Saudi Arabia deposits $250 million into Sudan’s Central Bank: statement

Saudi Arabia and the United Arab Emirates have deposited now $500 million into Sudan’s Central Bank, the first instalment of the joint package of aid. (File/Social media)
Updated 21 May 2019
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Saudi Arabia deposits $250 million into Sudan’s Central Bank: statement

  • Saudi Arabia and UAE pledged to send $3 billion worth of aid to Sudan
  • The remaining amount will be allocated to meet the urgent needs of the Sudanese people

RIYADH: Saudi Arabia said on Sunday it deposited $250 million with the Sudanese central bank, according to a statement from the Kingdom’s ministry of finance.

Saudi Arabia and the UAE pledged to send $3 billion worth of aid to Sudan, after mass protests led to the ouster of president Omar al-Bashir last month.

The move will strengthen Sudan’s “financial position, alleviate pressure on the Sudanese pound and achieve more stability in the exchange rate," the statement said.

Saudi Arabia and the United Arab Emirates have deposited now $500 million into Sudan’s Central Bank, the first instalment of the joint package of aid.

The remaining amount will be allocated to meet the urgent needs of the Sudanese people, including food, medications and oil derivatives.

Mohammed Abdullah Al-Jadaan, Minister of Finance, confirmed that this deposit constitutes an extension of the Kingdom’s support to the Sudanese people.

He added that this support will strengthen the financial and economic situation in Sudan, especially the exchange rate of the Sudanese pound, which should reflect positively on the living conditions of the Sudanese citizens.


Saudi sources deny ‘unsubstantiated’ reports of permitting alcohol

Updated 16 June 2019
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Saudi sources deny ‘unsubstantiated’ reports of permitting alcohol

  • “The leadership has made it clear from day one; it is simply not happening,”SCTH source tells Arab News
  • The SCTH is responsible for licensing and rating hotels and restaurants

RIYADH: Saudi Arabia has no plans to allow the sale or public consumption of alcohol, a senior government source has told Arab News.

The official with access to relevant decision-makers categorically denied “unsubstantiated” media reports in some international and regional news outlets.

“If you read the fake news, you will notice it is all based on hearsay and tweets by accounts known to have a questionable agenda when talking about the Kingdom,” he said.

“As the country moves forward with its reform plans, we expect much speculation and attempts by critics to hold us back. And while people are allowed to speculate and criticize, their speculation should not be treated as the truth.”

A second source at the Saudi Commission for Tourism and National Heritage (SCTH) also denied such reports. “The leadership has made it clear from day one; it is simply not happening,” he told Arab News. “I have not heard of any plans to allow alcohol in major cities, free zones or new projects.”

The SCTH is responsible for licensing and rating hotels and restaurants. Any plans for the sale or consumption of alcohol would have to go through the commission for implementation. 

Saudi Arabia has witnessed substantial social reforms over the past three years, such as the curbing of the previously unchecked power of the religious police, reopening cinemas and allowing women to drive.

There has also been a major shift on previously prohibited public entertainment and gender mixing. International artists including Mariah Carey, Yanni, Andrea Bocelli, Enrique Iglesias and Black Eyed Peas have all performed.

Tourism projects have included pop-up versions of international restaurants such as Signor Sassi, Nusr-Et and Nobu. None has served alcohol.

“Officials have repeatedly said all changes were and will always be in line with Islamic teachings and traditions,” the senior source told Arab News.