Saudi authority for small businesses Monshaat announces annual Ebtker award to scale up SMEs

Saudi authority for small businesses Monshaat announces annual Ebtker award to scale up SMEs
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Updated 13 October 2021

Saudi authority for small businesses Monshaat announces annual Ebtker award to scale up SMEs

Saudi authority for small businesses Monshaat announces annual Ebtker award to scale up SMEs

RIYADH: The General Authority for Small and Medium Enterprises is launching the annual Ebtker Award to promote national entrepreneurship and innovation. The award aims at spreading the culture of innovation in the Kingdom.

Monshaat invites all innovative enterprises that meet the conditions to register for the award, encouraging them to grow by supporting and enabling them, facilitating their access to partners in the innovation system, and highlighting them locally and globally.

The authority offers a package of advantages to innovative SMEs that qualify for the final stages, such as enrolling them in innovative growth programs.

These programs aim to develop their innovations and connect them with an elite group of consultants and trainers specialized in the operational, technical, financial, and other fields.

Monshaat is constantly working to provide programs that enhance initiative and innovation, spread the culture of self-employment and promote pioneering work.

Monshaat clarified, through its accounts on social networks, about opening the door for registration in the award for three tracks: Small, micro and medium enterprises through https://ebtker.monshaat.gov.sa/


Saudi minister Al-Jubeir, Spanish envoy discuss ways to enhance Saudi-Spanish ties

Saudi minister Al-Jubeir, Spanish envoy discuss ways to enhance Saudi-Spanish ties
Updated 5 sec ago

Saudi minister Al-Jubeir, Spanish envoy discuss ways to enhance Saudi-Spanish ties

Saudi minister Al-Jubeir, Spanish envoy discuss ways to enhance Saudi-Spanish ties

RIYADH: The minister of state for foreign affairs, Adel Al-Jubeir, on Sunday received the Spanish ambassador to the Kingdom, Alvaro Iranzo, the Saudi Press Agency reported. 

During their meeting in Riyadh, they reviewed bilateral relations between the two countries and ways to support and develop them.

They also discussed regional and international developments of common interest.

The meeting was attended by the Foreign Ministry’s undersecretary for multilateral international affairs, Abdulrahman bin Ibrahim Al-Rassi.

Crown Prince Mohammed bin Salman received a phone call last month from Spanish Prime Minister Pedro Sanchez.

They reviewed bilateral relations between the two countries and ways to enhance them in various fields.

On Oct. 12, King Salman and the crown prince sent greetings to King Felipe VI of Spain on the country’s national day.

They wished the king good health and happiness and the government and people of Spain progress and prosperity.

 


A new batch of Saudi pilots get their wings

A new batch of Saudi pilots get their wings
Updated 4 min 57 sec ago

A new batch of Saudi pilots get their wings

A new batch of Saudi pilots get their wings
  • Pilots must complete the three years of training before getting their wings

JEDDAH: A new batch of young female and male pilots are taking to the skies after receiving their pilot licenses from the Oxford Saudia Flight Academy on Sunday.

Pilots from the academy’s first graduating class will now receive a three-year contract where they will develop their skills and reach up to 750 hours annual flying hours.

The academy was established in 2018 near King Fahd International Airport in Dammam at the Saudi National Center of Aviation.

As the eighth branch of the Oxford pilot school, it aims to bring the best aviation trainers to the Kingdom.

The Saudi National Center of Aviation aims to have a pilot school, a maintenance training center, and a simulator training center for commercial airlines.

The training program at the school is approved under the GACAR 141 pilot school certification and caters to students in the GCC region.

Pilots must complete the three years of training before getting their wings.

The first year includes learning the basics and passing the flight acceptance test.

In the second year, students learn the practical dynamics of flying and are provided with three licenses at the end of their performance.

They earn the private pilot license, the instrument use license, and the commercial pilot license, which enables them to train on the Airbus 320 in their final year.

Every year, 300 students are enrolled in the training, with female students making up 10 percent of the classes.

The academy is expected to open two more branches at King Abdulaziz University in Jeddah and at Princess Nourah University in Riyadh.

The academy has agreements with five Chinese airlines and an Ethiopian airline for training its their students.

It has also signed a contract to purchase 60 European Diamond aircraft, as well as four flight simulators dedicated to the Diamond. It will manufacture one full-motion and one fixed-motion Airbus 320 simulator, costing SR50 million ($13.3 million).


Who’s Who: Abdullah Mohammed Al-Sadhan, vice governor at KSA’s  Zakat, Tax and Customs Authority

Who’s Who: Abdullah Mohammed Al-Sadhan, vice governor at KSA’s  Zakat, Tax and Customs Authority
Updated 27 min 27 sec ago

Who’s Who: Abdullah Mohammed Al-Sadhan, vice governor at KSA’s  Zakat, Tax and Customs Authority

Who’s Who: Abdullah Mohammed Al-Sadhan, vice governor at KSA’s  Zakat, Tax and Customs Authority

Abdullah Mohammed Al-Sadhan is vice governor of operations at the Zakat, Tax and Customs Authority after the merger of the General Authority of Zakat and Tax and the General Authority of Saudi Customs as of October 2021.

Prior to assuming this role, he served as deputy governor of operations at the erstwhile GAZT since 2017 and played a prominent role in the implementation of VAT in the Kingdom. This gained him a reputation as a strong and supportive leader who can successfully deliver national-level strategic projects in challenging and highly pressurized environments.

Before joining the ZATCA, he worked as director of planning and performance at STC from 2016 to 2017, where he devised and implemented strategic business plans, contributed to the expansion of business opportunities and managed bottom-line factors to maximize efficiency and realize substantial revenue growth.

He worked as an advisor at the Saudi Organization for Certified Public Accountants from 2013 to 2016, where he participated, in collaboration with the former Ministry of Commerce and Industry, in building and launching the Qaweem system, which allows companies to deposit all financial information electronically using innovative technology tools, such as InlineXBRL. Here, Al-Sadhan also played a prominent role in establishing the Bayan Credit Bureau.

Prior to this, he also worked with the Saudi Stock Exchange from 2006 to 2013, where he led major projects including new system implementations and the introduction of a new issuer listing process.

Al-Sadhan is also currently a board member at the Saudi Business Center and SOCPA since January 2019.

He was a member of the Audit Committee at the Bayan Credit Bureau from June 2017 to December 2020.

He earned a bachelor’s and master’s degree in professional accounting from King Saud University and a diploma in commercial banks credit from the Arab Academy for Banking and Financial Services.


Saudi Arabia’s MiSK launches youth leadership program

Saudi Arabia’s MiSK launches youth leadership program
Updated 18 October 2021

Saudi Arabia’s MiSK launches youth leadership program

Saudi Arabia’s MiSK launches youth leadership program
  • 160 students will participate in the first edition of the program, hosted by the Royal Commission in Yanbu

RIYADH: The Mohammed bin Salman Foundation (MiSK) is launching an educational program to guide future leaders and enhance their capabilities to overcome challenges.
The “Leaders of Tomorrow” program includes a training camp that takes participants on a field trip to the center of Yanbu.
The program, which will be launched at the end of November, will be the first physical training since programs became distance due to the COVID-19 pandemic.
Secondary school and university students will take part in a self-challenging journey that represents a unique opportunity to discover their potential in facing difficulties and solving problems, and work with a team of mentors to hone their skills and prepare them to succeed as leaders in taking on challenges on their own.
In its first edition, hosted by the Royal Commission in Yanbu, 160 students aged between 17 and 24 will participate in the program. They were accepted after a nomination process that began last March.
The “Leaders of Tomorrow” program is one of a series of programs launched by the foundation to prepare young people to chart a promising path for themselves through its work.


Saudi, US navies begin mixed maritime exercise to protect Red Sea

The Royal Saudi Naval Forces and the US Navy launch the Indigo Defender — 21 bilateral naval exercise in the Kingdom’s Western Fleet. (SPA)
The Royal Saudi Naval Forces and the US Navy launch the Indigo Defender — 21 bilateral naval exercise in the Kingdom’s Western Fleet. (SPA)
Updated 17 October 2021

Saudi, US navies begin mixed maritime exercise to protect Red Sea

The Royal Saudi Naval Forces and the US Navy launch the Indigo Defender — 21 bilateral naval exercise in the Kingdom’s Western Fleet. (SPA)

RIYADH: The Royal Saudi Naval Forces (RSNF) and the US Navy on Sunday launched a mixed joint naval exercise in the Kingdom’s Western Fleet, the ministry of defense announced.
The “Indigo Defender — 21” exercise was launched in the presence of Rear Admiral Mansour bin Saud Al-Juaid, the Assistant commander of the Western Fleet and commander of the exercise, Rear Admiral Mansour bin Saud Al-Juaid, and Col. Daniel Bailey of the US Navy.
The exercise’s commander said the 10-day maneuvers aim to strengthen relations and military cooperation, raise the level of combat readiness and preparedness between the RSNF and the US Navy.
It also aims to exchange expertise in the field of port protection, clearing land and underwater mines, and contribute to developing security capabilities by protecting and securing the regional and international waterways to ensure freedom of navigation in the Red Sea.