12 Saudi soldiers killed in Yemen helicopter crash

A picture taken March 10, 2016 shows a Saudi helicopter firing during the Northern Thunder military exercises in Hafr al-Batin. A Saudi military helicopter crashed early Tuesday in the eastern Yemen province of Marib, killing 12 Saudi officers, the mArab Coalition supporting the Yemeni government said. (AFP file photo)
Updated 19 April 2017
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12 Saudi soldiers killed in Yemen helicopter crash

RIYADH: The Saudi-led military coalition fighting in Yemen said one of its helicopters crashed in eastern Yemen on Tuesday, killing 12 Saudi officers in one of the deadliest incidents for the Kingdom’s troops since the war began more than two years ago.

The Black Hawk helicopter crashed in Yemen’s eastern province of Marib, the coalition said, adding that it is investigating the circumstances.  

The incident happened as US Defense Secretary James Mattis arrived in Riyadh, to discuss the Yemen war with Saudi leaders.

The names of the soldiers who lost their lives are: Lt. Col. Abdulrahman bin Saeed Al-Shehri, Lt. Col. Faisal Sauda Al-Subaie, Capt. Turki bin Ibrahim Al-Huwairini, 1st Lt. Rayan bin Abdulrahman Al-Shahrani, Master Sgt. Ali bin Yahya Al-Sheikhi, Cpl. Moeedh Mohammed Al-Qahtani, Cpl. Mahal bin Salem Al-Rashidi,  Pvt. Mohammed Abdullah Al-Saeiri, Sgt. Ali Abdullah Al-Halafi, Technical Sgt. Musa Salem Al-Shihri, Master Sgt. Nayef Hassan Moawad, Pvt. 1st Class Mohammed Ahmed Aqeeli.

 


Green light for crown prince-led Saudi privatization program

Updated 25 April 2018
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Green light for crown prince-led Saudi privatization program

  • The Privatization Program is one of 12 key elements of the Saudi Arabia’s Vision 2030
  • The program is aimed at increasing job opportunities for Saudi nationals

RIYADH: Saudi Arabia’s Council of Economic and Development Affairs on Tuesday approved the Privatization Program that is one of 12 key elements of the Kingdom’s Vision 2030. 

The program is aimed at increasing job opportunities for Saudi nationals, attracting the latest technologies and innovations, and supporting economic development.

It encourages both local and foreign investment in order to enhance the role of the private sector, with government entities adopting a regulatory and supervisory role. The aim is to increase the private sector’s contribution to GDP from 40 percent to 65 percent by 2030. 

The program will aim to reach its objectives through encouraging the private sector to invest in establishing new schools, universities and health centers, while the government pursues its organizational and supervisory role in health and education.

The privatization program aims to benefit from previous success stories, with the private sector’s collaboration in the development of infrastructure, and its involvement on a large scale in sectors such as energy, water, transport, telecommunications, petrochemicals and finance.

The program sets out a series of objectives in three areas: Developing a general legal framework for policies related to privatization; establishing organizational foundations and dedicated institutions to execute the policies; and setting a timescale for their delivery. 

The Council of Economic and Development Affairs is headed by Crown Prince Mohammed bin Salman.