Tasmeem Fair gathers interior designers in Jeddah
Tasmeem Fair gathers interior designers in Jeddah
The initiative is a platform to showcase the works of Saudi interior designers, present their works in a different light, and allow visitors to step into their minds. Since the initial announcement by the Saudi Art Council last August, over 300 participants had applied.
The brainchild of Nawaf Nassar and under the patronage of Princess Jawaher bint Majid, organizers Nawaf Nasser, Kholoud Attar, Lama Mansour and Johara Beydoun have selected the finest and most innovative designers that were able to apply the concept of reflection to their displays.
“The council’s main purpose is to promote art in all its forms, and for the first time, interior designers have been selected to be a part of the movement instigated by the council. The plan was set in motion this year under the guidance of Princess Jawaher, and it was the right time and place for us. They’re an integrated part of the art society and I am proud to have them here under one roof,” said Nasser.
The fair’s displays are varied and the 16 selected, 11 of which are women, have filled a space in unison with their fellow participants. A number of workshops will be given by Dr. Douha Attiah, Ahmad Angawi and more. There will be special talks as well by Dr. Zuhair Fayez, Hsham Malaika, Dr. Rana Kadi and others.
“I was surprised and very pleased with the level of unprecedented professionalism of our Saudi interior designers. The volume of portfolios that we received is proof of their enthusiasm, elevated sense of style, and their level of awareness and intellect. This is a chance for the audience to get to know more about interior design and I’m confident that each season will be better than the previous,” said Princess Jawaher bint Majid.
Located in SAC’s Gold Moor headquarters in the Shatea district, Tasmeem Fair is open to all from November 18-28.
Saudi Military Industries signs warships JV, corvettes with Spain’s Navantia
- The program will start this autumn with the last unit to be delivered by 2022
- The contract will generate 6,000 direct and indirect jobs for five years
RIYADH: State-owned Saudi Arabian Military Industries (SAMI) signed an agreement with Spain’s Navantia to set up a joint venture in the Kingdom to build five warships, the state news agency SPA reported on Thursday.
The deal is part of a wider framework agreed in April by Spain and Saudi Arabia for Spanish state-owned shipbuilder Navantia to supply warships to the Gulf Arab state under a deal estimated to be worth around 1.8 billion euros ($2.2 billion).
SPA said the agreement between SAMI and Navantia was for the design and construction of five Avante 2200 Corvettes under a program that would start this autumn, with the last unit due to be delivered by 2022. It gave no value for the deal.
In line with the contract, SAMI said the joint venture would “localize more than 60 percent of ships combat systems works,” including installation and integration in the Saudi market, perfectly aligned with the Kingdom’s Vision 2030, by localizing 50% of total military spending by 2030.
The contract will generate 6,000 direct and indirect jobs for five years, as follows: 1,100 direct jobs, more than 1,800 from the auxiliary industry, and more than 3,000 indirect jobs generated by other suppliers.
In this respect, the JV will focus on program management and combat system integration and installation, system engineering, system architecture, hardware design, software development, testing and verification, prototyping, simulation, modelling, and through-life support.
Ahmed Al-Khateeb, Chairman of Saudi Arabian Military Industries, said: “SAMI remains committed to being a key enabler of the Saudi Vision 2030, and the establishment of this Joint Venture with Navantia will localize more than 60% of ship combat systems work including, installation, and integration, which contribute to the Kingdom’s objective to be at the forefront of shaping the local military industries ecosystem. We will continue to explore collaborations and leverage partnerships that meet our key mandate to localize more than half of the Kingdom’s total military spending.”
Esteban Garcia Vilasanchez, Chairman of Navantia, said: “Navantia is very happy with the signature of this contract that means a starting point for the collaboration with Saudi Arabia. Navantia is committed to contributing to Saudi Vision 2030 and will support the country in this endeavour. The JV between SAMI and Navantia is an opportunity to develop capabilities in the country and jointly explore future opportunities.”
For the Avante 2200 contract, the JV will be responsible, among others, of supplying the Combat System of all five ships. Corvettes 4th and 5th will be finalized and delivered to the Kingdom of Saudi Arabia, where the JV will do the installation, integration and test of the complete Combat System.
Saudi Arabia’s top sovereign wealth fund, the Public Investment Fund (PIF), launched SAMI last year as part of a government plan to diversify the economy, reduce reliance on oil export revenues and create jobs.
SAMI aims to contribute more than 14 billion riyals ($3.7 billion) to the country’s gross domestic product by 2030, according to SPA.