Saudi arabia said it intends to significantly increase spending next year as it benefits from higher oil prices, a plan that will help boost sluggish growth and create more jobs in the middle east. A look at saudi arabia’s ambitious new shipyard plans, and why it matters in a region already beset with an overcapacity of maritime maintenance and repair facilities - maritime, saudi arabia, imi, shipyard, saudi aramco, lamprell, bahri. The prince is the owner of the savoy hotel in london, and his investment company plans to finance the construction of the world’s tallest building - the kingdom tower - in saudi arabia..
Saudi arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets.. Saudi arabia plans to build a 'riviera of the middle east' in bid to become a global tourism destination with high speed trains linking its holiest cities.. Still, the plan appears to be failing, and its failure bodes ill for saudi arabia – and for russia, which was a little disingenuous in how much its own cuts would affect prices. saudi arabia’s energy minister (left) arrives for an opec meeting at the opec headquarters in vienna, austria on nov. 30, 2016..
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