Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Prizes await youth with inspiring success stories  Join our daily free Newsletter

MENAFN - Arab News - 23/08/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The Human Resources Development Fund (HRDF) on Wednesday launched an award scheme worth SR3 million for Saudi youth with inspiring success stories in the private sector.

The Israr awards are being dished out for the second year in succession said Ibrahim Al-Moaiqel director-general of the HRDF during a press conference in Riyadh.

The awards ceremony will be held on Jan. 22.

Al-Moaiqel said the panel hopes to attract a large number of Saudi men and women with heroic success stories in their private sector ventures.

'The idea is to reward young Saudis for persisting in overcoming major personal challenges to become entrepreneurs' he said.

'In a world culture that increasingly focuses on celebrity status this award was launched to shed light on what is behind the glitz and glamour of success.

'For most success does not come easy. The Israr awards bring the challenges and disappointments these young entrepreneurs face into the limelight to encourage other Saudi youth to take risks.

'In short the award celebrates a certain mindset that drives success and highlights the stories of dreamers who tur fantasy into reality against all odds.'


Success stories go through an evaluation process by a panel of experts and well-known figures to select candidates. Beneficiaries of the Hafiz program are also eligible to apply for these awards.

This year the awards have been classified into two categories. Applications for the award will close on Sept. 30 and interviews will be held in Riyadh Jeddah and Dammam.

A total of 150 candidates will each win SR10000. A 12-person shortlist will then be made from which the three finalists will each be awarded SR660000.

Winners in the second category will also be given cash prizes. Al-Moaiqel said that the panel would assess character traits and determination levels.

'These experiences are all about strength of character guts and determination during the struggle for success' he said.

'It might be a very small-scale success in global local or financial terms but the award is about rewarding the journey taken and not the destination and to reinforce the message that perseverance is the key to success.'

Videoclips depicting success stories will also be screened during the ceremony.

 


Arab News




  MENA News Headlines
 Aug 24 2016 - Kuwait- OPEC basket price down to USD 45.34 pbKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) VIENNA, Aug 24 (KUNA) -- The price of OPEC basket was down by 70 cents to settle at USD 45.34 per barrel Tuesday as oppose to USD 46.04 pb the day before, said a ...

 Aug 24 2016 - Kuwait top leaders express solace fo Singapore on demise of ex-presidentKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, Aug 24 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah has addressed a cable of condolences to Singaporean Presidnt Tony Tan on ...

 Aug 24 2016 - GCC joint institution presents works at Jordan-hosted festivalKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) AMMAN, Aug 24 (KUNA) -- The GCC Joint Programs Production Institution (GCCJPPI) will showcase three works at Jordan-hosted Third Media Festival The institution's ...

 Aug 24 2016 - Turkish Pres. says terrorism in Syria needs to stopKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) ISTANBUL, Aug 24 (KUNA) -- A military operation has been launched into Syria with the aim of putting an end to frequent attacks targeting Turkey, President Recep ...

 Aug 24 2016 - Bahrain hails support by Kuwait to kingdomKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) MANAMA, Aug 24 (KUNA) -- Bahraini Prime Minister Prince Khalifa bin Salman Al-Khalifa praised Wednesday the deeply rooted ties and support by the State of Kuwait ...

 Aug 24 2016 - Kuwait- Briefing of KUNA main news for Wednesday until 12:00 GMTKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT - His Highness the Amir Sheikh Sabah Al-Ahmad voices sorrow over powerful quake that left scores dead in Italy in cable to Italian President. ROME - ...

 Aug 24 2016 - Syrian Gov't deplores blatant Turkish interventionKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) AMMAN, Aug 24 (KUNA) -- The Syrian Government on Wednesday condemned Turkey's military intervention in the country's north. Turkish ground forces, equipped with ...

 Aug 24 2016 - Kuwait head of Arab tariffs cmte for 6th timeKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) CAIRO, Aug 24 (KUNA) -- The State of Kuwait has been elected for the sixth consecutive time as chair of Arab panel charged with tackling tariff exemption namely ...

 Aug 24 2016 - Kuwait- Health Min. patients returning home completed their treatmentKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, Aug 24 (KUNA) -- Minister of Health Dr. Ali Al-Obaidi said on Wednesday that Kuwaiti "patients who returned from abroad have fully completed their ...

 Aug 24 2016 - Kuwait- Gov't touts South Saad Al-Abdullah project as first Smart CityKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) By Khaled Al-Mutairi KUWAIT Aug 24, (KUNA) -- The government is working laboriously to ensure the success of the South Saad Al-Abdullah housing project, ...

more...


 





Google

 
 

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