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Saudi King Names Fahad al-Mubarak as New Central Bank Governor

Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA
Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA
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Saudi King Names Fahad al-Mubarak as New Central Bank Governor

Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA
Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA

Custodian of the Two Holy Mosques King Salman bin Abdulaziz appointed on Sunday Fahad al-Mubarak as Central Bank Governor.

A decree appointed al-Mubarak after Ahmed al-Kholifey was removed from his post.

The decree said al-Kholifey would become an adviser at the royal court.

Another royal decree merged the Ministry of Housing and Ministry of Municipal and Rural Affairs to form Ministry of Municipal and Rural Affairs and Housing.

The King appointed Majid Al-Hogail as Minister of Municipal and Rural Affairs and Housing.

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Saudi Arabia Implemented $7.1-Billion-Worth Projects to Support Children

KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. SPA
KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. SPA
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Saudi Arabia Implemented $7.1-Billion-Worth Projects to Support Children

KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. SPA
KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. SPA

Saudi Arabia actively marks World Children's Day, observed on November 20 every year, through a range of projects and initiatives carried out by the King Salman Humanitarian Aid and Relief Center (KSrelief), which is dedicated to supporting children and promoting their well-being worldwide.

Since its establishment, KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. Among these, 965 projects were valued at over $924 million, specifically focusing on enhancing the living conditions of children and their families, alleviating their suffering and ensuring access to education in safe and healthy environments.

One significant project by the center is the rehabilitation and reintegration of children recruited and affected by the armed conflict in Yemen, which aims to support child soldiers in their journey back to society.

The project has positively impacted 530 children and 60,560 family members. It entails facilitating the children's integration into their communities, enrolling them in schools, and offering vital psychological and social support through targeted training courses, helping them to lead normal, fulfilling lives.
KSrelief is a key supporter of the United Nations Children's Fund (UNICEF), significantly contributing to the delivery of health services and nutrition programs for newborns and their mothers. The center also plays a crucial role in supporting educational initiatives and ensuring the continuity of education in crisis and disaster-affected areas.