Saturday, 19 January, 2019

Saudi Arabia Donates $10m Worth Of Relief Materials To IDPs

Saudi Arabia Donates $10m Worth Of Relief Materials To IDPs Saudi Arabia Donates $10m Worth Of Relief Materials To IDPs
Melinda Barton | 06 March, 2018, 22:08

Saudi Crown Prince Mohammed bin Salman visited Egypt on Monday to discuss issues focusing on economic cooperation.

For the reform programme to work, the Saudis need to raise capital to fund Vision 2030, and they plan to do this by raising around $100 billion by floating a stake in Saudi Aramco, the state-owned energy company, on the global markets.

He will also have a rare audience with Queen Elizabeth and dinner with Prince Charles, the heir to the throne in Britain, after arriving from Egypt.

The UK leader praised the 32-year-old for pushing through major social reforms - such as allowing women to drive - in the conservative kingdom.

While several cities, including NY and London, are vying to handle the listing, it looks increasingly as though the London Stock Exchange is best-placed to handle it. We need to work together to promote moderate Islam'.

Announced in October by the energetic de facto ruler, Crown Prince Mohammed bin Salman, Neom will try and attract foreign investment to cultivate new industries including water and energy, food, media, advanced manufacturing, biotechnology and entertainment.

But rights groups and opposition lawmakers have criticised London's support for the prince, particularly over the licensing of £4.6billion worth of arms sales to Saudi Arabia since the start of the Yemen conflict.

Anti-war and human rights groups plan a protest outside May's Downing Street office on Wednesday. US President Donald Trump might be lobbying hard to have it handled by Wall Street, but there are fears that if the Saudis opt for NY, they could find themselves liable to costly legal challenges from the families of Islamist terror victims as result of the recent Jasta legislation passed by Congress.

The UK has for decades been a top arms supplier to the oil-rich desert kingdom.

Talks will also include a United States bid to build two nuclear reactors in Saudi Arabia and a civilian nuclear cooperation agreement needed for that to proceed, an industry source said.

The British government attaches great importance to the visit due to the nature of the relations between the two countries, which includes various economic, security and military sectors, as well as the position of the Kingdom of Saudi Arabia as the heart of Arab and Islamic worlds. But it has previously refused to sign up to any agreement that would deprive it of the possibility of one day enriching uranium. "We want to fight terrorism and we want to fight extremism because we need to build stability in the Middle East".