Suez Canal Bank completes EGP 5.8bn in Sharia-compliant sukuk issuances    AAIB, Al Ahly Pharos to manage EGP 20bn securitization bond programme for Tameer Misr    Famine ravages Gaza as Israeli siege enters 3rd month    US, China commence sensitive trade negotiations in Geneva    European leaders visit Kyiv amid calls for Ukraine ceasefire, peace talks    Egypt signs agreement with France to upgrade Hermel Oncology Hospital    PM Madbouly inspects, inaugurates key projects in Suez Canal Economic Zone    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    English version of Egypt's tax facilitation initiative laws – full text    UK to seal 1st post-tariff war trade deal with US    Egypt's FM urges stronger African role in global governance    Egypt, Japan discuss ICT cooperation, AI strategy alignment    Egypt, Bahrain discuss enhanced pharmaceutical cooperation    Egypt's EHA partners with Danone Egypt on clinical nutrition    Qatar holds key interest rates steady    Minister of Health discusses strengthening healthcare partnership with AFD    Egypt voices deep concern over India-Pakistan escalation    Egypt inks deal with Merck to advance healthcare training    Health Minister orders expansion of residency training programmes to strengthen medical workforce    Al Ismaelia, Coventry University Cairo partner on urban development education    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi king replaces labour minister, promotes culture, environment
Published in Ahram Online on 02 - 06 - 2018

Saudi Arabia's King Salman on Saturday replaced the labour minister and set up new government bodies to promote culture and protect the environment as the kingdom seeks to modernise and create jobs for an overwhelmingly young population.
Private sector businessman Ahmed bin Suleiman al-Rajhi was named minister of labour and social development, succeeding Ali bin Nasser al-Ghafis, according to royal orders published by state media.
Getting hundreds of thousands of unemployed Saudis into the workforce is a major challenge for Crown Prince Mohammed bin Salman, who oversees economic policy for the world's top oil exporter, where unemployment stands at 12.8 percent.
The Gulf Arab state, which has struggled for years to create jobs for its nationals, aims to create 1.2 million jobs by 2022 to reduce unemployment to 9 percent, a senior labour ministry official has told Reuters.
The selection of Rajhi, who chairs the Council of Saudi Chambers of Commerce and is the scion of an Islamic banker billionaire, follows a broader trend of tapping the private sector to fill top government posts, including the housing minister and a senior defence official.
Steffen Hertog of the London School of Economics said the move might also be aimed at rebuilding trust with the business community, which has been frustrated by the rapid pace of some economic reforms and unnerved by an anti-corruption purge last year.
Under that secretive campaign, scores of royals and top businessmen were detained for months at the Ritz-Carlton Hotel in Riyadh. Most were freed after reaching settlements with the government.
The reform-minded crown prince is trying to diversify the Arab world's largest economy away from oil exports and open up Saudis' cloistered lifestyles by easing strict social rules and promoting entertainment in the deeply conservative Muslim kingdom.
King Salman on Saturday also appointed Abdullatif bin Abdulaziz bin Abdulrahman Al al-Sheikh as minister of Islamic affairs, call and guidance. He has previously headed the kingdom's religious police, whose powers were curbed two years ago as part of broader reforms.
Culture And Environment
The royal orders set up a new Ministry of Culture, extracting it from the information ministry as part of a drive to capture more Saudi leisure spending at home amid a budget deficit caused by low oil prices.
Prince Bader bin Abdullah bin Mohammed bin Farhan Al Saud, who was appointed in April to the board of a newly-established General Culture Authority, was named culture minister.

He already has several top positions, including governor of a commission to develop a historic tourism destination in the country's north and chairman of the Saudi Research and Marketing Group, which is closely linked to King Salman's branch of the royal family.
King Salman also ordered the formation of royal commissions for the environment and the holy city of Mecca, and an administration for preserving historical areas in the Red Sea city of Jeddah.
Maps tweeted by state media showed that six nature reserves established by the orders - "to reestablish wildlife, enhance their development and promote eco-tourism" - covered some 265,000 square kilometres (65 million acres) of territory.
One of the sites is named for the king and another, located between the proposed NEOM business zone and a Red Sea tourism project, for the crown prince.
The royal orders also named several new deputies in the ministries of interior, telecommunications, transport and energy, industry and minerals, and appointed new heads to the Royal Commission for Jubail and Yanbu and the King Abdullah City for Atomic and Renewable Energy.


Clic here to read the story from its source.