Support package affirms that Saudi Arabia has always backed Pakistan, says envoy

Saudi Arabia’s Crown Prince Mohammed bin Salman met Pakistani Prime Minister Imran Khan during the Middle East Green Initiative Summit in Riyadh this week. (AFP)
Short Url
Updated 29 October 2021
Follow

Support package affirms that Saudi Arabia has always backed Pakistan, says envoy

  • Kingdom recently pledges $4.2 billion to support Pakistan’s economy

RIYADH: Saudi Arabia’s support package of $4.2 billion for Pakistan’s economy is an affirmation of the close relations between the two countries, Pakistan’s Ambassador to Saudi Arabia Lt. Gen. (Ret.) Bilal Akbar said on Thursday.

Saudi Arabia pledged the assistance to Pakistan as the Saudi Fund for Development on Wednesday announced the issuance of the royal directive to deposit $3 billion into the State Bank of Pakistan to help the Pakistani government to support its foreign currency reserves and assist it in facing the impact of the coronavirus pandemic.

In addition, the royal directive was issued to finance the oil derivatives trade with a total amount of $1.2 billion during the year.

The SFD said that these royal directives confirm Saudi Arabia’s continued support for the economy of Pakistan.

Commenting on the economic support package, the Pakistan ambassador told Arab News: “Pakistan-Saudi Arabia relations are very special and are now 75 years old. The relationship is historic, strategic and fraternal, based on common religion and excellent people to people relations.”

“The Kingdom has always stood with Pakistan and this recent assistance is an affirmation of the same. We look forward to continuing our close cooperation and mutual support in all times to come,” said Akbar.

HIGHLIGHT

In 2018, Saudi Arabia gave Pakistan $3 billion in foreign currency support and further loans worth up to $3 billion in deferred payments for oil imports.

The Saudi aid comes after Prime Minister Imran Khan visited Riyadh for the Middle East Green Initiative, the climate change conference headed by Crown Prince Mohammed bin Salman, on Monday.

The prime minister, who met the crown prince on the sidelines of the summit, has also thanked the Kingdom for the support package.

“Saudi Arabia has always been there for Pakistan in our difficult times, including now when the world confronts rising commodity prices,” Khan said in a tweet.

Pakistan’s currency market bounced back on Wednesday to gain 1 rupee against the US dollar in intra-day trading after Saudi Arabia announced its support package.

The rupee closed the previous session at 175.60 against the dollar. It has depreciated around 13.6 percent since May.

In 2018, Saudi Arabia gave Pakistan $3 billion in foreign currency support and further loans worth up to $3 billion in deferred payments for oil imports.


KSrelief chief discusses aid efforts in Gaza with Palestinian ministers

Updated 56 min 49 sec ago
Follow

KSrelief chief discusses aid efforts in Gaza with Palestinian ministers

RIYADH: The general supervisor of Saudi aid agency KSrelief, Abdullah Al-Rabeeah, on Wednesday discussed the situation in Gaza with the Palestinian minister of health, Majed Abu Ramadan, and minister of social development, Samah Abdul Rahim Hussein Hamad.

Their meeting took place during “Call for Action: Urgent Humanitarian Response for Gaza,” an international emergency conference that began in Jordan on Tuesday.

They discussed “the delicate humanitarian situation in the Gaza Strip and ways to deliver aid to those displaced there,” the Saudi Press Agency reported. They also exchanged views on the main topics addressed by the conference.

The Palestinian ministers thanked the Kingdom, as represented by KSrelief, for the aid and assistance it has provided to the people of Gaza to help alleviate their suffering during the current humanitarian crisis. They expressed their sincere appreciation in particular for the support provided by Saudi authorities to healthcare efforts in the territory.


Saudi crown prince declines Italian invitation to attend G7 Summit session due to Hajj commitments

Updated 53 min 32 sec ago
Follow

Saudi crown prince declines Italian invitation to attend G7 Summit session due to Hajj commitments

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman has declined an invitation to attend a communication session of the G7 Summit in Italy on Friday.

He sent a message to Prime Minister Giorgia Meloni thanking her for the invitation but said he is unable to participate because of his obligations to supervise the work of officials in the Kingdom during Hajj season, the Saudi Press Agency reported on Wednesday.

The prince noted the strength of the relationship between their countries and wished Italian authorities success in hosting the summit.

Italy will host the annual summit of leaders of the G7 group of major democracies from June 13 to 15 at Borgo Egnazia, in the southern Puglia region. Hajj will begin on June 14.


Saudi leaders send condolences to Kuwait’s emir over victims of deadly fire

Updated 12 June 2024
Follow

Saudi leaders send condolences to Kuwait’s emir over victims of deadly fire

  • 49 people were killed by a blaze south of Kuwait City that broke out around dawn on Wednesday in a 6-story building housing nearly 200 foreign workers

RIYADH: Saudi Arabia’s King Salman on Wednesday sent a message of condolence and sympathy to the emir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, following a fire that killed and injured dozens of people in the country.

The king wrote: “We learned of the news of the outbreak of a fire in the Mangaf region, and the deaths and injuries that resulted from it, and we send to Your Highness, to the families of the deceased, and to the brotherly people of the State of Kuwait, our warmest and most sincere condolences.”

He also wished those injured a speedy recovery, the Saudi Press Agency reported.

Crown Prince Mohammed bin Salman sent similar messages of condolence to the emir and Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah.

Forty-nine people were killed when the fire ripped through a building housing nearly 200 foreign workers on Wednesday, the Kuwaiti government said. The blaze, which broke out in the six-story building south of Kuwait City at around dawn, left dozens injured, the health ministry added.

(With AFP)


Saudi Arabia extends condolences after fire in Kuwait kills 49

Rescuers arrive at the site of a building that caught fire in Kuwait, Wednesday, June 12, 2024. (AP)
Updated 12 June 2024
Follow

Saudi Arabia extends condolences after fire in Kuwait kills 49

RIYADH: Saudi Arabia’s Foreign Ministry extended the Kingdom’s condolences and sympathy to the families of those killed in a fire that ripped through a building in Kuwait on Wednesday.

The blaze, which broke out in a six-story building in the Mangaf area, south of Kuwait City, killed 49 and left dozens injured, the Kuwaiti health ministry said. 

The Saudi foreign ministry expressed the Kingdom’s solidarity with the government and people of Kuwait and its best wishes for the security and safety of Kuwaiti citizens and residents. 


Saudi authorities arrest 26 Hajj permit violators

Updated 12 June 2024
Follow

Saudi authorities arrest 26 Hajj permit violators

  • Offenders were attempting to transport 102 people

RIYADH: Authorities in Saudi Arabia arrested 26 violators of Hajj regulations at the entrances to Makkah after they tried to enter without a valid permit, the Saudi Press Agency reported on Wednesday.

The Ministry of Interior announced that the Hajj Security Forces had arrested nine residents and 19 citizens, who had attempted to transport 102 people on Tuesday.

The seasonal administrative committees of the General Directorate of Passports issued 26 administrative decisions against them, including a prison sentence for a period of 15 days for each carrier, and a fine of SR10,000 ($2,666).

The fine will be multiplied by the number of each violator transported, and the expatriate violators will be deported and prevented from entering the Kingdom, according to the legally specified periods after the execution of the sentence. Five vehicles used for transportation have also been confiscated.

The Ministry of Interior has called on all citizens and expatriates to abide by Hajj regulations and instructions so that pilgrims can enjoy safety, security and comfort while performing their rituals.