Browsing: Enhance

Davos, January 22, 2026, SPA — On the sidelines of the World Economic Forum 2026 in Davos, Switzerland, a cooperation agreement was signed to enhance the Kingdom’s industrial transformation pathways. The agreement was signed by Minister of Industry and Mineral Resources Bandar Alkhorayef and World Economic Forum President and Chief Executive Officer Borge Brende, with the attendance of Minister of Foreign Affairs and head of the Saudi delegation to the annual meeting Prince Faisal bin Farhan bin Abdullah. The agreement focuses on developing a scalable, structured model for industrial transformation in the Kingdom by building capabil

Jizan, November 18, 2025, SPA — Under the patronage of Minister of Municipalities and Housing Majed Al-Hogail, the Jazan Municipality signed an investment contract with Alawaly Real Estate at the Cityscape Global 2025 exhibition in Riyadh. The contract involves the establishment of a water city in Jazan covering 113,000 square meters, with an investment value of SAR200 million. This initiative aims to enhance tourism and investment in the region, aligning with Saudi Vision 2030 to develop infrastructure and increase investment opportunities across various sectors. Located on the Jazan waterfront, the project is one of the largest enter