Kingdom of Saudi Arabia,Saudi Arabia- an absolute monarchy occupying most of the Arabian Peninsula in southwest Asia; vast oil reserves dominate the economy Arab,Arabian- a member of a Semitic people originally from the Arabian peninsula and surrounding territories who speaks Arabic and who inhabits...
Crown Prince Mohammed bin Salman designated “King Salman Automotive Cluster" as the official name of the automotive manufacturing zone within King Abdullah Economic City (KAEC), the Saudi Press Agency reported. The cluster is a crucial step in Saudi Arabia’s economic... ...
Though no women find a position in King Salman's cabinet; still, women have been employed at various strategic positions both inside and outside Kingdom. This is in line with Vision 2030. The Saudi government is committed to appointing women in favorable diplomatic positions and vigorously doing...
King Salman Park Urban Development Located in the capital Riyadh, it is one of four major projects launched by the Custodian of the Two Holy Mosques King Salman Bin Abdulaziz in 2019, and one of the largest city parks in the world, with an area of more than sixteen km. It comprises a ...
Saudi Arabia elevator and escalator market is expected to grow at a CAGR of over 5% from 2023 to 2029 and is expected to reach 16.01 thousand units by 2029 from 11.5 thousand units in 2023.
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King Salman Energy Park TheKing Salman Energy Park (SPARK)will provide tenants and investors unparalleled access to regional and global energy markets.SPARKhopes to attract energy companies to expand their operations and take advantage of the efficiencies offered by the integrated ecosystem. Located in...
The government is investing heavily in infrastructure works such as the vast mega-city NEOM project under the plan driven by Crown Prince Mohammed bin Salman, who wants to grow the private sector, develop new industries and create thousands of jobs. "Overall, we are very,...
27 The pace of change considerably accelerated after King Salman ascended the throne in 2015 and appointed his son Muḥammad b. Salman Crown Prince in 2017. The power of the religious police was dramatically curtailed (April 2016) and prominent Ṣaḥwa-cleric Salman al-ʿAwḍa was ...
The Saudi kingdom also has the option to sell up to an additional 154.5mn shares at the final price. If the option is exercised in full, it would net the kingdom an additional $1bn. Amin Nasser, chief executive of Saudi Aramco, said the timing of the sale had been decided by the ...