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SHARM EL-SHEIKH: Soudah Development, a company owned by the Saudi Public Investment Fund, said it plans to invest SR11 billion ($2.93 billion) as it spearheads a new era of sustainable mountain tourism, as part of the Kingdom’s ambitious environmental action plans. Its project spans a 627 sq. km area that includes Soudah mountain and the mountain village of Rijal Alma, in the ....
Under the Saudi Green Initiative (SGI), the kingdom has committed to protecting 30% of its terrestrial and marine area and is teaming up with leading global organisations to safeguard and restore the natural ecosystems. ....
Soudah Development (SD), a real estate development company owned by Saudi PIF, will be highlighting its contribution to kingdom s climate change efforts at the upcoming Saudi Green Initiative Forum being held on the sidelines of COP 27 in Egypt. ....
RIYADH: When Saudi Arabia announced its Vision 2030 in 2016, aimed at accelerating the growth of the non-oil sector, skeptics doubted how a nation that has been relying heavily on oil-based revenue for so many decades would execute it with perfection. Six years later, the progress made by the country in non-oil sectors indicates that Kingdom is moving ahead in the right ....
ABHA: Soudah Development, a company of the Public Investment Fund, announced that six newborn Nubian ibex have been welcomed after the company launched a repopulation program last December in cooperation with the National Center for Wildlife. It is part of efforts by the company to maintain the environment and protect the endangered species. Soudah Development introduced 15 ....