Al-Azhar backs King Salman’s initiatives on Palestine

Al-Azhar praised King Salman’s efforts for the Palestinian people
Updated 16 April 2018
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Al-Azhar backs King Salman’s initiatives on Palestine

  • Al-Azhar praised King Salman’s decision to name the latest Arab League Summit the 'Jerusalem Summit'
  • Al-Azhar welcomed the king’s decision to dedicate $50 million to UNRWA

JEDDAH: Egypt’s top religious institution praised King Salman’s efforts for the Palestinian cause, the Saudi Press Agency reported on Monday.

Al-Azhar praised King Salman’s decision to name the latest Arab League Summit the “Jerusalem Summit” in solidarity with the Palestinian people.

The institution also welcomed the king’s decision to dedicate $50 million to UNRWA and $150 million to the Islamic Endowment Support Program in Jerusalem.

In his opening remarks at the summit held in the eastern Saudi city of Dammam, the king said: “The Palestinian issue will remain our top issue until all Palestinians get their legal right to establish an independent state with Jerusalem as its capital.

“As we reiterate our condemnation and rejection of the American administration’s decision concerning Jerusalem, we commend the international consensus that rejects it, and we affirm that East Jerusalem is an inalienable part of the Palestinian territory.Al-Azhar backs King Salman’s initiatives on Palestine


Green light for crown prince-led Saudi privatization program

Updated 25 April 2018
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Green light for crown prince-led Saudi privatization program

  • The Privatization Program is one of 12 key elements of the Saudi Arabia’s Vision 2030
  • The program is aimed at increasing job opportunities for Saudi nationals

RIYADH: Saudi Arabia’s Council of Economic and Development Affairs on Tuesday approved the Privatization Program that is one of 12 key elements of the Kingdom’s Vision 2030. 

The program is aimed at increasing job opportunities for Saudi nationals, attracting the latest technologies and innovations, and supporting economic development.

It encourages both local and foreign investment in order to enhance the role of the private sector, with government entities adopting a regulatory and supervisory role. The aim is to increase the private sector’s contribution to GDP from 40 percent to 65 percent by 2030. 

The program will aim to reach its objectives through encouraging the private sector to invest in establishing new schools, universities and health centers, while the government pursues its organizational and supervisory role in health and education.

The privatization program aims to benefit from previous success stories, with the private sector’s collaboration in the development of infrastructure, and its involvement on a large scale in sectors such as energy, water, transport, telecommunications, petrochemicals and finance.

The program sets out a series of objectives in three areas: Developing a general legal framework for policies related to privatization; establishing organizational foundations and dedicated institutions to execute the policies; and setting a timescale for their delivery. 

The Council of Economic and Development Affairs is headed by Crown Prince Mohammed bin Salman.