Joint ministerial group sign accord for stronger Saudi-New Zealand cooperation

Abdulrahman Al-Fadhli, minister of environment, water and agriculture, with David Parker, New Zealand’s minister of trade and export growth, in Auckland. (SPA)
Updated 11 August 2018
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Joint ministerial group sign accord for stronger Saudi-New Zealand cooperation

  • Trade between the two countries has witnessed remarkable development in past years, rising from SR675 million ($16 million) to about SR3 billion in 2016
  • The committee will contribute to the development of sustainable cooperation in all fields

A Saudi and New Zealand joint ministerial group ended a two-day series of meetings in Auckland on Friday with an agreement to strengthen cooperation between the two countries.
The committee’s minutes were signed by Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli, and New Zealand Minister of Trade and Export Growth David Parker.
Saleh Al-Nuweiser, charge d’affaires of the Saudi Embassy in New Zealand, and representatives of the government bodies took part in the meetings.
Al-Fadhli said: “Trade between the two countries has witnessed remarkable development in past years, rising from SR675 million ($16 million) to about SR3 billion in 2016.”
He said the committee will contribute to the development of sustainable cooperation in all fields.
Abdulaziz Al-Hewesh, director-general of the ministry’s General Administration of Legal Affairs and International Cooperation, said that the joint ministerial committee recommended strengthening work and partnerships to achieve the objectives of the Kingdom’s Vision 2030 in the fields of diplomacy and justice, trade and investment, consumer protection, standardization, finance and banking, as well as cooperation in the fields of energy, industry, mineral wealth, information technology and sports.
The committee “is a confirmation of the friendly relations and common interests between the Kingdom and New Zealand,” he said.


Sakani program to add 11,000 homes in Jeddah

The Housing Ministry has deals with two real-estate companies. (Reuters/File)
Updated 18 October 2018
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Sakani program to add 11,000 homes in Jeddah

  • The first project, Rawabi Hijaz, is on private-sector land and will includes 9,502 units
  • The Ministry stressed its keenness to work with qualified developers to add to housing stock

JEDDAH: The Saudi Ministry of Housing has signed agreements with two real-estate development companies to add more than 11,000 homes in Jeddah for the Sakani program. The deals were signed on October 15 during an event announcing the program’s 10th batch of beneficiaries.
The first project, Rawabi Hijaz, is on private-sector land and will includes 9,502 units, while the second, Jeddah airport housing, is on land owned by the Ministry and will includes 2,203 units.
The agreements were signed in the presence of Minister of Housing Majid bin Abdullah Al-Hugail, National Housing Company CEO Mohammed bin Saleh Al-Bati, and officials from the ministry and the Real Estate Development Fund. They follow previous agreements signed by the Ministry of Housing with a number of developers to build housing in various regions of the Kingdom. Sixty projects providing more than 90,000 diverse homes, with prices ranging from SR250,000 to SR750,000 have already been launched.
The Ministry stressed its keenness to work with qualified developers to add to housing stock and support supply in the sector, to encourage competition between companies to meet the needs of citizens in a way that suits local markets and ensures the provision of continued maintenance services for the residential units.
“The real-estate developers with whom we signed contribute along with the Ministry to the service of citizens in order to provide a suitable residential environment on the levels of prices and specifications, while presenting the beneficiaries with the guarantees needed,” the Ministry said.
“These projects will be completed and handed over to the beneficiaries within a period not exceeding three years. These housing projects are integrated in terms of services and public facilities. They include mosques, public parks and green areas as well as government buildings.”