Financial and Banking News

AID FLOWS

Saudi Red Crescent Society Donates $30mn to Africa 

The Saudi Red Crescent Society (SRCS) has raised $30mn from Saudi citizens for victims of the African drought, according to Mr. Osamah Faquih, the Saudi Deputy Minister of Finance. He added that 32 tons of foodstuffs, as well as clothes and ambulances, have also been collected. SRCS has five distribution centers in Sudan and will establish similar centers in Mali, Niger and other African...