Egypt, Yemen are top recipients of Saudi aid

Updated 19 May 2015

Egypt, Yemen are top recipients of Saudi aid

RIYADH: Saudi Arabia has given Arab nations SR85 billion ($22.7 billion) in direct aid over 40 months, local media reported, quoting a report released by the International Monetary Fund (IMF).
Egypt captured the biggest portion at SR24.4 billion ($6.5 billion), with SR22.3 billion ($5.9 billion) delivered directly to the country. Saudi direct aid represented nearly 2.3 percent of Egypt’s gross domestic product (GDP).
Yemen was the second top recipient of direct aid, with SR14.3 billion ($3.8 billion) allocated, but only SR4.4 billion ($1.2 billion) delivered due to political developments in that country. Saudi direct aid represented nearly 8.4 percent of Yemen’s GDP, the report said.
Jordan was the third top recipient, with SR11.2 billion ($3 billion) allocated but SR7.2 billion ($1.9 billion) delivered. This represented nearly 8.1 percent of Jordan’s GDP, the report said.
Bahrain came in fourth, with the Saudi government allocating SR10.7 billion ($2.8 billion), which represented nearly 8.4 percent of its GDP. Oman was fifth at SR9.4 billion ($2.5 billion), representing nearly 3.1 percent of its GDP, the report said.
The West Bank and Gaza Strip were sixth at SR6.7 billion ($1.8 billion) which represented nearly 14.4 percent of the Palestinian GDP, followed by Morocco at SR6.1 billion ($1.6 billion), or 1.5 percent of its GDP, Sudan at SR2 billion ($527 million), or 0.8 percent of its GDP, and Djibouti at SR255 million ($68 million, or 4.3 percent of its GDP, the report said.


Saudi minister receives head of Iranian Hajj organization

Updated 20 min 31 sec ago

Saudi minister receives head of Iranian Hajj organization

  • A treaty was signed related to the arrival of Iranian pilgrims

MAKKAH: The Saudi Minister of Hajj and Umrah Mohammed Salih Bentin received today in his office in Makkah Ali Reza Rashidian, head of the Hajj and Pilgrimage Organization in Iran in preparation of the upcoming season.
The meeting was attended by Abdulfattah bin Sulaiman Mashat, deputy minister for Hajj and Umrah in the Kingdom, and a number of Saudi officials.
Bentin and Rashidian signed a treaty related to the arrival of Iranian pilgrims.
Bentin confirmed in a press conference “the keenness of the government of King Salman and Crown Prince Mohammed bin Salman to provide all necessary facilities for pilgrims coming from around the world.”
In addition, he expressed his thanks to Iranian pilgrims and their cooperation during the last Hajj season, and their dedication to their religious rituals, serenity and peace.
Rashidian expressed his thanks for the reception and hospitality, and expressed his best wishes for the success of the upcoming Hajj season, as was the case in previous years.