SIDF lends Nal Foods SR22m for Tabuk feed mill

The signing ceremony was attended by Areeb Aljazeera, technical and engineering consultant of the project, and CEO Sultan Alshehri.
Updated 22 February 2018
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SIDF lends Nal Foods SR22m for Tabuk feed mill

The Saudi Industrial Development Fund (SIDF) on Wednesday signed a loan agreement worth SR22 million ($5.8 million) with Nal Foods to finance its feed mill in Tabuk.
Nal Foods President Nadher Alhakami said that the project is part of SIDF’s continuous contribution to national industries, especially in the food and water security sector, which is key to Saudi Vision 2030.
The move is in line with the Ministry of Agriculture’s efforts to stop growing green fodder and introduce feasible alternatives instead, such as local high quality feed mills.
It is also an implementation of the relevant decisions by the Council of Ministers on feed regulations.
Alhakami also disclosed a total investment of SR50 million for the first phase of Tabuk industrial city located on a 20,000 square meter site, equipped with the latest engineering and industrial solutions, in addition to the international best practices in the feed milling industry, in both production lines and storage systems.
Nal Foods’ feed mill targets a capacity of over 170,000 tons per year of high quality feed products, for all purposes, either for ruminants or for poultry.
Alhakami thanked the entire SIDF team for their effort and support.
The signing ceremony was attended by Areeb Aljazeera, technical and engineering consultant of the project, and CEO Sultan Alshehri.
SIDF announced in 2017 a joint portfolio with the Agricultural Fund to finance and support feed mills in Saudi Arabia, part of the food and water security strategy within the framework of Vision 2030.


Careem honors outstanding captains in Riyadh

Updated 12 December 2018
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Careem honors outstanding captains in Riyadh

Careem held the first edition of its Captain’s Excellence Award Ceremony in Riyadh on Saturday. The event, which will be held annually, was the first-of-its-kind in the region and welcomed over 300 top-performing “captains” (Careem drivers) across the Kingdom. 

The captains were awarded based on different criteria such as: Captains with the highest number of trips, highest (customer-given) ratings and longest serving captains. Rewards were also handed out to captain ambassadors, i.e. those with the highest number of referrals and captains that were given a special shoutout on social media by customers for their dedication to their service. Several rewards were handed out along with the grand prize, a brand new car. 

Abdulla Elyas, chief people officer and co-founder of Careem, opened the event with an ode to the captains in attendance, thanking them for their service and commitment in driving impact through meaningful initiatives across the Kingdom. Some of these initiatives included the vaccination campaign in collaboration with the Ministry of Health, which helped more than 100,000 men, women and children across 17 cities get vaccinated in their own homes. Careem also collaborated with Bupa Arabia during Ramadan this year to donate clothes from customers to people in need, where over 180,000 donations were collected. 

Elyas also announced Careem’s partnership with Alwaleed Philanthropies (AP) in delivering the first installment of cars for the empowerment of people with special needs. The foundation, chaired by Prince Alwaleed bin Talal, will provide a number of cars over the course of seven years to men and women of the Society for Physically Disabled Adults (Harakia) after being trained.

“Our captains are the lifeblood of our business and we wanted to celebrate these men and women for helping us achieve our mission of simplifying and improving the lives of people in the Kingdom,” Elyas said. 

“We are proud to have 395,000 ‘captainahs’ (female drivers) and captains registered with us to date in Saudi Arabia, providing over 122 million rides. This ceremony is our small way to thank them for their service and reward them for the hard work they put in every day so that people have a safe way to get around. Without them, we wouldn’t be where we are today” 

Muaaed Al-Saeed, a representative from the Public Transport Authority (PTA), said: “We are excited to have you all; you have overcome each obstacle you were faced with in a short span of time and for that we are extremely proud.” 

He added: “On this occasion, I convey the regards of PTA President Dr. Rumaih Al-Rumaih. The participation of myself and Majed Al-Zahrani, PTA general manager, is proof of our support to all the captains.”