Saudi Arabia strategic Projects: news, discussions & updates
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The SC
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Saudi Arabia huge mineral processing power..
Saudi Arabia sees vast riches beyond oil within its reach. The kingdom’s broad-ranging ambition, a top mining official told Semafor, is to extract the more than $2.5 trillion in metals in its soil, invest in minerals extraction around the world, and capture as much of the minerals value chain as possible.
A regional geoscience survey is about 40% complete. Taking into account all those factors, Saudi Arabia likely has trillions of dollars more of minerals reserves in its territory.
https://www.semafor.com/article/03/...arabias-plan-to-take-over-the-mining-industry
Saudi Arabia sees vast riches beyond oil within its reach. The kingdom’s broad-ranging ambition, a top mining official told Semafor, is to extract the more than $2.5 trillion in metals in its soil, invest in minerals extraction around the world, and capture as much of the minerals value chain as possible.
A regional geoscience survey is about 40% complete. Taking into account all those factors, Saudi Arabia likely has trillions of dollars more of minerals reserves in its territory.
https://www.semafor.com/article/03/...arabias-plan-to-take-over-the-mining-industry
The SC
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40 billion dollars in tourism revenues in Saudi Arabia within 6 months
Tourism sector revenues in Saudi Arabia rose to $40 billion during the first half of this year, an increase of about 132% on an annual basis.
Official data issued by the Ministry of Tourism in Saudi Arabia showed that inbound tourism achieved historic numbers in the first half of the year 2023, recording a remarkable growth of 142% in the number of tourists, and 132% in the estimated rate of tourism spending compared to the period of the year 2022.
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Saudi Arabia has achieved a number of distinguished achievements in the tourism sector. It advanced 16 places in the international tourism revenue index, reaching 11th place in 2022, compared to 27th place in 2019 in the world, according to the World Tourism Organization.
https://alkhaleejonline.net/اقتصاد/40-مليار-دولار-إيرادات-السياحة-في-السعودية-خلال-6-أشهر
Tourism sector revenues in Saudi Arabia rose to $40 billion during the first half of this year, an increase of about 132% on an annual basis.
Official data issued by the Ministry of Tourism in Saudi Arabia showed that inbound tourism achieved historic numbers in the first half of the year 2023, recording a remarkable growth of 142% in the number of tourists, and 132% in the estimated rate of tourism spending compared to the period of the year 2022.
...
Saudi Arabia has achieved a number of distinguished achievements in the tourism sector. It advanced 16 places in the international tourism revenue index, reaching 11th place in 2022, compared to 27th place in 2019 in the world, according to the World Tourism Organization.
https://alkhaleejonline.net/اقتصاد/40-مليار-دولار-إيرادات-السياحة-في-السعودية-خلال-6-أشهر
The SC
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The Red Sea International Company signs an agreement with the American start-up electric car company Canoo, to test its cars in the #Red_Sea_destination and the #Amala_destination, where 3 models of cars will be tested, with the aim of providing environmentally friendly transportation to transport visitors from the international airport to resorts and tourist facilities.
The SC
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- #128
CEO of Oil Park Development Company:
We have overcome all challenges during the designs for THE RIG project, which take into account all environmental requirements, and we are currently in the tendering stage. The project will contribute to providing more than 5,000 jobs in the construction and operation phases.
We have overcome all challenges during the designs for THE RIG project, which take into account all environmental requirements, and we are currently in the tendering stage. The project will contribute to providing more than 5,000 jobs in the construction and operation phases.
The SC
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The Spanish company FCC has completed 25% of the work on one of the tunnels in #NEOM with a length of 8.7 km, within the #Spine layer, which will be allocated to high-speed trains, transportation vehicles, and freight trains, to connect the #The_Line area with the #Oxagon advanced industries zone.
The SC
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- #135
The Ritz-Carlton Nojoma Reserve Resort, the second resort in the Red Sea destination on the islands, is preparing to receive visitors. The reserve will provide 63 villas and 18 residential units between floating and beach, health and beach clubs, restaurants, cafes and shops. The reserve is the sixth of its kind in the world, and the first in the Middle East.
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