Crown Prince Mohammed bin Salman of Saudi Arabia announced on Monday the launch of the World Cup for Video Games, which will be held annually in Riyadh. The event started on Wednesday, July 3, and will continue until next August 25. The prize money is estimated at $60 million
Power China was recently awarded the Engineering, Procurement and Construction (EPC) contract for a 500MW wind power project in the North Valley in #Saudi Arabia. This historic cooperation marks a major milestone
cooperation, China EIC has signed an investment development agreement with a consortium led by Saudi Arabia's JSG for a comprehensive salt water treatment project in Saudi Arabia.What are the details of the partnership and project?⁃ This project takes advantage of green seawater desalination technology to treat pollution resulting from salt water discharge while meeting the Kingdom’s daily and industrial water needs.⁃ China Energy said that it will use the advantages of comprehensive industrial chain to accelerate project implementation and set a new industrial standard.⁃ She added that currently the project has been developed at the national level in the Kingdom of Saudi Arabia, and the Saudi JSG Company obtained the concession to operate the project by winning the open tender, after which it signed a joint development agreement with the Saline Water Conversion Corporation.⁃ Representatives of the Saudi Public Investment Fund (PIF) testified; SIRC, the largest recycling investment company, and Shuangliang Group, the signing ceremony.
60 million tourists visited Saudi Arabia in the first half of 2024, spending 150 billion riyals
Saudi Arabia seeks to reach 10% of the tourism sector’s contribution to the gross domestic product. This percentage is equivalent to a value of 600 to 700 billion riyals.
The Kingdom is currently ranked 11th in the world in terms of the number of foreign tourists.
Our Gulf is one, our security is one, and we will not tolerate anything that threatens our security and stability, or exposes our people and our capabilities to danger.
This is a clear and firm message that must be understood by everyone who dares to compromise the security of the Arabian Gulf.
Among them a Gulf country...the countries with the strongest performance in stock exchanges, trading, and underwriting during the first quarter of the year 2024:
America: $17.8 billion
India 4.7 billion
China 4.6 billion
Spain 2.9 billion
Netherlands 2.6 billion
Switzerland 2.6 billion
Cape Town Airport
Nagoya Airport
Brasilia Airport
Luxembourg: $27.5 billion
Morocco
Türkiye
Jordan
Egypt
Cyprus
Lebanon
Ireland
Singapore