1st virtual school launched in Jazan’s Sabya

Saudi Arabia has pledged to raise its literacy rate from 94.4 percent to 100 percent in the near future. (Shutterstock)
Updated 12 December 2018

1st virtual school launched in Jazan’s Sabya

  • Saudi Education Ministry made all its digital textbooks available through the portal of ien.edu.sa to ensure if they are accessible to students

JEDDAH: Sabya Directorate of Education in Jazan on Tuesday inaugurated the first virtual school for students with special needs.
The assistant director of education in Sabya governorate, Hanan bint Ali Al-Hazimi, inaugurated the school.
Al-Hazimi said the virtual school was important due to the hardships faced by students with special needs.
She said the virtual school aims to provide an opportunity to all those students who are otherwise unable to continue their studies. Recently, the Saudi Education Ministry made all its digital textbooks available through the portal of ien.edu.sa to ensure if they are accessible to students.
The move was part of the ministry’s efforts to adopt digital technology in the education sector. Saudi Arabia has pledged to raise its literacy rate from 94.4 percent to 100 percent in the near future. With illiteracy rates cut to below 5.6 percent, the Kingdom leads many Arab and Asian countries in achieving literacy targets.


Moath Al-Naeem, chief investment officer of Alpha Capital

Updated 5 min 58 sec ago

Moath Al-Naeem, chief investment officer of Alpha Capital

Moath Al-Naeem has been chief investment officer of Alpha Capital since its establishment in March 2018.

Alpha Capital is a rapidly growing company licensed by the Capital Market Authority and with assets well above SR1 billion ($267 million).

Before joining the company, Al-Naeem worked for almost a decade in Saudi Aramco’s investment department, which handled the oil giant’s multibillion-dollar pension and savings plans.

Al-Naeem began his career as a financial analyst in fixed income and public equity desks. Afterwards, he led the international real estate desk, where he conducted an on-site investment review and due diligence on several funds to build the global real assets portfolio.

He worked on the restructuring of Aramco’s thrift savings plan and was part of a team that led the successful spin-off of the investment department to a standalone entity, Wisayah Investment Co.

Al-Naeem, a CFA charter holder, earned his MBA from Imperial College London, and attended executive programs in real estate and private equity at Harvard and London Business School, respectively.

He is a board member of Dammam Airport Co. and Siporex Lightweight Construction Co., and a member of the Investment and Financial Papers Committee at the Riyadh Chamber of Commerce and Industry. He was also a board member of the CFA Society in Saudi Arabia.