Muslim World League celebrates World Orphans Day in Pakistan

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Muslim World League has many partnerships to help serve orphanages. (SPA)
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Muslim World League has many partnerships to help serve orphanages. (SPA)
Updated 24 May 2019
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Muslim World League celebrates World Orphans Day in Pakistan

  • MWL’s efforts to serve orphans were praised

ISLAMABAD: The regional office of the Muslim World League (MWL) in Islamabad celebrated World Orphans Day as part of the MWL’s humanitarian efforts.
Nawaf bin Said Al-Malki, Saudi ambassador to Pakistan, noted the MWL’s efforts to serve orphans, and thanked King Salman and his crown prince for the Kingdom’s efforts in the humanitarian field and the service of Islam.
Saad Al-Harthi, director general of the MWL in Pakistan, said: “One of the accomplishments that MWL in Pakistan is proud of is providing distinguished and comprehensive care for orphans, under the direction of MWL Secretary-General Mohammed bin Abdul Karim Al-Issa and through its International Islamic Relief Organization, where it operates orphanages that provide more than 1,500 orphans with all necessities of life.”
He added that the organization has many partnerships to help serve orphanages, including Pakistan Sweet Home, which operates the Al-Furqan School for Orphans in Karachi, serving over 1,000 orphans.
The MWL keeps contact with bright orphans after graduation from high school, granting them scholarships to different universities.  
The celebration of World Orphans Day was attended by senior Pakistani officials, representatives of humanitarian organizations in the country, and members of the Saudi Embassy and affiliated offices.


Monshaat spends over SR800m on 824 small and medium Saudi enterprises

Updated 4 min 26 sec ago
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Monshaat spends over SR800m on 824 small and medium Saudi enterprises

RIYADH: The Small and Medium Enterprises General Authority (Monshaat) announced that 824 enterprises (SMEs) had benefitted from its indirect lending initiative to the tune of over SR800 million ($213 million) on Tuesday.

Authorized by the Saudi Arabian Monetary Authority (SAMA), 17 companies have become partners in the initiative, helping to raise the funds. The indirect lending initiative, launched by Monshaat in cooperation with the Social Development Bank, aims to provide low-cost loans for SMEs and entrepreneurs in the Kingdom.

Monshaat designed it so that guarantors and lenders came from a diverse range of backgrounds, sharing the burden across the Saudi private sector and widening the reach of their investments. The initiative was launched with resources of SR1.6 billion.

Monshaat urged male and female entrepreneurs and owners of SMEs to visit its website idl.monshaat.gov.sa to benefit from the initiative, where they will be able to check all the details related to the initiative and the partners authorized by SAMA.

The initiative is an important cog in the Kingdom’s broader economic and social outlook, which aims to help boost SMEs to the point that they contribute up to 35 percent of Saudi gross domestic product by 2030.