OIC warns of exploiting Islamophobia phenomenon

Updated 12 November 2012
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OIC warns of exploiting Islamophobia phenomenon

Jeddah: Organization of Islamic Cooperation (OIC) said today that it will present its 5th report to Islamophobia Observatory during the 35th meeting of OIC Foreign Ministers to be held in Djibouti on Thursday.
The OIC Secretary General Prof. Ekmeleddin Ihsanoglu warned in a press statement today that the West has been witnessing a process of institutionalization and legitimization of the phenomenon of Islamophobia in a systematic process over the past five years.
The report cautioned of the exploitation of religion for political purposes which may threaten global peace and security, noting in this regard the incident of burning the Holy Qur’an in Florida, the United States of America, and the film which offended the Prophet and broadcast on ‘YouTube’ as the most prominent violations against the Islamic religion.
--SPA


Finance officials meet to map out Saudi Arabia’s budget plans

Updated 37 min 40 sec ago
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Finance officials meet to map out Saudi Arabia’s budget plans

  • Finance representatives of 150 government bodies meet for the Budget Forum 2020

RIYADH: Saudi finance chiefs have kicked off a major conference in the capital aimed at mapping out the Kingdom’s budget requirements.
Around 300 specialists representing 150 government bodies met at the InterContinental hotel in Riyadh for the Budget Forum 2020.
Minister of Finance Mohammed Al-Jadaan welcomed delegates to the second edition of the gathering organized by the Saudi Finance Ministry under the slogan “Partnership and Empowerment.”
Al-Jadaan said the ministry was focused on “partnership and commitment,” and sought to share the challenge of developing an effective budget to achieve the Kingdom’s ambitious goals.
“We are also committed to empowering financial leaderships to learn about the ministry’s programs and projects and provide training and qualification opportunities to the best international standards,” he added.
The finance chief said the budget planning process required the collaboration of multiple authorities and a clear strategy based on transparency. 
Items up for discussion at the forum included financial planning in governmental bodies, automation, and the promotion of revenues and efficient spending.
Finance Ministry steering committee chairman, Abdul Aziz bin Saleh Al-Freih, stressed the importance of the forum in getting the ball rolling at an early stage on formulating a general state budget.
Workshops were held on the sidelines of the conference focused on empowering government organizations, and a training program on financial planning and income estimations was also staged.