The Saudi regime continues to support Israeli violations against Palestinians
Following the construction of the land corridor that will connect Saudi Arabia and Israel and provide the occupation with all of the food and necessities it requires, the Saudi authorities have decided to stop all financial transfers to Palestine without providing an explanation.
All banking and financial transfers, whether private or business, as well as transfers made to all regions of Palestine via Western Union or MoneyGram, are covered by the decision, according to official sources who asked to remain anonymous.
As a result of this decision, any Palestinian citizen living in Saudi Arabia will no longer be able to send money directly to his family in the West Bank or Gaza. This will have an impact on the Palestinian economy, which was 18% dependent on remittances from the approximately 500 thousand Palestinians living in Saudi Arabia, according to estimates from the Department of Refugee Affairs of the Palestine Liberation Organization.
Based on data from the World Bank, the economic impact of Palestinian expatriates worldwide was estimated to be approximately $3.5 billion by the end of 2022.
This decision comes in light of the economic siege imposed by the Israeli occupation on Palestine, in addition to the deadly siege imposed on Gaza since the outbreak of the 7 October war, which is now causing a major famine that threatens a population of 2.2 million people, half of whom are children.
It is important to remember that the Saudi regime started persecuting Palestinians living on its territory years ago, following a campaign of violent arrests against dozens of Palestinians for their anti-occupation activism. Due to unfair trials that resulted in convictions, many of them are still serving lengthy prison sentences.
