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.


Saudi Arabia reports 32 new COVID-19 deaths

Updated 03 August 2020

Saudi Arabia reports 32 new COVID-19 deaths

  • There have been a further 1,972 recoveries from COVID-19

RIYADH: Saudi Arabia on Monday announced 1,258 new coronavirus cases and 32 new deaths from the disease.
The new cases reported in the Kingdom increase the total number of people who have contracted the virus to 280,093. 

The recent fatalities raise the Kingdom’s virus-related death toll to 2,949. 

According to the Ministry of Health, 89 of the newly recorded cases were in Riyadh, while there were 75 reported in Al-Hufoof and 65 in Dammam.

There have been a further 1,972 recoveries from COVID-19, taking the total number of recoveries to 242,053.