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Namaa Al-Munawwarah Foundation launched

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Prince Faisal Bin Salman, emir of Madinah, launches the Namaa Al-Munawwarah Foundation in Madinah, Monday. — Courtesy photo

Saudi Gazette report

 

MADINAH — Prince Faisal Bin Salman, emir of Madinah, on Monday announced the launch of Namaa Al-Munawwarah Foundation as the executive arm of Madinah Endowment to support small and medium enterprises in the region.

At a glittering ceremony at Taibah University, Prince Faisal said that in light of the all-round development being witnessed by the Kingdom, especially the projects ordered by Custodian of the Two Holy Mosques King Abdullah for the expansion of the Prophet’s Mosque and development of its surrounding areas, Madinah Endowment was established to be an effective tool in promoting the development work in the region.

Namaa Al-Munawwarah Foundation, he said, is affiliated to Madinah Endowment as a non-profit organization to launch several initiatives to support small and medium enterprises.

The event was attended by Minister of Commerce and Industry Dr. Tawfiq Al-Rabiah, Minister of Labor Adel Fakeih, and Minister of Economy and Planning Dr. Mohammed Al-Jasser.

Source: http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentid=20140917218443

Big Madinah push for SMEs

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SCTA targets 80% Saudization rate in travel, tourism sector

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In this file photo, a folk dance team performs at the summer festival in Namas in Asir province. (SPA)

RIYADH: ARAB NEWS

Published — Saturday 13 September 2014

Last Update 13 September 2014 3:22 am

The Saudi Commission for Tourism and Antiquities (SCTA) has announced a five-year plan to achieve 80 percent nationalization of jobs in the tourism and travel industry, local media reported quoting an SCTA official.
Currently around 15,000 employees work in the tourism sector across the Kingdom, with Saudis constituting 35 percent of the workforce, asserted Abdulaziz Al-Haza, head of the job nationalization commission at the SCTA.
Al-Haza noted that Saudis working at junior level posts earn SR5,500, while those working in senior positions receive SR10,000 per month. He added that nationalization rates would be increased through training programs with entities such as the Human Resources Development Fund (HRDF) and Technical and Vocational Training Corporation (TVTC). The programs aim to employ 570 young Saudi cadres in the sector.
He predicted that the number of Saudis employed in the sector would reach 22,600 by 2020, stressing that all types of jobs would become available for Saudis through support programs organized two times a year.
The support programs will increase the qualifications of employees on a variety of skills such as English, computer, customer services and marketing.

Source: http://www.arabnews.com/saudi-arabia/news/629481