100 towers in SR50bn Madinah pilgrim city to house 200,000

October 9, 2014

Madinah city

Madinah, Oct 9: Work on the first phase of the SR50 billion King Abdullah Pilgrim City in Madinah has begun as part of the government’s efforts to further improve services being extended to the guests of God who come for Haj and Umrah every year.

The massive city covering an area of over 1.6 million square meters will accommodate 200,000 people. It is located 3 km to the west of the Prophet’s Mosque, 3 km from Meeqat, and 900 meters from Quba Mosque.

“Custodian of the Two Holy Mosques King Abdullah has instructed the Finance Ministry to implement the project,” said Madinah Gov. Prince Faisal bin Salman, adding that it would boost pilgrim services in the city.

State-owned Public Investment Fund will finance the project, which includes a 400-bed hospital and a railway and bus station.

“A number of hotels and furnished apartments will be constructed as part of the world-class city to accommodate 200,000 pilgrims,” said Prince Faisal while thanking King Abdullah for approving the vital project.

A source at the Ministry of Finance, said the total cost of the giant project is expected to exceed SR50 billion. The first phase will cost SR3.3 billion while the second phase SR2.7 billion. The project will have 100 administrative and residential towers and 30 hotels apart from the Haj Ministry headquarters, the Haj secretariat, and the Madinah governor’s office.

It would help to provide better services for the guests of God, create thousands of local jobs and contribute to the social and economic development of the city.

The source said the project is one of several that are to be undertaken to develop Madinah, which would compensate for the number of properties demolished.

There would also be suites for businesspeople. Each hotel would have large reception halls with unique architectural designs, in addition to restaurants, coffee shops and business centers.

The city will house offices for the Supreme Haj Committee in Madinah, and administrative offices for Haj operators and Tawafa organizations, as well as offices for the General Syndicate of Cars, travel agents and medical missions with a capacity for 31,000 employees.

Lower floors have been allocated for parking. There would also be a big mosque on the southeastern side of the city to house 15,000 worshippers.

The bus station will have the capacity to transport 84,000 pilgrims to and from the Prophet’s Mosque. The commercial center is made up of three floors over 71,000 square meters, the source said.

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News Network
May 5,2020

Dubai, May 5: Saudi Arabian prosecutors have ordered the arrest of a Saudi citizen for insulting an Asian expatriate and abusing him for not embracing Islam.

A video went viral online showing the expat, apparently with little knowledge of the Arabic language, being insulated by an Arabic-speaking man who does not appear in the clip, for having not embraced Islam and for not fasting.

A monitoring centre affiliated with the public prosecution examined the video the content of which “shows the citizen’s use of abusive words against the Asian resident on the pretext of inviting him to Islam,” the prosecution source said.

“The public prosecution closely follows up whatever infringes rights of citizens and residents including harm to their dignity and legal rights regardless of pretexts of such infringement,” the source added.

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Arab News
March 9,2020

Dubai, Mar 9: The eyes of the world will be on the oil markets when the big trading hubs in Europe and North America open following the end of the deal between Saudi Arabia and Russia that has helped to sustain crude at relatively high levels for the past three years.

There were big falls on Friday when ministers from the Organization of the Petroleum Exporting Countries (OPEC) failed to get a deal with non-OPEC members — the so-called OPEC+ — to extend output agreements. Brent oil was down nearly 10 percent at $45.27 going into the western weekend.

Saudi Aramco took immediate action to cut prices after the OPEC+ collapse, offering big discounts for crude deliveries from next month, when the current output restrictions end.

According to a notification sent to customers by Saudi Aramco, seen by Arab News, the Kingdom’s oil giant will cut between $4 and $8 per barrel, with the biggest discounts being offered to buyers in northwest Europe and the US.

Roger Diwan, an oil analyst at consultancy IHS Market, said: “We are likely to see the lowest oil prices of the past 20 years in the next quarter.”

West Texas Intermediate, the US oil benchmark, fell to $28.27 in November 2001.

The move raises the possibility of a “crude war” between the three biggest oil blocs — the US, Russia and the Arabian Gulf. Some analysts believe the American shale industry is more vulnerable to low prices than either the Russians or the Saudis.

Robin Mills, head of the Qamar consultancy, told Arab News: “I don’t think this was premeditated but Saudi Arabia has clearly swung quickly into action to put the Russians under pressure. But the Russians, with low debt and a flexible exchange rate, can cope with a few months of low prices.”

The boom in US shale has made the country the biggest oil producer in the world, but with high financing costs. Lower global prices would put a lot of shale companies out of business.

On the other hand, American motorists, and President Donald Trump, would be pleased to see lower fuel prices in an election year.

In Moscow, one prominent financier with ties to the Kingdom played down the long-term significance of the Vienna fallout.

Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, told Arab News: “Saudi Arabia is our strategic partner, and cooperation between our two countries will continue in all areas. We will also continue to work within the framework of the Russia-Saudi Economic Council.”

One Russian official, who asked not to be named, added: “There is a good relationship between Alexander Novak, Russian energy minister, and his Saudi counterpart Prince Abdul Aziz bin Salman, and I am sure they will continue talking to each other less formally.”

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News Network
April 29,2020

Dubai, Apr 29: Saudi Arabia reported 1,325 new cases of coronavirus, bringing the total number of infections in the country to 21,402, the Ministry of Health announced on Wednesday (April 28).

Meanwhile, the ministry reported 169 recoveries today, with total recoveries in the kingdom at 2,953. There are 125 cases in intensive care.

The ministry also confirmed 5 deaths, bringing the total number of deaths in the kingdom to 157.

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