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| Education, seen as an egalitarian
right, is one of the main recipients
of Saudi development assistance. |
Saudi government
employees and private businessmen alike
all seem to have one thing in common: they
view their work as a responsibility, a way
of paying back their country for the education
opportunities or commercial success they
have experienced.
As a consequence
of this collective state of mind, both the
government and the private sector play a
large role in the continued development
of society, and are generous to a fault
in providing assistance of all kinds where
it is most needed, at home and abroad.
Abroad is the
key word for the Saudi Fund for Development
(SFD), an institution established to provide
financial assistance, mainly in the form
of soft loans, for projects in developing
countries. Between 1975 and 2004, the SFD
agreed 379 loans to finance 369 developmental
projects and economic programs, to a total
of SR24.8 billion ($6.6 billion). The main
areas of investment are education, health
and infrastructure. The fund comprises
a number of societies and organizations
with diverse objectives that, as a whole,
seek development in all societies,
says Yousef I. Al-Bassam, the SFD Vice-Chairman
and Managing Director.
Working with
utmost transparency and to equally high
standards anywhere in the world, the fund
harmonizes its efforts with other major
funding organizations such as the World
Bank or the Arab Fund. Recently, the SFD
was also charged with providing financing
and insurance services to increase Saudi
non-oil exports. The Saudi Expo program,
as it is known, provides utilities, materials,
expertise, and consultation and assessment
services according to recipients needs.
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Saudis view their
work as a way of paying back the country
for their education and business success
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While there
is little knowledge in the West regarding
womens role in Saudi Arabian society,
one undeniable fact is that women outstrip
men in universities and other higher education
institutions. Saudi Arabias educated
women are no less than their male counterparts,
and commitment to social development is
also one of their strongholds.
Princess Sara
Bint Talal bin Abdulaziz is, among other
things, the Chairwoman of the Down Syndrome
Charity Association (DSCA). Established
in 1998, the DSCA raises public awareness
about the disabled and their needs as well
as their rights. We must make them
a part of the community, says the
princess.
Taking care of other people and each
other is one of the main aspects of Islam.
There are 20,000 cases of down syndrome
in the kingdom, a figure that increases
by 1,000 each year. One of the aims of the
organization is to set up a vocational center
and a
rehabilitation-training center in Riyadh
for female staff, but mainly, DSCAs
head would like to gain recognition for
the organization and its endeavors among
the international community.
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