Jazan to start steel mill production in Q3 2011
Recently, an agreement has been signed between the human resources fund and the steel & iron mill in the economic city to train and habituate Jazan residents this agreement also includes dispatching 100 sons of Jazan to Qatar to be trained in Qatar Steel mill in order to be recruited to work in the Phase I
Aramco awards Jazan refinery contract to KBR
Saudi Aramco has awarded American construction firm KBR with a front-end engineering and design and project management services contract for the planned multi-billion-riyal Jazan refinery which is expected to process 400,000 barrels of crude everyday.
Emaar Economic City May Receive State Loan for Red Sea Project
Emaar Economic City, the developer of King Abdullah Economic City in Saudi Arabia, may receive a government loan to help pay for work on the Red Sea coast project.
Aramco to Start Building Jazan Refinery in First Quarter 2013
MMC Corp. Bhd., a Malaysian company that is developing the Red Sea coastal city along with Saudi Binladin Group, said in a statement that Aramco expects to complete the refinery in the fourth quarter of 2015. The developers are planning to build Jazan’s port in the city’s southern district, known as Jazan Economic City, near where Aramco wants to locate its refinery, MMC said.
Tabuk airport to receive international flights
The King Abdullah Airport will have a capacity to handle three million passengers a year. The airport will be tendered for developers next year after the design is completed, the authority said, adding that it would have high-tech aviation facilities. The airport will have a passenger terminal to accommodate three million passengers annually. It will be located 30 km from Jazan Economic City (JEC), which is being developed by the Saudi Binladin Group and Malaysia’s MMC Corp.
Economic cities draw foreign investment: SAGIA chief
Speaking about progress of work at Jazan Economic City (JEC), Al-Dabbagh said an iron and steel factory will be established in JEC at a cost of SR1.5 billion. “About 30 percent of the project has been completed and the plant is expected to start production in the third quarter of 2011,” he said.
Accommodation
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Mecca hotel prices up tenfold for Haj
Hotel rooms in Mecca during the Haj pilgrimage in November are selling for almost 10 times off-season prices as demand is expected to be much higher than last year. Many visitors stayed away from Mecca during the annual pilgrimage last year as fears of swine flu swept the world.
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Business & jobs
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Aramco awards Jazan refinery contract to KBR
Saudi Aramco has awarded American construction firm KBR with a front-end engineering and design and project management services contract for the planned multi-billion-riyal Jazan refinery which is expected to process 400,000 barrels of crude everyday.
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Construction and technology
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Jazan to start steel mill production in Q3 2011
Recently, an agreement has been signed between the human resources fund and the steel & iron mill in the economic city to train and habituate Jazan residents this agreement also includes dispatching 100 sons of Jazan to Qatar to be trained in Qatar Steel mill in order to be recruited to work in the Phase I
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Aviation
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Tabuk airport to receive international flights
The King Abdullah Airport will have a capacity to handle three million passengers a year. The airport will be tendered for developers next year after the design is completed, the authority said, adding that it would have high-tech aviation facilities. The airport will have a passenger terminal to accommodate three million passengers annually. It will be located 30 km from Jazan Economic City (JEC), which is being developed by the Saudi Binladin Group and Malaysia’s MMC Corp.
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