KSA, China sign MoU for housing units in Al-Ahsa

Deputy Crown Prince Mohammed bin Salman exchanges documents with Chinese Vice Premier Zhang Gaoli in Beijing on Tuesday. (SPA)
Updated 31 August 2016
0

KSA, China sign MoU for housing units in Al-Ahsa

BEIJING: Housing Minister Majid Al-Hogail and the Chinese vice minister of commerce on Tuesday signed a memorandum of understanding (MOU) between the two governments for cooperation in the area of housing, Saudi Press Agency reported.

The MoU coincides with the visit of Deputy Crown Prince Mohammed bin Salman to the People’s Republic of China.
The Saudi minister also signed another MOU between the Ministry of Housing and the Government of the Ningxia Region, for the development of Al-Asfar District in Al-Ahsa and construction of 100,000 housing units with all required service facilities.
The deal also included the establishment of a joint company in the Kingdom to implement the housing project in Al-Ahsa.
In a press statement, the Saudi minister said the MOUs with the Chinese companies come as an extension of other deals with local and global real estate development companies, with the intent of increasing housing supplies and providing products with high quality at affordable prices.
Giving more details on the new project, the minister said Al-Asfar District, in Al-Ahsa, occupies an area of 54 million square meters, where some 100,000 housing units will be built, including high quality villas and apartments with different options.
This step comes in line with the Kingdom’s Vision 2030, and demonstrates the keen interest of the two governments to bolster cooperation between the two countries in all areas including housing, expanding investments, activating business and commercial facilities, and achieving joint development and prosperity, he said.
He stressed that the ministry would continue signing with reputed real estate development firms to benefit from their experiences in developing housing projects of highly technical specifications that would meet aspirations of the ministry and citizens as well.
He said housing projects, carried out with private sector companies, would cover all parts of the Kingdom.
The ministry aims to find partnerships in the area of housing to develop and transfer new building technologies, train cadres to operate and maintain them, encourage investors to implement projects and real estate development companies to enter housing programs, he said.


Local designers to share the spotlight during second Saudi Fashion Week

Updated 20 September 2018
0

Local designers to share the spotlight during second Saudi Fashion Week

  • Riyadh will be the hub of Saudi Fashion Week
  • The Grazia Middle East Style Awards will this year take place in Riyadh

RIYADH: Emerging Saudi fashion designers will get a chance to showcase their work alongside internationally renowned peers — including Yahya Couture, Yuliya Yanina and Lama Askari — during the second edition of Saudi Fashion Week, which runs from October 21 to 25, 2018.

The dates were revealed by the event’s founder, Princess Noura bint Faisal Al-Saud, who made a statement with her choice of outfit for the official announcement: a black abaya with a traditional Saudi hand embroidered, red design.

The princess, who is honorary president of the Arab Fashion Council in Saudi Arabia, said she always dreamed of being part of the fashion industry and is working hard to help the dreams ofothers come true as well, by supporting local designers,providing them with a platform on which to showcase their creativity, and supplying them with the tools they need to succeed.

“This fashion week is sponsored by the GCA and we want to highlight our Saudi culture,” she said when asked how the second edition will differ from the inaugural event in April 2018. “Every designer is unique and designs in a different way. Our culture is not only about wearing an abaya; it’s what makes you comfortable as a person.

“We have more local names coming out and a program to support emerging designers. This is a platform with which we support Saudi designers, in their country, which they represent.”

However, it also embraces the wider international fashion industry, as well.

“it’s an exchange of cultures. It’s a platform for Saudi and other countries,” said Princess Noura. “When we speak about fashion, it’s a mirror that reflects our culture and modernity.”

To help launch the careers of Saudis who are just starting out in the fashion industry, a “Top emerging Saudi designers” program has been developed, and the country’s fashion community has chosen six designers to participate, some of whom are recentcollege graduates. It will offer them support and give them real-world experience of the fashion industry.

Riyadh will be the hub of Saudi Fashion Week, with three runway shows each day, beginning at 8pm. In addition, a fashion festival featuring pop-up stores will run throughout the event. The Grazia Middle East Style Awards, which is usually held in Dubai, will this year take place in Riyadh on the final day of Saudi Fashion Week.

“I want every designer in Saudi Arabia to not be afraid and to come out and show what they are made of. Be Brave,” added Princess Noura.