Day: April 10, 2023

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President of FEI Describes Saudi Arabia’s Show Jumping Infrastructure as Great for Hosting 2024 World Cup

The President of the International Equestrian Federation (FEI) Ingmar De Vos has commended the infrastructure of Show Jumping in Saudi Arabia after the Kingdom received the flag of hosting the 2024 FEI World Cup Finals for Jumping and Dressage on the final day of the Longines FEI Jumping World Cup, which was held in the United State’s city of Omaha.

The President of the FEI expressed his optimism about the ability of the Saudi Arabian Equestrian Federation to succeed in organizing and presenting a wonderful image of the sport of Show Jumping and Dressage in Saudi Arabia in light of its great capabilities and wonderful infrastructure.

During her speech at the ceremony of handing over the hosting flag to Saudi Arabia, CEO of Burlington Capital Group LLC and board member of Omaha Equestrian Foundation Lisa Roskens called on Show Jumping and Dressage’s fans to visit Riyadh next April to attend the 2024 FEI World Cup Finals for Jumping and Dressage.

In April 2024, the Kingdom is scheduled to host the largest equestrian event, on the grounds of the Riyadh International Convention and Exhibition Center in Riyadh.

Source: Saudi Press Agency

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Finance Minister Heads Saudi Arabia’s Delegation to IMF-World Bank 2023 Spring Meetings

Minister of Finance, Mohammed Al-Jadaan, is heading the Kingdom’s delegation in the upcoming 2023 World Bank Group and International Monetary Fund Spring Meetings, as well as for the 2nd meeting of G20 Finance Ministers and Central Bank Governors.

The Saudi Delegation will also include the Governor of Saudi Central Bank (SAMA) Ayman Alsayari, the CEO of the Saudi Fund for Development Sultan Almarshad, the Assistant Minister of Finance for Macro-Fiscal Policies and International Relations Abdulmuhsen Alkhalaf, the Deputy Minister for International Affairs Dr. Ryadh Alkhareif, the Deputy Minister for Macro-Fiscal Policies Thamer Aljared, and number of specialists from the Ministry of Finance, Saudi Central Bank, Saudi Fund for Development, and the Zakat, Tax and Customs Authority.

The Minister will attend the meetings of both the International Monetary and Financial Committee (IMFC) of the IMF and the Development Committee (DC) of the World Bank Group. The IMFC will discuss the global economy developments and advises the IMF on the direction of its work as well as the priorities of the coming period. The DC will discuss the Evolution of the World Bank Group, with the aim of better addressing the scale of development challenges.

In addition, the Minister and the Governor will attend the 2nd G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting on 12-13 April 2023 under the Indian Presidency. The meeting will foster in-depth discussions on risks to the global economic recovery that have materialized since their February meeting

Source: Saudi Press Agency

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KSrelief Distributes Over 39 Tons of Food Baskets to Syrian and Palestinian Refugees in Lebanon

King Salman Humanitarian Aid and Relief Center (KSrelief) distributed 39 tons of food baskets on Saturday to Syrian and Palestinian refugees, as well as needy families in the host community of Akkar Governorate in the Lebanese Republic. This distribution is part of a larger project aimed at supporting food security in Lebanon throughout 2023.

This comes within the framework of the humanitarian and relief projects provided by the Kingdom of Saudi Arabia, represented by the KSrelief, to the refugees and the needy people in Lebanon.

Source: Saudi Press Agency