Saudi king Salman to launch 'entertainment city' near Riyadh

Agencies
April 24, 2018

Riyadh, Apr 24: Saudi King Salman will launch the construction of an "entertainment city" near Riyadh on Wednesday, authorities said, part of a series of multi-billion dollar projects as the kingdom seeks to diversify its oil-reliant economy.

The 334-square kilometre project in Qiddiya, southwest of Riyadh, would rival Walt Disney and include high-end theme parks, motor sport facilities and a safari park, officials say.

The facility highlights a "relentless effort to develop giga-projects that will help achieve many direct and indirect economic returns", project official Fahd bin Abdullah Tounsi was quoted as saying in a government statement on Monday.

Qiddiya chief executive Michael Reininger said he expects the project will draw foreign investors in entertainment and other sectors, but did not specify the total cost of construction.

Such projects are the brainchild of Crown Prince Mohammed bin Salman, a self-styled liberal change agent who is the chief architect of the sweeping "Vision 2030" reform programme.

Saudi Arabia has dazzled investors with several plans for hi-tech "giga projects", funded in part by its sovereign wealth fund, but some sceptics question their viability in an era of cheap oil.

The kingdom has unveiled blueprints to build NEOM, a mega project billed as a regional Silicon Valley, in addition to the Red Sea project, a reef-fringed resort destination -- both worth hundreds of billions of dollars.

Analysts say the projects could create funding pressures at a time when the government faces a yawning budget deficit and growth in the kingdom`s non-oil economy is only slowly gathering pace.

The reform stems partly from an economic motive to boost domestic spending on entertainment as the kingdom has been reeling from an oil slump since 2014.

Saudis currently splurge billions of dollars annually to see films and visit amusement parks in neighbouring tourist hubs like Dubai and Bahrain.

In February, Saudi Arabia`s General Entertainment Authority (GEA) announced it will stage more than 5,000 festivals and concerts in 2018, double the number of last year, and pump $64 billion in the sector in the coming decade.

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abdul
 - 
Friday, 27 Apr 2018

next dance bar in Salaman palace 

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Agencies
January 4,2020

Baghdad, Jan 4: At least five people were killed on Saturday by an airstrike on a vehicle convoy of Iraq's Shia Popular Mobilization Forces in northern Baghdad, a source in security forces told Sputnik.

Earlier in the day, the source told Sputnik about a powerful explosion in Baghdad's northern district of Taji.

"A vehicle convoy of the Popular Mobilization Forces has been attacked. According to preliminary data, five people have died. Their names have not been clarified so far," the source said.

On Friday, several senior members of the Popular Mobilization Forces, as well as commander of the elite Quds Force of Iran's Revolutionary Guard Corps Qasem Soleimani, were killed by a US drone attack near the Baghdad International Airport.

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News Network
April 9,2020

Apr 9: The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, adopted a resolution to grant paid leave to select categories of employees at the federal government.

This move is part of a series of precautionary measures and procedures taken by the UAE government to bring the Covid-19 pandemic under control.

The resolution stipulates that married employees of the federal government may take fully paid leave to take care of their children below the age of 16. The age condition shall not apply to people of determination, as well as in cases where a spouse is subject to self-isolation or quarantine that requires no contact with family members, upon a decision from the Ministry of Health and Prevention.

The resolution also applies to employees whose spouses work in vital health-related occupations, such as doctors, nurses, paramedics and other medical jobs that require exposure to infected people, as well as employees of quarantine centres, throughout the emergency period witnessed by the country.

Pursuant to the resolution, the relevant ministry or federal authority may ask employees holding essential technical occupations to work remotely instead of taking leave.

The resolution was issued in line with the UAE government's keenness to support employees and provide them with a safe and healthy working environment, as well as to protect the health and safety of government employees and their families, during the current crisis that requires greater efforts, additional working hours, and in some cases, exposure to infected people.

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Khaleej Times
June 7,2020

Dubai, Jun 7: Emirates airline on Sunday confirmed that it extended the period of reduced pay for its staff for another three months as airlines around the world struggle to preserve cash due to the grounding of fleets.

An e-mail has been sent across to Emirates employees about extending the wage cuts till September 30. In some cases, the salary will be reduced by 50 per cent.

Emirates had previously reduced basic wages by 25 to 50 per cent for three months from April, with junior employees exempted.

The Dubai-based world's largest international carrier employs around 60,000 people across its spectrum. While the parent Emirates Group employs over 100,000 workers.

On Thursday, Abu Dhabi-based Etihad Airways confirmed to Khaleej Times that it also extended salary cut of its employees till September 2020.

"Regretfully, Etihad has extended its salary reduction until September 2020, with 25 per cent reduction for junior staff and cabin crew, and 50 per cent for employees at manager level and above. Housing allowance and a number of benefits continue to be paid," the airline's spokesperson said in a statement last week.

In March, Etihad had announced temporary reduction of basic salaries for the month of April to all staff, including executives, between 25 to 50 per cent.

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