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KSA Economy News & Discussions

sorry I'm busy in these days.
WHY would anyone banned al-hasani? He always tried to keep the peace.
Everyone would disagree with you. It's because you don't go here often. Go click his profile and check his latest post.

He was banned two days ago, it was HELL. It was him vs the entire PDF users (except Arab users). He started the flamewars with racist comments and stuff like that. So the mod gave up on him.

My evidence is listed below.
@rmi5 @Sinan @xenon54 @Kaan
 
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Everyone would disagree with you. It's because you don't go here often. Go click his profile and check his latest post.

He was banned two days ago, it was HELL. It was him vs the entire PDF users (except Arab users). He started the flamewars with racist comments and stuff like that. So the mod gave up on him.

My evidence is listed below.
@rmi5 @Sinan @xenon54 @Kaan

I checked some of his last/recent activities, + you are Iranian, Iranian are leaders in populism and hatred of Arabs...
anyway I hope he'll be back soon and this is nothing like endless ban or something like that.
 
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@WebMaster

Time to remove all the off-topic posts that do not fit here from some butthurt users to get back to the topic. Please restore order.

Thank you.


Big 5 Saudi opens to backdrop of $195bn construction opportunities

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Jeddah Mayor Hani Abu Ras opens The Big 5 Saudi 2014 exhibition in Jeddah on Sunday.

JEDDAH: ARAB NEWS

Published — Monday 10 March 2014

Last update 9 March 2014 10:06 pm

The Big 5 Saudi opened its door on Sunday with more than 500 local and international exhibitors showcasing the latest technologies and innovations from across the construction industry.
With $195.4 billion worth of construction planned in the Kingdom in the coming three years, and the support and patronage of Minister of Municipal and Rural Affairs Prince Mansour bin Mutaib bin Abdulaziz, this year’s event, opened by Jeddah Mayor Hani Abu Ras on Sunday, is expected to garner significant interest from across all sectors of the industry.
New for this year, The Big 5 Saudi 2014 has launched a two-day free-to-attend seminar series. The seminar series looks at the rapidly changing technologies, materials and techniques of the global construction industry while focusing on the local market’s key drivers and identifying solutions to potential challenges.
In addition, a variety of free-to-attend workshops will run throughout the event, including asset maintenance, concrete repair, project management and an introduction to LEED version four.
Nathan Waugh, event director, The Big 5 Saudi, said: “During The Big 5 Saudi we are bringing together thousands of products and solutions that can help drive forward a sustainable industry.”
“We have also created a comprehensive educational element to this year’s show that provides more in-depth information and analysis. The Kingdom has an estimated $75.61 billion worth of construction projects to be awarded in 2014 alone and this year’s event provides a number of opportunities to understand the most effective ways to support the country’s rapid growth.”
Launched in 2011, The Big 5 Saudi takes place at Jeddah Center for Forums and Events, open till March 12, daily from 4 p.m. to 10 p.m.
The Big 5 Saudi 2014 is supported by diamond sponsor Emirates Steel, the UAE’s largest industrial conglomerate and a driving force for implementing the Abu Dhabi government’s industrial government diversification policy, and gold sponsor Rajhi Steel, which produces a variety of type of steel at its facilities in Riyadh and Jeddah.

Big 5 Saudi opens to backdrop of$195bn construction opportunities | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.
 
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KSA construction projects worth $75.6bn to be awarded this year


Last updated: Monday, March 10, 2014 12:01 AM

JEDDAH – The Big 5 Saudi opened its door on Sunday with more than 500 local and international exhibitors showcasing the latest technologies and innovations from across the construction industry. With $195.4 billion worth of construction planned in Saudi Arabia in the coming three years, and the support and patronage of Prince Mansour Bin Mutaib Bin Abdulaziz, Minister of Municipal and Rural Affairs, this year’s event is expected to garner significant interest from across all sectors of the industry.

The Big 5 Saudi 2014 has launched a two day free-to-attend seminar series. The seminar series looks at the rapidly changing technologies, materials and techniques of the global construction industry whilst focusing on the local market’s key drivers and identifying solutions to potential challenges.

In addition, a variety of free-to-attend workshops will run throughout the event, including Asset Maintenance, Concrete Repair, Project Management and an introduction to LEED version four.

Nathan Waugh, event director, The Big 5 Saudi, said: “During The Big 5 Saudi we are bringing together thousands of products and solutions that can help drive forward a sustainable industry.”

“We have also created a comprehensive educational element to this year’s show that provides more in-depth information and analysis. The Kingdom has an estimated $75,612 million worth of construction projects to be awarded in 2014 alone and this year’s event provides a number of opportunities to understand the most effective ways to support the country’s rapid growth.”

Launched in 2011, The Big 5 Saudi takes place at Jeddah Center for Forums and Events is open until March 12, from 16:00-22:00 hours.

The Big 5 Saudi 2014 is supported by Diamond Sponsor, Emirates Steel, the UAE’s largest industrial conglomerate and a driving force for implementing the Abu Dhabi government’s industrial government diversification policy; and Rahji Steel as Gold Sponsor, producing a variety of type of steel at its facilities in Jeddah and Riyadh. — SG


KSA construction projects worth $75.6bn to be awarded this year | Economy | Saudi Gazette
 
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0c965136-13e4-41af-9d63-902f03a9b30e_16x9_788x442.jpg

Fahad al-Mubarak said an IMF forecast on Saudi Arabia is ‘reasonable and achievable’. (File photo: Reuters)
By Staff writer | Al Arabiya News, Dubai
Sunday, 16 March 2014


The governor of Saudi Arabia’s central bank says the country is likely to hit a 4.4 percent economic-growth forecast for 2014.

Fahad al-Mubarak said the International Monetary Fund (IMF) forecast is “reasonable and achievable”, according to Reuters.

“We see that the private sector will be the main growth driver this year. Government investments continue to be the main driver for private sector growth, so I am optimistic,” Mubarak told a news conference.

“I do not see high risks in specific areas,” he added.

All six Gulf Cooperation Council countries, including Saudi Arabia and the United Arab Emirates, will expand by 4.4 percent in 2014, the IMF said in October.

That is above Saudi Arabia’s economic growth of 3.8 percent in 2013, but still below the figure for the previous two years.

Last Update: Sunday, 16 March 2014 KSA 12:26 - GMT 09:26

http://english.alarabiya.net/en/bus...nk-IMF-s-4-4-growth-forecast-achievable-.html
 
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France offering new mining technology to Saudi Arabia


The French delegation, which includes leading mining companies from France, holds interactive dialogue with businessmen of the Eastern Province at Asharqiya Chamber in Dammam on Wednesday.
Mukbul Ahmad
Saudi Gazette

DAMMAM – France is keen to offer technology and services covering entire gamut of mining sector from exploration to downstream industries in the wake of Saudi Arabia’s plan to transform its nascent mining industry into the “Third Pillar” of the economy after oil and petrochemicals.

A high level mining delegation from France led by Michael Gelenine, Commercial Counselor (Ubifrance) of French Embassy in Riyadh, visited Eastern Province Chamber of Commerce and Industry here Wednesday and introduced its newly developed technology called ‘StruxureWare’ for mining, minerals and metals in Saudi Arabia. The delegation was represented by a number of leading French companies like Alcatel Lucent, Magellium, Technip, Thales, Veolia, PMG Consultant, MCS Mining and Schneider Electric.

During a meeting with the local businessmen, Schneider Electric introduced its newly developed technology and said that it was a comprehensive suite of applications that optimizes production operations to reduce costs and improve sustainability within the mining, minerals and metals operations. “This is the newest addition to our software, noted a representative of Schneider Electric, a global specialist in energy management.

MCS Mining, a newly established joint venture between Modern Chemicals Co. of Saudi Arabia and EPC Groupe from France offered its drilling, blasting and explosive products and services from its two manufacturing sites in the Kingdom. “We are able to cover the entire Saudi market,” said Jean Francois Couvrat of the company.

In addition, French delegation represented an assortment of products and services in mining, oil & gas, petrochemicals, engineering, construction, project management, consultancy and banking services.

Mohammed T. Radwan of the Chamber, in a presentation, focused on investment opportunities in Saudi Arabia particularly in the Eastern Province since it was a strategic location serving as a transit point to other GCC markets.
He said that Saudi Arabia is the largest recipient of FDI in the Arab world and its Eastern Province is the largest in the country in attracting FDI. Eastern Province received $14.582 billion, nearly a third of the Kingdom’s total investment, during the two-year period ending in the third quarter of 2013.

France offering new mining technology to Saudi Arabia | Economy | Saudi Gazette

@Gabriel92

Voilà la bonne nouvelle que je t’apporte aujourd’hui.
 
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France offering new mining technology to Saudi Arabia


The French delegation, which includes leading mining companies from France, holds interactive dialogue with businessmen of the Eastern Province at Asharqiya Chamber in Dammam on Wednesday.
Mukbul Ahmad
Saudi Gazette

DAMMAM – France is keen to offer technology and services covering entire gamut of mining sector from exploration to downstream industries in the wake of Saudi Arabia’s plan to transform its nascent mining industry into the “Third Pillar” of the economy after oil and petrochemicals.

A high level mining delegation from France led by Michael Gelenine, Commercial Counselor (Ubifrance) of French Embassy in Riyadh, visited Eastern Province Chamber of Commerce and Industry here Wednesday and introduced its newly developed technology called ‘StruxureWare’ for mining, minerals and metals in Saudi Arabia. The delegation was represented by a number of leading French companies like Alcatel Lucent, Magellium, Technip, Thales, Veolia, PMG Consultant, MCS Mining and Schneider Electric.

During a meeting with the local businessmen, Schneider Electric introduced its newly developed technology and said that it was a comprehensive suite of applications that optimizes production operations to reduce costs and improve sustainability within the mining, minerals and metals operations. “This is the newest addition to our software, noted a representative of Schneider Electric, a global specialist in energy management.

MCS Mining, a newly established joint venture between Modern Chemicals Co. of Saudi Arabia and EPC Groupe from France offered its drilling, blasting and explosive products and services from its two manufacturing sites in the Kingdom. “We are able to cover the entire Saudi market,” said Jean Francois Couvrat of the company.

In addition, French delegation represented an assortment of products and services in mining, oil & gas, petrochemicals, engineering, construction, project management, consultancy and banking services.

Mohammed T. Radwan of the Chamber, in a presentation, focused on investment opportunities in Saudi Arabia particularly in the Eastern Province since it was a strategic location serving as a transit point to other GCC markets.
He said that Saudi Arabia is the largest recipient of FDI in the Arab world and its Eastern Province is the largest in the country in attracting FDI. Eastern Province received $14.582 billion, nearly a third of the Kingdom’s total investment, during the two-year period ending in the third quarter of 2013.

France offering new mining technology to Saudi Arabia | Economy | Saudi Gazette

@Gabriel92

Voilà la bonne nouvelle que je t’apporte aujourd’hui.


Good for KSA. :cheers:
 
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Career opportunities expo held to help Saudi students

1396981224357552300.jpg

Prof. Suleiman Aba Al-Khail
RIYADH: ABDUL HANNAN TAGO

Published — Wednesday 9 April 2014

Last update 9 April 2014 3:26 am

In a move to enhance career prospects for young Saudi graduates, the Imam Muhammad bin Saud Islamic University (IMSIU) recently organized a Career Day and Employment Expo on its premises with the participation of various companies and institutions.
“The Career Day and Employment Expo contributes to creating career opportunities for Saudi students where they can identify job opportunities based on their skills and knowledge,” Rector of the Imam Muhammad bin Saud Islamic University (IMSIU) Prof. Suleiman Aba Al-Khail said yesterday prior to the opening of the expo at the IMSIU campus.
In a statement Aba Al-Khail said the four-day event organized by the IMSIU reflects the desire of the university to achieve the aspirations of the leadership of this country that would contribute “to creating career opportunities that suit the needs of our students and the Saudi labor market.”
Aba Al-Khail said that a Center for Employment Services and Business Entrepreneurship has been established at the University to organize such events with the participation of various companies and institutions to offer employment and training opportunities to IMSIU graduates.
The first and second day of the event are allocated for male students while the third and fourth are for female students where they will have direct, face-to-face contact with firms that would offer job opportunities to them.
“This event also serves as a platform to create awareness about careers and educate the graduates on methods of searching for jobs electronically during which companies may conduct a personal interview with them,” he explained.
Aba Al-Khail sees such events as providing cooperative training for students in the companies under their training programs which identify the graduates’ needs.
The rector noted the clear directives of the Custodian of the Two Holy Mosques King Abdullah for the creation of jobs for the country’s sons and daughters, meet their employment needs and their active participation in the developments taking place in all fields.

Career opportunities expo held to help Saudi students | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.

The government is spending insane amounts of money on education which is the only right thing. Soon that investment will show.
To read more about the economic spending on education see this link below:

Higher education given top priority | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.
 
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Career opportunities expo held to help Saudi students

1396981224357552300.jpg

Prof. Suleiman Aba Al-Khail
RIYADH: ABDUL HANNAN TAGO

Published — Wednesday 9 April 2014

Last update 9 April 2014 3:26 am

In a move to enhance career prospects for young Saudi graduates, the Imam Muhammad bin Saud Islamic University (IMSIU) recently organized a Career Day and Employment Expo on its premises with the participation of various companies and institutions.
“The Career Day and Employment Expo contributes to creating career opportunities for Saudi students where they can identify job opportunities based on their skills and knowledge,” Rector of the Imam Muhammad bin Saud Islamic University (IMSIU) Prof. Suleiman Aba Al-Khail said yesterday prior to the opening of the expo at the IMSIU campus.
In a statement Aba Al-Khail said the four-day event organized by the IMSIU reflects the desire of the university to achieve the aspirations of the leadership of this country that would contribute “to creating career opportunities that suit the needs of our students and the Saudi labor market.”
Aba Al-Khail said that a Center for Employment Services and Business Entrepreneurship has been established at the University to organize such events with the participation of various companies and institutions to offer employment and training opportunities to IMSIU graduates.
The first and second day of the event are allocated for male students while the third and fourth are for female students where they will have direct, face-to-face contact with firms that would offer job opportunities to them.
“This event also serves as a platform to create awareness about careers and educate the graduates on methods of searching for jobs electronically during which companies may conduct a personal interview with them,” he explained.
Aba Al-Khail sees such events as providing cooperative training for students in the companies under their training programs which identify the graduates’ needs.
The rector noted the clear directives of the Custodian of the Two Holy Mosques King Abdullah for the creation of jobs for the country’s sons and daughters, meet their employment needs and their active participation in the developments taking place in all fields.

Career opportunities expo held to help Saudi students | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.

The government is spending insane amounts of money on education which is the only right thing. Soon that investment will show.
I have a few saudi friends that havn't got the scholarship money yet. The government said that they would get it but they never did. One of my friends dad is an ambassador and he got it right away just like the other diplomat kids I know.

I will delete post after I get a response.:-)
 
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I have a few saudi friends that havn't got the scholarship money yet. The government said that they would get it but they never did. One of my friends dad is an ambassador and he got it right away just like the other diplomat kids I know.

I will delete post after I get a response.:-)

Strange.:o:o_O

The government is spending about $5.3 billion for the 65.000 or so Saudi Arabian students that are studying at US universities. But I am sure that mistakes are sometimes made and I hope that their problem will be solved. Maybe they are not eligible for receiving scholarship money due to them not studying at this moment of time?

I don't know anybody who had those problems.

No problems at all. Post wherever you want to post. It's a free forum after all.:coffee:

Wider world opened to Saudis studying abroad| Reuters
 
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Strange.:o:o_O

The government is spending about $5.3 billion for the 65.000 or so Saudi Arabian students that are studying at US universities. But I am sure that mistakes are sometimes made and I hope that their problem will be solved. Maybe they are not eligible for receiving scholarship money due to them not studying at this moment of time?

I don't know anybody who had those problems.

No problems at all. Post wherever you want to post. It's a free forum after all.:coffee:

Wider world opened to Saudis studying abroad| Reuters
They are studying but they haven't received it yet. except the guys with connections of course.:p:
 
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As per the Most recent ICP World bank economic Report published on 29th april 2014,

KSA GDP PPP has crossed the mark of 1,300Billion dollars

Bravo
 
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