MAKKAH – Undersecretary of the Ministry of Municipal and Rural Affairs and Supervisor of the Central Projects in the Holy Sites Habib Zain Al-Abideen has revealed that a proposal to link the western courtyards of the Jamarat Bridge with the northern courtyards of the Grand Mosque has been submitted for royal approval. The project, which […]
Saudi Arabia and the People’s Republic of China enjoy a comprehensive and in-depth development of bilateral relations and fruitful economic cooperation, especially in the fields of trade, energy and infrastructure. The strong relationship is moving forward steadily since the diplomatic ties were established in 1990. A major diplomatic visit between the Kingdom and China was […]
Plans are under way for the construction of a second causeway between Saudi Arabia and Bahrain, parallel to the King Fahd Causeway, a senior Bahraini official told Asharq Al-Awsat. The new causeway, he added, will serve as a railway link between the two countries, part of a larger regional Gulf railway network project. In his […]
The healthcare and medical equipment industries in the Middle East and Gulf Cooperation Council (GCC) are set for a robust growth rate in the next few years, especially as countries in the region have announced massive plans to build hospitals and advanced medical centers, in addition to expanding their current facilities. Speaking at a press […]
Saudi Arabia is implementing mega infrastructure projects, including roads, bridges and rail projects worth $77 billion (SR288.75 billion), local media said quoting a report. The projects currently implemented to develop roads and bridges in the GCC countries are estimated at $109 billion (SR408.75 billion), the report released by Ventures Middle East said. Saudi Arabia captured […]
DUBAI: According to EY’s most recent Rapid-Growth Markets (RGMs) Forecast, the GCC can expect to see robust economic growth over the medium term and successful diversification of its local economies. Qatar’s economy is expected to grow by six percent, the UAE by 3.9 percent and Saudi Arabia by 4.3 percent in the medium-term. Bassam Hage, […]
Saudi Arabia is implementing mega infrastructure projects, including roads, bridges and rail projects worth $77 billion (SR288.75 billion), local media said quoting a report. The projects currently implemented to develop roads and bridges in the GCC countries are estimated at $109 billion (SR408.75 billion), the report released by Ventures Middle East said. Saudi Arabia captured […]
The Kingdom spends SR220 billion a year to subsidize gasoline and diesel, a Shoura Council member said here recently. Fahad bin Juma’, deputy chairman of the committee for energy and economic affairs, said the country uses an estimated 2.8 million barrels of petrol and gas a day during the summer season to desalinate water and […]
Dubai: Few residents of Bur Dubai could ever imagine that one fine morning they would awaken as islanders. But that’s precisely what lies in store in a few years as the final shovel of dirt is removed to complete the new Dubai Canal, extending the Dubai Creek from Al Shindagha all the way to Jumeirah, […]
Qatar plans to spend $100bn on roads and railways as part of its mammoth infrastructure uplift, according to Kuwait Financial Centre (Markaz ). There is no railway network in Qatar currently. High congestion and traffic accidents have now prompted Qatar to build railways, Markaz said in a report. For this purpose, Qatar Railway Development Company was formed with almost $41bn worth […]