Saudi Arabia strategic Projects: news, discussions & updates

[The SC]

The World Bank:

Saudi Arabia's economy is the most growing in the world.

 

[The SC]

The #Saudi_Rural_Initiative contributes to planting more than 13 million trees in all regions of the Kingdom by supporting 6,754 beneficiaries, with the aim of achieving the goals of the #Saudi_Green_Initiative.

 

[The SC]

The $22B Railway Opening Saudi Arabia’s Doors to the World | WSJ Breaking Ground​

 

[The SC]

A Gulf train competing with Europe...the greatest project linking the Arab Gulf countries within Saudi Vision 2030



CC for English

 

[The SC]

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

 

[The SC]

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

 

[The SC]

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]

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.

 

[The SC]

#NEOM Saudi Arabia confirms the opening of #Sindala_Island in the #Red_Sea this year

 

[The SC]

Luxury resorts in #AlUla, northwestern Saudi Arabia

 

[The SC]

Bloomberg Agency:

Saudi Arabia and the UK will hold a trade fair in Riyadh next month as British Prime Minister Rishi Sunak launches an investment campaign aimed at capitalizing on Saudi Vision 2030 led by Prince Mohammed bin Salman.

 

[The SC]

Ardara Company began implementing the lake area in the Abha Valley, Qiddiya revealed the first Dragon Ball City in the world and announced the speed track project, NEOM launched new destinations, and AlUla began work on the Sharaan Resort.

 

[The SC]

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]

In 2025, the #Amala destination will witness the opening of the first phase, which is located in the Triple Bay area, and will offer its guests 8 luxury resorts that will be operated and managed by the most famous brands in the hospitality industry globally.

 

[The SC]

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.