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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
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    • 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
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    • 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
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    • 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
   
 

New tourism projects to create 50,000 jobs

Makkah Gov. Prince Khaled Al-Faisal announced Wednesday the government’s plan to establish an airport in Qunfuda, a town on the Red Sea, south of Jeddah, as well as a seaport and an industrial city in Al-Leeth, another town on the Red Sea.

He made this comment after launching a number of tourism projects in Qunfuda and Al-Leeth, in the presence of Prince Mansour bin Miteb, minister of municipal and rural affairs and Prince Sultan bin Salman, chairman of the Saudi Commission for Tourism and Antiquities (SCTA).

“We have completed construction of most infrastructure projects in both Qunfuda and Al-Leeth,” the governor said. Prince Sultan said the new tourism projects launched by Prince Khaled would create about 50,000 new jobs for Saudis.

“The state and the national economy are badly in need of investment projects that create more job opportunities for citizens,” Prince Sultan said. “The tourism sector will provide jobs to Saudis in the areas they live,” he pointed out.

The SCTA chief emphasized the need to develop tourist facilities in various parts of the country. “We are not targeting development of a particular region. We look at all cities and provinces with the single perception.”

He disclosed plans to develop the central region of the resort city of Taif, adding that the project would cost SR120 million.

He also referred to the Okaz Souk project and other tourism projects on Taif mountains. “Contracts will be awarded for implementing these projects shortly,” Prince Sultan said.

Asked about high prices at Saudi tourist resorts, he said the government would intervene to control prices. “We are a free economy but the state would intervene to control prices. We have been studying prices of hotels and furnished apartments.”

He called for the establishment of a fund for tourism development to support tourism projects. “Without such a fund the situation of national tourism would not improve and prices would not change. The fund will also help boost tourism investment,” he said.

Prince Sultan stressed the need for expanding tourist facilities in order to attract tourists from within the Kingdom and abroad.

“The shortness of leasing period for lands given for investment is one of the major obstacles facing tourism investment,” Prince Sultan said and hoped the problem would be solved in the new fiscal year.

Jeddah Mayor Hani Aburas said the mayoralty would implement a number of tourism projects in Qunfuda and Al-Leeth in cooperation with SCTA. “We have identified places in both towns for these projects.”
 

 

 
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