King Salman issues directive to pay SR1.7bn to social security beneficiaries

King Salman issued a directive to pay more than SR1.7 billion to the beneficiaries of social security on the occasion of Eid Al-Fitr. (SPA)
Updated 13 June 2018
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King Salman issues directive to pay SR1.7bn to social security beneficiaries

  • King Salman issues a directive to pay more than SR1.7 billion to the beneficiaries of social security
  • The directive was announced by the Minister of Labor and Social Development

JEDDAH: King Salman issued a directive to pay more than SR1.7 billion ($0.45 billion) to the beneficiaries of social security on the occasion of Eid Al-Fitr.
This was announced by Minister of Labor and Social Development Ahmed bin Suleiman Al-Rajhi, who thanked the king for his directive, which will help beneficiaries in meeting their needs during Eid Al-Fitr, and said that the directive reflects the care given by the king to the beneficiaries of social security.
Eligible beneficiaries of the social security program include widows, orphans, deserted family members, and people with temporary or permanent debilitating health conditions and disabilities.
The program aims to protect Saudi households from the direct and indirect impacts of economic reforms, compensating for an increase in prices as subsidies on electricity and petrol are cut, and value-added tax (VAT) is applied to goods.


Saudi Arabia to host forum to observe World Heritage Day next year

Riyadh hosts the sixth National Urban Heritage Forum in April with its focus on investment opportunities in the urban heritage. (Reuters)
Updated 4 min 42 sec ago
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Saudi Arabia to host forum to observe World Heritage Day next year

  • forum will encourage private investment to capitalize on the country’s rich urban heritage
  • Saudi Commission for Tourism and National Heritage hosts the forum each year in a different part of the Kingdom

RIYADH: The Saudi capital will host the sixth National Urban Heritage Forum (NUHF) next April to coincide with World Heritage Day, with its focus on investment opportunities in urban heritage.

“The four-day National Built Heritage Forum will be launched in Riyadh on April 15,” said Majed Alshadeed, a spokesman for the Saudi Commission for Tourism and National Heritage (SCTH), on Thursday, adding that the forum will culminate on April 18, World Heritage Day. World Heritage Day is celebrated every year on April 18 with the aim of preserving the human heritage and recognizing the efforts of the relevant organizations in the field.

Organized by SCTH under the umbrella of the Custodian of the Two Holy Mosques Cultural Heritage Program, the 6th forum will encourage private investment to capitalize on the country’s rich urban heritage.

The forum will look at developing business models in the management and development of — and investment in — urban heritage sites, as well as the development of crafts and handicrafts.

The heritage forum is organized each year by the SCTH in a different province in collaboration with the relevant governorates, municipalities and local universities, following the recommendations of the first International Conference for Urban Heritage in the Islamic Countries, which was held in Riyadh in 2010.

The first session of the NUHF was organized in Makkah province, the second in the Eastern Province, the third in Madinah province, the fourth in Asir province and the fifth in Al-Qassim province.

Next year’s forum seeks to invest the expertise, knowledge and experience that the SCTH has gained and transfer it to the four economic sectors working in urban heritage. These sectors are construction, restoration and contracting, site operation, human resources development, and services and industries related to urban heritage.

The forum will include the distribution of prizes to the projects winning the Prince Sultan bin Salman Urban Heritage Awards, exhibitions, scientific sessions, workshops and business meetings with Saudi and international experts and consultants to discuss investment opportunities in urban heritage. There will also be a specialized expo for companies and institutions working in the sectors of the economics of architectural heritage, restoration and engineering consultancy.