King Salman Says Pandemic Proved Flexibility, Strength of Saudi Economy

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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King Salman Says Pandemic Proved Flexibility, Strength of Saudi Economy

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 stressed on Monday that the novel coronavirus pandemic demonstrated the flexibility and strength of the Saudi economy.

In an address before the Business 20, he said: “We are determined to boost development and prosperity through empowerment and investment in new sectors.”

Minister of Investment Khalid al-Falih read the speech on King Salman’s behalf.

“The empowerment of youth and women are among the main priorities of the G20,” continued King Salman.

Moreover, he stressed that the G20 has been committed to “plugging the financial deficit in the World Health Organization.” It has therefore, contributed 21 billion dollars to support the production of diagnosis tools, treatments, medicines and vaccines, ensuring that they are distributed to all in need.

It has also pumped around 11 trillion dollars to protect the global economy, committing to do “all it can” to overcome the impact of the pandemic.

The G20 has discussed best practices to support the revival of global trade, stimulate economic diversity and boost international investment, continued King Salman.

“We cannot speak about new horizons in the G20 without discussing innovative solutions that can help develop the financial infrastructure, improve global trade systems and protect the private sector,” he said.



KSrelief Distributes 569 Food Baskets in Lebanon’s Koura District

KSrelief distributes 569 food baskets in Lebanon’s Koura district. (SPA)
KSrelief distributes 569 food baskets in Lebanon’s Koura district. (SPA)
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KSrelief Distributes 569 Food Baskets in Lebanon’s Koura District

KSrelief distributes 569 food baskets in Lebanon’s Koura district. (SPA)
KSrelief distributes 569 food baskets in Lebanon’s Koura district. (SPA)

The King Salman Humanitarian Aid and Relief Center (KSrelief) distributed 569 food baskets on Friday to Syrian refugees and the most vulnerable families in the host community of Koura District, located in Lebanon’s North Governorate.

A total of 2,845 individuals benefited from the distribution, which is part of the food assistance project aimed at supporting the neediest families in Lebanon, the Saudi Press Agency said on Sunday.

This initiative reflects Saudi Arabia’s ongoing commitment to humanitarian and relief efforts, implemented through KSrelief, to support vulnerable and affected communities, helping to ease their hardships and improve their quality of life.