Wednesday, January 19, 2011
Saudi Arabia always pledges money but rarely delivers
"Saudi Arabia has pledged $500 million for a $2-billion Arab League fund to  support small and medium enterprises (SMEs) and create jobs for citizens in Arab  countries, Finance Minister Ibrahim Al-Assaf said on  Tuesday.  Speaking to reporters  here after attending a meeting of the Arab Economic and Social Council, he said  the Saudi contribution accounted for 40 percent of the amount deposited in the  fund's account."