronavirus.

The #BringBackUAEresidents hashtag was trending on Twitter on Monday as several residents and families requested the government to expedite their return to the UAE.

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News Network
January 13,2020

New Delhi, Jan 13: The Jawaharlal Nehru University Students' Union (JNUSU) has alleged that the varsity administration has blocked the registration of 300 students on the basis of 'fake Proctor inquiries'.

The union had on Saturday asked students of the university to pay their academic tuition fee but not the hiked hostel fee.

"Today the Vice Chancellor first blocked the fee payment portal and then blocked the payment of tuition fees. It is clear that the VC was lying through the teeth when he said students want to register but are not being allowed to by protesters," JNUSU president Aishe Ghosh said.

She said the VC has also blocked the registration of 300 students based on fake proctor enquiries which are not even completed.

"The truth is that it is the administration which does not want students to register and is blocking their registration," she said.

JNUSU vice president Saket Moon said that in the meetings held in HRD ministry, it was decided that the administration would take a lenient view on the students' protest and not take action against them.

He said many students, who opened the portal for registration found they had been academically suspended and could not register.

He said the JNUSU had softened its stand by saying that they would register by paying the old fees but that has been kept on hold.

On Sunday, the administration extended the date for the winter semester registration till January 15.

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