SDRPY Launches Program to Build Yemeni Finance Ministry’s Capabilities

Saudi Ambassador to Yemen and Supervisor-General of SDRPY Mohammed bin Saeed Al Jaber speaks to reporters during the inauguration of the capacity building program of the Yemeni Ministry of Finance in Riyadh on Wednesday, December 15, 2021. (SPA)
Saudi Ambassador to Yemen and Supervisor-General of SDRPY Mohammed bin Saeed Al Jaber speaks to reporters during the inauguration of the capacity building program of the Yemeni Ministry of Finance in Riyadh on Wednesday, December 15, 2021. (SPA)
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SDRPY Launches Program to Build Yemeni Finance Ministry’s Capabilities

Saudi Ambassador to Yemen and Supervisor-General of SDRPY Mohammed bin Saeed Al Jaber speaks to reporters during the inauguration of the capacity building program of the Yemeni Ministry of Finance in Riyadh on Wednesday, December 15, 2021. (SPA)
Saudi Ambassador to Yemen and Supervisor-General of SDRPY Mohammed bin Saeed Al Jaber speaks to reporters during the inauguration of the capacity building program of the Yemeni Ministry of Finance in Riyadh on Wednesday, December 15, 2021. (SPA)

The Saudi Development and Reconstruction Program for Yemen (SDRPY) launched Wednesday the first workshop of a program to build the capabilities of the Yemeni Ministry of Finance in its headquarters in Riyadh.

The workshop comes as part of a comprehensive program to build the capacities of Yemen’s government agencies, with the participation of the Saudi Ministry of Finance.

Wednesday’s ceremony was attended by Yemen’s Planning and International Cooperation Minister Waed Badheeb and Finance Minister Salem bin Brik.

Also, Saudi Ambassador to Yemen and Supervisor-General of SDRPY Mohammed bin Saeed Al Jaber, Chief of the GCC Mission to Yemen Sarhan al-Minaikher, Director General of the Development Cooperation at the Ministry of Finance Abdul Mohsen al-Mutawa, and several experts in training and building capabilities attended the event.

The program, launched by the Kingdom in mid-2021 to establish a sustainable technical cooperation, aims at enhancing the planning, development and public finance capabilities by enabling public institutions to identify their needs and assess their capacities to perform their basic duties and adapt to various circumstances, Badheeb explained.

The ministry is pleased to serve as a bridge for cooperation and communication and to enhance coordination between the SDRPY and all ministries, government institutions and local councils, in an attempt to support the steps taken by the leadership of the two brotherly and neighboring countries to establish a comprehensive development vision able to build the capacities of the Yemeni state, Badheeb added.

Bin Brik hailed the efforts and support provided by Saudi Arabia to Yemen to alleviate the suffering of its people.

Over the past years, the Kingdom has been keen to support the Yemeni economy by depositing cash in the central bank, providing the oil derivatives grant to operate power plants throughout the country, in addition to the SDRPY projects and initiatives, the finance minister said.

Al Jaber, for his part, affirmed the Kingdom’s keenness to support the Yemeni government, its institutions and brotherly people in line with a strategy and a vision that prioritize the people, meet their needs and improve their livelihood.



Saudi Crown Prince Announces Launch of ‘Riyadh Non-Profit Foundation’

Crown Prince Mohammed bin Salman
Crown Prince Mohammed bin Salman
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Saudi Crown Prince Announces Launch of ‘Riyadh Non-Profit Foundation’

Crown Prince Mohammed bin Salman
Crown Prince Mohammed bin Salman

Crown Prince Mohammed bin Salman, Saudi Arabia’s Prime Minister and Chairman of the Royal Commission for Riyadh City, officially launched the Riyadh Non-Profit Foundation on Thursday, forming its Board of Directors. Established by royal decree as an independent entity with special status, the foundation operates under the Royal Commission for Riyadh City.

The foundation's Board of Directors is led by the Crown Prince, with Ibrahim bin Mohammed Al-Sultan, CEO of the Royal Commission, appointed as Vice Chairman and Secretary General, as reported by the Saudi Press Agency (SPA).

The Riyadh Non-Profit Foundation is designed to support and advance institutional and social work in various forms. It aims to foster research, studies, and social initiatives while encouraging community participation in the development of non-profit sector programs that align with its objectives. Additionally, the foundation seeks to promote a strong culture of social responsibility and reinforce the values of community engagement, marking a significant step forward in social development and innovation within the non-profit sector.

The foundation’s key focus is on fostering social development by empowering all segments of society, strengthening social cohesion, and preserving Riyadh’s cultural identity. It will collaborate with government agencies and non-profit organizations to create job opportunities in the social sector.

In the long term, the foundation aims to become a regional and global leader in the design, financing, and implementation of innovative social programs. Its areas of focus will include healthcare, education, arts, culture, and sustainability, all contributing to enhancing the quality of life and advancing social development in Saudi Arabia.

By building an integrated ecosystem, establishing research centers and incubators for social projects, and increasing community participation, the foundation aims to optimize the management and performance of its affiliated entities. This will ensure the fulfillment of its mission while aligning with the developmental priorities outlined in Saudi Arabia's Vision 2030.