PDO, Oman Air partner on job creation deal

Petroleum Development Oman and Oman Air executives exchange documents after signing the agreement.
Updated 20 June 2016
Follow

PDO, Oman Air partner on job creation deal

Petroleum Development Oman (PDO) and Oman Air on June 19 joined forces to create 400 jobs for young Omanis at the new Muscat International Airport.
The two companies signed a memorandum of understanding (MoU) committing PDO to support the training of the jobseekers in a variety of cabin and ground staff positions, along with the upskilling of a further 100 existing Oman Air customer service staff.
The successful completion of the internationally accredited vocational courses will lead to guaranteed full-time positions with the national carrier in customer relations and ramp services.
The agreement, which was signed by PDO’s MD Raoul Restucci and Oman Air’s CEO Paul Gregorowitsch, was forged as part of the drive to support the Oman sultanate’s call for sustainable jobs.
Restucci said: “As part of our national objectives program to create job and training opportunities for Omanis, PDO is going beyond our natural boundaries of the oil and gas sector to support economic diversification and development. Working with our trusted partners at Oman Air, we will ensure that hundreds of young jobseekers are ready to play key roles in the new Muscat International Airport, which will be a showpiece for the country and the region.”
Gregorowitsch said: “Oman Air’s partnership with PDO demonstrates the airline’s continuing commitment to the sultanate’s policy of Omanization. The overwhelming response to the program and the progress made in training have given us very positive feedback. Not only will this benefit Oman Air and the broader aviation sector in Oman, but it will also help the trainees make a greater long-term contribution to the sultanate.”
The courses will last for up to 12 months and include a mixture of technical and on-the-job training. Those who pass customer service and ramp service training will gain an IATA diploma and national vocational qualification certification.


Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Updated 19 February 2026
Follow

Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Sulaiman Al-Rajhi Real Estate Company has announced the launch of several real estate projects belonging to the Sulaiman Al-Rajhi Endowment system in Makkah, with a total investment exceeding SR8 billion ($2.1 billion). These projects include commercial, residential, and hospitality developments, as well as strategic land plots, as part of the company’s commitment to supporting the Kingdom’s real estate sector and enhancing the quality of life in the holy city.

The announcement was made during a field tour by a delegation of high-level officials including Saleh Al-Rasheed, CEO of the Royal Commission for Makkah City and Holy Sites; Ihsan Bafakih, chairman of the board of directors of Sulaiman bin Abdulaziz Al-Rajhi Holding Company; Haitham Al-Fayez, chairman of Sulaiman Al-Rajhi Real Estate Company and CEO of Sulaiman Al-Rajhi Holding Company; Moath Al-Mukhudub, managing director and CEO of Sulaiman Al-Rajhi Real Estate Company; and Anas Mansour Abadi, CEO of real estate at Sulaiman Al-Rajhi Holding Company and representative of the Sulaiman Al-Rajhi Endowment, alongside members of the board of directors of both the holding and real estate companies and the executive team.

The tour included the launch of the Tilal Towers project, with an investment value of SR2 billion, featuring more than 2,500 hotel rooms, strengthening the hospitality sector in Makkah.

The delegation also visited the Tilal Village project, valued at SR2.8 billion. It is one of the prominent qualitative projects within the hospitality ecosystem in Makkah.

Furthermore, the visit covered the residential buildings within Tilal Village, comprising 828 units, with an investment of SR800 million. The delegation inspected the specialized hospital, medical complex housing, and the office and commercial plazas.

During the tour, a contract was signed for the Al-Rajhi Center project, valued at SR250 million, as part of a comprehensive rehabilitation plan.

The inspection also included the Al-Ukayshiyyah land, spanning 4 million square meters, and the Al-Ghazzawi project land, valued at SR250 million.

The tour concluded with prayers at the Aisha Al-Rajhi Mosque, the second-largest mosque in Makkah after the Grand Mosque, with a capacity for 50,000 worshippers.

This visit underscores the importance of these investments, which represent a clear direction toward enhancing the management of the endowment’s assets through diversification, redevelopment, and strategic expansion, in line with the development goals of the Makkah city and Saudi Vision 2030.

Sulaiman Al-Rajhi Real Estate, a subsidiary of Sulaiman bin Abdulaziz Al-Rajhi Holding Company, continues to provide innovative solutions to elevate the real estate sector to international standards.