ASDA to boost private sector investments to SAR 27B: Acting CEO
In an interview with Argaam, on the sidelines of the Real Estate Future Forum, the top executive indicated that these investments are different from the major and qualitative investments of the Public Investment Fund (PIF), which are being worked on, as the designs have been approved.
Al-Dabbagh also pointed out that the key projects are the valley project in the heart of Abha, where the old riverbed has been revived to be a waterway throughout the year, in addition to developments that include commercial, residential, cultural, and agricultural areas.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arab News
an hour ago
- Arab News
Saudi ambassador meets Pakistan's prime minister
ISLAMABAD: Saudi Ambassador to Pakistan Nawaf Al-Malki received Prime Minister of Pakistan Shehbaz Sharif in Islamabad on Saturday. During the meeting, they held talks and discussed various topics of common interest, the Saudi ambassador wrote in a post on X. Al-Malki recently also met the CEO of the Saudi-Pakistani Industrial and Agricultural Investment Company, Rizwan Ahmed Sheikh. During the meeting, they discussed future plans and ways to further enhance trade relations between the two countries.
Argaam
10 hours ago
- Argaam
Riyadh Parking: Non-paid spaces in Al-Wurud to be activated tomorrow
The Riyadh Parking project said that the managed, non-paid parking spaces within residential neighborhoods in Al-Wurud district will be activated as of tomorrow, Aug.10. Residents of managed areas will be required to obtain permits for themselves and their visitors via the Riyadh Parking mobile application, in order to limit the spillover of vehicles from commercial streets into residential neighborhoods. According to data from Argaam, Riyadh Municipality launched the first phase of the Riyadh Parking project in August last year, aiming to enhance quality of life in the capital by regulating public parking and developing smart, innovative solutions to reduce improper and random parking practices. The first phase of the project included the creation and management of more than 24,000 public parking spaces on main and commercial streets, and the management of over 140,000 parking spaces in adjacent residential neighborhoods.
Arab News
16 hours ago
- Arab News
Pakistan, Qatar agree to broaden partnerships in environmental sustainability, green investments
ISLAMABAD: Pakistan and Qatar have agreed to broaden their partnership in diverse areas, including environmental sustainability and green investments, Pakistan's climate change minister said on Friday. The understanding was reached during a meeting between Pakistan's Climate Change Minister Dr. Musadik Malik and Qatar's Ambassador to Pakistan, Ali Mubarak Ali Essa Al-Khater, in Islamabad. Malik said the meeting covered Global Plastics Treaty negotiations in Geneva next week, Pakistan's upcoming Green Startups Initiative to empower youth and attract international investors. 'Both sides reaffirmed commitment to expanding cooperation in climate action, trade and people-to-people ties,' the minister said, emphasizing the need for fair, accessible, and people-centered global environmental agreements that address the socio-economic realities of developing countries. Pakistan and Qatar have longstanding economic, defense and cultural relations. In 2022, the Qatar Investment Authority committed $3 billion for projects in Pakistan, spanning airport management, renewable energy and hospitality. Pakistan, currently bolstered by a $7 billion International Monetary Fund (IMF) program, ranks among countries most affected by climate change and has been planning several initiatives to boost green economy, aiming to reduce environmental risks and ecological scarcities while ensuring sustainable development. 'The Ambassador of Qatar expressed strong interest in expanding cooperation in climate action besides trade and investment,' the Radio Pakistan broadcaster reported.
