Saudi Arabia Supports Palestine with $30mn Package
Saudi Arabia on Thursday delivered a $30 million installment to Palestine, as part of the Kingdom's ongoing financial support to the State of Palestine for the year 2025, reported the Saudi Press Agency (SPA).
The Palestinian Minister of Finance, Omar Al-Bitar, received the installment at the Saudi Embassy in Amman, during a meeting with the Acting Chargé d'Affaires at the Saudi Embassy in Jordan, Mohammed bin Hassan Mounis.
On this occasion, Al-Bitar hailed Saudi Arabia's continued financial and political support for Palestine, stressing its pivotal role in mitigating the financial crisis facing Palestine as a result of the recent Israeli policies.
Furthermore, the Palestinian Minister expressed appreciation to Saudi Arabia for its steadfast historic position on Palestine, and its support for Palestine's legitimate rights, including the establishment of an independent Palestine state.
Al-Bitar also conveyed the greetings of the Palestinian President, Mahmoud Abbas, and Prime Minister, Muhammad Mustafa, to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and the Saudi Crown Prince and Prime Minister, Mohammed bin Salman, for their continued political, economic and humanitarian support.
On his part, Mounis said that this installment underscores Saudi Arabia's commitment to supporting the Palestinian government and enabling it to meet its financial obligations. He also highlighted the significance of this financial support in strengthening the resilience of the Palestinian people and alleviating their suffering in the face of economic and humanitarian challenges.
Moreover, Mounis noted that Saudi Arabia's aid to Palestine has amounted to $5.3 billion over the past years, including humanitarian, relief and development aid. This support stresses the Kingdom's steadfast commitment to upholding the rights of the Palestinian people.
Short link :
Post Views: 8
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Saudi Gazette
18 hours ago
- Saudi Gazette
Saudi Deputy Minister highlights UK investment potential in education at IPSEF London 2025
LONDON — Eng. Abdulrahman Al-Hajri, Deputy Minister of Education for Saudi Arabia, showcased the Kingdom's robust education investment opportunities during his participation at the International and Private Schools Education Forum (IPSEF) in London on Wednesday, underscoring the deepening Saudi-UK educational partnership. In his keynote speech, Al-Hajri emphasized the Kingdom's ambitious Vision 2030 goals, detailing the regulatory reforms and government support mechanisms designed to attract foreign investment and strengthen private sector participation in Saudi Arabia's education landscape. He specifically invited British and international education providers to establish and operate schools in the Kingdom through Public-Private Partnerships (PPP) and land allocation schemes. 'We are seeing growing momentum from UK-based education institutions and school operators eager to expand into the Saudi market,' Al-Hajri stated. 'Our education transformation is backed by regulatory reform, strong demand, and government commitment—creating a fertile environment for global investors and partners.' On the sidelines of the event, Al-Hajri held a series of bilateral meetings with leading UK school groups and educational institutions to explore models for operating in the Kingdom, including licensing, investor facilitation, and regulatory navigation. Saudi Arabia, home to a population where over 60% are under the age of 30, is witnessing rising demand for quality education options particularly in underserved regions. The government aims to raise the private sector's contribution to education from 16% to 25% by 2030. This objective is driving the development of a comprehensive ecosystem that includes streamlined procedures, dedicated support services, and designated land for international education projects. The Ministry's participation at IPSEF London 2025 reaffirms Saudi Arabia's long-standing educational ties with the UK. British curricula remain among the most popular offerings within the Kingdom's growing private education sector, especially across K-12 and international school segments. The Deputy Minister noted that the government is committed to building an attractive, transparent, and investor-friendly environment. The Ministry continues to publish detailed investor guides, implement regulatory clarity measures, and offer a proactive approach to supporting new educational entrants into the Saudi market. — SG
Saudi Gazette
18 hours ago
- Saudi Gazette
IMF praises Saudi economic resilience, inflation control, and Vision progress
Saudi Gazette report RIYADH — The Ministry of Finance has welcomed the Concluding Statement issued by the International Monetary Fund (IMF) following the completion of its 2025 Article IV Consultation with the Kingdom. The statement highlighted the resilience of Saudi Arabia's economy amid global uncertainty, driven by robust non-oil sector growth, low inflation, and record-low unemployment, all aligned with the strategic goals of Vision 2030. In a press release, the ministry noted the IMF's commendation of the Saudi government's efforts to reinforce fiscal sustainability and its ability to absorb economic shocks. The experts observed that strong domestic demand continues to fuel economic momentum despite global headwinds, reflecting the effectiveness of major Vision 2030 projects supported by both public and private investments. The IMF experts highlighted the Kingdom's success in containing inflation, which stood at 2.3% in April 2025, and is expected to remain near 2%. This stability is underpinned by several factors, including the riyal's peg to the US dollar, supportive government policies, lower transportation and communication costs, and a cooling of residential rent inflation. Imported inflation, largely stemming from global tariff increases, remains under control. The report also praised the Saudi Central Bank (SAMA) for enhancing its liquidity management framework, noting its role in maintaining stable monetary conditions. The experts acknowledged SAMA's continuous efforts to improve regulatory and supervisory mechanisms and further strengthen oversight in the financial sector. A key focus of the statement was the Kingdom's reform trajectory since 2016. The IMF noted the wide-ranging progress in business regulation, governance, labor markets, and capital market reforms. It cited new regulations enacted in 2025, including an updated investment law, labor law amendments, and a modernized commercial registration system. These initiatives are expected to enhance investor confidence, stimulate productivity, and support sustained non-oil sector growth. The IMF stressed the need for continued fiscal reform and a strong medium-term fiscal framework to maintain the sustainability of public finances and achieve Vision 2030's long-term objectives. The Concluding Statement represents the preliminary findings of the IMF mission and forms part of its annual economic consultations with member countries under Article IV of the IMF's Articles of Agreement. These consultations aim to assess economic developments, policy directions, and structural reforms. The Ministry of Finance reaffirmed its commitment to working closely with the IMF and other international institutions to ensure economic resilience, strengthen fiscal governance, and continue progress on structural reforms in support of the Kingdom's long-term development vision.
Saudi Gazette
a day ago
- Saudi Gazette
Tehran is coming back to life, but its residents are deeply shaken
TEHRAN — In the heart of the Iranian capital, the Boof cafe serves up refreshing cold drinks on a hot summer's day. They must be the most distinctive iced Americano coffees in this city – the cafe sits in a leafy corner of the long-shuttered US embassy. Its high cement walls have been plastered with anti-American murals ever since Washington severed relations with Tehran in the wake of the 1979 Iranian revolution and the hostage crisis – which still cast a long shadow over this tortuous relationship. Inside the charming Boof cafe, Amir the barista says he'd like relations to improve between America and Iran. "US sanctions hurt our businesses and make it hard for us to travel around the world," he reflects as he pours another iced coffee behind a jaunty wooden sign — "Keep calm and drink coffee." Only two tables are occupied — one by a woman covered up in a long black veil, another by a woman in blue jeans with long flowing hair, flouting the rules on what women should wear as she cuddles with her boyfriend. It's a small snapshot of this capital as it confronts its deeply uncertain future. A short drive away, at the complex of Iran's state TV station IRIB, a recorded speech by the Supreme Leader Ayatollah Ali Khamenei was broadcast to the nation on Thursday. "The Americans have been opposing the Islamic Republic of Iran from the very beginning" he declared. "At its core, it has always been about one thing: they want us to surrender," went on the 86-year Ayatollah, said to have taken shelter in a bunker after Israel unleashed its unprecedented wave of strikes targeting Iran's nuclear and missile sites and assassinating senior commanders and scientists. We watched his speech, his first since President Donald Trump suddenly announced a ceasefire on Tuesday, on a small TV in the only office still intact in a vast section of the IRIB compound. All that's left is a charred skeleton of steel. When an Israeli bomb slammed into this complex on 16 June, a raging fire swept through the main studio which would have aired the supreme leader's address. Now it's just ash. You can still taste its acrid smell; all the TV equipment — cameras, lights, tripods — are tangles of twisted metal. A crunching glass carpet covers the ground. Israel said it targeted the propaganda arm of the Islamic Republic, accusing it of concealing a military operation within — a charge its journalists rejected. Its gaping shell seems to symbolize this darkest of times for Iran. You can also see it in the city's hospitals, which are still treating Iranians injured in Israel's 12-day war. "I am scared they might attack again, " Ashraf Barghi tells me when we meet in the emergency department of the Taleghani General hospital where she works as head nurse. "We don't trust this war has ended" she says, in a remark reflecting the palpable worry we've heard from so many people in this city. When Israel bombed the threshold of the nearby Evin prison on 23 June, the casualties, both soldiers and civilians, were rushed into Nurse Barghi's emergency ward. "The injuries were the worst I've treated in my 32 years as nurse, even worse than what I saw in the Iran-Iraq war in the 80s," she recounts, still visibly distressed. The strike on the notorious prison where Iran detains most of its political prisoners was described by Israel as "symbolic". It seemed to reinforce Israeli Prime Minister Netanyahu's repeated message to Iranians to "stand up for their freedom". "Israel says it only hit military and nuclear prison but it's all lies," insists Morteza from his hospital bed. He had been at work in the prison's transport department when the missile slammed into the building. He shows us his injuries in both arms and his backside. In the ward next door, soldiers are being cared for, but we're not allowed to enter there. Across this sprawling metropolis, Iranians are counting the cost of this confrontation. In its latest tally, the government's health ministry recorded 627 people killed and nearly 5,000 injured. Tehran is slowly returning to life and resuming its old rhythms, at least on the surface. Its infamous traffic is starting to fill its soaring highways and pretty tree-lined side streets. Shops in its beautiful bazaars are opening again as people return to a city they fled to escape the bombs. Israel's intense 12-day military operation, coupled with the US's attacks on Iran's main nuclear sites, has left so many shaken. "They weren't good days, " says Mina, a young woman who immediately breaks down as she tries to explain her sadness. "It's so heart-breaking, " she tells me through her tears. "We tried so hard to have a better life but we can't see any future these days." We met on the grounds of the soaring white marble Azadi tower, one of Tehran's most iconic landmarks. A large crowd milling on a warm summer's evening swayed to the strains of much-loved patriotic songs in an open air concert of the Tehran Symphony Orchestra. It was meant to bring some calm to a city still on edge. Supporters and critics of Iran's clerical rulers mingled, drawn together by shared worry about their country's future. "They have to hear what people say," insists Ali Reza when I ask him what advice he would give to his government. "We want greater freedoms, that's all I will say." Despite rules and restrictions which have long governed their lives, Iranians do speak their minds as they wait for the next steps by their rulers, and leaders in Washington and beyond, which carry such consequences for their lives. — BBC
