Grammy winners to bring excitement as International Jazz Festival comes to Saudi Arabia's west coast

Updated 20 March 2018
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Grammy winners to bring excitement as International Jazz Festival comes to Saudi Arabia's west coast

JEDDAH: King Abdullah Economic City (KAEC) will host the on March 22 and 23. The festival, organized by the General Entertainment Authority (GEA), will showcase 10 musicians, including modern masters of jazz and Grammy-award-winning artists. It will take place on a stage built by the Red Sea.

Guests will be able to sample food while enjoying the music.

A robust entertainment industry comes within the objectives of the Kingdom’s Vision 2030 to raise the sector’s contribution to the country’s GDP from three percent to six percent.

The objectives also aim to localize 50 percent of the entertainment sector, as Saudis spend around SR80 billion annually on entertainment outside the Kingdom.

KAEC is hosting a number of festivals due to its eagerness to achieve cultural diversity.

Tickets are on sale in all Virgin Megastore branches or online via http://ticketingboxoffice.com. For more information about the festival, visit http://kaecjazzfest.com


FaceOf: Ahmad Al-Khatib, chairman of the board of directors of the Saudi Arabian Military Industries

Ahmad Al-Khatib
Updated 27 May 2018
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FaceOf: Ahmad Al-Khatib, chairman of the board of directors of the Saudi Arabian Military Industries

  • Saudi Arabian Military Industries aims to aims to reduce the country’s reliance on foreign purchases of military products

JEDDAH: Ahmad Al-Khatib was appointed the chairman of the board of directors of the Saudi Arabian Military Industries (SAMI) in October 2017. 

He also holds the posts of chairman of the board of directors of the General Entertainment Authority (GEA) since 2016; chairman of the board of directors of the Saudi Fund for Development; adviser to the general secretariat of the Cabinet; adviser to the minister of defense; and adviser to the court of the crown prince.

Al-Khatib inaugurated on Friday the new facilities of the Aircraft Accessories and Components Company (AACC) at its new headquarters at King Abdul Aziz International Airport in Jeddah during a ceremony under the patronage of Crown Prince Mohammed bin Salman.

SAMI aims to reduce the country’s reliance on foreign purchases of military products and become one of the top 25 global companies in the field of military industries.

“Our goal is to localize more than 50 percent of the Kingdom’s military spending by 2030,” said the crown prince in his earlier statement.

Al-Khatib is a former adviser to the royal court, was the minister of health between 2014 and 2016, and served as the chairman for the Saudi stock company established in 2006, Jadwa Investment.

Al-Khatib has 23 years of experience in banking. In 1992 he joined the Bank of Riyad, working in various departments for 11 years and helping to establish the customer investment department. 

In 2003, Al-Khatib joined SABB Bank and participated in the establishment of Islamic Banking (Amanah). He then became the bank’s general manager.