Saudi Arabia raises US$31 million for tsunami-hit Asia
7/1/2005 11:31
Saudi Arabia's nationwide fund- raising campaign for victims of the Asian
tsunami collected more than 117 million riyals (about US$31.27 million) in its
first day. The campaign, initiated by King Fahd bin Abdul Aziz and Crown
Prince Abdullah, began Thursday afternoon and was set to continue until early
Friday morning, the official Saudi Press Agency said. The first donation was
announced 45 minutes after the launch of the campaign, and came from a Saudi
national in the Eastern Province who pledged US$266,600. The biggest donor in
the country has so far been the construction company Saudi Oger, owned by former
Lebanese Prime Minister Rafiq Hariri, which pledged US$6.7 million. King Fahd
pledged US$5.3 million, while Crown Prince Abdullah gave US$2.7 million. Defense
Minister Prince Sultan bin Abdul Aziz offered US$1.3 million. On Tuesday,
King Fahd announced that in view of the unexpected severe damage caused by the
quake and tsunami in Asia, his country will increase its aid by US$20 million to
US$30 million. Earlier, Saudi Arabia promised to donate US$10 million in
emergency aid to tsunami-hit Asian countries. The aid includes US$five million
in cash and another US$five million worth of disaster relief material, food and
medicine. The Dec. 26 quake and tsunami, which devastated many Asian
countries, killed about 150,000 people and left millions homeless.
Xinhua
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