Female entrepreneurs go for Islamic financing

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The conference aimed to address Islamic financial support to small and medium enterprises, which is necessary to achieve economic diversification as part of Vision 2030. (AN photo by Huda Bashatah))
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conference aimed to address Islamic financial support to small and medium enterprises, which is necessary to achieve economic diversification as part of Vision 2030. (AN photo by Huda Bashatah)
Updated 23 December 2017

Female entrepreneurs go for Islamic financing

JEDDAH: Under the patronage of Princess Lolowah Al-Faisal, Effat University hosted the Third International Islamic Finance Conference on Thursday at the university’s campus.
Participants included many academic and financial leaders, as well as specialists in Islamic banking and finance, and entrepreneurship inside the Kingdom and abroad.
The conference aimed to address Islamic financial support to small and medium enterprises, which is necessary to achieve economic diversification as part of Vision 2030.
Dr. Samar Khan, the dean of the business college at Effat University, said that the need for small and medium institutions is growing to achieve the goals of Vision 2030.
Khan added that the world in general, and Saudi Arabia in particular, is working hard to increase the number of young entrepreneurs and to support them.
She said support had been provided through workshops, training and financial assistance to help entrepreneurs start their projects. She encouraged young people to establish their own projects because the Kingdom is fertile ground at the moment for all projects in the public and private sectors.
Prince Saud bin Khalid Al-Saud, the co-founder and member of the board of directors of CBX Unit LLC, N.L., said he was honored to attend the conference, pointing out the long history of Effat University, which is known for its exceptional achievements.


Saudi technical students to showcase skills at global contest

Updated 4 min 56 sec ago

Saudi technical students to showcase skills at global contest

  • ‘WorldSkills’ started in 1950 after the head of the Spanish Workers Union called for the organization of the first national vocational competition in Madrid

MOSCOW, Russia: Saudi students and experts will be showcasing their innovative skills in aircraft maintenance and welding during the “WorldSkills” competition to be held in Kazan, Russia on Thursday. 

The competition will run for six days and will see the participation of representatives from 75 countries.

“This is a biennial global competition during which more than 700 young men and women from 75 countries compete in 56 various categories,” said the CEO of Colleges of Excellence Dr. Fahad bin Abdul Aziz Al-Tuwaijri. 

The competition will run for six days and will see the participation of more than 700 young men and women from 75 countries. (SPA)

“The competition covers industrial and service professions with the highest international standards to promote technical and vocational training and raise awareness about the impact of such training.

“This competition aims to shed light on the importance of technical skills, encourage young people to acquire them, discover their skills and develop them and find cooperation opportunities among contestants and different sectors,” he added.

Those who qualified from international technical colleges and strategic partnership institutes were: Idris Abduljalil Al-Haji from the International Aviation Technical College (IATC) in Riyadh, Hassan Hussain Al-Rashid from the Saudi Technical Institute for Petroleum Services, aircraft maintenance expert Ibrahim Khalid Yamani from IATC, and welding expert engineer Ghazi Mohammed Al-Mustanir from the Saudi Technical Institute for Petroleum Services.

“Saudi students impressed the participants during previous local and international competitions,” Al-Tuwaijri said, adding “Yamani was chosen as the best aircraft maintenance expert during the 2017 competition held in Abu Dhabi.”

“WorldSkills” started in 1950 after the head of the Spanish Workers Union called for the organization of the first national vocational competition in Madrid.