The Saudi Ports Authority (SPA) yesterday signed a number of contracts worth SR 615 million for the development of King Abdul Aziz Port in Dammam, Dhuba Port in Tabuk, King Fahd Industrial Port in Yanbu and Yanbu Commercial Port. “An electricity power station will be set up at the Dammam port at cost of SR 192.3 million to raise power generation capacity from 50 to 120 megawatts to meet the port’s development requirements,” said Abdul Aziz Al-Tuwaijri, president of the authority. A container wharf will be constructed at Dhuba at a cost of SR 174.46 million and two wharfs at King Fahd port spending SR 144.38 million. A new wharf for services and receiving ships, recreation boats and yachts will be established in Yanbu port at a cost of SR 103.97 million. “This wharf at Yanbu Commercial Port will be constructed in cooperation with the Saudi Commission for Tourism and Antiquities to promote domestic tourism,” Al-Tuwaijri said. He said the new projects would improve the performance of Saudi ports. From: Arabnews
GMT 17:47 2018 Monday ,15 January
‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’sGMT 19:27 2018 Sunday ,07 January
UAE pledges to distribute 70% of VAT proceeds to help fund community projectsGMT 19:21 2018 Sunday ,07 January
Surge in foreign fund inflows sets stage for Egyptian boomGMT 19:15 2018 Sunday ,07 January
Iraq to export Kirkuk oil to Iran before January-endGMT 11:35 2018 Wednesday ,03 January
Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipmentGMT 10:00 2018 Wednesday ,03 January
Saudi Customs launches Approved Economic Operator programGMT 07:30 2018 Wednesday ,03 January
Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in DeclineGMT 18:33 2018 Monday ,01 January
No New Year cheer for UAE property market
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor