| Feature Article |
By Senior Analyst Talal Kapoor
With a little-noticed marriage ceremony last month, an important alliance took shape between the families of the king and crown prince, representing a tacit acknowledgement of the growing power of Sultan and his sons.
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| Royal Family News |
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| Saudi Business News |
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Emaar EC inks deal with Jurong on Saudi project
Saudi Arabia: Emaar, The Economic City (Emaar EC), the Saudi unit of UAE-based developer Emaar which is developing King Abdullah Economic City, has announced the signing of an agreement with Singapore's Jurong International to develop the second phase of the Industrial Valley within KAEC. According to the agreement, Jurong International will undertake the master planning and infra engineering of the 2 million square metres located for Phase 2 of the Industrial Valley project, one of the six components of KAEC that sprawls over an area of 63 million sq m with 4,400 net hectares of land. |
Saudi plans $4.5bn airport projects
Saudi Arabia: Alaa Samman, director of business development at Saudi Arabia's General Authority of Civil Aviation, has said the kingdom plans to build a new airport in the holy city of Medina and an 'airport city' near Jeddah airport, Reuters has reported. The new Medina airport, estimated to cost between SR7bn and SR8bn, will increase traffic capacity to 8 million passengers a year from 3 million, while in Jeddah, authorities want to build a commercial centre that will include hotels, office buildings, housing units, malls and even a flight academy, Samman said. The kingdomd plans to launch tenders worth more than 17bn riyals ($4.5bn) this year for the two projects. |
Saudi Arabia to auction airport projects worth $4.5b (MENAFN)
Saudi Arabia to auction airport projects worth $4.5b | More |
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| Islamic Community News |
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Misfar marriage is unlawful, says Grand Mufti
Sheikh Abdul Aziz Bin Abdullah Aal Al-Sheikh, Grand Mufti of the Kingdom, has warned against 'misfar' marriage saying it is no different to 'mut'a'Â marriage conducted in order to 'fulfill desires unlawfully'
The Grand Mufti said that traveling abroad to 'marry with the intention of divorcing upon return'Â is haram |
Saudi judges study UK courts
Prince Bandar Bin Salman Al-Saud, Adviser to the King and Chairman of the Saudi Arbitration Team, and a group of three Saudi judges are conducting a tour of the work of the United Kingdom’s Supreme Court in London.
The delegation has been given insight into the court’s work and its various departments by President of the Supreme Court Lord Nicholas |
Saudi Arabia- Revenue from Umrah likely to reach SR12b
Umrah service providers in the Kingdom expect a substantial increase in the number of foreign pilgrims who will come for Umrah this year. The Haj Ministry has already issued more than 150,000 visas since the beginning of this year's Umrah season. Moreover, hotels and furnished apartments in Makkah are witnessing 100 percent occupancy. According to one source, revenue from Umrah traffic are expected to reach SR12 billion by the end of the year. The peak season for the noncompulsory pilgrimage is Ramadan. The increase in occupancy was not limited to five-star or three-star hotels but covered furnished apartments in Makkah's central region. A business analyst said the services being offered by Umrah companies have played a big role in attracting a large number of pilgrims this year. This will help them offset the losses they suffered last year as result of the global recession and the impact of swine flu. | More |
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