Saudi ministry, Red Sea Development company sign deal for CSR initiatives

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Updated 08 May 2020

Saudi ministry, Red Sea Development company sign deal for CSR initiatives

RIYADH: The Red Sea Development Co. (TRSDC), the developer behind one of the world’s most ambitious tourism initiatives, signed a memorandum of understanding (MoU) with the Ministry of Human Resources and Social Development.

In an effort to enrich local communities through corporate social responsibility (CSR) programs, the MoU extends over a full calendar year and is renewable for the same period.

The MoU was signed by John Pagano, CEO of the RSDC, and Suliman Alzben, undersecretary of social development at the ministry. 

“This MoU represents a collaborative framework towards enhancing our CSR, which is in line with the sustainable development goals of the Kingdom. Giving back to the people of Saudi Arabia — and our local communities in particular — is an important part of our vision as a company,” said Pagano.

“This initiative is jointly aimed at strengthening and improving the quality of life for those in close proximity to our project,” he added.


Saudi candidate through to next round of WTO race

Updated 18 September 2020

Saudi candidate through to next round of WTO race

  • Tuwaijri is among three women and one other man bidding to become the next director-general of the WTO
  • The other remaining candidates are from Kenya, Nigeria, South Korea, and the UK

Saudi Arabia’s candidate Mohammad Al-Tuwaijri advanced to the second round of the selection process, the Geneva-based World Trade Organization said on Friday.
Tuwaijri is among three women and one other man bidding to become the next director-general of the WTO. The remaining candidates are Kenyan minister Amina Mohamed, former Nigerian Finance Minister Ngozi Okonjo-Iweala, South Korean Trade Minister Yoo Myung-hee and British ex-minister Liam Fox.