Saudi Health Fund’s 34 Agreements, Partnerships Shape 2023 Operations

From the participation of the Health Sector Fund in the previous year's International Healthcare Exhibition in Riyadh, Saudi Arabia (SPA)
From the participation of the Health Sector Fund in the previous year's International Healthcare Exhibition in Riyadh, Saudi Arabia (SPA)
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Saudi Health Fund’s 34 Agreements, Partnerships Shape 2023 Operations

From the participation of the Health Sector Fund in the previous year's International Healthcare Exhibition in Riyadh, Saudi Arabia (SPA)
From the participation of the Health Sector Fund in the previous year's International Healthcare Exhibition in Riyadh, Saudi Arabia (SPA)

The Saudi Health Sector Fund has shown how healthcare is changing during Ramadan, breaking previous records. More than 4 million individual donations were made, with 47 charitable initiatives and 34 partnerships contributing to this generosity.

Aligned with Saudi Vision 2030, the healthcare sector is working to improve people’s health and create vibrant communities. One key program is the Healthcare Sector Transformation Program, which is driving various initiatives to achieve these goals.

A standout initiative is the Health Endowment Fund, the Kingdom’s first independent healthcare fund. It supports access to healthcare for the most vulnerable and involves the community in helping those in need through partnerships.

To ensure transparency and effectiveness, the fund is working with specialized auditing firms. It’s also partnering with financial experts to manage investments for financial sustainability.

Another important effort is the development of primary healthcare centers. This involves improving infrastructure, upgrading equipment, and using technology to enhance healthcare services and patient experiences.

These initiatives reflect the Fund’s commitment to improving healthcare across the sector and providing swift assistance to those in need. Overall, the fund aims to build a model healthcare endowment that can address health challenges effectively with the help of the community.



Exports from Libya's Hariga Oil Port Stop as Crude Supply Dries Up, Say Engineers

A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
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Exports from Libya's Hariga Oil Port Stop as Crude Supply Dries Up, Say Engineers

A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)

The Libyan oil export port of Hariga has stopped operating due to insufficient crude supplies, two engineers at the terminal told Reuters on Saturday, as a standoff between rival political factions shuts most of the country's oilfields.

This week's flare-up in a dispute over control of the central bank threatens a new bout of instability in the North African country, a major oil producer that is split between eastern and western factions.

The eastern-based administration, which controls oilfields that account for almost all the country's production, are demanding western authorities back down over the replacement of the central bank governor - a key position in a state where control over oil revenue is the biggest prize for all factions.

Exports from Hariga stopped following the near-total shutdown of the Sarir oilfield, the port's main supplier, the engineers said.

Sarir normally produces about 209,000 barrels per day (bpd). Libya pumped about 1.18 million bpd in July in total.

Libya's National Oil Corporation NOC, which controls the country's oil resources, said on Friday the recent oilfield closures have caused the loss of approximately 63% of total oil production.