FINANCIAL NEWS

Saudi Arabia to launch USD320mn development projects

12 Feb 2017

(MENAFN) The Saudi government has set up development projects worth more than USD320mn in the Rabigh governorate of Makkah.

Moreover, King Abdullah Economic City aims to become the most exclusive emerging entertainment destination on the Red Sea, to support the tourism sector.

In addition, seven major projects will be launched amid the KAEC over the coming months involving a floating Water Park and hotel beach apartments.

On the other hand, Prince Khaled also inaugurated three tourism development projects; Juman Park, Marina and Yacht Club and Al-Bylsan entertainment club.

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MENAFN1202201700450000ID1095242201

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