Saudi King and Crown Prince Condole Kuwait
In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh More »
Putin and Abbas Discuss Gaza Crisis
Russian President Vladimir Putin is set to meet with Palestinian President Mahmoud Abbas on Tuesday during Abbas’ visit to Russia. Arriving on Monday, Abbas aims to discuss the ongoing Gaza conflict with More »
Saudi Arabia Voices Strong Support for Gaza Peace Initiatives
Saudi Arabia has firmly aligned itself with the recent joint statement made by President Joe Biden of the United States, President Abdel Fattah El-Sisi of Egypt, and Sheikh Tamim bin Hamad Al-Thani, More »
Saudi Crown Prince, US Secretary of Defense discuss troop deployment
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »
Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »
Tag Archives: KAEC
Port paves way for ‘new era of economic affluence’ in Saudi Arabia
:: Crown Prince Mohammed bin Salman (center) at the launch of the King Abdullah Port on Monday. King Abdullah Port, the fastest-growing container port in the world, is considered a major success story in the Kingdom’s efforts to develop public-private
New project to reduce youth unemployment in KSA’s small towns
:: The Governorate of Makkah region, in cooperation with King Abdullah Economic City (KAEC), plans to launch a project to qualify, train and employ 10,000 young male and female university graduates in small towns in the region before the end
Al-Falih announces package of renewable energy projects
Minister of Energy, Industry and Mineral Resources Khalid Al-Falih launched a tender process for the Kingdom’s 300 megawatts Sakaka solar project. He said more wind and solar projects are in the pipeline. Launching the major project at the Saudi Arabia
Women in leadership positions: Are quotas the answer?
What is the role of the government and private sectors in tackling obstacles faced by women in leadership positions? How will greater women’s participation contribute to the global economy? These were key questions posed at the Top CEO Conference held
King Abdullah Economic City development plan on track
King Abdullah Economic City (KAEC), the world’s largest privately-funded new city, has announced it signed contracts worth $43 million (SR1.6 billion) in 2016. In 2016 KAEC signed contracts with developers and service providers covering the full range of the city’s
Saudi industrial city says to speed up, broaden investment
The developer of one of Saudi Arabia’s biggest industrial city projects says it will speed construction of infrastructure and broaden the range of industries it accommodates as part of efforts to diversify the economy beyond oil. With state finances under
KAEC’s growth graph keeps rising with new investors
The rapid progress King Abdullah Economic City (KAEC) is making can be gauged from the list of its investors that is expanding by the day. In fact, new strategic partnerships that are being added from time to time have been
KAEC inks deal for health care center
King Abdullah Economic City (KAEC) is building its first medical center. The International Hospitals Construction Company (IHCC) is undertaking the project. IHCC claims to hold global expertise in providing solutions for health, education sectors and versatile projects. It is an
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