Saudi Aramco signs MoU to develop cities, empower local communities

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Saudi Aramco and Modon have signed an MoU to develop promising cities and empower local communities and women to work in industrial cities. (Spa)
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Saudi Aramco and Modon have signed an MoU to develop promising cities and empower local communities and women to work in industrial cities. (Spa)
Updated 07 May 2018
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Saudi Aramco signs MoU to develop cities, empower local communities

  • The deal will enable the top oil exporter and the property authority to establish development projects and encourage female employment.
  • Aramco can conduct feasibility studies, plan projects, assess suitable partners, and submit project designs.

RIYADH: Saudi Aramco has signed a memorandum of understanding (MoU) with Saudi Industrial Property Authority (Modon) to enhance a joint collaboration in developing industrial cities in the kingdom, the Saudi Press Agency said.

The deal will enable the top oil exporter and the property authority to establish development projects and encourage women employment, in adherence with the Kingdom’s Vision 2030 and the National Transformation Program 2020.

The deal was signed by Aramco Vice President Nasser Al Nafisi and Modon General Manager Khalid Al Salem.

Aramco said in a statement issued on Monday the preliminary deal will allow both parties to enhance the economies of promising cities in the kingdom by utilizing their natural resources.

The deal also includes localizing industries through launching high-quality development projects that are aimed at boosting the Saudi gross domestic product (GDP). Along with providing job opportunities and developing suitable business environments for women, individuals with disabilities and the low-waged.

It also stipulates that Aramco can conduct feasibility studies, plan projects, assess suitable partners, and submit project designs.

While Modon will provide sites for the proposed projects in its industrial cities, provide the necessary incentives and tackle any potential work-related obstacles.


Badges providing basic Two Holy Mosques information given to children, the elderly and non-Arabic speakers

Updated 18 min 1 sec ago
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Badges providing basic Two Holy Mosques information given to children, the elderly and non-Arabic speakers

DUBAI: A new system of badges has been created to help children, the elderly and non-Arabic speakers that are lost, be reunited with their groups while performing the pilgrimage.
The badges carry information and symbols on the various sites of the Two Holy Mosques which can be shown to others to help get directions – the Saudi state news agency SPA reported.
The Director of the General Department of Social Services, Misfer bin Amer Asiri, said the guides would be issued to children accompanying their families during Hajj and Umrah.
Each badge will show symbols of each location that lost person can show to helpers, who will then provide directions.
Meanwhile the Zamzam Department has also provided vehicles to carry water containers to those in need of rehydration.