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Press Coverage
The Content Factory: Investment Mounts in Saudi Arabia’s Infrastructure Industry
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Jeddah soon to have trams
By P.K. Abdul Ghafour | ARAB NEWS
JEDDAH: Makkah Gov. Prince Khaled Al-Faisal on Monday announced his administration’s plans to implement a number of vital projects in the province, including a SR21 billion tram system linking the various residential districts of Jeddah.
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King Abdullah Economic City: Open for business
King Abdullah Economic City | By Jeff Roberts
Entering King Abdullah Economic City (Kaec), it is hard to grasp the scale of the project. The numbers are well-publicised: 168 million square metres, homes for 2 million people, jobs for a million. But to drive through the entrance gate and realise that it is a 20-kilometre drive from the gate to the first phase of development is another thing altogether.
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Saudi Arabia unveils largest solar power project
by Andy Sambidge on Thursday, 20 May 2010
Saudi Arabia, the largest oil producer of the OPEC countries, has unveiled the largest solar power installation in the kingdom.
Conergy, the consortium of Hamburg-based solar experts and Saudi Arabia's National Solar Systems (NSS), on Thursday announced it has built the 2MW solar park on the roof top of the King Abdullah University of Science and Technology (KAUST).
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Banque Saudi Fransi : Lending on the line (English)
Hold up in projects pipeline another hurdle facing banks
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Banque Saudi Fransi : Lending on the line (Arabic)
Hold up in projects pipeline another hurdle facing banks
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GCC countries to get connected via a rail system
The 1,500km network estimated at $11 billion is scheduled to roll out in next 7-8 years
Dubai: Transportation projects in the UAE, Saudi Arabia, Qatar and Kuwait worth an estimated $170 billion will change the way trade is done. Railway projects alone will be worth an investment of $108 billion, according to Satish Khanna, General Manager of Al Fajer Information and Services, the organisers of the GulfRail 2012, an exhibition and conference set to take place from April 17 to 19, 2012.
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Saudi energy demand rising too fast -central bank
Consumption growth averaging 5.9 percent; Population growing by 1.8 pct, economy around 3.7 pct.
Saudi Arabia needs to tame growth in its domestic oil and gas consumption, which are too big for both its population growth and the size of its economy, the central bank governor said on Saturday.
“Data show that the kingdom’s domestic consumption of oil and gas is posting continuing growth and at high ratios. It rose by an average 5.9 percent over the past five years,” Muhammad al-Jasser said in remarks carried by the official SPA news agency.
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