Misk forum aims to help Saudi youngsters to rise up in life

Prof. Shaima Hamidaddin, executive manager of Misk Foundation, speaks at the forum. (AN photo)
Updated 16 November 2017

Misk forum aims to help Saudi youngsters to rise up in life

RIYADH: The Misk Global Forum aims to empower young men and women to overcome challenges in life to become useful citizens in society, Prof. Shaima Hamidaddin, executive manager of the Misk Foundation, told Arab News after the opening of the second forum at the Four Seasons Hotel on Wednesday.
“It’s never been more important to empower young people to meet the challenges of the unprecedented change taking place around us, and that’s why the Misk Global Forum is so important, not only for the young people here in Saudi Arabia, but for those around the world,” she said.
“Our ambition through the global forum is to bring together global innovators, policymakers and high-potential young people to meet the challenge of change,” Hamidaddin explained.
Describing it as an action-oriented event, she said: “We want participants to create their own experiences over the next two days, choosing their own masterclasses and workshops, and to feel empowered to contribute, and inspired to learn how they can shape the future.”
The gathering has a varied schedule looking at four key areas of life for young people: Living, learning, working and contributing. Participants will be given insights into a range of issues including how artificial intelligence will affect tomorrow’s work and how young people can develop and deliver new social entrepreneurial ideas.
“It was important for us to secure a rich selection of speakers for the second annual gathering of the forum to provide young leaders, creators and innovators with a unique opportunity to engage and connect with established global innovators and leaders," Hamidaddin said, pointing out that through the participatory sessions young people from around the world will be able to explore, experience and experiment with cutting-edge concepts and ideas that can help them meet the challenge of change.
To become the pre-eminent global platform to discuss vital issues relating to young people, their future and the knowledge economy, she said, Misk has expanded the ambition and scope of the forum.
The forum, brainchild of Crown Prince Mohammed bin Salman and the largest youth event in the region, was inaugurated by Abdullah Alswaha, minister of telecommunications and information technology in the midst of a packed audience comprising local and foreign youths and experts in various fields.

Saudi housing program allocates monthly record 21,000 building plots

Updated 39 min 52 sec ago

Saudi housing program allocates monthly record 21,000 building plots

  • Riyadh received the largest issue of free lands

RIYADH: The Saudi Ministry of Housing allocated a monthly record of 20,907 plots for residential property building during October, according to official figures.

Riyadh received the largest issue of free lands under the ministry’s Sakani program at 4,443, with Makkah second on 2,797 and Eastern Province getting 2,205.

A statement from program officials said October had seen the biggest batch of land distribution across the Kingdom in preparation for the construction of housing units by beneficiaries, a situation made possible due to the electronic streamlining of the application process.

Other parts of the Kingdom to receive land allocations were Qassim (2,140), Madinah (2,058), Asir (1,665), Najran (1,301), Jazan (1,258), Hail (1,192), Northern Borders (809), Al-Baha (542), Jouf (420), and Tabuk (77).

“This comes as a continuation of the housing support Sakani provides throughout the Kingdom,” the statement said. “The handing of free lands will continue at the ministry’s branches, with areas ranging between 450 and 527 square meters each.”

It added that beneficiaries could complete procedures and choose appropriate housing plans online by visiting https://sakani.housing.sa/plans-map.

“Free lands are one of the options provided by the program. Beneficiaries may also apply for villas among the ministry’s projects, buy an under-construction residential unit in partnership with the private sector, buy a finished housing unit off the market, or acquire a 100 percent subsidized profit mortgage for landowners.”

Phase three of the 2019 Sakani program includes 200,000 housing and financing options, among them 50,000 free lands, 50,000 housing units in cooperation with the private sector, and 100,000 subsidized mortgages for the beneficiaries of the Real Estate Development Fund (REDF) in partnership with banks and financial institutions.