2005 News Story
 

01/07/2005
Saudi telethon raises over $69 million for tsunami victims
Citizens and leaders give generously
  Saudi citizens contribute at donation center in Riyadh. Photo courtesy of Arab News

The telethon ordered by Custodian of the Two Holy Mosques King Fahd bin Abdulaziz to raise funds for the victims of the tsunami disaster in the Indian Ocean region is going well.  King Fahd himself has donated SR 20 million [U.S. $5.33 million]; Deputy Prime Minister and Commander of the National Guard Crown Prince Abdullah bin Abdulaziz has donated SR 10 million [$2.66 million], and Second Deputy Prime Minister, Minister of Defense and Aviation and Inspector-General Prince Sultan bin Abdulaziz, SR 5 million [$1.33 million]. 


As of early this morning, donations received amounted to over SR 260 million [$69.34 million]. This amount does not include in-kind contributions from Saudi citizens and companies.

Proceeds from this fundraiser are in addition to the $30 million in aid Saudi Arabia has pledged thus far.  On Tuesday, the Saudi-based Islamic Development Bank pledged $500 million in aid to countries affected by the tsunami for relief operations and reconstruction of devastated areas.

 

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