Page 6 - Soudah Development News Today

SOUDAH: Soudah Development, a closed joint-stock real estate development company owned by the Public Investment Fund of Saudi Arabia, has become the main partner in one of the world’s toughest endurance motorsports event, the Dakar Saudi Arabia 2022. The sponsorship is part of SD’s plans to promote extreme sports and adventure sports under its vision to create a luxury

RIYADH: Public Investment Company-owned Soudah Development Co. has attracted SR11 billion ($3 billion) of investment for its development of Al Soudah in the Asir region of Saudi Arabia, said CEO Husameddin Al-Madani. Of that $3 billion, $800 million is only for infrastructure, including primary and secondary and tertiary roads, and some investment in energy and microgrids, he

It was announced at the Saudi Green Initiative Forum (SGI), which kicked off in Riyadh Saturday in the presence of government officials, business leaders, climate experts and key policymakers.

RIYADH: Soudah Development, a Public Investment Fund company, on Saturday announced a new environmental initiative to plant more than 1 million trees across Soudah and parts of Rijal Almaa by 2030. It was announced at the Green Saudi Initiative Forum. The landmark project will support the Saudi Green Initiative, which aims to plant 10 billion trees, reduce carbon emissions by

According to a statement from the Ministry of Health, 2 people died due to complications caused by the virus over the past 24 hours.

Around 15,688 violators of residency and labor laws and border security regulations have been arrested in various regions of the Kingdom within a week.

Soudah Development, a unit of Saudi Public Investment Fund (PIF), has partnered with Beacon Development Company in bid to promote long-term sustainable development and launch regulations and legislation aimed at protecting the environment and society.

Husameddin Al-Madani is the chief executive officer of Soudah Development Co.

Sustainability is the guiding principle for everything we do at Soudah Development Co. — and this is far from greenwashing. More than 90 percent of Saudi Arabia’s forests are located in the Asir region and protecting and restoring our unique ecosystems is an absolute priority. As a major oil-producing nation, we are fully aware and aligned with the Kingdom’s responsibility to

Saudi Arabia’s mega vision for its tourism industry is thoroughly embodied by way of two large-scale developments along its Red Sea coast, led by the far-sighted John Pagano.