MODON signs MoU to enable SMEs within industrial cities in Jazan

Eng. Khalid bin Mohammed Al-Salem, director general of MODON, and Aisha bint Mohammed Al-Shabaili, founder of the Saudi Women’s Innovation Foundation, sign the MoU.
Updated 31 December 2017
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MODON signs MoU to enable SMEs within industrial cities in Jazan

The Saudi Industrial Property Authority “MODON” signed at its headquarters in Riyadh a memorandum of understanding (MoU) with the Saudi Women's Innovation Foundation to work on the development of industry and industrialists in Jazan and enable small and medium enterprises to start their investments within industrial cities in the region.
The memorandum, signed by Eng. Khalid bin Mohammed Al-Salem, director general of MODON, and Aisha bint Mohammed Al-Shabaili, founder of the Saudi Women's Innovation Foundation, states that MODON will seek to find a suitable location for the center in the industrial city of Jazan and commits to equip it with all the necessary equipment, as well as train and rehabilitate those enrolled in the center.
Al-Salem said that MODON’s signing of this memorandum is part of its system to develop and improve performance in its industrial cities and to make model cities that meet the highest standards in the level of services provided to industrialists and investors, stressing MODON’s determination to move ahead with initiatives through ambitious goals to deal with the challenges ahead and expand the delivery of services and facilities within its industrial cities.
The director general of MODON pointed out that this project would support industrialization, push it toward overall quality, and make it a priority for future development in the Jazan region, which will provide an opportunity for young Saudi men and women to make their way to the future.
The project aims to create women's employment opportunities in the field of knitting, mattresses and household furniture for people with limited income through free training, thereby benefiting the families of the martyrs, orphanages and prisoners. The center will also serve more than 18 governorates in the Jazan region and will include training of 150 young Saudi men and women annually and qualify them with advanced qualification, ending in recruitment.
MODON signed this memorandum as part of its initiatives to promote the industrial system, investment climate, community service programs, and support small enterprises and social responsibility initiatives.


Emaar to build ME’s largest Chinatown in Dubai

Chinese President Xi Jinping (L) and Crown Prince of Abu Dhabi Sheikh Mohamed bin Sayed Al Nahyan(R) arrive at the presidential palace in the UAE capital on July 20, 2018. (AFP)
Updated 22 July 2018
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Emaar to build ME’s largest Chinatown in Dubai

Emaar has announced a landmark development that is expected to further strengthen UAE-China relations, coinciding with the historic visit of President Xi Jinping of China to the UAE.
To honor Chinese expatriates in the UAE and further bolster business ties with China, Emaar will develop the Middle East’s largest Chinatown within the retail district of Dubai Creek Harbor, its six-square-kilometer mega-development, only 10 minutes from the Dubai International Airport and the Burj Khalifa.
“The retail precinct will occupy a central location within Dubai Creek Harbor — a destination which will be home to the world’s new icon, Dubai Creek Tower, and encompass vibrant lifestyle elements. Set by the Dubai Creek waterway, elegantly designed homes in Dubai Creek Harbor will offer spectacular views of the city’s dramatic skyline, the waterfront and the Ras Al-Khor Wildlife Sanctuary — home to over 450 animal species and migratory birds, including pink flamingos,” Emaar said in a press release.