Saudi Press: Saudi Arabia's Role in Serving Islam and Muslims, Moderation and Tolerance Values Conference to Kick off Today

Wednesday 1442/7/19 - 2021/03/03
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Riyadh, March 03, 2021, SPA -- Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas.
Al-Bilad newspaper said in its editorial that the Kingdom of Saudi Arabia has been a pioneer in consolidating the values of moderation and tolerance, not only in its consistent approach locally, but in its regional and global role and in its relations with other countries.
The newspaper added that now is the time to draw attention to Saudi Arabia's vital role in combating extremism, radicalization and terrorism, and presenting the true image of Saudi Arabia that promotes peace and security around the world.
As a result, Imam Mohammed bin Saud Islamic University (IMSIU) will launch today a two-day international conference titled "Efforts of the Kingdom of Saudi Arabia's in the Service of Islam and Muslims, and Consolidation of Moderation and Tolerance Values" under the patronage of His Royal Highness the Crown Prince.
In another context, Al-Eqtisadiah newspaper reported in its editorial that the Kingdom of Saudi Arabia’s pledge of USD 430 million to fund the United Nations Yemen Humanitarian Response Plan 2021 falls within the scope of Saudi Arabia's well-known humanitarian strategy. Since the country's unification by its founder and until this prosperous era, the Saudi humanitarian aid remains an integral part of the country's regional and international policy.
The newspaper added that the Yemen Humanitarian Response Plan 2021 is not the only one in fact. It was preceded by similar plans organized since 2018, and the Kingdom of Saudi Arabia has always been a top donor.
The newspaper concluded that Saudi Arabia’s latest pledge, which was presented through King Salman Humanitarian Aid and Relief Center (KSrelief), comes within the efforts made to meet the needs of Yemeni people.
Okaz newspaper reported in its editorial that the bank mergers contribute to creating strong financial entities that enhance the strength of the financial sector.
In this regard, the newspaper pointed to the announcement of the National Commercial Bank (NCB) and the Samba Financial Group (Samba) that their shareholders have approved the historic merger to create a new Saudi banking champion and a regional powerhouse that contributes to achieving Vision 2030, which reflects the strength of the Saudi economy.
The Saudi National Bank, the merged entity, is scheduled to launch operations on 01 April, 2021. It will be the largest financial facility in the Kingdom of Saudi Arabia with total assets exceeding SAR 896 billion.
09:38 LOCAL TIME 06:38 GMT