Young entrepreneurs asked to contribute to country’s development

Updated 17 December 2013
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Young entrepreneurs asked to contribute to country’s development

Riyadh Gov. Prince Khaled bin Bandar on Sunday honored a group of 30 young Saudi entrepreneurs and encouraged them to participate in constructive activities to boost the Kingdom’s development.
The honoring ceremony was organized by the Riyadh Chamber of Commerce and Industry (RCCI) in collaboration with Forbes Middle East magazine at the Ritz Carlton.
Prince Muhammad bin Salman, chairman of the Prince Salman Center for Youth, won the award for “Personality of the Year” aimed at supporting entrepreneurs in the Kingdom.
Prince Khaled honored the 30 young men and women entrepreneurs who excelled in the fields of logistics, fashion, contracting, food, marketing, children’s luxury goods, advertising, sports, human resources, retail, alternative energy, consultancy, environment, electronics, travel and tourism, trading, floristry, health care, education, document management, media and multimedia.
The governor also presented mementos to the young men and women entrepreneurs.
Prince Khaled said he was delighted to honor the distinguished group of young entrepreneurs from all regions of the Kingdom, who ensured a bright future for themselves through sheer hard work and dedication.
He also praised the efforts of the young people and conveyed his good wishes for the success of the entrepreneurs, and urged them to “study hard and work tirelessly because it is the first step for success in any arena.”
He also stressed the need for the young people to continue serving their nation.
Speaking on the occasion, Nasser bin Aqeel Al-Tayyar, president of Arab Publisher House and the exclusive publisher of Forbes Middle East, said: “I thank Prince Khaled for his attention and support to encourage the young people to work together in building a generation of entrepreneurs with creative ideas.”


Ecotourism project protects wildlife, promotes jobs in Saudi Arabia

Wadi Al Disah is located in the north-west of Prince Mohammed bin Salman Natural Reserve and southwest of Tabuk. (Supplied)
Updated 39 min 42 sec ago
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Ecotourism project protects wildlife, promotes jobs in Saudi Arabia

  • The Wadi Al-Disah Development Project will promote economic diversification and create investment opportunities for the private sector

JEDDAH: A major sustainable tourism project that will promote jobs while protecting the local environment and wildlife has been launched by Saudi Arabia’s Public Investment Fund (PIF) in the Prince Mohammed bin Salman Natural Reserve in the Kingdom’s northwest.
The PIF on Tuesday announced the launch of the Wadi Al-Disah Development Project, which is expected to become one of the Kingdom’s most environmentally diverse tourist attractions thanks to the site’s moderate climate, distinctive mountainous terrain and flowing springs.
The fund will establish a company to develop the project in accordance with international best practices regarding environmental conservation and sustainable development.
The new company will contribute to the creation of sustainable tourism and related job opportunities, supporting the Kingdom’s economic diversification and unlocking new assets in Saudi Arabia.
The announcement of the project follows the launch of the Amaala luxury tourism development in September, which will be the focal point of the tourism ecosystem within the Prince Mohammed bin Salman Natural Reserve.
The location, between NEOM, the Red Sea Development Project, Amaala and Al-Ula projects, will ensure a diverse and unique tourism offering, and offer a compelling investment opportunity for the private sector.
Wadi Al-Disah is situated in the northwest section of the Prince Mohammed bin Salman Natural Reserve, southwest of Tabuk.
The word “Al-Disah” means a valley of palm trees. The surrounding mountains and rock formations are expected to be popular with climbers of all levels. Other attractions include archaeological sites such as facades of Nabataean tombs, and the remains of walls containing Nabataean and Arabic writings in Kufic script.
The Wadi Al-Disah Development Project will promote economic diversification and create investment opportunities for the private sector.
The project aims to contribute to the development of the tourism sector in the Kingdom, preserve cultural and environmental heritage, and achieve sustainability in line with Vision 2030.