JEDDAH: A group of Saudi banks have announced their support for the Health Endowment Fund to combat the spread of the coronavirus disease (COVID-19), with a total of SR155.1 million ($41.3 million). The banks were wanting to express their sense of social responsibility to support the relentless efforts in the face of the unprecedented global crisis.
Saudi Arabian British Bank put forward SR17 million to the fund; Banque Saudi Fransi SR12 million; Al-Rajhi Bank SR25 million; Riyad Bank SR17 million; Arab National Bank SR12 million; the National Commercial Bank SR33 million; Samba Bank donated SR16.5 million, among other banks.
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Saudi banks donate $41.4 million to combat coronavirus
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Saudi banks donate $41.4 million to combat coronavirus
- The banks were wanting to express their sense of social responsibility to support the relentless efforts in the face of the unprecedented global crisis
Saudi Cabinet condemns ‘blatant’ Iranian aggression; affirms Kingdom’s right to respond to threats
RIYADH: Saudi Arabia has warned it reserves the “full right” to respond to Iranian aggression following a series of “blatant and cowardly” strikes targeting the capital and the Eastern Province.
The warning came during a late-night Cabinet session on Tuesday, chaired by Crown Prince and Prime Minister Mohammed bin Salman via videoconference, according to the Saudi Press Agency (SPA).
During the session, the Cabinet “reaffirmed Saudi Arabia’s full solidarity with the brotherly countries whose territories were subjected to blatant Iranian aggression”, signaling a united front against regional threats.
The session followed a dramatic escalation of hostilities, including a direct drone attack on the US Embassy in Riyadh.
Major General Turki al-Malki, spokesperson for the Ministry of Defense, confirmed that while air defenses intercepted multiple threats, the embassy compound sustained a “limited fire and minor material damage.”
General Al-Malki further announced that Saudi forces successfully intercepted and destroyed eight additional drones targeting the cities of Riyadh and Al-Kharj early Tuesday morning.
In a sharp rebuke of the embassy strike, the Saudi Ministry of Foreign Affairs (MOFA) cited a flagrant violation of the 1949 Geneva Convention and the 1961 Vienna Convention on Diplomatic Relations.
“The repetition of this flagrant Iranian behavior... will push the region toward further escalation,” the Ministry stated, underscoring that these provocations occurred despite Riyadh’s explicit policy of not allowing its airspace or territory to be used as a launchpad for strikes against Iran.
Global condemnation and solidarity
The Cabinet expressed deep appreciation for the wave of international support as world leaders condemned Tehran’s “indiscriminate” behavior.
In a joint show of force, the US and GCC member states (Bahrain, Kuwait, Qatar, Saudi Arabia and the UAE) along with Jordan stood united, labeling the strikes a “dangerous escalation” and reaffirming a collective right to self-defense.
Leaders from the United Kingdom, France, and India. — including Prime Minister Narendra Modi — voiced strong solidarity with the Kingdom. The UK government confirmed its forces are engaged in “defensive actions” to maintain regional stability.
Amid the heightened military tension, the Cabinet reviewed the Kingdom’s hospitality efforts for GCC citizens currently stranded at Saudi airports due to regional airspace closures. The crown prince reaffirmed that the state would mobilize all capabilities to support brotherly nations in any measures they take to restore regional peace and stability.
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