To enter field of industrial investment

27/09/2017 09:35 AST

The Shoura Council called on the Saudi Industrial Development Fund (SIDF) to adopt initiatives aimed at identifying and encouraging women who wish to enter the field of industrial investment and provide financial support and advice to them.

This came on Tuesday during the work of the Council’s 53rd ordinary session of the first year of the seventh session held under the chairmanship of the president of the council, Sheikh Abdullah Al-Asheikh.

In its resolution, the council called on the SIDF to expand the provision of loans to invest in the fields of logistics services, and to develop criteria and indicators to measure the developmental impact of its activities.

The council has also approved a number of amendments to the Civil Service Law issued by Royal Decree No. (49) dated 10/7/97 AH, which included amendments to the formation and regulation of the law.

The assistant speaker of the council, Yahya bin Abdullah Al-Samaan, revealed that the council discussed the report of the Committee on Transport, Communications and Information Technology regarding the annual report of the General Authority of Civil Aviation (GACA) for the fiscal year 1436/1437 AH.

In its recommendations to the council, the committee called on the GACA to oblige airlines to provide the necessary seat capacity for internal passengers and to address the high internal ticket prices.

The committee has also asked the GACA to complete the self-service system for all airports, and to oblige airlines to develop effective mechanisms to address the problems of customers and notify them within a maximum of fifteen days of filing the complaint.

The council then discussed the report of the Hajj, Housing and Services Committee on the annual report of the Ministry of Hajj and Umrah for the fiscal year 1436/1437 AH.

In its recommendations to the council, the committee called on the Ministry of Hajj and Umrah to discuss with the appropriate authorities the expansion of the restrooms assigned for pilgrims in places considered by the ministry. The ministry was also asked to study the possibility of raising the capacity of the tents in coordination with the authorities.


Arab News

Ticker Price Volume
QNBK 198.00 248,502
APPC 54.70 107,836
SAICO 11.30 129,220
ALMARAI 54.00 281,713
WALAA 24.50 120,129
SABIC 121.00 1,411,876
PETROCHEM 25.80 61,060
MENA printing business to grow to $32bn in 2019

27/12/2018

The Middle East and North Africa (MENA) region continues to present one of the world’s key growth regions for printing.

In 2019, the total value of the commercial print business in MENA is

Saudi Gazette

Raysut Industrial Estate holds meeting with investors

27/12/2018

The Quality Improvement Committee at Raysut Industrial Estate held its first meeting chaired by Eng. Hamad Al Qasabi, Director General of the estate and the committee’s chairman.

The meetin

Times of Oman

UAE, Chechnya explore economic cooperation

27/12/2018

The Zayed Fund for Innovation and Entrepreneurship, established by the Khalifa Fund for Enterprise Development, is contributing to the economic development of Chechnya with a number of projects.

Gulf News

Oman’s first wind turbine installed in Dhofar

27/12/2018

Masdar, the Abu Dhabi Future Energy Company, announced yesterday the installation of the first of 13 turbines at the 50 megawatt (MW) Dhofar Wind Farm. Located in Dhofar Governorate, the project is f

Oman Daily Observer

UAE on fast track to attracting investment and world talent

27/12/2018

The UAE has moved ahead of other regional and overseas destinations in positioning itself as a hub for investment and international talent, say experts at STA Law Firm.

The introduction of

The Gulf Today