Alwaleed Philanthropies allocates $30m to fight Covid-19

      Published on Tuesday, 28 April , 2020      1639 Views     
Alwaleed Philanthropies allocates $30m to fight Covid-19


Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud’s Alwaleed Philanthropies has allocated $30m to a number of initiatives working to battle the Covid-19 pandemic, it has announced.

The $30m in funds includes a significant allocation towards initiatives such as UN-Habitat to improve water, sanitation and hygiene in vulnerable communities and to establish shelters and fix damaged houses to address overcrowding and enable social distancing in disadvantaged neighbourhoods.




The allocation of funds comes to after Prince Alwaleed made available a number of his assets – including the Four Seasons Hotel, Kingdom Schools and Banque Saudi Fransi – to help Saudi Arabia combat Covid-19.

Additionally, Alwaleed Philanthropies (Lebanon) helped repatriate hundreds of Lebanese students back from France, Italy and Spain.

“In these times of unprecedented crisis it is more important than ever that we pull our resources together in the battle against Covid-19,” Prince Alwaleed said.

“With many developed nations struggling to cope with the Covid-19 pandemic, we must spare a thought for the developing countries of Africa and the less fortunate countries in the Middle East,” he added.



The statement added that Alwaleed Philanthropies will be working with Gates Philanthropy Partners to fund a number of health projects to accelerate the development of therapeutics and delivery of diagnostics to protect vulnerable populations in Africa.

Keywords:
Category Coronavirus, Lifestyle, Saudi News | 2020/04/28 latest update at 5:00 PM
Source : Arabian Business | Photocredit : Google
1640 Views
Comments Add comment



Gulf Media

Related Articles

The editorial staff of Saudi Arabia Today would like to give all of its readers from Gulf and Saudi Arabia and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Saudi Arabia Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Saudi Arabia, the Gulf and the world.


Sponsored Publications