Prince Saud upbeat on Saudi-Indian ties

July 15, 2014

Prince Saud

Jeddah, Jul 15: Prince Saud bin Musaed bin Abdul Aziz, president of the Gammon Group, has highlighted the strong relationship between Saudi Arabia and India.

“We hope the Saudi-Indian relations would reach greater heights in the coming years,” he said while addressing an iftar party organized by the group.

He said many major Indian companies are interested in doing business in Saudi Arabia to make use of the growing investment opportunities in the Kingdom.

“Last year, more than 35,000 Saudis visited India for education and medical treatment,” the prince said, while commending the role played by Indian expatriate workers in boosting the Kingdom’s development in various sectors.

Shaikh Mohammed Rafik, chairman of Gammon Group, said more than 20 international companies, including those from India, Canada, Australia, Malaysia and China, have agreed to establish their plants in the new industrial city being developed by Gammon in Jazan.

“We are looking for investors in areas required by the Kingdom, including automobiles. We are in talks with a South Korean company to establish an automobile plant in Jazan,” Rafik told Arab News.

The new industrial city is expected to draw investments worth SR75 billion, the chairman said, adding that it would create about 100,000 jobs. He commended Prince Turki bin Mohammed bin Nasser, director of international trade at the Ministry of Commerce and Industry, for his efforts to speed up establishment of the industrial city.

He added that Prince Turki has been authorized by the government to develop the city by bringing in foreign investors to build the city’s entire infrastructure facilities, such as roads, bridges, commercial centers, power plants, water treatment plants, oil refinery and petrochemical plants.

“If major companies are ready to invest and transfer their technology, the government will pay them 75 percent of their project cost in soft loans for 20 years,” Rafik told Arab News.

The iftar party was attended by prominent personalities, including Indian Consul General B.S. Mubarak, British Consul General Mohammed Shaukat, South African Consul General Ebrahim Edries, Khaled Almaeena, former editor in chief of Saudi Gazette, Tariq Mishkhas, editor in chief of Urdu News and Malayalam News, Dr. Faiz Al-Abideen, CEO of Gammon Group, A.P. Abubacker Musliyar, general secretary of All-India Jameyat Al-Ulema, and Syed Bashirali Shihab Thangal.

Comments

Dorthea
 - 
Saturday, 19 Mar 2016

Right here is the right web site for everyone
who wishes to find out about this topic. You realize a whole lot its almost hard to argue with you (not that I actually will
need to…HaHa). You certainly put a new spin on a topic which has
been discussed for decades. Great stuff, just wonderful!

My web page; Lettie Bouley: http://gdzieulokowacoszczednosci.medicsen.eu

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 23,2020

Riyadh, June 23: Saudi Arabia has decided to go ahead with the Hajj pilgrimage with strict health measures and protocols in an effort to prevent the spread of covid-19.

Minister of Health Dr. Tawfiq Al-Rabiah and Minister of Hajj and Umrah Dr. Muhammad Saleh Benten today addressed a joint virtual press conference today. 

Minister of Hajj expected that number of domestic pilgrims performing the pilgrimage this year will not be more than 10,000. He also confirmed that no pilgrims from outside the Kingdom will be allowed to perform Hajj this year.

Dr. Al-Rabiah said pilgrims should be less than 65 years of age and not suffering from any chronic diseases.

The Hajj pilgrimage, which is one of the five pillars of Islam and a must for able-bodied Muslims at least once in their lifetime, will this year only welcome a “limited number” of people from inside the Kingdom, authorities had said on Monday.

Every year, about 2.5 million pilgrims visit the holiest sites of Islam in Makkah and Madinah, which could make it a possible breeding ground for the disease.

To prevent COVID-19 from spreading among pilgrims, the health ministry, in collaboration with the Ministry of Hajj and Umrah, has developed the plan to ensure the safety of all visitors.

“We have worked with the Ministry of Health to develop preventative and precautionary measures and protocols that are needed to ensure a safe Hajj season,” Benten said.

Protocols:

1. No more than 10,000 people will be allowed to perform the Hajj pilgrimage.

2. All pilgrims will be tested before they reach the holy sites.

3. Only those under the age of 65 will be allowed to perform Hajj this year.

4. All pilgrims will be asked to self-quarantine after they complete the Hajj rituals.

5. All workers and volunteers will be tested before the Hajj pilgrimage begins.

6. The health status of all pilgrims will be monitored daily.

7. A hospital has been prepared for any emergency that occurs during the pilgrimage.

8. Social distancing measures will be enforced.

Comments

SAN
 - 
Tuesday, 23 Jun 2020

Please check its 1000 or 10,000

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
June 22,2020

Riyadh, Jun 22: The Ministry of Municipal and Rural Affairs (MMRA) in Saudi Arabia has announced the continuation of the ban on providing Shisha (hubble-bubble), and the closure of children's play areas in restaurants as a precautionary measure for protecting the health of citizens and residents from the novel coronavirus COVID-19 infection.

The new stage, in which the Kingdom is beginning to coexist with the virus, focuses on the concept of "social distancing" that has emerged since the start of the coronavirus crisis throughout the world,

It stipulates leaving at least 2 meters between one person and the other in public places to prevent the transmission of infection, in addition to covering the mouth and nose by wearing a facemask.

It also specifies complying with the preventive protocols in workplaces, stores, shops, mosques and tourist attractions, with human gatherings not to exceed 50 people, as a maximum.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.