KACST Badir program to set up 600 more companies to provide 3,600 jobs

Nawaf Al-Sahhaf
Updated 04 July 2017
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KACST Badir program to set up 600 more companies to provide 3,600 jobs

RIYADH: King Abdul Aziz City for Science and Technology (KACST) through the Badir program is seeking to establish more than 600 additional companies that would contribute to the creation of 3,600 jobs.
Nawaf Al-Sahhaf, chief executive officer of Badir, said here that the program has incubated 127 technical projects through its five incubators, generating a market value of SR331 million ($88.26 million) for 34 of these projects alone.
He added that some 786 jobs for young Saudis were created as a result. Also, the program is in the process of opening new incubators in the cities of Abha, Buraida, Dammam, and other cities around the Kingdom by 2020.
KACST is seeking to promote incubators and accelerators, and expand activities into nine regions, in line with the Kingdom’s vision at the technical level, and help stimulate the national economy and development.
This plan falls within KACST’s policy to encourage, support and promote the cognitive economy and entrepreneurship. It is a step in the government’s efforts to diversify economic sources by developing non-oil technical industries and promoting innovations and creations.
“Saudis and Saudi companies, when properly empowered, can deliver extraordinary innovative solutions to local and regional problems. We foresee further innovation in solving issues in the fields of medicine and energy, with the use of IT applications to innovate solutions that further streamline the everyday tasks that we do,” Al-Sahhaf said.


Arab coalition working to protect region’s security, says spokesman

Coalition spokesman Col. Turki Al-Maliki at a press briefing. (SPA file photo)
Updated 19 March 2019
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Arab coalition working to protect region’s security, says spokesman

  • Houthis want to disturb peace, says coalition spokesman
  • Stockholm peace agreement under strain

RIYADH: The Arab coalition supporting the internationally recognized Yemeni government is committed to protecting regional and global security, a spokesman said Monday.

Coalition spokesman Col. Turki Al-Maliki was asked at a press briefing about Houthi militias threatening to target the capitals of Saudi Arabia and the UAE.

“This is their way to disturb peace,” Al-Maliki replied. “Previously the Houthis targeted Riyadh with a ballistic missile, violating all international laws by attacking a city that has more than 8 million civilians. We take all precautions to protect civilians and vital areas. The coalition works to protect regional and international security.”

Al-Maliki said Houthis had targeted Saudi border towns several times, the most recent incident taking place in Abha last Friday.

But the Saudi Royal Air Defense Force had shot down a drone that was targeting civilians, he added.

He said four Saudi nationals and an Indian expatriate were injured in the attack because of falling debris.

The drone wreckage showed the characteristics and specifications of Iranian manufacturing, he said, which proved Iran was continuing to smuggle arms to the militias.

He warned the Houthis to refrain from targeting civilians because the coalition, in line with international humanitarian law, had every right to counter such threats.

He said the coalition was making efforts to neutralize ballistic missiles and dismantle their capabilities, as the coalition’s joint command would not allow the militia to possess weapons that threatened civilian lives and peace.

Al-Maliki reiterated that the Houthis were targeting Yemeni civilians and continued to violate international laws. 

He also urged Yemenis to try their best to prevent children from being captured by Houthis, who were using them as human shields and child soldiers.

His comments came as the UN tried to salvage a peace deal that was seen as crucial for ending the country’s four-year war.

The Stockholm Agreement was signed by the Yemeni government and Houthi representatives last December.

The main points of the agreement were a prisoner exchange, steps toward a cease-fire in the city of Taiz, and a cease-fire agreement in the city of Hodeidah and its port, as well as ports in Salif and Ras Issa.

Militants triggered the conflict when they seized the capital Sanaa in 2014 and attempted to occupy large parts of the country. An Arab coalition intervened in support of the internationally recognized government in March 2015.

The World Health Organization estimates that nearly 10,000 people have been killed in Yemen since 2015.

Earlier this month US Secretary of State Mike Pompeo said that President Donald Trump’s administration opposed curbs on American assistance to the Saudi-led coalition in Yemen.

“The way to alleviate the Yemeni people’s suffering isn’t to prolong the conflict by handicapping our partners in the fight, but by giving the Saudi-led coalition the support needed to defeat the Iranian-backed rebels and ensure a just peace,” Pompeo said at a news conference in Washington.