Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Al-Kasabi: Tough decisions crucial for jobs push  Join our daily free Newsletter

MENAFN - Arab News - 20/11/2012

No. of Ratings : 0
Add to Mixx!


Engineer Tarek Al-Kasabi, chairman of the board of Dallah Health, speaks to Arab News at his head office in Riyadh.
(MENAFN - Arab News) Boosting education, diversifying Kingdom's resources, and long-term budgeting are the three main steps that should be taken in the next two decades, says Engineer Tarek Al-Kasabi, chairman of the board of Dallah Health.

In an exclusive interview with Diana Al-Jassem of Arab News, Al-Kasabi underlines the importance of finding solutions to education, housing, training and other critical sectors in the Kingdom.

He stresses the need to build human resources to face the upcoming challenges in the market.

Al-Kasabi also expressed his anxiety about the future plans, infrastructure and other economic challenges.

Rapid change

What in your opinion are changes that would have a major impact on the lives of Saudi nationals in the coming 20 years?
I believe that there are many important changes that we really need in the Kingdom. For example, we need to continue rebuilding and improving our legal and judicial system. In addition, there is an urgent need to start transferring from using our oil energy to alternative energy. This is a very important factor that will help us diversify our economy.
We should not totally depend on our natural resources. We should also develop our human resources. Saudi nationals work hard and are willing to advance their knowledge and skills. We want to see Saudis working in skilled and technical jobs that the national economy needs.
Moreover, we need a remarkable change in the methods of education and training of the Saudi youth, so we could prepare them to face the market challenges.

Role of leadership

What do you think are the leadership roles regarding organizations in the Kingdom? What are the factors/reasons for their current state?
In terms of leadership, I believe that we need professional leaders with quality education and extensive experience in the field of responsibility.

Challenging tasks

What are the most difficult decisions that need to be implemented in the Kingdom within the next 20 years?
Difficult decisions related to Saudization are required to be taken. Therefore, I would love to mention the importance of improving employment opportunities. In addition, we have to have a major focus on activities other than oil and develop our legal and judicial system. Technology and technicians are both very important for a developing country like ours, and also making them competitive so we can change the way we treat our technicians involved in public services. They should be given a better status and salary. There should also be a long-term plan for building our infrastructure by creating a specially created infrastructure fund or any other suitable approach.

Sustainable development

What goals would you set for the Kingdom's development? And how could these goals be achieved through your current position?
My goals: Shifting our dependence on oil to human resources capital (HRC) and using alternative energy, training Saudi youths to be able to compete internationally, having a sustainable development plan that is not affected by oil revenues, large-scale promotion of small and medium establishments (SMEs), encouraging secondary industries, and promoting the automotive industry.

What characteristics do you think are important for the Kingdom's officials? How would such characteristics contribute toward the Kingdom's further development?
They should be chosen on the basis of their qualifications and track record. They should be properly qualified with excellent experience in their field, aside of course from basic qualities such as good education, strong leadership, good understanding of our culture with an open mind, and empowerment of subordinates with a visionary mind. The official must be a person of character, with honesty, dignity, respect, fairness and transparency as their attributes. Such people can lead to a sustainable growth.

Creative project

Give me an example of the most creative project that you wish to establish in the Kingdom?
An authority for SMEs with a SR 20 billion capital and a school that will impart high-quality education and a world-class training center. They pursue a plan and the targeted objectives so the government can evaluate their performance.

KSA in three words

What three words would you use to describe the Kingdom in the coming 20 years?
Highly skilled citizens.

Human rights

How can we all improve human rights in Saudi Arabia? What are your expectations regarding human rights practices in the coming 20 years?
Apply the Islamic values rightly and completely because Shariah is the fairest law.

Biggest challenge

What is the biggest challenge facing the Kingdom today?
There are several challenges that we need to tackle. I believe that we have to build our human resources, so we can strengthen our economy. In addition, there is a need to shift from total dependence on oil, and start diversifying the Kingdom's revenues. In addition, we need to build a system and enforce it.

What are the most prominent economic activities in the Kingdom?
Oil and gas, health care and hospitality.

Housing growth

There is a huge demand for housing in the Kingdom because of the ever-growing young population. The government has also put emphasis on this sector as it has allocated SR 250 billion in the budget for housing. Do you believe housing needs much more attention from the government and private sectors?
I believe housing needs creative solutions. We need to implement socio-economical housing projects. Such projects could solve the housing problem for the rapidly increasing population.

Role of SMEs

There is a need to boost SMEs in the Kingdom as it creates various jobs. What role do you see for the SMEs in the Kingdom's economic development?
SMEs are crucial for our economy. As mentioned before, they are essential for growth of our economy because they add value to our GDP and provide new jobs and opportunities.

Knowledge hunt

Education is always a priority for the Kingdom. What changes do you envisage in the education system to prepare Saudi youth for the knowledge-based economy?
Improving the education system, and providing all kinds of training courses and imparting skills in our youth. We must have qualified and trained teachers and raise the education standard including the curriculum, and school and college environments.
The Kingdom should focus on developing general education standards with focus on creating efficient curricula.

Fair opportunities

How do you see Saudi women's contribution in the labor, social and political areas in the coming 20 years?
Saudi women are contributing to our development by raising their children, both girls and boys. In addition, they nurture the ambition to participate in our country's development and they are very serious about it. Their contributions have been immense and have grown phenomenally over the last 10 years.
Quality education is required to fill gaps in our society. Then, women can compete freely in the Saudi market.

What is required in order for Saudi women to actualize your future vision?
More education and more support for their role as a mother because this is the factory where good citizens are produced and this is a sort of an SME that provides a healthy environment for working from home.

Saudi media

What measures and standards are yet to be (and must be) introduced to Saudi media, and what are your expectations in the next 20 years?
Social media will have a significant role in our market. We just started a radio and TV authority and I hope it will play a major role. A strategy will evolve for change, which is already happening now.

Learning from

What are the three or four mistakes that have been repeated in the Kingdom during the past 10 decades and how could we eliminate them in order to develop the Kingdom?
We are repeating the mistakes in terms of training young Saudi nationals; we need to develop more training programs to prepare Saudi nationals for work. Depending on oil is our second mistake; there is an urgent need have a plan to change our dependency on oil. Having a short-term budgeting strategy is also a mistake; I believe we need a long-term budgeting policy.

Message to youth

Given that the youth make up the majority of the Saudi population, what message would you want conveyed to them? What else would you say to the rest of the population?
Youth are the pillars for any development. Without their contribution, there will be no development. So I wish we give them excellent education and training, a pleasant and healthy environment for them to work and progress. For the rest of the population, I suggest that they enthusiastically participate in nation building through hard work.

Al-Kasabi's top goals:

Major changes required in:
- The education system
- Rebuilding and improving our legal and judicial system
- Shifting our dependence on oil to alternative energy.

Leadership role should focus on:
- Professional leaders with quality education
- Decisions that tend to be difficult
- Improving employment opportunities.

Major goals to develop the Kingdom:
- More focus on developing human resource capital
- Training young Saudis to compete in domestic and international markets
- Promoting SMEs
- Encouraging secondary industries and promoting automotive industry.

Describing the Kingdom in three words:
- Highly skilled citizens.

Biggest challenge:
- Building human resources
- Building a system and enforcing it
- Diversifying economic revenues

Requirements for housing development:
- Socio-economic housing projects.

Role of SMEs:
- Creation of more job opportunities for upcoming generations.

Education needs:
- More training courses and more qualified teachers.

About Saudi women:
- Women's contributions have grown during the last ten years
- Women's role can be bigger in education and SMEs

Repeated mistakes:
- Weak programs for youth training
- Fully depending on oil
- Having a short-term budgeting strategy.

Message to youth:
- Participate more actively in nation building by getting more training, and better education.


  MENA News Headlines
Apr 24 2014Qatar- HH Sheikha Moza Meets Mayor of Kobe Visits RIKEN Research Institution ,Qatar News Agency
(MENAFN - Qatar News Agency) Kobe April 24 - Her Highness Sheikha Moza bint Nasser Chairperson of Qatar Foundation for Education Science and Community Development (QF) today held a meeting with the ...

Apr 24 2014Qatar- Sidra-BMC Event Boosts Biomedical Research Publishing ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - A symposium organised jointly by Sidra Medical Research Centre and BioMed Central (BMC) mulled trends in research and on open access publishing here ...

Apr 24 2014Qatar- Mannai Corp Q1 Net Profit up 73% to QR 150.1 Million ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - Qatar Exchange listed Mannai Corporation (QE: MCCS) net profit is up 73% to QR 150.1 Million for the first quarter of fiscal year 2014 ending March 31 ...

Apr 24 2014Bahraini firms forecasted to grow 10 pct ,MENAFN
(MENAFN) In a report based on a study of over 650 companies across GCC, Kuwait Financial Centre (Markaz) forecasts a growth of the Bahraini companies' earnings by 10 percent in 2014, Gulf Daily News ...

Apr 24 2014Israeli Army Storms Deir Samit Village West of Hebron ,Qatar News Agency
(MENAFN - Qatar News Agency) bron April 24 - Israeli army forces stormed at dawn Thursday Deir Samit village southwest of Hebron city in the West Bank. The Israeli forces conducted raid and search ...

Apr 24 2014Qatar Airways to add more seats on Doha-Vienna route ,MENAFN
(MENAFN) Qatar Airways plans to offer more 1.700 seats on its Doha-Vienna route beginning from September 2014, according to Gulf News. The company aims to expand the growing passenger demand from ...

Apr 24 2014Qatar- QFC Authority Five-a-Side Football Tournament Kicks Off ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - Qatar Financial Centre (QFC) Authority's first Five-a-side Football Tournament is displaying dribbling skills of executives from Doha's financial ...

Apr 24 2014Georgian Justice Minister Leaves Doha ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - HE Minister of Justice of Georgia Tia Tsulukiana left Doha on Thursday morning wrapping up a two-day official visit to the country. An agreement on ...

Apr 24 2014Egyptian Premier Off to Chad ,Qatar News Agency
(MENAFN - Qatar News Agency) Cairo April 24 - Egyptian Prime Minister Ibrahim Mehlib left cairo on Thursday for Chad the first leg of a three-day two-state trip that will also take him to Tanzania ...

Apr 24 2014Qatar Stock Exchange Down 0.05% ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - The Qatar Exchange ended in the red area when trading closed Thursday at 12954.93 points (0.05%) down 6.63 points from the previous closing of 12961.56 ...

Apr 24 2014Israeli Tanks Enter Gaza Border area ,Qatar News Agency
(MENAFN - Qatar News Agency) Gaza April 24 - Six Israeli military tanks on Thursday entered a border area in the southern Gaza Strip witnesses said. The tanks crossed into Gaza in an area called ...

Apr 24 2014President Salva Kiir Relieves his Chief of the General Staff ,Qatar News Agency
(MENAFN - Qatar News Agency) Juba April 24 -South Sudanese President Salva Kiir relieved Chief of the General Staff of south sudan army James Hoth Mai. This came in a presidential decree aired ...

Apr 24 2014Australian Federal Parliament Deputy Speaker Meets HE Qatari Ambassador ,Qatar News Agency
(MENAFN - Qatar News Agency) Canberra April 24 - Australian Federal Parliament Deputy Speaker Bruce Scott met here Thursday with HE Qatar's Ambassador to Australia Yousef bin Ali Al ...

Apr 24 20143 GCC countries among top 30 on network readiness index ,MENAFN
(MENAFN) According to an annual global technology survey for network readiness index for 2014, three GCC countries have made it to the top 30 list for the third year in a row, Gulf Daily News ...

Apr 24 2014Afghan Guard Shoots Dead 3 Foreigners in Hospital ,Qatar News Agency
(MENAFN - Qatar News Agency) Kabul April 24 - Three foreigners including a doctor were shot dead and their colleague wounded when a guard of a private Cure Hospital opened fire on them in the ...

Apr 24 2014Omani non-oil exports to enter African markets ,MENAFN
(MENAFN) A senior official at the Oman Chamber of Commerce and Industry (OCCI) said that the Sultanate is seeking expansion in new African markets, in a time it is looking forward to reduce its ...

Apr 24 2014Uruguay Public Health Minister Meets HE Qatari Ambassador ,Qatar News Agency
(MENAFN - Qatar News Agency) Montevideo April 24 -Minister of Public Health in Uruguay Maria Susana Mu?iz met here on Thursday with HE qatari ambassador to the republic of Uruguay mohamed hassan ...

Apr 24 2014Morocco Admitted As Observer Member to SICA ,Qatar News Agency
(MENAFN - Qatar News Agency) La Romana Dominican April 24 - Morocco has been admitted as an observer member in the Central American Integration System (SICA) which also includes each of Belize ...

Apr 24 2014King bids to reassure Saudis as MERS deaths hit 85 ,AFP
(MENAFN - AFP) King Abdullah was in the Saudi commercial hub of Jeddah on Thursday in a bid to reassure a worried public as the death toll from the MERS virus hit 85. The Red Sea city has seen a ...

Apr 24 2014QBA strengthens economic ties with Kenya ,MENAFN
(MENAFN) Members of the elite Qatar Businessmen's Association (QBA) stated their willingness to cooperate with their Kenyan peers, strengthening economic ties between Qatar and Kenya, The Peninsula ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Investment Game
Economic Calendar
Financial Glossary

Portfolio Tracker


Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help