Saudi aid independent of ‘political, racial and religious differences’

Arab News
June 1, 2019

Makkah, Jun 1: “Saudi Arabia has proven its objectivity as it does not link humanitarian aid to political stances of states, race, nor religion,” Dr. Abdullah Al-Rabeeah, general supervisor of the King Salman Humanitarian Aid and Relief Center (KSRelief), said at a press conference in Makkah.

Al-Rabeeah added that hosting the Gulf and Islamic summits in Makkah is part of the Kingdom’s mission toward the Islamic world, noting that Saudi Arabia in two decades has already spent $87 billion in humanitarian aid to 81 countries. He emphasized the compatibility of this aid with international law and the norms of international organizations. These humanitarian programs included health, education, rehabilitation of child soldiers and refugee aid.

He praised the sponsorship and guidance of King Salman and Crown Prince Mohammed bin Salman for the humanitarian aid programs of KSRelief. He said that there had been more than 1,011 humanitarian aid programs worth $3.5 billion to 44 countries since 2014, the primary beneficiaries being Yemen, Palestine, Syria, Somalia, Pakistan, Indonesia and Iraq.

Special care is given to empowering women and 225 projects worth $390 million were dedicated to this, benefitting 62 million women, Al-Rabeeah said, in addition to 234 projects that helped 114 million children who benefitted from educational, nutritional, health, protection and environment programs.

Al-Rabeeah stressed the good treatment of refugees in the Kingdom who are considered guests of honor by the Saudi authorities and people. These refugees include 561,000 Yemenis, 262,000 Syrians, 249,000 Rohingyas and hundreds of thousands more from other countries who benefit from the Kingdom’s help to support the economies of their countries.

He said that Yemen is the primary beneficiary of Saudi humanitarian programs, without discrimination between government or Iran-backed Houthi-controlled territories. He added that 345 projects worth $12 billion were launched in that country over the past four years, especially in humanitarian programs and economic development aid, including support to the Yemen Central Bank.

Al-Rabeeah stressed the importance of the Kingdom’s role, especially when the cholera epidemic broke out in Yemen last year. He added: “Crown Prince Mohammed bin Salman supervised the humanitarian initiative organized by KSRelief and other Saudi institutions in coordination with the Yemeni Ministry of Health, the World Health Organization and UNICEF to control the epidemic.”

In addition, 150 programs worth $500 million were dedicated to rehabilitating 20,000 child soldiers who were recruited by militias — including psychological, educational, community and family rehabilitation programs — and that nearly 2,000 had been fully rehabilitated.

He declared the launch of a new humanitarian aid program called “Masam” to deactivate and remove 1.1 million mines planted by the militias in Yemen, considered the biggest project since World War II, and said that 71,000 mines had already been removed and deactivated. 

Al-Rabeeah noted that 78 projects worth $352 million were launched in Palestine in coordination with UN agencies, in addition to 191 projects dedicated to displaced children in Syria, including educational, health care and hospitals, and 37 projects worth $175 million in Somalia.

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News Network
May 13,2020

Riyadh, May 13: Saudi Arabia’s cabinet on Tuesday urged oil-producing nations not only to adhere to agreed cuts to production, but further reduce output to help restore balance in global oil markets, state news agency SPA reported.

In issuing the call to OPEC+, which includes members of the Organization of the Petroleum Exporting Countries plus Russia and other nations, ministers said the Kingdom is committed to supporting the stability of global oil markets.

After the meeting, acting Minister of Media Majed Al-Qasabi said that in addition to its commitment to the OPEC+ agreement, the Kingdom will voluntarily reduce output by an additional 1 million barrels a day in June. It will also try to implement additional cuts this month, with the consent of its customers, he added.

The cabinet said the Saudi initiatives aim to encourage other countries, whether they have signed up to the OPEC+ agreement or not, to adhere to its reduced rates and to cut output even further to help stabilize global oil markets.

During the cabinet meeting, which was conducted using video conferencing, King Salman also briefed ministers on his recent telephone conversation with US President Donald Trump. He said they affirmed the historical and strategic relationship between the two countries and their commitment to the continuation of joint efforts to enhance security and stability in the region.

Ministers were then updated on the latest developments in the corona virus crisis, including the steps being taken locally and internationally to control it and safeguard public health, the number of cases in the Kingdom and the care being provided to those who are infected. They also reviewed details of the active screening and testing programs in all parts of the country, which have helped to keep the number of deaths relatively low compared to global rates.

The cabinet praised the efforts being made by government officials to combat the pandemic, and stressed that citizens and expatriates must abide by the precautionary and preventive measures introduced to prevent the spread of the virus.

Ministers described the decision by Saudi Arabia to host the Pledging Event for the Humanitarian Crisis in Yemen 2020 on June 2 as an extension of the Kingdom’s humanitarian and development contribution, which reflects its pioneering role in supporting its neighbor.

The cabinet also welcomed the formation of the new government in Iraq and reiterated Saudi Arabia’s support for the nation and its readiness to work with the new administration to strengthen relations and enhance security and stability in the region.

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News Network
March 18,2020

Dubai, Mar 18: Emirates, one of the world's biggest international airlines, has asked pilots to take unpaid leave to help it mitigate the impact of the coronavirus pandemic that has shattered demand for global travel.

"To this end you are strongly encouraged to make use of this opportunity to volunteer for additional paid and unpaid leave," the airline said in an internal email to pilots, seen by Reuters.

Emirates earlier this month asked some staff to take unpaid leave, although at that time it was not available to pilots.

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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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