Iraqi minister says country needs high-quality Saudi goods

Chairman of the CSC Ahmed bin Sulaiman Al-Rajhi, right, welcomes Iraqi Minister of Industry and Minerals Mohammed Shia Al-Sudani, second right, to Riyadh on Monday.
Updated 20 February 2018
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Iraqi minister says country needs high-quality Saudi goods

RIYADH: Iraqi Minister of Industry and Minerals Mohammed Shia Al-Sudani on Monday called on Saudi businessmen to partner with their Iraqi counterparts to take advantage of the huge investment opportunities in Iraq.
A senior corporate communications official from the Council of Saudi Chambers (CSC) told Arab News on Tuesday that the Iraqi minister made the statement at the Saudi-Iraqi Business Council meeting held at CSC headquarters on Monday.
Al-Sudani led an Iraqi delegation comprising experts in the fields of industry, minerals, and electricity.
He praised Saudi Arabia’s private sector for its success in building strategic partnerships with major international companies, and for its use of advanced technology, which helped produce high-quality goods.
“The Iraqi market of 37 million people is in need of Saudi goods and products,” Al-Sudani said, adding that his visits to a number of Saudi factories had reinforced his belief that they manufacture “the finest types of products.”
He also urged both parties to facilitate the smooth flow of Saudi goods into Iraq.
CSC Chairman Ahmed bin Sulaiman Al-Rajhi noted that the Kingdom and Iraq are linked not just by common interests, but also by “brotherhood, blood, history and culture.”
He expressed his hope that the meeting would produce practical ways to “facilitate investment, exploit the industrial and mining opportunities available in both countries, and remove obstacles facing businessmen in this regard.”
Saudi Arabian Business Council Chairman Mohammed Al-Khorayef also spoke at the meeting, discussing the achievements of the Saudi-Iraq Business Council since its establishment in November and also presenting a working paper called “Saudi Industry: The Best Choice for Iraq.”


MiSK, Qiddiya team up for internship program 

Updated 25 March 2019
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MiSK, Qiddiya team up for internship program 

  • Interns will work on entertainment mega-project
  • Program open to university seniors and new graduates

RIYADH: A new internship program for young Saudis has been launched in the Kingdom, following a partnership between Misk Foundation and the Qiddiya Investment Company (QIC).

The program runs from June 16 to Aug. 31, 2019, and provides an opportunity for university seniors and recent graduates to be part of Qiddiya, an entertainment mega-project located 40 minutes from Riyadh.

Interns will have the chance to work at Qiddiya’s corporate offices alongside professionals from around the world and will be placed across 12 departments.

They will learn and develop skills that are required to succeed in their professional lives.

They will also gain exposure to QIC’s culture and learn from executives with over 20 years of experience across several sectors. 

QIC CEO Mike Reininger said: “We are contributing directly to the Saudi Vision (2030 reform plan) by creating a richer lifestyle for Saudi citizens while spurring innovation in the creative, hospitality and entertainment sectors. This unique opportunity allows students and fresh graduates to experience what it takes to be part of the change in Saudi by giving them the chance to work alongside a group of both local and international seasoned professionals. Thanks to this partnership with MiSK, we will be training the next generation of industry leaders.” 

Application to the program is open for those with fewer than two years of professional experience. Candidates must show strong academic credentials and submit a short video as part of their application.

King Salman led the Qiddiya ground-breaking ceremony in front of a global audience last April.

The project is aimed at helping to stem the $30 billion a year which Saudis currently spend abroad on tourism, and has the backing of the Kingdom’s Public Investment Fund.

It targets local, regional and international tourists and will be Saudi Arabia’s preeminent entertainment, sports and cultural destination.

It is expected to be the world’s largest entertainment city by 2030, with a total area of 334 square kilometers, surpassing Walt Disney World in Florida, which is only 110 sq. km.