KAEC launches summer residential offering

KAEC launches summer residential offering
Residential communities in KAEC offer a direct view of the Red Sea.
Updated 10 August 2019

KAEC launches summer residential offering

KAEC launches summer residential offering

In line with the strategy to enhance the quality of life on its beaches, King Abdullah Economic City (KAEC) has announced the launch of its summer residential offering under the slogan “Own a Turquoise View and Get a Car Free.” 

The offer is valid until Aug. 31. The live-by-the-sea campaign, launched for the first time ever, offers a free car upon purchasing a residential unit, with flexible payment plan over the course of five years with zero interest, and only 20 percent down payment.

“The residential communities in KAEC offer a collection of lifestyle elements and amenities which is unprecedented for any developer in Saudi Arabia, especially for those seeking entertainment, relaxation and rejuvenation with a direct view of the Red Sea and within a progressive, private and safe environment supported by technologically advanced infrastructure and world-class amenities,” said Charles Biele, CEO of KAEC’S Real Estate Development Company. 

The campaign offers families and investors a wide range of housing solutions, making homeownership possible for all Saudi citizens, as well as an enriching lifestyle in KAEC and helping realize Saudi Vision 2030.

Residents enjoy a variety of exclusive and luxurious lifestyle experiences and benefit from KAEC’s numerous facilities, which include waterfront dining options, retail outlets, health care, security, mosques, the highest quality schools, world-class universities and a number of luxury sporting and recreational facilities.

The KAEC is the largest privately funded new city in the world. Situated on the west coast of the Kingdom, KAEC covers an area, approximately the size of Washington, DC. KAEC comprises King Abdullah Port, the Coastal Communities residential districts, the Haramain Railway district and the Industrial Valley. The city is under development by Emaar, The Economic City.


SAEI, PSAA partner with Spartan KSA for aircraft training

SAEI, PSAA partner with Spartan KSA for aircraft training
The MoU was signed by Ali Ashban, CEO of SAEI; Captain Ismael Alkoshy, MD of the PSAA; and Peter Harris, CEO of Spartan KSA; in the presence of Ibrahim Al-Omar, director general of Saudia.
Updated 24 January 2021

SAEI, PSAA partner with Spartan KSA for aircraft training

SAEI, PSAA partner with Spartan KSA for aircraft training

Two subsidiaries from Saudi Arabian Airlines Corporation — Saudi Aerospace Engineering Industries (SAEI) and the Prince Sultan Aviation Academy (PSAA) — have signed a memorandum of understanding (MoU) with Spartan KSA LCC, at the Saudi Arabian Airlines’ (Saudia) headquarters in Jeddah.
The scope of the agreement with Spartan will meet the growing demand for aircraft training programs within the Kingdom of Saudi Arabia. Furthermore, it will facilitate SAEI to expand the training services offered to include aspects of aircraft maintenance and aviation repair in airport terminals where Saudi Arabian Airlines operates.
The cooperation between the three organizations further enhances the leadership role of the PSAA in the aviation technical training industry and supports SAEI’s aircraft maintenance training programs.
The training services related to this MoU will be carried out by the PSAA. The aviation academy has been in operation for more than 60 years and provides extensive advanced training expertise in aviation to several air carriers in the Kingdom as well as regional and international airline operators.
Spartan will also provide advisory services in connection with the operations of the PSAA.
The agreement was signed by Ali Ashban, chief executive officer of SAEI; Captain Ismael Alkoshy, managing director of the PSAA; and Peter Harris, chief executive officer of Spartan KSA; in the presence of Ibrahim Al-Omar, director general of Saudia.

HIGHLIGHT

The scope of the agreement with Spartan will meet the growing demand for aircraft training programs within the Kingdom of Saudi Arabia.

The Prince Sultan Aviation Academy is the largest aviation training complex in Saudi Arabia. PSAA became a strategic business unit (SBU) of Saudia in 2010 that provides professional aviation advanced training to regional and global commercial air carriers. PSAA has the latest flight training equipment including full-flight simulators, fixed-training devices, computer-based training work stations/ classrooms, cabin emergency evacuation trainers and door trainers.
PSAA operates A320–200, B777–200, B777-300, A330/A340, B747–400, and B787-9 simulators, covering some of the most widely operated fleet types in the world, fitted to industry-leading specifications that permit training on most variants and sub-types.
Meanwhile, Saudia Aerospace Engineering Industries is a world-class full-service maintenance, repair and overhaul (MRO) organization, the leading MRO in Saudi Arabia and one of the largest and most experienced MROs in the Middle East and North Africa region. SAEI is wholly owned by Saudi Arabian Airlines Holding. SAEI’s headquarters and main base is located at King Abdulaziz International Airport in Jeddah.
Spartan KSA was established to provide aviation training expertise and services to organizations in Saudi Arabia. Spartan KSA is an affiliate of Spartan College of Aeronautics and Technology, which has provided training in the US since 1928 to more than 100,000 pilots and technicians from more than 60 countries, including Saudi Arabia. Spartan College operates from campuses in Oklahoma, California and Colorado. Spartan Global Aviation Training is the parent company of Spartan KSA and Spartan Iraq.