G20 officials to discuss global economic outlook

Saudi Finance Minister Mohammed Al-Jadaan. (SPA)
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Updated 17 July 2020

G20 officials to discuss global economic outlook

RIYADH: G20 finance ministers and central bank governors will on Saturday hold a virtual meeting to discuss the global economic outlook and coordinate collective action for sustained recovery. The talks will be chaired by Minister of Finance Mohammed Al-Jadaan, and Ahmed Al-Kholifey, governor of the Saudi Arabian Monetary Authority.
The meeting will also review progress on previously agreed G20 Finance Track priorities, including improving access to opportunities for all, financial resilience and development, infrastructure investment, and addressing tax challenges arising from the digitalization of the economy.


Third Saudi aid plane arrives in Beirut

KSRelief aircraft contains medical supplies, ventilators and other relief goods for blast victims. (Photo/Supplied)
Updated 09 August 2020

Third Saudi aid plane arrives in Beirut

  • KSRelief teams are also active in treating blast victims

RIYADH: A third King Salman Humanitarian Aid and Relief Center (KSRelief) plane loaded with aid arrived in Beirut on Saturday as part of a relief air bridge that was set up to help the people in wake of the Beirut blasts.

The air bridge was established on the directives of King Salman to provide urgent humanitarian aid to Lebanon.
KSRelief Adviser Dr. Ali bin Hamed Al-Ghamdi said the third plane is loaded with ventilators, hospital and medical equipment, as well as various medicines and disinfectants. It also contains food, tents, mattresses, blankets and cooking supplies.
So far, 200 tons of aid from the Kingdom have been flown to Lebanon with specialized teams to follow up and supervise the distribution operations.
KSRelief teams are also active in Lebanon in treating victims of the blast.
Earlier, two Saudi aircraft carrying more than 120 tons of medicines, equipment, and emergency supplies were dispatched to Beirut.
KSRelief Supervisor General Dr. Abdullah Al-Rabeeah said in a statement that the assistance highlights the pivotal role of the Kingdom of Saudi Arabia in providing humanitarian assistance to all people in need around the world with complete impartiality.

The Saudi aid will help alleviate the sufferings of Lebanese people.

Maj. Gen. Mohammad Khair, Chief of the High Relief, Commission in Lebanon

The twin blasts devastated large areas of the Lebanese capital and destroyed vital infrastructure, including grain storage silos and port facilities.
Lebanon, already reeling from an economic and currency collapse, now faces the threat of food shortages and a major hit to exports and imports.
Countries around the world have rushed to help Lebanon in the wake of the port explosion on Aug. 4.
The secretary-general of the High Relief Commission in Lebanon, Maj. Gen. Mohammad Khair, thanked the Kingdom for the urgent humanitarian aid provided through KSRelief.
In a press statement, he praised the historical relations between the two countries, noting the Saudi aid will help alleviate the suffering of Lebanese people.
Residents in the Kingdom can also help Lebanon by making donations through KSRelief’s website.