King Fahd center holds exhibition in Sarajevo

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The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina. (SPA)
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The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina. (SPA)
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The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina. (SPA)
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The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina. (SPA)
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The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina. (SPA)
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The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina. (SPA)
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The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina. (SPA)
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Updated 27 September 2020
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King Fahd center holds exhibition in Sarajevo

  • The center consists of a mosque, sports and educational centers, and a market

SARAJEVO: The King Fahd Cultural Center in the Bosnia capital Sarajevo held an exhibition to mark Saudi Arabia’s 90th National Day.
Bosnians took great interest in the exhibition that highlighted the history of the Kingdom and its ongoing development.
Visitors were accorded a warm welcome and offered dates and coffee.
The event also highlighted the historical ties between the Bosnian Muslims and Saudi Arabia.
Dr. Mohammed bin Hassan Al-Asheikh, the director of the center, which is an affiliate of the Saudi Islamic Affairs Minister, said during the exhibition a presentation about the Kingdom was also given.
He said Saudi Arabia occupies a high position in the hearts of Muslims.
The center’s director said booklets and brochures were distributed among the visitors in the Bosnian language to provide them an insight into Saudi Arabia’s past and present.
The center consists of a mosque, sports and educational centers, and a market. The educational center offers free education. The center’s mosque is currently Bosnia’s biggest with a capacity to accommodate 1,500 people at a time.
The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina. 


Saudi-Yemen program provides $81.2m to operate more than 70 power plants

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Saudi-Yemen program provides $81.2m to operate more than 70 power plants

  • Grant will improve reliability of electrical power to critical facilities, including hospitals, medical centers, roads, schools, airports and ports
  • Move follows last week’s announcement by the SDRPY of a larger aid package totaling $506 million to support Yemen

LONDON: A tripartite agreement was signed on Wednesday between the Saudi Development and Reconstruction Program for Yemen, the oil company Petromasila, and Yemen’s Ministry of Energy and Electricity to supply petroleum derivatives for the country’s power plants.

SDRPY is supporting the Yemeni government with an $81.2 million grant to purchase 339 million liters of diesel and mazut from Petromasila to operate more than 70 power plants across various Yemeni governorates.

The grant follows last week’s announcement by the SDRPY of a $506 million aid package to support Yemen’s education, health, government and infrastructure sectors.

The SDRPY highlighted that the grant will improve the reliability of electrical power to critical facilities, including hospitals, medical centers, roads, schools, airports and ports. Additionally, the funding will stimulate the Yemeni economy and support the Central Bank of Yemen by easing the pressure on foreign exchange reserves.

It reduces the Ministry of Finance’s fuel-related financial burden and supports the Ministry of Electricity and Energy in improving the efficiency of power plants in Yemen, the SDRPY said.

In 2018, the SDRPY provided $180 million, in addition to $422 million in 2021 and another $200 million in 2022, as grants to Yemen to purchase oil derivatives and operate vital sectors of the country.