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.


Bab Rizq Jameel signs MoU with Al-Tamkeen Al-Amthal Recruitment to provide jobs

Bab Rizq Jameel signs MoU with Al-Tamkeen Al-Amthal Recruitment to provide jobs
Rola Basamad Senior General Manager of Bab Rizq Jameel Recruitment
Updated 24 January 2021

Bab Rizq Jameel signs MoU with Al-Tamkeen Al-Amthal Recruitment to provide jobs

Bab Rizq Jameel signs MoU with Al-Tamkeen Al-Amthal Recruitment to provide jobs

Under its “Education for Employment” program, Bab Rizq Jameel Recruitment signed a memorandum of understanding (MoU) with Al-Tamkeen Al-Amthal Recruitment, with the aim to provide economic opportunities for the unemployed in Saudi Arabia. The agreement also seeks to qualify young people for the labor market through the “Excellence in the Work Environment” program.
The MoU was signed by Rola Basamad, senior general manager of Bab Rizq Jameel Recruitment, and Abdullah bin Mansi Al-Ghamdi, general manager of Al-Tamkeen Al-Amthal Recruitment.
Under the agreement, Al-Tamkeen Al-Amthal Recruitment will conduct experimental qualification programs, in coordination with the “Education for Employment” program, and with a license from the International Education for Employment. Meanwhile, Bab Rizq Jameel Recruitment will develop a database for qualified individuals who wish to join the “Excellence in the Work Environment” program. It will also prepare some of its training facilities to provide qualification courses to the beneficiaries.

Since its inception, Bab Rizq Jameel has been making relentless efforts for the empowerment of Saudi youth in various aspects.

Rola Basamad, Senior General Manager of Bab Rizq Jameel Recruitment

“Since its inception, Bab Rizq Jameel has been making relentless efforts for the empowerment of Saudi youth in various aspects. This includes supporting and qualifying job seekers through many programs and agreements signed with both governmental and non-governmental agencies,” Basamad said. “The ‘Excellence in the Work Environment’ program launched in cooperation with Al-Tamkeen Al-Amthal Recruitment, is an incentive program for Saudi youth that develops practical tools necessary to improve and enhance young people’s skills and their employment opportunities so as to help them access the labor market,” she added.

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The ‘Excellence in the Work Environment’ program targets male and female Saudis between the ages of 18 and 27.

Al-Ghamdi said: “Al-Tamkeen Al-Amthal Recruitment was established to support and contribute to providing economic opportunities in the Kingdom for the unemployed. This agreement with Bab Rizq Jameel Recruitment seeks to support the efforts exerted by both parties to provide job opportunities and brilliant services for beneficiaries, which will help them join the labor market.”
“We invite young men and women in Saudi Arabia to participate in the ‘Excellence in the Work Environment’ program, which uses an approach that includes the most important needs of the Saudi labor market.”
The program targets male and female Saudis between the ages of 18 and 27 and includes training in the skills necessary to succeed in the labor market, such as effective communication in the workplace, emotional intelligence, excellence in customer service, time management and teamwork.