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

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.


Lebanese designer celebrates Saudi Arabia’s hidden treasure through art

Miriam El-Moula says she feels like she was born with art in her DNA.
Updated 56 min 13 sec ago

Lebanese designer celebrates Saudi Arabia’s hidden treasure through art

  • Miriam El-Moula marks Saudi Arabia’s culture and heritage through sustainable artworks

RIYADH: Defectless, a six-month-old lifestyle brand, is inspired by revealing hidden beauty. It started by highlighting the diversity of Saudi Arabia’s landscape. Unlocking the once-hidden treasures and memorializing them into contemporary and sustainable art pieces.
“I want to create pieces that are not only aesthetically beautiful, but that tell stories of people and places and inspire human progress,” 24-year-old artist Miraim El-Moula told Arab News.
“That is why I am so inspired by what’s happening in Saudi Arabia and the emergence of these new destinations. These destinations were hidden from the world. Now they are shocking the consciousness of many artists, me included, with the beauty of their nature, heritage, and people. They are worth being celebrated.”
Her designs are from four different regions in Saudi Arabia: Asir, AlUla, the Red Sea, and Riyadh. “That’s what I want to show people, that Saudi is not just a desert country. It is much more,” she said.
Hand sculpted from pure marble El-Moula’s latest creation is the Guardian of AlUla. “To me, the elephant rock is a natural wonder that stood the test of time. It is proof that nature is the ultimate artist.”

I love touching material and matching colors. Creating a new piece of art brings me internal happiness.

Miriam El-Moula

Inspired by the people of Asir and the community of the southern city, she recreated Asir Fortress in a contemporary handcrafted way. “I was inspired: On the one hand, the fortress represents the warriors who dedicated their lives to protect their lands, and on the other, Al-Qat pattern, engraved on it, represents the woman of Asir who enriched this community with their vibrant, colorful art.”

HIGHLIGHTS

• Miriam El-Moula’s designs are from four different regions in Saudi Arabia: Asir, AlUla, the Red Sea, and Riyadh.

• Inspired by the people of Asir and the community of the southern city, she recreated Asir Fortress in a contemporary handcrafted way.

• She uses sustainable materials, such as concrete, to replicate the age-old corals. The center is covered with gold making it a beautiful centerpiece.

• A marble tray made out of gold bowls that represent the historic Diriyah buildings — home to the leaders of Saudi Arabia — when conjoined is a representation of the UNESCO heritage site.

“Red Sea Siglia” was created by her inspiration from the marine treasures of the Red Sea. “These coral reefs are 6,000 years old and irreplaceable. They are a gift to mankind that must be celebrated and protected.”
She uses sustainable materials, such as concrete, to replicate the age-old corals. The center is covered with gold making it a beautiful centerpiece.
A marble tray made out of gold bowls that represent the historic Diriyah buildings — home to the leaders of Saudi Arabia — when conjoined is a representation of the UNESCO heritage site.
El-Moula knew from the beginning she wanted to be a designer. As a schoolgirl, she was infatuated with art class and even skipped other classes in school in order to develop her beloved passion.
“I feel like I was born with art in my DNA,” she said. “I love to look at spaces and always have an opinion on how they can look better. I love touching material and matching colors. Creating a new piece of art brings me internal happiness.”
Her first art display will be at Winter of Tantoura in AlUla.