Monday, January 19, 2009


SAUDI King Abdullah bin Abdulaziz has announced the donation of $US1 billion ($1.48 billion) for the reconstruction of Gaza and called for putting an end to Arab differences.

"On behalf of the Saudi people, I declare the donation of $US1 billion for programs to rebuild Gaza,'' the Saudi monarch said at the opening session of an Arab summit in Kuwait yesterday.

"We have to overcome Arab political differences that led to a division in the Arab ranks which can be exploited by those who want to achieve their regional ambitions'' King Abdullah said.

He also warned that the Arab peace initiative "will not remain on the table forever''.

Arab leaders are tipped to approve the setting up of a $US2 billion ($2.96 billion) fund for the reconstruction of Gaza.

Kuwait's ruler Sheikh Sabah al-Ahmad al-Sabah announced at the summit's opening his country will donate all $US34 million ($50.28 million) needed by the UN relief agency for refugees, or UNRWA, for its Gaza Strip relief work.
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