Main Site Media Group English عربي Contact us

About us

Home Page
Top 10 GCC Cities ●●● and Real Estate Leaders Achievements 2011
    • Yearl Membership

    • Business and finance group launches Top 10 GCC Cities project about real estate leadership and achievements. The launch of this media and economic project comes to cover
    • Economic Accomplishments

    • This event is regarded as the first joint economic Gulf grouping between the performances of the secretariats and municipals of the Top 10 GCC Cities.t
    • Letters of the Strategic Support

    • Letter of Ministry of Municipal and Rural Affairs Letter of Jeddah Municipality Letter of Jeddah Municipality 2 Letter of Holy Capital Letter of Eastern Province Municipality
    • Program Features and Activities

    • This program is the first and largest specialized event which highlights the main accomplishments and those being implemented in the top (10) ten GCC Cities
    • Unlimited Investments

    • The Board of Directors of the Business and Finance Group expresses to you its regards and wish you further progress and prosperity, and we are pleased
    • Registeration Application

    • The Business & Finance Group is pleased to invite you to participate in the Forum & Ceremony of Real Estate Leaderships and Accomplishments of GCC Cities under the sponsorship of Jeddah
    • Electronic Information Center

    • Info ME Information Center electronic specialist section in queries with regard to electronic companies, sectors and information about companies, you can ask a question and be
    • Program of Advertising Participant

    • The Group has allocated an extensive media coverage for all the audio, visual and text media in order to deliver the information needed locally, regionally and internationally
    • Sponsorship Category

    • includes the publishing of (10) issues, where an issue is published each month for each a city participating in this event, as per the rank of each Gulf city in this letter, and the issues are published monthly by the Business & Finance Club Magazine, which is one of the Group’s media activities
   
 

$5m expansion for King Fahd Causeway set

Business & Finance Club - Saudi Arabia : The King Fahd Causeway linking Saudi Arabia and Bahrain is to undergo a major $5 million expansion.

The number of departure lanes will be increased from 10 to 17 and the number of arrival lanes from 13 to 18 on both sides.

Local newspapers quoted King Fahd Causeway Authority chief Bader Abdullah Al-Otaishan as saying that the expansion is projected to cost $5.3 million.

The causeway is 25 km  in length. The Saudi portion begins at Al-Aziziah, south of Alkhobar, while the Bahraini part begins at Al-Jasra, west of Manama.

The causeway features two roadways 11.6 meters wide, each with two lanes and a curb for emergency parking. The renovation includes construction of a commercial center on the Bahraini side.

“It will have a number of restaurants, coffee shops, a grocery shop, telephone stalls and a shop to meet travelers’ needs,” said Al-Otaishan. “We saw that there was a need for such a center to assist travelers.”

He said work is under way and the center will be completed by the first quarter of next year. A Bahraini health center is also being built to serve travelers and causeway staff.

“It will feature an emergency room and ambulance to serve whoever is using the causeway — travelers or employees,” he said, noting a Saudi health center is also planned for 2011.

A security checkpoint will be set up near the Bahraini entrance of the causeway, in addition to the one near the Saudi entrance.

“It will allow us to control the causeway and close it,” Al-Otaishan said.

The project also includes expanded public utilities such as washrooms and mosques on both sides of the causeway, to be completed by the end of the year.

The two tower restaurants, one Saudi and one Bahraini, will be revamped through a separate project. The towers will be renovated without altering their historic appearance.

Al-Otaishan told local newspapers that tenders for the project on the Saudi side had already been approved, with the Bahraini side set to follow suit shortly.

“An investment company or hotel will win the contract to operate the facility,” he said, adding: “We want it to be of high standard and attract tourists without changing its design.” The expansion project is part of an overall strategy to dramatically increase the number of lanes.

In September 2008, it was reported that the number of immigration lanes on the causeway could be increased to 45 in both directions within the next five years. An anticipated surge in the amount of two-way traffic means authorities are now drawing up a long-term strategy to cope with the demand. The causeway opened in November 1986, and traffic has increased from up to 10,000 vehicles a day to about 45,000 on weekdays and up to 60,000 on weekends. The total number of travelers across the causeway from both countries in 2008 was 17.7 million passengers, or an average of 48,600 passengers per day.

 

 
Kingdom to make cars for Gulf and N. Africa
Economic Achievements : Saudi Arabia
UAE Ministry of Health launches iodine deficiency screening progamme
Economic Achievements : United Arab Emarites
Jabal Omar signs $906m contract for mega project development
Economic Achievements : Saudi Arabia
Emaar Properties enters collaboration with Emirates Healthcare Limited on healthcare portfolio
Economic Achievements : United Arab Emarites
King Fahd University to introduce environmental studies
Economic Achievements : Saudi Arabia
Bahrain Polytechnic announces admissions opening
Economic Achievements : Bahrain
Flydubai takes delivery of four new aircraft
Economic Achievements : United Arab Emarites
Khaleeji Commercial Bank holds a workshop on corporate governance
Economic Achievements : Bahrain
DP World announces partnership with Plastic Free Ocean
Economic Achievements : United Arab Emarites
Print industry leaders predict business upturn
Economic Achievements : United Arab Emarites
Abu Dhabi Motors quadruples Rolls-Royce sales from January to November 2010
Economic Achievements : United Arab Emarites
Drydocks World wins $13m BW Offshore contract
Economic Achievements : United Arab Emarites
Dubai's RTA completes work on 1st interchange
Economic Achievements : United Arab Emarites
DP World sells 75% of operations in Australia
Economic Achievements : United Arab Emarites
Jumeirah Group plans expansion in China
Economic Achievements : United Arab Emarites