Show only titles
Business & jobs category
ESI International to present project management seminar in Saudi
With massive multi-billion dollar regional developments underway such as Abu Dhabi’s Masdar City and Saudi Arabia’s King Abdullah Economic City, poor project requirements can unnecessarily cause developers and their contractors valuable time, money and jobs, according to a leading project management expert.
Top 10 project management trends for 2011: Leadership skills tops the list
Additionally, as mega-projects at the King Abdullah Economic City north of Jidda and King Abdullah Financial District on the outskirts of Riyadh kick into high gear, more opportunities for work in the Middle East will become a reality.
$60b in defense deals expected to lift Saudi economy
Saudi Arabia’s five planned economic cities, including the 173 square km King Abdullah Economic City, will become a major target of these investments, according to Grant Rogan, the chief executive of Blenheim Capital Partners, a consulting and financial advisory firm that specializes in defense deals. Other high-interest areas include education, information and communications technology and homeland security.
Saudi mega cities challenge the private sector
he planned infrastructure expenditures on these mega cities are enormous, totalling some $140 billion in the first phase. The largest is the King Abdullah Economic City at Rabigh on the Red Sea coast, with a planned area of 168 million sq meters and $ 80 billion in basic infrastructure cost.
SAUDI ARABIA: First foreign-accredited degrees plan
Saudi Arabia General Investment Authority (Sagia) has signed a letter of intent with US-based Georgia Institute of Technology to build a Saudi campus to be ready for opening next year, according to press reports. Located in King Abdullah Economic City – a residential and industrial hub being built north of Jeddah on the Red Sea – the new campus will focus on supporting an industrial base in the Economic City, particularly the aerospace, electronic and engineering industries.
Economic cities draw foreign investment: SAGIA chief
He attributed the delay in developing King Abdullah Economic City (KAEC) in Rabigh to the global economic crisis and some organizational matters. “KAEC is a huge city covering 168 million square meters and is bigger than Washington and Dubai. It cannot be established within a day or two,” the SAGIA chief said. He said the successful measures taken by the Kingdom to overcome economic crisis and the formation of an authority by the government would support economic cities.
SR1.83 billion Haramain rail deal signed
The Saudi Electricity Company (SEC) won a SR1.83 billion contract on Tuesday to supply electricity required by the Haramain Railway linking the two holy cities of Makkah and Madinah with Jeddah. Transport Minister and Chairman of Saudi Railway Organization (SRO) Jabara Al-Seraisry said the SEC would provide 600MV to the 450-km high-speed railway as well as its stations at King Abdullah Economic City in Rabigh and Madinah.
Cabinet OKs salary hike for military officers, change in power supply
The meeting authorized the president of King Abdullah City for Nuclear and Renewable Energy to sign the basic law of the International Renewable Energy Agency (IRENA). It agreed to sign agreement with the Czech Republic for the avoidance of double taxation and prevention of tax evasion.
