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King Salman’s team takes charge in Saudi Arabia

February 2, 2015

Jeddah, Feb 2: Saudi Arabia is all set for a new era under Custodian of the Two Holy Mosques King Salman as the newly appointed ministers and regional governors took oath of office in front of the king at Al-Yamamah Palace on Sunday.

team

King Salman urged the new governors and ministers to give top priority for the welfare and prosperity of citizens. “May Allah help us all to serve our religion, nation and people,” the king said in a brief speech.

He expressed his confidence in the new governors and ministers who took oath of office on Sunday, describing them as “the roots of this country founded by King Abdul Aziz.”

He highlighted Saudi Arabia’s position as the heart of the Muslim world and the cradle of Islam.

King Salman called upon Saudis to strengthen their unity and solidarity to bolster the Kingdom’s security and stability. He noted the great contributions made by previous kings.

“King Abdullah always advised me to give top priority for our citizens and our religion,” the king said.

Makkah Gov. Prince Khaled Al-Faisal, Riyadh Gov. Prince Faisal bin Bandar, State Minister Prince Mansour bin Miteb, National Guard Minister Prince Miteb bin Abdullah, Defense Minister Prince Mohammed bin Salman, and Islamic Affairs Minister Saleh Al-Asheikh, Education Minister Azzam Al-Dakhil and Culture and Information Minister Adel Al-Toraifi were sworn in during the ceremony. They swore separately: “In the name of Allah, the most gracious, the most merciful, I swear by Allah Almighty to be loyal to my religion, king and country, and not to divulge the state secrets, to maintain its interests and regulations, and to perform my duties sincerely, honestly and faithfully.”

Other ministers who took oath were: Justice Minister Walid Al-Samaani, State Minister Matlab Al-Nafeesa, State Minister Musaed Al-Aiban, Petroleum and Mineral Resources Minister Ali Al-Naimi, Finance Minister Ibrahim Al-Assaf, Water and Electricity Minister Abdullah Al-Hussayen and Labor Minister Adel Fakeih.

Housing Minister Shuwaish Al-Dhuwaihi; Haj Minister Bandar Hajjar; Economy and Planning Minister Mohammed Al-Jasser, Minister of Commerce and Industry Tawfiq Al-Rabiah, Minister of State for Shoura Affairs Mohammed Abusaq, Minister of State Essam bin Saeed; Minister of Transport Abdullah Al-Muqbil, Minister of Communications and Information Technology Mohammed Al-Suwaiyel; Minister of Social Affairs Majed Al-Qassabi, Minister of State Saad Al-Jabri, Minister of State Mohammed Al-Asheikh; Minister of Municipal and Rural Affairs Abdul Latif Al-Asheikh; Minister of Health Dr. Ahmed Al-Khateeb; Minister of Civil Service Khaled Al-Araj, Minister of Agriculture Abdul Rahman Al-Fadli, and Assistant Shoura President Yahya Al-Samaan.

In a statement after taking oath, Al-Toraifi thanked King Salman for the appointment. “I thank the king for the trust bestowed on me. I value this trust and I am proud of it. I hope that I will live up to the expectations.”

Abdul Rahman Al-Zamil, president of the Council of Saudi Chambers, said he expected a new era of cooperation between the public and private sectors during King Salman’s era.

“There has been high optimism in business circles after King Salman ascended the throne,” he said.

Al-Zamil commended King Salman’s open-door policy that gave an opportunity for citizens to present their complaints to government departments. “We know King Salman for the last 50 years as governor of Riyadh,” he said while praising his efforts to make Riyadh a world-class city.

Samira Al-Suwayegh, chairperson of the Executive Council for Businesswomen at Asharqia Chamber, said the new decisions issued by the king would help achieve sustainable development. “It will also open new horizons of progress in the economic sector and open the door for women to participate in economic and investment ventures inside and outside the Kingdom,” she said.

Rima Al-Shahrani, a businesswoman, said King Salman’s programs would have a positive impact on the national economy and create more job opportunities for Saudi men and women. “It will also improve the living condition of citizens across the country,” she added.

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MURUGAN RAMASAMY
 - 
Wednesday, 24 Feb 2016

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News Network
May 5,2020

Dubai, May 5: A Saudi ministerial decision issued on Monday allows companies in the private sector to reduce salaries by 40 per cent and allows termination of contracts owing to the economic hardships resulting from the COVID-19 pandemic, according to daily newspaper Al Sharq Awsat.

The new decision was still not published by the cabinet according to the newspaper.

The decision which the newspaper saw a copy of was signed by Saudi Ministry of Human Resources and Social Development to regulate the labour contract in the current period, allows employers to reduce the employees salaries by 40 percent of the actual effective wage for a period of 6 months, in proportion to the hours of work and allowing the termination of employee contract after 6 months of the COVID-19 circumstances.

The new decision has also included a provision in which the employer would be allowed to cut wages even he or she benefits from the subsidy provided by the goverment, such as those for helping pay workers wages or exemption from government fees.

The decision also stressed that employers are not allowed to terminate any employee, unless three conditions are met.

1.            First the passing of six months since the measures of salary cut has been taken

2.            Reducing pay, annual leave and exceptional leave were all used

3.            Company proves that its facing financial troubles due to the circumstances.

The memo, which goes into affect as soon as its published in the government’s official newspaper, ensures that the employee will receive his/her salary if on annual leave within the period of 6 months.

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News Network
May 5,2020

Abu Dhabi, May 5: The overall real GDP (gross domestic product) of the United Arab Emirates is estimated to have grown by 1.7 percent in 2019, the country’s central bank said in a statement on Monday carried by WAM.

"The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 percent in 2019. However, non-oil activities advanced at a softer pace growing by 1.0 percent. As a result, overall real GDP is estimated by FCSA (Federal Competitiveness and Statistics Authority) to have grown by 1.7 percent in 2019," said the financial regulator in its Annual Report 2019.

"The spread of COVID-19 is expected to impact trade and supply chain movements, coupled with travel restrictions which paves way for high volatility in capital markets and commodity prices. While the outbreak is expected to negatively affect the global and domestic economies, it is still early to gauge the scale of the economic fallout," the report added.

The report noted that the higher hydrocarbon output, as well as growth in non-hydrocarbon economic activity, supported the pace of the country's overall economic growth in 2019.

"Meanwhile, the fading effect of VAT, the appreciating Dirham, lower energy prices and decline in rents pushed inflation in negative territory. However, the employment rate registered a steady rebound. Looking ahead, the economic outlook for 2020 remains uncertain owing to the COVID-19 outbreak," the report elaborated.

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Agencies
July 22,2020

Riyadh, Jul 22: Saudi King Salman held a cabinet meeting via video call from hospital in the capital Riyadh on Tuesday, a day after the 84-year-old monarch was admitted with inflammation of the gall bladder.

Three Saudi sources said the king was in stable condition.

A video of the king chairing the meeting was broadcast on Saudi state TV on Tuesday evening. In the video, which has no sound, King Salman can be seen behind a desk, wordlessly reading and leafing through documents.

The king, who has ruled the world’s largest oil exporter and close US ally since 2015, was undergoing medical checks, state media on Monday cited a Royal Court statement as saying.

Three well-connnected Saudi sources who declined to be identified, two of whom were speaking late on Monday and one on Tuesday, said the king was “fine”.

An official in the region, who requested anonymity, said he spoke to one of King Salman’s sons on Monday who seemed “calm” and that there was no sense of panic about the monarch’s health.

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