Saudi foundation pledges $50 million to eradicate measles

Saudi foundation pledges $50 million to eradicate measles. (AFP)
Updated 24 April 2017

Saudi foundation pledges $50 million to eradicate measles

NEW YORK: A Saudi Arabian charitable foundation said on Monday it will give $50 million to the United Nations children’s agency to help eliminate measles, the largest private donation ever to UNICEF’s efforts.
The donation by Riyadh-based Alwaleed Philanthropies comes amid rising concern about the highly contagious disease, a leading cause of death among children, with recent outbreaks in Italy and Romania.
It will help vaccinate more than 51 million children in 14 countries, UNICEF said.
Anthony Lake, UNICEF’s head, said the show of charity could inspire others to give to the immunization effort.
“Alwaleed Philanthropies’ generosity will ... serve as a catalyst to spur greater investment,” he said in a statement.
The gift is the largest single private donation ever made to UNICEF’s measles and rubella elimination efforts, a UNICEF spokeswoman said.
According to the World Health Organization (WHO), the virus can lead to deadly complications like diarrhea, dehydration, respiratory infection and encephalitis and kills nearly 400 children every day.
It can be prevented with two doses of a widely available and inexpensive vaccine but continues to infect tens of thousands of people globally.
Reported measles cases increased in Africa, Europe and the Eastern Mediterranean region in 2014 and 2015, according to WHO.
Princess Lamia bint Majed Al Saud, secretary general of Alwaleed Philanthropies, said the need to stamp out the disease is particularly pressing amid current humanitarian crises that increase risks of disease.
Citing wars, refugees and asylum seekers, she said: “A lot of factors now are changing.
“You have to do whatever you can,” she told the Thomson Reuters Foundation.
Alwaleed Philanthropies’ founder, billionaire investor and Saudi Prince Alwaleed Bin Talal, pledged in 2015 to give his entire $32 billion fortune to charity over time.
It has so far spent money on health care and women’s rights in more than 124 countries.
Last year, the Americas became the first region in the world to be declared measles free.

FaceOf: Turki Al-Askar, adviser to the Saudi Ministry of Commerce and Investment

Updated 11 min 33 sec ago

FaceOf: Turki Al-Askar, adviser to the Saudi Ministry of Commerce and Investment

Turki Al-Askar has been an adviser to the Saudi Ministry of Commerce and Investment since January 2018.

Previously, he worked for more than six years in the Riyadh office of Merieux NutriSciences, which offers analytical and consulting services to ensure the safety and quality of food, nutrition, agrochemicals, pharma and cosmetics products. 

Al-Askar worked at the company as a planning manager, an acting business development manager, vice president of client services, and vice president of business development. 

He was also a senior market intelligence specialist at Yum! Brands in the UK between July 2010 and February 2011. 

There, he contributed to successful market research by conducting customer surveys, and participated in creating new client profiles in the company database.

He served as a business development specialist and government relations officer at Al-Askar Co. for Property Development between April 2006 and February 2008. 

Al-Askar holds a master’s degree in marketing management from the University of Southampton in the UK. 

He also graduated from the Executive Education Leadership Development Program at the IMD Business School in Lausanne, Switzerland. 

Recently, the Eastern Province Chamber hosted an investment workshop at its headquarters in Dammam to highlight improvements to existing procedures and the new initiatives that are helping to cut bureaucracy and make it easier to do business in the Kingdom.

The chamber's Tayseer committee partnered with 40 government bodies and launched 300 initiatives that aim to improve the Kingdom’s ranking in international indicators.