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2 clusters · 6 sources · 4 days · First seen · Last updated

Saudi Arabian aid and development in Sudan and Syria

Overview

Saudi Arabia has expanded its humanitarian and developmental engagement in Sudan and Syria. Through the King Salman Humanitarian Aid and Relief Center (KSrelief), the Kingdom launched the Athar Program in Sudan to provide medical treatments, surgeries, and health-related economic training. In Syria, KSrelief has focused on rehabilitating homes and providing shelter in coordination with the UNHCR to assist refugees.

Efforts in Syria have since progressed toward large-scale economic reconstruction. Discussions held in Bangkok regarding a potential $1.5 billion funding package have led to the Saudi Fund for Development approving an initial $406 million in concessional loans. This funding targets critical infrastructure, including electricity, water, health, and housing, to support the “Syria without camps” vision. This movement toward reconstruction is being supplemented by reviews of various energy and agriculture projects by the International Finance Corporation.

Entities

Sudan · International Finance Corporation · Multilateral Investment Guarantee Agency · King Salman Humanitarian Aid and Relief Center · Saudi Arabia

Timeline

  1. [BUSINESS] 4 sources
    Saudi Arabia to fund $1.5 billion in Syrian development projects

    Saudi Arabia is set to provide an initial $406 million in concessional loans to Syria, part of a broader $1.5 billion funding plan for infrastructure, health, and energy projects.

  2. [INTERNATIONAL] 2 sources
    Saudi Arabia expands humanitarian aid in Sudan and Syria

    Saudi Arabia is expanding its humanitarian footprint through the Athar Program in Sudan and supporting refugee rehabilitation and reconstruction efforts in Syria via KSrelief.

Sources

albiladpress.com · arabnews.pk · b2b-sy.com · halabtodaytv.net · hdhod.com · leaders-mena.com