Recognition for honesty, transparency

Updated 28 May 2012
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Recognition for honesty, transparency

The Saafah Foundation for Good Example has praised the appointment of two of its board members in high-ranking positions at prestigious organizations.
Abdullatif Al-Othman was appointed governor of Saudi Arabian General Investment Authority (SAGIA) and Abdul Aziz Al-Sugair president of Saudi Telecom Company (STC).
The foundation, which works for promoting transparency and honesty in the Kingdom, commended the expertise and performance of Al-Othman and Al-Sugair in various fields.
Both of them have worked in engineering, economic and industrial fields for a long period.
Prince Turki bin Abdullah bin Abdul Rahman, chairman of the foundation's board of directors, said the appointment of Al-Othman and Al-Sugair would have a good impact on their respective organizations.
"In the light of my personal association with the two as active members of Saafah, I am confident that they will work for improving transparency and honesty in SAGIA and STC to the satisfaction of those who deal with the two organizations," Prince Turki said.
He said Al-Othman and Al-Sugair worked to deepen the values and principles of justice, frankness and accountability at the organizations they had worked for before.
He also noted the important roles played by the pair in his organization.
Prince Turki said the appointment of the pair reflects the government's desire to create an atmosphere of transparency and honesty in the country.


Major boost for Al-Jouf as Saudi king set to announce new city

King Salman arrived in Al-Jouf on Tuesday. (SPA)
Updated 21 November 2018
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Major boost for Al-Jouf as Saudi king set to announce new city

  • The king will launch Waad Al-Shamaal, a new city aimed at boosting the country’s mining infrastructure

JEDDAH: Projects worth several billion riyals are to be unveiled by Saudi Arabia’s king this week as he continues his tour of the country’s regions.
King Salman arrived in the province of Al-Jouf on Tuesday night where he will announce the construction of a new city, bolstering the local economy and creating thousands of jobs in Saudi Arabia’s most northern region.
On Thursday, the king will launch Waad Al-Shamaal, a new city aimed at boosting the country’s mining infrastructure, the Saudi Press Agency reported. 
He will lay the foundation stone for the first phase of the SR85 billion ($22 billion) city in Toriaf province — worth SR55 billion —  and is also set to inaugurate the projects and facilities of the second phase — worth SR30 billion.
In the past two months the king has visited a number of major cities, announcing projects and initiatives to develop the Kingdom inline with Vision 2030 — a broad strategic plan to diversify the economy and end dependence on oil revenues.
Before arriving in Al-Jouf, King Salman visited Tabuk, where several projects worth more than SR11 billion were launched.
He also met the team heading Amaala, the ultra-luxurious tourist destination that was unveiled in September and dubbed the “Riviera of the Middle East,” and was briefed on plans for the new attraction.
King Salman praised Amaala’s objectives to contribute to promoting economic diversification, creating investment opportunities for the private sector, and developing the tourism sector in Saudi Arabia while preserving the cultural and environmental heritage.
Meanwhile, the Kingdom’s Public Investment Fund (PIF) announced yet another major project in western Saudi Arabia.
Wadi Al-Disah Development Project, which is expected to become one of the Kingdom’s most environmentally diverse tourist attractions, adds to a number of already launched ventures on western coastal regions.
PIF will establish a company to develop Wadi Al-Disah in accordance with international best practices regarding environmental conservation and sustainable development.
In addition to this week’s tour, the king has so far visited Madinah, Qassim and Hail.