New Saudi Mega City Will Have a $500 Billion Price Tag

Crown Prince Mohammed bin Salman announced plans to build an entirely new city called “NEOM” on Saudi Arabia’s Red Sea coast, the latest project in his drive to remake...

Czech election: Billionaire ‘Trump’ Babis wins

The man dubbed the Czech Republic’s Donald Trump is set to become the country’s prime minister. https://www.youtube.com/watch?v=uiRrZrdIdII Populist billionaire candidate Andrej Babis and his party have won the Czech Republic's general...

GCC construction market worth $2.4trn, has 22,000 active projects

The GCC's construction market has nearly 22,000 active projects worth $2.4 trillion, according to new research by analysts BNC Network. https://www.youtube.com/watch?v=qT9GiJHYNCE Its report showed that there were a total of 21,893...

Saudis may delay $100bn Aramco IPO to 2019

Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company by a few months into 2019, according to people...

Saudi Arabia Plans a Huge Multi-billion USD Red Sea Beach Tourism Project

The project will cover 50 islands and 34,000 square kilometers -- an area bigger than Belgium -- between the cities of Umluj and Al Wajh to attract “luxury travelers...

Revealed: plan for ‘giant extension’ to Saudi’s Makkah

Details have been revealed about plans for a "giant extension" to the holy city of Makkah in Saudi Arabia. Details of the Al-Faisaliah project were announced by Prince Khalid Al-Faisal...
Saudi Arabia needs to plug $115bn infrastructure investment gap by 2040

Saudi Arabia needs to plug $115bn infrastructure investment gap by 2040

Saudi Arabia, the world's top oil producer and Arab world's largest economy, will have an infrastructure investment gap of US$115 billion by 2040, as the country’s population becomes more urbanized, according...

UK paves way for Saudi Aramco listing in London

The UK market regulator may change listing rules for companies controlled by a sovereign country as London woos Saudi Arabian Oil Co, which is planning what could be the...

Saudi Aramco plans to invest over $300bn in next decade

Saudi Aramco, which plans what could be the world’s biggest initial public offering, will invest more than $300 billion over the next decade to maintain its spare oil-production capacity...

GCC retail market will grow to $313bn by 2021

The size of the GCC retail sector is expected to grow by 25 percent, from $250.5 billion (AED919.33bn) in 2016 to $313.2bn (AED1.15 trillion) by 2021, driven by economic...
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