Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - SR17bn plan to develop Al-Uqair beach  Join our daily free Newsletter

MENAFN - Arab News - 09/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Hamad Alsimaeel, vice president of the Saudi Commission for Tourism and Antiquities (SCTA), has announced that the commission is expecting to welcome visitors to Al-Uqair beach in early 2017.
Alsimaeel said that according to the commission's estimates, Al-Uqair Development Company amassed a total of SR17 billion worth of investments to develop Al-Uqair beach, while general investment in the Al-Uqair area is expected to reach SR34 billion.
"The project is expected to create 37,700 direct job opportunities and another 56,000 indirect and seasonal job opportunities," he said.
Alsimaeel reeled the figures off during a presentation to Al-Ahsaa's Development Counsel, in which he conveyed to the members the latest developments and details regarding the project's progress. He also informed the council about the updates since Al-Uqair Development Company signed the contract to develop the area.
In addition, Alsimaeel presented the counsel with the progress achieved with regard to Al-Uqair's title deeds and the coordination efforts under way with the Ministry of Commerce to submit the necessary paperwork related to thproject to Custodian of the Two Holy Mosques King Abdullah for approval.

The SCTA official said Prince Sultan bin Salman has approved the project and is keen to ensure that the governor of Al-Ahsa, members of the counsel and the community are well-informed of the project and its developments.
Al-Ahsa Mayor Fahad Al-Jubair underscored the municipality's efforts to direct Al-Ahsa's urban center toward the coast of Al-Uqair beach. He also emphasized that the municipality is working in close cooperation and coordination with SCTA to develop the beach through various investment projects.
The government has allocated SR1.4 billion in financial support to begin work on the project's infrastructure, asserted the mayor, adding that SR1 billion will be used to bring electricity to the area and another SR400 million for sewage and water systems.
Al-Jubair said the Al-Uqair development project aims to transform the area into an entertainment and tourism destination, taking into account the unique characteristics of Al-Uqair, including the beach, the oases, the desert terrain and the cultural monuments and antiquities present there.


 


Arab News




  MENA News Headlines
 Feb 10 2016 - Turkish PM warns Russia by recalling Soviet invasion of AfghanistanThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Prime MinisterAhmet Davutoluhas warnedRussiaover the possible consequences of its moves in neighboring Syria suggesting they might be about to become mired in ...

 Feb 10 2016 - EU Calls on Israel to Stop Home Demolitions Settlement ExpansionThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) The European Union on Saturday called on Israel to stop demolishing Palestinian homes in the occupied West Bank and reiterated “the EU’s firm ...

 Feb 10 2016 - Swiss discuss humanitarian issues with Assad regimeThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) For three years Switzerland has been dealing directly with the Syrian regime of Bashar al-Assad concerning the humanitarian situation in the war-ravaged ...

 Feb 10 2016 - Turkey- Experts rule out impending Israeli onslaught on GazaThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Many Palestinian political analysts have ruled out that Israel is likely to launch a new war on the Gaza Strip due to what they described by "political ...

 Feb 10 2016 - UK underestimates number of young deported to war zonesThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) More than 2700 young asylum seekers were deported from the U.K. to the war-torn countries they left as children in recent years according to revised figures ...

 Feb 10 2016 - UAE- WorldGovSummit Mohammed bin Rashid receives mayors and representatives of participating Arab and Foreign citiesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 10th February 2016 (WAM) -- Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum today received at ...

 Feb 10 2016 - Swiss Tourism reviews co operation with travel and tourism sector in Abu DhabiEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 10th February 2016 (WAM)Swiss Tourism in the Gulf Cooperation Council GCC has held a workshop at the St. Regis Hotel Abu Dhabi to meet with travel ...

 Feb 10 2016 - UAE- WorldGovSummit DEWA wins best m Government Award in environment category at World Government SummitEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 10th February 2016 (WAM) -- Dubai Electricity and Water Authority DEWA has won the Best m-Government Service Award in the environment category which ...

 Feb 10 2016 - UAE- EAU receives NQA Qualifications RecognitionEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 10th February 2016 (WAM) -- Emirates Aviation University EAU has received recognition of its qualifications from the National Qualifications Authority ...

 Feb 10 2016 - UAE- Knowledge Without Borders to launch a new cultural initiative next MondayEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) SHARJAH 10th February 2016 (WAM) -- Knowledge Without Borders KWB will announce next Monday the launch of a new cultural initiative in line with 2016 being ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help