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Saudi Finance Minister Praises G20’s Debt Service Suspension Initiative

Saudi Arabia's G20 Sherpa Fahad Al-Mubarak on the last day of the G20 Riyadh Summit.
Saudi Arabia's G20 Sherpa Fahad Al-Mubarak on the last day of the G20 Riyadh Summit.
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Saudi Finance Minister Praises G20’s Debt Service Suspension Initiative

Saudi Arabia's G20 Sherpa Fahad Al-Mubarak on the last day of the G20 Riyadh Summit.
Saudi Arabia's G20 Sherpa Fahad Al-Mubarak on the last day of the G20 Riyadh Summit.

Saudi Minister of Finance Mohammed al-Jadaan on Sunday lauded the G20’s endorsement of a plan to extend a freeze in debt service payments by the poorest countries to mid-2021.

Jadaan and Saudi Arabia's G20 Sherpa Fahad Al-Mubarak held the G20 Presidency press conference on the last day of the G20 Riyadh Summit.

Jadaan praised The Debt Service Suspension Initiative, stressing that it was a great achievement.

He noted the agreement to extend the debt initiative will run until June 2021, adding that it we will help poor countries in the short and medium term.

He also said that if it wasn't for the G20's intervention, millions of jobs would have been lost this year.

For his part, Al-Mubarak said that the Riyadh initiative to reform the World Trade Organization is one of the most prominent achievements of the G20 this year.

He emphasized that the G20 finance ministers met three times this year during which they have set out the key principles to review the foundations of global trade.

Both officials expressed their full satisfaction with the G20 Saudi Presidency.

Jadaan concluded his remarks by thanking every member and every working group behind the G20 Summit.

"I would like to thank with all of my heart every member of the G20, every minister, and every working group," stressed Jadaan.

"I am very proud, extremely proud," he concluded.

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Gulf

Saudi Foreign Minister Holds Phone Call with Foreign Minister II of Brunei Darussalam

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah -File Photo (Reuters)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah -File Photo (Reuters)
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Saudi Foreign Minister Holds Phone Call with Foreign Minister II of Brunei Darussalam

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah -File Photo (Reuters)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah -File Photo (Reuters)

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah held a phone call with Minister for Foreign Affairs II of Brunei Darussalam Dato Erywan Pehin Yusof, the Saudi Press Agency reported on Friday.

During the call, the two officials reviewed bilateral relations between their countries and discussed issues of common interest.

Gulf

King Salman Center Sets Up Camps for Displaced Gaza Residents

The King Salman Humanitarian Aid and Relief Center has established the largest displacement camp in Deir al-Balah, as displaced people struggle with the impact of war and cold weather (KSrelief)
The King Salman Humanitarian Aid and Relief Center has established the largest displacement camp in Deir al-Balah, as displaced people struggle with the impact of war and cold weather (KSrelief)
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King Salman Center Sets Up Camps for Displaced Gaza Residents

The King Salman Humanitarian Aid and Relief Center has established the largest displacement camp in Deir al-Balah, as displaced people struggle with the impact of war and cold weather (KSrelief)
The King Salman Humanitarian Aid and Relief Center has established the largest displacement camp in Deir al-Balah, as displaced people struggle with the impact of war and cold weather (KSrelief)

Saudi Arabia’s King Salman Humanitarian Aid and Relief Center (KSrelief) said it has set up the largest displacement camp in Deir al-Balah in Gaza, as thousands of Palestinians displaced by the war grapple with harsh winter conditions brought by a cold and rainy weather system this week.

Fahad Al-Osaimi, the center’s director of emergency relief, told Asharq Al-Awsat that the camp is sheltering more than 200 displaced families, with the number of beneficiaries exceeding 2,000 women, children and elderly people whose homes and tents were damaged or destroyed by the war and recent weather conditions.

He said the center is currently operating under a rapid response mechanism to appeals received by its operations and emergency room in the Gaza Strip.

Al-Osaimi said two fully equipped camps were completed this week, and that preparations are underway to establish several additional camps in coordination with relevant United Nations agencies, based on assessed needs on the ground.

He said the camp is playing a critical role in providing refuge to hundreds of families whose tents were flooded or collapsed due to heavy rainfall, offering safer shelter that helps mitigate humanitarian risks, particularly for children, women and the elderly.

Al-Osaimi said the center’s efforts extend beyond emergency shelter, noting that work is ongoing to establish organized camps that meet international humanitarian response standards and to ensure they are supplied with essential services.

These services include blankets, shelter materials, clothing for women and children, sanitation facilities such as toilets, hygiene kits and cleaning supplies, in addition to other forms of relief assistance as needs arise.

He said the interventions form part of KSrelief’s sustained efforts to alleviate the suffering of displaced people in the Gaza Strip and bolster their resilience amid severe humanitarian and weather conditions.

The deteriorating weather has coincided with growing uncertainty over the future of the ceasefire agreement and the possibility of moving to its second phase. According to local and international organizations, living conditions for displaced people continue to worsen.

Against this backdrop, the establishment of the largest displacement camp in Deir al-Balah marks a fresh chapter in Saudi Arabia’s emergency response to Palestinians, particularly Gaza residents, since the outbreak of the war following Oct. 7, 2023, providing lifelines to more than 2,000 people facing mounting challenges.

Gulf

Saudi Interior Minister Meets with Kazakh Counterpart

The Saudi Minister of Interior met on Thursday with his Kazakh counterpart in Riyadh. SPA
The Saudi Minister of Interior met on Thursday with his Kazakh counterpart in Riyadh. SPA
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Saudi Interior Minister Meets with Kazakh Counterpart

The Saudi Minister of Interior met on Thursday with his Kazakh counterpart in Riyadh. SPA
The Saudi Minister of Interior met on Thursday with his Kazakh counterpart in Riyadh. SPA

Saudi Minister of Interior Prince Abdulaziz bin Saud bin Naif bin Abdulaziz received in Riyadh on Thursday Kazakhstan’s Minister of Internal Affairs Yerzhan Sadenov.

During the meeting, they discussed ways to enhance security cooperation between the two ministries, in addition to reviewing a number of topics of mutual interest.