Aramco unit gives $2m to help fight virus

Saudi Aramco became the world’s most valuable public company this year with a stock offering launch in December. (AP)

RIYADH (RAHNUMA) A Saudi Aramco unit has given $2 million to aid the fight against the coronavirus.

Aramco Trading Company donated the money to the Health Endowment Fund established by the Kingdom’s Ministry of Health.

“It is important that during such tough times, Saudi corporations and individuals continue to demonstrate solidarity behind those fighting on the front lines to withstand this pandemic,” said Ibrahim Q. Al-Buainain, president and CEO of Aramco Trading.

“This amount is to support our heroes in the health sector who are working around the clock to ensure that our people and community are safe.”

He added: “Although this global pandemic is spreading rapidly as the days go by, we are confident that our government is taking unprecedented measures to minimize its impact on our nation.”

Despite the effect of the pandemic on the global energy sector, ATC has maintained uninterrupted operations through its offices in London, Singapore and the UAE.

On Thursday the Saudi health ministry said that deaths from the illness had risen to 21 while 1,885 infections were reported.

The Kingdom also said it was implementing a 24-hour curfew in the holy cities of Makkah and Madinah to curb the spread of coronavirus, the Saudi Press Agency reported.

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