Saudi environment ministry initiates programs to propel agricultural sector growth

Saudi environment ministry initiates programs to propel agricultural sector growth
Dates hanging from the tree at a date plantation in Saudi Arabia. Shutterstock.
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Updated 06 December 2023
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Saudi environment ministry initiates programs to propel agricultural sector growth

Saudi environment ministry initiates programs to propel agricultural sector growth

RIYADH: Several initiatives are underway in Saudi Arabia by the Ministry of Environment, Water, and Agriculture to drive the growth of the agricultural sector and bolster its contribution to the gross domestic product through strategic training and investment incentives. 

Among these efforts are projects aimed at localizing agricultural professions through comprehensive training programs. The focus is on qualifying professionals in various fields, ranging from fishing trades to livestock management, beekeeping, and honey production. 

Additional government support is being extended through a series of legislative decisions, with the objective of enforcing high-quality standards for Saudi products. This is achieved by issuing food quality certificates and expediting the procedures for obtaining agricultural licenses.

The support also encompasses the provision of subsidies and the allocation of soft agricultural loans through the Agricultural Development Fund, the Saudi Press Agency reported. 

The ministry has introduced distinct labels for agricultural products, fish, and livestock in the Kingdom. These labels include “Organic,” “Fish,” “Saudi Dates,” and “Saudi Qab” certification. 

This allows farmers and investors to market and export their products, thereby expanding opportunities in both local and global markets. Simultaneously, it provides a dependable means to ensure quality and safety standards. 

This came during a workshop organized by the ministry, aligning with the Vision 2030 objectives for food security and sustainable agricultural development. The workshop was conducted under the title “Future Prospects for Investment in the Agriculture and Aquaculture Sector.” 

The workshop took place with the attendance of various private sector companies, investors, and experts in the agriculture and aquaculture sectors within the Kingdom, as reported by the SPA. 
Participants in the workshop expressed their consensus that the ministry is actively working toward implementing numerous initiatives and programs.  

These initiatives aim to foster and implement sound agricultural practices, advance applied agricultural research, and fortify frameworks for the sustainable development of food consumption. 

Moreover, the ministry reiterated its commitment to establishing the previously announced Regional Center for Sustainable Development of Marine Fisheries, demonstrating its dedication to supporting the aquaculture industry. 

The measures implemented by the ministry resulted in a substantial boost to the agricultural sector’s contribution to the GDP, reaching approximately SR100 billion ($27 billion) in 2022.  

Concurrently, total food production surged to around 11 million tons, contributing significantly to price stability and elevating self-sufficiency rates for essential goods and products in the Kingdom.


NEOM to host Zannier Hotels’ luxury resort in Magna region 

NEOM to host Zannier Hotels’ luxury resort in Magna region 
Updated 8 sec ago
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NEOM to host Zannier Hotels’ luxury resort in Magna region 

NEOM to host Zannier Hotels’ luxury resort in Magna region 

RIYADH: Saudi Arabia’s NEOM city is set to welcome a new luxury eco-resort, Zannier Zardun, in the Magna region following a recent agreement with the French hospitality group.  

The 800-room development, located within the 4-sq. km Zardun area, will feature three distinct buildings, each designed to offer a unique experience, according to a press release.  

Situated along the Gulf of Aqaba coastline, Zannier Zardun will provide a range of sports and leisure activities, including trekking, mountain biking, rock climbing, as well as stargazing, meditation, and yoga. 

This development aligns with Saudi Arabia’s broader economic diversification strategy, which aims to reduce the Kingdom’s reliance on oil by boosting tourism.  

The National Tourism Strategy targets attracting over 150 million visitors by the end of the decade and increasing the sector’s contribution to the Kingdom’s gross domestic product from 6 percent to 10 percent. 

Jeremy Lester, executive director at Magna, said: “Zannier Zardun epitomizes NEOM’s dedication to crafting unrivaled experiences that celebrate the precious environment and rich heritage of Magna. Together we will carefully and diligently cultivate and conserve the vibrant ecosystem along the coast for future generations.”   

He added: “This partnership with Zannier Hotels reflects a unified vision where ultra-luxury and sustainability coexist in perfect harmony. Zannier Zardun charters new horizons, merging our grand ambitions and shared values to create lasting memories for our guests and visitors to cherish.” 

NEOM introduced Magna in June, a sustainable development featuring 12 locations along 120 km of coastline. The project will include 15 hotels, 1,600 rooms, and over 2,500 residences. 

The region is projected to create 15,000 jobs, contribute SR2.6 billion ($693 million) to the Kingdom’s gross domestic product by 2030, house 14,500 residents, and attract 300,000 visitors annually. 

Arnaud Zannier, founder and CEO of Zannier Hotels, said that the agreement with NEOM could help solidify its position among top-tier hospitality brands. 

“It highlights our ambitious vision and commitment to excellence, serving as both a cornerstone for our brand’s evolution and a testament to our emergence as a formidable contender in the luxury hospitality market,” said Zannier.


Saudi Fund for Development finances over $20bn global projects in 50 years: Tourism minister

Saudi Fund for Development finances over $20bn global projects in 50 years: Tourism minister
Updated 31 min 54 sec ago
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Saudi Fund for Development finances over $20bn global projects in 50 years: Tourism minister

Saudi Fund for Development finances over $20bn global projects in 50 years: Tourism minister
  • SFD financed 77 health projects that resulted in 325 medical facilities in 45 countries
  • The fund also financed 230 projects in 71 countries in the transportation sector, including airports, roads, and ports

RIYADH: Exceeding a total cost of $20 billion, the Saudi Fund for Development has financed 800 projects in more than 100 countries over the last 50 years, according to a top official.

Saudi Minister of Tourism Ahmed Al-Khateeb revealed that the institution has financed 77 health projects that resulted in 325 medical facilities in 45 countries with a capacity of more than 25,000 beds. Most notable of the initiatives was King Faisal Hospital in Rwanda, which carried out the first kidney transplant in the country. 

He was speaking during a ceremony held by the fund to mark the 50th anniversary of its establishment in the capital, Riyadh. 

Al-Khateeb, who is also the chairman of the fund’s board of directors, said SFD funded 84 education projects to establish 600 academic facilities benefiting more than 1 million students, according to a statement. 

This falls in line with the fund’s vision to be a comprehensive strategic partner that advances the sustainable economic development of the world’s least developed countries.

It also aligns with its mission to empower the stable economic development of countries in need by leveraging the Kingdom’s resources to provide financial, technical, and human support to meet the needs of its partners. 

During his speech, the minister said the fund also financed 230 projects in 71 countries in the transportation sector, including airports, roads, and ports. 

These initiatives include the Velana International Airport in the Maldives, initially established in 1978, along with its expansion project to boost capacity from 2 million to 8 million passengers, and King Fahd Road in Djibouti. Additionally, the fund has financed 230 oil projects in more than 70 countries.


Saudi Arabia unveils new industrial initiatives to drive economic growth

Saudi Arabia unveils new industrial initiatives to drive economic growth
Updated 43 min 28 sec ago
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Saudi Arabia unveils new industrial initiatives to drive economic growth

Saudi Arabia unveils new industrial initiatives to drive economic growth

RIYADH: A revised investment licensing system and a new app are part of a series of initiatives announced by the Federation of Saudi Chambers of Commerce to strengthen the Kingdom’s industrial sector.

Announced at an open meeting organized by the group, the revision will enable investors to secure permits before finalizing spatial allocations, according to the Saudi Press Agency.

Other initiatives also include directing investments to optimal locations based on their advantages, developing the Industrial Platform with new services, and launching an Industrial App for easier access to services and incentives. 

A new model for customs exemptions has also been introduced, reducing the decision timeframe from 12 days to 48 hours. 

These developments underscore the industrial domain’s pivotal role in Saudi Vision 2030, highlighting the strategic steps taken to advance and support the sector’s growth.


Factory development consultant license launched in Saudi Arabia to boost industry 

Factory development consultant license launched in Saudi Arabia to boost industry 
Updated 56 min 54 sec ago
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Factory development consultant license launched in Saudi Arabia to boost industry 

Factory development consultant license launched in Saudi Arabia to boost industry 

JEDDAH: Saudi Arabia has introduced a new factory development consultant licensing service aimed at boosting the industrial sector. 

The initiative, launched by the Ministry of Industry and Mineral Resources, seeks to enhance industrial facilities, improve their operations, boost production efficiency, and leverage the expertise of national professionals in the industrial sector. 

The ministry stated that the tasks of the development consultancy license include reducing material costs and developing and implementing corporate strategies. 

This addition to the industrial consulting licenses is part of broader efforts to develop manufacturing facilities and their operations. 

The role involves organizing processes, improving quality standards, analyzing performance to enhance effectiveness and competitiveness, and engaging with company stakeholders such as investors and the board of directors. 

The Ministry of Industry noted that the license is issued based on a set of criteria and conditions. Applicants must be Saudi nationals holding at least a bachelor’s degree from a local university or college. 

Alternatively, applicants can qualify with an equivalent degree from an internationally recognized institution outside the Kingdom.


Qatar issues new law to localize private sector jobs

Qatar issues new law to localize private sector jobs
Updated 57 min 14 sec ago
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Qatar issues new law to localize private sector jobs

Qatar issues new law to localize private sector jobs
  • Law aims to to enhance the attractiveness of the labor market to the national workforce
  • It is expected to address several challenges that have previously hindered nationalization efforts

RIYADH: Qatar has issued a new law to nationalize private sector employment and ensure job security for its nationals, the Qatar News Agency reported. 

Issued on Sept. 1 by the Emir of Qatar, Sheikh Tamim bin Hamad, the legislation aims to provide a stable work environment for Qataris. It mandates the issuance of standard employment contract templates for job nationalization, which will be binding on entities subject to the law’s provisions.

The ruling aligns with the country’s National Vision 2030 goal of creating opportunities for employment and training for Qatari citizens. 

The law also supports the nation’s Third National Development Strategy, which aims to turn the country into a more productive labor market, focusing on high-skilled jobs. 

The strategy focuses on transitioning the country into the next stage of expansion through economic diversification, by creating an investment and business-friendly environment, and including more Qataris in the private sector workforce. 

The law’s primary objective is to enhance the attractiveness of the labor market to the national workforce, QNA said, citing Qatar’s Ministry of Labor.

It also seeks to increase companies’ ability to attract and integrate citizens, encourage Qatari participation in the private sector, and develop professional skills to meet the demands of the market. 

The law is expected to address several challenges that have previously hindered nationalization efforts, establishing the conditions and procedures necessary to make the private sector more attractive to Qatari nationals. 

According to the ministry, the entities subject to nationalization under the law include employers who are managing private establishments registered in Qatar’s commercial register, commercial companies operating in the state, and private non-profit organizations, sports institutions, and associations. 

The Labor Ministry said that it will also develop a job nationalization plan for the private sector by classifying companies based on size, workforce, and job types. 

The law empowers the ministry to provide incentives, facilities, and privileges, along with sponsoring citizens to complete their university studies to prepare them for roles in the private sector. 

The new decree will be effective six months after it is published in the country’s official gazette.

According to the statistics aggregator Spectator Index, the unemployment rate in Qatar is the lowest in the world at 0.1 percent. 

The country’s total unemployment rate has gradually fallen over the past three decades, dropping from 0.81 percent in 1991 to 0.17 percent in 2021.