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#531
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Adverts banned on pilgrim coaches by Haj ministry
Saudi Arabia's Haj ministry has banned all Haj service providers from placing advertisement stickers on buses transporting pilgrims, Arab News has reported. The ministry asked the Makkah municipality to select one of the specialised advertising agencies through a public tender. The winning agency will be asked to remove all posters that are randomly put up by Haj service companies, the ministry said. Source: Arab News
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#532
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Dar Alarkan gets funding for Jeddah project
Saudi Arabia's largest property developer, Dar Alarkan, has said the kingdom's Public Investment Fund has approved a SR4bn ($1bn) facility to finance the Qasr Khozam development project in Jeddah, Reuters has reported. "This funding will contribute to the project by accelerating the development operations and pushing ahead to the next phase of sending evacuation notifications, the compensation and transfer of ownership of the properties located in the project area," the company said. Source: Reuters
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#533
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Jeddah floods projects to be completed by Nov 27
All emergency flood projects underway in Jeddah will be completed before the November 27 deadline, a senior official has pledged. Prince Mansour bin Miteb, Municipal and Rural Affairs Minister, said all work was progressing as planned as he visited a number of the work sites, Saudi daily Arab News reported on Friday. Fourteen contracts were awarded in August to carry out emergency projects as part of a plan to prevent flooding in Jeddah. A major ministerial meeting on tackling flooding in the city reviewed short and long-term projects planned to confront flashfloods that have destroyed the city in the past. In November 2009, floods resulted in the deaths of more than 120 people and rendered about 10,000 people homeless while thousands of homes, buildings and vehicles were also destroyed. “Work on all short-term emergency projects are progressing as planned. The ministry gets weekly reports on the progress of the projects,” Prince Mansour said while touring the sites of flood protection projects in Quwaisah, Umm Al-Khayr and other locations. The prince added that the ministry wanted not only the completion of the projects on time but also insisted on the quality of the work, the paper said, citing a report in the Al-Madinah Arabic daily. The projects visited by the minister included Qaus Check Dam 2, which has a capacity to hold 1.16m cubic meters of floodwater, and an underground pipe canal in the Mathoub valley. In April, US-based Aecom Technology Corporation won a $171m order to work on a new long-term flood control system in Jeddah. Aecom said it will provide project management services including a consultancy, engineering, and construction services contract for a citywide storm water, flood-control, and wastewater infrastructure improvement programme. Under the contract, Aecom will supervise emergency and long-term solutions against natural disasters, especially flooding. Source: Arabian Business
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#534
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Intel to train teachers in Saudi Arabia
The Saudi education ministry has signed a memorandum of understanding with chipmaker Intel to train educators across the country on the use of classroom technologies, Saudi Gazette has reported. Under the agreement, 100,000 teachers and 10,000 principals are to be trained in technological programs at boys and girls schools, as well as expanding the use of Intel educational programs in schools. Source: Saudi Gazette
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#535
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Sadara chemical joint venture likely to tap debt market
The Sadara chemical joint venture being built by Saudi Arabian Oil Co and Dow Chemical Co may tap debt markets to help finance the project, Bloomberg has reported. The venture will explore all sources of funding as "it's a big project that needs a lot of debt", said Khalid Al Falih, chief executive of Saudi Aramco. The project will examine bond and sukuk markets. The plant will make three million tonnes of chemical products a year, generating about $10bn worth of sales per annum, within a few years, he said. Source: Bloomberg
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#536
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Al Hokair opens Garage store in Saudi Arabia
Saudi-based retailer Al Hokair Group has opened a Garage apparel store in Sahara Mall, Riyadh, following the signing of a partnership with the fashion brand. Under the agreement, Al Hokair is also to open two more stores over the next month in the largest malls in Saudi Arabia; one in Mall of Arabia in Jeddah and the other in Mall of Dhahran in Dhahran. Source: Ame Info
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#537
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Makkah in need of tour guides
Saudi experts have said the Holy City of Makkah suffers from the lack of educated and professional tour guides, Saudi Gazette has reported. Only 11 trained and experienced tour guides are employed in the Makkah region, which has 24 historical attractions visited by hundreds of thousands of visitors each month, according to Dr Mohammad Al-Omairi, Dean of the College of Management Sciences and Tourism at Um Al-Qura University in Makkah. A recent study by the ministry of Haj showed a 30% increase in Umrah pilgrims compared to last year. Source: Ame Info
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#538
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New cable car system planned for Makkah
The Saudi government is set to set up 12 cable car systems linking the parking areas in Kudai, Rusaifa and Taneem with the Grand Mosque in Makkah to facilitate transportation of pilgrims and reduce traffic congestion, Arab News has reported. The Centre of Research Excellence at Makkah's Umm Al-Qura University is working with the Transport and Crowd Management Centre in Toronto University to develop the system for the Holy City. In addition to the 2.3km cable car line from Kudai, there will also be two cable car lines from Rusaifa to the Haram, one with a length of 3.2km without any station and another 3.3km line parallel to the Makkah road with three stations. Source: Arab News
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#539
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The gold price per gram is SR 175.89 8 AM October 12, 2011
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#540
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Meeza wins Saudi Arabia VIP lounges contract
Saudi Arabia's General Authority for Civil Aviation (GACA) has signed a 15-year agreement with Meeza Co to develop and operate VIP lounges at airports across the kingdom, Arab News has reported. According to the contract, Meeza is to develop and operate special lounges and in 12 major airports. GACA is also to transfer services to Meeza within one year, starting with King Abdulaziz Airport in Jeddah. Source: Arab News
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