Saudi EXIM Bank Signs MoUs with Tajikistan's State Unitary Bank, AFESD to Enhance Access to Saudi Exports
Sunday 27/11/1446
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Arab News
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Saudi and Jordanian charities help Syrian and Palestinian refugees with food coupons
LONDON: Charitable agencies from Saudi Arabia and Jordan on Monday launched the latest phase of an ongoing food aid project that provides assistance for thousands of people in Jordan in an attempt to tackle growing economic and cost-of-living challenges. The initiative, organized by Saudi aid agency KSrelief in cooperation with the Jordan Hashemite Charity Organization, benefits more 25,000 people, including Syrian and Palestinian refugees and vulnerable Jordanian families, the Jordan News Agency reported. JHCO is distributing food coupons to thousands of families in vulnerable groups with the aim of alleviating financial burdens and helping to meet their essential food needs. The project operates through 103 accredited stores nationwide, providing beneficiaries with with lower-cost access to essential food items. Beneficiaries have expressed gratitude for the initiative, describing it as a 'timely intervention' that has met their urgent food needs amid current challenges, the news agency said. The initiative is one of a series of humanitarian programs provided by the two aid organizations as part of the humanitarian partnership between Jordan and Saudi Arabia.
Argaam
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Thimar to vote on board liability case on Sept. 2
Thimar Development Holding Co. said shareholders will meet on Sept. 2 to vote on authorizing the board of directors to file a liability lawsuit against former board members for the period from March 6, 2017, to July 3, 2021. In a statement to Tadawul, the company said the move relates to violations committed by the former board during that period or earlier, and that all necessary legal measures will be taken. This includes pursuing the ongoing lawsuit and filing any subsequent claims over violations committed during their membership or employment with the company. Thimar added that the violations may relate to the Companies Law, the Capital Market Law and its implementing regulations, or any other applicable laws, in a manner that safeguards the rights of the company and its shareholders. On March 14, Thimar filed a complaint with the Capital Market Authority against the former board from its two previous terms, seeking SAR 230 million in compensation plus amounts arising from litigation, according to Argaam data.
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French Falcon Center sells all its falcons within 5 days at International Falcon Breeders Auction
RIYADH: French falcon breeder Philippe Hertel said all falcons he showcased at the International Falcon Breeders Auction 2025 were sold within five days of the auction's launch. The auction, organized by the Saudi Falcons Club in Malham, north of Riyadh, runs until Aug. 25, with the participation of leading international and local farms. Hertel, owner of Phil Falcons Center, said that this year's sales were far better than in previous years. He said that this year he focused on the quality of the falcons rather than quantity, which was reflected in both demand and results. 'I regularly participate in the auction, and each year we see significant improvements in organization and increased participation,' Hertel said. 'This is a testament to the dedicated efforts of the Saudi Falcons Club to enhance this heritage and encourage investment in the falconry sector.' The event runs for 21 days and brings together top falcon breeds from around the world in the largest event of its kind globally.
