Get ready for hiked water, electricity bills from today

Updated 12 January 2016

Get ready for hiked water, electricity bills from today

JEDDAH: The Ministry of Water and Electricity will begin applying the new tariffs on water on Monday. The new charges were announced two weeks ago by Water and Electricity Minister Abdullah Al-Hussayen.
Sources reveal the ministry will begin issuing bills monthly, rather than every three months, so as to prevent customers from being burdened with hefty bills.
The ministry is expected to announce further details about the new tariffs on its website soon. There will be explanations of the new prices, as well as an awareness campaign targeting all members of society to inform them of ways of reducing their bills.
For those who economize, water will cost 0.15 halalas per cubic meter which is less than one-third of the real cost that the state bears. For those whose water usage per day is less than 30 cubic meters, the charge will be SR1 per day or about SR24 per month. As water usage increases, costs will also increase.

Gasem Al-Maimani, deputy governor at the Saudi General Authority for Military Industries

Updated 18 min 2 sec ago

Gasem Al-Maimani, deputy governor at the Saudi General Authority for Military Industries

Gasem Al-Maimani has been the deputy governor for industry development at the General Authority for Military Industries (GAMI) since July 2019.

Al-Maimani gained a bachelor’s degree with honors in mechanical engineering from Dhahran’s King Fahd University of Petroleum and Minerals, in 1989.

After his graduation, he joined Yanbu Petrochemical Co. where he worked for four years as a project manager. In April 1993, he was promoted to a packaging superintendent and continued in the role until January 2000, when he was appointed as acting manager of the company’s polymers reaction unit.

Four years later, he moved to Riyadh to join Saudi diversified manufacturing company SABIC as general manager of its polymers strategic business unit. Al-Maimani, who has held various top managerial positions, remained in his post for nearly eight years before becoming vice president for the Saudi National Industrial Cluster Development Program, a government-initiated scheme aimed at developing and supporting new industries.

In February 2012, Al-Maimani was selected as the Kingdom’s deputy minister of commerce and investment. After 16 months, he moved to the Qatrana Cement Co. and was its chairman for nearly five years.

In 2018, he became CEO of Taiba Investments, and was then appointed as GAMI’s deputy governor.

Recently, GAMI confirmed that the Kingdom would increase its support for scientific research from its military budget to 4 percent over the next 10 years. Al-Maimani said that there were currently 30 military factories in Saudi Arabia, but he predicted that the number would increase over the next decade with 50 percent of the country’s military industries becoming nationalized.