Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Flood-hit Jubail residents seek help from big firms  Join our daily free Newsletter

MENAFN - Arab News - 08/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Jubail residents have called on major companies in the region to help clean up and rebuild parts of the city hit by severe floods on Monday

They accused certain private industrial companies of making billions every year but not using this money to help improve the city's infrastructure and provide jobs for Saudis.



Ahmed Al-Qarni, a resident, said: "The population of the city has increased because these companies and their employees occupy towers and compounds.



These companies have offered nothing to Jubail.



The employees have become a burden on the city that has been neglected by officials.



Raeed Al-Harbi, a resident, said that Jubail city is predominately occupied by employees of big companies.



"These companies insist on housing their employees and workers in Jubail even though they work at Jubail Industrial City and Ras Al-Khair.



This has caused rentals and housing prices to increase."

"In addition, they have not contributed to the city's infrastructure, which is deteriorating all the time.





Hussain Al-Qarni, another resident, said: "I think that the municipality has not succeeded in doing its job to provide for this huge population.



Most of the city's inhabitants are now employees of the private sector." He urged the municipality to pressurize the companies to help out



Fadil Albuainain, an economic expert, said government should pass laws forcing these companies to set up a fund with SR50 million deducted from their annual profits to help upgrade Jubail's infrastructure

"Jubail has not received any financial contribution from the industrial sector even though the city has been themost affected by the procedures of various companies, which has also placed pressure on facilities from too many workers.


Albuainain said these companies should place the city on top of their social responsibility programs. He said the industrial sector in Jubail makes almost SR35 billion a year in profits. "It's not acceptable that they do not give back to the city.

"The huge factories of these companies surround Jubail and endanger the city and its environment. They also endanger the health of residents.

Albuainain said that the companies would not provide support unless an official body forces them to do so. He said laws and regulations should be strengthened to ensure companies deliver on social responsibility projects

"The industrial sector has many responsibilities toward the community including providing jobs for Saudi citizens and qualified graduates from Jubail who are unemployed in the largest market for industrial jobs in Saudi Arabia.

"There are many other responsibilities they must take up including building schools, medical centers, social centers and sports clubs. They should also create gardens and support charities.

"Companies should support development programs and fix critical issues. They should actively contribute to merging the Jubail community with the workers in the industrial city." He said the two communities should not be separated in a "society that ensures equal rights for all.

Jubail Mayor Naif Al-Dawish said some companies have contributed to the local community. "The city demands more because it has become the workplace of the country's biggest industrial companies. We are ready to help companies fulfill their responsibilities toward society and help the city become prosperous.

 


Arab News




  MENA News Headlines
 Aug 28 2016 - Gulf businesses must gear up for VAT regimeMENAFN
(MENAFN) Businesses in the UAE need to gear up for the value added tax (VAT) regime and the regulatory framework for the system ought to be prepared now, said Nimish Makvana, chairman of the ...

 Aug 28 2016 - VAT set to be a stable revenue source in GulfMENAFN
(MENAFN)Value added tax (VAT) will be a stable source of revenue for governments in Gulf countries with a minimum impact on the common man's life, said an industry specialist.The UAE along with other ...

 Aug 28 2016 - Dubai Customs seeks 6% growth in transactions inQ2MENAFN
(MENAFN) Dubai Customs' investments in state-of-the-art technology is bearing fruit as it recorded a notable increase in the number of transactions during the first half of this year, helping its ...

 Aug 28 2016 - Net Global Reserves grow by 18.4pct in MoroccoMENAFN
(MENAFN) Morocco net international reserves reached to MAD245.8bn until August this year, posting 18.4 percent grow on an annual basis.However, the reserves registered a 0.2 percent weekly drop, ...

 Aug 28 2016 - Drop in Kuwait rents of apartments by KD60MENAFN
(MENAFN) A decline in the rents of investment apartments by almost KD60 was viewed in the last two months, after the issuance of governmental decisions that affect renters.Moreover, in areas like ...

 Aug 28 2016 - Egypt mobile, internet subscribers grow by 0.16pctMENAFN
(MENAFN) The number of mobile services subscribers increased by 0.16 percent amid May as compared to April, while the number of mobile subscribers grew to 95.45mn.On the other hand, internet users ...

 Aug 28 2016 - Egypt Natural Gas project will expand to reach 20 governoratesMENAFN
(MENAFN) Minister of Intl" Cooperation reached a deal with the World Bank in order to increase the number of governorate involved in the Natural Gas Supply Project to 20.Accordingly, the gas supply ...

 Aug 28 2016 - Oman budget deficit posts USD9bn in H1 MENAFN
(MENAFN) Oman recorded a budget deficit of USD9.1bn in the first half of the current year, compared with a deficit of RO1.92bn a year earlier.Additionally, the government original 2016 budget plan ...

 Aug 28 2016 - Saudi Arabia to issue USD10b worth of bondsMENAFN
(MENAFN) Saudi Arabia aims to issue at least USD10bn worth of bonds in Oct in its first global bond sale.Additionally, the kingdom low debt to GDP ratio offers it with full room to enhance its bond ...

 Aug 28 2016 - US to focus on Saudi trade chances toward Vision 2030MENAFN
(MENAFN) Americans and U.S businesses will play a major role in Saudi Arabia progress toward Vision 2030 and Saudi economy.Moreover, the Saudi ambassador discussed the many ways that the ...

more...


 





Google

Easy Forex
 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help