Saudi Arabia has contributed with more than 53 billion U.S. dollars in foreign aid for various countries in 23 years from 1990 to 2013, according to Al Riyadh newspaper on Monday. The highest foreign aid was in 2011 with 5.4 billion dollars, while total aid until 2011 was 43.4 billion dollars in the form of assistances and loans, 3.3 billion dollars as contributions for NGOs and organizations, and 3 billion dollars for multilateral aid. The total assistance to Arab countries from January 2011 to July 2012 hit 17.86 billion dollars, including 5 billion dollars for Oman and Bahrain, economic advisor Fadi Al Ajaji told the newspaper. Meanwhile in July Saudi Arabia approved 5 billion dollars aid package to Egypt which struggles with a high budget deficit and rising unemployment amid political crisis. The package includes 2 billion dollars in the form of petroleum and gas aid products, while another 2 billion dollars will be in the form of a deposit at Egypt's central bank and one billion dollars as a grant.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor