Vision 2030 takes off

Updated 08 May 2016

Vision 2030 takes off

RIYADH: Custodian of the Two Holy Mosques King Salman announced sweeping changes and named new ministers as well as chiefs of local government bodies in a series of royal decrees issued here Saturday.

King Salman replaced the long-serving Minister of Petroleum and Mineral Resources Ali Al-Naimi with Saudi Aramco chief Khalid Al-Falih, who will now be responsible for energy, industry and mineral resources.
Tawfiq Al-Rabiah, who was in charge of commerce and industry, becomes the new health minister; while central bank (SAMA) Gov. Fahad Al-Mubarak has been replaced with Ahmed Al-Khulaifi.
Another new face is Majid Al-Qasabi, who has been appointed minister of commerce and investment. Mohammed Salih Bentin has been named minister of Haj and Umrah in the reshuffle that comes within the framework of the Kingdom’s Vision 2030 plan.
“The move to restructure the ministries and to appoint new faces is mainly intended to provide the best services to citizens and expatriates to achieve a prosperous future and sustainable development,” said the royal court statement.
“In order to achieve these objectives, a number of royal orders were issued Saturday, restructuring some ministries and government bodies and appointing a number of ministers and officials.”
The king, in fact, announced major changes and replaced the ministers in charge of energy, water, transport, commerce, social affairs, health and Haj besides establishing a new recreation and culture commission. He removed, renamed and combined some ministries, while explaining the need to carry out reforms to boost the economy and ensure development in the wake of falling oil prices.
The king dissolved the ministry of water and announced a new ministry for water, environment and agriculture. The Haj Ministry has been renamed Ministry of Haj and Umrah.
Referring to the central bank’s operations, the royal court statement said that Al-Khulaifi, who has been named SAMA governor, was deputy governor for research and international affairs at the central bank. His predecessor, Al-Mubarak, was named central bank governor in 2011.
The changes announced by King Salman come in line with the ambitious plans of Deputy Crown Prince Mohammed bin Salman that call for a radical overhaul of the economy by reducing the Kingdom’s dependence on oil.
The deputy crown prince recently unveiled Vision 2030, which stipulates several measures including privatization of state-owned institutions and a stake in Saudi Aramco to help fund the sovereign wealth fund.
According to the royal decrees, the Ministry of Commerce and Industry has been renamed the Ministry of Commerce and Investment, while the Ministry of Petroleum and Mineral Resources will be known as Ministry of Energy, Industry and Mineral Resources. It will also be entrusted with the task to undertake the management of the National Industrial Cluster Development Program.

The Ministry of Islamic Affairs has been named as the ‘Ministry of Islamic Affairs, Call and Guidance’. On the other hand, the Ministries of Labor and Social Affairs have been integrated to become one. The names of several national bodies have also been changed with additional mandates, rights and duties delegated to them.
The General Presidency of Meteorology and Environment Protection has been now named as the ‘General Authority for Meteorology and Environment Protection,’ and it will have a board of directors. The youth welfare presidency will be now known as ‘General Authority for Sports,” and the Saudi Public Education Evaluation Commission will be called ‘Education Evaluation Commission.’
Referring to other national organizations, the royal decrees said that the Zakat Department has been renamed ‘General Authority for Zakat and Income,’ with a board of directors chaired by the minister of finance. A General Authority for Entertainment has also been established besides a General Authority for Culture. In terms of supervisory roles, the minister of health shall chair the board of directors of the Saudi Red Crescent Authority.
The minister of energy, industry and mineral resources shall chair the board of directors of the Royal Commission for Jubail and Yanbu, Saudi Industrial Development Fund (SIDF), Saudi Organization for Industrial Estates and Technology Zones, Saudi Geological Survey, King Abdulaziz City for Science and Technology (KACST), Saudi Exports Development Authority and the King Abdullah City for Atomic and Renewable Energy.
In terms of appointments, the chairman of the board of directors of the Saudi Food and Drug Authority (SFDA) and the president of the Council of Competition as well as the chairman of the board of directors of Electricity and Cogeneration Regulatory Authority shall be appointed by royal order. The General Authority of Civil Aviation (GACA) will be linked to the minister of transport.
King Salman also issued royal orders appointing Sulaiman bin Abdullah Al-Hamdan to the post of minister of transport. The outgoing petroleum minister Al-Naimi and Sheikh Saad bin Nasser Al-Shathri will now serve as advisers at the royal court with the rank of minister.
Also, Prince Turki bin Mohammed bin Saud Al-Kabeer has been named as adviser to the king with the rank of minister.
Other important appointments include that of Prince Khalid bin Saud bin Khalid to the post of adviser at the Royal Court (excellent rank), Prince Mohammed bin Saud bin Khalid as member of Shoura Council; Prince Bandar bin Saud bin Mohammed as adviser at the Royal Court; Prince Faisal bin Khalid bin Sultan bin Abdulaziz as adviser at the Royal Court (excellent rank) and Prince Mohammed bin Abdulrahman bin Abdulaziz as adviser at the Royal Court.
Sulaiman bin Abdullah bin Humoud Abalkhail was named the new rector of Imam Mohammed bin Saud Islamic University with the rank of minister, while Prince Abdullah bin Musaad bin Abdulaziz, will be new president of General Authority for Sports. Musaed bin Mohammed Al-Aiban, the outgoing minister of state and member of the Council of Ministers, will now head the Education Evaluation Commission.

Misk Initiatives Center signs 12 deals to develop youth talent

Updated 15 November 2019

Misk Initiatives Center signs 12 deals to develop youth talent

  • MoUs with top firms such as Chinese tech giant Huawei, French oil major Total open new opportunities

RIYADH: The Prince Mohammed bin Salman’s Foundation Misk Initiatives Center has signed 12 memorandums of understanding (MoU) on the sidelines of the Misk Global Forum in Riyadh with local and international companies to support and develop youth talent.

Among the companies were the Chinese tech giant Huawei, the French oil firm Total, the Emirati Federal Youth Authority, and the Ministry of Economy and Planning.

The agreements stipulated joint work between the two parties in the fields of talent development in Saudi Arabia and information and communications technology, in accordance with the National Transformation Program 2020 and the Kingdom’s Vision 2030. 

This initiative aims to find ways of cooperation and employment opportunities between the two parties.

The MoU signed between the center and the Emirati Federal Youth Authority provides for the enhancement of joint cooperation in support of youth. 

The two parties will seek to discuss future cooperation, to build a strategic partnership between the two parties in exploring potential cooperative opportunities and setting a framework for such cooperation, in addition to organizing the exchange of technologies and innovations through the joint organization of courses, forums and workshops.

The MoU aims at creating a specialized scientific dialogue between the two parties, conducting joint research at the institutes in the field of entrepreneurship and the skills of the future, considering launching joint initiatives, and examining the possibilities of cooperative programs based on the extensive experience of Misk and the Federal Youth Authority.

Misk’s Initiatives Center agreement with Total will promote joint cooperation, find training opportunities for Saudi talent at the company’s headquarters and facilities, and cooperate on educational programs that support entrepreneurship and an ecosystem for startup companies, especially in the fields of energy and technology.

The Misk Global Forum also witnessed the signing of a MoU with “Hub71” to promote learning and leadership among Saudi youth, and enhance opportunities for joint collaboration, in addition to two MoUs with 500 startups and seed stars “to promote joint cooperation between the two parties, to develop and grow the business of startups and provide them with the necessary

Misk also signed a MoU with the Public Institution for Education and Global Leadership to promote joint cooperation and achieve the objectives of both sides, to support innovation initiatives that instill the entrepreneurial mindset of young people, as well as the establishment and organization of entrepreneurship approaches. 

Both parties agreed to focus on exploring potential collaborative opportunities related to the Entrepreneurship World Cup, and establish a competition with competitors coming from 170 countries.

Both parties also agreed to support international competitions aimed at identifying the best solutions in various fields and sectors, as well as exchanging programs on entrepreneurship and innovation.

The center has signed a MoU with the Saudi Industrial Development Fund to discuss the possibility of providing training programs and courses for the center’s employees of the Fund and the relevant authorities. In addition to discussing available opportunities for cooperative training within the Fund, and providing opportunities for participation and contribution of the Fund’s staff in Misk’s programs.

The MoU aims to explore the benefits of existing agreements between the two parties with international financial and educational institutions, in order to find opportunities that provide programs, training and educational courses, and granting cooperative trainings for Saudi youth in those global institutions.

The center also signed a MoU with the Islamic Educational, Scientific and Cultural Organization (ISESCO), aiming to enhance joint cooperation on educational technology and its integration into the educational systems in the Islamic world.

An MoU with King Abdullah University of Science and Technology (KAUST) will enhance the cooperation between the two parties in several initiatives, including academic development, training, entrepreneurship and innovation programs.

An MoU with Endeavor Saudi Arabia will support the Kingdom’s youth, enhance their talents and potential, stimulate economic growth, and find ways of cooperation between the two parties that serve their common interests.

The center’s MoU with the Ministry of Economy and Planning aims to spread awareness, provide new information on the education and training of human resources in the administrative and economic fields, youth empowerment, and coordinate efforts to raise their abilities.

The MoU aims to create cooperative training opportunities in local and international institutions with the purpose of workforce growth in the Kingdom’s economic sector, contributing to the development of national competencies in the economy, policies and procedures, strategic planning, in addition to providing job opportunities for graduates from areas that serve the interests of both parties and support the achievement of the Kingdom’s Vision 2030.