Prince Faisal bin Salman inaugurates a SR100m real estate investment project for orphans of Madinah

Madinah Gov. Prince Faisal bin Salman at the inauguration of the real-estate investment project to help the orphans of Madinah. (SPA)
Updated 26 September 2017
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Prince Faisal bin Salman inaugurates a SR100m real estate investment project for orphans of Madinah

MADINAH: Prince Faisal bin Salman, governor of Madinah and chairman of the board of directors of the Takaful Welfare Society for Orphan Care in Madinah, on Monday inaugurated a SR100 million ($26.7 million) real-estate investment project to help the orphans of Madinah and support the society which takes care of 13,000 orphans and 4,200 of their widowed mothers.
The prince also launched an empowerment project to enhance the skills of orphans and their mothers to ensure their success, provide them with the appropriate job opportunities and support their projects through three phases.
The first phase starts by improving the skills of the orphan and their mothers through intensive professional, psychological and social programs. The second phase is coordinating job opportunities provided by the private sector with the acquired skills. The third phase will support their projects and dreams.
The prince also looked at the final phases to establish a Takaful social club, at a cost of SR13 million. This project includes academic training halls, indoor swimming pools, residential and commercial units, playgrounds and multi-purpose facilities to help build and develop the skills and personalities of the orphans and their mothers, and ensure their success.
The society’s secretary-general, Dr. Abdul Mohsin Al-Harbi, said that over 70 percent of the work to establish the club has been completed and is expected to be fully done and delivered in the few next months.
Dr. Al-Harbi pointed out that last year, more than 1400 orphans benefited from 1,550 training sessions including English courses, computer training, and other educational programs.
He said that Takaful, supported by Prince Faisal, worked on facilitating the orphans’ acceptance into governmental and non-governmental universities. This year, 200 students were accepted, along with 700 other students that were accepted during previous years in cooperation with governmental universities and technical institutions for boys and girls in Madinah, he added.


Saudi Arabia-South Korea ties witness progress

Updated 52 min 24 sec ago
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Saudi Arabia-South Korea ties witness progress

  • About 400 guests, including envoys in Seoul, politicians and businessmen, attended the ceremony.
  • Among the high-profile South Korean guests were Minister Park Neung-hoo of the Health and Welfare Ministry; Sohn Hak-kyu, leader of the minority opposition Bareunmirae Party; and Rep. Sul Hoon, a lawmaker of the ruling Democratic Party.

SEOUL: To mark the country’s 88th National Day the Royal Embassy of Saudi Arabia in Seoul held a reception in the Shilla Hotel, in Seoul.
Riyad Almubaraky, the Saudi ambassador, said that ties with South Korea represented one of the most successful models of Saudi Arabia’s bilateral relations with nations around the globe.
“Since the inception of bilateral relations in 1962, the two countries have witnessed a qualitative leap and great development in many fields, including politics, economy, education, culture, and health and many other fields,” he said.
About 400 guests, including envoys in Seoul, politicians and businessmen, attended the ceremony. Among the high-profile South Korean guests were Minister Park Neung-hoo of the Health and Welfare Ministry; Sohn Hak-kyu, leader of the minority opposition Bareunmirae Party; and Rep. Sul Hoon, a lawmaker of the ruling Democratic Party.
Park stressed the progress of mutual cooperation in health care.
“Korea offers residency programs for Saudi physicians and dentists. Currently, a total of 73 Saudi physicians and dentists have been enrolled in these training programs,” he said.
In addition, Riyadh and Seoul are working closely on nuclear safety and security, as the Kingdom has sent 41 nuclear experts to South Korea for training in the development nuclear plants based on System-integrated Modular Advanced Reactor (SMART) technology.
The SMART project is aimed at the design and development of compact nuclear reactors so that the Kingdom can diversify energy sources in line with Vision 2030. South Korea is bidding to build two nuclear reactors in Saudi Arabia.
The Korea-Arab Friendship Caravan will be held in the Saudi capital on Oct. 14. More than 20 Korean artists will perform at the cultural event in the Riyadh-based King Fahd Cultural Center.
South Korea plans to hold the first Korean history and culture exhibition in Riyadh later this year.