KSFS cites role in Saudi-Korean mutual exchanges

Abdullah Lee
Updated 07 February 2017

KSFS cites role in Saudi-Korean mutual exchanges

RIYADH: The Korea-Saudi Friendship Society (KSFS) outlined recently its activities to contribute to the mutual exchanges between the Kingdom and the Asian country.
Dr. Abdullah Lee, chairman of the society, told Arab News from Seoul that KSFS has held seminars involving the Kingdom and supported the application process for visa.
“We feel responsible to further encourage active exchanges between the two countries and KSFS is proud to participate in such initiatives,” he said.
He said that KSFS was established in 2004 with the support of many Saudis and is registered with the Korea Ministry of Foreign Affairs.
Lee added that the KSFS also initiated the publication of the “Korea-Saudi Newsletter” with the approval of the Saudi government starting 2010 when the G20 Seoul Summit was held.
He said “this bi-monthly newsletter is being distributed through on-line website and e-mailed to more than 4,000 subscribers and as of now it has printed its 36th edition.”
He added that through the media, KSFS was able to disseminate information and insights regarding business prospects in Korea.
Lee said that through its homepage (www.koreasaudi.com), KSFS also offers a variety of background knowledge on government policies, visa application, and business practices.
He added that more than 1,000 visitors visit KSFS homepage per day and more than 2.7 million viewers visited the site since 2007.
Lee said that in 2014, KSFS successfully celebrated the 10th anniversary of its establishment at a local hotel in Seoul with support from the Saudi Ministry of Commerce and Industry and the first Korea-Saudi Business Forum was also held.
He said that Saudi ministers, high-level officials and more than 200 entrepreneurs participated in the forum and had meetings with various Korean companies.
Lee, who worked in the Kingdom as diplomat for many years, also expressed his hope that the next forum will be held in the Saudi capital.

‘Wusool’ transport program benefits 60,000 Saudi women

Updated 20 February 2020

‘Wusool’ transport program benefits 60,000 Saudi women

RIYADH: Over 60,000 Saudi female employees have benefited from Wusool, a female transportation program that helps ease their daily commute.

The program aims to find solutions that reduce the burden of transportation costs for Saudi female workers in the private sector by providing them with subsidies from the Human Resources Development Fund (HRDF) for high-quality, safe and secure transportation services to and from the workplace, partnering with taxi companies through licensed smart apps.

The program aims to increase the participation of women in the labor market and increase job stability. 

The HRDF said it made amendments and updates to Wusool to ensure that the largest number of applicants benefitted from it. This comes as part of the HRDF’s support for women working in the private sector.

The procedures included amendments to the terms of enrollment in the program, including the requirement to be registered under the General Organization for Social Insurance (GOSI), where the employee should be registered for less than 36 months, and her monthly salary should not exceed SR8,000 ($2,132). SPA Riyadh

The amendments also included a fixed monthly financial support provided by HRDF, covering 80 percent of the cost at a maximum of SR800 per month, in addition to the cancelation of the previously planned financial participation of SR200, and extending the support period to 12 months.

Women working in the private sector can register for the Wusool program by visiting http://wusool.sa.