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Soudah Development signs MoU with Asir municipality

Huawei’s upcoming next-generation TV the Huawei Vision S is expected to launch in Saudi Arabia soon
Updated 28 April 2021
April 28, 2021 18:44
RIYADH: Ramadan is a time for family gatherings and appreciating special moments when loved ones gather around iftar and sahoor meals. This year, however, it remains challenging for many to enjoy the holy month with their family and friends.
It is during these unprecedented times that we turn to technology to help us bridge the gap between us and our loved ones, and still celebrate Ramadan with those that matter the most to us whether through regular calls, video calls, messaging, or other modes of communication. ....

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Saudi Arabia's PIF launches $3 billion tourism, infrastructure venture - SPA

By Reuters Staff
3 Min Read
FILE PHOTO: A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. REUTERS/Ahmed Yosri
DUBAI (Reuters) - Saudi Arabia’s Public Investment Fund (PIF) launched a new venture that will invest $3 billion in developing tourism and infrastructure in the southwestern Asir region, the state news agency SPA reported on Wednesday.
The kingdom, which opened its doors in September 2019 to foreign tourists by launching a new visa regime for 49 countries, hopes to diversify its oil-dependent economy through tourism and wants the sector to contribute 10% of gross domestic product by 2030.
Crown Prince Mohammed bin Salman has long pushed the PIF as a central plank in his plan to find ways of driving growth while weaning the economy off its dependence on oil. Crude exports still account for more than half the kingdom’s income. ....

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Saudi Arabia's PIF plans to invest $3 billion in new tourism venture

Saudi Arabia’s PIF plans to invest $3 billion in new tourism venture
25 Feb 2021
A cruise ship sails off Saudi Arabia’s western coast. File/Agence France-Presse
Saudi Arabia’s Public Investment Fund (PIF) launched a new venture that will invest $3 billion in developing tourism and infrastructure in the southwestern Asir region, the state news agency SPA reported.
The kingdom, which opened its doors in September 2019 to foreign tourists by launching a new visa regime for 49 countries, hopes to diversify its oil-dependent economy through tourism and wants the sector to contribute 10% of gross domestic product (GDP) by 2030.
Crown Prince Mohammed Bin Salman has long pushed the PIF as a central plank in his plan to find ways of driving growth while weaning the economy off its dependence on oil. Crude exports still account for more than half the kingdom’s income. ....

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Saudi crown prince launches Soudah Development Company with investment of SR 11 billion

Saudi crown prince launches Soudah Development Company with investment of SR 11 billion
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

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