Saudi Arabia

2023 - 2 - 21

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Image courtesy of "Parametric Architecture"

Saudi Arabia's next mega-projet: Mukaab, an indoor super-city in ... (Parametric Architecture)

Saudi Arabia has announced a bold new project, Mukaab, that promises to be one of the largest built structures in the world.

Residents of New Murabba will have access to living, working, and entertainment spaces within a 15-minute walking radius, while the airport will be a mere 20-minute drive away. In total, the New Murabba project will feature 104,000 residential units, 9,000 hotel rooms, 980,000 square meters of retail space, and 1.4 million square meters of office space. The cube will enclose a tower on top of a spiral base and a structure featuring 2 million square meters of floor space that will be a hospitality destination with retail, cultural, and tourist attractions.

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Image courtesy of "Economic Times"

Saudi Arabia's new mega project Mukaab is 20 times the size of ... (Economic Times)

Saudi Arabia: Mukaab will be one of the largest built structures in the world, standing 400m high, 400m wide, and 400m long. The cubic shape of the Mukaab ...

The cubic shape of the “Mukaab” will ensure the ultimate utilization of space to accommodate the technologies necessary to develop the icon," the Saudi fund said in a statement. [New Murabba Development Company](/topic/new-murabba-development-company)will develop the project and build the “Mukaab”, a landmark featuring the latest innovative technologies. The project is part of the government's effort to contribute to the development of real estate projects and the local infrastructure, and diversify sources of income for the Saudi economy. It will also feature an iconic museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues." [King Khalid](/topic/king-khalid)roads to the North West of Riyadh, over an area of 19 square kilometer. [Saudi Arabia](/topic/saudi-arabia)aims to develop the world’s largest modern downtown in Riyadh as part of Saudi Vision 2030 plan.

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Image courtesy of "Firstpost"

What is Saudi Arabia's giant cube-shaped skyscraper 'The Mukaab ... (Firstpost)

The Mukaab will include a museum, a technology and design university, and a multipurpose theatre. It will be at the centre of New Murabba, the futuristic ...

Although the city’s planners have stated that they will provide hyperloop and bullet trains for transportation, inhabitants will also be urged to use bicycles. US President Joe Biden will deliver his second State of the Union address on Tuesday. It will be at the centre of New Murabba, the futuristic metropolis in Riyadh Reportedly, work has already begun on the enormous tower. “The world’s first immersive, experiential destination. Where hospitality, retail and leisure reach new levels, all in breathtaking, ever-changing environments. It will be constructed around the Mukaab building, which is expected to be “one of the largest built structures in the world” and is referred to as the “new face of Riyadh.” According to Futurism, the construction is expected to be complete by 2030, which is less than a year after the country announced a 100-mile skyscraper that will house nine million people in the future. According to the publication, the Mukaab, as it will be known, will serve as the focal point of the city’s brand-new The 19-square-kilometre complex is slated to be erected to the northwest of central Riyadh and is being planned as a new downtown region for The new proposed construction, which resembles a hollow cube, will be able to hold 20 times the capacity of the Empire State Building in New York, according to local news reports. It will be about a third the size of Manhattan, covering an area of nearly seven square miles, according to Futurism.

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Image courtesy of "CNN"

Space pods and flying dragons. How Saudi Arabia wants to ... (CNN)

Saudi Arabia's Mukaab (the cube) skyscraper at the heart of the New Murabba, in the capital Riyadh. Public Investment Fund. Editor's Note: A ...

“It takes the value of women to the lowest, and I therefore have a hatred for the hijab,” he said. Asked why he said he would rip the hijab off, Kouka said it was “a joke.” He refused to apologize. The hijab is a sensitive topic in Tunisia. The UK’s Head of Counter Terrorism Policing said on Saturday that police continue to respond to threats from Iran against UK-based individuals and a Persian-language media company it didn’t name. - Background: The Campo Square “was hit by an airborne object while in the Arabian Sea approximately 300 nautical miles off the coasts of India and Oman” on the night of February 10, ship management company Eletson said in a statement, adding that there was minor damage to the vessel. - Why it matters: It’s the second time in less than three months that a tanker linked to Israel has been attacked off the coast of Oman. They have tried to get a lot of foreign direct investments (FDI) to realize this project,” said Krieg, adding that investment hasn’t come in the way Riyadh may have hoped. The kingdom’s current FDI stands at $19 billion as of 2021, according to the United Nations Conference on Trade and Development’s (UNCTAD) 2022 World Investment report. And last year, he unveiled a giant linear city, t [he Line](https://edition.cnn.com/style/article/saudi-arabia-the-line-city-scli-intl/index.html), which aimed to stretch over 106 miles and house 9 million people. “Back in the day, you would have negative discussions about Saudi Arabia affiliated to human rights abuses,” said Andreas Krieg, research fellow at the King’s College London Institute of Middle Eastern Studies. [Public Investment Fund](https://www.cnn.com/2023/01/04/cars/elon-musk-tesla-lawsuit-saudi-investment/index.html) (PIF), the MBS-led $620-billion sovereign wealth fund. But this is the birthplace of Islam,

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Image courtesy of "आज तक"

पाकिस्तान जैसे देशों को झटके पर झटका क्यों दे रहा सऊदी अरब? (आज तक)

सऊदी अरब अपने विदेशी कर्ज की नीति को कड़ा करने जा रहा है. पाकिस्तान और मिस्र जैसे देश ...

उन्होंने कहा था कि सऊदी अरब बिना शर्त किसी देश को लोन नहीं देगा और न ही उन देशों के बैंकों में अपने पैसे बिना शर्त जमा करेगा. हम बहुपक्षीय संस्थानों के साथ मिलकर काम कर रहे हैं ताकि हम यह कह सकें कि हम अपने आर्थिक मदद देने के तरीकों में बदलाव करने की जरूरत है. सऊदी अरब आए दिन ऐसी घोषणाएं कर रहा है जिससे उसकी मदद पर निर्भर पाकिस्तान जैसे देशों की हालत और पतली होने वाली है.

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Image courtesy of "The Siasat Daily"

Housing finance company aids expatriates' in owning a house in ... (The Siasat Daily)

Jeddah: An expatriate's dream of owning a house in Saudi Arabia is easier as some housing finance companies are offering to provide loans. BIDAYA Home.

In recognition of the company’s dedication to digital transformation, the Global Business Review Magazine named BIDAYA Home Finance “Saudi Arabia’s Best Islamic Digital Financing Company” for 2022, it said. More and more talent from around the world is lured to the Kingdom of Saudi Arabia as the country intensifies its efforts to achieve the lofty Vision 2030 goals. The business has introduced its first corporate services, including financing for the purchase of residential and commercial land, financing for the development or completion of real estate projects, and financing for buy-and-leaseback transactions, the statement reads.

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Image courtesy of "Arab News"

Saudi Arabia remains top destination for Bangladeshi migrant workers (Arab News)

“The country is in growing need of migrant workers also, as they have undertaken some mega projects,” Hasan told Arab News. “If we send 100,000 skilled workers, ...

So, the existing migrants in the Kingdom facilitate new jobs for their relatives in Bangladesh.” “We are working on preparing the skilled workers for this labor market. “For many years, Saudi Arabia has been considered the first choice for Bangladeshi migrants,” he said.

Knowledge: नदी नहीं समंदर का पानी बुझाता है प्यास, ये देश हर साल GDP ... (Zee News Hindi)

जल है तो कल है.....नई पीढ़ी पानी के महत्व को आसनी से समझ सके और उसे व्यर्थ ही बर्बाद न ...

सऊदी अरब में एक भी नदी न नहीं है, लेकिन यह दो ओर से समुद्र से घिरा है. ऐसे में दुनिया में एक देश ऐसा भी है, जहां एक भी नदी नहीं है. हालांकि, यह प्रोसेस बहुत ही महंगी है, लेकिन पानी तो जीवन का आधार है, बिन पानी सब सून...इसलिए वहां पानी के लिए मोटा पैसा बहाना पड़ता है. समुद्र के पानी को बनाते हैं पीने योग्य अब जब देश में नदियां और झीलें ही नहीं तो जीवन कैसे चल रहा है, ये ख्याल तो दिमाग में आता ही है. कुछ आंकड़ों की बात करें तो सऊदी का भूमिगत जल भी जल्दी ही खत्म होने वाला है. विश्व बैंक की एक रिपोर्ट की बात करें तो सऊदी अरब हर साल अपनी जीडीपी का लगभग 2 प्रतिशत पानी पर ही खर्च करता है.

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Image courtesy of "News18"

Saudi Arabia Launches Mega Project to Develop World's Largest ... (News18)

Saudi Arabia's crown prince Mohammed bin Salman has announced launching a massive proposed structure called New Murabba, which will transform downtown ...

It is about a 20-minute drive from the airport. It is expected to add Saudi Riyal 180 billion to non-oil GDP and create 334,000 direct and indirect jobs. m of office space and 1.8 million sq. m of community facilities. m of retail space, 1.4 million sq. The project will develop the world’s largest modern downtown in Riyadh and transform the city through the building of a unique living, working and entertainment experience.

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Image courtesy of "NationalWorld"

Mukaab: Saudi Arabia to build 400m high golden cube-shaped ... (NationalWorld)

The structure will house hospitality venues, residential units tourist attractions and more.

The smart city which is currently being built in Tabuk Province in northwestern Saudi Arabia. The New Murabba project will be built with sustainability in mind, and will feature green areas and walking and cycling paths in order to promote healthy, active lifestyles for those who visit. The cube will also be home to an "iconic museum", a technology and design university, a multipurpose immersive theatre, and more than 80 entertainment and culture venues. The Mukaab landmark is described as the "world’s first immersive destination", and will offer people an experience that is created by digital and virtual technology using the latest holographics. [His Royal Highness Crown Prince Mohammad bin Salman bin Abdulaziz](https://www.nationalworld.com/sport/football/who-is-mohammed-bin-salman-net-worth-of-saudi-crown-prince-linked-with-newcastle-united-takeover-3411126), who is also Saudi Arabia’s Prime Minister and Chairman of the New Murabba Development Company (NMDC), who said that it was part of Saudi Vision 2030. Advertisement

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Image courtesy of "The Siasat Daily"

Expatriates dream of own housing in Saudi Arabia is easier with the ... (The Siasat Daily)

Jeddah: The dream of owning a house in Saudi Arabia by expatriates is becoming easier now with some housing finance companies offering to provide loans.

In recognition of the company’s dedication to digital transformation, the Global Business Review Magazine named BIDAYA Home Finance “Saudi Arabia’s Best Islamic Digital Financing Company” for 2022, it said. More and more talent from around the world is lured to the Kingdom of Saudi Arabia as the country intensifies its efforts to achieve the lofty Vision 2030 goals. The business has introduced its first corporate services, including financing for the purchase of residential and commercial land, financing for the development or completion of real estate projects, and financing for buy-and-leaseback transactions, the statement reads.

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Image courtesy of "नवभारत टाइम्स"

Saudi Arabia Kaaba: क्या सऊदी अरब बना रहा नया काबा? 'मुरब्बा' शहर का ... (नवभारत टाइम्स)

Saudi Arabia New Murabba: सऊदी अरब ने अपने देश का भविष्य विदेशी निवेश पर निर्भर बनाने के लिए एक ...

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Image courtesy of "ABP News"

Saudi Arabia: क्या सऊदी अरब सरकार बना रही है नया काबा? Saudi प्रिंस ... (ABP News)

Saudi Arabia News: सऊदी अरब के क्राउन प्रिंस मोहम्मद बिन सलमान (MBS) ने राजधानी रियाद के सेंटर ...

मुसलमानों के बीच इस संरचना के निर्माण को लेकर काफी गुस्सा है. सऊदी अरब के क्राउन प्रिंस मोहम्मद बिन सलमान के इस ड्रीम प्रोजेक्ट को पूरा करने की जिम्मेदारी सॉवरेन वेल्थ फंड, पब्लिक इन्वेस्टमेंट फंड को दी गई है. कुछ लोगों का आरोप है कि सऊदी अरब के क्राउन प्रिंस अपने लिए अलग काबा का निर्माण कर रहे हैं, जो मनोरंजन के लिए है. इसका निर्माण विजन 2030 को फोकस में रखते हुए किया जा रहा है. रिपोर्ट के मुताबिक इस प्रोजेक्ट को लेकर काम शुरू हो गया है. लेकिन इसे लेकर लोगों में काफी गुस्सा है.

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Image courtesy of "Zee News Hindi"

Saudi Arabia: सऊदी प्रिंस के इस फैसले पर आगबबूला हुए मुसलमान, कहा ... (Zee News Hindi)

सऊदी अरब के क्राउन प्रिंस मोहम्मद बिन सलमान (MBS) राजधानी रियाद के सेंटर में New Murabba नाम ...

द इंटरसेप्ट के रिपोर्टर मुर्तजा हुसैन ने अपने ट्वीट में कहा, 'एक नया काबा बनाया जा रहा है, जो पूंजीवाद को समर्पित है.' हालांकि कुछ लोगों ने इसका बचाव भी किया है. इस डिजाइन को उन्होंने अपने नए प्रोजेक्ट के लिए तय किया है...इसका मतलब यह एंटरटेनमेंट का नया काबा है.' कुछ लोगों ने तो सोशल मीडिया पर ये भी लिख दिया कि सऊदी अरब के क्राउन प्रिंस अपने लिए अलग काबा का निर्माण कर रहे हैं, जो एंटरटेनमेंट के लिए है.

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Image courtesy of "Al Arabiya English"

'Discover NEOM' tour kicks off in Saudi's Jeddah to promote $500 ... (Al Arabiya English)

NEOM has kicked off its Discover NEOM tour in Jeddah to promote investment opportunities in the $500 billion mega project in Saudi Arabia's Red Sea.With.

“As our projects continue to take shape with achievements and rapid progress, even more opportunities will be ripe for potential partners. “NEOM represents our ambition to create a better future that flourishes with innovation and prosperity.” The discussions particularly focused on the projects supporting NEOM’s tourism sector including its new luxury island Sindalah which is set to rival top global tourist destinations such as the likes of Monaco and Athens with its year-long luxury offerings. [For all the latest headlines follow our Google News channel online or via the app.](https://news.google.com/publications/CAAqBwgKMOnQlwswi_quAw?oc=3&ceid=US:en&hl=en-US&gl=US) Being a living research and innovation hub that will redefine livability, urban planning, and various industries by adopting the latest technologies, NEOM presents massive business and investment opportunities and the chance to take part in creating the new future.” “Our meetings have also highlighted the progress that NEOM has been witnessing across its projects.

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Image courtesy of "DNA India"

Ronaldo पर करोड़ों लुटा सऊदी अरब ने कर दिया बड़ा खेल, अमेरिका-जर्मनी ... (DNA India)

FIFA World Cup In Saudi Arabia: सऊदी अरब खेलों की दुनिया में बादशाहत बनाने में जुटा है.

रिपोर्ट्स की मानें तो 2030 वर्ल्ड कप की मेजबानी के लिए क्राउन प्रिंस खुद मिस्र और ग्रीस के साथ बातचीत कर रहे हैं. बता दें कि फुटबॉल वर्ल्ड कप की मेजबानी के लिए अमेरिका और जर्मनी जैसे देश भी कोशिश में हैं. अब फुटबॉल वर्ल्ड कप की मेजबानी के लिए क्राउन प्रिंस खुद दिलचस्पी ले रहे हैं. कुछ दिन पहले ही WWE को भी सऊदी अरब ने खरीद लिया है. [फीफा वर्ल्ड कप](http://www.dnaindia.com/hindi/topic/fifa-world-cup) की मेजबानी के लिए सऊदी अरब पानी की तरह पैसा बहाने के लिए तैयार है. ग्रीस और मिस्र से समर्थन जुटाने के एवज में नए खेल स्टेडियमों के लिए होने वाले सभी खर्चे सऊदी अरब की ओर से करने की पेशकश की है.

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Image courtesy of "Jagran Josh"

What is Saudi Arabia's Next Mega-Project? Mukaab, An Indoor ... (Jagran Josh)

Saudi Arabia has recently revealed their big plans for a massive new proposed project in the country's capital Riyadh called Mukaab. Check details here!

This is because Saudi Arabia looks to diversify away from its reliance on oil and gas exports. Saudi Arabia has recently revealed their big plans for a massive new proposed project in the country's capital Riyadh called Mukaab. - The district will also be home to a museum, a technology and design museum, a theatre, and more than 80 entertainment and cultural venues. - Based on the modern Najdi architectural style, with a futuristic twist, the building will enclose a tower on top of a spiral base. - The building will be based on the modern Najdi architectural style, but with a futuristic twist. - It is a cube-like city that will form the centerpiece of a new downtown area in Riyadh.

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Image courtesy of "Livemint"

Size of 20 Empire State buildings: Saudi Arabia's new cube-shaped ... (Livemint)

In the next step for urban design and an engineering marvel, Saudi Arabia has for the first time revealed a design with an aim to build the world's largest ...

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Image courtesy of "DNA India"

DNA Explainer: Why are Muslims against Saudi Arabia's plan to ... (DNA India)

The structure of the Saudi project of New Murabba has sparked controversy.

Muslims have been critical of Saudi Arabia's mega-projects, including the NEOM project, a future smart city that will span 170 km and cost 500 billion dollar. Some Muslims see the project as a move to shift the identity of Saudi Arabia from the Kaaba in Mecca to Riyadh. Sami Al-Hachimi Al-Hamidi, managing director of International Interest, a global risk and intelligence firm, said in a video on Twitter that Saudi Arabia is moving its identity from the Kaaba in Mecca to Riyadh.

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Image courtesy of "Reuters"

Saudi Arabia to deposit $1 billion in Yemen's central bank -source (Reuters)

Saudi Arabia will make a $1 billion deposit in Yemen's central bank on Tuesday, a Saudi source told Reuters, as the government there struggles with a weak ...

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Image courtesy of "THE WEEK"

Saudi Arabia announces new cube city 'The Mukaab' (THE WEEK)

Saudi Arabia has unveiled a new ambitious development project to build a giant cube-shaped supertall skyscraper in the country's capital.

It will transform Saudi Arabia into a world leader in tourism, technology and the creative industries. “The Mukaab,” which means cube in Arabic, will be built by the Saudi Arabia's New Murabba Development Company (NMDC) using Kingdom’s Public Investment Fund. Announciing the plan of 'The Mukaab' on Feb 16, Saudi Crown Prince and Prime Minister Muhammed bin Salman said the aim is to develop the world’s largest downtown in Riyadh by 2030.

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Image courtesy of "Egypt Independent"

Space pods and flying dragons. How Saudi Arabia wants to ... (Egypt Independent)

The kingdom is building a new downtown in the capital Riyadh, its sovereign wealth fund announced on Friday. Spearheaded by Crown Prince Mohammed bin Salman ( ...

They have tried to get a lot of foreign direct investments (FDI) to realize this project,” said Krieg, adding that investment hasn’t come in the way Riyadh may have hoped. The kingdom’s current FDI stands at $19 billion as of 2021, according to the United Nations Conference on Trade and Development’s (UNCTAD) 2022 World Investment report. And last year, he unveiled a giant linear city, t [he Line](https://edition.cnn.com/style/article/saudi-arabia-the-line-city-scli-intl/index.html), which aimed to stretch over 106 miles and house 9 million people. But some have questioned whether the project will even come to fruition. [Public Investment Fund](https://www.cnn.com/2023/01/04/cars/elon-musk-tesla-lawsuit-saudi-investment/index.html) (PIF), the MBS-led $620-billion sovereign wealth fund. “Back in the day, you would have negative discussions about Saudi Arabia affiliated to human rights abuses,” said Andreas Krieg, research fellow at the King’s College London Institute of Middle Eastern Studies. He added that it is particularly difficult for Saudi Arabia because “they’ve spent decades not attracting foreign, non-Muslim visitors.” The building also includes recreational facilities as well as hotels and residential units. The project is due to be completed in 2030. Spearheaded by Crown Prince Mohammed bin Salman (MBS), the “ It offers “an immersive experience” with landscapes changing from outer space to green vistas, according to [neighboring Dubai](https://edition.cnn.com/2023/01/23/entertainment/beyonce-dubai-atlantis-hotel-concert/index.html) and the [Qatari capital Doha](https://edition.cnn.com/travel/article/qatar-museums/index.html), both of which have for decades tried to position themselves as regional tourism and investment hubs.

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Image courtesy of "Al Arabiya English"

Founding Day: Travel searches for Saudi Arabia on Skyscanner ... (Al Arabiya English)

Saudi Arabia was Skyscanner's top searched travel destination by GCC residents in the week leading up to Saudi Founding Day, the global travel marketplace.

[Saudi Founding Day: Events, celebrations across the Kingdom to mark occasion](https://english.alarabiya.net/News/saudi-arabia/2023/02/20/Saudi-Founding-Day-Events-celebrations-across-the-Kingdom-to-mark-occasion-) [Saudi Founding Day: Employees to enjoy long weekend with Feb. Saudi Arabia’s mega project appoints founding president for first university in NEOMSaudi Arabia’s NEOM has appointed Dr. Saudi Founding Day: Employees to enjoy long weekend with Feb. [For all the latest headlines follow our Google News channel online or via the app.](https://news.google.com/publications/CAAqBwgKMOnQlwswi_quAw?oc=3&ceid=US:en&hl=en-US&gl=US) Not only do these hacks change depending on the destination but also, travelers will find differing results for the same destination but a different month. [Saudi Arabia](https://english.alarabiya.net/News/saudi-arabia) is on average 21 weeks before departure and the cheapest day of the week to travel from [Saudi Arabia ](https://english.alarabiya.net/News/saudi-arabia)is a Sunday, the travel company said in a statement.

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Image courtesy of "नवभारत टाइम्स"

Saudi Arabia Mukaab:सऊदी अरब के नए शहर में साइंस भी फेल! हवा में ... (नवभारत टाइम्स)

Saudi Arabia New Murabba: सऊदी अरब दुनिया भर से विदेशी टूरिस्ट्स को अपनी ओर आकर्षित करने में लगा ...

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Image courtesy of "The Economic Times"

Saudi Arabia Mukaab: Saudi Arabia's project Mukaab is 20 times the ... (The Economic Times)

Saudi Arabia: Mukaab will be one of the largest built structures in the world, standing 400m high, 400m wide, and 400m long. The cubic shape of the Mukaab ...

The cubic shape of the “Mukaab” will ensure the ultimate utilization of space to accommodate the technologies necessary to develop the icon," the Saudi fund said in a statement. [New Murabba Development Company](/topic/new-murabba-development-company)will develop the project and build the “Mukaab”, a landmark featuring the latest innovative technologies. The project is part of the government's effort to contribute to the development of real estate projects and the local infrastructure, and diversify sources of income for the Saudi economy. It will also feature an iconic museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues." [King Khalid](/topic/king-khalid)roads to the North West of Riyadh, over an area of 19 square kilometer. [Saudi Arabia](/topic/saudi-arabia)aims to develop the world’s largest modern downtown in Riyadh as part of Saudi Vision 2030 plan.

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Image courtesy of "The National"

Rare pre-Islamic artefacts discovered in southern Saudi Arabia (The National)

The findings include three gold rings, a bronze bull's head, large inscriptions and various types of pottery.

It has also clarified Najran's role in the transmission of culture and civilisation going back to the pre-Christian era. At 48cm high and 2.3 metres long, it is the largest inscription of its kind found in the region. The find includes three ancient rings, which are equal in size and feature butterfly-shaped motifs on top.

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Image courtesy of "Al Arabiya English"

Saudi Arabia to deposit $1 billion in Yemen's Aden-based central bank (Al Arabiya English)

Saudi Arabia will make a $1 billion deposit in Yemen's Aden-based central bank on Tuesday, a Saudi source told Reuters, as the government there struggles.

Yemen has two rival central banks. [US may send seized Iranian weapons intended for Yemen’s Houthis to Ukraine: Report](https://english.alarabiya.net/News/world/2023/02/14/US-considers-sending-seized-Iranian-weapons-to-Ukraine-Report) [UAE, GCC condemn Houthi attack on oil terminal in Yemen’s Hadramawt](https://english.alarabiya.net/News/gulf/2022/10/22/UAE-GCC-condemn-Houthi-attack-on-oil-terminal-in-Yemen-s-Hadramawt) [Houthi-run court in Yemen upholds five-year sentence against actress](https://english.alarabiya.net/News/gulf/2023/02/13/Houthi-run-court-in-Yemen-upholds-five-year-sentence-against-actress) [Saudi Arabia](https://english.alarabiya.net/News/saudi-arabia) will make a $1 billion deposit in Yemen’s Aden-based central bank on Tuesday, a Saudi source told Reuters, as the government there struggles with a weak currency and high fuel and commodity prices.

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Image courtesy of "Current Affairs"

Mukaab Indoor Super-City is Saudi Arabia's Next Mega-Project in ... (Current Affairs)

Saudi Arabia's Crown Prince unveiled The Mukaab, which is a 400-meter-high, wide, and long long indoor supercity in the center of Riyadh.

The developers informed that the project would create more than 340,000 jobs and the Mukaab project is scheduled to be completed by 2030. The structure will feature two million square meters of floor space that will be a hospitality destination with retail, cultural, and tourist attractions, featuring residential and hotel units, commercial space, and recreational facilities. Saudi Arabia’s Crown Prince unveiled The Mukaab, which is a 400-meter-high, wide, and long long indoor supercity in the center of Riyadh.

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Image courtesy of "ABP News"

New Kaaba Cost: सऊदी अरब में कितने करोड़ रुपये में बन रहा है 'नया काबा ... (ABP News)

Saudi Arabia Mukaab: सऊदी अरब सरकार का दावा है कि इस परियोजना के पूरा होने के बाद देश को 48 बिलियन ...

प्रेस विज्ञप्ति के मुताबिक दावा किया जा रहा है कि यह परियोजना सऊदी अर्थव्यवस्था में 180 बिलियन रियाल (48 बिलियन डॉलर) जोड़ेगी. सऊदी अरब की नई इमारत 'मुकाब' में न्यूयॉर्क की एम्पायर स्टेट बिल्डिंग से 20 गुना ज्यादा स्पेस होगा. सऊदी सरकार ने इस परियोजना के प्रमोशन को लेकर एक वीडियो भी शेयर किया, जिसमें साफ तौर से देखा जा सकता है कि मुकाब की संरचना किसी शहर की तरह है.

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Image courtesy of "Zee News"

'New Kaaba': Saudi Arabia Trends on Twitter, Google Over Plans to ... (Zee News)

Saudi Arabia Mukaab Project: The announcement regarding the “New Murabba Project and the Mukaab” has evoked a mixed response from Saudi Nationals.

However, it is not the first geometrically challenging grandiose project Saudi Arabia has announced in recent years. However, the announcement regarding the “New Murabba Project and the Mukaab” has evoked a mixed response from Saudi Nationals. Will he enforce it as the new qibla for worshippers?” At the center of the project will be "The Mukaab", which translates to a cube, a mammoth 400-meter-long, wide and deep structure made up of overlapping triangular forms, in an architectural style inspired by the Najd region of Saudi Arabia. RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman recently announced his plans to build a gigantic new building a – cube - in the middle of a new city center being developed in the capital Riyadh. While some have reacted angrily to it, others have welcomed the announcement.

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Image courtesy of "PRNewswire"

WEMADE partners with Nine66 to further its footprint in Saudi Arabia (PRNewswire)

PRNewswire/ -- WEMADE, the South Korean game developer, announced a Memorandum of Understanding (MOU) with Nine66, a Savvy Games Group ("Savvy") company, ...

In January, WEMADE announced the establishment of a subsidiary in Abu Dhabi in the United Arab Emirates and plans to open another branch in MENA region and work with local projects and companies. As part of its mandate, Savvy is also set to invest USD 37.8 billion in the games industry. Nine66, part of the Savvy Games Group, is an integrated support system for game developers. Nine66 is committed to building and investing in the thriving gaming ecosystem in Saudi Arabia. Saudi Arabia is already a leader in the Middle East's gaming market, with over 80% of its 36 million population identifying as gamers. WEMADE is one of the most well established South Korean gaming companies of over 22 years of history.

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Image courtesy of "Business Today"

Mukaab: All about Saudi Arabia's plans for world's largest downtown ... (Business Today)

Saudi Arabia Crown Prince Mohammed bin Salman has recently announced world's largest modern downtown in Riyadh, which will feature 'Mukaab', an exceptional ...

Mukaab will be a cube-shaped edifice that will be the largest in the world When finished, Mukaab will be the highest in the world, topping even Dubai’s Burj Khalifa. The project is due to be completed in 2030

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Image courtesy of "WION"

Explained | 'The Mukaab': Saudi Arabia's cube-shaped skyscraper ... (WION)

Earlier this week, Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman (MBS) announced the plans for a new ambitious development project to ...

The skyscraper will be in the shape of a cube measuring 400 metres in height, 400 metres in width, and 400 metres in length. The project which is expected to finish by 2030 will contribute SAR180 billion ($47 billion) to non-oil GDP and create 334,000 direct and indirect jobs in the next seven years, said the PIF. The Mukaab will also comprise an iconic museum, a technology and design university, and a multipurpose immersive theatre. The New Murabba project will be located in the capital city at the intersection of King Salman and King Khalid roads in the northwest of Riyadh, as per Arab news. The project also comes two years after the Saudi Crown Prince announced his $500 billion futuristic NEOM city in the northwest of the country. The skyscraper would be large enough to hold 20 Empire State Buildings and would house hundreds of thousands of residents.

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Image courtesy of "ABC News"

Saudi Arabia deposits $1 billion into Yemen's central bank (ABC News)

Saudi Arabia has deposited $1 billion into the central bank of Yemen's internationally recognized government in a bid to bolster the country's ailing ...

During this period, Houthi and Saudi officials have been engaged in talks seeking to reach a negotiated end to the civil war. The war began in 2014 when Iran-backed Houthi rebels seized Yemen’s capital Sanaa, along with much of the north of the country, forcing the government into exile. Over 150,000 people have been killed in the conflict.

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Image courtesy of "OilPrice.com"

Saudi Arabia's Oil Company Slips To World's 3rd Largest Company (OilPrice.com)

Saudi Arabia's state-run oil giant, Saudi Arabia, is now the world's third-largest company by market capitalization.

And in my view, an increased emphasis on ESG is a move in the right direction,” Nasser said last week, adding that if ESG-driven policies are implemented with a bias toward fossil fuel projects, the underinvestments would have serious ramifications with regard to energy security and affordability. “We are very optimistic in terms of demand coming back to the market,” Nasser said at the time. Just two months ago, in mid-December, Aramco held the Number two position with a market cap of $1.81T, behind only Apple.

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Image courtesy of "Dezeen"

Dezeen Agenda features Saudi Arabia's plans for a cube-shaped ... (Dezeen)

The latest edition of our weekly Dezeen Agenda newsletter features plans to build a 400-metre-high cube-shaped skyscraper in Riyadh.

[Twitter Inc.](https://twitter.com/en/privacy) The registered data is used to categorise the user's interest and demographic profiles in terms of resales for targeted marketing. Can also be used to register user interaction and preferences in context with audio-content - This can serve statistics and marketing purposes. [Simpli.fi](https://simpli.fi/site-privacy-policy/) Collects data on the user's visits to the website, such as what pages have been loaded. [Google](https://policies.google.com/privacy) The data is used for statistical or marketing purposes. [Meta Platforms, Inc.](https://www.facebook.com/policy.php/) Collects information on user behaviour on multiple websites. The source's identity is kept secret by the company, Whois Privacy Protection Service, Inc. This allows the website to present the visitor with relevant advertisement - The service is provided by third party advertisement hubs, which facilitate real-time bidding for advertisers. This information will become an ID string with information on a specific visitor – ID information strings can be used to target groups with similar preferences, or can be used by third-party domains or ad-exchanges.

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Image courtesy of "Bloomberg"

Saudi Arabia to Deposit $1 Billion in Yemen to Steady Currency (Bloomberg)

Saudi Arabia will deposit $1 billion in Yemen's Aden-based central bank to help stabilize the local currency, a senior official at the bank told Bloomberg.

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Image courtesy of "Al-Monitor"

Reports: Saudi Arabia to deposit $1 billion in Yemen's central bank (Al-Monitor)

The European Union also announced additional funding for Yemen, while a famine watchdog said that economic warfare is increasingly causing hardship for ...

Saudi Arabia and the United Arab Emirates pledged $3 billion in assistance to Yemen last April amid these difficulties. Part of the funds will go toward addressing food security, according to a press release. The government has also been delaying clearance to fuel ships to Houthi areas, the US government’s Famine Early Warning Systems Network reported in December. Houthi forces have also carried out drone attacks on Saudi Arabia and the United Arab Emirates. Reuters reported that the kingdom will deposit the money into the government’s central bank based in Aden. Iran supports the Houthis while a Saudi-led coalition backs the government.

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Image courtesy of "Aljazeera.com"

Saudi Arabia deposits $1bn in Yemen's Aden-based central bank (Aljazeera.com)

The deposit comes as the Saudi-backed administration struggles to handle weak currency and high fuel prices.

In April 2022, Houthi rebels and the internationally recognised Yemeni government based in Aden agreed to a two-month Yemen has two rival central banks. In November, the Arab Monetary Fund based in the UAE capital, Abu Dhabi, signed a $1bn agreement to support Yemen’s economic reform programme.

Saudi Arabia E-Commerce Market Report 2023: Increased Demand ... (Yahoo Finance)

The "Saudi Arabia E-Commerce Market, Size, Share, Forecast 2023-2027, Industry Trends, Growth, Insights, Impact of Inflation, Company Analysis" report has ...

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