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Saudi ministry sets up committee to hold RCCI election

JEDDAH - The Saudi ministry of commerce and industry has set up a special committee to guarantee a free and fair election for the new board of directors of the Riyadh Chamber of Commerce and Industry (RCCI). Businessmen and businesswomen will compete for 10 seats in the election scheduled on October 15.

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“Minister of Commerce and Industry Abdullah Zainal Alireza ordered the constitution of a supervising committee under Ibrahim Al Harbi with Saeed Al Otaiby and Abdullah Al Nasyan as members,” Abdul Malik Al Sinani, acting deputy secretary-general of the RCCI, said in Riyadh on Wednesday.

“All the technical and operational preparations for the election to the RCCI’s board of directors are in place,” he added.

Another technical team set up by the Saudi Council of Chambers of Commerce and Industry will review the arrangements for the smooth conduct of the election.

Rotana: Meanwhile, Rotana, the Middle East’s leading hospitality management company, has established its presence in Saudi Arabia with the recent agreement signed between Rotana and SHUAA Capital Saudi Arabia for 17 properties along with, the soon to open, Al Marwa Rayhaan in Makkah in alliance with Jiwar Real Estate Management and Marketing Company.

“For Rotana, the Gulf Cooperation Council (GCC) market represents over 40 per cent of its clients and Saudi Arabia leads this segment,” Michael Marshall, Rotana’s corporate vice president for sales and marketing, said in information made available to Khaleej Times here last week.

The Kingdom has increased focus on developing its tourism industry based on the remarkable economic growth achieved in recent years.

Saudi Arabia has the appropriate cultural, educational, and social foundations to attract both regional and international tourists.

The outbound business from Saudi Arabia represents over 6 million travellers with 80 per cent of them travelling to the Middle East.