Saudi Cabinet welcomes Saudi-US path toward enhancing security, prosperity

Saudi Arabia's cabinet, chaired by King Salman, meets in Al-Salama Palace in Jeddah, on Monday, 29 May, 2017.
Updated 30 May 2017
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Saudi Cabinet welcomes Saudi-US path toward enhancing security, prosperity

JEDDAH: The Saudi cabinet on Monday welcomed Saudi-US commitment to the decades-long relationship between the two nations, enhancing stability, security and prosperity.
On the joint communique issued after US President Donald Trump’s state visit to the Kingdom, the cabinet appreciated the common stance on confronting mutual foes.
The cabinet, chaired by King Salman, said the agreement aims to deepen existing ties between the longstanding allies and seeks to build a strategic path to peace and prosperity for the 21st century.
The Joint Saudi-American Strategic Vision carves out a new path towards a Middle East that enjoys peace and shows the two countries' resolve to bolster security and counter extremist discourse and funding, in addition to cementing defense cooperation, the cabinet said.
The statement placed emphasis on fighting terrorism by all means and agreed on the necessity to contain Iran's interventions in the internal affairs of other countries and its ignition of sectarian seditions, backing up of terrorism and armed proxies. The statement added that Iran's interference poses a threat to regional as well as world security.


Saudi Arabia’s Education Ministry pumps $500m into public school projects

Updated 41 sec ago
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Saudi Arabia’s Education Ministry pumps $500m into public school projects

  • 30 institutions for students in Dammam, Jeddah and Riyadh will be built

RIYADH: Saudi Arabia is spending more than SR500 million on building education “complexes” that will serve 90,000 students in major urban centers.

The Education Ministry, represented by the government-owned Tatweer Buildings Co., on Tuesday, signed an agreement with Al-Mabani Real Estate Co. to build 30 institutions for students in Dammam, Jeddah and Riyadh.

The agreements include a short-term plan to establish 10 complexes across the three cities with a combined intake of 30,000 students. These will cost around SR800 million ($213 million) and are expected to be completed in 2022. There is also a long-term plan to set up 20 complexes for 60,000 students costing SR600 million. The complexes will be at locations approved by local authorities. 

FASTFACT

 

•The education complexes will serve the needs of 90,000 students in the Kingdom. •Initially, 10 complexes will be built in Dammam, Jeddah and Riyadh at a cost of SR800 million. •The first phase will be completed in 2022. •In the later phase, 20 more complexes are planned at a cost of SR600 million.

Tatweer CEO Fahd Al-Hammad said the agreement represented opportunities for investors interested in building and operating high-quality education infrastructure with “state-of-the-art designs.”

Al-Mabani’s managing director, Abdulrahman Al-Ahmed, said the agreement supported the ministry’s strategy to develop the public sector schools environment through the establishment of complexes.

The agreement was signed under the patronage of Undersecretary of the Minister of Education Dr. Saad Al-Fuhaid and in the presence of Mohammed bin Eid Al-Otaibi, director general of education at the ministry.

Earlier this year, Education Minister Dr. Hamad bin Mohammed Al-Asheikh said Saudi Arabia was making efforts to improve the quality of its education sector’s infrastructure by encouraging public-private partnerships.