Saudi development fund inaugurates $88 million transport, education projects in Sri Lanka

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Sri Lankan Prime Minister Mahinda Rajapaksa and Saudi Fund for Development CEO Sultan Al-Murshed and laid the foundation stone for the Wayamba University development project on Tuesday. (SPA)
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Sri Lankan Prime Minister Mahinda Rajapaksa and Saudi Fund for Development CEO Sultan Al-Murshed and laid the foundation stone for the Wayamba University development project on Tuesday. (SPA)
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Sri Lankan Prime Minister Mahinda Rajapaksa and Saudi Fund for Development CEO Sultan Al-Murshed and laid the foundation stone for the Wayamba University development project on Tuesday. (SPA)
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Sri Lankan Prime Minister Mahinda Rajapaksa and Saudi Fund for Development CEO Sultan Al-Murshed and laid the foundation stone for the Wayamba University development project on Tuesday. (SPA)
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Updated 29 December 2021
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Saudi development fund inaugurates $88 million transport, education projects in Sri Lanka

  • Road and university schemes to boost economic, social capacity for sustainable growth

RIYADH: The Saudi Fund for Development on Tuesday inaugurated a road improvement project valued at $60 million in Sri Lanka, the Saudi Press Agency reported.

The road project, which runs from Peradeniya, Badulla to Chenkaladi, aims to develop the infrastructure of the transport sector, reduce the death rates and injuries caused by traffic accidents, improve road safety and reduce traffic jams, and benefit more than 3 million people.

The road is a major link between the eastern and southern provinces and other regions in Sri Lanka, and is essential to the movement of a wide range of agricultural products.

During the opening ceremony, Johnston Fernando, Sri Lankan minister of highways, praised the Kingdom’s contributions through the SFD in supporting and developing infrastructure projects in Sri Lanka, adding these projects contribute to improving social and economic conditions.

Meanwhile, Sri Lankan Prime Minister Mahinda Rajapaksa and the fund’s CEO, Sultan Al-Murshed, laid the foundation stone for the Wayamba University development project, which the SFD funded with $28 million.

The second project aims to support teaching and learning opportunities for more than 5,000 students annually, and raise the quality of education to enhance the economic and social capacity for sustainable growth.

Al-Murshed said the fund works to achieve quality education and community well-being, and supports social activities.

The fund is looking forward to developing education through this project and enabling the university to provide support to the community in the Kuliyapitiya and Makandura regions, he added.

Rajapaksa held talks with Al-Murshed and his delegation on the sidelines of their visit to the South Asian island nation, to discuss the development projects financed by the fund and follow up on the progress of their implementation.

The prime minister also praised the Kingdom’s contributions to achieve sustainable development goals.

The delegation toured an epilepsy hospital project, which opened in 2017, and is one of the fund’s projects in Sri Lanka’s health sector valued at $32 million.

The SFD has provided 15 development loans to help finance and implement 13 projects in the water, energy, health, roads and education sectors, with a total of $425 million.


Al-Baha Honey Festival to begin Tuesday

The 16th International Honey Festival kicks off on Tuesday, July 23 in Baljurashi Governorate. (SPA)
Updated 7 sec ago
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Al-Baha Honey Festival to begin Tuesday

  • Al-Zahrani added that all types of honey exhibited are tested carefully to ensure quality

AL-BAHA: Under the patronage of Al-Baha Gov. Prince Hussam bin Saud bin Abdulaziz, the 16th International Honey Festival kicks off on Tuesday, July 23, organized by the Ministry of Environment, Water and Agriculture and held at the Cooperative Association of Beekeepers headquarters in Baljurashi Governorate.

Fahd Al-Zahrani, director general of the ministry’s Al-Baha branch, said the festival will continue for 14 days until Aug. 5.

The 16th International Honey Festival kicks off on Tuesday, July 23 in Baljurashi Governorate. (SPA)

He said the festival will witness the participation of 90 beekeepers from seven countries to showcase their products.

Al-Zahrani added that all types of honey exhibited are tested carefully to ensure quality.

The 16th International Honey Festival kicks off on Tuesday, July 23 in Baljurashi Governorate. (SPA)

Nine governmental, civil, and voluntary entities are also participating in the festival, which is one of the most important agricultural festivals in the Kingdom, attracting exhibitors and experts from around the world every year.

 


Financial district in Riyadh earns SmartScore Neighborhood certification

View shows the King Abdullah Financial District, north of Riyadh, Saudi Arabia. (SPA)
Updated 13 sec ago
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Financial district in Riyadh earns SmartScore Neighborhood certification

  • With this certification, the financial district becomes the first development in the Middle East and Africa to receive WiredScore’s SmartScore Neighborhood certification

RIYADH: The King Abdullah Financial District obtained the SmartScore Neighborhood certification by WiredScore, the world’s leading authority on smart building technologies, for its excellence in advanced digital infrastructure that provides a robust network, sustainability and seamlessness at the level of living, work and leisure.

With this certification, the financial district becomes the first development in the Middle East and Africa to receive WiredScore’s SmartScore Neighborhood certification.

The recognition comes after a rigorous evaluation and certification process that started in Sept. 2023, when WiredScore announced at a Cityscape Global event in Riyadh that KAFD met the pre-certification criteria for the SmartScore Neighborhood certification.

 


Saudi defense minister meets with French ambassador to Kingdom in Riyadh

Updated 22 July 2024
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Saudi defense minister meets with French ambassador to Kingdom in Riyadh

  • Reviewed relations between KSA and France and discussed number of issues and topics of common interest

RIYADH: Saudi defense minister Prince Khalid bin Salman met with the French ambassador to the Kingdom, Ludovic Pouille, in Riyadh on Monday.

During the meeting, they reviewed relations between Saudi Arabia and France and discussed a number of issues and topics of common interest, Saudi Press Agency reported.

The meeting was also attended by Prince Abdulrahman bin Mohammed bin Ayyaf, the deputy minister of defense and the Chief of the General Staff, Lieutenant General Fayyad bin Hamed Al-Ruwaili.

The assistant minister of defense for executive affairs, Khalid bin Hussein Al-Bayari, and the director general of the office of the minister of defense, Hisham bin Abdulaziz bin Saif, were also in attendance.

On the French side, it was attended by the military attache to the Kingdom Jean-Christophe Guerdet and the ambassador’s adviser Wassim Zammat.


Saudi Real Estate Registry clinches prestigious Esri GIS Award

Updated 22 July 2024
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Saudi Real Estate Registry clinches prestigious Esri GIS Award

  • Accolade, awarded at the international Esri User Conference in the US, recognizes the registry’s innovative application of geographic information system technology
  • RER CEO Mohammed Al-Sulaiman: It supports our vision of creating a comprehensive real estate registry for all property data and information in the Kingdom

RIYADH: The Saudi Real Estate Registry has been honored with the 2024 Special Achievement in GIS (SAG) Award, presented by the Environmental Systems Research Institute (Esri), the Saudi Press Agency reported.

The accolade, awarded at the international Esri User Conference in the US, recognizes the registry’s innovative application of geographic information system technology.

According to the SPA, Mohammed Al-Sulaiman, CEO of the Saudi Real Estate Registry, received the award from Esri CEO Jack Dangermond, highlighting the organization’s exceptional use of spatial technologies and AI-supported geospatial data predictive analysis. The registry has developed a detailed geospatial map of Saudi Arabia’s real estate using ArcGIS and Esri technologies.

“This award confirms our world-class implementation of GIS technologies,” Al-Sulaiman said. “It supports our vision of creating a comprehensive real estate registry for all property data and information in the Kingdom, with geospatial surveying as the foundation for property registration.”

Since its inception, the Real Estate Registry has employed a range of advanced technologies in executing geospatial operations, including drones, digital geospatial solutions and systems, remote sensing, AI and satellite-based GPS, the SPA reported.

The registry aims to produce a reliable and updated real estate map, the first of its kind in the Kingdom, covering more than 100,000 sq. km of urban areas, encompassing 8 million plots and generating 5,000 terabytes of data.

Al-Sulaiman said that the initiative will enhance transparency and reliability in the real estate sector, ensuring its sustainability, and boosting its investment appeal and contribution to Saudi Arabia’s gross domestic product, in line with the goals of the Kingdom’s Vision 2030.


Last group of Hajj pilgrims leaves via Madinah airport

Hajj pilgrims depart from Madinah’s Prince Mohammed bin Abdulaziz International Airport on Sunday evening. (SPA)
Updated 22 July 2024
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Last group of Hajj pilgrims leaves via Madinah airport

  • 320 pilgrims departed the holy city for Kertajati, Indonesia and a farewell ceremony was held for them by Saudia

RIYADH: The last group of Hajj pilgrims left the Kingdom via Madinah’s Prince Mohammed bin Abdulaziz International Airport on Sunday evening.

320 pilgrims departed the holy city for Kertajati, Indonesia and a farewell ceremony was held for them by Saudia, concluding its operations for Hajj 2024.

Saudia flights provided quality services to enhance the Hajj experience of pilgrims this year, including various educational programs in different languages, Saudi Press Agency reported.