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Saudi, Egyptian Housing Ministers Review Urban Projects

Egypt’s Minister of Housing, Utilities and Urban Communities Assem el-Gazzar during his tour in urban projects (Asharq Al-Awsat)
Egypt’s Minister of Housing, Utilities and Urban Communities Assem el-Gazzar during his tour in urban projects (Asharq Al-Awsat)
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Saudi, Egyptian Housing Ministers Review Urban Projects

Egypt’s Minister of Housing, Utilities and Urban Communities Assem el-Gazzar during his tour in urban projects (Asharq Al-Awsat)
Egypt’s Minister of Housing, Utilities and Urban Communities Assem el-Gazzar during his tour in urban projects (Asharq Al-Awsat)

Egypt’s Minister of Housing, Utilities, and Urban Communities, Assem el-Gazzar, visited Saudi Arabia and inspected major housing projects in Madinah.

A press statement issued by the Egyptian Ministry said that the Minister listened to a detailed explanation of the residential projects in the city and other housing projects that the company is undertaking in the Kingdom.

The Madinah Region Development Authority (MRDA) hosted the Egyptian Minister to review the projects implemented to develop the al-Masjid al-Nabawi.

Gazzar also visited the Makkah Islamic Museum.

Later, the Egyptian Minister met Saudi Minister of Municipal and Rural Affairs and Housing Majid al-Hogail, and Undersecretary of the Ministry of Municipal and Rural Affairs and Housing for customer experience and service Prince Saud bin Talal bin Badr.

The meeting reviewed Cairo’s urban experience and the most important projects implemented in Egypt.

The statement explained that the officials also examined the ongoing housing projects in Jeddah and the overall housing strategy in Saudi Arabia.

They also visited two housing sites, several housing units of various designs, and the historic sites in Jeddah.

The Egyptian Minister was accompanied by Deputy Minister of Housing for National Projects Khaled Abbas, Assistant Minister and Supervisor of the Minister’s Office Major General Mohammad Essamedin Ramadan, and Assistant Minister of Housing for Technical Affairs Abdul Khaliq Ibrahim.

The Saudi delegation included General Supervisor of Housing Affairs Nedal Alem, Public Relations and Media Supervisor in Makkah Region Ahmed al-Koudari, and Bilateral Relations, International Relations Manager Mazen al-Saadi.

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Business

Sultan of Oman Stresses Private Sector’s Role, Alongside Government, in Employing Citizens

Sultan Haitham bin Tariq met on Monday at Al-Baraka Palace with business leaders, owners of SMEs, and startup representatives. (ONA)
Sultan Haitham bin Tariq met on Monday at Al-Baraka Palace with business leaders, owners of SMEs, and startup representatives. (ONA)
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Sultan of Oman Stresses Private Sector’s Role, Alongside Government, in Employing Citizens

Sultan Haitham bin Tariq met on Monday at Al-Baraka Palace with business leaders, owners of SMEs, and startup representatives. (ONA)
Sultan Haitham bin Tariq met on Monday at Al-Baraka Palace with business leaders, owners of SMEs, and startup representatives. (ONA)

Sultan Haitham bin Tariq of Oman emphasized the role of the private sector in creating job opportunities for Omanis, urging businesses to make use of the economic incentives provided by the government to support local employment.
During a meeting on Monday at Al-Baraka Palace with business leaders, owners of small and medium enterprises, and startup representatives, Sultan Haitham affirmed that addressing unemployment is the top priority for the government.
He underscored the private sector’s responsibility to join efforts with the government in providing employment, training, and development for citizens by leveraging government incentives, programs, and initiatives aimed at supporting the private sector.
Discussing the banking sector, he highlighted its importance as a “cornerstone of modern economies and a key player in economic growth and shaping the business environment.”
The Sultan also pointed to the adoption of the national policy on local content, which aims to enhance the competitiveness and growth of the national economy. He stressed the importance of the private sector’s role in advancing this policy by localizing industries, prioritizing local products in purchasing and tenders, thereby creating job opportunities for Omanis, reducing import dependence, boosting exports, and increasing the GDP.
Sultan Haitham reviewed Oman’s financial and economic performance, noting the positive outcomes achieved through effective government-private sector partnerships. These partnerships have contributed to GDP growth and the continued improvement of Oman’s credit rating, which in turn enhances business and investor confidence, creating an attractive investment climate that supports the growth of various economic sectors.
He also called for strengthened partnerships between the government and private sector to ensure a favorable environment for investment and local economic development.
Sultan Haitham commended the efforts of the Financial and Economic Committee in the Council of Ministers, the Ministry of Commerce, Industry and Investment Promotion, and the Authority for Small and Medium Enterprises Development.
In coordination with the Oman Chamber of Commerce and Industry, these entities hold regular meetings with business leaders and investors to continuously address the challenges facing the private sector, particularly small and medium enterprises, and work towards viable solutions.