Saudi Aramco, Dubai Electricity and Water Authority sign MoU to foster collaboration in new energy

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MoU will also provide a framework to assess potential collaborations and ventures in new energy and smart grid applications, digital transformation, and operational excellence. (SPA)
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MoU will also provide a framework to assess potential collaborations and ventures in new energy and smart grid applications, digital transformation, and operational excellence. (SPA)
Updated 22 January 2019
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Saudi Aramco, Dubai Electricity and Water Authority sign MoU to foster collaboration in new energy

  • MoU will also provide a framework to assess potential collaborations and ventures in new energy and smart grid applications

JEDDAH: Saudi Aramco signed on Monday a Memorandum of Understanding (MoU) with Dubai Electricity & Water Authority (DEWA) to foster collaboration in power supply and demand management. 
The MoU will also provide a framework to assess potential collaborations and ventures in new energy and smart grid applications, digital transformation, and operational excellence.
“We look forward to our partnership with DEWA as it is an important step to achieve our shared objectives and goals that aim at identifying new opportunities within our business for deployment of new energy, smart grid and digital applications. Through this partnership, we are pursuing an exchange of experiences and best practices that will help both parties to leverage technology solutions and accelerate business growth and drive innovation in the energy sector”.
“The MoU will help our efforts in digital transformation in the energy industry by applying effective technologies to enable operational efficiencies. The collaboration with DEWA will complement Saudi Aramco’s ongoing energy and technology initiatives”, said Saudi Aramco VP Power Systems, Abdulkarim Al-Ghamdi.
“This MoU supports the vision of the wise leadership in both the United Arab Emirates and the Kingdom of Saudi Arabia and contributes to achieving integration across all vital sectors through joint efforts to support national and regional goals and common interests, anticipate the future and adopt innovation to enhance sustainability of development. The collaboration with Saudi Aramco supports regional efforts to enhance the energy, water, smart transformation, smart grids, energy efficiency and sustainability sectors”, said Saeed Mohammed Al-Tayer, MD & CEO of DEWA.
Saudi Aramco is deploying smart control systems as part of the intelligent power center currently under construction. The center aims to enhance the effectiveness of power generation, transmission, distribution, and asset management through the implementation of latest real-time power management technologies.


Saudi Arabia plans to create 561,000 jobs under new digital employment initiative

Updated 24 April 2019
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Saudi Arabia plans to create 561,000 jobs under new digital employment initiative

  • Qiwa program aims to achieve the Vision 2030 goal of reducing unemployment rate to 7 percent

RIYADH: Saudi Arabia has revealed ambitious plans to create more than 561,000 private-sector jobs by 2023 as part of a new digital era for the Kingdom’s labor market.

Minister of Labor and Social Development Ahmad Al-Rajhi made the announcement at the launch of the Qiwa online platform, which aims to combine all the country’s employment services under one electronic roof.

Through digitalization, the Ministry of Labor and Social Development hopes to not only boost job opportunities for Saudi men and women, but also improve workplace efficiency and productivity, and attract international investment.

Al-Rajhi said: “The ministry has entered into partnerships and agreements to settle more than 561,000 job opportunities in the private sector until 2023,” and the minister added that 45,000 Saudis had entered the labor market in the last three months.

The new labor force platform will consolidate employment-related e-services already offered to job seekers, employees and employers and plans are in the pipeline to plug a further 71 services into the system.

The Qiwa program aims to provide Saudi government officials with a data mine of statistical information to tackle business challenges facing employers and employees, help create new job opportunities, and achieve the Vision 2030 goal of reducing the country’s unemployment rate to 7 percent. Another key objective is to strategically enhance the Kingdom’s business environment to make it more attractive to local and international investors.

A ministry statement issued to Arab News, said: “The Qiwa platform will have an impact on motivating investors. It will also re-engineer policies and procedures for all services provided to individuals and enterprises on a strong platform that will make a quantum leap in the business world and turn the Saudi market into an attractive market for opportunities and potential for competencies.

“The services are provided in both Arabic and English in order to enable foreign investors to benefit from the services of a strong platform,” the statement added.

The e-services include programs to encourage Saudis to access jobs in their locality by improving the workplace environment and making it more appealing to men and women.

The Kingdom’s public sector is quickly adapting to international standards and labor market demands by digitalizing services, while the ministry is using the latest business management methods to help public organizations increase the competency and productivity of workers while creating a competitive labor market that can partner with the private sector.