
Housing Ministry launches EOI for Dammam Boulevard project
The Ministry of Municipal and Rural Affairs and Housing, in cooperation with the Eastern Province Municipality's development arm, Asharq Development Co., and the National Center for Privatization, launched the expression of interest (EOI) phase for the King Fahd Suburb Boulevard project in Dammam. The deadline for submissions is July 16, 2025.
The ministry pointed out that the project will be developed under a public-private partnership (PPP) model, through a 30-year contract covering design, construction, financing, operation, maintenance, and transfer, the Saudi News Agency reported.
The project spans a total area of approximately one million square meters and will be carried out in two phases.
It includes the development of a four-kilometer main boulevard surrounded by a mixed-use zone and green spaces extending over 7.3 kilometers.
According to data compiled by Argaam, Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail launched the King Fahd Suburb Boulevard development project in March 2021 in partnership with the private sector.
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Asharq Al-Awsat
an hour ago
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In fields like finance, healthcare, legal services, transport, education and manufacturing, AI is already altering employment patterns. Companies are rethinking job descriptions, team structures and even organizational hierarchies. Where once a financial analyst might have spent hours poring over spreadsheets to detect market patterns, AI models can now generate predictive analytics in seconds — leaving the analyst to focus on interpreting results and providing strategic recommendations. The jobs most vulnerable to elimination are those that involve repetitive, rules-based tasks, such as data entry, routine customer service and basic accounting. Yet, even in these areas, AI's role is not absolute. Many organizations are choosing to redeploy human workers to more valuable, customer-facing or analytical positions. In healthcare, for example, AI handles the complexities of insurance billing and coding, allowing nurses and administrative staff to focus on patient engagement. 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The future of work will not be dictated by machines, but by how well we as a society rise to the challenge of reinventing ourselves.